Global Agricultural Machinery Market Size, Trends and Growth opportunity, By Product (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment), By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest, Agro-processing), By Region and forecast till 2027.
Global Agricultural Machinery Market
The global Agricultural Machinery Market was valued at USD 155.68 billion in 2021 and is expected to expand to USD 200 billion at a CAGR of 4.35% during the forecast period 2022-2027.
Agricultural Machinery performs various agricultural activities like harvesting, threshing and land development and operations lead automation to increase production in the agricultural sector. The integration of GPS solutions and the Internet of Things expands the market.
Market Drivers
The rising mechanization of farming activities along with technological advancement propelled the growth of the market. additionally, the government support loan waiver schemes for farmers to boost the growth of the market.
Increase urbanization causes a shortage in labour force farmers to adopt machinery driven the market growth. The varying climatic conditions globally demand cost-efficient machinery, particularly balers driving the demand for advanced agricultural Machinery.
Market Restraints
The high initial cost of agricultural machinery anticipated the growth of the Agricultural Machinery market.
COVID-19 Impact on Global Agricultural Machinery Market
The outbreak of covid-19 adversely impacted the market as a lockdown is imposed by the government disrupting manufacturing and supply chain.
Disruption in transportation as truck drivers not stepping out of their homes due to Fearing police affect the Global Agricultural Machinery Market.
Market Segmentation
The Global Agricultural Machinery Market is segmented based on Product, Application and region. Based on Product it is segmented into Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, and Others. Based on Application it is segmented into Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest &Agro-processing. Based on Region it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
• The Global Agricultural Machinery Market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. The Middle East and Africa dominate the market due to increasing demand for irrigated and crop processing Machinery in this region. also witnessed a significant rise in Agricultural Machinery Market.
Key Players
Various key players are listed in this report such as AGCO Corporation, FlieglAgro-Center GmbH, Agromaster, Amazone Inc, APV GmbH, Bellota Agrisolutions, CLAAS KGaAmbH, CNH Industrial NV, Deere & Company, Escorts Limited, HORSCH Maschinen GmbH, J C Bamford Excavators Ltd, Quivogne CEE GmbH, KRUKOWIAK, KUBOTA Corporation, KUHN SAS, LEMKEN GmbH & Co KG,Mahindra & Mahindra Ltd.
Market Taxonomy
By Product
§ Tractors
§ Harvesters
§ Planting Equipment
§ Irrigation & Crop Processing Equipment
§ Spraying Equipment
§ Hay & Forage Equipment
§ Others
By Application
§ Land Development & Seed Bed Preparation
§ Sowing & Planting
§ Weed Cultivation
§ Plant Protection
§ Harvesting & Threshing
§ Post-harvest &Agro-processing
By Region
§ North America
§ Europe
§ Asia Pacific
§ Latin America
§ Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Agricultural Machinery Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Agricultural Machinery Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Agricultural Machinery Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Agricultural Machinery Market Share Analysis, By Product
5.3 Global Agricultural Machinery Market Size and Forecast, By Product
5.3.1 Tractors
5.3.2 Harvesters
5.3.3 Planting Equipment
5.3.4 Irrigation & Crop Processing Equipment
5.3.5 Spraying Equipment
5.3.6 Hay & Forage Equipment
6 Global Agricultural Machinery Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Agricultural Machinery Market Share Analysis, By Application
6.3 Global Agricultural Machinery Market Size and Forecast, By Application
6.3.1 Land Development & Seed Bed Preparation
6.3.2 Sowing & Planting
6.3.3 Weed Cultivation
6.3.4 Plant Protection
6.3.5 Harvesting & Threshing
6.3.6 Post-harvest
6.3.7 Agro-processing
7 Global Agricultural Machinery Market, By Region
7.1 Global Agricultural Machinery Market Share Analysis, By Region
7.2 Global Agricultural Machinery Market Share Analysis, By Region
7.3 Global Agricultural Machinery Market Size and Forecast, By Region
8 North America Global Agricultural Machinery Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Agricultural Machinery Market Share Analysis, By Product
8.3 North America Global Agricultural Machinery Market Size and Forecast, By Application
8.4 North America Global Agricultural Machinery Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Agricultural Machinery Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Agricultural Machinery Market Share Analysis, By Product
9.3 Europe Global Agricultural Machinery Market Size and Forecast, By Application
9.4 Europe Global Agricultural Machinery Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Agricultural Machinery Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Agricultural Machinery Market Share Analysis, By Product
10.3 Asia Pacific Global Agricultural Machinery Market Size and Forecast, By Application
10.4 Asia Pacific Global Agricultural Machinery Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Agricultural Machinery Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Agricultural Machinery Market Share Analysis, By Product
11.3 Latin America Global Agricultural Machinery Market Size and Forecast, By Application
11.4 Latin America Global Agricultural Machinery Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Agricultural Machinery Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Agricultural Machinery Market Share Analysis, By Product
12.3 Middle East Global Agricultural Machinery Market Size and Forecast, By Application
12.4 Middle East Global Agricultural Machinery Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 AGCO Corporation
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 FlieglAgro-Center GmbH
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Agromaster
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Amazone Inc
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 APV GmbH
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 CLAAS KGaAmbH
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Bellota Agrisolutions
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 CNH Industrial NV
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Deere & Company
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Escorts Limited
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11 HORSCH Maschinen GmbH
14.11.1 Overview
14. 11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12 J C Bamford Excavators Ltd
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies
14.13 KRUKOWIAK
14.13.1 Overview
14.13.2 Offerings
14.13.3 Key Financials
14.13.4 Business Segment & Geographic Overview
14.13.5 Key Market Developments
14.13.6 Key Strategies
14.14 KUBOTA Corporation
14.14.1 Overview
14.14.2 Offerings
14.14.3 Key Financials
14.14.4 Business Segment & Geographic Overview
14.14.5 Key Market Developments
14.14.6 Key Strategies
14.15 LEMKEN GmbH & Co KG
14.15.1 Overview
14.15.2 Offerings
14.15.3 Key Financials
14.15.4 Business Segment & Geographic Overview
14.15.5 Key Market Developments
14.15.6 Key Strategies
14.16 Mahindra & Mahindra Ltd.
14.16.1 Overview
14.16.2 Offerings
14.16.3 Key Financials
14.16.4 Business Segment & Geographic Overview
14.16.5 Key Market Developments
14.16.6 Key Strategies
