Agricultural Machinery Market Growth Accelerates: Key Drivers and...

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2025-05-19 10:33:48 - Translate -

Agricultural Machinery Market Growth Accelerates: Key Drivers and Opportunities Through 2031

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...

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