Agriculture Equipment MarketSize, Share & Industry Analysis, 2026-2034By Equipment TypeBy ApplicationBy Power Output (Horsepower)By Drive TypeBy End User
Full title & scope — all 5 axes with their segments
Agriculture Equipment Market Size, Share & Industry Analysis, By Equipment Type (Agriculture Tractors, Harvesting Equipment, Irrigation & Crop Processing Equipment, Agriculture Spraying & Handling Equipment, Soil Preparation & Cultivation Equipment, Others), By Application (Land Development, Threshing and Harvesting, Plant Protection, After Agro Processing, Others), By Power Output (Horsepower) (Below 40 HP, 40-100 HP, 101-200 HP, Above 200 HP), By Drive Type (Two-Wheel Drive, Four-Wheel Drive, Track-Type/Crawler), By End User (Large-Scale & Commercial Farms, Small & Medium Farms, Custom Hiring Centers & Equipment Rental Providers), and Regional Forecast, 2026-2034
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- 01By Equipment TypeAgriculture Tractors · Harvesting Equipment · Irrigation & Crop Processing Equipment
- 02By ApplicationLand Development · Threshing and Harvesting · Plant Protection
- 03By Power Output (Horsepower)Below 40 HP · 40-100 HP · 101-200 HP
- 04By Drive TypeTwo-Wheel Drive · Four-Wheel Drive · Track-Type/Crawler
- 05By End UserLarge-Scale & Commercial Farms · Small & Medium Farms · Custom Hiring Centers & Equipment Rental Providers
- 06By Region
Market Analysis & Outlook
Agriculture equipment covers the self-propelled and towed machinery used to prepare land, plant, protect, irrigate, harvest and process crops, spanning wheeled and tracked tractors, combine and forage harvesters, sprayers, planters, tillage implements and post-harvest handling equipment. Buyers range from individual farm operators and cooperatives to large commercial growers, equipment rental and custom-hiring businesses, and government-backed mechanization programs. Machines are sold new through dealer networks or leased and rented, and are used across row-crop, horticultural and mixed livestock-arable operations.
The global agriculture equipment market is valued at USD 182 billion in 2025 and is set to reach USD 269.5 billion by 2034, a compound annual growth rate of 4.64% across the 2026-2034 forecast period. The study tracks the market across USD 148.5 billion in 2020, USD 178.6 billion in 2024, USD 187.5 billion in 2026 and USD 218 billion in 2030.
Composition changes more than the total does. Agriculture Spraying & Handling Equipment, at 6.76%, outgrows Soil Preparation & Cultivation Equipment at 1.72%, and its share moves from 10% to 12%. Agriculture Tractors stays the largest line throughout, at USD 76.44 billion in 2025 and USD 107.8 billion in 2034. The lines gaining share are Harvesting Equipment and Agriculture Spraying & Handling Equipment. Agriculture Tractors, Irrigation & Crop Processing Equipment, Soil Preparation & Cultivation Equipment and Others lose share without losing revenue.
Cut by application, the largest line is Threshing and Harvesting: 32% of 2025 revenue, worth USD 58.24 billion, and 34% at USD 91.63 billion by 2034. Plant Protection grows faster at 5.69% against 5.17%, moving from 18% of revenue to 20% by 2034. Both this axis and the equipment type one divide the same revenue, which is why they are alternative views, not components.
The regional order runs from Asia Pacific at 38% of 2025 revenue down to Middle East and Africa at 6%. Asia Pacific is worth USD 69.16 billion in 2025 and USD 110.5 billion in 2034; North America, second at 24%, moves from USD 43.68 billion to USD 56.6 billion. Share shifts toward Asia Pacific, Latin America and Middle East and Africa over the forecast period, so the regional split repays a close reading.
Coverage extends to five regions, six equipment type lines and five segmentation axes over the full fifteen years. The 2025 total itself is triangulated from published sources and category proxies, with no independently sourced count behind it, and the splits below are estimated on that same basis, a bound on their precision worth carrying into any use of them.
Market Size, 2020–2034
USD BillionRevenue in USD Billion. Values up to 2025 are actuals; 2026–2034 are forecast.
Key Takeaways
- A forecast-period rate of 4.64% takes the market from USD 182 billion in 2025 to USD 269.5 billion in 2034, against 4.15% recorded over the 2020-2025 historical period.
- 42% of 2025 revenue sits in Agriculture Tractors (USD 76.44 billion) and it remains the largest equipment type line in 2034 at USD 107.8 billion and 40%.
- At 6.76%, Agriculture Spraying & Handling Equipment grows faster than any other equipment type line, moving from USD 18.2 billion and 10% of revenue in 2025 to USD 32.34 billion and 12% in 2034.
- Scenario range for 2034 runs from USD 242.55 billion in the bear case to USD 291.06 billion in the bull case, against a base-case USD 269.5 billion, the spread a plan built on this forecast has to absorb.
- 38% of 2025 revenue is generated in Asia Pacific, worth USD 69.16 billion and rising to USD 110.5 billion by 2034; Middle East and Africa is smallest at 6%.
- China accounts for 42% of Asia Pacific in the base year, worth USD 29.05 billion in 2025 and reaching USD 46.41 billion by 2034, the worked country example carried through that region's chapters.
- The study covers 2020 through 2034 with 2025 as the base year, reporting five regions and five segmentation axes separately, with revenue, share and a growth rate for every line in each year.
Market Trends
Revenue Share, By By Equipment Type
Base year 2025Agriculture Tractors leads with 42.0% of by equipment type segment revenue.
Share of by equipment type segment revenue, most recent base year.
Read across the forecast period, the global agriculture equipment market shows movement in three places: equipment type composition, regional weight, and the 4.64% rate applied to the whole.
All three are changes in mix, not in direction: nothing contracts, and the movement is in which lines and regions absorb the new revenue.
Composition shifts on the equipment type axis. Agriculture Spraying & Handling Equipment grows at 6.76% across 2026-2034 against 1.72% for Soil Preparation & Cultivation Equipment, the widest spread on the equipment type axis. Over the forecast period that moves Agriculture Spraying & Handling Equipment from 10% of revenue to 12%, and Soil Preparation & Cultivation Equipment from 9% to 7%. Neither contracts: USD 18.2 billion becomes USD 32.34 billion, USD 16.38 billion becomes USD 18.87 billion. What the spread decides is which of them a supplier's revenue is exposed to.
