Chigaco, March 31, 2022 (GLOBE NEWSWIRE) — The world is changing rapidly due to increasing innovation, and the extensive use of robotics and AI is transforming all aspects of life. In the next 10 years, the current way of farming will be completely revolutionized using autonomous tractors and agricultural robots, which will operate much more efficiently than humans.

According to the latest research report from Arizton, the German tractor market will grow at a CAGR of 5% during the period 2022-2028. Financial support to farmers through loans and grants and growth in agricultural productivity and exports are the main drivers of the market.

Scope of the Germany Tractor Market Report

REPORT ATTRIBUTES	DETAILS
MARKET SIZE (2028)	45 thousand units
CAGR (2022-2028)	5%
YEAR OF REFERENCE	2021
FORECAST YEAR	2022-2028
MARKET SEGMENTS	Power, training type and zones
KEY SUPPLIERS	John Deere, CNH Industrial, AGCO, Kubota and TAFE

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A new frontier of innovation is emerging as agriculture meets digital technologies, opening various paths towards a smart farming trend. Tractor manufacturers are becoming very competitive and companies are constantly striving to innovate and provide product differentiation at affordable prices. Currently, tractors have advanced technology developed by agricultural equipment manufacturers to collect data and use it for analysis in real-time applications. GPS and remote sensing have made farming more precise and productive.

Autonomous tractors
New Holland announced an autonomous tractor in 2018. With autonomous, GPS-enabled tractors, farmers can program routes to help navigate their way through the field. The farmer can drive hands-free while navigating more precisely and can manage other aspects of his business from the tractor cab.

GPS technology
GPS technology on tractors and other equipment helps farmers map fields, sample soils and locate crops. It also allows them to work in low visibility field conditions such as rain, dust and fog and maximize efficiency. One of the major manufacturers, John Deere, installed GPS technology in its tractors in 2001.

Increased use of unconventional fuel in tractors

The agricultural tractor market is seeing a huge demand for tractors running on different fuels. Tractor sales are affected by fluctuating prices for conventional fuels such as diesel. Therefore, manufacturers are focusing their efforts on developing tractors that run on alternative fuels. Tractors now run on liquefied natural gas (LNG), compressed natural gas (CNG), propane, diesel and kerosene, all of which are available and growing in popularity.

Growing concerns about environmental pollution are fueling the demand for biodiesel tractors. Farmers increasingly prefer biodiesel tractors due to their lower operating costs as they require less maintenance. Tractor OEMs are increasingly investing in R&D to manufacture alternative fuel tractors.

Tractor market in Germany Segmentation

Market segmentation by power

• Less than 50 HP
• 50–100 HP
• 101–150 HP
• 151-200 HP
• 201-300 HP
• 301-400 HP
• Above 400 HP

Market segmentation by Reader type

• 2 wheel drive
• 4 wheels driving

Market segmentation by Zoned

• Area I
• Area II
• Area III
• Area IV

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Key offers:

• Market Size and Forecast by Revenue | 2022−2028
• Market Dynamics – Key Trends, Growth Drivers, Restraints and Investment Opportunities
• Market Segmentation – A Detailed Analysis by Power, Drive Type and Zones
• Competitive landscape – 5 key suppliers and 7 other important suppliers

Financial aid youo Farmers through loans and grants

Agriculture is a major source of income for the German economy, and the government supports and empowers German farmers. There is a growing need to improve agricultural policies to support the development and mechanization of farms and farmers. Agricultural mechanization is the process of implementing agricultural machinery to increase productivity.

Until 2019, Europe spent around 40% of its budget to provide subsidies for agriculture, but the money allocated did not really benefit farmers. European countries are now working to make the Common Agricultural Policy (CAP) more inclusive and more favorable to younger generation farmers. Training the next generation of farmers will enhance and promote healthy competition in Europe, enabling a sustainable food supply over a longer period.

Europe has several programs designed to encourage young people to become next generation farmers; most importantly, funding is provided through the CAP to help young farmers start and grow their farming business. Support through the CAP is provided to farmers under the age of 40. This aid is granted for a fixed period and can be granted for up to five years.

Germany Tractor Market Vendor Analysis

The agricultural tractor market in Germany counts on the presence of established players in various segments, including open fields and vineyards. In terms of value, John Deere, Fendt and Deutz-Fahr led the German tractor market with a collective market share of over 48%. These players thrive on innovation in the tractor market by investing in the development of advanced tractor technologies for precision farming and machine automation.

John Deere has equipped many models with GPS, location tracking, image sensors and telematics to aid in field navigation. The company has also equipped its S700 with features to autonomously adjust harvesting equipment to crop conditions. Suppliers like ARGO and John Deere offer direct financing to farmers to encourage them to purchase tractors and other related farm machinery.

John Deere, Fendt and Deutz-Fahr target farmers in developing agrarian states by providing high horsepower tractors with technologically advanced features. After acquiring IMT Tractors, one of the leading tractor manufacturers in Serbia and a manufacturing plant in Turkey, TAFE gained access to the market for tractors under 100 HP in Europe.

Main suppliers :

• John Deere
• CNH Industrial
• AGCO
• Kubota
• TAFE

Other Important Suppliers

• MSDS
• AS
• ISEKI
• Deutz-Fahr
• Mahindra and Mahindra
• Yanmar
• The Escort Group

Explore our automotive mobility profile to learn more about the industry.

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