Compact Tractor Market
Compact Tractor Market Analysis by Two-wheel Drive and Four-wheel Drive for Mowing, Agriculture, Snow Clearing, and Landscaping from 2023 to 2033
Analysis of Compact Tractor Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Compact Tractor Market Outlook (2023 to 2033)
As per the latest report published by Fact.MR, the global compact tractor market is estimated at US$ 7.76 billion in 2023. Worldwide demand for compact tractors is forecasted to rise at a CAGR of 4% and reach a market value of US$ 11.5 billion by 2033-end.
Operational efficiency and small sizes of compact tractors are predicted to boost their application in multiple end-use applications, including vineyards, landscaping, orchards, mining, and construction. Compact tractors are gaining popularity due to their versatility and ability to complete multiple tasks, ranging from landscaping and farming to property maintenance and construction.
Key Market Growth Drivers
- Increasing urban population is boosting demand for property maintenance and residential landscaping. Landscaping businesses and homeowners depend on these machines for the maintenance of their gardens, properties, and lawns.
- Compact tractors are becoming a popular choice for hobby and small-scale farmers. Rising niche farming, specialty crop production, and organic agriculture are predicted to lead to increased sales of compact tractors well-suited for these tasks.
Government regulations on environmental and emission standards are predicted to play a significant role in boosting demand for compact tractors. Several manufacturers are investing in developing more fuel-efficient and cleaner models to match regulations that appeal to customers who are opting for environment-friendly equipment.
Economic factors, including inflation, interest rate, and access to credits, are projected to positively influence demand for compact tractors. With a stable economy and favorable interest rates, customers can invest more in new tractors for their properties or businesses.
Constant growth of the agricultural sector is predicted to positively impact the demand for compact tractors. Changing farming practices, agricultural subsidies, and variations in crop prices are predicted to positively affect the purchasing decisions of various agricultural businesses and farmers.
Demand for compact tractors is also increasing as older farmers generally prefer more manageable and smaller machines. In addition, younger generations entering into small-scale agriculture are expected to seek more user-friendly and modern compact tractors.
| Report Attributes | Details |
|---|---|
| Compact Tractor Market Size (2022A) | US$ 7.46 Billion |
| Estimated Market Value (2023E) | US$ 7.76 Billion |
| Forecasted Market Value (2033F) | US$ 11.5 Billion |
| Global Market Growth Rate (2023 to 2033) | 4% CAGR |
| Sales in Japan (2022) | 116 Thousand Units |
| Agriculture Application Segment Growth Rate (2023 to 2033) | 3.5% CAGR |
| Key Companies Profiled | AGCO Corporation; CNH Industrial N. V.; Agro Tractors S.p.A.; Deere and Company; Kubota Corporation; Iseki and Co. Ltd.; Deutz Fahr; L.S. Tractors; Yanmar Holdings Co. Ltd.; Mahindra and Mahindra Ltd. |
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Why are Sales of Compact Tractors Increasing Worldwide?
“Growing Number of Small-scale Agricultural Farms Driving Need for Compact Tractors”
Small-scale agriculture is being adopted extensively owing to consumers' demand for organically produced, locally sourced, and sustainable farming practices. Compact tractors are predicted to emerge as the preferred choice for various small-scale farmers.
Small-scale farmers generally grow a diverse range of crops, including herbs, vegetables, fruits, and niche products. Small farm tractors provide the flexibility necessary for the effective management of mixed farming systems. Owing to their ability to operate several implements, including seeders, plows, and harvesters, compact tractors are adapting to the changing requirements of small-scale farms.
Increasing supportive initiatives and government policies and funding are boosting the number of small-scale farms across many countries. The USDA (United States Department of Agriculture) has also altered its loan programs to support mid- and small-sized farmers. The increasing government support for small- and mid-sized agricultural farms is cushioning the demand for compact tractors.
