The Agricultural Tractors Market was valued at USD 109.12 Bn in 2024, and the total revenue of the Global Agricultural Tractors Market is expected to grow at a CAGR of 4.43% from 2025 to 2032, reaching nearly USD 154.35 Bn by 2032.Agricultural Tractors Market Overview:
An agricultural tractor is a vehicle designed to perform essential farming tasks such as plowing, sowing, and harvesting. It powers and operates farm machinery, improving efficiency and reducing manual labor. Modern models often feature advanced technologies for precision and sustainable agriculture.To know about the Research Methodology:-Request Free Sample Report The global agricultural tractors market size is witnessing robust growth, primarily driven by the rising farm mechanization rate across developed and developing regions. Tractors are essential for plowing, tilling, sowing, harrowing, and harvesting, and their ability to pull or push various machinery enhances operational efficiency while reducing labor dependency. The integration of advanced technologies, such as GPS-guided systems, automation, autonomous tractors, and electric tractors with hybrid powertrains, is further boosting market CAGR and demand. By 2032, the agricultural sector is expected to account for 77.6% of the total tractor market, underscoring the increasing reliance on mechanized farming solutions. The Asia-Pacific agricultural tractors market dominated in 2024, fueled by a large population of smallholder farmers, supportive government initiatives, and rapid adoption of modern agricultural technologies. Key drivers of the agricultural tractors market include labor shortages in farming, rising focus on sustainable low-emission tractors, and demand for compact tractors in fragmented landholdings, presenting opportunities for electric tractors, hybrid models, and rental/leasing services. Major agricultural tractor competitors, such as John Deere, CNH Industrial, AGCO Corporation, and Kubota, dominate due to technological innovation, extensive distribution networks, localized manufacturing, and diverse product offerings. Emerging trends include autonomous tractors, precision agriculture integration, telematics-enabled connectivity, and the adoption of smart tractors.
Agricultural Tractors Market Dynamics
Compact and Versatile Tractors to boost Agricultural Tractors Market Growth The agricultural tractors market is propelled by the compact size, affordability, and multifunctional capabilities of tractors, particularly those under 40 horsepower (HP), which are widely used for general farming in emerging economies. In developed regions, the 41–99 HP tractor segment is experiencing strong growth due to rising demand for mechanized farming and mid-size utility tractors. Four-wheel-drive (4WD) tractors enhance adoption by offering superior traction and operational flexibility for tasks such as tilling, hauling, mowing, and loader applications. These factors collectively increase productivity, adoption rate, and agricultural tractor sales across diverse environments, particularly in high-demand regions like India, China, Europe, and North America. In 2024, Mahindra & Mahindra launched the Yuvraj 215 DI tractor in India, a compact and fuel-efficient model under 40 horsepower, specifically designed for small and marginal farms, boosting mechanization in rural regions. Precision Farming Adoption to Create Opportunities in the Agricultural Tractors Market The increasing adoption of precision farming tractors presents a significant growth opportunity for the agricultural tractors market. Farmers are increasingly investing in tractors equipped with GPS-enabled auto-steering, IoT sensors, and AI-powered systems that optimize the use of water, seeds, fertilizers, and machinery, thereby improving productivity and crop quality. Precision farming enables efficient resource management and addresses global food demand challenges by maximizing yields with minimal input. As awareness and implementation of these technologies expand, the demand for technology-driven, smart tractors is expected to grow, providing manufacturers with opportunities to innovate and capture high-value segments. For instance, John Deere introduced precision-enabled tractors with GPS-guided auto-steering in India, helping farmers optimize input use and improve crop yields, demonstrating growing demand for technology-driven farming solutions. High Costs and Financing Dependence to Limit Agricultural Tractors Market Expansion Despite growing adoption, the