Agricultural Tractors Market By Engine Power (Less than 40 HP, 41 to 100 HP, More than 100 HP), By Driveline, By Propulsion, By Application- Global Industry Outlook, Key Companies (AGCO Corporation, Deere & Company, Mahindra & Mahindra Ltd., and Others), Trends and Forecast 2025-2034

Agricultural tractors are powerful vehicles designed primarily to deliver high torque at slow speeds for use in farming tasks. They are essential machines used to mechanize a variety of agricultural operations such as plowing, tilling, planting, and hauling. Tractors can be equipped with different attachments and implements, making them versatile for both fieldwork and transportation. Available in various sizes and configurations, such as utility tractors, row crop tractors, and garden tractors, they significantly enhance productivity and efficiency on farms. Modern tractors often include advanced technologies like GPS, automation, and telematics to support precision farming and reduce manual labor.

The global agricultural tractors market includes the production, distribution, and sale of mechanized vehicles used for various farming activities such as plowing, tilling, planting, and hauling. These tractors come in a wide range of sizes and power levels, from compact versions suitable for small farms to powerful machines designed for large-scale agricultural operations. The market caters to different farming environments including row crop farming, horticulture, and livestock management, supporting the broader trend of agricultural mechanization around the world.

Technological advancements in precision agriculture and the increasing use of smart farming tools are reshaping the industry. The integration of GPS technology, telematics, and automation enhances efficiency, optimizes fuel usage, and reduces reliance on manual labor, making these tractors more appealing to modern farmers. The growing emphasis on sustainable farming practices is also driving the development of environmentally friendly tractors that operate on electric or hybrid engines.

Despite these innovations, the market faces several obstacles. High initial investment requirements, limited access to financing in developing nations, and the volatility of raw material prices are major concerns. Furthermore, the shortage of skilled operators and insufficient maintenance infrastructure, particularly in rural areas, can restrict effective tractor usage.

There are significant opportunities in emerging markets where expanding agricultural activities and supportive government policies are encouraging mechanization. The push to lower carbon emissions is also prompting the creation of tractors that use alternative fuels and advanced emission control systems.

Key industry players such as John Deere, CNH Industrial, AGCO Corporation, and Mahindra and Mahindra are focusing on product development, strategic acquisitions, and the expansion of distribution networks to strengthen their market positions. Regional variations in emissions regulations and safety standards influence how products are designed and marketed. At the same time, farmers are showing greater interest in tractors that offer comfort, multifunctional capabilities, and digital connectivity, leading manufacturers to introduce models with user-friendly cabins and smart control features.

The US Agricultural Tractors Market

The US Agricultural Tractors market is projected to be valued at USD 11.3 billion in 2025. It is expected to witness subsequent growth in the upcoming period as it holds USD 17.7 billion in 2034 at a CAGR of 5.1%.

 
The US agricultural tractors market is propelled by the increasing adoption of advanced farming technologies and precision agriculture practices aimed at improving crop yields and operational efficiency. The growing demand for mechanization in farming to address labor shortages and enhance productivity is a key factor. 

Additionally, rising awareness about sustainable farming methods encourages the use of fuel-efficient and environmentally friendly tractors. Government initiatives supporting the modernization of agriculture and subsidies for tractor purchases further stimulate market growth. The expanding organic farming sector also requires specialized tractors, driving demand.

In the US market, integration of smart technologies such as GPS, IoT, and telematics in tractors is becoming widespread, enabling real-time monitoring and automated operations. There is a shift towards electric and hybrid tractors to reduce carbon emissions and comply with environmental regulations. Manufacturers are focusing on ergonomic designs and operator comfort, incorporating advanced cabins and user-friendly controls. The trend of precision farming continues to grow, with tractors equipped for variable-rate applications and data-driven decision-making. Partnerships and collaborations for technology advancements are increasing.

The Japan Agricultural Tractors Market

The Japan Agricultural Tractors market is projected to be valued at USD 3.2 billion in 2025. It is expected to witness subsequent growth in the upcoming period as it holds USD 4.6 billion in 2034 at a CAGR of 4.1%.

 
The Japanese agricultural tractors market is primarily driven by the need to optimize productivity on limited arable land and manage an aging farming population. Mechanization helps reduce dependency on manual labor while maximizing output efficiency. The government’s support for agricultural modernization and technological innovation also plays a vital role. Increasing demand for compact, versatile, and multi-functional tractors suited to small-scale and mountainous farms encourages market growth. Moreover, advancements in robotics and automation integrated with tractors support precision farming practices and resource-efficient agriculture.

