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Farm Equipment - Company Evaluation Report, 2025

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    Report

  • 195 Pages
  • June 2025
  • Region: Global
  • Markets and Markets
  • ID: 6108869
The Farm Equipement Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Farm Equipement. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. The publisher's 360 Quadrants evaluated over 100 companies, of which the Top 21 Farm Equipement Companies were categorized and recognized as the quadrant leaders.

Technological innovations in agriculture have been driven by factors such as erratic weather patterns, a growing global population, diverse soil conditions - including moisture levels and water availability - and rising demand for agricultural output. To meet increasing productivity requirements, farmers are increasingly transitioning from traditional methods to mechanized farming solutions.

The adoption of equipment like combine harvesters, rice transplanters, sprayers, and balers is projected to rise in the near future. Government initiatives aimed at encouraging farm mechanization, including subsidies, financial aid, insurance schemes, and support programs, are playing a significant role in accelerating the growth of the farm equipment market. Additionally, advancements in precision farming and the introduction of autonomous tractors through ongoing research and development efforts are expected to elevate agricultural practices to new levels of efficiency and innovation.

The 360 Quadrant maps the Farm Equipement companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Farm Equipement quadrant. The top criteria for product footprint evaluation included By Function (Plowing & Cultivating, Sowing & Planting, Plant Protection and Fertilizing, Harvesting and Threshing and other functions), By Propulsion (Battery Electric, Hybird Electric and Hydrogen), By Equipment Type (Tractors, Combines, Sprayers and Balers), By Power Output (< 30 HP, 31-70 HP, 71-130 HP, 131-250 HP, >250 HP), By Drive Type (Two-wheel drive and Four-Wheel Drive) and By type (Feller Bunchers, Harvesters, Forwarders, Loaders, Skidders and Swing Machines.

Key Players

Key players in the Digital Signature market include major global corporations and specialized innovators such as DEERE & COMPANY, CNH INDUSTRIAL N.V., MAHINDRA&MAHINDRA LTD., AGCO CORPORATION, KUBOTA CORPORATION, CLAAS KGAA MBH, ISEKI & CO., LTD., ESCORTS KUBOTA LIMITED, SDF GROUP, and YANMAR HOLDINGS CO., LTD. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

Top 3 Companies

Deere & Company

Deere & Company (John Deere) leads the market with a diverse product portfolio that includes compact, utility, row-crop, and 4WD tractors. Notably, the company is focusing on expanding its manufacturing capabilities and increasing its presence in North America. For example, it invested USD 13.5 million in 2024 to expand its manufacturing facility in Missouri. Additionally, Deere & Company's strong emphasis on technological innovations, such as its collaboration with Robert Bosch GmbH to develop precision seeding islands with electric tractors, highlights its forward-thinking approach.

CNH Industrial N.V.

CNH Industrial N.V. ranks as a key market player with significant investments in new engine plants and expansions in emerging markets. The company is renowned for its brands like Case IH and New Holland and its robust product offering, which includes tractors and telehandlers. Its strategic focus on compliance with emission norms and regional expansion bolsters its global footprint.

Kubota Corporation

Kubota Corporation is a major contributor to the farm equipment sector, offering products under various brands like Kverneland and Land Pride. The company is lauded for its innovation in smart agriculture systems, supporting farm activities through advanced technologies. With a strong global presence and a commitment to enhancing its product portfolio, Kubota is well-positioned to meet rising demands in precision farming.

