Global Agricultural Machinery Market Growth (Status and Outlook) 2025-2031

The global Agricultural Machinery market size is predicted to grow from US$ 149570 million in 2025 to US$ 201150 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.

Agricultural machinery refers to the various machinery and equipment used in farming and agriculture to perform tasks more efficiently than manual labor alone. These machines are crucial for modern agricultural practices, helping farmers increase productivity, reduce labor costs, and manage large-scale operations effectively.

Global key players of Agricultural Machinery include John Deere, CNH Industrial (Case IH and New Holland), Kubota, AGCO, Claas, etc. The top five players hold a share about 53%. Asia-Pacific is the world's largest market for Agricultural Machinery and holds a share about 43%, followed by Americas and Europe, with share about 30% and 23%, separately. In terms of product type, Tractors is the largest segment, accounting for a share about 54%. In terms of application, Crops is the largest field with a share about 72 percent.

LPI (LP Information)' newest research report, the “Agricultural Machinery Industry Forecast” looks at past sales and reviews total world Agricultural Machinery sales in 2024, providing a comprehensive analysis by region and market sector of projected Agricultural Machinery sales for 2025 through 2031. With Agricultural Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agricultural Machinery industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agricultural Machinery 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 Machinery.

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

Segmentation by Type:
Tractors
Harvesters
Spraying Equipment
Planting Equipment
Hay & Forage Equipment
Others

Segmentation by Application:
Crops
Forestry
Horticulture
Others

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 Industrial(Case IH and New Holland)
Kubota
AGCO
Claas
Mahindra
Yanmar
LOVOL
WORLD
SDF
JCB
YTO Group
Tractors and Farm Equipment (TAFE)
ISEKI
Exel Industries
Escorts Kubota
Wuzheng
Horsch Maschinen
Rostselmash
Dongfeng Farm
Lemken
Shandong Shifeng
Zoomlion

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