The regional balance moves. Asia Pacific moves from 38% of revenue in 2025 to 41% in 2034, worth USD 69.16 billion rising to USD 110.5 billion; Latin America moves from 12% of revenue in 2025 to 13% in 2034, worth USD 21.84 billion rising to USD 35.04 billion; Middle East and Africa moves from 6% of revenue in 2025 to 7% in 2034, worth USD 10.92 billion rising to USD 18.87 billion. The offsetting side is North America at 24% moving to 21%, Europe at 20% moving to 18%, none of which contracts. That makes the regional split worth reading directly instead of scaling from the global rate: the same market rate produces different outcomes depending on where a supplier's revenue sits.
Fifteen years without a discontinuity. Fifteen years of revenue run USD 148.5 billion in 2020, USD 178.6 billion in 2024, USD 182 billion in 2025, USD 187.5 billion in 2026, USD 218 billion in 2030 and USD 269.5 billion in 2034. There is no discontinuity to time, and 4.64% forecast growth against 4.15% historical means the trend continues and does not turn. A plan built on this market is therefore a plan about capturing a share of steady expansion, which is decided on the equipment type and regional axes, not by the headline rate.
Market Growth Factors
Agriculture Spraying & Handling Equipment adds the most incremental growth
Market Drivers
3- 01Agriculture Spraying & Handling Equipment adds the most incremental growth
Agriculture Spraying & Handling Equipment compounds at 6.76% against 4.64% for the market, rising from USD 18.2 billion in 2025 to USD 32.34 billion in 2034 and from 10% of revenue to 12%. Because the spread to Soil Preparation & Cultivation Equipment at 1.72% is this wide, the headline 4.64% is a weighted result, not a rate any single line achieves. A portfolio weighted away from it tracks below the market even in a market growing everywhere.
- 02Asia Pacific carries 38% of the base and keeps growing
Asia Pacific is the largest region at USD 69.16 billion in 2025, 38% of global revenue, and reaches USD 110.5 billion by 2034 on a share rising to 41%. North America adds a further 24% at USD 43.68 billion, reaching USD 56.6 billion. Because both the existing revenue and the revenue added concentrate in these two, regional weighting matters more to a forecast than regional count does.
- 03A demonstrated trajectory, not a projected turnaround
USD 148.5 billion in 2020, USD 178.6 billion in 2024 and USD 182 billion in 2025: 4.15% compound growth before the forecast period even begins. From there the forecast carries 4.64% through to USD 269.5 billion in 2034. Fifteen years of unbroken growth in the series means the forecast rests on a demonstrated trajectory, not a projected turnaround, and it is why the 4.64% rate is applied flat across the whole period instead of ramped through it.
Growth drivers
| # | Growth driver | Impact | Gross contribution (Billion) | 2026-28 | 2029-31 | 2032-34 |
|---|---|---|---|---|---|---|
| 1 | Farm mechanization expansion in Asia Pacific and Latin America | High | +28 | High | High | Medium |
| 2 | Precision agriculture and equipment automation adoption | High | +22.5 | Medium | High | High |
| 3 | Replacement demand from aging tractor and equipment fleets in North America and Europe | Medium-High | +18 | Medium | Medium | High |
| 4 | Government subsidy and farm-credit programs supporting equipment purchases | Medium | +12 | Medium | Medium | Low |
| 5 | Rising farm consolidation and contract or custom farming | Medium | +9.5 | Low | Medium | Medium |
| 6 | Others | Low | +5 | Low | Low | Low |
| Total | +95 | |||||
Restraints
| # | Restraint | Impact | Estimated reduction (Billion) | 2026-28 | 2029-31 | 2032-34 |
|---|---|---|---|---|---|---|
| 1 | High upfront equipment cost and financing constraints for smallholders | Medium-High | −4.5 | High | Medium | Low |
| 2 | Steel and component input cost volatility | Medium | −2 | Medium | Medium | Low |
| 3 | Extended replacement cycles in mature markets amid uncertain farm income | Medium | −1 | Medium | Low | Low |
| Total | −7.5 | |||||
Drivers contribute 95 Billion and restraints remove 7.5 Billion, a net 87.5 Billion, which is the revenue the market adds between the base year and 2034. Contributions are CDI estimates, apportioned so that they reconcile with the forecast rather than being read from it.
Separate the 4.64% into its parts and three show up: an already-large base compounding, the equipment type mix moving toward its faster lines, and regional growth landing unevenly.
Restraining Factors
Downside case: USD 242.55 billion by 2034, against USD 269.5 billion in the base case
Market Restraints
2- 01Downside case: USD 242.55 billion by 2034, against USD 269.5 billion in the base case
The study's downside path assumes the bear case assumes tighter farm credit and softer commodity prices extend replacement cycles and delay fleet upgrades across North America and Europe, and ends 2034 at USD 242.55 billion against the USD 269.5 billion base case, the same USD 182 billion base year, a slower forecast period.
- 02Agriculture Tractors holds the blended rate down
With 42% of 2025 revenue (USD 76.44 billion) Agriculture Tractors is where most of the market sits, and it grows at only 4.07% against the market's 4.64%. Revenue still reaches USD 107.8 billion by 2034 and share still falls to 40%: a drag on the average, not a decline.
Market Opportunities
Where the forecast could be beaten
Market Opportunities
2- 01Where the forecast could be beaten
The bull case assumes commodity prices stay high enough to sustain farm capital spending and that mechanization in Asia Pacific and Latin America accelerates faster than currently financed. On that assumption the market reaches USD 291.06 billion by 2034 against USD 269.5 billion in the base case, from the same USD 182 billion in 2025.
- 02Agriculture Spraying & Handling Equipment is where share changes hands
Agriculture Spraying & Handling Equipment grows at 6.76% against 4.64% for the market, adding revenue from USD 18.2 billion in 2025 to USD 32.34 billion in 2034 and taking its share from 10% to 12%. It is the place on this axis where share changes hands at scale, so it is where an entrant can take position without displacing the incumbent in Agriculture Tractors.
