Press release
Global Farm Equipment Rental Market Size & Trends
According to a new market research report published by Global Market Estimates, the global farm equipment rental market is projected to grow at a CAGR of 7.6% from 2023 to 2028.The primary factors propelling the market growth are the high cost of agriculture equipment, the increasing use of agricultural equipment rental apps, and the increasing adoption of autonomous farming technologies.
Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Farm Equipment Rental Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/farm-equipment-rental-market-4135
By Equipment Type (Tractors, Harvesters, Sprayers, Balers, and Other Equipment Types), By Power Output (250HP), By Drive (Two-wheel Drive and Four-wheel Drive), and By Region (North America, Asia Pacific, Central and South America, Europe, and the Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the equipment type outlook, the tractors segment is expected to be the largest segment in the global farm equipment rental market from 2023 to 2028
• As per the drive outlook, the four-wheel drive segment is expected to be the largest segment in the global farm equipment rental market from 2023 to 2028
• Asia Pacific region is analyzed to be the fastest-growing region in the market
• North America is expected to hold the largest share in the market during the forecast period of 2023-2028
• John Deere, CNH Industrial, Kubota Corporation, AGCO Corporation, Mahindra & Mahindra, JCB, Tractors and Farm Equipment's Ltd., Pape Group, Premier Equipment Rentals, Flaman Group of Companies, and Pacific Ag Rentals among others, are some of the key players in the global farm equipment rental market
Equipment Type Outlook (Revenue, USD Billion, 2023-2028)
• Tractors
• Harvesters
• Sprayers
• Balers
• Other Equipment Types
Power Output Outlook (Revenue, USD Billion, 2023-2028)
• 250HP
Drive Outlook (Revenue, USD Billion, 2023-2028)
• Two-wheel Drive
• Four-wheel Drive
By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA
Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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