Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines, Others), By Automation (Automatic, Semiautomatic, Manual), By Business (Original Equipment Manufacturers (OEMs), Aftersales) And Competitive Landscape
Product Code: ETC184677 | Publication Date: May 2021 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
According to 6Wresearch internal database and industry insights, the Europe agriculture equipment market was valued at USD 5.60 billion in 2024 and is projected to reach USD 8.90 billion by 2031, growing at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2031.
Report Name | Europe Agriculture Equipment Market |
Forecast Period | 2025-2031 |
Market Size | USD 8.90 billion by 2031 |
CAGR | 6.2% |
Growing Sector | Agricultural Mechanization |
The Europe agriculture equipment market report thoroughly covers the market by Products and Countries. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high-growth areas, and market drivers to help stakeholders align their strategies with current and future market dynamics.
The Europe agriculture equipment market has been witnessing steady growth across the region. Emerging factors such as government initiatives to boost agricultural productivity, growing mechanization needs, and increasing investments in farming infrastructure are supporting the Europe agriculture equipment market growth. Furthermore, the demand is rising actively due to advanced infrastructure, large-scale commercial agriculture, and technology adoption. Moreover, key equipment types like tractors, harvesters, threshers, pumps, power tillers, and rotavators are contributing to enhancing farm efficiency and boosting market expansion.
Europe Agriculture Equipment Market is expected to grow at a significant CAGR of 6.2% during the forecast period 2025-2031. Several major drivers are driving the robust growth of the Europe agriculture equipment market. Key drivers such as availability of government incentives, growing adoption of mechanized farming practices and rising food demand due to sustainability goals and population growth are supporting the steady growth of the market across the country. Furthermore, government subsidies and programs aimed at modernizing agriculture and promoting environmental sustainability are another key driver encouraging farmers to invest in modern equipment. Additionally, advances in equipment technology, suited for regions' farming conditions, are shaping the market dynamics.
The Europe agriculture equipment market faces several critical challenges even with the steady growth. Issues include strict regulatory compliance requirements, high upfront costs of advanced equipment, and a lack of skilled operators in certain regions pose major challenges affecting the market growth. Furthermore, seasonal farming patterns and climate change effects also pose hurdles by impacting equipment utilisation. Moreover, supply chain complexities and import dependence also drive cost and availability concerns, further hampering the market expansion across the region.
The Europe agriculture equipment market is shaping by several key trends. Key trends such as the invention of electric and hybrid equipment, the growing shift towards precision farming, and multi-functional machines are boosting the market growth. Furthermore, key equipment such as compact tractors and power tillers with lower horsepower are gaining popularity among small farmers, while larger horsepower machines are gaining traction in commercial farms. The rising interest in irrigation pumps and mechanised threshers to improve crop yields and reduce post-harvest losses is another key trend driving market expansion. Moreover, emerging rental and leasing models for agricultural equipment are contributing significantly to the market growth as they are practical solutions to address cost barriers.
The Europe agriculture equipment industry offers various strong and ample investment opportunities for investors seeking long-term growth. Localized manufacturing and assembly facilities, distribution network expansion, and after-sales service improvements offer strong market potential across the region. Furthermore, developing affordable and region-specific equipment models creates promising opportunities as they address the needs of diverse farming communities. Increasing financing options and promoting equipment rental services could attract investors and further stimulate market growth. Moreover, investors can invest in technology integration such as GPS, IoT, and telematics, encouraging stable market growth.
Key companies active in the Europe agriculture equipment market include John Deere, AGCO Corporation, CNH Industrial, CLAAS, and SAME Deutz-Fahr. These players lead the market across regions by focusing on strengthening dealer networks, product localisation, and technology innovation to capture market share. These brands also contribute to the robust market growth.
The government across region has been launching various strict regulations in the Europe agriculture equipment market. Regulatory bodies are increasingly supporting agricultural mechanization through various rules such as subsidies, tax incentives, and skill development programs aim to gain farmer trust, also supporting responsible market growth. Furthermore, these regulations focus on ensuring equipment safety, environmental compliance, and quality standards, which aim to protect end users and encourage sustainable farming practices across the region, also boosting the robust expansion of the market.
