The Global Agricultural Tractors Market size is expected to reach $81.4 billion by 2027, rising at a market growth of 4.2% CAGR during the forecast period.
Tractors are defined as vehicles that are developed to travel at low speeds while producing a large amount of torque. Tractors can haul big agricultural implements behind them due to their high torque. In addition, they are also recognized for delivering massive amounts of power, comparable to that of a semi-truck. Tractors are two-wheel drive in most cases. A traditional farm tractor is a straightforward open vehicle with two huge wheels on one axle. Moreover, the agricultural tractor is designed for a variety of agricultural works, including ploughing, tilling, panning, harrowing, planting, and insecticide spraying, as well as pulling or pushing agricultural machinery or trailers. A rise in the demand for productivity and an increase in the deployment of smart farming is driving the agricultural tractors industry.
Some of the major industry trends are the growing demand for compact tractors on small farms and technical developments like the integration of telematics with agricultural tractors. Moreover, the agricultural industry has been witnessing higher adoption of mechanization in the last couple of years. Additionally, the market is expected to rise as farm laborers are migrating to cities, resulting in a labor shortage in the rural areas.
Row crop tractors are the most popular type of agricultural tractor in the world. Several key market companies are investing much in R&D in order to generate cutting-edge technology and maintain a strong market position. Deere & Company introduced the 8 Family Tractor series in 2020, which includes 8R wheel tractors, 8RT two-track tractors, and the first fixed-frame four-track tractors in the industry. In addition, customers can choose the machine configuration, extras, and horsepower that best suit their operation with these new tractors, which come loaded with the latest precision agriculture technologies.
COVID-19 Impact Analysis
OEMs are presently facing a semiconductor shortage, as well as supply chain interruptions and market uncertainty, as a result of the consistently increasing COVID-19 cases, which may cause manufacturing delays. In addition, an increase in steel and aluminum costs is predicted to raise tractor prices, which is expected to slow market development in the coming quarters. The United States Department of Agricultural (USDA) introduced the Precision Agriculture Loan (PAL) Act on September 15, 2021, to allow farmers and ranchers to obtain loans to buy precision agriculture equipment. Tractor demand rebounded considerably in H1 2021, in major economies such as the United States, Canada, the United Kingdom, Germany, China, and India. In addition, in 2021, robust crop output in these areas, as well as the requirement to substitute aged equipment, fuelled the demand and sale of agriculture machines.
Market driving Factors:
Farm Mechanization in Emerging Economies
Because their engines have a size of less than 1,500 cc, these tractors take up less space and are more adaptable. Because of the ease of customization, manufacturers are more likely to experiment with novel components and technologies in this category before moving on to higher-powered ones. These tractors are small, with a PTO horsepower of less than 40 and a weight of less than 4,000 pounds. In addition, Schools, landscapers, parks, cemeteries, and hobby farmers all use this high-production, cost-effective, and user-friendly compact tractors. Low horsepower tractors are useful in soft soil conditions, such as river basins. Moreover, horticulture is the primary application for tractors with less than 40 horsepower.
Exponential growth in the global population and supportive governments’ policies
Tractor demand is increasing as the world's population grows. Some of the key trends of the market are rapid urbanization, limited labor accessibility, rising food consumption, and technological innovation. When simple demand-supply economics and the flow of labor from urban to rural areas are taken into account, the cost of farm labor has a direct link with the percentage of a country's entire population employed in agriculture. In addition, farmers are expected to boost their yields as the population and demand for food grow. Moreover, agricultural tractors play a vital role in raising agricultural output in India. In recent years, the rising preference for lower-power output tractors, as well as the greater penetration of self-driving tractors, has been witnessed.
