PUBLISHED DATE : Mar 2023 | Pages : 172
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The U.S. Agricultural Equipment Market Size, Share, And Trends Analysis By:
Industry Analysis Report, Regional Outlook, Growth Trends, Competitive Landscape, Share & Forecast, 2023-2028
172 Pages
33 Tables
67 Charts
1 Regions
1 Countries
12 Companies
2 Market Segment
| Report Attribute | Details |
|---|---|
| Market Size (2028) | 1,023,957 Units |
| Market Size (2022) | 831,826 Units |
| CAGR (2022-2028) | 3.52% |
| HISTORIC YEAR | 2020-2021 |
| BASE YEAR | 2022 |
| Forecast Year | 2023-2028 |
| SEGMENTS BY | Equipment Type and Application Type |
| LARGEST SEGMENT BY EQUIPMENT TYPE | Tractors |
| LARGEST SEGMENT BY APPLICATION TYPE | Post Harvesting |
| KEY VENDORS | John Deere, CNH Industrial, AGCO, and Kubota |
The U.S. agricultural equipment market witnessed shipments of 831,826 units in 2022 and is expected to reach 1,023,957 units by 2028 growing at a CAGR of 3.52% during the forecast period. The penetration and adoption of farm mechanization practices across the U.S. drive the sale of new farm equipment. Agricultural implements are the major product categories of the organized agriculture market in the US. In 2022, the tractor segment accounted for the largest U.S. agricultural equipment market share. Further, an increasing number of technologically advanced agriculture equipment and implements is the solution to save money and time and increase yields. And the government is keen on increasing the farm mechanization rate among farmers, boosting the demand and sales of new agricultural equipment. The mechanization of farms is deemed necessary for the US agriculture sector as it has the potential to improve food production and reduce the labor shortage.
Governments must adopt effective and sustainable farming practices to ensure food security and safety. While the level of agricultural mechanization is low, the country is implementing the concept of precision agriculture to increase productivity. Precision farming is a management concept under which crops are grown according to the specifications of the soil. The focus on agricultural mechanization in developing countries will increase the demand for agricultural equipment.
Shortage of Agricultural Laborers
The lack or unavailability of manual labor drives farmers and farm owners to invest in agriculture equipment to perform otherwise manually completed tasks, such as soil preparation for planting, furrowing, mulching, and harvesting. Southern and Eastern U.S. require intensive manual labor during soil preparation, reaping, and harvesting. Laborers must complete tasks using combine harvesters and balers during the harvest phase. Landowners, generally farmers, employ laborers to carry out tedious tasks once the crop is harvested. Laborers gathered harvested crops and put them into the thresher machine to separate grains from stalks. Laborers then use dried plant straws to make hay, which will be used as fodder for cattle. However, the region is witnessing a labor shortage due to various regions. Income and growth opportunities in the non-agricultural sector, low wages in the agricultural sector, and extreme work conditions reduce the percentage of the workforce engaged in agriculture. The drastic shortage of farm laborers will increase the demand for farm machinery in the U.S. agricultural equipment market.
High Local Production Capacities in the U.S.
The US has a large domestic tractor manufacturing base. A few large market players dominate tractor manufacturing. There are around 100 manufacturing plants that supply the majority of tractors for both domestic and international markets. Further, the availability of a cost-competitive and skilled labor force, competitive power and fuel rates, and a favorable tax regulatory system for the industry have all contributed to a favorable economic backdrop for production investments. For production, the government exempts imported and locally manufactured machinery (components of agricultural equipment) from VAT. Farm machinery prices have remained competitive thanks to favorable conditions connected to the investment scenario and a robust historical manufacturing base. Such factors are predicted to fuel the growth of the U.S. agricultural equipment market.
