Jamie Cook

Kristen Owen

Stephen Volkmann

Tami Zakaria

Kyle Menges

Mircea Dobre

Jerry Revich

Steven Fisher

Angel Castillo Malpica

Clay Williams

Joel Jackson

Michael Feniger

Timothy Thein

Tim Thein

- The Precision Planting Market is projected to grow from an estimated **$1.65 Billion in 2025** to **$3.50 Billion by 2035**, demonstrating a **Compound Annual Growth Rate of 7.76%**.  **[880266_41c11312609d47058d0a5e86d3395769_0]** **[880266_41c11312609d47058d0a5e86d3395769_3]** 
- **AGCO Corporation** is identified as a prominent market player, making significant investments in integrating precision hardware and software into planters.  **[880266_41c11312609d47058d0a5e86d3395769_1]** **[880266_41c11312609d47058d0a5e86d3395769_2]** 
- Market growth is driven by the need for farmers to maximize yields and reduce costs, supported by advances in sensors, GPS, and AI.  **[880266_41c11312609d47058d0a5e86d3395769_0]** 
- **North America is the leading region** in this market, with AGCO's **September 2023 acquisition of Trimble's agricultural assets** contributing to a robust precision agriculture platform.  **[880266_41c11312609d47058d0a5e86d3395769_0]**

AGCO Positioned as Key Player in Precision Planting Market Projected for Significant Growth

- AGCO Corporation completed the sale of its ownership interest in Tractors and Farm Equipment Limited (**TAFE**) on **September 30, 2025**.  **[880266_0000880266-25-000056_agcoex-991.htm:0]** **[880266_0000880266-25-000056_agco-20250930.htm:1]** 
- The sale generated an aggregate amount of **$260 million**, with after-tax proceeds totaling approximately **$230 million**.  **[880266_0000880266-25-000056_agcoex-991.htm:0]** **[880266_0000880266-25-000056_agco-20250930.htm:1]** 
- Following the completion of the sale, several previously disclosed agreements between AGCO and TAFE became effective, and a Letter Agreement dated April 24, 2019, expired.  **[880266_0000880266-25-000056_agcoex-991.htm:0]** **[880266_0000880266-25-000056_agco-20250930.htm:1]**

AGCO Completes Sale of TAFE Interest

- **AGCO Corporation** completed the **sale of its ownership interest in Tractors and Farm Equipment Limited ("TAFE")** on **September 30, 2025**.  **[880266_20250930CL86110:0]** 
- The transaction generated an **aggregate amount of $260 million**, with **after-tax proceeds totaling approximately $230 million**.  **[880266_20250930CL86110:0]** 
- As part of the sale, substantive provisions of several previously disclosed agreements between AGCO and TAFE became effective, and a prior Letter Agreement between the companies expired.  **[880266_20250930CL86110:0]**

- AGCO held its 2025 Technology Event on **September 30, 2025**, outlining its vision to be the farmers' trusted partner for industry-leading smart farming solutions.  **[880266_2162181:0]** **[880266_2162181:3]** 
- The company is executing five strategic shifts, including building the **PTx ecosystem** and a restructuring program aimed at capturing **$175-200 million in expense savings**.  **[880266_2162181:3]** 
- AGCO's growth strategy is built on three pillars: unlocking Fendt's full potential, leading in Precision Ag, and accelerating global parts growth, with projected Net Sales for Precision Ag reaching **$2.0 billion by 2029E** and Global Parts reaching **$2.3 billion by 2029E**.  **[880266_2162181:4]** 
- AGCO is commercializing **11 new technology products in 2025**, such as OutRun Autonomy and FarmENGAGE, and reaffirmed its **$2 billion revenue ambition for PTx by 2029**.  **[880266_2162181:7]** **[880266_2162181:9]**

AGCO Outlines Strategic Shifts and Growth Pillars at 2025 Technology Event

- AGCO is undergoing a strategic transformation, focusing on high-tech, high-margin precision agriculture (PTX) solutions, targeting a **$2 billion** outcome for PTX by **2029** from a **$900 million** starting platform.  **[880266_2161936_4]** **[880266_2161936_6]** 
- The company announced a **$1 billion** share buyback program, reflecting confidence in its strategic direction.  **[880266_2161936_4]** 
- Key growth drivers include **Fendt**, aiming for **$1.7 billion by 2029**; **Precision Ag (PTX)**, targeting **$2.0 billion by 2029**; and **Parts & Service**, projected to reach **$2.3 billion** by increasing its share of sales from **15% to 20%**.  **[880266_2161936_6]** **[880266_2161936_7]** **[880266_2161936_8]** 
- Through "Project Reimagine," AGCO has achieved a **$200 million** reduction in its cost base from an initial **$1 billion** through **700 projects**.  **[880266_2161936_4]** 
- PTX is launching **11 new products** in 2025, including Radicle Agronomics, OutRun Autonomy, Farm Engage, and Symphony, many of which enable recurring revenue models.  **[880266_2161936_11]** **[880266_2161936_12]**

