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United States Agricultural Equipment Market By Size, Share and Forecast 2029 | TechSci Research

United States Agricultural Equipment Market was valued at USD 36.78 billion in 2023 and is anticipated to project significant growth to reach USD 48.67 billion in 2029 with a CAGR of 4.85%.

The expansion of the agricultural equipment market can be attributed to various factors. Primarily, technological advancements and innovation in agricultural machinery have transformed farming practices. The introduction of smart and automated equipment enables farmers to optimize operations, enhance efficiency, and reduce labor costs significantly. These advancements not only boost productivity but also facilitate data-driven decision-making, leading to higher yields and profitability.

Key Market Players

AGCO Corporation
Deere & Company
Daedong-USA, Inc.
Autonomous Tractor Corporation
Escorts Kubota Limited
read more..

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Category: Agriculture
Found: 24.04.2024

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