US Agricultural Tractors Market

ID: MRFR/AT/16711-HCR
100 Pages
Shubham Munde
Last Updated: April 06, 2026
US Agricultural Tractors Market Research Report By Type (Two-Wheel Drive Tractors, Four-Wheel Drive Tractors, Compact Tractors, Specialty Tractors), By Application (Plowing, Tilling, Harvesting, Hauling, Row Crop), By Engine Type (Internal Combustion Engine, Electric Engine, Hybrid Engine) and By Horsepower (Less than 40 HP, 40-100 HP, Above 100 HP) - Forecast to 2035
US Agricultural Tractors Market
Market Size
Forecast Period2025 - 2035
CAGR (2025 - 2035)3.19%
2024 Market Size$ 10.2 Billion
2025 Market Size$ 10.53 Billion
2035 Market Size$ 14.4 Billion
Key Players
John Deere
CNH Industrial
AGCO Corporation
Kubota Corporation
Mahindra & Mahindra
Yanmar Co Ltd
Trends
  • Technological Advancements
  • Sustainability Focus
  • Smart Farming Integration
Opportunities
  • Rising Labor Costs
  • Government Support and Subsidies
  • Rising Demand for Food Production
Summary Table of Contents Segmentation Download PDF
  1. 1 SECTION I: EXECUTIVE SUMMARY AND KEY HIGHLIGHTS
    1. 1.1 EXECUTIVE SUMMARY
      1. 1.1.1 Market Overview
      2. 1.1.2 Key Findings
      3. 1.1.3 Market Segmentation
      4. 1.1.4 Competitive Landscape
      5. 1.1.5 Challenges and Opportunities
      6. 1.1.6 Future Outlook
  2. 2 SECTION II: SCOPING, METHODOLOGY AND MARKET STRUCTURE
    1. 2.1 MARKET INTRODUCTION
      1. 2.1.1 Definition
      2. 2.1.2 Scope of the study
        1. 2.1.2.1 Research Objective
        2. 2.1.2.2 Assumption
        3. 2.1.2.3 Limitations
    2. 2.2 RESEARCH METHODOLOGY
      1. 2.2.1 Overview
      2. 2.2.2 Data Mining
      3. 2.2.3 Secondary Research
      4. 2.2.4 Primary Research
        1. 2.2.4.1 Primary Interviews and Information Gathering Process
        2. 2.2.4.2 Breakdown of Primary Respondents
      5. 2.2.5 Forecasting Model
      6. 2.2.6 Market Size Estimation
        1. 2.2.6.1 Bottom-Up Approach
        2. 2.2.6.2 Top-Down Approach
      7. 2.2.7 Data Triangulation
      8. 2.2.8 Validation
  3. 3 SECTION III: QUALITATIVE ANALYSIS
    1. 3.1 MARKET DYNAMICS
      1. 3.1.1 Overview
      2. 3.1.2 Drivers
      3. 3.1.3 Restraints
      4. 3.1.4 Opportunities
    2. 3.2 MARKET FACTOR ANALYSIS
      1. 3.2.1 Value chain Analysis
      2. 3.2.2 Porter's Five Forces Analysis
        1. 3.2.2.1 Bargaining Power of Suppliers
        2. 3.2.2.2 Bargaining Power of Buyers
        3. 3.2.2.3 Threat of New Entrants
        4. 3.2.2.4 Threat of Substitutes
        5. 3.2.2.5 Intensity of Rivalry
      3. 3.2.3 COVID-19 Impact Analysis
        1. 3.2.3.1 Market Impact Analysis
        2. 3.2.3.2 Regional Impact
        3. 3.2.3.3 Opportunity and Threat Analysis
  4. 4 SECTION IV: QUANTITATIVE ANALYSIS
