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World Agricultural Equipment

World Agricultural Equipment

Through 2019, increases in the global agricultural equipment market will average 6.6 percent per year to nearly $194 billion. Growth will be fueled by advances in world agricultural output. Additionally, many farmers in developing nations will transition from manual farming to mechanized farming techniques in order to boost production and increase the efficiency of their operations.

In this report, the world agricultural industry is segmented by product type. Data is provided in millions of US dollars.

Among the major agricultural equipment products covered by this study are:
Farm Tractors
Harvesting Machinery
Planting & Fertilizing Machinery
Haying Machinery
Livestock Machinery
Plowing & Cultivating Machinery
Other Agricultural Equipment
Parts & Attachments

Farm tractors are the most widely used type of agricultural equipment in both dollar and unit terms because of their suitability for a wide range of applications. Through 2019, sales of livestock machinery are projected to climb at the market’s fastest pace. As personal incomes in industrializing nations rise, demand for dairy, poultry, and meat will increase significantly. In response, farmers in these countries will invest in new livestock equipment. Many farmers will also replace older livestock machinery in order to ramp up production and boost the efficiency of their operations.

In this study, historical demand and forecasts are presented for 19 countries in the following regions:
North America
Western Europe
Asia/Pacific
Central & South America
Eastern Europe
Africa/Mideast

The Africa/Mideast and Asia/Pacific regions are projected to record the fastest gains during the 2014-2019 period because of strong gains in agricultural activity. Additionally, farmers in both regions will increase their use of mechanized farming techniques, leading to a rise in product demand. Growth in the North American agricultural equipment market are expected to slow noticeably, following a period of fairly strong gains. In contrast, advances in the West European market will accelerate between 2014 and 2019, as economic conditions improve and agricultural output rises. Farmers will also invest in new machinery in order to be more competitive globally.

