Forecasting till 2030: Opportunities And Strategies In The Global Farm Machinery And Equipment Market – Includes Farm Machinery And Equipment Market Share
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Technological advances in agricultural equipment will drive the market for farm machinery and equipment going forward, as per The Business Research Company’s farm machinery and equipment market opportunities and strategies report.
The farm machinery and equipment market is expected to grow $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.
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Major players in the farm machinery and equipment market include Deere & Company, CNH Industrial N.V., AGCO Corporation, Kubota Corporation, CLAAS KGaA mbH.
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. For example, sensors situated in different parts of equipment are linked to a central command and control station, allowing a single operator to simultaneously manage at any one time multiple manned or unmanned farm machines.
The Global Farm Machinery And Equipment Market Is Segmented:
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.
TBRC’s Farm Machinery And Equipment Market Report Covers:
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 – Opportunities And Strategies – Global Forecast To 2030 is one of a series of new reports from The Business Research Company that provides thorough farm machinery and equipment market research, analyzes and forecasts farm machinery and equipment market size, farm machinery and equipment market share, farm machinery and equipment market players, farm machinery and equipment market trends, farm machinery and equipment market segmentation 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.
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.
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