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India Agricultural Equipment Market By 12–20 Hp

By 12–20 Hp, the market is segmented into Diesel Engine, Electric/Battery Operated, Hybrid Engine, Petrol Engine, and Solar-Powered Pumps (2019–2035)

Author: Wantstats Research TeamSource: Wantstats Repository
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India Agricultural Equipment Market By 12–20 Hp — full underlying data
LabelDiesel EngineElectric/Battery OperatedHybrid EnginePetrol EngineSolar-Powered Pumps
2019129.45067906083324 Thousand Units35.2608975190804 Thousand Units10.649545742980289 Thousand Units18.09164955943305 Thousand Units16.18395534169444 Thousand Units
2020123.04098116964876 Thousand Units34.0057987300281 Thousand Units10.021708919849457 Thousand Units17.402967585367325 Thousand Units15.562653771742246 Thousand Units
2021129.44267158285223 Thousand Units36.29549694456342 Thousand Units10.436539866480983 Thousand Units18.52802725284175 Thousand Units16.56325355328154 Thousand Units
2022136.31648078240679 Thousand Units38.7752598129212 Thousand Units10.877621848440453 Thousand Units19.745005572939142 Thousand Units17.645423532377702 Thousand Units
2023143.67176264230466 Thousand Units41.45423123451262 Thousand Units11.344373427916796 Thousand Units21.05799317557056 Thousand Units18.812752601295276 Thousand Units
2024151.49892284100002 Thousand Units44.33626610639998 Thousand Units11.834680512599997 Thousand Units22.4683786476 Thousand Units20.066413892399922 Thousand Units
2025159.82204372480504 Thousand Units47.43516137744998 Thousand Units12.349042012229997 Thousand Units23.982581590275004 Thousand Units21.41207284523993 Thousand Units
2026168.731271526102 Thousand Units50.78510719480476 Thousand Units12.892900554433291 Thousand Units25.617266461096225 Thousand Units22.86453388084672 Thousand Units
2027178.27532978808185 Thousand Units54.40928500635754 Thousand Units13.468234842756635 Thousand Units27.383424381622465 Thousand Units24.433523387301715 Thousand Units
2028188.5075547717036 Thousand Units58.33326581624788 Thousand Units14.077170980602123 Thousand Units29.29316927648893 Thousand Units26.1297600673647 Thousand Units
2029199.48638211151024 Thousand Units62.585281127486375 Thousand Units14.721994164252978 Thousand Units31.35986428138821 Thousand Units27.965066540315984 Thousand Units
2030211.27588984432055 Thousand Units67.19652730626326 Thousand Units15.405161313297596 Thousand Units33.59826365313167 Thousand Units29.95249461842992 Thousand Units
2031223.94640490279656 Thousand Units72.20150781476258 Thousand Units16.12931470677521 Thousand Units36.024672234236164 Thousand Units32.106466067259845 Thousand Units
2032237.57518112678986 Thousand Units77.63841839313129 Thousand Units16.897296696208645 Thousand Units38.657124815786716 Thousand Units34.44293091553297 Thousand Units
2033252.2471579455623 Thousand Units83.5495810013216 Thousand Units17.712165569049574 Thousand Units41.51558807769915 Thousand Units36.97954567586906 Thousand Units
2034268.0558101449388 Thousand Units89.98193317333099 Thousand Units18.577212637731765 Thousand Units44.62218817202075 Thousand Units39.73587417797678 Thousand Units
2035285.10410058017925 Thousand Units96.98758040803872 Thousand Units19.49598063024536 Thousand Units48.001467460831414 Thousand Units42.73361410871922 Thousand Units

Data Source: Wantstats Repository

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Growth Outlook

  • The India Agricultural Equipment Market By 12–20 Hp market is on a steady long-term growth path. Segment value stands at roughly Thousand 281 Units in 2026 and is projected to reach Thousand 492 Units by 2035 — a gain of about 75% over the forecast period, translating to a CAGR in the mid-single digits.
  • What the regional split looks like (2026): Diesel Engine leads, holding roughly 60% of segment value — the single largest regional share. Electric/Battery Operated is the second-largest contributor. Petrol Engine, Solar-Powered Pumps and Hybrid Engine make up the remainder, in descending order.
  • By 2035, Diesel Engine alone is expected to reach Thousand 285 Units, with Electric/Battery Operated at Thousand 97 Units.

Market Dynamics

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