Agriculture Equipment Market - Global Outlook & Forecast 2025-2030

List of Tables

The global agriculture equipment market is expected to grow at a CAGR of 4.02% from 2024 to 2030.

MARKET TREND & DRIVERS

Growth in Electrification and Sustainable Solutions

The agriculture equipment market is undergoing a transformation driven by electrification and sustainability. Key players like Monarch Tractor and Solectrac are leading with robust sales growth in electric tractors, while advancements in battery technology and precision farming tools are optimizing efficiency and reducing emissions. Government initiatives, such as the USDA's $500 million grants and India's subsidy programs, are further accelerating adoption. This dual focus on innovation and eco-friendly practices is reshaping the industry, positioning it for significant growth and alignment with modern agricultural demands.

Shift Toward Precision Agriculture

The global agriculture equipment market is experiencing a paradigm shift with the growing adoption of precision agriculture technologies. These advancements, including GPS-enabled tractors, autonomous machinery, and IoT-integrated systems, optimize resource use, enhance productivity, and reduce environmental impact. Key players like John Deere, Kubota, and CNH Industrial are driving innovation, while government incentives and rising adoption in emerging markets further fuel demand.

Growing Investment From Farm Equipment Manufacturers

Investment by farm equipment manufacturers is a key driver fueling the demand for farm equipment in the global market. Increased funding from major agricultural machinery producers enables the development of advanced technologies, enhancing productivity and efficiency in farming. For instance, John Deere's $3.5 billion investment in automation and electric machinery is a testament to the industry's focus on innovation. Similarly, AGCO's strategic acquisitions, such as the 2023 purchase of the precision agriculture firm Fendt, demonstrate how manufacturers are boosting their capabilities to meet the evolving demands of global markets. These investments are particularly noticeable in emerging markets, where the need for mechanization and modernization of agriculture is growing rapidly. As manufacturers expand their presence globally, they also contribute to improved accessibility and affordability of farm equipment, stimulating further agriculture equipment market growth.

INDUSTRY RESTRAINTS

Challenge From the Rental Agricultural Equipment

The increasing demand for rental agricultural equipment is becoming a key constraint in the global farm equipment market, potentially impacting new machinery sales. Farmers, particularly in regions with seasonal activities or smaller farm sizes, are opting for cost-effective rental solutions to access specialized machinery without significant capital investment. This trend, supported by improved equipment availability and favorable leasing terms, is particularly prominent among small and medium-sized farms, contributing to a decline in new equipment purchases and altering market dynamics.

Supply Chain Disruptions

The agriculture equipment market continues to face significant disruptions due to lingering supply chain issues, geopolitical tensions, and rising raw material costs. For instance, in 2023, John Deere reported production delays of up to six months, citing semiconductor shortages and higher steel prices as major factors. Similarly, CNH Industrial experienced a 5% decline in equipment sales in Q1 2023, while emerging markets like India grapple with logistical challenges and port congestion, further hindering machinery availability and market growth.

SEGMENTATION INSIGHTS

The global agriculture equipment market is experiencing significant advancements, driven by the demand for efficiency, sustainability, and higher productivity in farming operations. Recent product launches across various equipment types, including tractors, irrigation systems, land preparation machinery, harvesting tools, and plant protection equipment, highlight the industry's innovative direction. These developments are reshaping the market to meet the diverse needs of agriculture worldwide.

In the agriculture tractors segment, key players are introducing advanced models with cutting-edge features. AGCO's Fendt 600 Vario Series, launched in 2024, offers versatility with a power range of 140 to 240 HP, catering to a wide range of farming applications. Mahindra's Oja range, launched in August 2023, focuses on modernizing operations while offering affordability. These innovations reflect the growing trend toward automation, precision, and sustainability in tractor manufacturing.
Sustainability and electrification are driving advancements in seedling, planting, and irrigation equipment in the agriculture equipment market. John Deere made a significant move in January 2023 by introducing battery-powered farming equipment, promoting eco-friendly planting and irrigation solutions. Additionally, Mahindra's PlantingMaster Potato+, developed in collaboration with Dewulf, enhances potato planting efficiency, highlighting the growing demand for sustainable and precise farming systems.
The land preparation equipment segment in the global agriculture equipment market has also seen significant progress. CLAAS introduced the EVION 400 Series harvesters in July 2023, designed to enhance soil preparation and overall performance in pre-planting operations. These innovations address the rising awareness of soil health and efficient land management practices, especially in regions with expanding mechanized farming.
Automation is becoming a key feature in harvesting and threshing equipment. New Holland's T8 tractor with Raven Autonomy, launched in November 2022, offers driverless grain cart capabilities, marking a major milestone. AGCO's Fendt AutoDock System, the first automatic header connection system for combines, further improves harvesting efficiency by reducing downtime and labor needs. These developments are especially valuable in developed markets facing labor shortages.
The weeding and plant protection equipment segment in the agriculture equipment market is also adopting precision technologies to ensure sustainable crop growth. AGCO's Fendt Rogator(R) 900 Series sprayer exemplifies this trend with advanced application technology, reducing chemical use and environmental impact. These innovations are part of the industry's broader shift toward sustainable farming practices.