Market Challenges
Concentration on the equipment type axis
Market Challenges
2- 01Concentration on the equipment type axis
With 42% of 2025 revenue and 40% of 2034 revenue (USD 76.44 billion rising to USD 107.8 billion) Agriculture Tractors is where the market's exposure sits. No other single change on the equipment type axis moves the total as much as a change in demand for that one line.
- 02China is 42% of Asia Pacific
42% of the leading region is one country: China, at USD 29.05 billion against Asia Pacific's USD 69.16 billion in 2025, and USD 46.41 billion by 2034. Regional totals therefore move largely with one country's demand, so a regional forecast is more exposed to single-country conditions than its size alone suggests.
Segmentation Analysis
5 axesThe market is divided by equipment type and by application, power output (horsepower), drive type and end user; five axes in all. They are alternative readings of one revenue pool, not parts that sum to it.
All six equipment type lines expand in revenue terms over the forecast period. Share is the dividing line; two take it, the others cede it.
By Equipment Type · 6 segments
Scale in Agriculture Tractors and Growth in Agriculture Spraying & Handling Equipment Define the Equipment type Axis
- Largest Agriculture Tractors · 42%
- Fastest Agriculture Spraying & Handling Equipment · 6.8%
- Moves most Agriculture Tractors · -2 pts
- Order by 2034 unchanged
| Segment | 2025 | Share | 2034 | Share | CAGR |
|---|---|---|---|---|---|
| Agriculture Tractors | $76.44B | 42% | $108B | 40%-2 | 4.1% |
| Harvesting Equipment | $36.40B | 20% | $59.29B | 22%+2 | 5.8% |
| Irrigation & Crop Processing Equipment | $25.48B | 14% | $37.73B | 14% | 4.6% |
| Agriculture Spraying & Handling Equipment | $18.20B | 10% | $32.34B | 12%+2 | 6.8% |
| Soil Preparation & Cultivation Equipment | $16.38B | 9% | $18.87B | 7%-2 | 1.7% |
| Others | $9.10B | 5% | $13.48B | 5% | 4.6% |
Tractors lead because they are the baseline capital purchase for row-crop and mixed farming operations everywhere, used across nearly every stage of production rather than one task. Spraying and handling equipment is growing fastest as farms adopt targeted application to control input costs and meet residue rules, while cultivation equipment lags because tillage practices are shifting toward reduced-till methods that need less dedicated gear. The order does not change: Agriculture Tractors is still largest in 2034, and what moves is how much it holds. Every year of the series is priced on this axis, making it the reference cut for the rest of the report.
By Application · 5 segments
Scale in Threshing and Harvesting and Growth in Plant Protection Define the Application Axis
- Largest Threshing and Harvesting · 32%
- Fastest Plant Protection · 5.7%
- Moves most Land Development · -3 pts
- Order by 2034 unchanged
| Segment | 2025 | Share | 2034 | Share | CAGR |
|---|---|---|---|---|---|
| Land Development | $47.32B | 26% | $61.99B | 23%-3 | 3% |
| Threshing and Harvesting | $58.24B | 32% | $91.63B | 34%+2 | 5.2% |
| Plant Protection | $32.76B | 18% | $53.90B | 20%+2 | 5.7% |
| After Agro Processing | $29.12B | 16% | $43.12B | 16% | 4.5% |
| Others | $14.56B | 8% | $18.87B | 7%-1 | 2.9% |
Threshing and harvesting hold the largest share because grain and cereal harvest windows are short and yield-sensitive, pushing farmers toward mechanized equipment regardless of farm size. Plant protection is growing fastest as pest pressure, input costs and residue regulation together favor precise, equipment-based spraying over manual application, particularly across expanding commercial acreage in Asia Pacific and Latin America. By 2034 Threshing and Harvesting is still ahead, making this a shift in weight, not a change of leader.
By Power Output (Horsepower) · 4 segments
40-100 HP Held the Dominant Share of the Power output (horsepower) Segment in 2025
- Largest 40-100 HP · 38%
- Fastest Above 200 HP · 7.1%
- Moves most 40-100 HP · -3 pts
- Order by 2034 changes
| Segment | 2025 | Share | 2034 | Share | CAGR |
|---|---|---|---|---|---|
| Below 40 HP | $43.68B | 24% | $67.38B | 25%+1 | 4.9% |
| 40-100 HP | $69.16B | 38% | $94.33B | 35%-3 | 3.5% |
| 101-200 HP | $47.32B | 26% | $67.38B | 25%-1 | 4% |
| Above 200 HP | $21.84B | 12% | $40.43B | 15%+3 | 7.1% |
The 40-100 HP band leads because it fits the row-crop and mixed-farming operations that dominate global cultivated acreage, versatile enough for tillage, seeding and light haulage without the cost of a larger machine. Above-200 HP is growing fastest as large commercial and contract farming operations consolidate acreage and shift toward equipment that can cover more ground per pass. 40-100 HP remains the largest line through 2034, so the axis changes in proportion, not in order.
By Drive Type · 3 segments
Two-Wheel Drive Held the Dominant Share of the Drive type Segment in 2025
- Largest Two-Wheel Drive · 58%
- Fastest Track-Type/Crawler · 6.3%
- Moves most Two-Wheel Drive · -6 pts
- Order by 2034 unchanged
| Segment | 2025 | Share | 2034 | Share | CAGR |
|---|---|---|---|---|---|
| Two-Wheel Drive | $106B | 58% | $140B | 52%-6 | 3.2% |
| Four-Wheel Drive | $65.52B | 36% | $111B | 41%+5 | 6% |
| Track-Type/Crawler | $10.92B | 6% | $18.87B | 7%+1 | 6.3% |
Two-wheel drive remains largest because it costs less to buy and maintain, and continues to suit the smaller, lighter-soil operations common across Asia Pacific and parts of Latin America. Four-wheel drive is growing fastest as farms handle heavier implements and work wet or uneven terrain, where the added traction reduces slippage and field time lost to poor conditions. Two-Wheel Drive remains the largest line through 2034, so the axis changes in proportion, not in order.
