Agricultural and Forestry Machinery Market
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2031
Agricultural and Forestry Machinery Market Scope: Industry Analysis, Market Size, Growth, Trends Till
Agricultural and Forestry Machinery Market Size and Growth
The Agricultural and Forestry Machinery market research reports indicate a growing demand for technologically advanced equipment due to increasing productivity requirements in the agriculture and forestry sectors. The global market size is projected to reach $240 billion by 2025, driven by factors like mechanization and automation in farming practices.
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Companies Covered
(Covid 19 Impact Covered)
◍ Deere & Company
◍ AGCO Corporation
◍ Caterpillar Inc.
◍ Kubota Corporation
◍ Class KGaA mbH
◍ Mahindra & Mahindra
◍ Agrostroj Pelhrimov
◍ Concern Tractor Plants
◍ Escorts Limited
◍ China National Machinery Industry Corporation
◍ Valmont Industries Incorporated
◍ Weifang Euroking Machinery
◍ Same Deutz-Fahr Group
◍ Zetor
◍ Tractors and Farm Equipment Limited
◍ Balwan Tractors (Force Motors.)
◍ Indofarm Tractors
◍ Sonalika International
The Agricultural and Forestry Machinery Market is highly competitive with key players such as Deere & Company, AGCO Corporation, Caterpillar Inc., Kubota Corporation, and Mahindra & Mahindra. These companies offer a wide range of machinery products and services to support the agriculture and forestry industries, contributing to the market's growth.
- Deere & Company reported sales revenue of $35.5 billion in 2020.
- AGCO Corporation reported sales revenue of $9.1 billion in 2020.
- Kubota Corporation reported sales revenue of $22.7 billion in 2020.
- Mahindra & Mahindra reported sales revenue of $11.5 billion in 2020.
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Market Segmentation
By Application
Agricultural
Forestry
By Product
◍ Forest & agriculture tractors
◍ Harvesters
◍ Agriculture spraying machines
◍ Soil preparation & cultivation machines
◍ Milking & poultry machines ◍ Haymaking machines ◍ Others
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Market Growth
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$ X Billion USD
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