농기구 시장 : 동력, 유형, 기능, 트랙터 구동 유형, 임업 기계, 전기 트랙터, 유형, 추진, 렌탈, 지역별 - 세계 예측(-2032년)
Farm Equipment Market by Power (<30, 31-70, 71-130, 131-250, >250HP), Type (Tractors, Balers, Sprayers, Harvesters), Function, Tractor Drive Type, Forestry Machinery, Electric Tractor, Type & Propulsion, Rental, & Region - Global Forecast to 2032
상품코드:1686700
리서치사:MarketsandMarkets
발행일:2025년 03월
페이지 정보:영문 456 Pages
라이선스 & 가격 (부가세 별도)
ㅁ Add-on 가능: 고객의 요청에 따라 일정한 범위 내에서 Customization이 가능합니다. 자세한 사항은 문의해 주시기 바랍니다.
한글목차
농기구 시장 규모는 2025년 399억 5,000만 달러에 달할 것으로 추정됩니다. 예측 기간 동안 CAGR 4.1%를 나타낼 것으로 전망되고 2032년에는 527억 9,000만 달러로 성장할 것으로 예상됩니다.
조사 범위
조사 대상 연도
2021-2032년
기준 연도
2024년
예측 기간
2025-2032년
단위
수량(유닛)·금액(100만 달러)
부문별
출력, 구동 유형, 농기구 시장, 렌탈 시장, 장비 유형별, 임업 기계 시장, 구현, 전기 트랙터 시장, 추진별, 지역별
대상 지역
아시아, 오세아니아, 유럽, 북미, 기타 지역
농기구 시장은 2022년부터 2024년에 걸쳐 규모가 감소했고, 2026-2027년까지 그 동향이 계속될 것으로 예측되고 있습니다. 미국 농무부(USDA)가 최근 발표한 보고서에 따르면, 농기구 시장은 2024년 순농가 소득은 1,550억 달러에서 1,160억 달러로 25% 하락했으며, 농가는 새로운 기계에 대한 투자를 주저했습니다. 또한 운영비용 상승과 상품가격 하락이 농가 예산을 압박해 미국의 트랙터 판매대수는 매월 15-20% 감소하고 있습니다. 많은 농부들이 이러한 경제적 제약으로 인해 구매를 늦추고 있기 때문에 중고 기계 시장도 어려움을 겪고 있습니다. 상품 가격 하락, 경영 비용 상승, 농가 소득 감소로 유럽과 아시아에서도 비슷한 동향과 과제가 계속되고 있습니다. 예를 들어 유럽의 트랙터 시장에서는 2024년 초에 판매량이 11.4% 감소했고 인도 트랙터 판매량도 8.7% 감소했습니다. 이 동향은 2-3년은 계속될 가능성이 있습니다만, 그 후, 장래적으로 세계의 농기구 시장은 크게 성장할 것으로 예측되고 있습니다.
"기능별로는 파종·심기 부문이 가장 급성장할 전망"
아시아·오세아니아 지역은 파종·심기 장비에서 가장 급성장하고 있는 지역으로, 인구가 많은 인도와 중국이 최대 수요를 가지고 있습니다. 이 부문은 예측 기간 동안 50%의 성장이 예상됩니다.
북미는 파종·심기 부문에서 2번째로 큰 시장입니다. 이 지역에서는 농가가 이용할 수 있는 농지가 광대하기 때문에 농업에 있어서의 대규모 기계화가 필요하고 정밀 농업 기술로 향하는 경향이 강해져 시장이 확대되고 있습니다.
본 보고서에서는 세계의 농기구 시장을 조사했으며, 시장 개요, 시장 성장 영향요인 분석, 기술·특허 동향, 법규제 환경, 사례연구, 시장 규모 추이와 예측, 각종 구분·지역/주요 국가별 상세 분석, 경쟁 구도, 주요기업 프로파일 등을 정리했습니다.
