Key Insights
The North America agricultural equipment market is projected to reach $115.58 billion by 2025, with a Compound Annual Growth Rate (CAGR) of 4.1%. This growth is driven by increasing demand for efficient farming practices, fueled by a growing global population and food security concerns. Technological advancements, particularly in precision agriculture—including GPS-guided machinery, automation, and data analytics—are boosting productivity and yields. Government initiatives supporting sustainable agriculture and farmer adoption of new technologies also contribute significantly.
North America Agricultural Equipment Market Market Size (In Billion)
The market is segmented by equipment type, with 4WD farm tractors, irrigation machinery, harvesting machinery (combines, forage harvesters), and haying and forage equipment being key categories. Tractors represent a substantial market share, underscoring the ongoing importance of mechanization in land preparation and tillage. Leading companies such as Deere & Company, Kubota Corporation, and AGCO Corporation dominate with comprehensive product offerings, extensive distribution networks, and strong brand equity.
North America Agricultural Equipment Market Company Market Share
Conversely, the market faces restraints including commodity price volatility, which can affect farmer investment in new equipment. The high initial costs of advanced technologies, especially precision agriculture solutions, may pose a barrier for smaller farms. Additionally, evolving regulatory requirements concerning emissions and environmental impact necessitate continuous industry innovation.
The market is expected to maintain positive growth throughout the forecast period (2025-2033). Regional variations in market dynamics are anticipated across the United States, Canada, and Mexico, influenced by farm size, agricultural practices, and government policies. The consistent CAGR of 4.1% indicates sustained market momentum.
This report offers a comprehensive analysis of the North America agricultural equipment market from 2019 to 2033, with a specific focus on 2025. It provides detailed insights into market dynamics, segmentation, key players, and future trends, including market size, CAGR, and competitive landscapes.
North America Agricultural Equipment Market Structure & Innovation Trends
The North American agricultural equipment market is characterized by a moderately concentrated structure, with several major players holding significant market share. Deere & Company, AGCO Corporation, CNH Industrial NV, and Kubota Corporation are prominent examples, collectively controlling an estimated xx% of the market in 2025. However, numerous smaller, specialized companies also contribute significantly, particularly in niche segments like irrigation and precision farming technologies.
Market innovation is driven by several factors:
- Technological advancements: Precision farming technologies, automation (like driverless tillage and autonomous harvesting solutions from Raven, Case IH, and New Holland), and data analytics are reshaping the industry, leading to increased efficiency and productivity.
- Regulatory frameworks: Government regulations concerning emissions, safety, and sustainable practices influence equipment design and adoption.
- Product substitutes: While traditional equipment remains dominant, alternative technologies like drones for spraying and AI-powered monitoring systems are emerging as viable substitutes for some tasks.
- End-user demographics: The aging farmer population and the growing demand for efficient, labor-saving technologies are driving innovation.
- M&A activities: Strategic mergers and acquisitions (e.g., AGCO's acquisition of JCA Industries in May 2022 to boost automation capabilities) are consolidating market share and accelerating technological advancements. The total value of M&A deals in the sector between 2019 and 2024 is estimated at xx Million.
North America Agricultural Equipment Market Market Dynamics & Trends
The North American agricultural equipment market exhibits robust growth, driven by several key factors:
The market experienced a CAGR of xx% during the historical period (2019-2024) and is projected to maintain a CAGR of xx% during the forecast period (2025-2033). This growth is fueled by factors such as increasing demand for food and agricultural products, rising farm incomes in certain regions, and the ongoing adoption of advanced technologies to enhance farm productivity. Technological disruptions, particularly the rise of precision agriculture, are transforming farming practices and boosting demand for sophisticated equipment. Consumer preferences are shifting towards sustainable and environmentally friendly technologies, creating opportunities for companies offering such solutions. Competitive dynamics are intense, with established players investing heavily in R&D and expanding their product portfolios to maintain market leadership. Market penetration of advanced technologies like autonomous equipment is gradually increasing, but adoption rates vary across regions and farm sizes.
Dominant Regions & Segments in North America Agricultural Equipment Market
The North American agricultural equipment market is geographically diverse, with significant variations in segment dominance.
Leading Region: The Midwest region of the USA remains the dominant market due to its extensive arable land and high concentration of large-scale farms. Canada also plays a significant role, especially in the western provinces known for grain production and livestock farming.
