Farm Equipment Market Size, Share & Trends [2025-2032]
The global farm equipment market is projected to grow from USD 115.58 billion in 2025 to USD 152.79 billion by 2032, at a CAGR of 4.1%.
The farm equipment market has declined from 2022 to 2024 and is expected to continue its trend till 2026–2027. According to a recent report published by the United States Department of Agriculture (USDA), the farm equipment market is primarily driven by a...
Electric Tractor Market Analysis, Trends and Forecast [2030]
The electric tractor market share is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%.
Growing stringency in emission norms and advancements in overall battery technology are primarily driving the developments in electric tractors. Electric tractors offer reduced carbon emissions and lower operational costs, making them attractive options. The electrification...