New York, US, July 01, 2022 (GLOBE NEWSWIRE) — According to a comprehensive research report by Market Research Future (MRFR), “Agriculture Equipment Industry Analysis by Product Type, Function (Harvesting, Planting & Fertilizing, Haying, Plowing & Cultivation and others), Sales Channel (OEM and Aftermarket) and Region – Forecast till 2030” valuation is poised to reach USD 189.42 Billion by 2030, registering an 8.53% CAGR throughout the forecast period (2022–2030).
Agriculture Equipment Market Overview
Usually, agriculture requires several kinds of equipment like land leveler, cutters & shredders, tractors, hay & forage, seeding, and harvester. Various agricultural tasks such as spraying the pesticide harrowing, planting, plowing, disking, tilling, and application are performed using these types of equipment. These equipment profits are gaining a high crop yield in less time with minimum effort. The global market for agricultural equipment has recorded massive growth in the last few years.
Agriculture Equipment Market Report Scope:
| Report Metric | Details |
| Market Size by 2030 | USD 189.42 Billion |
| CAGR | 8.53% (2022-2030) |
| Base Year | 2021 |
| Forecast Period | 2022-2030 |
| Historical Data | 2020 |
| Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Product Type, Sales Channel and Region |
| Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
