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Global Agricultural Equipment Market By Product(Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment ,Spraying Equipment ,Hay & Forage Equipment ,Others)By Application(Land Development & Seed Bed Preparation ,Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing ,Post-Harvest & Agro -Processing) Growth, Future Prospects & Competitive Analysis, 2016 – 2030

Price: $4999

Published: | Report ID: 6990 | Category: Agriculture

Key Highlights of the Report

How are the major segments performing in the Agricultural Equipment market?

  • In 2022, the tractors segment accounted for the largest share of the market. A pivotal factor behind the market’s growth is the introduction of new, efficient, and eco-friendly tractors that improve operations speed and reduce costs.
  • In 2022, the land development & seed bed preparation segment was anticipated to hold a prominent share of the global agricultural equipment market. A constant increase in the demand for farmlands across multiple regions is one of the key reasons for expanding land development across the globe.

What is the Market Size of Agricultural Equipment regarding value?

The global agricultural equipment market is anticipated to grow at a substantial CAGR of 11.33% in the upcoming years. The global agricultural equipment industry was estimated to be worth USD 162.3 billion in 2022 and was expected to be worth USD 344.0 billion by 2030.

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Which region dominated the Agricultural Equipment market?

In 2022, the Asia-Pacific region was anticipated to hold a prominent share of the global agricultural equipment market. It is owing to the rapid and efficient economic development of China, India, and numerous countries within the ASEAN region that the market has developed, providing collective development for Asia Pacific. An important factor in the region’s development is the increased reliance of customers on mechanization in developing countries.

How is US Market Performing in the Agricultural Equipment Market?

The agricultural equipment market in the US is expected to grow due to the increasing investments in the agricultural industry during the study period. The market is expected to benefit from the growing demand for modern agricultural equipment. The US Department of Agriculture, the increase in agricultural activities across the region is expected to significantly impact the growth of the regional market over the forecast period. The government plans to increase agricultural production by 40% by 2050, which is expected to boost the demand for agricultural tractors during the forecast period.

How is the economy impacting global Agricultural Equipment growth?

Due the COVID-19 pandemic, agriculture machinery has been adversely affected and will continue to be impacted. There are numerous risks associated with the outbreak of COVID-19. Throughout 2020, the pandemic has impacted economic activity all over the world and continues to do so. A COVID-19 outbreak and its associated uncertainty negatively impacted the agriculture equipment market in most regions and among a diverse group of customers due to disruptions and volatility in global capital markets in 2020.

What is the competitive environment of the Agricultural Equipment market?

The agricultural equipment industry’s competitive environment provides information on the entire economic profit made by suppliers and businesses, the sales and revenues created in this sector, the agricultural equipment market share globally, the business organization summary, the introduction of new products, and the opportunities for the industrial agricultural equipment market. For instance, in October 2021, introducing a new-generation advanced tractor range by Mahindra and Mahindra Ltd, the Yuvo Tech+ range will feature three models: Yuvo Tech+ 275 (27.6kW-37HP), Yuvo Tech+ 405 (29.1kW-39HP), and Yuvo Tech+ 415 (31.33kW-42HP).

Executive Summary

What are the key trends in the Agricultural Equipment market?

As a result of precision farming, farmers can produce more with limited resources. By observing, measuring, and responding to inter and intra-field variability of crops, farmers can make precise decisions according to their farming objectives. As a result of the growing demand for agricultural products, farmers are constantly under pressure to raise yields. The farming technique is expected to reduce the gap between supply and demand by improving operational efficiency and increasing production. Over the forecast period, precision farming will effectively address the high demand for farming products in all geographies. In order to monitor large fields and plantations efficiently, OEMs have developed drones for large farms. Increasing government initiatives to promote precision tools and the growing presence of precision agriculture equipment distributors should boost the agriculture equipment market.

How are Manufacturers Teaming Up with Stakeholders in Agricultural Equipment Market?

