Farm Equipment Market by Power (<30, 31-70, 71-130, 131-250, >250HP), Type (Tractors, Balers, Sprayers, Harvesters), Function, Tractor Drive Type, Forestry Machinery, Electric Tractor, Type & Propulsion, Rental, & Region - Global Forecast to 2032
The farm equipment market is projected to grow from USD 39.95 Billion in 2025 to USD 52.79 Billion by 2032, registering a CAGR of 4.1%.
The farm equipment market has declined from 2022 to 2024 and is expected to continue its trend till ~2026–2027. According to a recent report published by the United States Department of Agriculture (USDA), the farm equipment market is primarily driven by a projected 25% drop in net farm income for 2024, falling from USD 155 billion to USD 116 billion, which has made farmers hesitant to invest in new machinery. Additionally, high operational costs and declining commodity prices have pressured farmers' budgets, leading to a 15-20% decrease in monthly US tractor sales. The used equipment market also suffers as many farmers postpone purchases due to these financial constraints. Similar trends and challenges have been followed in Europe and Asia due to declining commodity prices, high operational costs, and reduced farm incomes. For instance, the European tractor market saw an 11.4% decline in sales in early 2024, while India's tractor sales also faced a downturn of 8.7%. However, this trend might continue for 2-3 years, and in the future, the global agricultural equipment market is projected to grow significantly.
“The sowing and planting segment is estimated to be the fastest growing by function”
Asia Oceania region is the fastest growing market for sowing and planting equipment in which India and China has the largest demand for this equipment due to large population in this region. This segment is expected to grow by 50% during the forecast period. In Asia Oceania region, the sowing and planting equipment are usually offered for tractor-mounted seed drills, rice transplanters, power tiller operated till-plant machines, animal-drawn planters, raised bed planters, inclined plate planters, and specialized planters for crops like sugarcane. Also, the due to increase in demand for food globally. The OEM in this region offers semi-automatic and automatic planting machines with all the technological advancements in the agricultural sector. Some popular models offered by the key players in Asia Oceania are Deere & Company (GreenSystem Super Seederm, GreenSystem Seed Cum Fertilizer Drill, GreenSystem Multi-Crop Vacuum Planter), and KUHN (MAXIMA 3, PLANTER 3, COMBILINER INTEGRA), and New Holland (PP400 Pneumatic Planter) etc.
North America is the second largest market for the sowing & planting due to the vast amount of farmland available with farmers, which necessitates large-scale mechanization in agriculture, coupled with a growing trend towards precision farming technologies. Some OEMs offer advanced technology for precision technology. For instance, WINTERSTEIGER (US) offers from North America offer GPS Geo Link and MiniGIS 2 for accurate seed placement and flexible operation and Fendt Xaver Sowing Robots: Introduce robotic precision in sowing, offering smart farming solutions with autonomous capabilities. Hence the increase in demand for precision and mechanization in sowing & planting is driving the market in North America.
“The skidders segment is estimated to be the fastest growing forest machinery market.”
Skidder demand is high in the forest equipment market because they play an essential role in the logging process, efficiently transporting felled trees from the cutting site to a landing area, making them a necessary piece of machinery for any large-scale timber harvesting operation; this high demand is driven by the ongoing need for lumber and the complex terrain of most forests, requiring robust and adaptable skidders to navigate and maximize productivity.
North America holds the highest market share for skidders, particularly in the US and Canada. This demand is driven by the extensive forestry operations in the US and some key models like 640L-II, 648L-II, 748L-II, 768L-II, 848L-II, and 948L-II from Deere & Company and Komatsu 855.1, Komatsu 895, Komatsu XT445L-5, and Komatsu X370E are the highest selling product.
The demand for skidders in Europe and Asia Oceania is low compared to North America. In Asia Oceania, countries like Indonesia, Malaysia, and Australia have active logging operations that use grapple skidders or adapted machinery rather than traditional wheeled skidders. In contrast, in Europe, the demand for skidders is low, as most logging operations are done with the help of forwarders and harvesters due to the region’s well-structured and sustainable forestry practices. Hence, these factors drive the skidders market faster during the forecast period.
“Battery Electric Tractors, by alternative fuel would lead the future of the tractor industry.”
Electric farm tractors are majorly used in a variety of tasks, including crop maintenance, livestock care, vineyards, cattle farming, dairy industry, and data-driven farming. They are also used in power tools and machinery in remote areas. Europe holds the major market for electric tractors as European union have imposed strict emission regulation and sustainability goals till 2030 for electrification. In particular “Farm to Fork” strategy was implemented in 2020 which was a part of green deal in Europe to reduce the greenhouse gas emission from agriculture by 50% till 2030. In Europe 51-100 kWh battery are used in small to medium sized farming, whereas >100 kWh battery is used in large size farming. The major players in Europe for electric tractors are Kubota Corporation, Solectrac, AGCO Corporation, CNH Industrial, and Monarch tractors. Companies like Kubota Corporation also offers lower HP tractor in Europe of 26 HP which are usually used in tasks like mowing and hauling.
North America is the second largest market for electric tractors, due to stringent emission set by the governing bodies. For instance, California's ambitious climate objectives have significantly accelerated the US adoption of battery electric tractors (BETs). These tractors are mostly used in vineyard farming, cattle farming, and dairy industry in US. Also, the government is promoting the scrappage policy, facilitated through the “California CORE” voucher program, which offers substantial financial incentives for farmers to transition to electric tractors. This voucher's range for electric tractors ranges from USD 16,147 for the e25G Gear model to USD 28,000 for the eUT+ Narrow model. In Asia Oceania, the demand for electric tractor is less which will increase in future.
“Europe is projected to be the second-largest regional market.”
The European tractor market declined in the sales of tractors by nearly 18% in FY 2024 compared to FY 2023. Rising interest rates influenced this lowering of tractor registration due to the European Central Bank's monetary policy, which made it more difficult for farmers to secure loans for new machinery purchases. Major key countries in Europe noticed a lower sales record. For instance, UK tractor sales declined by ~13% in 2024, France saw a decline of ~16% in 2024, and Germany’s unit sales of tractors fell by 3.4% in 2024. According to VDMA report total tractor registrations in Germany observed a decline in sales by 19% year-over-year (YoY) in January 2025, due to economic uncertainty and lower commodity prices.
According to the CEMA and primary insights, the European market is estimated to decline till 2026 and is expected to rise after 2027. As European region is recession impact, it is expected to end in mid of 2025 to FY 2026 and the GDP growth rates is projected to grow by 0.8% to 1.3% in FY 2025. As the economic recovery, it is then expected that the interest rates might come down till end thereby increasing the farmers spending. Additionally, initiatives like the European Green Deal encourage farmers to adopt more efficient and environmentally friendly machinery, further boosting demand in the long term. In Europe, the prices of cereals, particularly wheat, have significantly declined, which has impacted the farmers due to increased imports from Ukraine following the Black Sea shipping route closure, leading to a surplus in the market and lower prices for their crops; other crops experiencing price drops include milk, eggs, and industrial crops like oilseeds and sugar beet exports. This drop in crops prices have affected the farmers spending on new equipment’s.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
Research Coverage:
The study segments the farm equipment market and forecasts the market size based on power output (<30 HP, 31–70 HP, 71–130 HP, 131–250 HP, and >250 HP), drive type (two-wheel drive and four-wheel drive), farm equipment market, rental market, by equipment type (tractors, combines, sprayers, balers, others), Forestry Machinery Market, By Implement Type (skidders, forwarders, bunchers, swing machines, harvesters, loaders, and other forestry machinery), by function (plowing & cultivation, sowing & planting, harvesting & threshing, and others), by equipment type (cereal combines, non-cereal, combines, balers, self-propelled sprayers, tractor-mounted sprayers, and tillers), rental market, by power output (<30 HP, 31–70 HP, 71–130 HP, 131–250 HP, >250 HP), electric tractor market, by propulsion (battery electric, hybrid electric, and hydrogen), and region (Asia Oceania, North America, Europe, and the Rest of the World [RoW]). It also covers the competitive landscape and company profiles of the major players in the electric commercial vehicle market ecosystem.
