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Agricultural Machinery and Equipment Market, Global Outlook and Forecast 2023-2035

  • Writer: Siddhi Patil
    Siddhi Patil
  • Aug 7, 2023
  • 3 min read

The global Agricultural Machinery and Equipment market was valued at US$ 127070 million in 2022 and is projected to reach US$ 174010 million by 2035, at a CAGR of 4.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


This report mainly studies agricultural machinery and equipment market. Agricultural machinery is machinery used in farming or other agriculture.

Report Sample includes: - Table of Contents - List of Tables & Figures - Charts - Research Methodology Get FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-agricultural-machinery-equipment-forecast-2023-2035-884


This report aims to provide a comprehensive presentation of the global market for Agricultural Machinery and Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Agricultural Machinery and Equipment. This report contains market size and forecasts of Agricultural Machinery and Equipment in global, including the following market information:

Global Agricultural Machinery and Equipment Market Revenue, 2018-2023, 2024-2035, ($ millions)

Global top five companies in 2022 (%)

Global key players of agricultural machinery and equipment include John Deere, Kubota, AGCO, CNH Industrial(Case IH and New Holland), Claas, etc. The top five players hold a share over 48%. Asia-Pacific is the largest market, has a share about 41%, followed by North America and Europe, with share 24% and 23%, separately. In terms of product type, Tractors is the largest segment, occupied for a share of 53%, and in terms of application, Crops has a share about 72 percent.

We surveyed the Agricultural Machinery and Equipment 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 Agricultural Machinery and Equipment Market, by Type, 2018-2023, 2024-2035 ($ millions)

Global Agricultural Machinery and Equipment Market Segment Percentages, by Type, 2022 (%)


  • Tractors

  • Harvesters

  • Planting Equipment

  • Irrigation & Crop Processing Equipment

  • Spraying Equipment

  • Hay & Forage Equipment

  • Others

Global Agricultural Machinery and Equipment Market, by Application, 2018-2023, 2024-2035 ($ millions)

Global Agricultural Machinery and Equipment Market Segment Percentages, by Application, 2022 (%)


  • Agriculture

  • Horticulture

  • Animal husbandry

  • Forestry

  • Other

Global Agricultural Machinery and Equipment Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions)

Global Agricultural Machinery and Equipment Market Segment Percentages, By Region and Country, 2022 (%)


  • North America (United States, Canada, Mexico)

  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)

  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)

  • The Middle East and Africa (Middle East, Africa)

  • South and Central America (Brazil, Argentina, Rest of SCA)

Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Agricultural Machinery and Equipment revenues in global market, 2018-2023 (estimated), ($ millions)

  • Key companies Agricultural Machinery and Equipment revenues share in global market, 2022 (%)

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


  • John Deere

  • AGCO

  • Horsch Maschinen

  • CNH Industrial N.V.

  • Iseki

  • Same Deutz-Fahr Group S.p.A. (SDF)

  • JCB

  • Kubota

  • Mahindra & Mahindra

  • Escorts Group

  • Kongskilde

  • Kivon RUS

  • Valmont Industries, Inc.

  • TAFE

  • Rostselmash

  • Morris Industries Ltd.

  • Maschio Gaspardo S.P.A.

  • MaterMacc S.p.A.

  • Lemken

Outline of Major Chapters:


Chapter 1: Introduces the definition of Agricultural Machinery and Equipment, market overview.

Chapter 2: Global Agricultural Machinery and Equipment market size in revenue.

Chapter 3: Detailed analysis of Agricultural Machinery and Equipment company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Agricultural Machinery and Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: The main points and conclusions of the report.

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