Marketing Restraining Factor:
The highly thriving rental industry
Tractors and harvesters, for example, constitute a big investment in agricultural activities and are responsible for a significant portion of the global rental business. The cost of the machinery available to farmers reflects all of the procedures involved in designing, producing, and distributing the equipment. Farm equipment penetration in emerging countries is low due to small farmers' incapacity to invest a large sum of money. Farmers choose to hire farm machinery to boost output and turnaround time, which boosts the overall efficiency and profitability. When compared to purchasing agricultural equipment with a traditional loan from a financial institution, renting farm equipment is more cost-effective.
Driveline Type Outlook
Based on Driveline Type, the market is segmented into Two-wheel Drive, and Four-wheel Drive. In 2020, the 2WD segment procured the maximum revenue share of the Agricultural Tractors Market. This is because long-term considerations such as lower upfront costs and improved mobility are projected to promote demand in the 2WD segment, particularly in the Asia Pacific market. In India, 2WD tractors are the most popular among middle-income farmers. Hence, these factors are anticipated to drive the growth of this segment over the forecast years.
Engine Power Outlook
Based on Engine Power, the market is segmented into Less than 40 HP, 41 to 100 HP, and More than 100 HP. The 41 to 100 HP segment held a significant revenue share of the Agricultural Tractors Market in 2020. This is because of an increase in demand for these tractors in developed markets like the United States, Japan, and Germany. In addition, factors such as greater disposable income, tech-savvy farmers, and well-established after-sales services are expected to boost the growth of this segment. Moreover, long-term factors such as increased demand for high-power tractors for farms larger than 10 hectares are likely to drive the segment growth during the forecasting period.
Agricultural Tractors Market Report Coverage Report Attribute | Details |
Market size value in 2020 | USD 62 Billion |
Market size forecast in 2027 | USD 81.4 Billion |
Base Year | 2020 |
Historical Period | 2017 to 2019 |
Forecast Period | 2021 to 2027 |
Revenue Growth Rate | CAGR of 4.2% from 2021 to 2027 |
Number of Pages | 164 |
Number of Tables | 253 |
Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Companies Strategic Developments, Company Profiling |
Segments covered | Driveline Type, Engine Power, Region |
Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Australia, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
Growth Drivers | - Farm Mechanization in Emerging Economies
- Exponential growth in the global population and supportive governments’ policies
|
Restraints | - The highly thriving rental industry
|
Regional Outlook
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, the APAC emerged as the leading region in the overall Agricultural Tractors Market. This is because of the countries like India, where more than 70% population is still employed in agricultural and related activities. In addition, product sales in India are estimated to exceed 900,000 units. In 2022, the regional market is predicted to develop due to easy loan availability, a favorable Minimum Support Price (MSP), and a better monsoon.
Free Valuable Insights: Global Agricultural Tractors Market size to reach USD 81.4 Billion by 2027
KBV Cardinal Matrix - Agricultural Tractors Market Competition Analysis
The major strategies followed by the market participants are Product Launches. Based on the Analysis presented in the Cardinal matrix; Deere & Company is the forerunners in the Agricultural Tractors Market. Companies such as AGCO Corporation, CNH Industrial N.V., Kubota Corp. are some of the key innovators in the Market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AGCO Corporation, CNH Industrial N.V., Deere & Company, CLAAS KGaA mbH, Escorts Ltd., International Tractors Ltd., Yanmar Co., Ltd., Kubota Corp., Mahindra & Mahindra Ltd., and Tractors and Farm Equipment Ltd.
Recent Strategies Deployed in Agricultural Tractors Market
» Partnerships, Collaborations and Agreements:
- Feb-2022: CLAAS extended its partnership with Carraro Group, an international group, a leader in transmission systems for off-road vehicles and specialized tractors. Following this extended partnership, the two companies would focus on the development and production of special and compact tractors, and the supply of axles and gears for tractors.
