The global agriculture equipment market size was estimated at USD 195 billion in 2022, and it is expected to reach around USD 376 billion by 2031, registering growth at a compound annual growth rate (CAGR) of 9.2% during the forecast period from 2023 to 20
Agriculture equipment includes the use of tractors, harvesters, plows, and cultivators to assist in various farming activities. The utilization of agriculture equipment assists in obtaining a high crop yield in comparatively less time and with minimum efforts. In addition, the use of automatic and semiautomatic agriculture equipment reduces the necessity of human labor on farms, which in turn...
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