Agricultural Machinery Market in India 2025-2029

Description

List of Tables

The agricultural machinery market in India is forecasted to grow by USD 8683.4 million during 2024-2029, accelerating at a CAGR of 8.4% during the forecast period. The report on the agricultural machinery market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing government initiatives to support sustainable agricultural practices, increasing availability of financing options for agriculture, and increasing adoption of contract farming.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2025
End Year	2029
Series Year	2025-2029
Growth Momentum	Accelerate
YOY 2025	7.8%
CAGR	8.4%
Incremental Value	$8683.4 mn

Technavio's agricultural machinery market in India is segmented as below:

By Product

Tractor
Harvesting machinery
Plowing and cultivating machinery
Planting and sowing machinery
Others

By Application

Land development
Harvesting
Sowing and planting
Others

By Geographical Landscape

APAC

This study identifies the rising deployment of equipment and technologies for precision farming as one of the prime reasons driving the agricultural machinery market in India growth during the next few years. Also, increasing demand for small tractors and growing distribution network of agricultural machinery through E-commerce platforms will lead to sizable demand in the market.

The report on the agricultural machinery market in India covers the following areas:

Agricultural Machinery Market in India sizing
Agricultural Machinery Market in India forecast
Agricultural Machinery Market in India industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agricultural machinery market in India vendors that include AGCO Corp., Argo Tractors SpA, Beri Udyog Pvt Ltd, Bucher Industries AG, CLAAS KGaA mBH, CNH Industrial NV, Daedong Corp., Deccan Farm Equipments Pvt. Ltd., Deere and Co., Escorts Ltd., International Tractors Ltd., ISEKI and Co. Ltd., JCBLGroup, LEMKEN GmbH and Co. KG, Mahindra and Mahindra Ltd., POTTINGER Landtechnik GmbH, SDF SpA, Tractors and Farm Equipment Ltd., and Weichei Lovol Heavy Industry Co. Ltd.. Also, the agricultural machinery market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR41584

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Country Market Characteristics
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
- Overview on factors of disruption
2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
3.2 Market characteristics
- Market characteristics analysis
3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

4.1 Market definition
- Offerings of companies included in the market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India: Year-over-year growth 2024-2029 (%)
- Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Agricultural Machinery Market in India 2019 - 2023
- Historic Market Size - Data Table on Agricultural Machinery Market in India 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
- Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI in agricultural machinery market in India

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Product

8.1 Market segments
- Chart on Product - Market share 2024-2029 (%)
- Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
8.3 Tractor - Market size and forecast 2024-2029
- Chart on Tractor - Market size and forecast 2024-2029 ($ million)
- Data Table on Tractor - Market size and forecast 2024-2029 ($ million)
- Chart on Tractor - Year-over-year growth 2024-2029 (%)
- Data Table on Tractor - Year-over-year growth 2024-2029 (%)
8.4 Harvesting machinery - Market size and forecast 2024-2029
- Chart on Harvesting machinery - Market size and forecast 2024-2029 ($ million)
- Data Table on Harvesting machinery - Market size and forecast 2024-2029 ($ million)
- Chart on Harvesting machinery - Year-over-year growth 2024-2029 (%)
- Data Table on Harvesting machinery - Year-over-year growth 2024-2029 (%)
8.5 Plowing and cultivating machinery - Market size and forecast 2024-2029
- Chart on Plowing and cultivating machinery - Market size and forecast 2024-2029 ($ million)
- Data Table on Plowing and cultivating machinery - Market size and forecast 2024-2029 ($ million)
- Chart on Plowing and cultivating machinery - Year-over-year growth 2024-2029 (%)
- Data Table on Plowing and cultivating machinery - Year-over-year growth 2024-2029 (%)
8.6 Planting and sowing machinery - Market size and forecast 2024-2029
- Chart on Planting and sowing machinery - Market size and forecast 2024-2029 ($ million)
- Data Table on Planting and sowing machinery - Market size and forecast 2024-2029 ($ million)
- Chart on Planting and sowing machinery - Year-over-year growth 2024-2029 (%)
- Data Table on Planting and sowing machinery - Year-over-year growth 2024-2029 (%)
8.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
8.8 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)

9 Market Segmentation by Application

9.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
9.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
9.3 Land development - Market size and forecast 2024-2029
- Chart on Land development - Market size and forecast 2024-2029 ($ million)
- Data Table on Land development - Market size and forecast 2024-2029 ($ million)
- Chart on Land development - Year-over-year growth 2024-2029 (%)
- Data Table on Land development - Year-over-year growth 2024-2029 (%)
9.4 Harvesting - Market size and forecast 2024-2029
- Chart on Harvesting - Market size and forecast 2024-2029 ($ million)
- Data Table on Harvesting - Market size and forecast 2024-2029 ($ million)
- Chart on Harvesting - Year-over-year growth 2024-2029 (%)
- Data Table on Harvesting - Year-over-year growth 2024-2029 (%)
9.5 Sowing and planting - Market size and forecast 2024-2029
- Chart on Sowing and planting - Market size and forecast 2024-2029 ($ million)
- Data Table on Sowing and planting - Market size and forecast 2024-2029 ($ million)
- Chart on Sowing and planting - Year-over-year growth 2024-2029 (%)
- Data Table on Sowing and planting - Year-over-year growth 2024-2029 (%)
9.6 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