Dominant Segments:
- 4WD Farm Tractors: This segment holds a substantial share, driven by demand from large-scale farms requiring high-capacity tractors.
- Other Equipment (Irrigation Machinery): The demand for efficient irrigation systems is robust, particularly in drier regions, fostering growth in this segment.
- Harvesting Machinery: This segment sees consistent demand, driven by the need for efficient and timely harvesting across various crops.
- Haying and Forage Machinery: This segment experiences moderate growth, tied to livestock farming and hay production.
- Tractor Type: High horsepower tractors dominate the market due to their ability to handle larger fields and perform multiple tasks.
Key drivers vary across segments but generally include favorable government policies supporting agricultural modernization, strong infrastructure supporting logistics, and the continuous technological enhancements within each category. The dominance of each segment is also heavily influenced by crop patterns, regional climate, and the farm sizes prevalent within each area.
North America Agricultural Equipment Market Product Innovations
Recent product innovations focus heavily on automation, precision, and sustainability. Companies are introducing driverless tractors, autonomous sprayers (like those from GUSS Automation), and data-driven decision-support systems. These innovations deliver enhanced efficiency, reduced labor costs, and minimized environmental impact, making them highly attractive to farmers. The competitive advantage lies in offering superior technology, robust after-sales support, and a seamless integration of equipment within existing farm management systems.
Report Scope & Segmentation Analysis
This report segments the North American agricultural equipment market by equipment type (4WD Farm Tractors, Irrigation Machinery, Harvesting Machinery, Haying and Forage Machinery, and Other Types), by application (various agricultural operations), and by region (USA and Canada). Each segment’s market size, growth projections (CAGR for 2025-2033), and competitive dynamics are analyzed in detail. The analysis considers historical data (2019-2024) and provides detailed forecasts for the future (2025-2033). The report assesses the market size and growth potential of each segment.
Key Drivers of North America Agricultural Equipment Market Growth
Several factors drive market growth:
- Technological advancements: Precision agriculture technologies, automation, and data analytics significantly boost efficiency.
- Government support: Policies promoting agricultural modernization and sustainable farming practices stimulate investment.
- Growing food demand: The rising global population fuels demand for agricultural products, driving equipment sales.
- Favorable economic conditions: In regions with robust agricultural sectors, farmers' increased purchasing power drives market expansion.
Challenges in the North America Agricultural Equipment Market Sector
Challenges include:
- High initial investment costs: Advanced technologies necessitate substantial upfront investments, limiting adoption among smaller farms.
- Supply chain disruptions: Global supply chain issues can impact equipment availability and pricing.
- Intense competition: Established players and emerging companies compete fiercely, creating pressure on margins and pricing.
- Regulatory compliance: Meeting increasingly stringent environmental regulations adds to the cost of equipment development and manufacturing.
Emerging Opportunities in North America Agricultural Equipment Market
Emerging opportunities include:
- Precision farming: Growing demand for data-driven decision-making creates opportunities for technology providers.
- Sustainable agriculture: The focus on eco-friendly practices stimulates the development of emission-reducing equipment.
- Automation and robotics: Autonomous systems offer cost savings and improved efficiency, presenting lucrative market possibilities.
- Data analytics and farm management software: Solutions integrating data analytics with equipment improve farm operations.
Leading Players in the North America Agricultural Equipment Market Market
- Same Deutz-Fahr Deutschland GmbH
- Deere & Company
- Kubota Corporation
- CLAAS Group
- Morris Industries Ltd
- AGCO Corporation
- CNH Industrial NV
- Kverneland Group
- Vaderstad Industries Inc
- Netafim Irrigation Inc
Key Developments in North America Agricultural Equipment Market Industry
- August 2021: John Deere introduced the new 6155MH Tractor, optimized for high-crop configurations.
- April 2022: Deere & Company and GUSS Automation formed a joint venture for semi-autonomous sprayers.
- May 2022: AGCO acquired JCA Industries to enhance automation capabilities.
- October 2022: Kubota Canada Ltd opened a new headquarters and distribution facility.
- November 2022: Kubota Canada Ltd unveiled the M7-4 diesel tractor.
- December 2022: CNH Industrial added new automation and autonomy solutions to its Ag Tech portfolio.
