openPR Logo
Press release

Indian Used Agricultural Equipment Market Revenue, Sales and Outlook to 2026: Ken Research

08-29-2022 02:35 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Ken Research Pvt .Ltd

Indian Used Agricultural Equipment Market Revenue, Sales

Market Overview

Tractors, harvesters, ploughs, and cultivators are examples of agricultural equipment used to aid in various farming chores. By using agricultural equipment, one can produce a high crop yield with relatively little effort and in a shorter amount of time. Additionally, using autonomous and semiautomatic agricultural equipment lessens the need for laborers on farms, which lowers the costs associated with hiring workers. This lowers the downtimes and enables extremely precise operations, which further boosts crop productivity.

Report Analysis

According to the research report, "Indian Used Agricultural Equipment Market Outlook to 2026 (Including Tractors, Harvesters, Power Tillers, and Tractor-Attachable Equipment): Driven by rising adoption of small and marginal farmers and government subsidy to increase the demand of used equipment" emphasizes that the used agricultural market in India was expanded at a CAGR of 19.1% in terms of transaction value and 16.5% in terms of volume from the financial years 2016 to 2021, which shows that the market will grow further. By volume sales, used tractors dominated the used agricultural equipment market in India in FY'21, followed by used power tillers, used harvesters, and used equipment that could be attached to tractors (sprayer, rotavator, cultivator, ploughs, drills, etc.). Furthermore, it was found that unorganized dealers controlled the market, which was highly fragmented. Peer-to-peer sales are another common practice in India.

Request For Sample Report:- https://www.kenresearch.com/sample-report.php?Frmdetails=NDkzMjg0

The Indian market for used agricultural equipment is primarily driven by the used tractor industry. States with lower average farmer incomes, like the U.P. and M.P., have the biggest demand for old tractors, whereas Punjab and Haryana have the highest demand for new tractors. Due to the growing popularity of e-marketplaces, physical-digital hybrid marketplaces, and classifieds in rural regions, used tractor sales have recently increased online. The need for used agricultural equipment has increased in India due to ambitious government programs, expanding mechanization in the country, and the viability of doing so economically.

Segmentation

By Competition Scenario

The online aggregator platform known as classifieds serves as a conduit between institutional and private dealers of farm equipment and the final consumer. Major classified websites including Tractor Junction, Meratractor, Tractorguru, Khetigaadi, and Molanmol are utilized to buy used agricultural equipment.

By Financing Market

Various initiatives launched by NABARD and the RBI have tried to increase credit flow in the agriculture sector by financially aiding private institutions. Commercial banks in India have optimistically increased their total amount of outstanding credit in agriculture from FY'16 to FY'21. Mahindra Finance, Kotak Mahindra Bank, and IndusInd Bank are a few of the key financial institutions in the Indian agricultural sector.

Future Projections

With the increasing use of agricultural equipment and government schemes providing subsidies for such equipment over the projected period FY'2022-FY'2026, it is expected that the used agricultural equipment market in India will expand in the upcoming years. With the market continually growing, it is also projected that the Indian Used Agricultural Equipment Market will exhibit an upward trend in terms of volume and value, better than the prior years. The end users will prefer organized financing of old agricultural equipment more and more.

Key Markets Covered in India Used Agricultural Equipment Market:-

India Used Tractor Market

Market Size, By Volume and Value, FY'16-FY'21

Market Segmentation By,

By New Purchase vs Used Purchase, FY'16-FY'21

By Manufacturers, FY'21

By Power (HP), FY'16 & FY'21

By Drive (2WD vs 4WD), FY'21

By Region, FY'16 & FY'21

By Distribution Channels, FY'21

By Vehicle Age, FY'21

By Mode of Sales (Online vs Offline), FY'16 & FY'21

By Financed vs Non-Financed Purchases by End Users, FY'16 & FY'21

By Organized vs Unorganized Financing, FY'16 & FY'21

Request For Sample Report:- https://www.kenresearch.com/sample-report.php?Frmdetails=NDkzMjg0

India Used Harvester Market

Market Size, By Volume and Value, FY'16-FY'21

Market Segmentation By,

By New Purchase vs Used Purchase, FY'16-FY'21

By Manufacturers (Track Type Harvesters), FY'21

By Power (HP), FY'16 & FY'21

By Cutting Width, FY'21

By Region, FY'16 & FY'21

By Distribution Channels, FY'21

By Vehicle Age, FY'21

By Hours of Usage, FY'21

By Mode of Sales (Online vs Offline), FY'16 & FY'21

By Financed vs Non-Financed Purchases by End Users, FY'16 & FY'21

By Organized vs Unorganized Financing, FY'16 & FY'21

India Used Power Tiller Market

Market Size, By Volume and Value, FY'16-FY'21

Market Segmentation By,

By New Purchase vs Used Purchase, FY'16-FY'21

By Manufacturers, FY'21

By Power (HP), FY'16 & FY'21

By Region, FY'16 & FY'21

India Used Tractor-Attachable Equipment Market

Market Size, By Volume and Value, FY'16-FY'21

Market Segmentation By Product Types,

Used Rotavators Sales, By Volume, FY'21

Used Cultivator Sales, By Volume, FY'21

Used Sprayer Sales, By Volume, FY'21

Used Harrows Sales, By Volume, FY'21

Used Ploughs and Drills Sales, By Volume, FY'21

Agricultural Equipment Financing Market in India

Value Chain And Ecosystem of Agricultural Equipment Financing market in India

Key Issues and Challenges, customer's perspective

Market Share of top used tractor financing companies in India, By Volume fo Tractor financed, FY'21