Japan is witnessing a rise in compact and lightweight tractors designed for small and terraced farms typical of its geography. Integration of automation and robotic technologies, such as driverless tractors and remote monitoring, is becoming common. Energy-efficient engines and hybrid tractor models are gaining popularity to align with environmental policies. The use of smart sensors and IoT for precise field management and crop monitoring is growing. Manufacturers focus on enhancing the multi-functionality and adaptability of tractors to perform diverse tasks efficiently in limited farm spaces.

The Europe Agricultural Tractors Market

The Europe Agricultural Tractors market is projected to be valued at USD 3.8 billion in 2025. It is expected to witness subsequent growth in the upcoming period as it holds USD 6.0 billion in 2034 at a CAGR of 5.4%.

 
Europe’s agricultural tractors market is driven by increasing farm mechanization and a strong focus on sustainable agricultural practices. Government policies promoting low-emission equipment and energy-efficient machinery boost demand. The need to improve productivity in small to medium-sized farms and address labor shortages supports tractor adoption. Rising investments in precision agriculture and smart farming solutions encourage the use of technologically advanced tractors. Additionally, the growth of organic farming and stringent environmental regulations drive the market towards cleaner, greener tractor models.

European farmers increasingly adopt autonomous and semi-autonomous tractors equipped with advanced sensors and AI technologies for efficient field operations. Electrification of tractors is gaining momentum, aligned with Europe’s sustainability goals. Enhanced connectivity through IoT platforms enables better farm management and data analytics. Tractor manufacturers focus on modular designs allowing customization based on specific farm needs. Collaboration between agri-tech companies and traditional manufacturers is rising to accelerate innovation. There is also a growing emphasis on reducing noise pollution and improving operator safety.

Agricultural Tractors Market: Key Takeaways

• Market Overview: The Global Agricultural Tractors Market is expected to reach a value of USD 74.8 billion in 2025 and is projected to grow to USD 120.2 billion by 2034, with a compound annual growth rate (CAGR) of 5.4% between 2025 and 2034.
• US Agricultural Tractors Market: The US Agricultural Tractors market is forecasted to be worth USD 11.3 billion in 2025, growing steadily to reach USD 17.7 billion by 2034, at a CAGR of 5.1%.
• Japan Agricultural Tractors Market: The Japanese Agricultural Tractors market is anticipated to be valued at USD 3.2 billion in 2025 and is expected to grow to USD 4.6 billion by 2034, with a CAGR of 4.1%.
• Europe Agricultural Tractors Market: The European Agricultural Tractors market is projected to reach USD 3.8 billion in 2025 and grow to USD 6.0 billion by 2034, exhibiting a CAGR of 5.4%.
• By Engine Power: The segment with engine power between 41 to 100 HP is expected to lead the Agricultural Tractors market, capturing nearly 48.6% of the total market share in 2025.
• By Driveline: The Two-Wheel Drive (2WD) segment is anticipated to dominate the market, holding around 62.4% of the total share in 2025.
• By Propulsion: Internal Combustion Engine (ICE) tractors are predicted to account for the majority of the market, with approximately 89.2% share in 2025.
• By Application: Land preparation is expected to be the largest application segment, representing roughly 42.8% of the Agricultural Tractors market in 2025.
• Region with Largest Share: The Asia-Pacific region is expected to lead the Agricultural Tractors market, holding about 78.5% of the global market share in 2025.

Agricultural Tractors Market: Use Cases

• Tillage and Soil Preparation: Agricultural tractors are used for plowing, harrowing, and cultivating soil, helping prepare fields for planting by breaking up compacted earth, incorporating organic matter, and creating a smooth seedbed to enhance crop growth and optimize yield.
• Planting and Seeding: Tractors tow seed drills and planters to distribute seeds uniformly across fields. This ensures consistent depth and spacing, improving germination rates and overall crop quality while significantly reducing manual labor and operational time.
• Crop Protection and Fertilization: Tractors equipped with sprayers or spreaders apply fertilizers, herbicides, and pesticides efficiently over large areas. This enhances crop health, controls weeds and pests, and ensures precise nutrient management, leading to higher agricultural productivity.
• Harvesting Assistance: Tractors support harvesting operations by towing harvesters, trailers, and wagons. They help transport crops like grains, vegetables, or fruits from fields to storage or processing units, improving logistics and minimizing crop wastage during peak harvest seasons.

