Agriculture and Farm Equipment Market Size, Share, Trends, Industry Analysis Report: By Product, Application, Automation, End User, and Region

Description

List of Tables

The agriculture and farm equipment market size is expected to reach USD 290.72 billion by 2034, according to a new study by Polaris Market Research. The report "Agriculture and Farm Equipment Market Size, Share, Trends, Industry Analysis Report: By Product (Tractors, Combine Harvesters, Forage Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, and Spraying Equipment), Application, Automation, End User, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.

The agriculture and farm equipment market growth is driven by increasing demand for higher agricultural productivity and efficiency. Key drivers include technological advancements in automation, precision farming, and IoT integration, which help optimize farming practices and reduce resource waste. The rise in mechanization, particularly in emerging markets such as Asia Pacific and Latin America, presents substantial agriculture and farm equipment market opportunities. Additionally, the focus on sustainability is pushing manufacturers to develop eco-friendly equipment, including electric and low-emission machinery.

Trends such as the adoption of autonomous vehicles and smart farming solutions are transforming the industry, while ongoing investments in research and development are expected to fuel further innovation. Overall, the market is poised for continued growth as farmers increasingly adopt modern equipment to meet global food production demands.

Agriculture And Farm Equipment Market Report Highlights:

Based on product, the tractors segment dominates the agriculture and farm equipment market share due to their wide application in various farming tasks. However, the highest demand is seen for planting and irrigation equipment, driven by the increasing adoption of precision farming and the need for efficient water management.

The land development and seed bed preparation segment, by application, holds the largest market share.

North America holds the largest share of the agriculture and farm equipment market revenue due to its advanced agricultural infrastructure and high adoption of modern farming technologies. However, Asia Pacific is the highest growing region, driven by increasing mechanization in countries such as China and India to meet rising food production demands.

Polaris Market Research has segmented the agriculture and farm equipment market report on the basis of product, application, automation, end user, and region:

By Product Outlook (Revenue - USD Billion, 2020-2034)

Tractors
Combine Harvesters
Forage Harvesters
Planting Equipment
Irrigation & Crop Processing Equipment
Spraying Equipment

By Application Outlook (Revenue - USD Billion, 2020-2034)

Land Development & Seed Bed Preparation
Sowing & Planting
Weed Cultivation
Plant Protection
Others

By Automation Outlook (Revenue - USD Billion, 2020-2034)

Automatic
Semi-automatic
Manual

By End User Outlook (Revenue - USD Billion, 2020-2034)

Original Equipment Manufacturers (OEMs)
Aftersales

By Regional Outlook (Revenue - USD Billion, 2020-2034)

North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America

Product Code: PM1080

1. Introduction

1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
1.2. Stakeholders

2. Executive Summary

2.1. Market Highlights

3. Research Methodology

3.1. Overview
- 3.1.1. Data Mining
3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources

4. Global Agriculture And Farm Equipment Market Insights

4.1. Agriculture And Farm Equipment Market - Market Snapshot
4.2. Agriculture And Farm Equipment Market Dynamics
- 4.2.1. Drivers and Opportunities
  - 4.2.1.1. Adoption of Precision Farming Technologies
  - 4.2.1.2. Shift Toward Sustainable and Eco-Friendly Equipment
  - 4.2.1.3. Integration of Autonomous and Electric Equipment
- 4.2.2. Restraints and Challenges
  - 4.2.2.1. High Initial Investment and Maintenance Costs
4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Agriculture And Farm Equipment Market Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis

5. Global Agriculture And Farm Equipment Market, by Product

5.1. Key Findings
5.2. Introduction
- 5.2.1. Global Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
5.3. Tractors
- 5.3.1. Global Agriculture And Farm Equipment Market, by Tractors, by Region, 2020-2034 (USD Billion)
5.4. Combine Harvesters
- 5.4.1. Global Agriculture And Farm Equipment Market, by Combine Harvesters, by Region, 2020-2034 (USD Billion)
5.5. Forage Harvesters
- 5.5.1. Global Agriculture And Farm Equipment Market, by Forage Harvesters, by Region, 2020-2034 (USD Billion)
5.6. Planting Equipment
- 5.6.1. Global Agriculture And Farm Equipment Market, by Planting Equipment, by Region, 2020-2034 (USD Billion)
5.7. Irrigation & Crop Processing Equipment
- 5.7.1. Global Agriculture And Farm Equipment Market, by Irrigation & Crop Processing Equipment, by Region, 2020-2034 (USD Billion)
5.8. Spraying Equipment
- 5.8.1. Global Agriculture And Farm Equipment Market, by Spraying Equipment, by Region, 2020-2034 (USD Billion)

