Argentina and Global Compact Tractors Market Size, Share, and Analysis by 2030

Historic Data: 2020-2021 | Base Year: 2022 | Forecast Period: 2023-2030

Argentina and Global Compact Tractors Market Size and Forecasts (2020 - 2030), Share, Trends, and Growth Opportunity Analysis - Report Coverage: By Capacity (Below 30 HP, 30 HP-40 HP, and 40 HP-60 HP), Drive Type (Two-Wheel Drive and Four-Wheel Drive), and End Use (Agriculture and Utility)

Report Date : Oct 2023
Report Code : TIPRE00033891

Category : Automotive and Transportation
Status : Published

Available Report Formats :

Page Updated: Jan 2024

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

Analyst Perspective:

In terms of value, the compact tractors market in Argentina was valued at US$ XX million in 2022 and is projected to reach US$ XX million by 2030; it is expected to grow at a CAGR of 3.7% during the forecast period.

Agriculture is one of the major industries of Argentina. Argentina is the world's largest soyabean oil and meal and the third largest bean exporter globally. According to the International Trade Administration (ITA), 7% of the country's GDP derives from its production of beef, wine, soy, wheat, and other cereals. The compact size of the compact tractor makes it suitable for vineyard farming. Additionally, the two-wheel drive compact tractors are commonly used for vineyard operations owing to their short turning radius. Thus, the growing wine production is driving the growth of the compact tractor market.

Argentina is one of the lucrative markets for agricultural machinery. According to the Argentine Chamber of Agricultural Machinery report, agricultural machinery sales rose by 20% in 2021 compared to the previous year. The report showed that an average of 6,000 units of tractors were sold in the last three years. Thus, Argentina is expected to offer promising growth opportunities for the compact tractor market during the forecast period.

Market Segmentation - Compact Tractors Market

SEGMENT NAME	TYPE
Capacity	Below 30 HP, 30 HP - 40 HP, 40 HP - 60 HP
Drive Type	Two-Wheel Drive, Four-Wheel Drive
End Use	Agriculture, Utility

Compact Tractors Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Key Player Analysis - Compact Tractors Market

Agro Tractors SpA
Same Deutz-Fahr Italia SpA
Iseki and Co Ltd
LS Mitron Ltd
Yanmar Holding Co Ltd
AGCO Corp
CNH Industrial NV
Deere & Co
Kubota Corp
Mahindra and Mahindra

are the key Compact Tractors Market players profiled in the report.

Argentina and Global Compact Tractors Report Scope

Report Attribute	Details
Market size in 2022	US$ XX Million
Market Size by 2030	US$ XX Million
CAGR (2022 - 2030)	3.7%
Historical Data	2020-2021
Forecast period	2023-2030
Segments Covered	By Capacity Below 30 HP 30 HP-40 HP 40 HP-60 HP By Drive Type Two-Wheel Drive and Four-Wheel Drive By End Use Agriculture and Utility
Regions and Countries Covered	Argentina Argentina
Market leaders and key company profiles	Agro Tractors SpA Same Deutz-Fahr Italia SpA Iseki and Co Ltd LS Mitron Ltd Yanmar Holding Co Ltd AGCO Corp CNH Industrial NV Deere & Co Kubota Corp

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Argentina and Global Compact Tractors Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Regional, Country
Industry and Competitive Landscape
Excel Dataset

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