Agricultural Tractors Market
Agricultural Tractors Market Analysis by Engine Power (Less than 40 HP, between 41 to 100 HP, More than 100 HP), by Driveline Type (2WD Agricultural Tractors, 4WD Agricultural Tractors), by Region - Global Forecast 2022-2032
Analysis of Agricultural Tractors market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Agricultural Tractors Market Outlook (2022-2032)
The global sales of agricultural tractors will likely garner a market value of US$ 63 Mn in 2022 and is expected to register a CAGR of 6% by accumulating a market value of US$ 113 Mn through the assessment period 2022-2032.
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Report Attributes |
Values |
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Expected Market Value in 2022 |
US$ 63 Mn |
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Forecasted Market Value in 2032 |
US$ 113 Mn |
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Growth Rate (2022-2032) |
6% CAGR |
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Key Companies Profiled |
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Increase in demand for food has burdened the agriculture industry across the globe. Thus, to escalate the production rate, farmers are relying on agricultural tractors for sowing, ploughing and spraying. Furthermore, improving mechanization in tractors is rapidly growing the adoption of the same.
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Demand Analysis of Agricultural Tractors from 2015 to 2021 Vs Market Projections for 2022 to 2032
As per Fact.MR’s report, from 2015 to 2021, the global sales of agricultural tractors market experienced an incline of 4%. A rapidly expanding population and consequent requirement of food has led to an increase in the proportion of food crops cultivation, impelling demand for agricultural tractors in the recent past.
During the COVID-19 pandemic, prospects somewhat declined, especially in the first half of 2020, attributed to the imposition of strict lockdowns. The prevalence of these lockdowns prevented any agricultural activity from happening, leading to cessation of usage of agricultural tractors. However, as the curbs eased, a gradual resurgences is being observed.
Manufacturers of agricultural tractors are focusing on improving the efficiency of the same by making them automatic and electric. Moreover, cost efficiency and convenience of using 2WD tractors is escalating the demand for agricultural tractors. Thus, the sales of agricultural tractors are expected to exceed US$ 113 Mn by registering a CAGR of 6% in the forecast period 2022-2032.
Convenience Playing a Key Role in Upsurging Demand for Agricultural Tractors?
Agriculture is one of the major occupations of most people across the globe. Increase in the population has burdened farmers with providing food. As demand and supply chain of food is getting affected at a large scale, farmers are depending on options that make crop cultivation easy. Thus, the demand for agricultural tractors has increased.
Agricultural tractors are convenient to use and fasten the process of crop cultivation. Moreover, changes in seasons require a change in crop production. Thus, the process of ploughing, sowing and spraying is time consuming. Due to these factors, manufacturers of agricultural tractors are focusing on improvising existing models by working on mechanization of tractors. This, in turn, is expected to improve the sales of agricultural tractors.
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Mechanization Increasing Popularity of Agricultural Tractors?
Technological advancement is playing a key role in the innovation of agricultural tractors. Companies are focusing on integrating electric power for smooth and easy functioning of tractors. Moreover, to reduce the burden of farmers and to augment the process of crop cultivation, automatic tractors are being preferred by farmers on a large scale.
In addition, large and small farm lands require different tractors. Thus, 2 WD and 4WD tractors have gained popularity as they are helpful to escalate the production of crops. Furthermore, the integration of telematics and initiatives by governments to increase the agricultural sector is positively influencing the sales of agricultural tractors.
Country-wise Analysis
Dominance of Agriculture Accelerating Demand for Agricultural Tractors in Asia Pacific?
According to India Brand Equity Foundation, 58% of the Indian occupation practices agriculture. In addition, agriculture strongly contributes to the gross domestic product of the country. Moreover, India is the largest producer of pulses and jute along with the majority of the country’s population being vegetarian. Thus, the demand for accelerating production has increased.
All these factors have increased the demand for agricultural tractors in the country. Presence of key market players along with local players is adding to the market value of agricultural tractors. China too is the largest producer of rice. Technological advancement along with upgradation of mechanical processes in tractors is fueling the growth of agricultural tractors in the region. Thus, Asia Pacific is expected to hold more than 70% market share for agricultural tractors.