6. Global Agriculture And Farm Equipment Market, by Application

6.1. Key Findings
6.2. Introduction
- 6.2.1. Global Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
6.3. Land Development & Seed Bed Preparation
- 6.3.1. Global Agriculture And Farm Equipment Market, by Land Development & Seed Bed Preparation, by Region, 2020-2034 (USD Billion)
6.4. Sowing & Planting
- 6.4.1. Global Agriculture And Farm Equipment Market, by Sowing & Planting, by Region, 2020-2034 (USD Billion)
6.5. Weed Cultivation
- 6.5.1. Global Agriculture And Farm Equipment Market, by Weed Cultivation, by Region, 2020-2034 (USD Billion)
6.6. Plant Protection
- 6.6.1. Global Agriculture And Farm Equipment Market, by Plant Protection, by Region, 2020-2034 (USD Billion)
6.7. Others
- 6.7.1. Global Agriculture And Farm Equipment Market, by Others, by Region, 2020-2034 (USD Billion)

7. Global Agriculture And Farm Equipment Market, by Geography

7.1. Key Findings
7.2. Introduction
- 7.2.1. Agriculture And Farm Equipment Market Assessment, By Geography, 2020-2034 (USD Billion)
7.3. Agriculture And Farm Equipment Market - North America
- 7.3.1. North America: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.3.2. North America: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.3.3. Agriculture And Farm Equipment Market - U.S.
  - 7.3.3.1. U.S.: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.3.3.2. U.S.: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.3.4. Agriculture And Farm Equipment Market - Canada
  - 7.3.4.1. Canada: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.3.4.2. Canada: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
7.4. Agriculture And Farm Equipment Market - Europe
- 7.4.1. Europe: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.4.2. Europe: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.3. Agriculture And Farm Equipment Market - UK
  - 7.4.3.1. UK: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.3.2. UK: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.4. Agriculture And Farm Equipment Market - France
  - 7.4.4.1. France: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.4.2. France: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.5. Agriculture And Farm Equipment Market - Germany
  - 7.4.5.1. Germany: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.5.2. Germany: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.6. Agriculture And Farm Equipment Market - Italy
  - 7.4.6.1. Italy: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.6.2. Italy: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.7. Agriculture And Farm Equipment Market - Spain
  - 7.4.7.1. Spain: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.7.2. Spain: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.8. Agriculture And Farm Equipment Market - Netherlands
  - 7.4.8.1. Netherlands: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.8.2. Netherlands: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.9. Agriculture And Farm Equipment Market - Russia
  - 7.4.9.1. Russia: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.9.2. Russia: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.4.10. Agriculture And Farm Equipment Market - Rest of Europe
  - 7.4.10.1. Rest of Europe: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.4.10.2. Rest of Europe: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
7.5. Agriculture And Farm Equipment Market - Asia Pacific
- 7.5.1. Asia Pacific: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.5.2. Asia Pacific: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.3. Agriculture And Farm Equipment Market - China
  - 7.5.3.1. China: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.3.2. China: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.4. Agriculture And Farm Equipment Market - India
  - 7.5.4.1. India: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.4.2. India: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.5. Agriculture And Farm Equipment Market - Malaysia
  - 7.5.5.1. Malaysia: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.5.2. Malaysia: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.6. Agriculture And Farm Equipment Market - Japan
  - 7.5.6.1. Japan: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.6.2. Japan: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.7. Agriculture And Farm Equipment Market - Indonesia
  - 7.5.7.1. Indonesia: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.7.2. Indonesia: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.8. Agriculture And Farm Equipment Market - South Korea
  - 7.5.8.1. South Korea: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.8.2. South Korea: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.9. Agriculture And Farm Equipment Market - Australia
  - 7.5.9.1. Australia: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.9.2. Australia: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.5.10. Agriculture And Farm Equipment Market - Rest of Asia Pacific
  - 7.5.10.1. Rest of Asia Pacific: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.5.10.2. Rest of Asia Pacific: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
7.6. Agriculture And Farm Equipment Market - Middle East & Africa
- 7.6.1. Middle East & Africa: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.6.2. Middle East & Africa: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.6.3. Agriculture And Farm Equipment Market - Saudi Arabia
  - 7.6.3.1. Saudi Arabia: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.3.2. Saudi Arabia: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.6.4. Agriculture And Farm Equipment Market - UAE
  - 7.6.4.1. UAE: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.4.2. UAE: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.6.5. Agriculture And Farm Equipment Market - Israel
  - 7.6.5.1. Israel: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.5.2. Israel: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.6.6. Agriculture And Farm Equipment Market - South Africa
  - 7.6.6.1. South Africa: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.6.2. South Africa: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.6.7. Agriculture And Farm Equipment Market - Rest of Middle East & Africa
  - 7.6.7.1. Rest of Middle East & Africa: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.6.7.2. Rest of Middle East & Africa: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
7.7. Agriculture And Farm Equipment Market - Latin America
- 7.7.1. Latin America: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
- 7.7.2. Latin America: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.7.3. Agriculture And Farm Equipment Market - Mexico
  - 7.7.3.1. Mexico: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.3.2. Mexico: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.7.4. Agriculture And Farm Equipment Market - Brazil
  - 7.7.4.1. Brazil: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.4.2. Brazil: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.7.5. Agriculture And Farm Equipment Market - Argentina
  - 7.7.5.1. Argentina: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.5.2. Argentina: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)
- 7.7.6. Agriculture And Farm Equipment Market - Rest of Latin America
  - 7.7.6.1. Rest of Latin America: Agriculture And Farm Equipment Market, by Product, 2020-2034 (USD Billion)
  - 7.7.6.2. Rest of Latin America: Agriculture And Farm Equipment Market, by Application, 2020-2034 (USD Billion)

