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Agriculture Equipment Market to Grow Worth USD 259.7 Billion by 2033 | Exhibiting CAGR of 4.02%

12-05-2024 10:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Agriculture Equipment Market

Agriculture Equipment Market

IMARC Group's report titledย "๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ฒ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐“๐ฒ๐ฉ๐ž (๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐“๐ซ๐š๐œ๐ญ๐จ๐ซ, ๐‡๐š๐ซ๐ฏ๐ž๐ฌ๐ญ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ, ๐ˆ๐ซ๐ซ๐ข๐ ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐‚๐ซ๐จ๐ฉ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ, ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐’๐ฉ๐ซ๐š๐ฒ๐ข๐ง๐  ๐š๐ง๐ ๐‡๐š๐ง๐๐ฅ๐ข๐ง๐  ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ, ๐’๐จ๐ข๐ฅ ๐๐ซ๐ž๐ฉ๐š๐ซ๐š๐ญ๐ข๐จ๐ง ๐š๐ง๐ ๐‚๐ฎ๐ฅ๐ญ๐ข๐ฏ๐š๐ญ๐ข๐จ๐ง ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ, ๐š๐ง๐ ๐Ž๐ญ๐ก๐ž๐ซ๐ฌ), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง (๐‹๐š๐ง๐ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ, ๐“๐ก๐ซ๐ž๐ฌ๐ก๐ข๐ง๐  ๐š๐ง๐ ๐‡๐š๐ซ๐ฏ๐ž๐ฌ๐ญ๐ข๐ง๐ , ๐๐ฅ๐š๐ง๐ญ ๐๐ซ๐จ๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง, ๐€๐Ÿ๐ญ๐ž๐ซ ๐€๐ ๐ซ๐จ ๐๐ซ๐จ๐œ๐ž๐ฌ๐ฌ๐ข๐ง๐ ), ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ (๐Ž๐ซ๐ข๐ ๐ข๐ง๐š๐ฅ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ (๐Ž๐„๐Œ), ๐€๐Ÿ๐ญ๐ž๐ซ๐ฆ๐š๐ซ๐ค๐ž๐ญ), ๐š๐ง๐ ๐‘๐ž๐ ๐ข๐จ๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘". The globalย agriculture equipment market sizeย reached USD 181.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 259.7 Billion by 2033, exhibiting a growth rate (CAGR) of 4.02% during 2025-2033.

๐†๐ซ๐š๐› ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐ƒ๐… ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/agriculture-equipment-market/requestsample

๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ ๐€๐Ÿ๐Ÿ๐ž๐œ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ:

Recent technologies like precision farming, automation with the help of IoT devices, have enhanced the usages if agriculture equipment.ย Efficient farming can indeed be achieved and improved through inputs and outputs analysis with the use of GPS and GIS in precision farming..ย A venture of autonomous tractors and drones is restructuring M agricultural work to make its business approach easy and eradicating working force in farm operations.ย As mentioned with regard to the use of IoT the clients are able to observe how the devices that are connected with IoT perform; either through real time results or through the data that is gathered to make necessary decisions or optimize the use of the resources.ย These are not merely technologies that are increasing productivity, but in the processes improving yield and sustainable production โ€ฆthere is need to improve on efficiency of agriculture implements.

โ— ๐’๐ก๐ข๐Ÿ๐ญ ๐“๐จ๐ฐ๐š๐ซ๐๐ฌ ๐‹๐š๐ซ๐ ๐ž-๐’๐œ๐š๐ฅ๐ž ๐…๐š๐ซ๐ฆ๐ข๐ง๐ :

The need for increasingly larger and more efficient machinery that eats up a larger area, with precision, and less human intervention is new possibilities introduced to grow the market.ย Large tracts place enormous calls for equipment that have to be as efficient and productive as possible - all of which relies heavily on the enhanced efficacy of tractors, harvesters and planting machines etc.ย We have also seen the farm sizes increasing because farmers hope to realize efficiency at a larger level, based on cost cutting and more production.ย Besides, the rise in demand for the capacities and performance of the agricultural equipment that is used in the mechanized large-scale farming is boosting the market demand, as these tools are crucial for large scale business.

