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Global Agricultural Machinery and Equipment Market Research Report 2025

Published Date: August 2025

Report Code: QYRE-Auto-33P9645

Global Agricultural Machinery and Equipment Market Insights Forecast to 2028

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Global Agricultural Machinery and Equipment Market Research Report 2025

Code: QYRE-Auto-33P9645

Report

August 2025

Pages:104

QYResearch

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DESCRIPTION

TABLE OF CONTENT

TABLES & FIGURES

FEATURED COMPANIES

John Deere

AGCO

Horsch Maschinen

ISEKI

JCB

Kubota

Rostselmash

Lemken

CNH Industrial(Case IH and New Holland)

Claas

Mahindra

Yanmar

LOVOL

World

SDF

YTO Group

Tractors and Farm Equipment (TAFE)

EXEL Industries

Escorts Kubota

Wuzheng

Dongfeng Farm

Shandong Shifeng

Zoomlion

Agricultural Machinery and Equipment Market Size

The global market for Agricultural Machinery and Equipment was valued at US$ 123723 million in the year 2024 and is projected to reach a revised size of US$ 145441 million by 2031, growing at a CAGR of 4.5% during the forecast period.

Agricultural Machinery and Equipment Market

Agricultural Machinery and Equipment encompasses a wide range of mechanical devices designed to aid in various farming operations. These machines are pivotal in enhancing productivity, reducing labor costs, and ensuring timely completion of agricultural tasks. The primary categories of Agricultural Machinery and Equipment include tractors, harvesters, spraying equipment, planting equipment, hay and forage equipment, and other specialized tools. Tractors serve as the backbone of mechanized farming, providing the necessary power to operate various implements. Harvesters are essential for efficiently gathering crops, minimizing losses, and reducing the time required for harvesting. Spraying equipment ensures the effective application of pesticides and fertilizers, safeguarding crop health. Planting equipment facilitates precise sowing of seeds, optimizing crop yields. Hay and forage equipment is crucial for livestock farming, aiding in the collection and processing of feed.

The leading manufacturers include: John Deere, CNH Industrial (including Case IH and New Holland), Kubota, AGCO, Claas, etc. The top 5 companies account for about 50% of the market share.

The Agricultural Machinery and Equipment and Equipment market can be broadly categorized by function into tractors, harvesters, spraying equipment, planting equipment, hay and forage equipment, and other specialized machines. Among these, tractors represent the largest and most important category, commanding approximately 54% of the global Agricultural Machinery and Equipment and Equipment market. Tractors are the cornerstone of modern mechanized agriculture due to their high versatility, power, and adaptability to a range of field tasks. Harvesters, which support the efficient gathering of crops, are crucial in minimizing harvest loss and labor costs. Spraying equipment is used in crop protection, enabling precision application of pesticides and fertilizers. Planting equipment ensures accurate seed distribution and planting depth, which is key to improving yield. Hay and forage equipment is critical in livestock farming, supporting feed collection and processing.

In terms of application, Agricultural Machinery and Equipment and Equipment is primarily used in crop farming, forestry, and horticulture. Crop farming is by far the dominant segment, accounting for around 73% of global application share. This is driven by the large-scale cultivation of staple and cash crops, where mechanization has proven to significantly boost output and reduce the reliance on manual labor. Forestry applications include equipment for land clearing, logging, and timber transportation. Horticulture, including fruit and vegetable farming, increasingly utilizes compact, specialized machinery suitable for greenhouse and orchard operations.

Geographically, the Asia-Pacific region is the largest consumer market for Agricultural Machinery and Equipment and Equipment, contributing to approximately 45% of the global revenue. Countries such as China and India are key contributors to this demand, supported by large agricultural land bases, growing population, and active government initiatives aimed at agricultural modernization. The need to increase farm productivity, combined with policy-driven subsidies and mechanization programs, has accelerated the adoption of tractors, harvesters, and related equipment. As a result, the Asia-Pacific market continues to lead global demand, serving as a hub of both production and consumption.

Several key factors are driving the growth of the Agricultural Machinery and Equipment and Equipment market. The increasing global population requires higher food output, pushing farmers to invest in efficient technologies. A shrinking rural labor force and rising labor costs in many countries make mechanization a necessary alternative. Furthermore, Agricultural Machinery and Equipment and Equipment has benefited from the wave of digital transformation. Innovations such as GPS-guided tractors, drone-based spraying systems, automated harvesters, and AI-powered crop monitoring tools are enhancing productivity and reducing waste. Farmers are increasingly embracing precision agriculture techniques, and Agricultural Machinery and Equipment and Equipment plays an instrumental role in delivering these practices.