8. Competitive Landscape

8.1. Expansion and Acquisition Analysis
- 8.1.1. Expansion
- 8.1.2. Acquisitions
8.2. Partnerships/Collaborations/Agreements/Exhibitions

9. Company Profiles

9.1. John Deere
- 9.1.1. Company Overview
- 9.1.2. Financial Performance
- 9.1.3. Product Benchmarking
- 9.1.4. Recent Development
9.2. AGCO Corporation
- 9.2.1. Company Overview
- 9.2.2. Financial Performance
- 9.2.3. Product Benchmarking
- 9.2.4. Recent Development
9.3. CNH Industrial
- 9.3.1. Company Overview
- 9.3.2. Financial Performance
- 9.3.3. Product Benchmarking
- 9.3.4. Recent Development
9.4. Kubota Corporation
- 9.4.1. Company Overview
- 9.4.2. Financial Performance
- 9.4.3. Product Benchmarking
- 9.4.4. Recent Development
9.5. Case IH
- 9.5.1. Company Overview
- 9.5.2. Financial Performance
- 9.5.3. Product Benchmarking
- 9.5.4. Recent Development
9.6. Mahindra & Mahindra
- 9.6.1. Company Overview
- 9.6.2. Financial Performance
- 9.6.3. Product Benchmarking
- 9.6.4. Recent Development
9.7. Claas
- 9.7.1. Company Overview
- 9.7.2. Financial Performance
- 9.7.3. Product Benchmarking
- 9.7.4. Recent Development
9.8. Escorts Group
- 9.8.1. Company Overview
- 9.8.2. Financial Performance
- 9.8.3. Product Benchmarking
- 9.8.4. Recent Development
9.9. SDF Group
- 9.9.1. Company Overview
- 9.9.2. Financial Performance
- 9.9.3. Product Benchmarking
- 9.9.4. Recent Development
9.10. Yanmar Holdings
- 9.10.1. Company Overview
- 9.10.2. Financial Performance
- 9.10.3. Product Benchmarking
- 9.10.4. Recent Development