Bangladesh Farm Equipment Market (2026-2032) | Trends, Industry, Segmentation, Share, Analysis, Growth, Size, Revenue, Value & Outlook

Market Forecast By Power Output (<30 HP, 31“70 HP, 71“130 HP, 131“250 HP, >250 HP), By Drive Type (Two-wheel, Four-wheel), By Function (Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others), By Equipment Type (Tractors, Combines, Sprayers, Balers, Others) And Competitive Landscape

Product Code: ETC324572 Publication Date: Aug 2022 Updated Date: Dec 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Ravi Bhandari No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Bangladesh Farm Equipment Market Highlights

Report Name Bangladesh Farm Equipment Market
Forecast period 2026-2032
CAGR 6.2%
Growing Sector Tractors

Topics Covered in Bangladesh Farm Equipment Market Report

Bangladesh Farm Equipment Market report thoroughly covers the market by power output, by drive type, by function and equipment type. The outlook report provides an unbiased and detailed analysis of the on-going Market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Bangladesh Farm Equipment Market Synopsis

Bangladesh Farm Equipment Market is projected to grow in the forecast period. The various factors that are propelling the growth of the market are increasing demand for food, government initiatives and increase in foreign investment in the agricultural market. The aim of improving rural infrastructure has contributed immensely to the growth of the market.

According to 6Wresearch, Bangladesh Farm Equipment Market size is projected to grow at a compound annual growth rate (CAGR) of 6.2% during the forecast period (2026–2032). The market is witnessing significant growth in the recent year due to several key factors. The agricultural sector is a vital part of the economy, providing employment to people and contributing significantly to the GDP of the country. Due to this, there is a need for modern farming equipment that can help farmers improve the production level of the crop. The government has played a major role in driving the demand for farm equipment. The government provides subsidies and offer loans at low-interest rates to enable farmers to purchase the equipment. The advancement in technology has enabled farmers to buy the necessary equipment to optimise the crop production. There are various factors which restrains the growth of the market. The lack of access to finance for farmers to invest in modern equipment is one of the major challenges faced by the market. The lack of awareness among farmers about the modern techniques has hindered the growth of the market and due to this, there is decrees in Bangladesh Farm Equipment Share.

Bangladesh Farm Equipment Market: Key players

These are the key players in the market who have a significant share in the market, leading to increase in Bangladesh Farm Equipment Market Growth.

  • ACI Motors Limited
  • HSTC Limited
  • Walton Hi-Tech Industries Ltd.
  • RANGS Limited
  • BCS Automation Limited
  • Agro Industrial Trust (AIT)
  • Millat Tractors Limited
  • Aman Group

Market By Drive Type

On the basis of drive type the Farm Equipment Market in Bangladesh is segmented into Two-Wheel and Four-Wheel.  Both segments are expected to dominate the market due to their wide use in various farm activities.

Market By Function Type

On the basis of function type, the market is segmented into Plowing & Cultivating, Sowing & Planting, Plant Protection & Fertilizing, Harvesting & Threshing, Others. Plowing & Cultivating will dominate the market due to its fundamental use in the performance of the various task.

Market by Equipment Type

According to Shivankar, Research Manager, 6Wresearch on the basis of Equipment Type, the market is segmented into tractors, Combines, Sprayers, Balers, Others. Tractors are expected to have a dominant share in the market due to its ability to perform various task.

Key Attractiveness of the Report

  • 10 Years of Market Numbers.
  • Historical Data Starting from 2022 to 2025.
  • Base Year: 2025
  • Forecast Data until 2032.
  • Key Performance Indicators Impacting the market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report:

  • Bangladesh Farm Equipment Market Outlook
  • Market Size of Bangladesh Farm Equipment Market, 2025
  • Forecast of Bangladesh Farm Equipment Market, 2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Revenues & Volume for the Period 2022-2032
  • Bangladesh Farm Equipment Market Trend Evolution
  • Bangladesh Farm Equipment Market Drivers and Challenges
  • Bangladesh Farm Equipment Price Trends
  • Bangladesh Farm Equipment Porter's Five Forces
  • Bangladesh Farm Equipment Industry Life Cycle
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Power Output for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By <30 HP for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By 31-70 HP for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By 71-130 HP for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By 131-250 HP for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By >250 HP for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Drive Type for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Two-wheel for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Four-wheel for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Function for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Plowing & Cultivating for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Sowing & Planting for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Plant Protection & Fertilizing for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Harvesting & Threshing for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Others for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Equipment Type for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Tractors for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Combines for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Sprayers for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Balers for the Period 2022-2032
  • Historical Data and Forecast of Bangladesh Farm Equipment Market Revenues & Volume By Others for the Period 2022-2032
  • Bangladesh Farm Equipment Import Export Trade Statistics
  • Market Opportunity Assessment By Power Output
  • Market Opportunity Assessment By Drive Type
  • Market Opportunity Assessment By Function
  • Market Opportunity Assessment By Equipment Type
  • Bangladesh Farm Equipment Top Companies Market Share
  • Bangladesh Farm Equipment Competitive Benchmarking By Technical and Operational Parameters
  • Bangladesh Farm Equipment Company Profiles
  • Bangladesh Farm Equipment Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments

By Power Output

  • 30 HP
  • 31“70 HP
  • 71130 HP
  • 131250 HP
  • >250 HP

By Drive Type

  • Two-Wheel
  • Four-Wheel

By function Type

  • Plowing & Cultivating
  • Sowing & Planting
  • Plant Protection & Fertilizing
  • Harvesting & Threshing
  • Others

