Global Agriculture Machinery market cagr 7.40%

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Agriculture Machinery Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Agriculture Machinery Market Size and Growth

The agriculture machinery market has experienced substantial growth, driven by technological advancements and increased demand for efficient farming practices. As of 2023, the market size is estimated at approximately $200 billion, with ongoing innovations in automation and precision farming expected to propel further expansion in the coming years. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ John Deere

◍ CNH Industrial

◍ Kubota

◍ AGCO

◍ Claas

◍ Yanmar

◍ Mahindra

◍ LOVOL

◍ SDF

◍ JCB

◍ TAFE

◍ YTO Group

◍ Exel Industries

◍ Jiangsu Wode Group

◍ ISEKI

◍ Rostselmash

◍ Wuzheng

The Agriculture Machinery Market features competition among key players like John Deere, CNH Industrial, Kubota, and AGCO, focusing on innovation and sustainability. These companies enhance agricultural productivity through advanced machinery and technologies.

**Sales Revenue Highlights:**

- John Deere: ~$43 billion

- CNH Industrial: ~$26 billion

- AGCO: ~$11 billion

- Kubota: ~$17 billion

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◍ Changzhou Dongfeng Agricultural

Market Segmentation

By Application

Plowing

Sowing ◍ Fertilizing

◍ Harvesting & Threshing ◍ Others

By Product

◍ Wheel Drive Tractors ◍ Crawler Tractors

Harvesters

Sprayers

Others

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Market Growth

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$ 274.47 Billion

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