The market is dominated by domestic suppliers, as imports account for 35.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 85.9% of total demand in 2024. The US has the largest market size for agricultural and forestry machinery across the top 20 developed countries, with demand reaching USD62.9 billion in 2024. Deere & Co is the largest company in the US, generating 19.7% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 35.3% of total production value in 2024. The total number of companies increases in 2024, to 2,987 units. The costs of the industry increase by 2.5% in 2024, largely driven by rising B2B costs. The industry’s profitability increases and stands at 17.6% of production value in 2024, the second highest across the top 20 developed countries. The industry’s exports share increases in 2024 to 13.5% of total production output. With production value of USD36.0 billion, the US accounts for 88.7% of the North America total in 2024.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
Overview:
This Euromonitor industrial report provides unique information on Agricultural and Forestry Machinery in the US: ISIC 2921. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agricultural and Forestry Machinery in the US: ISIC 2921 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in USA report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Agricultural and Forestry Machinery in the US: ISIC 2921
HEADLINES
MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
See all of our definitionsBuy this report to:
- Understand future opportunities and threats within the industry
- Track demand and supply structure
- Understand competitive landscape of the industry
- Inform market, strategy development and supply functions
NEW REPORT GUARANTEE
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!