North America Agricultural Implements Market 2025 | Growth Drivers, Key Players & Investment Opportunities

Market Size and Growth

North America Agricultural Implements Market reached US$ 12,179.59 million in 2024 and is expected to reach US$ 16,824.02 million by 2031, growing with a CAGR of 4.2% during the forecast period 2025-2032.

Key Development:

North America: Recent Developments in Agricultural Implements

✅ In November 2025, CNH Industrial showcased its latest intelligent agritech portfolio at its Tech Day, offering autonomous tillage, AI‐powered planters and sprayers, and full machine connectivity across its brands. The innovations aim to increase efficiency and precision in large-scale farming operations.

✅ In October 2025, AGCO Corporation announced a major US‐based investment totaling USD 2 billion aimed at advancing AI, automation, and precision‐implement integration for its farm‐equipment business. The initiative strengthens AGCO's position in smart farming solutions.

✅ In September 2025, New Holland, part of CNH Industrial, won two industry innovation awards for its Corn Header Automation and ForageCamTM implement technologies. The awards recognize advances in harvest and feed-processing machinery for modern agriculture.

✅ In June 2025, CNH introduced an AI‐enabled sprayer implement under its Case IH, New Holland, and Miller brands for North America, combining camera sensing and machine learning to optimize chemical application and reduce input costs. The solution enhances precision agriculture practices across the region.

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Recent Mergers and acquisitions :

North America: Recent M&A Activity in Agricultural Implements

✅ In August 2025, SMA, Inc. acquired Farm‐Fleet Inc., including Canadian Farm Supply and Partsco, expanding SMA's footprint into Eastern Canada and strengthening its parts and equipment distribution network in North America.

✅ In May 2025, Titan Machinery Inc. completed the acquisition of the dealership assets of Farmers Implement & Irrigation in Brookings and Watertown, South Dakota, adding roughly USD 20 million in annual dealer revenues and expanding its New Holland dealership presence.

✅ In April 2025, ASKO Holding completed full ownership of Buhler Industries Inc., a Canada/USA farm and construction machinery manufacturer, acquiring the remaining shares to finalize a two‐phase acquisition strategy started in 2023.

✅ In February 2025, Yamaha Motor Co., Ltd. acquired Robotics Plus, a New Zealand agritech specialist, to form its new U.S.-based arm, Yamaha Agriculture, Inc., targeting autonomous equipment and smart implement solutions for specialty‐crop growers in North America.

Key Players:

=> Deere & Company, Kubota Corporation, KUHN NORTH AMERICA, INC., Mahindra USA, Inc., AGCO Corporation, CNH Industrial America LLC and BUHLER INC.

Growth Drivers:

✅ Precision Agriculture Adoption: Increasing deployment of AI-enabled tractors, GPS-guided planters, and autonomous implements is boosting demand for technologically advanced agricultural machinery.

✅ Government Support & Subsidies: Federal and state incentives for farm modernization, sustainability, and mechanization are driving investments in new implements and smart farming equipment.

✅ Rising Demand for High-Efficiency Farming: Farmers are seeking high-efficiency, labor-saving implements to improve crop yields, optimize input usage, and reduce operational costs.

✅ Integration of Robotics & Automation: The adoption of robotic harvesters, automated sprayers, and intelligent implements is transforming traditional farming operations and stimulating market growth.

✅ Expansion of Sustainable & Specialty Farming: Growth in organic, specialty, and large-scale commercial farming is fueling demand for versatile implements tailored to diverse crop and soil requirements.

✅ M&A and Strategic Partnerships: Recent acquisitions and collaborations among equipment manufacturers are accelerating product innovation, distribution, and market penetration across North America.

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Key Segments:

➥ By Vehicle: Tractor-Mounted Implements, Self-Propelled Implements, Others
➥ By Type: Planting Equipment, Air Seeders, Planters, Seed Drills, Tillage Equipment, Plows, Harrows, Cultivators, Harvesting Equipment, Combines, Headers, Airbars, Storage and Handling, Grain Bins, Aeration Fans, Blowers, Support Equipment, Hitches, Couplings, Accessories
➥ By Technology: Conventional Implements, Precision Farming Equipment, Autonomous Implements
➥ By Crop Type: Grain (Wheat and Canola), Corn & Soy, Others
➥ By Sustainability Analysis: Environmental Analysis, Economic Analysis, Governance Analysis

Regional Analysis for North America Agricultural Implements Market:

⇥ 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)

Benefits of the Report:

Chapter 1: Sets the stage by outlining the report's coverage, summarizing key market segments by region, product type, and application. Presents a snapshot of market sizes, growth potential across segments, and anticipated industry evolution both short and long term.

Chapter 2: Highlights pivotal market insights and uncovers the most significant emerging trends driving change within the industry.

Chapter 3: Offers an in-depth look at the competitive landscape among North America Agricultural Implements producers, including revenue shares, strategic moves, and recent mergers and acquisitions.

Chapter 4: Presents comprehensive profiles of the market's key players, delving into details such as revenue, profit margins, product portfolios, and company milestones.

Chapters 5 & 6: Analyze North America Agricultural Implements revenue at both regional and country levels, providing quantitative breakdowns of market sizes, growth opportunities, and development prospects worldwide.

Chapter 7: Focuses on different market segments by type, examining their individual sizes and potential, guiding readers toward high-impact, untapped market areas.

Chapter 8: Explores segmentation by application, evaluating industry growth potential in various downstream markets and pinpointing promising sectors for expansion.

Chapter 9: Provides a thorough review of the industry's supply chain mapping out both upstream and downstream activities.

Chapter 10: Concludes with a summary of the report's key findings and highlights the most critical takeaways for industry stakeholders.

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FAQ

What is the current size of the North America Agricultural Implements Market?

A: In 2024, the North America Agricultural Implements Market was valued at US$ 12,179.59 million , reflecting its strong industry presence.

Q2: How large is the North America Agricultural Implements Market expected to be by 2031?

A: By 2031, industry forecasts suggest the North America Agricultural Implements Market will grow to around US$ 16,824.02 million , demonstrating significant expansion.

Q3: What is the growth rate of the North America Agricultural Implements Market?

A: The market is projected to expand at a compound annual growth rate (CAGR) of 4.2% during the forecast period from 2025 to 2032.

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