The global agriculture equipment market is expected to be worth US$ 162 billion in fiscal year 2022, up from US$ 157 billion in fiscal year 2021. From 2022 to 2032, the market is expected to grow at a 4.2% CAGR, reaching a value of US$ 238 billion by the end of 2032.
Favorable weather circumstances for food production, as well as government assistance with loan waiver initiatives for producers and farmers of all income levels, are expected to boost market growth.
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The major players covered in Agricultural Equipment Market research report are:
- AGCO Co., Ltd.
- escort group
- Agro Master
- Iseki Co., Ltd.
- APV GmbH
- Belotta AgriSolutions
- CLAAS KGaAmbH
- CNH Industries Nevada
- Dear & Company
Key Market Segments in Agricultural Equipment Industry Research
- Perspective by product
- agricultural tractor
- agricultural harvester
- agricultural planting equipment
- row crop growers
- air planter
- grain drill
- etc
- Irrigation and Crop Processing Equipment
- agricultural spraying equipment
- hay and forage equipment
- other agricultural equipment
- by application
- Agricultural equipment for land development and seed preparation
- Agricultural equipment for sowing and planting
- Agricultural equipment for growing weeds
- Agricultural equipment for plant protection
- Agricultural equipment for harvesting and threshing
- Agricultural equipment for post-harvest and agricultural processing
Insights for each vendor consist of:
- Company Profile
- SWOT analysis
- Key market information
- market share
- Revenue, price and gross margin
What insights does the Agricultural Equipment Market report provide to readers?
- Fragmentation of agricultural equipment based on product type, end use and region.
- Comprehensive assessment of upstream starting materials, downstream demand and current market environment.
- Collaboration, R&D projects, acquisitions and product launches of each agricultural equipment player.
- It details the various regulations of the government on the consumption of agricultural equipment.
- The impact of modern technologies such as big data and analytics, artificial intelligence, and social media platforms on agricultural equipment around the world.
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This report covers the following agricultural equipment market insights and assessments: This is beneficial to all participants involved in the Agricultural Equipment market.
- Data on recently introduced regulations and their impact on demand for key industries and agricultural equipment
- Latest industry analysis of Agricultural Equipment market along with key analysis of market drivers, trends and influencing factors.
- Analysis of key trends in the key industrial agricultural equipment market and changing consumer preferences.
- Changes in agricultural equipment demand and consumption of various products
- Key Trends Highlighting Funding by Leading Investors in Multiple Countries
- New investment opportunities in different technologies and types of products or services
- Comprehensive data and competitive analysis of major players in agricultural equipment
- Agricultural equipment market sales in the US will grow at a steady pace, fueled by growing consumer confidence and economic recovery.
- Agricultural equipment demand forecasts in Europe remain stable as many countries such as the UK, France and Germany focus on boosting growth
