Europe Tractor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Europe Agricultural Machinery Market, and It is Segmented by Horsepower (Less Than 40 HP, 40 To 99 HP, 100 To 150 HP, 151 To 200 HP, and Above 200 HP) and Geography (Germany, United Kingdom, France, Spain, Italy, Russia, Poland, and Rest of Europe). The Report Offers the Market Size in Terms of Volume (units) and Value (USD).

Europe Tractor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Europe Agricultural Tractors Market Size

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Europe Agricultural Tractors Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 16.23 Billion
Market Size (2030) USD 20.61 Billion
CAGR (2025 - 2030) 4.90 %
Market Concentration High

Major Players

Europe Agricultural Tractors Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Europe Agricultural Tractors Market with other markets in Agriculture Industry

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Europe Agricultural Tractors Market Analysis

The Europe Agricultural Tractors Market size is estimated at USD 16.23 billion in 2025, and is expected to reach USD 20.61 billion by 2030, at a CAGR of 4.9% during the forecast period (2025-2030).

  • The European agricultural tractors market has grown substantially in recent years, fueled by various factors. Technological advancements like precision farming and automation have allowed farmers to enhance efficiency and productivity. The growing emphasis on sustainability and environmental issues has also increased demand for eco-friendly tractors. Moreover, as farms across Europe consolidate, there is a rising need for larger and more powerful tractors to manage the heavier workloads.
  • France, Germany, Italy, and the United Kingdom are among the largest markets for tractors in the European Union, together representing about 60% of agricultural tractor registrations within the region in 2023, according to the European Agricultural Machinery Association (CEMA). In the United Kingdom, tractor registrations are a key indicator of the domestic agricultural machinery market. Tractors and accessories make up nearly half of farmers' expenditures in terms of value. Like other European nations, France has been at the forefront of agricultural mechanization, accounting for around 23% of all agricultural tractors registered in the region in 2023, highlighting its significant role in the European market.
  • Factors such as increasing total tractor productivity in farming, reducing post-harvest loss, adding value to agricultural raw materials, and improving the quality of agricultural products are driving the market in the region. The government of France has formulated programs to aid and finance the purchase of agricultural machinery and equipment, including tractors. These factors, coupled with government policies to promote agricultural exports, aid the growth of agriculture mechanization and the adoption of tractors in the country.

Europe Agricultural Tractors Industry Overview

The European agricultural tractors market is consolidated, with a few major players dominating the market. The key players in the market are Deere & Company, CLAAS KGaA mbH, CNH Industrial NV, AGCO Corporation, and Kubota Corporation. Product innovations, partnerships, and expansions are the prime strategies followed by these companies to increase their market share and improve their production capabilities using modern technologies. These companies are investing heavily in R&D and launching tractors that cater to the needs of farmers in this region.

Europe Agricultural Tractors Market Leaders

  1. Deere & Company

  2. CLAAS KGaA mbH

  3. CNH Industrial NV

  4. AGCO Corporation

  5. Kubota Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Europe Agricultural Tractors Market Concentration
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Europe Agricultural Tractors Market News

  • June 2024: John Deere launched the 6M tractor series in Europe, offering models ranging from the compact 6M 95 to the powerful 6M 250. These tractors come with 4.5 or 6.8-liter engines, delivering up to 20 additional horsepower with intelligent power management (IPM).
  • March 2024: John Deere introduced the 5M tractor series, featuring advanced PowrQuad PLUS and Power8 transmissions with integrated AutoTrac functionality in the dashboard. The series includes the new 5M 130 model, which offers up to 135 horsepower, expanding the range of higher-power options.
  • December 2021: SDF and DEUTZ expanded their longstanding partnership, which began in the 1980s. The agreement includes a long-term supply deal for DEUTZ engines, covering both sub-4 liter and above-4 liter engines, including the TCD 4.1, 6.1, and 7.8 models.
  • December 2020: AGCO introduced the Challenger MT800 Series track tractors, featuring new engine and transmission options, an improved track and chassis system, additional hydraulic and hitch configurations, and a redesigned, user-friendly cab.

Europe Agricultural Tractor Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumption and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
  • 4.3 Market Restraints
  • 4.4 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 By Horsepower
    • 5.1.1 Less Than 40 HP
    • 5.1.2 40 to 99 HP
    • 5.1.3 100 to 150 HP
    • 5.1.4 151 to 200 HP
    • 5.1.5 Above 200 HP
  • 5.2 By Geography
    • 5.2.1 Germany
    • 5.2.2 United Kingdom
    • 5.2.3 France
    • 5.2.4 Spain
    • 5.2.5 Italy
    • 5.2.6 Russia
    • 5.2.7 Poland
    • 5.2.8 Rest of Europe

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Claas KGaA mbH
    • 6.3.2 Deere & Company
    • 6.3.3 CNH Industrial NV
    • 6.3.4 AGCO Corporation
    • 6.3.5 Kubota Corporation
    • 6.3.6 Mahindra & Mahindra Ltd
    • 6.3.7 Tractors and Farm Equipment Limited
    • 6.3.8 SDF SpA
    • 6.3.9 Argo Tractors SpA
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Europe Agricultural Tractors Industry Segmentation

An agricultural tractor is a vehicle designed to deliver a high tractive effort to haul a trailer or machinery at slow speeds. The report does not cover other agricultural machinery and attachments for tractors. Tractors used for industrial and construction purposes are also excluded from the study.

The European agricultural tractors market is segmented by horsepower into less than 40 HP, 40 to 99 HP, 100 to 150 HP, 151 to 200 HP, and above 200 HP. The market is segmented by geography into Germany, the United Kingdom, France, Spain, Italy, Russia, Poland, and Rest of Europe. The report offers the market sizing in terms of volume (units) and value (USD).

By Horsepower Less Than 40 HP
40 to 99 HP
100 to 150 HP
151 to 200 HP
Above 200 HP
By Geography Germany
United Kingdom
France
Spain
Italy
Russia
Poland
Rest of Europe
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Europe Agricultural Tractor Market Research FAQs

How big is the Europe Agricultural Tractors Market?

The Europe Agricultural Tractors Market size is expected to reach USD 16.23 billion in 2025 and grow at a CAGR of 4.90% to reach USD 20.61 billion by 2030.

What is the current Europe Agricultural Tractors Market size?

In 2025, the Europe Agricultural Tractors Market size is expected to reach USD 16.23 billion.

Who are the key players in Europe Agricultural Tractors Market?

Deere & Company, CLAAS KGaA mbH, CNH Industrial NV, AGCO Corporation and Kubota Corporation are the major companies operating in the Europe Agricultural Tractors Market.

What years does this Europe Agricultural Tractors Market cover, and what was the market size in 2024?

In 2024, the Europe Agricultural Tractors Market size was estimated at USD 15.43 billion. The report covers the Europe Agricultural Tractors Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Europe Agricultural Tractors Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Europe Tractor Industry Report

Statistics for the 2025 Europe Agricultural Tractors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Agricultural Tractors analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Europe Tractor Market Report Snapshots