Autonomous Tractors Escalating Demand for Agricultural Tractors in Europe?
Technological advancement has taken a forefront in nearly all domains in Europe. Thus, agriculture too is no exception. This has led to the demand for autonomous and electric tractors in Europe. In comparison, the land for agriculture in countries such as Greece, Italy and Lithuania are bigger in comparison to other regions. Thus, to save time, demand for agricultural tractors has escalated in the region.
Furthermore, the government in Europe is focusing on increasing the production rate of agriculture. Thus, the demand for agricultural tractors has increased in the region. Due to the aforementioned factors, Europe is expected to hold more than 40% market share for agricultural tractors in the forecast period.
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Category-Wise Insights
Smaller Farm Lands Bolstering Demand for Less Than 40 HP Agricultural Tractors?
Tractors possessing less than 40 HP engine power have gained massive popularity amongst farmers. This is due to the qualities of less than 40 HP engine power. 40 HP powers are convenient to use in smaller farm lands and perform tasks efficiently. In addition, lower prices of less than 40 HP engine power agricultural tractors is driving the demand for the same.
Furthermore, most farm lands in Asia Pacific are smaller in size. Moreover, continuous ploughing according to the season change requires tractors that would not delay the process of production. Electrical agricultural tractors are gaining huge prominence too for less than 40 HP engine power. Thus, less than 40 HP engine power is expected to hold more than 45% market share for agricultural tractors.
Cost Efficiency and Convenience Increasing Adoption 2 WD Tractors?
Smaller land farms require tractors that can easily turn and move without causing much trouble. Thus, preference towards 2 WD (wheel drive) agricultural tractors has increased by leaps and bounds. 2 WD agricultural tractors are cost efficient and require less investment. In addition, they provide an easy turn cycle in compact and smaller farm lands.
Moreover, 2 WD agricultural tractors are easy to drive and can be easily navigated. Thus, by driveline, 2 WD tractors are expected to hold more than 75% market share for agricultural tractors.
Competitive Landscape
- In January 2022, Deere & Company revealed a fully autonomous tractor that is ready for large scale production. The tractor consists of GPS system, advanced technologies and Tru-Set enabled chisel plow. Furthermore, the tractor is expected to be available in the market by the end of 2022.
- In January 2022, Deere & Company received eight AE50 awards for innovative product engineering from ASABE. The company is focusing on increasing efficiency of its wide range products that would provide instant results.
Report Scope
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Attribute |
Details |
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Forecast Period |
2022-2032 |
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Historical Data Available for |
2015-2021 |
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Market Analysis |
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Key Regions Covered |
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Key Countries Covered |
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Key Segments Covered |
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Key Segments Covered in the Agricultural Tractors Industry Report
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By Engine Power
- Agricultural Tractors Less than 40 HP
- Agricultural Tractors between 41 to 100 HP
- Agricultural Tractors More than 100 HP
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By Driveline Type
- 2WD Agricultural Tractors
- 4WD Agricultural Tractors
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Summary of Statistics 1.3. Key Market Characteristics & Attributes 1.4. Fact.MR Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Risks and Trends Assessment 3.1. Risk Assessment 3.1.1. COVID-19 Crisis and Impact on Agricultural Tractors Demand 3.1.2. COVID-19 Impact Benchmark with Previous Crisis 3.1.3. Impact on Market Value (US$ Mn) 3.1.4. Assessment by Key Countries 3.1.5. Assessment by Key Market Segments 3.1.6. Action Points and Recommendation for Suppliers 3.2. Key Trends Impacting the Market 3.3. Formulation and Product Development Trends 4. Market Background and Foundation Data Points 4.1. Global Agricultural Tractors Market (US$ Mn) 4.2. Agricultural Tractors Market Opportunity Assessment (US$ Mn) 4.2.1. Total Available Market 4.2.2. Serviceable Addressable Market 4.2.3. Serviceable Obtainable Market 4.3. Market Scenario Forecast 4.3.1. Demand in optimistic Scenario 4.3.2. Demand in Likely Scenario 4.3.3. Demand in Conservative Scenario 