high upfront costs of tractors remain a key challenge, particularly for small and marginal farmers in developing economies. This cost barrier drives dependence on tractor rental and leasing services as well as government-supported financial programs, such as farm loan waivers and subsidized credit schemes. While these measures improve accessibility, inconsistent policy support or limited rental infrastructure can hinder consistent agricultural tractor sales growth. Rising labor costs, fuel expenses, and operational expenditures further constrain farmers’ ability to purchase machinery outright, moderating direct tractor market penetration in certain regions.Agricultural Tractors Market Segment Analysis
Based on Power, the under 40 HP segment dominated the global agricultural tractors market in 2024, accounting for over 63% of total sales by volume. This segment's dominance is primarily due to the affordability and versatility of compact tractors, which are ideal for small to medium-sized farms. They are well-suited for tasks such as seed sowing, irrigation, and light tillage, making them particularly popular in regions with fragmented landholdings. Additionally, government subsidies and support for mechanization in developing countries have further fueled the adoption of these compact tractors. Based on Drive Type, the 2-Wheel Drive (2WD) segment held a dominant share of the global tractor market in 2024, accounting for over 77% of sales by volume. Its widespread adoption was driven by the lower initial cost, fuel efficiency, and ease of maintenance associated with 2WD tractors. These tractors were particularly suitable for flat terrains and lighter agricultural tasks, making them a cost-effective choice for farmers. While 4WD tractors gained traction due to their enhanced traction and versatility in challenging terrains, the 2WD segment remained the preferred option because of its affordability and practicality.Based on Operation Mode, the Manual tractors segment dominated the global agricultural tractors market in 2024. Their simplicity, durability, and lower initial cost made them the preferred choice for farmers, particularly in developing regions where advanced automation was less accessible. Although autonomous tractors began emerging, manual tractors remained widely adopted due to their proven reliability and ease of use. The adoption of these tractors was further supported by government incentives and the availability of affordable financing options for farmers.
Agricultural Tractors Market Regional Analysis
The Asia-Pacific (APAC) tractors market led global sales in 2024, driven by farm mechanization adoption in India and China, growing government support, and regional tractor manufacturing hubs. Continuous advancements, such as robotics in tractors, automation, and sustainable tractor models, are keeping manufacturers competitive. Policy initiatives, such as India’s Rashtriya Krishi Vikas Yojana (RKVY) and financial support from NABARD, have accelerated the tractor penetration rate across rural India. Meanwhile, North America and Europe are witnessing higher adoption of electric tractors and autonomous farming equipment, while Africa and Latin America show rising demand due to low tractor penetration rates and government farm mechanization subsidies.Agricultural Tractors Market Competitive Landscape
The global agricultural tractor market in 2025 is characterized by robust growth, fueled by government initiatives and technological advancements. In India, the government's reduction of Goods and Services Tax (GST) on farm equipment from 12–18% to 5% has made tractors more affordable, lowering retail prices by 7–13%. This policy aims to promote mechanization and reduce labor dependency, aligning with the government's goal to enhance agricultural productivity. Additionally, state-level schemes like the Sub-Mission on Agricultural Mechanization (SMAM) are providing subsidies for the purchase of modern farming equipment. These efforts are contributing to the expansion of the tractor market, as farmers increasingly adopt mechanized solutions to improve efficiency and yield. Leading agricultural tractor manufacturers include John Deere, Mahindra & Mahindra, CNH Industrial, Kubota, and AGCO Corporation, all focusing on localized manufacturing, dealer network expansion, and technology innovation. Recent developments include investments in autonomous tractor R&D, electric tractor launches, and partnerships for precision farming solutions, solidifying their presence in the global agricultural tractors market share. Deere & Company and Mahindra & Mahindra are leading players in the global agricultural tractor market by combining innovation, sustainability, and localized strategies. Deere focuses on AI-driven autonomous tractors and eco-friendly equipment, supported by an extensive dealer network, while Mahindra emphasizes affordable, durable tractors with strong rural distribution and tailored financing, strengthening its market presence in India.Agricultural Tractors Market Recent Developments
