Dublin, May 02, 2025 (GLOBE NEWSWIRE) -- The "United States Agricultural Machinery Market Size and Share Analysis - Growth Trends and Forecast Report 2025-2033" has been added to ResearchAndMarkets.com's offering.
The United States Agricultural Machinery Market is expected to reach US$ 67.80 billion by 2033 from US$ 40.20 billion in 2024, with a CAGR of 5.98% from 2025 to 2033. The market for agricultural equipment in the US is booming owing to developments in automation, precision farming, and sustainability. Tractors, harvesters, and planting equipment are important industries. The growing need for cost-effective, productive, and efficient farming solutions is driving growth.
Sustainable Farming Practices
The market for agricultural machinery in the United States is growing due in large part to sustainable farming methods. Farmers are embracing more environmentally friendly technology that save resources and boost productivity as worries about their effects on the environment grow. Equipment that uses less water, produces less chemical runoff, and emits fewer carbon emissions is highly sought after. Precision farming instruments, including GPS-guided equipment, decrease waste by optimising the use of pesticides and fertilisers. Additionally, advancements in no-till agricultural equipment and machinery driven by renewable energy also improve soil health. These ecologically friendly solutions not only satisfy legal standards but also win over eco-aware customers, which propels market expansion.
Rising Food Demand
Growing food demand is one of the main factors propelling the agricultural machinery industry in the United States. Food production needs to become more efficient as the world's population grows. Modern equipment is necessary for farmers to increase agricultural yields, lower labour costs, and increase productivity. Farmers can now more precisely cultivate wider areas thanks to equipment like sophisticated tractors, harvesters, and planters. With limited arable land, it is becoming increasingly necessary to use mechanical advances such automated systems, precision planting, and faster harvesting to meet the growing need for food. The need for sophisticated agricultural equipment is fuelled by this push for greater food output.
Technological Advancement
Automation, GPS, and precision agricultural technology are examples of innovations that enable farmers to maximise land usage, boost productivity, and improve efficiency. Automated harvesters and GPS-guided tractors boost planting, watering, and harvesting accuracy while lowering labour expenses. Real-time data collecting on crop performance, soil health, and weather patterns is made possible by precision farming equipment, which aid farmers in making well-informed decisions. These technologies are crucial to contemporary farming methods because they maximise yields and minimise waste, improving sustainability. The need for sophisticated machinery is anticipated to increase as technology develops further.
In December 2022, CNH Industrial expanded its Ag Tech offering in Phoenix, Arizona, and the United States by adding additional Automation and Autonomy Solutions. With the support of Case IH and New Holland's Baler Automation and Raven's New Driverless Tillage and Driver Assist Harvest solutions, farmers may overcome their biggest production obstacles and benefit from automation and autonomous equipment improvements.
Maintenance and Repair Costs
Costs associated with maintenance and repairs are a serious problem for the US agricultural machinery business. Repairing machinery grows more complicated as technology advances, frequently necessitating specialised parts and knowledge. For farmers, this can result in significant operating expenses, particularly for small-scale businesses. Farming schedules are sometimes disrupted by equipment failures, which lowers production. Furthermore, finding qualified personnel for upkeep and repairs can be challenging, which drives up expenses and reduces productivity in the agriculture industry.
High Initial Costs
The U.S. agricultural machinery business has significant challenges due to high beginning prices. Because they need a large initial investment, advanced equipment like automated tractors, harvesters, and precision farming instruments are out of reach for small and medium-sized farms. The adoption of new technology may be constrained by these exorbitant costs, which would delay the shift to more sustainable and productive farming methods. The initial cost of these devices is still a major barrier for many farmers, even if they provide long-term savings and productivity increases.
Key Company Analysis: Company Overview, Key Persons, Product Portfolio, Recent Developments, Sales Analysis
- John Deere's
- CNH Industrial
- AGCO Corporation
- KUBOTA Corporation
- Titan Machinery Inc.
- CLASS
- Lindsay Corporation
- Alamo Group Inc.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 200 |
| Forecast Period | 2024-2033 |
| Estimated Market Value (USD) in 2024 | $40.2 Billion |
| Forecasted Market Value (USD) by 2033 | $67.8 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | United States |
Key Topics Covered
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. United States Agricultural Machinery Market
6. Market Share Analysis
6.1 By Machinery Type
6.1.1 Irrigation Machinery
6.1.2 Tractor by Power Engine
6.1.3 Ploughing and Cultivation
6.1.4 Harvesting Machinery
6.1.5 Haying and Forage Machinery
7. Machinery Type
7.1 Irrigation Machinery
7.2 Tractors
7.3 Ploughing and Cultivation Machinery
7.4 Harvesting Machinery
7.5 Haying and Forage Machinery
7.6 Planting Machinery
7.7 Sprayer
8. Irrigation Machinery
8.1 Gravity Irrigation
8.2 Miro-Irrigation
8.3 Sprinkler
9. Tractors by Engine Power
9.1 Less than 40 HP
9.2 41 to 100 HP
9.3 More than 100 HP
10. Ploughing and Cultivation Machinery
10.1 Cultivators and Tillers
10.2 Harrows
10.3 Ploughs
10.4 Others
11. Harvesting Machinery
11.1 Combine Harvesters
11.2 Harvesting Robots
11.3 Self-Propelled Forage Harvesters
12. Haying and Forage Machinery
12.1 Mowers
12.2 Balers
12.3 Tedders and Rakes
12.4 Forage Harvesters
13. Porter's Five Forces Analysis
13.1 Bargaining Power of Buyers
13.2 Bargaining Power of Suppliers
13.3 Degree of Rivalry
13.4 Threat of New Entrants
13.5 Threat of Substitutes
14. SWOT Analysis
14.1 Strength
14.2 Weakness
14.3 Opportunity
14.4 Threat
15. Key Players Analysis
For more information about this report visit https://www.researchandmarkets.com/r/gl5i07
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