The Farm Machinery And Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Farm Machinery And Equipment Market?
The global market for farm machinery and equipment has seen significant growth in recent years. It is projected to increase from a market size of $221.3 billion in 2024 to $235.67 billion in 2025, with a compound annual growth rate (CAGR) of 6.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Farm Machinery And Equipment Industry?
The Farm Machinery and Equipment Global Market is projected to reach $295.1 billion in 2029, growing at a Compound Annual Growth Rate (CAGR) of 5.8%.
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What are the Key Growth Drivers Fueling the Farm Machinery And Equipment Market?
The key drivers in the farm machinery and equipment market are:
• Advancements in precision agriculture
• The rise of robotics and automation in farming
• Increased use of IoT and data analytics in agriculture
• Development and use of sustainable farming solutions
• Introduction and adoption of electric and hybrid machinery.
Global Market Segmentation: Identifying Major Farm Machinery And Equipment Industry Segments
The farm machinery and equipment market covered in this report is segmented –
1) By Type: Cultivator, Rotator, Chisel Plow, Harvester, Roller, Field Sprayer And Spreader, Irrigation System, Livestock Equipment, Tractors, Other Types
2) By Capacity: Small, Medium, Large
3) By Operation: Manual, Semi-Autonomous, Fully-Autonomous
4) By Application: Spraying, Water Supply And Conservation, Cultivation, Harvesting, Seeding, Weeding, Livestock Farming, Other Applications
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What are the Emerging Trends Shaping the Future of the Farm Machinery And Equipment Market?
The key trends in the farm machinery and equipment market are:
• The rise of precision agriculture, robotics, and automation is shaping the market.
• Internet of Things (IoT) and data analytics have become prominent trends.
• Sustainable farming equipment and practices are on the rise.
• Electric and hybrid machinery are poised to impact the market significantly.
Who Are the Top Competitors & Leading Players in the Farm Machinery And Equipment Market?
Major companies in the farm machinery and equipment market are:
• John Deere
• AGCO Corporation
• CNH Industrial
• Kubota Corporation
• Mahindra & Mahindra Ltd.
• CLAAS KGaA mbH
• Yanmar Co., Ltd.
• Escorts Limited
• Valmont Industries, Inc.
• Bucher Industries
• Fendt
• SAME Deutz-Fahr Group
• Iseki & Co., Ltd.
• Kioti Tractor
• JCB Limited
• Massey Ferguson
• Zetor Tractors a.s.
• New Holland Agriculture
• McCormick Tractors International Ltd.
• V.S.T. Tillers Tractors Ltd.
• Argo Tractors S.p.A.
• Kuhn Group
• Lindsay Corporation
• TAFE
• Tractors and Farm Equipment Limited
• Vermeer Corporation
• Alamo Group Inc.
• Krone Group
• HORSCH Maschinen GmbH
• Amazone H. Dreyer GmbH & Co. KG
• Hardi International
Regional Dominance: Which Area Leads the Global Template Market?
Asia-Pacific was the largest region in the farm machinery and equipment market in 2024
