1. Market Research
  2. > Agriculture
  3. > Agricultural Input
  4. > Agricultural Machinery Market Trends
Global Agricultural Tractor Market

Global Agricultural Tractor Market

  • July 2017
  • 107 pages
  • ID: 5023777


Table of Contents

Search Inside

The global agricultural tractors market is expected to grow at a CAGR of 6.32%. Tractors are extensively used for drawing, towing or pulling objects in the agricultural field that are extremely hard to move. The tractors on farms are generally used for pushing agricultural implements or trailers used for plowing or harrowing fields. Farm tractors are the most frequently used tractors. The classic farm tractor is an open vehicle with two large driving wheels on an axle below with the engine in front of the driver’s seat and two steering wheels below the engine compartment. This basic design has remained unchanged for a number of years.

Market Dynamics

The demand for agricultural production is growing because of the rising population. The farm tractor business sector was reasonably affected by the recession in 2008 – 2009; however, it recuperated by 2010. With the growth in demand for food produce, the farm tractor market showed significant development in the next three years and the trend is expected to stay the same throughout the following three years. The worldwide economy has kept on seeing an increase in the motorization of farming practices. The shortage of labor, accessibility to credit, and expanded government subsidies towards mechanization are the significant driving factors for the tractors market. However, developments in designing tractors have increased the cost of production, thus posing a constraint to the market. Another restraint for the growth in the agricultural tractors market is the demand-supply disparity, there being an increased supply of tractors in the market. North America is one of the major markets in the agricultural tractor sector, with more than 260,000 new tractor sales in the region (by the end of 2014).

Farm tractors have had a major impact on the farming activities in the US. In the US, only around 2% of the population is engaged in agricultural activities and there is a possibility that this figure might decrease further. However, food needs are increasing so there is a wide scope for technology to play a critical role and ensure that the efficiency and productivity of farming are improved. The critical step taken by tractor manufacturers is to focus more on cost-effective precision farming. This uses intelligent production technologies to improve yield and at the same time focuses on minimizing costs. Many machinery manufacturers in the US are exporters to many countries. As a result, the US is one of the leading exporters of farm manufacturing equipment. The growing demand for agricultural machinery in India and China is expected to give a huge boost to this market in Asia-Pacific region.

Market Segmentation

The market is segmented on the basis of type, wheel drive, design type, system type, and geography.

Type (row crop tractor, compact utility tractor, farm tractor, lawn tractor, track type tractor)
Wheel drive (two-wheel drive, four-wheel drive, and others)
Design type (tractor with cab, tractor without cab)
System type (without loaders, front loaders, backhoe loaders)
By geography (North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America)

Some of the key players in the market are:

Deere & Company

What the report offers/b>

Market analysis of the global agricultural tractor market with specific assessments and competition analysis on the global and regional scale.
Market definition along with the identification of key drivers, opportunities, and restraints.
Expert interviews and their insights on market shift, current and future outlook and factors impacting vendors short term and long term strategies.
Identification of factors instrumental in changing the market scenario, rising prospective opportunities, and identification of key companies that can influence this market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their market share.
Identification and analysis of the macro and micro factors that affect the global agricultural tractor market on the global and regional scale.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Machinery in the United States

United States: Machinery Industry Report

  • $ 350
  • Industry report
  • May 2018
  • by MarketLine

Machinery in the United StatesSummaryMachinery in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2013-17, and forecast ...

Robotic Agriculture: Tractors with Self Driving Features, Market Shares, Market Strategies, and Market Forecasts, 2018 to 2024

Robotic Agriculture: Tractors with Self Driving Features, Market Shares, Market Strategies, and Market Forecasts, 2018 to 2024

  • $ 4300
  • Industry report
  • May 2018
  • by WinterGreen Research

WinterGreen Research announces that it has published a new study Agricultural Tractor Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024. The 2018 study has 210 pages, 110 tables and ...

Global Off-Highway Vehicle Engine Market

Global Off-Highway Vehicle Engine Market

  • $ 4250
  • Industry report
  • July 2018
  • by Mordor Intelligence LLP

The market is poised to grow at a CAGR of 6.27% during the forecast period. The construction industry, barring a few regions, is making a strong comeback to the global scenario. Even South America, the ...


Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on