Europe Agriculture Equipment Market Growth, Size, Trends, Revenue, Scope and Future Outlook: SPER Market Research

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Published: Jun 2023	Report ID: AGRI2332	Pages: 1 - 158	Formats^*:
Category : Agriculture

Europe Agriculture Equipment Market Overview

According to SPER Market Research, the Europe Agriculture Equipment Market is estimated to reach USD 108.58 billion by 2033 with a CAGR of 6.29%.

Agriculture equipment plays a vital role in modern farming practices, enabling efficient and productive agricultural operations. These specialized machines and tools are designed to perform tasks such as ploughing, planting, harvesting, and livestock management. From tractors and harvesters to irrigation systems and milking machines, agriculture equipment enhances efficiency, reduces labour requirements, and optimizes crop and livestock production. The use of advanced technology and precision in agriculture equipment ensures precise application of fertilizers, pesticides, and water, minimizing waste and environmental impact. With a focus on sustainability and maximizing yields, agriculture equipment continues to evolve, supporting the global demand for efficient and environmentally friendly farming practices.

Exploring the Growth Drivers of the Europe Agriculture Equipment Industry.

The Europe agriculture equipment market is driven by several factors. The increasing demand for food due to population growth and rising consumption is fuelling the need for advanced machinery to improve productivity and meet food demands. Technological advancements, including precision farming, automation, and robotics, are enhancing agricultural efficiency and reducing labour requirements. Government support in the form of subsidies and financial incentives encourages farmers to invest in modern equipment. The focus on sustainable farming practices drives the demand for equipment that supports conservation and resource efficiency. Additionally, the replacement and modernization of outdated equipment contribute to market growth. These factors collectively contribute to the expansion of the agriculture equipment market in Europe, enabling farmers to meet the challenges of increasing food demand while adopting more sustainable and efficient farming practices.

What challenges does the Europe Agriculture Equipment Market face?

The Europe agriculture equipment market faces several challenges. High initial costs act as a barrier to entry for small-scale farmers. Fragmented farming practices across the region make it difficult to develop standardized solutions. Keeping up with rapid technological advancements and understanding their utilization can be challenging for farmers with limited technical expertise. Limited access to maintenance and repair services, particularly in rural areas, hinders equipment utilization. Seasonal demand fluctuations pose challenges for manufacturers and suppliers in managing production and inventory. Addressing these challenges requires efforts to improve affordability, develop region-specific solutions, provide technical support, enhance maintenance services, and optimize production and inventory management. Collaboration among stakeholders is crucial for overcoming these challenges and ensuring the growth and sustainability of the agriculture equipment market in Europe.

In what ways has the COVID-19 pandemic affected Europe Agriculture Equipment Market?

The COVID-19 pandemic has significantly impacted the Europe agriculture equipment market. Disruptions in global supply chains have affected the availability of raw materials and components, causing delays in production and delivery. Economic uncertainties and restrictions have led to reduced sales and demand as farmers have postponed or scaled back equipment purchases. Farmers' income has been affected by disruptions in markets, supply chains, and labour availability, resulting in decreased purchasing power. Shifts in priorities towards essential activities like food production have led to a decreased demand for new equipment. The pandemic has highlighted the need for automation and efficiency in agriculture. Government support measures and a shift to online platforms have provided some support to the market.

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Scope of the Report:

Report Metric	Details
Market size available for years	2019-2033
Base year considered	2022
Forecast period	2023-2033
Segments covered	By Tractor, By Haymaking, By Harvesting, By Seeding Planting & Fertilizing, By Tillage, By Irrigation & Crop Protection, By Dairy, By Livestock, By Garden Machinery
Regions covered	France, Germany, Italy, Netherlands, Spain, United Kingdom, Rest of Europe.
Companies Covered	AGCO Corporation, Argo Tractors Spa, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, First Tractor Company Limited, Kubota Corporation, KUHN Group, Lely Industries N.V., SDF S.p.A, Yanmar Co. Ltd., Others

Key Target Audience:

Agricultural Contractors
Agricultural Cooperatives
Agricultural Machinery Dealers and Distributors
Equipment Rental Companies
Farmers and Agricultural Enterprises
Government Agencies and Agricultural Institutions
Industry Associations and Trade Shows

Europe Agriculture Equipment Market Segmentation:

1. By Tractor:

Europe Agriculture Equipment Market Value Share and Forecast, By Tractor, 2023-2033
Agricultural tractors < = 49 hp
Agricultural tractors 50-79 hp
Agricultural tractors 80-99 hp
Agricultural tractors 100-120 hp
Agricultural tractors > 120 hp