However, the market is not without its challenges. The high initial investment required for modern Agricultural Machinery and Equipment and Equipment can be a major barrier for small and marginal farmers. Even with government subsidies, affordability remains a key concern in many developing regions. Additionally, machinery requires skilled operation and regular maintenance, which is not always readily available in remote areas. Infrastructural issues such as fragmented land plots, poor road access, and lack of electricity further complicate machinery adoption, particularly for larger and more advanced equipment.

In conclusion, the global Agricultural Machinery and Equipment and Equipment market is set for continued expansion, driven by the need for food security, efficiency, and sustainability. The dominance of tractors and crop-related equipment is expected to persist, particularly in high-growth regions such as Asia-Pacific. To meet the evolving demands of the market, manufacturers must focus on producing cost-effective, adaptable, and technologically advanced equipment. Investments in local after-sales support, farmer training, and flexible financing options will also be critical to ensuring the widespread adoption of Agricultural Machinery and Equipment and Equipment. As the industry embraces smart farming technologies and sustainable solutions, Agricultural Machinery and Equipment and Equipment will remain a pillar of global food systems for decades to come.

This report aims to provide a comprehensive presentation of the global market for Agricultural Machinery and Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Agricultural Machinery and Equipment.

The Agricultural Machinery and Equipment market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Agricultural Machinery and Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Agricultural Machinery and Equipment companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

Scope of Agricultural Machinery and Equipment Market Report

Report Metric	Details
Report Name	Agricultural Machinery and Equipment Market
Accounted market size in year	US$ 123723 million
Forecasted market size in 2031	US$ 145441 million
CAGR	4.5%
Base Year	year
Forecasted years	2025 - 2031
Segment by Type	Tractors Harvesters Spraying Equipment Planting Equipment Hay & Forage Equipment Others
Segment by Application	Crops Forestry Horticulture Others
By Region	North America (United States, Canada) Europe (Germany, France, UK, Italy, Russia) Rest of Europe Nordic Countries Asia-Pacific (China, Japan, South Korea) Southeast Asia (India, Australia) Rest of Asia Latin America (Mexico, Brazil) Rest of Latin America Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company	John Deere, CNH Industrial (Case IH and New Holland), Kubota, AGCO, Claas, Mahindra, Yanmar, LOVOL, WORLD, SDF, JCB, YTO Group, Tractors and Farm Equipment (TAFE), ISEKI, Exel Industries, Escorts Kubota, Wuzheng, Horsch Maschinen, Rostselmash, Dongfeng Farm, Lemken, Shandong Shifeng, Zoomlion
Forecast units	USD million in value
Report coverage	Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Agricultural Machinery and Equipment company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is Agricultural Machinery and Equipment Market growing?

Ans: The Agricultural Machinery and Equipment Market witnessing a CAGR of 4.5% during the forecast period 2025-2031.

What is the Agricultural Machinery and Equipment Market size in 2031?

Ans: The Agricultural Machinery and Equipment Market size in 2031 will be US$ 145441 million.

What is the market share of major companies in Agricultural Machinery and Equipment Market?

Ans: The top 5 companies account for about 50% of the market share.

What is the Agricultural Machinery and Equipment Market share by type?

Ans: Among these, tractors represent the largest and most important category, commanding approximately 54% of the global Agricultural Machinery and Equipment and Equipment market.

What is the Agricultural Machinery and Equipment Market share by region?

Ans: Geographically, the Asia-Pacific region is the largest consumer market for Agricultural Machinery and Equipment and Equipment, contributing to approximately 45% of the global revenue.

Who are the main players in the Agricultural Machinery and Equipment Market report?

Ans: The main players in the Agricultural Machinery and Equipment Market are John Deere, CNH Industrial (Case IH and New Holland), Kubota, AGCO, Claas, Mahindra, Yanmar, LOVOL, WORLD, SDF, JCB, YTO Group, Tractors and Farm Equipment (TAFE), ISEKI, Exel Industries, Escorts Kubota, Wuzheng, Horsch Maschinen, Rostselmash, Dongfeng Farm, Lemken, Shandong Shifeng, Zoomlion

What are the Application segmentation covered in the Agricultural Machinery and Equipment Market report?