A key reason for the promising market share of established market leaders in their diverse product portfolio offerings. John Deere & Company, for instance, introduced a new mechanical grapple and material collection system in November 2021 for compact utility tractors. Its new frontier mechanical grapple, MG20F, features a rapid attach solution for quick installation and has a lifting capacity of up to 544 kilograms. These companies can develop and launch modern products based on their robust R&D infrastructure, allowing them to meet the highest world standards of operational efficiency and embedded technology. They also identify on-demand machinery and manufacturing based on the current market landscape.

Which are the key investments by the Agricultural Equipment market players?

Leading players operating in the agricultural equipment market are focusing on expansion in production capacities for agricultural equipment. Apart from this, players are concentrating on strategic collaborations and creating awareness among farmers via different associations formed to promote smart farming practices to serve more end users in the domestic market to gain a competitive edge. For instance, in May 2022, AGCO, a global manufacturer and distributor of agricultural machinery and precision agricultural technology, acquired JCA Industries, a pioneer in autonomous farming software, implementing controls, and electronic system components. AGCO will be able to provide farmers with more efficient automation and autonomous systems through this acquisition. JCA is one of the most innovative manufacturers of off-road machine technology.

Some major players in the Agricultural Equipment market are AGCO Corporation; Fliegl Agro-Center GmbH; Agromaster; Amazone Inc.; APV GmbH; Bellota Agrisolutions; CLAAS KGaA mbH; CNH Industrial N.V.; Deere & Company; Escorts Limited; HORSCH Maschinen GmbH; ISEKI & Co., Ltd.; J C Bamford Excavators Ltd; Quivogne CEE GmbH (Kiwon RUS LLC); Rostselmash; KRUKOWIAK; KUBOTA Corporation; KUHN SAS; LEMKEN GmbH & Co. KG; Mahindra & Mahindra Ltd; Mascar SpA; Maschio Gaspardo S.p.A, MaterMacc S.p.A; Morris Equipment Ltd; SDF S.p.A.; Tractors and Farm Equipment Limited (TAFE); Väderstad AB; Valmont Industries, Inc.

What are the Major Driving Factors for the Agricultural Equipment Market?

The growth of the global agriculture equipment industry is expected to be fueled by an increase in the mechanization of various farming activities, including plowing, harrowing, planting, harvesting, and tilling. As farmers realize the benefits of implementing mechanical equipment such as tractors, harvesters, and various attachments, they become increasingly dependent on these devices. Precision farming enhances agricultural production by ensuring sustainability, increasing profitability, and protecting land resources. Agriculture equipment is used for various farming activities, such as sowing and harvesting, by major players in the industry, which encourages the implementation of agriculture equipment.

What are the Major Risks for the Agricultural Equipment Market?

A high initial cost is associated with the purchase and installation of such equipment. Furthermore, such mechanization entails a high operating cost, reducing the profitability of farming operations. Managing and supervising these operations requires a highly skilled operator since multiple machines are involved. As a result, processes become more complex and intricate. The maintenance and repair costs associated with some heavy-duty machines disrupt the farming ecosystem, causing massive expenditures.

Which is the key application in the Agricultural Equipment market?

The land development & seed bed preparation segment is expected to hold a prominent share of the global agricultural equipment market during the forecast period. Rise in the land development segment on the global landscape because of the constant increase in the need for farmlands across multiple regions. As a result of the development and subsequent introduction of products integrating innovative technologies, lands are being utilized in a much different way. Equipment sales are also increasing globally due to better fertilizer distribution and the ability to plant across farmland boundaries and field contours. The land development segment continues to grow at a significant rate. In order to sustain the market growth prospects, significant efforts are being made to conserve farmland and improve soil quality to increase farm yields and fertility.

How is the Agricultural Equipment market performing in regions?

Asia Pacific market is anticipated to witness the fastest growth in the global agricultural equipment market during the forecast period. Since many countries in the region heavily rely on agriculture, Asia-Pacific is one of the largest markets for agricultural equipment. Due to factors such as growing harvesting, seed sowing, irrigation, and cultivation activities in farm fields, agricultural tractors are in higher demand in the region. Developing countries like China, India, Japan, and South Korea have abundant crops and vegetables, low labor costs, and favorable Asian-Pacific government guidelines. Agricultural equipment is also expected to be in high demand in these countries since agriculture is their primary focus.

What is the regulatory landscape for the Agricultural Equipment market?