Agricultural Tractors Market: Stats & Facts

• U.S. Department of Agriculture (USDA): As of 2020, there were about 2.2 million tractors operating on U.S. farms, highlighting their critical role in modern agriculture.
• National Geographic: Modern agricultural tractors can reach speeds up to 25 miles per hour, combining power and efficiency to perform a wide range of tasks beyond just pulling equipment.
• Encyclopedia of Agriculture and Food Systems: Tractors typically range in power from 20 to over 500 horsepower, tailored to different scales of farming operations worldwide.
• FAO (Food and Agriculture Organization of the United Nations): Tractor use has been a key factor in the Green Revolution, helping to increase global crop yields through mechanized planting, fertilizing, and harvesting.
• Library of Congress: The introduction of rubber tires to tractors in the 1930s improved soil protection and traction, making them more versatile across different terrains.
• Popular Mechanics (historical archives): Early tractors used steam power before the internal combustion engine became dominant, with steam tractors popular from the late 19th to early 20th century.
• United States Patent and Trademark Office (USPTO): The first patents related to tractor innovations date back to the late 1800s, illustrating the rapid technological advancements in farm machinery.

Agricultural Tractors Market: Market Dynamics

Driving Factors in the Agricultural Tractors Market

Increasing Mechanization in Agriculture
The rising demand for enhanced agricultural productivity is fueling the mechanization of farming operations globally. Agricultural tractors play a crucial role in modern farming by improving efficiency in plowing, planting, and harvesting. Growing awareness about reducing manual labor and the need to cultivate larger land areas faster is pushing farmers toward investing in advanced tractor models. 

Additionally, government subsidies and rural development programs are encouraging small and medium farmers to adopt mechanized equipment. The integration of technology such as GPS guidance and precision farming tools in tractors further supports optimized resource usage, reducing input costs. This surge in mechanization is a major driver, boosting sales in the farm equipment sector, particularly in emerging economies where agriculture remains a key livelihood.

Technological Advancements in Tractor Design
Technological innovation in agricultural tractors is significantly influencing market growth. Modern tractors are equipped with advanced features like fuel-efficient engines, telematics, automated steering, and IoT-enabled monitoring systems, enhancing operational efficiency and reducing downtime. The development of eco-friendly, low-emission engines also aligns with stringent environmental regulations, making tractors more sustainable. 

Smart tractors integrated with data analytics support precision agriculture, enabling better crop management and soil health monitoring. These innovations help farmers optimize fieldwork while minimizing costs, making agricultural tractors more attractive investments. Consequently, technology-driven enhancements are key growth drivers in the agricultural tractor market, pushing manufacturers to continually innovate and upgrade their product offerings to meet evolving customer demands.

Restraints in the Agricultural Tractors Market

High Initial Cost and Maintenance Expenses
One significant challenge restraining the agricultural tractors market is the high upfront investment required for purchasing modern tractor models. Small-scale farmers, particularly in developing regions, often find it difficult to afford advanced tractors due to limited financial resources and credit availability. Additionally, maintenance and repair costs can be substantial, especially for technologically sophisticated tractors with complex parts and electronic systems. 

The expenses related to spare parts, skilled labor for servicing, and fuel can increase operational costs, discouraging tractor adoption among marginal farmers. This cost barrier limits market penetration in price-sensitive rural areas, slowing overall market growth. Consequently, the affordability factor remains a considerable restraint for widespread tractor adoption in the global agricultural sector.

Limited Awareness and Technical Knowledge among Farmers
The agricultural tractors market also faces constraints due to limited awareness and technical expertise among farmers, especially in remote or underdeveloped regions. Many farmers lack proper training on the operation and maintenance of advanced tractor models, which reduces their confidence in adopting mechanized farming equipment. 

This knowledge gap leads to underutilization or improper handling, resulting in reduced tractor efficiency and increased downtime. Furthermore, the absence of adequate extension services or support infrastructure exacerbates this issue, making it difficult for farmers to maximize tractor benefits. This restraint highlights the need for improved farmer education, training programs, and after-sales services to promote wider acceptance of agricultural tractors across diverse farming communities.

