The Philippines agricultural machinery market was valued at USD 693.90 Million in 2024. The industry is expected to grow at a CAGR of 7.90% during the forecast period of 2025-2034, to attain a valuation of USD 1484.26 Million by 2034.
The Philippines agricultural machinery market plays a vital role in the country's efforts to modernise its agricultural sector, which remains a significant contributor to employment and rural development. As the country seeks to boost productivity and reduce reliance on manual labor, demand for modern machinery such as tractors, harvesters, and irrigation systems is steadily increasing. Government initiatives like the Philippine Mechanization Program, along with support from agencies such as the Department of Agriculture (DA), have spurred mechanisation adoption, particularly among smallholder farmers. In February 2024, the Board of Investments (BOI) in Philippines declared a surge in agricultural investments ranging from PHP 1 billion to PHP 15 billion after the issuance of Fiscal Incentives Review Board (FIRB). These investments are aimed towards adopting new technologies and strengthening food security.
The Philippines agricultural machinery market expansion is further bolstered with the growing dominance of technology for transforming the agricultural space in the country. Advanced solutions, including automated machinery, precision farming, and vertical farming systems are revolutionising the farming practices. Agricultural mechanisation through machinery for tasks, such as ploughing, irrigation, and harvesting not only boosts production, but also reduces labour. The growing support to implement agri tech solutions to respond to various issues in the agriculture domain will also drive the industry growth. In April 2025, Grow Asia launched the 2025 Grow Asia Innovation Challenge in the Philippines to advance the adoption of more climate-resilient agri tech agricultural solutions across Southeast Asia.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
7.9%
Value in USD Million
2025-2034
Philippines Agricultural Machinery Market Outlook
*this image is indicative*
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Philippines Agricultural Machinery Market Report Summary |
Description |
Value |
|
Base Year |
USD Million |
2024 |
|
Historical Period |
USD Million |
2018-2024 |
|
Forecast Period |
USD Million |
2025-2034 |
|
Market Size 2024 |
USD Million |
693.90 |
|
Market Size 2034 |
USD Million |
1484.26 |
|
CAGR 2018-2024 |
Percentage |
XX% |
|
CAGR 2025-2034 |
Percentage |
7.90% |
|
CAGR 2025-2034 - Market by Type |
Rice Transplanters |
8.9% |
|
CAGR 2025-2034 - Market by Application |
Land Development and Seed Bed Preparation |
8.4% |
The rising government support in the form of investments, flagship programs, and measures for boosting agricultural production and mechanisation is favouring the Philippines agricultural machinery industry expansion. In July 2023, Philippine's Government Service Insurance System (GSIS) was in talks with the Department of Agriculture - Rice Industry Development to discuss its possible investments in agricultural mechanisation.
The growing efforts on bringing innovations in the machinery to boost the agricultural output is increasing the market share. In March 2025, THE Philippine Center for Postharvest Development and Mechanization (PHilMech) revealed that it was pushing to enhance the design of locally manufactured walk-behind tractors and hand tractors to assist manufacturers in levelling up their one-hand tractors to benefit Filipino farmers.
The Philippines agricultural machinery market will benefit from the rising adoption of latest technologies to drive advancements in smart agriculture. In February 2023, the Philippine’s Department of Science and Technology partnered with Bukidamara Agri and secured PHP3 million in funding for automating climate sensing, nutrient solution dosing, and drip irrigation by deploying a fully automated greenhouse technology.
The strong focus on sustainable farming practices to boost productivity will likely outline the Philippines agricultural machinery industry expansion. In April 2024, the International Rice Research Institute (IRRI) partnered with the Department of Agriculture - Philippine Rice Research Institute to launch the Drones4Rice Project aimed at leveraging the potential of drone technology for boosting farmers’ productivity and sustainability.
The EMR’s report titled “Philippines Agricultural Machinery Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Breakup by Product Type
Key Insight: Tractors are expected to garner immense traction in the Philippines agricultural machinery industry. These powerful motorised machines are widely deployed by small-scale farmers as they assist in ploughing fields and tilling soil. In September 2024, a group of Engineering researchers and alumni in Philippines developed a method of using GPS technology for automating agricultural tractors via the AGROTIS Navigation System. Such innovations will boost the segment growth.
