Farm Equipment Market Analysis and Forecast to 2032: By Product (Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment, Others), Application (Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing, Post-harvest & Agro-processing), Automation (Manual , semi Automatic, Automatic) and Region
The Farm Equipment Market refers to the process and machinery used in the agricultural sector to perform various activities such as planting, harvesting, and other farm-related tasks. The technology has evolved over the years to become more efficient and effective in order to meet the demands of the growing agricultural industry. Some of the latest innovations in the farm equipment market include GPS-guided machinery, automated machines, and robotics.
Key Trends and Drivers
In the past decade, the farm equipment market has seen a shift towards larger and more specialized equipment. This is in response to the trend towards larger farms and the need for more efficient equipment. There has also been a trend towards more automation and technology in farm equipment. This includes features such as GPS, auto-steering, and yield mapping. These technologies help farmers to be more efficient and productive.
There is a growing demand for farm equipment that can handle different types of crops. This is due to the trend towards diversification in farming. Farmers are growing a variety of crops, and they need equipment that can handle all of them.
The farm equipment market is becoming more globalized. This is due to the increasing trade of agricultural products around the world. Farmers are using more international brands of equipment and parts. They are also selling their products in global markets.
Restraints & Challenges
The first challenge is the high cost of farm equipment. The initial investment in farm equipment is very high, and it is a challenge for farmers to afford these machines. Moreover, the maintenance cost of farm equipment is also very high.
The second challenge is the lack of trained personnel to operate farm equipment. There is a lack of trained operators and mechanics in the market, which is a challenge for farmers.
The third challenge is the limited availability of spare parts for farm equipment. In case of any breakdown, it is a challenge to find the spare parts for the farm equipment.
Market Segmentation:
Farm Equipment Market is segmented into application, product, automation and region. Based on application the market is categorized into Land Development & Seed Bed Preparation, Sowing & Planting, Weed Cultivation, Plant Protection, Harvesting & Threshing and Post-harvest & Agro-processing. On the basis of product, it is further segmented into Tractors, Harvesters, Planting Equipment, Irrigation & Crop Processing Equipment, Spraying Equipment, Hay & Forage Equipment and Others. Based on automation it is segmented into Manual, Semi Automatic and Automatic. Whereas based on region it is divided into North America,Europe,Asia-Pacific and Rest of the World .
Key Players
The Farm Equipment Market Report includes players such as John Deere (U.S), CNH Industrial N.V. (Netherlands), AGCO Corporation (U.S), Kubota Corporation (Japan), Mahindra & Mahindra Ltd. (India), Claas KGaA mbH (Germany), Deutz-Fahr (Germany), Yanmar Co., Ltd. (Japan), Same Deutz-Fahr Group S.p.A. (Italy) and Argo Tractors S.p.A. (Italy), among others.
Farm Equipment Market Report Coverage:
- The report offers a comprehensive quantitative as well as qualitative analysis of the current Farm Equipment Market outlook and estimations from 2022 to 2032, which helps to recognize the prevalent opportunities.
- The report also covers qualitative as well as quantitative analysis of Farm Equipment Market in terms of revenue ($Million).
- Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Farm Equipment industry.
- A thorough analysis of market trends and restraints is provided.
- By region as well as country market analysis is also presented in this report.
- Analytical depiction of the Farm Equipment Market along with the current trends and future estimations to depict imminent investment pockets. The overall Farm Equipment industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
- Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Farm Equipment Market are also analyzed.
