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Base Year
Historical Year
Forecast Year
Value in thousand units
2024-2032
Australia Tractors Market Outlook
*this image is indicative*
Tractors in Australia tractors market analysis are vehicles designed to deliver a pulling force at slow speeds for hauling machinery in agriculture, construction, or mining industries. Tractors are the most essential farm machines; they play an important aspect in the growth of the agriculture industry. Tractors also play a significant role in modern agriculture. In the agriculture industry, they perform various tasks such as clearing bushes, spreading fertilisers, etc., that have increased efficiency. The market is driven by technological advancements such as crop management and farm management that have led to the growth of the agriculture Industry.
Australia Tractor Market Summary | Description | Value |
Base Year | Thousand Units | 2023 |
Historical period | Thousand Units | 2018-2023 |
Forecast Period | Thousand Units | 2024-2032 |
Market Size 2023 | Thousand Units | 14.9 |
Market Size 2032 | Thousand Units | 20.5 |
CAGR 2018-2023 | Percentage | XX% |
CAGR 2024-2032 | Percentage | 3.6% |
CAGR 2024-2032 - Market by Region | New South Wales | 4.1% |
CAGR 2024-2032 - Market by Region | Queensland | 3.7% |
CAGR 2024-2032 - Market by Drive Type | Two-Wheel Drive | 3.9% |
CAGR 2024-2032 - Market by Application | Agriculture | 3.9% |
Market Share by Region | Victoria | 16.4% |
According to the World Bank, Australia’s agriculture, forestry, and fishing industry’s percentage share of GDP has increased from 2% in 2020 to 2.7% in 2022.
The Australia tractor market is growing with rising demand for self-driving tractors and autonomous vehicles due to the increasing farm cash incomes, sustainable connectivity, and technological advancements.
Farm Cash Income
The tractor market in Australia is directly correlated with the growing farm cash incomes. The farm cash income is estimated to reach around AUD 316,800 in 2022-2023.
Australia tractor market developments are attributed to Innovative tractor designs. For instance- Mahindra launched the OJA lightweight tractor platform to serve segments such as horticulture and paddy.
The adoption of self-driving tractors and autonomous farm vehicles is the future of farming as it offers reduced labour costs, greater precision, and efficiency in farming practices.
Zetifi enables extensive Wi-Fi access on farms with antenna arrays, transforming tractors into roaming Wi-Fi hubs with a 5 km range, enhancing internet coverage across agricultural landscapes.
CASE IH's new model MY24 AFS Connect Steiger will launch in Australia by the end of this year.
John Deere announced its plan to launch an electric autonomous tractor in Australia by 2026.
Indian brand Solis tractors have returned to Australia under the distributorship of PFG Australia with the everyday tractor range and prime tractor range unveiled on Henty Field Days in Henty, New South Wales.
PFG Australia serves tractor and machinery markets and has announced its partnership extension with tractor specialist, Versatile for at least five more years.
The Australia tractor market growth is driven by innovative and specifically designed engineered tractors. Self-driving tractors and autonomous vehicles are launched to assist in farm operations such as spreading fertilisers, clearing bushes, etc., which increases efficiency. For instance, GOtrack Technology has been practised in tractors, in this the GOtrack controllers are being replaced by a driver and the tractor can be monitored by smartphone.
A paradigm shift in the Australia tractor market has given rise to revolutionary change in the efficiency and productivity of the agriculture industry by providing reduced labour costs, greater precision, and technological advancements.
Australia Tractor Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Drive Type
Market Breakup by Engine Power
Market Breakup by Propulsion
Market Breakup by Application
Market Breakup by Region
Based on the drive type, four-wheel drive-type tractors are versatile and efficient. It includes various features that propel the Australia tractor market growth.
Four-wheel drive-type tractors have improved traction as there are fewer chances of going off balance.
The two-wheel drive type tractors are lighter and cost-effective, they perform lighter tasks efficiently. There are prominent key factors that affect the Australia tractor market growth, such as growing farm incomes, and an increase in the advancement of tractor technology.
Based on propulsion type, the development of electric and hybrid tractors decreases farm operation costs and increases productivity and efficiency.
Tractors are multipurpose machines used in different industries for various purposes such as livestock management, transportation, landscaping, etc.
Based on application type, the Australia tractor market share is dominated by agriculture.
In the agriculture industry, introducing tractors has changed farming practices, as tractors can work efficiently on diverse terrains.
The Australia tractor market has made Australia's agriculture sector modern and technologically driven. Autonomous tractors are used in agriculture and industrial sectors as they are installed with drone technology, GPS, and controllers. In the mining and construction industries tractors are used to lift heavy materials, dig holes, and move debris.
Companies are a producer and manufacturers of construction, forestry and agricultural equipment, manufacturers of agricultural machines producers of lightweight and heavyweight commercial vehicles.
John Deere Limited, founded in 1837 and headquartered in the United Kingdom, is a producer and manufacturer of construction, forestry and agricultural equipment and solutions and develops engines and drivetrain components.
Deutz-Fahr Australia manufactures agricultural machines that are adaptable to all kinds of operating conditions and help in modern farming.
Mahindra Automotive Australia Pty. Ltd. is a leading manufacturer and producer of lightweight and heavyweight commercial vehicles, multiutility vehicles, two-wheeled motorcycles, and tractors.
Kubota Australia Pty Ltd provides construction, agriculture, and power equipment and provides advanced technologies that have powerful performance with reduced emission levels.
Other Australia tractor market key players are CFC Holdings Pty Ltd and Branson Tractors, among others.
According to ABARES, wheat is the major producing grain in Australia in the year 2020-2021 as new technologies, farming, and management practices were adopted. According to USDA, Western Australia (37%) produces the largest portion of wheat in Australia following New South Wales (28%), and Victoria (15%), among others. Australia tractor market demand increases as agricultural production increases.
CAGR 2024-2032 - Market by | Region |
New South Wales | 4.1% |
Queensland | 3.7% |
Western Australia | 3.4% |
Victoria | XX% |
Australian Capital Territory | XX% |
Others | XX% |
The newly and specifically designed engineered tractors have increased productivity while offering reduced labour costs, efficiency, and precision. This has driven the growth of the agriculture industry increasing the Australia tractor market.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The Australia tractor market was estimated at 14.94 thousand units in 2023.
The market is projected to grow at a CAGR of 3.56% between 2024 and 2032.
The market is expected to reach 20.47 thousand units in 2032.
Based on propulsion, the tractor market is bifurcated into internal combustion engines and electric and hybrid.
Key players in the industry are John Deere Limited, Deutz-Fahr Australia, Mahindra Automotive Australia Pty. Ltd., Kubota Australia Pty Ltd, CFC Holdings Pty Ltd, and Branson Tractors, among others.
Based on the drive type, the tractor market is divided into two-wheel drive and four-wheel drive.
The different engine types in the tractor market include less than 35 HP, 36 HP -100 HP, 101 HP – 200 HP, 201 HP – 350 HP, and greater than 350 HP.
The market is broken down into several regions such as New South Wales, Victoria, Queensland, Australian Capital Territory, Western Australia, and others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
Report Features | Details |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Drive Type |
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Breakup by Engine Power |
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Breakup by Propulsion |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Trade Data Analysis |
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Competitive Landscape |
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Companies Covered |
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