• On May 21, 2025, Deere & Company (United States) pledged a major U.S. investment program, committing $20 billion (multi-year) for new factories, facility upgrades, and supplier investment, including new assembly lines for high-horsepower tractors and a new factory in North Carolina. • On April 26, 2025, Mahindra & Mahindra (India) announced and closed a 58.96% acquisition of SML Isuzu (rebranded SML Mahindra), strengthening its commercial-vehicle capability and supporting a broader commercial-vehicle/tractor strategy in India. • On February 12, 2025, Zoomlion Heavy Industry (China) reported strong early-2025 dispatches, delivering over 10,000 units across product lines (including agricultural machinery), highlighting higher production and increased export activity from its industrial parks. • On June 3, 2025, Kubota Corporation (Japan) announced that Kubota North America entered a strategic collaboration with Agtonomy to commercialize autonomous operations on Kubota diesel tractors with a specialty-crop focus, advancing connectivity and automation across its portfolio.Agricultural Tractors Market Key Trends
Smart Farming with IoT-Enabled Tractors Agricultural tractors are getting smarter with IoT integration, offering real-time monitoring, predictive maintenance, and data-driven insights. This trend is revolutionizing precision farming by boosting productivity, lowering operational costs, and empowering farmers with next-gen connectivity solutions. Electric & Autonomous Tractors Reshaping Agriculture The rise of electric and driverless tractors is transforming traditional farming into a sustainable, tech-driven industry. Electric tractors cut fuel costs and emissions, while autonomous tractors tackle labor shortages, enabling 24/7 field operations and maximizing agricultural efficiency. Compact Tractors Driving Small Farm Growth Compact tractors are emerging as a game-changer for small farmers and urban agriculture. With versatility, affordability, and multifunctional use, these tractors are fueling mechanization in peri-urban and fragmented landholdings, making modern farming accessible to wider segments.Agricultural Tractors Market Scope: Inquire Before Buying
Agricultural Tractors Market Report Coverage Details Base Year: 2024 Forecast Period: 2025-2032 Historical Data: 2019 to 2024 Market Size in 2024: USD 109.12 Bn. Forecast Period 2025 to 2032 CAGR: 6.17% Market Size in 2032: USD 154.35 Bn. Segments Covered: by Power Under 40 HP 40 HP & Under 100 HP 100 HP & above by Drive type 2-Wheel Drive 4-Wheel Drive by operation mode Manual tractor Autonomous tractor by Agriculture Application Harvesting Seed Sowing Irrigation Others Agricultural Tractors Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Agricultural Tractors Market: Key Players are
North America 1. Deere & Company (United States) 2. AGCO Corporation (United States) Europe 3. CNH Industrial N.V. (Netherlands) 4. CLAAS KGaA mbH (Germany) 5. SDF Group (Italy) 6. Argo Tractors S.p.A. (Italy) 7. Zetor Tractors a.s. (Czech Republic) 8. Minsk Tractor Works (MTZ) (Belarus) 9. Ursus S.A. (Poland) 10. Carraro SpA (Italy) 11. Goldoni S.p.A. (Italy) 12. Arbos Group (Italy) Asia Pacific 13. Mahindra & Mahindra (India) 14. Kubota Corporation (Japan) 15. Yanmar Co., Ltd. (Japan) 16. Daedong Industrial Co., Ltd. / Kioti (South Korea) 17. Iseki & Co., Ltd. (Japan) 18. LS Mtron Co., Ltd. (South Korea) 19. TYM Corporation (South Korea) 20. Escorts Limited (India) 21. TAFE — Tractors and Farm Equipment Ltd. (India) 22. International Tractors Limited (India) 23. Lovol Heavy Industry (China) 24. YTO Group Corporation (China) 25. Qilu Machinery (China) 26. Zoomlion Heavy Industry Science & Technology Co., Ltd. (China) 27. Eicher Motors Limited (India) 28. Dongfeng Motor Corporation (China) Middle East & Africa 29. Hattat Tarım Makinaları A.Ş. (Turkey) South America 30. Agrale S.A. (Brazil)Frequently Asked Questions:
