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Global Tractor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2029
Synopsis
The global Tractor market size was valued at USD 46410 million in 2022 and is forecast to a readjusted size of USD 63510 million by 2029 with a CAGR of 4.6% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Tractor industry chain, the market status of Agriculture (Wheeled Tractor, Crawler Tractor), Non-agricultural (Wheeled Tractor, Crawler Tractor), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tractor.
Regionally, the report analyzes the Tractor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Tractor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Tractor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Tractor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Wheeled Tractor, Crawler Tractor).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Tractor market.
Regional Analysis: The report involves examining the Tractor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Tractor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Tractor:
Company Analysis: Report covers individual Tractor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Tractor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Agriculture, Non-agricultural).
Technology Analysis: Report covers specific technologies relevant to Tractor. It assesses the current state, advancements, and potential future developments in Tractor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Tractor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Tractor market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Wheeled Tractor
Crawler Tractor
Market segment by Application
Agriculture
Non-agricultural
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tractor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tractor, with price, sales, revenue and global market share of Tractor from 2018 to 2023.
Chapter 3, the Tractor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tractor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Tractor market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tractor.
Chapter 14 and 15, to describe Tractor sales channel, distributors, customers, research findings and conclusion.
The global Tractor market size was valued at USD 46410 million in 2022 and is forecast to a readjusted size of USD 63510 million by 2029 with a CAGR of 4.6% during review period.
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.
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.
The Global Info Research report includes an overview of the development of the Tractor industry chain, the market status of Agriculture (Wheeled Tractor, Crawler Tractor), Non-agricultural (Wheeled Tractor, Crawler Tractor), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Tractor.
Regionally, the report analyzes the Tractor markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Tractor market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Tractor market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Tractor industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Wheeled Tractor, Crawler Tractor).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Tractor market.
Regional Analysis: The report involves examining the Tractor market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Tractor market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Tractor:
Company Analysis: Report covers individual Tractor manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Tractor This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Agriculture, Non-agricultural).
Technology Analysis: Report covers specific technologies relevant to Tractor. It assesses the current state, advancements, and potential future developments in Tractor areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Tractor market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Tractor market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Wheeled Tractor
Crawler Tractor
Market segment by Application
Agriculture
Non-agricultural
Major players covered
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
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Tractor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Tractor, with price, sales, revenue and global market share of Tractor from 2018 to 2023.
Chapter 3, the Tractor competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Tractor breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Tractor market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Tractor.
Chapter 14 and 15, to describe Tractor sales channel, distributors, customers, research findings and conclusion.
Index1 Market Overview
1.1 Product Overview and Scope of Tractor
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
