Global Farm Equipment Market: Size, Trends &

Forecasts (2021-2025 Edition)

March 2021

Global Farm Equipment Market: Coverage

Executive Summary and Scope

Introduction/Market Overview

Global Market Analysis

Regional Market Analysis

Dynamics

Competitive Landscape

Company Profiling

Global Farm Equipment Market: Coverage

Attributes Details

Title Global Farm Equipment Market: Size, Trends & Forecasts (2021-2025 Edition)

Coverage Global and Regional

Regional Coverage APAC, Europe, North America, ROW

Market Influencing Variables Growth Drivers, Challenges, Market Trends

Forecast Period of Market 2021-2025

Competition in the Market Fragmented

Key Players John Deere, AGCO Corporation, Mahindra Group (Mahindra & Mahindra Ltd.) and CNH Industrial N.V.

Scope of the Report

Global Farm Equipment Market

Farming is an activity performed for cultivation of crops on field. Farming activities includes various procedures, such as preparation ofsoil, adding manure, irrigation of fields etc. Afterwards farmer grows cereals, vegetables, fruits etc. on the field. Farming is done in twotypes: large-scale commercial farming and scattered small-holder farming.

Farm equipment defined as the mechanical devices functioned for managing the farming activities. The devices include tractors,harvesters, irrigation equipment etc., which are intended to be utilized in diverse farming operations such as tillage of soil, spraying offertilizers, harvesting of crops, irrigation system, livestock farming and many more. Farm equipment is essential for farming practices. Theagricultural sector is perceiving a change in farming pattern from traditional farming to modern or mechanized farming. Therefore, farmequipment became an essential tools that would upsurge yield and productivity of crops.

The global farm equipment market has witnessed stable growth in the past few years and is anticipated that during the forecasted period(2021-2025) the market would further propel with a poised growth rate. The market is expected to be driven by various growthaugmenting factors such as rising organic farming, increasing grain production, rising demand for plant-based proteins, upsurge ingovernment initiatives, rising GDP in emerging economies etc.

However, the global farm equipment market is not free from challenges that are impeding the fueling growth of market. Some of theeminent challenges faced by the market are changing climatic conditions and high equipment & maintenance cost.

Executive Summary

Farm Equipment Market: Global Analysis

Global Farm Equipment Market by Value

The global farm equipment market is anticipated to reach up to US$... billion by 2025 increase from US$... billion in 2021. The market would surge at a CAGR of xx% during 2021-2025 years.

CAGRs

2021-2025 xx%

2021 2022 2023 2024 2025

US

$ B

illio

n

Farm Equipment Market: Global Analysis

Products Share

Farm Tractors xx%

Harvesting Machine xx%

Tillage Equipment xx%

Planting & Fertilizing Equipment xx%

Irrigation Equipment xx%

Haying Equipment xx%

Other xx%

Global Farm Equipment Market by Region; 2020

Global Farm Equipment Market by Product; 2020

Regions Share

APAC xx%

Europe xx%

North America xx%

ROW xx%

Farm Equipment Market: Product Analysis

Farm Tractor Market by Value Harvesting Machine Market by Value

Tillage Equipment Market by Value

Products CAGRs

Farm Tractors xx%

Harvesting Machine xx%

Tillage Equipment xx%

Planting & Fertilizing Equipment

xx%

Irrigation Equipment xx%

Haying Equipment xx%

Others xx%

2021 2022 2023 2024 2025

US

$ B

illio

n

2021 2022 2023 2024 2025

US

$ B

illio

n

2021 2022 2023 2024 2025

US

$ B

illio

n

Farm Equipment Market: Regional Analysis

APAC Farm Equipment Market by Value North America Farm Equipment Market by Value

Europe Farm Equipment Market by Value

Region CAGR

2021-2025

APAC xx%

Europe xx%

North America xx%

ROW xx%

2021 2022 2023 2024 2025

US

$ B

illio

n

2021 2022 2023 2024 2025

US

$ B

illio

n

2021 2022 2023 2024 2025

US

$ B

illio

n

Farm Equipment Market: Dynamics

Growth Driver

•Rising Organic Farming

•Increasing Grain Production

Challenges

•Changing Climatic Conditions

•High Equipment & Maintenance Cost

Market Trends

•Agricultural Drone Technology

•Autonomous Tractors

Farm Equipment Market: Competitive Landscape

• John Deere

• AGCO Corporation

• Mahindra Group (Mahindra & Mahindra Ltd.)

• CNH Industrial N.V.

Players Profiled

Note: The graphs on this slide are only for sample representation.