Agricultural machinery industry

**Historical Evolution of the Agricultural Machinery Industry:**
– Emergence in Britain and the United States in the 19th century
– Early manufacturers like John Deere and McCormick focusing on ploughs and harvesting machines
– Introduction of horse-drawn reaping and combined harvesting
– Advent of portable steam-powered plowing engines in the mid-19th century
– Limited impact until the late 1800s
– Rapid rise in production in the mid-20th century leading to mechanization and reduced labor force

**Current Trends and Innovations in the Agricultural Machinery Industry:**
– Focus on precision, automation, efficiency, and user-friendliness in the 21st century
– Society, agriculture, and technology driving future requirements
– Development of self-propelled combined harvester and thresher
– Various types of machinery catering to different stages of farming operations
– Tractors being the largest segment of equipment sales in developed countries

**Global Agricultural Machinery Industry Overview:**
– Production distribution in Europe, North America, China, and other regions
– Europe producing 31%, North America and China each producing 26.5%
– Total global production generating about 95 billion euros in 2013
– US experiencing revenue growth in tractor and agricultural machinery manufacturing sector
– EU aiming to maintain technological leadership and expand into high potential regions

**Regional Insights on the Agricultural Machinery Industry:**
– U.S. domestic sales and exports growth from 1999 to 2012
– AEM reporting a 27% increase in new machinery manufacturing in 2021
– Anticipated 6-10% increase in agricultural machinery demand in the next 12 months
– Argentina’s industry focusing on exports and internationalization for growth
– China’s rapid development in the agricultural machinery industry supported by government policies

**Industry Associations, Market Performance, and Publications:**
– Range of industry associations like AEA, AEM, CEMA, VDMA
– Strong market performance in 2013 for the European agricultural machinery industry
– Various reports and publications providing insights into different aspects of the industry
– Emphasis on internationalization, exports, and strategic goals for growth in different regions
– Archived resources available for further reference and historical insights