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Agriculture Equipment Market A USD 199.29 Billion Opportunity by 2030

Agriculture Equipment Market

Agriculture Equipment Market

The 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 size was valued at US$ 132.54 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6% through 2024 to 2030, reaching nearly US$ 199.29 Bn.

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Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

Agriculture equipment, such as tractors, harvesters, and cultivators, plays a critical role in enhancing farming efficiency by enabling high crop yields with reduced labor and time. The adoption of automatic and semi-automatic machinery has significantly decreased the reliance on manual labor, lowering associated costs and minimizing operational downtimes. These advancements contribute to improved productivity and precision in farming operations, supporting the growth trajectory of the agriculture equipment market.

๐–๐š๐ง๐ญ ๐ญ๐จ ๐’๐ž๐ž ๐ญ๐ก๐ž ๐“๐ซ๐ž๐ง๐๐ฌ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.maximizemarketresearch.com/request-sample/29261/

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐ข๐ง 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Œ๐š๐ซ๐ค๐ž๐ญ:

The agriculture equipment market is driven by the growing mechanization of farming processes, such as plowing, planting, harvesting, and tilling, which significantly enhances operational efficiency. Farmers are increasingly adopting equipment like tractors and harvesters due to their proven benefits in reducing labor-intensive activities and improving productivity. Additionally, the rising global population necessitates higher food production, which further accelerates the adoption of advanced agricultural technologies to boost cultivation efficiencies. Government initiatives offering subsidies, loans, and education programs to promote the use of agricultural equipment also play a pivotal role in driving market growth. Furthermore, innovations in precision farming and technological advancements in equipment design and functionality continue to support market expansion.

๐Œ๐ž๐ซ๐ ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐€๐œ๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ ๐ข๐ง 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Œ๐š๐ซ๐ค๐ž๐ญ:

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's agriculture sector is undergoing rapid modernization, with increased adoption of mechanized equipment such as tractors and harvesters. Government initiatives, such as subsidies on machinery and training programs for farmers, are driving growth in this region. Additionally, collaborations between global giants like ๐‰๐จ๐ก๐ง ๐ƒ๐ž๐ž๐ซ๐ž and local firms aim to enhance accessibility to advanced machinery.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐“๐จ๐๐š๐ฒ ๐Ÿ๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: https://www.maximizemarketresearch.com/inquiry-before-buying/29261/

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's agriculture equipment market is thriving due to rising investments in mechanization. The government's policies promoting sustainable farming practices and loans for machinery purchases have accelerated the sector's growth. Companies like ๐Š๐ฎ๐›๐จ๐ญ๐š ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง have played a pivotal role in this growth by introducing affordable and efficient solutions tailored to the needs of Thai farmers.

๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's agriculture equipment market has seen significant consolidation, with key players engaging in strategic mergers and acquisitions. For instance, ๐‚๐๐‡ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ partnered with local distributors to strengthen its presence. Additionally, South Korea's emphasis on smart farming technologies, such as IoT-enabled equipment, has boosted demand.

๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐ง๐ข๐ญ๐ž๐ ๐’๐ญ๐š๐ญ๐ž๐ฌ

The United States, one of the largest markets for agriculture equipment, benefits from significant investments in advanced machinery and precision farming technologies. Companies such as ๐‰๐จ๐ก๐ง ๐ƒ๐ž๐ž๐ซ๐ž and ๐€๐†๐‚๐Ž ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง continue to dominate, focusing on R&D and product innovation. The U.S. market also sees high demand for autonomous equipment and data-driven solutions.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's agriculture equipment market is driven by the region's emphasis on sustainable farming and eco-friendly machinery. Countries like Germany and France are key contributors, with leading companies like ๐‚๐ฅ๐š๐š๐ฌ ๐Š๐†๐š๐€ and ๐‚๐๐‡ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ actively launching innovative products. EU policies supporting green agriculture practices further bolster market growth.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ? ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐˜๐จ๐ฎ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: https://www.maximizemarketresearch.com/request-sample/29261/

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

๐‰๐จ๐ก๐ง ๐ƒ๐ž๐ž๐ซ๐ž expanded its product line with advanced AI-integrated tractors, enhancing precision farming.

๐‚๐๐‡ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ข๐š๐ฅ acquired Raven Industries to strengthen its position in the autonomous equipment segment.

๐Š๐ฎ๐›๐จ๐ญ๐š ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง launched eco-friendly harvesters tailored to Asian markets, emphasizing energy efficiency.

The ๐–๐ข๐ซ๐ญ๐ ๐ž๐ง ๐†๐ซ๐จ๐ฎ๐ฉ, a subsidiary of ๐‰๐จ๐ก๐ง ๐ƒ๐ž๐ž๐ซ๐ž, focused on strengthening its distribution network in Southeast Asia.

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ 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Œ๐š๐ซ๐ค๐ž๐ญ:

by Product

Tractors
Combine Harvesters
Rotavators
Power Tillers
Seed Drill
Thresher
Power Weeder
Others

by Application

Land development and seed bed preparation
Sowing and planting
Harvesting and threshing
Weed Inter cultivation
Plant protection
Post-harvest & Agro processing

๐…๐จ๐ซ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐€๐›๐จ๐ฎ๐ญ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐๐ฅ๐ž๐š๐ฌ๐ž ๐•๐ข๐ฌ๐ข๐ญ: https://www.maximizemarketresearch.com/market-report/global-agriculture-equipment-market/29261/

๐–๐ก๐จ ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ง๐ฎ๐Ÿ๐š๐œ๐ญ๐ฎ๐ซ๐ž๐ซ๐ฌ ๐จ๐Ÿ 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ฐ๐จ๐ซ๐ฅ๐๐ฐ๐ข๐๐ž?

1.AGCO Corporation
2. Agrostroj Pelhrimov A.s
3. China National Machinery Industry Corporation
4. Concern Tractor Plants
5. Deere & Company
6. J.C Bamford Excavators limited
7. Escorts Limited, Mahindra Group
8. Same Deutz-Fahr Group
9. JCB Limited
10. Foton Lovol International Heavy Industries Company Ltd
11. Valmont Industries Incorporated
12. Weifang Euroking Machinery
13. Agro Tractors S.p.A.
14. SDF Group
15. The Toro Company
16. Kubota Corporation
17. CLAAS KGaA mbH
18. Mahindra & Mahindra Ltd.
19. Escorts Ltd.
20. Alamo Group Incorporated
21. Netafim Limited
22. Tractors and Farm Equipment Ltd.
23. Yanmar Company Limited
24. WORLD Group Company Limited

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

โ™ฆ Nitrogenous Fertilizers Market https://www.maximizemarketresearch.com/market-report/global-nitrogenous-fertilizers-market/97986/

โ™ฆ Global Humidifier Market https://www.maximizemarketresearch.com/market-report/global-humidifier-market/31813/

โ™ฆ Healthcare Big Data Analytics Market https://www.maximizemarketresearch.com/market-report/healthcare-big-data-analytics-market/185666/

โ™ฆ Cultivated Meat Market https://www.maximizemarketresearch.com/market-report/cultivated-meat-market/152811/

โ™ฆ Global Wave Energy Converter Market https://www.maximizemarketresearch.com/market-report/wave-energy-converter-market/164740/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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