Major Group SIC 3523 - Farm Machinery And Equipment

SIC 3523 - Farm Machinery And Equipment

SIC 35 - Industrial And Commercial Machinery And Computer Equipment
SIC 01 - Agricultural Production Crops SIC 02 - Agricultural Production Livestock And Animal Specialties SIC 07 - Agricultural Services SIC 08 - Forestry SIC 09 - Fishing, Hunting, And Trapping SIC 10 - Metal Mining SIC 12 - Coal Mining SIC 13 - Oil And Gas Extraction SIC 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels SIC 15 - Building Construction General Contractors And Operative Builders SIC 16 - Heavy Construction Other Than Building Construction Contractors SIC 17 - Construction Special Trade Contractors SIC 20 - Food And Kindred Products SIC 21 - Tobacco Products SIC 22 - Textile Mill Products SIC 23 - Apparel And Other Finished Products Made From Fabrics And Similar Materials SIC 24 - Lumber And Wood Products, Except Furniture SIC 25 - Furniture And Fixtures SIC 26 - Paper And Allied Products SIC 27 - Printing, Publishing, And Allied Industries SIC 28 - Chemicals And Allied Products SIC 29 - Petroleum Refining And Related Industries SIC 30 - Rubber And Miscellaneous Plastics Products SIC 31 - Leather And Leather Products SIC 32 - Stone, Clay, Glass, And Concrete Products SIC 33 - Primary Metal Industries SIC 34 - Fabricated Metal Products, Except Machinery And Transportation Equipment SIC 35 - Industrial And Commercial Machinery And Computer Equipment SIC 36 - Electronic And Other Electrical Equipment And Components, Except Computer Equipment SIC 37 - Transportation Equipment SIC 38 - Measuring, Analyzing, And Controlling Instruments Photographic, Medical And Optical Good SIC 39 - Miscellaneous Manufacturing Industries SIC 40 - Railroad Transportation SIC 41 - Local And Suburban Transit And Interurban Highway Passenger Transportation SIC 42 - Motor Freight Transportation And Warehousing SIC 44 - Water Transportation SIC 45 - Transportation By Air SIC 46 - Pipelines, Except Natural Gas SIC 47 - Transportation Services SIC 48 - Communications SIC 49 - Electric, Gas, And Sanitary Services SIC 50 - Wholesale Trade-durable Goods SIC 51 - Wholesale Trade-non-durable Goods SIC 52 - Building Materials, Hardware, Garden Supply, And Mobile Home Dealers SIC 53 - General Merchandise Stores SIC 54 - Food Stores SIC 55 - Automotive Dealers And Gasoline Service Stations SIC 56 - Apparel And Accessory Stores SIC 57 - Home Furniture, Furnishings, And Equipment Stores SIC 58 - Eating And Drinking Places SIC 59 - Miscellaneous Retail SIC 60 - Depository Institutions SIC 61 - Non-depository Credit Institutions SIC 62 - Security And Commodity Brokers, Dealers, Exchanges, And Services SIC 63 - Insurance Carriers SIC 64 - Insurance Agents, Brokers, And Service SIC 65 - Real Estate SIC 67 - Holding And Other Investment Offices SIC 70 - Hotels, Rooming Houses, Camps, And Other Lodging Places SIC 72 - Personal Services SIC 73 - Business Services SIC 75 - Automotive Repair, Services, And Parking SIC 76 - Miscellaneous Repair Services SIC 78 - Motion Pictures SIC 79 - Amusement And Recreation Services SIC 80 - Health Services SIC 81 - Legal Services SIC 82 - Educational Services SIC 83 - Social Services SIC 84 - Museums, Art Galleries, And Botanical And Zoological Gardens SIC 86 - Membership Organizations or Unions And Similar Labor Organizations SIC 87 - Engineering, Accounting, Research, Management, And Related Services SIC 89 - Services, Not Elsewhere Classified SIC 96 - Administration Of Economic Programs
- SIC 352 - Farm And Garden Machinery And Equipment
  SIC 351 - Engines And Turbines SIC 352 - Farm And Garden Machinery And Equipment SIC 353 - Construction, Mining, And Materials Handling SIC 354 - Metalworking Machinery And Equipment SIC 355 - Special Industry Machinery, Except Metalworking SIC 356 - General Industrial Machinery And Equipment SIC 357 - Computer And Office Equipment SIC 358 - Refrigeration And Service Industry Machinery SIC 359 - Miscellaneous Industrial And Commercial
  - SIC 3523 - Farm Machinery And Equipment
    SIC 3523 - Farm Machinery And Equipment SIC 3524 - Lawn And Garden Tractors And Home Lawn And Garden Equipment

Establishments primarily engaged in manufacturing farm machinery and equipment, including wheel tractors, for use in the preparation and maintenance of the soil; planting and harvesting of the crop; preparing crops for market on the farm; or for use in performing other farm operations and processes. Included in this industry are establishments primarily engaged in manufacturing commercial mowing and other turf and grounds care equipment. Establishments primarily engaged in manufacturing farm handtools are classified in Industry Group 342, and those manufacturing garden tractors, lawnmowers and other lawn and garden equipment are classified in Industry 3524.