4.4. Investment Feasibility Analysis 4.4.1. Investment in Established Markets 4.4.1.1. In Short Term 4.4.1.2. In Long Term 4.4.2. Investment in Emerging Markets 4.4.2.1. In Short Term 4.4.2.2. In Long Term 4.5. Forecast Factors - Relevance & Impact 4.5.1. Top Companies Historical Growth 4.5.2. Global Agricultural Tractors Market Growth 4.5.3. Agricultural Tractors Adoption Rate, By Country 4.6. Market Dynamics 4.6.1. Market Driving Factors and Impact Assessment 4.6.2. Prominent Market Challenges and Impact Assessment 4.6.3. Agricultural Tractors Market Opportunities 4.6.4. Prominent Trends in the Global Market & Their Impact Assessment 5. Key Success Factors 5.1. Manufacturers’ Focus on Low Penetration High Growth Markets 5.2. Banking on with Segments High Incremental Opportunity 5.3. Peer Benchmarking 6. Global Agricultural Tractors Market Demand Analysis 2015-2021 and Forecast, 2022-2032 6.1. Historical Market Analysis, 2015-2021 6.2. Current and Future Market Projections, 2022-2032 6.3. Y-o-Y Growth Trend Analysis 7. Global Agricultural Tractors Market Value Analysis 2015-2021 and Forecast, 2022-2032 7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Global Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032, By Engine Power 8.1. Introduction / Key Findings 8.2. Historical Market Size (US$ Mn) Analysis By Engine Power , 2015-2021 8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Engine Power , 2022-2032 8.3.1. Less than 40 HP 8.3.2. 41 to 100 HP 8.3.3. More than 100 HP 8.4. Market Attractiveness Analysis By Engine Power 9. Global Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032, By Driveline Type 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) Analysis By Driveline Type , 2015-2021 9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Driveline Type , 2022-2032 9.3.1. 2WD 9.3.2. 4WD 9.4. Market Attractiveness Analysis By Driveline Type 10. Global Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032, By Region 10.1. Introduction 10.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021 10.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032 10.3.1. North America 10.3.2. Latin America 10.3.3. Europe 10.3.4. Asia Pacific 10.3.5. Middle East and Africa (MEA) 10.4. Market Attractiveness Analysis By Region 11. North America Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 11.1. Introduction 11.2. Pricing Analysis 11.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 11.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 11.4.1. By Country 11.4.1.1. U.S. 11.4.1.2. Canada 11.4.1.3. Rest of North America 11.4.2. By Engine Power 11.4.3. By Driveline Type 11.5. Market Attractiveness Analysis 11.5.1. By Country 11.5.2. By Engine Power 11.5.3. By Driveline Type 12. Latin America Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 12.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 12.4.1. By Country 12.4.1.1. Brazil 12.4.1.2. Mexico 12.4.1.3. Rest of Latin America 12.4.2. By Engine Power 12.4.3. By Driveline Type 12.5. Market Attractiveness Analysis 12.5.1. By Country 12.5.2. By Engine Power 12.5.3. By Driveline Type 13. Europe Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 13.4.1. By Country 13.4.1.1. Germany 13.4.1.2. France 13.4.1.3. U.K. 13.4.1.4. Italy 13.4.1.5. Benelux 13.4.1.6. Nordic Countries 13.4.1.7. Rest of Europe 13.4.2. By Engine Power 13.4.3. By Driveline Type 13.5. Market Attractiveness Analysis 13.5.1. By Country 13.5.2. By Engine Power 13.5.3. By Driveline Type 14. Asia Pacific Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 14.1. Introduction 14.2. Pricing Analysis 14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 14.4.1. By Country 14.4.1.1. China 14.4.1.2. Japan 14.4.1.3. South Korea 14.4.1.4. Rest of Asia Paific 14.4.2. By Engine Power 14.4.3. By Driveline Type 14.5. Market Attractiveness Analysis 14.5.1. By Country 14.5.2. By Engine Power 14.5.3. By Driveline Type 15. Middle East and Africa Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 15.1. Introduction 15.2. Pricing Analysis 15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021 15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032 15.4.1. By Country 15.4.1.1. GCC Countries 15.4.1.2. South Africa 15.4.1.3. Turkey 15.4.1.4. Rest of Middle East and Africa 15.4.2. By Engine Power 15.4.3. By Driveline Type 15.5. Market Attractiveness Analysis 15.5.1. By Country 15.5.2. By Engine Power 15.5.3. By Driveline Type 16. Key Countries Agricultural Tractors Market Analysis 2015-2021 and Forecast 2022-2032 16.1. Introduction 16.1.1. Market Value Proportion Analysis, By Key Countries 16.1.2. Global Vs. Country Growth Comparison 16.2. US Agricultural Tractors Market Analysis 16.2.1. Value Proportion Analysis by Market Taxonomy 16.2.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.2.2.1. By Engine Power 16.2.2.2. By Driveline Type 16.3. Canada Agricultural Tractors Market Analysis 16.3.1. Value Proportion Analysis by Market Taxonomy 16.3.