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Farm Tractors-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Farm Tractors market size is expected to reach US$ 17070 million by 2029, growing at a CAGR of 6.9% from 2023 to 2029. The market is mainly driven by the significant applications of Farm Tractors in various end use industries. The expanding demands from the Harvesting, Haying, Planting and Fertilizing and Plowing and Cultivating, are propelling Farm Tractors market. Wheel Tractor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crawler Tractor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Farm Tractors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Farm Tractors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Farm Tractors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Farm Tractors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Farm Tractors covered in this report include CNH Industrial, Deere, AGCO Corporation, Same Deutz-Fahr, Claas, Kubota, Agri Argo, JCB and ITMCO, etc.
The global Farm Tractors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CNH Industrial
Deere
AGCO Corporation
Same Deutz-Fahr
Claas
Kubota
Agri Argo
JCB
ITMCO
MTZ (Minsk)
Mahindra
China YTO
Global Farm Tractors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Farm Tractors market, Segment by Type:
Wheel Tractor
Crawler Tractor
Global Farm Tractors market, by Application
Harvesting
Haying
Planting and Fertilizing
Plowing and Cultivating
Spraying
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Farm Tractors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Farm Tractors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global Farm Tractors market size is expected to reach US$ 17070 million by 2029, growing at a CAGR of 6.9% from 2023 to 2029. The market is mainly driven by the significant applications of Farm Tractors in various end use industries. The expanding demands from the Harvesting, Haying, Planting and Fertilizing and Plowing and Cultivating, are propelling Farm Tractors market. Wheel Tractor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Crawler Tractor segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Farm Tractors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Farm Tractors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Farm Tractors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Farm Tractors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Farm Tractors covered in this report include CNH Industrial, Deere, AGCO Corporation, Same Deutz-Fahr, Claas, Kubota, Agri Argo, JCB and ITMCO, etc.
The global Farm Tractors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
CNH Industrial
Deere
AGCO Corporation
Same Deutz-Fahr
Claas
Kubota
Agri Argo
JCB
ITMCO
MTZ (Minsk)
Mahindra
China YTO
Global Farm Tractors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Farm Tractors market, Segment by Type:
Wheel Tractor
Crawler Tractor
Global Farm Tractors market, by Application
Harvesting
Haying
Planting and Fertilizing
Plowing and Cultivating
Spraying
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Farm Tractors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Farm Tractors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Farm Tractors Market Overview
1.1 Farm Tractors Product Overview
1.2 Farm Tractors Market Segment by Type
1.2.1 Wheel Tractor
1.2.2 Crawler Tractor
1.3 Global Farm Tractors Market Size by Type
1.3.1 Global Farm Tractors Market Size Overview by Type (2018-2029)
1.3.2 Global Farm Tractors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Farm Tractors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Farm Tractors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Farm Tractors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Farm Tractors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Farm Tractors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Farm Tractors Sales Breakdown by Type (2018-2023)
2 Global Farm Tractors Market Competition by Company
2.1 Global Top Players by Farm Tractors Sales (2018-2023)
2.2 Global Top Players by Farm Tractors Revenue (2018-2023)
2.3 Global Top Players by Farm Tractors Price (2018-2023)
2.4 Global Top Manufacturers Farm Tractors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Farm Tractors Market Competitive Situation and Trends
2.5.1 Farm Tractors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Farm Tractors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Farm Tractors as of 2022)
2.7 Date of Key Manufacturers Enter into Farm Tractors Market
2.8 Key Manufacturers Farm Tractors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Farm Tractors Status and Outlook by Region
3.1 Global Farm Tractors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Farm Tractors Historic Market Size by Region
3.2.1 Global Farm Tractors Sales in Volume by Region (2018-2023)
3.2.2 Global Farm Tractors Sales in Value by Region (2018-2023)
3.2.3 Global Farm Tractors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Farm Tractors Forecasted Market Size by Region
3.3.1 Global Farm Tractors Sales in Volume by Region (2024-2029)
3.3.2 Global Farm Tractors Sales in Value by Region (2024-2029)
3.3.3 Global Farm Tractors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Farm Tractors by Application
4.1 Farm Tractors Market Segment by Application
4.1.1 Harvesting
4.1.2 Haying
4.1.3 Planting and Fertilizing
4.1.4 Plowing and Cultivating
4.1.5 Spraying
4.1.6 Others
4.2 Global Farm Tractors Market Size by Application
4.2.1 Global Farm Tractors Market Size Overview by Application (2018-2029)
4.2.2 Global Farm Tractors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Farm Tractors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Farm Tractors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Farm Tractors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Farm Tractors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Farm Tractors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Farm Tractors Sales Breakdown by Application (2018-2023)
