Agriculture Tractor Market Size, Share, By Tractor Type, Engine Power, Driveline, Propulsion, Application, and Region - Trends, Analysis, and Forecast till 2035

Agriculture Tractor Market Size, Share, By Tractor Type, Engine Power, Driveline, Propulsion, Application, and Region - Trends, Analysis, and Forecast till 2035


Agriculture Tractor Market size was valued at USD 7.9 Billion in 2025 and is expected to reach USD 13.5 Billion by 2035 growing at a CAGR of 6.8%.

The report "Agriculture Tractor Market, By Function (Haying, Spraying, Harvesting, Planting & Fertilizing, Plowing & Cultivating, and Others (Harrow, Seeder, and Baler)), By Drive (Two - Wheel Drive, Four - Wheel Drive and Autonomous Drive Tractors), By Product Type (Utility Tractor, Backhoe Loader, Specialty Tractor, and Others (Track Type Tractors, Compact Utility Tractor, and Sub-Compact Utility Tractor)), and By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Trends, Analysis, and Forecast till 2034.”

Key Highlights:
  • On February 11, 2020, John Deere adds new C650 Air Cart for small-grains producers and custom farmers. New Air Cart fills fast, calibrates easily and provides consistent product delivery.
  • On February 11, 2020, Deere introduces new 1745 Planter with narrow-transport capability. New planter is compatible with older tractors, ideal for small fields, no-till and transport on narrow roads.
Analyst View:

Rising global population resulting in surging demand for agricultural products, coupled with increasing consumer inclination towards small-sized tractors are major factors driving the global agriculture tractor market. Penetration of autonomous tractors, along with increasing automation in the agriculture sector is expected to boost the growth of target market over the forecast period. Easy availability of financing options, rising labor cost, shortage of skilled Labor and increasing investments by leading agricultural machinery manufacturers enhances the growth of global agriculture tractor market in the coming years.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Agriculture Tractor Market,” By Function (Haying, Spraying, Harvesting, Planting & Fertilizing, Plowing & Cultivating, and Others (Harrow, Seeder, and Baler)), By Drive (Two - Wheel Drive, Four - Wheel Drive and Autonomous Drive Tractors), By Product Type (Utility Tractor, Backhoe Loader, Specialty Tractor, and Others (Track Type Tractors, Compact Utility Tractor, and Sub-Compact Utility Tractor)), and By Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) – Trends, Analysis, and Forecast till 2034

Key Market Insights from the report:

The market report has been segmented based on function, drive, product type, and region.
  • By function, Plowing & cultivating is anticipated to hold the largest share in the implements market.
  • By drive, Two-wheel drive is estimated to be the largest farm tractors market, by drive type, during the forecast period.
  • By product type, the target market is divided into utility tractor, backhoe loader, speciality tractor, and others. Others include track-type tractors, compact utility tractor, and sub-compact utility tractor.
  • By region, Asia Pacific region is projected to be the largest global agriculture tractor market during the forecast period due to factors such as growing population, rising farm mechanization, and a large area of land for farming activity.
Competitive Landscape:

The prominent player operating in the agricultural tractors market includes Mahindra & Mahindra Ltd., John Deere & Co, AGCO Corporation, CNH Industrial N.V., Tractors, Farm Equipment Limited, Sonalika International Tractors Ltd., KUBOTA Corporation, Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., Argo Tractors S.p.A Ltd., CLAAS KGaA mbH Corporation.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. Also, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory framework across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.

Some Important Points Answered in this Market Report Are Given Below:
  • Explains an overview of the product portfolio, including product development, planning, and positioning
  • Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities, and sales performance of various companies
  • Detailed analysis of the market revenue in previous & next coming years
  • Examining various outlooks of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is anticipated to dominate the market.
  • Study on the regions that are expected to register the fastest growth over the forecast period.
Key Topics Covered

1. Introduction
  • Study Deliverables
  • Study Assumptions
  • Scope of the Study
1. Research Methodology

2. Executive Summary
  • Opportunity Map Analysis
  • Market at Glance
  • Market Share (%) and BPS Analysis, by Region
  • Competitive Landscape
  • Heat Map Analysis
  • Market Presence and Specificity Analysis
1. Investment Analysis

2. Competitive Analysis

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Research Objective and Assumption
Research Objectives
Assumptions
Abbreviations
Market Preview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Tractor Type
Market Snippet, By Engine Power
Market Snippet, By Driveline
Market Snippet, By Propulsion
Market Snippet, By Application
Market Snippet, By Region
Opportunity Map Analysis
Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Market Trends
Product Launch
Merger and Acquisitions
Impact Analysis
PEST Analysis
Porter’s Analysis
Agricultural Tractor with Forest Harvesting Modifications
Types of Farm Tractors
A Guide to Safe Farm Tractor Operation
Risk of Tractor Accidents
New Product Launches
Latest Technological Advancements
Merger, Acquisitions, and Partnerships
Market Segmentation, By Tractor Type, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Orchard Tractors
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Row-Crop Tractors
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Utility Tractors
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Garden Tractors
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Rotary Tillers Tractors
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Engine Power, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Less than 40 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
41 to 100 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
More than 100 HP
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Driveline, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
2WD
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
4WD
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Propulsion, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Electric
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
ICE
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Application, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Segment Trends
Harvesting
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Speed Sowing
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Spraying
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Others
Overview
Market Size and Forecast (USD Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
Market Segmentation, By Region, Forecast Period up to 10 Years, (USD Bn)
Overview
Market Value and Forecast (USD Bn), and Share Analysis (%), Forecast Period up to 10 Years
Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
Regional Trends
North America
Market Size and Forecast (USD Bn), By Engine Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Tractor Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Driveline, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
U.S.
Canada
Asia Pacific
Market Size and Forecast (USD Bn), By Engine Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Tractor Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Driveline, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
China
India
Japan
Australia
Indonesia
Malaysia
South Korea
Rest of Asia Pacific
Europe
Market Size and Forecast (USD Bn), By Engine Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Tractor Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Driveline, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Germany
U.K.
France
Russia
Italy
Spain
Netherland
Rest of Europe
Latin America
Market Size and Forecast (USD Bn), By Engine Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Tractor Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Driveline, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
Market Size and Forecast (USD Bn), By Engine Power, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Tractor Type, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Driveline, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Propulsion, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Application, Forecast Period up to 10 Years
Market Size and Forecast (USD Bn), By Country, Forecast Period up to 10 Years
GCC
Israel
South Africa
Rest of Middle East and Africa
Competitive Landscape
Heat Map Analysis
Company Profiles
Mahindra & Mahindra Ltd.
Deere & Company
KUBOTA Corporation
CLAAS KGaA mbH
AGCO Corporation
Daedong-USA, Inc.
Tractors and Farm Equipment Limited
J C Bamford Excavators Ltd.
Doosan Bobcat
Argo Tractors S.p.A.
Escorts Kubota Limited
Caterpillar
YANMAR HOLDINGS CO., LTD.
CNH Industrial N.V.
Massey Ferguson
SDF S.p.A.
Valtra Inc.
Eicher Tractors

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