The Business Research Company’s report goes into great detail on the farm machinery and equipment market size and growth, farm machinery and equipment market regional analysis, farm machinery and equipment market competitive landscape, and other critical information needed to excel in the farm machinery and equipment industry.

Major players in the farm machinery and equipment market include AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V, Escorts Group, ISEKI & Co. Ltd, John Deere (Deere & Company), Kubota Corporation, Mahindra & Mahindra Limited, Same Deutz-Fahr Group S.p.A. (SDF), and Valmont Industries Inc.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global farm machinery and equipment market size is expected to grow from $194.91 billion in 2021 to $215.45 billion in 2022 at a compound annual growth rate (CAGR) of 10.5%. The global farm equipment market size is expected to grow to $308.66 billion in 2026 at a CAGR of 9.4%.

Asia Pacific was the largest region in the farm machinery and equipment market in 2021.

The farm machinery and equipment market consist of sales of farm machinery and equipment by entities (organizations, sole traders, or partnerships) that are engaged in manufacturing agricultural and farm machinery and equipment, and other turfs and grounds care equipment, including planting, harvesting, and grass mowing equipment (except lawn and garden-type). Only goods and services traded between entities or sold to end consumers are included.

The integration of Internet of Things (IoT) applications in farm equipment is expected to drive the market of farm machinery and equipment.

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Eco-friendly electric tractors are likely to be an emerging trend in the farm machinery and equipment market. Eco-friendly tractors operate through electronic batteries that can be recharged simply by plugging them into a standard socket and don’t require any kind of fuel that creates air pollution. There are also many tractors where farmers can install wind or solar power to produce electricity to charge the tractor’s batteries.

TBRC’s global farm machinery and equipment market report is segmented:

By Type: Cultivator, Rotator, Chisel Plow, Harvester, Roller, Field Sprayer and Spreader, Irrigation System, Livestock Equipment, Tractors, Others

By Capacity: Small, Medium, Large

By Operation: Manual, Semi-Autonomous, Fully-Autonomous

By Application: Spraying, Water Supply and Conservation, Cultivation, Harvesting, Seeding, Weeding, Livestock Farming, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Farm Machinery And Equipment Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the farm machinery and equipment market globally and regionally, analyzes and forecasts market size, share, farm machinery and equipment market players, farm machinery and equipment market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Agricultural Implement Global Market Report 2022

Riding Mowers Global Market Report 2022

Agriculture, Construction, And Mining Machinery Global Market Report 2022

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