High Demand for Used & Rental Agricultural Equipment
The U.S. farmers’ net income drastically reduced in recent years due to a decline in commodity crop prices. Their purchasing habits changed because of their financial crisis. Farmers with little capital to spend on machinery consider low-cost alternatives, such as used agriculture equipment, rather than buying new equipment. They find obtaining loans for new equipment more difficult due to tough credit conditions. Banks do not sanction loans toward agri-equipment purchases due to the high chances of non-repayment of loans. The share of the second-hand agriculture equipment market in the U.S. increased as commodity crop prices fell and loans to farmers tightened. Fendt and John Deere are among the top vendors that offer pre-certified agriculture equipment to farmers at a cost that is approximately half that of new machinery or equipment. Companies sell used equipment under their brand, which hampers new equipment sales.
INSIGHTS BY EQUIPMENT TYPE
The planting equipment segment of the U.S. agricultural equipment market witnessed shipments of 85,148 units in 2022. The demand for planting equipment in the nation will rise as the agricultural industry expands. The conventional sowing technique has been replaced with planting machinery. In hand sowing, it can be challenging to distribute seeds with consistency and accuracy. Equipment for planting provides consistency in less time. Planting equipment has made work simpler, easier, and much more productive. The agriculture industry has seen a substantial increase in production and efficiency because of automation. The market for planting equipment is primarily driven by improved efficiency, simple processing, and enhanced production. Moreover, planting machinery features superior machine operating components and virtually eliminates manual labor.
The U.S. harvesting equipment market is anticipated to expand at a CAGR of 2.65% during the forecast period. The main growth catalysts for the industry are the severe lack of farm labor, technological developments in agricultural equipment, and numerous government-backed subsidy policies promoting the purchase of harvesting equipment across the nation. The development of numerous cutting-edge farming technologies in harvesters, including increased electronic sensing to monitor yield load, cloud-based processing for output, and quality maps, among others, is a result of the requirement for high-quality harvest with increased yield and productivity. According to CEMA, precision farming technology has been discovered in 70-80% of newly sold harvesters and agricultural machines.
INSIGHTS BY APPLICATION TYPE
The U.S. agricultural equipment market's sowing and planting segment is projected to grow at a CAGR of 3.92% during the forecast period. The main goal of sowing operations is to arrange the seed and fertilizer in rows at the correct depth and seed-to-seed spacing, cover the seeds with soil and apply proper compaction over the seed. For each crop and various agro-climatic conditions, variable row-to-row spacing, seed rates, seed-to-seed spacing, and depth of seed placement are advised to produce the highest yields.
The land development and seed preparation segment of the U.S. agricultural equipment market witnessed shipments of 156,466 units in 2022. The most expensive farming step is preparing the seedbed and developing the land. From removing wild plants to loosening the soil with deep tillage tools like a rotavator and mold-board plow, there are several phases involved. It takes a lot of hard work to complete tasks like shifting soil from high points to low points, constructing farm roads or pathways, bundling, and leveling fields. The employment of large, self-propelled agricultural equipment such as crawler tractors, heavy-duty plows, high-horsepower tractors that can tow mold-board plows, rotary tillers, subsoilers, levelers, etc., is required by farmers for these tasks.
John Deere, CNH Industrial, and AGCO dominated the U.S. agricultural equipment market with a collective market share of over 40% in 2022. These players focus on innovation to compete in the industry and invest in developing advanced agriculture equipment technology for precision farming and machine automation. The market has many established players that provide their products for use in open fields, vineyards, and others. The threat of new vendors in the region is quite low. This can be attributed to factors like the long replacement cycle of agricultural equipment and vendors improving their aftersales services, which increase customers’ loyalty toward existing brands.
CNH Industrial, with its agriculture equipment brands Case IH and New Holland, introduced autonomous technology in agriculture equipment. The company has already incorporated auto-steering and telematics in its agriculture equipment. John Deere equipped many agriculture equipment models with GPS, image sensors, and telematics to assist navigation. The company also equipped its S700 with features to adjust harvesting equipment according to the state of crops autonomously.
Frequently Asked Questions
How big is the U.S. agricultural equipment market?
