Market Size of Orchard Type Tractors Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 12.56 Billion |
| Market Size (2029) | USD 15.65 Billion |
| CAGR (2024 - 2029) | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Orchard Type Tractors Market Analysis
The Orchard Type Tractors Market size is estimated at USD 12.56 billion in 2024, and is expected to reach USD 15.65 billion by 2029, growing at a CAGR of 4.5% during the forecast period (2024-2029).
- Increasing farm mechanization rates, especially in developing countries, and the rise in farm labor cost are the major factors attributing the growth of the market studied.
- North America occupies the major share in orchard tractors market.The rising trend of homegrown fruits and vegetable in this region is the key driver for the market growth.
- Deere & Company,CNH Industrial N.V.,Mahindra & Mahindra Ltd andTractor, and Farm Equipment Limited are some of the global players who are operating in this market.