Ans: The Applications covered in the Agricultural Machinery and Equipment Market report are Crops, Forestry, Horticulture, Others

What are the Type segmentation covered in the Agricultural Machinery and Equipment Market report?

Ans: The Types covered in the Agricultural Machinery and Equipment Market report are Tractors, Harvesters, Spraying Equipment, Planting Equipment, Hay & Forage Equipment, Others

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1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Agricultural Machinery and Equipment Market Size Growth Rate by Type: 2020 VS 2024 VS 2031

1.2.2 Tractors

1.2.3 Harvesters

1.2.4 Spraying Equipment

1.2.5 Planting Equipment

1.2.6 Hay & Forage Equipment

1.2.7 Others

1.3 Market by Application

1.3.1 Global Agricultural Machinery and Equipment Market Growth by Application: 2020 VS 2024 VS 2031

1.3.2 Crops

1.3.3 Forestry

1.3.4 Horticulture

1.3.5 Others

1.4 Assumptions and Limitations

1.5 Study Objectives

1.6 Years Considered

2 Global Growth Trends

2.1 Global Agricultural Machinery and Equipment Market Perspective (2020-2031)

2.2 Global Agricultural Machinery and Equipment Growth Trends by Region

2.2.1 Global Agricultural Machinery and Equipment Market Size by Region: 2020 VS 2024 VS 2031

2.2.2 Agricultural Machinery and Equipment Historic Market Size by Region (2020-2025)

2.2.3 Agricultural Machinery and Equipment Forecasted Market Size by Region (2026-2031)

2.3 Agricultural Machinery and Equipment Market Dynamics

2.3.1 Agricultural Machinery and Equipment Industry Trends

2.3.2 Agricultural Machinery and Equipment Market Drivers

2.3.3 Agricultural Machinery and Equipment Market Challenges

2.3.4 Agricultural Machinery and Equipment Market Restraints

3 Competition Landscape by Key Players

3.1 Global Top Agricultural Machinery and Equipment Players by Revenue

3.1.1 Global Top Agricultural Machinery and Equipment Players by Revenue (2020-2025)

3.1.2 Global Agricultural Machinery and Equipment Revenue Market Share by Players (2020-2025)

3.2 Global Top Agricultural Machinery and Equipment Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Global Key Players Ranking by Agricultural Machinery and Equipment Revenue

3.4 Global Agricultural Machinery and Equipment Market Concentration Ratio

3.4.1 Global Agricultural Machinery and Equipment Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Agricultural Machinery and Equipment Revenue in 2024

3.5 Global Key Players of Agricultural Machinery and Equipment Head office and Area Served

3.6 Global Key Players of Agricultural Machinery and Equipment, Product and Application

3.7 Global Key Players of Agricultural Machinery and Equipment, Date of Enter into This Industry

3.8 Mergers & Acquisitions, Expansion Plans

4 Agricultural Machinery and Equipment Breakdown Data by Type

4.1 Global Agricultural Machinery and Equipment Historic Market Size by Type (2020-2025)

4.2 Global Agricultural Machinery and Equipment Forecasted Market Size by Type (2026-2031)

5 Agricultural Machinery and Equipment Breakdown Data by Application

5.1 Global Agricultural Machinery and Equipment Historic Market Size by Application (2020-2025)

5.2 Global Agricultural Machinery and Equipment Forecasted Market Size by Application (2026-2031)

6 North America

6.1 North America Agricultural Machinery and Equipment Market Size (2020-2031)

6.2 North America Agricultural Machinery and Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031

6.3 North America Agricultural Machinery and Equipment Market Size by Country (2020-2025)

6.4 North America Agricultural Machinery and Equipment Market Size by Country (2026-2031)

6.5 United States

6.6 Canada

7 Europe

7.1 Europe Agricultural Machinery and Equipment Market Size (2020-2031)

7.2 Europe Agricultural Machinery and Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031

7.3 Europe Agricultural Machinery and Equipment Market Size by Country (2020-2025)

7.4 Europe Agricultural Machinery and Equipment Market Size by Country (2026-2031)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Ireland

8 Asia-Pacific

8.1 Asia-Pacific Agricultural Machinery and Equipment Market Size (2020-2031)

8.2 Asia-Pacific Agricultural Machinery and Equipment Market Growth Rate by Region: 2020 VS 2024 VS 2031

8.3 Asia-Pacific Agricultural Machinery and Equipment Market Size by Region (2020-2025)

8.4 Asia-Pacific Agricultural Machinery and Equipment Market Size by Region (2026-2031)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia & New Zealand

9 Latin America

9.1 Latin America Agricultural Machinery and Equipment Market Size (2020-2031)

9.2 Latin America Agricultural Machinery and Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031

9.3 Latin America Agricultural Machinery and Equipment Market Size by Country (2020-2025)

9.4 Latin America Agricultural Machinery and Equipment Market Size by Country (2026-2031)

9.5 Mexico

9.6 Brazil

10 Middle East & Africa

10.1 Middle East & Africa Agricultural Machinery and Equipment Market Size (2020-2031)

10.2 Middle East & Africa Agricultural Machinery and Equipment Market Growth Rate by Country: 2020 VS 2024 VS 2031

10.3 Middle East & Africa Agricultural Machinery and Equipment Market Size by Country (2020-2025)

10.4 Middle East & Africa Agricultural Machinery and Equipment Market Size by Country (2026-2031)

10.5 Israel

10.6 Saudi Arabia

10.7 UAE

11 Key Players Profiles

11.1 John Deere

11.1.1 John Deere Company Details

11.1.2 John Deere Business Overview

11.1.3 John Deere Agricultural Machinery and Equipment Introduction

11.1.4 John Deere Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.1.5 John Deere Recent Development

11.2 CNH Industrial (Case IH and New Holland)

11.2.1 CNH Industrial (Case IH and New Holland) Company Details

11.2.2 CNH Industrial (Case IH and New Holland) Business Overview

11.2.3 CNH Industrial (Case IH and New Holland) Agricultural Machinery and Equipment Introduction

11.2.4 CNH Industrial (Case IH and New Holland) Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.2.5 CNH Industrial (Case IH and New Holland) Recent Development

11.3 Kubota

11.3.1 Kubota Company Details

11.3.2 Kubota Business Overview

11.3.3 Kubota Agricultural Machinery and Equipment Introduction

11.3.4 Kubota Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.3.5 Kubota Recent Development

11.4 AGCO

11.4.1 AGCO Company Details

11.4.2 AGCO Business Overview

11.4.3 AGCO Agricultural Machinery and Equipment Introduction

11.4.4 AGCO Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.4.5 AGCO Recent Development

11.5 Claas

11.5.1 Claas Company Details

11.5.2 Claas Business Overview

11.5.3 Claas Agricultural Machinery and Equipment Introduction

11.5.4 Claas Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.5.5 Claas Recent Development

11.6 Mahindra

11.6.1 Mahindra Company Details

11.6.2 Mahindra Business Overview

11.6.3 Mahindra Agricultural Machinery and Equipment Introduction

11.6.4 Mahindra Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.6.5 Mahindra Recent Development

11.7 Yanmar

11.7.1 Yanmar Company Details

11.7.2 Yanmar Business Overview

11.7.3 Yanmar Agricultural Machinery and Equipment Introduction

11.7.4 Yanmar Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.7.5 Yanmar Recent Development

11.8 LOVOL

11.8.1 LOVOL Company Details

11.8.2 LOVOL Business Overview

11.8.3 LOVOL Agricultural Machinery and Equipment Introduction

11.8.4 LOVOL Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.8.5 LOVOL Recent Development

11.9 WORLD

11.9.1 WORLD Company Details

11.9.2 WORLD Business Overview

11.9.3 WORLD Agricultural Machinery and Equipment Introduction

11.9.4 WORLD Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.9.5 WORLD Recent Development

11.10 SDF

11.10.1 SDF Company Details

11.10.2 SDF Business Overview

11.10.3 SDF Agricultural Machinery and Equipment Introduction

11.10.4 SDF Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.10.5 SDF Recent Development

11.11 JCB

11.11.1 JCB Company Details

11.11.2 JCB Business Overview

11.11.3 JCB Agricultural Machinery and Equipment Introduction

11.11.4 JCB Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.11.5 JCB Recent Development

11.12 YTO Group

11.12.1 YTO Group Company Details

11.12.2 YTO Group Business Overview

11.12.3 YTO Group Agricultural Machinery and Equipment Introduction

11.12.4 YTO Group Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.12.5 YTO Group Recent Development

11.13 Tractors and Farm Equipment (TAFE)

11.13.1 Tractors and Farm Equipment (TAFE) Company Details

11.13.2 Tractors and Farm Equipment (TAFE) Business Overview

11.13.3 Tractors and Farm Equipment (TAFE) Agricultural Machinery and Equipment Introduction

11.13.4 Tractors and Farm Equipment (TAFE) Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.13.5 Tractors and Farm Equipment (TAFE) Recent Development