Breakup by Application
Key Insight: Land development and seed bed preparation is one of the primary applications driving tractor sales and demand for rotary tillers. With erratic climate patterns shortening planting cycles, mechanised land preparation ensures timely farm readiness and optimal soil conditions. The Rice Competitiveness Enhancement Fund (RCEF) Mechanization Program, initiated in 2019, has significantly advanced mechanization efforts. By March 2024, the Philippine Center for Postharvest Development and Mechanization (PHilMech) had distributed 28,817 units of agricultural machinery, including 14,713 land preparation machines, to farmers' cooperatives and local government units nationwide.
|
CAGR 2025-2034 - Market by |
Type |
|
Rice Transplanters |
8.9% |
|
Tractors |
XX% |
|
Others |
XX% |
|
Harvesting Machinery |
8.5% |
|
Haying and Forage Machinery |
XX% |
Rising Demand for Rice Transplanters and Harvesting Machinery in the Philippines
The demand for rice transplanters is poised to expand due to advancements in technology and the growing emphasis on maximising yield while decreasing the fatigue associated with labour. These special machines are used across the country for replanting rice seedlings in paddy fields with reduced labour, increased productivity, timely planting, and uniform seedling spacing.
Harvesting machinery, in the Philippines agricultural machinery industry, are increasingly used in commercial farming zones, especially for rice and sugarcane. Their relevance is growing as manual harvesting becomes less viable due to labor scarcity and unpredictable weather conditions affecting harvest windows.
Rising Mechanisation in Weed Cultivation and Harvesting Applications Driven by Sustainability and Government Push
Weed cultivation applications will record significant adoption in the market owing to rising usage of high-tech combine harvesters to meet the requirements of small-scale homesteaders as well as industrial-size farming operations. The segment is small but growing, with mechanical weeders reducing reliance on manual weeding and agrochemicals. This aligns with sustainable farming trends and is particularly relevant in upland vegetable farms and organic farming clusters.
The Philippines agricultural machinery industry is slated to grow in harvesting and threshing applications with the surging government support to increase yield. In January 2025, the Department of Agriculture in Philippines affirmed its hopes on the regional rice harvest in 2025 surpassing a record-high 20.06 million metric tons generated in 2023 with the use of modern farm equipment.
Key players in the Philippines agricultural machinery industry are expanding their presence through dealership networks, local assembly operations, and after-sales service improvements. They’re aligning closely with government procurement programs and farmer cooperatives to boost adoption of mechanised solutions. These companies are also investing in training programs to increase operator familiarity, especially in rural areas where technical knowledge remains limited. To stay competitive, manufacturers are focusing on product customisation suited to smallholder farms, offering compact and fuel-efficient machinery. Some are introducing digital tools for maintenance alerts, performance tracking, and financing options. Partnerships with local fabricators are also helping reduce costs and improve availability of spare parts, ensuring long-term usability in fragmented and remote farm regions.
Founded in 1980 and headquartered in Manila, Philippines, Ford Tractor Philippines Inc (FTPI) is a well-known as an importer and distributor of agricultural machinery. With a long and decorated history, the firm has been providing quality agricultural machinery in the Philippines.
Founded in 2011 and headquartered in Manila, Philippines, Kubota Philippines is firm offering a range of agricultural machinery, such as tractors, combine harvesters, and rice transplanters with a passion to protect the environment and the livelihood of farmers.
Founded in 1828 and headquartered in Eugendorf, Austria, Kuhn Group is a major manufacturer of specialized agricultural machinery for tillage, hay and forage harvesting, planting and seeding, nutrient management, crop protection, livestock bedding and feeding as well as landscape maintenance.
Founded in 1999, ADAMCO is a 100% Filipino owned company involved in the manufacturing and distributing agricultural equipment. One of the leading providers of smart farming solutions, ADAMCO spans 37 branches and extension outlets across the country.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other key players in the Philippines agricultural market report include CLAAS KGaA mbH, and Yanmar Holdings Co., Ltd., and others.
Unlock the latest insights on farm mechanisation trends with our Philippines Agricultural Machinery Market Report 2025-2034. This report offers valuable data on product adoption, government schemes, and evolving farm practices. Stay informed with emerging opportunities and market forecasts. Download a free sample or connect with our team today to explore [Philippines agricultural machinery market trends 2025] and strategic outlook.
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In 2024, the Philippines agricultural machinery market reached an approximate value of USD 693.90 Million.
The market is projected to grow at a CAGR of 7.90% between 2025 and 2034.
The market is estimated to witness healthy growth in the forecast period of 2025-2034 to reach a value of around USD 1484.26 Million by 2034.
The major drivers of the market are the increasing private and public investments, growing government support, advances in smart agriculture, and rising research activities.
The major players in the market are Ford Tractor Philippines Inc., Kubota Philippines,Inc., CLAAS KGaA mbH, Yanmar Holdings Co., Ltd., KUHN Group, Adamco, and others
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Application |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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