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Answer : According to Precedence Research, the global agriculture equipment market size was reached at US$ 108.4 billion in 2020 and is expected to hit over US$ 168.8 billion by 2030.
Answer : According to Precedence research, the global agriculture equipment market is growing at a noteworthy CAGR of 4.6% from 2021 to 2030.
Answer : Rising pressure on the food supply and growing demand for the agricultural crops from the food and beverages industry are the driving factors of the agriculture equipment market.
Answer : The major players in the agriculture equipment market are CNH Industrial N V, Mahindra and Mahindra Ltd., Deere & Company, Kubota Corporation, AGCO Corporation, EXEL Industries, SDF S.p.a., Bucher Industries AG, Tractor and Farm Equipment Ltd., CLAAS KGaAmbH, ISEKI & Co. Ltd..
Answer : The Asia Pacific region will lead the global agriculture equipment market in near future.