Overall, these product launches underscore the agriculture equipment market's commitment to integrating technology and sustainability. As global food demand rises, these innovations equip farmers with the tools needed to tackle the challenges of modern agriculture effectively.

Segmentation by Type

Agriculture Tractors

Horsepower Type
- Less Than 50 HP
- 50-100 HP
- Above 100 HP
Wheel Drive Type
- 2-Wheel-Drive
- 4-Wheel-Drive

Seedling, Planting, & Irrigation

Irrigation Pumps
Planters
Seed Drillers

Land Preparation

Tillers
Ploughs
Harrow

Harvesting & Threshing

Combine Harvester
Thresher
Others

Weeding & Plant Protection

Sprayers
Weeders

GEOGRAPHICAL ANALYSIS

APAC dominated the global agriculture equipment market share, accounting for over 58% in 2024. The Asia Pacific market is growing rapidly due to rising food demand driven by a population of over 4.7 billion. Governments in countries like China and India are offering subsidies to boost precision farming and modern agricultural technologies. Also, government initiatives like Japan's Smart Agriculture Project and Australia's "Ag2030" plan are driving innovation. These programs aim to enhance productivity and sustainability through robotics and digital technologies. Furthermore, the North American agriculture equipment market is experiencing significant growth, driven by advancements in technology and increasing demand for efficient farming solutions. Government funding is a significant driver, with the USDA allocating over USD 500 million in 2023 to promote technologies like IoT and autonomous machinery. This has spurred innovation among startups and established firms. Also, private sector investments are fueling growth, with Deere & Company reporting a 15% sales increase in precision agriculture tools in 2023. Venture capital funding for platforms like Indigo Agriculture exceeded USD 2 billion.

The European agricultural equipment market is a key driver of the region's farming industry, providing advanced tools and technologies to enhance productivity and ensure sustainable farming practices. Government support is a key driver, with the European Commission allocating USD 1.5 billion under Horizon Europe for sustainable agricultural R&D in 2023. This funding fosters the development of data-driven solutions and promotes innovation in the sector. Also, the rising demand for organic produce is pushing the use of agriculture equipment tools for better crop management and reduced resource consumption. Companies like BASF launched digital platforms in 2024 to help farmers meet environmental regulations.

The Latin American agriculture equipment market is growing due to rising food demand, driven by a growing population and urbanization. R&D investment is fueling market growth, with over USD 5 billion invested in agriculture equipment in 2023. Countries like Argentina and Chile are leveraging technology to improve crop yield and address climate change challenges. Also, the focus on sustainability is reshaping the sector, as Latin American farmers adopt technologies to reduce resource usage and waste. This is attracting investment and fostering partnerships between startups and major agricultural companies. Furthermore, the Middle East and Africa (MEA) agriculture equipment market has been witnessing dynamic growth fueled by recent product innovations, strategic partnerships, and government-led incentives to enhance agricultural productivity. Technological innovations, such as precision farming are improving crop yields and water efficiency, particularly in water-scarce areas like Saudi Arabia and the UAE. For example, the UAE's "Food Security Strategy 2051" promotes sustainable farming practices and technology. Also, government support is crucial for the adoption of agriculture equipment solutions. The South African government's "Agriculture and Agro-processing Master Plan," launched in 2020, aims to integrate technology into farming.

