
Global Farm Equipment Market, Size, Trends Analysis- By Product, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Global Farm Equipment Market Introduction and Overview
According to SPER market research, ‘Global Farm Equipment Market Size- By Product, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Farm Equipment Market is predicted to reach USD 296.42 billion by 2034 with a CAGR of 5.53%.
Farm equipment refers to devices and tools used throughout the agricultural cycle to improve efficiency, reduce manual labour, and boost productivity. It includes tractors, ploughs, speeders, harvesters, sprayers, irrigation systems, and more. These tools are useful at every stage of farming, from land preparation and planting to crop care, harvesting, and post-harvest processing.
Restraints:
The farm equipment market has a variety of obstacles that limit its growth. Modern machinery is out of reach for small and marginal farmers, particularly in developing countries, due to the hefty initial investment and maintenance requirements. Limited credit and financing options further restrict equipment adoption. Furthermore, fragmented land holdings reduce the economic sustainability of using large machinery.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Application
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
AGCO Corporation, FlieglAgro-Center GmbH, APV GmbH, Bellota Agrisolutions, CLAAS KGaA mbH, CNH Industrial N.V, Deere & Company, Escorts Limited, HORSCH Maschinen GmbH, ISEKI & Co., Ltd.
Global Farm Equipment Market Segmentation:
By Product:
Based on the Product, Global Farm Equipment Market is segmented as Tractors, Combine Harvesters, Forage Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment.
By Application:
Based on the Application, Global Farm Equipment Market is segmented as; Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro processing.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
According to SPER market research, ‘Global Farm Equipment Market Size- By Product, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2034’ state that the Global Farm Equipment Market is predicted to reach USD 296.42 billion by 2034 with a CAGR of 5.53%.
Farm equipment refers to devices and tools used throughout the agricultural cycle to improve efficiency, reduce manual labour, and boost productivity. It includes tractors, ploughs, speeders, harvesters, sprayers, irrigation systems, and more. These tools are useful at every stage of farming, from land preparation and planting to crop care, harvesting, and post-harvest processing.
Restraints:
The farm equipment market has a variety of obstacles that limit its growth. Modern machinery is out of reach for small and marginal farmers, particularly in developing countries, due to the hefty initial investment and maintenance requirements. Limited credit and financing options further restrict equipment adoption. Furthermore, fragmented land holdings reduce the economic sustainability of using large machinery.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Product, By Application
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
AGCO Corporation, FlieglAgro-Center GmbH, APV GmbH, Bellota Agrisolutions, CLAAS KGaA mbH, CNH Industrial N.V, Deere & Company, Escorts Limited, HORSCH Maschinen GmbH, ISEKI & Co., Ltd.
Global Farm Equipment Market Segmentation:
By Product:
Based on the Product, Global Farm Equipment Market is segmented as Tractors, Combine Harvesters, Forage Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment.
By Application:
Based on the Application, Global Farm Equipment Market is segmented as; Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro processing.
By Region:
This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.
Table of Contents
250 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Farm Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Farm Equipment Market
- 7. Global Farm Equipment Market, By Product (USD Million) 2021-2034
- 7.1. Tractors
- 7.2. Combine Harvesters
- 7.3. Forage Harvesters
- 7.4. Planting Equipment
- 7.5. Irrigation & Crop Processing Equipment
- 7.6. Spraying Equipment
- 8. Global Farm Equipment Market, By Application (USD Million) 2021-2034
- 8.1. Land Development & Seed Bed Preparation
- 8.2. Sowing & Planting
- 8.3. Weed Cultivation
- 8.4. Plant Protection
- 8.5. Harvesting & Threshing
- 8.6. Post-harvest &Argo-processing
- 9. Global Farm Equipment Market, (USD Million) 2021-2034
- 9.1. Global Farm Equipment Market Size and Market Share
- 10. Global Farm Equipment Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 11. Company Profile
- 11.1. AGCO Corporation
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. APV GmbH
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Bellota Agri solutions
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. CLAAS KGaAmbH
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. CNH Industrial N. V
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Deere & Company
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Escorts Limited
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. FlieglAgro-Center GmbH
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. HORSCH Maschinen GmbH
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. ISEKI & Co., Ltd
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
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