United Kingdom Agricultural Machinery Market Size (2024 - 2029)

The agricultural machinery market in the United Kingdom is experiencing growth driven by factors such as rising farm labor costs, supportive government policies, and technological advancements. These elements are contributing to the expansion of the market size, as the mechanization of agriculture becomes increasingly necessary due to the growing population. The introduction of innovative products and technologies by companies is further propelling the market, particularly in the tractor segment, as seen with the launch of electric compact tractors.

Home Market Analysis Agriculture Research Agricultural Machinery and Technology Research Agriculture Equipment Research UK Farm Equipment Market Market Size

Market Size of United Kingdom Agricultural Machinery Industry

United Kingdom Agricultural Machinery Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 6.10 %
Market Concentration High

Major Players

United Kingdom Agricultural Machinery Market Major Players

*Disclaimer: Major Players sorted in no particular order

UK Agricultural Machinery Market Analysis

The United Kingdom's agricultural machinery market is projected to record a CAGR of 6.1% during the forecast period.

  • An increase in farm labor costs, favorable government policies supporting the purchase of agricultural machinery, and technological development are some factors driving the market growth for agricultural machinery in the country. Moreover, the latest farm technologies are enhancing farm operations and helping cut costs. Thus, the agricultural machinery market is expected to boost over the forecast period.
  • The rising population in the United Kingdom is also driving the need for the mechanization of agriculture, and in turn, the demand for agricultural machinery is also rising. Hence, companies are bringing innovative products and new technologies to the market.
  • For instance, by April 2023, Kubota Corporation will launch electric compact tractors across Europe, including the United Kingdom. The company will be the first Japanese manufacturer to release electric tractors in the country. Therefore, increasing product innovation by the major players is driving the growth of the tractor segment during the forecast period.

UK Agricultural Machinery Industry Segmentation

Agricultural machinery is the mechanical structures and devices used in farming or other agriculture. For the purpose of this report, the machinery used in agricultural operations has been considered. The report does not cover machinery used for industrial and construction purposes or multi-purpose tractors, machinery, and equipment used for both agricultural and non-agricultural operations. 

The United Kingdom agricultural machinery market is segmented by type (tractors, equipment, irrigation machinery, harvesting machinery, and haying and forage machinery). 

The report offers market size and forecast in terms of value in USD million for the above-mentioned segments.

Type
Tractors
Less than 50 HP
50 to 100 HP
100 to 150 HP
Above 150 HP
Equipment
Plows
Harrows
Cultivators and Tillers
Other Equipment
Irrigation Machinery
Sprinkler Irrigation
Drip Irrigation
Other Irrigation Machinery
Harvesting Machinery
Combine Harvesters
Forage Harvesters
Other Harvesting Machinery
Haying and Forage Machinery
Mowers and Conditioners
Balers
Other Haying and Forage Machinery
Need A Different Region Or Segment?
Customize Now

United Kingdom Agricultural Machinery Market Size Summary

The agricultural machinery market in the United Kingdom is experiencing significant growth, driven by factors such as rising farm labor costs, supportive government policies, and advancements in technology. These elements are facilitating the mechanization of agriculture, which is becoming increasingly necessary due to the growing population and the subsequent demand for efficient farming practices. Companies are responding to this demand by introducing innovative products and technologies, such as electric compact tractors, which are expected to enhance farm operations and reduce costs. The market is characterized by a consolidation of major players like CLAAS KGaA mbH, Deere & Company, CNH Industrial NV, and Kubota Corporation, who are investing in research and development to meet the evolving needs of farmers.

The UK agricultural sector has seen a shift towards greater integration with technology, aiming to support sustainable practices and increase productivity with minimal environmental impact. The shortage of farm labor, exacerbated by Brexit, has led to higher wage rates, prompting farmers to adopt mechanization solutions. This trend is evident in the growing interest in high-end tractors, which are essential for improving crop yields and farm efficiencies. The market's competitive landscape is dominated by major manufacturers with extensive distribution networks, enabling them to maintain a significant share. Recent product launches, such as methane-powered tractors and advanced cultivator models, highlight the ongoing innovation and adaptation within the industry to meet the demands of modern agriculture.

Explore More

United Kingdom 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 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Type

      1. 2.1.1 Tractors

        1. 2.1.1.1 Less than 50 HP

        2. 2.1.1.2 50 to 100 HP

        3. 2.1.1.3 100 to 150 HP

        4. 2.1.1.4 Above 150 HP

      2. 2.1.2 Equipment

        1. 2.1.2.1 Plows

        2. 2.1.2.2 Harrows

        3. 2.1.2.3 Cultivators and Tillers

        4. 2.1.2.4 Other Equipment

      3. 2.1.3 Irrigation Machinery

        1. 2.1.3.1 Sprinkler Irrigation

        2. 2.1.3.2 Drip Irrigation

        3. 2.1.3.3 Other Irrigation Machinery

      4. 2.1.4 Harvesting Machinery

        1. 2.1.4.1 Combine Harvesters

        2. 2.1.4.2 Forage Harvesters

        3. 2.1.4.3 Other Harvesting Machinery

      5. 2.1.5 Haying and Forage Machinery

        1. 2.1.5.1 Mowers and Conditioners

        2. 2.1.5.2 Balers

        3. 2.1.5.3 Other Haying and Forage Machinery

United Kingdom Agricultural Machinery Market Size FAQs

The United Kingdom Agricultural Machinery Market is projected to register a CAGR of 6.10% during the forecast period (2024-2029)

CLAAS KGaA mbH, Deere & Company, CNH Industrial NV, Kubota Corporation and AGCO Corporation are the major companies operating in the United Kingdom Agricultural Machinery Market.

Farm Machinery Market in UK Report Snapshots

UK Agricultural Machinery Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)