목차
제1장 서론
제2장 조사 방법
제3장 주요 요약
제4장 중요 인사이트
제5장 시장 개요
시장 역학
성장 촉진요인
성장 억제요인
기회
과제
무역 분석
고객의 사업에 영향을 주는 동향/혁신
가격 분석
사례 연구 분석
시장 생태계
투자와 자금조달 시나리오
특허 분석
공급망 분석
농기구 시장의 에코시스템
규제 상황
가격 분석
기술 분석
주요 회의 및 이벤트
주요 이해관계자와 구매 기준
총 소유비용 : 농기구시장
주요 기업에 의한 OEM의 미래 투자
OEM 분석
주요 OEM 트랙터 모델의 가격대
제6장 OEM 트랙터 및 콤바인 수확기 판매 : 국가별(2022-2024년)
유럽
영국
독일
이탈리아
프랑스
스페인
터키
아시아태평양
인도
콤바인 수확기 판매 대수(국가별·OEM별)
아시아태평양
유럽
제7장 농기구 시장 : 기능별
쟁기질 및 경작
파종 및 심기
식물 보호 및 비료
수확 및 탈곡
기타 기능
업계 인사이트
제8장 전기 트랙터 시장 : 추진별
배터리 전기
하이브리드 전기
수소
주요 인사이트
제9장 농기구 렌탈 시장 : 기계 유형별
트랙터
콤바인
스프레이어
베일러
기타
업계 인사이트
제10장 농업용 트랙터 렌탈 시장 : 동력별
30hp 미만
31-70hp
71-130hp
131-250hp
250hp초
업계 인사이트
제11장 농업용 트랙터 시장 : 구동 유형별
이륜 구동
사륜 구동
업계 인사이트
제12장 농기구 시장 : 장비 유형별
곡물 콤바인
비곡물 콤바인
베일러
자주식 스프레이어
트랙터 장착형 스프레이어
업계 인사이트
제13장 농업용 트랙터 시장 : 동력별
30hp 미만
31-70hp
71-130hp
131-250hp
250hp 초과
업계 인사이트
제14장 임업 기계 시장 : 장비 유형별
펠러 번처
수확기
포워더
로더
스키더
스윙 머신
기타
업계 인사이트
제15장 농업용 트랙터 시장 : 지역별
아시아&오세아니아
거시경제 전망
호주
중국
인도
일본
한국
기타
유럽
거시경제 전망
프랑스
독일
이탈리아
폴란드
러시아
스페인
터키
영국
기타
북미
거시경제 전망
캐나다
멕시코
미국
기타 지역
거시경제 전망
아르헨티나
브라질
기타
업계 인사이트
제16장 경쟁 구도
개요
주요 진입기업의 전략/강점
수익 분석
시장 점유율 분석
농기구 시장 전망 : 국가별
기업이치평가
재무지표(2024년)
브랜드/제품 비교
기업 평가 매트릭스 : 주요 기업
기업 평가 매트릭스: 스타트업/중소기업
경쟁 시나리오
제17장 기업 프로파일
주요 기업
DEERE & COMPANY
CNH INDUSTRIAL NV
MAHINDRA&MAHINDRA LTD.
AGCO CORPORATION
KUBOTA CORPORATION
CLAAS KGAA MBH
ISEKI & CO., LTD.
ESCORTS KUBOTA LIMITED
SDF GROUP
YANMAR HOLDINGS CO., LTD.
기타 기업
JCB(JOSEPH CYRIL BAMFORD EXCAVATORS LTD.)
TRACTORS AND FARM EQUIPMENT LIMITED
SONALIKA
TYM CORPORATION
DAEDONG CORPORATION
EXEL INDUSTRIES LTD.
BUCHER INDUSTRIES AG
ZETOR TRACTORS AS
ARGO TRACTORS SPA
CONCERN TRACTOR PLANTS
AMAZONEN-WERKE H. DREYER SE & CO. KG
ALAMO GROUP INC.
BUHLER INDUSTRIES INC.
AUTONOMOUS TRACTOR CORPORATION
CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.
CHINA NATIONAL MACHINERY INDUSTRY CORPORATION(SINOMACH)
The farm equipment market is projected to grow from USD 39.95 Billion in 2025 to USD 52.79 Billion by 2032, registering a CAGR of 4.1%.
