Industry: Agriculture
Published Date: 2024-04-17
Pages: 169 Pages
Report ld: 2695891
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Farm Tractors Market Size(US$)

CAGR 2024-2030
6.9%
Market Size,2030
USD 17,070
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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 was US$ 10650 million in 2023 and is forecast to a readjusted size of US$ 17070 million by 2030 with a CAGR of 6.9% during the forecast period 2024-2030.
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.
In terms of production side, this report researches the Farm Tractors capacity, production, growth rate, market share by manufacturers, region level and country level, from 2019 to 2024, and forecast to 2030.
In terms of sales (consumption) side, this report focuses on the sales of Farm Tractors by region (Countries), company, type and application. from 2019 to 2024 and forecast to 2030.
The global Farm Tractors market is thoroughly, accurately, and comprehensively assessed in the report with a large focus on market dynamics, market competition, regional growth, segmental analysis, and key growth strategies. Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by type segment of the global Farm Tractors market. These figures have been provided in terms of both revenue and volume for the period 2019-2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc.), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Sales (consumption), revenue of Farm Tractors in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 3: Farm Tractors production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Detailed analysis of Farm Tractors manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 8: Europe by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 9: China by company, by type and by application, sales, and revenue for each segment.
Chapter 10: APAC (excluding China) by company, by type, by application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, and Latin America by company, by type, by application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Farm Tractors sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 14: 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 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Report Overview
1.1 Farm Tractors Definition
1.2 Market by Type
1.2.1 Global Farm Tractors Market Size Growth Rate by Type, 2019 VS 2023 VS 2030
1.2.2 Wheel Tractor
1.2.3 Crawler Tractor
1.3 Market by Application
1.3.1 Global Farm Tractors Market Size Growth Rate by Application, 2019 VS 2023 VS 2030
1.3.2 Harvesting
1.3.3 Haying
1.3.4 Planting and Fertilizing
1.3.5 Plowing and Cultivating
1.3.6 Spraying
1.3.7 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Farm Tractors Sales
2.1 Global Farm Tractors Revenue Estimates and Forecasts 2019-2030
2.2 Global Farm Tractors Revenue by Region: 2019 VS 2023 VS 2030
2.3 Global Farm Tractors Revenue by Region
2.3.1 Global Farm Tractors Revenue by Region (2019-2024)
2.3.2 Global Farm Tractors Revenue by Region (2025-2030)
2.4 Global Farm Tractors Sales Quantity Estimates and Forecasts 2019-2030
2.5 Global Farm Tractors Sales Quantity by Region: 2019 VS 2023 VS 2030
2.6 Global Farm Tractors Sales Quantity by Region
2.6.1 Global Farm Tractors Sales Quantity by Region (2019-2024)
2.6.2 Global Farm Tractors Sales Quantity by Region (2025-2030)
2.7 North America
2.8 Europe
2.9 China
2.10 APAC (excluding China)
2.11 Middle East, Africa and Latin America
3 Global Production (Based on Production Site)
3.1 Global Farm Tractors Production Value by Region: 2019 VS 2023 VS 2030
3.2 Global Farm Tractors Production Value by Region
3.2.1 Global Farm Tractors Historic Production Value by Region (2019-2024)
3.2.2 Global Farm Tractors Forecasted Production Value by Region (2025-2030)
3.3 Global Farm Tractors Production Capacity (2019-2030)
3.4 Global Farm Tractors Production by Region: 2019 VS 2023 VS 2030
3.5 Global Farm Tractors Production by Region
3.5.1 Global Farm Tractors Historic Production by Region (2019-2024)
3.5.2 Global Farm Tractors Forecasted Production by Region (2025-2030)
3.5.3 North America
3.5.4 Europe
3.5.5 Japan
3.5.6 China
3.5.7 South Korea
3.5.8 India
4 Competition by Manufacturers
4.1 Global Farm Tractors Sales Quantity by Manufacturers
4.1.1 Global Farm Tractors Sales Quantity by Manufacturers (2019-2024)
4.1.2 Global Farm Tractors Sales Quantity Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Companies by Farm Tractors Sales in 2023
4.2 Global Farm Tractors Revenue by Manufacturers
4.2.1 Global Farm Tractors Revenue by Manufacturers (2019-2024)
4.2.2 Global Farm Tractors Revenue Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Farm Tractors Revenue in 2023
4.3 Global Farm Tractors Sales Price by Manufacturers
4.4 Global Key Players of Farm Tractors, Industry Ranking, 2022 VS 2023
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Farm Tractors Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Farm Tractors, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Farm Tractors, Product Offered and Application
4.8 Global Key Manufacturers of Farm Tractors, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Estimates and Forecasts by Type
5.1 Global Farm Tractors Sales Quantity by Type
5.1.1 Global Farm Tractors Historical Sales Quantity by Type (2019-2024)
5.1.2 Global Farm Tractors Forecasted Sales Quantity by Type (2025-2030)
5.1.3 Global Farm Tractors Sales Quantity Market Share by Type (2019-2030)
5.2 Global Farm Tractors Revenue by Type
5.2.1 Global Farm Tractors Historical Revenue by Type (2019-2024)
5.2.2 Global Farm Tractors Forecasted Revenue by Type (2025-2030)
5.2.3 Global Farm Tractors Revenue Market Share by Type (2019-2030)
5.3 Global Farm Tractors Price by Type
5.3.1 Global Farm Tractors Price by Type (2019-2024)
5.3.2 Global Farm Tractors Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Farm Tractors Sales Quantity by Application
