U.S. Agriculture Equipment Market Size & Outlook, 2026-2033
The agriculture equipment market in the United States is expected to reach a projected revenue of US$ 51,487.5 million by 2033. A compound annual growth rate of 5.25% is expected of the United States agriculture equipment market from 2026 to 2033.
- Enterprise Technology & Automation
- Industrial Automation & Frontier Technologies
- Agriculture Equipment Market Outlook
- Industrial Automation & Frontier Technologies
Revenue, 2025 (US$M)
$35,015.6
Estimate, 2026 (US$M)
$35,985.3
Forecast, 2033 (US$M)
$51,487.5
CAGR, 2026 - 2033
5.3%
Global Market
Related Markets
Prism AI by Grand View ResearchFree to try
Ask a question about the agriculture equipment market
Every figure cited from GVR research
U.S. agriculture equipment market highlights
- The U.S. agriculture equipment market generated a revenue of USD 35,015.6 million in 2025 and is expected to reach USD 51,487.5 million by 2033.
- The U.S. market is expected to grow at a CAGR of 5.25% from 2026 to 2033.
- In terms of segment, tractors was the largest revenue generating product in 2025.
- Harvesters is the most lucrative product segment registering the fastest growth during the forecast period.
Agriculture equipment market data book summary
| Market revenue in 2025 | USD 35,015.6 million |
| Market revenue in 2033 | USD 51,487.5 million |
| Growth rate | 5.25% (CAGR from 2026 to 2033) |
| Largest segment | Tractors |
| Fastest growing segment | Harvesters |
| Historical data | 2021 - 2024 |
| Base year | 2025 |
| Forecast period | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Tractors, Harvesters, Planting Equipment, Irrigation & crop processing equipment, Spraying equipment, Hay & Forage Equipment |
| Key market players worldwide | AGCO Corp, AgriFORCE Growing Systems Ltd, CNH Industrial NV, Deere & Co, Mensch und Maschine Software SE, Iseki & Co Ltd, Kubota Corp, Bucher Industries AG, Mahindra & Mahindra Ltd DR, Masco Corp, First Tractor Co Ltd Class H, AB Science, Valmont Industries Inc |
Other key industry trends
- In terms of revenue, U.S. accounted for 19.9% of the global agriculture equipment market in 2025.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. agriculture equipment market is projected to lead the regional market in terms of revenue in 2033.
- Canada is the fastest growing regional market in North America and is projected to reach USD 17,399.9 million by 2033.
No credit card required*
Publish Date: Jun 27, 2025
Customize the Report
20% free customization
- Include
- Countries, segments, points
- Tailor
- To your product definition
- Extend
- Deeper competitor detail
- Or
- A fully bespoke study
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Agriculture Equipment Market Scope
Agriculture Equipment Market segmentation & scope
Others
Agriculture Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Deere & Co | View profile | 83,000 | One John Deere Place, Moline, IL, United States, 61265 | www.deere.com |
| CNH Industrial NV | View profile | 40,496 | Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD | www.cnhindustrial.com |
| Masco Corp | View profile | 18,000 | 17450 College Parkway, Livonia, MI, United States, 48152 | www.masco.com |
| Valmont Industries Inc | View profile | 11,125 | 15000 Valmont Plaza, Omaha, NE, United States, 68154-5215 | www.valmont.com |
| AGCO Corp | View profile | 27,900 | 4205 River Green Parkway, Duluth, GA, United States, 30096 | www.agcocorp.com |
| Mahindra & Mahindra Ltd DR | View profile | 61,874 | Dr. G. M. Bhosale Marg, Mahindra Towers, 5th Floor, Worli, Mumbai, MH, India, 400 018 | www.mahindra.com |
| AgriFORCE Growing Systems Ltd | View profile | 7 | 800 – 525 West 8th Avenue, Vancouver, BC, Canada, V5Z 1C6 | www.agriforcegs.com |
| Mensch und Maschine Software SE | View profile | 1,157 | Argelsrieder Feld 5, Wessling, BY, Germany, 82234 | www.mum.de |
| Iseki & Co Ltd | View profile | 6,584 | 3-14, Nishi-Nippori 5-chome, Arakawa-ku, Tokyo, Japan, 799-2692 | www.iseki.co.jp |
| Kubota Corp | View profile | 65,532 | 2-47, Shikitsuhigashi 1-Chome, Naniwa-ku, Osaka, Japan, 556-8601 | www.kubota.co.jp |
U.S. Agriculture Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Agriculture Equipment Market Outlook will help companies and investors design strategic landscapes.
Tractors was the largest segment with a revenue share of 36.67% in 2025.
Horizon Databook has segmented the U.S. agriculture equipment market based on tractors, harvesters, planting equipment, irrigation & crop processing equipment, spraying equipment, hay & forage equipment covering the revenue growth of each sub-segment from 2021 to 2033.
- U.S. Agriculture Equipment Market Product Outlook (Revenue, USD Million , 2021-2033)
- Tractors
- Harvesters
- Planting Equipment
- Irrigation & crop processing equipment
- Spraying equipment
- Hay & Forage Equipment
- Others
- U.S. Agriculture Equipment Market Application Outlook (Revenue, USD Million , 2021-2033)
- Land development & seed bed preparation
- Sowing & planting
- Weed cultivation
- Plant protection
- Harvesting & threshing
- Post-harvest & agro processing
Reasons to subscribe to Agriculture Equipment Market Outlook databook
- Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
- Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
- Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
- Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
- Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Agriculture Equipment Market Outlook databook
- Our clientele includes a mix of Agriculture Equipment Market Outlook companies, investment firms, advisory firms & academic institutions.
- 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
- Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
- The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. Agriculture Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into U.S. Agriculture Equipment Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
U.S. Agriculture Equipment Market, 2021-2033 (US$M)
U.S. agriculture equipment market statistics, by product, 2021-2033 (US$M)