Scope of the Report
Years Considered for the Study
2021-2032
Base Year
2024
Forecast Period
2025-2032
Units Considered
Volume (Units) and Value (USD Million)
Segments
Power output, drive type, farm equipment market, rental market, by equipment type, forestry machinery market, by equipment type, by Implement, by equipment type, rental market, by power output, electric tractor market, by propulsion, and by region
Regions covered
Asia Oceania, Europe, North America, and the Rest of the World
The farm equipment market has declined from 2022 to 2024 and is expected to continue its trend till ~2026-2027. According to a recent report published by the United States Department of Agriculture (USDA), the farm equipment market is primarily driven by a projected 25% drop in net farm income for 2024, falling from USD 155 billion to USD 116 billion, which has made farmers hesitant to invest in new machinery. Additionally, high operational costs and declining commodity prices have pressured farmers' budgets, leading to a 15-20% decrease in monthly US tractor sales. The used equipment market also suffers as many farmers postpone purchases due to these financial constraints. Similar trends and challenges have been followed in Europe and Asia due to declining commodity prices, high operational costs, and reduced farm incomes. For instance, the European tractor market saw an 11.4% decline in sales in early 2024, while India's tractor sales also faced a downturn of 8.7%. However, this trend might continue for 2-3 years, and in the future, the global agricultural equipment market is projected to grow significantly.
"The sowing and planting segment is estimated to be the fastest growing by function"
Asia Oceania region is the fastest growing market for sowing and planting equipment in which India and China has the largest demand for this equipment due to large population in this region. This segment is expected to grow by 50% during the forecast period. In Asia Oceania region, the sowing and planting equipment are usually offered for tractor-mounted seed drills, rice transplanters, power tiller operated till-plant machines, animal-drawn planters, raised bed planters, inclined plate planters, and specialized planters for crops like sugarcane. Also, the due to increase in demand for food globally. The OEM in this region offers semi-automatic and automatic planting machines with all the technological advancements in the agricultural sector. Some popular models offered by the key players in Asia Oceania are Deere & Company (GreenSystem Super Seederm, GreenSystem Seed Cum Fertilizer Drill, GreenSystem Multi-Crop Vacuum Planter), and KUHN (MAXIMA 3, PLANTER 3, COMBILINER INTEGRA), and New Holland (PP400 Pneumatic Planter) etc.
North America is the second largest market for the sowing & planting due to the vast amount of farmland available with farmers, which necessitates large-scale mechanization in agriculture, coupled with a growing trend towards precision farming technologies. Some OEMs offer advanced technology for precision technology. For instance, WINTERSTEIGER (US) offers from North America offer GPS Geo Link and MiniGIS 2 for accurate seed placement and flexible operation and Fendt Xaver Sowing Robots: Introduce robotic precision in sowing, offering smart farming solutions with autonomous capabilities. Hence the increase in demand for precision and mechanization in sowing & planting is driving the market in North America.
"The skidders segment is estimated to be the fastest growing forest machinery market."
Skidder demand is high in the forest equipment market because they play an essential role in the logging process, efficiently transporting felled trees from the cutting site to a landing area, making them a necessary piece of machinery for any large-scale timber harvesting operation; this high demand is driven by the ongoing need for lumber and the complex terrain of most forests, requiring robust and adaptable skidders to navigate and maximize productivity.
North America holds the highest market share for skidders, particularly in the US and Canada. This demand is driven by the extensive forestry operations in the US and some key models like 640L-II, 648L-II, 748L-II, 768L-II, 848L-II, and 948L-II from Deere & Company and Komatsu 855.1, Komatsu 895, Komatsu XT445L-5, and Komatsu X370E are the highest selling product.
The demand for skidders in Europe and Asia Oceania is low compared to North America. In Asia Oceania, countries like Indonesia, Malaysia, and Australia have active logging operations that use grapple skidders or adapted machinery rather than traditional wheeled skidders. In contrast, in Europe, the demand for skidders is low, as most logging operations are done with the help of forwarders and harvesters due to the region's well-structured and sustainable forestry practices. Hence, these factors drive the skidders market faster during the forecast period.
"Battery Electric Tractors, by alternative fuel would lead the future of the tractor industry."
Electric farm tractors are majorly used in a variety of tasks, including crop maintenance, livestock care, vineyards, cattle farming, dairy industry, and data-driven farming. They are also used in power tools and machinery in remote areas. Europe holds the major market for electric tractors as European union have imposed strict emission regulation and sustainability goals till 2030 for electrification. In particular "Farm to Fork" strategy was implemented in 2020 which was a part of green deal in Europe to reduce the greenhouse gas emission from agriculture by 50% till 2030. In Europe 51-100 kWh battery are used in small to medium sized farming, whereas >100 kWh battery is used in large size farming. The major players in Europe for electric tractors are Kubota Corporation, Solectrac, AGCO Corporation, CNH Industrial, and Monarch tractors. Companies like Kubota Corporation also offers lower HP tractor in Europe of 26 HP which are usually used in tasks like mowing and hauling.