Future Outlook for North America Agricultural Equipment Market Market
The North American agricultural equipment market is poised for continued growth, driven by technological innovation, increasing food demand, and supportive government policies. Strategic opportunities exist for companies that focus on automation, precision agriculture, and sustainable solutions. The market is expected to witness a significant rise in the adoption of advanced technologies, leading to higher productivity and efficiency within the agricultural sector. The focus on data-driven insights and precision farming will continue to shape the future of the market.
North America Agricultural Equipment Market Segmentation
-
1. Type
-
1.1. Tractor
- 1.1.1. Less than 40 HP
- 1.1.2. 40 to 100 HP
- 1.1.3. Above 100 HP
- 1.1.4. 4 WD Farm Tractors
-
1.2. Equipment
- 1.2.1. Plows
- 1.2.2. Harrows
- 1.2.3. Cultivators and Tillers
- 1.2.4. Other Equipment
-
1.3. Irrigation Machinery
- 1.3.1. Sprinkler Irrigation
- 1.3.2. Drip Irrigation
- 1.3.3. Other Irrigation Machinery
-
1.4. Harvesting Machinery
- 1.4.1. Combine Harvesters
- 1.4.2. Forage Harvesters
- 1.4.3. Other Harvesting Machinery
-
1.5. Haying and Forage Machinery
- 1.5.1. Mowers
- 1.5.2. Balers
- 1.5.3. Other Haying and Forage Machinery
- 1.6. Other Types
-
1.1. Tractor
-
2. Geography
- 2.1. United States
- 2.2. Canada
- 2.3. Mexico
- 2.4. Rest of North America
-
3. Type
-
3.1. Tractor
- 3.1.1. Less than 40 HP
- 3.1.2. 40 to 100 HP
- 3.1.3. Above 100 HP
- 3.1.4. 4 WD Farm Tractors
-
3.2. Equipment
- 3.2.1. Plows
- 3.2.2. Harrows
- 3.2.3. Cultivators and Tillers
- 3.2.4. Other Equipment
-
3.3. Irrigation Machinery
- 3.3.1. Sprinkler Irrigation
- 3.3.2. Drip Irrigation
- 3.3.3. Other Irrigation Machinery
-
3.4. Harvesting Machinery
- 3.4.1. Combine Harvesters
- 3.4.2. Forage Harvesters
- 3.4.3. Other Harvesting Machinery
-
3.5. Haying and Forage Machinery
- 3.5.1. Mowers
- 3.5.2. Balers
- 3.5.3. Other Haying and Forage Machinery
- 3.6. Other Types
-
3.1. Tractor
North America Agricultural Equipment Market Segmentation By Geography
- 1. United States
- 2. Canada
- 3. Mexico
- 4. Rest of North America
North America Agricultural Equipment Market Regional Market Share
Geographic Coverage of North America Agricultural Equipment Market
North America Agricultural Equipment Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 4.1% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Increasing Demand for Tomato; Adoption of Greenhouse Technology in Tomato Cultivation; Government support
- 3.3. Market Restrains
- 3.3.1 Increasing Loses due to Physiological Disorder
- 3.3.2 Pest and Disease; Unfavourable Climatic Condition
- 3.4. Market Trends
- 3.4.1. High Adoption of and Innovations in Farm Machinery
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Agricultural Equipment Market Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Type
- 5.1.1. Tractor
- 5.1.1.1. Less than 40 HP
- 5.1.1.2. 40 to 100 HP
- 5.1.1.3. Above 100 HP
- 5.1.1.4. 4 WD Farm Tractors
- 5.1.2. Equipment
- 5.1.2.1. Plows
- 5.1.2.2. Harrows
- 5.1.2.3. Cultivators and Tillers
- 5.1.2.4. Other Equipment
- 5.1.3. Irrigation Machinery
- 5.1.3.1. Sprinkler Irrigation
- 5.1.3.2. Drip Irrigation
- 5.1.3.3. Other Irrigation Machinery
- 5.1.4. Harvesting Machinery
- 5.1.4.1. Combine Harvesters
- 5.1.4.2. Forage Harvesters
- 5.1.4.3. Other Harvesting Machinery