Opportunities in the Agricultural Tractors Market

Expansion of Precision Farming and Smart Agriculture
The growing adoption of precision farming techniques offers a lucrative opportunity for the agricultural tractors market. Precision agriculture, involving GPS-guided tractors, sensors, and data analytics, allows for optimized field management, reduced wastage of inputs, and enhanced crop yield. Tractors integrated with smart technologies enable site-specific field operations, which improve efficiency and reduce environmental impact. With increasing focus on sustainable farming practices and digital agriculture, manufacturers can develop innovative tractor models equipped with IoT, AI, and automation features. The rising demand for connected farming equipment creates new avenues for product differentiation and market expansion. Thus, precision farming represents a significant growth prospect in the evolving agricultural tractors landscape.

Rising Demand for Compact and Specialized Tractors
There is an emerging opportunity in the market for compact, lightweight, and specialized tractors designed for small and medium-sized farms and niche applications like horticulture, orchards, and vineyards. As farmland fragmentation increases and more farmers engage in diversified cropping, demand grows for tractors that offer maneuverability in confined spaces and suitability for specific farming tasks. These specialized tractors help improve operational efficiency while reducing soil compaction and fuel consumption. 

Manufacturers focusing on developing versatile, fuel-efficient, and cost-effective tractor models tailored to such segments can capture untapped markets. The rising preference for multipurpose tractors with adaptable attachments also presents opportunities to cater to varied agricultural needs globally.

Trends in the Agricultural Tractors Market

Integration of Automation and Autonomous Tractors
A key trend reshaping the agricultural tractors market is the increasing integration of automation and autonomous technologies. Self-driving tractors equipped with GPS, AI, and sensor systems are gradually being introduced to reduce human intervention and improve operational precision. Autonomous tractors enable farmers to perform tasks such as plowing, seeding, and spraying more efficiently, even in challenging terrains or large-scale farms. 

This trend aligns with the broader move toward smart farming and robotics in agriculture, helping address labor shortages and improve productivity. The gradual shift toward driverless tractors is expected to revolutionize farm mechanization, making it a significant trend shaping future agricultural tractor developments.

Growing Emphasis on Eco-Friendly and Sustainable Tractor Solutions
Sustainability is becoming a central focus in the agricultural tractors market, with increasing emphasis on reducing environmental impact. Manufacturers are developing tractors powered by cleaner fuels, such as biofuels, electric, and hybrid engines, to lower greenhouse gas emissions and comply with tightening emission norms. 

The push for sustainable farming practices encourages the adoption of energy-efficient tractors that minimize soil degradation and fuel consumption. Additionally, innovations like electric-powered compact tractors and solar-powered machinery are gaining traction. This trend reflects the agricultural sector’s commitment to environmental responsibility, driving demand for green tractor technologies that support sustainable agriculture goals worldwide.

Agricultural Tractors Market: Research Scope and Analysis

By Engine Power Analysis

The 41 to 100 HP segment is predicted to dominate the Agricultural Tractors market, accounting for nearly 48.6% of the total market share in 2025. This engine power range strikes the perfect balance between affordability and functionality, making it highly suitable for mid-sized farms and a variety of field tasks such as plowing, tilling, and hauling. The demand for versatile farm machinery has driven this segment’s adoption, particularly in emerging agricultural economies. 

Increased use of precision farming techniques and rising demand for utility tractors across diverse terrains further boost this category. The integration of GPS technology, improved hydraulic systems, and ergonomic designs has made these tractors a preferred choice for farmers aiming to enhance productivity and operational efficiency.

The More than 100 HP segment is projected to witness the highest CAGR in the Agricultural Tractors market by the end of 2025. This growth is fueled by the rising adoption of heavy-duty farming equipment across large-scale commercial farms, especially in North America and Europe. These tractors are engineered for demanding tasks such as deep plowing and heavy hauling, supporting higher efficiency and reduced labor dependency. 

Technological advancements like autonomous steering, telematics, and real-time performance monitoring are also accelerating their adoption. The growing trend of farm mechanization, along with favorable government subsidies and increased investment in smart agriculture, has positioned this segment for rapid expansion. Additionally, the surge in demand for high-capacity tractors reflects the global shift toward scalable, high-yield agricultural practices.

By Driveline Analysis

The 2WD (Two-Wheel Drive) segment is expected to dominate the Agricultural Tractors market, holding approximately 62.4% of the total market share in 2025. This dominance is largely attributed to the affordability and ease of maintenance of 2WD tractors, making them the preferred choice for small to medium-sized farms. 

Their suitability for less challenging terrains and lighter farming operations, such as planting and harvesting in flat fields, contributes to their widespread use. Additionally, the availability of cost-effective spare parts and simpler mechanical designs supports their popularity in developing regions. The demand for compact and efficient farm equipment in regions with moderate topography continues to drive the growth of this segment within the broader agricultural machinery landscape.

