The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Tractor-Global Market Insights and Sales Trends 2025
Synopsis
A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery such as that used in agriculture, mining 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, and now many more. 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 mechanised.
The global Tractor market size is expected to reach US$ 62430 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Tractor in various end use industries. The expanding demands from the Agriculture and Non-agricultural, are propelling Tractor market. Wheeled 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.
Global 5 largest manufacturers of Tractor are John Deere, AGCO, CNH Industrial, Kubota and Claas Group, which make up over 60%. Among them, John Deere is the leader with about 18% market share.
Asia Pacific is the largest market, with a share about 45%, followed by North America and Europe, with the share about 32% and 16%. In terms of product type, Wheeled Tractor occupies the largest share of the total market, about 85%. And in terms of application, the largest application is Agriculture, followed by Non-agricultural.
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 Tractor, 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 Tractor 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 Tractor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tractor 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 Tractor covered in this report include John Deere, AGCO, CNH Industrial, Kubota, Claas Group, Mahindra, SDF Group, YTO Group and Lovol, etc.
The global Tractor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
John Deere
AGCO
CNH Industrial
Kubota
Claas Group
Mahindra
SDF Group
YTO Group
Lovol
Changzhou Dongfeng
Minsk Tractor Works
Taishan Guotai
ITMCO
World Group
Weifang Huaxia
Changzhou Changfa
Global Tractor 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 Tractor market, Segment by Type:
Wheeled Tractor
Crawler Tractor
Global Tractor market, by Application
Agriculture
Non-agricultural
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 Tractor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tractor 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.
A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery such as that used in agriculture, mining 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, and now many more. 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 mechanised.
The global Tractor market size is expected to reach US$ 62430 million by 2029, growing at a CAGR of 4.8% from 2023 to 2029. The market is mainly driven by the significant applications of Tractor in various end use industries. The expanding demands from the Agriculture and Non-agricultural, are propelling Tractor market. Wheeled 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.
Global 5 largest manufacturers of Tractor are John Deere, AGCO, CNH Industrial, Kubota and Claas Group, which make up over 60%. Among them, John Deere is the leader with about 18% market share.
Asia Pacific is the largest market, with a share about 45%, followed by North America and Europe, with the share about 32% and 16%. In terms of product type, Wheeled Tractor occupies the largest share of the total market, about 85%. And in terms of application, the largest application is Agriculture, followed by Non-agricultural.
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 Tractor, 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 Tractor 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 Tractor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tractor 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 Tractor covered in this report include John Deere, AGCO, CNH Industrial, Kubota, Claas Group, Mahindra, SDF Group, YTO Group and Lovol, etc.
The global Tractor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
John Deere
AGCO
CNH Industrial
Kubota
Claas Group
Mahindra
SDF Group
YTO Group
Lovol
Changzhou Dongfeng
Minsk Tractor Works
Taishan Guotai
ITMCO
World Group
Weifang Huaxia
Changzhou Changfa
Global Tractor 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 Tractor market, Segment by Type:
Wheeled Tractor
Crawler Tractor
Global Tractor market, by Application
Agriculture
Non-agricultural
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 Tractor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tractor 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 Tractor Market Overview
1.1 Tractor Product Overview
1.2 Tractor Market Segment by Type
1.2.1 Wheeled Tractor
1.2.2 Crawler Tractor
1.3 Global Tractor Market Size by Type
1.3.1 Global Tractor Market Size Overview by Type (2018-2029)
1.3.2 Global Tractor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tractor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tractor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tractor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tractor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tractor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tractor Sales Breakdown by Type (2018-2023)
2 Global Tractor Market Competition by Company
2.1 Global Top Players by Tractor Sales (2018-2023)
2.2 Global Top Players by Tractor Revenue (2018-2023)
2.3 Global Top Players by Tractor Price (2018-2023)
2.4 Global Top Manufacturers Tractor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tractor Market Competitive Situation and Trends
2.5.1 Tractor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tractor 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 Tractor as of 2022)
2.7 Date of Key Manufacturers Enter into Tractor Market
2.8 Key Manufacturers Tractor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tractor Status and Outlook by Region
3.1 Global Tractor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tractor Historic Market Size by Region
3.2.1 Global Tractor Sales in Volume by Region (2018-2023)
3.2.2 Global Tractor Sales in Value by Region (2018-2023)
3.2.3 Global Tractor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tractor Forecasted Market Size by Region
3.3.1 Global Tractor Sales in Volume by Region (2024-2029)
3.3.2 Global Tractor Sales in Value by Region (2024-2029)
3.3.3 Global Tractor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tractor by Application
4.1 Tractor Market Segment by Application
4.1.1 Agriculture
4.1.2 Non-agricultural
4.2 Global Tractor Market Size by Application
4.2.1 Global Tractor Market Size Overview by Application (2018-2029)
4.2.2 Global Tractor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tractor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tractor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tractor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tractor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tractor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tractor Sales Breakdown by Application (2018-2023)
5 North America Tractor by Country