When the Indian government implements the BS Term IV regulations in 2022, the TREM IV emission regulations will apply to more than 50 HP tractors. However, TREM IIIA rules would continue to regulate a significant portion of the entire sector (50 HP), only having an impact. Selling tractors may be more difficult if emission restrictions are altered to satisfy governmental regulations. Furthermore, it is anticipated that tighter emission standards may result in a 10-15% increase in price for agricultural machinery that complies with Euro Stage IV. Such regulations can negatively impact the global agricultural equipment market between 2022 and 2032.

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What are the major players planning for the future of the Agricultural Equipment market?

Growing regional existence and investment in downstream applications are anticipated to deliver a competitive edge in the market. For instance, in May 2021, A partnership was formed between KAAS KGaAmbH and Dutch startup AgXeed B.V. to develop and sell independent farming machines.

REPORT ATTRIBUTE DETAILS
Agricultural Equipment Market by Volume Yes
Agricultural Equipment Market by Value Yes
Agricultural Equipment Market, Tornado Analysis Yes
Agricultural Equipment Market, STAR Analysis Yes
Agricultural Equipment Market, SRC Analysis Yes
Agricultural Equipment Market, Import-Export Data Yes (On Demand)
Agricultural Equipment Market Pricing Analysis Yes (On Demand)
Agricultural Equipment Market Segment Analysis By Product (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, and Others)

By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, and Post-harvest & Agro-Processing)

 

Agricultural Equipment Market, Regional Analysis North America (US and Canada)

Europe (Germany, UK, France, Italy, Spain, and the Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and the Rest of Asia Pacific)

Latin America (Brazil, Mexico, and the Rest of Latin America)

Middle East and Africa (GCC Countries, South Africa, and the Rest of Middle East and Africa)

Agricultural Equipment Market Key Companies AGCO Corporation; Fliegl Agro-Center GmbH; Agromaster; Amazone Inc.; APV GmbH; Bellota Agrisolutions; CLAAS KGaA mbH; CNH Industrial N.V.; Deere & Company; Escorts Limited; HORSCH Maschinen GmbH; ISEKI & Co., Ltd.; J C Bamford Excavators Ltd; Quivogne CEE GmbH (Kiwon RUS LLC); Rostselmash; KRUKOWIAK; KUBOTA Corporation; KUHN SAS; LEMKEN GmbH & Co. KG; Mahindra & Mahindra Ltd; Mascar SpA; Maschio Gaspardo S.p.A, MaterMacc S.p.A; Morris Equipment Ltd; SDF S.p.A.; Tractors and Farm Equipment Limited (TAFE); Väderstad AB; Valmont Industries, Inc
Agricultural Equipment Market Competitive Landscape Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

Segmentation of Global Agricultural Equipment Market-

Global Agricultural Equipment Market – By Product

  • Tractors
  • Harvesters
  • Planting Equipment
  • Irrigation & Crop Processing Equipment
  • Spraying Equipment
  • Hay & Forage Equipment
  • Others

Global Agricultural Equipment Market – By Application

  • Land Development & Seed Bed Preparation
  • Sowing & Planting
  • Weed Cultivation
  • Plant Protection
  • Harvesting & Threshing
  • Post-Harvest & Agro-Processing