The global agricultural equipment industry includes thousands of manufacturers. While some suppliers are fairly small industrial enterprises with limited product offerings, other companies operate on a multinational level and have extensive agricultural equipment portfolios. Among the global agricultural machinery industry leaders are AGCO, Bucher Industries, CNH Industrial, Deere, Lovol Heavy Industry, Kubota, Mahindra & Mahindra, SAME DEUTZ-FAHR, and Yanmar.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table WORLD AGRICULTURAL EQUIPMENT DEMAND (million dollars)
  • MARKET ENVIRONMENT
    • General
    • World Economic Overview
      • Recent Historical Trends
      • World Economic Outlook
        • Table WORLD GROSS DOMESTIC PRODUCT BY REGION (billion 2013 dollars)
    • World Demographic Outlook
      • Population
        • Table WORLD POPULATION BY REGION (million persons)
      • Nonurban Population
        • Table WORLD NONURBAN POPULATION BY REGION (million persons)
    • World Cultivated Land
      • Table WORLD CULTIVATED LAND BY COUNTRY, 2014 (million hectares)
    • World Agricultural Outlook
      • Table WORLD AGRICULTURAL VALUE ADDED BY REGION (billion 2013 dollars)
    • World Agricultural Land Usage
      • Table WORLD AGRICULTURAL LAND USAGE BY REGION & CROP (million hectares)
      • Table WORLD AREA HARVESTED BY REGION, 2014 (1.5 billion hectares)
      • Table WORLD AREA HARVESTED BY CROP, 2014 (1.5 billion hectares)
    • Labor Force Productivity in Agriculture
      • Table AGRICULTURAL LABOR FORCE PRODUCTIVITY FOR SELECTED COUNTRIES, 2014
    • Pricing Patterns
      • Table WORLD AGRICULTURAL EQUIPMENT PRICING PATTERNS
    • Technology Trends
    • Legal & Regulatory Environment
    • Functional Competition
  • OVERVIEW
    • General
    • Regional Overview
      • Demand
        • Table WORLD AGRICULTURAL EQUIPMENT DEMAND BY REGION (million dollars)
        • Table WORLD AGRICULTURAL EQUIPMENT DEMAND BY REGION, 2014 ($140.7 billion)
        • Table WORLD AGRICULTURAL EQUIPMENT DEMAND PROJECTED 2014-2019 RATE OF GROWTH
      • Production
        • Table WORLD AGRICULTURAL EQUIPMENT SHIPMENTS BY REGION (million dollars)
        • Table WORLD AGRICULTURAL EQUIPMENT PRODUCTION BY REGION, 2014 ($140.7 billion)
      • International Trade
        • Table WORLD AGRICULTURAL NET EXPORTS BY REGION (million dollars)
    • Demand by Type
      • Table WORLD AGRICULTURAL EQUIPMENT DEMAND BY PRODUCT
      • Table WORLD AGRICULTURAL EQUIPMENT DEMAND BY PRODUCT, 2014 ($140.7 billion)
      • Farm Tractors
        • Table WORLD FARM TRACTOR DEMAND BY TYPE & REGION (million dollars)
        • Table WORLD FARM TRACTOR DEMAND BY REGION, 2014 ($50.4 billion)
      • Harvesting Machinery
        • Table WORLD HARVESTING MACHINERY DEMAND BY REGION (million dollars)
      • Planting & Fertilizing Machinery
        • Table WORLD PLANTING & FERTILIZING MACHINERY DEMAND BY REGION (million dollars)
      • Haying Machinery
        • Table WORLD HAYING MACHINERY DEMAND BY REGION (million dollars)
      • Livestock Machinery
        • Table WORLD LIVESTOCK MACHINERY DEMAND BY REGION (million dollars)
      • Plowing & Cultivating Machinery
        • Table WORLD PLOWING & CULTIVATING MACHINERY DEMAND BY REGION (million dollars)
      • Other Agricultural Equipment
        • Table WORLD DEMAND FOR OTHER AGRICULTURAL EQUIPMENT BY REGION (million dollars)
      • Parts & Attachments
        • Table WORLD DEMAND FOR AGRICULTURAL EQUIPMENT PARTS & ATTACHMENTS BY REGION (million dollars)
  • NORTH AMERICA
    • North America: Economic Overview
    • North America: Agricultural Equipment Supply & Demand
      • Table NORTH AMERICA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Table NORTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY COUNTRY, 2014 ($30.8 billion)
    • North America: Agricultural Equipment Market Outlook
      • Table NORTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Table NORTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE, 2014 ($30.8 billion)
    • United States
      • United States: Economic Overview
      • United States: Agricultural Equipment Supply & Demand
        • Table UNITED STATES: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • United States: Agricultural Equipment Market Outlook
        • Table UNITED STATES: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Canada
      • Canada: Economic Overview
      • Canada: Agricultural Equipment Supply & Demand
        • Table CANADA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million US dollars)
      • Canada: Agricultural Equipment Market Outlook
        • Table CANADA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million US dollars)
    • Mexico
      • Mexico: Economic Overview
      • Mexico: Agricultural Equipment Supply & Demand
        • Table MEXICO: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Mexico: Agricultural Equipment Market Outlook
        • Table MEXICO: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
  • WESTERN EUROPE
    • Western Europe: Economic Overview
    • Western Europe: Agricultural Equipment Supply & Demand
      • Table WESTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Table WESTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY COUNTRY, 2014 ($26.3 billion)
    • Western Europe: Agricultural Equipment Market Outlook
      • Table WESTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Table WESTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE, 2014 ($26.3 billion)
    • France
      • France: Economic Overview
      • France: Agricultural Equipment Supply & Demand
        • Table FRANCE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • France: Agricultural Equipment Market Outlook
        • Table FRANCE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Germany
      • Germany: Economic Overview
      • Germany: Agricultural Equipment Supply & Demand
        • Table GERMANY: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Germany: Agricultural Equipment Market Outlook
        • Table GERMANY: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Italy
      • Italy: Economic Overview
      • Italy: Agricultural Equipment Supply & Demand
        • Table ITALY: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Italy: Agricultural Equipment Market Outlook
        • Table ITALY: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • United Kingdom
      • United Kingdom: Economic Overview
      • United Kingdom: Agricultural Equipment Supply & Demand
        • Table UNITED KINGDOM: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • United Kingdom: Agricultural Equipment Market Outlook
        • Table UNITED KINGDOM: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Netherlands
      • Netherlands: Economic Overview
      • Netherlands: Agricultural Equipment Supply & Demand
        • Table NETHERLANDS: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Netherlands: Agricultural Equipment Market Outlook
        • Table NETHERLANDS: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Spain
      • Spain: Economic Overview
      • Spain: Agricultural Equipment Supply & Demand
        • Table SPAIN: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Spain: Agricultural Equipment Market Outlook
        • Table SPAIN: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Other Western Europe
      • Other Western Europe: Economic Overview
      • Other Western Europe: Agricultural Equipment Supply & Demand
        • Table OTHER WESTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Other Western Europe: Agricultural Equipment Market Outlook
