+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

United States Agricultural Machinery Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033

  • PDF Icon

    Report

  • 200 Pages
  • April 2025
  • Region: United States
  • Renub Research
  • ID: 5546208
United States Agricultural Machinery Market is expected to reach US$ 67.80 billion by 2033 from US$ 40.20 billion in 2024, with a CAGR of 5.98% from 2025 to 2033. The market for agricultural equipment in the US is booming owing to developments in automation, precision farming, and sustainability. Tractors, harvesters, and planting equipment are important industries. The growing need for cost-effective, productive, and efficient farming solutions is driving growth.

United States Agricultural Machinery Market Report by Machinery Type (Irrigation Machinery, Tractors, Ploughing and Cultivation Machinery, Harvesting Machinery, Haying and Forage Machinery, Planting Machinery, Sprayer), Irrigation Machinery (Gravity Irrigation, Miro-Irrigation, Sprinkler), Tractors by Engine Power (Less than 40 HP, 41 to 100 HP, More than 100 HP), Ploughing and Cultivation Machinery (Cultivators and Tillers, Harrows, Ploughs, Others), Harvesting Machinery (Combine Harvesters, Harvesting Robots, Self-Propelled Forage Harvesters), Haying and Forage Machinery (Mowers, Balers, Tedders and Rakes, Forage Harvesters) and Company Analysis 2025-2033

United States Agricultural Machinery Industry Overview

Equipment used in farming to automate processes, boost productivity, and increase efficiency is referred to as agricultural machinery. Tractors, ploughs, harvesters, seeders, sprayers, and irrigation systems are just a few of the many devices that fall under this category. Crop planting, cultivation, irrigating, and harvesting all require less labour thanks to these machines. Their powers have been further expanded by technological developments like GPS, automation, and precision farming, which assist farmers in increasing crop yields, minimising waste, and optimising land use - all of which contribute to the sustainability of contemporary agriculture.

A number of important reasons are driving the expansion of the agricultural machinery market in the United States. Automation, GPS, and precision farming are examples of technological innovations that boost productivity, lower labour costs, and boost agricultural yields. Adoption of machinery is further boosted by the need for sustainable agricultural methods to fulfil the world's expanding food needs and environmental concerns. The market is further stimulated by growing farm sizes and the need for increased production. Market expansion is also aided by government backing for contemporary farming practices, population increase worldwide, and advancements in fuel economy and machinery durability. All of these elements work together to promote ongoing innovation and growth in agricultural machinery.

Growth Drivers for the United States Agricultural Machinery Market

Sustainable Farming Practices

The market for agricultural machinery in the United States is growing due in large part to sustainable farming methods. Farmers are embracing more environmentally friendly technology that save resources and boost productivity as worries about their effects on the environment grow. Equipment that uses less water, produces less chemical runoff, and emits fewer carbon emissions is highly sought after. Precision farming instruments, including GPS-guided equipment, decrease waste by optimising the use of pesticides and fertilisers. Additionally, advancements in no-till agricultural equipment and machinery driven by renewable energy also improve soil health. These ecologically friendly solutions not only satisfy legal standards but also win over eco-aware customers, which propels market expansion.

Rising Food Demand

Growing food demand is one of the main factors propelling the agricultural machinery industry in the United States. Food production needs to become more efficient as the world's population grows. Modern equipment is necessary for farmers to increase agricultural yields, lower labour costs, and increase productivity. Farmers can now more precisely cultivate wider areas thanks to equipment like sophisticated tractors, harvesters, and planters. With limited arable land, it is becoming increasingly necessary to use mechanical advances such automated systems, precision planting, and faster harvesting to meet the growing need for food. The need for sophisticated agricultural equipment is fuelled by this push for greater food output.

Technological Advancement

Automation, GPS, and precision agricultural technology are examples of innovations that enable farmers to maximise land usage, boost productivity, and improve efficiency. Automated harvesters and GPS-guided tractors boost planting, watering, and harvesting accuracy while lowering labour expenses. Real-time data collecting on crop performance, soil health, and weather patterns is made possible by precision farming equipment, which aid farmers in making well-informed decisions. These technologies are crucial to contemporary farming methods because they maximise yields and minimise waste, improving sustainability. The need for sophisticated machinery is anticipated to increase as technology develops further.

In December 2022, CNH Industrial expanded its Ag Tech offering in Phoenix, Arizona, and the United States by adding additional Automation and Autonomy Solutions. With the support of Case IH and New Holland's Baler Automation and Raven's New Driverless Tillage and Driver Assist Harvest solutions, farmers may overcome their biggest production obstacles and benefit from automation and autonomous equipment improvements.

Challenges in the United States Agricultural Machinery Market

Maintenance and Repair Costs

Costs associated with maintenance and repairs are a serious problem for the US agricultural machinery business. Repairing machinery grows more complicated as technology advances, frequently necessitating specialised parts and knowledge. For farmers, this can result in significant operating expenses, particularly for small-scale businesses. Farming schedules are sometimes disrupted by equipment failures, which lowers production. Furthermore, finding qualified personnel for upkeep and repairs can be challenging, which drives up expenses and reduces productivity in the agriculture industry.

