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Friday, May 15, 2026

Lucintel Forecasts the Global Agriculture Equipment Market to Reach $349,416 Million by 2035

According to a market report by Lucintel, the future of the global agriculture equipment market looks promising with opportunities in the crop, forestry, and horticulture markets. The global agriculture equipment market is expected to reach an estimated $349,416 million by 2035 with a CAGR of 5.3% from 2025 to 2035. The major drivers for this market are the increasing use of advanced technologies like automation & iot, the growing demand for precision farming technologies, and the rising need for higher farm productivity.

A more than 150-page report to understand trends, opportunity and forecast in global agriculture equipment market to 2035 by type (tractors, harvesters, spraying equipment, planting equipment, hay & forage equipment, and others), application (crops, forestry, horticulture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

Lucintel forecasts that, within the type category, tractor is expected to witness the highest growth over the forecast period.

Within the application category, crop is expected to witness the highest growth.

Download sample by clicking on agriculture equipment market.

In terms of region, APAC is expected to witness the highest growth over the forecast period.

John Deere, CNH Industrial, Kubota, AGCO, Claas, Mahindra, Yanmar, LOVOL, WORLD, SDF are the major suppliers in the agriculture equipment market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email:
roy.almaguer@lucintel.com
Tel. +1-972-636-5056

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