Asia Pacific Agricultural Machinery Market Size, Share, Growth, Trends, and Industry Analysis: By Category, By Type of Machinery, By Application, By Type of Crop, and Country Forecast 2020-2031
Asia Pacific Agricultural Machinery Market size was valued at US$ 123.49 billion in 2024 and is expected to reach US$ 174.69 billion by 2031, growing at a significant CAGR of 5.1% from 2025-2031. The market is expected to offer healthy growth opportunities due to majority of countries primary income source is agriculture, high adoption of innovative machinery, favourable government subsidies. Shrinking labor force, increased awareness among the farmers regarding advanced agricultural practices is expected to create demand for agricultural machinery.
Rise in technological advancements in agriculture equipment; increase in demand for pre-owned agriculture equipment will accelerate the revenue share. However, lack of skilled professional, high cost of the machinery is expected to dampen growth of agricultural machinery market.
Geographically the Asia pacific Agricultural Machinery market is divided into countries, Japan, China, India, Australia & New Zealand, ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others), South Korea and Rest of Asia-Pacific. Asia Pacific is the largest market for Agricultural Machinery huge population and high dependence on agriculture economy, growing disposable income, Governments of emerging countries in APAC region such as India, Japan, and China are focused on affordable ways for high agriculture production. Key players in the market are entering into the countries like India and China in order to strengthen their market presence and also launching new products frequently.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Market Size in 2024 |
US$ 123.49 billion |
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Market Size in 2031 |
US$ 174.69 billion |
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By Category |
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By Type of Machinery |
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By Application |
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By Type of Crop |
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Asia Pacific agricultural machinery market size was valued at US$ 123.49 billion in 2024 and is expected to reach US$ 174.69 billion by 2031, growing at a significant CAGR of 5.1% from 2025-2031.
The report covers the market data: China, India, Japan, Australia & New Zealand
The market key players are CLAAS, Deere & Company, CNH Industrial, Bernard Krone Holding SE & Co.KG, Agrostroj Pelhrimov A.s, AGCO, Mahindra Group, Valmont Industries Incorporated, China National Machinery Industry Corporation and Concern Tractor Plants
| 1.Executive Summary |
| 2. Asia pacific Agricultural Machinery market Introduction |
| 2.1. Asia pacific Agricultural Machinery market - Taxonomy |
| 2.2. Asia pacific Agricultural Machinery market - Definitions |
| 2.2.1.Category |
| 2.2.2.Type of Machinery |
| 2.2.3.Application |
| 2.2.4.Type of Crop |
| 2.2.5.Country |
| 3. Asia pacific Agricultural Machinery market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Asia pacific Agricultural Machinery market Analysis, 2020-2024 and Forecast 2025-2031 |
| 4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Asia pacific Agricultural Machinery market By Category, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 5.1. Hand Tools |
| 5.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Power Tools |
| 5.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 6. Asia pacific Agricultural Machinery market By Type of Machinery, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 6.1. Tractors |
| 6.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Cultivation Machinery |
| 6.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Ploughing Machinery |
| 6.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Trowel |
| 6.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Manure Spreaders |
| 6.5.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Irrigation Systems |
| 6.6.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 6.7. Sorters |
| 6.7.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.7.3. Market Opportunity Analysis |
| 6.8. Harvesting Machinery |
| 6.8.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.8.3. Market Opportunity Analysis |
| 6.9. Others |
| 6.9.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 6.9.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.9.3. Market Opportunity Analysis |
| 7. Asia pacific Agricultural Machinery market By Application, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 7.1. Cultivation |
| 7.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Planting |
| 7.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Fertilizing and Pest control |
| 7.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Irrigation |
| 7.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Harvesting |
| 7.5.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Hay Making |
| 7.6.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.6.3. Market Opportunity Analysis |
| 7.7. Others |
| 7.7.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 7.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.7.3. Market Opportunity Analysis |
| 8. Asia pacific Agricultural Machinery market By Type of Crop, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 8.1. Forage crops |
| 8.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Grains and Cereals |
| 8.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Vegetable and Fruits |
| 8.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Others |
| 8.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 9. Asia pacific Agricultural Machinery market By Country, 2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 9.1. China |
| 9.1.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 9.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.1.3. Market Opportunity Analysis |
| 9.2. India |
| 9.2.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 9.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.2.3. Market Opportunity Analysis |
| 9.3. Australia and New Zealand (ANZ) |
| 9.3.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 9.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.3.3. Market Opportunity Analysis |