Segmentation by Geography

North America
- The U.S.
- Canada
APAC
- China
- India
- Thailand
- Malaysia
- Australia
- Indonesia
Europe
- France
- Germany
- Italy
- Poland
- The U.K.
- Spain
- Finland
- Sweden
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Turkey
- South Africa
- Egypt

VENDORS LANDSCAPE

The global agriculture equipment market is highly competitive, driven by the presence of established industry giants, regional players, and new entrants. Leading companies, such as John Deere, CNH Industrial, AGCO Corporation, Kubota Corporation, and Mahindra & Mahindra, dominate the global agriculture equipment market by focusing on technological innovation, product diversification, and geographic expansion. The market's competitive dynamics are further influenced by partnerships, acquisitions, and a strong emphasis on sustainable farming practices.

John Deere remains a dominant player, generating USD 61.5 billion in revenue in 2023, with nearly 60% coming from its agriculture division. Similarly, CNH Industrial and Kubota Corporation reported revenues of USD 22.5 billion and USD 21.3 billion, respectively, with significant contributions from their agriculture segments. Mahindra & Mahindra, a regional leader, caters to local markets with cost-effective products and maintains its position as the world's largest tractor manufacturer by volume, having sold over 390,000 tractors in 2023.

Technological innovation plays a pivotal role in the competitive landscape of the global agriculture equipment market. Companies are increasingly integrating GPS, IoT, and AI technologies into their machinery to enhance productivity and operational efficiency. John Deere's launch of its autonomous tractor in 2024, which incorporates AI-driven navigation and real-time crop analysis, represents a major leap in precision farming. AGCO Corporation's Precision Planting SmartFarmer, with a 25% adoption rate in North America in 2023, underscores the growing shift toward digital agriculture solutions to address productivity challenges.

Electrification is another key trend reshaping the global agriculture equipment market. Companies like Solectrac, Mahindra, and Yanmar are leading the transition toward electric and hybrid-powered agricultural machinery. Solectrac, for example, reported a 30% growth in 2023, driven by its electric tractors in North America. In India, Mahindra's e-Kaali electric tractor sold over 10,000 units within six months of its launch, supported by government subsidies. Yanmar's SmartAssist Remote electric tractor, launched in Japan, also saw a 15% increase in sales in its first year.

Key Company Profiles

AGCO Corporation
CNH Industrial
John Deere
Kubota Corporation
Mahindra

Other Prominent Vendors

Antonio Carraro
BCS Group
Branson Tractor
Captain Tractors Pvt. Ltd.
CLAAS
Iseki
JCB
KIOTI
Lovol
LS Tractors
McCormick
Same Deutz-Fahr
TYM Corp.
VST Tillers Tractors
Yanmar

KEY QUESTIONS ANSWERED:

1. How big is the global agriculture equipment market?

2. What is the growth rate of the global agriculture equipment market?

3. What are the significant trends in the agriculture equipment industry?

4. Which region dominates the global agriculture equipment market share?

5. Who are the key players in the global agriculture equipment market?

Product Code: ARZ250106

1. SCOPE & COVERAGE

1.1. MARKET DEFINITION
- 1.1.1. INCLUSIONS
- 1.1.2. EXCLUSIONS
- 1.1.3. MARKET ESTIMATION CAVEATS
1.2. SEGMENTS COVERED & DEFINITION
- 1.2.1. MARKET SEGMENTATION BY SEEDLING, PLANTING, & IRRIGATION
- 1.2.2. MARKET SEGMENTATION BY AGRICULTURE TRACTORS
- 1.2.3. MARKET SEGMENTATION BY LAND PREPARATION
- 1.2.4. MARKET SEGMENTATION BY WEEDING & PLANT PROTECTION
- 1.2.5. MARKET SEGMENTATION BY HARVESTING & THRESING
- 1.2.6. REGIONS & COUNTRIES COVERED
1.3. MARKET DERIVATION
- 1.3.1. HISTORIC, BASE, & FORECAST YEARS