The 4WD (Four-Wheel Drive) segment is forecasted to register the highest CAGR by the end of 2025. This growth is driven by increasing mechanization in large-scale commercial farming and the need for tractors that offer superior traction and stability on rough and uneven terrain. 4WD tractors are favored for heavy-duty applications such as deep tillage, hauling, and working on hilly or muddy landscapes. 

Advances in agricultural technology, including enhanced drivetrain systems and operator comfort features, are further accelerating adoption. Government initiatives promoting smart farming and rising investments in high-capacity machinery also contribute to the rapid expansion of this segment in mature agricultural markets globally.

By Propulsion Analysis

The Internal Combustion Engine (ICE) segment is predicted to dominate the Agricultural Tractors market, capturing approximately 89.2% of the market share in 2025. Despite growing interest in sustainable farming practices, ICE-powered tractors remain the backbone of agricultural machinery due to their established infrastructure, fuel availability, and cost-effectiveness. 

These tractors are widely used across diverse farming operations, from plowing to harvesting, benefiting from reliable performance and higher power output. The mature supply chain for diesel engines and the widespread network for maintenance and repairs contribute to their continued dominance. Additionally, ICE tractors support heavy-duty applications and longer operational hours, meeting the demands of large-scale farming enterprises in both developed and developing regions.

The Electric propulsion segment is expected to register the highest CAGR by the end of 2025, driven by the rising focus on eco-friendly agricultural machinery. Innovations in battery technology, such as improved energy density and faster charging times, are enhancing the feasibility of electric tractors for farming activities. 

Environmental regulations and increasing fuel costs are encouraging farmers to adopt electric models to reduce carbon emissions and operational expenses. Electric tractors are gaining traction in precision agriculture and small to medium-sized farms that prioritize sustainability. Furthermore, government subsidies and investments in green farming initiatives accelerate the shift toward electric-powered equipment, positioning this segment for rapid growth amid the global push for clean energy solutions in agriculture.

By Application Analysis

The Land Preparation segment is predicted to dominate the Agricultural Tractors market, accounting for approximately 42.8% of the overall share in 2025. This segment’s dominance is due to the essential role tractors play in soil tillage, plowing, and leveling, which are critical for preparing fields before planting. Efficient land preparation improves soil aeration and nutrient distribution, directly impacting crop yield and farm productivity. 

Tractors equipped with advanced tillage attachments and precision farming technology have boosted efficiency in this application. The demand for mechanized farming equipment in emerging economies and large-scale farms further supports this segment. Additionally, government subsidies and increasing awareness about modern farming methods contribute to the preference for tractors focused on foundational agricultural tasks.

The Hauling & Transportation segment is expected to register the highest CAGR by the end of 2025. Growth in this segment is driven by the increasing need for efficient on-farm transportation of harvested crops, fertilizers, and equipment, especially in large-scale agricultural operations. Tractors designed for heavy-duty hauling are gaining traction due to their versatility and capacity to reduce labor costs. 

Innovations in payload capacity, fuel efficiency, and telematics integration are accelerating adoption. The expansion of agricultural supply chains and logistics infrastructure, along with rising demand for mechanized solutions in rural areas, supports rapid growth in this application. As farmers aim to optimize post-harvest handling and reduce crop loss, hauling tractors are becoming increasingly vital in the global market.

The Agricultural Tractors Market Report is segmented on the basis of the following:

By Engine Power

• Less than 40 HP
• 41 to 100 HP
• More than 100 HP

By Driveline

• 2WD
• 4WD

By Propulsion

• ICE
• Electric

By Application

• Land Preparation
• Sowing & Planting
• Harvesting
• Irrigation
• Hauling & Transportation
• Others

Regional Analysis

Region with the largest Share
Asia-Pacific is predicted to hold the largest share of the Agricultural Tractors market, accounting for around 78.5% of the global market in 2025. This dominance is driven by the extensive agricultural activities in countries like India, China, and Southeast Asia, where farming is a key economic sector. 

The presence of a large population dependent on agriculture, combined with increasing mechanization and government subsidies to support farm modernization, fuels strong demand. Small and medium-sized farms increasingly adopt tractors to improve productivity and reduce labor costs. Additionally, rising investments in precision agriculture technologies and infrastructure development further boost tractor sales. The diverse terrain and crop types in this region also create demand for a wide range of tractor models and power outputs.