Table of Contents
Chapter 1. Farm Equipment Market Overview
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Limitations
1.4. Research Methodologies
1.4.1. Secondary Research
1.4.2. Market Size Estimation Technique
1.4.3. Forecasting
1.4.4. Primary Research and Data Validation
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Premium Insights on the Market
3.1. Market Attractiveness Analysis, By Automation
3.2. Market Attractiveness Analysis, by Application
3.3. Market Attractiveness Analysis, by Product
3.4. Market Attractiveness Analysis, by Region
Chapter 4. Farm Equipment Market Outlook
4.1. Farm Equipment Market Segmentation
4.2. Market Dynamics
4.2.1. Market Drivers
4.2.1.1. Driver 1
4.2.1.2. Driver 2
4.2.1.3. Driver 3
4.2.2. Market Restraints
4.2.2.1. Restraint 1
4.2.2.2. Restraint 2
4.2.3. Market Opportunities
4.2.3.1. Opportunity 1
4.2.3.2. Opportunity 2
4.3. Porter’s Five Forces Analysis
4.3.1. Threat of New Entrants
4.3.2. Threat of Substitutes
4.3.3. Bargaining Power of Buyers
4.3.4. Bargaining Power of Supplier
4.3.5. Competitive Rivalry
4.4. PESTLE Analysis
4.5. Value Chain Analysis
4.6. Impact of COVID-19 on the Farm Equipment Market
4.7. Impact of the Russia and Ukraine War on the Farm Equipment Market
4.8. Case Study Analysis
4.9. Pricing Analysis
Chapter 5. Farm Equipment Market, By Automation
5.1. Market Overview
5.2. Manual
5.2.1. Key Market Trends & Opportunity Analysis
5.2.2. Market Size and Forecast, by Region
5.3. Semi Automatic
5.3.1. Key Market Trends & Opportunity Analysis
5.3.2. Market Size and Forecast, by Region
5.4. Automatic
5.4.1. Key Market Trends & Opportunity Analysis
5.4.2. Market Size and Forecast, by Region
Chapter 6. Farm Equipment Market, by Application
6.1. Market Overview
6.2. Land Development & Seed Bed Preparation
6.2.1. Key Market Trends & Opportunity Analysis
6.2.2. Market Size and Forecast, by Region
6.3. Sowing & Planting
6.3.1. Key Market Trends & Opportunity Analysis
6.3.2. Market Size and Forecast, by Region
6.4. Weed Cultivation
6.4.1. Key Market Trends & Opportunity Analysis
6.4.2. Market Size and Forecast, by Region
6.5. Pant Protection
6.5.1. Key Market Trends & Opportunity Analysis
6.5.2. Market Size and Forecast, by Region
6.6. Harvesting and Threshing
6.6.1. Key Market Trends & Opportunity Analysis
6.6.2. Market Size and Forecast, by Region
6.7. Post Harvest & Agro Processing
6.7.1. Key Market Trends & Opportunity Analysis
6.7.2. Market Size and Forecast, by Region
Chapter 7. Farm Equipment Market, by Product
7.1. Market Overview
7.2. Tractors
7.2.1. Key Market Trends & Opportunity Analysis
7.2.2. Market Size and Forecast, by Region
7.3. Harvesters
7.3.1. Key Market Trends & Opportunity Analysis
7.3.2. Market Size and Forecast, by Region
7.4. Planting Equipment
7.4.1. Key Market Trends & Opportunity Analysis
7.4.2. Market Size and Forecast, by Region
7.5. Irritating & Crop Processing Equipment
7.5.1. Key Market Trends & Opportunity Analysis
7.5.2. Market Size and Forecast, by Region
7.6. Spraying Equipment
7.6.1. Key Market Trends & Opportunity Analysis
7.6.2. Market Size and Forecast, by Region
7.7. Hay & Forage Equipment
7.7.1. Key Market Trends & Opportunity Analysis
7.7.2. Market Size and Forecast, by Region
7.8. Others
7.8.1. Key Market Trends & Opportunity Analysis
7.8.2. Market Size and Forecast, by Region
Chapter 8. Farm Equipment Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Farm Equipment Market Size and Forecast, By Automation
8.2.3. North America Farm Equipment Market Size and Forecast, by Application
8.2.4. North America Farm Equipment Market Size and Forecast, by Product
8.2.5. North America Farm Equipment Market Size and Forecast, by Country
8.2.6. The U.S.
8.2.6.1. The U.S. Farm Equipment Market Size and Forecast, By Automation
8.2.6.2. The U.S. Farm Equipment Market Size and Forecast, by Application
8.2.6.3. The U.S. Farm Equipment Market Size and Forecast, by Product
8.2.7. Canada
8.2.7.1. Canada Farm Equipment Market Size and Forecast, By Automation
8.2.7.2. Canada Farm Equipment Market Size and Forecast, by Application
8.2.7.3. Canada Farm Equipment Market Size and Forecast, by Product
8.2.8. Mexico
8.2.8.1. Mexico Farm Equipment Market Size and Forecast, By Automation
8.2.8.2. Mexico Farm Equipment Market Size and Forecast, by Application
8.2.8.3. Mexico Farm Equipment Market Size and Forecast, by Product
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Farm Equipment Market Size and Forecast, By Automation
8.3.3. Europe Farm Equipment Market Size and Forecast, by Application
8.3.4. Europe Farm Equipment Market Size and Forecast, by Product
8.3.5. Europe Farm Equipment Market Size and Forecast, by Country
8.3.6. The UK
8.3.6.1. The UK Farm Equipment Market Size and Forecast, By Automation
8.3.6.2. The UK Farm Equipment Market Size and Forecast, by Application
8.3.6.3. The UK Farm Equipment Market Size and Forecast, by Product
8.3.7. Germany
8.3.7.1. Germany Farm Equipment Market Size and Forecast, By Automation
8.3.7.2. Germany Farm Equipment Market Size and Forecast, by Application
