France Agricultural Tractor Market Size & Outlook
France agricultural tractor market, 2018-2030 (US$M)
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France agricultural tractor market highlights
- The France agricultural tractor market generated a revenue of USD 1,414.2 million in 2023 and is expected to reach USD 2,361.9 million by 2030.
- The France market is expected to grow at a CAGR of 7.6% from 2024 to 2030.
- In terms of segment, more than 100 hp was the largest revenue generating engine power in 2023.
- Less than 40 Hp is the most lucrative engine power segment registering the fastest growth during the forecast period.
Agricultural tractor market data book summary
| Market revenue in 2023 | USD 1,414.2 million |
| Market revenue in 2030 | USD 2,361.9 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | More than 100 hp |
| Fastest growing segment | Less than 40 Hp |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 40 Hp, 41 to 100 Hp, More than 100 Hp |
| Key market players worldwide | AGCO Corp, CNH Industrial NV, Deere & Co, CLAAS, Kubota Corp, Mahindra & Mahindra Ltd DR, International Tractors Ltd, Yanmar, Escorts, Tractors and Farm Equipment |
Other key industry trends
- In terms of revenue, France accounted for 1.4% of the global agricultural tractor market in 2023.
- Country-wise, India is expected to lead the global market in terms of revenue in 2030.
- In Europe, France agricultural tractor market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 2,361.9 million by 2030.
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Agricultural Tractor Market Scope
Agricultural Tractor Market Companies
| Name | Profile | # Employees | HQ | Website |
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France agricultural tractor 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 agricultural tractor market will help companies and investors design strategic landscapes.
More than 100 hp was the largest segment with a revenue share of 36.09% in 2023. Horizon Databook has segmented the France agricultural tractor market based on less than 40 hp, 41 to 100 hp, more than 100 hp covering the revenue growth of each sub-segment from 2018 to 2030.
France has a diverse agricultural landscape, ranging from large-scale arable farms to smaller family-owned operations, vineyards, and orchards. This diversity in farming practices and terrain types drives the demand for a wide range of tractor models with varying horsepower, size, and features to suit different agricultural applications.
In addition, France is one of the world's leading exporters of agricultural machinery, including tractors. French tractor manufacturers benefit from strong international demand for their products due to their reputation for quality, reliability, and innovation.
Export markets in Europe, North America, Asia, and other regions present significant growth opportunities for French tractor manufacturers, driving expansion and market development beyond domestic borders.
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Our clientele includes a mix of agricultural tractor market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the France agricultural tractor market , including forecasts for subscribers. This country databook contains high-level insights into France agricultural tractor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France agricultural tractor market size, by engine power, 2018-2030 (US$M)
France Agricultural Tractor Market Outlook Share, 2023 & 2030 (US$M)
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