Africa Agricultural Machinery Market

Africa Agricultural Machinery Market Overview

The Africa Agricultural Machinery Market has been segmented on the basis of Type. Based on the Type, the market is segmented into Plowing and Cultivating Machinery, Harvesting Machinery, Tractors, Haying, Planting Machinery, Forage Machinery and Others.

Major Africa Agricultural Machinery Market Drivers

The market is driven by the mechanization in the agriculture sector, increased government subsidies and development in the agricultural industry. Rising marketing expenditure along with the easy availability of monetary resources is supporting the market growth. Rising trend of sustainable agricultural mechanization with the rapid growth of the medium scaled farms will further drives the African market. In addition, infrastructural development with the raise in financial assistance is further driving the growth of the Africa agricultural equipment market. Increased adoption of autonomous agricultural equipment among farm owners is propelling the growth in near future. For instance, FAO and African union has introduced Sustainable Agricultural Mechanization for Africa to boost the agricultural equipment industry in 2018. This will further helps to increase the productivity and will create more job opportunities for the youth population. In 2021, European Agricultural Machinery Industry Association and FAO has renewed MoU till 2025.

Rapid expansion of agricultural production due to the increasing investment for farm mechanization by African government has further boosted the Africa agriculture machinery market. Growing awareness among farmers regarding the mechanization across the agricultural sector. However, adverse changes in climate conditions and high cost of equipment is expected to hamper the market growth.

Agriculture Tractor market is estimated to hold the largest market share.

Increasing government involvement to boost the agriculture tractor industry. For example, Ghana government provided tractors at a subsidize rate to businessman who was operating through 89 centers. Rise in tractors sales is further raising the market growth. South African Agricultural Machinery Association estimates tractors sales has been increased to 15.5% i.e., 6,479 units tractors were sold in 2022 as compared to 5,610 units in 2021. These factors are expected to increase the demand for tractors in the upcoming years.

Segments covered in the Report:

The Africa Agricultural Machinery Market has been segmented on the basis of Type. Based on the Type, the market is segmented into Tractors, Plowing and Cultivating Machinery, Planting Machinery, Harvesting Machinery, Haying and Forage Machinery, Others.

Market Segmentation

Africa Agricultural Machinery Market by Type

• • Tractors
  • Plowing and Cultivating Machinery
  • Planting Machinery
  • Harvesting Machinery
  • Haying and Forage Machinery
  • Others

Africa Agricultural Machinery Market by Countries

• • Egypt Agricultural Films Market All-Up
  • Nigeria Agricultural Films Market All-Up
  • South Africa Agricultural Films Market All-Up
  • Kenya Agricultural Films Market All-Up
  • Rest of Africa Agricultural Films Market All-Up