United States (US) Agricultural Tractors Market (2020-2026) | Share, Size, Trends, Revenue, Growth, Value, Analysis, Segmentation, Industry, Outlook & COVID-19 IMPACT

US Agricultural Tractors Market | Country-Wise Share and Competition Analysis

In the year 2021, Japan was the largest exporter in terms of value, followed by Korea. It has registered a growth of 29.01% over the previous year. While Korea registered a growth of 57.83% over the previous year. While in 2017 Japan was the largest exporter followed by Korea. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, the USA has a Herfindahl index of 1599 in 2017 which signifies moderately concentrated while in 2021 it registered a Herfindahl index of  2092 which signifies moderately concentrated in the market

US Agricultural Tractors Market - Export Market Opportunities

Topics Covered in the United States (US) Agricultural Tractors Market

United States (US) Agricultural Tractors Market report thoroughly covers the market by drive type, by system type, by design type, by power output, and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Latest (2023) Developments of the United States (US) Agricultural Tractors Market

United States (US) Agricultural Tractors Market is estimated to register sound growth in the coming years underpinned by the rising technological advancement which is widening the product portfolio for better agricultural operations. Furthermore, the rapidly growing population in the country is resulting in an increase in the food demand, for which farmers are now emphasizing increasing productivity while minimizing costs, and this has increased demand for advanced agricultural equipment including tractors. Also, many key giants are investing heavily in R&D with the purpose to enhance tractor's performance and ensure optimized agriculture performance, this is estimated to open up the corridors for the growth of the United States (US) Agricultural Tractors industry in the upcoming years.

United States (US) Agricultural Tractors Market Synopsis

United States (US) Agricultural Tractors Market is estimated to surge in the country owing to the rising agricultural food products demand owing to the growing population, rising demand for advanced technologies in farming activities, and government initiatives promoting and supporting the agriculture sector in the country. However, environmental concerns have stimulated manufacturers to develop more sustainable tractors with low fuel consumption rates, leading to less carbon emission rates. In response to this challenge, the market is still growing rapidly with the growing precision farming practice.

According to 6Wresearch, the United States (US) Agricultural Tractors Market size is estimated to secure a tremendous growth rate during 2020-2026. The market is driven by the rising farm sizes with the growing food demand from the growing population. Additionally, the rising technological advancement in tractors, as many companies are investing in upgrading tractors for better performance in farms is estimated to create a favorable impact on the market demand in the coming years. Furthermore, precision farming techniques have gained popularity in recent years, which enable farmers to optimize their resources efficiently is an ongoing trend estimated to bolster the United States Agricultural Tractors Market share in the estimated years in the country.

COVID-19 Impact on the United States (US) Agricultural Tractors Market

The COVID-19 pandemic had significantly affected the United States (US) Agricultural Tractors Market. the continued demand for agricultural food products in the country resulted in the continues agriculture practice, nevertheless, still the market declined as many preventive measures imposed by the government especially, trade restrictions and financial constraints on farmers had resulted in no spending on the purchase of new tractors, only existing tractors were in operations. Hence, the market resulted in a major decline during the COVID-19 phase.

Key players in the United States (US) Agricultural Tractors Market

The United States (US) Agricultural Tractors Market has intense competition in the market, where some companies have gained a strong presence by providing top-notch quality agricultural equipment, including tractors.

• AGCO Corporation 
• Mahindra USA Inc.
• Kubota Corporation
• Caterpillar Inc.
• Claas KGaA mbH
• CNH Industrial America LLC
• John Deere

Market Analysis by Drive Types

Based on the drive types, Four-wheel drive tractors bolster the United States Agricultural Tractors Market growth owing to their benefits such as stability, and power, and are highly suitable for terrains and heavy-duty practices.

Market Analysis by System Type

Based on the system types, front loaders are estimated to gain traction in the country due to their versatility and increase functionality of agricultural tractors. Front-loaders enable farmers to perform a range of agricultural tasks such as moving heavy materials and clearing debris.

Market Analysis by Design Type

According to Nitesh Kumar, Research Manager, 6Wresearch, tractors with CAB are dominating the market on the back of their enhanced operating system that provides safety and comfort, reduces fatigue, and improves productivity. Also, these tractors are integrated with advanced technologies including, heating and ergonomic seating which improves efficiency.

Market Analysis by Application

Based on the application, Row crop tractors are estimated to hold the largest market share in the country underpinned by their which are used commonly to perform various agricultural operations such as planting, fertilizing, and harvesting operations in row-crop fields.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• United States (US) Agricultural Tractors Market Outlook
• Market Size of United States (US) Agricultural Tractors Market, 2019
• Forecast of United States (US) Agricultural Tractors Market, 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Revenues & Volume for the Period 2016 - 2026
• United States (US) Agricultural Tractors Market Trend Evolution
• United States (US) Agricultural Tractors Market Drivers and Challenges
• United States (US) Agricultural Tractors Price Trends
• United States (US) Agricultural Tractors Porter's Five Forces
• United States (US) Agricultural Tractors Industry Life Cycle
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Drive Type for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Two-wheel drive for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Four-wheel drive for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By System Type for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Without loaders for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Front loaders for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Backhoe loaders for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Design Type for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Tractor without CAB for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Tractor with CAB for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Power Output for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By <30 hp for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By 31-100 hp for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By 101-200 hp for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By 201-300 hp for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By >300 hp for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Row Crop Tractors for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Orchard Tractors for the Period 2016 - 2026
• Historical Data and Forecast of United States (US) Agricultural Tractors Market Revenues & Volume By Other Applications for the Period 2016 - 2026
• United States (US) Agricultural Tractors Import Export Trade Statistics
• Market Opportunity Assessment By Drive Type
• Market Opportunity Assessment By System Type
• Market Opportunity Assessment By Design Type
• Market Opportunity Assessment By Power Output
• Market Opportunity Assessment By Applications
• United States (US) Agricultural Tractors Top Companies Market Share
• United States (US) Agricultural Tractors Competitive Benchmarking By Technical and Operational Parameters
• United States (US) Agricultural Tractors Company Profiles
• United States (US) Agricultural Tractors Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Drive Type

• Two-Wheel Drive
• Four-Wheel Drive

By System Type

• Without Loaders
• Front Loaders
• Backhoe Loaders

By Design Type

• Tractor Without CAB
• Tractor With CAB

By Power Output

• <30 Hp
• 31-100 Hp
• 101-200 Hp
• 201-300 Hp
• >300 Hp

By Applications

• Row Crop Tractors
• Orchard Tractors
• Other Applications

United States (US) Agricultural Tractors Market: FAQs