United States Powered Agriculture Machine Market was valued at USD 15.2 Billion in 2022 and is projected to reach USD 24.0 Billion by 2030, growing at a CAGR of 6.1% from 2024 to 2030.
The US Powered Agriculture Machine Market is experiencing substantial growth as industries continue to rely on advanced machinery to enhance farming efficiency. These machines, which range from tractors to harvesters and sprayers, are essential in transforming traditional farming methods into high-tech, precision-driven processes. Powered agriculture machines have revolutionized agriculture by reducing manual labor and increasing productivity. This surge in demand is driven by the need to meet the rising food consumption due to population growth, climate change, and the desire to boost agricultural output.
Among the key drivers of this market, industries are increasingly adopting powered machines for their efficiency and cost-effectiveness. Farms across the United States are investing in these machines to reduce labor costs and improve crop yields. Powered agriculture machines allow farmers to cover large areas in a fraction of the time, resulting in quicker harvests, better crop management, and ultimately, higher profits. The growing emphasis on sustainable farming practices also plays a role, as many of these machines incorporate eco-friendly technologies that reduce emissions and optimize resource usage.
The demand for these machines is further bolstered by the technological advancements that improve their capabilities. Smart tractors, for example, use GPS technology to provide precision farming, which leads to better resource allocation, lower input costs, and higher yields. This trend is increasingly gaining traction among farmers who are looking to minimize waste and increase profitability. Moreover, automation and robotics are making their way into the powered agriculture machine market, offering farmers even more control over their operations.
In addition to agriculture, industries such as construction, forestry, and landscaping also depend on powered agriculture machines for their operations. For instance, land preparation and clearing are significantly more efficient with machines that have specialized attachments for various tasks. The adaptability of these machines across industries is driving further growth in the market, with a rising trend toward multifunctionality and durability.
The growing requirement for powered agriculture machines from various industries showcases their importance in modernizing agricultural practices, creating a pathway toward a more sustainable and productive farming future.
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Agco Corporation
CNH Industrial
Deere & Company
Kubota Corporation
Claas Group
Alamo Group
Escorts Group
Mahindra & Mahindra
Same Deutz-Fahr Group
Iseki
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Powered Agriculture Machine Market
Tractors
Harvesters
Sprayers
Tillers
Plows
Seeders
Conventional Machinery
Precision Agriculture Technology
Autonomous Agriculture Machines
Electric-Powered Equipment
Hybrid Machinery
Small-scale Farmers
Large-scale Commercial Farmers
Agricultural Cooperatives
Government and Public Sector
Agricultural Contractors
Crop Production
Livestock Farming
Agricultural Operations
Forestry and Logging
Aquaculture
Diesel
Gasoline
Electric
Biomass
Hybrid
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Powered Agriculture Machine Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Powered Agriculture Machine Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Powered Agriculture Machine Market, By Type
6. US Powered Agriculture Machine Market, By Application
7. US Powered Agriculture Machine Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Powered Agriculture Machine Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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