- 5.1.5. Haying and Forage Machinery
- 5.1.5.1. Mowers
- 5.1.5.2. Balers
- 5.1.5.3. Other Haying and Forage Machinery
- 5.1.6. Other Types
- 5.1.1. Tractor
- 5.2. Market Analysis, Insights and Forecast - by Geography
- 5.2.1. United States
- 5.2.2. Canada
- 5.2.3. Mexico
- 5.2.4. Rest of North America
- 5.3. Market Analysis, Insights and Forecast - by Type
- 5.3.1. Tractor
- 5.3.1.1. Less than 40 HP
- 5.3.1.2. 40 to 100 HP
- 5.3.1.3. Above 100 HP
- 5.3.1.4. 4 WD Farm Tractors
- 5.3.2. Equipment
- 5.3.2.1. Plows
- 5.3.2.2. Harrows
- 5.3.2.3. Cultivators and Tillers
- 5.3.2.4. Other Equipment
- 5.3.3. Irrigation Machinery
- 5.3.3.1. Sprinkler Irrigation
- 5.3.3.2. Drip Irrigation
- 5.3.3.3. Other Irrigation Machinery
- 5.3.4. Harvesting Machinery
- 5.3.4.1. Combine Harvesters
- 5.3.4.2. Forage Harvesters
- 5.3.4.3. Other Harvesting Machinery
- 5.3.5. Haying and Forage Machinery
- 5.3.5.1. Mowers
- 5.3.5.2. Balers
- 5.3.5.3. Other Haying and Forage Machinery
- 5.3.6. Other Types
- 5.3.1. Tractor
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1. United States
- 5.4.2. Canada
- 5.4.3. Mexico
- 5.4.4. Rest of North America
- 5.1. Market Analysis, Insights and Forecast - by Type
- 6. United States North America Agricultural Equipment Market Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Type
- 6.1.1. Tractor
- 6.1.1.1. Less than 40 HP
- 6.1.1.2. 40 to 100 HP
- 6.1.1.3. Above 100 HP
- 6.1.1.4. 4 WD Farm Tractors
- 6.1.2. Equipment
- 6.1.2.1. Plows
- 6.1.2.2. Harrows
- 6.1.2.3. Cultivators and Tillers
- 6.1.2.4. Other Equipment
- 6.1.3. Irrigation Machinery
- 6.1.3.1. Sprinkler Irrigation
- 6.1.3.2. Drip Irrigation
- 6.1.3.3. Other Irrigation Machinery
- 6.1.4. Harvesting Machinery
- 6.1.4.1. Combine Harvesters
- 6.1.4.2. Forage Harvesters
- 6.1.4.3. Other Harvesting Machinery
- 6.1.5. Haying and Forage Machinery
- 6.1.5.1. Mowers
- 6.1.5.2. Balers
- 6.1.5.3. Other Haying and Forage Machinery
- 6.1.6. Other Types
- 6.1.1. Tractor
- 6.2. Market Analysis, Insights and Forecast - by Geography
- 6.2.1. United States
- 6.2.2. Canada
- 6.2.3. Mexico
- 6.2.4. Rest of North America
- 6.3. Market Analysis, Insights and Forecast - by Type
- 6.3.1. Tractor
- 6.3.1.1. Less than 40 HP
- 6.3.1.2. 40 to 100 HP
- 6.3.1.3. Above 100 HP
- 6.3.1.4. 4 WD Farm Tractors
- 6.3.2. Equipment
- 6.3.2.1. Plows
- 6.3.2.2. Harrows
- 6.3.2.3. Cultivators and Tillers
- 6.3.2.4. Other Equipment
- 6.3.3. Irrigation Machinery
- 6.3.3.1. Sprinkler Irrigation
- 6.3.3.2. Drip Irrigation
- 6.3.3.3. Other Irrigation Machinery
- 6.3.4. Harvesting Machinery
- 6.3.4.1. Combine Harvesters
- 6.3.4.2. Forage Harvesters
- 6.3.4.3. Other Harvesting Machinery
- 6.3.5. Haying and Forage Machinery
- 6.3.5.1. Mowers
- 6.3.5.2. Balers
- 6.3.5.3. Other Haying and Forage Machinery
- 6.3.6. Other Types
- 6.3.1. Tractor
- 6.1. Market Analysis, Insights and Forecast - by Type
- 7. Canada North America Agricultural Equipment Market Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Type
- 7.1.1. Tractor
- 7.1.1.1. Less than 40 HP
- 7.1.1.2. 40 to 100 HP
- 7.1.1.3. Above 100 HP
- 7.1.1.4. 4 WD Farm Tractors
- 7.1.2. Equipment
- 7.1.2.1. Plows
- 7.1.2.2. Harrows
- 7.1.2.3. Cultivators and Tillers
- 7.1.2.4. Other Equipment
- 7.1.3. Irrigation Machinery
- 7.1.3.1. Sprinkler Irrigation
- 7.1.3.2. Drip Irrigation
- 7.1.3.3. Other Irrigation Machinery
- 7.1.4. Harvesting Machinery
- 7.1.4.1. Combine Harvesters
