The global agriculture equipment market size is expected to reach around US$ 108.4 billion by 2030 from US$ 170.3 billion in 2020 and is expected to grow at an impressive double-digit rate of 4.6% from 2021 to 2030.
The study includes drivers and restraints of this market. The study provides an analysis of the global agriculture equipment market for the period 2017-2030, wherein 2021 to 2030 is the forecast period and 2020 is considered as the base year.
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The agriculture equipment is a significant tool used in the cultivation of crops to obtain higher yield by applying minimum efforts in farms. The growing population in developing and developed economies is a major factor building a pressure on the food supply chain due to the increasing demand for the agricultural food. The agriculture equipment such as tractors, harvesters, and crop processing equipment are increasing used in the agricultural activities across the globe to gain higher volume of yields faster and with minimal efforts. This is a primary driver of the global agricultural equipment market. Further, this agriculture equipment helps to reduce labor cost. Especially, the semi-automatic and automatic agriculture equipment helps to provide work efficiency and eliminate the use of excess labor, thereby propelling the demand for the agriculture equipment across the globe.
Scope of the Agriculture Equipment Market Report
Report Highlights | Details |
Market Size | USD 170.3 Billion by 2030 |
Growth Rate | CAGR of 4.6% from 2021 to 2030 |
Largest Market | Asia Pacific |
Fastest Growing Market | North America |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Why should you invest in this report?
If you are aiming to enter the global agriculture equipment market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for agriculture equipment are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030, so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Some of the prominent players in the global agriculture equipment market include:
- CNH Industrial N V
- Mahindra and Mahindra Ltd.
- Deere & Company
- Kubota Corporation
- AGCO Corporation
- EXEL Industries
- SDF S.p.a.
- Bucher Industries AG
- Tractor and Farm Equipment Ltd.
- CLAAS KGaAmbH
- ISEKI & Co. Ltd.
Market Segmentation:
By Product Type
- Harvesters
- Tractors
- Irrigation & Crop Process equipment
- Planting Equipment
- Others
By Application
- Land & Development
- Weed Cultivation
- Plant Protection
- Sowing & Planting
- Harvesting & Threshing
- Post-Harvest Agro Processing
By Automation
- Manual
- Semi-Automatic
- Automatic
Regional Analysis:
The geographical analysis of the global agriculture equipment market has been done for North America, Europe, Asia-Pacific, and the Rest of the World.
The North American Market is again segmented into the US, Canada, and Mexico. Coming to the European Market, it can be segmented further into the UK, Germany, France, Italy, Spain, and the rest. Coming to the Asia-Pacific, the global agriculture equipment Market is segmented into China, India, Japan, and Rest of Asia Pacific. Among others, the market is segmented into the Middle East and Africa, (GCC, North Africa, South Africa and Rest of the Middle East & Africa).
Key Questions Answered by the Report:
- What will be the size of the global agriculture equipment market in 2030?
- What is the expected CAGR for the agriculture equipment market between 2021 and 2030?
- Which are the top players active in this global market?
- What are the key drivers of this global market?
- How will the market situation change in the coming years?
- Which region held the highest market share in this global market?
- What are the common business tactics adopted by players?
- What is the growth outlook of the global agriculture equipment market?
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Agriculture Equipment Market
5.1. COVID-19 Landscape: Agriculture Equipment Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Agriculture Equipment Market, By Product
8.1. Agriculture Equipment Market, by Product Type, 2021-2030
8.1.1. Harvesters
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Tractors
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Irrigation & Crop Process equipment
8.1.3.1. Market Revenue and Forecast (2019-2030)
8.1.4. Planting Equipment
8.1.4.1. Market Revenue and Forecast (2019-2030)
8.1.5. Others
8.1.5.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Agriculture Equipment Market, By Application
9.1. Agriculture Equipment Market, by Application, 2021-2030
9.1.1. Land & Development
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Weed Cultivation
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Plant Protection
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Sowing & Planting
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Harvesting & Threshing
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Post-Harvest Agro Processing
9.1.6.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Agriculture Equipment Market, By Automation
10.1. Agriculture Equipment Market, by Automation, 2021-2030
10.1.1. Manual
10.1.1.1. Market Revenue and Forecast (2019-2030)
10.1.2. Semi-Automatic
10.1.2.1. Market Revenue and Forecast (2019-2030)
10.1.3. Automatic
10.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 11. Global Agriculture Equipment Market, Regional Estimates and Trend Forecast
11.1. North America
11.1.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.3. Market Revenue and Forecast, by Automation (2019-2030)
11.1.4. U.S.
11.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.1.5. Rest of North America
11.1.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.1.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.1.5.3. Market Revenue and Forecast, by Automation (2019-2030)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.3. Market Revenue and Forecast, by Automation (2019-2030)
11.2.4. UK
11.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.2.5. Germany
11.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.5.3. Market Revenue and Forecast, by Automation (2019-2030)
11.2.6. France
11.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.6.3. Market Revenue and Forecast, by Automation (2019-2030)
11.2.7. Rest of Europe
11.2.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.2.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.2.7.3. Market Revenue and Forecast, by Automation (2019-2030)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.3. Market Revenue and Forecast, by Automation (2019-2030)
11.3.4. India
11.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.3.5. China
11.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.5.3. Market Revenue and Forecast, by Automation (2019-2030)
11.3.6. Japan
11.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.6.3. Market Revenue and Forecast, by Automation (2019-2030)
11.3.7. Rest of APAC
11.3.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.3.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.3.7.3. Market Revenue and Forecast, by Automation (2019-2030)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.4.4. GCC
11.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.4.5. North Africa
11.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.5.3. Market Revenue and Forecast, by Automation (2019-2030)
11.4.6. South Africa
11.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.6.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.6.3. Market Revenue and Forecast, by Automation (2019-2030)
11.4.7. Rest of MEA
11.4.7.1. Market Revenue and Forecast, by Product (2019-2030)
11.4.7.2. Market Revenue and Forecast, by Application (2019-2030)
11.4.7.3. Market Revenue and Forecast, by Automation (2019-2030)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.3. Market Revenue and Forecast, by Automation (2019-2030)
11.5.4. Brazil
11.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.4.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.4.3. Market Revenue and Forecast, by Automation (2019-2030)
11.5.5. Rest of LATAM
11.5.5.1. Market Revenue and Forecast, by Product (2019-2030)
11.5.5.2. Market Revenue and Forecast, by Application (2019-2030)
11.5.5.3. Market Revenue and Forecast, by Automation (2019-2030)
Chapter 12. Company Profiles
12.1. CNH Industrial N V
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. Mahindra and Mahindra Ltd.
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Deere & Company
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Kubota Corporation
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. AGCO Corporation
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. EXEL Industries
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. SDF S.p.a.
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. Bucher Industries AG
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Tractor and Farm Equipment Ltd.
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. CLAAS KGaAmbH
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. ISEKI & Co. Ltd.
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
Chapter 13. Research Methodology
13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions
Chapter 14. Appendix
14.1. About Us
14.2. Glossary of Terms
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