- Farm equipment refers to all the technology and machinery that is required or demanded by the farmers to undertake agricultural activities
- This equipment or machinery helps the farmers to generate greater profits as they help to increase the output of the farm and subsequently improve the quality of the produce. This equipment is easy to use and saves the farmers a lot of time
- Asia-Pacific is expected to dominate the farm equipment market due to growing infrastructure and distribution networks facilitate the accessibility of farm equipment to rural areas
- Europe is expected to be the fastest growing region in the farm equipment market during the forecast period due to emphasis on sustainable farming practices and eco-friendly equipment drives market growth
- 31-60 horsepower segment is expected to dominate the market with a market share of 34.5% due to their versatility in tasks such as ploughing, sowing, and hauling
