Product Code: GVR-4-68040-572-5
Compact Agricultural Tractors Market Trends:
The global compact agricultural tractors market size was estimated at USD 17.48 billion in 2024 and is projected to grow at a CAGR of 9.0% from 2025 to 2030. The rising trend of small-scale and precision farming across both developed and developing regions is driving the market growth.
Key Highlights:
As agricultural land holdings shrink due to urbanization and land division among heirs, farmers are increasingly adopting compact tractors that are more suitable for managing small plots of land efficiently. These tractors are easier to maneuver, require less fuel, and are ideal for tasks like tilling, plowing, and hauling within tight field boundaries. The affordability and versatility of compact tractors make them highly attractive to smallholder farmers who seek to increase productivity without investing in large-scale machinery.
The increased mechanization of farming in developing countries, particularly in Asia and Africa, is driving the adoption of compact agricultural tractors. Governments in these regions are actively promoting farm mechanization to address labor shortages and enhance food security. Compact tractors are often subsidized or supported through rural development schemes, making them accessible to a broader base of farmers. These tractors also require less infrastructure for operation and maintenance, which is particularly beneficial in rural areas with limited access to service centers. As more countries focus on agricultural modernization, the demand for compact tractors is expected to rise.
The growing use of compact tractors for non-agricultural applications is also boosting the market. Compact agricultural tractors are being increasingly used in landscaping, municipal maintenance, snow removal, and construction activities. Their compact size, ease of attachment to multiple implements, and fuel efficiency make them suitable for a wide variety of tasks beyond traditional farming. Municipal bodies and contractors prefer these machines for their ability to work in confined spaces, such as parks, gardens, and roadside maintenance areas. This cross-industry usage is diversifying the customer base and expanding the overall market demand.
The increased demand for horticulture and organic farming, particularly in peri-urban and semi-urban areas, is driving market growth. As consumer preferences shift toward healthier food options, farmers and agribusinesses are focusing on high-value crops such as fruits, vegetables, and herbs. These crops often require more precise and frequent cultivation, which is well-suited to compact tractors due to their agility and compatibility with various specialized implements. Compact tractors can easily navigate between closely planted rows and operate in greenhouses or polyhouses, where larger machines would be impractical.
Moreover, dealer network expansion and digital sales platforms are making compact tractors more accessible to rural and semi-urban customers. Manufacturers are investing in wider dealership coverage, especially in underserved regions, and engine power demo programs that allow farmers to test equipment before purchasing. The rise of online sales and digital financing tools has also reduced barriers to purchase, particularly for tech-savvy younger farmers. This expanded access, coupled with improved after-sales service and spare parts availability, is strengthening consumer confidence and accelerating market penetration.
Global Compact Agricultural Tractors Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global compact agricultural tractors market report based on engine power, driveline, propulsion, and region.
- Engine Power Outlook (Revenue, USD Million, 2018 - 2030)
- Below 30HP
- 31 HP to 40 HP
- Driveline Outlook (Revenue, USD Million, 2018 - 2030)
- 2WD
- 4WD
- Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- ICE
- Electric
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Latin America
- Middle East & Africa
- UAE
- Saudi Arabia
- South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Compact Agricultural Tractors Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.3.3. Industry Opportunities
- 3.4. Compact Agricultural Tractors Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Compact Agricultural Tractors: Engine Power Estimates & Trend Analysis
- 4.1. Compact Agricultural Tractors Market, By Engine Power Analysis & Market Share, 2024 & 2030
- 4.2. Below 30HP
- 4.2.1. Below 30HP market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. 31 HP to 40 HP
- 4.3.1. 31 HP to 40 HP market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Compact Agricultural Tractors: Driveline Estimates & Trend Analysis
- 5.1. Compact Agricultural Tractors Market, By Driveline Analysis & Market Share, 2024 & 2030
- 5.2. 2WD
- 5.2.1. 2WD market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. 4WD
- 5.3.1. 4WD market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Compact Agricultural Tractors: Propulsion Estimates & Trend Analysis
- 6.1. Compact Agricultural Tractors Market, By Propulsion Analysis & Market Share, 2024 & 2030
- 6.2. ICE
- 6.2.1. ICE market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. Electric
- 6.3.1. Electric market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Compact Agricultural Tractors Market: Regional Estimates & Trend Analysis
- 7.1. Compact Agricultural Tractors Market Share, By Region, 2024 & 2030 (USD Million)
- 7.2. North America
- 7.2.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.2.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.2.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.2.5. U.S.
