Tractors Market - Global Outlook and Forecast 2023-2028

Report ID: 1091336 | Published Date: Jan 2025 | No. of Page: 76 | Base Year: 2024 | Rating: 4.3 | Webstory: Check our Web story

A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction. 
This report contains market size and forecasts of Tractors in global, including the following market information:
Global Tractors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Tractors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Tractors companies in 2021 (%)
The global Tractors market was valued at 117640 million in 2021 and is projected to reach US$ 167400 million by 2028, at a CAGR of 5.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less than 10 kw Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Tractors include Caterpillar, John Deere, Tractors and Farm Equipment, Kubota, AGCO, McCormick Tractor, Bobcat, Claas and New Holland, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Tractors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Tractors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tractors Market Segment Percentages, by Type, 2021 (%)
Less than 10 kw
10-30 kw
30~50 kw
Above 50 kw
Global Tractors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tractors Market Segment Percentages, by Application, 2021 (%)
Agriculture
Construction
Mining
Global Tractors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Tractors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Tractors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Tractors revenues share in global market, 2021 (%)
Key companies Tractors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Tractors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Caterpillar
John Deere
Tractors and Farm Equipment
Kubota
AGCO
McCormick Tractor
Bobcat
Claas
New Holland
Mahindra & Mahindra
KIOTI Tractor
Yanmar America
JCB

Frequently Asked Questions
Tractors Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Tractors Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Tractors Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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