    1. 4.1 Automobile, BY Type (USD Billion)
      1. 4.1.1 Two-Wheel Drive Tractors
      2. 4.1.2 Four-Wheel Drive Tractors
      3. 4.1.3 Compact Tractors
      4. 4.1.4 Specialty Tractors
    2. 4.2 Automobile, BY Application (USD Billion)
      1. 4.2.1 Plowing
      2. 4.2.2 Tilling
      3. 4.2.3 Harvesting
      4. 4.2.4 Hauling
      5. 4.2.5 Row Crop
    3. 4.3 Automobile, BY Engine Type (USD Billion)
      1. 4.3.1 Internal Combustion Engine
      2. 4.3.2 Electric Engine
      3. 4.3.3 Hybrid Engine
    4. 4.4 Automobile, BY Horsepower (USD Billion)
      1. 4.4.1 Less than 40 HP
      2. 4.4.2 40-100 HP
      3. 4.4.3 Above 100 HP
  5. 5 SECTION V: COMPETITIVE ANALYSIS
    1. 5.1 Competitive Landscape
      1. 5.1.1 Overview
      2. 5.1.2 Competitive Analysis
      3. 5.1.3 Market share Analysis
      4. 5.1.4 Major Growth Strategy in the Automobile
      5. 5.1.5 Competitive Benchmarking
      6. 5.1.6 Leading Players in Terms of Number of Developments in the Automobile
      7. 5.1.7 Key developments and growth strategies
        1. 5.1.7.1 New Product Launch/Service Deployment
        2. 5.1.7.2 Merger & Acquisitions
        3. 5.1.7.3 Joint Ventures
      8. 5.1.8 Major Players Financial Matrix
        1. 5.1.8.1 Sales and Operating Income
        2. 5.1.8.2 Major Players R&D Expenditure. 2023
    2. 5.2 Company Profiles
      1. 5.2.1 John Deere (US)
        1. 5.2.1.1 Financial Overview
        2. 5.2.1.2 Products Offered
        3. 5.2.1.3 Key Developments
        4. 5.2.1.4 SWOT Analysis
        5. 5.2.1.5 Key Strategies
      2. 5.2.2 CNH Industrial (GB)
        1. 5.2.2.1 Financial Overview
        2. 5.2.2.2 Products Offered
        3. 5.2.2.3 Key Developments
        4. 5.2.2.4 SWOT Analysis
        5. 5.2.2.5 Key Strategies
      3. 5.2.3 AGCO Corporation (US)
        1. 5.2.3.1 Financial Overview
        2. 5.2.3.2 Products Offered
        3. 5.2.3.3 Key Developments
        4. 5.2.3.4 SWOT Analysis
        5. 5.2.3.5 Key Strategies
      4. 5.2.4 Kubota Corporation (JP)
        1. 5.2.4.1 Financial Overview
        2. 5.2.4.2 Products Offered
        3. 5.2.4.3 Key Developments
        4. 5.2.4.4 SWOT Analysis
        5. 5.2.4.5 Key Strategies
      5. 5.2.5 Mahindra & Mahindra (IN)
        1. 5.2.5.1 Financial Overview
        2. 5.2.5.2 Products Offered
        3. 5.2.5.3 Key Developments
        4. 5.2.5.4 SWOT Analysis
        5. 5.2.5.5 Key Strategies
      6. 5.2.6 Yanmar Co Ltd (JP)
        1. 5.2.6.1 Financial Overview
        2. 5.2.6.2 Products Offered
        3. 5.2.6.3 Key Developments
        4. 5.2.6.4 SWOT Analysis
        5. 5.2.6.5 Key Strategies
      7. 5.2.7 SDF Group (IT)
        1. 5.2.7.1 Financial Overview
