KGH RESEARCH & ADVISORY

Crop Equipment

Agriculture Equipment Market

Market overview: The global agriculture equipment market was estimated at US $170 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2032 to reach $260 billion by 2032. The global agriculture equipment market is influenced by several factors that aim to improve productivity, efficiency,