Global Agriculture Equipment Market Growth (Status and Outlook) 2023-2029

Global Agriculture Equipment Market Growth (Status and Outlook) 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 “Agriculture Equipment Industry Forecast” looks at past sales and reviews total world Agriculture Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Agriculture Equipment sales for 2023 through 2029. With Agriculture Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Agriculture Equipment industry.
This Insight Report provides a comprehensive analysis of the global Agriculture 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 Agriculture Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Agriculture Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Agriculture 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 Agriculture Equipment.
The global Agriculture Equipment market size is projected to grow from US$ 111630 million in 2022 to US$ 159700 million in 2029; it is expected to grow at a CAGR of 5.2% 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 Agriculture Equipment market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Wheel Drive Tractors
Crawler Tractors
Harvesters
Sprayers
Others
Segmentation by application
Plowing
Sowing
Plant Protection & Fertilizing
Harvesting & Threshing
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
Kubota
AGCO
Claas
Yanmar
Mahindra
LOVOL
SDF
JCB
TAFE
YTO Group
Exel Industries
Jiangsu Wode Group
ISEKI
Rostselmash
Wuzheng
Dongfeng farm
Shandong Shifeng
Zoomlion

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