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
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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
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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.