Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Agricultural Machinery Market by Type (Tractor and Power, Soil Cultivation, Planting, Fertilizing & Pest Control, Irrigation, Produce Sorter, Harvesting / Post-harvest, Others), By Application (Alloy Production, Agriculture, Polishing, Aerospace, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Agricultural Machinery Market by Type (Tractor and Power, Soil Cultivation, Planting, Fertilizing & Pest Control, Irrigation, Produce Sorter, Harvesting / Post-harvest, Others), By Application (Alloy Production, Agriculture, Polishing, Aerospace, Others) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131644 3300 Machinery & Equipment 377 246 Pages 5 (37)

Market Overview:

The global agricultural machinery market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for food owing to the growing population, rising income levels, and changing dietary habits across the globe. In addition, technological advancements in agricultural machinery are also propelling the growth of this market. On the basis of type, tractors and power equipment held a major share of the global agricultural machinery market in 2017. This segment is projected to grow at a CAGR of 5.8% during 2018-2030 due to increasing demand for mechanization in agriculture sector across different countries worldwide. Soil cultivation equipment is another key type segment that is anticipated witness high growth rate over next decade on account escalating adoption rates coupled with technological advancements made in this product category over past few years . Planting equipment (seeders & transplanters), fertilizing & pest control equipments (sprayers & dusters), irrigation systems. Regionally, North America accounted for largest revenue share followed by Europe in 2017 Agricultural Machinery Market .

Global Agricultural Machinery Industry Outlook

Product Definition:

The term agricultural machinery refers to the machines and equipment used in modern agriculture. They include tractors, harvesters, threshers, seeders, sprayers and other machines used for tilling the soil, planting crops, harvesting crops or controlling pests. Agricultural machinery has greatly increased the efficiency of modern farming operations and made it possible to produce larger quantities of food with fewer people.

Tractor and Power:

Tractor and power is a combination of two machines, which are used for agricultural purposes. The main function of the tractor is to provide mechanical advantage to the operator and power for working the implement or machinery. Tractors are widely used in agriculture sector as they help in cultivation, harvesting, seeding & fertilizing among others.

The global tractor market is expected to witness significant growth over the forecast period owing to increasing demand from developing countries such as India.

Soil Cultivation:

Soil cultivation is the process of improving soil quality by increasing its fertility. It involves techniques such as adding organic matter, aeration, and mulching to increase the biological content of soil. Cultivation also helps in making better use of resources such as phosphorous & potassium which are naturally present in the soil but in limited quantities.

The global agriculture industry has been witnessing several technological innovations over recent years owing to rising demand for food worldwide.

Application Insights:

The global demand for agricultural machinery has witnessed a paradigm shift due to the changing dynamics of the agriculture sector. The sector is witnessing an increase in demand for technologically advanced equipment, which can be used to improve crop productivity. This factor is anticipated to drive growth over the forecast period.

Aerospace was one of the prominent applications in 2017 and accounted for 20% of total industry revenue that year. The segment is expected to witness significant growth owing to increasing use of sophisticated equipment and parts across various aircraft types including passenger jets, business jets, military aircrafts and helicopters among others.         Agriculture emerged as one of the prominent segments in 2017 with a share estimated at 19%. It was followed by alloy production (8%), polishing (7%) and others (7%).

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, which has led to an increase in agricultural mechanization. Moreover, increasing disposable income levels coupled with government initiatives such as “Housing for All by 2022” and “One Child per Couple Policy” implemented by China are expected to drive demand for agricultural machinery over the next eight years.

Europe was valued at USD X billion in 2017 owing to growing demand from countries including Russia, Spain, France and Italy among others. Countries such as Germany have a well-developed agriculture sector due to which it attracts considerable attention from investors looking for lucrative opportunities within agriculture industry thereby driving regional growth.

