The global farm equipment market is expected to reach US$149,733.538 million by 2024 from US$128,449.497 million in 2018 growing at a CAGR of 2.59%. Farm equipment covers an extensive range of equipment engaged at several stages of agriculture such as land development, sowing, planting, cultivation, harvesting, and threshing. The range varies from the simplest tools such as hand trowel to fertilizers, plow, harrow, fertilizer spreader, seeder and high-end engineered tractors.