Agriculture Equipment Market Outlook:
Agriculture Equipment Market size was over USD 173.58 billion in 2025 and is anticipated to cross USD 325.83 billion by 2035, witnessing more than 6.5% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of agriculture equipment is assessed at USD 183.73 billion.
The agriculture equipment market expansion is anticipated by the slated growth in the demand for better management of crops to improve the quality and quantity of food as there is a high demand for food worldwide. According to a 2023 published report by the Organization for Economic Co-Operation and Development (OECD), it is estimated that agricultural commodities would gain a growth share of about 1.3% per year for the next 10 years.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of agriculture equipment is assessed at USD 183.73 billion.
The global agriculture equipment market size surpassed USD 173.58 billion in 2025 and is projected to witness a CAGR of over 6.5%, crossing USD 325.83 billion revenue by 2035.
Asia Pacific agriculture equipment market is anticipated to capture 43% share by 2035, driven by rising labor costs and poor working conditions driving demand for automation.
Key players in the market include Alamo Group, Mahindra, AGCO Corporation, FlieglAgro-Center GmbH, APV GmbH, Bellota Agrisolutions, CLAAS KGaAmbH, CNH Industrial N.V., MaterMacc S.p.A, Morris Equipment Ltd.