Global Agricultural Equipment Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Agricultural Equipment Market
2.2. Global Agricultural Equipment Market, By Product
2.3. Global Agricultural Equipment Market, By Application
2.4. Global Agricultural Equipment Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Agricultural Equipment Market Value, 2017-2030, (US$ Mn))
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Product
3.5.2. Application
3.5.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Products
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Product Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. Indirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Application Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Agricultural Equipment Market
7.1. Global Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
7.1.1. Overview
7.1.2. Global Agricultural Equipment Market, By Product, 2022 vs 2030 (in%)
7.1.3. Global Agricultural Equipment Market, By Tractors, 2017-2030 (US$ Mn))
7.1.4. Global Agricultural Equipment Market, By Harvesters, 2017-2030 (US$ Mn))
7.1.5. Global Agricultural Equipment Market, By Planting Equipment, 2017-2030 (US$ Mn))
7.1.6. Global Agricultural Equipment Market, By Irrigation & Crop Processing Equipment, 2017-2030 (US$ Mn))
7.1.7. Global Agricultural Equipment Market, By Spraying Equipment, 2017-2030 (US$ Mn))
7.1.8. Global Agricultural Equipment Market, By Hay & Forage Equipment, 2017-2030 (US$ Mn))
7.1.9. Global Agricultural Equipment Market, By Others, 2017-2030 (US$ Mn))
7.2. Global Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
7.2.1. Overview
7.2.2. Global Agricultural Equipment Market, By Application, 2022 vs 2030 (in%)
7.2.3. Global Agricultural Equipment Market, By Land Development & Seed Bed Preparation, 2017-2030 (US$ Mn))
7.2.4. Global Agricultural Equipment Market, By Sowing & Planting, 2017-2030 (US$ Mn))
7.2.5. Global Agricultural Equipment Market, By Weed Cultivation, 2017-2030 (US$ Mn))
7.2.6. Global Agricultural Equipment Market, By Plant Protection, 2017-2030 (US$ Mn))
7.2.7. Global Agricultural Equipment Market, By Harvesting & Threshing, 2017-2030 (US$ Mn))
7.2.8. Global Agricultural Equipment Market, By Post-harvest & Agro-processing, 2017-2030 (US$ Mn))

8. North America Agricultural Equipment Market Analysis
8.1. North America Agricultural Equipment Market, by Product, 2017-2030(US$ Mn))
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Agricultural Equipment Market, by Application, 2017-2030(US$ Mn))
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
8.3.1. U.S.
8.3.1.1. U.S. Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
8.3.1.2. U.S. Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
8.3.1.3. U.S. Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
8.3.2. Canada
8.3.2.1. Canada Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
8.3.2.2. Canada Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
8.3.2.3. Canada Agricultural Equipment, By Application, 2017-2030 (US$ Mn))

9. Europe Agricultural Equipment Market Analysis
9.1. Europe Agricultural Equipment Market, by Product, 2017-2030(US$ Mn))
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Agricultural Equipment Market, by Application, 2017-2030(US$ Mn))
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
9.3.1. Germany
9.3.1.1. Germany Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.1.2. Germany Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.1.3. Germany Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
9.3.2. France
9.3.2.1. France Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.2.2. France Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.2.3. France Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
9.3.3. UK
9.3.3.1. UK Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.3.2. UK Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.3.3. UK Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
9.3.4. Italy
9.3.4.1. Italy Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.4.2. Italy Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.4.3. Italy Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
9.3.5. Spain
9.3.5.1. Spain Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.5.2. Spain Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.5.3. Spain Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.6.2. Rest of Europe Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
9.3.6.3. Rest of Europe Agricultural Equipment, By Application, 2017-2030 (US$ Mn))

10. Asia Pacific Agricultural Equipment Market Analysis
10.1. Asia Pacific Agricultural Equipment Market, by Product, 2017-2030(US$ Mn))
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Agricultural Equipment Market, by Application, 2017-2030(US$ Mn))
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
10.3.1. China
10.3.1.1. China Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.1.2. China Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.1.3. China Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
10.3.2. Japan
10.3.2.1. Japan Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.2.2. Japan Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.2.3. Japan Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
10.3.3. India
10.3.3.1. India Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.3.2. India Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.3.3. India Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
10.3.4. South Korea
10.3.4.1. South Korea Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.4.2. South Korea Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.4.3. South Korea Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
10.3.5. South-East Asia
10.3.5.1. South-East Asia Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.5.2. South-East Asia Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.5.3. South-East Asia Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.6.2. Rest of Asia Pacific Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
10.3.6.3. Rest of Asia Pacific Agricultural Equipment, By Application, 2017-2030 (US$ Mn))

11. Latin America Agricultural Equipment Market Analysis
11.1. Latin America Agricultural Equipment Market, by Product, 2017-2030(US$ Mn))
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Agricultural Equipment Market, by Application, 2017-2030(US$ Mn))
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
11.3.1. Brazil
11.3.1.1. Brazil Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.1.2. Brazil Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
11.3.1.3. Brazil Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
11.3.2. Mexico
11.3.2.1. Mexico Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.2.2. Mexico Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
11.3.2.3. Mexico Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
11.3.3. Rest of Latin America
11.3.3.1. Rest of Latin America Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.3.2. Rest of Latin America Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
11.3.3.3. Rest of Latin America Agricultural Equipment, By Application, 2017-2030 (US$ Mn))

