Global Agricultural Equipment Market Growth 2023-2029

Global Agricultural Equipment Market Growth 2023-2029

The Agriculture Equipment market covers Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers, Others, etc. The typical players include John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL, etc.

Agricultural machinery is machinery used in farming or other agriculture. There are many types of such equipment including tractors, Harvesters, planting, seeding and tillage equipment, etc.

LPI (LP Information)' newest research report, the “Agricultural Equipment Industry Forecast” looks at past sales and reviews total world Agricultural Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Agricultural Equipment sales for 2023 through 2029. With Agricultural Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural Equipment industry.

This Insight Report provides a comprehensive analysis of the global Agricultural Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Agricultural Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Agricultural Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Agricultural Equipment.

The global Agricultural Equipment market size is projected to grow from US$ 111630 million in 2022 to US$ 139320 million in 2029; it is expected to grow at a CAGR of 139320 from 2023 to 2029.

The global agriculture equipment market is relatively scatted. There are large multinational enterprises and small local players scatted all around the world. John Deere, CNH Industrial, Kubota, AGCO, Claas captured the top 5 global revenue share spots in the agriculture equipment market, accounting for 44 percent revenue share. The market segment by five types: Wheel Drive Tractors, Crawler Tractors, Harvesters, Sprayers and other. Wheel Drive Tractors is the dominated type, accounting for about 47% sales market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Agricultural Equipment market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Harvesting Machinery
Planting & Fertilizing Machinery
Haying Machinery
Livestock Machinery

Segmentation by application
Farm
Forest Farm
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
John Deere
CNH
AGCO
Claas
Same Deutz-Fahr
YTO Grouporation
Foton Lovol International Heavy Industry
Changzhou Dongfengricultural Machinery Group
Shandong Changlin Machinery Group
Jiangsu Changfa Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Agricultural Equipment market?

What factors are driving Agricultural Equipment market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Agricultural Equipment market opportunities vary by end market size?

How does Agricultural Equipment break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.