Global Farm Equipment
Market Report
2025
The global farm equipment market size is USD 115.4 billion in 2024. The farm equipment market will show strongest growth with a compound annual growth rate (CAGR) of 4% from 2024 to 2031. This growth can be attributed to increasing dependence on equipment technology.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Country Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
North Americ Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Europe Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Asia Pacific Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
South America Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Middle East and Africa Market Size | 121212 | 121212 | 121212 | 121212 | 121212 |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Power Output |
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Market Split by Drive Type |
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Market Split by Function |
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Market Split by Equipment Type |
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Market Split by Product Type |
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Market Split by Type |
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Market Split by Propulsion |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Farm Equipment industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Farm Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The tools that farmers use to carry out specific agricultural tasks are referred to as agriculture equipment. An increasing number of these tools are being automated. Agriculture equipment is outfitted with GPS systems, Internet of Things apps, and other features that are used in all verticals, such as soil preparation, threshing, harvesting, and land development. Every year, there is a growing demand for agricultural instruments. By making investments in the farm tool industry, governmental organizations give farmers access to suitable interest programs. Additionally, the reality of contract farming has spurred the expansion of the agricultural equipment sector. Important stakeholders are apprehensive about endorsing equipment that has been certified by global standards like ISO 25119 Series. The ISO technical committee "ISO/TC23," which is subcommittee SC19 that deals with tractors and machinery for agriculture and forestry, developed it. A run that lasts longer and doesn't require recovery time acknowledges these requirements.
We have various report editions of Farm Equipment Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In July 2023, the company's high-performance XERION 12 Series tractors were unveiled by CLAAS KGaA mbH. The very effective low-engine speed drive concept 2.0 is incorporated with the two new tractor types. (Source: https://www.claas.co.in/products/tractors/xerion-12)
Top Companies Market Share in Farm Equipment Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. Large tracts of agriculture can be found throughout North America, especially in the United States and Canada. This means that there is a significant need for equipment to effectively run these big farms. Mechanization has a major role in North American agriculture's production boost. Tractors, harvesters, and other agricultural machinery are therefore in high demand.
Asia-Pacific stands out as the fastest-growing region in the farm equipment market due to a considerable transition from traditional to modern farming practices is occurring in countries like China and India. This involves the use of cutting-edge farm equipment for the adoption of new technologies like automation and precision agriculture. With the help of subsidies and other rewards, the regional governments are aggressively pushing farm mechanization. Farmer purchases of new equipment are now easier as a result of this.
The current report Scope analyzes Farm Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Farm Equipment Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Farm Equipment Industry growth. Farm Equipment market has been segmented with the help of its Power Output, Drive Type Function, and others. Farm Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
This report categorizes competitors in the pharmaceutical and healthcare market based on their product offerings and business models. It includes key details such as definitions, benefits, applications, technological advancements, and regional advantages for each type of pharmaceutical product, including small molecule drugs, biologics, and biosimilars.
Market growth figures, such as market share percentages, revenue, and growth rates (e.g., CAGR), are provided for each segment over the specified period (2019-2023). The report covers various segments
Power Output of Farm Equipment analyzed in this report are as follows:
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This report analyzes revenue growth in the pharma and healthcare industry at global, regional, and national levels, highlighting trends and opportunities for each application. It explores how sectors like pharmaceuticals, therapy, and healthcare monitoring use innovations to address healthcare needs. Key factors include market size, revenue contributions, technological advancements (e.g., AI-driven diagnostics), and regulatory considerations. The report also covers the value chain, identifying key players and processes within the industry. For more information, please request a sample or contact our research team.
Some of the key Drive Type of Farm Equipment are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, Tractors is the dominant category. Plowing, planting, cultivating, harvesting, and material transportation are just a few of the many jobs that tractors can perform. By lowering the time and labor needed to complete tasks, tractors can greatly improve the efficiency of farm operations. A wide range of farms, from tiny family farms to major agribusinesses, can benefit from tractors due to their availability in various sizes and horsepower ratings. When compared to other agricultural equipment categories like combiners and harvesters, tractors are comparatively more-cheap. .
Senior Research Associate at Cognitive Market Research
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.
Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over three years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies.
In her current role, Manjiri handles the market research related to Pharma and healthcare industry. Her passion lies in utilizing innovative approaches to distill complex information into strategic insights that empower organizations to make informed decisions.Manjiri remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Farm Equipment Market is witnessing significant growth in the near future.
In 2023, the <30 HP segment accounted for noticeable share of global Farm Equipment Market and is projected to experience significant growth in the near future.
The Two Wheel segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies AGCO Corporation, APV GmbH and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Power Output | <30 HP, 31-70 HP, 71-130 HP, 131-250 HP, >250 HP |
Drive Type | Two Wheel, Four Wheel |
Function | Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others |
Equipment Type | Cereal Combines, Non-Cereal Combines, Balers, Tractor Mounted Sprays, Self-Propelled Sprays |
Product Type | Tractors, Combines, Sprayers, Others |
Type | Light Duty Tractors, Medium Duty Tractors, Heavy Duty Tractors |
Propulsion | Battery Electric, Hybrid Electric |
List of Competitors | AGCO Corporation, FlieglAgro-Center GmbH, APV GmbH, Bellota Agrisolutions, CLAAS KGaAmbH, CNH Industrial N.V., Deere & Company, Escorts Limited, HORSCH Maschinen GmbH, ISEKI & Co., Ltd., J C Bamford Excavators Ltd, Quivogne CEE GmbH (Kiwon RUS LLC), Rostselmash, KRUKOWIAK, KUBOTA Corporation, KUHN SAS, LEMKEN GmbH & Co. KG, Mahindra & Mahindra Ltd., MascarSpA, MaschioGaspardo S.p.A, MaterMacc S.p.A, Morris Equipment Ltd, SDF S.p.A., Tractors and Farm Equipment Limited (TAFE), Väderstad AB, Valmont Industries, Inc. |
This chapter will help you gain GLOBAL Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review Global Farm Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review North America Farm Equipment Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review Europe Farm Equipment Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review Asia Pacific Farm Equipment Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review South America Farm Equipment Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review Middle East Farm Equipment Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Farm Equipment. Further deep in this chapter, you will be able to review Middle East Farm Equipment Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Farm Equipment. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Power Output Analysis 2019 -2031, will provide market size split by Power Output. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Power Output Analysis 2021 - 2033
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Chapter 11 Market Split by Drive Type Analysis 2021 - 2033
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Chapter 12 Market Split by Function Analysis 2021 - 2033
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Chapter 13 Market Split by Equipment Type Analysis 2021 - 2033
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Chapter 14 Market Split by Product Type Analysis 2021 - 2033
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Chapter 15 Market Split by Type Analysis 2021 - 2033
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Chapter 16 Market Split by Propulsion Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Farm Equipment market
Chapter 17 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 18 Research Methodology and Sources
Why <30 HP have a significant impact on Farm Equipment market? |
What are the key factors affecting the <30 HP and 31-70 HP of Farm Equipment Market? |
What is the CAGR/Growth Rate of Two Wheel during the forecast period? |
By type, which segment accounted for largest share of the global Farm Equipment Market? |
Which region is expected to dominate the global Farm Equipment Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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