Agriculture Equipment Market Growth and Upcoming Trends Forecast to 2029
Agriculture Equipment Market – Global Industry Analysis and Forecast (2023-2029)
Agriculture Equipment Market size was valued at US$ 125.04 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.0% through 2023 to 2029, reaching nearly US$ 188.02 Bn.
Agriculture Equipment Market Overview:
The goal of this research is to give a comprehensive overview of the Agriculture Equipment Market by segment, industry, and geography. The research includes thorough information on the primary elements impacting the Agriculture Equipment Market industry's growth. The research also includes an in-depth evaluation of the market's value chain.
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Market Scope:
The research technique used to analyze and predict the Agriculture Equipment Market begins with the collection of revenue data from major suppliers using secondary research sources. Vendor offers are also taken into account while developing market segmentation. The income of big firms was used to estimate the overall size of the Agriculture Equipment Market using the bottom-up technique.
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Segmentation:
by Product
Tractors
Combine Harvesters
Rotavators
Power Tillers
Seed Drill
Thresher
Power Weeder
Others
by Application
Land development and seed bed preparation
Sowing and planting
Harvesting and threshing
Weed Inter cultivation
Plant protection
Post-harvest & Agro processing
Key Players:
The major players covered in the Agriculture Equipment Market report are
1.AGCO Corporation
2. Agrostroj Pelhrimov A.s
3. China National Machinery Industry Corporation
4. Concern Tractor Plants
5. Deere & Company
6. J.C Bamford Excavators limited
7. Escorts Limited, Mahindra Group
8. Same Deutz-Fahr Group
9. JCB Limited
10. Foton Lovol International Heavy Industries Company Ltd
11. Valmont Industries Incorporated
12. Weifang Euroking Machinery
13. Agro Tractors S.p.A.
14. SDF Group
15. The Toro Company
16. Kubota Corporation
17. CLAAS KGaA mbH
18. Mahindra & Mahindra Ltd.
19. Escorts Ltd.
20. Alamo Group Incorporated
21. Netafim Limited
22. Tractors and Farm Equipment Ltd.
23. Yanmar Company Limited
24. WORLD Group Company Limited
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Regional Analysis:
A research team conducted extensive primary and secondary research for the worldwide industry's Agriculture Equipment Market study. Secondary research has been conducted in order to improve the available data, segment the market, assess total market size, forecast market size, and growth rate. Various approaches for calculating market value and market growth rate have been established. Our staff collects market facts and data from many areas in order to provide a more realistic regional perspective. The research's country-level analysis is developed by examining multiple regional stakeholders, regional tax laws and policies, consumer behavior, and macroeconomic indicators.
Separate market share data is provided for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts should maximize their competitive strengths and do competitive analysis on each rival independently.
COVID-19 Impact Analysis on Agriculture Equipment Market :
The Agriculture Equipment Market research also includes a complete assessment of COVID-19's influence on the Agriculture Equipment Market based on import, suppliers, and market players.
Key Questions Answered in the Agriculture Equipment Market Report are:
- Which segment was responsible for the largest share in the Agriculture Equipment Market ?
- How was the competitive scenario of the Agriculture Equipment Market in 2023?
- Which are the key factors responsible for the Agriculture Equipment Market growth?
- Which region held the maximum share in the Agriculture Equipment Market in 2023?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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