10 Customer Landscape

10.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

11 Drivers, Challenges, and Opportunity/Restraints

11.1 Market drivers
11.2 Market challenges
11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
11.4 Market opportunities/restraints

12 Competitive Landscape

12.1 Overview
12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
12.3 Landscape disruption
- Overview on factors of disruption
12.4 Industry risks
- Impact of key risks on business

13 Competitive Analysis

13.1 Companies profiled
- Companies covered
13.2 Company ranking index
- Company ranking index
13.3 Market positioning of companies
- Matrix on companies position and classification
13.4 AGCO Corp.
- AGCO Corp. - Overview
- AGCO Corp. - Business segments
- AGCO Corp. - Key news
- AGCO Corp. - Key offerings
- AGCO Corp. - Segment focus
- SWOT
13.5 Argo Tractors SpA
- Argo Tractors SpA - Overview
- Argo Tractors SpA - Product / Service
- Argo Tractors SpA - Key offerings
- SWOT
13.6 Beri Udyog Pvt Ltd
- Beri Udyog Pvt Ltd - Overview
- Beri Udyog Pvt Ltd - Product / Service
- Beri Udyog Pvt Ltd - Key offerings
- SWOT
13.7 Bucher Industries AG
- Bucher Industries AG - Overview
- Bucher Industries AG - Business segments
- Bucher Industries AG - Key offerings
- Bucher Industries AG - Segment focus
- SWOT
13.8 CLAAS KGaA mBH
- CLAAS KGaA mBH - Overview
- CLAAS KGaA mBH - Product / Service
- CLAAS KGaA mBH - Key news
- CLAAS KGaA mBH - Key offerings
- SWOT
13.9 CNH Industrial NV
- CNH Industrial NV - Overview
- CNH Industrial NV - Business segments
- CNH Industrial NV - Key offerings
- CNH Industrial NV - Segment focus
- SWOT
13.10 Daedong Corp.
- Daedong Corp. - Overview
- Daedong Corp. - Product / Service
- Daedong Corp. - Key news
- Daedong Corp. - Key offerings
- SWOT
13.11 Deccan Farm Equipments Pvt. Ltd.
- Deccan Farm Equipments Pvt. Ltd. - Overview
- Deccan Farm Equipments Pvt. Ltd. - Product / Service
- Deccan Farm Equipments Pvt. Ltd. - Key offerings
- SWOT
13.12 Deere and Co.
- Deere and Co. - Overview
- Deere and Co. - Business segments
- Deere and Co. - Key news
- Deere and Co. - Key offerings
- Deere and Co. - Segment focus
- SWOT
13.13 Escorts Ltd.
- Escorts Ltd. - Overview
- Escorts Ltd. - Business segments
- Escorts Ltd. - Key offerings
- Escorts Ltd. - Segment focus
- SWOT
13.14 International Tractors Ltd.
- International Tractors Ltd. - Overview
- International Tractors Ltd. - Product / Service
- International Tractors Ltd. - Key offerings
- SWOT
13.15 ISEKI and Co. Ltd.
- ISEKI and Co. Ltd. - Overview
- ISEKI and Co. Ltd. - Product / Service
- ISEKI and Co. Ltd. - Key offerings
- SWOT
13.16 JCBLGroup
- JCBLGroup - Overview
- JCBLGroup - Product / Service
- JCBLGroup - Key offerings
- SWOT
13.17 Mahindra and Mahindra Ltd.
- Mahindra and Mahindra Ltd. - Overview
- Mahindra and Mahindra Ltd. - Business segments
- Mahindra and Mahindra Ltd. - Key news
- Mahindra and Mahindra Ltd. - Key offerings
- Mahindra and Mahindra Ltd. - Segment focus
- SWOT
13.18 Tractors and Farm Equipment Ltd.
- Tractors and Farm Equipment Ltd. - Overview
- Tractors and Farm Equipment Ltd. - Product / Service
- Tractors and Farm Equipment Ltd. - Key offerings
- SWOT

14 Appendix

14.1 Scope of the report
14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
14.3 Currency conversion rates for US$
- Currency conversion rates for US$
14.4 Research methodology
- Research methodology
14.5 Data procurement
- Information sources
14.6 Data validation
- Data validation
14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
14.8 Data synthesis
- Data synthesis
14.9 360 degree market analysis
- 360 degree market analysis
14.10 List of abbreviations
- List of abbreviations