United States Agricultural Machinery Market Set for Rapid Growth and Technological Advancements 2025 | Top key players - AGCO Corp, Kubota Corp, Yanmar Co. Ltd.

Market Size and Forecast:

The Agricultural Machinery Market Size is valued at USD 140 billion in 2020, and it is projected to reach USD 205 billion by 2028, with growth at a CAGR of 7% throughout the forecast period 2024-2031.

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The Agricultural Machinery Market encompasses the production, distribution, and sale of machinery and equipment used in farming activities, including tractors, harvesters, plows, seeders, and irrigation systems. It supports modern agriculture by enhancing productivity, efficiency, and sustainability. The market is driven by technological innovations, mechanization trends, and increasing demand for food, biofuels, and precision farming solutions globally.

Industry Recent Developments:

USA:
In August 2025, the U.S. agricultural tractor market outlook showed significant expected growth from $20.73 billion in 2024 to $32.1 billion by 2033, driven by increasing demand for small, versatile tractors, automation advances, and precision agriculture adoption.

By July 2025, North America's agricultural machinery market was projected to exceed USD 55 billion with growth fueled by precision farming technologies like GPS-guided tractors, autonomous harvesters, solutions for labor shortages, and sustainability-oriented machinery investments.

Japan:
By July 2025, Japan planned to deploy over 20,000 AI-powered agricultural robots to address labor shortages and boost farm productivity through automation and smart farming solutions.

In mid-2025, Kubota revealed its new electric autonomous agricultural machine emphasizing sustainability, AI integration, and advanced farming technologies to cope with the aging rural population and promote mechanization.

Europe:
As of September 2025, Europe's agricultural machinery market continued steady growth driven by the adoption of precision farming, mechanization, automation, and government subsidies accelerating mechanization efforts.

In August 2025, precision agriculture trends influenced machinery with integration of GPS, IoT, and data analytics; manufacturers focus on smart machinery development for real-time data operations to support sustainability and effective farm management.

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Major Key Players:

AGCO Corp
CNH Industrial N.V.
Deere & Co. (John Deere)
Kubota Corp
Yanmar Co. Ltd
The Toro Company
Jain Irrigation Systems Limited
Bucher Industries
Mahindra and Mahindra
Lindsay Corp
CLAAS KGaA mbH

Key Growth Drivers:

Growth in Electrification and Sustainable Solutions: Increasing adoption of electric tractors and sustainable farming equipment driven by innovations in battery technology, government grants, and subsidies is transforming the market with a focus on eco-friendly practices.

Shift Toward Precision Agriculture: The increasing use of precision agriculture technologies such as GPS-enabled tractors, autonomous machinery, AI, IoT integration, and data analytics is enhancing productivity, optimizing resource use, and reducing environmental impact.

Growing Investment from Manufacturers: Major agricultural machinery producers are investing heavily in developing advanced technologies like automation, electric machinery, and precision farming solutions to meet evolving market demands and expand presence especially in emerging markets.

Segments Covered in the Agricultural Machinery Market:

By Product: Tractor's machinery, Plowing and Cultivating Machinery, Planting Machinery, Harvesting Machinery, Haying and forage Machinery, Irrigation Machinery, and Others.

By Application: Soil Cultivation, Irrigation, Pest Control, Harvesting, and Others.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Agricultural Machinery market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Agricultural Machinery Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Agricultural Machinery market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Agricultural Machinery Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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People Also Ask:

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