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PUBLISHER: IMARC | PRODUCT CODE: 1702246
PUBLISHER: IMARC | PRODUCT CODE: 1702246
Agriculture Equipment Market Size, Share, Trends and Forecast by Equipment Type, Application, Sales Channel, and Region, 2025-2033
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PAGES: 138 Pages
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The global agriculture equipment market size was valued at USD 181.5 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 259.7 Billion by 2033, exhibiting a CAGR of 4.02% from 2025-2033. Asia Pacific currently dominates the market, holding a market share of over 36.8% in 2024. The market in the region is driven by rising mechanization, growing food demand due to population growth, government subsidies, and increasing adoption of advanced machinery.
Agriculture equipment is used for performing various tasks in farming, such as harvesting crops, spraying fields, seeding, tilling fields, breeding cows, and feeding livestock. It comprises mowers, backhoe, harrow, cultivator, rake, tractor, combine harvester, sprayers, chain saw, brush cutters, and sawmills. It enhances the efficiency and productivity of farming by minimizing human labor and reducing errors, physical shortcomings and wastage in agriculture. It assists in cultivating land by smoothing hillocks, filling in depressions and gullies, and removing deep-rooted weeds while preventing soil erosion. In addition, it reduces fodder area and enlarges crop area to produce food for human consumption.
Agriculture Equipment Market Trends:
At present, the growing awareness among farmers about the benefits of using agriculture equipment represents one of the key factors driving the market. Besides this, governments of several countries are promoting the usage of agriculture equipment by providing loan waiver schemes to farmers. They are also providing funds to farmers for adopting sustainable agriculture practices and enhancing productivity using machinery, which is contributing to the growth of the market. Moreover, the integration of technologically advanced agricultural robotics in farming, such as autonomous tractors and flying drones, to help farmers produce food at low costs is propelling the growth of the market. In addition, the growing demand for electric tractors to reduce air pollution and greenhouse gas emissions is offering a positive market outlook. Apart from this, key market players are extensively investing in research and development (R&D) activities to introduce self-propelled machines in farming. They are also focusing on various marketing strategies to expand their customer base. Additionally, the rising demand for enhanced machines with high-power to farm hard-to-access areas and handle a wide range of implements is bolstering the growth of the market.
Key Market Segmentation:
Breakup by Equipment Type:
- Agriculture Tractor
- Harvesting Equipment
- Irrigation and Crop Processing Equipment
- Agriculture Spraying and Handling Equipment
- Soil Preparation and Cultivation Equipment
- Others
Breakup by Application:
- Land Development
- Threshing and Harvesting
- Plant Protection
- After Agro Processing
Breakup by Sales Channel:
- Original Equipment Manufacturers (OEM)
- Aftermarket
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AGCO Corporation, Agromaster Agricultural Machinery, Argo Tractors S.p.A., Bellota Agrisolutions, China National Machinery Industry Corporation, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, Escorts Limited, Iseki & Co. Ltd., JC Bamford Excavators Ltd., Kubota Corporation, Mahindra & Mahindra Limited and SDF Group.
Key Questions Answered in This Report
- 1.What is agriculture equipment?
- 2.How big is the agriculture equipment market?
- 3.What is the expected growth rate of the global agriculture equipment market during 2025-2033?
- 4.What are the key factors driving the global agriculture equipment market?
- 5.What is the leading segment of the global agriculture equipment market based on equipment type?
- 6.What is the leading segment of the global agriculture equipment market based on application?
- 7.What is the leading segment of the global agriculture equipment market based on sales channel?
- 8.What are the key regions in the global agriculture equipment market?
- 9.Who are the key players/companies in the global agriculture equipment market?
Product Code: SR112025A6344
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Agriculture Equipment Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Equipment Type
- 6.1 Agriculture Tractor
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Harvesting Equipment
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Irrigation and Crop Processing Equipment
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Agriculture Spraying and Handling Equipment
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Soil Preparation and Cultivation Equipment
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Application
- 7.1 Land Development
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Threshing and Harvesting
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Plant Protection
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 After Agro Processing
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Sales Channel
- 8.1 Original Equipment Manufacturers (OEM)
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Aftermarket
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AGCO Corporation
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.1.3 Financials
- 14.3.1.4 SWOT Analysis
- 14.3.2 Agromaster Agricultural Machinery
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Argo Tractors S.p.A.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Bellota Agrisolutions
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 China National Machinery Industry Corporation
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 CLAAS KGaA mbH
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.7 CNH Industrial N.V.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Deere & Company
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Escorts Limited
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Iseki & Co. Ltd.
