Industry Reports
Global Farm Tractors
This Freedonia study analyzes the more than $55 billion global farm tractor market. The study provides agricultural tractor demand for 2011, 2016, and 2021, and forecasts for 2026 and 2031.
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Report Overview
According to industry analyst Gleb Mytko, "Tractor sales rebounded at a double-digit annual pace in all regions in 2021, with the Africa/Mideast region, Central and South America, and Eastern Europe registering growth of more than 20%."
This Freedonia study analyzes the more than $55 billion global farm tractor market. 
The study provides agricultural tractor demand for 2011, 2016, and 2021, and forecasts for 2026 and 2031. We also offer annual data for all countries for the 2018-2025 period. This study also presents farm tractor demand by type (wheel tractors, crawler tractors, and pedestrian-controlled tractors) for 20 countries. Finally, it evaluates market share for the top six manufacturers worldwide, such as AGCO, Deere, and Kubota.
Featuring 88 tables and 40 figures – available in Excel and Powerpoint! Learn More
- Executive Summary
- Figure 1-1. Global Farm Tractor Market Outlook
- About This Report
- Report Details
- Study Scope & Product Description
- Figure 2-1. Farm Tractors: Product Examples
- Impact of the COVID-19 Pandemic
- Table | Annual Global Farm Tractor Demand by Region, 2019 – 2022
- Table | Annual Global Farm Tractor Demand by Type, 2019 – 2022
- Figure 2-2. Annual Global Farm Tractor Demand Growth, 2019 – 2024
- Overview
- Historical Market Trends
- Table | Global Farm Tractor Demand, 2011 – 2021
- Figure 3-1. Global Farm Tractor Demand, 2003 – 2021
- Demand by Region
- Table | Global Farm Tractor Demand by Region, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Farm Tractor Demand by Region, 2018 – 2025
- Figure 3-2. Global Farm Tractor Demand by Region, 2011, 2016, 2021, 2026, &2031
- Demand by Type
- Table | Global Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Farm Tractor Demand by Type, 2018 – 2025
- Wheeled Tractors
- Table | Global Wheeled Farm Tractor Demand by Region, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Wheeled Farm Tractor Demand by Region, 2018 – 2025
- Crawler Tractors
- Table | Global Crawler Farm Tractor Demand by Region, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Crawler Farm Tractor Demand by Region, 2018 – 2025
- Pedestrian-Controlled Tractors
- Table | Global Pedestrian-Controlled Farm Tractor Demand by Region, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Pedestrian-Controlled Farm Tractor Demand by Region, 2018 – 2025
- Leading Country Markets
- Figure 3-3. Global Farm Tractors: Leading Country Markets, 2021
- Pricing Trends
- Figure 3-4. Global Farm Tractor Prices, 2016 – 2026
- International Trade
- Market Share
- Figure 3-5. Global Farm Tractor Market Share by Company, 2021
- Historical Market Trends
- Factors Impacting Farm Tractor Demand
- Global Agricultural Outlook
- Table | Global Agricultural Value Added, 2011, 2016, 2021, 2026, &2031
- Table | Annual Global Agricultural Value Added, 2018 – 2025
- Agricultural Commodity Pricing
- Figure 4-1. Agricultural Commodity Pricing, 2002 – 2022
- Labor Force Productivity in Agriculture
- Government Subsidies & Regulations
- Crop Subsidies
- Emissions Regulations
- Safety Regulations
- Technical Standards
- Technology Trends
- Current Farm Tractor Technology
- Technological Outlook: Automation & Other Advanced Technologies
- Functional Competition (Used & Rebuilt Equipment)
- Global Agricultural Outlook
- North America
- North America: Farm Tractor Market Size
- North America: Demand by Country & Type
- Table | North America: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | North America: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 5-1. North America: Farm Tractor Demand by Country & Type, 2021
- United States
- Table | United States: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | United States: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 5-2. United States: Farm Tractor Demand by Type, 2003 – 2021
- Canada
- Table | Canada: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Canada: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 5-3. Canada: Farm Tractor Demand by Type, 2003 – 2021
- Mexico
- Table | Mexico: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Mexico: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 5-4. Mexico: Farm Tractor Demand by Type, 2003 – 2021
- Central & South America
- Central & South America: Farm Tractor Market Size
- Central & South America: Demand by Country & Type
- Table | Central & South America: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | Central & South America: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 6-1. Central & South America: Farm Tractor Demand by Country & Type, 2021
- Brazil
- Table | Brazil: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Brazil: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 6-2. Brazil: Farm Tractor Demand by Type, 2003 – 2021
- Argentina
- Table | Argentina: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Argentina: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 6-3. Argentina: Farm Tractor Demand by Type, 2003 – 2021
- Other Central & South America
- Table | Other Central & South America: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Other Central & South America: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 6-4. Other Central & South America: Farm Tractor Demand by Type, 2003 – 2021
- Western Europe
- Western Europe: Farm Tractor Market Size
- Western Europe: Demand by Country & Type
- Table | Western Europe: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | Western Europe: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 7-1. Western Europe: Farm Tractor Demand by Country & Type, 2021
- France
- Table | France: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | France: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-2. France: Farm Tractor Demand by Type, 2003 – 2021
- Italy
- Table | Italy: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Italy: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-3. Italy: Farm Tractor Demand by Type, 2003 – 2021