12. Middle East and Africa Agricultural Equipment Market Analysis
12.1. Middle East and Africa Agricultural Equipment Market, by Product, 2017-2030(US$ Mn))
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Agricultural Equipment Market, by Application, 2017-2030(US$ Mn))
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
12.3.1. GCC Countries
12.3.1.1. GCC Countries Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.1.2. GCC Countries Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
12.3.1.3. GCC Countries Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
12.3.2. South Africa
12.3.2.1. South Africa Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.2.2. South Africa Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
12.3.2.3. South Africa Agricultural Equipment, By Application, 2017-2030 (US$ Mn))
12.3.3. Rest of Middle East and Africa
12.3.3.1. Rest of Middle East and Africa Agricultural Equipment Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.3.2. Rest of Middle East and Africa Agricultural Equipment, By Product, 2017-2030 (US$ Mn))
12.3.3.3. Rest of Middle East and Africa Agricultural Equipment, By Application, 2017-2030 (US$ Mn))

13. Company Profiles
13.1. AGCO Corporation
13.1.1. Company Overview
13.1.2. Applications/Products Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Fliegl Agro-Center GmbH
13.3. Agromaster
13.4. Amazone Inc.
13.5. APV GmbH
13.6. Bellota Agrisolutions
13.7. CLAAS KGaA mbH
13.8. CNH Industrial N.V.
13.9. Deere & Company
13.10. Escorts Limited
13.11. HORSCH Maschinen GmbH
13.12. ISEKI & Co., Ltd.
13.13. J C Bamford Excavators Ltd
13.14. Quivogne CEE GmbH
13.15. Rostselmash
13.16. KRUKOWIAK
13.17. KUBOTA Corporation
13.18. KUHN SAS
13.19. LEMKEN GmbH & Co. KG
13.20. Mahindra & Mahindra Ltd
13.21. Mascar SpA
13.22. Maschio Gaspardo S.p.A
13.23. MaterMacc S.p.A
13.24. Morris Equipment Ltd
13.25. SDF S.p.A
13.26. Tractors and Farm Equipment Limited (TAFE)
13.27. Väderstad AB
13.28. Valmont Industries, Inc

List of Figures
FIG. 1 Global Agricultural Equipment Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Agricultural Equipment Market Segmentation
FIG. 4 Global Agricultural Equipment Market, by Product, 2022 (US$ Mn))
FIG. 5 Global Agricultural Equipment Market, by Application, 2022 (US$ Mn))
FIG. 6 Global Agricultural Equipment Market, by Geography, 2022 (US$ Mn))
FIG. 7 Attractive Investment Proposition, by Product, 2022
FIG. 8 Attractive Investment Proposition, by Application, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Agricultural Equipment Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Agricultural Equipment Market Manufacturers, 2022
FIG. 12 Global Agricultural Equipment Market Value Contribution, By Product, 2022 & 2030 (Value %)
FIG. 13 Global Agricultural Equipment Market, by Tractors, Value, 2017-2030 (US$ Mn))
FIG. 14 Global Agricultural Equipment Market, by Harvesters, Value, 2017-2030 (US$ Mn))
FIG. 15 Global Agricultural Equipment Market, by Planting Equipment, Value, 2017-2030 (US$ Mn))
FIG. 16 Global Agricultural Equipment Market, by Irrigation & Crop Processing Equipment, Value, 2017-2030 (US$ Mn))
FIG. 17 Global Agricultural Equipment Market, by Spraying Equipment, Value, 2017-2030 (US$ Mn))
FIG. 18 Global Agricultural Equipment Market, by Hay & Forage Equipment, Value, 2017-2030 (US$ Mn))
FIG. 19 Global Agricultural Equipment Market, by Others, Value, 2017-2030 (US$ Mn))
FIG. 20 Global Agricultural Equipment Market Value Contribution, By Application, 2022 & 2030 (Value %)
FIG. 21 Global Agricultural Equipment Market, by Land Development & Seed Bed Preparation, Value, 2017-2030 (US$ Mn))
FIG. 22 Global Agricultural Equipment Market, by Sowing & Planting, 2017-2030 (US$ Mn))
FIG. 23 Global Agricultural Equipment Market, by Weed Cultivation, 2017-2030 (US$ Mn))
FIG. 24 Global Agricultural Equipment Market, by Plant Protection, 2017-2030 (US$ Mn))
FIG. 25 Global Agricultural Equipment Market, by Harvesting & Threshing, 2017-2030 (US$ Mn))
FIG. 26 Global Agricultural Equipment Market, by Post-harvest & Agro-processing, 2017-2030 (US$ Mn))
FIG. 27 North America Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 28 U.S. Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 29 Canada Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 30 Europe Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 31 Germany Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 32 France Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 33 U.K. Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 34 Italy Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 35 Spain Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 36 Rest of Europe Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 37 Asia Pacific Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 38 China Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 39 Japan Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 40 India Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 41 South Korea Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 42 South-East Asia Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 43 Rest of Asia Pacific Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 44 Latin America Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 45 Brazil Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 46 Mexico Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 47 Rest of Latin America Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 48 Middle East & Africa Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 49 GCC Countries Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 50 South Africa Agricultural Equipment Market, 2017-2030 (US$ Mn))
FIG. 51 Rest of Middle East and Africa Agricultural Equipment Market, 2017-2030 (US$ Mn))