2. By Harvesting:

Europe Agriculture Equipment Market Value Share and Forecast, By Harvesting, 2023-2033
Balers
Combine harvesters
Root crop harvesters
Self-propelled forage harvesters
Other harvesting machines

3. By Haymaking:

Europe Agriculture Equipment Market Value Share and Forecast, By Haymaking, 2023-2033
Mounted or Trailed Mowers
Other Haymaking Equipment

4. By Tillage:

Europe Agriculture Equipment Market Value Share and Forecast, By Tillage, 2023-2033
Harrows
Ploughs
Scarifiers and cultivators
Other tillage equipment

5. By Region:

France
Germany
Italy
Netherlands
Spain
United Kingdom
Rest of Europe

Key Topics Covered in the Report:

Europe Agriculture Equipment Market Size (FYâ€™2023-FYâ€™2033)
Overview of Europe Agriculture Equipment Market
Segmentation of Europe Agriculture Equipment Market By Tractor (Agricultural tractors <= 49 hp, Agricultural tractors 50-79 hp, Agricultural tractors 80-99 hp, Agricultural tractors 100-120 hp, Agricultural tractors > 120 hp)
Segmentation of Europe Agriculture Equipment Market By Harvesting (Balers, Combine harvesters, Root crop harvesters, Self-propelled forage harvesters, Other harvesting machines)
Segmentation of Europe Agriculture Equipment Market By Haymaking (Mounted or Trailed Mowers, Other Haymaking Equipment)
Segmentation of Europe Agriculture Equipment Market By Tillage (Harrows, Ploughs, Scarifiers and cultivators, Other tillage equipment)
Segmentation of Europe Agriculture Equipment Market By Seeding Planting and Fertilizing (Organic fertilizers spreaders, Mineral fertilizers dispensers, Seeders, planters & Transplanters)
Segmentation of Europe Agriculture Equipment Market By Irrigation and Crop Protection (Mechanical irrigation systems, Portable sprayers, Sprayers, Other crop protection sprayers)
Segmentation of Europe Agriculture Equipment Market By Livestock (Animal food preparation machines, Aviculture Machines, Others breeding equipment.)
Segmentation of Europe Agriculture Equipment Market By Dairy (Milking Machines, Dairy machines and System)
Segmentation of Europe Agriculture Equipment Market By Garden Machinery (Lawn Mowers, Chainsaws, Rototillers or Rotovators, Forestry Equipment)
Statistical view of Europe Agriculture Equipment Market
Growth Analysis of Europe Agriculture Equipment Market
Obstacles and Challenges in Europe Agriculture Equipment Market
Competitive Overview in the Europe Agriculture Equipment Market
Effects of COVID-19 and Demonetization on Europe Agriculture Equipment Market
Details on Recent Investment in Europe Agriculture Equipment Market
Competitive Analysis of Europe Agriculture Equipment Market
Prominent Players in the Europe Agriculture Equipment Market
SWOT Analysis of Europe Agriculture Equipment Market
Europe Agriculture Equipment Market Future Projections and Outlook (FYâ€™2023-FYâ€™2033)
Recommendations from Analyst

1. Introduction

1.1. Scope of the report
1.2. Market segment analysis

2. Research Methodology

2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPERâ€™s internal database
2.1.4. Premium insight from KOLâ€™s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation

3. Executive Summary

4. Market Dynamics

4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Europe Agriculture Equipment Market

5. Market variable and outlook

5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTERâ€™s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis

6. Competitive Landscape

6.1. Europe Agriculture Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Agriculture Equipment Market

7. Europe Agriculture Equipment Market, By Tractor (USD Million)

7.1. Europe Agriculture Equipment Market Value Share and Forecast, By Tractor, 2023-2033
7.2. Agricultural tractors < = 49 hp
7.3. Agricultural tractors 50-79 hp
7.4. Agricultural tractors 80-99 hp
7.5. Agricultural tractors 100-120 hp
7.6. Agricultural tractors > 120 hp

8. Europe Agriculture Equipment Market, By Harvesting (USD Million)

8.1. Europe Agriculture Equipment Market Value Share and Forecast, By Harvesting, 2023-2033
8.2. Balers
8.3. Combine harvesters
8.4. Root crop harvesters
8.5. Self-propelled forage harvesters
8.6. Other harvesting machines

9. Europe Agriculture Equipment Market, By Haymaking (USD Million)

9.1. Europe Agriculture Equipment Market Value Share and Forecast, By Haymaking, 2023-2033
9.2. Mounted or Trailed Mowers
9.3. Other Haymaking Equipment

