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Argentina Agricultural Machinery Market Size, Share, Report: By Product Type: Tractors, Harvesting Machinery, Plowing and Cultivating Machinery, Planting Machinery, Irrigation Machinery, Haying and Forage Machinery, Others; By Application: Land Development and Seed Bed Preparation, Others; Competitive Landscape; 2024-2032
Argentina Agricultural Machinery Market Outlook
The Argentina agricultural machinery market size is projected to grow at a CAGR of 4.30% between 2024 and 2032.
Key Takeaways
- Argentina's agriculture sector is vital to its economy, contributing significantly to its GDP through the production of soy, wheat, and cereals, among other products, further favouring the Argentina agricultural machinery market growth.
- Investments in research and development and technological progress in the agriculture sector are anticipated to create profitable opportunities for key players in the market.
- The integration of automated machinery such as drones to improve productivity is a recent advancement in the agricultural machinery market of Argentina.
Agricultural machinery plays a crucial role in enhancing farm productivity and yield while minimising wastage. By incorporating cutting-edge technologies, such as precision farming and fertiliser spreaders, these machines effectively reduce wastage and optimise activities like sowing, making efficient use of available space. Additionally, machinery like combine harvesters eliminates the loss of harvested products, thereby improving farming efficiency and ensuring a greater food supply for a larger population.
As per the Argentina agricultural machinery market analysis, tractors are an essential product type due to their ability to efficiently perform a wide range of tasks necessary for successful farming operations. From plowing and planting to harvesting and transporting crops, tractors are indispensable in increasing productivity and ensuring the success of agricultural activities in the country. Argentina is known for its vast agricultural lands, with a significant portion of its economy relying on the production of crops such as soybeans, wheat, corn, and barley. Tractors are crucial in preparing the soil for planting, as well as maintaining and harvesting crops in a timely and efficient manner.
The Argentina agricultural machinery market growth is supported by rapid technological advancements and modernisation of farming practices. Argentina’s agriculture sector has been transforming with the adoption of autonomous agricultural vehicles and systems like drones. Drones are being used in agricultural applications as they are capable of autonomously carrying out tasks such as planting and seeding, and spray applications. This advanced machinery reduces the reliance on manual labour and enhances agricultural productivity. Furthermore, drone technology enables farmers to monitor crop conditions, identify problem areas, and apply pesticides with precision, minimising waste and environmental harm. The adoption of these efficient and modern farming techniques is steadily gaining popularity.
Market Segmentation
“Argentina Agricultural Machinery Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
| Market Breakup | Categories |
| Product Type | Tractors, Harvesting Machinery, Plowing and Cultivating Machinery, Planting Machinery, Irrigation Machinery, Haying and Forage Machinery, Others |
| Application | Land Development and Seed Bed Preparation, Sowing and Planting, Plant Protection and Fertilizing, Harvesting and Threshing, Others |
Competitive Landscape
The market players are focusing on product improvements incorporating advanced technologies, along with partnerships and collaborations to increase their market share
- AGCO Corporation
- NH INDUSTRIAL N.V.
- JC Bamford Excavators Ltd.
- CLAAS KGaA mbH
- KUBOTA Corporation
- Deere & Company
- AGRALE S.A
- Mahindra & Mahindra Ltd
- Orbia Advance Corporation S.A.B. (Netafim Ltd.)
- Yanmar Holdings Co., Ltd.
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Agricultural Machinery Market Overview
8.1 Key Industry Highlights
8.2 Global Agricultural Machinery Historical Market (2018-2022)
8.3 Global Agricultural Machinery Market Forecast (2023-2028)
8.4 Global Agricultural Machinery Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Argentina Agricultural Machinery Market Overview
9.1 Key Industry Highlights
9.2 Argentina Agricultural Machinery Historical Market (2018-2022)
9.3 Argentina Agricultural Machinery Market Forecast (2023-2028)
10 Argentina Agricultural Machinery Market by Product Type
10.1 Tractors
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.1.3 Breakup by Engine Power
10.1.3.1 Less than 40HP
10.1.3.2 41 to 100 HP
10.1.3.3 101 to 150 HP
10.1.3.4 More than 150 HP
10.2 Harvesting Machinery
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.2.3 Breakup by Type
10.2.3.1 Combine Harvesters
10.2.3.2 Forage Harvesters
10.2.3.3 Others
10.3 Plowing and Cultivating Machinery
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Planting Machinery
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Irrigation Machinery
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.6 Haying and Forage Machinery
10.6.1 Historical Trend (2018-2022)
10.6.2 Forecast Trend (2023-2028)
10.7 Others
11 Argentina Agricultural Machinery Market by Application
11.1 Land Development and Seed Bed Preparation
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Sowing and Planting
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Plant Protection and Fertilizing
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Harvesting and Threshing
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Trade Data Analysis (HS Code – 8432, 8433, 8701)
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 AGCO Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 CNH INDUSTRIAL N.V.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 JC Bamford Excavators Ltd.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 CLAAS KGaA mbH
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 KUBOTA Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Deere & Company
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 AGRALE S.A
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Mahindra & Mahindra Ltd.
14.2.8.1 Company Overview
14.2.8.2 Product Portfolio
14.2.8.3 Demographic Reach and Achievements
14.2.8.4 Certifications
14.2.9 Orbia Advance Corporation S.A.B. (Netafim Ltd.)
14.2.9.1 Company Overview
14.2.9.2 Product Portfolio
14.2.9.3 Demographic Reach and Achievements
14.2.9.4 Certifications
14.2.10 Yanmar Holdings Co., Ltd.
14.2.10.1 Company Overview
14.2.10.2 Product Portfolio
14.2.10.3 Demographic Reach and Achievements
14.2.10.4 Certifications
14.2.11 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Agricultural Machinery Market: Key Industry Highlights, 2018 and 2028
2. Argentina Agricultural Machinery Market: Key Industry Highlights, 2018 and 2028
3. Argentina Agricultural Machinery Historical Market: Breakup by Product Type (USD Million), 2018-2022
4. Argentina Agricultural Machinery Market Forecast: Breakup by Product Type (USD Million), 2023-2028
5. Argentina Agricultural Machinery Historical Market: Breakup by Application (USD Million), 2018-2022
6. Argentina Agricultural Machinery Market Forecast: Breakup by Application (USD Million), 2023-2028
7. Major Importing Countries by Volume
8. Major Exporting Countries by Volume
9. Major Importing Countries by Value
10. Major Exporting Countries by Value
11. Argentina Agricultural Machinery Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.30% between 2024 and 2032.
The market is driven by the thriving agriculture sector in Argentina and rising investments in research and development of agricultural machinery integrated with advanced features.
The key trends aiding the market expansion include the introduction of autonomous machinery to perform agricultural operations and modernisation of farming practices.
The major applications are land development and seed bed preparation, sowing and planting, plant protection and fertilizing, and harvesting and threshing, among others.
The major product types include tractors, harvesting machinery, plowing and cultivating machinery, planting machinery, irrigation machinery, and haying and forage machinery, among others.
The key players in the market are AGCO Corporation, CNH INDUSTRIAL N.V., JC Bamford Excavators Ltd., CLAAS KGaA mbH, KUBOTA Corporation, Deere & Company, AGRALE S.A, Mahindra & Mahindra Ltd, Orbia Advance Corporation S.A.B. (Netafim Ltd.), and Yanmar Holdings Co., Ltd., among others.
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