Growth Factors:

  • Increasing demand for food due to population growth
  • Rising income levels of consumers in developing countries
  • Technological advancements in agricultural machinery
  • Government policies and subsidies for agricultural machinery
  • Growing awareness about the benefits of using agricultural machinery

Scope Of The Report

Report Attributes

Report Details

Report Title

Agricultural Machinery Market Research Report

By Type

Tractor and Power, Soil Cultivation, Planting, Fertilizing & Pest Control, Irrigation, Produce Sorter, Harvesting / Post-harvest, Others

By Application

Alloy Production, Agriculture, Polishing, Aerospace, Others

By Companies

Kverneland AS, Grimme, Lemken, Rabe, Rauch, Monosem, AMAZONEN-Werke, Ten Square, Monosem, Great Plains, OXBO, Hagie, Double L, Top Air, CHALLENGER, AGCO, New Holland, John Deere, CNH, Kinze

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Agricultural Machinery Market Report Segments:

The global Agricultural Machinery market is segmented on the basis of:


Tractor and Power, Soil Cultivation, Planting, Fertilizing & Pest Control, Irrigation, Produce Sorter, Harvesting / Post-harvest, Others

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Alloy Production, Agriculture, Polishing, Aerospace, Others

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Kverneland AS
  2. Grimme
  3. Lemken
  4. Rabe
  5. Rauch
  6. Monosem
  7. AMAZONEN-Werke
  8. Ten Square
  9. Monosem
  10. Great Plains
  11. OXBO
  12. Hagie
  13. Double L
  14. Top Air
  16. AGCO
  17. New Holland
  18. John Deere
  19. CNH
  20. Kinze

Global Agricultural Machinery Market Overview

Highlights of The Agricultural Machinery Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Tractor and Power
    2. Soil Cultivation
    3. Planting
    4. Fertilizing & Pest Control
    5. Irrigation
    6. Produce Sorter
    7. Harvesting / Post-harvest
    8. Others
  1. By Application:

    1. Alloy Production
    2. Agriculture
    3. Polishing
    4. Aerospace
    5. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Agricultural Machinery Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Agricultural Machinery Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Agricultural Machinery Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Agricultural Machinery Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Agricultural Machinery Market - Supply Chain
   4.5. Global Agricultural Machinery Market Forecast
      4.5.1. Agricultural Machinery Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Agricultural Machinery Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Agricultural Machinery Market Absolute $ Opportunity

5. Global Agricultural Machinery Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Agricultural Machinery Market Size and Volume Forecast by Type
      5.3.1. Tractor and Power
      5.3.2. Soil Cultivation
      5.3.3. Planting
      5.3.4. Fertilizing & Pest Control
      5.3.5. Irrigation
      5.3.6. Produce Sorter
      5.3.7. Harvesting / Post-harvest
      5.3.8. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Agricultural Machinery Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Agricultural Machinery Market Size and Volume Forecast by Application
      6.3.1. Alloy Production
      6.3.2. Agriculture
      6.3.3. Polishing
      6.3.4. Aerospace
      6.3.5. Others
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Agricultural Machinery Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Agricultural Machinery Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Agricultural Machinery Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Agricultural Machinery Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Agricultural Machinery Demand Share Forecast, 2019-2029

9. North America Agricultural Machinery Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Agricultural Machinery Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Agricultural Machinery Market Size and Volume Forecast by Application
      9.4.1. Alloy Production
      9.4.2. Agriculture
      9.4.3. Polishing
      9.4.4. Aerospace
      9.4.5. Others
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Agricultural Machinery Market Size and Volume Forecast by Type
      9.7.1. Tractor and Power
      9.7.2. Soil Cultivation
      9.7.3. Planting
      9.7.4. Fertilizing & Pest Control
      9.7.5. Irrigation
      9.7.6. Produce Sorter
      9.7.7. Harvesting / Post-harvest
      9.7.8. Others
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Agricultural Machinery Demand Share Forecast, 2019-2029

10. Latin America Agricultural Machinery Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Agricultural Machinery Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Agricultural Machinery Market Size and Volume Forecast by Application
      10.4.1. Alloy Production
      10.4.2. Agriculture
      10.4.3. Polishing
      10.4.4. Aerospace
      10.4.5. Others
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Agricultural Machinery Market Size and Volume Forecast by Type
      10.7.1. Tractor and Power
      10.7.2. Soil Cultivation
      10.7.3. Planting
      10.7.4. Fertilizing & Pest Control
      10.7.5. Irrigation
      10.7.6. Produce Sorter
      10.7.7. Harvesting / Post-harvest
      10.7.8. Others
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Agricultural Machinery Demand Share Forecast, 2019-2029

