Report ID: SQSG20H2003
Report ID:
SQSG20H2003 |
Region:
Global |
Published Date: August, 2025
Pages:
183
|Tables:
69
|Figures:
75
Global Agriculture Equipment Market size was valued at USD 171.8 Billion in 2024 and is poised to grow from USD 180.56 Billion in 2025 to USD 268.81 Billion by 2033, growing at a CAGR of 5.1% during the forecast period (2026–2033).
The farm equipment industry is extremely competitive, with industry leaders such as John Deere, AGCO, and Kubota concentrating on AI adoption, autonomous equipment, and sustainability. John Deere introduced fully autonomous tractors recently, and AGCO invested in precision planting technologies with its Fendt brand. They are making tech alliances—such as CNH Industrial's acquisition of Raven Industries—to improve digital skills and minimize downtime in operations through predictive maintenance and smart telemetry systems. 'AGCO Corporation', 'Bellota Agrisolutions', 'CLAAS KGaAmbH', 'CNH Industrial N.V.', 'FlieglAgro-Center GmbH', 'APV GmbH', 'Deere & Company', 'Escorts Limited', 'HORSCH Maschinen GmbH', 'ISEKI & Co., Ltd.', 'J C Bamford Excavators Ltd', 'KUBOTA Corporation'
Growing emphasis on improving agricultural yield and maximization of agricultural productivity has resulted in the high adoption of mechanical machines in agriculture. Mechanization improves efficiency, reduces time, and minimizes manual effort, making it essential for modern farming, which in turn drives the global agriculture equipment market outlook as well.
Use of Autonomous Equipment: Agriculture equipment companies should invest in research and development of autonomous equipment to help boost the use of automation in farming. Focusing on this agriculture equipment market trend can help farmers improve their large-scale farming potential, reduce waste, and also reduce reliance on labor to help make the most of the agriculture industry in the long run.
How are Government Policies in the Asia-Pacific Driving the Growth of the Agriculture Equipment Market?
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Report ID: SQSG20H2003