The U.S. agricultural equipment market witnessed shipments of 831,826 units in 2022.
What is the growth rate of the US agricultural equipment market?
The US agricultural equipment market is expected to grow at a CAGR of 3.52% from 2022-2028.
What are the expected units sold in the U.S. agricultural equipment market by 2028?
Around 1,023,957 shipments are expected to be sold in the U.S. agricultural equipment market by 2028.
Which application type holds the largest U.S. agricultural equipment market share?
Post-harvesting has accounted for the largest U.S. agricultural equipment market share by application type.
What are some significant trends in the U.S. agricultural equipment market?
Technological advances in agricultural equipment technology, shortage of agricultural laborers, use of energy-efficient agricultural equipment, and high local production capacities in the region are key trends in the U.S. agricultural equipment market.
Who are the key players in the U.S. agricultural equipment market?
Key players in the U.S. agricultural equipment market are John Deere, CNH Industrial, AGCO, and Kubota.
The U.S. agricultural equipment market witnessed shipments of 831,826 units in 2022. The shipments are expected to reach 1,023,957 units by 2028, growing at a CAGR of 3.52%.
The following factors are likely to contribute to the U.S. agricultural equipment market growth:
Base Year: 2022
Forecast Year: 2023-2028
The study considers a detailed scenario of the present U.S. agricultural equipment market and its industry dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the industry. It profiles and examines leading companies and other prominent ones operating in the market.
Key Vendors
Other Prominent Vendors
Segmentation By Equipment Type
Segmentation By Application Type
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
8 INTRODUCTION
8.1 OVERVIEW
8.2 VALUE CHAIN ANALYSIS
8.2.1 OVERVIEW
8.2.2 RAW MATERIAL & COMPONENT SUPPLIERS
8.2.3 MANUFACTURERS
8.2.4 DEALERS/DISTRIBUTORS
8.2.5 RETAILERS
8.2.6 END-USERS
8.3 DISTRIBUTION CHANNELS FOR FARM EQUIPMENT
8.3.1 FINANCING OPTIONS FOR ACQUIRING FARM MACHINERY
8.4 SWOT ANALYSIS OF US AGRICULTURAL EQUIPMENT INDUSTRY
8.5 GOVERNMENT SUPPORT TO FARMERS
8.6 INCREASING ADOPTION OF PRECISION FARMING
8.7 AGRICULTURAL LAND-HOLDING STRUCTURES
8.8 IMPORT & EXPORT ANALYSIS
8.9 TECHNOLOGICAL ADVANCES
9 MARKET OPPORTUNITIES & TRENDS
9.1 TECHNOLOGICAL ADVANCES IN AGRICULTURAL EQUIPMENT TECHNOLOGY
9.1.1 SWATH CONTROL AND VARIABLE RATE TECHNOLOGY
9.1.2 HIGH DEMAND FOR AUTONOMOUS EQUIPMENT