List of Tables
TABLE 1 Market Snapshot: Global Agricultural Equipment Market
TABLE 2 Global Agricultural Equipment Market, by Competitive Benchmarking, 2022
TABLE 3 Global Agricultural Equipment Market, by Geographical Presence Analysis, 2022
TABLE 4 Global Agricultural Equipment Market, by Key Strategies Analysis, 2022
TABLE 5 Global Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 6 Global Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 7 Global Agricultural Equipment Market, by Geography, 2017-2030 (US$ Mn))
TABLE 8 North America Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 9 North America Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 10 North America Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
TABLE 11 US Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 12 US Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 13 Canada Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 14 Canada Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 15 Europe Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 16 Europe Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 17 Europe Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
TABLE 18 Germany Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 19 Germany Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 20 France Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 21 France Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 22 UK Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 23 UK Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 24 Italy Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 25 Italy Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 26 Spain Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 27 Spain Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 28 Rest of Europe Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 29 Rest of Europe Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 30 Asia Pacific Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 31 Asia Pacific Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 32 Asia Pacific Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
TABLE 33 China Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 34 China Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 35 Japan Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 36 Japan Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 37 India Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 38 India Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 39 South Korea Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 40 South Korea Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 41 South-East Asia Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 42 South-East Asia Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 43 Rest of Asia Pacific Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 44 Rest of Asia Pacific Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 45 Latin America Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 46 Latin America Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 47 Latin America Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
TABLE 48 Brazil Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 49 Brazil Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 50 Mexico Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 51 Mexico Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 52 Rest of Latin America Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 53 Rest of Latin America Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 54 Middle East and Africa Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 55 Middle East and Africa Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 56 Middle East and Africa Agricultural Equipment Market, by Country, 2017-2030 (US$ Mn))
TABLE 57 GCC Countries Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 58 GCC Countries Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 59 South Africa Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 60 South Africa Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))
TABLE 61 Rest of Middle East and Africa Agricultural Equipment Market, by Product, 2017-2030 (US$ Mn))
TABLE 62 Rest of Middle East and Africa Agricultural Equipment Market, by Application, 2017-2030 (US$ Mn))

Frequently Asked Questions

How does COVID-19 Impact the global Agricultural Equipment market?

Due to the COVID-19 pandemic, agriculture machinery has been adversely affected and will continue to be impacted.

Which is the leading region of the market for Agricultural Equipment?

Asia-Pacific accounted for the most heightened share in the global Agricultural Equipment market.

What are the key drivers for the growth of the Agricultural Equipment market?

Due to the increased adoption of technologies in recent years, the number of machines used for farming purposes has increased considerably.

Which is the major segment in the Agricultural Equipment market by product?

The tractor segment had a major share in the global market in 2022.

Which is the major segment in the Agricultural Equipment market by application?

The land development & seed bed preparation segment had a major share in the global market.

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