The Argentina Agricultural Machinery Market size is estimated at USD 1.26 billion in 2023, and is expected to reach USD 1.67 billion by 2028, growing at a CAGR of 5.80% during the forecast period (2023-2028).
The Argentina farm machinery market is consolidated, with few players holding a major market share. Agrale, Kubota, Deere and Company, AGCO group, Mahindra, CNH Industrial, and Yanmar Co. Ltd are some of the major players in the market. Argentina's agricultural machinery companies also compete based on product quality or promotion. Still, they are also focused on other strategic moves, like acquisitions and expansions, to acquire a larger share and expand their acquired market size.
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