9.2 SHORTAGE OF AGRICULTURAL LABORERS
9.3 USE OF ENERGY-EFFICIENT AGRI EQUIPMENT
9.4 HIGH LOCAL PRODUCTION CAPACITIES IN US
10 MARKET GROWTH ENABLERS
10.1 ASSISTANCE TO FARMERS THROUGH LOANS & SUBSIDIES
10.2 INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
10.3 INCREASED FARM MECHANIZATION
11 MARKET RESTRAINTS
11.1 LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL EQUIPMENT
11.2 HIGH DEMAND FOR USED & RENTAL AGRI EQUIPMENT
11.3 CLIMATE CHANGE ADVERSELY IMPACTS AGRICULTURAL ACTIVITIES
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 EQUIPMENT TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 TRACTORS
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 HORSEPOWER: MARKET SIZE AND FORECAST
13.3.4 WHEEL-DRIVE: MARKET SIZE AND FORECAST
13.4 PLANTING EQUIPMENT
13.4.1 MARKET SNAPSHOT & GROWTH ENGINE
13.4.2 MARKET OVERVIEW
13.4.3 MARKET SIZE & FORECAST
13.4.4 SEEDER: MARKET SIZE & FORECAST
13.4.5 PLANTER: MARKET SIZE & FORECAST
13.4.6 TRANSPLANTER: MARKET SIZE & FORECAST
13.5 TILLAGE EQUIPMENT
13.5.1 MARKET SNAPSHOT & GROWTH ENGINE
13.5.2 MARKET OVERVIEW
13.5.3 MARKET SIZE & FORECAST
13.5.4 PLOUGH: MARKET SIZE & FORECAST
13.5.5 HARROW: MARKET SIZE & FORECAST
13.5.6 TILLER: MARKET SIZE & FORECAST
13.6 HARVESTING EQUIPMENT
13.6.1 MARKET SNAPSHOT & GROWTH ENGINE
13.6.2 MARKET OVERVIEW
13.6.3 MARKET SIZE & FORECAST
13.6.4 TRACTOR-MOUNTED HARVESTER: MARKET SIZE & FORECAST
13.6.5 TRAILED FORAGE HARVESTER: MARKET SIZE & FORECAST
13.6.6 SELF-PROPELLED COMBINE HARVESTER: MARKET SIZE & FORECAST
13.7 MOWING EQUIPMENT
13.7.1 MARKET SNAPSHOT & GROWTH ENGINE
13.7.2 MARKET OVERVIEW
13.7.3 MARKET SIZE & FORECAST
13.7.4 MOWER: MARKET SIZE & FORECAST
13.7.5 WINDROWER: MARKET SIZE & FORECAST
13.8 SPRAYER
13.8.1 MARKET OVERVIEW
13.8.2 MARKET SIZE & FORECAST
13.9 OTHER EQUIPMENT
13.9.1 MARKET SNAPSHOT & GROWTH ENGINE
13.9.2 MARKET OVERVIEW
13.9.3 MARKET SIZE & FORECAST
13.9.4 LOADER: MARKET SIZE & FORECAST
13.9.5 BALER: MARKET SIZE & FORECAST
14 APPLICATION TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 LAND DEVELOPMENT AND SEEDBED PREPARATION
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.4 SOWING AND PLANTING
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.5 PLANT PROTECTION
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.6 HARVESTING AND THRESHING
14.6.1 MARKET OVERVIEW
14.6.2 MARKET SIZE & FORECAST
14.7 POST HARVESTING
14.7.1 MARKET OVERVIEW
14.7.2 MARKET SIZE & FORECAST
15 COMPETITIVE LANDSCAPE
15.1 COMPETITION OVERVIEW
15.1.1 RECENT DEVELOPMENTS BY TOP BRANDS
15.1.2 BRAND LOYALTY
15.1.3 SALES & EXPORTS