11.14 ISEKI

11.14.1 ISEKI Company Details

11.14.2 ISEKI Business Overview

11.14.3 ISEKI Agricultural Machinery and Equipment Introduction

11.14.4 ISEKI Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.14.5 ISEKI Recent Development

11.15 Exel Industries

11.15.1 Exel Industries Company Details

11.15.2 Exel Industries Business Overview

11.15.3 Exel Industries Agricultural Machinery and Equipment Introduction

11.15.4 Exel Industries Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.15.5 Exel Industries Recent Development

11.16 Escorts Kubota

11.16.1 Escorts Kubota Company Details

11.16.2 Escorts Kubota Business Overview

11.16.3 Escorts Kubota Agricultural Machinery and Equipment Introduction

11.16.4 Escorts Kubota Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.16.5 Escorts Kubota Recent Development

11.17 Wuzheng

11.17.1 Wuzheng Company Details

11.17.2 Wuzheng Business Overview

11.17.3 Wuzheng Agricultural Machinery and Equipment Introduction

11.17.4 Wuzheng Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.17.5 Wuzheng Recent Development

11.18 Horsch Maschinen

11.18.1 Horsch Maschinen Company Details

11.18.2 Horsch Maschinen Business Overview

11.18.3 Horsch Maschinen Agricultural Machinery and Equipment Introduction

11.18.4 Horsch Maschinen Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.18.5 Horsch Maschinen Recent Development

11.19 Rostselmash

11.19.1 Rostselmash Company Details

11.19.2 Rostselmash Business Overview

11.19.3 Rostselmash Agricultural Machinery and Equipment Introduction

11.19.4 Rostselmash Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.19.5 Rostselmash Recent Development

11.20 Dongfeng Farm

11.20.1 Dongfeng Farm Company Details

11.20.2 Dongfeng Farm Business Overview

11.20.3 Dongfeng Farm Agricultural Machinery and Equipment Introduction

11.20.4 Dongfeng Farm Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.20.5 Dongfeng Farm Recent Development

11.21 Lemken

11.21.1 Lemken Company Details

11.21.2 Lemken Business Overview

11.21.3 Lemken Agricultural Machinery and Equipment Introduction

11.21.4 Lemken Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.21.5 Lemken Recent Development

11.22 Shandong Shifeng

11.22.1 Shandong Shifeng Company Details

11.22.2 Shandong Shifeng Business Overview

11.22.3 Shandong Shifeng Agricultural Machinery and Equipment Introduction

11.22.4 Shandong Shifeng Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.22.5 Shandong Shifeng Recent Development

11.23 Zoomlion

11.23.1 Zoomlion Company Details

11.23.2 Zoomlion Business Overview

11.23.3 Zoomlion Agricultural Machinery and Equipment Introduction

11.23.4 Zoomlion Revenue in Agricultural Machinery and Equipment Business (2020-2025)

11.23.5 Zoomlion Recent Development

12 Analyst's Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.1.1 Research Programs/Design

13.1.1.2 Market Size Estimation

13.1.1.3 Market Breakdown and Data Triangulation

13.1.2 Data Source

13.1.2.1 Secondary Sources

13.1.2.2 Primary Sources

13.2 Author Details

13.3 Disclaimer

FEATURED COMPANIES

John Deere

AGCO

Horsch Maschinen

ISEKI

JCB

Kubota

Rostselmash

Lemken

CNH Industrial(Case IH and New Holland)

Claas

Mahindra

Yanmar

LOVOL

World

SDF

YTO Group

Tractors and Farm Equipment (TAFE)

EXEL Industries

Escorts Kubota

Wuzheng

Dongfeng Farm

Shandong Shifeng

Zoomlion

List of Tables

Table 1. Global Agricultural Machinery and Equipment Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031

Table 2. Key Players of Tractors

Table 3. Key Players of Harvesters

Table 4. Key Players of Spraying Equipment

Table 5. Key Players of Planting Equipment

Table 6. Key Players of Hay & Forage Equipment

Table 7. Key Players of Others

Table 8. Global Agricultural Machinery and Equipment Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031

