Europe Agricultural Tractors Market Research Report Information by Category (Utility Tractors, Row Crop Tractors and Implement Carrier Tractors), by Type (Tracked Tractor and Wheeled Tractor), by Level of Autonomy (Manual, ADAS and Fully Autonomous), by E

By 2032, the European market for agricultural tractors with more than 99 horsepower is projected to have grown from USD 9,216.1 million in 2023 to USD 13,547.4 million at a compound annual growth rate (CAGR) of 3.9%.

Due to several causes, the market for agricultural tractors in Europe has expanded significantly in recent years. Farmers are now able to increase output and efficiency thanks to technological developments like automation and precision farming. The need for environmentally friendly tractors has also grown as sustainability and environmental issues have gained more attention. Furthermore, the need for bigger, more capable tractors to handle the increased workloads is growing as farms around Europe combine.

According to the European Agricultural Machinery Association (CEMA), France, Germany, Italy, and the United Kingdom are among of the EU's biggest tractor markets, accounting for over 60% of all agricultural tractor registrations in the region in 2023. Tractor registrations are a crucial measure of the domestic agricultural machinery sector in the United Kingdom. In terms of value, tractors and their accessories account for about half of farmers' expenses. With almost 23% of all agricultural tractors registered in the region in 2023, France has been in the forefront of agricultural mechanization like other European countries, underscoring its important position in the European market. The market in the area is being driven by factors including raising overall tractor productivity in farming, decreasing post-harvest loss, enhancing the quality of agricultural goods, and adding value to agricultural raw materials. The French government has developed initiatives to support and fund the acquisition of tractors and other agricultural gear and equipment. These elements support the expansion of agricultural mechanization and tractor adoption in the nation, especially when combined with government initiatives to encourage agricultural exports.

Segmentation of the Market
Engine power, body type, propulsion type, category, kind, level of autonomy, and country have all been used to categorize the European agriculture tractor market.

Utility Tractors, Row Crop Tractors, and Implement Carrier Tractors are the three categories into which the Europe Agriculture Tractor Market has been divided.

The market has been divided into two segments based on type: wheeled and tracked tractors.

The market has been divided into three segments based on the degree of autonomy: fully autonomous, ADAS, and manual.

The Europe Agriculture Tractor Market has been divided into five segments based on engine power: 100 HP to 180 HP, 181 HP to 250 HP, 251 HP to 400 HP, 401-600 HP, and 601 HP and Above.

The Europe Agriculture Tractor Market has been divided into two segments based on body type: Cabin Tractor and Without Cabin Tractor.

The Europe Agriculture Tractor Market has been divided into two segments based on the kind of propulsion: electric and internal combustion engine.

The market has been divided into the following countries: the UK, Germany, France, Italy, Spain, Switzerland, Netherlands, and the rest of Europe.

Key Players
Deere & Company, CNH Industrial N.V., Zetor Tractors A.S., Monarch Tractor, Antonio Carraro, Agromehanika D.D., VST Tractors, Mahindra & Mahindra Ltd., and ARGO Tractors S.P.A. are the major companies in the European agriculture tractor market.