Blueweave
Agricultural Equipment Market

Agricultural Equipment Market

Global Agricultural Equipment Market, By Type (Tractors, Plowing and Cultivating Machinery, Planting Machinery, Other Types), By Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Other), By Power Output (<30 HP, 31–70 HP, 71–130 HP, 131–250 HP, >250 HP), By Drive Type (Two-Wheel Drive, Four-Wheel Drive), By Equipment Type (Cereal Combines, Non-Cereal Combines, Balers, Sprayers), By Region (North America, Europe, Asia-Pacific (APAC), Latin America (LATAM), Middle-East & Africa (MEA) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

  • Published Date: August 2021
  • Report ID: BWC2139
  • Available Format: PDF
  • Page: 200

Report Overview

The global agricultural equipment market is growing because of the positive consequences of the green revolution and the use of modern machinery in the farming activities to expand the agricultural yield along with the increasing population and their soaring demand for food.

The global agricultural equipment market was worth USD 102.3 billion in 2020 and is further projected to reach USD 172.1 billion by the year 2027, growing at a CAGR of 7.9% in the forecast period. Global agricultural equipment market growth is being fueled by the impact of the green revolution and the increased use of modern machinery in farming activities in order to expand agricultural yield. Additionally, the growing population and rising food demand will fuel the growth of the market during the forecast period.

agricultural equipment market

Source: BlueWeave Consulting

Global Agricultural Equipment Market- Overview

Agricultural equipment are mechanical devices and machinery which are mainly used during the farming process and other agricultural activities. The most common agricultural equipment used on the farms are tractors, balers, plows, planters, mowers, sprayers, combines, etc. The use of various types of equipment in agriculture includes harvesting, preparing land, planting and cultivating plants and sowing seeds, among others. Usually, these devices require physical effort, animal, human, or mechanical power to operate properly.

Global Agricultural Equipment Market Forecast and Trends

Growth Drivers

Increasing World’s Population and Food Demand

World population already reached 7.9 billion in 2020, and it is growing at a rate of 1.1% annually. However, it has been estimated that as much as 811 million people go hungry and as much as 2 billion people are malnourished.This hunger index varies from country to country but is much more prevalent in middle and low-income countries. Consequently, to increase agricultural production to mitigate this issue, the countries are implementing various initiatives which are expected to boost the market growth in the forecast period.

Government Initiatives and Support to Farmers

Governments of many countries have been taking various initiatives aimed at supporting farmers and assisting them in using agricultural equipment. Moreover, various government agencies provide loans and subsidies to farmers to encourage them to adopt modern agricultural tools and machinery. This factor is expected to significantly contribute to the growth of the global agricultural equipment market. For instance, in the US, farmers can apply for farm loans to purchase livestock, seeds, and equipment which is covered under operational loans. Such funds fulfill the resource needs of the farmers, resulting in increased food production.

Restraints

High Cost of Agricultural Equipment

Agricultural equipment is becoming more advanced and technology-driven, which, inevitably, increases the price.Although loans and subsidies are available for farmers, not everyone can take advantage of them. Therefore, the high cost of these agricultural equipment acts as a major restraining factor for the growth of the global agricultural equipment market. For instance, compact tractors cost between USD 9,000 and USD 11,000, while large four-wheel tractors cost between USD 50,000 and USD 75,000.

Impact of COVID-19 on Global Agricultural Equipment Market

The COVID-19 pandemic has had disastrous effects on the food and agricultural industry, especially in emerging economies and low-income countries. The entire distribution system collapsed as a result of the global crisis, disrupting regional agricultural value chains, and leading to global food insecurity. The impact of the above situation had adversely impacted the financial capacity of the farmers, causing them to avoid purchasing advanced and costly farm equipment and tools. Consequently, it had negative consequences on the global agricultural equipment market.