Table 9. Global Agricultural Machinery and Equipment Market Size by Region (US$ Million): 2020 VS 2024 VS 2031

Table 10. Global Agricultural Machinery and Equipment Market Size by Region (2020-2025) & (US$ Million)

Table 11. Global Agricultural Machinery and Equipment Market Share by Region (2020-2025)

Table 12. Global Agricultural Machinery and Equipment Forecasted Market Size by Region (2026-2031) & (US$ Million)

Table 13. Global Agricultural Machinery and Equipment Market Share by Region (2026-2031)

Table 14. Agricultural Machinery and Equipment Market Trends

Table 15. Agricultural Machinery and Equipment Market Drivers

Table 16. Agricultural Machinery and Equipment Market Challenges

Table 17. Agricultural Machinery and Equipment Market Restraints

Table 18. Global Agricultural Machinery and Equipment Revenue by Players (2020-2025) & (US$ Million)

Table 19. Global Agricultural Machinery and Equipment Market Share by Players (2020-2025)

Table 20. Global Top Agricultural Machinery and Equipment Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Agricultural Machinery and Equipment as of 2024)

Table 21. Ranking of Global Top Agricultural Machinery and Equipment Companies by Revenue (US$ Million) in 2024

Table 22. Global 5 Largest Players Market Share by Agricultural Machinery and Equipment Revenue (CR5 and HHI) & (2020-2025)

Table 23. Global Key Players of Agricultural Machinery and Equipment, Headquarters and Area Served

Table 24. Global Key Players of Agricultural Machinery and Equipment, Product and Application

Table 25. Global Key Players of Agricultural Machinery and Equipment, Date of Enter into This Industry

Table 26. Mergers & Acquisitions, Expansion Plans

Table 27. Global Agricultural Machinery and Equipment Market Size by Type (2020-2025) & (US$ Million)

Table 28. Global Agricultural Machinery and Equipment Revenue Market Share by Type (2020-2025)

Table 29. Global Agricultural Machinery and Equipment Forecasted Market Size by Type (2026-2031) & (US$ Million)

Table 30. Global Agricultural Machinery and Equipment Revenue Market Share by Type (2026-2031)

Table 31. Global Agricultural Machinery and Equipment Market Size by Application (2020-2025) & (US$ Million)

Table 32. Global Agricultural Machinery and Equipment Revenue Market Share by Application (2020-2025)

Table 33. Global Agricultural Machinery and Equipment Forecasted Market Size by Application (2026-2031) & (US$ Million)

Table 34. Global Agricultural Machinery and Equipment Revenue Market Share by Application (2026-2031)

Table 35. North America Agricultural Machinery and Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 36. North America Agricultural Machinery and Equipment Market Size by Country (2020-2025) & (US$ Million)

Table 37. North America Agricultural Machinery and Equipment Market Size by Country (2026-2031) & (US$ Million)

Table 38. Europe Agricultural Machinery and Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 39. Europe Agricultural Machinery and Equipment Market Size by Country (2020-2025) & (US$ Million)

Table 40. Europe Agricultural Machinery and Equipment Market Size by Country (2026-2031) & (US$ Million)

Table 41. Asia-Pacific Agricultural Machinery and Equipment Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031

Table 42. Asia-Pacific Agricultural Machinery and Equipment Market Size by Region (2020-2025) & (US$ Million)

Table 43. Asia-Pacific Agricultural Machinery and Equipment Market Size by Region (2026-2031) & (US$ Million)

Table 44. Latin America Agricultural Machinery and Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 45. Latin America Agricultural Machinery and Equipment Market Size by Country (2020-2025) & (US$ Million)

Table 46. Latin America Agricultural Machinery and Equipment Market Size by Country (2026-2031) & (US$ Million)

Table 47. Middle East & Africa Agricultural Machinery and Equipment Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031

Table 48. Middle East & Africa Agricultural Machinery and Equipment Market Size by Country (2020-2025) & (US$ Million)

Table 49. Middle East & Africa Agricultural Machinery and Equipment Market Size by Country (2026-2031) & (US$ Million)

Table 50. John Deere Company Details

Table 51. John Deere Business Overview

Table 52. John Deere Agricultural Machinery and Equipment Product

Table 53. John Deere Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 54. John Deere Recent Development

