Turkey Agricultural Tractor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Turkey Agricultural Tractor Market Report is Segmented by Horsepower (Less Than 50 HP, 51 To 75 HP, 76 To 100 HP, 151 HP To 200 HP, and More Than 100 HP). The Report Offers the Market Size and Forecasts in Terms of Value in USD for all the Above Segments.

Turkey Agricultural Tractor Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Turkey Agricultural Tractor Market Size

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Turkey Agricultural Tractor Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Size (2025) USD 1.90 Billion
Market Size (2030) USD 2.50 Billion
CAGR (2025 - 2030) 5.60 %
Market Concentration High

Major Players

Turkey Agricultural Tractor Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Turkey Agricultural Tractor Market with other markets in Agriculture Industry

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Turkey Agricultural Tractor Market Analysis

The Turkey Agricultural Tractor Market size is estimated at USD 1.90 billion in 2025, and is expected to reach USD 2.50 billion by 2030, at a CAGR of 5.6% during the forecast period (2025-2030).

  • Turkey's agricultural tractor market plays a vital role in the nation's expansive agricultural sector, which is one of the largest globally. Agriculture significantly bolsters Turkey's economy, impacting employment, rural development, and food security. Tractors, essential for farm mechanization, enhance productivity and efficiency in a nation cultivating over 30 million hectares.
  • Turkey's tractor market sees robust demand for both domestic and imported models, spurred by the push for mechanization across its varied agricultural landscapes. Tractors find applications in grain cultivation, horticulture, orchards, and livestock farming. As farms trend toward commercialization, there's a notable shift to medium and high-horsepower models.
  • In recent years, Turkey has emerged as one of Europe's largest tractor markets, with annual sales ranging between 50,000 to 70,000 units, according to Turkish government statistics. With agriculture contributing 6-7% to the GDP and employing about 17% of the workforce, the push for mechanization is evident. Tractors are central to this evolution, facilitating efficient land use and boosting productivity.
  • Furthermore, the Turkish government actively bolsters the agricultural tractor market, offering subsidies, grants, and low-interest loans to farmers for new machinery purchases. Initiatives like the Agricultural Mechanization Support Scheme motivate farmers to upgrade their equipment, fueling demand for newer tractor models. Turkey's state-owned Ziraat Bank plays a pivotal role in this landscape, offering loans for tractors and agricultural mechanization. In 2023, Ziraat Bank extended TL 40.8 billion (USD 1.19 billion) in tractor loans to nearly 62,000 customers, underscoring its commitment to enhancing agricultural mechanization for improved efficiency and profitability.

Turkey Agricultural Tractor Industry Overview

The Turkish agricultural tractor market is consolidated, with major players such as Erkunt Traktor Sanayii AS, Hattat Holding AS, AGCO Corporation, CNH Industrial NV, and Tumosan Tractors. New product launches, partnerships, and acquisitions are the major strategies adopted by the leading companies in the market globally.

Turkey Agricultural Tractor Market Leaders

  1. Erkunt Traktör Sanayii AS

  2. Hattat Holding AS

  3. AGCO Corporation

  4. CNH Industrial NV

  5. Tumosan Tractors

  6. *Disclaimer: Major Players sorted in no particular order
Turkey Agricultural Tractor Market Concentration
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Turkey Agricultural Tractor Market News

  • May 2024: SDF, a leading global manufacturer of tractor diesel engines, inaugurated a sprawling 10,000-square-metre facility in Bandirma, Turkey. This state-of-the-art factory is primarily focused on producing FARMotion engines and precision machining.
  • March 2024: AGCO and AgRevolution showcased new solutions from Fendt, Massey Ferguson, and Hesston by Massey Ferguson at National Farm Machinery in Louisville, Kentucky.

Turkey Agricultural Tractor Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Cost of Farm Labor
    • 4.2.2 Increasing Government Initiatives
    • 4.2.3 Technological Advancements
  • 4.3 Market Restraints
    • 4.3.1 Rising Cost of Fuel and Input
    • 4.3.2 Environmental and Regulatory Challenges
  • 4.4 Porter's Five Forces Analysis
    • 4.4.1 Bargaining Power of Suppliers
    • 4.4.2 Bargaining Power of Buyers
    • 4.4.3 Threat of New Entrants
    • 4.4.4 Threat of Substitutes
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION

  • 5.1 Horse Power
    • 5.1.1 Less Than 50 HP
    • 5.1.2 51 HP to 75 HP
    • 5.1.3 76 HP to 100 HP
    • 5.1.4 151 HP to 200 HP
    • 5.1.5 More Than 100 HP

6. COMPETITIVE LANDSCAPE

  • 6.1 Most Adopted Strategies
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles
    • 6.3.1 Erkunt Traktr Sanayii AS
    • 6.3.2 CNH Industrial NV
    • 6.3.3 Tumosan Tractors Europe
    • 6.3.4 Uzel Corporation
    • 6.3.5 Hattat Holding AS
    • 6.3.6 AGCO Corporation
    • 6.3.7 Turk Tractor and Agricultural Machinery Corporation
    • 6.3.8 Deere & Company
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Turkey Agricultural Tractor Industry Segmentation

The agriculture tractor is a self-propelling vehicle used principally for agricultural purposes. For this report, the tractor used in agricultural operations has been considered. The Turkey Agricultural Tractor Market is segmented by horsepower (Less Than 50 HP, 51 to 75 HP, 76 to 100 HP, 151 HP to 200 HP, and More Than 100 HP). The report offers the market size and forecasts in terms of value in USD for all the above segments.

Horse Power Less Than 50 HP
51 HP to 75 HP
76 HP to 100 HP
151 HP to 200 HP
More Than 100 HP
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Turkey Agricultural Tractor Market Research FAQs

How big is the Turkey Agricultural Tractor Market?

The Turkey Agricultural Tractor Market size is expected to reach USD 1.90 billion in 2025 and grow at a CAGR of 5.60% to reach USD 2.50 billion by 2030.

What is the current Turkey Agricultural Tractor Market size?

In 2025, the Turkey Agricultural Tractor Market size is expected to reach USD 1.90 billion.

Who are the key players in Turkey Agricultural Tractor Market?

Erkunt Traktör Sanayii AS, Hattat Holding AS, AGCO Corporation, CNH Industrial NV and Tumosan Tractors are the major companies operating in the Turkey Agricultural Tractor Market.

What years does this Turkey Agricultural Tractor Market cover, and what was the market size in 2024?

In 2024, the Turkey Agricultural Tractor Market size was estimated at USD 1.79 billion. The report covers the Turkey Agricultural Tractor Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Turkey Agricultural Tractor Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Turkey Agricultural Tractor Industry Report

Statistics for the 2025 Turkey Agricultural Tractor market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Turkey Agricultural Tractor analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.

Turkey Agricultural Tractor Market Report Snapshots