โ— ๐„๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐’๐ฎ๐ฌ๐ญ๐š๐ข๐ง๐š๐›๐ข๐ฅ๐ข๐ญ๐ฒ ๐‚๐จ๐ง๐œ๐ž๐ซ๐ง๐ฌ:

To some extent, increasing market fluctuations are pouring cold water on the trend, but rising environmental consciousness is certainly strengthening the part. A transition may be observed in the utilisation of farming equipment from practises that release these emissions and other chemicals to those that mitigate their release. Industry is meeting the challenge by develop tools that enhance fuel economy, reduce emission of green house gases, and promote use of renewable energy sources. Nowadays, farming devices include sophisticated technologic applications. All these technologies assist farmers to apply fertilizers and pesticides in appropriate proportions, hence reducing on the environmental effects. They are to satisfy the sustainability requirement and transition toward less polluting farming.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=6344&method=502

๐‹๐ž๐š๐๐ข๐ง๐  ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐Ž๐ฉ๐ž๐ซ๐š๐ญ๐ข๐ง๐  ๐ข๐ง ๐ญ๐ก๐ž ๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ:

โ— AGCO Corporation
โ— Agromaster Agricultural Machinery
โ— Argo Tractors S.p.A.
โ— Bellota Agrisolutions
โ— China National Machinery Industry Corporation
โ— CLAAS KGaA mbH
โ— CNH Industrial N.V.
โ— Deere & Company
โ— Escorts Limited
โ— Iseki & Co. Ltd.
โ— JC Bamford Excavators Ltd.
โ— Kubota Corporation
โ— Mahindra & Mahindra Limited and SDF Group.

๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐“๐ฒ๐ฉ๐ž:

โ— Agriculture Tractor
โ— Harvesting Equipment
โ— Irrigation and Crop Processing Equipment
โ— Agriculture Spraying and Handling Equipment
โ— Soil Preparation and Cultivation Equipment
โ— Others

Agriculture tractor exhibits a clear dominance in the market attributed to its indispensable role in a wide range of farming tasks, such as plowing, tilling, planting, and harvesting.

๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

โ— Land Development
โ— Threshing and Harvesting
โ— Plant Protection
โ— After Agro Processing

Land development holds the biggest market share, as it is a fundamental agricultural activity that involves soil preparation, ensuring optimal conditions for crop growth, and influencing overall farm productivity.

๐๐ฒ ๐’๐š๐ฅ๐ž๐ฌ ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

โ— Original Equipment Manufacturers (OEM)
โ— Aftermarket

Original equipment manufacturers (OEM) represent the largest segment owing to the reliable, high-quality, and technologically advanced equipment they offer.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

Asia Pacific dominates the market due to the increasing adoption of mechanized farming techniques to enhance yield.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=6344&flag=C

๐†๐ฅ๐จ๐›๐š๐ฅ ๐€๐ ๐ซ๐ข๐œ๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The growing use of robotics and artificial intelligence (AI) has led to solutions that range from autonomous tractors and drones to robotic harvesters, all designed to increase efficiency, precision, and productivity while reducing human labor. These technologies are able to perform complex tasks with remarkable accuracy and consistency, including seeding and harvesting.

Furthermore, the rise of agri-tech startups and their collaborations with established industry players are accelerating the pace of technological advancement. The growing emphasis on connectivity and integration of data analytics with agricultural equipment includes advanced sensors and IoT capabilities that enable real-time monitoring, predictive maintenance, and data-driven decision making.

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐’

IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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Durable Medical Equipment Market Size, Durable Medical Equipment Market Share, D โ€ฆ
According to a new study published by Polaris Market Research the Global Durable Medical Equipment (DME) market is anticipated to reach USD 246.6 billion by 2026. Request for Sample of This Research Report @ https://bit.ly/2PNhMF7 Top Key Players:- Stryker Corporation Medtronic plc Baxter International Medline Industries Becton Dickinson and Company Sunrise Medical (US) LLC Durable Medical Equipment (DME) is provides beneficial benefits to a patient in need because of certain illnesses or/ and medical conditions. The durable medical equipmentโ€ฆ