Market Outlook 2031: Revolutionizing Agricultural Machinery and Equipment
The agricultural landscape is undergoing a transformative revolution. As the global population surges and the demand for food production intensifies, modern farmers are turning to advanced machinery and equipment to keep pace. In 2022, the global agriculture machinery and equipment market was valued at US$ 132.3 billion. Experts forecast that this market will grow at a compound annual growth rate (CAGR) of 5.8% from 2023 to 2031, reaching an estimated US$ 219.5 billion by the end of 2031. In this blog, we explore the various facets of the market-its drivers, technological innovations, regional dynamics, and key players-and examine how these elements coalesce to create a vibrant outlook for the future.
FUCHS Announces New President of North American Operations
Industry veteran to lead FUCHS North America into next phase of growth and innovation
Coromandel International signs Definitive Agreement to acquire controlling stake in NACL Industries; to become one of the leading Indian Crop Protection players
Coromandel also proposes to make an open offer to the public to acquire upto 26% of the equity share capital of the company as per the SEBI Takeover Regulations. The proposed transaction is subject to regulatory approvals and is likely to be consummated over next few months.
xFarm Technologies extends its reach into Latin America with a strategic operation, joining forces with Brazilian AgTech company Checkplant, developer of the Farmbox platform
The initiative marks a milestone in the journey of xFarm Technologies to become a global player in the digitalisation of agriculture and it allows Checkplant, the company that developed the Farmbox platform, to further expand and improve the services it has been providing for over twenty years. Matteo Cunial, CRO of xFarm Technologies: "We can now scale our operations much faster in Brazil, a global agricultural powerhouse, and implement everything we are doing in the European market to help our B2B customers cover their entire supply chain and ensure greater traceability and sustainability, also through regenerative agriculture practices."
GigaCrop to Advance Photosynthesis for Boosted Crop Productivity
Plant Biology Company Raises Pre-Seed Round of $4.5 Million Led by Playground Global
Diesel Laptops Announces Diesel Handheld 2.0, the Next Generation of Rugged, Heavy-Duty Diagnostic Solutions
For only $699 USD, this rugged tool stands up to harsh shop environments and is designed to help technicians quickly identify and solve problems to keep their customers on the road and their businesses thriving.
Quercus Biosolutions Emerges from Stealth to Transform Crop Protection with AI-Designed Mini-Proteins
The company is leveraging cutting-edge generative AI for protein design to develop novel solutions that address the critical needs of modern agriculture. To advance its mission, Quercus has secured a pre-seed investment round from undisclosed investors.
Post-Harvest Treatment: A Vital Step in Ensuring Quality and Longevity of Agricultural Produce
The post-harvest phase is crucial in the agricultural value chain, as it directly affects the quality, shelf life, and marketability of produce. Post-harvest treatment refers to a series of techniques applied to harvested crops to prevent spoilage, enhance quality, and ensure that they reach consumers in the best possible condition. These treatments are aimed at reducing losses, controlling diseases, slowing down the ripening process, and preserving the nutritional and sensory qualities of fruits, vegetables, and grains.
NODAR Introduces HDK 2.0: A High-Performance 3D Sensor Alternative to LiDAR for Autonomous Vehicle and 3D Monitoring Applications
Advanced stereo vision system enables medium to long-range 3D depth sensing for high-performance safety-critical applications
John Deere Honored as One of 2025 World's Most Ethical Companies®
This marks the 18th occasion Deere has been recognized on this prestigious list
Biotalys Achieves Strong Results in Field Trials with Second Biofungicide
BioFun-6 Candidate Shows Excellent Efficacy with Increased Potency
New Level of Precision Agriculture Thanks to Renewed Partnership Between Syngenta and Planet
The multi-year expansion of their strategic partnership enables farmers to remotely monitor crop health, detect pest infestations, and identify disease outbreaks. The high-resolution, commercially available satellite imagery is delivered to farmers globally as part of Syngenta's Cropwise digital agriculture platform.
Tavant Introduces AI Agents to Enhance Agri and Food Industry Operations
New AI-powered tools developed using Microsoft Copilot Studio to transform agronomy, and sales operations
Why Stem Width Matters
As greenhouse operations scale, traditional manual measurement methods are becoming insufficient, leading to unreliable data that may miss subtle changes in crop performance.
Indigo Ag has received $1.5 million from Google for regenerative agriculture program in Oklahoma
Collaboration empowers farmers to adopt practices to address water scarcity
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