Key Benefits of the Report
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
The report will help market leaders and new entrants with information on the closest approximations of the farm equipment market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
The farm equipment market has declined from 2022 to 2024 and is expected to continue its trend till ~2026–2027. According to a recent report published by the United States Department of Agriculture (USDA), the farm equipment market is primarily driven by a projected 25% drop in net farm income for 2024, falling from USD 155 billion to USD 116 billion, which has made farmers hesitant to invest in new machinery. Additionally, high operational costs and declining commodity prices have pressured farmers' budgets, leading to a 15-20% decrease in monthly US tractor sales. The used equipment market also suffers as many farmers postpone purchases due to these financial constraints. Similar trends and challenges have been followed in Europe and Asia due to declining commodity prices, high operational costs, and reduced farm incomes. For instance, the European tractor market saw an 11.4% decline in sales in early 2024, while India's tractor sales also faced a downturn of 8.7%. However, this trend might continue for 2-3 years, and in the future, the global agricultural equipment market is projected to grow significantly.
“The sowing and planting segment is estimated to be the fastest growing by function”
Asia Oceania region is the fastest growing market for sowing and planting equipment in which India and China has the largest demand for this equipment due to large population in this region. This segment is expected to grow by 50% during the forecast period. In Asia Oceania region, the sowing and planting equipment are usually offered for tractor-mounted seed drills, rice transplanters, power tiller operated till-plant machines, animal-drawn planters, raised bed planters, inclined plate planters, and specialized planters for crops like sugarcane. Also, the due to increase in demand for food globally. The OEM in this region offers semi-automatic and automatic planting machines with all the technological advancements in the agricultural sector. Some popular models offered by the key players in Asia Oceania are Deere & Company (GreenSystem Super Seederm, GreenSystem Seed Cum Fertilizer Drill, GreenSystem Multi-Crop Vacuum Planter), and KUHN (MAXIMA 3, PLANTER 3, COMBILINER INTEGRA), and New Holland (PP400 Pneumatic Planter) etc.
North America is the second largest market for the sowing & planting due to the vast amount of farmland available with farmers, which necessitates large-scale mechanization in agriculture, coupled with a growing trend towards precision farming technologies. Some OEMs offer advanced technology for precision technology. For instance, WINTERSTEIGER (US) offers from North America offer GPS Geo Link and MiniGIS 2 for accurate seed placement and flexible operation and Fendt Xaver Sowing Robots: Introduce robotic precision in sowing, offering smart farming solutions with autonomous capabilities. Hence the increase in demand for precision and mechanization in sowing & planting is driving the market in North America.
“The skidders segment is estimated to be the fastest growing forest machinery market.”
Skidder demand is high in the forest equipment market because they play an essential role in the logging process, efficiently transporting felled trees from the cutting site to a landing area, making them a necessary piece of machinery for any large-scale timber harvesting operation; this high demand is driven by the ongoing need for lumber and the complex terrain of most forests, requiring robust and adaptable skidders to navigate and maximize productivity.
North America holds the highest market share for skidders, particularly in the US and Canada. This demand is driven by the extensive forestry operations in the US and some key models like 640L-II, 648L-II, 748L-II, 768L-II, 848L-II, and 948L-II from Deere & Company and Komatsu 855.1, Komatsu 895, Komatsu XT445L-5, and Komatsu X370E are the highest selling product.
The demand for skidders in Europe and Asia Oceania is low compared to North America. In Asia Oceania, countries like Indonesia, Malaysia, and Australia have active logging operations that use grapple skidders or adapted machinery rather than traditional wheeled skidders. In contrast, in Europe, the demand for skidders is low, as most logging operations are done with the help of forwarders and harvesters due to the region’s well-structured and sustainable forestry practices. Hence, these factors drive the skidders market faster during the forecast period.
“Battery Electric Tractors, by alternative fuel would lead the future of the tractor industry.”
Electric farm tractors are majorly used in a variety of tasks, including crop maintenance, livestock care, vineyards, cattle farming, dairy industry, and data-driven farming. They are also used in power tools and machinery in remote areas. Europe holds the major market for electric tractors as European union have imposed strict emission regulation and sustainability goals till 2030 for electrification. In particular “Farm to Fork” strategy was implemented in 2020 which was a part of green deal in Europe to reduce the greenhouse gas emission from agriculture by 50% till 2030. In Europe 51-100 kWh battery are used in small to medium sized farming, whereas >100 kWh battery is used in large size farming. The major players in Europe for electric tractors are Kubota Corporation, Solectrac, AGCO Corporation, CNH Industrial, and Monarch tractors. Companies like Kubota Corporation also offers lower HP tractor in Europe of 26 HP which are usually used in tasks like mowing and hauling.
North America is the second largest market for electric tractors, due to stringent emission set by the governing bodies. For instance, California's ambitious climate objectives have significantly accelerated the US adoption of battery electric tractors (BETs). These tractors are mostly used in vineyard farming, cattle farming, and dairy industry in US. Also, the government is promoting the scrappage policy, facilitated through the “California CORE” voucher program, which offers substantial financial incentives for farmers to transition to electric tractors. This voucher's range for electric tractors ranges from USD 16,147 for the e25G Gear model to USD 28,000 for the eUT+ Narrow model. In Asia Oceania, the demand for electric tractor is less which will increase in future.
“Europe is projected to be the second-largest regional market.”
The European tractor market declined in the sales of tractors by nearly 18% in FY 2024 compared to FY 2023. Rising interest rates influenced this lowering of tractor registration due to the European Central Bank's monetary policy, which made it more difficult for farmers to secure loans for new machinery purchases. Major key countries in Europe noticed a lower sales record. For instance, UK tractor sales declined by ~13% in 2024, France saw a decline of ~16% in 2024, and Germany’s unit sales of tractors fell by 3.4% in 2024. According to VDMA report total tractor registrations in Germany observed a decline in sales by 19% year-over-year (YoY) in January 2025, due to economic uncertainty and lower commodity prices.
According to the CEMA and primary insights, the European market is estimated to decline till 2026 and is expected to rise after 2027. As European region is recession impact, it is expected to end in mid of 2025 to FY 2026 and the GDP growth rates is projected to grow by 0.8% to 1.3% in FY 2025. As the economic recovery, it is then expected that the interest rates might come down till end thereby increasing the farmers spending. Additionally, initiatives like the European Green Deal encourage farmers to adopt more efficient and environmentally friendly machinery, further boosting demand in the long term. In Europe, the prices of cereals, particularly wheat, have significantly declined, which has impacted the farmers due to increased imports from Ukraine following the Black Sea shipping route closure, leading to a surplus in the market and lower prices for their crops; other crops experiencing price drops include milk, eggs, and industrial crops like oilseeds and sugar beet exports. This drop in crops prices have affected the farmers spending on new equipment’s.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
- By Company Type: OEMs – 100%
- By Designation: C Levels – 50%, Directors– 30%, Others– 20%
- By Region: North America– 30%, Europe – 20%, Asia Oceania– 40%, Rest of the World–10%
Research Coverage:
The study segments the farm equipment market and forecasts the market size based on power output (<30 HP, 31–70 HP, 71–130 HP, 131–250 HP, and >250 HP), drive type (two-wheel drive and four-wheel drive), farm equipment market, rental market, by equipment type (tractors, combines, sprayers, balers, others), Forestry Machinery Market, By Implement Type (skidders, forwarders, bunchers, swing machines, harvesters, loaders, and other forestry machinery), by function (plowing & cultivation, sowing & planting, harvesting & threshing, and others), by equipment type (cereal combines, non-cereal, combines, balers, self-propelled sprayers, tractor-mounted sprayers, and tillers), rental market, by power output (<30 HP, 31–70 HP, 71–130 HP, 131–250 HP, >250 HP), electric tractor market, by propulsion (battery electric, hybrid electric, and hydrogen), and region (Asia Oceania, North America, Europe, and the Rest of the World [RoW]). It also covers the competitive landscape and company profiles of the major players in the electric commercial vehicle market ecosystem.
