Market Analysis and Insights: Global Agricultural Machinery and Equipment Market
The global market scale of Agricultural Machinery and Equipment was 123.5 billion dollars in 2021. In the next five years, the global consumption of Agricultural Machinery and Equipment will show upward tendency further, it is expected to reach 134.9 billion dollars by 2022 and 179.1 billion dollars by 2028, with the CAGR of 4.84% from 2022 to 2028.
The global Agricultural Machinery and 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 five global revenue share spots in the Agricultural Machinery and Equipment market in 2021, accounting for 48 percent revenue share. LOVOL is the largest player in China.
In this study, the market for Agricultural Machinery and Equipment was divided into five geographic regions. Asia-Pacific occupied the largest production market share with 41% in 2021 in terms of value. It is followed by North America and Europe.
Global Agricultural Machinery and Equipment Scope and Market Size
The global Agricultural Machinery and Equipment market is segmented by region (country), company, by Type, and by Application. Players, stakeholders, and other participants in the global Agricultural Machinery and Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
By Company
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
Segment by Type
Tractors
Harvesters
Spraying Equipment
Planting Equipment
Hay & Forage Equipment
Others
Segment by Application
Crops
Forestry
Horticulture
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Europe
Germany
UK
France
Russia
Italy
Latin America
Mexico
Brazil
Middle East & Africa
Middle East
Africa
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