2026 Global: Agricultural Equipment-Competitive Review (2032) report
Description
The 2026 Global: Agricultural Equipment-Competitive Review (2031) report features the global market size and projected growth/decline data for the period 2021 through 2032. The report primarily provides an examination of the business strategies for the ten largest global companies in the market and how their strategies differ.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for agricultural equipment by geography and historical trend. The scope of the report extends to sizing of the agricultural equipment market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
John Deere, CNH Industrial (Case IH and New Holland), AGCO, Kubota, CLAAS, Caterpillar, Mahindra & Mahindra, SDF Group (SAME Deutz‑Fahr), Yanmar, and Rostselmash rank among the ten major global agricultural‑equipment companies by scale, product breadth, and market influence. Deere (Deere & Company) leads with comprehensive tractors, combines, and precision‑agriculture systems and a vast dealer network that anchors its global dominance. CNH Industrial leverages dual brands Case IH and New Holland to cover diverse regional segments and advanced solutions including large row‑crop tractors and harvesting platforms. AGCO’s multi‑brand strategy (Fendt, Massey Ferguson, Valtra) provides premium and mass‑market coverage and emphasizes modular designs and digital platform integration. Kubota specializes in small‑to‑midsize tractors, rice‑field machinery and small diesel engines, giving it particular strength in Asia and smallholder markets. CLAAS is a global leader in harvesting equipment—especially combines and forage harvesters—backed by German engineering and a strong focus on mechanized harvesting innovation. Caterpillar supplies heavy‑duty machines that overlap into agricultural applications and brings scale, durability and extensive global service capability. Mahindra & Mahindra is a dominant tractor manufacturer in India and other emerging markets, notable for high unit volumes, cost‑competitive models and expanding global ambitions. SDF Group (SAME Deutz‑Fahr) and Yanmar supply a range of tractors and specialty equipment across power ranges, emphasizing European engineering (SDF) and compact, fuel‑efficient units (Yanmar) well suited to varied farm sizes. Rostselmash, strong in combine harvesters and large‑scale machinery, serves vast agricultural regions in Eastern Europe and Central Asia with rugged designs adapted to harsh environments.
These ten companies differ in strategic focus, technology adoption, and geographic strengths while competing across overlapping product lines. Deere, CNH and AGCO lead in precision agriculture, telematics and autonomous‑ready platforms, investing heavily in software, sensors and data services to capture recurring revenue streams and improve operator productivity. Kubota, Mahindra and Yanmar concentrate on compact tractors, engines and implements tailored to small‑plot and developing‑market needs, where unit economics and dealer penetration drive market share. CLAAS and Rostselmash excel in harvesting systems and high‑capacity combines that address large‑scale arable operations, complemented by specialized forage and tillage equipment. Caterpillar and SDF broaden portfolios through robust construction‑grade components or European tractor engineering, serving niche segments that demand durability and high horsepower. Across the industry, electrification, autonomy, and aftermarket digital services are common investment themes as manufacturers seek to reduce operator costs, meet emissions regulations and lock in service ecosystems.
Market positioning among these firms reflects scale, brand portfolio and regional leadership that determine how each company captures value across sales, financing and aftermarket services. Deere, CNH and AGCO command premium pricing through technology and extensive dealer support, generating large installed bases for parts and services that underpin recurring revenues. Kubota, Mahindra and Yanmar leverage affordability and localized manufacturing to secure volume in Asia, Africa and Latin America, while CLAAS, SDF and Rostselmash focus on specialized equipment where engineering differentiation matters. Caterpillar’s crossover into agricultural use cases and global service network gives it competitive reach for heavy‑duty field and support equipment. Collectively, these ten firms shape mechanization trends worldwide and invest in connectivity, sustainability and automation to address labor constraints, yield pressures and regulatory shifts across key agricultural regions.
Perry/Hope Partners' reports provide the most accurate industry forecasts based on our proprietary economic models. Our forecasts project the product market size nationally and by regions for 2021 to 2032 using regression analysis in our modeling. and Perry/Hope is the only market research publisher that utilizes both longitudinal (historical) and vertical (from market section to market division to market class) analysis, since we study every manufactured product in the countries we analyze. The report also provides written analysis on the market definition, market segments, and SWOT analysis (market strengths, weaknesses, opportunities, and threats).
The market study aims at estimating the market size and the growth potential of this market. Topics analyzed within the report include a detailed breakdown of the global markets for agricultural equipment by geography and historical trend. The scope of the report extends to sizing of the agricultural equipment market and global market trends with market data for 2024 as the base year, 2025 and 2026 as the estimate years with projection of CAGR from 2027 to 2032.