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.3.2.1. By Engine Power 16.3.2.2. By Driveline Type 16.4. Mexico Agricultural Tractors Market Analysis 16.4.1. Value Proportion Analysis by Market Taxonomy 16.4.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.4.2.1. By Engine Power 16.4.2.2. By Driveline Type 16.5. Brazil Agricultural Tractors Market Analysis 16.5.1. Value Proportion Analysis by Market Taxonomy 16.5.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.5.2.1. By Engine Power 16.5.2.2. By Driveline Type 16.6. Germany Agricultural Tractors Market Analysis 16.6.1. Value Proportion Analysis by Market Taxonomy 16.6.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.6.2.1. By Engine Power 16.6.2.2. By Driveline Type 16.7. France Agricultural Tractors Market Analysis 16.7.1. Value Proportion Analysis by Market Taxonomy 16.7.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.7.2.1. By Engine Power 16.7.2.2. By Driveline Type 16.8. Italy Agricultural Tractors Market Analysis 16.8.1. Value Proportion Analysis by Market Taxonomy 16.8.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.8.2.1. By Engine Power 16.8.2.2. By Driveline Type 16.9. BENELUX Agricultural Tractors Market Analysis 16.9.1. Value Proportion Analysis by Market Taxonomy 16.9.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.9.2.1. By Engine Power 16.9.2.2. By Driveline Type 16.10. UK Agricultural Tractors Market Analysis 16.10.1. Value Proportion Analysis by Market Taxonomy 16.10.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.10.2.1. By Engine Power 16.10.2.2. By Driveline Type 16.11. Nordic Countries Agricultural Tractors Market Analysis 16.11.1. Value Proportion Analysis by Market Taxonomy 16.11.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.11.2.1. By Engine Power 16.11.2.2. By Driveline Type 16.12. China Agricultural Tractors Market Analysis 16.12.1. Value Proportion Analysis by Market Taxonomy 16.12.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.12.2.1. By Engine Power 16.12.2.2. By Driveline Type 16.13. Japan Agricultural Tractors Market Analysis 16.13.1. Value Proportion Analysis by Market Taxonomy 16.13.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.13.2.1. By Engine Power 16.13.2.2. By Driveline Type 16.14. South Korea Agricultural Tractors Market Analysis 16.14.1. Value Proportion Analysis by Market Taxonomy 16.14.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.14.2.1. By Engine Power 16.14.2.2. By Driveline Type 16.15. GCC Countries Agricultural Tractors Market Analysis 16.15.1. Value Proportion Analysis by Market Taxonomy 16.15.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.15.2.1. By Engine Power 16.15.2.2. By Driveline Type 16.16. South Africa Agricultural Tractors Market Analysis 16.16.1. Value Proportion Analysis by Market Taxonomy 16.16.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.16.2.1. By Engine Power 16.16.2.2. By Driveline Type 16.17. Turkey Agricultural Tractors Market Analysis 16.17.1. Value Proportion Analysis by Market Taxonomy 16.17.2. Value & Analysis and Forecast by Market Taxonomy, 2015-2032 16.17.2.1. By Engine Power 16.17.2.2. By Driveline Type 16.17.3. Competition Landscape and Player Concentration in the Country 17. Market Structure Analysis 17.1. Market Analysis by Tier of Companies 17.2. Market Concentration 17.3. Market Share Analysis of Top Players 17.4. Market Presence Analysis 17.4.1. By Regional footprint of Players 17.4.2. Product footprint by Players 18. Competition Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Competition Deep Dive 18.3.1. AGCO Corporation 18.3.1.1. Overview 18.3.1.2. Product Portfolio 18.3.1.3. Sales Footprint 18.3.1.4. Strategy Overview 18.3.2. CLAAS KGaAmbH 18.3.2.1. Overview 18.3.2.2. Product Portfolio 18.3.2.3. Sales Footprint 18.3.2.4. Strategy Overview 18.3.3. CNH Industrial N.V. 18.3.3.1. Overview 18.3.3.2. Product Portfolio 18.3.3.3. Sales Footprint 18.3.3.4. Strategy Overview 18.3.4. John Deere 18.3.4.1. Overview 18.3.4.2. Product Portfolio 18.3.4.3. Sales Footprint 18.3.4.4. Strategy Overview 18.3.5. Escorts Limited 18.3.5.1. Overview 18.3.5.2. Product Portfolio 18.3.5.3. Sales Footprint 18.3.5.4. Strategy Overview 18.3.6. International Tractors Limited 18.3.6.1. Overview 18.3.6.2. Product Portfolio 18.3.6.3. Sales Footprint 18.3.6.4. Strategy Overview 18.3.7. KUBOTA Corporation 18.3.7.1. Overview 18.3.7.2. Product Portfolio 18.3.7.3. Sales Footprint 18.3.7.4. Strategy Overview 18.3.8. Mahindra & Mahindra Ltd. 18.3.8.1. Overview 18.3.8.2. Product Portfolio 18.3.8.3. Sales Footprint 18.3.8.4. Strategy Overview 18.3.9. Tractors and Farm Equipment Limited 18.3.9.1. Overview 18.3.9.2. Product Portfolio 18.3.9.3. Sales Footprint 18.3.9.4. Strategy Overview 18.3.10. YANMAR Co, LTD. 18.3.10.1. Overview 18.3.10.2. Product Portfolio 18.3.10.3. Sales Footprint 18.3.10.4. Strategy Overview 19. Assumptions and Acronyms Used 20. Research Methodology
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List Of Table
Table 1: Global Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 2: Global Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 3: Global Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 4: Global Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 5: Global Agricultural Tractors Market, By Region, 2015 – 2021
Table 6: Global Agricultural Tractors Market, By Region, 2022 – 2032
Table 7: North America Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 8: North America Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 9: North America Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 10: North America Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 11: North America Agricultural Tractors Market, By Country, 2015 – 2021
Table 12: North America Agricultural Tractors Market, By Country, 2022 – 2032
Table 13: Latin America Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 14: Latin America Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 15: Latin America Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 16: Latin America Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 17: Latin America Agricultural Tractors Market, By Country, 2015 – 2021
Table 18: Latin America Agricultural Tractors Market, By Country, 2022 – 2032
Table 19: Europe Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 20: Europe Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 21: Europe Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 22: Europe Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 23: Europe Agricultural Tractors Market, By Country, 2015 – 2021
Table 24: Europe Agricultural Tractors Market, By Country, 2022 – 2032
Table 25: Asia Pacific Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 26: Asia Pacific Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 27: Asia Pacific Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 28: Asia Pacific Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 29: Asia Pacific Agricultural Tractors Market, By Country, 2015 – 2021
Table 30: Asia Pacific Agricultural Tractors Market, By Country, 2022 – 2032
Table 31: MEA Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2015 – 2021
Table 32: MEA Agricultural Tractors Market Value (US$ Mn), By Engine Power , 2022 – 2032
Table 33: MEA Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2015 – 2021
Table 34: MEA Agricultural Tractors Market Value (US$ Mn), By Driveline Type , 2022 – 2032
Table 35: MEA Agricultural Tractors Market, By Country, 2015 – 2021
Table 36: MEA Agricultural Tractors Market, By Country, 2022 – 2032
Table 37: Global Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 38: Global Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 39: Global Agricultural Tractors Market Incremental $ Opportunity, By Region, 2022 – 2032
Table 40: North America Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 41: North America Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 42: North America Agricultural Tractors Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 43: Latin America Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 44: Latin America Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 45: Latin America Agricultural Tractors Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 46: Europe Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 47: Europe Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 48: Europe Agricultural Tractors Market Incremental $ Opportunity, By Country, 2022 - 2032
Table 49: Asia Pacific Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 50: Asia Pacific Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 51: Asia Pacific Agricultural Tractors Market Incremental $ Opportunity, By Country, 2022 – 2032
Table 52: MEA Agricultural Tractors Market Incremental $ Opportunity, By Engine Power , 2015 - 2021
Table 53: MEA Agricultural Tractors Market Incremental $ Opportunity, By Driveline Type , 2022 – 2032
Table 54: MEA Agricultural Tractors Market Incremental $ Opportunity, By Country, 2022 - 2032
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List Of Figures
Figure 1: Global Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 2: Global Agricultural Tractors Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 3: Global Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 4: Global Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 5: Global Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 6: Global Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 7: Global Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 8: Global Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 9: Global Agricultural Tractors Market Share, By Region, 2022 & 2032
