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Market Projections for FARM & AGRICULTURAL MACHINERY

The future is looking bright for the agriculture and farm machinery industry, and if there were ever a time to invest its now. According to a report released by Transparency Market Research, the global agriculture and farm machinery market is expected to have a compound annual growth rate of 8.7%, reaching $281.61 Billion by the year 2022. To put that in perspective, the market was valued at $144.10 Billion in 2014, meaning it will nearly double in less than 10 years. There are a few key ...

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