PUBLISHER: Freedonia Group | PRODUCT CODE: 1568955
PUBLISHER: Freedonia Group | PRODUCT CODE: 1568955
Global Agricultural Equipment
Global agricultural equipment demand is expected to reach nearly $216 billion by 2028. This growth will be driven by a number of factors, including: increased farming activities, rising farm incomes, and higher mechanization rates in developing regions, along with continuous government support for farmers worldwide. Sales in mature markets like North America, Europe, and the Asia/Pacific region will be sustained by replacement of aging equipment and high sales of parts and attachments. Replacement demand will also be supported by the rising adoption of advanced farm machinery in these areas due to growing international competition, workforce challenges, increasing costs, and new regulations.
Volume growth through 2028 will be supported by smaller price increases, making equipment more affordable as economic conditions improve. Aging machinery will be replaced by more efficient models that comply with new regulations. Government subsidies and programs promoting intensive farming techniques and advanced agricultural technologies will further drive growth. Workforce challenges will also encourage greater adoption of agricultural equipment, along with the introduction of new specialty models designed for specific tasks, efficiency gains, or particular environments, such as electric machines or tractors for hilly terrain in China.
The report details the supply and demand for agricultural equipment, presenting data in US dollars and unit terms. It covers various products, including farm tractors, harvesting machinery, planting and fertilizing machinery, haying machinery, livestock machinery, plowing and cultivating machinery, other agricultural equipment, and replacement parts and attachments.
Analyzing the market's scope, size, and growth, the report highlights key trends in product segmentation. It provides historical data for 2013, 2018, and 2023, with forecasts for 2028 and 2023. The study addresses recent market volatility, offering annual historical and forecast data for 2020-2027. Additionally, it includes an analysis of major industry players and their market shares.
Table of Contents
1. Executive Summary
2. Short-Term Analysis
- Global Economic Forecast
- Short-Term Agricultural Equipment Industry Trends
3. Overview
- Study Scope
- Historical Market Trends
- Agricultural Equipment Demand Overview
- Demand by Region
- Demand by Equipment Type
- Real Growth Trends
- Production by Region
- International Trade
- Trade Balance
- Major Net Importers
- Major Net Exporters
- Equipment Pricing Patterns
4. Factors Impacting Agricultural Equipment Demand
- Global Agricultural Outlook
- Agricultural Commodity Pricing
- Labor Force Productivity in Agriculture
- Government Subsidies & Regulations
- Crop Subsidies
- Emissions Regulations
- Safety Regulations
- Technical Standards
- Technology Trends
- Current Agricultural Equipment Technology
- Technological Outlook: Automation & Other Advanced Technologies
- Functional Competition (Used & Rebuilt Equipment)
5. Farm Tractors
- Scope & Product Description
- Demand by Region
- Demand by Type
- Demand Forecast
- Wheeled Tractors
- Crawler Tractors
- Pedestrian-Controlled Tractors
- Suppliers
6. Harvesting Machinery
- Scope & Product Description
- Demand by Region
- Suppliers
7. Planting & Fertilizing Machinery
- Scope & Product Description
- Demand by Region
- Suppliers
8. Haying Machinery
- Scope & Product Description
- Demand by Region
- Suppliers
9. Livestock Machinery
- Scope & Product Description
- Demand by Region
- Suppliers
10. Plowing & Cultivating Machinery
- Scope & Product Description
- Demand by Region
- Suppliers
11. Other Agricultural Equipment
- Scope & Product Description
- Demand by Region
- Suppliers
12. Parts & Attachments
- Scope & Product Description
- Demand by Region
- Suppliers
13. North America
- North America: Agricultural Equipment Market Size & Historical Trends
- North America: Supply & Demand
- North America: Demand by Product
- North America: Leading Manufacturers & Market Share
- United States
- United States: Agricultural Equipment Market Size & Historical Trends
- United States: Supply & Demand
- United States: Demand by Product
- United States: Leading Manufacturers
- Canada
- Canada: Agricultural Equipment Market Size & Historical Trends
- Canada: Supply & Demand
- Canada: Demand by Product
- Canada: Leading Manufacturers
- Mexico
- Mexico: Agricultural Equipment Market Size & Historical Trends
- Mexico: Supply & Demand
- Mexico: Demand by Product
- Mexico: Leading Manufacturers
14. Central & South America
- Central & South America: Agricultural Equipment Market Size & Historical Trends
- Central & South America: Supply & Demand
- Central & South America: Demand by Product
- Central & South America: Leading Manufacturers & Market Share
- Brazil
- Brazil: Agricultural Equipment Market Size & Historical Trends
- Brazil: Supply & Demand
- Brazil: Demand by Product
