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\n \x3c!-- section 2--\x3e\n
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DIVE DEEPER, COLLABORATE SMARTER WITH SYNAPSE


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Tired of siloed data and fragmented insights?

--\x3e\n \x3c!--
Introducing Synapse, the Only Market Intelligence Tool You’ll Ever Need! 
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\n Explore how AI and market research are revolutionizing the relationship between academia and industry! This webinar will highlight the transformative role of data-driven insights in fostering collaboration, driving innovation, and preparing students for thriving careers in a competitive landscape.

We’ll also introduce Synapse, an advanced AI-powered market research platform by Mordor Intelligence, that empowers universities and industries to bridge gaps, unlock real-time insights, and drive impactful innovation.\n
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What We\'ll Cover?

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✨ AI & Market Research Insights
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Discover how AI is reshaping the landscape of market research, empowering universities to innovate and adapt to real-world challenges.
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📈 Real-World Applications
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Explore how market research supports product innovation and industry-driven solutions.
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💼 Career Pathways
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Learn about opportunities in market research and how students can prepare for success.
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🧠 AI-Powered Tools for Smarter Decision-Making
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See how AI-driven market research platforms like Synapse equip institutions with real-time insights to drive innovation and smarter decisions.
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Who Should Attend?

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⮞ Business Leaders and Decision-Makers
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⮞ Market Intelligence Professionals
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⮞ Businesses Requiring Specialized Insights
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⮞ Academic and Educational Institutions
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\n \x3c!----\x3e\n \x3c!--
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Register Now

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Submit the form below to book a demo with a member of our Synapse team.
--\x3e\n \n
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About The Host

\n Expert Who Will Be Conducting This Seminar\n
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What are you waiting for?

\n Don\'t miss this opportunity to see Synapse in action. Reserve your spot today!\n
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Used Tractors Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers the Global Used Tractors Market and is Segmented by Horsepower (Below 40 HP, 40 HP - 100 HP, and Above 100 HP) and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The Report Offers Market Size and Forecasts for all the Above Segments in Terms of Value (USD).

Used Tractors Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Used Tractors Market Size

Used Tractors Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 5.60 %
Fastest Growing Market Asia
Largest Market North America
Market Concentration High

Major Players

Used Tractors Market Major Players

*Disclaimer: Major Players sorted in no particular order

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

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Used Tractors Market Analysis

The Used Tractors Market is expected to register a CAGR of 5.6% during the forecast period.

  • Used tractor sales are increasing globally, commanding premium prices at auctions. This trend is primarily due to new tractor models offering features often exceeding many farmers' requirements. Farmers increasingly turn to the second-hand market to avoid unnecessary expenditure on advanced technology. Older tractors also offer the advantage of easier on-farm repairs, often without requiring expensive diagnostic tools. Despite their age, these tractors demonstrate their effectiveness in the field, proving to be more practical for many farmers.
  • The United States is witnessing an influx of used tractors, particularly low-hour machines, driving prices to record highs. Between 2020 and 2023, equipment manufacturers increased their prices by 40%. This price surge is attributed to supply chain disruptions and material shortages, resulting in factory delays and increasing the scarcity premium for used tractors.
  • In developing nations, the tractor market has traditionally been disorganized. However, this landscape is changing due to the emergence of e-commerce platforms and online listings. For example, India's used tractor market is predominantly unstructured, with dispersed demand and supply. Despite these challenges, online platforms are experiencing a significant increase in tractor listings. E-commerce platforms like "Tractor Junction" are not only listing tractors but also providing financing options for many of them, particularly benefiting small and marginalized farmers. These strategic initiatives are expected to boost sales in developing countries. The increasing availability of used tractors, coupled with the growth of e-commerce platforms in emerging regions, is expected to drive the used tractor market during the forecast period.

Used Tractors Industry Overview

A few major international tractor manufacturing players consolidate the market for used tractors. Prominent players in the market include Deere and Company, Kubota Corporation, AGCO Corporation, Mahindra and Mahindra, and CNH Global NV. Several of these companies offer comprehensive coverage plans for used tractors, safeguarding essential tractor components. This strategy streamlines the ownership experience for purchasers of used tractors.

