How big is the Agricultural Machinery Market?

The Agricultural Machinery Market size is expected to reach USD 151.55 billion in 2024 and grow at a CAGR of 5.40% to reach USD 197.19 billion by 2029. Read More

What is the current Agricultural Machinery Market size?

In 2024, the Agricultural Machinery Market size is expected to reach USD 151.55 billion. Read More

Who are the key players in Agricultural Machinery Market?

Deere & Company, AGCO Corporation, Kubota Corporation, CNH Industrial NV and Claas Group are the major companies operating in the Agricultural Machinery Market. Read More

Which is the fastest growing region in Agricultural Machinery Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Agricultural Machinery Market?

In 2024, the Asia-Pacific accounts for the largest market share in Agricultural Machinery Market. Read More

What years does this Agricultural Machinery Market cover, and what was the market size in 2023?

In 2023, the Agricultural Machinery Market size was estimated at USD 143.37 billion. The report covers the Agricultural Machinery Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Agricultural Machinery Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Agricultural Machinery Market Share

Statistics for the 2023 & 2024 Agricultural Machinery market share, created by Mordor Intelligence™ Industry Reports. Agricultural Machinery share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Agricultural Machinery Industry

The agricultural machinery market is consolidated, with key players accounting for most of the market share. Prominent players in the market are Deere and Co., CNH Industrial, AGCO Corporation, Kubota Corporation, and Claas Group. These companies are involved in various strategic activities such as product innovation, expansion, and partnership. Mergers and acquisitions are other prominent strategies used to expand geographical reach by acquiring assets, technologies, and the consumer base of other companies.