By End User · 3 segments
Large-Scale & Commercial Farms Held the Dominant Share of the End user Segment in 2025
- Largest Large-Scale & Commercial Farms · 48%
- Fastest Custom Hiring Centers & Equipment Rental Providers · 7.8%
- Moves most Small & Medium Farms · -6 pts
- Order by 2034 unchanged
| Segment | 2025 | Share | 2034 | Share | CAGR |
|---|---|---|---|---|---|
| Large-Scale & Commercial Farms | $87.36B | 48% | $135B | 50%+2 | 4.9% |
| Small & Medium Farms | $72.80B | 40% | $91.63B | 34%-6 | 2.6% |
| Custom Hiring Centers & Equipment Rental Providers | $21.84B | 12% | $43.12B | 16%+4 | 7.8% |
Large-scale and commercial farms account for the most spending because they replace and expand fleets on a fixed capital cycle and can absorb higher-horsepower, technology-equipped machines. Custom hiring centers and rental providers are growing fastest as small and medium farms increasingly choose to pay for access to equipment on a seasonal basis rather than carry ownership costs themselves. Large-Scale & Commercial Farms remains the largest line through 2034, so the axis changes in proportion, not in order.
Regional Insights
Regional Revenue Share
Base year 2025Share of global revenue in the base year.
Only the leading region's share is published outside the report; pins mark the region, not a specific country.
North America Market Analysis
The 2nd-largest region covered, and the one giving up the most — 3 points of share move elsewhere by 2034.
- Rank 2 of 5
- 2025 share 24%
- By 2034 21%
- Revenue $43.68B → $56.60B
In North America, 24% of global revenue puts 2025 at USD 43.68 billion on the way to USD 56.6 billion by 2034. By revenue it sits second across the study, and the ranking does not change between 2025 and 2034.
21% of global revenue sits here in 2034, below the 2025 level, though revenue still rises throughout; the shift is in the region's weight against faster-growing ones, which is not the same as weakening demand.
Segment composition follows the global pattern: Agriculture Tractors largest at 42% of 2025 revenue, Agriculture Spraying & Handling Equipment fastest at 6.76%. Per-axis and per-country detail for North America sits in the full report.
United States
Sets the pace for North America at 78% of it, growing 1.3×.
- In region 1 of 2
- Of region 78%
- Of global 18.7%
- Revenue $34.07B → $44.15B
The United States is the largest market within North America, generating USD 34.07 billion in 2025 and projected to reach USD 44.15 billion by 2034. Carrying 78% of the region in the base year, it sets North America's direction instead of merely contributing to it. The region itself runs USD 43.68 billion to USD 56.6 billion over the same period, and this is the market carrying the country-level detail in the full report.
Demand in the United States follows the equipment type mix reported at global level: Agriculture Tractors is the largest line at 42% of 2025 revenue, moving to 40% by 2034, while Agriculture Spraying & Handling Equipment grows fastest at 6.76% and takes its share from 10% to 12%. Because the country carries 78% of North America, a movement in its own mix shows up in the regional totals instead of being averaged away by neighbouring markets. Revenue by equipment type for the United States is reported separately in the full report.
In the United States, no single federal agency serves as a dedicated regulator for agricultural equipment; oversight is divided among several bodies. The Environmental Protection Agency sets nonroad diesel engine emission standards that manufacturers must meet before equipment can be sold. The Occupational Safety and Health Administration, together with voluntary ASABE engineering standards, governs operator protection features such as rollover protective structures and power take-off shielding. Equipment travelling on public roads between fields also falls under individual state vehicle codes. Suppliers are expected to self-certify conformity with these engine, safety and structural requirements and to supply operator manuals and safety labelling consistent with ANSI and ASABE guidance.
Competition in the United States runs between the suppliers this study tracks: AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others. Volume sits in Agriculture Tractors at 42% of 2025 revenue; movement sits in Agriculture Spraying & Handling Equipment at 6.76% growth. Country-level shares and positioning per company sit in the full report.
Canada
2nd-largest in North America, growing 1.3×.
- In region 2 of 2
- Of region 22%
- Of global 5.3%
- Revenue $9.61B → $12.45B
5.28% of global revenue is generated in Canada; USD 9.61 billion in 2025, reaching USD 12.45 billion in 2034, and 22% of North America.
Europe Market Analysis
The 3rd-largest region covered — 2 points of share move elsewhere by 2034.
- Rank 3 of 5
- 2025 share 20%
- By 2034 18%
- Revenue $36.40B → $48.51B
USD 36.4 billion of 2025 revenue is generated in Europe, 20% of the global agriculture equipment market rising to USD 48.51 billion in 2034. By revenue it sits third across the study, and the ranking does not change between 2025 and 2034.
By 2034 the share stands at 18%, while nothing contracts here; other regions simply grow faster, which shows up as relative weight, not as falling revenue.
Within the region the equipment type split tracks the global one; 42% of 2025 revenue in Agriculture Tractors, fastest growth of 6.76% in Agriculture Spraying & Handling Equipment. Europe is reported axis by axis and country by country in the full study.
Germany
The largest market in Europe, growing 1.3×.
- In region 1 of 3
- Of region 30%
- Of global 6%
- Revenue $10.92B → $14.55B
The largest single market in Europe is Germany, at USD 10.92 billion in 2025 and USD 14.55 billion in 2034. Its 30% of base-year regional revenue leads the region, though enough sits elsewhere that Europe is not a proxy for it. Regional revenue of USD 36.4 billion in 2025 and USD 48.51 billion in 2034 sits around it, and it is the country used wherever the full report cuts a figure by geography.
The equipment type pattern in Germany is the global one: 42% of 2025 revenue in Agriculture Tractors, 40% by 2034, against 6.76% growth in Agriculture Spraying & Handling Equipment taking it from 10% to 12%. With 30% of Europe concentrated here, a change in this country's mix is visible in the regional figures instead of being diluted by its neighbours. Per-equipment type revenue for Germany appears on its own in the full report.