2. PREMIUM INSIGHTS

2.1. OPPORTUNITY POCKETS
2.2. MARKET MATURITY INDICATOR
2.3. REGIONAL INSIGHTS
2.4. REPORT OVERVIEW
2.5. MARKET TREND & OPPORTUNITIES
- 2.5.1. GROWTH IN ELECTRIFICATION AND SUSTAINABLE SOLUTIONS
- 2.5.2. SHIFT TOWARD PRECISION AGRICULTURE
2.6. MARKET ENABLERS
- 2.6.1. SHIFTING CONSUMER PREFERENCE TOWARD ORGANIC FOOD PRODUCTS
- 2.6.2. GROWING INVESTMENT FROM FARM EQUIPMENT MANUFACTURERS
2.7. MARKET RESTRAINTS
- 2.7.1. CHALLENGE FROM THE RENTAL AGRICULTURAL EQUIPMENT
- 2.7.2. SUPPLY CHAIN DISRUPTIONS
2.8. SEGMENTAL ANALYSIS
- 2.8.1. BY TYPE
2.9. VENDORS LANDSCAPE

3. MARKET AT A GLANCE

4. INTRODUCTION

4.1. OVERVIEW
4.2. SUPPLY CHAIN ANALYSIS
- 4.2.1. RAW MATERIAL SOURCING
- 4.2.2. MANUFACTURING AND ASSEMBLY
- 4.2.3. DISTRIBUTION CHANNELS
- 4.2.4. END-USER MARKET
- 4.2.5. LOGISTICS AND SUPPLY CHAIN CHALLENGES
- 4.2.6. EMERGING TRENDS IN THE SUPPLY CHAIN
- 4.2.7. REGIONAL DYNAMICS
4.3. RECENT DEVELOPMENTS
- 4.3.1. JOHN DEERE
- 4.3.2. CNH INDUSTRIAL (CASE IH AND NEW HOLLAND)
- 4.3.3. MAHINDRA & MAHINDRA
- 4.3.4. AGCO CORPORATION (FENDT, MASSEY FERGUSON, VALTRA)
- 4.3.5. KUBOTA CORPORATION
- 4.3.6. CLAAS

5. MARKET OPPORTUNITIES & TRENDS

5.1. SHIFT TOWARD PRECISION AGRICULTURE
5.2. GROWTH IN ELECTRIFICATION AND SUSTAINABLE SOLUTIONS
5.3. INTEGRATION OF DIGITAL TECHNOLOGIES SUPPORTING AGRICULTURE INDUSTRY GROWTH

6. MARKET GROWTH ENABLERS

6.1. SHIFTING CONSUMER PREFERENCE TOWARD ORGANIC FOOD PRODUCTS
6.2. GROWING INVESTMENT FROM FARM EQUIPMENT MANUFACTURERS
6.3. EXPANSION OF EMERGING MARKETS

7. MARKET RESTRAINTS

7.1. CHALLENGE FROM THE RENTAL AGRICULTURAL EQUIPMENT
7.2. SUPPLY CHAIN DISRUPTIONS

8. MARKET LANDSCAPE

8.1. MARKET OVERVIEW
8.2. MARKET SIZE & FORECAST
8.3. FIVE FORCES ANALYSIS
- 8.3.1. THREAT OF NEW ENTRANTS
- 8.3.2. BARGAINING POWER OF SUPPLIERS
- 8.3.3. BARGAINING POWER OF BUYERS
- 8.3.4. THREAT OF SUBSTITUTES
- 8.3.5. COMPETITIVE RIVALRY

9. AGRICULTURE EQUIPMENT

9.1. MARKET SNAPSHOT & GROWTH ENGINE
9.2. MARKET OVERVIEW

10. AGRICULTURE TRACTORS

10.1. MARKET SNAPSHOT & GROWTH ENGINE
10.2. MARKET SNAPSHOT & GROWTH ENGINE
10.3. MARKET OVERVIEW
- 10.3.1. MARKET SIZE & FORECAST
- 10.3.2. MARKET BY GEOGRAPHY
- 10.3.3. HORSEPOWER TYPE: MARKET SIZE & FORECAST
- 10.3.4. DRIVE TYPE: MARKET SIZE & FORECAST

11. SEEDLING, PLANTING, & IRRIGATION

11.1. MARKET SNAPSHOT & GROWTH ENGINE
11.2. MARKET OVERVIEW
- 11.2.1. MARKET SIZE & FORECAST
- 11.2.2. MARKET BY GEOGRAPHY
- 11.2.3. IRRIGATION PUMPS: MARKET SIZE & FORECAST
- 11.2.4. PLANTERS: MARKET SIZE & FORECAST
- 11.2.5. SEED DRILLERS: MARKET SIZE & FORECAST

