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Agricultural Machinery Manufacturing

Publisher First Research, Inc.
Published Jan 20, 2026
SKU # FRRS20830155

Description

Brief Excerpt from Industry Overview Chapter:

Companies in this industry manufacture agricultural equipment and machinery, as well as commercial turf and lawn care equipment. Major companies include AGCO, Deere & Company, and Lindsay Corporation (all based in the US), along with CLAAS (Germany), CNH Industrial (UK), Kubota (Japan), Mahindra & Mahindra (India), and Shifeng Group and YTO Group (China).

Worldwide, the agricultural and farm machinery market size accounted for $196.5 billion in 2022 and is forecasted to reach a market size of over $485 billion by 2032 growing at a compound annual growth rate of 8.6% from 2023 to 2032, according to Globe Newswire. Europe, the US, and China are the largest markets.

The US agricultural machinery manufacturing industry includes about 1,000 companies with combined annual revenue of about $25 billion.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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