| 9.4. Japan |
| 9.4.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 9.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.4.3. Market Opportunity Analysis |
| 9.5. Rest of APAC |
| 9.5.1. Market Analysis, 2020-2024 and Forecast 2025-2031, (Sales Value USD Million) |
| 9.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 9.5.3. Market Opportunity Analysis |
| 10.China Agricultural Machinery market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 10.1. Category Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Hand Tools |
| 10.1.2.Power Tools |
| 10.2. Type of Machinery Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Tractors |
| 10.2.2.Cultivation Machinery |
| 10.2.3.Ploughing Machinery |
| 10.2.4.Trowel |
| 10.2.5.Manure Spreaders |
| 10.2.6.Irrigation Systems |
| 10.2.7.Sorters |
| 10.2.8.Harvesting Machinery |
| 10.2.9.Others |
| 10.3. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Cultivation |
| 10.3.2.Planting |
| 10.3.3.Fertilizing and Pest control |
| 10.3.4.Irrigation |
| 10.3.5.Harvesting |
| 10.3.6.Hay Making |
| 10.3.7.Others |
| 10.4. Type of Crop Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Forage crops |
| 10.4.2.Grains and Cereals |
| 10.4.3.Vegetable and Fruits |
| 10.4.4.Others |
| 11.India Agricultural Machinery market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 11.1. Category Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Hand Tools |
| 11.1.2.Power Tools |
| 11.2. Type of Machinery Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Tractors |
| 11.2.2.Cultivation Machinery |
| 11.2.3.Ploughing Machinery |
| 11.2.4.Trowel |
| 11.2.5.Manure Spreaders |
| 11.2.6.Irrigation Systems |
| 11.2.7.Sorters |
| 11.2.8.Harvesting Machinery |
| 11.2.9.Others |
| 11.3. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Cultivation |
| 11.3.2.Planting |
| 11.3.3.Fertilizing and Pest control |
| 11.3.4.Irrigation |
| 11.3.5.Harvesting |
| 11.3.6.Hay Making |
| 11.3.7.Others |
| 11.4. Type of Crop Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.Forage crops |
| 11.4.2.Grains and Cereals |
| 11.4.3.Vegetable and Fruits |
| 11.4.4.Others |
| 12.Australia and New Zealand (ANZ) Agricultural Machinery market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 12.1. Category Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Hand Tools |
| 12.1.2.Power Tools |
| 12.2. Type of Machinery Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Tractors |
| 12.2.2.Cultivation Machinery |
| 12.2.3.Ploughing Machinery |
| 12.2.4.Trowel |
| 12.2.5.Manure Spreaders |
| 12.2.6.Irrigation Systems |
| 12.2.7.Sorters |
| 12.2.8.Harvesting Machinery |
| 12.2.9.Others |
| 12.3. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Cultivation |
| 12.3.2.Planting |
| 12.3.3.Fertilizing and Pest control |
| 12.3.4.Irrigation |
| 12.3.5.Harvesting |
| 12.3.6.Hay Making |
| 12.3.7.Others |
| 12.4. Type of Crop Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.Forage crops |
| 12.4.2.Grains and Cereals |
| 12.4.3.Vegetable and Fruits |
| 12.4.4.Others |
| 13.Japan Agricultural Machinery market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 13.1. Category Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Hand Tools |
| 13.1.2.Power Tools |
| 13.2. Type of Machinery Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Tractors |
| 13.2.2.Cultivation Machinery |
| 13.2.3.Ploughing Machinery |
| 13.2.4.Trowel |
| 13.2.5.Manure Spreaders |
| 13.2.6.Irrigation Systems |
| 13.2.7.Sorters |
| 13.2.8.Harvesting Machinery |
| 13.2.9.Others |
| 13.3. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Cultivation |
| 13.3.2.Planting |
| 13.3.3.Fertilizing and Pest control |
| 13.3.4.Irrigation |
| 13.3.5.Harvesting |
| 13.3.6.Hay Making |
| 13.3.7.Others |
| 13.4. Type of Crop Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Forage crops |
| 13.4.2.Grains and Cereals |
| 13.4.3.Vegetable and Fruits |
| 13.4.4.Others |
| 14.Rest of APAC Agricultural Machinery market ,2020-2024 and Forecast 2025-2031 (Sales Value USD Million) |
| 14.1. Category Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.1.1.Hand Tools |
| 14.1.2.Power Tools |
| 14.2. Type of Machinery Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.2.1.Tractors |
| 14.2.2.Cultivation Machinery |
| 14.2.3.Ploughing Machinery |
| 14.2.4.Trowel |
| 14.2.5.Manure Spreaders |
| 14.2.6.Irrigation Systems |
| 14.2.7.Sorters |
| 14.2.8.Harvesting Machinery |
| 14.2.9.Others |
| 14.3. Application Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.3.1.Cultivation |
| 14.3.2.Planting |
| 14.3.3.Fertilizing and Pest control |
| 14.3.4.Irrigation |
| 14.3.5.Harvesting |
| 14.3.6.Hay Making |
| 14.3.7.Others |
| 14.4. Type of Crop Analysis 2020-2024 and Forecast 2025-2031 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 14.4.1.Forage crops |
| 14.4.2.Grains and Cereals |
| 14.4.3.Vegetable and Fruits |
| 14.4.4.Others |
| 15. Competition Landscape |
| 15.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 15.2.1.CLAAS |
| 15.2.2.Deere & Company |
| 15.2.3.CNH Industrial |
| 15.2.4.Bernard Krone Holding SE & Co.KG |
| 15.2.5.Agrostroj Pelhrimov A.s |
| 15.2.6.AGCO |
| 15.2.7.Mahindra Group |
| 15.2.8.Valmont Industries Incorporated |
| 15.2.9.China National Machinery Industry Corporation |
| 15.2.10.Concern Tractor Plants |
| 16. Research Methodology |
| 17. Appendix and Abbreviations |
Key Market Players
Author
Manoj Kumar is a postgraduate in Life Sciences with over seven years of dedicated experience in the fields of animal health and agriculture. His passion lies in unraveling the complexities of these domains through rigorous research and practical insights. Manoj Kumar’s journey has been marked by several key achievements: as a market analyst and competitive intelligence expert, he dissects data to provide actionable insights for global clients. Simultaneously, he champions animal healthcare, diagnosing ailments, and designing preventive care strategies. In the realm of agriculture, his focus on sustainable practices, emphasizing crop nutrition, soil health, and precision agriculture. His holistic approach and commitment to advancing science make him a respected figure in the ever-evolving landscape of life sciences.
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