16 KEY COMPANY PROFILES
16.1 JOHN DEERE
16.1.1 BUSINESS OVERVIEW
16.1.2 PRODUCT OFFERINGS
16.1.3 KEY STRATEGIES
16.1.4 KEY STRENGTHS
16.1.5 KEY OPPORTUNITIES
16.2 CNH INDUSTRIAL
16.2.1 BUSINESS OVERVIEW
16.2.2 PRODUCT OFFERINGS
16.2.3 KEY STRATEGIES
16.2.4 KEY STRENGTHS
16.2.5 KEY OPPORTUNITIES
16.3 AGCO
16.3.1 BUSINESS OVERVIEW
16.3.2 PRODUCT OFFERINGS
16.3.3 KEY STRATEGIES
16.3.4 KEY STRENGTHS
16.3.5 KEY OPPORTUNITIES
16.4 KUBOTA
16.4.1 BUSINESS OVERVIEW
16.4.2 PRODUCT OFFERINGS
16.4.3 KEY STRATEGIES
16.4.4 KEY STRENGTHS
16.4.5 KEY OPPORTUNITIES
17 OTHER PROMINENT VENDORS
17.1 SDF
17.1.1 BUSINESS OVERVIEW
17.1.2 PRODUCT OFFERINGS
17.2 JCB
17.2.1 BUSINESS OVERVIEW
17.2.2 PRODUCT OFFERINGS
17.3 CLAAS
17.3.1 BUSINESS OVERVIEW
17.3.2 PRODUCT OFFERINGS
17.4 MAHINDRA
17.4.1 BUSINESS OVERVIEW
17.4.2 PRODUCT OFFERINGS
17.5 FOTON
17.5.1 BUSINESS OVERVIEW
17.5.2 PRODUCT OFFERINGS
17.6 KIOTI
17.6.1 BUSINESS OVERVIEW
17.6.2 PRODUCT OFFERINGS
17.7 SONALIKA
17.7.1 BUSINESS OVERVIEW
17.7.2 PRODUCT OFFERINGS
17.8 YANMAR
17.8.1 BUSINESS OVERVIEW
17.8.2 PRODUCT OFFERINGS
18 REPORT SUMMARY
18.1 KEY TAKEAWAYS
18.2 STRATEGIC RECOMMENDATIONS
19 QUANTITATIVE SUMMARY
19.1 MARKET BY EQUIPMENT TYPE
19.2 MARKET BY APPLICATION TYPE
20 APPENDIX
20.1 ABBREVIATIONS
EXHIBIT 1 SEGMENTATION OF US AGRICULTURAL EQUIPMENT MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 US AGRICULTURE EQUIPMENT MARKET REPORT HIGHLIGHTS
EXHIBIT 4 US AGRICULTURAL EQUIPMENT BY EQUIPMENT-TYPE SEGMENTATION OVERVIEW
EXHIBIT 5 AGRICULTURAL EQUIPMENT BY APPLICATION TYPE SEGMENTATION
EXHIBIT 6 OPPORTUNITIES IN US AGRICULTURE EQUIPMENT MARKET
EXHIBIT 7 MAJOR VENDORS - OVERVIEW
EXHIBIT 8 RECENT DEVELOPMENT BY TOP BRANDS
EXHIBIT 9 US CROP PRODUCTION CASH RECEIPTS 2022 ($ BILLION)
EXHIBIT 10 VALUE CHAIN ANALYSIS OF US AGRICULTURAL EQUIPMENT MARKET
EXHIBIT 11 DISTRIBUTION CHANNELS FOR AGRICULTURAL EQUIPMENT
EXHIBIT 12 US AGRICULTURAL EQUIPMENT MAJOR EXPORT DESTINATIONS 2022 (% SHARE)
EXHIBIT 13 TOTAL AGRICULTURAL EXPORTS BY REGION 2022 ($ BILLION)
EXHIBIT 14 TECHNOLOGICAL DEVELOPMENTS IN AGRICULTURAL EQUIPMENT
EXHIBIT 15 IMPACT OF TECHNOLOGICAL ADVANCES IN AGRICULTURAL EQUIPMENT TECHNOLOGY
EXHIBIT 16 IMPACT OF SHORTAGE OF AGRICULTURAL LABORERS
EXHIBIT 17 IMPACT OF USE OF ENERGY-EFFICIENT AGRI EQUIPMENT
EXHIBIT 18 IMPACT OF HIGH LOCAL PRODUCTION CAPACITIES IN US
EXHIBIT 19 IMPACT OF ASSISTANCE TO FARMERS THROUGH LOANS & SUBSIDIES
EXHIBIT 20 IMPACT OF INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
EXHIBIT 21 IMPACT OF INCREASED FARM MECHANIZATION
