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Base Year
Historical Year
Forecast Year
Value in AUD billion
2024-2032
Australia Agricultural Machinery Market Outlook
*this image is indicative*
The Australia agricultural machinery market growth is driven by tractors
The Australia agricultural machinery market is flourishing, as tractors are utilised in a variety of farming applications, from expansive grain-growing areas to intensive horticulture regions. Different types of tractors are employed that suit farmers' specific needs and the requirements of their crops or livestock. It helps in improving efficiency, reducing input costs, and optimising yields.
Harvesters automate the crop-gathering process while reducing the time and its reliance on labour enabling farmers to harvest larger areas in shorter time frames. Over the period, harvesters are integrated with new technologies such as GPS guidance systems, variable rate application capabilities and much more to improve farm efficiency and sustainability. According to the Tractor & Machinery Association of Australia, the value of harvester and header sales increased by 59% in 2021.
The Australia agricultural machinery market developments have led companies to manufacture autonomous electric tractors as the demand for diesel alternatives is growing and these tractors will improve efficiency, harvest quality and operator ease of use.
For instance- John Deere launched an autonomous electric tractor in Australia after ensuring they can perform in unique challenges and conditions in Australia.
Australia Agricultural Machinery Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
Market Breakup by Application
Market Breakup by Region
Agricultural machinery is widely used for land development and seedbed preparation as this stage is crucial for creating optimal soil conditions for planting, ensuring the land is properly levelled, tilled, and free of debris. Efficient land development and seedbed preparation are essential for maximising crop yields and ensuring the success of subsequent farming operations. The use of advanced machinery in this area helps Australian farmers increase productivity, reduce labour costs, and improve overall agricultural efficiency.
The growth of the agricultural machinery market is fuelled by the growing penetration of autonomous electric tractors, government initiatives and support along with technological advancements.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 3.80% between 2024 and 2032.
Based on the type, the agricultural machinery market is bifurcated into tractors, harvesters, planting equipment, irrigation equipment and others.
Key players in the industry are Mahindra Automotive Australia Pty. Ltd., John Deere Limited, Kubota Australia Pty Ltd., CLAAS KGaA mbH, Orbia Advance Corporation S.A.B. de CV (Netafim Ltd.), AGCO Corporation, KUHN SAS, and Daedong Industrial Co. Ltd. among others.
Based on applications, the agricultural machinery market is divided into land development and seedbed preparation, sowing and planting, weed cultivation, plant protection, harvesting and threshing and others.
The market is broken down into New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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