Q1. What is the size of the global agricultural tractors market? Ans: The agricultural tractors market was valued at USD 109.12 billion in 2024 and is expected to reach USD 154.35 billion by 2032, growing at a CAGR of 4.43% from 2025 to 2032. Q2. Which region dominates the agricultural tractors market? Ans: Asia-Pacific (APAC) dominated the agricultural tractors market in 2024 due to a large number of smallholder farmers, government support, and rapid adoption of modern agricultural technologies. Q3. Who are the major players in the agricultural tractors market? Ans: Key global players include Deere & Company, Mahindra & Mahindra, Kubota Corporation, AGCO Corporation, and CNH Industrial. Q4. What are the challenges in the agricultural tractors market? Ans: High upfront costs of tractors, dependence on financing or rental services, and rising operational expenses, especially for small and marginal farmers. Q5. What applications are covered by agricultural tractors? Ans: Harvesting, seed sowing, irrigation, and other farm operations.
1. Agricultural Tractors Market Introduction 1.1. Study Assumption and Market Definition 1.2. Scope of the Study 1.3. Executive Summary 2. Global Agricultural Tractors Market: Competitive Landscape 2.1. MMR Competition Matrix 2.2. Competitive Landscape 2.3. Key Players Benchmarking 2.3.1. Company Name 2.3.2. Business Segment 2.3.3. End-user Segment 2.3.4. Revenue (2024) 2.3.5. Company Locations 2.4. Leading Agricultural Tractors Market Companies, by market capitalization 2.5. Market Structure 2.5.1. Market Leaders 2.5.2. Market Followers 2.5.3. Emerging Players 2.6. Mergers and Acquisitions Details 3. Agricultural Tractors Market: Dynamics 3.1. Agricultural Tractors Market Trends by Region 3.1.1. North America Agricultural Tractors Market Trends 3.1.2. Europe Agricultural Tractors Market Trends 3.1.3. Asia Pacific Agricultural Tractors Market Trends 3.1.4. Middle East and Africa Agricultural Tractors Market Trends 3.1.5. South America Agricultural Tractors Market Trends 3.2. Agricultural Tractors Market Dynamics by Region 3.2.1. North America 3.2.1.1. North America Agricultural Tractors Market Drivers 3.2.1.2. North America Agricultural Tractors Market Restraints 3.2.1.3. North America Agricultural Tractors Market Opportunities 3.2.1.4. North America Agricultural Tractors Market Challenges 3.2.2. Europe 3.2.2.1. Europe Agricultural Tractors Market Drivers 3.2.2.2. Europe Agricultural Tractors Market Restraints 3.2.2.3. Europe Agricultural Tractors Market Opportunities 3.2.2.4. Europe Agricultural Tractors Market Challenges 3.2.3. Asia Pacific 3.2.3.1. Asia Pacific Agricultural Tractors Market Drivers 3.2.3.2. Asia Pacific Agricultural Tractors Market Restraints 3.2.3.3. Asia Pacific Agricultural Tractors Market Opportunities 3.2.3.4. Asia Pacific Agricultural Tractors Market Challenges 3.2.4. Middle East and Africa 3.2.4.1. Middle East and Africa Agricultural Tractors Market Drivers 3.2.4.2. Middle East and Africa Agricultural Tractors Market Restraints 3.2.4.3. Middle East and Africa Agricultural Tractors Market Opportunities 3.2.4.4. Middle East and Africa Agricultural Tractors Market Challenges 3.2.5. South America 3.2.5.1. South America Agricultural Tractors Market Drivers 3.2.5.2. South America Agricultural Tractors Market Restraints 3.2.5.3. South America Agricultural Tractors Market Opportunities 3.2.5.4. South America Agricultural Tractors Market Challenges 3.3. PORTER’s Five Forces Analysis 3.4. PESTLE Analysis 3.5. Technology Roadmap 3.6. Regulatory Landscape by Region 3.6.1. North America 3.6.2. Europe 3.6.3. Asia Pacific 3.6.4. Middle East and Africa 3.6.5. South America 3.7. Key Opinion Leader Analysis For Agricultural Tractors Industry 3.8. Analysis of Government Schemes and Initiatives For Agricultural Tractors Industry 3.9. Agricultural Tractors Market Trade Analysis 3.10. The Global Pandemic Impact on Agricultural Tractors Market 4. Agricultural Tractors Market: Global Market Size and Forecast by Segmentation by Demand and Supply Side (by Value in USD Million) 2024-2032 4.1. Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 4.1.1. Under 40 HP 4.1.2. 40 HP & Under 100 HP 4.1.3. 100 HP & above 4.2. Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 4.2.1. 2-Wheel Drive 4.2.2. 4-Wheel Drive 4.3. Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 4.3.1. Manual tractor 4.3.2. Autonomous tractor 4.4. Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 4.4.1. Harvesting 4.4.2. Seed Sowing 4.4.3. Irrigation 4.4.4. Others 4.5. Agricultural Tractors Market Size and Forecast, by Region (2024-2032) 4.5.1. North America 4.5.2. Europe 4.5.3. Asia Pacific 4.5.4. Middle East and Africa 4.5.5. South America 5. North America Agricultural Tractors Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 5.1. North America Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 5.1.1. Under 40 HP 5.1.2. 40 HP & Under 100 HP 5.1.3. 100 HP & above 5.2. North America Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 5.2.1. 2-Wheel Drive 5.2.2. 4-Wheel Drive 5.3. North America Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 5.3.1. Manual tractor 5.3.2. Autonomous tractor 5.4. North America Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 5.4.1. Harvesting 5.4.2. Seed Sowing 5.4.3. Irrigation 5.4.4. Others 5.5. North America Agricultural Tractors Market Size and Forecast, by Country (2024-2032) 5.5.1. United States 5.5.1.1. United States Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 5.5.1.1.1. Under 40 HP 5.5.1.1.2. 40 HP & Under 100 HP 5.5.1.1.3. 100 HP & above 5.5.1.2. United States Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 5.5.1.2.1. 2-Wheel Drive 5.5.1.2.2. 4-Wheel Drive 5.5.1.3. United States Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 5.5.1.3.1. Manual tractor 5.5.1.3.2. Autonomous tractor 5.5.1.4. United States Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 5.5.1.4.1. Harvesting 5.5.1.4.2. Seed Sowing 5.5.1.4.3. Irrigation 5.5.1.4.4. Others 5.5.2. Canada 5.5.2.1. Canada Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 5.5.2.1.1. Under 40 HP 5.5.2.1.2. 40 HP & Under 100 HP 5.5.2.1.3. 100 HP & above 5.5.2.2. Canada Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 5.5.2.2.1. 2-Wheel Drive 5.5.2.2.2. 4-Wheel Drive 5.5.2.3. Canada Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 5.5.2.3.1. Manual tractor 5.5.2.3.2. Autonomous tractor 5.5.2.4. Canada Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 5.5.2.4.1. Harvesting 5.5.2.4.2. Seed Sowing 5.5.2.4.3. Irrigation 5.5.2.4.4. Others 5.5.3. Mexico 5.5.3.1. Mexico Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 5.5.3.1.1. Under 40 HP 5.5.3.1.2. 40 HP & Under 100 HP 5.5.3.1.3. 100 HP & above 5.5.3.2. Mexico Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 5.5.3.2.1. 2-Wheel Drive 5.5.3.2.2. 4-Wheel Drive 5.5.3.3. Mexico Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 5.5.3.3.1. Manual tractor 5.5.3.3.2. Autonomous tractor 5.5.3.4. Mexico Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 5.5.3.4.1. Harvesting 5.5.3.4.2. Seed Sowing 5.5.3.4.3. Irrigation 5.5.3.4.4. Others 6. Europe Agricultural Tractors Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 6.1. Europe Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.2. Europe Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.3. Europe Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.4. Europe Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5. Europe Agricultural Tractors Market Size and Forecast, by Country (2024-2032) 6.5.1. United Kingdom 6.5.1.1. United Kingdom Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.1.2. United Kingdom Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.1.3. United Kingdom Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.1.4. United Kingdom Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.2. France 6.5.2.1. France Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.2.2. France Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.2.3. France Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.2.4. France Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.3. Germany 6.5.3.1. Germany Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.3.2. Germany Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.3.3. Germany Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.3.4. Germany Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.4. Italy 6.5.4.1. Italy Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.4.2. Italy Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.4.3. Italy Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.4.4. Italy Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.5. Spain 6.5.5.1. Spain Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.5.2. Spain Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.5.3. Spain Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.5.4. Spain Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.6. Sweden 