EXHIBIT 22 IMPACT OF LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL EQUIPMENT
EXHIBIT 23 IMPACT OF HIGH DEMAND FOR USED & RENTAL AGRI EQUIPMENT
EXHIBIT 24 IMPACT OF CLIMATE CHANGE ADVERSELY IMPACTS AGRICULTURAL ACTIVITIES
EXHIBIT 25 FACTORS DRIVING DEMAND FOR AGRICULTURAL EQUIPMENT
EXHIBIT 26 US AGRICULTURAL EQUIPMENT MARKET 2022–2028 (UNITS)
EXHIBIT 27 FIVE FORCES ANALYSIS (2022)
EXHIBIT 28 INCREMENTAL GROWTH BY EQUIPMENT TYPE 2022 & 2028
EXHIBIT 29 US AGRICULTURAL EQUIPMENT MARKET BY EQUIPMENT TYPE 2020-2028 (%)
EXHIBIT 30 HORSEPOWER SEGMENT OVERVIEW (2022)
EXHIBIT 31 US AGRICULTURAL TRACTOR MARKET 2020–2028 (UNITS)
EXHIBIT 32 INCREMENTAL GROWTH BY PLANTING EQUIPMENT 2022 & 2028
EXHIBIT 33 CLASSIFICATION OF PLANTING EQUIPMENT
EXHIBIT 34 US AGRICULTURAL PLANTING EQUIPMENT MARKET 2020–2028 (UNITS)
EXHIBIT 35 US AGRICULTURAL SEEDER MARKET 2020–2028 (UNITS)
EXHIBIT 36 US AGRICULTURAL PLANTER MARKET 2020–2028 (UNITS)
EXHIBIT 37 US AGRICULTURAL TRANSPLANTER MARKET 2020–2028 (UNITS)
EXHIBIT 38 INCREMENTAL GROWTH BY TILLAGE EQUIPMENT 2022 & 2028
EXHIBIT 39 SEGMENTATION OF TILLAGE EQUIPMENT
EXHIBIT 40 US AGRICULTURAL TILLAGE EQUIPMENT MARKET 2020–2028 (UNITS)
EXHIBIT 41 US AGRICULTURAL PLOUGH MARKET BY 2020–2028 (UNITS)
EXHIBIT 42 US AGRICULTURAL HARROW MARKET 2020–2028 (UNITS)
EXHIBIT 43 US AGRICULTURAL TILLER MARKET 2020–2028 (UNITS)
EXHIBIT 44 INCREMENTAL GROWTH BY HARVESTING EQUIPMENT 2022 & 2028
EXHIBIT 45 CLASSIFICATION OF HARVESTING EQUIPMENT
EXHIBIT 46 US AGRICULTURAL HARVESTING EQUIPMENT MARKET 2020–2028 (UNITS)
EXHIBIT 47 US AGRICULTURAL TRACTOR-MOUNTED HARVESTER MARKET 2020–2028 (UNITS)
EXHIBIT 48 US AGRICULTURAL EQUIPMENT MARKET BY TRAILED FORAGE HARVESTER 2020–2028 (UNITS)
EXHIBIT 49 US AGRICULTURAL EQUIPMENT MARKET BY SELF-PROPELLED COMBINES 2020–2028 (UNITS)
EXHIBIT 50 INCREMENTAL GROWTH BY MOWING EQUIPMENT 2022 & 2028
EXHIBIT 51 SEGMENTATION OF MOWING EQUIPMENT BY MARKET SHARE % (2022&2028)
EXHIBIT 52 US AGRICULTURAL MOWING EQUIPMENT MARKET 2020–2028 (UNITS)
EXHIBIT 53 US AGRICULTURAL MOWER MARKET 2020–2028 (UNITS)
EXHIBIT 54 US AGRICULTURAL WINDROWER MARKET 2020–2028 (UNITS)
EXHIBIT 55 US AGRICULTURAL EQUIPMENT MARKET BY SPRAYER 2020–2028 (UNITS)
EXHIBIT 56 INCREMENTAL GROWTH BY OTHER EQUIPMENT 2022 & 2028
EXHIBIT 57 SEGMENTATION OF OTHER AGRICULTURAL EQUIPMENT MARKET
EXHIBIT 58 US AGRICULTURAL OTHER EQUIPMENT MARKET 2020–2028 (UNITS)
EXHIBIT 59 US AGRICULTURAL LOADER MARKET 2020–2028 (UNITS)
EXHIBIT 60 US AGRICULTURAL BALER MARKET 2020–2028 (UNITS)
EXHIBIT 61 INCREMENTAL GROWTH BY APPLICATION TYPE 2022 & 2028