Germany applies the European Union's machinery and vehicle frameworks directly. Agricultural equipment must satisfy the EU Machinery Regulation before it can carry the CE mark, covering guarding, stability and operator controls. Self-propelled machines such as tractors and harvesters additionally require type approval under the EU framework for agricultural and forestry vehicles, administered domestically by the Kraftfahrt-Bundesamt, which confirms that a model meets braking, lighting and structural requirements before registration is granted. Manufacturers must also conform to the relevant DIN and EN engineering standards referenced under these regimes. Labelling must identify the manufacturer, model and safety warnings in German, and technical documentation must be retained to support ongoing market surveillance.
AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others are the suppliers covered in Germany. Volume sits in Agriculture Tractors at 42% of 2025 revenue; movement sits in Agriculture Spraying & Handling Equipment at 6.76% growth. A supplier weighted toward Europe is competing over a base of USD 36.4 billion in 2025 reaching USD 48.51 billion by 2034, 20% of global revenue at the start of that period.
France
2nd-largest in Europe, growing 1.3×.
- In region 2 of 3
- Of region 22%
- Of global 4.4%
- Revenue $8.01B → $10.67B
4.4% of global revenue is generated in France; USD 8.01 billion in 2025, reaching USD 10.67 billion in 2034, and 22% of Europe.
Italy
3rd-largest in Europe, growing 1.3×.
- In region 3 of 3
- Of region 18%
- Of global 3.6%
- Revenue $6.55B → $8.73B
Within Europe, Italy accounts for 18% of regional revenue and 3.6% of the global total, worth USD 6.55 billion in 2025 and USD 8.73 billion by 2034.
Asia Pacific Market Analysis
The largest region covered — it picks up 3 points of share by 2034.
- Rank 1 of 5
- 2025 share 38%
- By 2034 41%
- Revenue $69.16B → $111B
38% of the global agriculture equipment market sits in Asia Pacific in 2025, worth USD 69.16 billion and reaches USD 110.5 billion by 2034. It is a dominant region on this axis, first by revenue throughout the period.
Share climbs to 41% by 2034, so the region grows faster than the market's 4.64% and takes a larger part of the revenue added by 2034 than its 2025 weight implies.
Segment composition follows the global pattern: Agriculture Tractors largest at 42% of 2025 revenue, Agriculture Spraying & Handling Equipment fastest at 6.76%. The full report breaks Asia Pacific out along every axis and by country.
China
The largest market in Asia Pacific, growing 1.6×.
- In region 1 of 3
- Of region 42%
- Of global 16%
- Revenue $29.05B → $46.41B
The largest single market in Asia Pacific is China, at USD 29.05 billion in 2025 and USD 46.41 billion in 2034. Its 42% of base-year regional revenue leads the region, though enough sits elsewhere that Asia Pacific is not a proxy for it. Set against USD 69.16 billion and USD 110.5 billion for the region, it is why this market, and not a smaller one, is the one reported in full.
The equipment type pattern in China is the global one: 42% of 2025 revenue in Agriculture Tractors, 40% by 2034, against 6.76% growth in Agriculture Spraying & Handling Equipment taking it from 10% to 12%. With 42% of Asia Pacific concentrated here, a change in this country's mix is visible in the regional figures instead of being diluted by its neighbours. The full report reports China by equipment type separately.
China regulates agricultural equipment through the Ministry of Agriculture and Rural Affairs alongside the national compulsory standards system overseen by the State Administration for Market Regulation. Machinery sold domestically must conform to the applicable national standards covering safety guarding, structural strength and emissions before it can be marketed, and models seeking inclusion in the government's agricultural machinery subsidy catalogue face an additional quality and performance evaluation administered by the agriculture ministry. Labelling must identify the manufacturer and model and carry the required compulsory certification mark where the equipment category falls within its scope. Importers are expected to demonstrate the same conformity as domestic producers before customs clearance is granted.
AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others are the suppliers covered in China. Volume sits in Agriculture Tractors at 42% of 2025 revenue; movement sits in Agriculture Spraying & Handling Equipment at 6.76% growth. A supplier weighted toward Asia Pacific is competing over a base of USD 69.16 billion in 2025 reaching USD 110.5 billion by 2034, 38% of global revenue at the start of that period.
India
2nd-largest in Asia Pacific, growing 1.6×.
- In region 2 of 3
- Of region 28%
- Of global 10.6%
- Revenue $19.36B → $30.94B
10.64% of global revenue is generated in India; USD 19.36 billion in 2025, reaching USD 30.94 billion in 2034, and 28% of Asia Pacific.
Japan
3rd-largest in Asia Pacific, growing 1.6×.
- In region 3 of 3
- Of region 10%
- Of global 3.8%
- Revenue $6.92B → $11.05B
Japan is sized at USD 6.92 billion in 2025, rising to USD 11.05 billion by 2034; 3.8% of global revenue and 10% of Asia Pacific. It is reported separately from China across every segmentation axis in the full report.
Latin America Market Analysis
The 4th-largest region covered — it picks up 1 point of share by 2034, while revenue still grows 1.6×.
- Rank 4 of 5
- 2025 share 12%
- By 2034 13%
- Revenue $21.84B → $35.04B
USD 21.84 billion of 2025 revenue is generated in Latin America, 12% of the global agriculture equipment market with USD 35.04 billion projected for 2034. Among the five regions it ranks fourth by revenue in both years.
By 2034 the share has moved up to 13%, at a pace above the 4.64% global rate, so this region warrants separate treatment and should not be scaled off the total.
Agriculture Tractors leads here as it does globally, at 42% of 2025 revenue, and Agriculture Spraying & Handling Equipment again grows fastest at 6.76%. Latin America is reported axis by axis and country by country in the full study.
Brazil
The largest market in Latin America, growing 1.6×.
- In region 1 of 2
- Of region 55%
- Of global 6.6%
- Revenue $12.01B → $19.27B
Brazil is the largest market within Latin America, generating USD 12.01 billion in 2025 and projected to reach USD 19.27 billion by 2034. It accounts for 55% of regional revenue in the base year, the largest single share without dominating the region outright. Against regional totals of USD 21.84 billion in 2025 and USD 35.04 billion in 2034, it is the country the full report breaks out in detail.
Composition here matches the global split: the largest line is Agriculture Tractors at 42% of 2025 revenue, easing to 40% by 2034, and the fastest is Agriculture Spraying & Handling Equipment at 6.76%, from 10% to 12%. Since 55% of Latin America's revenue is generated here, the regional numbers inherit this market's mix instead of smoothing it out. The full report reports Brazil by equipment type separately.