Figure 10: Global Agricultural Tractors Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 11: Global Agricultural Tractors Market Attractiveness Index, By Region – 2022-2032
Figure 12: North America Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 13: North America Agricultural Tractors Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 14: North America Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 15: North America Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 16: North America Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 17: North America Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 18: North America Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 19: North America Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 20: North America Agricultural Tractors Market Share, By Country, 2022 & 2032
Figure 21: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 22: North America Market Attractiveness Index, By Country – 2022-2032
Figure 23: Latin America Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 24: Latin America Agricultural Tractors Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 25: Latin America Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 26: Latin America Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 27: Latin America Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 28: Latin America Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 29: Latin America Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 30: Latin America Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 31: Latin America Agricultural Tractors Market Share, By Country, 2022 & 2032
Figure 32: Latin America Agricultural Tractors Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 33: Latin America Agricultural Tractors Market Attractiveness Index, By Country – 2022-2032
Figure 34: Europe Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 35: Europe Agricultural Tractors Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 36: Europe Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 37: Europe Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 38: Europe Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 39: Europe Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 40: Europe Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 41: Europe Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 42: Europe Agricultural Tractors Market Share, By Country, 2022 & 2032
Figure 43: Europe Agricultural Tractors Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 44: Europe Agricultural Tractors Market Attractiveness Index, By Country – 2022-2032
Figure 45: MEA Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 46: MEA Agricultural Tractors Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 47: MEA Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 48: MEA Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 49: MEA Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 50: MEA Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 51: MEA Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 52: MEA Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 53: MEA Agricultural Tractors Market Share, By Country, 2022 & 2032
Figure 54: MEA Agricultural Tractors Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 55: MEA Agricultural Tractors Market Attractiveness Index, By Country – 2022-2032
Figure 56: Asia Pacific Agricultural Tractors Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 57: Asia Pacific Agricultural Tractors Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period(2022 – 2032), US$ Mn
Figure 58: Asia Pacific Agricultural Tractors Market Share, By Engine Power , 2022 & 2032
Figure 59: Asia Pacific Agricultural Tractors Market Y-o-Y Growth Projections, By Engine Power – 2022-2032
Figure 60: Asia Pacific Agricultural Tractors Market Attractiveness Index, By Engine Power – 2022-2032
Figure 61: Asia Pacific Agricultural Tractors Market Share, By Driveline Type , 2022 & 2032
Figure 62: Asia Pacific Agricultural Tractors Market Y-o-Y Growth Projections, By Driveline Type – 2022-2032
Figure 63: Asia Pacific Agricultural Tractors Market Attractiveness Index, By Driveline Type – 2022-2032
Figure 64: Asia Pacific Agricultural Tractors Market Share, By Country, 2022 & 2032
Figure 65: Asia Pacific Agricultural Tractors Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 66: Asia Pacific Agricultural Tractors Market Attractiveness Index, By Country – 2022-2032
Figure 67: US Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 68: US Agricultural Tractors Market Share, By Engine Power , 2021
Figure 69: US Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 70: Canada Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 71: Canada Agricultural Tractors Market Share, By Engine Power , 2021
