Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Forestry and Agricultural Tractor Market by Type (By Drive Type, 4WD, 2WD, By Power, Below 10 KW, 10-30 KW, 30-50KW, Above 50 KW), By Application (Agricultural, Forestry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Forestry and Agricultural Tractor Market by Type (By Drive Type, 4WD, 2WD, By Power, Below 10 KW, 10-30 KW, 30-50KW, Above 50 KW), By Application (Agricultural, Forestry) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 131065 3300 Agriculture 377 238 Pages 4.5 (39)

Market Overview:

The global forestry and agricultural tractor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as the increasing demand for food owing to the growing population, rising disposable income, and technological advancements in agriculture sector. Based on type, the global forestry and agricultural tractor market is segmented into four categories: by drive type (4WD, 2WD), by power (below 10 kW, 10-30 kW, 30-50 kW), by application (agricultural tractors, forestry tractors), and by region (North America, Latin America Europe Asia Pacific Middle East & Africa). Among these segments 4WD segment is projected to witness highest growth rate during forecast period due its ability of handling difficult terrains with ease.

Global Forestry and Agricultural Tractor Industry Outlook

Product Definition:

Forestry and Agricultural Tractor is a machine that is used for pulling or pushing heavy objects. It is also used for hauling materials.

By Drive Type:

By drive type, we mean the different power sources used to propel the vehicle. The agricultural tractor market is driven by fuel-driven and electric tractors. The global demand for these vehicles has witnessed a significant rise in recent years owing to increasing mechanization of farming across the globe.

The major factors driving this industry are technological advancements, rising food demand globally and focus on high crop productivity per unit area which can be achieved with modern techniques such as precision agriculture using GPS technology.


4WD is a form of drive train that uses all four wheels to transmit power to the driven vehicle. It's major use in forestry and agricultural tractor market is for carrying heavy loads at low speed over difficult terrain. 4WD can also be used on roads, but it requires careful driving as it increases chances of rollover.

Application Insights:

The application segment includes agricultural and forestry. In 2017, the agricultural tractors accounted for a major share in the global market and are expected to continue their dominance over the forecast period. The rising population coupled with increasing demand for food crops is anticipated to drive this segment over the forecast period.

The demand for wood products is also likely to propel industry growth during this period as forests have now become an important part of economies across all regions of the world including Europe, North America, Asia Pacific etc. Growing urbanization has led people to rediscover nature¢â‚¬â„¢s beauty through outdoor activities such as hiking etc., which will further boost product demand in near future years (2030).

Regional Analysis:

Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization, urbanization, and agricultural modernization. Moreover, increasing government initiatives for promoting tractor sales in rural areas are anticipated to propel industry growth over the next eight years.

Europe accounted for a significant share of revenue in 2017 owing to high demand from countries such as Russia and Germany that heavily rely on agriculture activities for their economic survival. However, sluggish growth rates experienced by tractors used primarily for forestry applications may hamper regional market development during the forecast period.

The North America market is projected to witness considerable gains due to rising awareness regarding tractor use among farmers as well as foresters who have started adopting these vehicles owing to their superior performance compared with other conventional equipment such as mules and horses used traditionally up until now.

Growth Factors:

  • Increasing demand for food owing to the growing population
  • Rising disposable income of consumers in developing countries
  • Technological advancements in agricultural tractor industry
  • Government initiatives to promote the use of agricultural tractors
  • Growing awareness about the benefits of using agricultural tractors

Scope Of The Report

Report Attributes

Report Details

Report Title

Forestry and Agricultural Tractor Market Research Report

By Type

By Drive Type, 4WD, 2WD, By Power, Below 10 KW, 10-30 KW, 30-50KW, Above 50 KW

By Application

Agricultural, Forestry

By Companies

Deere, New Holland, Kubota, Mahindra, Kioti, CHALLENGER, Claas, CASEIH, JCB, AgriArgo, Same Deutz-Fahr, V.S.T Tillers, BCS, Zetor, Tractors and Farm Equipment Limited, Indofarm Tractors, Sonalika International, YTO Group, LOVOL, Zoomlion, Shifeng, Dongfeng Farm, Wuzheng, Jinma, Balwan Tractors (Force Motors Ltd.)

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Forestry and Agricultural Tractor Market Report Segments:

The global Forestry and Agricultural Tractor market is segmented on the basis of:


By Drive Type, 4WD, 2WD, By Power, Below 10 KW, 10-30 KW, 30-50KW, Above 50 KW

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Agricultural, Forestry

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Deere
  2. New Holland
  3. Kubota
  4. Mahindra
  5. Kioti
  7. Claas
  9. JCB
  10. AgriArgo
  11. Same Deutz-Fahr
  12. V.S.T Tillers
  13. BCS
  14. Zetor
  15. Tractors and Farm Equipment Limited
  16. Indofarm Tractors
  17. Sonalika International
  18. YTO Group
  19. LOVOL
  20. Zoomlion
  21. Shifeng
  22. Dongfeng Farm
  23. Wuzheng
  24. Jinma
  25. Balwan Tractors (Force Motors Ltd.)

