Farm Mechanization Market

Farm mechanization automates the agricultural process by utilizing the agricultural machinery with the aim to increase the productivity and profitability of farm workers. This mechanized farming technique helps the farmers to gain accuracy in farm operations, delivers precision in metering and placement of inputs, lowers the available input losses, enhances the utilization efficiency of expensive inputs such as seed, chemical, fertilizer, irrigation, and water, and reduces the unit cost of the total produce. Farm mechanization also aids in the conservation of the agricultural produce and by-products from quantitative and qualitative damages, enables the establishment of agro-processing enterprises for additional income, and employment generation from farm produce.

Farm Mechanization Market contains market size and forecasts of Farm Mechanization in Global, including the following market information:

Global Farm Mechanization Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Farm Mechanization 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.

Tractor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Farm Mechanization include John Deere, Mahindra, TAFE, International Tractors, AGCO, Beri Udyog, CLAAS, CNH Industrial and Daedong Industrial, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Farm Mechanization 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 Mechanization Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Farm Mechanization Market Segment Percentages, by Type, 2021 (%)

Tractor

Harvester

Power Tiller

Rice Transplanter

Laser and Leveler

Other

Global Farm Mechanization Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Farm Mechanization Market Segment Percentages, by Application, 2021 (%)

Government

Individual Users

Other

Global Farm Mechanization Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Farm Mechanization 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 Mechanization revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Farm Mechanization revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

John Deere

Mahindra

TAFE

International Tractors

AGCO

Beri Udyog

CLAAS

CNH Industrial

Daedong Industrial

Escorts Group

Fotol Lovol

Kubota Tractors

KUHN Group

Lemken India

McCormick

Pottinger

SDF Group