- Nov-2021: CNH Industrial N.V. signed a multi-year licensing agreement for electrification technologies with Monarch Tractor, a US-based AgTech company specializing in completely electric autonomous tractors. Under this agreement, the two companies would introduce a scalable, modular electrification platform focusing on low horsepower tractors. Moreover, these would be designed across various product families in the forthcoming years, utilizing an agile process that constantly collects farmers’ input to ensure that the company develops best-in-class, innovative solutions aligned to customer requirements.
- Jul-2021: AGCO formed a partnership with DEUTZ, a German internal combustion engine manufacturer. The partnership would focus on supply security, predictability, and reliability for both companies and their customers. In addition, the partnership covers a supply agreement for updated 6.1 liters and 4.1-liter engines to be utilized in some Fendt tractors.
- Mar-2021: Mitsubishi Mahindra Agricultural Machinery Company, a Mahindra & Mahindra (M&M)'s Japanese subsidiary, teamed up with Kubota, a Japanese multinational corporation. Under this partnership, the two companies would pursue Japanese domestic operations. Moreover, the two entities would fulfill a wide range of customer requirements and add to the sustainable growth of Japanese agriculture by expanding mutual OEM supply and using products compatible with Kubota's IoT platform "KSAS", which is the basis of smart agriculture.
- Feb-2020: Mahindra & Mahindra joined hands with Mitsubishi, a Japanese multinational automobile manufacturer. Through this partnership, the two companies aimed to enhance their position in the domestic as well as overseas markets.
» Acquisitions and Mergers:
- Dec-2021: AGCO signed an agreement to acquire Appareo Systems, a leader in software engineering, hardware development, and electronic manufacturing. This acquisition aimed to expand the company's offerings and talent as it implements its vision to offer modern technology solutions to farmers globally.
- Nov-2021: CNH Industrial N.V. took over Raven Industries, a U.S.-based leader in precision agriculture technology. This acquisition would add strong innovation capabilities to expedite the company's precision and digital strategy.
- Aug-2021: John Deere completed the acquisition of Bear Flag Robotics, an agriculture technology startup based in Silicon Valley. Following the acquisition, the technology of Bear Flag would support Deere's own technology initiatives and objectives to assist farmers to get the optimum outcomes and solve emerging challenges with the help of modern technology, including autonomy.
» Product Launches and Product Expansions:
- Feb-2022: AGCO Corporation rolled out Massey Ferguson 6S Series tractor in North America. Moreover, the versatile Massey Ferguson 6S Series is developed to provide concentrated power with a straightforward, user-friendly operation for excellent performance in various applications.
- Feb-2022: International Tractors Limited expanded has expanded its footprint under the Solis Yanmar brand portfolio with the launch of the YM 342A and YM 348A, its new YM3 tractor series. Moreover, the new tractors are well-suited to provide higher productivity and unparalleled performance.
- Nov-2021: Escorts introduced India's first autonomous model electric tractor on its annual innovation site. Through this launch, the company made its entry into the autonomous farming solutions market.
- Oct-2021: Mahindra & Mahindra’s Farm Equipment Sector, part of the Mahindra Group and the world’s largest manufacturer of tractors by volume, rolled out Yuvo Tech+ 275 (27.6 kW-37 HP), Yuvo Tech+ 405 (29.1kW 39 HP) & Yuvo Tech+ 415 (31.33 kW-42 HP), a next-generation tractor range called the Yuvo Tech+. Featuring high precision control valves, and a superior lift capacity of up to 1700 kgs, these tractors can manage heavy implements with ease & precision.
- Feb-2021: Tractors and Farm Equipment Limited (TAFE) introduced its new Dynatrack Series – a series of advanced tractors for agriculture as well as haulage. Moreover, the new Dynatrack series is developed to offer higher productivity while ensuring good mileage, durability, and comfort.
