Market Share of Farm Equipment Rental Industry
The Farm Equipment Rental Market is moderately consolidated due to several major and local players in the market. Some of the major players in the market are Deere & Company, JFarm Services (TAFE), Messick's, Pacific Tractor, Premier Equipment Rentals, and The Pape Group. Several players are focusing on strategies, such as mergers, acquisitions, partnerships, etc., to cement their market positions. For instance,
- In January 2022, Messick's opened its new 2230,000 sq ft headquarters in Pennsylvania, US.
- In December 2021, Papé Machinery Agriculture & Turf completed the asset purchase of Valley Truck & Tractor, a nine-store John Deere dealership in Northern California's Sacramento Valley.
Farm Equipment Rental Market Leaders
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Deere & Company
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Flaman Group of Companies
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Mahindra Trringo
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Pacific AG Rentals LLC
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CNH industrial NV
*Disclaimer: Major Players sorted in no particular order