Agriculture Equipment Market by Equipment Type (Agriculture Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, Agriculture Spraying & Handling Equipment, Soil Preparation & Cultivation Equipment, and Others (Hay & Forage Equipment, Trailers), by Application (Land Development, Sowing & Planting, Threshing and Harvesting, Plant Protection, and After Agro Processing), by North America (United States, Canada, Mexico), by South America (Brazil, Argentina, Rest of South America), by Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), by Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), by MEA (Middle East, Africa) Forecast 2024-2032
The Agriculture Equipment Market size was valued at USD 169.18 USD Billion in 2023 and is projected to reach USD 277.04 USD Billion by 2032, exhibiting a CAGR of 7.3 % during the forecast period. Agriculture Equipment is a term to describe the machines and tools used in farms to increase the efficiency and effectiveness of the farm. It includes simple tools like hand tools, to complicated pieces of equipment like machines. These include tractors, ploughs, harvesters, planters and irrigation equipment among others. Tractors are all-powerful and can be equipped with a cultivator attachment, which is designed for ploughing, tilling and planting. Cultural equipment for reaping includes combined harvesters. Planters allow seeds to be placed extremely carefully and advanced irrigation systems regulate the distribution of water. The contemporary farming equipment offers GPS, automation, and data to assist the farmers. These include precision agriculture which ensures that farmers do not waste and hence produce more. Today agriculture equipment has been used in various fields including crop cultivation; soil preparation; cultivation; irrigation as well and harvesting. The benefits are substantial: enhanced productivity, less human labour needed, greater crop production, and also improved sustainability. There is agriculture equipment that will help farmers to be able to meet the ever-increasing food demands in a manner that is friendly to the environment.
Equipment Type:
Application:
This report provides a comprehensive analysis of the global agriculture equipment market, including key insights, trends, and growth catalysts. It also includes market segmentation, leading players, significant developments, and regional insights.
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 7.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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