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Inclusions and Exclusions
2 Executive Summary
2.1 Report Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Government Support Through Farm Loan Waivers/Credit Finance
3.2.1.2 Oem/Sales Incentives to Support Dealer Services An1 Rental Operations
3.2.1.3 Contract Farming
3.2.1.4 Increase in Farm Mechanization
3.2.2 Restraints
3.2.2.1 Growth of Rental Market
3.2.2.2 High Cost of Equipment in Emerging Economies
3.2.3 Opportunities
3.2.3.1 Growing Adoption of Precision Farming
3.2.3.2 Increasing R&D and Adoption of Electric Tractors
3.2.4 Challenges
3.2.4.1 Rapidly Changing Emission Norms and Mandates
3.3 Trends/Disruptions Impacting Customer Business
3.4 Market Ecosystem
3.5 Patent Analysis
3.5.1 Introduction
3.6 Supply Chain Analysis
3.7 Farm Equipment Market Ecosystem
3.8 Technology Analysis
3.8.1 Key Technologies
3.8.1.1 Farm Equipment Automation
3.8.1.2 Agriculture 5.0
3.8.1.3 Electrification of Tractors
3.8.2 Complementary Technologies
3.8.2.1 Future of Battery Technologies
3.8.2.2 Trends in Rental Industry
3.8.3 Cng Tractors
3.8.4 Adjacent Technologies
3.8.4.1 Precision Farming
3.9 Key Conferences and Events, 2025-2026
3.9.1 Farm Equipment Market: Key Conferences and Events, 2025-2026
4 Competitive Landscape
4.1 Overview
4.2 Key Player Strategies/Right to Win
4.2.1 Overview of Strategies Adopted by Players in Farm Equipment Market
4.3 Revenue Analysis
4.4 Market Share Analysis, 2023
4.5 Farm Equipment Market Outlook, by Country
4.5.1 India
4.5.1.1 Indian Tractor Oem Share Analysis
4.5.2 Us
4.5.2.1 Us Tractor Oem Share Analysis
4.6 Company Valuation
4.7 Financial Metrics, 2024
4.8 Brand/Product Comparison
4.9 Company Evaluation Matrix: Key Players, 2024
4.9.1 Introduction
4.9.2 Stars
4.9.3 Emerging Leaders
4.9.4 Pervasive Players
4.9.5 Participants
4.9.6 Company Footprint: Key Players, 2024
4.9.6.1 Company Footprint
4.9.6.2 Region Footprint
4.9.6.3 Propulsion Footprint
4.9.6.4 Drive Type Footprint
4.9.6.5 Equipment Type Footprint
4.10 Company Evaluation Matrix: Startups/Smes, 2024
4.10.1 Introduction
4.10.2 Progressive Companies
4.10.3 Responsive Companies
4.10.4 Dynamic Companies
4.10.5 Starting Blocks
4.10.6 Competitive Benchmarking, Startups/Smes, 2024
4.10.6.1 Detailed List of Key Startups/Smes
4.11 Competitive Scenario
4.11.1 Product Launches
4.11.2 Deals
4.11.3 Expansions
4.11.4 Other Developments
5 Company Profiles
5.1 Key Players
5.1.1 Deere & Company
5.1.1.1 Business Overview
5.1.1.2 Products/Solutions/Services Offered
5.1.1.3 Recent Developments
5.1.1.3.1 Product Launches
5.1.1.3.2 Deals
5.1.1.3.3 Expansions
5.1.1.3.4 Other Developments
5.1.1.4 Analyst's View
5.1.1.4.1 Right to Win
5.1.1.4.2 Strategic Choices
5.1.1.4.3 Weaknesses and Competitive Threats
5.1.2 Cnh Industrial N.V.
5.1.2.1 Business Overview
5.1.2.2 Products/Solutions/Services Offered
5.1.2.3 Recent Developments
5.1.2.3.1 Product Launches
5.1.2.3.2 Deals
5.1.2.3.3 Expansions
5.1.2.4 Analyst's View
5.1.2.4.1 Right to Win
5.1.2.4.2 Strategic Choices
5.1.2.4.3 Weaknesses and Competitive Threats
5.1.3 Mahindra&Mahindra Ltd.
5.1.3.1 Business Overview
5.1.3.2 Products/Solutions/Services Offered
5.1.3.3 Recent Developments
5.1.3.3.1 Product Launches
5.1.3.3.2 Deals
5.1.3.3.3 Expansions
5.1.3.3.4 Other Developments
5.1.3.4 Analyst's View
5.1.3.4.1 Key Strengths
5.1.3.4.2 Strategic Choices
5.1.3.4.3 Weaknesses and Competitive Threats
5.1.4 Agco Corporation
5.1.4.1 Business Overview
5.1.4.2 Products/Solutions/Services Offered
5.1.4.3 Recent Developments
5.1.4.3.1 Product Launches
5.1.4.3.2 Deals
5.1.4.3.3 Expansions
5.1.4.3.4 Other Developments
5.1.4.4 Analyst's View
5.1.4.4.1 Right to Win
