Global Farm Equipment Market Growth 2024-2030
The global Farm Equipment market size is projected to grow from US$ 371.1 million in 2023 to US$ 543.4 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Farm Equipment Industry Forecast” looks at past sales and reviews total world Farm Equipment sales in 2023, providing a comprehensive analysis by region and market sector of projected Farm Equipment sales for 2024 through 2030. With Farm Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Farm Equipment industry.
This Insight Report provides a comprehensive analysis of the global Farm 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 Farm Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Farm Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Farm 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 Farm Equipment.
United States market for Farm Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Farm Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Farm Equipment is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Farm Equipment players cover John Deere, AGCO Corporation, CNH Industrial N.V,, Kubota Corporation and Mahindra & Mahindra, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Farm Equipment market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Tractors
Fertilizing Equipment
Plant Protection Equipment
Harvesting Equipment
Irrigation Equipment
Other
Segmentation by application
Land Development
Sowing
Planting
Cultivation
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
AGCO Corporation
CNH Industrial N.V,
Kubota Corporation
Mahindra & Mahindra
Alamo Group Inc.
Zetor Tractors A.S
Bucher Industries
Class KGaA
Escorts Group
Exel industries
Netafim Ltd
Tractors and Farm Equipment Limited
Key Questions Addressed in this Report
What is the 10-year outlook for the global Farm Equipment market?
What factors are driving Farm Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Farm Equipment market opportunities vary by end market size?
How does Farm Equipment break out type, application?
Please note: The report will take approximately 2 business days to prepare and deliver.