Report Overview

The Australia agricultural machinery market is expected to grow at a CAGR of 3.80% between 2024 and 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

  • As per the ABS, the import of Agricultural machinery in Australia increased to AUD 2.1 billion in 2021-22.
  • According to the Australian government, the gross value of agricultural, fisheries and forestry production increased by 51% in the past 20 years.
  • According to the World Bank, the percentage contribution of agricultural land area has been estimated at 47.3% in 2021.

Australia Agricultural Machinery Market Growth

Compound Annual Growth Rate

Value in AUD billion

3.8%

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.

Australia Agricultural Machinery Market Report

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 Segmentation

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

  • Tractors
  • Harvesters
  • Planting Equipment
  • Irrigation Equipment
  • Others

Market Breakup by Application

  • Land Development and Seed Bed Preparation
  • Sowing and Planting
  • Weed Cultivation
  • Plant Protection
  • Harvesting and Threshing
  • Others

Market Breakup by Region

  • New South Wales
  • Victoria
  • Queensland
  • Australian Capital Territory
  • Western Australia
  • Others

Australia Agricultural Machinery Market Share 

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.

Leading Companies in the Australia Agricultural Machinery Market

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.

  • 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
  • Daedong Industrial Co. Ltd

*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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Key Questions Answered in the Report

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.

Report Summary

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.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

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:

  • Type
  • Application
  • Distribution Channel
  • Region
Breakup by Type
  • Tractors
  • Harvesters
  • Planting Equipment
  • Irrigation Equipment
  • Others
Breakup by Application
  • Land Development and Seed Bed Preparation
  • Sowing and Planting
  • Weed Cultivation
  • Plant Protection
  • Harvesting and Threshing
  • Others
Breakup by Region
  • New South Wales
  • Victoria
  • Queensland
  • Australia Capital Territory
  • Western Australia
  • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • 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
  • Daedong Industrial Co. Ltd
  • Others

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