Agriculture Equipment market revenue will reach $279.5billion by 2024 Agriculture Equipment Market Forecast, 2016-2024 ( | Page 5

Key insights of the Global Agriculture Equipment Market
• Asia Pacific region is expected to have the fastest growth with a CAGR of 8.4 %
over the forecast period. The region generated revenue of $69 billion in 2016.
•India holds the major segment of the Asia Pacific agriculture equipment
market.
•Germany is to witness the highest CAGR of 4.7% over the forecast period (2017-
2024)
•Tractor equipment segment holds more than 30% of the total agriculture
equipment market.