6.1.1 Global Farm Tractors Historical Sales Quantity by Application (2019-2024)
6.1.2 Global Farm Tractors Forecasted Sales Quantity by Application (2025-2030)
6.1.3 Global Farm Tractors Sales Quantity Market Share by Application (2019-2030)
6.2 Global Farm Tractors Revenue by Application
6.2.1 Global Farm Tractors Historical Revenue by Application (2019-2024)
6.2.2 Global Farm Tractors Forecasted Revenue by Application (2025-2030)
6.2.3 Global Farm Tractors Revenue Market Share by Application (2019-2030)
6.3 Global Farm Tractors Price by Application
6.3.1 Global Farm Tractors Price by Application (2019-2024)
6.3.2 Global Farm Tractors Price Forecast by Application (2025-2030)
7 North America
7.1 North America Farm Tractors Sales by Company
7.1.1 North America Farm Tractors Revenue by Company (2019-2024)
7.1.2 North America Farm Tractors Sales Quantity by Company (2019-2024)
7.2 North America Farm Tractors Market Size by Type
7.2.1 North America Farm Tractors Sales Quantity by Type (2019-2030)
7.2.2 North America Farm Tractors Revenue by Type (2019-2030)
7.3 North America Farm Tractors Market Size by Application
7.3.1 North America Farm Tractors Sales Quantity by Application (2019-2030)
7.3.2 North America Farm Tractors Revenue by Application (2019-2030)
7.4 North America Farm Tractors Market Size by Country
7.4.1 North America Farm Tractors Revenue by Country: 2019 VS 2023 VS 2030
7.4.2 North America Farm Tractors Revenue by Country (2019-2030)
7.4.3 North America Farm Tractors Sales Quantity by Country (2019-2030)
7.4.4 U.S.
7.4.5 Canada
8 Europe
8.1 Europe Farm Tractors Sales by Company
8.1.1 Europe Farm Tractors Sales Quantity by Company (2019-2024)
8.1.2 Europe Farm Tractors Revenue by Company (2019-2024)
8.2 Europe Farm Tractors Market Size by Type
8.2.1 Europe Farm Tractors Sales Quantity by Type (2019-2030)
8.2.2 Europe Farm Tractors Revenue by Type (2019-2030)
8.3 Europe Farm Tractors Market Size by Application
8.3.1 Europe Farm Tractors Sales Quantity by Application (2019-2030)
8.3.2 Europe Farm Tractors Revenue by Application (2019-2030)
8.4 Europe Farm Tractors Market Size by Country
8.4.1 Europe Farm Tractors Revenue by Country: 2019 VS 2023 VS 2030
8.4.2 Europe Farm Tractors Revenue by Country (2019-2030)
8.4.3 Europe Farm Tractors Sales Quantity by Country (2019-2030)
8.4.4 Germany
8.4.5 France
8.4.6 U.K.
8.4.7 Italy
8.4.8 Russia
9 China
9.1 China Farm Tractors Sales by Company
9.1.1 China Farm Tractors Sales Quantity by Company (2019-2024)
9.1.2 China Farm Tractors Revenue by Company (2019-2024)
9.2 China Farm Tractors Market Size by Type
9.2.1 China Farm Tractors Sales Quantity by Type (2019-2030)
9.2.2 China Farm Tractors Revenue by Type (2019-2030)
9.3 China Farm Tractors Market Size by Application
9.3.1 China Farm Tractors Sales Quantity by Application (2019-2030)
9.3.2 China Farm Tractors Revenue by Application (2019-2030)
10 APAC (excluding China)
10.1 APAC Farm Tractors Sales by Company
10.1.1 APAC Farm Tractors Sales Quantity by Company (2019-2024)
10.1.2 APAC Farm Tractors Revenue by Company (2019-2024)
10.2 APAC Farm Tractors Market Size by Type
