Agriculture and Farm Machinery Market Size, Share, and Trends 2024 to 2034

The global agriculture and farm machinery market size accounted for USD 210.28 billion in 2025 and is predicted to surpass around USD 329.02 billion by 2034, representing a healthy CAGR of 5.10% between 2025 and 2034. The Asia Pacific agriculture and farm machinery market size accounted for USD 90.42 billion in 2025 and is expanding at a CAGR of 5.21% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : May 2025
  • Report Code : 2194
  • Category : Agriculture

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Agriculture and Farm Machinery Market 

5.1. COVID-19 Landscape: Agriculture and Farm Machinery Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Agriculture and Farm Machinery Market, By Equipment Type

8.1. Agriculture and Farm Machinery Market, by Equipment Type

8.1.1. Agricultural tractors

8.1.1.1. Market Revenue and Forecast

8.1.2. Irrigation and crop processing equipment

8.1.2.1. Market Revenue and Forecast

8.1.3. Harvesting equipment

8.1.3.1. Market Revenue and Forecast

8.1.4. Spraying and handling equipment

8.1.4.1. Market Revenue and Forecast

8.1.5. Cultivation and soil preparation equipment

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Agriculture and Farm Machinery Market, By Application

9.1. Agriculture and Farm Machinery Market, by Application

9.1.1. Land development

9.1.1.1. Market Revenue and Forecast

9.1.2. Threshing and harvesting

9.1.2.1. Market Revenue and Forecast

9.1.3. After agro processing

9.1.3.1. Market Revenue and Forecast

9.1.4. plant protection

9.1.4.1. Market Revenue and Forecast

9.1.5. Others

9.1.5.1. Market Revenue and Forecast

Chapter 10. Global Agriculture and Farm Machinery Market, Regional Estimates and Trend Forecast

10.1. North America

10.1.1. Market Revenue and Forecast, by Equipment Type

10.1.2. Market Revenue and Forecast, by Application

10.1.3. U.S.

10.1.3.1. Market Revenue and Forecast, by Equipment Type

10.1.3.2. Market Revenue and Forecast, by Application

10.1.4. Rest of North America

10.1.4.1. Market Revenue and Forecast, by Equipment Type

10.1.4.2. Market Revenue and Forecast, by Application

10.2. Europe

10.2.1. Market Revenue and Forecast, by Equipment Type

10.2.2. Market Revenue and Forecast, by Application

10.2.3. UK

10.2.3.1. Market Revenue and Forecast, by Equipment Type

10.2.3.2. Market Revenue and Forecast, by Application

10.2.4. Germany

10.2.4.1. Market Revenue and Forecast, by Equipment Type

10.2.4.2. Market Revenue and Forecast, by Application

10.2.5. France

10.2.5.1. Market Revenue and Forecast, by Equipment Type

10.2.5.2. Market Revenue and Forecast, by Application

10.2.6. Rest of Europe

10.2.6.1. Market Revenue and Forecast, by Equipment Type

10.2.6.2. Market Revenue and Forecast, by Application

10.3. APAC

10.3.1. Market Revenue and Forecast, by Equipment Type

10.3.2. Market Revenue and Forecast, by Application

10.3.3. India

10.3.3.1. Market Revenue and Forecast, by Equipment Type

10.3.3.2. Market Revenue and Forecast, by Application

10.3.4. China

10.3.4.1. Market Revenue and Forecast, by Equipment Type

10.3.4.2. Market Revenue and Forecast, by Application

10.3.5. Japan

10.3.5.1. Market Revenue and Forecast, by Equipment Type

10.3.5.2. Market Revenue and Forecast, by Application

10.3.6. Rest of APAC

10.3.6.1. Market Revenue and Forecast, by Equipment Type

10.3.6.2. Market Revenue and Forecast, by Application

10.4. MEA

10.4.1. Market Revenue and Forecast, by Equipment Type

10.4.2. Market Revenue and Forecast, by Application

10.4.3. GCC

10.4.3.1. Market Revenue and Forecast, by Equipment Type

10.4.3.2. Market Revenue and Forecast, by Application

10.4.4. North Africa

10.4.4.1. Market Revenue and Forecast, by Equipment Type

10.4.4.2. Market Revenue and Forecast, by Application

10.4.5. South Africa

10.4.5.1. Market Revenue and Forecast, by Equipment Type

10.4.5.2. Market Revenue and Forecast, by Application

10.4.6. Rest of MEA

10.4.6.1. Market Revenue and Forecast, by Equipment Type

10.4.6.2. Market Revenue and Forecast, by Application

10.5. Latin America

10.5.1. Market Revenue and Forecast, by Equipment Type

10.5.2. Market Revenue and Forecast, by Application

10.5.3. Brazil

10.5.3.1. Market Revenue and Forecast, by Equipment Type

10.5.3.2. Market Revenue and Forecast, by Application

10.5.4. Rest of LATAM

10.5.4.1. Market Revenue and Forecast, by Equipment Type

10.5.4.2. Market Revenue and Forecast, by Application

Chapter 11. Company Profiles

11.1. Deere and company

11.1.1. Company Overview

11.1.2. Product Offerings

11.1.3. Financial Performance

11.1.4. Recent Initiatives

11.2. AGCO corporation

11.2.1. Company Overview

11.2.2. Product Offerings

11.2.3. Financial Performance

11.2.4. Recent Initiatives

11.3. Kubota corporation

11.3.1. Company Overview

11.3.2. Product Offerings

11.3.3. Financial Performance

11.3.4. Recent Initiatives

11.4. Mahindra and Mahindra limited

11.4.1. Company Overview

11.4.2. Product Offerings

11.4.3. Financial Performance

11.4.4. Recent Initiatives

11.5. Sonalika group

11.5.1. Company Overview

11.5.2. Product Offerings

11.5.3. Financial Performance

11.5.4. Recent Initiatives

Chapter 12. Research Methodology

12.1. Primary Research

12.2. Secondary Research

12.3. Assumptions

Chapter 13. Appendix

13.1. About Us

13.2. Glossary of Terms

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Frequently Asked Questions

The global agriculture and farm machinery market size was accounted at USD 200.08 billion in 2024 and it is expected to reach around USD 329.02 billion by 2034.

The global agriculture and farm machinery market is poised to grow at a CAGR of 5.10% from 2025 to 2034.

The major players operating in the agriculture and farm machinery market are Deere and company, AGCO corporation, Kubota corporation, Mahindra and Mahindra limited, Sonalika group

Increasing uses of the IoT & AI and increasing the number of initiatives taken by the government and easy financing are driving the growth of the agriculture and farm machinery market.

Asia Pacific region will lead the global agriculture and farm machinery market during the forecast period 2025 to 2034.

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