Learn about the global farm machinery and equipment market through The Business Research Company, which provides information on farm machinery and equipment market size, farm machinery and equipment market drivers and restraints, farm machinery and equipment market players, the COVID-19 impact on the farm machinery and equipment market, and more.

The farm machinery and equipment market size is expected to grow from $207.8 billion in 2020 to $291.4 billion in 2025 at a rate of 7.0%. The global farm machinery and equipment market size is then expected to grow at a CAGR of 5.6% from 2025 and reach $381.9 billion in 2030.

Technological advances in agricultural equipment will drive the market for farm machinery and equipment going forward.

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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 the manufacture of agricultural and farm machinery and equipment, turf and ground care equipment, including planting, harvesting, and grass-mowing equipment (except lawn and garden-type used for domestic use) used in farming to save labor. Only goods and services traded between entities or sold to end consumers are included.

Global Farm Machinery And Equipment Market Segments Include:
By Type: Tractors, Harvester, Livestock Equipment, Chisel Plow, Field Sprayer And Spreader, Roller, Others

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

By Capacity: Small, Medium, Large

By Operation: Manual, Semi-Autonomous, Autonomous

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the global farm machinery and equipment market, accounting for 37.0% of the global market in 2021.

Increasing adoption of new techniques and technologies in the farming sector has given a boost to use and thus sales of autonomous farm equipment. Equipment requiring less human labor frees up workforce for more manual tasks and addresses pressures with labor shortages and also improves efficiency and productivity.

TBRC’s Farm Machinery And Equipment Market Report Covers:

Major Market Players: Deere & Company, CNH Industrial N.V., AGCO Corporation, Kubota Corporation, CLAAS KGaA mbH

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

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

TBRC’s farm machinery and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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