Reports
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200
Continental Drive, Suite 401,
Newark, Delaware - 19713,
United States
Americas
Future Market Insights, Inc.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989, United States
MEA
Future Market Insights
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
W1B 3HH London
United Kingdom
Asia Pacific
Future Market Insights
IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India
The farm equipment market is valued at US$ 114.6 billion in 2024 and is expected to reach US$ 194.0 billion by 2034. Sales of farm equipment are projected to rise at a CAGR of 5.40% over the forecast period.
Attributes | Key Statistics |
---|---|
Farm Equipment Market Value (2024) | US$ 114.6 billion |
Anticipated Market Value (2034) | US$ 194.00 billion |
Estimated Growth (2024 to 2034) | 5.40% CAGR |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The farm equipment market generated an estimated revenue of US$ 82 billion in 2019. In four years, the market grew at a pace of 7.10% and added revenue of US$ 25.70 billion. Several reasons can be attributed to this growth:
The market is anticipated to surpass a valuation of US$ 194.00 billion, expanding at a 5.40% CAGR through 2034. While the market is expected to experience remarkable growth, several restraining factors could adversely affect its development:
The section provides a comparative analysis of three interrelated markets, which are the farm equipment market, the horse-drawn farming equipment market, and the poultry farming equipment market.
The growth rates and the current market valuation have been mentioned in the tables below. The growth factors and critical challenges in the respective markets have also been discussed below. Based on these numbers, the market for poultry farming equipment is anticipated to overpower the other two in the coming future.
Farm Equipment Market:
Attributes | Farm Equipment Market |
---|---|
CAGR (2024 to 2034) | 5.40% |
Market Value (2024) | US$ 114.60 billion |
Growth Factor | Government incentives and subsidies for agricultural mechanization in countries such as India, the United States, and China |
Challenges | The initial upfront investment required to acquire modern and sophisticated farming equipment |
Poultry Farming Equipment Market:
Attributes | Poultry Farming Equipment Market |
---|---|
CAGR (2023 to 2033) | 6.00% |
Market Value (2023) | US$ 3.51 billion |
Growth Factor | The adoption of poultry farming equipment as a result of people's rising inclination for meat consumption |
Challenges | Various diseases such as avian influenza, Newcastle disease, and infectious bronchitis, deter farmers from practising poultry farming |
Horse Drawn Farming Equipment Market:
Attributes | Horse Drawn Farming Equipment Market |
---|---|
CAGR (2023 to 2033) | 5.50% |
Market Value (2023) | US$ 4.48 billion |
Growth Factor | The increasing utilization of horses for agricultural operations in certain areas without access to mechanized equipment |
Challenges | The availability of draft animals like horses is limited and without them, this equipment cannot be operated. |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Depending on the power output, the farm equipment market is bifurcated into < 30 HP, 31-70 HP, 71-130 HP, 131-250 HP, and >250 HP. The <30 HP segment is anticipated to grow at a CAGR of 5.20% through 2034.
Attributes | Details |
---|---|
Top Power Output | <30 HP |
CAGR (2024 to 2034) | 5.20% |
The farm equipment market is categorized by drive type into two-wheel drive and four-wheel drive. The two-wheel drive segment dominates the market and is anticipated to grow at a CAGR of 5.00% through 2034.
Attributes | Details |
---|---|
Top Drive Type | Two-wheel Drive |
CAGR (2024 to 2034) | 5.00% |
The section provides an analysis of the farm equipment market by country, including Japan, China, the United States, South Korea, and the United Kingdom. The table presents the CAGRs for each country through 2034.
Countries | CAGR (2024 to 2034) |
---|---|
South Korea | 7.40% |
Japan | 6.90% |
United Kingdom | 6.60% |
China | 5.90% |
United States | 5.70% |
South Korea is one of the leading countries in the market. The South Korean farm equipment market is anticipated to retain its dominance by progressing at a CAGR of 7.40% until 2034.
Japan also dominates the farm equipment market. The Japanese farm equipment market is anticipated to retain its dominance by progressing at an annual growth rate of 6.90% through 2034.
The United Kingdom, too, dominates the farm equipment market in the international marketplace. The United Kingdom farm equipment market is anticipated to exhibit an annual growth rate of 6.60% through 2034.
China is also one of the leading countries in the global farm equipment market, which is anticipated to register a CAGR of 5.90% through 2034.
The United States, too, leads the farm equipment market. Over the next ten years, the demand for farm equipment is projected to rise at a 5.70% CAGR.
The market for farm equipment is filled with numerous players that cater to small as well as large farmers. Prominent companies in the market include John Deere, AGCO Corporation, CNH Industrial, Kubota Corporation, Mahindra & Mahindra Limited, Claas KGaA mbH, SDF Group, Escorts Group, Yanmar Co., Ltd., and Deutz-Fahr.
These companies offer a wide range of farm equipment and machinery, including tractors, harvesters, implements, and precision agriculture technologies, catering to the diverse needs of farmers. Government bodies also collaborate with these companies to provide affordable yet effective farming equipment to farmers with low per capita income.
Recent Developments
The farm equipment market is expected to be worth US$ 114.60 billion in 2024.
The market is expected to reach a valuation of US$ 194.00 billion by 2034.
The market is expected to rise at a CAGR of 5.40% from 2024 to 2034.
John Deere, AGCO Corporation, CNH Industrial, Kubota Corporation, Mahindra & Mahindra Limited are some of the major players in the market for farm equipment.
The valuation for the farm equipment market was US$ 107.7 billion in 2023.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Power Output 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Power Output, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Power Output, 2024 to 2034 5.3.1. <30 HP 5.3.2. 31-70 HP 5.3.3. 71-130 HP 5.3.4. 131-250 HP 5.3.5. >250 HP 5.4. Y-o-Y Growth Trend Analysis By Power Output, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Power Output, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Drive Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Drive Type, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Drive Type, 2024 to 2034 6.3.1. Two-wheel drive 6.3.2. Four-wheel drive 6.4. Y-o-Y Growth Trend Analysis By Drive Type, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Drive Type, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Equipment Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Equipment Type, 2019 to 2023 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Equipment Type, 2024 to 2034 7.3.1. Tractors 7.3.2. Combines 7.3.3. Others 7.4. Y-o-Y Growth Trend Analysis By Equipment Type, 2019 to 2023 7.5. Absolute $ Opportunity Analysis By Equipment Type, 2024 to 2034 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023 8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. East Asia 8.3.5. South Asia 8.3.6. Oceania 8.3.7. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Power Output 9.2.3. By Drive Type 9.2.4. By Equipment Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Power Output 9.3.3. By Drive Type 9.3.4. By Equipment Type 9.4. Key Takeaways 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Argentina 10.2.1.4. Rest of Latin America 10.2.2. By Power Output 10.2.3. By Drive Type 10.2.4. By Equipment Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Power Output 10.3.3. By Drive Type 10.3.4. By Equipment Type 10.4. Key Takeaways 11. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. Italy 11.2.1.3. France 11.2.1.4. UK 11.2.1.5. Spain 11.2.1.6. Russia 11.2.1.7. BENELUX 11.2.1.8. Rest of Europe 11.2.2. By Power Output 11.2.3. By Drive Type 11.2.4. By Equipment Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Power Output 11.3.3. By Drive Type 11.3.4. By Equipment Type 11.4. Key Takeaways 12. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.2. By Power Output 12.2.3. By Drive Type 12.2.4. By Equipment Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Power Output 12.3.3. By Drive Type 12.3.4. By Equipment Type 12.4. Key Takeaways 13. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. India 13.2.1.2. Thailand 13.2.1.3. Malaysia 13.2.1.4. Indonesia 13.2.1.5. Rest of South Asia 13.2.2. By Power Output 13.2.3. By Drive Type 13.2.4. By Equipment Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Power Output 13.3.3. By Drive Type 13.3.4. By Equipment Type 13.4. Key Takeaways 14. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Power Output 14.2.3. By Drive Type 14.2.4. By Equipment Type 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Power Output 14.3.3. By Drive Type 14.3.4. By Equipment Type 14.4. Key Takeaways 15. MEA Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034 15.2.1. By Country 15.2.1.1. GCC 15.2.1.2. Rest of MEA 15.2.2. By Power Output 15.2.3. By Drive Type 15.2.4. By Equipment Type 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Power Output 15.3.3. By Drive Type 15.3.4. By Equipment Type 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2023 16.1.2.1. By Power Output 16.1.2.2. By Drive Type 16.1.2.3. By Equipment Type 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2023 16.2.2.1. By Power Output 16.2.2.2. By Drive Type 16.2.2.3. By Equipment Type 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2023 16.3.2.1. By Power Output 16.3.2.2. By Drive Type 16.3.2.3. By Equipment Type 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2023 16.4.2.1. By Power Output 16.4.2.2. By Drive Type 16.4.2.3. By Equipment Type 16.5. Argentina 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2023 16.5.2.1. By Power Output 16.5.2.2. By Drive Type 16.5.2.3. By Equipment Type 16.6. Germany 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2023 16.6.2.1. By Power Output 16.6.2.2. By Drive Type 16.6.2.3. By Equipment Type 16.7. Italy 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2023 16.7.2.1. By Power Output 16.7.2.2. By Drive Type 16.7.2.3. By Equipment Type 16.8. France 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2023 16.8.2.1. By Power Output 16.8.2.2. By Drive Type 16.8.2.3. By Equipment Type 16.9. UK 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2023 16.9.2.1. By Power Output 16.9.2.2. By Drive Type 16.9.2.3. By Equipment Type 16.10. Spain 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2023 16.10.2.1. By Power Output 16.10.2.2. By Drive Type 16.10.2.3. By Equipment Type 16.11. Russia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2023 16.11.2.1. By Power Output 16.11.2.2. By Drive Type 16.11.2.3. By