Key Benefits of the Report
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
The report will help market leaders and new entrants with information on the closest approximations of the farm equipment market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of key drivers (Government support with farmer loan waivers/credit finance, OEM/sales incentives to support dealer services and rental operations, Contract farming, and Increase in farm mechanization), restraints (Growth of rental market, High equipment cost in emerging economies), opportunities (Growing adoption of precision agriculture, Increasing R&D and adoption of electric tractors), and challenges (Rapidly changing emission norms and mandates) influencing the growth of the farm equipment market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the farm equipment market
- Market Development: Comprehensive information about lucrative markets – the report analyses the farm equipment market across varied regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the farm equipment market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Deere & Company (US), AGCO Corporation (US), CNH Industrial (Netherlands), Kubota Corporation (Japan), and CLAAS KGAA (Germany), Mahindra & Mahindra (India), ISEKI & Co., Ltd. (Japan), Escorts Kubota Limited (Idia), SDF Group (Germany), and Yanmar Holdings Co., Ltd (Japan) and among others in the farm equipment market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED
1.3.3 CURRENCY CONSIDERED
1.4 SUMMARY OF CHANGES
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources to estimate farm equipment market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Major objectives of primary research
2.1.2.2 List of interviews with experts
2.2 MARKET ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.3 DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 REPORT SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FARM EQUIPMENT MARKET
4.2 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.3 FARM TRACTOR MARKET, BY DRIVE TYPE
4.4 FARM TRACTOR MARKET, BY POWER OUTPUT
4.5 FARM IMPLEMENTS MARKET, BY FUNCTION
4.6 ELECTRIC TRACTOR MARKET, BY PROPULSION
4.7 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
4.8 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
4.9 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.10 FARM EQUIPMENT MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Government support through farm loan waivers/credit finance
5.2.1.2 OEM/sales incentives to support dealer services and rental operations
5.2.1.3 Contract farming
5.2.1.4 Increase in farm mechanization
5.2.2 RESTRAINTS
5.2.2.1 Growth of rental market
5.2.2.2 High cost of equipment in emerging economies
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of precision farming
5.2.3.2 Increasing R&D and adoption of electric tractors
5.2.4 CHALLENGES
5.2.4.1 Rapidly changing emission norms and mandates
5.3 TRADE ANALYSIS
5.3.1 IMPORT SCENARIO (CODE 843280)
5.3.2 EXPORT SCENARIO (HS CODE 843280)
5.3.3 IMPORT SCENARIO (CODE 843290)
5.3.4 EXPORT SCENARIO (HS CODE 843290)
5.3.5 IMPORT SCENARIO (HS CODE 843210)
5.3.6 EXPORT SCENARIO (HS CODE 843210)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 CASE STUDY ANALYSIS
5.5.1 SOLECTRAC’S SOLUTIONS FOR MUSHROOM FARMS
5.5.2 ELECTRIC TRACTORS FOR SUSTAINABLE AGRICULTURAL PRACTICES BY AGRIMACS INC.
5.5.3 CALIFORNIA GOVERNMENT FOCUSES ON FARMS TO GO GREEN WITH ZERO EMISSIONS
5.5.4 MONARCH TRACTORS SAVE USD?2,600 PER YEAR FOR WENTE VINEYARDS
5.5.5 PACIFIC NORTHWEST ELECTRIC TRACTOR BARRIERS STUDY
5.5.6 CHALLENGES RELATED TO AUTOMATION AND ELECTRIFICATION OF TRACTORS ADDRESSED BY DR. JIANFENG ZHOU
5.6 MARKET ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
5.8 PATENT ANALYSIS
5.8.1 INTRODUCTION
5.9 SUPPLY CHAIN ANALYSIS
5.10 FARM EQUIPMENT MARKET ECOSYSTEM
5.11 REGULATORY LANDSCAPE
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11.2 REGULATORY ANALYSIS FOR FARM EQUIPMENT MARKET
5.11.3 NON-ROAD MOBILE MACHINERY EMISSION (NRMM) REGULATIONS OUTLOOK, 2019–2030
5.11.3.1 North America
5.11.3.1.1 US
5.11.3.2 Europe
5.11.3.3 Asia Oceania
5.11.3.3.1 China
5.11.3.3.2 India
5.12 PRICING ANALYSIS
5.12.1 BY POWER OUTPUT & REGION
5.12.2 AVERAGE SELLING PRICE OF <30HP TRACTORS, BY REGION
5.12.3 AVERAGE SELLING PRICE OF 31–70 HP TRACTORS, BY REGION
5.12.4 AVERAGE SELLING PRICE OF 71–130 HP TRACTORS, BY REGION
5.12.5 AVERAGE SELLING PRICE OF 131–250 HP TRACTORS, BY REGION
5.12.6 AVERAGE SELLING PRICE OF >250 HP TRACTORS, BY REGION
5.12.7 AVERAGE SELLING PRICE OF TRACTOR, BY DRIVE TYPE
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGIES
5.13.1.1 Farm equipment automation
5.13.1.2 Agriculture 5.0
5.13.1.3 Electrification of tractors
5.13.2 COMPLEMENTARY TECHNOLOGIES
5.13.2.1 Future of battery technologies
5.13.2.2 Trends in rental industry
5.13.3 CNG TRACTORS
5.13.4 ADJACENT TECHNOLOGIES
5.13.4.1 Precision farming
5.14 KEY CONFERENCES AND EVENTS, 2025–2026
5.14.1 FARM EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS, 2025–2026
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 CRITICAL STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 TOTAL COST OF OWNERSHIP: FARM EQUIPMENT MARKET
