What are the expected units to be sold in the Australian tractors market by 2028?

Around 23,021 are the expected units to be sold in the Australia tractor market by 2028.

Australia is implementing the concept of precision agriculture to increase productivity. Precision farming is a management concept under which crops are grown according to the specifications of the soil. The focus on agricultural mechanization in developing countries will increase the demand for tractors and the growing sense of accuracy in farming for technologically advanced tractors in Australia.

Tractors in the power range of 50-100 HP are likely to be the largest contributors to the growth of the tractor industry in Australia. Some of the factors favoring the sale of tractors in the 50-100 HP range:
› Versatility
› Presence of hard soil in major regions
› The increased purchasing power of farmers due to better MSP and crop realization

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The Australian agriculture landscape can be divided into seven regions or territories for a better understanding of farming practices and requirements. This is done to gain valuable and actionable insights regarding the demand projections in several regions of Australia.

Currently, the Australian tractor market is in a growing stage, and manufacturers are seeking capacity augmentation in the country. The Victoria and South Australia regions of the country still have negligible farm mechanization. Vendors can explore these regions with a portfolio of small tractors that are suitable for the hilly terrain of the region.

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Key Vendors
John Deere
AGCO
CNH Industrial
Kubota

Other Prominent Vendors
Iseki
Deutz-Fahr
Mahindra & Mahindra
CLAAS Group
JCB
Kioti

Segmentation by Horsepower
Less Than 50 HP
50-100 HP
Above 100 HP

Segmentation by Drive Type
2-Wheel-Drive
4-Wheel-Drive

Segmentation by Regions
Australia
Northern Territory
New South Wales
Victoria
Tasmania
Queensland
Western Australia
South Australia

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