Agriculture And Farm Equipment Market to Dominate with Breakthrough Innovations by 2030
The Agriculture and Farm Equipment Market is undergoing a transformative shift, fueled by rising global food demand, labor shortages in agriculture, and rapid adoption of smart farming technologies . From tractor sales to advanced precision farming solutions, the sector is embracing innovation to enhance productivity and sustainability. Global Agriculture and Farm Equipment Market size and share is currently valued at USD 173.04 billion in 2024 and is anticipated to generate an estimated revenue of USD 290.72 billion by 2034, according to the latest study by Polaris Market Research. Besides, the report notes that the market exhibits a robust 5.3% Compound Annual Growth Rate (CAGR) over the forecasted timeframe, 2025 - 2034 Market Overview The agriculture and farm equipment industry comprises a broad spectrum of machinery used to support various farming activities including soil preparation, planting, irrigation, harvesting, and post-...