5.1.4.4.2 Strategic Choices
5.1.4.4.3 Weaknesses and Competitive Threats
5.1.5 Kubota Corporation
5.1.5.1 Business Overview
5.1.5.2 Products/Solutions/Services Offered
5.1.5.3 Recent Developments
5.1.5.3.1 Product Launches
5.1.5.3.2 Deals
5.1.5.3.3 Expansions
5.1.5.3.4 Other Developments
5.1.5.4 Analyst's View
5.1.5.4.1 Right to Win
5.1.5.4.2 Strategic Choices
5.1.5.4.3 Weaknesses and Competitive Threats
5.1.6 Claas KGaA Mbh
5.1.6.1 Business Overview
5.1.6.2 Products/Solutions/Services Offered
5.1.6.3 Recent Developments
5.1.6.3.1 Product Launches
5.1.6.3.2 Deals
5.1.6.3.3 Expansions
5.1.6.3.4 Other Developments
5.1.6.4 Analyst's View
5.1.6.4.1 Right to Win
5.1.6.4.2 Strategic Choices
5.1.6.4.3 Weaknesses and Competitive Threats
5.1.7 Iseki & Co., Ltd.
5.1.7.1 Business Overview
5.1.7.2 Products/Solutions/Services Offered
5.1.7.3 Recent Developments
5.1.7.3.1 Product Launches
5.1.7.3.2 Deals
5.1.7.3.3 Expansions
5.1.8 Escorts Kubota Limited
5.1.8.1 Business Overview
5.1.8.2 Products/Solutions/Services Offered
5.1.8.3 Recent Developments
5.1.8.3.1 Product Launches
5.1.8.3.2 Deals
5.1.8.3.3 Expansions
5.1.9 Sdf Group
5.1.9.1 Business Overview
5.1.9.2 Products/Solutions/Services Offered
5.1.9.3 Recent Developments
5.1.9.3.1 Product Launches
5.1.9.3.2 Deals
5.1.9.3.3 Expansions
5.1.9.3.4 Other Developments
5.1.10 Yanmar Holdings Co., Ltd.
5.1.10.1 Business Overview
5.1.10.2 Products/Solutions/Services Offered
5.1.10.3 Recent Developments
5.1.10.3.1 Product Launches
5.1.10.3.2 Deals
5.1.10.3.3 Expansions
5.1.10.3.4 Other Developments
5.2 Other Players
5.2.1 Jcb (Joseph Cyril Bamford Excavators Ltd.)
5.2.2 Tractors and Farm Equipment Limited
5.2.3 Sonalika
5.2.4 Tym Corporation
5.2.5 Daedong Corporation
5.2.6 Exel Industries Ltd.
5.2.7 Bucher Industries Ag
5.2.8 Zetor Tractors A.S.
5.2.9 Argo Tractors S.P.A.
5.2.10 Concern Tractor Plants
5.2.11 Amazonen-Werke H. Dreyer Se & Co. Kg
5.2.12 Alamo Group Inc.
5.2.13 Buhler Industries Inc.
5.2.14 Autonomous Tractor Corporation
5.2.15 Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
5.2.16 China National Machinery Industry Corporation (Sinomach)
5.2.17 Weichai Lovol Intelligent Agricultural Technology Co., Ltd.
5.2.18 Bernard Krone Holding Se & Co. Kg
5.2.19 Vermeer Corporation
5.2.20 Pöttinger Landtechnik GmbH
5.2.21 Minsk Tractor Works
5.2.22 Henan Qianli Machinery Co., Ltd.
5.2.23 Maschio Gaspardo S.P.A.
5.3 Other Players from Forest Equipment Machines
5.3.1 Komatsu Ltd.
5.3.2 Caterpillar
5.3.3 Ponsse Oyj
5.3.4 Tigercat International
6 Appendix
6.1 Research Methodology
6.1.1 Research Data
6.1.1.1 Secondary Data
6.1.1.2 Primary Data
6.1.2 Research Assumptions and Risk Assessment
6.1.3 Research Limitations
6.2 Company Evaluation Matrix: Methodology
List of Tables
Table 1 Inclusions and Exclusions for Farm Equipment Market
Table 2 Characteristics of Transactional and Contract Farming
Table 3 Support from Regional Governments
Table 4 Harvester and Tractor Rental Rates in Us, 2024 (USD)
Table 5 Patent Registrations Related to Farm Equipment Market, 2022-2025
Table 6 Role of Companies in Farm Equipment Market Ecosystem
Table 7 Products Launched by Critical Players for Autonomous and Semi-Autonomous Electric Tractors
Table 8 Crop Data Management Software Applications
Table 9 Funding Provided by Usda and Nsf for Precision Agriculture Research and Development, 2022 to 2025
Table 10 Overview of Strategies Deployed by Key Companies
Table 11 Market Share Analysis, 2024
Table 12 Farm Equipment Market: Region Footprint, 2024
Table 13 Farm Equipment Market: Propulsion Footprint, 2024
Table 14 Farm Equipment Market: Drive Type Footprint, 2024
Table 15 Farm Equipment Market: Equipment Type Footprint, 2024
