Farm Machinery And Equipment Market Report 2023 By Share, Trends, Top Companies, Growth And Forecast 2032 | AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V, Escorts Group, ISEKI & Co. Ltd.

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the farm machinery and equipment market report by The Business Research Company, The integration of Internet of Things (IoT) applications in farm equipment is expected to drive the market for farm machinery and equipment. The world's population will surpass 9 billion people by 2050. Farmers need access to better instruments and practices that will help them to deliver more agricultural products in less time. Farmers need to adopt new and modern technologies to produce food for the ever-expanding population.

The global farm machinery and equipment market size will grow from $216.1 billion in 2022 to $232.61 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global farm machinery and equipment market size is expected to grow to $303.75 billion in 2027 at a CAGR of 6.9%.

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Major competitors in the farm machinery and equipment market include AGCO Corporation, CLAAS KGaA mbH, CNH Industrial N.V, Escorts Group, ISEKI & Co. Ltd., John Deere (Deere & Company), Kubota Corporation, Mahindra & Mahindra Limited, Same Deutz-Fahr Group S.p.A. (SDF), and Valmont Industries Inc.

The Farm Machinery And Equipment market is segmented -
1) By Type: Cultivator, Rotator, Chisel Plow, Harvester, Roller, Field Sprayer And Spreader, Irrigation System, Livestock equipment, Tractors, Other Types

2) By Capacity: Small, Medium, Large

3) By Operation: Manual, Semi-Autonomous, Fully-Autonomous

4) By Application: Spraying, Water Supply And Conservation, Cultivation, Harvesting, Seeding, Weeding, Livestock Farming, Other Applications

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Farm Machinery And Equipment market.

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The farm machinery and equipment refer to equipment engaged in manufacturing agricultural and farm machinery and equipment, and other turfs and grounds care equipment, including planting, harvesting, and grass mowing equipment (except lawn and garden-type).

The Table Of Content For The Farm Machinery And Equipment Market Include:
1. Executive Summary
2. Farm Machinery And Equipment Market Characteristics
3. Farm Machinery And Equipment Market Trends And Strategies
4. Farm Machinery And Equipment Market - Macro Economic Scenario
5. Farm Machinery And Equipment Market Size And Growth
……
26. Africa Farm Machinery And Equipment Market
27. Farm Machinery And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Farm Machinery And Equipment Market
29. Farm Machinery And Equipment Market Future Outlook and Potential Analysis
30. Appendix

The "Global Farm Machinery And Equipment Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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