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Press Release

Nov 25, 2020 15:55 UTC

$300+ Billion Agricultural & Forestry Machinery Market - Global Outlook to 2027 -

DUBLIN--(Business Wire)--The "Agricultural & Forestry Machinery - Global Market Outlook (2019-2027)" report has been added to's offering.

Global Agricultural & Forestry Machinery market accounted for $166.41 billion in 2019 and is expected to reach $308.01 billion by 2027 growing at a CAGR of 8.0% during the forecast period.

Increase in mechanization in the agricultural & forestry sector across the globe and increasing awareness about the importance of technology in agriculture and forestry practices are the major factors driving the market growth. However, high cost of machinery and low purchasing power of owners are restraining the market growth.

Agriculture and forestry machinery are the machines that assist in the cycle of farming and forestry operations, such as field planting, mining, and wood log processing. The types of agricultural and forest equipments present in the industry include tractors, crop sprayers, rotators, harvesters, and skidders.

Based on machinery type, the agricultural machines segment is likely to have a huge demand due to rise in demand for food owing to the significant increase in global population. Rising food demand has encouraged the adoption of advanced farming and forestry practices to increase crop yields, which is further resulting in the demand for agricultural machinery globally.

By geography, Europe is going to have a lucrative growth during the forecast period due to financial support offered to the rural areas through the Common Agricultural Policy (CAP) and EU countries initiatives to finance forestry programs through national development programs.

Some of the key players profiled in the Agricultural & Forestry Machinery Market include AGCO Corporation, AgriArgo, Balwan Tractors (Force Motors), Caterpillar Inc, Class KGaA mbH, Deere & Company, Kioti, Kubota Corporation, Mahindra & Mahindra, New Holland, Shifeng, Sonalika International, Tractors and Farm Equipment Limited, Wuzheng and Zoomlion.

What the report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Impact of Covid-19

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Agricultural & Forestry Machinery Market, By Machinery Type

5.1 Introduction

5.2 Forestry Machines

5.2.1 Bunchers

5.2.2 Forwarders

5.2.3 Harvesters

5.2.4 Loaders

5.2.5 Skidders

5.2.6 Swing Machines

5.3 Agricultural Machines

5.3.1 Agricultural Trailers

5.3.2 Combine & Forage Harvesters

5.3.3 Cutter Bars

5.3.4 Disc Harrows

5.3.5 Fertilizer Distributors and Manure Spreaders

5.3.6 Pest Control

5.3.7 Field Sprayers

5.3.8 Fodder and Straw Balers

5.3.9 Hay and Lawn Mowers

5.3.10 Hoes, Scarifiers and Weeders

5.3.11 Machines for Preparing Animal Feeding Stuffs

5.3.12 Machines for Sorting, Cleaning and Grading Fruits, Eggs, Grain, Seeds, Dried Leguminous Vegetables

5.3.13 Milking & Poultry Machines

5.3.14 Planters, Transplanters and Seeders

5.3.15 Plowing Machinery

5.3.16 Poultry Incubators and Brooders

5.3.17 Powder Dispersers

5.3.18 Power Tiller

5.3.19 Soil Preparation & Cultivation Machines

5.3.20 Threshing Machinery

5.3.21 Tuber and Root Harvesting Machines

5.3.22 Haymaking Machines Hay Tedders, Rakes

5.3.23 Tractors Wheeled Tractors Pedestrian Controlled Tractors

6 Global Agricultural & Forestry Machinery Market, By Sales Channel

6.1 Introduction

6.2 Aftermarket

6.3 Manufacturer/Distributor/Service Provider

7 Global Agricultural & Forestry Machinery Market, By Application

7.1 Introduction

7.2 Commercial

7.3 Government

7.4 Personal

8 Global Agricultural & Forestry Machinery Market, By Geography

9 Key Developments

9.1 Agreements, Partnerships, Collaborations and Joint Ventures

9.2 Acquisitions & Mergers

9.3 New Product Launch

9.4 Expansions

9.5 Other Key Strategies

10 Company Profiling

10.1 AGCO Corporation

10.2 AgriArgo

10.3 Balwan Tractors (Force Motors)

10.4 Caterpillar Inc

10.5 Class KGaA mbH

10.6 Deere & Company

10.7 Kioti

10.8 Kubota Corporation

10.9 Mahindra & Mahindra

10.10 New Holland

10.11 Shifeng

10.12 Sonalika International

10.13 Tractors and Farm Equipment Limited

10.14 Wuzheng

10.15 Zoomlion

For more information about this report visit
Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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