Farm Machinery Market

Farm machinery?means all machines and tools that are used in the production, harvesting, and care of farm products, and includes trailers that are used to transport agricultural produce or agricultural production materials between a local place of storage or supply and the farm, agricultural tractors, threshing machinery, hay-baling machinery, corn shellers, hammermills, and machinery used in the production of horticultural, agricultural, and vegetable products.

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

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

Global top five companies in 2021 (%)

The global Farm Machinery 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.

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

The global key manufacturers of Farm Machinery include Deere & Company, CNH Industrial N.V., AGCO Corp., CLAAS Group, Kubota Corporation, Argo Group, Same Deutz Fahr Group, Rostselmash and Iseki & Co., Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Farm Machinery 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 Machinery Market, by Type, 2017-2022, 2023-2028 ($ millions)

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

Tractors

Harvesters

Planting Equipment

Irrigation & Crop Processing Equipment

Spraying Equipment

Hay & Forage Equipment

Others

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

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

Land Development & Seed Bed Preparation

Sowing & Planting

Weed Cultivation

Plant Protection

Harvesting & Threshing

Post-Harvest & Agro Processing

Others

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

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

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

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

Deere & Company

CNH Industrial N.V.

AGCO Corp.

CLAAS Group

Kubota Corporation

Argo Group

Same Deutz Fahr Group

Rostselmash

Iseki & Co., Ltd.

Yanmar Co., Ltd

J.C. Bamford Excavators Limited

Mahindra & Mahindra Limited

Horsch Maschinen GmbH

Dewulf NV

Escorts Limited

Kongskilde

Valmont Industries, Inc.

T.A.F.E. (Tractors & Farm Equipment Ltd.)

Morris Industries Ltd.

Maschio Gaspardo S.P.A.

MaterMacc S.p.A.

Lemken

YTO Group Corporation

Thinker Agricultural Machinery Co.,Ltd.

Lovol Heavy Industry