Table 16 Farm Equipment Market: Detailed List of Key Startups/Smes
Table 17 Farm Equipment Market: Product Launches, January 2021-February 2025
Table 18 Farm Equipment Market: Deals, January 2021-February 2025
Table 19 Farm Equipment Market: Expansions, January 2021-February 2025
Table 20 Farm Equipment Market: Other Developments, January 2021-February 2025
Table 21 Deere & Company: Company Overview
Table 22 Deere & Company: Products/Solutions/Services Offered
Table 23 Deere & Company: Product Launches, January 2021 - February 2025
Table 24 Deere & Company: Deals, January 2021-February 2025
Table 25 Deere & Company: Expansions, January 2021-February 2025
Table 26 Deere & Company: Other Developments, January 2021-February 2025
Table 27 Cnh Industrial N.V.: Company Overview
Table 28 Cnh Industrial N.V.: Products/Solutions/Services Offered
Table 29 Cnh Industrial N.V.: Product Launches, January 2021-February 2025
Table 30 Cnh Industrial N.V.: Deals, January 2021-February 2025
Table 31 Cnh Industries N.V.: Expansions, January 2021-February 2025
Table 32 Mahindra&Mahindra Ltd.: Company Overview
Table 33 Mahindra&Mahindra Ltd: Products/Solutions/Services Offered
Table 34 Mahindra&Mahindra Ltd.: Product Launches, January 2021-February 2025
Table 35 Mahindra&Mahindra Ltd.: Deals, January 2021-February 2025
Table 36 Mahindra&Mahindra Ltd.: Expansions, January 2021-February 2025
Table 37 Mahindra&Mahindra Ltd.: Other Developments, January 2021-February 2025
Table 38 Agco Corporation: Company Overview
Table 39 Agco Corporation: Products/Solutions/Services Offered
Table 40 Agco Corporation: Product Launches, January 2021-February 2025
Table 41 Agco Corporation: Deals, January 2021-February 2025
Table 42 Agco Corporation: Expansions, January 2021-February 2025
Table 43 Agco Corporation: Other Developments, January 2021-February 2025
Table 44 Kubota Corporation: Company Overview
Table 45 Kubota Corporation: Products/Solutions/Services Offered
Table 46 Kubota Corporation: Product Launches, January 2021-February 2025
Table 47 Kubota Corporation: Deals, January 2021-February 2025
Table 48 Kubota Corporation: Expansions, January 2021-February 2025
Table 49 Kubota Corporation: Other Developments, January 2021-February 2025
Table 50 Claas KGaA Mbh: Company Overview
Table 51 Claas KGaA Mbh: Products/Solutions/Services Offered
Table 52 Claas KGaA Mbh: Product Launches, January 2021-February 2025
Table 53 Claas KGaA Mbh: Deals, January 2021-February 2025
Table 54 Claas KGaA Mbh: Expansions, January 2021-February 2025
Table 55 Claas KGaA Mbh: Other Developments, January 2021-February 2025
Table 56 Iseki & Co., Ltd.: Company Overview
Table 57 Iseki & Co., Ltd.: Products/Solutions/Services Offered
Table 58 Iseki & Co., Ltd.: Product Launches, January 2021-February 2025
Table 59 Iseki & Co., Ltd.: Deals, January 2021-February 2025
Table 60 Iseki & Co., Ltd.: Expansions, January 2021-February 2025
Table 61 Escorts Kubota Limited: Company Overview
Table 62 Escorts Kubota Limited: Products/Solutions/Services Offered
Table 63 Escorts Kubota Limited: Product Launches, January 2021-February 2025
Table 64 Escorts Kubota Limited: Deals, January 2021-February 2025
Table 65 Escorts Kubota Limited: Expansions, January 2021-February 2025
Table 66 Sdf Group: Company Overview
Table 67 Sdf Group: Products/Solutions/Services Offered
Table 68 Sdf Group: Product Launches, January 2021-February 2025
Table 69 Sdf Group: Deals, January 2021-February 2025
Table 70 Sdf Group: Expansions, January 2021-February 2025
Table 71 Sdf Group: Other Developments, January 2021-February 2025
Table 72 Yanmar Holdings Co., Ltd.: Company Overview