5.16.1 TOTAL COST OF OWNERSHIP FOR ELECTRIC AND DIESEL TRACTORS
5.16.1.1 Diesel tractor
5.16.1.2 Electric tractor
5.16.1.3 Cumulative
5.17 OEM FUTURE INVESTMENTS, BY KEY PLAYER
5.18 OEM ANALYSIS
5.18.1 ELECTRIC/HYBRID TRACTOR BATTERY CAPACITY VS. MOTOR OUTPUT
5.18.2 REGIONAL TREND OF DIESEL TRACTORS, BY DRIVE TYPE, 2024
5.18.3 TRACTOR HORSEPOWER, BY KEY OEM
5.19 PRICE RANGES OF TRACTOR MODELS FROM TOP OEMS
5.19.1 MAHINDRA&MAHINDRA LTD.
5.19.2 DEERE & COMPANY
5.19.3 MASSEY FERGUSON (AGCO CORPORATION)
5.19.4 EICHER TRACTOR (TAFE)
5.19.5 SONALIKA (INTERNATIONAL TRACTORS LIMITED (ITL))
5.19.6 KUBOTA CORPORATION
5.19.7 NEW HOLLAND
5.19.8 CASE IH
6 OEM TRACTOR AND COMBINE HARVESTER SALES, BY COUNTRY 2022 - 2024
6.1 EUROPE
6.1.1 UK
6.1.2 GERMANY
6.1.3 ITALY
6.1.4 FRANCE
6.1.5 SPAIN
6.1.6 TURKEY
6.2 ASIA PACIFIC
6.2.1 INDIA
6.3 OEM-WISE COMBINE HARVESTER SALES, BY COUNTRY, 2023–2024
6.3.1 ASIA PACIFIC
6.3.1.1 India
6.3.2 EUROPE
6.3.2.1 Spain
7 FARM IMPLEMENTS MARKET, BY FUNCTION
7.1 INTRODUCTION
7.2 PLOWING & CULTIVATING
7.2.1 HIGHER YIELDS CATERING TO NEEDS OF GROWING POPULATION TO BOOST MARKET
7.3 SOWING & PLANTING
7.3.1 REDUCTION OF OVERALL COSTS TO PROPEL MARKET
7.4 PLANT PROTECTION AND FERTILIZING
7.4.1 INCREASED CROP PRODUCTION AND ENHANCED FOOD QUALITY TO DRIVE DEMAND
7.5 HARVESTING & THRESHING
7.5.1 MULTIPLE AGRICULTURAL ACTIVITIES IN SINGLE PROCESS TO DRIVE MARKET
7.6 OTHER FUNCTIONS
7.7 INDUSTRY INSIGHTS
8 ELECTRIC TRACTOR MARKET, BY PROPULSION
8.1 INTRODUCTION
8.2 BATTERY ELECTRIC
8.2.1 REDUCTION OF BATTERY MANUFACTURING COSTS TO DRIVE MARKET
8.3 HYBRID ELECTRIC
8.3.1 HIGHER POWER OUTPUT THAN BATTERY ELECTRIC TRACTORS TO DRIVE MARKET
8.4 HYDROGEN
8.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE TO DRIVE MARKET
8.5 PRIMARY INSIGHTS
9 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
9.1 INTRODUCTION
9.2 TRACTORS
9.2.1 INCREASING COLLABORATIONS BETWEEN OEMS AND APPLICATION COMPANIES TO DRIVE MARKET
9.3 COMBINES
9.3.1 DEMAND FOR HIGHER PRODUCTIVITY TO DRIVE MARKET
9.4 SPRAYERS
9.4.1 HIGHER EFFICIENCY IN FARM OPERATIONS TO BOOST DEMAND
9.5 BALERS
9.5.1 INCREASING PREFERENCE FOR ROUND BALERS WITH PRE-CUTTING SYSTEMS TO PROPEL MARKET
9.6 OTHER RENTAL EQUIPMENT TYPES
9.7 INDUSTRY INSIGHTS
10 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
10.1 INTRODUCTION
10.2 <30 HP
10.2.1 DEMAND FOR SMALL-SIZED FARMS TO PROPEL MARKET
10.3 31–70 HP
10.3.1 MODERATE POWER AND EASE OF USE TO FUEL MARKET
10.4 71–130 HP
10.4.1 INCREASING FARM MECHANIZATION RATES TO BOOST DEMAND
10.5 131–250 HP
10.5.1 HIGH DEMAND FOR LARGE-SCALE AGRICULTURE OPERATIONS TO PROPEL MARKET
10.6 >250 HP
10.6.1 INCREASING COMMERCIAL FARMING ACTIVITIES TO DRIVE DEMAND
10.7 INDUSTRY INSIGHTS
11 FARM TRACTOR MARKET, BY DRIVE TYPE
11.1 INTRODUCTION
11.2 TWO-WHEEL DRIVE
11.2.1 SMALLER TURNING CIRCLE, FEWER MECHANICAL PARTS, AND LOWER PRICE TO DRIVE MARKET
11.3 FOUR-WHEEL DRIVE
11.3.1 BETTER TRACTION CONTROL UNDER HARSH CONDITIONS AND QUICKER FARMING TO BOOST MARKET
11.4 INDUSTRY INSIGHTS
12 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
12.1 INTRODUCTION
12.2 CEREAL COMBINES
12.2.1 INCREASING FARM MECHANIZATION TO DRIVE DEMAND
12.3 NON-CEREAL COMBINES
12.3.1 IMPROVED SILAGE QUALITY TO DRIVE DEMAND
12.4 BALERS
12.4.1 MINIMIZED WASTAGE AND INCREASED PRODUCTIVITY TO DRIVE DEMAND
12.5 SELF-PROPELLED SPRAYERS
12.5.1 LARGE-SCALE PRODUCTION TO DRIVE MARKET
12.6 TRACTOR-MOUNTED SPRAYERS
12.6.1 BETTER MANEUVRABILITY TO DRIVE DEMAND FOR SMALL AND MEDIUM-SIZED FARMS
12.7 INDUSTRY INSIGHTS
13 FARM TRACTOR MARKET, BY POWER OUTPUT
13.1 INTRODUCTION
13.2 <30 HP
13.2.1 PRESENCE OF SMALL FARMLANDS IN SEVERAL COUNTRIES TO DRIVE MARKET
13.2.2 OPERATIONAL DATA FOR <30 HP TRACTORS BY OEMS
13.3 31–70 HP
13.3.1 GOVERNMENT SUBSIDIES, LOAN WAIVERS, AND POLICIES TO DRIVE MARKET
13.3.2 OPERATIONAL DATA FOR 30–70 HP TRACTORS BY OEMS
13.4 71–130 HP
13.4.1 NEED FOR TRACTORS WITH HIGHER POWER AND EFFICIENCY IN EXTENSIVE FARMLANDS TO DRIVE MARKET
13.4.2 OPERATIONAL DATA FOR 71–130 HP TRACTORS BY OEMS
13.5 131–250 HP
13.5.1 PRESENCE OF LARGE FARMLANDS IN EUROPE TO DRIVE MARKET
13.5.2 OPERATIONAL DATA FOR 131–250 HP TRACTORS BY OEMS
13.6 >250 HP
13.6.1 GROWING ORGANIZED FARMING ACTIVITIES TO DRIVE MARKET
13.7 INDUSTRY INSIGHTS
14 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
14.1 INTRODUCTION
14.2 FELLER BUNCHERS
14.2.1 DEMAND FOR FTL PROCESS IN AMERICAS TO BOOST MARKET
14.3 HARVESTERS
14.3.1 INCREASING PRODUCTIVITY AND MINIMIZING MANUAL LABOR TO BOOST MARKET
14.4 FORWARDERS
14.4.1 EXTRACTION OF WOOD UNDER VARIED DRIVING TERRAIN CONDITIONS TO BOOST MARKET
14.5 LOADERS
14.5.1 INCREASE IN COMMERCIAL CONSTRUCTION ACTIVITIES TO FUEL MARKET
14.6 SKIDDERS
14.6.1 TECHNOLOGICAL ADVANCEMENTS TO BOOST MARKET
14.7 SWING MACHINES
14.7.1 MULTIPLE FUNCTIONALITIES TO DRIVE MARKET
14.8 OTHER FORESTRY MACHINES
14.9 INDUSTRY INSIGHTS
15 FARM TRACTOR MARKET, BY REGION
15.1 INTRODUCTION
15.2 ASIA OCEANIA
15.2.1 MACROECONOMIC OUTLOOK FOR NORTH ASIA OCEANIA
15.2.2 AUSTRALIA
15.2.2.1 Government assistance to farmers to drive market
15.2.3 CHINA
15.2.3.1 Large tractor manufacturing sector and significant demand to boost market
15.2.4 INDIA
15.2.4.1 Rise in farm mechanization to drive market
15.2.5 JAPAN
15.2.5.1 Increasing focus on encouraging agricultural co-operatives to fuel market
15.2.6 SOUTH KOREA
15.2.6.1 Government focus on cultivating young farmers to drive market
15.2.7 REST OF ASIA OCEANIA
15.3 EUROPE
15.3.1 MACROECONOMIC OUTLOOK
15.3.2 FRANCE
15.3.2.1 Labor shortage to propel market
15.3.3 GERMANY
15.3.3.1 Increasing demand for high-powered tractors to drive market
15.3.4 ITALY
15.3.4.1 Increasing demand for precision agriculture to fuel market
15.3.5 POLAND
15.3.5.1 Increasing farm subsidies to drive demand
15.3.6 RUSSIA
15.3.6.1 Small and medium-sized farms to support market growth
15.3.7 SPAIN
15.3.7.1 Shortage of labor and increasing focus on precision agriculture to boost market
15.3.8 TURKEY
15.3.8.1 Larger farm sizes and favorable government policies to fuel market
15.3.9 UK
15.3.9.1 Rising demand for high-powered tractors to drive market
15.3.10 REST OF EUROPE
15.4 NORTH AMERICA
15.4.1 MACROECONOMIC OUTLOOK
15.4.2 CANADA
15.4.2.1 Farm mechanization and government investments in crop production to boost market
15.4.3 MEXICO
15.4.3.1 Government support and presence of OEMs to drive market
15.4.4 US
15.4.4.1 Presence of key players to drive market
15.5 REST OF THE WORLD
15.5.1 MACROECONOMIC OUTLOOK
15.5.2 ARGENTINA
15.5.2.1 Increased focus of key players in manufacturing tractors to propel market
15.5.3 BRAZIL
15.5.3.1 Increasing exports of tractors and presence of agri-tech startups to propel market
15.5.4 OTHERS
15.6 INDUSTRY INSIGHTS
16 COMPETITIVE LANDSCAPE
16.1 OVERVIEW
16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
16.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN FARM EQUIPMENT MARKET
16.3 REVENUE ANALYSIS
16.4 MARKET SHARE ANALYSIS, 2023
16.5 FARM EQUIPMENT MARKET OUTLOOK, BY COUNTRY
16.5.1 INDIA
16.5.1.1 Indian tractor OEM share analysis
16.5.2 US
16.5.2.1 US tractor OEM share analysis
16.6 COMPANY VALUATION
16.7 FINANCIAL METRICS, 2024
16.8 BRAND/PRODUCT COMPARISON
16.9 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
16.9.1 INTRODUCTION
16.9.2 STARS
16.9.3 EMERGING LEADERS
16.9.4 PERVASIVE PLAYERS