EXHIBIT 62 US AGRICULTURAL EQUIPMENT MARKET BY LAND DEVELOPMENT AND SEED PREPARATION 2020–2028 (UNITS)
EXHIBIT 63 US AGRICULTURAL EQUIPMENT MARKET BY SOWING AND PLANTING 2020–2028 (UNITS)
EXHIBIT 64 US AGRICULTURAL EQUIPMENT MARKET BY PLANT PROTECTION 2020–2028 (UNITS)
EXHIBIT 65 US AGRICULTURAL EQUIPMENT MARKET BY HARVESTING AND THRESHING 2020–2028 (UNITS)
EXHIBIT 66 US AGRICULTURAL EQUIPMENT MARKET BY POST HARVESTING 2020–2028 (UNITS)
EXHIBIT 67 NET SALES SHARE BY SEGMENTS 2021 (%)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2016−2022
TABLE 3 CROPLAND AS PERCENTAGE OF STATES’ LAND (2021)
TABLE 4 US AGRICULTURAL EQUIPMENT MARKET BY HORSEPOWER TYPE 2022−2028 (UNITS)
TABLE 5 US AGRICULTURAL EQUIPMENT MARKET BY HORSEPOWER TYPE 2022−2028 (%)
TABLE 6 US AGRICULTURAL EQUIPMENT MARKET BY WHEEL-DRIVE TYPE 2022−2028 (UNITS)
TABLE 7 US AGRICULTURAL EQUIPMENT MARKET BY WHEEL-DRIVE TYPE 2022−2028 (%)
TABLE 8 US AGRICULTURAL PLANTING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 9 US AGRICULTURAL PLANTING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 10 US AGRICULTURAL TILLAGE EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 11 US AGRICULTURAL TILLAGE EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 12 US AGRICULTURAL HARVESTING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 13 US AGRICULTURAL HARVESTING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 14 US AGRICULTURAL MOWING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 15 US AGRICULTURAL MOWING EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 16 US AGRICULTURAL OTHER EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 17 US AGRICULTURAL OTHER EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 18 JOHN DEERE: MAJOR PRODUCT OFFERINGS
TABLE 19 CNH INDUSTRIAL: MAJOR PRODUCT OFFERINGS
TABLE 20 AGCO: MAJOR PRODUCT OFFERINGS
TABLE 21 KUBOTA: MAJOR PRODUCT OFFERINGS
TABLE 22 SDF: MAJOR PRODUCT OFFERINGS
TABLE 23 JCB: MAJOR PRODUCT OFFERINGS
TABLE 24 CLAAS: MAJOR PRODUCT OFFERINGS
TABLE 25 MAHINDRA: MAJOR PRODUCT OFFERINGS
TABLE 26 FOTON MOTOR: MAJOR PRODUCT OFFERINGS
TABLE 27 KIOTI: MAJOR PRODUCT OFFERINGS
TABLE 28 SONALIKA: MAJOR PRODUCT OFFERINGS
TABLE 29 YANMAR: MAJOR PRODUCT OFFERINGS
TABLE 30 US AGRICULTURAL EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (UNITS)
TABLE 31 US AGRICULTURAL EQUIPMENT MARKET BY EQUIPMENT TYPE 2022−2028 (%)
TABLE 32 US AGRICULTURAL EQUIPMENT MARKET BY APPLICATION TYPE 2022−2028 (UNITS)
TABLE 33 US AGRICULTURAL EQUIPMENT MARKET BY APPLICATION TYPE 2022−2028 (%)
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