8.3.7.3. Germany Farm Equipment Market Size and Forecast, by Product
8.3.8. France
8.3.8.1. France Farm Equipment Market Size and Forecast, By Automation
8.3.8.2. France Farm Equipment Market Size and Forecast, by Application
8.3.8.3. France Farm Equipment Market Size and Forecast, by Product
8.3.9. Spain
8.3.9.1. Spain Farm Equipment Market Size and Forecast, By Automation
8.3.9.2. Spain Farm Equipment Market Size and Forecast, by Application
8.3.9.3. Spain Farm Equipment Market Size and Forecast, by Product
8.3.10. Italy
8.3.10.1. Italy Farm Equipment Market Size and Forecast, By Automation
8.3.10.2. Italy Farm Equipment Market Size and Forecast, by Application
8.3.10.3. Italy Farm Equipment Market Size and Forecast, by Product
8.3.11. Netherlands
8.3.11.1. Netherlands Farm Equipment Market Size and Forecast, By Automation
8.3.11.2. Netherlands Farm Equipment Market Size and Forecast, by Application
8.3.11.3. Netherlands Farm Equipment Market Size and Forecast, by Product
8.3.12. Sweden
8.3.12.1. Sweden Farm Equipment Market Size and Forecast, By Automation
8.3.12.2. Sweden Farm Equipment Market Size and Forecast, by Application
8.3.12.3. Sweden Farm Equipment Market Size and Forecast, by Product
8.3.13. Switzerland
8.3.13.1. Switzerland Farm Equipment Market Size and Forecast, By Automation
8.3.13.2. Switzerland Farm Equipment Market Size and Forecast, by Application
8.3.13.3. Switzerland Farm Equipment Market Size and Forecast, by Product
8.3.14. Denmark
8.3.14.1. Denmark Farm Equipment Market Size and Forecast, By Automation
8.3.14.2. Denmark Farm Equipment Market Size and Forecast, by Application
8.3.14.3. Denmark Farm Equipment Market Size and Forecast, by Product
8.3.15. Finland
8.3.15.1. Finland Farm Equipment Market Size and Forecast, By Automation
8.3.15.2. Finland Farm Equipment Market Size and Forecast, by Application
8.3.15.3. Finland Farm Equipment Market Size and Forecast, by Product
8.3.16. Russia
8.3.16.1. Russia Farm Equipment Market Size and Forecast, By Automation
8.3.16.2. Russia Farm Equipment Market Size and Forecast, by Application
8.3.16.3. Russia Farm Equipment Market Size and Forecast, by Product
8.3.17. Rest of Europe
8.3.17.1. Rest of Europe Farm Equipment Market Size and Forecast, By Automation
8.3.17.2. Rest of Europe Farm Equipment Market Size and Forecast, by Application
8.3.17.3. Rest of Europe Farm Equipment Market Size and Forecast, by Product
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Farm Equipment Market Size and Forecast, by Country
8.4.3. Asia-Pacific Farm Equipment Market Size and Forecast, By Automation
8.4.4. Asia-Pacific Farm Equipment Market Size and Forecast, by Application
8.4.5. Asia-Pacific Farm Equipment Market Size and Forecast, by Product
8.4.6. China
8.4.6.1. China Farm Equipment Market Size and Forecast, By Automation
8.4.6.2. China Farm Equipment Market Size and Forecast, by Application
8.4.6.3. China Farm Equipment Market Size and Forecast, by Product
8.4.7. India
8.4.7.1. India Farm Equipment Market Size and Forecast, By Automation
8.4.7.2. India Farm Equipment Market Size and Forecast, by Application
8.4.7.3. India Farm Equipment Market Size and Forecast, by Product
8.4.8. Japan
8.4.8.1. Japan Farm Equipment Market Size and Forecast, By Automation
8.4.8.2. Japan Farm Equipment Market Size and Forecast, by Application
8.4.8.3. Japan Farm Equipment Market Size and Forecast, by Product
8.4.9. South Korea
8.4.9.1. South Korea Farm Equipment Market Size and Forecast, By Automation
8.4.9.2. South Korea Farm Equipment Market Size and Forecast, by Application
8.4.9.3. South Korea Farm Equipment Market Size and Forecast, by Product
8.4.10. Australia
8.4.10.1. Australia Farm Equipment Market Size and Forecast, By Automation
8.4.10.2. Australia Farm Equipment Market Size and Forecast, by Application
8.4.10.3. Australia Farm Equipment Market Size and Forecast, by Product
8.4.11. Singapore
8.4.11.1. Singapore Farm Equipment Market Size and Forecast, By Automation
8.4.11.2. Singapore Farm Equipment Market Size and Forecast, by Application
8.4.11.3. Singapore Farm Equipment Market Size and Forecast, by Product
8.4.12. Indonesia
8.4.12.1. Indonesia Farm Equipment Market Size and Forecast, By Automation
8.4.12.2. Indonesia Farm Equipment Market Size and Forecast, by Application
8.4.12.3. Indonesia Farm Equipment Market Size and Forecast, by Product
8.4.13. Taiwan
8.4.13.1. Taiwan Farm Equipment Market Size and Forecast, By Automation
8.4.13.2. Taiwan Farm Equipment Market Size and Forecast, by Application
8.4.13.3. Taiwan Farm Equipment Market Size and Forecast, by Product
8.4.14. Malaysia
8.4.14.1. Malaysia Farm Equipment Market Size and Forecast, By Automation
8.4.14.2. Malaysia Farm Equipment Market Size and Forecast, by Application
8.4.14.3. Malaysia Farm Equipment Market Size and Forecast, by Product
8.4.15. Rest of APAC
8.4.15.1. Rest of APAC Farm Equipment Market Size and Forecast, By Automation
8.4.15.2. Rest of APAC Farm Equipment Market Size and Forecast, by Application
8.4.15.3. Rest of APAC Farm Equipment Market Size and Forecast, by Product
8.4.15.4.