Global Forestry and Agricultural Tractor Market Overview

Highlights of The Forestry and Agricultural Tractor Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of Alpha Hydroxy Acid for Cosmetic Market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. By Drive Type
    2. 4WD
    3. 2WD
    4. By Power
    5. Below 10 KW
    6. 10-30 KW
    7. 30-50KW
    8. Above 50 KW
  1. By Application:

    1. Agricultural
    2. Forestry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Forestry and Agricultural Tractor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Forestry and Agricultural Tractor Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Forestry and Agricultural Tractor Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Forestry and Agricultural Tractor Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Forestry and Agricultural Tractor Market - Supply Chain
   4.5. Global Forestry and Agricultural Tractor Market Forecast
      4.5.1. Forestry and Agricultural Tractor Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Forestry and Agricultural Tractor Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Forestry and Agricultural Tractor Market Absolute $ Opportunity

5. Global Forestry and Agricultural Tractor Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      5.3.1. By Drive Type
      5.3.2. 4WD
      5.3.3. 2WD
      5.3.4. By Power
      5.3.5. Below 10 KW
      5.3.6. 10-30 KW
      5.3.7. 30-50KW
      5.3.8. Above 50 KW
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Forestry and Agricultural Tractor Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      6.3.1. Agricultural
      6.3.2. Forestry
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Forestry and Agricultural Tractor Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Forestry and Agricultural Tractor Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Forestry and Agricultural Tractor Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Forestry and Agricultural Tractor Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Forestry and Agricultural Tractor Demand Share Forecast, 2019-2029

9. North America Forestry and Agricultural Tractor Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Forestry and Agricultural Tractor Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      9.4.1. Agricultural
      9.4.2. Forestry
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      9.7.1. By Drive Type
      9.7.2. 4WD
      9.7.3. 2WD
      9.7.4. By Power
      9.7.5. Below 10 KW
      9.7.6. 10-30 KW
      9.7.7. 30-50KW
      9.7.8. Above 50 KW
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Forestry and Agricultural Tractor Demand Share Forecast, 2019-2029

10. Latin America Forestry and Agricultural Tractor Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Forestry and Agricultural Tractor Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      10.4.1. Agricultural
      10.4.2. Forestry
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      10.7.1. By Drive Type
      10.7.2. 4WD
      10.7.3. 2WD
      10.7.4. By Power
      10.7.5. Below 10 KW
      10.7.6. 10-30 KW
      10.7.7. 30-50KW
      10.7.8. Above 50 KW
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Forestry and Agricultural Tractor Demand Share Forecast, 2019-2029

11. Europe Forestry and Agricultural Tractor Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Forestry and Agricultural Tractor Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      11.4.1. Agricultural
      11.4.2. Forestry
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      11.7.1. By Drive Type
      11.7.2. 4WD
      11.7.3. 2WD
      11.7.4. By ower
      11.7.5. Below 10 KW
      11.7.6. 10-30 KW
      11.7.7. 30-50KW
      11.7.8. Above 50 KW
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Forestry and Agricultural Tractor Demand Share, 2019-2029

12. Asia Pacific Forestry and Agricultural Tractor Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Forestry and Agricultural Tractor Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      12.4.1. Agricultural
      12.4.2. Forestry
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      12.7.1. By Drive Type
      12.7.2. 4WD
      12.7.3. 2WD
      12.7.4. By Power
      12.7.5. Below 10 KW
      12.7.6. 10-30 KW
      12.7.7. 30-50KW
      12.7.8. Above 50 KW
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Forestry and Agricultural Tractor Demand Share, 2019-2029

13. Middle East & Africa Forestry and Agricultural Tractor Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Forestry and Agricultural Tractor Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Forestry and Agricultural Tractor Market Size and Volume Forecast by Application
      13.4.1. Agricultural
      13.4.2. Forestry
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Forestry and Agricultural Tractor Market Size and Volume Forecast by Type
      13.7.1. By Drive Type
      13.7.2. 4WD
      13.7.3. 2WD
      13.7.4. By Power
      13.7.5. Below 10 KW
      13.7.6. 10-30 KW
      13.7.7. 30-50KW
      13.7.8. Above 50 KW
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Forestry and Agricultural Tractor Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Forestry and Agricultural Tractor Market: Market Share Analysis
   14.2. Forestry and Agricultural Tractor Distributors and Customers
   14.3. Forestry and Agricultural Tractor Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Deere Overview Financials Developments Strategic Outlook
      14.4.2. New Holland Overview Financials Developments Strategic Outlook
      14.4.3. Kubota Overview Financials Developments Strategic Outlook
      14.4.4. Mahindra Overview Financials Developments Strategic Outlook
      14.4.5. Kioti Overview Financials Developments Strategic Outlook
      14.4.6. CHALLENGER Overview Financials Developments Strategic Outlook
      14.4.7. Claas Overview Financials Developments Strategic Outlook
      14.4.8. CASEIH Overview Financials Developments Strategic Outlook
      14.4.9. JCB Overview Financials Developments Strategic Outlook
      14.4.10. AgriArgo Overview Financials Developments Strategic Outlook
      14.4.11. Same Deutz-Fahr Overview Financials Developments Strategic Outlook
      14.4.12. V.S.T Tillers Overview Financials Developments Strategic Outlook
      14.4.13. BCS Overview Financials Developments Strategic Outlook
      14.4.14. Zetor Overview Financials Developments Strategic Outlook
      14.4.15. Tractors and Farm Equipment Limited Overview Financials Developments Strategic Outlook
      14.4.16. Indofarm Tractors Overview Financials Developments Strategic Outlook
      14.4.17. Sonalika International Overview Financials Developments Strategic Outlook
      14.4.18. YTO Group Overview Financials Developments Strategic Outlook
      14.4.19. LOVOL Overview Financials Developments Strategic Outlook
      14.4.20. Zoomlion Overview Financials Developments Strategic Outlook

Our Trusted Clients

Contact Us