Farm Equipment Rental Market Size, Share, and Trends 2025 to 2034

The global farm equipment rental market is projected to grow from USD 60.78 billion in 2025 to approximately USD 105.51 billion by 2034, registering a CAGR of 6.32%. This growth is fueled by rising mechanization in agriculture, cost-effective access to high-end equipment for small and mid-scale farmers, the evolution of Farming-as-a-Service (FaaS), and increasing AI and IoT integration for smart farming solutions.

Last Updated : August 2025  |  Report Code : 5038  |  Category : Agriculture  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

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 Farm Equipment Rental Market 

5.1. COVID-19 Landscape: Farm Equipment Rental 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 Farm Equipment Rental Market, By Equipment

8.1. Farm Equipment Rental Market, by Equipment

8.1.1 Tractors

8.1.1.1. Market Revenue and Forecast

8.1.2. Harvesters

8.1.2.1. Market Revenue and Forecast

8.1.3. Balers

8.1.3.1. Market Revenue and Forecast

8.1.4. Sprayers

8.1.4.1. Market Revenue and Forecast

8.1.5. Others

8.1.5.1. Market Revenue and Forecast

Chapter 9. Global Farm Equipment Rental Market, By Power Output

9.1. Farm Equipment Rental Market, by Power Output

9.1.1. Less than 40 HP

9.1.1.1. Market Revenue and Forecast

9.1.2. 41 HP to 100 HP

9.1.2.1. Market Revenue and Forecast

9.1.3. More than 100 HP

9.1.3.1. Market Revenue and Forecast

Chapter 10. Global Farm Equipment Rental Market, By Drive Type 

10.1. Farm Equipment Rental Market, by Drive Type

10.1.1. Two-wheel Drive

10.1.1.1. Market Revenue and Forecast

10.1.2. Four-wheel Drive

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Farm Equipment Rental Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Equipment

11.1.2. Market Revenue and Forecast, by Power Output

11.1.3. Market Revenue and Forecast, by Drive Type

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Equipment

11.1.4.2. Market Revenue and Forecast, by Power Output

11.1.4.3. Market Revenue and Forecast, by Drive Type

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Equipment

11.1.5.2. Market Revenue and Forecast, by Power Output

11.1.5.3. Market Revenue and Forecast, by Drive Type

11.2. Europe

11.2.1. Market Revenue and Forecast, by Equipment

11.2.2. Market Revenue and Forecast, by Power Output

11.2.3. Market Revenue and Forecast, by Drive Type

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Equipment

11.2.4.2. Market Revenue and Forecast, by Power Output

11.2.4.3. Market Revenue and Forecast, by Drive Type

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Equipment

11.2.5.2. Market Revenue and Forecast, by Power Output

11.2.5.3. Market Revenue and Forecast, by Drive Type

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Equipment

11.2.6.2. Market Revenue and Forecast, by Power Output

11.2.6.3. Market Revenue and Forecast, by Drive Type

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Equipment

11.2.7.2. Market Revenue and Forecast, by Power Output

11.2.7.3. Market Revenue and Forecast, by Drive Type

11.3. APAC

11.3.1. Market Revenue and Forecast, by Equipment

11.3.2. Market Revenue and Forecast, by Power Output

11.3.3. Market Revenue and Forecast, by Drive Type

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Equipment

11.3.4.2. Market Revenue and Forecast, by Power Output

11.3.4.3. Market Revenue and Forecast, by Drive Type

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Equipment

11.3.5.2. Market Revenue and Forecast, by Power Output

11.3.5.3. Market Revenue and Forecast, by Drive Type

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Equipment

11.3.6.2. Market Revenue and Forecast, by Power Output

11.3.6.3. Market Revenue and Forecast, by Drive Type

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Equipment

11.3.7.2. Market Revenue and Forecast, by Power Output

11.3.7.3. Market Revenue and Forecast, by Drive Type

11.4. MEA

11.4.1. Market Revenue and Forecast, by Equipment

11.4.2. Market Revenue and Forecast, by Power Output

11.4.3. Market Revenue and Forecast, by Drive Type

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Equipment

11.4.4.2. Market Revenue and Forecast, by Power Output

11.4.4.3. Market Revenue and Forecast, by Drive Type

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Equipment

11.4.5.2. Market Revenue and Forecast, by Power Output

11.4.5.3. Market Revenue and Forecast, by Drive Type

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Equipment

11.4.6.2. Market Revenue and Forecast, by Power Output

11.4.6.3. Market Revenue and Forecast, by Drive Type

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Equipment

11.4.7.2. Market Revenue and Forecast, by Power Output

11.4.7.3. Market Revenue and Forecast, by Drive Type

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Equipment

11.5.2. Market Revenue and Forecast, by Power Output

11.5.3. Market Revenue and Forecast, by Drive Type

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Equipment

11.5.4.2. Market Revenue and Forecast, by Power Output

11.5.4.3. Market Revenue and Forecast, by Drive Type

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Equipment

11.5.5.2. Market Revenue and Forecast, by Power Output

11.5.5.3. Market Revenue and Forecast, by Drive Type

Chapter 12. Company Profiles

12.1. Deere & Company

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. CNH Industrial

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. AGCO Corporation

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Kubota Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Mahindra & Mahindra

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Flaman Group of Companies

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Pacific AG Rentals LLC

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Messick's

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. CLAAS KGaA mbH

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. The Papé Group, Inc

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global farm equipment rental market size is expected to increase USD 105.51 billion by 2034 from USD 57.17 billion in 2024.

The farm equipment rental market is anticipated to grow at a CAGR of over 6.32% between 2025 and 2034.

The major players operating in the farm equipment rental market are Deere & Company, CNH Industrial, AGCO Corporation, Kubota Corporation, Mahindra & Mahindra, Flaman Group of Companies, Pacific AG Rentals LLC, Messick's, CLAAS KGaA mbH, The Papé Group. Inc, and Others.

The driving factors of the farm equipment rental market are the evolution of farming as a service and the increasing need for mechanization for agriculture tasks instead of manual help.

Asia Pacific region will lead the global farm equipment rental market during the forecast period 2025 to 2034.

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