Press release
Australia Tractors Market Sales to Hit $11.37 Thousand Units by 2030 - Shift Towards Alternative Fuels Creating Lucrative Opportunities - Arizton
Looking for More Information? Click: https://www.arizton.com/market-reports/australia-tractors-market
Report Scope:
Market Size - Volume (2030): 11.37 Thousand Units
Market Size - Volume (2024): 10.25 Thousand Units
CAGR (2024-2030): 1.74%
Historic Year:2021-2023
Base Year: 2024
Forecast Year: 2025-2030
Market Segmentation: Horsepower, Drive Type, and Geography
Australia Agriculture Tractor Market: Shift Towards Alternative Fuels
The Australian agriculture tractor market is experiencing a shift towards alternative fuel-powered tractors, driven by the volatility of diesel prices and the need for more sustainable options. While diesel-powered tractors have traditionally been the go-to choice for their power, the rising cost of diesel affects farmers' budgets. As a result, manufacturers are exploring tractors powered by liquefied natural gas (LNG), compressed natural gas (CNG), propane, and hydrogen. The demand for hydrogen-powered tractors is particularly growing, with initiatives aiming to support net-zero emissions. In 2024, New Holland introduced the T7 series LNG tractor and the T6 Methane Power CNG tractor, marking early steps toward non-conventional fuel tractors in Australia. Additionally, a hydrogen fuel tractor is set to debut in mid-2024, as part of a sustainable agriculture research initiative. These developments signify a move toward more sustainable, cost-effective farming practices in Australia.
2WD tractors Gaining Traction in the Australia Agricultural Tractors Market
The 2WD tractors, commonly used for agricultural tasks such as sowing seeds, spraying fertilizers, and cutting hay, remain a popular choice among farmers in Australia. They are ideal for medium-scale farming operations, particularly in regions like Queensland and New South Wales, where farm sizes average around 500 ha. These tractors are preferred for their ease of driving, maneuverability on flat terrain, low ownership costs, easy spare parts availability, and sufficient power for lighter agricultural tasks. By 2030, the 2WD tractor segment is expected to hold a 92.6% share of Australia's agricultural tractor market. The market is forecast to grow steadily, with shipments increasing from 9,462 units in 2024 to 10,531 units by 2030, at a CAGR of 1.80%
Recent Developments in the Australia Tractors Market
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In February 2024, John Deere launched 9RX series tractors in the Australian market. It is a high-horsepower tractor powered by a JD18 engine that is designed to meet the requirements of modern farming.
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John Deere is also scheduled to launch autonomous, and battery-powered electric tractors in the Australia tractors market in 2026.
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AGCO launched seven series Fendt 700 G& tractors in the Australian industry in 2024. It is a six-cylinder and AGCO power engine that produces 283 horsepower.
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In 2024, CNH Industrial launched several new tractors under the New Holland brand in the Australian market including:
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T4 Electric Power:It is an electric autonomous tractor with autonomous feature
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T7 PLMi Long Wheelbase Auto command:It has a six-cylinder engine with a maximum power capacity is 280 horsepower and PLM Intelligence.
The Queensland Agriculture Tractor Market Shipments to Reach 2,730 Units by 2030
Queensland, plays a crucial role in Australia agriculture tractor market. The state's agriculture sector is expected to benefit from above-average rainfall in 2025, boosting crop production and driving tractor demand. The region's diverse farming conditions and large agricultural land area, with over 2,800 farms, create demand for tractors, especially those with less than 60 horsepower, to suit its smaller farms and varied terrain. However, the sector faces challenges due to a shortage of agricultural labor, with the average age of workers being older than in other industries. This issue highlights the growing need for efficient and automated farming machinery in Queensland.
Why Should You Buy this Research?
This report provides a comprehensive analysis of the market, offering valuable insights into market size and forecasts (2021-2030), segmented by horsepower, drive type, and geography. It covers production and trade values, highlighting major ongoing and upcoming projects and investments. The report also includes competitive intelligence, offering a deep dive into economic scenarios, industry dynamics, and market shares. Additionally, it highlights innovative technologies shaping the sector and provides detailed company profiles of key vendors. This report is essential for understanding market trends, opportunities, and the competitive landscape
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Key Company Profiles
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AGCO
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CNH Industrial
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Deere & Company
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Kubota
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TAFE
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CLAAS
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Iseki
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JCB
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KIOTI
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Lovol
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Mahindra & Mahindra
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SOLIS
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Same Deutz-Fahr
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Yanmar
Market Segmentation
Horsepower
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Less than 60 HP
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60-100 HP
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101-200 HP
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Above 200 HP
Drive Type
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2-Wheel Drive
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4-Wheel Drive
Geography
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Queensland
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Western Australia
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Victoria
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New South Wales
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South Australia
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Tasmania
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Northern Territory
Key Questions Answered in the Report:
What are the expected units sold in the Australia tractors market by 2030?
How big is the Australia tractors market?
What is the growth rate of the Australia tractors market?
Which region holds the largest Australia tractors market share?
Who are the key companies in the Australia tractors market?
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About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=australia-tractors-market-sales-to-hit-1137-thousand-units-by-2030-shift-towards-alternative-fuels-creating-lucrative-opportunities-arizton]
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/australia-tractors-market
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