Global agriculture equipment market size from planting and fertilizing machinery will record a strong growth rate. Fertilizer application tools are undergoing major improvements, which can help farmers accurately apply these products and prevent wastage. Planting tools industry size will grow because these units can aid farmers in appropriately sowing the seeds and tilling the ground.

Since fertilizers increase the risk of environmental hazards, application devices, such as streamer nozzles, Y-drops, variable rate applicators, and strip tillage equipment can notably enhance the placement and timing of using the compounds. Therefore, development of advanced machinery while keeping in mind their environmental effects will boost the adoption of fertilizing and planting equipment.

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Farm tractors will hold a large share of global agriculture equipment industry over the coming years, as manufacturers are integrating technologies like telematics and GPS into these machines to improve their performance. Telematics in agricultural machinery monitors the fuel consumption rate, keeping a close track of the operating parameters. This technology prevents fuel theft and avoid fuel overconsumption.

GPS technology is fast becoming an indispensable part of farm tractors across developed economies. It gives accurate information about the route, location, and direction of the vehicle and can assist farmers in finding out whether the machinery is being misused for private purpose.

Agriculture equipment market is expected to witness continuous developments over the coming years. Global population is growing at a tremendous rate every year, which automatically increases the demand for food grains. This puts a lot of pressure on farmers to consistently meet this ever-rising need. This is why agriculture equipment forms such an important part of any economy.

However, labor-intensive ploughing and tilling of the soil have become a thing of the past today. Many farming tools are using advanced technologies that not only decrease the burden of manual work but also help farmers reduce their operational costs. Similar innovations in these devices will even assist farmers in boosting their average yield rate, thereby helping global agriculture equipment market value surpass USD 165 billion over the coming years.

Farmers are using self-propelled sprayers on a large scale as they don’t need to be personally monitored and can spray fertilizers and water in equal proportions. The sprayers also provide great maneuverability and can evenly distribute their weight. They have excellent ground clearance, which ensures that the taller crops do not get damaged during operation. Farmers can remotely keep a close track of these products, which will further bolster self-propelled sprayer industry size.

Global agriculture equipment market outlook will be positively influenced by the high demand for automated machines among farmers to improve their production rate. Some of the prominent equipment manufacturers worldwide are Zetor Tractors, Valmont Industries, Inc., Manitou Group, Kubota Corporation, Mahindra & Mahindra Limited, Escorts Ltd., CLAAS KGaA mbH, and Argo Tractors SpA. The companies are supplying technologically advanced agriculture equipment, such as farm tractors, seed drills, spreaders, tedders and balers, among others.

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Some Point from Table of Contents:

Data Tables

TABLE 1 Agriculture equipment industry 360º synopsis, 2018 – 2028

TABLE 2 Agriculture equipment market, 2018 – 2021 (USD Million)

TABLE 3 Agriculture equipment industry, 2022 – 2028 (USD Million)

TABLE 4 Agriculture equipment industry, 2018 – 2021 (Thousand Units)

TABLE 5 Agriculture equipment industry, 2022 – 2028 (Thousand Units)

TABLE 6 Agriculture equipment market, by region, 2018 – 2021 (USD Million)

TABLE 7 Agriculture equipment industry, by region, 2022 – 2028 (USD Million)

TABLE 8 Agriculture equipment industry, by region, 2018 – 2021 (Thousand Units)

TABLE 9 Agriculture equipment market, by region, 2022 – 2028 (Thousand Units)

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