How big is the Vietnam Agricultural Tractor Market?

The Vietnam Agricultural Tractor Market size is expected to reach USD 623.83 million in 2024 and grow at a CAGR of 5.06% to reach USD 798.46 million by 2029. Read More

What is the current Vietnam Agricultural Tractor Market size?

In 2024, the Vietnam Agricultural Tractor Market size is expected to reach USD 623.83 million. Read More

Who are the key players in Vietnam Agricultural Tractor Market?

CLAAS KGaA mbH, Vietnam Engine and Agricultural Machinery Corporation, Yanmar America Corporation, Kubota Tractor Corporation and CNH Industrial are the major companies operating in the Vietnam Agricultural Tractor Market. Read More

What years does this Vietnam Agricultural Tractor Market cover, and what was the market size in 2023?

In 2023, the Vietnam Agricultural Tractor Market size was estimated at USD 593.78 million. The report covers the Vietnam Agricultural Tractor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Vietnam Agricultural Tractor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Vietnam Agricultural Tractor Market Share

Statistics for the 2023 & 2024 Vietnam Agricultural Tractor market share, created by Mordor Intelligence™ Industry Reports. Vietnam Agricultural Tractor share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Vietnam Agricultural Tractor Industry

The Vietnamese agricultural tractor market is consolidated with the presence of global players in the country. Kubota, CLAAS, Yanmar, CNH Industrial, and VEAM are some of the major players operating in the industry. These companies are expanding their business activities by focusing on new product launches, partnerships, and investments. However, more than 70% of the tractors in Vietnam are imported for domestic use in agriculture.