Dublin, Feb. 06, 2025 (GLOBE NEWSWIRE) — The “Gardening and Agriculture Equipment – Global Strategic Business Report” has been added to ResearchAndMarkets.com’s offering.
The global market for Gardening and Agriculture Equipment was valued at US$49.4 Billion in 2024 and is projected to reach US$66.7 Billion by 2030, growing at a CAGR of 5.2% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as AGCO Corporation, Andreas Stihl AG & Co. KG, Befco, Inc., Briggs & Stratton Corporation, Deere & Company and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
The growth in the gardening and agriculture equipment market is driven by several factors, including technological advancements, changing farming practices, and a surge in consumer demand for home-grown produce. First, technological breakthroughs like autonomous machinery, AI-based decision-making tools, and precision farming equipment have created an entirely new landscape for agricultural efficiency and productivity. These innovations reduce labor costs and enhance output by optimizing every aspect of farming – from planting to harvesting.
Second, the global shift towards sustainable farming practices is increasing the demand for eco-friendly equipment that reduces emissions, minimizes water usage, and promotes soil health. This trend is particularly relevant as the agricultural sector faces growing pressure to adopt greener practices in response to climate change. Moreover, urban farming and the rising popularity of community gardens are fueling the demand for smaller, more versatile gardening tools and equipment that fit compact spaces. The COVID-19 pandemic further amplified the desire for self-sufficiency, with more people engaging in home gardening, driving up the market for gardening tools and small-scale agricultural equipment.
Finally, government subsidies and financial incentives for modernizing farming equipment are encouraging farmers to invest in cutting-edge technologies, driving market expansion. These drivers, combined with the growing awareness of food security and sustainable agriculture, are creating robust growth opportunities for gardening and agricultural equipment worldwide.
Report Scope
The report analyzes the Gardening and Agriculture Equipment market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Equipment Type (Walk Behind Wheeled String Trimmers, Chipper & Shredders, Field & Brush Mowers, 3 Point Tractor Implements); Application (Agriculture & Horticulture, Gardening).
Geographic Regions/Countries
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Walk Behind Wheeled String Trimmers segment, which is expected to reach US$20.4 Billion by 2030 with a CAGR of a 5.9%. The Chipper & Shredders segment is also set to grow at 4.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $12.8 Billion in 2024, and China, forecasted to grow at an impressive 8.1% CAGR to reach $15.2 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Gardening and Agriculture Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 42 major companies featured in this Gardening and Agriculture Equipment market report include:
- AGCO Corporation
- Andreas Stihl AG & Co. KG
- Befco, Inc.
- Briggs & Stratton Corporation
- Deere & Company
- EBM Manufacturing
- Generac Power Systems, Inc.
- Hitachi Construction Machinery Co. Ltd.
- Honda Motor Co. Ltd.
- Husqvarna AB
- Kubota Corporation
- KUHN SA
- Mahindra & Mahindra Ltd.
- Ohashi Inc.
- Protero Inc.
- Robert Bosch GmbH
- The Toro Company
Key Attributes
Report Attribute | Details |
No. of Pages | 294 |
Forecast Period | 2024-2030 |
Estimated Market Value (USD) in 2024 | $49.4 Billion |
Forecasted Market Value (USD) by 2030 | $66.7 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Gardening and Agriculture Equipment – Global Key Competitors Percentage Market Share in 2025 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
MARKET TRENDS & DRIVERS
- Technological Advances in Agricultural Machinery to Improve Efficiency
- Impact of Organic Farming Trends on Equipment and Tool Requirements
- Role of Precision Farming in Driving Innovation in Agricultural Equipment
- Growth of Vertical Farming and Its Influence on Equipment Design
- Expansion of Agricultural Equipment Rental Markets
- Increasing Government Subsidies to Support Modern Farming Technologies
- Development of Autonomous and GPS-guided Equipment
- Integration of IoT in Farming Equipment for Enhanced Data-Driven Farming
- Role of Drones in Agriculture and Their Impact on Equipment Sales
- Innovations in Water-saving Irrigation Equipment
- Future Prospects for Robotics in Agriculture
For more information about this report visit https://www.researchandmarkets.com/r/d9cbd7
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- Gardening and Agriculture Equipment Market