Table 73 Yanmar Holdings Co., Ltd.: Products/Solutions/Services Offered
Table 74 Yanmar Holdings Co., Ltd.: Product Launches, January 2021-February 2025
Table 75 Yanmar Holdings Co., Ltd.: Deals, January 2021-February 2025
Table 76 Yanmar Holdings Co., Ltd.: Expansions, January 2021-February 2025
Table 77 Yanmar Holdings Co., Ltd.: Other Developments, January 2021-February 2025
Table 78 Jcb: Company Overview
Table 79 Tractors and Farm Equipment Limited: Company Overview
Table 80 Sonalika: Company Overview
Table 81 Tym Corporation: Company Overview
Table 82 Daedong Corporation: Company Overview
Table 83 Exel Industries Ltd.: Company Overview
Table 84 Bucher Industries Ag: Company Overview
Table 85 Zetor Tractors A.S.: Company Overview
Table 86 Argo Tractors S.P.A.: Company Overview
Table 87 Concern Tractor Plants: Company Overview
Table 88 Amazonen-Werke H. Dreyer Se & Co. Kg: Company Overview
Table 89 Alamo Group Inc.: Company Overview
Table 90 Buhler Industries Inc.: Company Overview
Table 91 Autonomous Tractor Corporation: Company Overview
Table 92 Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.: Company Overview
Table 93 China National Machinery Industry Corporation (Sinomach): Company Overview
Table 94 Weichai Lovol Intelligent Agricultural Technology Co., Ltd.: Company Overview
Table 95 Bernard Krone Holding Se & Co. Kg: Company Overview
Table 96 Vermeer Corporation: Company Overview
Table 97 Pöttinger Landtechnik GmbH: Company Overview
Table 98 Minsk Tractor Works: Company Overview
Table 99 Henan Qianli Machinery Co., Ltd.: Company Overview
Table 100 Maschio Gaspardo S.P.A.: Company Overview
Table 101 Komatsu Ltd.: Company Overview
Table 102 Caterpillar: Company Overview
Table 103 Ponsse Oyj: Company Overview
Table 104 Tigercat International: Company Overview
Table 105 Research Assumptions and Risk Assessment
List of Figures
Figure 1 Tractor Sales, by Key Country, 2021-2024
Figure 2 Tractors Segment to Dominate Market During Forecast Period
Figure 3 Drivers, Restraints, Opportunities, and Challenges in Farm Equipment Market
Figure 4 Us Farms Involved in Contracts, 2024
Figure 5 Mechanization Rate and Population Engaged in Agriculture in Significant Geographies, 2023
Figure 6 Revenue Shift for Farm Equipment Market
Figure 7 Farm Equipment Market: Ecosystem Analysis
Figure 8 Farm Equipment Market: Ecosystem Mapping
Figure 9 Patent Analysis, 2016-2025
Figure 10 Supply Chain Analysis: Farm Equipment Market
Figure 11 Comparison of Solid-State Vs. Lithium-Ion Batteries
Figure 12 Revenue Analysis of Top Listed/Public Players, 2019-2023
Figure 13 Farm Equipment Market Share Analysis, 2023
Figure 14 Indian Agriculture Equipment Market, (‘000 Units)
Figure 15 Indian Tractor Oem Share Analysis, 2024
Figure 16 Us Agriculture Equipment Market, (‘000 Units)
Figure 17 Us Tractor Oem Share Analysis, 2024
Figure 18 Company Valuation, 2024 (USD Billion)
Figure 19 Company Financial Metrics, 2024 (USD Billion)
Figure 20 Brand Comparison
Figure 21 Farm Equipment Market: Key Players, 2024
Figure 22 Farm Equipment Market: Company Footprint, 2024
Figure 23 Company Evaluation Matrix: Startups/Smes, 2024
Figure 24 Deere & Company: Company Snapshot, 2024
Figure 25 Cnh Industrial N.V.: Company Snapshot, 2023
Figure 26 Mahindra&Mahindra Ltd: Company Snapshot
Figure 27 Agco Corporation: Company Snapshot, 2023
Figure 28 Kubota Corporation: Company Snapshot, 2023
Figure 29 Claas KGaA Mbh: Company Snapshot, 2024
Figure 30 Iseki & Co., Ltd.: Company Snapshot, 2023
Figure 31 Escorts Kubota Limited: Company Snapshot, 2024
Figure 32 Sdf Group: Company Snapshot
Figure 33 Yanmar Holdings Co., Ltd.: Company Snapshot, 2024
Figure 34 Research Design

