Germany and France have the largest tractor markets in the European Union. Europe's biggest tractor market is in Germany. Germany is now among the European leaders in the production of agricultural machinery, a sign of its market dominance for agricultural tractors. The use of tractors in agriculture is become more common as a result of the availability of modern technology and the scarcity of agricultural labor. Tractors reduce expenses, save resources and time, and increase production. In an effort to strengthen their customer relationships and expand their market share, industry participants are also releasing web-based applications. In order to communicate with the manufacturers directly and share information about new goods, Deutz-Fahr released the mySAME and myDEUTZ-FAHR applications in Germany in 2019. The country's leadership in agricultural technology and the rising popularity of tractors are expected to fuel market growth over the course of the projected period. In terms of revenue, tractors are the most popular kind of agricultural equipment in Germany. Furthermore, Germany is the biggest tractor exporter in Europe in terms of unit sales. More than two thirds of all tractors made in Europe are produced in Germany. Agricultural mechanization is being used by farmers more and more to replace manual labor in their operations since it is a more affordable, accessible, and effective method. In order to save time and money, they are switching to autonomous tractors, which are raising farm production and crop yield per acre. Germany's supremacy in the market for agricultural tractors may be shown in the fact that it has developed into one of the top producers of agricultural machinery in Europe. The leading companies in the German agriculture tractor market are Kubota, TAFE, AGCO, CNH Industrial, and John Deere. According to the research report "Germany Agriculture Tractor Market Research Report, 2029," published by Actual Market Research, the Germany Agriculture Tractor Market is expected to grow more than 4% CAGR from 2024 to 2029. Globally, German agricultural gear is favored due to its exceptional accuracy and inventive design. One of the top locations in Europe for foreign direct investments in mining, construction, and agricultural machinery is Germany. These elements sufficiently propel the nation's market. One of the top players in the German tractor industry, AGCO Corporation offers products under the Massey Ferguson and Valtra Inc. brands. As a result, farmers are using agricultural mechanization more and more to operate their farms more profitably, conveniently, and efficiently in place of physical labor. Thus, sales of tractors the main source of power for operating agricultural machinery have skyrocketed. The main forces behind the expansion of the German agricultural sector's total value chain are the government's programs and measures to ease credit availability and enhance agriculture-related activities. One of the strategic priorities of the former German Development Minister, Gerd Muller, was agriculture. In 2014, he launched 'ONE WORLD - No Hunger,' a special initiative on food and nutrition security as well as rural development. Under the new Development Minister, Svenja Schulze, the initiative is expected to continue during this legislative period (2021–2025).The German market for agricultural tractor machinery is consolidated, with the leading companies controlling a sizable portion of the market in 2022. The leading companies in the nation include Deere & Company, CNH Industrial, Agco Corporation, Kubota GmbH, and Claas KGaA mbH. By implementing a variety of business strategies, including product launches, expansion, mergers and acquisitions, and R&D investments, the corporations are vying for a significant portion of the market.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globally
Download SampleThe striking development trajectory of the agricultural tractor industry in Germany can be attributed, in part, to the nation's expanding population, which is driving up food consumption. Farmers are always looking for effective ways to increase their productivity, as the demand for food and other agricultural goods grows. This has always resulted in a greater uptake of agricultural tractors, which have the advantages of both higher output and lower labor costs. The demand for agricultural tractors in Germany has significantly increased as a result of government measures supporting agricultural mechanization. These programs, which support sustainable agricultural methods and guarantee food security, have made tractors more accessible and affordable for nearby farmers. Tractors with lower emissions and better fuel efficiency have also been developed and adopted as a result of the focus on ecologically friendly and sustainable farming methods. Major German tractor manufacturers, including John Deere, Fendt, and Claas, are expected to continue their research and development efforts, which should lead to innovations in the form of more compact and reasonably priced tractor models that can be used for both small- and large-scale farming. This will further drive the growth of the agricultural tractor market in Germany. Based on the Engine Power, the market is divided into 30 HP, 30 HP - 100 HP, 100 HP - 200 HP, and Above 200 HP. The majority of the revenue in the Agricultural Tractors Market came from the category between 30-100 horsepower. The low cost, small size, and increased convenience provided by fewer than 30 HP tractors to carry out all routine farming tasks can be credited for the significant rise. But throughout the course of the projection period, the 30 HP–100 HP categories is likely to develop at the quickest rate because of the growing need for high-power agricultural tractors for farms larger than 10 hectares, which is anticipated to be a long-term factor. Based on the Drive Type, the market is divided into 2WD, 4WD. 2WD is the popular choice of German farmer. Two main elements fueling the demand for two-wheel-drive tractors are their ease of use and maneuverability in plain fields and with light loads. Due to their mistrust of new technology and comfort level with more traditional 2WD tractors than 4WD ones, older farmers tend to employ 2WD tractors. Among German farmers in the 2WD segment, popular brands like Fendt, John Deere, New Holland, Kubota, and TAFE are the brands of choice. With an average farm size of 55.8 ha, Germany is home to a large number of medium-sized farmers. Because of this, farmers choose owning a cost-effective, middle HP range, which benefits the 2WD market.
Based on the Level of Autonomy, the market is divided into Manual Tractor Vehicle, Autonomous Tractor Vehicle. Manual gearbox In Germany, tractors continue to be the most popular category of agricultural tractors, even if automated transmissions are becoming more and more common worldwide. Because they are often less expensive to construct than automatic gearboxes, manual transmissions may be a more alluring choice for farmers on a tight budget. Particularly in Germany, where farms are typically smaller than in other nations like the US, is this true. A manual transmission, in the opinion of many farmers, makes it easier to have the sensation of being in complete control of their tractors. This is especially crucial for activities like planting and harvesting that call for exact movement. The longevity and dependability of manual gearboxes are well-known, which is crucial for farmers whose tractors must operate for extended periods of time in tough circumstances. Based on the Application the market is divided into Harvesting, Seed Sowing, Spraying, Others. The Post Harvesting application type holds the biggest share of the agricultural equipment market in Germany. With the aid of post-harvest technologies suitable for cost, time, and labor savings, farmers can use post-harvest machinery and equipment to become more producer-cum-processors, improving the quality and marketability of their output through value addition and lowering post-harvest expenses. Considered in this report: • Geography: Germany • Historic year: 2018 • Base year: 2023 • Estimated year: 2024 • Forecast year: 2029
Aspects covered in this report: • Germany Agriculture Tractor market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Engine Power: • Below 30 HP • 30 HP - 100 HP • 100 HP - 200 HP • Above 200 HP By Drive Type: • 2WD • 4WD By Level of Autonomy: • Manual Tractor Vehicle • Autonomous Tractor Vehicle By Application: • Harvesting • Seed Sowing • Spraying • Others The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the coconut Products industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
We are friendly and approachable, give us a call.