Global Agricultural Equipment Market - By Type

Based on types, the global agricultural equipment market is segmented into tractors, plowing and cultivating machinery, planting machinery, harvesting machinery, haying and forage machinery, irrigation machinery, and other types. The demand for tractors is the most prominent in the agricultural sector. This is due to its wide application in a variety of agricultural activities. Tractors are widely used for routine landscape maintenance, lawn care, clearing business activities, spreading fertilizers, and much more. Tractors are also used for pulling various farm equipment like plowing, planting, harvesting, cultivating crops, etc., which is why its market is expanding at such a high rate.

Global Agricultural Equipment Market - By Equipment Type

Based on equipment types, the global agricultural equipment market is segmented into cereal combines, non-cereal combines, balers, and sprayers. The cereal combined segment accounts for the largest market share.The machine is extremely efficient and is widely used to harvest and process large volumes of grain. Balers, on the other hand, are also gaining significant traction. The machine is ideal for farming large plots of land with mass production as it cuts and rakes the seeds into compact bales.

Global Agricultural Equipment Market - Regional Insights

Geographically, the global agricultural equipment market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle-East & Africa. Among these regions, North America holds the largest market share because of the high adoption of advanced and modern technologies and the strong presence of several leading industry players. Furthermore, favorable farm laws and loan grants also favor the market growth of agricultural equipment. These factors also influence thegrowth of the European agricultural market as well. Additionally, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period.

Regional insights

Source: BlueWeave Consulting

Competitive Landscape

The leading players in the global agricultural equipment market are Kubota Corporation, J C Bamford Excavators Ltd., China National Machinery Industry Corporation Ltd., AGCO Corporation, SDF S.p.A., Deere & Company, CNH Industrial N.V., Escorts Limited, Mahindra & Mahindra Ltd., Bellota, CLAAS KGaA MBH, Horsch Maschinen GmbH, J.C. Bamford Excavators Ltd., Kivon RUS, Maschio Gaspardo S.P.A., Morris Industries Ltd., TAFE, Valmont Industries, Inc., Vaderstad, Mater Macc S.p.A., and other prominent players.

The market is highly competitive and consolidated with the presence of several leading industry players. These companies extensively engage in competitive strategies like partnerships, mergers, acquisitions, collaborations, joint ventures, etc., to expand their product portfolio and market presence. They are also working on strengthening their distribution channels, especially in the emerging economies to establish themselves as leading players.

Recent Developments

  • In July 2021, BASF Digital Farming, a leading German engineering company, announced a joint venture with Bosch to distribute smart farming technologies worldwide. This joint venture is essentially planning on targeting North America, South America, and European regions.
  • In May 2021, AGCO, a US-based agricultural machinery company, announced the collaboration agreement with Robert Bosch GmbH, BASF Digital Farming, and Raven Industries Inc.., for evaluating targeted spraying technology and the reduction of crop input costs.

Scope of the Report

Attributes

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia

Product Service/Segmentation

By Type, By Application, By Power Output, By Drive Type, By Equipment Type, By Region

Key Players

Kubota Corporation, J C Bamford Excavators Ltd., China National Machinery Industry Corporation Ltd., AGCO Corporation, SDF S.p.A., Deere & Company, CNH Industrial N.V., Escorts Limited, Mahindra & Mahindra Ltd., Bellota, CLAAS KGaA MBH, HorschMaschinen GmbH, J.C. Bamford Excavators Ltd., Kivon RUS, MaschioGaspardo S.P.A., Morris Industries Ltd, T.A.F.E., Valmont Industries, Inc., Vaderstad, MaterMacc S.p.A., and other prominent players.

