Report overview
Farm tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction. Most commonly, the term is used to describe a farm vehicle that provides the power and traction to mechanize agricultural tasks, especially (and originally) tillage, but nowadays a great variety of tasks. Agricultural implements may be towed behind or mounted on the tractor, and the tractor may also provide a source of power if the implement is mechanized.
This report aims to provide a comprehensive presentation of the global market for Farm Tractors, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Farm Tractors. This report contains market size and forecasts of Farm Tractors in global, including the following market information:
Global Farm Tractors Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Farm Tractors Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Farm Tractors companies in 2022 (%)
The global Farm Tractors market was valued at US$ 10950 million in 2022 and is projected to reach US$ 17110 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In EMEA (Europe, Middle East and Africa), Farm Tractors key players include CNH Industrial, Deere, AGCO Corporation, etc. Global top three manufacturers hold a share nearly 40%.
Europe is the largest market, with a share about 65%, followed by Middle East, and Africa, both have a share about 35 percent.
In terms of product, Wheel Tractor is the largest segment, with a share over 90%. And in terms of application, the largest application is Plowing and Cultivating, followed by Harvesting, Planting and Fertilizing, Spraying and Others, etc.
We surveyed the Farm Tractors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Farm Tractors Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Farm Tractors Market Segment Percentages, by Type, 2022 (%)
Wheel Tractor
Crawler Tractor
Global Farm Tractors Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Farm Tractors Market Segment Percentages, by Application, 2022 (%)
Harvesting
Haying
Planting and Fertilizing
Plowing and Cultivating
Spraying
Others
Global Farm Tractors Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Farm Tractors Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Farm Tractors revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Farm Tractors revenues share in global market, 2022 (%)
Key companies Farm Tractors sales in global market, 2018-2023 (Estimated), (Units)
Key companies Farm Tractors sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CNH Industrial
Deere
AGCO Corporation
Same Deutz-Fahr
Claas
Kubota
Agri Argo
JCB
ITMCO
MTZ (Minsk)
Mahindra
China YTO
Outline of Major Chapters:
Chapter 1: Introduces the definition of Farm Tractors, market overview.
Chapter 2: Global Farm Tractors market size in revenue and volume.
Chapter 3: Detailed analysis of Farm Tractors manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Farm Tractors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Farm Tractors capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