“Maneuverability of Compact Tractors Facilitating Development of Intricate Planting Patterns”
Compact tractors are gaining traction due to their application versatility. They are well-known for their ability to adapt to an extensive array of projects, ranging from landscaping to agricultural endeavors, construction operations, and sometimes in meticulous maintenance of commercial and residential properties. Their versatility extends far beyond their size and makes them indispensable in this rapidly evolving world where efficiency and flexibility are paramount.
In the agricultural realm, compact tractors are adopted as essential tools for small- and large-scale farming operations as well as specialized endeavors. They plow seeds, harvest crops, and plant seeds with remarkable precision. The maneuverability of these tractors allows for intricate planting patterns and navigating through tight spaces, ensuring not a single inch of land has been left unattended.
Farmers with diversified agricultural pursuits, operation on limited acreage, and engagement in niche crop production find compact tractors more indispensable companions. They use these utility tractors to maximize their efficiency and yields.
What issues are Associated with Compact Tractors?
“High Operating Costs of Compact Tractors Limiting Sales”
Rising cost of diesel is predicted to lead to the increased operating costs of compact tractors for farmers, which is predicted to limit the adoption of compact tractors. In addition, outsourcing of some semiconductor devices is also anticipated to increase the final cost of garden tractors.
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What Initiatives are Start-ups Taking to Secure Their Market Position?
“Focus on Technological Advancements to Ease Use and Efficiency of Compact Tractors”
Start-ups can come up with more efficient and advanced compact tractors. Some of these features include a digital interface, telematics, and GPS-guided systems that enhance efficiency, productivity, and ease of use. These advancements are projected to attract customers who are looking for high-tech and modern equipment.
Country-wise Insights
The Asia Pacific region is projected to hold a noticeable share of the global market revenue going forward. This dominance is owing to technological advancements taking place in the agricultural sector, increasing adoption of compact tractors in farming practices, and growth of small-scale farming.
Why is the United States a Prominent Market for Compact Tractor Manufacturers?
“Increasing Number of Small-scale Agricultural Farms”
The United States is predicted to hold a significant position in the regional market because of the presence of many compact manufacturers, including Soils Tractors, John Deere, Caption Tractors, and Brim Tractor Company. In addition, increased need for small-scale agriculture farms is also contributing to growing sales of agricultural tractors.
Which Asia Pacific Countries Account for Higher Demand for Compact Tractors?
“Government Initiatives Supporting Small-scale Farms in India, China, Japan, and South Korea”
In the Asia Pacific region, Japan, China, India, and South Korea are lucrative markets for compact tractor producers. The agricultural sector contributes significantly to the economy of these countries. These utility tractors are utilized in the agricultural sector for various tasks, including hauling, tilling, planting, landscaping, mowing, and plowing.
Rising government initiatives are encouraging several small-scale farmers as well as supporting their livelihood. This is predicted to drive growth opportunities for suppliers of farm tractors.
Where is There High Demand for Compact Tractors in Europe?
“Rising Adoption of Small-scale Farming in France, Italy, Germany, and United Kingdom”
France, Italy, Germany, and the United Kingdom are key markets in the European region. The rising focus on small-scale farming is considered one of the prominent drivers cushioning product demand. Supportive initiatives and government policies, including funding and incentives, are predicted to boost small-scale farms in Europe.
For instance :
- The European Union passed a new farm policy in 2023 to support mid- and small-sized farms in 25 regional countries with a specific amount. These farms are projected to receive some percentage of the funding annually.
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Category-wise Insights
Worldwide demand for four-wheel drive compact tractors is predicted to increase due to their improved traction even in adverse weather situations, as per a study published by Fact.MR, a market research and competitive intelligence provider.
Which Drive Type is Popular in Compact Tractors?