In Brazil, agricultural equipment is overseen jointly by the Ministry of Agriculture, Livestock and Food Supply and the national metrology body, INMETRO. Tractors and self-propelled machines must be registered with the agriculture ministry before sale, confirming technical specifications and safety features such as rollover protection and power take-off guarding. INMETRO sets conformity assessment and labelling requirements that manufacturers and importers must meet, including technical rating plates and operator manuals in Portuguese. Equipment imported from abroad is subject to the same registration and conformity process as domestically produced machinery, and dealers are expected to confirm valid certification before a unit reaches a customer.
The suppliers tracked in this study (AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others) compete in Brazil across the equipment type lines above. Two different problems sit on the same axis: holding Agriculture Tractors at 42% of 2025 revenue, and taking Agriculture Spraying & Handling Equipment while it grows at 6.76%. A supplier weighted toward Latin America is competing over a base of USD 21.84 billion in 2025 reaching USD 35.04 billion by 2034, 12% of global revenue at the start of that period.
Mexico
2nd-largest in Latin America, growing 1.6×.
- In region 2 of 2
- Of region 20%
- Of global 2.4%
- Revenue $4.37B → $7.01B
Mexico is sized at USD 4.37 billion in 2025, rising to USD 7.01 billion by 2034; 2.4% of global revenue and 20% of Latin America. It is reported separately from Brazil across every segmentation axis in the full report.
Middle East and Africa Market Analysis
The 5th-largest region covered — it picks up 1 point of share by 2034, while revenue still grows 1.7×.
- Rank 5 of 5
- 2025 share 6%
- By 2034 7%
- Revenue $10.92B → $18.87B
In Middle East and Africa, 6% of global revenue puts 2025 at USD 10.92 billion rising to USD 18.87 billion in 2034. It is a marginal region on this axis, fifth by revenue throughout the period.
Share climbs to 7% by 2034, so the region grows faster than the market's 4.64% and takes a larger part of the revenue added by 2034 than its 2025 weight implies.
The equipment type mix reported at global level applies here, with Agriculture Tractors the largest line at 42% of 2025 revenue and Agriculture Spraying & Handling Equipment the fastest-growing at 6.76%. Per-axis and per-country detail for Middle East and Africa sits in the full report.
South Africa
The largest market in Middle East and Africa, growing 1.7×.
- In region 1 of 2
- Of region 30%
- Of global 1.8%
- Revenue $3.28B → $5.66B
The largest single market in Middle East and Africa is South Africa, at USD 3.28 billion in 2025 and USD 5.66 billion in 2034. Its 30% of base-year regional revenue leads the region, though enough sits elsewhere that Middle East and Africa is not a proxy for it. Regional revenue of USD 10.92 billion in 2025 and USD 18.87 billion in 2034 sits around it, and it is the country used wherever the full report cuts a figure by geography.
South Africa buys along the same lines as the market globally; Agriculture Tractors first at 42% of 2025 revenue and 40% in 2034, Agriculture Spraying & Handling Equipment fastest at 6.76% on a share moving from 10% to 12%. Because the country carries 30% of Middle East and Africa, a movement in its own mix shows up in the regional totals instead of being averaged away by neighbouring markets. The full report reports South Africa by equipment type separately.
South Africa regulates agricultural equipment mainly through compulsory specifications administered by the National Regulator for Compulsory Specifications, which sets mandatory safety requirements for categories such as guarding and structural protection on tractors and other self-propelled machines. Equipment outside the compulsory scope is generally expected to meet voluntary South African National Standards published by the South African Bureau of Standards. The Department of Agriculture, Land Reform and Rural Development issues guidance on equipment suitability for local farming conditions, and the Occupational Health and Safety Act governs machine guarding and operator safety once equipment is in use. Suppliers must provide labelling and documentation confirming conformity with whichever regime applies to their product.
Competition in South Africa runs between the suppliers this study tracks: AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others. Agriculture Tractors, at 42% of 2025 revenue, is where the volume sits, and Agriculture Spraying & Handling Equipment, growing at 6.76%, is where position changes hands over the forecast period. A supplier weighted toward Middle East and Africa is competing over a base of USD 10.92 billion in 2025 reaching USD 18.87 billion by 2034, 6% of global revenue at the start of that period.
Saudi Arabia
2nd-largest in Middle East and Africa, growing 1.7×.
- In region 2 of 2
- Of region 22%
- Of global 1.3%
- Revenue $2.40B → $4.15B
1.32% of global revenue is generated in Saudi Arabia; USD 2.4 billion in 2025, reaching USD 4.15 billion in 2034, and 22% of Middle East and Africa.
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Report Coverage
This report assesses the market across every segment, with revenue and a growth rate for each line in each year of the study period. It covers the drivers, trends, opportunities, restraints and challenges shaping growth, the competitive landscape and the companies profiled, and the research methodology behind every estimate. Segmentation is reported by Equipment Type, Application, Power Output (Horsepower), Drive Type, End User, and regional analysis covers North America, Europe, Asia Pacific, Latin America, Middle East and Africa, each broken out by country.
Competitive Landscape
Suppliers Compete on Agriculture Tractors Volume and Agriculture Spraying & Handling Equipment Momentum
Suppliers in scope: AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.) and Others.
Where suppliers actually compete is along the equipment type axis. Volume sits in Agriculture Tractors, USD 76.44 billion and 42% of 2025 revenue, 40% by 2034, which is also where an incumbent is hardest to dislodge. Agriculture Spraying & Handling Equipment, compounding at 6.76% against 1.72% for Soil Preparation & Cultivation Equipment, is where share changes hands over the forecast period. The two rarely sit with the same supplier, and that is the reason a USD 182 billion market is not already consolidated.
Scale in manufacturing and engine development separates the largest suppliers, letting them cover the full horsepower range and meet tightening emissions standards across every region without relying on a single platform. The largest full-line manufacturers hold the deepest dealer networks and in-house financing arms, which matter more to a commercial buyer than list price once repair turnaround and resale value are weighed. Regional and specialist manufacturers compete on lower price points, proximity service and equipment suited to local soil and crop conditions rather than trying to match the full-line players on range or technology content, and private-label distribution gives some regional players share in price-sensitive segments.