Cross-Comparison of Major Agriculture finance companies in India

Request For Sample Report:- https://www.kenresearch.com/sample-report.php?Frmdetails=NDkzMjg0

Key Target Audience:-

Construction Chemical companies

Concrete Additive companies

Waterproofing companies

Adhesive and Sealant Companies

Repair and Rehabilitation Chemical companies

Time Period Captured in the Report:-

Historical Period: FY'16-FY'21

Forecast Period: FY'22-FY'26

Major Classified Websites for Used Agricultural Equipment Sales:-

Tractorjuction.com

Meratractor.com

Khetigaadi.com

Escortsmolanmol.com

Tractorguru.com

Major Financing Companies for Used Agri-Equipment In India

Mahindra Finance

Kotak Mahindra Bank

IndusInd Bank

TVS Credit

AU Small Finance Bank

Kogta Finance

For More Information on the research report, refer to below link:-
https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/indian-used-agricultural-equipment-market-outlook-to-2026-/493284-104.html

Related Reports:-

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/indonesia-agriculture-equipment-market-outlook-to-2025/409962-104.html

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/india-tractor-market-outlook-to-2025/472830-104.html

https://www.kenresearch.com/agriculture-and-animal-care/agriculture-equipment/myanmar-agriculture-machinery-market-outlook-to-2025/427146-104.html

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Support@kenresearch.com
+91-9015378249

Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India

Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.

We currently cater to 300+ sectors with 150,000+ research repository across 196+ countries serving 1000+ clients and have partnered with almost 25+ content aggregators.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Indian Used Agricultural Equipment Market Revenue, Sales and Outlook to 2026: Ken Research here

News-ID: 2719281 • Views:

More Releases from Ken Research Pvt .Ltd

Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded at 8,870 Cases with Strong Growth Potential
Budaun & Pilibhit Oncology Market - Ken Research Stated the Sector is Recorded a …
Comprehensive analysis charts rising incidence, capacity build-out, and investment pathways across two high-potential Uttar Pradesh districts. Delhi, India - October 3, 2025 - Ken Research released its strategic market analysis titled "Budaun & Pilibhit Oncology Market Outlook to 2029," revealing that the current market size is recorded at 8,870 cases, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to expand, driven by rising cancer
UAE Cold Storage Market - Ken Research Stated the Sector Valued at AED 1400 million with Strong Growth Potential
UAE Cold Storage Market - Ken Research Stated the Sector Valued at AED 1400 mill …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in the UAE's rapidly evolving cold storage ecosystem. Delhi, India - October 1, 2025 - Ken Research released its strategic market analysis titled "UAE Cold Storage Market Outlook to 2029," revealing that the current market size is valued at AED 1400 million, based on a five-year historical analysis. The comprehensive analysis details how the market is
Indonesia CEP Market Crosses USD 9100 million Milestone - Latest Insights by Ken Research
Indonesia CEP Market Crosses USD 9100 million Milestone - Latest Insights by Ken …
Comprehensive market analysis maps exponential growth trajectory, investment opportunities, and strategic imperatives for industry leaders in Indonesia's rapidly evolving CEP (Courier, Express, and Parcel) ecosystem. Delhi, India - October 1, 2025 - Ken Research released its strategic market analysis titled "Indonesia CEP Market Outlook to 2029," revealing that the current market size is valued at USD 9100 million, based on a five-year historical analysis. The comprehensive analysis details how the market
India Edible Oil Market - Ken Research Stated the Sector is Valued at USD 10,00,000 Mt Tons with Strong Growth Potential
India Edible Oil Market - Ken Research Stated the Sector is Valued at USD 10,00, …
Comprehensive market analysis maps growth trajectory, investment opportunities, and strategic imperatives for industry leaders in India's evolving edible oil sector. Delhi, India - October 1, 2025 - Ken Research released its strategic market analysis titled "India Edible Oil Market Outlook to 2028," revealing that the current market size is valued at USD 10,00,000 Mt Tons, based on a five-year historical analysis. The comprehensive analysis details how the market is expected to

All 5 Releases


More Releases for India

India Smart Air Purifier Market Set to Witness Significant Growth by 2035 | Phil …
India smart air purifier market was valued at $125.8 million in 2024 and is projected to reach $298.7 million by 2035, growing at a CAGR of 8.3% during the forecast period (2025-2035). India Smart Air Purifier Market Overview The Indian smart air purifier market is experiencing significant growth, driven by increasing concerns over air pollution and its impact on health. Consumers are increasingly adopting smart air purifiers equipped with advanced features
Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the
12-11-2018 | Health & Medicine
Pasta
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will