10.2.1 APAC Farm Tractors Sales Quantity by Type (2019-2030)
10.2.2 APAC Farm Tractors Revenue by Type (2019-2030)
10.3 APAC Farm Tractors Market Size by Application
10.3.1 APAC Farm Tractors Sales Quantity by Application (2019-2030)
10.3.2 APAC Farm Tractors Revenue by Application (2019-2030)
10.4 APAC Farm Tractors Market Size by Region
10.4.1 APAC Farm Tractors Revenue by Region: 2019 VS 2023 VS 2030
10.4.2 APAC Farm Tractors Revenue by Region (2019-2030)
10.4.3 APAC Farm Tractors Sales Quantity by Region (2019-2030)
10.4.4 Japan
10.4.5 South Korea
10.4.6 China Taiwan
10.4.7 Southeast Asia
10.4.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Farm Tractors Sales by Company
11.1.1 Middle East, Africa and Latin America Farm Tractors Sales Quantity by Company (2019-2024)
11.1.2 Middle East, Africa and Latin America Farm Tractors Revenue by Company (2019-2024)
11.2 Middle East, Africa and Latin America Farm Tractors Market Size by Type
11.2.1 Middle East, Africa and Latin America Farm Tractors Sales Quantity by Type (2019-2030)
11.2.2 Middle East, Africa and Latin America Farm Tractors Revenue by Type (2019-2030)
11.3 Middle East, Africa and Latin America Farm Tractors Market Size by Application
11.3.1 Middle East, Africa and Latin America Farm Tractors Sales Quantity by Application (2019-2030)
11.3.2 Middle East, Africa and Latin America Farm Tractors Revenue by Application (2019-2030)
11.4 Middle East, Africa and Latin America Farm Tractors Market Size by Country
11.4.1 Middle East, Africa and Latin America Farm Tractors Revenue by Country: 2019 VS 2023 VS 2030
11.4.2 Middle East, Africa and Latin America Farm Tractors Revenue by Country (2019-2030)
11.4.3 Middle East, Africa and Latin America Farm Tractors Sales Quantity by Country (2019-2030)
11.4.4 Brazil
11.4.5 Mexico
11.4.6 Turkey
11.4.7 Israel
11.4.8 GCC Countries
12 Company Profiles
12.1 CNH Industrial
12.1.1 CNH Industrial Company Information
12.1.2 CNH Industrial Overview
12.1.3 CNH Industrial Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.1.4 CNH Industrial Farm Tractors Products and Services
12.1.5 CNH Industrial Farm Tractors SWOT Analysis
12.1.6 CNH Industrial Recent Developments
12.2 Deere
12.2.1 Deere Company Information
12.2.2 Deere Overview
12.2.3 Deere Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.2.4 Deere Farm Tractors Products and Services
12.2.5 Deere Farm Tractors SWOT Analysis
12.2.6 Deere Recent Developments
12.3 AGCO Corporation
12.3.1 AGCO Corporation Company Information
12.3.2 AGCO Corporation Overview
12.3.3 AGCO Corporation Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.3.4 AGCO Corporation Farm Tractors Products and Services
12.3.5 AGCO Corporation Farm Tractors SWOT Analysis
12.3.6 AGCO Corporation Recent Developments
12.4 Same Deutz-Fahr
12.4.1 Same Deutz-Fahr Company Information
12.4.2 Same Deutz-Fahr Overview
12.4.3 Same Deutz-Fahr Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.4.4 Same Deutz-Fahr Farm Tractors Products and Services
12.4.5 Same Deutz-Fahr Farm Tractors SWOT Analysis
12.4.6 Same Deutz-Fahr Recent Developments
12.5 Claas
12.5.1 Claas Company Information
12.5.2 Claas Overview
