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Agriculture And Farm Equipment Or Machinery Market Size 2023 - Global Industry Sales, Revenue, Price Trends And Forecast To 2032| Deere & Company, AGCO Corporation, Mahindra & Mahindra Ltd., Kubota Corporation

Agriculture And Farm Equipment/Machinery Market

Agriculture And Farm Equipment/Machinery Market

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

Agriculture And Farm Equipment Or Machinery Market Size, Growth Rate, And Forecast
The global agriculture and farm equipment/machinery market size is expected to grow from $164.48 billion in 2022 to $172.88 billion in 2023 at a compound annual growth rate (CAGR) of 5.10%. 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 agriculture and farm equipment/machinery market size is expected to grow to $216.16 billion in 2027 at a CAGR of 5.74%.

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Agriculture And Farm Equipment Or Machinery Market Drivers
A rapidly growing population is driving the growth of the agriculture and farm equipment/machinery market going forward. Population growth refers to the increase in the number of people at a particular place during a given period. The mechanization of farms increases their productivity. The rising population will cause an increase in the demand for food, therefore to meet this increased food demand and feed the growing population increasing the mechanization of agriculture will become crucial thereby driving the agriculture and farm equipment/machinery market.

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Agriculture And Farm Equipment Or Machinery Market Segments
1) By Product Type: Tractors, Rotavators, Threshers And Dehuskers, Power Tillers, Power Weeder, Plough, Baler, Seed Drill
2) By Ownership: Individual, Rental
3) By Application: Land Development And Seed Bed Preparation, Sowing And Planting, Plant Protection, Harvesting And Threshing, Post-Harvest And Agro-Processing

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

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Agriculture And Farm Equipment Or Machinery Market Key Players
Major competitors in the Agriculture And Farm Equipment Or Machinery market include Deere & Company, AGCO Corporation, Mahindra & Mahindra Ltd., Kubota Corporation, CNH Industrial N.V., Escorts Agri Machinery, AGROSTROJ Pelhrimov a.s., China National Machinery Industry Corporation

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

The Business Research Company's "Global Agriculture And Farm Equipment Or Machinery Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

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