1.3.1 Overview: Global Tractor Consumption Value by Type: 2018 Versus 2022 Versus 2029
1.3.2 Wheeled Tractor
1.3.3 Crawler Tractor
1.4 Market Analysis by Application
1.4.1 Overview: Global Tractor Consumption Value by Application: 2018 Versus 2022 Versus 2029
1.4.2 Agriculture
1.4.3 Non-agricultural
1.5 Global Tractor Market Size & Forecast
1.5.1 Global Tractor Consumption Value (2018 & 2022 & 2029)
1.5.2 Global Tractor Sales Quantity (2018-2029)
1.5.3 Global Tractor Average Price (2018-2029)
2 Manufacturers Profiles
2.1 John Deere
2.1.1 John Deere Details
2.1.2 John Deere Major Business
2.1.3 John Deere Tractor Product and Services
2.1.4 John Deere Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.1.5 John Deere Recent Developments/Updates
2.2 AGCO
2.2.1 AGCO Details
2.2.2 AGCO Major Business
2.2.3 AGCO Tractor Product and Services
2.2.4 AGCO Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.2.5 AGCO Recent Developments/Updates
2.3 CNH Industrial
2.3.1 CNH Industrial Details
2.3.2 CNH Industrial Major Business
2.3.3 CNH Industrial Tractor Product and Services
2.3.4 CNH Industrial Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.3.5 CNH Industrial Recent Developments/Updates
2.4 Kubota
2.4.1 Kubota Details
2.4.2 Kubota Major Business
2.4.3 Kubota Tractor Product and Services
2.4.4 Kubota Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.4.5 Kubota Recent Developments/Updates
2.5 Claas Group
2.5.1 Claas Group Details
2.5.2 Claas Group Major Business
2.5.3 Claas Group Tractor Product and Services
2.5.4 Claas Group Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.5.5 Claas Group Recent Developments/Updates
2.6 Mahindra
2.6.1 Mahindra Details
2.6.2 Mahindra Major Business
2.6.3 Mahindra Tractor Product and Services
2.6.4 Mahindra Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.6.5 Mahindra Recent Developments/Updates
2.7 SDF Group
2.7.1 SDF Group Details
2.7.2 SDF Group Major Business
2.7.3 SDF Group Tractor Product and Services
2.7.4 SDF Group Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.7.5 SDF Group Recent Developments/Updates
2.8 YTO Group
2.8.1 YTO Group Details
2.8.2 YTO Group Major Business
2.8.3 YTO Group Tractor Product and Services
2.8.4 YTO Group Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.8.5 YTO Group Recent Developments/Updates
2.9 Lovol
2.9.1 Lovol Details
2.9.2 Lovol Major Business
2.9.3 Lovol Tractor Product and Services
2.9.4 Lovol Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.9.5 Lovol Recent Developments/Updates
2.10 Changzhou Dongfeng
2.10.1 Changzhou Dongfeng Details
2.10.2 Changzhou Dongfeng Major Business
2.10.3 Changzhou Dongfeng Tractor Product and Services
2.10.4 Changzhou Dongfeng Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.10.5 Changzhou Dongfeng Recent Developments/Updates
2.11 Minsk Tractor Works
2.11.1 Minsk Tractor Works Details
2.11.2 Minsk Tractor Works Major Business
2.11.3 Minsk Tractor Works Tractor Product and Services
2.11.4 Minsk Tractor Works Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.11.5 Minsk Tractor Works Recent Developments/Updates
2.12 Taishan Guotai
2.12.1 Taishan Guotai Details
2.12.2 Taishan Guotai Major Business
2.12.3 Taishan Guotai Tractor Product and Services
2.12.4 Taishan Guotai Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.12.5 Taishan Guotai Recent Developments/Updates
2.13 ITMCO
2.13.1 ITMCO Details
2.13.2 ITMCO Major Business
2.13.3 ITMCO Tractor Product and Services
2.13.4 ITMCO Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.13.5 ITMCO Recent Developments/Updates
2.14 World Group
2.14.1 World Group Details
2.14.2 World Group Major Business
2.14.3 World Group Tractor Product and Services
2.14.4 World Group Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.14.5 World Group Recent Developments/Updates
2.15 Weifang Huaxia
2.15.1 Weifang Huaxia Details
2.15.2 Weifang Huaxia Major Business
2.15.3 Weifang Huaxia Tractor Product and Services
2.15.4 Weifang Huaxia Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.15.5 Weifang Huaxia Recent Developments/Updates
2.16 Changzhou Changfa
2.16.1 Changzhou Changfa Details
2.16.2 Changzhou Changfa Major Business
2.16.3 Changzhou Changfa Tractor Product and Services
2.16.4 Changzhou Changfa Tractor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
2.16.5 Changzhou Changfa Recent Developments/Updates
3 Competitive Environment: Tractor by Manufacturer
3.1 Global Tractor Sales Quantity by Manufacturer (2018-2023)
3.2 Global Tractor Revenue by Manufacturer (2018-2023)
3.3 Global Tractor Average Price by Manufacturer (2018-2023)
3.4 Market Share Analysis (2022)
3.4.1 Producer Shipments of Tractor by Manufacturer Revenue ($MM) and Market Share (%): 2022
3.4.2 Top 3 Tractor Manufacturer Market Share in 2022
3.4.2 Top 6 Tractor Manufacturer Market Share in 2022
