Global Tractor Market Outlook Report 2023-2029: Increased Focus on Smart & Autonomous Tractors

Key Facts

• The global agricultural tractor market witnessed shipments of 2,054.8 thousand units in 2023 and is expected to grow at a CAGR of 3.76% from 2023-2029.
• The global tractor market is expected to witness growth in the coming years due to various factors such as population growth, urbanization, and changing dietary patterns.
• Overall, the global tractor market is expected to grow as agriculture continues to modernize and adapt to the changing needs of the world's population.
• Europe also holds a significant share of the global tractor market, with diverse agricultural practices and landscapes across its member countries.

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