Industry trends:

The Farm Machinery and Equipment industry (NAICS 3523) has been experiencing notable qualitative trends driven by advancements in technology, increasing focus on sustainability, and evolving market demands. A significant trend is the adoption of precision agriculture technologies, such as GPS-guided equipment, IoT-enabled sensors, and drones. These technologies help farmers enhance efficiency, reduce waste, and optimize the use of resources such as water and fertilizers.

Another emerging trend is the shift towards electric and autonomous farm machinery. Electric tractors and other equipment are gaining attention due to their lower environmental impact and reduced operational costs. Autonomous machinery, which can perform tasks without human intervention, is expected to revolutionize farming by addressing labor shortages and increasing productivity.

There is also a growing emphasis on sustainable practices and equipment that supports regenerative agriculture. Machinery designed to minimize soil disturbance and promote soil health is becoming more popular as farmers adopt practices that improve long-term farm viability and environmental stewardship.

In terms of forecasts, the near future is likely to see continued innovation in smart farming technologies, with an increasing number of manufacturers incorporating AI and machine learning capabilities into their products. Moreover, government policies and incentives aimed at promoting sustainable agriculture and renewable energy are expected to drive further growth in the adoption of eco-friendly farm machinery. As a result, the industry is poised for significant advancement, with technology playing a key role in shaping future trends.

This industry is comprised of:

Hog feeding, handling, and watering equipment

Hulling machinery, agricultural

Incubators, except laboratory and infant

Irrigation equipment, self-propelled

Land rollers and levelers (agricultural machinery)

Listers

Loaders, farm type (general utility)

Milking machines

Mowers and mower-conditioners, hay

Peanut combines, diggers, packers, and threshers (agricultural

Planting machines, agricultural

Plows, agricultural: disc, moldboard, chisel, etc.

Potato diggers, harvesters, and planters (agricultural machinery)

Poultry brooders, feeders, and waterers

Poultry vision control devices

Presses and balers, farm: hay, cotton, etc.

Rakes, hay (agricultural machinery)

Rotary hoes (agricultural machinery)

Roughage mills (agricultural machinery)

Seeders (agricultural machinery)

Separators, grain and berry: farm

Shears, sheep: power

Shellers, nut (agricultural machinery)

Shredders (agricultural machinery)

Silo fillers (agricultural machinery)

Soil pulverizers and packers (agricultural machinery)

Sorting machines for agricultural products

Sprayers, hand: agricultural

Spraying machines (agricultural machinery)

Spreaders, fertilizer

Tobacco curers

Tractors, wheel: farm type

Trailers and wagons, farm

Transplanters

Turf equipment, commercial

Vine pullers

Volume guns (irrigation equipment)

Water troughs

Weeding machines, farm

Windmills for pumping water (agricultural machinery)

Windrowers (agricultural machinery)

Agricultural implements and machinery

Ammonia applicators and attachments (agricultural machinery)

Bale throwers

Balers, farm: e.g., hay, straw, cotton

Barn cleaners

Barn stanchions and standards

Blowers and cutters, ensilage

Blowers, forage

Brooders

Cabs, agricultural machinery

Calf savers (farm equipment)

Cattle feeding, handling, and watering equipment

Cattle oilers (farm equipment)

Chicken brooders

Cleaning machines for fruits, grains and vegetables: farm

Combines (harvester-threshers)

Conveyors, farm (agricultural machinery)

Corn pickers and shellers, farm

Corrals, portable

Cotton picker and stripper harvesting machinery

Cream separators, farm

Crop driers, farm

Crushers, feed (agricultural machinery)

Cultivators, agricultural field and row crop

Cutters, ensilage

Dairy equipment, farm

Drags (agricultural equipment)

Driers: grain, hay, and seed (agricultural implements)

Dusters, mechanical: agricultural

Elevators, farm

Farm machinery and equipment

Feed grinders, crushers, and mixers (agricultural machinery)

Feeders, chicken

Fertilizing machinery, farm

Field type rotary tillers (agricultural machinery)

Fruit, vegetable, berry, and grape harvesting machines

Gates, holding (farm equipment)

Grading, cleaning, and sorting machines: fruit, grain, and vegetable

Grain drills, including legume planters (agricultural machinery)

Grain stackers

Greens mowing equipment

Grounds mowing equipment

Hair clippers for animal use, hand and electric

Hammer and roughage mills (agricultural machinery)

Harrows: disc, spring, and tine

Harvesting machines

Haying machines: mowers, rakes, loaders, stackers, balers, presses,

Explore related industries:

SIC 0711 - Soil Preparation Services SIC 3799 - Transportation Equipment, Not Elsewhere Classified SIC 5083 - Farm And Garden Machinery And Equipment

SIC 3523 - Farm Machinery And Equipment

Industry trends:

This industry is comprised of:

Explore related industries:

This report includes the ability to segment your Industry by:

What Is iCFO?

Sound Business Analysis

Your Business’ Health In Minutes

SIC 3523 - Farm Machinery And Equipment

Industry trends:

This industry is comprised of:

Explore related industries:

This report includes the ability to segment your Industry by:

With iCFO You Get

What Is iCFO?

Sound Business Analysis

Your Business’ Health In Minutes

Want the full suite?

Try iCFO FREE for 14 days!