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Report overview
The global Powered Agriculture Equipment market was valued at US$ 8865.7 million in 2022 and is projected to reach US$ 11910 million by 2029, at a CAGR of 4.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Powered Agriculture Equipment is machinery used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. Diverse arrays of equipment are used in both organic and nonorganic farming. Especially since the advent of mechanised agriculture, agricultural machinery is an indispensable part of how the world is fed.
This report aims to provide a comprehensive presentation of the global market for Powered Agriculture Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Powered Agriculture Equipment. This report contains market size and forecasts of Powered Agriculture Equipment in global, including the following market information:
The basic technology of agricultural machines has changed little in the last century. Though modern harvesters and planters may do a better job or be slightly tweaked from their predecessors, the US$250,000 combine of today still cuts, threshes, and separates grain in the same way it has always been done. However, technology is changing the way that humans operate the machines, as computer monitoring systems, GPS locators, and self-steer programs allow the most advanced tractors and implements to be more precise and less wasteful in the use of fuel, seed, or fertilizer.
We surveyed the Powered Agriculture Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Powered Agriculture Equipment Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Powered Agriculture Equipment Market Segment Percentages, by Type, 2022 (%)
Tractors
Combine/Combine Harvester
Sprayer
Seed Drill
Soil Preparation & Cultivation Equipment
Others
Global Powered Agriculture Equipment Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Powered Agriculture Equipment Market Segment Percentages, by Application, 2022 (%)
Farming
Animal Husbandry
Forestry Industry
Fishery Industry
Others
Global Powered Agriculture Equipment Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Powered Agriculture Equipment Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Powered Agriculture Equipment revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Powered Agriculture Equipment revenues share in global market, 2022 (%)
Key companies Powered Agriculture Equipment sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Powered Agriculture Equipment sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Agco Corporation
CNH Industrial
Deere & Company
Kubota Corporation
Claas Group
Alamo Group
Escorts Group
Mahindra & Mahindra
Same Deutz-Fahr Group
Iseki & Company
Minsk Tractor Works (MTZ)
Manitou Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Powered Agriculture Equipment, market overview.
Chapter 2: Global Powered Agriculture Equipment market size in revenue and volume.
Chapter 3: Detailed analysis of Powered Agriculture Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Powered Agriculture Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Powered Agriculture Equipment capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
