Tractors & Agricultural Machinery Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Tractors & Agricultural Machinery Manufacturing Market Research Report | NAICS 33311 | Feb 2014

Pulling its weight: Improved farm incomes and new technology will push the industry forward

IBISWorld’s Tractors & Agricultural Machinery Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

The industry's reliance on trade has buoyed growth following recessionary declines. An improving economy and rising farm incomes will increase demand for farming equipment. In addition, as agricultural investment in South America and Asia increases, export demand for tractors is expected to rise and boost revenue over the next five years... purchase to read more

Industry Report - Industry Analysis Chapter

Operators in the Tractors and Agricultural Machinery Manufacturing industry manufacture vehicles and equipment for agricultural and lawn and garden use. Between these two categories, agricultural equipment manufacturing is the much larger component of the industry. Products in this segment include tractors, combine harvesters, tobacco curers, dusters, drags, plows and milking machines. Products in the lawn and gardening segment include powered lawn mowers, hedge trimmers, chippers, leaf blowers and mulchers. Because the industry provides products for two main activities (i.e. agricultural and gardening), industry revenue is largely determined by commercial and recreational participation in these activities... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Tractors & Agricultural Machinery Manufacturing Industry?

Industry operators manufacture agricultural machinery and equipment and powered home lawn and garden equipment. Key agricultural equipment includes tractors, harvesting and seeding machinery, and other hardware such as grinders, mixers, wool presses and windmills.

Industry Products
Harvesting machineryAll other tractors and agricultural machinery and attachmentsParts sold separatelyHaying machinery and attachmentsPlanting, seeding and fertilizing machinery and attachmentsDairy farm equipment, sprayers, dusters, blowers and attachments
Industry Activities
Manufacturing farm tractors and attachments Manufacturing harvesting equipment and machinery Manufacturing irrigation equipment Manufacturing seeders Manufacturing sprayers and spreaders Manufacturing windmillsManufacturing powered agricultural mowersManufacturing livestock feeding and watering equipment

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