- Dec-2020: AGCO Corporation rolled out all-new Challenger MT800 Series track tractors. The new tractors are based on proven innovations from AGCO’s 30 years of experience in track tractors, these machines feature new engine and transmission combinations, an improved track and chassis system, more hydraulic and hitch options, and a redesigned operator-friendly cab. Moreover, MT800 Series tractors are integrated with the AccuDrive powertrain and are the most powerful two-track tractors available with a step-less transmission.
- Oct-2020: CLAAS India, a 100 percent subsidiary of German agri-machinery conglomerate CLAAS KGaA, virtually introduced the new version of CROP TIGER TERRA TRAC combine harvester. The new product features high performance and durability and gained massive adoption in various overseas markets.
Scope of the Study
Market Segments Covered in the Report:
By Driveline Type
- Two-wheel Drive
- Four-wheel Drive
By Engine Power
- Less than 40 HP
- 41 to 100 HP
- More than 100 HP
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
- LAMEA
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- AGCO Corporation
- CNH Industrial N.V.
- Deere & Company
- CLAAS KGaA mbH
- Escorts Ltd.
- International Tractors Ltd.
- Yanmar Co., Ltd.
- Kubota Corp.
- Mahindra & Mahindra Ltd.
- Tractors and Farm Equipment Ltd.
TABLE 1 Global Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 2 Global Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Agricultural Tractors Market
TABLE 4 Product Launches And Product Expansions– Agricultural Tractors Market
TABLE 5 Acquisition and Mergers– Agricultural Tractors Market
TABLE 6 Global Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 7 Global Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 8 Global Two-wheel Drive Market by Region, 2017 - 2020, USD Million
TABLE 9 Global Two-wheel Drive Market by Region, 2021 - 2027, USD Million
TABLE 10 Global Four-wheel Drive Market by Region, 2017 - 2020, USD Million
TABLE 11 Global Four-wheel Drive Market by Region, 2021 - 2027, USD Million
TABLE 12 Global Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 13 Global Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 14 Global Less than 40 HP Market by Region, 2017 - 2020, USD Million
TABLE 15 Global Less than 40 HP Market by Region, 2021 - 2027, USD Million
TABLE 16 Global 41 to 100 HP Market by Region, 2017 - 2020, USD Million
TABLE 17 Global 41 to 100 HP Market by Region, 2021 - 2027, USD Million
TABLE 18 Global More than 100 HP Market by Region, 2017 - 2020, USD Million
TABLE 19 Global More than 100 HP Market by Region, 2021 - 2027, USD Million
TABLE 20 Global Agricultural Tractors Market by Region, 2017 - 2020, USD Million
TABLE 21 Global Agricultural Tractors Market by Region, 2021 - 2027, USD Million
TABLE 22 North America Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 23 North America Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 24 North America Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 25 North America Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 26 North America Two-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Two-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Four-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Four-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 31 North America Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 32 North America Less than 40 HP Market by Country, 2017 - 2020, USD Million
TABLE 33 North America Less than 40 HP Market by Country, 2021 - 2027, USD Million
TABLE 34 North America 41 to 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 35 North America 41 to 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 36 North America More than 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 37 North America More than 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Agricultural Tractors Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Agricultural Tractors Market by Country, 2021 - 2027, USD Million
TABLE 40 US Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 41 US Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 42 US Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 43 US Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 44 US Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 45 US Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 46 Canada Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 47 Canada Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 48 Canada Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 49 Canada Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 50 Canada Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 51 Canada Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 52 Mexico Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 53 Mexico Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 54 Mexico Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 55 Mexico Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 56 Mexico Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 57 Mexico Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 58 Rest of North America Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 59 Rest of North America Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 60 Rest of North America Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 61 Rest of North America Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 62 Rest of North America Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 63 Rest of North America Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 64 Europe Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 65 Europe Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 66 Europe Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 67 Europe Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 68 Europe Two-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 69 Europe Two-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 70 Europe Four-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 71 Europe Four-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 72 Europe Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 73 Europe Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 74 Europe Less than 40 HP Market by Country, 2017 - 2020, USD Million
TABLE 75 Europe Less than 40 HP Market by Country, 2021 - 2027, USD Million