        • Table OTHER WESTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Other Western Europe: Agricultural Equipment Supply & Demand by Country
        • Table OTHER WESTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND BY COUNTRY (million dollars)
  • ASIA/PACIFIC
    • Asia/Pacific: Economic Overview
    • Asia/Pacific: Agricultural Equipment Supply & Demand
      • Table ASIA/PACIFIC: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Table ASIA/PACIFIC: AGRICULTURAL EQUIPMENT DEMAND BY COUNTRY, 2014 ($53.4 billion)
    • Asia/Pacific: Agricultural Equipment Market Outlook
      • Table ASIA/PACIFIC: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Table ASIA/PACIFIC: AGRICULTURAL MACHINERY DEMAND BY TYPE, 2014 ($53.4 billion)
    • China
      • China: Economic Overview
      • China: Agricultural Equipment Supply & Demand
        • Table CHINA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • China: Agricultural Equipment Market Outlook
        • Table CHINA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • India
      • India: Economic Overview
      • India: Agricultural Equipment Supply & Demand
        • Table INDIA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • India: Agricultural Equipment Market Outlook
        • Table INDIA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Japan
      • Japan: Economic Overview
      • Japan: Agricultural Equipment Supply & Demand
        • Table JAPAN: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Japan: Agricultural Equipment Market Outlook
        • Table JAPAN: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Australia
      • Australia: Economic Overview
      • Australia: Agricultural Equipment Supply & Demand
        • Table AUSTRALIA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million US dollars)
      • Australia: Agricultural Equipment Market Outlook
        • Table AUSTRALIA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million US dollars)
    • South Korea
      • South Korea: Economic Overview
      • South Korea: Agricultural Equipment Supply & Demand
        • Table SOUTH KOREA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • South Korea: Agricultural Equipment Market Outlook
        • Table SOUTH KOREA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Thailand
      • Thailand: Economic Overview
      • Thailand: Agricultural Equipment Supply & Demand
        • Table THAILAND: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Thailand: Agricultural Equipment Market Outlook
        • Table THAILAND: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Other Asia/Pacific
      • Other Asia/Pacific: Economic Overview
      • Other Asia/Pacific: Agricultural Equipment Supply & Demand
        • Table OTHER ASIA/PACIFIC: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Other Asia/Pacific: Agricultural Equipment Market Outlook
        • Table OTHER ASIA/PACIFIC: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
  • OTHER REGIONS
    • Central & South America
      • Central & South America: Economic Overview
      • Central & South America: Agricultural Equipment Supply & Demand
        • Table CENTRAL & SOUTH AMERICA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table CENTRAL & SOUTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY COUNTRY, 2014 ($13.5 billion)
      • Central & South America: Agricultural Equipment Market Outlook
        • Table CENTRAL & SOUTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
        • Table CENTRAL & SOUTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE, 2014 ($13.5 billion)
      • Brazil
        • Table BRAZIL: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table BRAZIL: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Other Central & South America
        • Table OTHER CENTRAL & SOUTH AMERICA AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table OTHER CENTRAL & SOUTH AMERICA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
    • Eastern Europe
      • Eastern Europe: Economic Overview
      • Eastern Europe: Agricultural Equipment Supply & Demand
        • Table EASTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table EASTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY COUNTRY, 2014 ($10.6 billion)
      • Eastern Europe: Agricultural Equipment Market Outlook
        • Table EASTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
        • Table EASTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE, 2014 ($10.6 billion)
      • Russia
        • Table RUSSIA: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table RUSSIA: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Poland
        • Table POLAND: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table POLAND: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Other Eastern Europe
        • Table OTHER EASTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table OTHER EASTERN EUROPE: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
        • Table OTHER EASTERN EUROPE: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND BY COUNTRY (million dollars)
    • Africa/Mideast
      • Africa/Mideast: Economic Overview
      • Africa/Mideast: Agricultural Equipment Supply & Demand
        • Table AFRICA/MIDEAST: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
      • Africa/Mideast: Agricultural Equipment Market Outlook
        • Table AFRICA/MIDEAST: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
        • Table AFRICA/MIDEAST: AGRICULTURAL EQUIPMENT DEMAND BY TYPE, 2014 ($6.2 billion)
      • Turkey
        • Table TURKEY: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table TURKEY: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
      • Other Africa/Mideast
        • Table OTHER AFRICA/MIDEAST: AGRICULTURAL EQUIPMENT SUPPLY & DEMAND (million dollars)
        • Table OTHER AFRICA/MIDEAST: AGRICULTURAL EQUIPMENT DEMAND BY TYPE (million dollars)
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table AGRICULTURAL EQUIPMENT SALES BY COMPANY, 2014 (million dollars)
    • Market Share
      • Table AGRICULTURAL EQUIPMENT MARKET SHARE, 2014 ($140.7 billion)
    • Product Development & Manufacturing
    • Marketing & Distribution
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Mergers & Acquisitions
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Company Profiles
      • AGCO Corporation
      • Alamo Group Incorporated
      • AMAZONEN-Werke H. Dreyer GmbH & Company KG
      • ARGO SpA
      • Bamford (JC) Excavators Limited
      • Bucher Industries AG
      • Changzhou Dongfeng Agricultural Machinery Group Company Limited
      • China National Machinery Industry Corporation
      • CLAAS KGaA mbH
      • CNH Industrial NV
      • Daedong Industrial Company Limited
      • Deere & Company
      • Escorts Limited
      • Exel Industries SA
      • Iseki & Company Limited
      • Kubota Corporation
      • Kukje Machinery Company Limited
      • Lovol Heavy Industry Company Limited
      • Mahindra & Mahindra Limited
      • Minsk Tractor Works OJSC
      • Netafim Limited
      • OAO Rostselmash
      • SAME DEUTZ-FAHR Group SpA
      • Shandong Shifeng Group Company Limited
      • Tetra Laval International SA
      • Tong Yang Moolsan Company Limited
      • Tractors and Farm Equipment Limited
      • Valmont Industries Incorporated
      • WORLD Group Company Limited
      • Yamabiko Corporation
      • Yanmar Holdings Company Limited
      • ZETOR TRACTORS as
    • Other Companies Mentioned in Study

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