10. Europe Agriculture Equipment Market, By Tillage (USD Million)

10.1. Europe Agriculture Equipment Market Value Share and Forecast, By Tillage, 2023-2033
10.2. Harrows
10.3. Ploughs
10.4. Scarifiers and cultivators
10.5. Other tillage equipment

11. Europe Agriculture Equipment Market, By Seeding Planting and Fertilizing (USD Million)

11.1. Europe Agriculture Equipment Market Value Share and Forecast, By Seeding, Planting and Fertilizing, 2023-2033
11.2. Mineral fertilizers dispensers
11.3. Organic fertilizers spreaders
11.4. Seeders, planters & Transplanters

12. Europe Agriculture Equipment Market, By Irrigation and Crop Protection (USD Million)

12.1. Europe Agriculture Equipment Market Value Share and Forecast, By Irrigation and Crop Protection, 2023-2033
12.2. Mechanical irrigation systems
12.3. Portable sprayers, with or without motor
12.4. Sprayers, mounted or trailed
12.5. Other crop protection sprayers

13. Europe Agriculture Equipment Market, By Livestock (USD Million)

13.1. Europe Agriculture Equipment Market Value Share and Forecast, By Livestock, 2023-2033
13.2. Animal food preparation machines
13.3. Aviculture Machines
13.4. Others breeding equipment

14. Europe Agriculture Equipment Market, By Dairy (USD Million)

14.1. Europe Agriculture Equipment Market Value Share and Forecast, By Dairy, 2023-2033
14.2. Dairy machines and System
14.3. Milking Machines

15. Europe Agriculture Equipment Market, By Garden Machinery (USD Million)

15.1. Europe Agriculture Equipment Market Value Share and Forecast, By Garden Machinery, 2023-2033
15.2. Chainsaws
15.3. Forestry Equipment
15.4. Lawn Mowers
15.5. Rototillers or Rotovators

16. Europe Agriculture Equipment Market Forecast, 2019-2033 (USD Million)

16.1. Europe Agriculture Equipment Market Size and Market Share

17. Europe Agriculture Equipment Market, By Tractor, 2019-2033 (USD Million)

17.1. Europe Agriculture Equipment Market Size and Market Share By Tractor (2019-2026)
17.2. Europe Agriculture Equipment Market Size and Market Share By Tractor (2027-2033)

18. Europe Agriculture Equipment Market, By Harvesting Equipment, 2019-2033 (USD Million)

18.1. Europe Agriculture Equipment Market Size and Market Share By Harvesting Equipment (2019-2026)
18.2. Europe Agriculture Equipment Market Size and Market Share By Harvesting Equipment (2027-2033)

19. Europe Agriculture Equipment Market, By Haymaking, 2019-2033 (USD Million)

19.1. Europe Agriculture Equipment Market Size and Market Share By Haymaking (2019-2026)
19.2. Europe Agriculture Equipment Market Size and Market Share By Haymaking (2027-2033)

20. Europe Agriculture Equipment Market, By Tillage, 2019-2033 (USD Million)

20.1. Europe Agriculture Equipment Market Size and Market Share By Tillage (2019-2026)
20.2. Europe Agriculture Equipment Market Size and Market Share By Tillage (2027-2033)

21. Europe Agriculture Equipment Market, By Seeding Planting and Fertilizing, 2019-2033 (USD Million)

21.1. Europe Agriculture Equipment Market Size and Market Share By Seeding, Planting and Fertilizing (2019-2026)
21.2. Europe Agriculture Equipment Market Size and Market Share By Seeding, Planting and Fertilizing (2027-2033)

22. Europe Agriculture Equipment Market, By Irrigation and Crop Protection, 2019-2033 (USD Million)

22.1. Europe Agriculture Equipment Market Size and Market Share By Irrigation and Crop Protection (2019-2026)
22.2. Europe Agriculture Equipment Market Size and Market Share By Irrigation and Crop Protection (2027-2033)

23. Europe Agriculture Equipment Market, By Livestock, 2019-2033 (USD Million)

23.1. Europe Agriculture Equipment Market Size and Market Share By Livestock (2019-2026)
23.2. Europe Agriculture Equipment Market Size and Market Share By Livestock (2027-2033)

24. Europe Agriculture Equipment Market, By Dairy, 2019-2033 (USD Million)

24.1. Europe Agriculture Equipment Market Size and Market Share By Dairy (2019-2026)
24.2. Europe Agriculture Equipment Market Size and Market Share By Dairy (2027-2033)