By Equipment type

  • Tractors
  • Combines
  • Sprayers
  • Balers
  • Others

Bangladesh Farm Equipment Market (2026-2032): FAQs

ACI Motors Limited, HSTC Limited, Walton Hi-Tech Industries Ltd., RANGS Limited and BCS Automation Limited are the notable players dominating the market.
The various factors that are propelling the growth of the market are increasing demand for food, government initiatives.
The government provides subsidies and offer loans at low-interest rates to enable farmers to purchase the equipment.
The lack of awareness among farmers about the modern techniques has hindered the growth of the market.
6Wresearch actively monitors the Bangladesh Farm Equipment Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Bangladesh Farm Equipment Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Bangladesh Farm Equipment Market Overview
3.1 Bangladesh Country Macro Economic Indicators
3.2 Bangladesh Farm Equipment Market Revenues & Volume, 2022 & 2032F
3.3 Bangladesh Farm Equipment Market - Industry Life Cycle
3.4 Bangladesh Farm Equipment Market - Porter's Five Forces
3.5 Bangladesh Farm Equipment Market Revenues & Volume Share, By Power Output, 2022 & 2032F
3.6 Bangladesh Farm Equipment Market Revenues & Volume Share, By Drive Type, 2022 & 2032F
3.7 Bangladesh Farm Equipment Market Revenues & Volume Share, By Function, 2022 & 2032F
3.8 Bangladesh Farm Equipment Market Revenues & Volume Share, By Equipment Type, 2022 & 2032F
4 Bangladesh Farm Equipment Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.2.1 Increasing adoption of mechanization in agriculture to improve productivity
4.2.2 Government initiatives to promote modern farming techniques
4.2.3 Growth in the agriculture sector leading to higher demand for farm equipment
4.3 Market Restraints
4.3.1 High initial investment cost for farm equipment
4.3.2 Limited access to credit for small-scale farmers to purchase equipment
4.3.3 Lack of awareness and training on the use of modern farm equipment
5 Bangladesh Farm Equipment Market Trends
6 Bangladesh Farm Equipment Market, By Types
6.1 Bangladesh Farm Equipment Market, By Power Output
6.1.1 Overview and Analysis
6.1.2 Bangladesh Farm Equipment Market Revenues & Volume, By Power Output, 2022-2032F
6.1.3 Bangladesh Farm Equipment Market Revenues & Volume, By <30 HP, 2022-2032F
6.1.4 Bangladesh Farm Equipment Market Revenues & Volume, By 31-70 HP, 2022-2032F
6.1.5 Bangladesh Farm Equipment Market Revenues & Volume, By 71-130 HP, 2022-2032F
6.1.6 Bangladesh Farm Equipment Market Revenues & Volume, By 131-250 HP, 2022-2032F
6.1.7 Bangladesh Farm Equipment Market Revenues & Volume, By >250 HP, 2022-2032F
6.2 Bangladesh Farm Equipment Market, By Drive Type
6.2.1 Overview and Analysis
6.2.2 Bangladesh Farm Equipment Market Revenues & Volume, By Two-wheel, 2022-2032F
6.2.3 Bangladesh Farm Equipment Market Revenues & Volume, By Four-wheel, 2022-2032F
6.3 Bangladesh Farm Equipment Market, By Function
6.3.1 Overview and Analysis
6.3.2 Bangladesh Farm Equipment Market Revenues & Volume, By Plowing & Cultivating, 2022-2032F
6.3.3 Bangladesh Farm Equipment Market Revenues & Volume, By Sowing & Planting, 2022-2032F
6.3.4 Bangladesh Farm Equipment Market Revenues & Volume, By Plant Protection & Fertilizing, 2022-2032F
6.3.5 Bangladesh Farm Equipment Market Revenues & Volume, By Harvesting & Threshing, 2022-2032F
6.3.6 Bangladesh Farm Equipment Market Revenues & Volume, By Others, 2022-2032F
6.4 Bangladesh Farm Equipment Market, By Equipment Type
6.4.1 Overview and Analysis
6.4.2 Bangladesh Farm Equipment Market Revenues & Volume, By Tractors, 2022-2032F
6.4.3 Bangladesh Farm Equipment Market Revenues & Volume, By Combines, 2022-2032F
6.4.4 Bangladesh Farm Equipment Market Revenues & Volume, By Sprayers, 2022-2032F
6.4.5 Bangladesh Farm Equipment Market Revenues & Volume, By Balers, 2022-2032F
6.4.6 Bangladesh Farm Equipment Market Revenues & Volume, By Others, 2022-2032F
7 Bangladesh Farm Equipment Market Import-Export Trade Statistics
7.1 Bangladesh Farm Equipment Market Export to Major Countries
7.2 Bangladesh Farm Equipment Market Imports from Major Countries
8 Bangladesh Farm Equipment Market Key Performance Indicators
8.1 Average farm size in Bangladesh
8.2 Percentage of farmers using mechanized farming techniques
8.3 Adoption rate of modern farm equipment in the agriculture sector
9 Bangladesh Farm Equipment Market - Opportunity Assessment
9.1 Bangladesh Farm Equipment Market Opportunity Assessment, By Power Output, 2022 & 2032F
9.2 Bangladesh Farm Equipment Market Opportunity Assessment, By Drive Type, 2022 & 2032F
9.3 Bangladesh Farm Equipment Market Opportunity Assessment, By Function, 2022 & 2032F
9.4 Bangladesh Farm Equipment Market Opportunity Assessment, By Equipment Type, 2022 & 2032F
10 Bangladesh Farm Equipment Market - Competitive Landscape
10.1 Bangladesh Farm Equipment Market Revenue Share, By Companies, 2025
10.2 Bangladesh Farm Equipment Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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