5.1 North America Tractor Historic Market Size by Country
5.1.1 North America Tractor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tractor Sales in Volume by Country (2018-2023)
5.1.3 North America Tractor Sales in Value by Country (2018-2023)
5.2 North America Tractor Forecasted Market Size by Country
5.2.1 North America Tractor Sales in Volume by Country (2024-2029)
5.2.2 North America Tractor Sales in Value by Country (2024-2029)
6 Europe Tractor by Country
6.1 Europe Tractor Historic Market Size by Country
6.1.1 Europe Tractor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tractor Sales in Volume by Country (2018-2023)
6.1.3 Europe Tractor Sales in Value by Country (2018-2023)
6.2 Europe Tractor Forecasted Market Size by Country
6.2.1 Europe Tractor Sales in Volume by Country (2024-2029)
6.2.2 Europe Tractor Sales in Value by Country (2024-2029)
7 Asia-Pacific Tractor by Region
7.1 Asia-Pacific Tractor Historic Market Size by Region
7.1.1 Asia-Pacific Tractor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tractor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tractor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tractor Forecasted Market Size by Region
7.2.1 Asia-Pacific Tractor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tractor Sales in Value by Region (2024-2029)
8 Latin America Tractor by Country
8.1 Latin America Tractor Historic Market Size by Country
8.1.1 Latin America Tractor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tractor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tractor Sales in Value by Country (2018-2023)
8.2 Latin America Tractor Forecasted Market Size by Country
8.2.1 Latin America Tractor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tractor Sales in Value by Country (2024-2029)
9 Middle East and Africa Tractor by Country
9.1 Middle East and Africa Tractor Historic Market Size by Country
9.1.1 Middle East and Africa Tractor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tractor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tractor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tractor Forecasted Market Size by Country
9.2.1 Middle East and Africa Tractor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tractor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 John Deere
10.1.1 John Deere Company Information
10.1.2 John Deere Introduction and Business Overview
10.1.3 John Deere Tractor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 John Deere Tractor Products Offered
10.1.5 John Deere Recent Development
10.2 AGCO
10.2.1 AGCO Company Information
10.2.2 AGCO Introduction and Business Overview
10.2.3 AGCO Tractor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 AGCO Tractor Products Offered
10.2.5 AGCO Recent Development
10.3 CNH Industrial
10.3.1 CNH Industrial Company Information
10.3.2 CNH Industrial Introduction and Business Overview
10.3.3 CNH Industrial Tractor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 CNH Industrial Tractor Products Offered
10.3.5 CNH Industrial Recent Development
10.4 Kubota
10.4.1 Kubota Company Information
10.4.2 Kubota Introduction and Business Overview
10.4.3 Kubota Tractor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kubota Tractor Products Offered
10.4.5 Kubota Recent Development
10.5 Claas Group
10.5.1 Claas Group Company Information
10.5.2 Claas Group Introduction and Business Overview
10.5.3 Claas Group Tractor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Claas Group Tractor Products Offered
10.5.5 Claas Group Recent Development
10.6 Mahindra
10.6.1 Mahindra Company Information
10.6.2 Mahindra Introduction and Business Overview
10.6.3 Mahindra Tractor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mahindra Tractor Products Offered
10.6.5 Mahindra Recent Development
10.7 SDF Group
10.7.1 SDF Group Company Information
10.7.2 SDF Group Introduction and Business Overview
10.7.3 SDF Group Tractor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 SDF Group Tractor Products Offered
10.7.5 SDF Group Recent Development
10.8 YTO Group
10.8.1 YTO Group Company Information
10.8.2 YTO Group Introduction and Business Overview
10.8.3 YTO Group Tractor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 YTO Group Tractor Products Offered
10.8.5 YTO Group Recent Development
10.9 Lovol
10.9.1 Lovol Company Information
10.9.2 Lovol Introduction and Business Overview
10.9.3 Lovol Tractor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Lovol Tractor Products Offered
10.9.5 Lovol Recent Development
10.10 Changzhou Dongfeng
10.10.1 Changzhou Dongfeng Company Information
10.10.2 Changzhou Dongfeng Introduction and Business Overview
10.10.3 Changzhou Dongfeng Tractor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Changzhou Dongfeng Tractor Products Offered
10.10.5 Changzhou Dongfeng Recent Development
10.11 Minsk Tractor Works
10.11.1 Minsk Tractor Works Company Information
10.11.2 Minsk Tractor Works Introduction and Business Overview
10.11.3 Minsk Tractor Works Tractor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Minsk Tractor Works Tractor Products Offered
10.11.5 Minsk Tractor Works Recent Development
10.12 Taishan Guotai
10.12.1 Taishan Guotai Company Information
10.12.2 Taishan Guotai Introduction and Business Overview
10.12.3 Taishan Guotai Tractor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Taishan Guotai Tractor Products Offered
10.12.5 Taishan Guotai Recent Development
10.13 ITMCO
10.13.1 ITMCO Company Information
10.13.2 ITMCO Introduction and Business Overview
10.13.3 ITMCO Tractor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ITMCO Tractor Products Offered
10.13.5 ITMCO Recent Development
10.14 World Group
10.14.1 World Group Company Information
10.14.2 World Group Introduction and Business Overview
10.14.3 World Group Tractor Sales, Revenue and Gross Margin (2018-2023)
10.14.4 World Group Tractor Products Offered
10.14.5 World Group Recent Development
10.15 Weifang Huaxia
10.15.1 Weifang Huaxia Company Information
10.15.2 Weifang Huaxia Introduction and Business Overview
10.15.3 Weifang Huaxia Tractor Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Weifang Huaxia Tractor Products Offered
10.15.5 Weifang Huaxia Recent Development
10.16 Changzhou Changfa
10.16.1 Changzhou Changfa Company Information
10.16.2 Changzhou Changfa Introduction and Business Overview
10.16.3 Changzhou Changfa Tractor Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Changzhou Changfa Tractor Products Offered
10.16.5 Changzhou Changfa Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tractor 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 Tractor Industrial Chain Analysis
11.4 Tractor Market Dynamics
11.4.1 Tractor Industry Trends
11.4.2 Tractor Market Drivers
11.4.3 Tractor Market Challenges
11.4.4 Tractor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tractor Distributors
12.3 Tractor 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
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