North America is the second largest market for electric tractors, due to stringent emission set by the governing bodies. For instance, California's ambitious climate objectives have significantly accelerated the US adoption of battery electric tractors (BETs). These tractors are mostly used in vineyard farming, cattle farming, and dairy industry in US. Also, the government is promoting the scrappage policy, facilitated through the "California CORE" voucher program, which offers substantial financial incentives for farmers to transition to electric tractors. This voucher's range for electric tractors ranges from USD 16,147 for the e25G Gear model to USD 28,000 for the eUT+ Narrow model. In Asia Oceania, the demand for electric tractor is less which will increase in future.
"Europe is projected to be the second-largest regional market."
The European tractor market declined in the sales of tractors by nearly 18% in FY 2024 compared to FY 2023. Rising interest rates influenced this lowering of tractor registration due to the European Central Bank's monetary policy, which made it more difficult for farmers to secure loans for new machinery purchases. Major key countries in Europe noticed a lower sales record. For instance, UK tractor sales declined by ~13% in 2024, France saw a decline of ~16% in 2024, and Germany's unit sales of tractors fell by 3.4% in 2024. According to VDMA report total tractor registrations in Germany observed a decline in sales by 19% year-over-year (YoY) in January 2025, due to economic uncertainty and lower commodity prices.
According to the CEMA and primary insights, the European market is estimated to decline till 2026 and is expected to rise after 2027. As European region is recession impact, it is expected to end in mid of 2025 to FY 2026 and the GDP growth rates is projected to grow by 0.8% to 1.3% in FY 2025. As the economic recovery, it is then expected that the interest rates might come down till end thereby increasing the farmers spending. Additionally, initiatives like the European Green Deal encourage farmers to adopt more efficient and environmentally friendly machinery, further boosting demand in the long term. In Europe, the prices of cereals, particularly wheat, have significantly declined, which has impacted the farmers due to increased imports from Ukraine following the Black Sea shipping route closure, leading to a surplus in the market and lower prices for their crops; other crops experiencing price drops include milk, eggs, and industrial crops like oilseeds and sugar beet exports. This drop in crops prices have affected the farmers spending on new equipment's.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
By Company Type: OEMs - 100%
By Designation: C Levels - 50%, Directors- 30%, Others- 20%
By Region: North America- 30%, Europe - 20%, Asia Oceania- 40%, Rest of the World-10%
The farm equipment market is dominated by global players such as Deere & Company (US), AGCO Corporation (US), CNH Industrial (Netherlands), Kubota Corporation (Japan), CLAAS KGAA (Germany), Mahindra & Mahindra (India), ISEKI & Co., Ltd. (Japan), Escorts Kubota Limited (Idia), SDF Group (Germany), and Yanmar Holdings Co., Ltd (Japan). These companies adopted strategies such as product developments, deals, and others to gain traction in the market.
Research Coverage:
The study segments the farm equipment market and forecasts the market size based on power output (<30 HP, 31-70 HP, 71-130 HP, 131-250 HP, and >250 HP), drive type (two-wheel drive and four-wheel drive), farm equipment market, rental market, by equipment type (tractors, combines, sprayers, balers, others), Forestry Machinery Market, By Implement Type (skidders, forwarders, bunchers, swing machines, harvesters, loaders, and other forestry machinery), by function (plowing & cultivation, sowing & planting, harvesting & threshing, and others), by equipment type (cereal combines, non-cereal, combines, balers, self-propelled sprayers, tractor-mounted sprayers, and tillers), rental market, by power output (<30 HP, 31-70 HP, 71-130 HP, 131-250 HP, >250 HP), electric tractor market, by propulsion (battery electric, hybrid electric, and hydrogen), and region (Asia Oceania, North America, Europe, and the Rest of the World [RoW]). It also covers the competitive landscape and company profiles of the major players in the electric commercial vehicle market ecosystem.
Key Benefits of the Report
The study also includes an in-depth competitive analysis of the key market players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
The report will help market leaders and new entrants with information on the closest approximations of the farm equipment market's revenue numbers and subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers (Government support with farmer loan waivers/credit finance, OEM/sales incentives to support dealer services and rental operations, Contract farming, and Increase in farm mechanization), restraints (Growth of rental market, High equipment cost in emerging economies), opportunities (Growing adoption of precision agriculture, Increasing R&D and adoption of electric tractors), and challenges (Rapidly changing emission norms and mandates) influencing the growth of the farm equipment market.
