Pro
China Agricultural Equipment Market, By Function
| Label | OEM | Aftermarket |
|---|---|---|
| 2019 | 20059.45 USD Mn | 7654.43 USD Mn |
| 2020 | 19474.88 USD Mn | 7442.49 USD Mn |
| 2021 | 20543.21 USD Mn | 7862.51 USD Mn |
| 2022 | 21675.66 USD Mn | 8308.33 USD Mn |
| 2023 | 22883.45 USD Mn | 8784.36 USD Mn |
| 2024 | 24169.88 USD Mn | 9292.02 USD Mn |
| 2025 | 25535.74 USD Mn | 9831.74 USD Mn |
| 2026 | 26999.13 USD Mn | 10410.64 USD Mn |
| 2027 | 28551.62 USD Mn | 11025.63 USD Mn |
| 2028 | 30213.27 USD Mn | 11684.63 USD Mn |
| 2028 | 31982.54 USD Mn | 12387.22 USD Mn |
| 2028 | 33869.65 USD Mn | 13137.57 USD Mn |
Data Source: Wantstats Repository
Growth Outlook
- The China Agricultural Equipment Market, By Sales Channel market is on a steady long-term growth path. Segment value stands at roughly USD 37410 Mn in 2026 and is projected to reach USD 47007 Mn by 2028 — a gain of about 26% over the forecast period, translating to a CAGR in the double digits.
- Of the 2 groups compared here, OEM is out front by 2028 at 33. 87B USD — 72% of the group total.
- What the regional split looks like (2026): OEM leads, holding roughly 72% of segment value — the single largest regional share. Aftermarket is the second-largest contributor.
- By 2028, OEM alone is expected to reach USD 33870 Mn, with Aftermarket at USD 13138 Mn.
Market Dynamics
Of the 2 groups compared here, OEM is out front by 2028 at 33.87B USD — 72% of the group total.
Next is Aftermarket, at 13.14B USD — 61% behind OEM.
OEM climbs from 20.06B USD (2019) to 33.87B USD (2028), a 69% gain.
Aftermarket: up 72% over the period, 7.65B USD to 13.14B USD.
By rate of change, not size, Aftermarket is the standout — 72% growth, faster than the rest of the group.
Combined, all 2 groups add up to 47.01B USD by 2028 — 70% up from 27.71B USD in 2019.
How To Compare These 2 Groups
With 2 series on one chart, the shape that matters is how the ranking shifts over time, not just where each line starts or ends.
The largest series today is not guaranteed to stay largest — check the growth rate of each group, not just its current size, before projecting the ranking forward.
Use this chart to size the China Agricultural Equipment market and to compare how fast it is expected to grow against adjacent markets — it works best as an input to a market-entry or investment decision, not as a standalone verdict.
The numbers here come from a market sizing model: historical revenue estimates up to the 2018 base year, then forecasts through 2028 using growth-rate assumptions for each segment. The underlying report explains the methodology in detail.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.