Germany Agricultural Machinery Market Size (2024 - 2029)

The market size of the German agricultural machinery sector is significant, driven by the country's status as a leading manufacturer and consumer in Europe. This market is bolstered by Germany's position as a major exporter and a top destination for foreign direct investments in agricultural machinery. The preference for German machinery globally is attributed to its precision and innovative engineering. As farmers increasingly adopt mechanization for efficiency and cost-effectiveness, the demand for tractors and other agricultural equipment continues to rise, contributing to the market's growth.

Home Market Analysis Agriculture Research Agricultural Machinery and Technology Research Agriculture Equipment Research Germany Agricultural Machinery Industry Market Size

Market Size of Germany Agricultural Machinery Industry

Germany Agricultural Machinery Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 3.80 %
Market Concentration High

Major Players

Germany Agricultural Machinery Market Major Players

*Disclaimer: Major Players sorted in no particular order

German Agricultural Machinery Market Analysis

The German agricultural machinery market is projected to register a CAGR of 3.8% during the forecast period.

Germany is one of Europe's largest markets for agricultural machinery and implements, supported by the large turnover for this industry in the country. The country is one of the world's largest exporters of agricultural machinery and the largest manufacturer and second-largest consumer of agri-machinery in Europe. German agricultural machinery is preferred worldwide because of its superior precision and innovative engineering. Germany is one of Europe's top destinations for FDIs in agricultural, construction, and mining machinery. These factors adequately drive the market in the country. Hence, farmers are increasingly adopting agricultural mechanization as a substitute for manual labor with a more cost-effective, easily available, and more efficient means of agricultural operation. Tractors, the primary power source for driving agricultural machinery, have thus seen a phenomenal rise in sales in the country.

German Agricultural Machinery Industry Segmentation

Agricultural machinery is defined as machinery used in farming and other agricultural activities.

The Germany agricultural machinery market has been segmented by type (tractors, plowing and cultivating machinery, planting machinery, harvesting machinery, haying and forage machinery, sprayers, irrigation machinery, and others).

The market sizing has been done in value terms in USD for all the abovementioned segments.

Tractors
Less than 40 HP
40 to 100 HP
101 to 150 HP
Above 150 HP
Equipment
Plows
Harrows
Rotovators & Cultivators
Seed & Fertilizer Drills
Fertilizer Spreaders
Land Levelers
Other Equipment
Sprayers
Field Crop Sprayers
Orchard Sprayers
Harvesting Machinery
Combine Harvesters
Forage Harvesters
Other Harvesting Machinery
Haying & Forage Machinery
Mowers & Conditioners
Balers
Tedders & Rakes
Other Haying and Forage Machinery
Need A Different Region Or Segment?
Customize Now

Germany Agricultural Machinery Market Size Summary

The German agricultural machinery market is a significant player in Europe, characterized by its robust manufacturing and export capabilities. As one of the largest consumers and producers of agricultural machinery in Europe, Germany benefits from its advanced engineering and technological expertise, which enhances the precision and efficiency of its agricultural practices. The country's agricultural sector is increasingly adopting mechanization to replace manual labor, driven by factors such as labor shortages due to urbanization and the availability of EU subsidies for modern machinery. This shift has led to a notable increase in tractor sales, which serve as the primary power source for agricultural operations. The market is dominated by major players like AGCO Corporation, Deere & Company, and CNH Industrial, who leverage new product launches and strategic partnerships to maintain their market positions.

The demand for high-horsepower tractors is particularly strong, reflecting the need for more powerful machinery in the fields. Germany's agricultural machinery market is highly consolidated, with a few key players holding significant market shares, largely due to their reputation for quality and reliable after-sales services. The export market remains robust, with a steady export ratio, underscoring Germany's leadership in the European agricultural machinery sector. Innovations and new product introductions continue to drive market growth, as evidenced by recent launches from companies like Case IH and John Deere. These developments highlight the ongoing evolution and competitiveness of the German agricultural machinery market.

Explore More

Germany Agricultural Machinery Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Bargaining Power of Suppliers

      2. 1.4.2 Bargaining Power of Buyers

      3. 1.4.3 Threat of New Entrants

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Tractors

      1. 2.1.1 Less than 40 HP

      2. 2.1.2 40 to 100 HP

      3. 2.1.3 101 to 150 HP

      4. 2.1.4 Above 150 HP

    2. 2.2 Equipment

      1. 2.2.1 Plows

      2. 2.2.2 Harrows

      3. 2.2.3 Rotovators & Cultivators

      4. 2.2.4 Seed & Fertilizer Drills

      5. 2.2.5 Fertilizer Spreaders

      6. 2.2.6 Land Levelers

      7. 2.2.7 Other Equipment

    3. 2.3 Sprayers

      1. 2.3.1 Field Crop Sprayers

      2. 2.3.2 Orchard Sprayers

    4. 2.4 Harvesting Machinery

      1. 2.4.1 Combine Harvesters

      2. 2.4.2 Forage Harvesters

      3. 2.4.3 Other Harvesting Machinery

    5. 2.5 Haying & Forage Machinery

      1. 2.5.1 Mowers & Conditioners

      2. 2.5.2 Balers

      3. 2.5.3 Tedders & Rakes

      4. 2.5.4 Other Haying and Forage Machinery

Germany Agricultural Machinery Market Size FAQs

The Germany Agricultural Machinery Market is projected to register a CAGR of 3.80% during the forecast period (2024-2029)

Deere & Company, AGCO Corporation, CNH Industrial N.V., KUBOTA Corporation and Mahindra and Mahindra are the major companies operating in the Germany Agricultural Machinery Market.

Agricultural Machinery Market in Germany Report Snapshots

Germany Farm Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)