𝐆đĨ𝐨𝐛𝐚đĨ 𝐀𝐠đĢđĸ𝐜𝐮đĨ𝐭𝐮đĢ𝐚đĨ 𝐌𝐚𝐜𝐡đĸ𝐧𝐞đĢ𝐲 𝐌𝐚đĢ𝐤𝐞𝐭 𝐈𝐧đŦđĸ𝐠𝐡𝐭đŦ: 𝐎𝐩𝐩𝐨đĢ𝐭𝐮𝐧đĸ𝐭đĸ𝐞đŦ 𝐚𝐧𝐝 𝐂𝐡𝐚đĨđĨ𝐞𝐧𝐠𝐞đŦ (𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟏)

The global Agricultural Machinery Market was valued at USD 126.60 billion in 2023 and is expected to reach USD 208.40 billion by 2031. This growth represents a robust CAGR of 6.52% from 2024 to 2031. Key factors driving this expansion include rising food demand due to population growth, increased mechanization, technological advancements in machinery, and government initiatives promoting modern farming practices across various regions.

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Agricultural Machinery Market Size, Share & Growth | Report [2031]

Global Agricultural Machinery Market size was estimated at USD 126.60 billion in 2023 and is expected to grow at a CAGR of 6.52% during forecast period 2024-2031.