Table 55. CNH Industrial (Case IH and New Holland) Company Details

Table 56. CNH Industrial (Case IH and New Holland) Business Overview

Table 57. CNH Industrial (Case IH and New Holland) Agricultural Machinery and Equipment Product

Table 58. CNH Industrial (Case IH and New Holland) Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 59. CNH Industrial (Case IH and New Holland) Recent Development

Table 60. Kubota Company Details

Table 61. Kubota Business Overview

Table 62. Kubota Agricultural Machinery and Equipment Product

Table 63. Kubota Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 64. Kubota Recent Development

Table 65. AGCO Company Details

Table 66. AGCO Business Overview

Table 67. AGCO Agricultural Machinery and Equipment Product

Table 68. AGCO Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 69. AGCO Recent Development

Table 70. Claas Company Details

Table 71. Claas Business Overview

Table 72. Claas Agricultural Machinery and Equipment Product

Table 73. Claas Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 74. Claas Recent Development

Table 75. Mahindra Company Details

Table 76. Mahindra Business Overview

Table 77. Mahindra Agricultural Machinery and Equipment Product

Table 78. Mahindra Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 79. Mahindra Recent Development

Table 80. Yanmar Company Details

Table 81. Yanmar Business Overview

Table 82. Yanmar Agricultural Machinery and Equipment Product

Table 83. Yanmar Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 84. Yanmar Recent Development

Table 85. LOVOL Company Details

Table 86. LOVOL Business Overview

Table 87. LOVOL Agricultural Machinery and Equipment Product

Table 88. LOVOL Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 89. LOVOL Recent Development

Table 90. WORLD Company Details

Table 91. WORLD Business Overview

Table 92. WORLD Agricultural Machinery and Equipment Product

Table 93. WORLD Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 94. WORLD Recent Development

Table 95. SDF Company Details

Table 96. SDF Business Overview

Table 97. SDF Agricultural Machinery and Equipment Product

Table 98. SDF Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 99. SDF Recent Development

Table 100. JCB Company Details

Table 101. JCB Business Overview

Table 102. JCB Agricultural Machinery and Equipment Product

Table 103. JCB Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 104. JCB Recent Development

Table 105. YTO Group Company Details

Table 106. YTO Group Business Overview

Table 107. YTO Group Agricultural Machinery and Equipment Product

Table 108. YTO Group Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 109. YTO Group Recent Development

Table 110. Tractors and Farm Equipment (TAFE) Company Details

Table 111. Tractors and Farm Equipment (TAFE) Business Overview

Table 112. Tractors and Farm Equipment (TAFE) Agricultural Machinery and Equipment Product

Table 113. Tractors and Farm Equipment (TAFE) Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 114. Tractors and Farm Equipment (TAFE) Recent Development

Table 115. ISEKI Company Details

Table 116. ISEKI Business Overview

Table 117. ISEKI Agricultural Machinery and Equipment Product

Table 118. ISEKI Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 119. ISEKI Recent Development

Table 120. Exel Industries Company Details

Table 121. Exel Industries Business Overview

Table 122. Exel Industries Agricultural Machinery and Equipment Product

Table 123. Exel Industries Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 124. Exel Industries Recent Development

Table 125. Escorts Kubota Company Details

Table 126. Escorts Kubota Business Overview

Table 127. Escorts Kubota Agricultural Machinery and Equipment Product

Table 128. Escorts Kubota Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 129. Escorts Kubota Recent Development

Table 130. Wuzheng Company Details

Table 131. Wuzheng Business Overview

Table 132. Wuzheng Agricultural Machinery and Equipment Product

Table 133. Wuzheng Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 134. Wuzheng Recent Development

Table 135. Horsch Maschinen Company Details

Table 136. Horsch Maschinen Business Overview

Table 137. Horsch Maschinen Agricultural Machinery and Equipment Product

Table 138. Horsch Maschinen Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 139. Horsch Maschinen Recent Development

Table 140. Rostselmash Company Details

Table 141. Rostselmash Business Overview

Table 142. Rostselmash Agricultural Machinery and Equipment Product

Table 143. Rostselmash Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 144. Rostselmash Recent Development

Table 145. Dongfeng Farm Company Details

Table 146. Dongfeng Farm Business Overview

Table 147. Dongfeng Farm Agricultural Machinery and Equipment Product

Table 148. Dongfeng Farm Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 149. Dongfeng Farm Recent Development

