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  

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Wheeled Tractor Machinery Market size was valued at USD 58.32 billion in 2023 and is poised to grow at a CAGR of 5.9% from 2024-2030. 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

2024-2030

Base Year

2023

CAGR

5.9%

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.

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 2023

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)

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • 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 start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
1.Executive Summary
2.Global Wheeled Tractor Machinery Market Introduction 
2.1.Global Wheeled Tractor Machinery Market  - Taxonomy
2.2.Global Wheeled Tractor Machinery Market  - Definitions
2.2.1. By Tractor Design
2.2.2. By Tractor Type
2.2.3. By Region
3.Global Wheeled Tractor Machinery Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Wheeled Tractor Machinery Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Wheeled Tractor Machinery Market  By Tractor Design, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Two-wheeled Tractors
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Four-wheeled Tractors
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
6.Global Wheeled Tractor Machinery Market  By Tractor Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Rotary tillers
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Row crop tractors
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Implement carrier
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
6.4. Utility tractors
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.4.3. Market Opportunity Analysis 
6.5. Industrial tractor
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.5.3. Market Opportunity Analysis 
6.6. Earthmoving tractor
6.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.6.3. Market Opportunity Analysis 
6.7. Garden tractor
6.7.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.7.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.7.3. Market Opportunity Analysis 
6.8. Orchard type tractor
6.8.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.8.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.8.3. Market Opportunity Analysis 
7.Global Wheeled Tractor Machinery Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Wheeled Tractor Machinery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Tractor Design Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Two-wheeled Tractors
8.1.2.Four-wheeled Tractors
8.2.  Tractor Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Rotary tillers
8.2.2.Row crop tractors
8.2.3.Implement carrier
8.2.4.Utility tractors
8.2.5.Industrial tractor
8.2.6.Earthmoving tractor
8.2.7.Garden tractor
8.2.8.Orchard type tractor
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Wheeled Tractor Machinery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Tractor Design Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Two-wheeled Tractors
9.1.2.Four-wheeled Tractors
9.2.  Tractor Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Rotary tillers
9.2.2.Row crop tractors
9.2.3.Implement carrier
9.2.4.Utility tractors
9.2.5.Industrial tractor
9.2.6.Earthmoving tractor
9.2.7.Garden tractor
9.2.8.Orchard type tractor
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
10.Asia Pacific (APAC) Wheeled Tractor Machinery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Tractor Design Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Two-wheeled Tractors
10.1.2.Four-wheeled Tractors
10.2.  Tractor Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Rotary tillers
10.2.2.Row crop tractors
10.2.3.Implement carrier
10.2.4.Utility tractors
10.2.5.Industrial tractor
10.2.6.Earthmoving tractor
10.2.7.Garden tractor
10.2.8.Orchard type tractor
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Wheeled Tractor Machinery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Tractor Design Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Two-wheeled Tractors
11.1.2.Four-wheeled Tractors
11.2.  Tractor Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Rotary tillers
11.2.2.Row crop tractors
11.2.3.Implement carrier
11.2.4.Utility tractors
11.2.5.Industrial tractor
11.2.6.Earthmoving tractor
11.2.7.Garden tractor
11.2.8.Orchard type tractor
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Wheeled Tractor Machinery Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Tractor Design Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Two-wheeled Tractors
12.1.2.Four-wheeled Tractors
12.2.  Tractor Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Rotary tillers
12.2.2.Row crop tractors
12.2.3.Implement carrier
12.2.4.Utility tractors
12.2.5.Industrial tractor
12.2.6.Earthmoving tractor
12.2.7.Garden tractor
12.2.8.Orchard type tractor
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Deere & Company (U.S.)
13.2.2.Mahindra & Mahindra Ltd. (India)
13.2.3.CNH Industrial (U.S.)
13.2.4.Caterpillar (U.S.)
13.2.5.Escorts Group (India)
13.2.6.Deutz-Fahr Deutschland GmbH (Germany)
13.2.7.CLASS KGaA mbH (Germany)
13.2.8.AGCO Corporation (U.S.)
13.2.9.Kubota Corporation (Japan)
13.2.10.Mitsubishi Agriculture Machinery Co. Ltd.
14. Research Methodology 
15. Appendix and Abbreviations 
  • 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)

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