- Brazil: Leading Manufacturers
- Argentina
- Argentina: Agricultural Equipment Market Size & Historical Trends
- Argentina: Supply & Demand
- Argentina: Demand by Product
- Argentina: Leading Manufacturers
- Other Central & South America
- Other Central & South America: Agricultural Equipment Market Size & Historical
- Trends
- Other Central & South America: Supply & Demand
- Other Central & South America: Demand by Product
- Other Central & South America: Leading Manufacturers
15. Western Europe
- Western Europe: Agricultural Equipment Market Size & Historical Trends
- Western Europe: Supply & Demand
- Western Europe: Demand by Product
- Western Europe: Leading Manufacturers & Market Share
- France
- France: Agricultural Equipment Market Size & Historical Trends
- France: Supply & Demand
- France: Demand by Product
- France: Leading Manufacturers
- Germany
- Germany: Agricultural Equipment Market Size & Historical Trends
- Germany: Supply & Demand
- Germany: Demand by Product
- Germany: Leading Manufacturers
- Italy
- Italy: Agricultural Equipment Market Size & Historical Trends
- Italy: Supply & Demand
- Italy: Demand by Product
- Italy: Leading Manufacturers
- United Kingdom
- United Kingdom: Agricultural Equipment Market Size & Historical Trends
- United Kingdom: Supply & Demand
- United Kingdom: Demand by Product
- United Kingdom: Leading Manufacturers
- Spain
- Spain: Agricultural Equipment Market Size & Historical Trends
- Spain: Supply & Demand
- Spain: Demand by Product
- Spain: Leading Manufacturers
- Netherlands
- Netherlands: Agricultural Equipment Market Size & Historical Trends
- Netherlands: Supply & Demand
- Netherlands: Demand by Product
- Netherlands: Leading Manufacturers
- Other Western Europe
- Other Western Europe: Agricultural Equipment Market Size & Historical Trends
- Other Western Europe: Supply & Demand
- Other Western Europe: Demand by Product
- Other Western Europe: Leading Manufacturers
16. Eastern Europe
- Eastern Europe: Agricultural Equipment Market Size & Historical Trends
- Eastern Europe: Supply & Demand
- Eastern Europe: Demand by Product
- Eastern Europe: Leading Manufacturers & Market Share
- Russia
- Russia: Agricultural Equipment Market Size & Historical Trends
- Russia: Supply & Demand
- Russia: Demand by Product
- Russia: Leading Manufacturers
- Poland
- Poland: Agricultural Equipment Market Size & Historical Trends
- Poland: Supply & Demand
- Poland: Demand by Product
- Poland: Leading Manufacturers
- Other Eastern Europe
- Other Eastern Europe: Agricultural Equipment Market Size & Historical Trends
- Other Eastern Europe: Supply & Demand
- Other Eastern Europe: Demand by Product
- Other Eastern Europe: Leading Manufacturers
17. Asia/Pacific
- Asia/Pacific: Agricultural Equipment Market Size & Historical Trends
- Asia/Pacific: Supply & Demand
- Asia/Pacific: Demand by Product
- Asia/Pacific: Leading Manufacturers & Market Share
- China
- China: Agricultural Equipment Market Size & Historical Trends
- China: Supply & Demand
- China: Demand by Product
- China: Leading Manufacturers
- India
- India: Agricultural Equipment Market Size & Historical Trends
- India: Supply & Demand
- India: Demand by Product
- India: Leading Manufacturers
- Japan
- Japan: Agricultural Equipment Market Size & Historical Trends
- Japan: Supply & Demand
- Japan: Demand by Product
- Japan: Leading Manufacturers
- Australia
- Australia: Agricultural Equipment Market Size & Historical Trends
- Australia: Supply & Demand
- Australia: Demand by Product
- Australia: Leading Manufacturers
- Thailand
- Thailand: Agricultural Equipment Market Size & Historical Trends
- Thailand: Supply & Demand
- Thailand: Demand by Product
- Thailand: Leading Manufacturers
- South Korea
- South Korea: Agricultural Equipment Market Size & Historical Trends
- South Korea: Supply & Demand
- South Korea: Demand by Product
- South Korea: Leading Manufacturers
- Other Asia/Pacific
- Other Asia/Pacific: Agricultural Equipment Market Size & Historical Trends
- Other Asia/Pacific: Supply & Demand
- Other Asia/Pacific: Demand by Product
- Other Asia/Pacific: Leading Manufacturers
18. Africa/Mideast
- Africa/Mideast: Agricultural Equipment Market Size & Historical Trends
- Africa/Mideast: Supply & Demand
- Africa/Mideast: Demand by Product
- Africa/Mideast: Leading Manufacturers & Market Share
- Turkey
- Turkey: Agricultural Equipment Market Size & Historical Trends
- Turkey: Supply & Demand
- Turkey: Demand by Product
- Turkey: Leading Manufacturers
- Other Africa/Mideast
- Other Africa/Mideast: Agricultural Equipment Market Size & Historical Trends
- Other Africa/Mideast: Supply & Demand
- Other Africa/Mideast: Demand by Product
- Other Africa/Mideast: Leading Manufacturers
19. Industry Structure
- Key Findings & Industry Composition
- Market Share
- Mergers & Acquisitions
- List of Industry Participants
20. Appendix
- Report Details
- Definitions
- Abbreviations
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Country Lists by Region
- Macroeconomic Assumptions
- Economic Environment
- Demographic Trends