 

By Type

  • Tractors
  • Compact Utility Tractors
  • Utility Tractors
  • Row Crop Tractors
  • Plowing and Cultivating Machinery
  • Planting Machinery
  • Row crop planters
  • Air seeders
  • Grain drills
  • Others
  • Harvesting Machinery
  • Haying and Forage Machinery
  • Irrigation Machinery
  • Other Types

By Application

  • Land Development & Seed Bed Preparation
  • Sowing & Planting
  • Weed Cultivation
  • Plant Protection
  • Harvesting & Threshing
  • Post-harvest &Agro Processing

By Power Output

  • <30 HP
  • 31–70 HP
  • 71–130 HP
  • 131–250 HP
  • >250 HP

By Drive Type

  • Two-Wheel Drive
  • Four-Wheel Drive

By Equipment Type

  • Cereal Combines
  • Non-Cereal Combines
  • Balers
  • Sprayers

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
-
  1. Research Framework
    1. Research Objective
    2. Product Overview
    3. Market Segmentation
  2. Research Methodology
    1. Qualitative Research
    2. Methodology
    3. Regional Split of Primary & Secondary Research
    4. Secondary Research
    5. Primary Research
      1. Breakdown of Primary Research Respondents, By Region
      2. Breakdown of Primary Research Respondents, By Industry Participants
    6. Market Size Estimation
    7. Assumptions for the Study
    8. Market Breakdown & Data Triangulation
  3. Executive Summary
  4. Industry Insight and Growth Strategy
    1. Value Chain Analysis
    2. DROC Analysis
      1. Market Drivers
        1. Increasing World’s Population and Food Demand
        2. Government Initiatives and Support to Farmers
      2. Market Restraints
        1. High Cost of Agricultural Equipment
      3. Market Challenges
        1. Labor Intensive Agricultural Work in Developing Countries
      4. Market Opportunity
        1. Use of Agricultural Equipment for Land Development And Seed Bed Preparation
        2. Rising Demand For >250 HP Tractors
    3. Recent Developments
    4. Porter’s Five Forces Analysis
      1. Bargaining Power of Buyers
      2. Bargaining Power of Suppliers
      3. Intensity of Rivalry
      4. Threat of New Entrants
      5. Threat of Substitutes
  5. Global Agricultural Equipment Market Overview
    1. Market Estimates & Forecast by Value, 2017-2027
    2. Market Share & Forecast
      1. By Type
        1. Tractors
          1. Compact Utility Tractors
          2. Utility Tractors
          3. Row Crop Tractors
        2. Plowing and Cultivating Machinery
        3. Planting Machinery
          1. Row crop planters
          2. Air seeders
          3. Grain drills
          4. Others
        4. Harvesting Machinery
        5. Haying and Forage Machinery
        6. Irrigation Machinery
        7. Other Types
      2. By Application
        1. Land Development & Seed Bed Preparation
        2. Sowing & Planting
        3. Weed Cultivation
        4. Plant Protection
        5. Harvesting & Threshing
        6. Post-harvest &Agro Processing
      3. By Power Output
        1. <30 HP
        2. 31–70 HP
        3. 71–130 HP
        4. 131–250 HP
        5. >250 HP
      4. By Drive Type
        1. Two-Wheel Drive
        2. Four-Wheel Drive
      5. By Equipment Type
        1. Cereal Combines
        2. Non-Cereal Combines
        3. Balers
        4. Sprayers
      6. By Region
        1. North America
        2. Europe
        3. Asia-Pacific (APAC)
        4. Latin America (LATAM)
        5. Middle-East & Africa (MEA)
  6. North America Agricultural Equipment Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2017-2027
    2. Market Share and Forecast
      1. By Type
      2. By Application
      3. By Power Output
      4. By Drive Type
      5. By Equipment Type
      6. By Country
        1. U.S.
        2. Canada
  7. Europe Agricultural Equipment Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2017-2027
    2. Market Share and Forecast
      1. By Type
      2. By Application
      3. By Power Output
      4. By Drive Type
      5. By Equipment Type
      6. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Netherlands
        7. Rest of Europe
  8. APAC Agricultural Equipment Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2017-2027
    2. Market Share and Forecast
      1. By Type
      2. By Application
      3. By Power Output
      4. By Drive Type
      5. By Equipment Type
      6. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Rest of APAC
  9. LATAM Agricultural Equipment Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2017-2027
    2. Market Share and Forecast
      1. By Type
      2. By Application
      3. By Power Output
      4. By Drive Type
      5. By Equipment Type
      6. By Country
        1. Mexico
        2. Brazil
        3. Rest of LATAM
  10. MEA Agricultural Equipment Market Overview
    1. Market Size and Forecast
      1. By Value (USD Billion), 2017-2027
    2. Market Share and Forecast
      1. By Type
      2. By Application
      3. By Power Output
      4. By Drive Type
      5. By Equipment Type
      6. By Country
        1. Saudi Arabia
        2. UAE
        3. South Africa
        4. Rest of MEA
  11. Competitive Landscape
    1. List of Key Players and Their Offerings
    2. Market Share / Ranking Analysis (2020)
    3. Competitive Benchmarking, By Operating Parameters
  12. Impact of COVID-19 on Global Agricultural Equipment Market
  13. Company Profiles (Company Overview, Financial Matrix, Key Product landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) *
    1. Kubota Corporation
    2. J C Bamford Excavators Ltd.
    3. China National Machinery Industry Corporation Ltd.
    4. AGCO Corporation, SDF S.p.A.
    5. Deere & Company
    6. CNH Industrial N.V.,
    7. Escorts Limited
    8. Mahindra & Mahindra Ltd.
    9. Bellota
    10. CLAAS KGaAmbH
    11. HorschMaschinen GmbH
    12. J.C. Bamford Excavators Ltd.
    13. Kivon RUS
    14. MaschioGaspardo S.P.A.
    15. Morris Industries Ltd
    16. TAFE
    17. Valmont Industries, Inc.
    18. Vaderstad
    19. MaterMacc S.p.A.
    20. Other Prominent Players
  14. Key Strategic Recommendations

