Astute Analytica, a leading market research firm, has recently published its latest research report on the global Agriculture Equipment Market for the period 2023 to 2031. This survey study provides a detailed analysis of key market trends and offers valuable insights into the prospects of the industry.
The global agriculture equipment market was valued at US$ 257.07 billion in 2022 and is estimated to reach market revenue of US$ 519.44 billion by 2031 at a CAGR of 8.6% during the forecast period 2023–2031. In terms of volume, the market is growing at a CAGR of 6.0% during the same period.
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The report serves as a bridge between qualitative and statistical data in the Agriculture Equipment Market, presenting a comprehensive analysis of consumption and value historical data from 2023 to 2031, along with estimates for the future. It covers a wide range of topics, including supply-demand dynamics, market growth, improvement elements, business performance, economic indicators, and tactical suggestions. The report utilizes various statistical tools such as SWOT analysis, BCG analysis, and PESTLE analysis, presenting the data graphically for easy understanding.
In addition to providing data on market trends and developments, the study offers in-depth information on the evolution of the capital structure, technological advancements, and the capabilities of participants in the Agriculture Equipment Market. It also highlights the strategies implemented in response to the current and future conditions of the industry.
Prominent Key Players
- AGCO Corporation
- Bellota
- China National Machinery Industry Corporation Ltd.
- CLAAS KGaA MBH
- CNH Industrial N.V.
- Deere & Company
- Escorts Limited
- Horsch Maschinen GmbH
- J.C. Bamford Excavators Ltd.
- Kubota Corporation
- Mahindra & Mahindra Ltd.
- MARUYAMA MFg., Co.Inc.
- Maschio Gaspardo S.P.A.
- Mater Macc S.p.A.
- Morris Industries Ltd.
- SDF S.p.A.
- TAFE
- Valmont Industries, Inc.
- Other Prominent Players
Moreover, the report showcases the expansion potential of the Agriculture Equipment Market for different product categories driven by crucial businesses. Each regional market is thoroughly examined to assess its growth, development, and future demand. The authors of the report provide detailed market potential estimates for major applications and identify emerging prospects.
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Furthermore, the report includes a detailed analysis of Agriculture Equipment product sales in major countries worldwide, offering a segmented outlook for each of these nations from 2023 to 2031.
Segmentation Analysis
By Equipment Type
- Soil Cultivation Machinery
- Cultivator
- Cultipacker
- Plough
- Rotary Tiller
- Harrow
- Others
- Planting Machinery
- Seed Drill
- Broadcast Seeder
- Seed cum fertilizer Drill
- Fertilizing & Pest Control Machinery
- Manure Spreader
- Slurry Tank
- Sprayer
- Irrigation Equipment
- Centrifugal Pumps
- Sprinklers
- Others
- Harvesting & Threshing Equipment
- Combine Harvester
- Sickle
- Mower
- Reaper
- Threshers
- Tractors
- Others
By Power Output
- <30 HP
- 31-70 HP
- 71-130 HP
- 131-250 HP
- >250 HP
By Drive Type
- Two-Wheel Drive
- Four-Wheel Drive
By Application
- Land Development & Seed Bed Preparation
- Sowing & Planting
- Weed Cultivation
- Plant Protection
- Harvesting & Threshing
- Post-Harvest & Agro Processing
By Distribution Channel
- OEM
- Aftermarket
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The UK
- Germany
- France
- Italy
- Spain
- Poland
- Russia
- Belgium
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia & New Zealand
- South Korea
- ASEAN
- Thailand
- Singapore
- Vietnam
- Indonesia
- Malaysia
- Philippines
- Rest of ASEAN
- Rest of Asia Pacific
- Middle East & Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
- South America
- Argentina
- Brazil
- Rest of South America
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