- Germany
- Table | Germany: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Germany: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-4. Germany: Farm Tractor Demand by Type, 2003 – 2021
- United Kingdom
- Table | United Kingdom: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | United Kingdom: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-5. United Kingdom: Farm Tractor Demand by Type, 2003 – 2021
- Spain
- Table | Spain: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Spain: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-6. Spain: Farm Tractor Demand by Type, 2003 – 2021
- Netherlands
- Table | Netherlands: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Netherlands: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-7. Netherlands: Farm Tractor Demand by Type, 2023 – 2021
- Other Western Europe
- Table | Other Western Europe: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Other Western Europe: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 7-8. Other Western Europe: Farm Tractor Demand by Type, 2003 – 2021
- Eastern Europe
- Eastern Europe: Farm Tractor Market Size
- Eastern Europe: Demand by Country & Type
- Table | Eastern Europe: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | Eastern Europe: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 8-1. Eastern Europe: Farm Tractor Demand by Country & Type, 2021
- Russia
- Table | Russia: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Russia: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 8-2. Russia: Farm Tractor Demand by Type, 2003 – 2021
- Poland
- Table | Poland: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Poland: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 8-3. Poland: Farm Tractor Demand by Type, 2003 – 2021
- Other Eastern Europe
- Table | Other Eastern Europe: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Other Eastern Europe: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 8-4. Other Eastern Europe: Farm Tractor Demand by Type, 2003 – 2021
- Asia/Pacific
- Asia/Pacific: Farm Tractor Market Size
- Asia/Pacific: Demand by Country & Type
- Table | Asia/Pacific: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | Asia/Pacific: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 9-1. Asia/Pacific: Farm Tractor Demand by Country & Type, 2021
- China
- Table | China: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | China: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-2. China: Farm Tractor Demand by Type, 2003 – 2021
- India
- Table | India: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | India: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-3. India: Farm Tractor Demand by Type, 2003 – 2021
- Japan
- Table | Japan: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Japan: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-4. Japan: Farm Tractor Demand by Type, 2003 – 2021
- Australia
- Table | Australia: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Australia: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-5. Australia: Farm Tractor Demand by Type, 2003 – 2021
- South Korea
- Table | South Korea: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | South Korea: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-6. South Korea: Farm Tractor Demand by Type, 2003 – 2021
- Thailand
- Table | Thailand: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Thailand: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-7. Thailand: Farm Tractor Demand by Type, 2003 – 2021
- Other Asia/Pacific
- Table | Other Asia/Pacific: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Other Asia/Pacific: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 9-8. Other Asia/Pacific: Farm Tractor Demand by Type, 2003 – 2021
- Africa/Mideast
- Africa/Mideast: Farm Tractor Market Size
- Africa/Mideast: Demand by Country & Type
- Table | Africa/Mideast: Farm Tractor Demand by Country & Type, 2011, 2016, 2021, 2026, &2031
- Table | Africa/Mideast: Annual Farm Tractor Demand by Country & Type, 2018 – 2025
- Figure 10-1. Africa/Mideast: Farm Tractor Demand by Country & Type, 2021
- Turkey
- Table | Turkey: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Turkey: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 10-2. Turkey: Farm Tractor Demand by Type, 2003 – 2021
- Other Africa/Mideast
- Table | Other Africa/Mideast: Farm Tractor Demand by Type, 2011, 2016, 2021, 2026, &2031
- Table | Other Africa/Mideast: Annual Farm Tractor Demand by Type, 2018 – 2025
- Figure 10-3. Other Africa/Mideast: Farm Tractor Demand by Type, 2003 – 2021
- Appendix
- Scope
- Table | Relevant HS Codes
- Table | Relevant NAICS & SIC Codes
- Table | Relevant NACE Codes
- Definitions
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Country Lists by Region
- Table | Countries in North America
- Table | Countries in Central & South America
- Table | Countries in Western Europe
- Table | Countries in Eastern Europe
- Table | Countries in the Asia/Pacific Region
- Table | Countries in the Africa/Mideast Region
- Macroeconomic Assumptions
- Economic Environment
- Table | Global Gross Domestic Product by Region & Country, 2011, 2016, 2021, 2026, &2031
- Demographic Trends
- Table | Global Population by Region & Country, 2011, 2016, 2021, 2026, &2031
- Economic Environment
- Scope
What is a key factor in the outlook for farm tractor purchases?
Changes in farm income (and the value of agricultural products sold) are a key factor in the outlook for farm tractor purchases, especially for farmers that are unable to finance large purchases.
What is the global market size forecast for farm tractors?
Worldwide demand for farm tractors is forecast to grow 7.0% per year to $77.8 billion in 2026.
Which type of tractor accounts for the majority of farm tractor sales?
In value terms, wheeled tractors account for the vast majority of farm tractor sales.
Who are the leading suppliers of agricultural tractors?
In 2021, the leading suppliers of agricultural tractors were (in descending order) Deere (US), CNH Industrial (UK), Kubota (Japan), AGCO (US), CLAAS (Germany), and Mahindra (India).
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