Published by Coherent Market Insights
Posted on September 27, 2021
3 min readLast updated: February 2, 2026
The global agriculture machinery market is set to grow from $174.6 Bn in 2019 to $342.8 Bn by 2027, driven by technological advancements.
United States/WA: The global agriculture and farm machinery market was valued at US$ 174.6 Bn in 2019 and is forecast to reach a value of US$ 342.8 Bn by 2027 at a CAGR of 8.8% between 2020 and 2027.
Report Pages:[130 Pages]
The Competitive Area of the Agriculture and Farm Machinery Market is Defined by Key Players Like:-CNH Global NV, Yamabiko Corporation, Deere and Company, Mahindra & Mahindra Limited, CLAAS KGaA mbH, Same Deutz-Fahr, Bucher Industries AG, AGCO Corporation, Iseki & Co., Ltd., J.C. Bamford Excavators Limited (JCB), Kubota Corporation, and Alamo Group, Inc.
Farm Machinery, mechanical devices, including tractors and implements, are used in farming to save labor. Farm machines include a great variety of devices with a wide range of complexity: from simple hand-held implements used since prehistoric times to the complex harvesters of modern mechanized agriculture. Modern farmers have a huge range of equipment options for the various activities they do on an annual basis. From high-tech combine harvesters to simple tractors, the various kinds of farm equipment available can meet the needs of small-scale homesteaders and industrial-size farming operations alike. However, it can be difficult to keep track of all the options. New farmers especially may wonder what the different types of farming machinery are for. Agricultural machinery relates to the mechanical structures and devices used in farming or other agriculture. There are many types of such equipment, from hand tools and power tools to tractors and the countless kinds of farm implements that they tow or operate. With the advent of mechanized agriculture, agricultural machinery is an indispensable part of how the world is fed. The most important of modern agriculture is the tractor. It provides many other implements and furnishes power for the operation of machines drawn behind the tractor. The tractors can also be set up to drive to operate equipment such as feed grinders, pumps, and electric power generators.
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The post [PDF] Agriculture and Farm Machinery Market Bringing Advance Technology to Unlock Opportunity in the Near Future appeared first on Gatorledger.
The main topic is the growth and technological advancements in the global agriculture and farm machinery market.
The agriculture machinery market is forecasted to reach $342.8 billion by 2027.
Key players include CNH Global NV, Deere and Company, and Kubota Corporation.
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