3.5 Tractor Market: Overall Company Footprint Analysis
3.5.1 Tractor Market: Region Footprint
3.5.2 Tractor Market: Company Product Type Footprint
3.5.3 Tractor Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
4.1 Global Tractor Market Size by Region
4.1.1 Global Tractor Sales Quantity by Region (2018-2029)
4.1.2 Global Tractor Consumption Value by Region (2018-2029)
4.1.3 Global Tractor Average Price by Region (2018-2029)
4.2 North America Tractor Consumption Value (2018-2029)
4.3 Europe Tractor Consumption Value (2018-2029)
4.4 Asia-Pacific Tractor Consumption Value (2018-2029)
4.5 South America Tractor Consumption Value (2018-2029)
4.6 Middle East and Africa Tractor Consumption Value (2018-2029)
5 Market Segment by Type
5.1 Global Tractor Sales Quantity by Type (2018-2029)
5.2 Global Tractor Consumption Value by Type (2018-2029)
5.3 Global Tractor Average Price by Type (2018-2029)
6 Market Segment by Application
6.1 Global Tractor Sales Quantity by Application (2018-2029)
6.2 Global Tractor Consumption Value by Application (2018-2029)
6.3 Global Tractor Average Price by Application (2018-2029)
7 North America
7.1 North America Tractor Sales Quantity by Type (2018-2029)
7.2 North America Tractor Sales Quantity by Application (2018-2029)
7.3 North America Tractor Market Size by Country
7.3.1 North America Tractor Sales Quantity by Country (2018-2029)
7.3.2 North America Tractor Consumption Value by Country (2018-2029)
7.3.3 United States Market Size and Forecast (2018-2029)
7.3.4 Canada Market Size and Forecast (2018-2029)
7.3.5 Mexico Market Size and Forecast (2018-2029)
8 Europe
8.1 Europe Tractor Sales Quantity by Type (2018-2029)
8.2 Europe Tractor Sales Quantity by Application (2018-2029)
8.3 Europe Tractor Market Size by Country
8.3.1 Europe Tractor Sales Quantity by Country (2018-2029)
8.3.2 Europe Tractor Consumption Value by Country (2018-2029)
8.3.3 Germany Market Size and Forecast (2018-2029)
8.3.4 France Market Size and Forecast (2018-2029)
8.3.5 United Kingdom Market Size and Forecast (2018-2029)
8.3.6 Russia Market Size and Forecast (2018-2029)
8.3.7 Italy Market Size and Forecast (2018-2029)
9 Asia-Pacific
9.1 Asia-Pacific Tractor Sales Quantity by Type (2018-2029)
9.2 Asia-Pacific Tractor Sales Quantity by Application (2018-2029)
9.3 Asia-Pacific Tractor Market Size by Region
9.3.1 Asia-Pacific Tractor Sales Quantity by Region (2018-2029)
9.3.2 Asia-Pacific Tractor Consumption Value by Region (2018-2029)
9.3.3 China Market Size and Forecast (2018-2029)
9.3.4 Japan Market Size and Forecast (2018-2029)
9.3.5 Korea Market Size and Forecast (2018-2029)
9.3.6 India Market Size and Forecast (2018-2029)
9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
9.3.8 Australia Market Size and Forecast (2018-2029)
10 South America
10.1 South America Tractor Sales Quantity by Type (2018-2029)
10.2 South America Tractor Sales Quantity by Application (2018-2029)
10.3 South America Tractor Market Size by Country
10.3.1 South America Tractor Sales Quantity by Country (2018-2029)
10.3.2 South America Tractor Consumption Value by Country (2018-2029)
10.3.3 Brazil Market Size and Forecast (2018-2029)
10.3.4 Argentina Market Size and Forecast (2018-2029)
11 Middle East & Africa
11.1 Middle East & Africa Tractor Sales Quantity by Type (2018-2029)
11.2 Middle East & Africa Tractor Sales Quantity by Application (2018-2029)
11.3 Middle East & Africa Tractor Market Size by Country
11.3.1 Middle East & Africa Tractor Sales Quantity by Country (2018-2029)
11.3.2 Middle East & Africa Tractor Consumption Value by Country (2018-2029)
11.3.3 Turkey Market Size and Forecast (2018-2029)
11.3.4 Egypt Market Size and Forecast (2018-2029)
11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
11.3.6 South Africa Market Size and Forecast (2018-2029)
12 Market Dynamics
12.1 Tractor Market Drivers
12.2 Tractor Market Restraints
12.3 Tractor Trends Analysis
12.4 Porters Five Forces Analysis
12.4.1 Threat of New Entrants
12.4.2 Bargaining Power of Suppliers
12.4.3 Bargaining Power of Buyers
12.4.4 Threat of Substitutes
12.4.5 Competitive Rivalry
12.5 Influence of COVID-19 and Russia-Ukraine War
12.5.1 Influence of COVID-19
12.5.2 Influence of Russia-Ukraine War
13 Raw Material and Industry Chain
13.1 Raw Material of Tractor and Key Manufacturers
13.2 Manufacturing Costs Percentage of Tractor
13.3 Tractor Production Process
13.4 Tractor Industrial Chain
14 Shipments by Distribution Channel
14.1 Sales Channel
14.1.1 Direct to End-User
14.1.2 Distributors
14.2 Tractor Typical Distributors
14.3 Tractor Typical Customers
15 Research Findings and Conclusion
16 Appendix
16.1 Methodology
16.2 Research Process and Data Source
16.3 Disclaimer
Published By : GlobalInfoResearch
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