Geographic reach is the other axis of competition. Asia Pacific alone accounts for 38% of 2025 revenue, so a supplier absent there is absent from the largest part of the market whatever its position elsewhere; North America adds a further 24%.
The full report carries a profile, financials, share and development history for each company named; none of that is in this summary.
List of Key Agriculture Equipment Market Companies Profiled
11 companies profiled. Company profiles, including financials, product portfolios and recent developments, are part of the full report.
- AGCO Corporation (U.S.)
- Alamo Group Inc. (U.S.)
- China National Machinery Industry Corporation (China)
- CNH Industrial N.V. (U.K.)
- CLAAS KGaA GmbH (Japan)
- Deere & Company (U.S.)
- Kubota Corporation (Japan)
- Mahindra & Mahindra (India)
- SDF S.p.A. (Italy)
- Valmont Industries Inc. (U.S.)
- Others
Geographic Coverage
Every market below is broken out separately in the report.
North America
3Europe
8Asia Pacific
12Latin America
3Middle East and Africa
4Key Insights
Report Scope
Study parameters & segmentationThis study covers market size and forecasts over the 2020–2034 period, segmentation across 5 axes (Equipment Type, Application, Power Output (Horsepower), Drive Type, End User), regional analysis for 5 regions and their constituent countries, a competitive landscape profiling 11 key companies, and the research methodology behind every estimate.
Segmentation
5 axes + regionFull chapter-and-section structure of the report. Segment, region, and company breakdowns are listed as scope. The underlying figures are in the sample and full report.
Table of Contents+−
Chapter 1.Executive Summary
Chapter 2.Premium Insights
Chapter 3.Market Definition
Chapter 4.Research Methodology
Chapter 5.Strategic Imperatives & Market Outlook
Chapter 6.Go-to-Market (GTM) Strategies
Chapter 7.Market Trends, Strategy & Dynamics
Chapter 8.Porter's Five Forces
Chapter 9.PESTEL Analysis
Chapter 10.Value Chain Analysis
Chapter 11.Supply Chain Analysis
Chapter 12.Macro-Economic Factors
Chapter 13.Market Cost Analysis
Chapter 14.Market Supply-Side Analysis
Chapter 15.Global Agriculture Equipment Market Size & Projections, 2020–2034, Revenue (USD Billion)
Chapter 16.Global Agriculture Equipment Market Overview, By Equipment Type, 2020–2034, Revenue (USD Billion)
Chapter 17.Global Agriculture Equipment Market Overview, By Application, 2020–2034, Revenue (USD Billion)
Chapter 18.Global Agriculture Equipment Market Overview, By Power Output (Horsepower), 2020–2034, Revenue (USD Billion)
Chapter 19.Global Agriculture Equipment Market Overview, By Drive Type, 2020–2034, Revenue (USD Billion)
Chapter 20.Global Agriculture Equipment Market Overview, By End User, 2020–2034, Revenue (USD Billion)
Chapter 21.Global Agriculture Equipment Market Size — Segment Comparison
Chapter 22.Global Agriculture Equipment Geography Overview, 2020–2034, Revenue (USD Billion)
Chapter 23.North America Agriculture Equipment Market Deep-Dive, 2020–2034, Revenue (USD Billion)
Chapter 24.Europe Agriculture Equipment Market Deep-Dive, 2020–2034, Revenue (USD Billion)
Chapter 25.Asia Pacific Agriculture Equipment Market Deep-Dive, 2020–2034, Revenue (USD Billion)
Chapter 26.Latin America Agriculture Equipment Market Deep-Dive, 2020–2034, Revenue (USD Billion)
Chapter 27.Middle East and Africa Agriculture Equipment Market Deep-Dive, 2020–2034, Revenue (USD Billion)
Chapter 28.Application / Use-Case Analysis
Chapter 29.Vendor Capability Scorecard
Chapter 30.Scenario Forecasts
Chapter 31.Top 10 Key Clients of Top 10 Players
Chapter 32.Top 10 Suppliers
Chapter 33.Competitive Landscape
Chapter 34.Partnerships & M&A
Chapter 35.Key Vendor Analysis
Chapter 36.Marketing Strategy Analysis, Distributors & Traders
Chapter 37.Outlook of the Market
Chapter 38.Concluding Analyst Note
List of Figures+−
Structural index generated from this report's own section headings, not verified against the delivered report's actual figure numbering.
List of Tables+−
Structural index generated from this report's own section headings, not verified against the delivered report's actual table numbering.
Segmentation Analysis
5 axesBy Equipment Type
6- 01Agriculture Tractors
- 02Harvesting Equipment
- 03Irrigation & Crop Processing Equipment
- 04Agriculture Spraying & Handling Equipment
- 05Soil Preparation & Cultivation Equipment
- 06Others
By Application
5- 01Land Development
- 02Threshing and Harvesting
- 03Plant Protection
- 04After Agro Processing
- 05Others
By Power Output (Horsepower)
4- 01Below 40 HP
- 0240-100 HP
- 03101-200 HP
- 04Above 200 HP
By Drive Type
3- 01Two-Wheel Drive
- 02Four-Wheel Drive
- 03Track-Type/Crawler
By End User
3- 01Large-Scale & Commercial Farms
- 02Small & Medium Farms
- 03Custom Hiring Centers & Equipment Rental Providers
Segment categories shown for scope reference. See the Summary tab for revenue share by By Equipment Type. Full segment-by-segment detail across every axis is available in the sample and full report.
Research approach
A market size is a claim about the world, and a claim is only as good as the route to it. Every study is built upward from units and prices — what is actually produced, sold or performed, at what it actually changes hands for — rather than from a headline figure divided downwards. Disclosed company revenue is then used to check that build, not to produce it.
The market was built upward from unit shipment volumes for tractors and major implement categories, tracked separately by horsepower band and region, and multiplied by realized average selling prices drawn from dealer and distributor pricing. That unit-times-price build was then checked against revenue disclosed by the largest listed manufacturers in their segment reporting; where the two diverged, the correction was made to the underlying unit or price assumption rather than to the total, since the disclosed revenue is the harder number and the shipment estimate is the one carrying the greater uncertainty. Horsepower-band splits and regional mix were the two inputs adjusted most often during this reconciliation.
