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Farm Equipment Market Witnessing High Growth By Key Players | Outlook To 2034

Posted by Latest Market Trends on August 2, 2024 at 12:12pm 0 Comments

According to a Future Market Insights (FMI) report, the farm equipment market is estimated to be around USD 114.6 Billion in 2024. It is projected to exhibit a CAGR of 5.40% over the forecast period and reach a size of USD 194.00 Billion by 2034.



The agriculture sector is witnessing increasing demand for modern farm equipment due to the rising adoption of precision agriculture technologies that optimize inputs such as water, fertilizers, and pesticides through the use of GPS,… Continue
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