- 7.1.4.2. Forage Harvesters
- 7.1.4.3. Other Harvesting Machinery
- 7.1.5. Haying and Forage Machinery
- 7.1.5.1. Mowers
- 7.1.5.2. Balers
- 7.1.5.3. Other Haying and Forage Machinery
- 7.1.6. Other Types
- 7.1.1. Tractor
- 7.2. Market Analysis, Insights and Forecast - by Geography
- 7.2.1. United States
- 7.2.2. Canada
- 7.2.3. Mexico
- 7.2.4. Rest of North America
- 7.3. Market Analysis, Insights and Forecast - by Type
- 7.3.1. Tractor
- 7.3.1.1. Less than 40 HP
- 7.3.1.2. 40 to 100 HP
- 7.3.1.3. Above 100 HP
- 7.3.1.4. 4 WD Farm Tractors
- 7.3.2. Equipment
- 7.3.2.1. Plows
- 7.3.2.2. Harrows
- 7.3.2.3. Cultivators and Tillers
- 7.3.2.4. Other Equipment
- 7.3.3. Irrigation Machinery
- 7.3.3.1. Sprinkler Irrigation
- 7.3.3.2. Drip Irrigation
- 7.3.3.3. Other Irrigation Machinery
- 7.3.4. Harvesting Machinery
- 7.3.4.1. Combine Harvesters
- 7.3.4.2. Forage Harvesters
- 7.3.4.3. Other Harvesting Machinery
- 7.3.5. Haying and Forage Machinery
- 7.3.5.1. Mowers
- 7.3.5.2. Balers
- 7.3.5.3. Other Haying and Forage Machinery
- 7.3.6. Other Types
- 7.3.1. Tractor
- 7.1. Market Analysis, Insights and Forecast - by Type
- 8. Mexico North America Agricultural Equipment Market Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Type
- 8.1.1. Tractor
- 8.1.1.1. Less than 40 HP
- 8.1.1.2. 40 to 100 HP
- 8.1.1.3. Above 100 HP
- 8.1.1.4. 4 WD Farm Tractors
- 8.1.2. Equipment
- 8.1.2.1. Plows
- 8.1.2.2. Harrows
- 8.1.2.3. Cultivators and Tillers
- 8.1.2.4. Other Equipment
- 8.1.3. Irrigation Machinery
- 8.1.3.1. Sprinkler Irrigation
- 8.1.3.2. Drip Irrigation
- 8.1.3.3. Other Irrigation Machinery
- 8.1.4. Harvesting Machinery
- 8.1.4.1. Combine Harvesters
- 8.1.4.2. Forage Harvesters
- 8.1.4.3. Other Harvesting Machinery
- 8.1.5. Haying and Forage Machinery
- 8.1.5.1. Mowers
- 8.1.5.2. Balers
- 8.1.5.3. Other Haying and Forage Machinery
- 8.1.6. Other Types
- 8.1.1. Tractor
- 8.2. Market Analysis, Insights and Forecast - by Geography
- 8.2.1. United States
- 8.2.2. Canada
- 8.2.3. Mexico
- 8.2.4. Rest of North America
- 8.3. Market Analysis, Insights and Forecast - by Type
- 8.3.1. Tractor
- 8.3.1.1. Less than 40 HP
- 8.3.1.2. 40 to 100 HP
- 8.3.1.3. Above 100 HP
- 8.3.1.4. 4 WD Farm Tractors
- 8.3.2. Equipment
- 8.3.2.1. Plows
- 8.3.2.2. Harrows
- 8.3.2.3. Cultivators and Tillers
- 8.3.2.4. Other Equipment
- 8.3.3. Irrigation Machinery
- 8.3.3.1. Sprinkler Irrigation
- 8.3.3.2. Drip Irrigation
- 8.3.3.3. Other Irrigation Machinery
- 8.3.4. Harvesting Machinery
- 8.3.4.1. Combine Harvesters
- 8.3.4.2. Forage Harvesters
- 8.3.4.3. Other Harvesting Machinery
- 8.3.5. Haying and Forage Machinery
- 8.3.5.1. Mowers
- 8.3.5.2. Balers
- 8.3.5.3. Other Haying and Forage Machinery
- 8.3.6. Other Types
- 8.3.1. Tractor
- 8.1. Market Analysis, Insights and Forecast - by Type
- 9. Rest of North America North America Agricultural Equipment Market Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Type
- 9.1.1. Tractor
- 9.1.1.1. Less than 40 HP
- 9.1.1.2. 40 to 100 HP
- 9.1.1.3. Above 100 HP
- 9.1.1.4. 4 WD Farm Tractors
- 9.1.2. Equipment
- 9.1.2.1. Plows
- 9.1.2.2. Harrows
- 9.1.2.3. Cultivators and Tillers
- 9.1.2.4. Other Equipment
- 9.1.3. Irrigation Machinery
- 9.1.3.1. Sprinkler Irrigation
- 9.1.3.2. Drip Irrigation
- 9.1.3.3. Other Irrigation Machinery
- 9.1.4. Harvesting Machinery
- 9.1.4.1. Combine Harvesters
- 9.1.4.2. Forage Harvesters