12. LAND PREPARATION

12.1. MARKET SNAPSHOT & GROWTH ENGINE
12.2. MARKET OVERVIEW
- 12.2.1. MARKET SIZE & FORECAST
- 12.2.2. MARKET BY GEOGRAPHY
- 12.2.3. TILLERS: MARKET SIZE & FORECAST
- 12.2.4. PLOUGHS: MARKET SIZE & FORECAST
- 12.2.5. HARROW: MARKET SIZE & FORECAST

13. HARVESTING & THRESHING

13.1. MARKET SNAPSHOT & GROWTH ENGINE
13.2. MARKET OVERVIEW
- 13.2.1. MARKET SIZE & FORECAST
- 13.2.2. MARKET BY GEOGRAPHY
- 13.2.3. COMBINE HARVESTER: MARKET SIZE & FORECAST
- 13.2.4. THRESHER: MARKET SIZE & FORECAST
- 13.2.5. OTHERS: MARKET SIZE & FORECAST

14. WEEDING & PLANT PROTECTION

14.1. MARKET SNAPSHOT & GROWTH ENGINE
14.2. MARKET OVERVIEW
- 14.2.1. MARKET SIZE & FORECAST
- 14.2.2. MARKET BY GEOGRAPHY
- 14.2.3. SPRAYERS: MARKET SIZE & FORECAST
- 14.2.4. WEEDERS: MARKET SIZE & FORECAST

15. GEOGRAPHY

15.1. MARKET SNAPSHOT & GROWTH ENGINE
15.2. GEOGRAPHIC OVERVIEW

16. NORTH AMERICA

16.1. MARKET OVERVIEW
16.2. MARKET SIZE & FORECAST
16.3. TYPE
- 16.3.1. MARKET SIZE & FORECAST
16.4. KEY COUNTRIES
16.5. US: MARKET SIZE & FORECAST
16.6. CANADA: MARKET SIZE & FORECAST

17. APAC

17.1. MARKET OVERVIEW
17.2. MARKET SIZE & FORECAST
17.3. TYPE
- 17.3.1. MARKET SIZE & FORECAST
17.4. KEY COUNTRIES
17.5. CHINA: MARKET SIZE & FORECAST
17.6. INDIA: MARKET SIZE & FORECAST
17.7. THAILAND: MARKET SIZE & FORECAST
17.8. MALAYSIA: MARKET SIZE & FORECAST
17.9. AUSTRALIA: MARKET SIZE & FORECAST
17.10. INDONESIA: MARKET SIZE & FORECAST

18. EUROPE

18.1. MARKET OVERVIEW
18.2. MARKET SIZE & FORECAST
18.3. TYPE
- 18.3.1. MARKET SIZE & FORECAST
18.4. KEY COUNTRIES
18.5. FRANCE: MARKET SIZE & FORECAST
18.6. GERMANY: MARKET SIZE & FORECAST
18.7. ITALY: MARKET SIZE & FORECAST
18.8. POLAND: MARKET SIZE & FORECAST
18.9. UK: MARKET SIZE & FORECAST
18.10. SPAIN: MARKET SIZE & FORECAST
18.11. FINLAND: MARKET SIZE & FORECAST
18.12. SWEDEN: MARKET SIZE & FORECAST

19. LATIN AMERICA

19.1. MARKET OVERVIEW
19.2. MARKET SIZE & FORECAST
19.3. TYPE
- 19.3.1. MARKET SIZE & FORECAST
19.4. KEY COUNTRIES
19.5. BRAZIL: MARKET SIZE & FORECAST
19.6. MEXICO: MARKET SIZE & FORECAST
19.7. ARGENTINA: MARKET SIZE & FORECAST

20. MIDDLE EAST & AFRICA

20.1. MARKET OVERVIEW
20.2. MARKET SIZE & FORECAST
20.3. TYPE
- 20.3.1. MARKET SIZE & FORECAST
20.4. KEY COUNTRIES
20.5. TURKEY: MARKET SIZE & FORECAST
20.6. SOUTH AFRICA: MARKET SIZE & FORECAST
20.7. EGYPT: MARKET SIZE & FORECAST

