In 2023, the sold production of new agricultural and forestry wheeled tractors with an engine power greater than 90 kW in France stood at X thousand items. From 2024 to 2028, forecasted figures indicate a steady upward trend, increasing from 18.29 thousand items in 2024 to 19.78 thousand items in 2028. The year-on-year growth rates from 2024 to 2028 suggest a consistent increase, with minor percentage variations each year contributing to a healthy market growth trajectory. The Compound Annual Growth Rate (CAGR) over these five years provides an insight into sustained growth within the sector.
Future trends to watch for include:
- Technological advancements in tractor manufacturing enhancing efficiency and functionality.
- Policy changes related to agricultural subsidies or environmental standards impacting production volumes.
- Potential market fluctuations influenced by global economic conditions or trade agreements.