 

List of Figures

 

Figure 1: Global Agricultural Equipment Devices Segmentation

 

Figure 2: Global Agricultural Equipment Devices Market Value Chain Analysis,

 

Figure 3: Company Market Share Analysis, 2020

 

Figure 4: Global Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 5: Global Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 6: Global Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 7: Global Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 8: Global Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 9: Global Agricultural Equipment Devices Market Share (%), By Equipment Type, By Value, 2017-2027

 

Figure 10: Global Agricultural Equipment Devices Market Share (%), By Region, By Value, 2017-2027

 

Figure 11: North America Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 12: North America Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 13: North America Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 14: North America Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 15: North America Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 16: North America Agricultural Equipment Devices Market Share (%), By Equipment Type, By Value, 2017-2027

 

Figure 17: North America Agricultural Equipment Devices Market Share (%), By Country, By Value, 2017-2027

 

Figure 18: Europe Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 19: Europe Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 20: Europe Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 21: Europe Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 22: Europe Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 23: Europe Agricultural Equipment Devices Market Share (%), by Equipment Type, By Value, 2017-2027

 

Figure 24: Europe Agricultural Equipment Devices Market Share (%), By Country, By Value, 2017-2027

 

Figure 25: Asia-Pacific Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 26: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 27: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 28: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 29: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 30: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Equipment Type, By Value, 2017-2027

 

Figure 31: Asia-Pacific Agricultural Equipment Devices Market Share (%), By Country, By Value, 2017-2027

 

Figure 32: Latin America Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 33: Latin America Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 34: Latin America Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 35: Latin America Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 36: Latin America Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 37: Latin America Agricultural Equipment Devices Market Share (%), By Equipment Type, By Value, 2017-2027

 

Figure 38: Latin America Agricultural Equipment Devices Market Share (%), By Country, By Value, 2017-2027

 

Figure 39: Middle East & Africa Agricultural Equipment Devices Market Size, By Value (USD Billion), 2017-2027