TABLE 76 Europe 41 to 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 77 Europe 41 to 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 78 Europe More than 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 79 Europe More than 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 80 Europe Agricultural Tractors Market by Country, 2017 - 2020, USD Million
TABLE 81 Europe Agricultural Tractors Market by Country, 2021 - 2027, USD Million
TABLE 82 Germany Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 83 Germany Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 84 Germany Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 85 Germany Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 86 Germany Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 87 Germany Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 88 UK Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 89 UK Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 90 UK Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 91 UK Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 92 UK Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 93 UK Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 94 France Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 95 France Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 96 France Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 97 France Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 98 France Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 99 France Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 100 Russia Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 101 Russia Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 102 Russia Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 103 Russia Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 104 Russia Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 105 Russia Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 106 Spain Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 107 Spain Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 108 Spain Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 109 Spain Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 110 Spain Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 111 Spain Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 112 Italy Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 113 Italy Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 114 Italy Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 115 Italy Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 116 Italy Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 117 Italy Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 118 Rest of Europe Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 119 Rest of Europe Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 120 Rest of Europe Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 121 Rest of Europe Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 122 Rest of Europe Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 123 Rest of Europe Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 124 Asia Pacific Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 125 Asia Pacific Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 126 Asia Pacific Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 127 Asia Pacific Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 128 Asia Pacific Two-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 129 Asia Pacific Two-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 130 Asia Pacific Four-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 131 Asia Pacific Four-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 132 Asia Pacific Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 133 Asia Pacific Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 134 Asia Pacific Less than 40 HP Market by Country, 2017 - 2020, USD Million
TABLE 135 Asia Pacific Less than 40 HP Market by Country, 2021 - 2027, USD Million
TABLE 136 Asia Pacific 41 to 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 137 Asia Pacific 41 to 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 138 Asia Pacific More than 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 139 Asia Pacific More than 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 140 Asia Pacific Agricultural Tractors Market by Country, 2017 - 2020, USD Million
TABLE 141 Asia Pacific Agricultural Tractors Market by Country, 2021 - 2027, USD Million
TABLE 142 China Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 143 China Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 144 China Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 145 China Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 146 China Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 147 China Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 148 Japan Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 149 Japan Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 150 Japan Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 151 Japan Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 152 Japan Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 153 Japan Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 154 India Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 155 India Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 156 India Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 157 India Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 158 India Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 159 India Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 160 South Korea Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 161 South Korea Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 162 South Korea Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 163 South Korea Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 164 South Korea Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 165 South Korea Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 166 Australia Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 167 Australia Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 168 Australia Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 169 Australia Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 170 Australia Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 171 Australia Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 172 Malaysia Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 173 Malaysia Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 174 Malaysia Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 175 Malaysia Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 