“High Demand for Four-wheel Drive Compact Tractors Due to Better Traction”
The choice of two-wheel drive (2WD) and four-wheel drive (4WD) compact tractors depends on the specific tasks and needs of users. 4WD compact tractors offer improved traction, particularly in adverse weather conditions and challenging terrain. These tractors are less likely to be stuck in snow, mud, or uneven surfaces. They are suitable for multiple landscaping, agricultural, and utility applications, including towing, plowing, and tilling. 4WD compact tractors are stable while carrying heavy loads and reducing the risks associated with tipping.
How is Growth of the Agricultural Sector Generating Demand for Compact Tractors?
“Wide Use of Compact Tractors to Reduce Risk of Damage to Crops”
Demand for mini tractors in the agriculture sector is predicted to increase at a CAGR of 3.5% through 2033. This segment is projected to occupy a 30% share of the global market revenue in 2033.
Multiple small-scale farmers are adopting compact lawn and garden tractors as they ensure careful handling of crops and are lightweight. In addition, compact tractors come with small farm implements, including backhoes and front-end loaders, thus enabling farmers to complete multiple field tasks.
Market Competition
Compact tractor manufacturers are adopting various strategies to achieve specific purposes, including ensuring quality control of products, management of supply chain systems, and focus on innovation. Organic and inorganic strategies, including acquisitions and mergers, are adopted by market players.
For instance :
- John Deere introduced the 4075R Compact Utility Tractor in 2023. This newly developed product comes with technology-ready capabilities and heavy-duty 4R and 4M models.
- Kubota, in 2022, released electric tractors for fertilization, hauling, and mowing in parks and similar green spaces in Europe. It comes with three to four hours of operation capacity with one to two hours of charging.
Key players in the compact tractor market are AGCO Corporation, CNH Industrial N. V., Agro Tractors S.p.A., Deere and Company, Kubota Corporation, Iseki and Co. Ltd., Deutz Fahr, L.S. Tractors, Yanmar Holdings Co. Ltd., and Mahindra and Mahindra Ltd.
Segmentation of Compact Tractor Market Research
-
By Power :
- Less Than 20 HP
- 21 HP to 30 HP
- 31 HP to 40 HP
- 41 HP to 50 HP
- 51 HP to 60 HP
-
By Transmission :
- Hydrostatic
- Mechanical
-
By Drive Type :
- Two-wheel Drive
- Four-wheel Drive
-
By Application :
- Mowing
- Agriculture
- Snow Clearing
- Landscaping
-
By Region :
- North America
- Europe
- East Asia
- Latin America
- Middle East & Africa
- South Asia & Oceania
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Market Risks & Trends Assessment
- 4. Key Market Trends
- 5. Key Success Factors
- 6. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 7. Global Market - Pricing Analysis
- 8. Global Market Demand (US$ Mn) Analysis 2018 to 2022 and Forecast, 2023 to 2033
- 9. Market Background
- 10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Power
- 10.1. Below 20HP
- 10.2. 21HP-30HP
- 10.3. 31HP-40HP
- 10.4. 41HP-50HP
- 10.5. Less than 60HP
- 11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Transmission
- 11.1. Hydrostatic
- 11.2. Mechanical
- 12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Application
- 12.1. Mowing
- 12.2. Landscaping
- 12.3. Snow Cleaning
- 12.4. Agriculture
- 12.5. Others
- 13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region
- 13.1. North America
- 13.2. Latin America
- 13.3. Europe
- 13.4. East Asia
- 13.5. South Asia & Oceania
- 13.6. Middle East & Africa (MEA)
- 14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 15. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 16. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 17. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 18. South Asia & Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 19. Middle East & Africa (MEA) Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 20. Key Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033
- 21. Market Structure Analysis
- 22. Competition Analysis
- 22.1. AGCO Corporation
- 22.2. Mahindra & Mahindra Ltd.
- 22.3. Deere & Company
- 22.4. Kubota Corporation
- 22.5. CNH Industrial N.V.
- 22.6. Tong Yang Moolsan (TYM)
- 22.7. Daedong Industrial Co., Ltd.
