Germany Agricultural Machinery Market Report and Forecast 2024-2032

Germany Agricultural Machinery Market Outlook

The Germany agricultural machinery market size reached approximately USD 5.85 billion in 2023. The market is further projected to grow at a CAGR of 3.7% between 2024 and 2032, reaching a value of USD 8.08 billion by 2032.

Key Trends in the Market

Agricultural machinery refers to any equipment or machines that are constructed for farming and other agricultural applications. These machineries are available in varying complexities and can often perform multiple functions and are used for preparation of seedbeds, harvesting, weed cultivation, and sowing and planting, among others.

• Technological advancements in agricultural machinery are expected to optimise the farm operations and increase productivity. Integration of artificial intelligence and big data analytics in agriculture and introduction of precision agriculture technologies such as GPS guided drones and tractors are aiding the Germany agricultural machinery market growth.

• Low availability of labour has encouraged the agricultural sector in Germany to rely on autonomous and automated agricultural machinery. These tools compensate for the lack of labour as well as boost operational efficiency.

• Adoption of sustainable agricultural practices such as organic farming, permaculture, biodynamic agriculture, hydroponics, and integrated pest management due to rising environmental concerns and demand for chemical free food products is further supporting the market expansion.

Germany Agricultural Machinery Market Analysis

Based on tractor horsepower, the market is divided into below 40 HP, 40 to 120 HP, and above 120 HP. By ploughing and cultivating machinery, the market is classified into ploughs, harrows, and cultivators and tillers, among others. On the basis of planting machinery, the market is categorised into seed drills, planters, and spreaders, among others.

Based on harvesting machinery, the market is segregated into combine harvesters and forage harvesters, among others. By haying and forage machinery, the market is divided into mowers and conditioners and balers, among others. On the basis of irrigation machinery, the market is classified into sprinkler irrigation and drip irrigation, among others.

Based on application, the Germany agricultural machinery market segmentation includes land development and seed bed preparation, sowing and planting, weed cultivation, plant protection, harvesting and threshing, and post-harvest and agro-processing.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• Mahindra & Mahindra Ltd.

• AGCO Corporation (Fendt)

• Kubota Corporation

• Deere & Company 

• Orbia Advance Corporation S.A.B. (Netafim Ltd.)

• CLAAS KGaA mbH

• KUHN SAS

• DAEDONG KIOTI Europe BV

• CNH Industrial N.V.

• Yanmar Holdings Co., Ltd. 

• Others

Market Share by Irrigation Machinery

Drip irrigation is anticipated to account for a significant Germany agricultural machinery market share due to its advanced efficiency and ability to avoid loss of water due to runoff and evaporation. The water is delivered to the crops using a network of lateral line, sub-mains, and mainlines, with points of emission spaced along the lengths. The adoption of drip irrigation is increasing in Germany as it has the ability to conserve nutrients and water by allowing water to drip slowly to the root zone either from below the surface of the soil or from above.

Market Share by Application

Land development and seedbed preparation is expected to account for a significant share of the market over the forecast period. Tractors and levellers are required for land development and seedbed formation as they help in breaking clods and working the soil to a fine tilth. Tractors are also used for loosening soil of the previously ploughed agricultural fields before sowing. Other agricultural machinery is used for destroying weeds and ensuring the firmness of the seedbeds. The need for increased operational efficiency along with shortage of labour is further boosting the Germany agricultural machinery market demand.

Competitive Landscape

Mahindra & Mahindra Ltd. was founded in 1945 and is headquartered in Mumbai, India. The manufacturing company provides automotive vehicles, agri construction equipment, spare parts, and farm equipment, among others.

AGCO Corporation (Fendt) is a machinery manufacturing company that was founded in 1930 and is headquartered in Bayern, Germany. The company specialises in agriculture equipment, smart farming materials, and tractors.

Kubota Corporation was established in 1890 and has its headquarters located in Osaka, Japan. The agricultural machinery company provides equipment for both dry field farming and rice farming. The company also specialises in the production of construction equipment.

Other Germany agricultural machinery market key players include Deere & Company, Orbia Advance Corporation S.A.B. (Netafim Ltd.), CLAAS KGaA mbH, KUHN SAS, DAEDONG KIOTI Europe BV, CNH Industrial N.V., and Yanmar Holdings Co., Ltd., among others.

Key Highlights of the Report