agriculture, construction, and mining machinery market
Machinery

Global Agriculture, Construction, And Mining Machinery Market Size, Drivers, Trends, Opportunities And Strategies – Includes Agriculture, Construction, And Mining Machinery Market Share

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The stable economic growth forecasted in many developed and developing countries are expected to drive innovation in agriculture, construction, and mining machinery manufacturing, thus driving the market during the forecast period.

 

The global agriculture, construction, and mining machinery market is expected to grow from $743.74 billion in 2022 to $803.73 billion in 2023 at a compound annual growth rate (CAGR) of 8.1%. The agriculture, construction, and mining machinery market is expected to grow to $1,060.64 billion in 2027 at a CAGR of 7.2%.

 

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Global Agriculture, Construction, And Mining Machinery Market Segments Include:

  • By Type: Construction Machinery, Agricultural Implement, Mining And Oil And Gas Field Machinery
  • By Operation: Autonomous, Semi-Autonomous, Manual
  • By Capacity: Small, Medium, Large
  • Subsegments Covered: Earthmoving, Material Handling, Building & Road Construction Equipment, Farm Machinery And Equipment, Sanitary Paper Product, Stationery Products, Paper Bag And Coated And Treated Paper, Oil & Gas Field Machinery And Equipment, Mining Machinery And Equipment
  • 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 is the largest region in the global agriculture, construction, and mining machinery market in 2021.

 

Major Market Players in the agriculture, construction, and mining machinery market include Deere & Company, Komatsu Ltd., Caterpillar Inc., EXOR Group, Kubota Corp, CNH Industrial NV, Volvo AB, AGCO Corporation.

 

Agriculture equipment companies are offering telematics systems to farmers to enable wireless transfer of data between the equipment and its user. Telematics refers to the technology of collecting data from farm equipment operating in a field and then transferring the data to customers through the internet on a real-time basis. This enables farmers to remotely collect and manage information from their field equipment, enhance operational efficiencies and reduce production costs. Major companies offering telematics technology include Trimble’s Connected Farm, John Deere’s JD Link Ultimate, and AGCO’s AgCommand Advanced Telematics service.

 

The Agriculture, Construction, And Mining Machinery Global Market Report 2023 provides a agriculture, construction, and mining machinery market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The agriculture, construction, and mining machinery market forecast analyzes agriculture, construction, and mining machinery market size, agriculture, construction, and mining machinery market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

The agriculture, construction, and mining machinery refer to machinery that is designed for use in the agriculture, construction, and mining industries.

 

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