Region with Highest CAGR
North America is expected to register the highest CAGR in the Agricultural Tractors market by the end of 2025. This growth is fueled by the rapid adoption of advanced farming technologies and precision agriculture practices, aimed at enhancing efficiency and sustainability. The region’s large-scale commercial farms demand high-powered tractors equipped with smart features like GPS, telematics, and autonomous capabilities. 

Government initiatives supporting sustainable agriculture and farm mechanization also play a significant role. Additionally, the growing trend toward renewable energy sources is driving the development of electric and hybrid tractors in this market. Increasing investments in agricultural research and innovation further bolster the expansion of tractor sales across North America.

By Region

North America

• The U.S.
• Canada

Europe

• Germany
• The U.K.
• France
• Italy
• Russia
• Spain
• Benelux
• Nordic Rest of Europe

Asia-Pacific

• China
• Japan
• South Korea
• India
• ANZ
• ASEAN
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Argentina
• Colombia
• Rest of Latin America

Middle East & Africa

• Saudi Arabia
• UAE
• South Africa
• Israel
• Egypt
• Rest of MEA

Competitive Landscape

The competitive landscape of the Agricultural Tractors market is marked by the presence of several key players focused on innovation, expanding product portfolios, and geographic reach. Leading manufacturers like John Deere, Mahindra & Mahindra, AGCO Corporation, CNH Industrial, and Kubota Corporation dominate the market through continuous investments in research and development, introducing advanced tractors equipped with GPS technology, telematics, and automated steering systems. These companies are also focusing on enhancing fuel efficiency and reducing emissions to comply with environmental regulations, addressing the rising demand for sustainable farming equipment.

Strategic collaborations, mergers, and acquisitions are common as players aim to strengthen their market presence and offer comprehensive farm mechanization solutions. For instance, partnerships with technology firms help integrate AI and IoT in tractors, enabling precision agriculture and real-time monitoring. The introduction of electric and hybrid tractors is gaining momentum as manufacturers respond to the global push for eco-friendly agricultural machinery. Regional expansion, especially in emerging markets like Asia-Pacific and Latin America, is a critical growth strategy, supported by increasing mechanization in these areas. Competitive pricing, superior after-sales services, and a wide dealer network further differentiate leading brands, making the market highly dynamic and innovation-driven.

• AGCO Corporation
• CNH Industrial N.V.
• Deere & Company
• CLAAS KGaA mbH
• Escorts Ltd.
• International Tractors Ltd.
• Yanmar Co., Ltd.
• Kubota Corporation
• Mahindra & Mahindra Ltd.
• Tractors and Farm Equipment Ltd.
• Same Deutz-Fahr
• Argo Tractors S.p.A.
• YTO Group Corporation
• Hattat Tarım Makinaları San. ve Tic. A.Ş.
• Zetor Tractors a.s.
• Goldoni S.p.A.
• Iseki & Co., Ltd.
• LS Mtron Ltd.
• MTZ Belarus
• Foton Lovol International Heavy Industry Co., Ltd.
• Jinma Tractor Co., Ltd.
• Dongfeng Agricultural Machinery Co., Ltd.
• Other Key Players

Recent Developments

• In May 2025, CNH Industrial unveiled a new strategic plan focusing on integrating advanced technology with traditional farming equipment. This "iron and tech" initiative aims to enhance productivity for farmers while reducing labor, pesticide, and fertilizer use.
• In February 2025, AGCO Corporation and SDF Group announced a partnership wherein SDF will produce tractors up to 85 horsepower under the Massey Ferguson brand for global distribution.
• In August 2024, New Holland, a brand under CNH, unveiled the WORKMASTER 105—India’s first domestically produced tractor with over 100 horsepower. This model features a TREM-IV emission-compliant engine and brings cutting-edge technology and performance to Indian farmers.
• In February 2024, Deere & Company introduced its new 9RX series high-horsepower tractor, built to be autonomy-ready. The series offers advanced solutions aimed at enhancing productivity, efficiency, and environmental sustainability.
• In February 2024, Mahindra launched two new tractor models—sub-compact and compact—at the National Farm Machinery Show. Marketed under the “Powered by OJA” lineup, these tractors offer improved comfort, power, and user-friendly features.
• In January 2024, at CES 2024, Kubota Corporation revealed its "New Actually Concept"—a fully electric, autonomous tractor. Designed to perform various farming tasks, it features fast-charging capabilities and integrates automation with data analytics for smarter agricultural operations.