- 22.8. Escorts Limited
- 22.9. Argo Tractors S.p.A.
- 22.10. LS Mtron
- 22.11. Yanmar Co., Ltd.
- 22.12. Other Prominent Players
- 23. Assumptions and Acronyms Used
- 24. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 02: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 03: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 04: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 05: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 06: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 07: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2018 to 2022
Table 08: Global Market Value (US$ Mn) and Volume (Units) Analysis, by Region, 2023 to 2033
Table 09: Global Market Value Y-o-Y Growth, 2023 to 2033
Table 10: Global Market Volume Y-o-Y Growth, 2023 to 2033
Table 11: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 12: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 13: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 14: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 15: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 16: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 17: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 18: North America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 19: North America Market Value Y-o-Y Growth, 2023 to 2033
Table 20: North America Market Volume Y-o-Y Growth, 2023 to 2033
Table 21: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 22: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 23: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 24: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 25: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 26: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 27: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 28: Latin America Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 29: Latin America Market Value Y-o-Y Growth, 2023 to 2033
Table 30: Latin America Market Volume Y-o-Y Growth, 2023 to 2033
Table 31: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 32: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 33: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 34: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 35: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 36: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 37: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 38: Europe Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 39: Europe Market Value Y-o-Y Growth, 2023 to 2033
Table 40: Europe Market Volume Y-o-Y Growth, 2023 to 2033
Table 41: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 42: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 43: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 44: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 45: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 46: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 47: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 48: East Asia Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 49: East Asia Market Value Y-o-Y Growth, 2023 to 2033
Table 50: East Asia Market Volume Y-o-Y Growth, 2023 to 2033
Table 51: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 52: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 53: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 54: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 55: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 56: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 57: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 58: South Asia & Oceania Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 59: South Asia & Oceania Market Value Y-o-Y Growth, 2023 to 2033
Table 60: South Asia & Oceania Market Volume Y-o-Y Growth, 2023 to 2033
Table 61: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2018 to 2022
Table 62: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Country, 2023 to 2033
Table 63: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2018 to 2022
Table 64: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Power, 2023 to 2033
Table 65: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2018 to 2022
Table 66: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Transmission, 2023 to 2033
Table 67: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2018 to 2022
Table 68: MEA Market Value (US$ Mn) and Volume (Units) Analysis, by Application, 2023 to 2033
Table 69: MEA Market Value Y-o-Y Growth, 2023 to 2033
Table 70: MEA Market Volume Y-o-Y Growth, 2023 to 2033
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List Of Figures
Figure 01: Global Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 02: Global Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2019 to 2030
Figure 04: Global Market Incremental $ Opportunity, 2023 to 2033
Figure 05: Global Market Share and BPS Analysis by Power, 2023 & 2033
Figure 06: Global Market Y-o-Y Growth Projections by Power, 2023 to 2033
Figure 07: Global Market Attractiveness Analysis by Power, 2023 to 2033