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.11 JC Bamford Excavators Ltd.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Kubota Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 Mahindra & Mahindra Limited
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.14 SDF Group
- 14.3.14.1 Company Overview
- 14.3.14.2 Product Portfolio
- 14.3.1 AGCO Corporation
Product Code: SR112025A6344
List of Figures
- Figure 1: Global: Agriculture Equipment Market: Major Drivers and Challenges
- Figure 2: Global: Agriculture Equipment Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Agriculture Equipment Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Agriculture Equipment Market: Breakup by Equipment Type (in %), 2024
- Figure 5: Global: Agriculture Equipment Market: Breakup by Application (in %), 2024
- Figure 6: Global: Agriculture Equipment Market: Breakup by Sales Channel (in %), 2024
- Figure 7: Global: Agriculture Equipment Market: Breakup by Region (in %), 2024
- Figure 8: Global: Agriculture Equipment (Agriculture Tractor) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 9: Global: Agriculture Equipment (Agriculture Tractor) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 10: Global: Agriculture Equipment (Harvesting Equipment) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 11: Global: Agriculture Equipment (Harvesting Equipment) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 12: Global: Agriculture Equipment (Irrigation and Crop Processing Equipment) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 13: Global: Agriculture Equipment (Irrigation and Crop Processing Equipment) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 14: Global: Agriculture Equipment (Agriculture Spraying and Handling Equipment) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 15: Global: Agriculture Equipment (Agriculture Spraying and Handling Equipment) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 16: Global: Agriculture Equipment (Soil Preparation and Cultivation Equipment) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 17: Global: Agriculture Equipment (Soil Preparation and Cultivation Equipment) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 18: Global: Agriculture Equipment (Other Equipment Types) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 19: Global: Agriculture Equipment (Other Equipment Types) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 20: Global: Agriculture Equipment (Land Development) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 21: Global: Agriculture Equipment (Land Development) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 22: Global: Agriculture Equipment (Threshing and Harvesting) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 23: Global: Agriculture Equipment (Threshing and Harvesting) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 24: Global: Agriculture Equipment (Plant Protection) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 25: Global: Agriculture Equipment (Plant Protection) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 26: Global: Agriculture Equipment (After Agro Processing) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 27: Global: Agriculture Equipment (After Agro Processing) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 28: Global: Agriculture Equipment (Original Equipment Manufacturers (OEM)) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 29: Global: Agriculture Equipment (Original Equipment Manufacturers (OEM)) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 30: Global: Agriculture Equipment (Aftermarket) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 31: Global: Agriculture Equipment (Aftermarket) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 32: North America: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 33: North America: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 34: United States: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 35: United States: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 36: Canada: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 37: Canada: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 38: Asia-Pacific: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 39: Asia-Pacific: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 40: China: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 41: China: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 42: Japan: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 43: Japan: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 44: India: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 45: India: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 46: South Korea: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 47: South Korea: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 48: Australia: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 49: Australia: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 50: Indonesia: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 51: Indonesia: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 52: Others: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 53: Others: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 54: Europe: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 55: Europe: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 56: Germany: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 57: Germany: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 58: France: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 59: France: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 60: United Kingdom: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 61: United Kingdom: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 62: Italy: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 63: Italy: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 64: Spain: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 65: Spain: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Russia: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 67: Russia: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 68: Others: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 69: Others: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 70: Latin America: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 71: Latin America: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 72: Brazil: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 73: Brazil: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 74: Mexico: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 75: Mexico: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 76: Others: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 77: Others: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 78: Middle East and Africa: Agriculture Equipment Market: Sales Value (in Million USD), 2019 & 2024
- Figure 79: Middle East and Africa: Agriculture Equipment Market: Breakup by Country (in %), 2024
- Figure 80: Middle East and Africa: Agriculture Equipment Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 81: Global: Agriculture Equipment Industry: SWOT Analysis
- Figure 82: Global: Agriculture Equipment Industry: Value Chain Analysis
- Figure 83: Global: Agriculture Equipment Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Agriculture Equipment Market: Key Industry Highlights, 2024 and 2033
- Table 2: Global: Agriculture Equipment Market Forecast: Breakup by Equipment Type (in Million USD), 2025-2033
- Table 3: Global: Agriculture Equipment Market Forecast: Breakup by Application (in Million USD), 2025-2033
- Table 4: Global: Agriculture Equipment Market Forecast: Breakup by Sales Channel (in Million USD), 2025-2033
- Table 5: Global: Agriculture Equipment Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 6: Global: Agriculture Equipment Market: Competitive Structure
- Table 7: Global: Agriculture Equipment Market: Key Players
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