Wheeled Tractor Machinery Market: By Tractor Design (Two Wheeled Tractors and Four Wheeled Tractors), By Tractor Type (Rotary Tillers, Row Crop Tractors, Implement Carrier, Utility Tractors, Industrial Tractor, Earth Moving Tractor, Garden Tractor, Orchard Type Tractor) and Geography  

Purchase Option

$ 3000
$ 4400
$ 6600
$ 8900

Wheeled Tractor Machinery Market size was valued at USD 58.32 billion in 2022 and is poised to grow at a CAGR of 5.9% from 2023-2029. Wheeled tractors are the vehicles used in agriculture farming, to deliver high torque at low speeds. These tractors are commonly used in agriculture farming and outside farming for other purposes such as gardening. Tractors provide traction and power to agriculture works especially for tillage. Agriculture usage of tractors is the largest segment in the sector. These are commonly used to improve the efficiency of work by reducing time. Different types of wheeled tractor machinery are used for different purposes such as seeding, cutting, harvesting, planting, and tillage among others. In March 2017, Mahindra & Mahindra announced that the company expanding international play for its farm machinery and tractor business, to earn 50% of revenue from overseas markets in the next two years.  

Wheeled Tractor Machinery Market Summary

Study Period


Base Year




Largest Market

North America

Fastest Growing Market

Asia Pacific
Wheeled Tractor Machinery Market Dynamics

Rise in demand from emerging countries for tractor machinery, increase in government support such as subsidies on purchase of tractor machinery, grow in agriculture farming, and rise in consumption of food due to increase in population are anticipated to fuel the global wheeled tractor machinery market. Moreover, technological advancements in tractor machinery, wide range of applications in agriculture sector, and increase in work efficiency with less time propel the growth of the market over the forecast period. However, high cost of machinery and some of wheeled tractors cannot be used on rough lands are expected to restrain the growth of the market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Wheeled Tractor Machinery Market Segmentation

By Tractor Design
  • Two-wheeled tractors
  • Four-wheeled tractors
By Tractor Type
  • Rotary tillers
  • Row crop tractors
  • Implement carrier
  • Utility tractors
  • Industrial tractor
  • Earthmoving tractor
  • Garden tractor
  • Orchard type tractor
By Geography
  • North America,
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East and Africa

Frequently Asked Questions

The Wheeled Tractor Machinery Market size was valued at USD 58.32 billion in 2022

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

Deere & Company (U.S.) Mahindra & Mahindra Ltd. (India) CNH Industrial (U.S.) Caterpillar (U.S.) Escorts Group (India) Deutz-Fahr Deutschland GmbH (Germany) CLASS KGaA mbH (Germany)

  • Deere & Company (U.S.)
  • Mahindra & Mahindra Ltd. (India)
  • CNH Industrial (U.S.)
  • Caterpillar (U.S.)
  • Escorts Group (India)
  • Deutz-Fahr Deutschland GmbH (Germany)
  • CLASS KGaA mbH (Germany)
  • AGCO Corporation (U.S.)
  • Kubota Corporation (Japan)
  • Mitsubishi Agriculture Machinery Co. Ltd. (Mitsubishi Heavy Industries, Ltd.) (Japan)