Farm Machinery Market

Farm machinery?means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.
Farm Machinery Market contains market size and forecasts of Farm Machinery in Global, including the following market information:
Global Farm Machinery Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Farm Machinery market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Tractors Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Farm Machinery include Deere & Company, CNH Industrial N.V., AGCO Corp., CLAAS Group, Kubota Corporation, Argo Group, Same Deutz Fahr Group, Rostselmash and Iseki & Co., Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Farm Machinery companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Farm Machinery Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Farm Machinery Market Segment Percentages, by Type, 2021 (%)
Tractors
Harvesters
Planting Equipment
Irrigation & Crop Processing Equipment
Spraying Equipment
Hay & Forage Equipment
Others
Global Farm Machinery Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Farm Machinery Market Segment Percentages, by Application, 2021 (%)
Land Development & Seed Bed Preparation
Sowing & Planting
Weed Cultivation
Plant Protection
Harvesting & Threshing
Post-Harvest & Agro Processing
Others
Global Farm Machinery Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Farm Machinery Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Farm Machinery revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Farm Machinery revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Deere & Company
CNH Industrial N.V.
AGCO Corp.
CLAAS Group
Kubota Corporation
Argo Group
Same Deutz Fahr Group
Rostselmash
Iseki & Co., Ltd.
Yanmar Co., Ltd
J.C. Bamford Excavators Limited
Mahindra & Mahindra Limited
Horsch Maschinen GmbH
Dewulf NV
Escorts Limited
Kongskilde
Valmont Industries, Inc.
T.A.F.E. (Tractors & Farm Equipment Ltd.)
Morris Industries Ltd.
Maschio Gaspardo S.P.A.
MaterMacc S.p.A.
Lemken
YTO Group Corporation
Thinker Agricultural Machinery Co.,Ltd.
Lovol Heavy Industry