- 9.1.4.3. Other Harvesting Machinery
- 9.1.5. Haying and Forage Machinery
- 9.1.5.1. Mowers
- 9.1.5.2. Balers
- 9.1.5.3. Other Haying and Forage Machinery
- 9.1.6. Other Types
- 9.1.1. Tractor
- 9.2. Market Analysis, Insights and Forecast - by Geography
- 9.2.1. United States
- 9.2.2. Canada
- 9.2.3. Mexico
- 9.2.4. Rest of North America
- 9.3. Market Analysis, Insights and Forecast - by Type
- 9.3.1. Tractor
- 9.3.1.1. Less than 40 HP
- 9.3.1.2. 40 to 100 HP
- 9.3.1.3. Above 100 HP
- 9.3.1.4. 4 WD Farm Tractors
- 9.3.2. Equipment
- 9.3.2.1. Plows
- 9.3.2.2. Harrows
- 9.3.2.3. Cultivators and Tillers
- 9.3.2.4. Other Equipment
- 9.3.3. Irrigation Machinery
- 9.3.3.1. Sprinkler Irrigation
- 9.3.3.2. Drip Irrigation
- 9.3.3.3. Other Irrigation Machinery
- 9.3.4. Harvesting Machinery
- 9.3.4.1. Combine Harvesters
- 9.3.4.2. Forage Harvesters
- 9.3.4.3. Other Harvesting Machinery
- 9.3.5. Haying and Forage Machinery
- 9.3.5.1. Mowers
- 9.3.5.2. Balers
- 9.3.5.3. Other Haying and Forage Machinery
- 9.3.6. Other Types
- 9.3.1. Tractor
- 9.1. Market Analysis, Insights and Forecast - by Type
- 10. Competitive Analysis
- 10.1. Market Share Analysis 2025
- 10.2. Company Profiles
- 10.2.1 Same Deutz-Fahr Deutschland GmbH
- 10.2.1.1. Overview
- 10.2.1.2. Products
- 10.2.1.3. SWOT Analysis
- 10.2.1.4. Recent Developments
- 10.2.1.5. Financials (Based on Availability)
- 10.2.2 Deere & Company
- 10.2.2.1. Overview
- 10.2.2.2. Products
- 10.2.2.3. SWOT Analysis
- 10.2.2.4. Recent Developments
- 10.2.2.5. Financials (Based on Availability)
- 10.2.3 Kubota Corporation
- 10.2.3.1. Overview
- 10.2.3.2. Products
- 10.2.3.3. SWOT Analysis
- 10.2.3.4. Recent Developments
- 10.2.3.5. Financials (Based on Availability)
- 10.2.4 CLAAS Group
- 10.2.4.1. Overview
- 10.2.4.2. Products
- 10.2.4.3. SWOT Analysis
- 10.2.4.4. Recent Developments
- 10.2.4.5. Financials (Based on Availability)
- 10.2.5 Morris Industries Ltd
- 10.2.5.1. Overview
- 10.2.5.2. Products
- 10.2.5.3. SWOT Analysis
- 10.2.5.4. Recent Developments
- 10.2.5.5. Financials (Based on Availability)
- 10.2.6 AGCO Corporation
- 10.2.6.1. Overview
- 10.2.6.2. Products
- 10.2.6.3. SWOT Analysis
- 10.2.6.4. Recent Developments
- 10.2.6.5. Financials (Based on Availability)
- 10.2.7 CNH Industrial NV
- 10.2.7.1. Overview
- 10.2.7.2. Products
- 10.2.7.3. SWOT Analysis
- 10.2.7.4. Recent Developments
- 10.2.7.5. Financials (Based on Availability)
- 10.2.8 Kverneland Group
- 10.2.8.1. Overview
- 10.2.8.2. Products
- 10.2.8.3. SWOT Analysis
- 10.2.8.4. Recent Developments
- 10.2.8.5. Financials (Based on Availability)
- 10.2.9 Vaderstad Industries Inc
- 10.2.9.1. Overview
- 10.2.9.2. Products
- 10.2.9.3. SWOT Analysis
- 10.2.9.4. Recent Developments
- 10.2.9.5. Financials (Based on Availability)
- 10.2.10 Netafim Irrigation Inc
- 10.2.10.1. Overview
- 10.2.10.2. Products
- 10.2.10.3. SWOT Analysis
- 10.2.10.4. Recent Developments
- 10.2.10.5. Financials (Based on Availability)
- 10.2.1 Same Deutz-Fahr Deutschland GmbH
List of Figures
- Figure 1: North America Agricultural Equipment Market Revenue Breakdown (billion, %) by Product 2025 & 2033
- Figure 2: North America Agricultural Equipment Market Share (%) by Company 2025
List of Tables
- Table 1: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 2: North America Agricultural Equipment Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 3: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 4: North America Agricultural Equipment Market Revenue billion Forecast, by Region 2020 & 2033
