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Report Overview
The Asia Pacific agricultural tractors market was valued at USD 80.78 Billion in 2025. The industry is expected to grow at a CAGR of 3.50% during the forecast period of 2026-2035 to attain a valuation of USD 113.95 Billion by 2035.
2025
Base Year
2019-2025
Historical Period
2026-2035
Forecast Period
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The Agriculture Infrastructure Fund (AIF) surpassed Rs. 30,000 crores in fund mobilization for agricultural projects as of January 2023.
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In March 2024, Japanese agricultural equipment builder ‘Kubota’ announced that they are considering the idea of making in-house batteries for the electric versions of their farm equipment, due to the rising demand.
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According to industry reports from January 2024, ‘John Deere’, an American company that manufactures agricultural machinery, expects to launch autonomous battery-powered electric tractors in Australia in the year 2026.
Leading Companies in Asia Pacific Agricultural Tractors Market
The market players are increasingly incorporating newer technologies in the manufacturing of tractors to stand out in the market.
- Kubota Corp.
- CLAAS KGaA GmbH
- Yanmar Holdings Co., Ltd.
- CNH Industrial N.V.
- ISEKI & Co., Ltd.
- Truong Hai Group Corporation
- Mahindra And Mahindra Ltd.
- AGCO Corp.
- Deere & Co.
- Vietnam Engine and Agricultural Machinery Corporation
- Tractors and Farm Equipment Limited
- Others
Asia Pacific Agricultural Tractors Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The Asia Pacific agricultural tractors market will presumably grow at a CAGR of 3.50% between 2026 and 2035.
The key drivers of the market are the large areas of cultivable land, persistent governmental support, and the rising food demand in the region.
A key trend in the market is the growing demand for tractors with higher horsepower to increase efficiency.
Based on type, the segments in the market are orchard tractors, row-crop tractors, and others.
Major countries include China, Japan, India, ASEAN, and Australia, among others.
The key players in the market are Kubota Corp., CLAAS KGaA GmbH, Yanmar Holdings Co., Ltd, CNH Industrial N.V., ISEKI & Co., Ltd, Truong Hai Group Corporation, Mahindra and Mahindra Ltd., AGCO Corp., Deere & Co., Vietnam Engine and Agricultural Machinery Corporation, Tractors and Farm Equipment Limited, and others.
In 2025, the market attained a value of nearly USD 80.78 Billion.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach about USD 113.95 Billion by 2035.
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