        2. 5.2.7.2 Products Offered
        3. 5.2.7.3 Key Developments
        4. 5.2.7.4 SWOT Analysis
        5. 5.2.7.5 Key Strategies
      8. 5.2.8 Deutz-Fahr (DE)
        1. 5.2.8.1 Financial Overview
        2. 5.2.8.2 Products Offered
        3. 5.2.8.3 Key Developments
        4. 5.2.8.4 SWOT Analysis
        5. 5.2.8.5 Key Strategies
      9. 5.2.9 Tafe (IN)
        1. 5.2.9.1 Financial Overview
        2. 5.2.9.2 Products Offered
        3. 5.2.9.3 Key Developments
        4. 5.2.9.4 SWOT Analysis
        5. 5.2.9.5 Key Strategies
    3. 5.3 Appendix
      1. 5.3.1 References
      2. 5.3.2 Related Reports
  6. 6 LIST OF FIGURES
    1. 6.1 MARKET SYNOPSIS
    2. 6.2 US MARKET ANALYSIS BY TYPE
    3. 6.3 US MARKET ANALYSIS BY APPLICATION
    4. 6.4 US MARKET ANALYSIS BY ENGINE TYPE
    5. 6.5 US MARKET ANALYSIS BY HORSEPOWER
    6. 6.6 KEY BUYING CRITERIA OF AUTOMOBILE
    7. 6.7 RESEARCH PROCESS OF MRFR
    8. 6.8 DRO ANALYSIS OF AUTOMOBILE
    9. 6.9 DRIVERS IMPACT ANALYSIS: AUTOMOBILE
    10. 6.10 RESTRAINTS IMPACT ANALYSIS: AUTOMOBILE
    11. 6.11 SUPPLY / VALUE CHAIN: AUTOMOBILE
    12. 6.12 AUTOMOBILE, BY TYPE, 2024 (% SHARE)
    13. 6.13 AUTOMOBILE, BY TYPE, 2024 TO 2035 (USD Billion)
    14. 6.14 AUTOMOBILE, BY APPLICATION, 2024 (% SHARE)
    15. 6.15 AUTOMOBILE, BY APPLICATION, 2024 TO 2035 (USD Billion)
    16. 6.16 AUTOMOBILE, BY ENGINE TYPE, 2024 (% SHARE)
    17. 6.17 AUTOMOBILE, BY ENGINE TYPE, 2024 TO 2035 (USD Billion)
    18. 6.18 AUTOMOBILE, BY HORSEPOWER, 2024 (% SHARE)
    19. 6.19 AUTOMOBILE, BY HORSEPOWER, 2024 TO 2035 (USD Billion)
    20. 6.20 BENCHMARKING OF MAJOR COMPETITORS
  7. 7 LIST OF TABLES
    1. 7.1 LIST OF ASSUMPTIONS
  8. 7.1.1
    1. 7.2 US MARKET SIZE ESTIMATES; FORECAST
      1. 7.2.1 BY TYPE, 2025-2035 (USD Billion)
      2. 7.2.2 BY APPLICATION, 2025-2035 (USD Billion)
      3. 7.2.3 BY ENGINE TYPE, 2025-2035 (USD Billion)
      4. 7.2.4 BY HORSEPOWER, 2025-2035 (USD Billion)
    2. 7.3 PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
  9. 7.3.1
    1. 7.4 ACQUISITION/PARTNERSHIP
  10. 7.4.1

US Agricultural Tractors Market Segmentation

US Agricultural Tractors Market By Type (USD Billion, 2025-2035)

  • Two-Wheel Drive Tractors
  • Four-Wheel Drive Tractors
  • Compact Tractors
  • Specialty Tractors

US Agricultural Tractors Market By Application (USD Billion, 2025-2035)

  • Plowing
  • Tilling
  • Harvesting
  • Hauling
  • Row Crop

US Agricultural Tractors Market By Engine Type (USD Billion, 2025-2035)

  • Internal Combustion Engine
  • Electric Engine
  • Hybrid Engine

US Agricultural Tractors Market By Horsepower (USD Billion, 2025-2035)

  • Less than 40 HP
  • 40-100 HP
  • Above 100 HP

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