 

Figure 40: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Type, By Value, 2017-2027

 

Figure 41: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Application, By Value, 2017-2027

 

Figure 42: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Power Output, By Value, 2017-2027

 

Figure 43: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Drive Type, By Value, 2017-2027

 

Figure 44: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Equipment Type, By Value, 2017-2027

 

Figure 45: Middle East & Africa Agricultural Equipment Devices Market Share (%), By Region, By Value, 2017-2027

 

 

 

List of Tables

 

 

Table 1: Global Agricultural Equipment Devices Design Size, By Type, By Value, 2017-2027

 

Table 2: Global Agricultural Equipment Devices Design Size, By Application, By Value (USD Billion), 2017-2027

 

Table 3: Global Agricultural Equipment Devices Design Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 4: Global Agricultural Equipment Devices Design Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 5: Global Agricultural Equipment Devices Design Size, By Equipment Type, By Value (USD Billion), 2017-2027

 

Table 6: Global Agricultural Equipment Devices Design Size, By Region, By Value (USD Billion), 2017-2027

 

Table 7: North America Agricultural Equipment Devices Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table 8: North America Agricultural Equipment Devices Market Size, By Application, By Value (USD Billion), 2017-2027

 

Table 9: North America Agricultural Equipment Devices Market Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 10: North America Agricultural Equipment Devices Market Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 11: North America Agricultural Equipment Devices Market Size, By Equipment Type, By Value (USD Billion), 2017-2027,

 

Table 12: Europe Agricultural Equipment Devices Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table 13: Europe Agricultural Equipment Devices Market Size, By Application, By Value (USD Billion), 2017-2027

 

Table 14: Europe Agricultural Equipment Devices Market Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 15: Europe Agricultural Equipment Devices Market Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 16: Europe Agricultural Equipment Devices Market Size, By Equipment Type, By Value (USD Billion), 2017-2027

 

Table 17: the Asia-Pacific Agricultural Equipment Devices Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table 18: the Asia-Pacific Agricultural Equipment Devices Market Size, By Application, By Value (USD Billion), 2017-2027

 

Table 19: the Asia-Pacific Agricultural Equipment Devices Market Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 20: the Asia-Pacific Agricultural Equipment Devices Market Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 21: the Asia-Pacific Agricultural Equipment Devices Market Size, By Equipment Type, By Value (USD Billion), 2017-2027

 

Table 22: Latin America Agricultural Equipment Devices Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table 23: Latin America Agricultural Equipment Devices Market Size, By Application, By Value (USD Billion), 2017-2027

 

Table 24: Latin America Agricultural Equipment Devices Market Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 25: Latin America Agricultural Equipment Devices Market Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 26: Latin America Agricultural Equipment Devices Market Size, By Equipment Type, By Value (USD Billion), 2017-2027

 

Table 27: The Middle-East & Africa Agricultural Equipment Devices Market Size, By Type, By Value (USD Billion), 2017-2027

 

Table 28: The Middle-East & Africa Agricultural Equipment Devices Market Size, By Application, By Value (USD Billion), 2017-2027

 

Table 29: The Middle-East & Africa Agricultural Equipment Devices Market Size, By Power Output, By Value (USD Billion), 2017-2027

 

Table 30: The Middle-East & Africa Agricultural Equipment Devices Market Size, By Drive Type, By Value (USD Billion), 2017-2027

 

Table 31: The Middle-East & Africa Agricultural Equipment Devices Market Size, By Equipment Type, By Value (USD Billion), 2017-2027

 