6.5.6.1. Sweden Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.6.2. Sweden Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.6.3. Sweden Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.6.4. Sweden Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.7. Austria 6.5.7.1. Austria Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.7.2. Austria Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.7.3. Austria Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.7.4. Austria Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 6.5.8. Rest of Europe 6.5.8.1. Rest of Europe Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 6.5.8.2. Rest of Europe Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 6.5.8.3. Rest of Europe Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 6.5.8.4. Rest of Europe Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7. Asia Pacific Agricultural Tractors Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 7.1. Asia Pacific Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.2. Asia Pacific Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.3. Asia Pacific Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.4. Asia Pacific Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5. Asia Pacific Agricultural Tractors Market Size and Forecast, by Country (2024-2032) 7.5.1. China 7.5.1.1. China Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.1.2. China Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.1.3. China Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.1.4. China Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.2. S Korea 7.5.2.1. S Korea Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.2.2. S Korea Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.2.3. S Korea Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.2.4. S Korea Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.3. Japan 7.5.3.1. Japan Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.3.2. Japan Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.3.3. Japan Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.3.4. Japan Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.4. India 7.5.4.1. India Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.4.2. India Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.4.3. India Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.4.4. India Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.5. Australia 7.5.5.1. Australia Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.5.2. Australia Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.5.3. Australia Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.5.4. Australia Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.6. Indonesia 7.5.6.1. Indonesia Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.6.2. Indonesia Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.6.3. Indonesia Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.6.4. Indonesia Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.7. Malaysia 7.5.7.1. Malaysia Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.7.2. Malaysia Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.7.3. Malaysia Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.7.4. Malaysia Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.8. Vietnam 7.5.8.1. Vietnam Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.8.2. Vietnam Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.8.3. Vietnam Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.8.4. Vietnam Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.9. Taiwan 7.5.9.1. Taiwan Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.9.2. Taiwan Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.9.3. Taiwan Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.9.4. Taiwan Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 7.5.10. Rest of Asia Pacific 7.5.10.1. Rest of Asia Pacific Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 7.5.10.2. Rest of Asia Pacific Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 7.5.10.3. Rest of Asia Pacific Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 7.5.10.4. Rest of Asia Pacific Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 8. Middle East and Africa Agricultural Tractors Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 8.1. Middle East and Africa Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 8.2. Middle East and Africa Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 8.3. Middle East and Africa Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 8.4. Middle East and Africa Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 