Global Farm Machinery Market: Trends, Drivers, and Future Outlook by 2032
The global farm machinery market is undergoing a significant transformation, fueled by rapid technological advancements, rising food demand, and a global push for more efficient and sustainable agricultural practices. According to a recent MarketsandMarkets report, the market is expected to grow from USD 87.7 billion in 2025 to USD 115.1 billion by 2032, at a CAGR of 4.0% during the forecast period.
What’s...
Electric Tractor Market Size, Share, Trends | Forecast Report [2030]
The global electric tractor market size 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...