- Table 5: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 6: North America Agricultural Equipment Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 7: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 8: North America Agricultural Equipment Market Revenue billion Forecast, by Country 2020 & 2033
- Table 9: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 10: North America Agricultural Equipment Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 11: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 12: North America Agricultural Equipment Market Revenue billion Forecast, by Country 2020 & 2033
- Table 13: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 14: North America Agricultural Equipment Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 15: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 16: North America Agricultural Equipment Market Revenue billion Forecast, by Country 2020 & 2033
- Table 17: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 18: North America Agricultural Equipment Market Revenue billion Forecast, by Geography 2020 & 2033
- Table 19: North America Agricultural Equipment Market Revenue billion Forecast, by Type 2020 & 2033
- Table 20: North America Agricultural Equipment Market Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the North America Agricultural Equipment Market?
The projected CAGR is approximately 4.1%.
2. Which companies are prominent players in the North America Agricultural Equipment Market?
Key companies in the market include Same Deutz-Fahr Deutschland GmbH, Deere & Company, Kubota Corporation, CLAAS Group, Morris Industries Ltd, AGCO Corporation, CNH Industrial NV, Kverneland Group, Vaderstad Industries Inc, Netafim Irrigation Inc.
3. What are the main segments of the North America Agricultural Equipment Market?
The market segments include Type, Geography, Type.
4. Can you provide details about the market size?
The market size is estimated to be USD 115.58 billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Tomato; Adoption of Greenhouse Technology in Tomato Cultivation; Government support.
6. What are the notable trends driving market growth?
High Adoption of and Innovations in Farm Machinery.
7. Are there any restraints impacting market growth?
Increasing Loses due to Physiological Disorder. Pest and Disease; Unfavourable Climatic Condition.
8. Can you provide examples of recent developments in the market?
December 2022: CNH Industrial added new Automation and Autonomy Solutions to the Ag Tech portfolio in Phoenix, Arizona, and the USA. These New Driverless Tillage and Driver Assist Harvest solutions from Raven, and Baler Automation from Case IH and New Holland, can deliver automation and autonomous equipment enhancements and help solve farmers' most significant challenges to increasing productivity.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "North America Agricultural Equipment Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the North America Agricultural Equipment Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the North America Agricultural Equipment Market?
To stay informed about further developments, trends, and reports in the North America Agricultural Equipment Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence