The coronavirus pandemic and supply chain disruptions around the world has impacted the global agricultural equipment market, which was worth over 103.6 billion U.S. dollars in 2021. In 2030, it is expected that the market for agricultural equipment will be sized at more than 189.4 billion U.S. dollars.
Size of the global agricultural equipment market between 2021 and 2030
(in billion U.S. dollars)
This Statista estimate is based on the 2030 values and the compound annual growth rate from 2022 to 2030 of 8.53 percent, which were provided by the source. An exponential development of the market was assumed.
* Forecast
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Statista. (January 12, 2022). Size of the global agricultural equipment market between 2021 and 2030 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/
Statista. "Size of the global agricultural equipment market between 2021 and 2030 (in billion U.S. dollars)." Chart. January 12, 2022. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/
Statista. (2022). Size of the global agricultural equipment market between 2021 and 2030 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/
Statista. "Size of The Global Agricultural Equipment Market between 2021 and 2030 (in Billion U.S. Dollars)." Statista, Statista Inc., 12 Jan 2022, https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/
Statista, Size of the global agricultural equipment market between 2021 and 2030 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/ (last visited November 22, 2024)
Size of the global agricultural equipment market between 2021 and 2030 (in billion U.S. dollars) [Graph], Statista, January 12, 2022. [Online]. Available: https://www.statista.com/statistics/959744/size-of-the-agricultural-equipment-market/