The global Agricultural Tractor Machinery market was valued at US$ 49810 million in 2022 and is projected to reach US$ 61930 million by 2035, at a CAGR of 3.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A tractor is a farm vehicle that provides the power and traction to mechanize agricultural tasks, especially tillage. However, the use of tractors has been shifted to various farm related tasks. Agricultural implements are towed behind a tractor that then provides a source of power for the mechanization of implements. Agricultural use of tractors is the largest segment in the agricultural machinery sector. Improvement in efficiency is one of the reasons why tractors are popularly employed by farmers.
This report aims to provide a comprehensive presentation of the global market for Agricultural Tractor Machinery, 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 Agricultural Tractor Machinery. This report contains market size and forecasts of Agricultural Tractor Machinery in global, including the following market information:
- Global Agricultural Tractor Machinery Market Revenue, 2018-2023, 2024-2035, ($ millions)
- Global Agricultural Tractor Machinery Market Sales, 2018-2023, 2024-2035, (K Units)
- Global top five Agricultural Tractor Machinery companies in 2022 (%)
Driven by growing global population, rising demand for food and the need for better yield and productivity, future of tractor machinery market is seen to be positive. Opportunities lie in higher market penetration in the developing regions of Asia and South America. Technological innovation in order to shorten the replacement cycle will further boost the market growth for tractors. Low purchasing power of farmers and the high cost of products are some of the major constraints for market growth, specifically in cost-sensitive regions.
We surveyed the Agricultural Tractor Machinery 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 Agricultural Tractor Machinery Market, by Type, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Agricultural Tractor Machinery Market Segment Percentages, by Type, 2022 (%)
- Wheel Tractor
- Crawler Tractor
Global Agricultural Tractor Machinery Market, by Application, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Agricultural Tractor Machinery Market Segment Percentages, by Application, 2022 (%)
- Farm
- Landscape Garden
- Sports Fields and Grounds
- Other
Global Agricultural Tractor Machinery Market, By Region and Country, 2018-2023, 2024-2035 ($ Millions) & (K Units)
Global Agricultural Tractor Machinery Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Agricultural Tractor Machinery revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Agricultural Tractor Machinery revenues share in global market, 2022 (%)
- Key companies Agricultural Tractor Machinery sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Agricultural Tractor Machinery sales share in global market, 2022 (%)
Key players include:
- John Deere
- Caterpillar
- AGCO
- CNH Industrial
- Belarus Tractor
- Mahindra Tractors
- CLAAS
- Kubota
- Deutz-Fahr
- Kioti
- Valtra
- LOVOL
- YTO Group
- Zoomlion
- Dongfeng Farm
Outline of Major Chapters:
Chapter 1: Introduces the definition of Agricultural Tractor Machinery, market overview.
Chapter 2: Global Agricultural Tractor Machinery market size in revenue and volume.
Chapter 3: Detailed analysis of Agricultural Tractor Machinery 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 Agricultural Tractor Machinery 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 Agricultural Tractor Machinery 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.