11. Europe Agricultural Machinery Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Agricultural Machinery Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Agricultural Machinery Market Size and Volume Forecast by Application
      11.4.1. Alloy Production
      11.4.2. Agriculture
      11.4.3. Polishing
      11.4.4. Aerospace
      11.4.5. Others
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Agricultural Machinery Market Size and Volume Forecast by Type
      11.7.1. Tractor and Power
      11.7.2. Soil Cultivation
      11..3. Planting
      11.7.4. Fertilizing & Pest Control
      11.7.5. Irrigation
      11.7.6. Produce Sorter
      11.7.7. Harvesting / Post-harvest
      11.7.8. Others
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Agricultural Machinery Demand Share, 2019-2029

12. Asia Pacific Agricultural Machinery Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Agricultural Machinery Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Agricultural Machinery Market Size and Volume Forecast by Application
      12.4.1. Alloy Production
      12.4.2. Agriculture
      12.4.3. Polishing
      12.4.4. Aerospace
      12.4.5. Others
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Agricultural Machinery Market Size and Volume Forecast by Type
      12.7.1. Tractor and Power
      12.7.2. Soil Cultivation
      12.7.3. Planting
      12.7.4. Fertilizing & Pest Control
      12.7.5. Irrigation
      12.7.6. Produce Sorter
      12.7.7. Harvesting / Post-harvest
      12.7.8. Others
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Agricultural Machinery Demand Share, 2019-2029

13. Middle East & Africa Agricultural Machinery Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Agricultural Machinery Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Agricultural Machinery Market Size and Volume Forecast by Application
      13.4.1. Alloy Production
      13.4.2. Agriculture
      13.4.3. Polishing
      13.4.4. Aerospace
      13.4.5. Others
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Agricultural Machinery Market Size and Volume Forecast by Type
      13.7.1. Tractor and Power
      13.7.2. Soil Cultivation
      13.7.3. Planting
      13.7.4. Fertilizing & Pest Control
      13.7.5. Irrigation
      13.7.6. Produce Sorter
      13.7.7. Harvesting / Post-harvest
      13.7.8. Others
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Agricultural Machinery Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Agricultural Machinery Market: Market Share Analysis
   14.2. Agricultural Machinery Distributors and Customers
   14.3. Agricultural Machinery Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Kverneland AS Overview Financials Developments Strategic Outlook
      14.4.2. Grimme Overview Financials Developments Strategic Outlook
      14.4.3. Lemken Overview Financials Developments Strategic Outlook
      14.4.4. Rabe Overview Financials Developments Strategic Outlook
      14.4.5. Rauch Overview Financials Developments Strategic Outlook
      14.4.6. Monosem Overview Financials Developments Strategic Outlook
      14.4.7. AMAZONEN-Werke Overview Financials Developments Strategic Outlook
      14.4.8. Ten Square Overview Financials Developments Strategic Outlook
      14.4.9. Monosem Overview Financials Developments Strategic Outlook
      14.4.10. Great Plains Overview Financials Developments Strategic Outlook
      14.4.11. OXBO Overview Financials Developments Strategic Outlook
      14.4.12. Hagie Overview Financials Developments Strategic Outlook
      14.4.13. Double L Overview Financials Developments Strategic Outlook
      14.4.14. Top Air Overview Financials Developments Strategic Outlook
      14.4.15. CHALLENGER Overview Financials Developments Strategic Outlook
      14.4.16. AGCO Overview Financials Developments Strategic Outlook
      14.4.17. New Holland Overview Financials Developments Strategic Outlook
      14.4.18. John Deere Overview Financials Developments Strategic Outlook
      14.4.19. CNH Overview Financials Developments Strategic Outlook
      14.4.20. Kinze Overview Financials Developments Strategic Outlook

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