๐๐ฅ๐จ๐๐๐ฅ ๐๐ ๐ซ๐ข๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐๐๐ก๐ข๐ง๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐
๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ญ๐จ ๐๐๐๐: ๐๐ซ๐๐ง๐๐ฌ, ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐๐ง๐ ๐
๐ฎ๐ญ๐ฎ๐ซ๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
The global Agricultural Machinery Market was valued at USD 126.60 billion in 2023 and is expected to reach USD 208.40 billion by 2031. This growth represents a robust CAGR of 6.52% from 2024 to 2031. Key factors driving this expansion include rising food demand due to population growth, increased mechanization, technological advancements in machinery, and government initiatives promoting modern farming practices across various regions.
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The global agricultural machinery market has witnessed significant growth in recent years due to the increasing demand for efficient farming practices, technological advancements, and a surge in the need for food production driven by global population growth. The sector plays a crucial role in enhancing agricultural productivity, reducing manual labor, and improving farm efficiency. This market's growth trajectory is bolstered by numerous factors, including rising mechanization rates, government subsidies, and technological innovations in machinery.
The global agricultural machinery market has witnessed significant growth in recent years due to the increasing demand for efficient farming practices, technological advancements, and a surge in the need for food production driven by global population growth. The sector plays a crucial role in enhancing agricultural productivity, reducing manual labor, and improving farm efficiency. This market's growth trajectory is bolstered by numerous factors, including rising mechanization rates, government subsidies, and technological innovations in machinery.