Figure 72: Canada Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 73: Brazil Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 74: Brazil Agricultural Tractors Market Share, By Engine Power , 2021
Figure 75: Brazil Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 76: Mexico Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 77: Mexico Agricultural Tractors Market Share, By Engine Power , 2021
Figure 78: Mexico Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 79: Germany Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 80: Germany Agricultural Tractors Market Share, By Engine Power , 2021
Figure 81: Germany Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 82: U.K. Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 83: U.K. Agricultural Tractors Market Share, By Engine Power , 2021
Figure 84: U.K. Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 85: France Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 86: France Agricultural Tractors Market Share, By Engine Power , 2021
Figure 87: France Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 88: Italy Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 89: Italy Agricultural Tractors Market Share, By Engine Power , 2021
Figure 90: Italy Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 91: BENELUX Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 92: BENELUX Agricultural Tractors Market Share, By Engine Power , 2021
Figure 93: BENELUX Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 94: Nordic Countries Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 95: Nordic Countries Agricultural Tractors Market Share, By Engine Power , 2021
Figure 96: Nordic Countries Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 97: China Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 98: China Agricultural Tractors Market Share, By Engine Power , 2021
Figure 99: China Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 100: Japan Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 101: Japan Agricultural Tractors Market Share, By Engine Power , 2021
Figure 102: Japan Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 103: South Korea Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 104: South Korea Agricultural Tractors Market Share, By Engine Power , 2021
Figure 105: South Korea Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 106: GCC Countries Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 107: GCC Countries Agricultural Tractors Market Share, By Engine Power , 2021
Figure 108: GCC Countries Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 109: South Africa Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 110: South Africa Agricultural Tractors Market Share, By Engine Power , 2021
Figure 111: South Africa Agricultural Tractors Market Share, By Driveline Type , 2021
Figure 112: Turkey Agricultural Tractors Market Value (US$ Mn) and Forecast, 2022 - 2032
Figure 113: Turkey Agricultural Tractors Market Share, By Engine Power , 2021
Figure 114: Turkey Agricultural Tractors Market Share, By Driveline Type , 2021
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- FAQs -
How much is the agricultural tractors industry worth?
As of 2021, the market for agricultural tractors reached nearly US$ 63 Mn
At what rate will the agricultural tractors industry grow from 2022-2032?
The agricultural tractors industry is expected to surpass a CAGR of 6% from 2022-2032.
How much is the agricultural tractors market like to be valued by 2032?
The agricultural tractors market is expected to reach nearly US$ 113 Mn by 2032
What are the key trends driving agricultural tractors sales?
Electrification of tractors along with efficient tractors for smaller farm lands are the key trends driving agricultural tractors sales.
Who are the prominent agricultural tractors market players?
CNH Industrial N.V., Deere & Company, KubotaCorp, International Tractors Ltd, CLAAS KGaAmbH, Escorts Ltd, Mahindra & Mahindra Ltd, AGCO Corp, YanmarCo., Ltd, Tractors and Farm Equipment Ltd are prominent agricultural tractors market players.
Which countries are driving demand for agricultural tractors?
China, India, Greece, Italy and Lithuania are the top five countries driving demand for agricultural tractors.
Which type of engine power is expected to hold the highest share for sales?
Less than 40 HP engine power is expected to hold more than 45% market share for agricultural tractors.
Which type of driveline is expected to hold the highest share for sales?
2 WD tractors are expected to hold more than 75% market share for agricultural tractors.
How much is the Europe agricultural tractors industry worth?
The agricultural tractors industry is expected to possess nearly 40% market share throughout North America.
How much is the Asia Pacific agricultural tractors industry worth?
The agricultural tractors industry is expected to possess nearly 70% market share throughout Asia Pacific.
Agricultural Tractors Market