The four stages
The same sequence runs behind every published study, whatever the industry. The order matters as much as the steps: the segment axes are fixed before any number is collected, so the model is never reshaped to fit whatever data happens to turn up.
What the build rests on, and what checks it
The two are not interchangeable. The left column produces the number; the right column tests it. When the check disagrees with the build, the answer is to find which bottom-up assumption is wrong — a unit count, a price, a take-up rate — not to split the difference between them.
- Volume actually transacted — units produced, installed, dispensed or procedures performed, counted at the level each is genuinely recorded
- Realised pricing by tier and channel, rather than one blended average applied across the whole market
- Take-up and frequency: how much of the addressable base buys, and how often it repeats
- Disclosed revenue of the companies serving the market, where filings separate it far enough to be usable
- Buyer-side spending totals — capital budgets, procurement lines, or the output of the end market the product is bought against
- Trade and customs flows, where the product crosses borders in a separately recorded form
Data sources
Published data establishes what happened. Only the people transacting in a market can say why, and what is about to change — so the two are collected separately and weighted differently.
- Commercial and product leadership at the companies that supply the market
- Procurement and specification leads at the organisations that buy it
- Distributors, integrators and channel partners, where the market is served indirectly
- Regulatory and standards specialists, where approval governs what can be sold at all
- Company filings, annual reports and investor disclosure
- Government statistics, customs records and regulatory registers
- Trade association output and standards-body publications
- Technical and peer-reviewed literature, where the market rests on a clinical or engineering claim
Interviews were directed at the roles that actually decide equipment purchases and set channel terms: dealer principals and regional sales managers at OEM distributors, farm and fleet procurement leads at large commercial operations, and product-compliance staff who manage engine-emissions and safety homologation for new equipment lines. Sampling weighted toward North America, Europe and the largest Asia Pacific markets, where dealer networks are established enough to give a reliable read on order backlogs and financing terms, supplemented by input from equipment rental and custom-hiring operators in markets where ownership is increasingly being substituted by rental access.
Desk research drew on national tractor and equipment type-approval and registration registers, customs trade data filed under HS codes 8701.9 (tractors) and 8433 (harvesting machinery), shipment and retail-sales statistics published by industry associations including the Association of Equipment Manufacturers and the European Agricultural Machinery Association (CEMA), farm income and mechanization-funding data published by national agriculture ministries, and the segment disclosures in the annual reports and regulatory filings of the largest listed manufacturers, supplemented by used-equipment auction and resale price data as a secondary check on realized pricing.
Desk research runs across proprietary research databases including Factiva, OneSource and Hoovers alongside the public sources above. Modelling and statistical validation are run in SAS and SPSS.
Forecasting
The forecast is not a growth rate applied to a base year. It is built from the drivers that are expected to change, each one stated so a reader can disagree with it.
The forecast is built from projected fleet replacement timing in mature markets, mechanization penetration curves in under-equipped regions, and expected average selling prices as engine-emissions standards and automation content continue to raise the specification of new equipment sold. It assumes farm commodity prices and credit availability stay close to their recent range rather than moving sharply in either direction, and it normalizes the 2020-2021 order backlog and supply-chain disruption out of the base trend instead of carrying that disruption into future years. The forecast holds only if mechanization funding programs in the largest emerging markets continue at broadly their current pace.
Triangulation and validation
No figure enters a report on the strength of one source. Where the two sizing routes disagree the difference is not averaged away — the assumption causing it is isolated, tested against a third independent measure, and either corrected or carried forward as a stated limitation. Historical years are back-tested against the growth actually recorded before any forecast is allowed to run forward from them.
Historical output was back-tested against recorded shipment and revenue growth for 2020 through 2024 to confirm the unit-times-price build reproduces known outcomes before being extended forward. Segment and regional share shifts were reviewed against the same manufacturer and dealer sources used in primary research to confirm the direction of movement is consistent with what those participants described. Sensitivities were run on the horsepower-band mix and on the pace of Asia Pacific mechanization funding, the two inputs most likely to move the total materially in either direction.
Confidence and limitations
Where an estimate is firm and where it is not is stated rather than left to be inferred from the precision of the number.
Confidence is firmest in the tractor and harvesting equipment lines in North America, Europe and the largest Asia Pacific markets, where dealer shipment data and listed-manufacturer disclosures are both available and consistent with each other. It is weaker in smaller Middle East and Africa markets and in the custom-hiring and rental channel, where reporting is thinner and unit economics are inferred rather than directly observed. A sustained swing in farm commodity prices or credit availability is the structural risk most likely to force a revision to this estimate.
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Questions This Report Answers
6 questionsWhat is the market size and growth rate, globally and by region?
How is the market segmented, and which segments lead?
Which regions and countries are covered, and how do they compare?
What are the key drivers, restraints, opportunities and challenges?
Who are the leading companies operating in this market?
What trends are expected to shape the market through the forecast period?
Frequently Asked Questions
01What is the Agriculture Equipment Market projected to reach?
USD 269.5 Billion by 2034, CAGR 4.64%
02What years does this report cover?
Study period 2020–2034, base year 2025, historical data 2020-2024, forecast period 2026-2034.
03Which regions are covered?
North America, Europe, Asia Pacific, Latin America, Middle East and Africa.
04Which region accounted for the largest market share?
Asia Pacific leads with 38% of global revenue through 2034.
05Which segment leads the market?
Agriculture Tractors is the largest line by Equipment Type, at 42% of revenue in 2025.
06Who are the key companies profiled?
AGCO Corporation (U.S.), Alamo Group Inc. (U.S.), China National Machinery Industry Corporation (China), CNH Industrial N.V. (U.K.), CLAAS KGaA GmbH (Japan), Deere & Company (U.S.), Kubota Corporation (Japan), Mahindra & Mahindra (India), SDF S.p.A. (Italy), Valmont Industries Inc. (U.S.), Others. Full profiles are part of the paid report.
07Can the segmentation be customized?
Yes. Custom data cuts by geography, segment, or competitor set are available on request.
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