Figure 08: Global Market Value (US$ Mn), Volume (Unit) and Forecast by less than 20 HP, 2018 to 2033
Figure 09: Global Market Incremental $ Opportunity by less than 20 HP, 2023 to 2033
Figure 10: Global Market Value (US$ Mn), Volume (Unit) and Forecast by 21HP-30HP, 2018 to 2033
Figure 11: Global Market Incremental $ Opportunity by 21HP-30HP, 2023 to 2033
Figure 12: Global Market Value (US$ Mn), Volume (Unit) and Forecast by 31HP-40HP, 2018 to 2033
Figure 13: Global Market Incremental $ Opportunity by 31HP-40HP, 2023 to 2033
Figure 14: Global Market Value (US$ Mn), Volume (Unit) and Forecast by 41HP-50HP, 2018 to 2033
Figure 15: Global Market Incremental $ Opportunity by 41HP-50HP, 2023 to 2033
Figure 16: Global Market Value (US$ Mn), Volume (Unit) and Forecast by less than 60 HP, 2018 to 2033
Figure 17: Global Market Incremental $ Opportunity by less than 60 HP, 2023 to 2033
Figure 18: Global Market Share and BPS Analysis by Transmission, 2023 & 2033
Figure 19: Global Market Y-o-Y Growth Projections by Transmission, 2023 to 2033
Figure 20: Global Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 21: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Hydrostatic, 2018 to 2033
Figure 22: Global Market Incremental $ Opportunity by Hydrostatic, 2023 to 2033
Figure 23: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Mechanical, 2018 to 2033
Figure 24: Global Market Incremental $ Opportunity by Mechanical, 2023 to 2033
Figure 25: Global Market Share and BPS Analysis by Application, 2023 & 2033
Figure 26: Global Market Y-o-Y Growth Projections by Application, 2023 to 2033
Figure 27: Global Market Attractiveness Analysis by Application, 2023 to 2033
Figure 28: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Mowing, 2018 to 2033
Figure 29: Global Market Incremental $ Opportunity by Mowing, 2023 to 2033
Figure 30: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Landscaping, 2018 to 2033
Figure 31: Global Market Incremental $ Opportunity by Landscaping, 2023 to 2033
Figure 32: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Snow Clearing, 2018 to 2033
Figure 33: Global Market Incremental $ Opportunity by Snow Clearing, 2023 to 2033
Figure 34: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Agriculture, 2018 to 2033
Figure 35: Global Market Incremental $ Opportunity by Agriculture, 2023 to 2033
Figure 36: Global Market Value (US$ Mn), Volume (Unit) and Forecast by Others, 2018 to 2033
Figure 37: Global Market Incremental $ Opportunity by Others, 2023 to 2033
Figure 38: Global Market Share and BPS Analysis by Region, 2023 & 2033
Figure 39: Global Market Y-o-Y Growth Projections by Region, 2023 to 2033
Figure 40: Global Market Attractiveness Index by Region, 2023 to 2033
Figure 41: North America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 42: North America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 43: North America Market Share Analysis by Country, 2023 & 2033
Figure 44: North America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 45: North America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 46: North America Market Share Analysis by Power, 2023 & 2033
Figure 47: North America Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 48: North America Market Attractiveness Analysis by Power, 2023 to 2033
Figure 49: North America Market Share Analysis by Transmission, 2023 & 2033
Figure 50: North America Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 51: North America Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 52: North America Market Share Analysis by Application, 2023 & 2033
Figure 53: North America Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 54: North America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 55: Latin America Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 56: Latin America Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 57: Latin America Market Share Analysis by Country, 2023 & 2033
Figure 58: Latin America Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 59: Latin America Market Attractiveness Analysis by Country, 2023 to 2033
Figure 60: Latin America Market Share Analysis by Power, 2023 & 2033
Figure 61: Latin America Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 62: Latin America Market Attractiveness Analysis by Power, 2023 to 2033
Figure 63: Latin America Market Share Analysis by Transmission, 2023 & 2033
Figure 64: Latin America Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 65: Latin America Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 66: Latin America Market Share Analysis by Application, 2023 & 2033
Figure 67: Latin America Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 68: Latin America Market Attractiveness Analysis by Application, 2023 to 2033
Figure 69: Europe Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 70: Europe Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 71: Europe Market Share Analysis by Country, 2023 & 2033