High Initial Costs

The U.S. agricultural machinery business has significant challenges due to high beginning prices. Because they need a large initial investment, advanced equipment like automated tractors, harvesters, and precision farming instruments are out of reach for small and medium-sized farms. The adoption of new technology may be constrained by these exorbitant costs, which would delay the shift to more sustainable and productive farming methods. The initial cost of these devices is still a major barrier for many farmers, even if they provide long-term savings and productivity increases.

United States Agricultural Machinery Market Segments:

Machinery Type

1. Irrigation Machinery
2. Tractors
3. Ploughing and Cultivation Machinery
4. Harvesting Machinery
5. Haying and Forage Machinery
6. Planting Machinery
7. Sprayer

Irrigation Machinery

1. Gravity Irrigation
2. Miro-Irrigation
3. Sprinkler

Tractors of Engine Power

1. Less than 40 HP
2. 41 to 100 HP
3. More than 100 HP

Ploughing and Cultivation Machinery

1. Cultivators and Tillers
2. Harrows
3. Ploughs
4. Others

Harvesting Machinery

1. Combine Harvesters
2. Harvesting Robots
3. Self-Propelled Forage Harvesters

Haying and Forage Machinery

1. Mowers
2. Balers
3. Tedders and Rakes
4. Forage Harvesters

All companies have been covered from 5 viewpoints:

  • Company Overview
  • Key Persons
  • Product Portfolio
  • Recent Development
  • Sales Analysis

Company Analysis

1. John Deere's
2. CNH Industrial
3. AGCO Corporation.

4. KUBOTA Corporation.

5. Titan Machinery Inc.

6. CLASS
7. Lindsay Corporation
8. Alamo Group Inc.

Table of Contents

1. Introduction2. Research & Methodology3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Agricultural Machinery Market
6. Market Share Analysis
6.1 By Machinery Type
6.1.1 Irrigation Machinery
6.1.2 Tractor by Power Engine
6.1.3 Ploughing and Cultivation
6.1.4 Harvesting Machinery
6.1.5 Haying and Forage Machinery
7. Machinery Type
7.1 Irrigation Machinery
7.2 Tractors
7.3 Ploughing and Cultivation Machinery
7.4 Harvesting Machinery
7.5 Haying and Forage Machinery
7.6 Planting Machinery
7.7 Sprayer
8. Irrigation Machinery
8.1 Gravity Irrigation
8.2 Miro-Irrigation
8.3 Sprinkler
9. Tractors by Engine Power
9.1 Less than 40 HP
9.2 41 to 100 HP
9.3 More than 100 HP
10. Ploughing and Cultivation Machinery
10.1 Cultivators and Tillers
10.2 Harrows
10.3 Ploughs
10.4 Others
11. Harvesting Machinery
11.1 Combine Harvesters
11.2 Harvesting Robots
11.3 Self-Propelled Forage Harvesters
12. Haying and Forage Machinery
12.1 Mowers
12.2 Balers
12.3 Tedders and Rakes
12.4 Forage Harvesters
13. Porter’s Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Rivalry
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14. SWOT Analysis
14.1 Strength
14.2 Weakness
14.3 Opportunity
14.4 Threat
15. Key Players Analysis
15.1 John Deere's
15.1.1 Overview
15.1.2 Key Persons
15.1.3 Product Portfolio
15.1.4 Recent Development & Strategies
15.1.5 Revenue Analysis
15.2 CNH Industrial
15.2.1 Overview
15.2.2 Key Persons
15.2.3 Product Portfolio
15.2.4 Recent Development & Strategies
15.2.5 Revenue Analysis
15.3 AGCO Corporation.
15.3.1 Overview
15.3.2 Key Persons
15.3.3 Product Portfolio
15.3.4 Recent Development & Strategies
15.3.5 Revenue Analysis
15.4 KUBOTA Corporation.
15.4.1 Overview
15.4.2 Key Persons
15.4.3 Product Portfolio
15.4.4 Recent Development & Strategies
15.4.5 Revenue Analysis
15.5 Titan Machinery Inc.
15.5.1 Overview
15.5.2 Key Persons
15.5.3 Product Portfolio
15.5.4 Recent Development & Strategies
15.5.5 Revenue Analysis
15.6 CLASS
15.6.1 Overview
15.6.2 Key Persons
15.6.3 Product Portfolio
15.6.4 Recent Development & Strategies
15.6.5 Revenue Analysis
15.7 Lindsay Corporation
15.7.1 Overview
15.7.2 Key Persons
15.7.3 Product Portfolio
15.7.4 Recent Development & Strategies
15.7.5 Revenue Analysis
15.8 ALAMO GROUP INC.
15.8.1 Overview
15.8.2 Key Persons
15.8.3 Product Portfolio
15.8.4 Recent Development & Strategies
15.8.5 Revenue Analysis

Companies Mentioned

  • John Deere's
  • CNH Industrial
  • AGCO Corporation.
  • KUBOTA Corporation.
  • Titan Machinery Inc.
  • CLASS
  • Lindsay Corporation
  • Alamo Group Inc.

Methodology

In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.

Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.

Primary Research

The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develop the analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth, and forecast

The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:

  • Chief executives and VPs of leading corporations specific to the industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
  • Key opinion leaders (KOLs)

Secondary Research

The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, webcasts, and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
 

Loading
LOADING...

Table Information