Global Compact Agricultural Tractors Market Size & Outlook

The global compact agricultural tractors market size was estimated at USD 17,476.2 million in 2024 and is projected to reach USD 29,214.3 million by 2030, growing at a CAGR of 9% from 2025 to 2030.
Revenue, 2024 (US$M)
$17,476.2
Forecast, 2030 (US$M)
$29,214.3
CAGR, 2025 - 2030
9%
Report Coverage
Worldwide

Global compact agricultural tractors market, 2018-2030 (US$M)

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Global compact agricultural tractors market highlights

  • The global compact agricultural tractors market generated a revenue of USD 17,476.2 million in 2024 and is expected to reach USD 29,214.3 million by 2030.
  • The market is expected to grow at a CAGR (2025 - 2030) of 9% by 2030.
  • In terms of segment, below 30hp accounted for a revenue of USD 18,951.8 million in 2024.
  • Below 30HP is the most lucrative engine power segment registering the fastest growth during the forecast period.
  • In terms of region, Asia Pacific was the largest revenue generating market in 2024.

Global data book summary

Market revenue in 2024USD 17,476.2 million
Market revenue in 2030USD 29,214.3 million
Growth rate9% (CAGR from 2025 to 2030)
Largest segmentBelow 30hp
Fastest growing segmentBelow 30HP
Historical data covered2018 - 2023
Base year for estimation2024
Forecast period covered2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBelow 30HP

Other key industry trends

  • In terms of revenue, the North America accounted for 23.3% of the global compact agricultural tractors market in 2024.

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Compact Agricultural Tractors Market Companies

Name Profile # Employees HQ Website
Daedong Industrial View profile 1001-5000 Daegu, Taegu-jikhalsi, South Korea, Asia http://www.daedong.co.kr
Mahindra & Mahindra View profile 10001+ Mumbai, Maharashtra, India, Asia http://mahindratractor.com
TYM View profile 1001-5000 Seoul, Seoul-t'ukpyolsi, South Korea, Asia https://tym.world
Yanmar View profile 1001-5000 Adairsville, Georgia, United States, North America http://yanmar.com
International Tractors Ltd View profile 501-1000 Hoshiarpur, Punjab, India, Asia http://www.international.sonalika.com/
Kubota Tractor View profile 1001-5000 Grapevine, Texas, United States, North America https://www.kubotausa.com
AGCO Corporation View profile 10001+ Beloit, Kansas, United States, North America https://www.sunflowermfg.com/
CNH Industrial NV View profile 40496 Cranes Farm Road, Basildon, Essex, London, United Kingdom, SS14 3AD https://www.cnhindustrial.com
Deere & Co View profile 83000 One John Deere Place, Moline, IL, United States, 61265 https://www.deere.com

Global compact agricultural tractors market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to compact agricultural tractors market will help companies and investors design strategic landscapes.


Below 30hp was the largest segment with a revenue share of 108.44% in 2024. Horizon Databook has segmented the Global compact agricultural tractors market based on below 30hp covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Compact Agricultural Tractors Engine Power Outlook (Revenue, USD Million, 2018-2030)
    • Below 30HP
    • 31 HP to 40 HP
  • Global Compact Agricultural Tractors Driveline Outlook (Revenue, USD Million, 2018-2030)
    • 2WD
    • 4WD
  • Global Compact Agricultural Tractors Propulsion Outlook (Revenue, USD Million, 2018-2030)
    • ICE
    • Electric

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Horizon Databook provides a detailed overview of global-level data and insights on the Global compact agricultural tractors market , including forecasts for subscribers. This global databook contains high-level insights into Global compact agricultural tractors market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global compact agricultural tractors market size, by regions, 2018-2030 (US$M)

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