16.9.5 PARTICIPANTS
16.9.6 COMPANY FOOTPRINT: KEY PLAYERS, 2024
16.9.6.1 Company footprint
16.9.6.2 Region footprint
16.9.6.3 Propulsion footprint
16.9.6.4 Drive type footprint
16.9.6.5 Equipment type footprint
16.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
16.10.1 INTRODUCTION
16.10.2 PROGRESSIVE COMPANIES
16.10.3 RESPONSIVE COMPANIES
16.10.4 DYNAMIC COMPANIES
16.10.5 STARTING BLOCKS
16.10.6 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2024
16.10.6.1 Detailed list of key startups/SMEs
16.11 COMPETITIVE SCENARIO
16.11.1 PRODUCT LAUNCHES
16.11.2 DEALS
16.11.3 EXPANSIONS
16.11.4 OTHER DEVELOPMENTS
17 COMPANY PROFILES
17.1 KEY PLAYERS
17.1.1 DEERE & COMPANY
17.1.1.1 Business overview
17.1.1.2 Products/Solutions/Services offered
17.1.1.3 Recent developments
17.1.1.3.1 Product launches
17.1.1.3.2 Deals
17.1.1.3.3 Expansions
17.1.1.3.4 Other developments
17.1.1.4 MnM view
17.1.1.4.1 Right to win
17.1.1.4.2 Strategic choices
17.1.1.4.3 Weaknesses and competitive threats
17.1.2 CNH INDUSTRIAL N.V.
17.1.2.1 Business overview
17.1.2.2 Products/Solutions/Services offered
17.1.2.3 Recent developments
17.1.2.3.1 Product launches
17.1.2.3.2 Deals
17.1.2.3.3 Expansions
17.1.2.4 MnM view
17.1.2.4.1 Right to win
17.1.2.4.2 Strategic choices
17.1.2.4.3 Weaknesses and competitive threats
17.1.3 MAHINDRA&MAHINDRA LTD.
17.1.3.1 Business overview
17.1.3.2 Products/Solutions/Services offered
17.1.3.3 Recent developments
17.1.3.3.1 Product launches
17.1.3.3.2 Deals
17.1.3.3.3 Expansions
17.1.3.3.4 Other developments
17.1.3.4 MnM view
17.1.3.4.1 Key strengths
17.1.3.4.2 Strategic choices
17.1.3.4.3 Weaknesses and competitive threats
17.1.4 AGCO CORPORATION
17.1.4.1 Business overview
17.1.4.2 Products/Solutions/Services offered
17.1.4.3 Recent developments
17.1.4.3.1 Product launches
17.1.4.3.2 Deals
17.1.4.3.3 Expansions
17.1.4.3.4 Other developments
17.1.4.4 MnM view
17.1.4.4.1 Right to win
17.1.4.4.2 Strategic choices
17.1.4.4.3 Weaknesses and competitive threats
17.1.5 KUBOTA CORPORATION
17.1.5.1 Business overview
17.1.5.2 Products/Solutions/Services offered
17.1.5.3 Recent developments
17.1.5.3.1 Product launches
17.1.5.3.2 Deals
17.1.5.3.3 Expansions
17.1.5.3.4 Other developments
17.1.5.4 MnM view
17.1.5.4.1 Right to win
17.1.5.4.2 Strategic choices
17.1.5.4.3 Weaknesses and competitive threats
17.1.6 CLAAS KGAA MBH
17.1.6.1 Business overview
17.1.6.2 Products/Solutions/Services offered
17.1.6.3 Recent developments
17.1.6.3.1 Product launches
17.1.6.3.2 Deals
17.1.6.3.3 Expansions
17.1.6.3.4 Other developments
17.1.6.4 MnM view
17.1.6.4.1 Right to win
17.1.6.4.2 Strategic choices
17.1.6.4.3 Weaknesses and competitive threats
17.1.7 ISEKI & CO., LTD.
17.1.7.1 Business overview
17.1.7.2 Products/Solutions/Services offered
17.1.7.3 Recent developments
17.1.7.3.1 Product launches
17.1.7.3.2 Deals
17.1.7.3.3 Expansions
17.1.8 ESCORTS KUBOTA LIMITED
17.1.8.1 Business overview
17.1.8.2 Products/Solutions/Services offered
17.1.8.3 Recent developments
17.1.8.3.1 Product launches
17.1.8.3.2 Deals
17.1.8.3.3 Expansions
17.1.9 SDF GROUP
17.1.9.1 Business overview
17.1.9.2 Products/Solutions/Services offered
17.1.9.3 Recent developments
17.1.9.3.1 Product launches
17.1.9.3.2 Deals
17.1.9.3.3 Expansions
17.1.9.3.4 Other developments
17.1.10 YANMAR HOLDINGS CO., LTD.
17.1.10.1 Business overview
17.1.10.2 Products/Solutions/Services offered
17.1.10.3 Recent developments
17.1.10.3.1 Product launches
17.1.10.3.2 Deals
17.1.10.3.3 Expansions
17.1.10.3.4 Other developments
17.2 OTHER PLAYERS
17.2.1 JCB (JOSEPH CYRIL BAMFORD EXCAVATORS LTD.)
17.2.2 TRACTORS AND FARM EQUIPMENT LIMITED
17.2.3 SONALIKA
17.2.4 TYM CORPORATION
17.2.5 DAEDONG CORPORATION
17.2.6 EXEL INDUSTRIES LTD.
17.2.7 BUCHER INDUSTRIES AG
17.2.8 ZETOR TRACTORS A.S.
17.2.9 ARGO TRACTORS S.P.A.
17.2.10 CONCERN TRACTOR PLANTS
17.2.11 AMAZONEN-WERKE H. DREYER SE & CO. KG
17.2.12 ALAMO GROUP INC.
17.2.13 BUHLER INDUSTRIES INC.
17.2.14 AUTONOMOUS TRACTOR CORPORATION
17.2.15 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.
17.2.16 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH)
17.2.17 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD.
17.2.18 BERNARD KRONE HOLDING SE & CO. KG
17.2.19 VERMEER CORPORATION
17.2.20 PЦTTINGER LANDTECHNIK GMBH
17.2.21 MINSK TRACTOR WORKS
17.2.22 HENAN QIANLI MACHINERY CO., LTD.
17.2.23 MASCHIO GASPARDO S.P.A.
17.3 OTHER PLAYERS FROM FOREST EQUIPMENT MACHINES
17.3.1 KOMATSU LTD.
17.3.2 CATERPILLAR
17.3.3 PONSSE OYJ
17.3.4 TIGERCAT INTERNATIONAL
18 RECOMMENDATIONS BY MARKETSANDMARKETS
18.1 ASIA OCEANIA EXPECTED TO DOMINATE FARM EQUIPMENT MARKET
18.2 KEY FOCUS AREAS OF ELECTRIC FARM TRACTORS
18.3 FOUR-WHEEL DRIVE TRACTORS FOR FUTURE APPLICATIONS – KEY FOCUS AREA
18.4 GROWING DEMAND FOR AUTONOMOUS TRACTORS IN COMING YEARS
18.5 CONCLUSION
19 APPENDIX
19.1 INSIGHTS FROM INDUSTRY EXPERTS
19.2 DISCUSSION GUIDE
19.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
19.4 CUSTOMIZATION OPTIONS
19.4.1 FARM EQUIPMENT MARKET, BY DRIVE TYPE & COUNTRY
19.4.1.1 Asia Oceania
19.4.1.1.1 China
19.4.1.1.2 India
19.4.1.1.3 Japan
19.4.1.1.4 South Korea
19.4.1.1.5 Australia
19.4.1.1.6 Rest of Asia Oceania
19.4.1.2 Europe
19.4.1.2.1 Germany
19.4.1.2.2 France
19.4.1.2.3 UK
19.4.1.2.4 Spain
19.4.1.2.5 Russia
19.4.1.2.6 Italy
19.4.1.2.7 Poland
19.4.1.2.8 Tьrkiye
19.4.1.2.9 Rest of Europe
19.4.1.3 North America
19.4.1.3.1 US
19.4.1.3.2 Canada
19.4.1.3.3 Mexico
19.4.1.4 Rest of the World
19.4.1.4.1 Brazil
19.4.1.4.2 Argentina
19.4.1.4.3 Others
19.4.2 ELECTRIC TRACTOR MARKET, BY POWER OUTPUT & COUNTRY
19.4.2.1 Asia Oceania
19.4.2.1.1 China
19.4.2.1.2 India
19.4.2.1.3 Japan
19.4.2.1.4 South Korea
19.4.2.1.5 Australia
19.4.2.1.6 Rest of Asia Oceania
19.4.2.2 Europe
19.4.2.2.1 Germany
19.4.2.2.2 France
19.4.2.2.3 UK
19.4.2.2.4 Spain
19.4.2.2.5 Russia
19.4.2.2.6 Italy
19.4.2.2.7 Poland
19.4.2.2.8 Tьrkiye
19.4.2.2.9 Rest of Europe
19.4.2.3 North America
19.4.2.3.1 US
19.4.2.3.2 Canada
19.4.2.3.3 Mexico
19.4.2.4 Rest of the World
19.4.2.4.1 Brazil
19.4.2.4.2 Argentina
19.4.2.4.3 Others
19.4.3 AGRICULTURE SPRAYER MARKET, BY TYPE
19.4.3.1 Self-propelled sprayers
19.4.3.2 Tractor-mounted sprayers
19.4.3.3 Trailed sprayers
19.4.3.4 Handheld sprayers
19.5 RELATED REPORTS
19.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED
1.3.3 CURRENCY CONSIDERED
1.4 SUMMARY OF CHANGES
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources to estimate farm equipment market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Major objectives of primary research
2.1.2.2 List of interviews with experts
2.2 MARKET ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.3 DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 REPORT SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FARM EQUIPMENT MARKET
4.2 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.3 FARM TRACTOR MARKET, BY DRIVE TYPE
4.4 FARM TRACTOR MARKET, BY POWER OUTPUT
4.5 FARM IMPLEMENTS MARKET, BY FUNCTION
4.6 ELECTRIC TRACTOR MARKET, BY PROPULSION
4.7 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
4.8 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
4.9 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.10 FARM EQUIPMENT MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Government support through farm loan waivers/credit finance