Equipment Type 16.12. BENELUX 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2023 16.12.2.1. By Power Output 16.12.2.2. By Drive Type 16.12.2.3. By Equipment Type 16.13. China 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2023 16.13.2.1. By Power Output 16.13.2.2. By Drive Type 16.13.2.3. By Equipment Type 16.14. Japan 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2023 16.14.2.1. By Power Output 16.14.2.2. By Drive Type 16.14.2.3. By Equipment Type 16.15. South Korea 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2023 16.15.2.1. By Power Output 16.15.2.2. By Drive Type 16.15.2.3. By Equipment Type 16.16. India 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2023 16.16.2.1. By Power Output 16.16.2.2. By Drive Type 16.16.2.3. By Equipment Type 16.17. Thailand 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2023 16.17.2.1. By Power Output 16.17.2.2. By Drive Type 16.17.2.3. By Equipment Type 16.18. Malaysia 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2023 16.18.2.1. By Power Output 16.18.2.2. By Drive Type 16.18.2.3. By Equipment Type 16.19. Indonesia 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2023 16.19.2.1. By Power Output 16.19.2.2. By Drive Type 16.19.2.3. By Equipment Type 16.20. Australia 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2023 16.20.2.1. By Power Output 16.20.2.2. By Drive Type 16.20.2.3. By Equipment Type 16.21. New Zealand 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2023 16.21.2.1. By Power Output 16.21.2.2. By Drive Type 16.21.2.3. By Equipment Type 16.22. GCC Countries 16.22.1. Pricing Analysis 16.22.2. Market Share Analysis, 2023 16.22.2.1. By Power Output 16.22.2.2. By Drive Type 16.22.2.3. By Equipment Type 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Power Output 17.3.3. By Drive Type 17.3.4. By Equipment Type 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. ARGO SpA 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. AGCO Corp 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Foton Lovol International Heavy Industries Company Ltd 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. Kuhn Group 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. Kubota Tractor Corp 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Mahindra & Mahindra Ltd. 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Landini 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Netafim Limited 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. Valmont Industries Incorporated 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Alamo Group Incorporated 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034 Table 2: Global Market Volume (Units) Forecast by Region, 2019 to 2034 Table 3: Global Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 4: Global Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 5: Global Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 6: Global Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 7: Global Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 8: Global Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 9: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 10: North America Market Volume (Units) Forecast by Country, 2019 to 2034 Table 11: North America Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 12: North America Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 13: North America Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 14: North America Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 15: North America Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 16: North America Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 18: Latin America Market Volume (Units) Forecast by Country, 2019 to 2034 Table 19: Latin America Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 20: Latin America Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 21: Latin America Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 22: Latin America Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 23: Latin America Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 24: Latin America Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 25: Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 26: Europe Market Volume (Units) Forecast by Country, 2019 to 2034 Table 27: Europe Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 28: Europe Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 29: Europe Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 30: Europe Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 31: Europe Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 32: Europe Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 33: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 34: East Asia Market Volume (Units) Forecast by Country, 2019 to 2034 Table 35: East Asia Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 36: East Asia Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 37: East Asia Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 38: East Asia Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 39: East Asia Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 40: East Asia Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 41: South Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 42: South Asia Market Volume (Units) Forecast by Country, 2019 to 2034 Table 43: South Asia Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 44: South Asia Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 45: South Asia Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 46: South Asia Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 47: South Asia Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 48: South Asia Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 49: Oceania Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 50: Oceania Market Volume (Units) Forecast by Country, 2019 to 2034 Table 51: Oceania Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 52: Oceania Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 53: Oceania Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 54: Oceania Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 55: Oceania Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 56: Oceania Market Volume (Units) Forecast by Equipment Type, 2019 to 2034 Table 57: MEA Market Value (US$ Million) Forecast by Country, 2019 to 2034 Table 58: MEA Market Volume (Units) Forecast by Country, 2019 to 2034 Table 59: MEA Market Value (US$ Million) Forecast by Power Output, 2019 to 2034 Table 60: MEA Market Volume (Units) Forecast by Power Output, 2019 to 2034 Table 61: MEA Market Value (US$ Million) Forecast by Drive Type, 2019 to 2034 Table 62: MEA Market Volume (Units) Forecast by Drive Type, 2019 to 2034 Table 63: MEA Market Value (US$ Million) Forecast by Equipment Type, 2019 to 2034 Table 64: MEA Market Volume (Units) Forecast by Equipment Type, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 2: Global Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 3: Global Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034 Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034 Figure 6: Global Market Volume (Units) Analysis by Region, 2019 to 2034 Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034 Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034 Figure 9: Global Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 10: Global Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 11: Global Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 12: Global Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 13: Global Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 14: Global Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 15: Global Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 16: Global Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 17: Global Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 18: Global Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 19: Global Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 20: Global Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 21: Global Market Attractiveness by Power Output, 2024 to 2034 Figure 22: Global Market Attractiveness by Drive Type, 2024 to 2034 Figure 23: Global Market Attractiveness by Equipment Type, 2024 to 2034 Figure 24: Global Market Attractiveness by Region, 2024 to 2034 Figure 25: North America Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 26: North America Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 27: North America Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 28: North America Market Value (US$ Million) by Country, 2024 to 2034 Figure 29: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 30: North America Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 33: North America Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 34: North America Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 35: North America Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 36: North America Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 37: North America Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 38: North America Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 39: North America Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 40: North America Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 41: North America Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 42: North America Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 43: North America Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 44: North America Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 45: North America Market Attractiveness by Power Output, 2024 to 2034 Figure 46: North America Market Attractiveness by Drive Type, 2024 to 2034 Figure 47: North America Market Attractiveness by Equipment Type, 2024 to 2034 Figure 48: North America Market Attractiveness by Country, 2024 to 2034 Figure 49: Latin America Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 50: Latin America Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 51: Latin America Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 52: Latin America Market Value (US$ Million) by Country, 2024 to 2034 Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 54: Latin America Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 57: Latin America Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 58: Latin America Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 59: Latin America Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 61: Latin America Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 62: Latin America Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 63: Latin America Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 65: Latin America Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 66: Latin America Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 67: Latin America Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 69: Latin America Market Attractiveness by Power Output, 2024 to 2034 Figure 70: Latin America Market Attractiveness by Drive Type, 2024 to 2034 Figure 71: Latin America Market Attractiveness by Equipment Type, 2024 to 2034 Figure 72: Latin America Market Attractiveness by Country, 2024 to 2034 Figure 73: Europe Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 74: Europe Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 75: Europe Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 76: Europe Market Value (US$ Million) by Country, 2024 to 2034 Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 78: Europe Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 81: Europe Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 82: Europe Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 83: Europe Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 84: Europe Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 85: Europe Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 86: Europe Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 87: Europe Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 88: Europe Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 89: Europe Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 90: Europe Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 91: Europe Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 92: Europe Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 93: Europe Market Attractiveness by Power Output, 2024 to 2034 Figure 94: Europe Market Attractiveness by Drive Type, 2024 to 2034 Figure 95: Europe Market Attractiveness by Equipment Type, 2024 to 2034 Figure 96: Europe Market Attractiveness by Country, 2024 to 2034 Figure 97: East Asia Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 98: East Asia Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 99: East Asia Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 100: East Asia Market Value (US$ Million) by Country, 2024 to 2034 Figure 101: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 102: East Asia Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 105: East Asia Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 106: East Asia Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 107: East Asia Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 109: East Asia Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 110: East Asia Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 111: East Asia Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 113: East Asia Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 114: East Asia Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 115: East Asia Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 117: East Asia Market Attractiveness by Power Output, 2024 to 2034 Figure 118: East Asia Market Attractiveness by Drive Type, 2024 to 2034 Figure 119: East Asia Market Attractiveness by Equipment Type, 2024 to 2034 Figure 120: East Asia Market Attractiveness by Country, 2024 to 2034 Figure 121: South Asia Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 122: South Asia Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 123: South Asia Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 124: South Asia Market Value (US$ Million) by Country, 2024 to 2034 Figure 125: South Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 126: South Asia Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 127: South Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 128: South Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 129: South Asia Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 130: South Asia Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 131: South Asia Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 132: South Asia Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 133: South Asia Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 134: South Asia Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 135: South Asia Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 136: South Asia Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 137: South Asia Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 138: South Asia Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 139: South Asia Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 140: South Asia Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 141: South Asia Market Attractiveness by Power Output, 2024 to 2034 Figure 142: South Asia Market Attractiveness by Drive Type, 2024 to 2034 Figure 143: South Asia Market Attractiveness by Equipment Type, 2024 to 2034 Figure 144: South Asia Market Attractiveness by Country, 2024 to 2034 Figure 145: Oceania Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 146: Oceania Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 147: Oceania Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 148: Oceania Market Value (US$ Million) by Country, 2024 to 2034 Figure 149: Oceania Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 150: Oceania Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 151: Oceania Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 152: Oceania Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 153: Oceania Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 154: Oceania Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 155: Oceania Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 156: Oceania Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 157: Oceania Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 158: Oceania Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 159: Oceania Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 160: Oceania Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 161: Oceania Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 162: Oceania Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 163: Oceania Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 164: Oceania Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 165: Oceania Market Attractiveness by Power Output, 2024 to 2034 Figure 166: Oceania Market Attractiveness by Drive Type, 2024 to 2034 Figure 167: Oceania Market Attractiveness by Equipment Type, 2024 to 2034 Figure 168: Oceania Market Attractiveness by Country, 2024 to 2034 Figure 169: MEA Market Value (US$ Million) by Power Output, 2024 to 2034 Figure 170: MEA Market Value (US$ Million) by Drive Type, 2024 to 2034 Figure 171: MEA Market Value (US$ Million) by Equipment Type, 2024 to 2034 Figure 172: MEA Market Value (US$ Million) by Country, 2024 to 2034 Figure 173: MEA Market Value (US$ Million) Analysis by Country, 2019 to 2034 Figure 174: MEA Market Volume (Units) Analysis by Country, 2019 to 2034 Figure 175: MEA Market Value Share (%) and BPS Analysis by Country, 2024 to 2034 Figure 176: MEA Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034 Figure 177: MEA Market Value (US$ Million) Analysis by Power Output, 2019 to 2034 Figure 178: MEA Market Volume (Units) Analysis by Power Output, 2019 to 2034 Figure 179: MEA Market Value Share (%) and BPS Analysis by Power Output, 2024 to 2034 Figure 180: MEA Market Y-o-Y Growth (%) Projections by Power Output, 2024 to 2034 Figure 181: MEA Market Value (US$ Million) Analysis by Drive Type, 2019 to 2034 Figure 182: MEA Market Volume (Units) Analysis by Drive Type, 2019 to 2034 Figure 183: MEA Market Value Share (%) and BPS Analysis by Drive Type, 2024 to 2034 Figure 184: MEA Market Y-o-Y Growth (%) Projections by Drive Type, 2024 to 2034 Figure 185: MEA Market Value (US$ Million) Analysis by Equipment Type, 2019 to 2034 Figure 186: MEA Market Volume (Units) Analysis by Equipment Type, 2019 to 2034 Figure 187: MEA Market Value Share (%) and BPS Analysis by Equipment Type, 2024 to 2034 Figure 188: MEA Market Y-o-Y Growth (%) Projections by Equipment Type, 2024 to 2034 Figure 189: MEA Market Attractiveness by Power Output, 2024 to 2034 Figure 190: MEA Market Attractiveness by Drive Type, 2024 to 2034 Figure 191: MEA Market Attractiveness by Equipment Type, 2024 to 2034 Figure 192: MEA Market Attractiveness by Country, 2024 to 2034
Recommendations
Explore Process Automation Insights
View Reports