176 Malaysia Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 177 Malaysia Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 178 Rest of Asia Pacific Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 179 Rest of Asia Pacific Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 180 Rest of Asia Pacific Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 181 Rest of Asia Pacific Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 182 Rest of Asia Pacific Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 183 Rest of Asia Pacific Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 184 LAMEA Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 185 LAMEA Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 186 LAMEA Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 187 LAMEA Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 188 LAMEA Two-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 189 LAMEA Two-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 190 LAMEA Four-wheel Drive Market by Country, 2017 - 2020, USD Million
TABLE 191 LAMEA Four-wheel Drive Market by Country, 2021 - 2027, USD Million
TABLE 192 LAMEA Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 193 LAMEA Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 194 LAMEA Less than 40 HP Market by Country, 2017 - 2020, USD Million
TABLE 195 LAMEA Less than 40 HP Market by Country, 2021 - 2027, USD Million
TABLE 196 LAMEA 41 to 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 197 LAMEA 41 to 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 198 LAMEA More than 100 HP Market by Country, 2017 - 2020, USD Million
TABLE 199 LAMEA More than 100 HP Market by Country, 2021 - 2027, USD Million
TABLE 200 LAMEA Agricultural Tractors Market by Country, 2017 - 2020, USD Million
TABLE 201 LAMEA Agricultural Tractors Market by Country, 2021 - 2027, USD Million
TABLE 202 Brazil Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 203 Brazil Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 204 Brazil Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 205 Brazil Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 206 Brazil Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 207 Brazil Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 208 Argentina Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 209 Argentina Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 210 Argentina Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 211 Argentina Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 212 Argentina Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 213 Argentina Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 214 UAE Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 215 UAE Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 216 UAE Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 217 UAE Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 218 UAE Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 219 UAE Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 220 Saudi Arabia Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 221 Saudi Arabia Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 222 Saudi Arabia Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 223 Saudi Arabia Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 224 Saudi Arabia Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 225 Saudi Arabia Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 226 South Africa Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 227 South Africa Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 228 South Africa Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 229 South Africa Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 230 South Africa Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 231 South Africa Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 232 Nigeria Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 233 Nigeria Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 234 Nigeria Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 235 Nigeria Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 236 Nigeria Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 237 Nigeria Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 238 Rest of LAMEA Agricultural Tractors Market, 2017 - 2020, USD Million
TABLE 239 Rest of LAMEA Agricultural Tractors Market, 2021 - 2027, USD Million
TABLE 240 Rest of LAMEA Agricultural Tractors Market by Driveline Type, 2017 - 2020, USD Million
TABLE 241 Rest of LAMEA Agricultural Tractors Market by Driveline Type, 2021 - 2027, USD Million
TABLE 242 Rest of LAMEA Agricultural Tractors Market by Engine Power, 2017 - 2020, USD Million
TABLE 243 Rest of LAMEA Agricultural Tractors Market by Engine Power, 2021 - 2027, USD Million
TABLE 244 Key Information – AGCO Corporation
TABLE 245 key Information – Mahindra & Mahindra Limited
TABLE 246 Key Information – CNH Industrial N.V.
TABLE 247 Key Information – Deere & Company
TABLE 248 Key Information – Claas KGaA mbH
TABLE 249 Key Information – Escorts Limited
TABLE 250 Key Information – International tractors limited
TABLE 251 Key Information – Yanmar Holdings Co., Ltd.
TABLE 252 Key Information – KUBOTA Corporation
TABLE 253 Key Information – Tractors and Farm Equipment Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Sep – 2022, Feb) Leading Players
FIG 5 Global Agricultural Tractors Market Share by Driveline Type, 2020
FIG 6 Global Agricultural Tractors Market Share by Driveline Type, 2027
FIG 7 Global Agricultural Tractors Market by Driveline Type, 2017 - 2027, USD Million
FIG 8 Global Agricultural Tractors Market Share by Engine Power, 2020
FIG 9 Global Agricultural Tractors Market Share by Engine Power, 2027
FIG 10 Global Agricultural Tractors Market by Engine Power, 2017 - 2027, USD Million
FIG 11 Global Agricultural Tractors Market Share by Region, 2020
FIG 12 Global Agricultural Tractors Market Share by Region, 2027
FIG 13 Global Agricultural Tractors Market by Region, 2017 - 2027, USD Million
FIG 14 Recent strategies and developments: AGCO Corporation
FIG 15 Recent strategies and developments: Mahindra & Mahindra Limited
FIG 16 Recent strategies and developments: CNH Industrial N.V.
FIG 17 Recent strategies and developments: Deere & Company
FIG 18 Recent strategies and developments: Claas KGaA mbH
FIG 19 Recent strategies and developments: Escorts Ltd.
FIG 20 Recent strategies and developments: International Tractors Ltd.
FIG 21 Recent strategies and developments: Tractors and Farm Equipment Ltd.