5.2.1.2 OEM/sales incentives to support dealer services and rental operations
5.2.1.3 Contract farming
5.2.1.4 Increase in farm mechanization
5.2.2 RESTRAINTS
5.2.2.1 Growth of rental market
5.2.2.2 High cost of equipment in emerging economies
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of precision farming
5.2.3.2 Increasing R&D and adoption of electric tractors
5.2.4 CHALLENGES
5.2.4.1 Rapidly changing emission norms and mandates
5.3 TRADE ANALYSIS
5.3.1 IMPORT SCENARIO (CODE 843280)
5.3.2 EXPORT SCENARIO (HS CODE 843280)
5.3.3 IMPORT SCENARIO (CODE 843290)
5.3.4 EXPORT SCENARIO (HS CODE 843290)
5.3.5 IMPORT SCENARIO (HS CODE 843210)
5.3.6 EXPORT SCENARIO (HS CODE 843210)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 CASE STUDY ANALYSIS
5.5.1 SOLECTRAC’S SOLUTIONS FOR MUSHROOM FARMS
5.5.2 ELECTRIC TRACTORS FOR SUSTAINABLE AGRICULTURAL PRACTICES BY AGRIMACS INC.
5.5.3 CALIFORNIA GOVERNMENT FOCUSES ON FARMS TO GO GREEN WITH ZERO EMISSIONS
5.5.4 MONARCH TRACTORS SAVE USD?2,600 PER YEAR FOR WENTE VINEYARDS
5.5.5 PACIFIC NORTHWEST ELECTRIC TRACTOR BARRIERS STUDY
5.5.6 CHALLENGES RELATED TO AUTOMATION AND ELECTRIFICATION OF TRACTORS ADDRESSED BY DR. JIANFENG ZHOU
5.6 MARKET ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
5.8 PATENT ANALYSIS
5.8.1 INTRODUCTION
5.9 SUPPLY CHAIN ANALYSIS
5.10 FARM EQUIPMENT MARKET ECOSYSTEM
5.11 REGULATORY LANDSCAPE
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11.2 REGULATORY ANALYSIS FOR FARM EQUIPMENT MARKET
5.11.3 NON-ROAD MOBILE MACHINERY EMISSION (NRMM) REGULATIONS OUTLOOK, 2019–2030
5.11.3.1 North America
5.11.3.1.1 US
5.11.3.2 Europe
5.11.3.3 Asia Oceania
5.11.3.3.1 China
5.11.3.3.2 India
5.12 PRICING ANALYSIS
5.12.1 BY POWER OUTPUT & REGION
5.12.2 AVERAGE SELLING PRICE OF <30HP TRACTORS, BY REGION
5.12.3 AVERAGE SELLING PRICE OF 31–70 HP TRACTORS, BY REGION
5.12.4 AVERAGE SELLING PRICE OF 71–130 HP TRACTORS, BY REGION
5.12.5 AVERAGE SELLING PRICE OF 131–250 HP TRACTORS, BY REGION
5.12.6 AVERAGE SELLING PRICE OF >250 HP TRACTORS, BY REGION
5.12.7 AVERAGE SELLING PRICE OF TRACTOR, BY DRIVE TYPE
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGIES
5.13.1.1 Farm equipment automation
5.13.1.2 Agriculture 5.0
5.13.1.3 Electrification of tractors
5.13.2 COMPLEMENTARY TECHNOLOGIES
5.13.2.1 Future of battery technologies
5.13.2.2 Trends in rental industry
5.13.3 CNG TRACTORS
5.13.4 ADJACENT TECHNOLOGIES
5.13.4.1 Precision farming
5.14 KEY CONFERENCES AND EVENTS, 2025–2026
5.14.1 FARM EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS, 2025–2026
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 CRITICAL STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 TOTAL COST OF OWNERSHIP: FARM EQUIPMENT MARKET
