GlobeNewswire

Planting Equipment Market to Reach USD 29.4 Billion by 2031, at a CAGR of 6.3% — MarketsandMarkets™

GlobeNewswire

Delray Beach, FL, Oct. 21, 2026 -- MarketsandMarkets™ projects the global planting equipment market will grow from USD 21.74 billion in 2026 to USD 29.4 billion by 2031, at a CAGR of 6.3%. Market growth is driven by increasing adoption of mechanized farming equipment, rising demand for precision planting, government support for agricultural mechanization, and the growing need to improve crop productivity while optimizing resource utilization. North America holds the second-largest share of the market, supported by large-scale commercial farming and advanced agricultural technologies.