Companies Mentioned

  • Deere & Company
  • Cnh Industrial N.V.
  • Mahindra&Mahindra Ltd.
  • Agco Corporation
  • Kubota Corporation
  • Claas KGaA Mbh
  • Iseki & Co., Ltd.
  • Escorts Kubota Limited
  • Sdf Group
  • Yanmar Holdings Co., Ltd.
  • Jcb (Joseph Cyril Bamford Excavators Ltd.)
  • Tractors and Farm Equipment Limited
  • Sonalika
  • Tym Corporation
  • Daedong Corporation
  • Exel Industries Ltd.
  • Bucher Industries Ag
  • Zetor Tractors A.S.
  • Argo Tractors S.P.A.
  • Concern Tractor Plants
  • Amazonen-Werke H. Dreyer Se & Co. Kg
  • Alamo Group Inc.
  • Buhler Industries Inc.
  • Autonomous Tractor Corporation
  • Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
  • China National Machinery Industry Corporation (Sinomach)
  • Weichai Lovol Intelligent Agricultural Technology Co., Ltd.
  • Bernard Krone Holding Se & Co. Kg
  • Vermeer Corporation
  • Pöttinger Landtechnik GmbH
  • Minsk Tractor Works
  • Henan Qianli Machinery Co., Ltd.
  • Maschio Gaspardo S.P.A.
  • Komatsu Ltd.
  • Caterpillar
  • Ponsse Oyj
  • Tigercat International