5.16.1 TOTAL COST OF OWNERSHIP FOR ELECTRIC AND DIESEL TRACTORS
5.16.1.1 Diesel tractor
5.16.1.2 Electric tractor
5.16.1.3 Cumulative
5.17 OEM FUTURE INVESTMENTS, BY KEY PLAYER
5.18 OEM ANALYSIS
5.18.1 ELECTRIC/HYBRID TRACTOR BATTERY CAPACITY VS. MOTOR OUTPUT
5.18.2 REGIONAL TREND OF DIESEL TRACTORS, BY DRIVE TYPE, 2024
5.18.3 TRACTOR HORSEPOWER, BY KEY OEM
5.19 PRICE RANGES OF TRACTOR MODELS FROM TOP OEMS
5.19.1 MAHINDRA&MAHINDRA LTD.
5.19.2 DEERE & COMPANY
5.19.3 MASSEY FERGUSON (AGCO CORPORATION)
5.19.4 EICHER TRACTOR (TAFE)
5.19.5 SONALIKA (INTERNATIONAL TRACTORS LIMITED (ITL))
5.19.6 KUBOTA CORPORATION
5.19.7 NEW HOLLAND
5.19.8 CASE IH
6 OEM TRACTOR AND COMBINE HARVESTER SALES, BY COUNTRY 2022 - 2024
6.1 EUROPE
6.1.1 UK
6.1.2 GERMANY
6.1.3 ITALY
6.1.4 FRANCE
6.1.5 SPAIN
6.1.6 TURKEY
6.2 ASIA PACIFIC
6.2.1 INDIA
6.3 OEM-WISE COMBINE HARVESTER SALES, BY COUNTRY, 2023–2024
6.3.1 ASIA PACIFIC
6.3.1.1 India
6.3.2 EUROPE
6.3.2.1 Spain
7 FARM IMPLEMENTS MARKET, BY FUNCTION
7.1 INTRODUCTION
7.2 PLOWING & CULTIVATING
7.2.1 HIGHER YIELDS CATERING TO NEEDS OF GROWING POPULATION TO BOOST MARKET
7.3 SOWING & PLANTING
7.3.1 REDUCTION OF OVERALL COSTS TO PROPEL MARKET
7.4 PLANT PROTECTION AND FERTILIZING
7.4.1 INCREASED CROP PRODUCTION AND ENHANCED FOOD QUALITY TO DRIVE DEMAND
7.5 HARVESTING & THRESHING
7.5.1 MULTIPLE AGRICULTURAL ACTIVITIES IN SINGLE PROCESS TO DRIVE MARKET
7.6 OTHER FUNCTIONS
7.7 INDUSTRY INSIGHTS
8 ELECTRIC TRACTOR MARKET, BY PROPULSION
8.1 INTRODUCTION
8.2 BATTERY ELECTRIC
8.2.1 REDUCTION OF BATTERY MANUFACTURING COSTS TO DRIVE MARKET
8.3 HYBRID ELECTRIC
8.3.1 HIGHER POWER OUTPUT THAN BATTERY ELECTRIC TRACTORS TO DRIVE MARKET
8.4 HYDROGEN
8.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE TO DRIVE MARKET
8.5 PRIMARY INSIGHTS
9 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
9.1 INTRODUCTION
9.2 TRACTORS
9.2.1 INCREASING COLLABORATIONS BETWEEN OEMS AND APPLICATION COMPANIES TO DRIVE MARKET
9.3 COMBINES
9.3.1 DEMAND FOR HIGHER PRODUCTIVITY TO DRIVE MARKET
9.4 SPRAYERS
9.4.1 HIGHER EFFICIENCY IN FARM OPERATIONS TO BOOST DEMAND
9.5 BALERS
9.5.1 INCREASING PREFERENCE FOR ROUND BALERS WITH PRE-CUTTING SYSTEMS TO PROPEL MARKET
9.6 OTHER RENTAL EQUIPMENT TYPES
9.7 INDUSTRY INSIGHTS
10 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
10.1 INTRODUCTION
10.2 <30 HP
10.2.1 DEMAND FOR SMALL-SIZED FARMS TO PROPEL MARKET
10.3 31–70 HP
10.3.1 MODERATE POWER AND EASE OF USE TO FUEL MARKET
10.4 71–130 HP
10.4.1 INCREASING FARM MECHANIZATION RATES TO BOOST DEMAND
10.5 131–250 HP
10.5.1 HIGH DEMAND FOR LARGE-SCALE AGRICULTURE OPERATIONS TO PROPEL MARKET
10.6 >250 HP
10.6.1 INCREASING COMMERCIAL FARMING ACTIVITIES TO DRIVE DEMAND
10.7 INDUSTRY INSIGHTS
11 FARM TRACTOR MARKET, BY DRIVE TYPE
11.1 INTRODUCTION
11.2 TWO-WHEEL DRIVE
11.2.1 SMALLER TURNING CIRCLE, FEWER MECHANICAL PARTS, AND LOWER PRICE TO DRIVE MARKET
11.3 FOUR-WHEEL DRIVE
11.3.1 BETTER TRACTION CONTROL UNDER HARSH CONDITIONS AND QUICKER FARMING TO BOOST MARKET
11.4 INDUSTRY INSIGHTS
12 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
12.1 INTRODUCTION
12.2 CEREAL COMBINES
12.2.1 INCREASING FARM MECHANIZATION TO DRIVE DEMAND
12.3 NON-CEREAL COMBINES
12.3.1 IMPROVED SILAGE QUALITY TO DRIVE DEMAND
12.4 BALERS
12.4.1 MINIMIZED WASTAGE AND INCREASED PRODUCTIVITY TO DRIVE DEMAND
12.5 SELF-PROPELLED SPRAYERS
12.5.1 LARGE-SCALE PRODUCTION TO DRIVE MARKET
12.6 TRACTOR-MOUNTED SPRAYERS
12.6.1 BETTER MANEUVRABILITY TO DRIVE DEMAND FOR SMALL AND MEDIUM-SIZED FARMS
12.7 INDUSTRY INSIGHTS
13 FARM TRACTOR MARKET, BY POWER OUTPUT
13.1 INTRODUCTION
13.2 <30 HP
13.2.1 PRESENCE OF SMALL FARMLANDS IN SEVERAL COUNTRIES TO DRIVE MARKET
13.2.2 OPERATIONAL DATA FOR <30 HP TRACTORS BY OEMS
13.3 31–70 HP
13.3.1 GOVERNMENT SUBSIDIES, LOAN WAIVERS, AND POLICIES TO DRIVE MARKET
13.3.2 OPERATIONAL DATA FOR 30–70 HP TRACTORS BY OEMS
13.4 71–130 HP
13.4.1 NEED FOR TRACTORS WITH HIGHER POWER AND EFFICIENCY IN EXTENSIVE FARMLANDS TO DRIVE MARKET
13.4.2 OPERATIONAL DATA FOR 71–130 HP TRACTORS BY OEMS
13.5 131–250 HP
13.5.1 PRESENCE OF LARGE FARMLANDS IN EUROPE TO DRIVE MARKET
13.5.2 OPERATIONAL DATA FOR 131–250 HP TRACTORS BY OEMS
13.6 >250 HP
13.6.1 GROWING ORGANIZED FARMING ACTIVITIES TO DRIVE MARKET
13.7 INDUSTRY INSIGHTS
14 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
14.1 INTRODUCTION
14.2 FELLER BUNCHERS
14.2.1 DEMAND FOR FTL PROCESS IN AMERICAS TO BOOST MARKET
14.3 HARVESTERS
14.3.1 INCREASING PRODUCTIVITY AND MINIMIZING MANUAL LABOR TO BOOST MARKET
14.4 FORWARDERS
14.4.1 EXTRACTION OF WOOD UNDER VARIED DRIVING TERRAIN CONDITIONS TO BOOST MARKET
14.5 LOADERS
14.5.1 INCREASE IN COMMERCIAL CONSTRUCTION ACTIVITIES TO FUEL MARKET
14.6 SKIDDERS
14.6.1 TECHNOLOGICAL ADVANCEMENTS TO BOOST MARKET
14.7 SWING MACHINES
14.7.1 MULTIPLE FUNCTIONALITIES TO DRIVE MARKET
14.8 OTHER FORESTRY MACHINES
14.9 INDUSTRY INSIGHTS
15 FARM TRACTOR MARKET, BY REGION
15.1 INTRODUCTION
15.2 ASIA OCEANIA
15.2.1 MACROECONOMIC OUTLOOK FOR NORTH ASIA OCEANIA
15.2.2 AUSTRALIA
15.2.2.1 Government assistance to farmers to drive market
15.2.3 CHINA
15.2.3.1 Large tractor manufacturing sector and significant demand to boost market
15.2.4 INDIA
15.2.4.1 Rise in farm mechanization to drive market
15.2.5 JAPAN
15.2.5.1 Increasing focus on encouraging agricultural co-operatives to fuel market
15.2.6 SOUTH KOREA
15.2.6.1 Government focus on cultivating young farmers to drive market
15.2.7 REST OF ASIA OCEANIA
15.3 EUROPE
15.3.1 MACROECONOMIC OUTLOOK
15.3.2 FRANCE
15.3.2.1 Labor shortage to propel market
15.3.3 GERMANY
15.3.3.1 Increasing demand for high-powered tractors to drive market
15.3.4 ITALY
15.3.4.1 Increasing demand for precision agriculture to fuel market
15.3.5 POLAND
15.3.5.1 Increasing farm subsidies to drive demand
15.3.6 RUSSIA
15.3.6.1 Small and medium-sized farms to support market growth
15.3.7 SPAIN
15.3.7.1 Shortage of labor and increasing focus on precision agriculture to boost market
15.3.8 TURKEY
15.3.8.1 Larger farm sizes and favorable government policies to fuel market
15.3.9 UK
15.3.9.1 Rising demand for high-powered tractors to drive market
15.3.10 REST OF EUROPE
15.4 NORTH AMERICA
15.4.1 MACROECONOMIC OUTLOOK
15.4.2 CANADA
15.4.2.1 Farm mechanization and government investments in crop production to boost market
15.4.3 MEXICO
15.4.3.1 Government support and presence of OEMs to drive market
15.4.4 US
15.4.4.1 Presence of key players to drive market
15.5 REST OF THE WORLD
15.5.1 MACROECONOMIC OUTLOOK
15.5.2 ARGENTINA
15.5.2.1 Increased focus of key players in manufacturing tractors to propel market
15.5.3 BRAZIL
15.5.3.1 Increasing exports of tractors and presence of agri-tech startups to propel market
15.5.4 OTHERS
15.6 INDUSTRY INSIGHTS
16 COMPETITIVE LANDSCAPE
16.1 OVERVIEW
16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