Used Tractors Market Leaders

  1. Deere and Company

  2. Kubota Corporation

  3. AGCO Corporation

  4. Mahindra and Mahindra

  5. CNH Global NV

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

  • April 2022: Tractor Junction, an India-based online platform for buying, selling, financing, insuring, and servicing new and used tractors and farm implements, has secured USD 5.7 Million in a seed funding round. The round was led by Info Edge Ventures and Omnivore. The raised funds will be allocated towards developing financial services, recruiting new talent, and inaugurating physical stores in northern India.
  • :

Used Tractors Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions 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 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Below 40 HP
    • 5.1.2 40 HP - 100 HP
    • 5.1.3 Above 100 HP
  • 5.2 Geography
    • 5.2.1 North America
    • 5.2.1.1 United States
    • 5.2.1.2 Canada
    • 5.2.1.3 Mexico
    • 5.2.1.4 Rest of North America
    • 5.2.2 Europe
    • 5.2.2.1 Germany
    • 5.2.2.2 United Kingdom
    • 5.2.2.3 France
    • 5.2.2.4 Spain
    • 5.2.2.5 Rest of Europe
    • 5.2.3 Asia Pacific
    • 5.2.3.1 India
    • 5.2.3.2 China
    • 5.2.3.3 Japan
    • 5.2.3.4 Rest of Asia Pacific
    • 5.2.4 South America
    • 5.2.4.1 Brazil
    • 5.2.4.2 Argentina
    • 5.2.4.3 Rest of South America
    • 5.2.5 Africa
    • 5.2.5.1 South Africa
    • 5.2.5.2 Rest of Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Share Analysis
  • 6.2 Company Profiles
    • 6.2.1 Deere and Company
    • 6.2.2 CNH Global NV (includes New Holland and Case IH)
    • 6.2.3 AGCO Corporation (includes Massey Ferguson, Valtra, Fendt, and Challenger)
    • 6.2.4 CLAAS KGaA mbH
    • 6.2.5 Mahindra and Mahindra Corporation
    • 6.2.6 Kubota Corporation
    • 6.2.7 Yanmar Company Limited
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Used Tractors Industry Segmentation

A tractor is a farm vehicle that is used to pull farm machinery and provide the energy needed for the machinery to work. In this report, "used tractors" refer to those previously owned by individuals and subsequently resold. For this report, used/pre-owned tractors used in agricultural operations in farming have been considered. The report does not cover other agricultural machinery and attachments to the tractor. Tractors used for industrial and construction purposes are also excluded from the study.

The Report Covers the Global Used Tractors Market and is Segmented by Horsepower (Below 40 HP, 40 HP - 100 HP, and Above 100 HP) and Geography (North America, Europe, Asia-Pacific, South America, and Africa). The report offers market size and forecasts for all the above segments in terms of value (USD).

Application Below 40 HP
40 HP - 100 HP
Above 100 HP
Geography North America United States
Canada
Mexico
Rest of North America
Europe Germany
United Kingdom
France
Spain
Rest of Europe
Asia Pacific India
China
Japan
Rest of Asia Pacific
South America Brazil
Argentina
Rest of South America
Africa South Africa
Rest of Africa
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Used Tractors Market Research Faqs

What is the current Used Tractors Market size?

The Used Tractors Market is projected to register a CAGR of 5.60% during the forecast period (2025-2030)

Who are the key players in Used Tractors Market?

Deere and Company, Kubota Corporation, AGCO Corporation, Mahindra and Mahindra and CNH Global NV are the major companies operating in the Used Tractors Market.

Which is the fastest growing region in Used Tractors Market?

Asia is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Used Tractors Market?

In 2025, the North America accounts for the largest market share in Used Tractors Market.

What years does this Used Tractors Market cover?

The report covers the Used Tractors Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Used Tractors Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Used Tractors Industry Report

Statistics for the 2025 Used Tractors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Used 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.