25. Europe Agriculture Equipment Market, By Garden Machinery, 2019-2033 (USD Million)

25.1. Europe Agriculture Equipment Market Size and Market Share By Garden Machinery (2019-2026)
25.2. Europe Agriculture Equipment Market Size and Market Share By Garden Machinery (2027-2033)

26. Europe Agriculture Equipment Market, By Region, 2019-2033 (USD Million)

26.1. Europe Agriculture Equipment Market Size and Market Share By Region (2019-2026)
26.2. Europe Agriculture Equipment Market Size and Market Share By Region (2027-2033)
26.3. France
26.4. Germany
26.5. Italy
26.6. Netherlands
26.7. Spain
26.8. United Kingdom
26.9. Rest of Europe

27. Company Profile

27.1. AGCO Corporation
27.1.1. Company details
27.1.2. Financial outlook
27.1.3. Product summary
27.1.4. Recent developments
27.2. Argo Tractors Spa
27.2.1. Company details
27.2.2. Financial outlook
27.2.3. Product summary
27.2.4. Recent developments
27.3. CLAAS KGaA mbH
27.3.1. Company details
27.3.2. Financial outlook
27.3.3. Product summary
27.3.4. Recent developments
27.4. CNH Industrial N.V.
27.4.1. Company details
27.4.2. Financial outlook
27.4.3. Product summary
27.4.4. Recent developments
27.5. Deere & Company
27.5.1. Company details
27.5.2. Financial outlook
27.5.3. Product summary
27.5.4. Recent developments
27.6. First Tractor Company Limited
27.6.1. Company details
27.6.2. Financial outlook
27.6.3. Product summary
27.6.4. Recent developments
27.7. Kubota Corporation
27.7.1. Company details
27.7.2. Financial outlook
27.7.3. Product summary
27.7.4. Recent developments
27.8. KUHN Group
27.8.1. Company details
27.8.2. Financial outlook
27.8.3. Product summary
27.8.4. Recent developments
27.9. Lely Industries N.V.
27.9.1. Company details
27.9.2. Financial outlook
27.9.3. Product summary
27.9.4. Recent developments
27.10. SDF S.p.A
27.10.1. Company details
27.10.2. Financial outlook
27.10.3. Product summary
27.10.4. Recent developments
27.11. Yanmar Co. Ltd.
27.11.1. Company details
27.11.2. Financial outlook
27.11.3. Product summary
27.11.4. Recent developments
27.12. Others

28. List of Abbreviations

29. Reference Links

30. Conclusion

31. Research Scope

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

SPER-Methodology-1

SPER-Methodology-2

SPER-Methodology-3

Frequently Asked Questions About This Report

How big is Europe Agriculture Equipment Market?

Europe Agriculture Equipment Market is projected to reach USD 108.58 billion by 2033, growing at a CAGR of 6.29% during the forecast period.

What is the growth rate of Europe Agriculture Equipment Market?

Europe Agriculture Equipment Market grew in market size from 2023. The Market is expected to reach USD 108.58 billion by 2033, at a CAGR of 6.29% during the forecast period.

What is the anticipated CAGR of Europe Agriculture Equipment Market during the forecast period?

Europe Agriculture Equipment Market CAGR of 6.29% during the forecast period.

How can I get a sample report on Europe Agriculture Equipment Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of Europe Agriculture Equipment Market?

Europe Agriculture Equipment Market size is USD 108.58 billion from 2023 to 2033.

Which segment is expected to lead Europe Agriculture Equipment Market?

Europe Agriculture Equipment Market Segment is Covered By Tractor, By Haymaking, By Harvesting, By Seeding Planting & Fertilizing, By Tillage, By Irrigation & Crop Protection, By Dairy, By Livestock, By Garden Machinery

Which region is expected to have the highest market share in Europe Agriculture Equipment Market?

The Europe region is anticipated to have the highest market share in Europe Agriculture Equipment Market.

Who are the key players in Europe Agriculture Equipment Market?

The key players in the market include Companies Covered AGCO Corporation, Argo Tractors Spa, CLAAS KGaA mbH, CNH Industrial N.V., Deere & Company, First Tractor Company Limited, Kubota Corporation, KUHN Group, Lely Industries N.V., SDF S.p.A, Yanmar Co. Ltd., Others

What is the conclusion of Europe Agriculture Equipment Market?

The increasing demand for food due to population growth and rising consumption is fuelling the need for advanced machinery to improve productivity and meet food demands.