Figure 72: Europe Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 73: Europe Market Attractiveness Analysis by Country, 2023 to 2033
Figure 74: Europe Market Share Analysis by Power, 2023 & 2033
Figure 75: Europe Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 76: Europe Market Attractiveness Analysis by Power, 2023 to 2033
Figure 77: Europe Market Share Analysis by Transmission, 2023 & 2033
Figure 78: Europe Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 79: Europe Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 80: Europe Market Share Analysis by Application, 2023 & 2033
Figure 81: Europe Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 82: Europe Market Attractiveness Analysis by Application, 2023 to 2033
Figure 83: East Asia Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 84: East Asia Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 85: East Asia Market Share Analysis by Country, 2023 & 2033
Figure 86: East Asia Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 87: East Asia Market Attractiveness Analysis by Country, 2023 to 2033
Figure 88: East Asia Market Share Analysis by Power, 2023 & 2033
Figure 89: East Asia Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 90: East Asia Market Attractiveness Analysis by Power, 2023 to 2033
Figure 91: East Asia Market Share Analysis by Transmission, 2023 & 2033
Figure 92: East Asia Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 93: East Asia Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 94: East Asia Market Share Analysis by Application, 2023 & 2033
Figure 95: East Asia Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 96: East Asia Market Attractiveness Analysis by Application, 2023 to 2033
Figure 97: South Asia & Oceania Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 98: South Asia & Oceania Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 99: South Asia & Oceania Market Share Analysis by Country, 2023 & 2033
Figure 100: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 101: South Asia & Oceania Market Attractiveness Analysis by Country, 2023 to 2033
Figure 102: South Asia & Oceania Market Share Analysis by Power, 2023 & 2033
Figure 103: South Asia & Oceania Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 104: South Asia & Oceania Market Attractiveness Analysis by Power, 2023 to 2033
Figure 105: South Asia & Oceania Market Share Analysis by Transmission, 2023 & 2033
Figure 106: South Asia & Oceania Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 107: South Asia & Oceania Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 108: South Asia & Oceania Market Share Analysis by Application, 2023 & 2033
Figure 109: South Asia & Oceania Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 110: South Asia & Oceania Market Attractiveness Analysis by Application, 2023 to 2033
Figure 111: MEA Market Value (US$ Mn), Volume (Unit) Historical Analysis, 2018 to 2022
Figure 112: MEA Market Value (US$ Mn), Volume (Unit) Forecast and Analysis, 2023 to 2033
Figure 113: MEA Market Share Analysis by Country, 2023 & 2033
Figure 114: MEA Market Y-o-Y Growth Projection by Country, 2023 to 2033
Figure 115: MEA Market Attractiveness Analysis by Country, 2023 to 2033
Figure 116: MEA Market Share Analysis by Power, 2023 & 2033
Figure 117: MEA Market Y-o-Y Growth Projection by Power, 2023 to 2033
Figure 118: MEA Market Attractiveness Analysis by Power, 2023 to 2033
Figure 119: MEA Market Share Analysis by Transmission, 2023 & 2033
Figure 120: MEA Market Y-o-Y Growth Projection by Transmission, 2023 to 2033
Figure 121: MEA Market Attractiveness Analysis by Transmission, 2023 to 2033
Figure 122: MEA Market Share Analysis by Application, 2023 & 2033
Figure 123: MEA Market Y-o-Y Growth Projection by Application, 2023 to 2033
Figure 124: MEA Market Attractiveness Analysis by Application, 2023 to 2033
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- FAQs -
What valuation did the compact tractor market reach in 2022?
The global compact tractor market was pegged at US$ 7.46 billion in 2022.
What was the sales volume of compact tractors in Japan in 2022?
Sales of compact tractors in Japan reached 116 thousand units in 2022.
What is the size of the global compact tractor market in 2023?
The global market stands at US$ 7.76 billion in 2023.
At what rate are worldwide sales of compact tractors projected to increase?
Sales of compact tractors are forecasted to increase at a CAGR of 4% through 2033.
What is the predicted valuation of the market for 2033?
The market for compact tractors is projected to reach US$ 11.5 billion by 2033.
At what rate is the utilization of compact tractors set to increase in the agricultural sector?
Use of compact tractors in agriculture is predicted to rise at a CAGR of 3.5% from 2023 to 2033.
What are the characteristics of a good compact tractor?
Greater clearance, short turning ability, easy and quick attachment, and adaptation to usual row widths are some key features of good compact tractors.
Compact Tractor Market