8.5. Rest of The World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of The World Farm Equipment Market Size and Forecast, By Automation
8.5.3. Rest of The World Farm Equipment Market Size and Forecast, by Application
8.5.4. Rest of The World Farm Equipment Market Size and Forecast, by Product
8.5.5. Rest of The World Farm Equipment Market Size and Forecast, by Country
8.5.6. Latin America
8.5.6.1. Latin America Farm Equipment Market Size and Forecast, By Automation
8.5.6.2. Latin America Farm Equipment Market Size and Forecast, by Application
8.5.6.3. Latin America Farm Equipment Market Size and Forecast, by Product
8.5.7. Middle East
8.5.7.1. Middle East Farm Equipment Market Size and Forecast, By Automation
8.5.7.2. Middle East Farm Equipment Market Size and Forecast, by Application
8.5.7.3. Middle East Farm Equipment Market Size and Forecast, by Product
8.5.8. Africa
8.5.8.1. Africa Farm Equipment Market Size and Forecast, By Automation
8.5.8.2. Africa Farm Equipment Market Size and Forecast, by Application
8.5.8.3. Africa Farm Equipment Market Size and Forecast, by Product
Chapter 9. Competitive Landscape
9.1. Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Vendor Benchmarking
9.4. Developmental Strategy Benchmarking
9.4.1. New Product Developments
9.4.2. Product Launches
9.4.3. Business Expansions
9.4.4. Partnerships, Joint Ventures, and Collaborations
9.4.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. John Deere. (U.S)
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Developmental Strategies
10.1.5. SWOT Analysis
10.2. CHN Industrial N.V. (Netherlands)
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Developmental Strategies
10.2.5. SWOT Analysis
10.3. AGCO Corporation. (U.S)
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Developmental Strategies
10.3.5. SWOT Analysis
10.4. Kubota Corporation (Japan)
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Developmental Strategies
10.4.5. SWOT Analysis
10.5. Mahindra & Mahindra Ltd. (India)
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Developmental Strategies
10.5.5. SWOT Analysis
10.6. Class KGaA mbH (Germany)
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Developmental Strategies
10.6.5. SWOT Analysis
10.7. Deutz Fahr . (Germany)
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Developmental Strategies
10.7.5. SWOT Analysis
10.8. Yanmar Co.,Ltd (Japan)
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Developmental Strategies
10.8.5. SWOT Analysis
10.9. Same Deutz Fahr Group S.p.A. (Italy)
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Developmental Strategies
10.9.5. SWOT Analysis
10.10. Agro Tractors S.p.A (Italy)
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Developmental Strategies
10.10.5. SWOT Analysis
*The list of companies is subject to change during the final compilation of the report
Key Players
Farm Equipment Market Segmentation:
By Product
- Tractors
- Harvesters
- Planting Equipment
- Irrigation & Crop Processing Equipment
- Spraying Equipment
- Hay & Forage Equipment
- Others
By Application
- Land Development & Seed Bed Preparation
- Sowing & Planting
- Weed Cultivation
- Plant Protection
- Harvesting & Threshing
- Post-harvest & Agro-processing
By Automation:
- Manual
- semi Automatic
- Automatic
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- The U.K.
- Germany
- France
- Spain
- Italy
- Netherlands
- Sweden
- Switzerland
- Denmark
- Finland
- Russia
- Rest of Europe
- The Asia-Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Indonesia
- Taiwan
- Malaysia
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- The Middle East
- Africa