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the farm equipment market
Market Development: Comprehensive information about lucrative markets - the report analyses the farm equipment market across varied regions.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the farm equipment market
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Deere & Company (US), AGCO Corporation (US), CNH Industrial (Netherlands), Kubota Corporation (Japan), and CLAAS KGAA (Germany), Mahindra & Mahindra (India), ISEKI & Co., Ltd. (Japan), Escorts Kubota Limited (Idia), SDF Group (Germany), and Yanmar Holdings Co., Ltd (Japan) and among others in the farm equipment market.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED
1.3.3 CURRENCY CONSIDERED
1.4 SUMMARY OF CHANGES
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 List of key secondary sources to estimate farm equipment market
2.1.1.2 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Major objectives of primary research
2.1.2.2 List of interviews with experts
2.2 MARKET ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.3 DATA TRIANGULATION
2.4 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
3.1 REPORT SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FARM EQUIPMENT MARKET
4.2 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.3 FARM TRACTOR MARKET, BY DRIVE TYPE
4.4 FARM TRACTOR MARKET, BY POWER OUTPUT
4.5 FARM IMPLEMENTS MARKET, BY FUNCTION
4.6 ELECTRIC TRACTOR MARKET, BY PROPULSION
4.7 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
4.8 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
4.9 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
4.10 FARM EQUIPMENT MARKET, BY REGION
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Government support through farm loan waivers/credit finance
5.2.1.2 OEM/sales incentives to support dealer services and rental operations
5.2.1.3 Contract farming
5.2.1.4 Increase in farm mechanization
5.2.2 RESTRAINTS
5.2.2.1 Growth of rental market
5.2.2.2 High cost of equipment in emerging economies
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of precision farming
5.2.3.2 Increasing R&D and adoption of electric tractors
5.2.4 CHALLENGES
5.2.4.1 Rapidly changing emission norms and mandates
5.3 TRADE ANALYSIS
5.3.1 IMPORT SCENARIO (CODE 843280)
5.3.2 EXPORT SCENARIO (HS CODE 843280)
5.3.3 IMPORT SCENARIO (CODE 843290)
5.3.4 EXPORT SCENARIO (HS CODE 843290)
5.3.5 IMPORT SCENARIO (HS CODE 843210)
5.3.6 EXPORT SCENARIO (HS CODE 843210)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 CASE STUDY ANALYSIS
5.5.1 SOLECTRAC'S SOLUTIONS FOR MUSHROOM FARMS
5.5.2 ELECTRIC TRACTORS FOR SUSTAINABLE AGRICULTURAL PRACTICES BY AGRIMACS INC.
5.5.3 CALIFORNIA GOVERNMENT FOCUSES ON FARMS TO GO GREEN WITH ZERO EMISSIONS
5.5.4 MONARCH TRACTORS SAVE USD 2,600 PER YEAR FOR WENTE VINEYARDS
5.5.5 PACIFIC NORTHWEST ELECTRIC TRACTOR BARRIERS STUDY
5.5.6 CHALLENGES RELATED TO AUTOMATION AND ELECTRIFICATION OF TRACTORS ADDRESSED BY DR. JIANFENG ZHOU
5.6 MARKET ECOSYSTEM
