Agriculture Equipment Market is Anticipated To Register A Positive CAGR Of 4% In The Forecast Period 2022-2032

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With a multi-disciplinary approach, Fact.MR elaborates an extensive analysis of the historical, current and future outlook of the global Agriculture Equipment Market as well as the factors responsible for such a growth. Our highly dedicated professionals have inputted critical and accurate insights associated with every industry, and region by doing thorough primary and secondary research.

We leverage space-age industrial and digitalization tools to provide avant-garde actionable insights to our clients regarding the Agriculture Equipment Market. For enhancing readers’ experience, the report starts with a basic overview about the Agriculture Equipment Market and its classification.

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Key Market Segments in Agriculture Equipment Industry Research

  • By Product Outlook

    • Agriculture Tractors
    • Agriculture Harvesters
    • Agriculture Planting Equipment
      • Row Crop Planters
      • Air Seeders
      • Grain Drills
      • Others
    • Irrigation & Crop Processing Equipment
    • Agriculture Spraying Equipment
    • Hay & Forage Equipment
    • Other Agriculture Equipment
  • By Application

    • Agriculture Equipment for Land Development & Seed Bed Preparation
    • Agriculture Equipment for Sowing & Planting
    • Agriculture Equipment for Weed Cultivation
    • Agriculture Equipment for Plant Protection
    • Agriculture Equipment for Harvesting & Threshing
    • Agriculture Equipment for Post-Harvest & Agro-Processing

Competitive Landscape

The competitive landscape of the agriculture equipment market is shaped by product innovation and strategic mergers & acquisitions. Front Runners are emphasizing capacity enhancements and global footprint expansion to leverage lucrative prospects in developing economies.

  • In May 2021, CLAAS KGaAmbH acquired a minority stake in Dutch start-up AgXeed B.V. The acquisition was intended for the development and commercialization of autonomous agriculture machines.
  • In August 2021, John Deere introduced the new 6155MH Tractor, which delivers reliability and all the field-proven performance like the M series, envisaging the company to attract a new customer base.