The report also features a list of the top ten largest global players in the market. A review of each company includes 1) an estimate of the market share, 2) a listing of the products and/or services in the market, and 3) the features of these products and/or services in the market. The report has a chapter on Comparative Business Strategies for the largest four players. An example of the Comparative Business Strategies analysis would be -- How does Netflix's business strategy to expand its market share in the global online streaming compare to Amazon Prime's business strategy through its video products and services?
The ten market players in this report and a brief synopsis of their participation in the market are:
John Deere, CNH Industrial (Case IH and New Holland), AGCO, Kubota, CLAAS, Caterpillar, Mahindra & Mahindra, SDF Group (SAME Deutz‑Fahr), Yanmar, and Rostselmash rank among the ten major global agricultural‑equipment companies by scale, product breadth, and market influence. Deere (Deere & Company) leads with comprehensive tractors, combines, and precision‑agriculture systems and a vast dealer network that anchors its global dominance. CNH Industrial leverages dual brands Case IH and New Holland to cover diverse regional segments and advanced solutions including large row‑crop tractors and harvesting platforms. AGCO’s multi‑brand strategy (Fendt, Massey Ferguson, Valtra) provides premium and mass‑market coverage and emphasizes modular designs and digital platform integration. Kubota specializes in small‑to‑midsize tractors, rice‑field machinery and small diesel engines, giving it particular strength in Asia and smallholder markets. CLAAS is a global leader in harvesting equipment—especially combines and forage harvesters—backed by German engineering and a strong focus on mechanized harvesting innovation. Caterpillar supplies heavy‑duty machines that overlap into agricultural applications and brings scale, durability and extensive global service capability. Mahindra & Mahindra is a dominant tractor manufacturer in India and other emerging markets, notable for high unit volumes, cost‑competitive models and expanding global ambitions. SDF Group (SAME Deutz‑Fahr) and Yanmar supply a range of tractors and specialty equipment across power ranges, emphasizing European engineering (SDF) and compact, fuel‑efficient units (Yanmar) well suited to varied farm sizes. Rostselmash, strong in combine harvesters and large‑scale machinery, serves vast agricultural regions in Eastern Europe and Central Asia with rugged designs adapted to harsh environments.
These ten companies differ in strategic focus, technology adoption, and geographic strengths while competing across overlapping product lines. Deere, CNH and AGCO lead in precision agriculture, telematics and autonomous‑ready platforms, investing heavily in software, sensors and data services to capture recurring revenue streams and improve operator productivity. Kubota, Mahindra and Yanmar concentrate on compact tractors, engines and implements tailored to small‑plot and developing‑market needs, where unit economics and dealer penetration drive market share. CLAAS and Rostselmash excel in harvesting systems and high‑capacity combines that address large‑scale arable operations, complemented by specialized forage and tillage equipment. Caterpillar and SDF broaden portfolios through robust construction‑grade components or European tractor engineering, serving niche segments that demand durability and high horsepower. Across the industry, electrification, autonomy, and aftermarket digital services are common investment themes as manufacturers seek to reduce operator costs, meet emissions regulations and lock in service ecosystems.
Market positioning among these firms reflects scale, brand portfolio and regional leadership that determine how each company captures value across sales, financing and aftermarket services. Deere, CNH and AGCO command premium pricing through technology and extensive dealer support, generating large installed bases for parts and services that underpin recurring revenues. Kubota, Mahindra and Yanmar leverage affordability and localized manufacturing to secure volume in Asia, Africa and Latin America, while CLAAS, SDF and Rostselmash focus on specialized equipment where engineering differentiation matters. Caterpillar’s crossover into agricultural use cases and global service network gives it competitive reach for heavy‑duty field and support equipment. Collectively, these ten firms shape mechanization trends worldwide and invest in connectivity, sustainability and automation to address labor constraints, yield pressures and regulatory shifts across key agricultural regions.
Table of Contents
32 Pages
- 1.0 Scope of Report and Methodology
- 2.0 Market SWOT Analysis and Players
- 2.1 Market Definition
- 2.2 Market Segments
- 2.3 Market Strengths
- 2.4 Market Weaknesses
- 2.5 Market Threats
- 2.6 Market Opportunities
- 2.7 Major Players
- 3.0 Competitive Analysis
- 3.1 Market Player 1
- 3.2 Market Player 2
- 3.3 Market Player 3
- 3.4 Market Player 4
- 3.5 Market Player 5
- 3.6 Market Player 6
- 3.7 Market Player 7
- 3.8 Market Player 8
- 3.9 Market Player 9
- 3.10 Market Player 10
- 4.0 Comparative Business Strategies
- 4.1 Comparative Business Strategies of Player 1 and 2
- 4.2 Comparative Business Strategies of Player 1 and 3
- 4.3 Comparative Business Strategies of Player 1 and 4
- 4.4 Comparative Business Strategies of Player 2 and 3
- 4.5 Comparative Business Strategies of Player 2 and 4
- 4.6 Comparative Business Strategies of Player 3 and 4
- 5.0 Appendix
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