5.7 INVESTMENT AND FUNDING SCENARIO
5.8 PATENT ANALYSIS
5.8.1 INTRODUCTION
5.9 SUPPLY CHAIN ANALYSIS
5.10 FARM EQUIPMENT MARKET ECOSYSTEM
5.11 REGULATORY LANDSCAPE
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.11.2 REGULATORY ANALYSIS FOR FARM EQUIPMENT MARKET
5.11.3 NON-ROAD MOBILE MACHINERY EMISSION (NRMM) REGULATIONS OUTLOOK, 2019-2030
5.11.3.1 North America
5.11.3.1.1 US
5.11.3.2 Europe
5.11.3.3 Asia Oceania
5.11.3.3.1 China
5.11.3.3.2 India
5.12 PRICING ANALYSIS
5.12.1 BY POWER OUTPUT & REGION
5.12.2 AVERAGE SELLING PRICE OF <30HP TRACTORS, BY REGION
5.12.3 AVERAGE SELLING PRICE OF 31-70 HP TRACTORS, BY REGION
5.12.4 AVERAGE SELLING PRICE OF 71-130 HP TRACTORS, BY REGION
5.12.5 AVERAGE SELLING PRICE OF 131-250 HP TRACTORS, BY REGION
5.12.6 AVERAGE SELLING PRICE OF >250 HP TRACTORS, BY REGION
5.12.7 AVERAGE SELLING PRICE OF TRACTOR, BY DRIVE TYPE
5.13 TECHNOLOGY ANALYSIS
5.13.1 KEY TECHNOLOGIES
5.13.1.1 Farm equipment automation
5.13.1.2 Agriculture 5.0
5.13.1.3 Electrification of tractors
5.13.2 COMPLEMENTARY TECHNOLOGIES
5.13.2.1 Future of battery technologies
5.13.2.2 Trends in rental industry
5.13.3 CNG TRACTORS
5.13.4 ADJACENT TECHNOLOGIES
5.13.4.1 Precision farming
5.14 KEY CONFERENCES AND EVENTS, 2025-2026
5.14.1 FARM EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS, 2025-2026
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 CRITICAL STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 TOTAL COST OF OWNERSHIP: FARM EQUIPMENT MARKET
5.16.1 TOTAL COST OF OWNERSHIP FOR ELECTRIC AND DIESEL TRACTORS
5.16.1.1 Diesel tractor
5.16.1.2 Electric tractor
5.16.1.3 Cumulative
5.17 OEM FUTURE INVESTMENTS, BY KEY PLAYER
5.18 OEM ANALYSIS
5.18.1 ELECTRIC/HYBRID TRACTOR BATTERY CAPACITY VS. MOTOR OUTPUT
5.18.2 REGIONAL TREND OF DIESEL TRACTORS, BY DRIVE TYPE, 2024
5.18.3 TRACTOR HORSEPOWER, BY KEY OEM
5.19 PRICE RANGES OF TRACTOR MODELS FROM TOP OEMS
5.19.1 MAHINDRA&MAHINDRA LTD.
5.19.2 DEERE & COMPANY
5.19.3 MASSEY FERGUSON (AGCO CORPORATION)
5.19.4 EICHER TRACTOR (TAFE)
5.19.5 SONALIKA (INTERNATIONAL TRACTORS LIMITED (ITL))
5.19.6 KUBOTA CORPORATION
5.19.7 NEW HOLLAND
5.19.8 CASE IH
6 OEM TRACTOR AND COMBINE HARVESTER SALES, BY COUNTRY 2022 - 2024
6.1 EUROPE
6.1.1 UK
6.1.2 GERMANY
6.1.3 ITALY
6.1.4 FRANCE
6.1.5 SPAIN
6.1.6 TURKEY
6.2 ASIA PACIFIC
6.2.1 INDIA
6.3 OEM-WISE COMBINE HARVESTER SALES, BY COUNTRY, 2023-2024
6.3.1 ASIA PACIFIC
6.3.1.1 India
6.3.2 EUROPE
6.3.2.1 Spain
7 FARM IMPLEMENTS MARKET, BY FUNCTION
7.1 INTRODUCTION
7.2 PLOWING & CULTIVATING
7.2.1 HIGHER YIELDS CATERING TO NEEDS OF GROWING POPULATION TO BOOST MARKET
7.3 SOWING & PLANTING
7.3.1 REDUCTION OF OVERALL COSTS TO PROPEL MARKET
7.4 PLANT PROTECTION AND FERTILIZING
7.4.1 INCREASED CROP PRODUCTION AND ENHANCED FOOD QUALITY TO DRIVE DEMAND
7.5 HARVESTING & THRESHING
7.5.1 MULTIPLE AGRICULTURAL ACTIVITIES IN SINGLE PROCESS TO DRIVE MARKET
7.6 OTHER FUNCTIONS
7.7 INDUSTRY INSIGHTS
8 ELECTRIC TRACTOR MARKET, BY PROPULSION
8.1 INTRODUCTION
8.2 BATTERY ELECTRIC