- 7.2.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.2.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.2.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.2.6. Canada
- 7.2.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.6.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.2.6.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.2.6.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.2.7. Mexico
- 7.2.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.2.7.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.2.7.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.2.7.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.3. Europe
- 7.3.1. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.3.2. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.3.3. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.3.4. U.K.
- 7.3.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.4.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.3.4.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.3.4.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.3.5. Germany
- 7.3.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.3.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.3.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.3.6. France
- 7.3.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.3.6.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.3.6.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4. Asia Pacific
- 7.4.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4.5. China
- 7.4.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4.6. India
- 7.4.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.6.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.6.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4.7. Japan
- 7.4.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.7.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.7.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4.8. Australia
- 7.4.8.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.8.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.8.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.8.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.4.9. South Korea
- 7.4.9.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.4.9.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.4.9.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.4.9.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.5. Latin America
- 7.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.5.5. Brazil
- 7.5.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.5.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.5.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.6.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.6.4. Market estimates and forecast by enterprise size, 2018 - 2030 (Revenue, USD Million)
- 7.6.5. UAE
- 7.6.5.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.6.5.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.6.5.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.6.6. Saudi Arabia
- 7.6.6.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.6.6.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.6.6.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
- 7.6.7. South Africa
- 7.6.7.1. Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 7.6.7.2. Market estimates and forecast by engine power, 2018 - 2030 (Revenue, USD Million)
- 7.6.7.3. Market estimates and forecast by driveline, 2018 - 2030 (Revenue, USD Million)
- 7.6.7.4. Market estimates and forecast by propulsion, 2018 - 2030 (Revenue, USD Million)
Chapter 8. Competitive Landscape
- 8.1. Recent Developments & Impact Analysis by Key Market Participants
- 8.2. Company Categorization
- 8.3. Company Market Share Analysis, 2024
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping
- 8.5.1. Expansion
- 8.5.2. Mergers & Acquisition
- 8.5.3. Partnerships & Collaborations
- 8.5.4. Product Launches
- 8.5.5. Recent Developments
- 8.6. Company Profiles
- 8.6.1. AGCO Corporation
- 8.6.1.1. Participant's Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Recent Developments
- 8.6.2. CLAAS KGaA mbH
- 8.6.2.1. Participant's Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Recent Developments
- 8.6.3. CNH Industrial N.V.
- 8.6.3.1. Participant's Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Recent Developments
- 8.6.4. Daedong Corporation
- 8.6.4.1. Participant's Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Recent Developments
- 8.6.5. Deere & Company
- 8.6.5.1. Participant's Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Recent Developments
- 8.6.6. International Tractors Limited
- 8.6.6.1. Participant's Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Recent Developments
- 8.6.7. Kubota Corporation
- 8.6.7.1. Participant's Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Recent Developments
- 8.6.8. Mahindra & Mahindra Ltd.
- 8.6.8.1. Participant's Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Recent Developments
- 8.6.9. TYM Corporation
- 8.6.9.1. Participant's Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Recent Developments
- 8.6.10. YANMAR HOLDINGS CO., LTD.
- 8.6.10.1. Participant's Overview
- 8.6.10.2. Financial Performance
- 8.6.10.3. Product Benchmarking
- 8.6.10.4. Recent Developments