What is the size of the Agriculture Equipment Market?

The Global Agriculture Equipment Market size was estimated to be USD 166.9 Billion in 2022.

What are the major growth factors of the Agriculture Equipment Market?

The market is experiencing notable growth due to expanding population and the need for enhanced productivity to satisfy the demand for food. Additionally, the market is expected to rise by the increasing purchasing power and swift industrialization.

What is the total market value of the Agriculture Equipment Market report?

The Global Agriculture Equipment Market size was USD 166.9 Billion in 2022 and is expected to reach USD 305.6 Billion by 2032 at a CAGR of 6.4% over the forecast period of 2023-2032.

Which region will lead the Global Agriculture Equipment Market?

Asia led the the Agriculture Equipment Market in 2022 with a market share of over 37.5% and is expected to expand further at the same rate.

Who are the prominent key players in the Agriculture Equipment Market?

The major players in the Agriculture Equipment Market are AGCO Corporation, Alamo Group Inc., China National Machinery Industry Corporation, CLAAS KGaA GmbH, Deere & Company, Kubota Corporation, Mahindra & Mahindra Ltd., SDF S.p.A., Valmont Industries Inc., and several others.

Which segment was the most prominent in the Agriculture Equipment Market?

By Type Analysis, agriculture tractors accounts for the highest revenue share among product type segments. By Source Analysis, In 2022, land development segment dominated the industry due to increase in farmlands.

List the segments encompassed in this report on the Agriculture Equipment Market.

The Global Agriculture Equipment Market is segmented By Product Type, By Application, and By Region

Agriculture Equipment Market Size, Share

Global Agriculture Equipment Market By Type (Agriculture Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, and Others), By Application (Land Development, Threshing & Harvesting, and Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

- Get a FREE Sample -

Our Clients