8.2.1 REDUCTION OF BATTERY MANUFACTURING COSTS TO DRIVE MARKET
8.3 HYBRID ELECTRIC
8.3.1 HIGHER POWER OUTPUT THAN BATTERY ELECTRIC TRACTORS TO DRIVE MARKET
8.4 HYDROGEN
8.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE TO DRIVE MARKET
8.5 PRIMARY INSIGHTS
9 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
9.1 INTRODUCTION
9.2 TRACTORS
9.2.1 INCREASING COLLABORATIONS BETWEEN OEMS AND APPLICATION COMPANIES TO DRIVE MARKET
9.3 COMBINES
9.3.1 DEMAND FOR HIGHER PRODUCTIVITY TO DRIVE MARKET
9.4 SPRAYERS
9.4.1 HIGHER EFFICIENCY IN FARM OPERATIONS TO BOOST DEMAND
9.5 BALERS
9.5.1 INCREASING PREFERENCE FOR ROUND BALERS WITH PRE-CUTTING SYSTEMS TO PROPEL MARKET
9.6 OTHER RENTAL EQUIPMENT TYPES
9.7 INDUSTRY INSIGHTS
10 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
10.1 INTRODUCTION
10.2 <30 HP
10.2.1 DEMAND FOR SMALL-SIZED FARMS TO PROPEL MARKET
10.3 31-70 HP
10.3.1 MODERATE POWER AND EASE OF USE TO FUEL MARKET
10.4 71-130 HP
10.4.1 INCREASING FARM MECHANIZATION RATES TO BOOST DEMAND
10.5 131-250 HP
10.5.1 HIGH DEMAND FOR LARGE-SCALE AGRICULTURE OPERATIONS TO PROPEL MARKET
10.6 >250 HP
10.6.1 INCREASING COMMERCIAL FARMING ACTIVITIES TO DRIVE DEMAND
10.7 INDUSTRY INSIGHTS
11 FARM TRACTOR MARKET, BY DRIVE TYPE
11.1 INTRODUCTION
11.2 TWO-WHEEL DRIVE
11.2.1 SMALLER TURNING CIRCLE, FEWER MECHANICAL PARTS, AND LOWER PRICE TO DRIVE MARKET
11.3 FOUR-WHEEL DRIVE
11.3.1 BETTER TRACTION CONTROL UNDER HARSH CONDITIONS AND QUICKER FARMING TO BOOST MARKET
11.4 INDUSTRY INSIGHTS
12 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
12.1 INTRODUCTION
12.2 CEREAL COMBINES
12.2.1 INCREASING FARM MECHANIZATION TO DRIVE DEMAND
12.3 NON-CEREAL COMBINES
12.3.1 IMPROVED SILAGE QUALITY TO DRIVE DEMAND
12.4 BALERS
12.4.1 MINIMIZED WASTAGE AND INCREASED PRODUCTIVITY TO DRIVE DEMAND
12.5 SELF-PROPELLED SPRAYERS
12.5.1 LARGE-SCALE PRODUCTION TO DRIVE MARKET
12.6 TRACTOR-MOUNTED SPRAYERS
12.6.1 BETTER MANEUVRABILITY TO DRIVE DEMAND FOR SMALL AND MEDIUM-SIZED FARMS
12.7 INDUSTRY INSIGHTS
13 FARM TRACTOR MARKET, BY POWER OUTPUT
13.1 INTRODUCTION
13.2 <30 HP
13.2.1 PRESENCE OF SMALL FARMLANDS IN SEVERAL COUNTRIES TO DRIVE MARKET
13.2.2 OPERATIONAL DATA FOR <30 HP TRACTORS BY OEMS
13.3 31-70 HP
13.3.1 GOVERNMENT SUBSIDIES, LOAN WAIVERS, AND POLICIES TO DRIVE MARKET
13.3.2 OPERATIONAL DATA FOR 30-70 HP TRACTORS BY OEMS
13.4 71-130 HP
13.4.1 NEED FOR TRACTORS WITH HIGHER POWER AND EFFICIENCY IN EXTENSIVE FARMLANDS TO DRIVE MARKET
13.4.2 OPERATIONAL DATA FOR 71-130 HP TRACTORS BY OEMS
13.5 131-250 HP
13.5.1 PRESENCE OF LARGE FARMLANDS IN EUROPE TO DRIVE MARKET
13.5.2 OPERATIONAL DATA FOR 131-250 HP TRACTORS BY OEMS
13.6 >250 HP
13.6.1 GROWING ORGANIZED FARMING ACTIVITIES TO DRIVE MARKET
13.7 INDUSTRY INSIGHTS
14 FORESTRY EQUIPMENT MARKET, BY EQUIPMENT TYPE
14.1 INTRODUCTION
14.2 FELLER BUNCHERS
14.2.1 DEMAND FOR FTL PROCESS IN AMERICAS TO BOOST MARKET
14.3 HARVESTERS
14.3.1 INCREASING PRODUCTIVITY AND MINIMIZING MANUAL LABOR TO BOOST MARKET
14.4 FORWARDERS
14.4.1 EXTRACTION OF WOOD UNDER VARIED DRIVING TERRAIN CONDITIONS TO BOOST MARKET