The Europe agriculture equipment market is expected to witness strong growth in the future. Increasing mechanization, technological advancements, and government initiatives for sustainable agriculture will likely shape future market dynamics. Furthermore, the rising adoption of digital tools and smart farming solutions will enhance farm management and equipment productivity. Ongoing partnerships between governments, manufacturers, and financial institutions will play a crucial role in meeting affordability and accessibility challenges, further supporting the market growth in the coming years.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Tractors are dominating the Europe agriculture equipment market, driven by increasing mechanization, government subsidy programs supporting tractor adoption, and demand for precision farming equipment across the continent. Tractors with horsepower ranging from 30.1 HP to 70 HP are particularly popular among farmers.
According to Mansi Kaushik, Senior Research Analyst, 6Wresearch, Germany holds the largest Europe agriculture equipment market share, backed by its advanced farming infrastructure, investment in mechanization and expanding commercial farming, growing farming population, and supportive agricultural policies.
The market report provides a detailed analysis of the following market segments:
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 Europe Agriculture Equipment Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Agriculture Equipment Market Revenues & Volume, 2019 & 2029F |
3.3 Europe Agriculture Equipment Market - Industry Life Cycle |
3.4 Europe Agriculture Equipment Market - Porter's Five Forces |
3.5 Europe Agriculture Equipment Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Agriculture Equipment Market Revenues & Volume Share, By Type, 2022 & 2029F |
3.7 Europe Agriculture Equipment Market Revenues & Volume Share, By Automation, 2022 & 2029F |
3.8 Europe Agriculture Equipment Market Revenues & Volume Share, By Business, 2022 & 2029F |
3.9 Europe Agriculture Equipment Market Revenues & Volume Share, By , 2022 & 2029F |
4 Europe Agriculture Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Agriculture Equipment Market Trends |
6 Europe Agriculture Equipment Market, 2019 - 2029 |
6.1 Europe Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
6.2 Europe Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
6.3 Europe Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
7 Germany Agriculture Equipment Market, 2019 - 2029 |
7.1 Germany Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
7.2 Germany Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
7.3 Germany Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
8 United Kingdom Agriculture Equipment Market, 2019 - 2029 |
8.1 United Kingdom Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
8.2 United Kingdom Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
8.3 United Kingdom Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
9 France Agriculture Equipment Market, 2019 - 2029 |
9.1 France Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
9.2 France Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
9.3 France Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
10 Italy Agriculture Equipment Market, 2019 - 2029 |
10.1 Italy Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
10.2 Italy Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
10.3 Italy Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
11 Russia Agriculture Equipment Market, 2019 - 2029 |
11.1 Russia Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
11.2 Russia Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
11.3 Russia Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
12 Spain Agriculture Equipment Market, 2019 - 2029 |
12.1 Spain Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
12.2 Spain Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
12.3 Spain Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
13 Rest of Europe Agriculture Equipment Market, 2019 - 2029 |
13.1 Rest of Europe Agriculture Equipment Market, Revenues & Volume, By Type, 2019 - 2029 |
13.2 Rest of Europe Agriculture Equipment Market, Revenues & Volume, By Automation, 2019 - 2029 |
13.3 Rest of Europe Agriculture Equipment Market, Revenues & Volume, By Business, 2019 - 2029 |
14 Europe Agriculture Equipment Market Key Performance Indicators |
15 Europe Agriculture Equipment Market - Opportunity Assessment |
15.1 Europe Agriculture Equipment Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Agriculture Equipment Market Opportunity Assessment, By Type, 2022 & 2029F |
15.3 Europe Agriculture Equipment Market Opportunity Assessment, By Automation, 2022 & 2029F |
15.4 Europe Agriculture Equipment Market Opportunity Assessment, By Business, 2022 & 2029F |
15.5 Europe Agriculture Equipment Market Opportunity Assessment, By , 2022 & 2029F |
16 Europe Agriculture Equipment Market - Competitive Landscape |
16.1 Europe Agriculture Equipment Market Revenue Share, By Companies, 2022 |
16.2 Europe Agriculture Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |