Wheeled Tractor Machinery Market Gains Momentum Driven by Growth in Crop Production and Large-Scale Farming

"Wheeled Tractor Machinery Market Size reached US$ 50.04 million in 2024 and is expected to reach US$ 75.05 million by 2032, growing with a CAGR of 5.2% during the forecast period 2024-2031." As per DataM intelligence research report

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United States: Recent Industry Developments

✅ In August 2025, Deere & Co. unveiled a new lineup of autonomous tractors at CES 2025, featuring advanced AI, computer vision, and Nvidia-powered sensors. These tractors aim to address labor shortages and enhance productivity in agriculture, construction, and landscaping sectors.

✅ In July 2025, AGCO Corporation launched its 2025 Massey Ferguson compact tractor series, incorporating next-gen hydraulics and precision farming technology. The new models are designed to meet the evolving needs of small- to mid-scale farmers.

✅ In June 2025, Escorts Kubota Limited announced plans to establish a ₹4,500 crore tractor manufacturing hub along the Yamuna Expressway in Uttar Pradesh. This greenfield project aims to create approximately 4,000 jobs and strengthen India's position as a global manufacturing hub for tractors.

Japan: Recent Industry Developments

✅ In May 2025, Kubota Corporation introduced a new line of autonomous wheeled tractors equipped with AI-driven crop disease detection and precision spraying capabilities. These innovations aim to optimize resource usage and reduce environmental impact in Japanese agriculture.

✅ In April 2025, Yanmar Holdings Co. launched a series of electric-powered wheeled tractors designed for urban farming applications. The compact and emission-free models are tailored for use in city environments, promoting sustainable agriculture practices.

✅ In March 2025, a Japanese agricultural technology startup unveiled a wheeled tractor prototype featuring advanced robotics and machine learning algorithms. The prototype aims to automate tasks such as planting, weeding, and harvesting, reducing labor costs and increasing efficiency.

Wheeled Tractor Machinery Market: Drivers

The wheeled tractor machinery market is driven by the growing need for mechanization in agriculture to enhance productivity and efficiency. Rising global demand for food due to population growth is encouraging farmers to adopt advanced tractor solutions. Technological advancements, including GPS-enabled, automated, and fuel-efficient tractors, are increasing adoption. Government subsidies and incentives for farm mechanization are supporting market expansion. The trend toward precision farming and sustainable agriculture practices is further boosting demand for wheeled tractors.

Market growth is also fueled by the increasing use of tractors in allied sectors such as forestry, horticulture, and construction. Expanding agricultural activities in emerging economies are creating new opportunities for tractor sales. Growing awareness about labor shortages in farming is prompting mechanization to reduce dependency on manual labor. Collaborations between tractor manufacturers and local distributors are facilitating easier market penetration. With continuous innovation and the global push for efficient farming, the wheeled tractor machinery market is poised for steady growth worldwide.

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Segment Covered in the Wheeled Tractor Machinery Market:

➥ By Product Type: Wheeled Tractors - Rotary Tillers, Row Crop Tractors, Implement Carrier, Utility Tractors, Industrial Tractors, Earth Moving Tractors, Garden Tractors, Orchard Type Tractors

Wheeled Tractor Machinery Market: Major Players

• AGCO Tractor
• CNH Global NV
• Claas Tractor
• Deere and Company
• Farmtrac Tractor Europe
• Kubota Tractor Corp.
• McCormick Tractors
• Case IH
• Deutz-Fahr
• Mahindra & Mahindra Ltd.

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➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
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➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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