14.5 LOADERS
14.5.1 INCREASE IN COMMERCIAL CONSTRUCTION ACTIVITIES TO FUEL MARKET
14.6 SKIDDERS
14.6.1 TECHNOLOGICAL ADVANCEMENTS TO BOOST MARKET
14.7 SWING MACHINES
14.7.1 MULTIPLE FUNCTIONALITIES TO DRIVE MARKET
14.8 OTHER FORESTRY MACHINES
14.9 INDUSTRY INSIGHTS
15 FARM TRACTOR MARKET, BY REGION
15.1 INTRODUCTION
15.2 ASIA OCEANIA
15.2.1 MACROECONOMIC OUTLOOK FOR NORTH ASIA OCEANIA
15.2.2 AUSTRALIA
15.2.2.1 Government assistance to farmers to drive market
15.2.3 CHINA
15.2.3.1 Large tractor manufacturing sector and significant demand to boost market
15.2.4 INDIA
15.2.4.1 Rise in farm mechanization to drive market
15.2.5 JAPAN
15.2.5.1 Increasing focus on encouraging agricultural co-operatives to fuel market
15.2.6 SOUTH KOREA
15.2.6.1 Government focus on cultivating young farmers to drive market
15.2.7 REST OF ASIA OCEANIA
15.3 EUROPE
15.3.1 MACROECONOMIC OUTLOOK
15.3.2 FRANCE
15.3.2.1 Labor shortage to propel market
15.3.3 GERMANY
15.3.3.1 Increasing demand for high-powered tractors to drive market
15.3.4 ITALY
15.3.4.1 Increasing demand for precision agriculture to fuel market
15.3.5 POLAND
15.3.5.1 Increasing farm subsidies to drive demand
15.3.6 RUSSIA
15.3.6.1 Small and medium-sized farms to support market growth
15.3.7 SPAIN
15.3.7.1 Shortage of labor and increasing focus on precision agriculture to boost market
15.3.8 TURKEY
15.3.8.1 Larger farm sizes and favorable government policies to fuel market
15.3.9 UK
15.3.9.1 Rising demand for high-powered tractors to drive market
15.3.10 REST OF EUROPE
15.4 NORTH AMERICA
15.4.1 MACROECONOMIC OUTLOOK
15.4.2 CANADA
15.4.2.1 Farm mechanization and government investments in crop production to boost market
15.4.3 MEXICO
15.4.3.1 Government support and presence of OEMs to drive market
15.4.4 US
15.4.4.1 Presence of key players to drive market
15.5 REST OF THE WORLD
15.5.1 MACROECONOMIC OUTLOOK
15.5.2 ARGENTINA
15.5.2.1 Increased focus of key players in manufacturing tractors to propel market
15.5.3 BRAZIL
15.5.3.1 Increasing exports of tractors and presence of agri-tech startups to propel market
15.5.4 OTHERS
15.6 INDUSTRY INSIGHTS
16 COMPETITIVE LANDSCAPE
16.1 OVERVIEW
16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
16.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN FARM EQUIPMENT MARKET
16.3 REVENUE ANALYSIS
16.4 MARKET SHARE ANALYSIS, 2023
16.5 FARM EQUIPMENT MARKET OUTLOOK, BY COUNTRY
16.5.1 INDIA
16.5.1.1 Indian tractor OEM share analysis
16.5.2 US
16.5.2.1 US tractor OEM share analysis
16.6 COMPANY VALUATION
16.7 FINANCIAL METRICS, 2024
16.8 BRAND/PRODUCT COMPARISON
16.9 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
16.9.1 INTRODUCTION
16.9.2 STARS
16.9.3 EMERGING LEADERS
16.9.4 PERVASIVE PLAYERS
16.9.5 PARTICIPANTS
16.9.6 COMPANY FOOTPRINT: KEY PLAYERS, 2024
16.9.6.1 Company footprint
16.9.6.2 Region footprint
16.9.6.3 Propulsion footprint
16.9.6.4 Drive type footprint
16.9.6.5 Equipment type footprint
16.10 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024