12.5.3 Claas Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.5.4 Claas Farm Tractors Products and Services
12.5.5 Claas Farm Tractors SWOT Analysis
12.5.6 Claas Recent Developments
12.6 Kubota
12.6.1 Kubota Company Information
12.6.2 Kubota Overview
12.6.3 Kubota Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.6.4 Kubota Farm Tractors Products and Services
12.6.5 Kubota Farm Tractors SWOT Analysis
12.6.6 Kubota Recent Developments
12.7 Agri Argo
12.7.1 Agri Argo Company Information
12.7.2 Agri Argo Overview
12.7.3 Agri Argo Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.7.4 Agri Argo Farm Tractors Products and Services
12.7.5 Agri Argo Farm Tractors SWOT Analysis
12.7.6 Agri Argo Recent Developments
12.8 JCB
12.8.1 JCB Company Information
12.8.2 JCB Overview
12.8.3 JCB Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.8.4 JCB Farm Tractors Products and Services
12.8.5 JCB Farm Tractors SWOT Analysis
12.8.6 JCB Recent Developments
12.9 ITMCO
12.9.1 ITMCO Company Information
12.9.2 ITMCO Overview
12.9.3 ITMCO Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.9.4 ITMCO Farm Tractors Products and Services
12.9.5 ITMCO Farm Tractors SWOT Analysis
12.9.6 ITMCO Recent Developments
12.10 MTZ (Minsk)
12.10.1 MTZ (Minsk) Company Information
12.10.2 MTZ (Minsk) Overview
12.10.3 MTZ (Minsk) Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.10.4 MTZ (Minsk) Farm Tractors Products and Services
12.10.5 MTZ (Minsk) Farm Tractors SWOT Analysis
12.10.6 MTZ (Minsk) Recent Developments
12.11 Mahindra
12.11.1 Mahindra Company Information
12.11.2 Mahindra Overview
12.11.3 Mahindra Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.11.4 Mahindra Farm Tractors Products and Services
12.11.5 Mahindra Recent Developments
12.12 China YTO
12.12.1 China YTO Company Information
12.12.2 China YTO Overview
12.12.3 China YTO Farm Tractors Sales Quantity, Revenue, Price and Gross Margin (2019-2024)
12.12.4 China YTO Farm Tractors Products and Services
12.12.5 China YTO Recent Developments
13 Value Chain and Sales Channels Analysis
13.1 Farm Tractors Value Chain Analysis
13.2 Farm Tractors Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Farm Tractors Production Mode & Process
13.4 Farm Tractors Sales and Marketing
13.4.1 Farm Tractors Sales Channels
13.4.2 Farm Tractors Distributors
13.5 Farm Tractors Customers
14 Market Dynamics
14.1 Farm Tractors Industry Trends
14.2 Farm Tractors Market Drivers
14.3 Farm Tractors Market Challenges
14.4 Farm Tractors Market Restraints
15 Key Findings
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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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.
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The global Farm Tractors market is projected to grow from US$ 12160 million in 2024 to US$ 19250 million by 2031, at a CAGR of 6.9% (2025-2031), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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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.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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