8.5. Middle East and Africa Agricultural Tractors Market Size and Forecast, by Country (2024-2032) 8.5.1. South Africa 8.5.1.1. South Africa Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 8.5.1.2. South Africa Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 8.5.1.3. South Africa Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 8.5.1.4. South Africa Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 8.5.2. GCC 8.5.2.1. GCC Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 8.5.2.2. GCC Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 8.5.2.3. GCC Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 8.5.2.4. GCC Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 8.5.3. Nigeria 8.5.3.1. Nigeria Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 8.5.3.2. Nigeria Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 8.5.3.3. Nigeria Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 8.5.3.4. Nigeria Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 8.5.4. Rest of ME&A 8.5.4.1. Rest of ME&A Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 8.5.4.2. Rest of ME&A Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 8.5.4.3. Rest of ME&A Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 8.5.4.4. Rest of ME&A Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 9. South America Agricultural Tractors Market Size and Forecast by Segmentation (by Value in USD Million) 2024-2032 9.1. South America Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 9.2. South America Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 9.3. South America Agricultural Tractors Market Size and Forecast, by Operation Mode(2024-2032) 9.4. South America Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 9.5. South America Agricultural Tractors Market Size and Forecast, by Country (2024-2032) 9.5.1. Brazil 9.5.1.1. Brazil Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 9.5.1.2. Brazil Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 9.5.1.3. Brazil Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 9.5.1.4. Brazil Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 9.5.2. Argentina 9.5.2.1. Argentina Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 9.5.2.2. Argentina Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 9.5.2.3. Argentina Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 9.5.2.4. Argentina Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 9.5.3. Rest Of South America 9.5.3.1. Rest Of South America Agricultural Tractors Market Size and Forecast, by Power (2024-2032) 9.5.3.2. Rest Of South America Agricultural Tractors Market Size and Forecast, by Drive Type (2024-2032) 9.5.3.3. Rest Of South America Agricultural Tractors Market Size and Forecast, by Operation Mode (2024-2032) 9.5.3.4. Rest Of South America Agricultural Tractors Market Size and Forecast, by Agriculture Application (2024-2032) 10. Company Profile: Key Players 10.1. Deere & Company (United States) 10.1.1. Company Overview 10.1.2. Business Portfolio 10.1.3. Financial Overview 10.1.4. SWOT Analysis 10.1.5. Strategic Analysis 10.1.6. Scale of Operation (small, medium, and large) 10.1.7. Details on Partnership 10.1.8. Regulatory Accreditations and Certifications Received by Them 10.1.9. Awards Received by the Firm 10.1.10. Recent Developments 10.2. AGCO Corporation (United States) 10.3. CNH Industrial N.V. (Netherlands) 10.4. CLAAS KGaA mbH (Germany) 10.5. SDF Group (Italy) 10.6. Argo Tractors S.p.A. (Italy) 10.7. Zetor Tractors a.s. (Czech Republic) 10.8. Minsk Tractor Works (MTZ) (Belarus) 10.9. Ursus S.A. (Poland) 10.10. Carraro SpA (Italy) 10.11. Goldoni S.p.A. (Italy) 10.12. Arbos Group (Italy) 10.13. Mahindra & Mahindra (India) 10.14. Kubota Corporation (Japan) 10.15. Yanmar Co., Ltd. (Japan) 10.16. Daedong Industrial Co., Ltd. / Kioti (South Korea) 10.17. Iseki & Co., Ltd. (Japan) 10.18. LS Mtron Co., Ltd. (South Korea) 10.19. TYM Corporation (South Korea) 10.20. Escorts Limited (India) 10.21. TAFE — Tractors and Farm Equipment Ltd. (India) 10.22. International Tractors Limited (India) 10.23. Lovol Heavy Industry (China) 10.24. YTO Group Corporation (China) 10.25. Qilu Machinery (China) 10.26. Zoomlion Heavy Industry Science & Technology Co., Ltd. (China) 10.27. Eicher Motors Limited (India) 10.28. Dongfeng Motor Corporation (China) 10.29. Hattat Tarım Makinaları A.Ş. (Turkey) 10.30. Agrale S.A. (Brazil) 11. Key Findings 12. Industry Recommendations 13. Agricultural Tractors Market: Research Methodology 14. Terms and Glossary