Table 32: Kubota Corporation Financial Analysis

Table 33: Kubota Corporation Business Overview

Table 34: J C Bamford Excavators Ltd.Financial Analysis

Table 35: J C Bamford Excavators Ltd.Business Overview

Table 36: China National Machinery Industry Corporation Ltd.Financial Analysis

Table 37: China National Machinery Industry Corporation Ltd. Business Overview

Table 38: AGCO Corporation, SDF S.p.A.Financial Analysis

Table 39: AGCO Corporation, SDF S.p.A. Business Overview

Table 40: Deere & Company Financial Analysis

Table 41: Deere & CompanyBusiness Overview

Table 42: CNH Industrial N.V., Financial Analysis

Table 43: CNH Industrial N.V., Business Overview

Table 44: Escorts Limited Financial Analysis

Table 45: Escorts Limited Business Overview

Table 46: Mahindra & Mahindra Ltd. Financial Analysis

Table 47: Mahindra & Mahindra Ltd. Business Overview

Table 48: BellotaFinancial Analysis

Table 49: BellotaBusiness Overview

Table 50: CLAAS KGaAmbH Financial Analysis

Table 51: CLAAS KGaAmbH Business Overview

Table 52: HorschMaschinen GmbH Financial Analysis

Table 53: HorschMaschinen GmbHFinancial Analysis

Table 52: J.C. Bamford Excavators Ltd. Financial Analysis

Table 53: J.C. Bamford Excavators Ltd. Business Overview

Table 54: Kivon RUS Financial Analysis

Table 55: Kivon RUS Business Overview

Table 56: Maschio Gaspardo S.P.A. Financial Analysis

Table 57: Maschio Gaspardo S.P.A. Business Overview

Table 58: Morris Industries Ltd Financial Analysis

Table 59: Morris Industries Ltd Business Overview

Table 60: TAFE Financial Analysis

Table 61: TAFE Business Overview

Table 62: Valmont Industries, Inc. Financial Analysis

Table 63: Valmont Industries, Inc. Business Overview

Table 64: Vaderstad Financial Analysis

Table 65: Vaderstad Business Overview

Table 66: MaterMacc S.p.A. Financial Analysis

Table 67: MaterMacc S.p.A. Business Overview

 

Market Segmentation

By Type

  • Tractors
  • Compact Utility Tractors
  • Utility Tractors
  • Row Crop Tractors
  • Plowing and Cultivating Machinery
  • Planting Machinery
  • Row crop planters
  • Air seeders
  • Grain drills
  • Others
  • Harvesting Machinery
  • Haying and Forage Machinery
  • Irrigation Machinery
  • Other Types

By Application

  • Land Development & Seed Bed Preparation
  • Sowing & Planting
  • Weed Cultivation
  • Plant Protection
  • Harvesting & Threshing
  • Post-harvest &Agro Processing

By Power Output

  • <30 HP
  • 31–70 HP
  • 71–130 HP
  • 131–250 HP
  • >250 HP

By Drive Type

  • Two-Wheel Drive
  • Four-Wheel Drive

By Equipment Type

  • Cereal Combines
  • Non-Cereal Combines
  • Balers
  • Sprayers

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle-East & Africa (MEA)
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Frequently Asked Questions (FAQs):

Ans: The global agricultural equipment market reached USD 102.3 billion in 2020.
Ans: The major factors driving the growth of the global agricultural equipment market are; increasing world’s population and food demand and government initiatives and support to farmers.
Ans: The key players in the global agricultural equipment market are: Kubota Corporation, J C Bamford Excavators Ltd., China National Machinery Industry Corporation Ltd., AGCO Corporation, SDF S.p.A., Deere & Company, CNH Industrial N.V., Escorts Limited, Mahindra & Mahindra Ltd., Bellota, CLAAS KGaA MBH, HorschMaschinen GmbH, J.C. Bamford Excavators Ltd., Kivon RUS, MaschioGaspardo S.P.A., Morris Industries Ltd, T.A.F.E., Valmont Industries, Inc., Vaderstad, MaterMacc S.p.A., and other prominent players.
Ans: The>250 segment accounted for the largest share in the global agricultural equipment market.
Ans: North America has the largest share in the global agricultural equipment market.