5 North America Farm Tractors by Country
5.1 North America Farm Tractors Historic Market Size by Country
5.1.1 North America Farm Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Farm Tractors Sales in Volume by Country (2018-2023)
5.1.3 North America Farm Tractors Sales in Value by Country (2018-2023)
5.2 North America Farm Tractors Forecasted Market Size by Country
5.2.1 North America Farm Tractors Sales in Volume by Country (2024-2029)
5.2.2 North America Farm Tractors Sales in Value by Country (2024-2029)
6 Europe Farm Tractors by Country
6.1 Europe Farm Tractors Historic Market Size by Country
6.1.1 Europe Farm Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Farm Tractors Sales in Volume by Country (2018-2023)
6.1.3 Europe Farm Tractors Sales in Value by Country (2018-2023)
6.2 Europe Farm Tractors Forecasted Market Size by Country
6.2.1 Europe Farm Tractors Sales in Volume by Country (2024-2029)
6.2.2 Europe Farm Tractors Sales in Value by Country (2024-2029)
7 Asia-Pacific Farm Tractors by Region
7.1 Asia-Pacific Farm Tractors Historic Market Size by Region
7.1.1 Asia-Pacific Farm Tractors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Farm Tractors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Farm Tractors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Farm Tractors Forecasted Market Size by Region
7.2.1 Asia-Pacific Farm Tractors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Farm Tractors Sales in Value by Region (2024-2029)
8 Latin America Farm Tractors by Country
8.1 Latin America Farm Tractors Historic Market Size by Country
8.1.1 Latin America Farm Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Farm Tractors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Farm Tractors Sales in Value by Country (2018-2023)
8.2 Latin America Farm Tractors Forecasted Market Size by Country
8.2.1 Latin America Farm Tractors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Farm Tractors Sales in Value by Country (2024-2029)
9 Middle East and Africa Farm Tractors by Country
9.1 Middle East and Africa Farm Tractors Historic Market Size by Country
9.1.1 Middle East and Africa Farm Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Farm Tractors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Farm Tractors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Farm Tractors Forecasted Market Size by Country
9.2.1 Middle East and Africa Farm Tractors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Farm Tractors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 CNH Industrial
10.1.1 CNH Industrial Company Information
10.1.2 CNH Industrial Introduction and Business Overview
10.1.3 CNH Industrial Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 CNH Industrial Farm Tractors Products Offered
10.1.5 CNH Industrial Recent Development
10.2 Deere
10.2.1 Deere Company Information
10.2.2 Deere Introduction and Business Overview
10.2.3 Deere Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Deere Farm Tractors Products Offered
10.2.5 Deere Recent Development
10.3 AGCO Corporation
10.3.1 AGCO Corporation Company Information
10.3.2 AGCO Corporation Introduction and Business Overview
10.3.3 AGCO Corporation Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 AGCO Corporation Farm Tractors Products Offered
10.3.5 AGCO Corporation Recent Development
10.4 Same Deutz-Fahr
10.4.1 Same Deutz-Fahr Company Information
10.4.2 Same Deutz-Fahr Introduction and Business Overview
10.4.3 Same Deutz-Fahr Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Same Deutz-Fahr Farm Tractors Products Offered
10.4.5 Same Deutz-Fahr Recent Development
10.5 Claas
10.5.1 Claas Company Information
10.5.2 Claas Introduction and Business Overview
10.5.3 Claas Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Claas Farm Tractors Products Offered
10.5.5 Claas Recent Development
10.6 Kubota
10.6.1 Kubota Company Information
10.6.2 Kubota Introduction and Business Overview
10.6.3 Kubota Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kubota Farm Tractors Products Offered
10.6.5 Kubota Recent Development
10.7 Agri Argo
10.7.1 Agri Argo Company Information
10.7.2 Agri Argo Introduction and Business Overview
10.7.3 Agri Argo Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Agri Argo Farm Tractors Products Offered
10.7.5 Agri Argo Recent Development
10.8 JCB
10.8.1 JCB Company Information
10.8.2 JCB Introduction and Business Overview
10.8.3 JCB Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.8.4 JCB Farm Tractors Products Offered
10.8.5 JCB Recent Development
10.9 ITMCO
10.9.1 ITMCO Company Information
10.9.2 ITMCO Introduction and Business Overview
10.9.3 ITMCO Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ITMCO Farm Tractors Products Offered
10.9.5 ITMCO Recent Development
10.10 MTZ (Minsk)
10.10.1 MTZ (Minsk) Company Information
10.10.2 MTZ (Minsk) Introduction and Business Overview
10.10.3 MTZ (Minsk) Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.10.4 MTZ (Minsk) Farm Tractors Products Offered
10.10.5 MTZ (Minsk) Recent Development
10.11 Mahindra
10.11.1 Mahindra Company Information
10.11.2 Mahindra Introduction and Business Overview
10.11.3 Mahindra Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Mahindra Farm Tractors Products Offered
10.11.5 Mahindra Recent Development
10.12 China YTO
10.12.1 China YTO Company Information
10.12.2 China YTO Introduction and Business Overview
10.12.3 China YTO Farm Tractors Sales, Revenue and Gross Margin (2018-2023)
10.12.4 China YTO Farm Tractors Products Offered
10.12.5 China YTO Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Farm Tractors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Farm Tractors Industrial Chain Analysis
11.4 Farm Tractors Market Dynamics
11.4.1 Farm Tractors Industry Trends
11.4.2 Farm Tractors Market Drivers
11.4.3 Farm Tractors Market Challenges
11.4.4 Farm Tractors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Farm Tractors Distributors
12.3 Farm Tractors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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