AGCO Outlines Strategic Transformation and Growth Targets at Technology Event

- AGCO Corporation is showcasing its latest **precision agriculture technology** at its annual Tech Day on **September 30 – October 1, 2025**, in Markt Indersdorf, Germany.  **[880266_20250925CL81735:0]** 
- The event highlights Farmer-First innovations designed to increase yields and boost profitability across various equipment fleets, including solutions from AGCO's new brand, PTx™.  **[880266_20250925CL81735:0]** 
- Key technologies demonstrated include **PTx FarmENGAGE** (a digital platform for managing farm operations), **PTx Trimble's Outrun autonomous technology** for fertilization and tillage, and **SymphonyVision** (an AI-based targeted spraying system that can reduce chemical usage by up to 70%).  **[880266_20250925CL81735:0]** 
- AGCO's Chairman, President, and CEO, Eric Hansotia, expressed confidence in achieving the company's goal of **$2 billion in precision ag sales by 2029**.  **[880266_20250925CL81735:0]**

AGCO Spotlights Precision Ag Technology at Tech Day 2025

- AGCO's AGCO Power division is opening **new production facilities** in Linnavuori, Finland, with an investment of **€54 million**.  **[880266_20250925CL81589:0]** 
- This investment is part of AGCO Corporation's previous **€70 million commitment** to the Linnavuori engine plant and strengthens its role as AGCO's global center of expertise for engines.  **[880266_20250925CL81589:0]** 
- The new facilities include a machining hall for manufacturing Continuously Variable Transmission (CVT) components and cylinder heads, and an expanded remanufacturing area, which will increase the plant's maximum capacity for remanufactured engines to **2,500 per year**.  **[880266_20250925CL81589:0]**

AGCO Power Invests €54 Million in Finnish Production Facilities

- AGCO is strategically reshaping its portfolio, including a **$2.3 billion** investment in Precision Technologies Multiplied (PTX) to drive high-margin growth, aiming for **$2 billion** in PTX sales by **2029**.  **[880266_tx_379071_0]** **[880266_tx_379071_2]** 
- The company projects **2025** as the **trough** of the business cycle, with current performance being **double** that of the last trough and similar to the last peak due to strategic moves and faster reactions.  **[880266_tx_379071_1]** 
- AGCO announced a **$1 billion** share repurchase commitment, the largest in its history, enabled by the resolution of the TAFE relationship.  **[880266_tx_379071_0]** **[880266_tx_379071_9]** 
- Future growth is expected from globalizing the FENT brand (targeting **$1.7 billion** sales by **2029**) and expanding the parts and service business (targeting **$2.3 billion** by **2029**).  **[880266_tx_379071_2]** **[880266_tx_379071_6]** **[880266_tx_379071_7]** 
- Operational efficiency initiatives and restructuring are projected to yield significant cost savings, including **$100 million to $125 million** in run-rate savings by the end of **2025** and an additional **$75 million** by the end of **2026**.  **[880266_tx_379071_0]** **[880266_tx_379071_2]**

AGCO Details Strategic Reshaping and Growth Outlook

- The U.S. Tractor Market is projected for growth, with its size and Compound Annual Growth Rate (CAGR) detailed below  **[880266_08ff382482c34f92866d019f985c5001_0]** :
| Metric | 2024 | 2030 |
|---|---|---|
| U.S. Tractor Market Size (Units) | **217,200**  **[880266_08ff382482c34f92866d019f985c5001_0]**  | **245,059**  **[880266_08ff382482c34f92866d019f985c5001_0]**  |
| CAGR (%) | N/A | **2.03%**  **[880266_08ff382482c34f92866d019f985c5001_0]**  |
- The market is competitive, with **Deere & Company and CNH Industrial** together holding **over 45% of the market share**.  **[880266_08ff382482c34f92866d019f985c5001_0]**  In early **2024, AGCO** strengthened its U.S. presence by launching Fendt electric tractors and expanding its Fuse Smart Farming platform.  **[880266_08ff382482c34f92866d019f985c5001_0]** 
- Key market trends include the rising demand for **electric and alternative fuel tractors** and the adoption of **autonomous and semi-autonomous tractors**.  **[880266_08ff382482c34f92866d019f985c5001_1]** **[880266_08ff382482c34f92866d019f985c5001_2]** 
- Industry restraints include **fluctuations in agricultural commodity prices** and **climate variability**, which can impact farmers' income and their ability to purchase equipment.  **[880266_08ff382482c34f92866d019f985c5001_3]**

U.S. Tractor Market Research Report Highlights Key Trends and Projections

- The United States agricultural tractor market is projected to grow from an estimated **US$ 20.73 billion in 2024** to **US$ 32.1 billion by 2033**, exhibiting a compound annual growth rate (CAGR) of **4.98%** from 2025 to 2033.  **[880266_f1d3491fb45148e7891c159e282441ee_0]** **[880266_f1d3491fb45148e7891c159e282441ee_3]** 
- Key growth drivers for the market include the rise of small tractors, technological advancements such as automation and telematics, agricultural consolidation, and increasing demand for more efficient and environmentally friendly models.  **[880266_f1d3491fb45148e7891c159e282441ee_0]** 
- The market is also propelled by a persistent labor shortage in the U.S. agricultural sector, developments in precision agriculture, and significant government grants and incentives, including **$12.5 billion** in government-backed equipment loans in 2023.  **[880266_f1d3491fb45148e7891c159e282441ee_1]** 
- Challenges facing the market include stringent environmental and emissions compliance regulations, which can increase manufacturing costs, and economic uncertainty and market volatility affecting raw material prices and farmer purchasing decisions.  **[880266_f1d3491fb45148e7891c159e282441ee_2]** 
- AGCO Corporation introduced its AE50 award-winning Fendt 600 Vario Series tractor in North America in **August 2024** to address increased demand.  **[880266_f1d3491fb45148e7891c159e282441ee_1]**

AGCO CORP /DE (AGCO)