Table 150. Lemken Company Details

Table 151. Lemken Business Overview

Table 152. Lemken Agricultural Machinery and Equipment Product

Table 153. Lemken Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 154. Lemken Recent Development

Table 155. Shandong Shifeng Company Details

Table 156. Shandong Shifeng Business Overview

Table 157. Shandong Shifeng Agricultural Machinery and Equipment Product

Table 158. Shandong Shifeng Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 159. Shandong Shifeng Recent Development

Table 160. Zoomlion Company Details

Table 161. Zoomlion Business Overview

Table 162. Zoomlion Agricultural Machinery and Equipment Product

Table 163. Zoomlion Revenue in Agricultural Machinery and Equipment Business (2020-2025) & (US$ Million)

Table 164. Zoomlion Recent Development

Table 165. Research Programs/Design for This Report

Table 166. Key Data Information from Secondary Sources

Table 167. Key Data Information from Primary Sources

Table 168. Authors List of This Report

List of Figures

Figure 1. Agricultural Machinery and Equipment Picture

Figure 2. Global Agricultural Machinery and Equipment Market Size Comparison by Type (2020-2031) & (US$ Million)

Figure 3. Global Agricultural Machinery and Equipment Market Share by Type: 2024 VS 2031

Figure 4. Tractors Features

Figure 5. Harvesters Features

Figure 6. Spraying Equipment Features

Figure 7. Planting Equipment Features

Figure 8. Hay & Forage Equipment Features

Figure 9. Others Features

Figure 10. Global Agricultural Machinery and Equipment Market Size by Application (2020-2031) & (US$ Million)

Figure 11. Global Agricultural Machinery and Equipment Market Share by Application: 2024 VS 2031

Figure 12. Crops Case Studies

Figure 13. Forestry Case Studies

Figure 14. Horticulture Case Studies

Figure 15. Others Case Studies

Figure 16. Agricultural Machinery and Equipment Report Years Considered

Figure 17. Global Agricultural Machinery and Equipment Market Size (US$ Million), Year-over-Year: 2020-2031

Figure 18. Global Agricultural Machinery and Equipment Market Size, (US$ Million), 2020 VS 2024 VS 2031

Figure 19. Global Agricultural Machinery and Equipment Market Share by Region: 2024 VS 2031

Figure 20. Global Agricultural Machinery and Equipment Market Share by Players in 2024

Figure 21. Global Agricultural Machinery and Equipment Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

Figure 22. The Top 10 and 5 Players Market Share by Agricultural Machinery and Equipment Revenue in 2024

Figure 23. North America Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 24. North America Agricultural Machinery and Equipment Market Share by Country (2020-2031)

Figure 25. United States Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 26. Canada Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 27. Europe Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 28. Europe Agricultural Machinery and Equipment Market Share by Country (2020-2031)

Figure 29. Germany Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 30. France Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 31. U.K. Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 32. Italy Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 33. Russia Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 34. Ireland Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 35. Asia-Pacific Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 36. Asia-Pacific Agricultural Machinery and Equipment Market Share by Region (2020-2031)

Figure 37. China Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 38. Japan Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 39. South Korea Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 40. Southeast Asia Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 41. India Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 42. Australia & New Zealand Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 43. Latin America Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 44. Latin America Agricultural Machinery and Equipment Market Share by Country (2020-2031)

Figure 45. Mexico Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 46. Brazil Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 47. Middle East & Africa Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 48. Middle East & Africa Agricultural Machinery and Equipment Market Share by Country (2020-2031)

Figure 49. Israel Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 50. Saudi Arabia Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 51. UAE Agricultural Machinery and Equipment Market Size YoY Growth (2020-2031) & (US$ Million)

Figure 52. John Deere Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 53. CNH Industrial (Case IH and New Holland) Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 54. Kubota Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 55. AGCO Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 56. Claas Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 57. Mahindra Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 58. Yanmar Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 59. LOVOL Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 60. WORLD Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 61. SDF Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 62. JCB Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 63. YTO Group Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 64. Tractors and Farm Equipment (TAFE) Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 65. ISEKI Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 66. Exel Industries Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 67. Escorts Kubota Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 68. Wuzheng Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 69. Horsch Maschinen Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 70. Rostselmash Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 71. Dongfeng Farm Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 72. Lemken Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 73. Shandong Shifeng Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 74. Zoomlion Revenue Growth Rate in Agricultural Machinery and Equipment Business (2020-2025)

Figure 75. Bottom-up and Top-down Approaches for This Report

Figure 76. Data Triangulation

Figure 77. Key Executives Interviewed

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