21. COMPETITIVE LANDSCAPE

21.1. COMPETITION OVERVIEW
21.2. MARKET SHARE ANALYSIS

22. KEY COMPANY PROFILES

22.1. AGCO CORPORATION
- 22.1.1. BUSINESS OVERVIEW
- 22.1.2. PRODUCT OFFERINGS
- 22.1.3. KEY STRATEGIES
- 22.1.4. KEY STRENGTHS
- 22.1.5. KEY OPPORTUNITIES
22.2. CNH INDUSTRIAL
- 22.2.1. BUSINESS OVERVIEW
- 22.2.2. PRODUCT OFFERINGS
- 22.2.3. KEY STRATEGIES
- 22.2.4. KEY STRENGTHS
- 22.2.5. KEY OPPORTUNITIES
22.3. JOHN DEERE
- 22.3.1. BUSINESS OVERVIEW
- 22.3.2. PRODUCT OFFERINGS
- 22.3.3. KEY STRATEGIES
- 22.3.4. KEY STRENGTHS
- 22.3.5. KEY OPPORTUNITIES
22.4. KUBOTA CORPORATION
- 22.4.1. BUSINESS OVERVIEW
- 22.4.2. PRODUCT OFFERINGS
- 22.4.3. KEY STRATEGIES
- 22.4.4. KEY STRENGTHS
- 22.4.5. KEY OPPORTUNITIES
22.5. MAHINDRA
- 22.5.1. BUSINESS OVERVIEW
- 22.5.2. PRODUCT OFFERINGS
- 22.5.3. KEY STRATEGIES
- 22.5.4. KEY STRENGTHS
- 22.5.5. KEY OPPORTUNITIES

23. OTHER PROMINENT VENDORS

23.1. ANTONIO CARRARO
- 23.1.1. BUSINESS OVERVIEW
- 23.1.2. PRODUCT OFFERINGS
23.2. BCS GROUP
- 23.2.1. BUSINESS OVERVIEW
- 23.2.2. PRODUCT OFFERINGS
23.3. BRANSON TRACTOR
- 23.3.1. BUSINESS OVERVIEW
- 23.3.2. PRODUCT OFFERINGS
23.4. CAPTAIN TRACTORS
- 23.4.1. BUSINESS OVERVIEW
- 23.4.2. PRODUCT OFFERINGS
23.5. CLAAS
- 23.5.1. BUSINESS OVERVIEW
- 23.5.2. PRODUCT OFFERINGS
23.6. ISEKI
- 23.6.1. BUSINESS OVERVIEW
- 23.6.2. PRODUCT OFFERINGS
23.7. JCB
- 23.7.1. BUSINESS OVERVIEW
- 23.7.2. PRODUCT OFFERINGS
23.8. KIOTI
- 23.8.1. BUSINESS OVERVIEW
- 23.8.2. PRODUCT OFFERINGS
23.9. LOVOL
- 23.9.1. BUSINESS OVERVIEW
- 23.9.2. PRODUCT OFFERINGS
23.10. LS TRACTORS
- 23.10.1. BUSINESS OVERVIEW
- 23.10.2. PRODUCT OFFERINGS
23.11. MCCORMICK
- 23.11.1. BUSINESS OVERVIEW
- 23.11.2. PRODUCT OFFERINGS
23.12. SAME DEUTZ-FAHR
- 23.12.1. BUSINESS OVERVIEW
- 23.12.2. PRODUCT OFFERINGS
23.13. TYM CORP.
- 23.13.1. BUSINESS OVERVIEW
- 23.13.2. PRODUCT OFFERINGS
23.14. VST TILLERS TRACTORS
- 23.14.1. BUSINESS OVERVIEW
- 23.14.2. PRODUCT OFFERINGS
23.15. YANMAR
- 23.15.1. BUSINESS OVERVIEW
- 23.15.2. PRODUCT OFFERINGS

24. REPORT SUMMARY

24.1. KEY TAKEAWAYS
24.2. STRATEGIC RECOMMENDATIONS

25. QUANTITATIVE SUMMARY

25.1. MARKET BY GEOGRAPHY
25.2. MARKET BY TYPE

26. APPENDIX

26.1. RESEARCH METHODOLOGY
26.2. RESEARCH PROCESS
26.3. REPORT ASSUMPTIONS & CAVEATS
- 26.3.1. KEY CAVEATS
- 26.3.2. CURRENCY CONVERSION
26.4. ABBREVIATIONS