16.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN FARM EQUIPMENT MARKET
16.3 REVENUE ANALYSIS
16.4 MARKET SHARE ANALYSIS, 2023
16.5 FARM EQUIPMENT MARKET OUTLOOK, BY COUNTRY
16.5.1 INDIA
16.5.1.1 Indian tractor OEM share analysis
16.5.2 US
16.5.2.1 US tractor OEM share analysis
16.6 COMPANY VALUATION
16.7 FINANCIAL METRICS, 2024
16.8 BRAND/PRODUCT COMPARISON
16.9 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
16.9.1 INTRODUCTION
16.9.2 STARS
16.9.3 EMERGING LEADERS
16.9.4 PERVASIVE PLAYERS
16.9.5 PARTICIPANTS
16.9.6 COMPANY FOOTPRINT: KEY PLAYERS, 2024
16.9.6.1 Company footprint
16.9.6.2 Region footprint
16.9.6.3 Propulsion footprint
16.9.6.4 Drive type footprint
16.9.6.5 Equipment type footprint
16.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
16.10.1 INTRODUCTION
16.10.2 PROGRESSIVE COMPANIES
16.10.3 RESPONSIVE COMPANIES
16.10.4 DYNAMIC COMPANIES
16.10.5 STARTING BLOCKS
16.10.6 COMPETITIVE BENCHMARKING, STARTUPS/SMES, 2024
16.10.6.1 Detailed list of key startups/SMEs
16.11 COMPETITIVE SCENARIO
16.11.1 PRODUCT LAUNCHES
16.11.2 DEALS
16.11.3 EXPANSIONS
16.11.4 OTHER DEVELOPMENTS
17 COMPANY PROFILES
17.1 KEY PLAYERS
17.1.1 DEERE & COMPANY
17.1.1.1 Business overview
17.1.1.2 Products/Solutions/Services offered
17.1.1.3 Recent developments
17.1.1.3.1 Product launches
17.1.1.3.2 Deals
17.1.1.3.3 Expansions
17.1.1.3.4 Other developments
17.1.1.4 MnM view
17.1.1.4.1 Right to win
17.1.1.4.2 Strategic choices
17.1.1.4.3 Weaknesses and competitive threats
17.1.2 CNH INDUSTRIAL N.V.
17.1.2.1 Business overview
17.1.2.2 Products/Solutions/Services offered
17.1.2.3 Recent developments
17.1.2.3.1 Product launches
17.1.2.3.2 Deals
17.1.2.3.3 Expansions
17.1.2.4 MnM view
17.1.2.4.1 Right to win
17.1.2.4.2 Strategic choices
17.1.2.4.3 Weaknesses and competitive threats
17.1.3 MAHINDRA&MAHINDRA LTD.
17.1.3.1 Business overview
17.1.3.2 Products/Solutions/Services offered
17.1.3.3 Recent developments
17.1.3.3.1 Product launches
17.1.3.3.2 Deals
17.1.3.3.3 Expansions
17.1.3.3.4 Other developments
17.1.3.4 MnM view
17.1.3.4.1 Key strengths
17.1.3.4.2 Strategic choices
17.1.3.4.3 Weaknesses and competitive threats
17.1.4 AGCO CORPORATION
17.1.4.1 Business overview
17.1.4.2 Products/Solutions/Services offered
17.1.4.3 Recent developments
17.1.4.3.1 Product launches
17.1.4.3.2 Deals
17.1.4.3.3 Expansions
17.1.4.3.4 Other developments
17.1.4.4 MnM view
17.1.4.4.1 Right to win
17.1.4.4.2 Strategic choices
17.1.4.4.3 Weaknesses and competitive threats
17.1.5 KUBOTA CORPORATION
17.1.5.1 Business overview
17.1.5.2 Products/Solutions/Services offered
17.1.5.3 Recent developments
17.1.5.3.1 Product launches
17.1.5.3.2 Deals
17.1.5.3.3 Expansions
17.1.5.3.4 Other developments
17.1.5.4 MnM view
17.1.5.4.1 Right to win
17.1.5.4.2 Strategic choices
17.1.5.4.3 Weaknesses and competitive threats
17.1.6 CLAAS KGAA MBH
17.1.6.1 Business overview
17.1.6.2 Products/Solutions/Services offered
17.1.6.3 Recent developments
17.1.6.3.1 Product launches
17.1.6.3.2 Deals
17.1.6.3.3 Expansions
17.1.6.3.4 Other developments
17.1.6.4 MnM view
17.1.6.4.1 Right to win
17.1.6.4.2 Strategic choices
17.1.6.4.3 Weaknesses and competitive threats
17.1.7 ISEKI & CO., LTD.
17.1.7.1 Business overview
17.1.7.2 Products/Solutions/Services offered
17.1.7.3 Recent developments
17.1.7.3.1 Product launches
17.1.7.3.2 Deals
17.1.7.3.3 Expansions
17.1.8 ESCORTS KUBOTA LIMITED
17.1.8.1 Business overview
17.1.8.2 Products/Solutions/Services offered
17.1.8.3 Recent developments
17.1.8.3.1 Product launches
17.1.8.3.2 Deals
17.1.8.3.3 Expansions
17.1.9 SDF GROUP
17.1.9.1 Business overview
17.1.9.2 Products/Solutions/Services offered
17.1.9.3 Recent developments
17.1.9.3.1 Product launches
17.1.9.3.2 Deals
17.1.9.3.3 Expansions
17.1.9.3.4 Other developments
17.1.10 YANMAR HOLDINGS CO., LTD.
17.1.10.1 Business overview
17.1.10.2 Products/Solutions/Services offered
17.1.10.3 Recent developments
17.1.10.3.1 Product launches
17.1.10.3.2 Deals
17.1.10.3.3 Expansions
17.1.10.3.4 Other developments
17.2 OTHER PLAYERS
17.2.1 JCB (JOSEPH CYRIL BAMFORD EXCAVATORS LTD.)
17.2.2 TRACTORS AND FARM EQUIPMENT LIMITED
17.2.3 SONALIKA
17.2.4 TYM CORPORATION
17.2.5 DAEDONG CORPORATION
17.2.6 EXEL INDUSTRIES LTD.
17.2.7 BUCHER INDUSTRIES AG
17.2.8 ZETOR TRACTORS A.S.
17.2.9 ARGO TRACTORS S.P.A.
17.2.10 CONCERN TRACTOR PLANTS
17.2.11 AMAZONEN-WERKE H. DREYER SE & CO. KG
17.2.12 ALAMO GROUP INC.
17.2.13 BUHLER INDUSTRIES INC.
17.2.14 AUTONOMOUS TRACTOR CORPORATION
17.2.15 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.
17.2.16 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH)
17.2.17 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD.
17.2.18 BERNARD KRONE HOLDING SE & CO. KG
17.2.19 VERMEER CORPORATION
17.2.20 PЦTTINGER LANDTECHNIK GMBH
17.2.21 MINSK TRACTOR WORKS
17.2.22 HENAN QIANLI MACHINERY CO., LTD.
17.2.23 MASCHIO GASPARDO S.P.A.
17.3 OTHER PLAYERS FROM FOREST EQUIPMENT MACHINES
17.3.1 KOMATSU LTD.
17.3.2 CATERPILLAR
17.3.3 PONSSE OYJ
17.3.4 TIGERCAT INTERNATIONAL
18 RECOMMENDATIONS BY MARKETSANDMARKETS
18.1 ASIA OCEANIA EXPECTED TO DOMINATE FARM EQUIPMENT MARKET
18.2 KEY FOCUS AREAS OF ELECTRIC FARM TRACTORS
18.3 FOUR-WHEEL DRIVE TRACTORS FOR FUTURE APPLICATIONS – KEY FOCUS AREA
18.4 GROWING DEMAND FOR AUTONOMOUS TRACTORS IN COMING YEARS
18.5 CONCLUSION
19 APPENDIX
19.1 INSIGHTS FROM INDUSTRY EXPERTS
19.2 DISCUSSION GUIDE
19.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
19.4 CUSTOMIZATION OPTIONS
19.4.1 FARM EQUIPMENT MARKET, BY DRIVE TYPE & COUNTRY
19.4.1.1 Asia Oceania
19.4.1.1.1 China
19.4.1.1.2 India
19.4.1.1.3 Japan
19.4.1.1.4 South Korea
19.4.1.1.5 Australia
19.4.1.1.6 Rest of Asia Oceania
19.4.1.2 Europe
19.4.1.2.1 Germany
19.4.1.2.2 France
19.4.1.2.3 UK
19.4.1.2.4 Spain
19.4.1.2.5 Russia
19.4.1.2.6 Italy
19.4.1.2.7 Poland
19.4.1.2.8 Tьrkiye
19.4.1.2.9 Rest of Europe
19.4.1.3 North America
19.4.1.3.1 US
19.4.1.3.2 Canada
19.4.1.3.3 Mexico
19.4.1.4 Rest of the World
19.4.1.4.1 Brazil
19.4.1.4.2 Argentina
19.4.1.4.3 Others
19.4.2 ELECTRIC TRACTOR MARKET, BY POWER OUTPUT & COUNTRY
19.4.2.1 Asia Oceania
19.4.2.1.1 China
19.4.2.1.2 India
19.4.2.1.3 Japan
19.4.2.1.4 South Korea
19.4.2.1.5 Australia
19.4.2.1.6 Rest of Asia Oceania
19.4.2.2 Europe
19.4.2.2.1 Germany
19.4.2.2.2 France
19.4.2.2.3 UK
19.4.2.2.4 Spain
19.4.2.2.5 Russia
19.4.2.2.6 Italy
19.4.2.2.7 Poland
19.4.2.2.8 Tьrkiye
19.4.2.2.9 Rest of Europe
19.4.2.3 North America
19.4.2.3.1 US
19.4.2.3.2 Canada
19.4.2.3.3 Mexico
19.4.2.4 Rest of the World
19.4.2.4.1 Brazil
19.4.2.4.2 Argentina
19.4.2.4.3 Others
19.4.3 AGRICULTURE SPRAYER MARKET, BY TYPE
19.4.3.1 Self-propelled sprayers
19.4.3.2 Tractor-mounted sprayers
19.4.3.3 Trailed sprayers
19.4.3.4 Handheld sprayers
19.5 RELATED REPORTS
19.6 AUTHOR DETAILS
