Middle East and Africa Tractor Market 2028 – The Industry to Witness Robust Sale in the Next 6 Years, growing at a CAGR of 4.77% - Arizton

The Middle East and Africa tractor market sales to reach 109,974 units in 2028, growing at a CAGR of 4.77%. Turkey holds the largest share in the Middle East and Africa tractor market, growing at a CAGR of over 5.1% in the next 6 years.

“For further information and clarifications on the market, analyst discussion can also be arranged at the feasibility of the client.”  

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Market Overview

Money and time can be saved, and farm yields can be increased by adopting technologically advanced tractors and implements. The Middle East & African countries' government plans to increase the rate of farm mechanization among farmers, which will boost the demand and sales of new tractors. The mechanization of farms is deemed necessary in the Middle East & Africa to increase crop production. 

Governments must adopt effective and sustainable farming practices to ensure food security and safety. Developed countries implement the concept of precision agriculture to increase productivity. At the same time, the level of agricultural mechanization is still low in developing countries. Precision farming is a management concept under which crops are grown according to soil specifications. The focus on agricultural mechanization will increase the demand for tractors and the sense of accuracy in farming using technologically advanced tractors in the Middle East & Africa. 

There is a rapid increase in innovation and extensive use of robotics and AI in Middle East & African countries. The current farming method will likely be completely revolutionized using autonomous agricultural equipment and robots, performing time-consuming tasks more efficiently and effectively within the next ten years. 

Autonomous agricultural equipment is driverless and operates with minimum or no human intervention. Autonomous agricultural equipment technology is still in the developing stage. Agricultural equipment with such technology can be used to plant crops, collect real-time data, and collect pictures to monitor harvests through remote controls. Driverless or autonomous agricultural equipment is programmed to avoid obstacles, such as objects, animals, and people in the field, determine the vehicles’ speed, and navigate vehicles while performing other agricultural tasks. This equipment enables autonomous tillage in row-acre and broad-acre farming, seeding, and planting.  

Self-driving or autonomous agricultural equipment can help farmers reduce their working hours. There is also a huge potential for data monitoring. 

GPS receivers in autonomous agricultural equipment accurately determine positions up to two centimeters. This kind of accuracy is difficult to achieve with manual driving. Moreover, poor driving skills lead to the wastage of time—manually operated equipment, therefore, slower than self-driven equipment. The prospects of driverless technology are expected to revolutionize the agricultural sector in the Middle East & African countries and have the potential to become one of the most innovative technologies soon. Driverless equipment is programmed via tablets and is helpful during the harvesting period. They enable autonomous seeding, planting, and tillage with obstacle detection.  

According to CNH officials, autonomous equipment will not replace human farmers but will assist them in farming and increase productivity and operating efficiency. Furthermore, most of the tasks that farmers and farm laborers currently perform are not linked to tasks that autonomous equipment is developed to perform. 

The price of autonomous equipment is estimated to be 40%−50% higher than a conventional one. Thus, affordability will be a major challenge for farmers. However, autonomous agriculture equipment will provide better returns to farmers.

Recent Developments 

·        In March 2023, John Deere​ announced MY24 updates for its 7, 8, and 9 Series Tractors lineup that will help prepare them for the future of precision agriculture. 

·        John Deere launched the new electric variable transmission (EVT) in March 2022 for select 8 Series Tractors and a new JD14X engine for 9 Series. 

·        Massey Ferguson launched the MF 6S series tractors in February 2022. This machine provides up to 180 HP with advanced technology. 

·        CNH Industrial partnered with Monarch Tractors in March 2021, a US-based agri-technology company, to improve long-term sustainability and raise awareness of the importance of zero-emission agriculture among farmers. 

Why Should You Buy This Report? 

This report is among the few in the market that offer outlook and opportunity analyses forecast in terms of: 

·        Market Size & Forecast Volume (Units) 2020–2028 

·        Segmentation by Horsepower 

·        Segmentation by Wheel Drive 

·        Segmentation by Geography 

·        Production and trade values 

·        Major current and upcoming projects and investments 

·        Competitive intelligence about the economic scenario, advantages in the Middle East & Africa, market dynamics, and market shares 

·        Latest and innovative technologies 

·        COVID-19 impact analysis of the market 

·        Company profiles of major and other prominent vendors 

·        Middle East and Africa tractor market shares of major vendors 

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Post-Purchase Benefit  

·        1hr of free analyst discussion  

·        10% of customization   

Key Company Profiles

• John Deere
• CNH Industrial
• AGCO
• Kubota
• Mahindra
• Deutz-Fahr
• Claas
• TAFE
• V.S.T. Tillers Tractors Limited
• ISEKI & Co., Ltd.
• KIOTI
• Escorts
• Yanmar

Market Segmentation  

• Horsepower: Less Than 50 HP, 50 HP-100 HP, and Above 100 HP
• Wheel Drive: 2-Wheel-Drive and 4-Wheel-Drive
• Geography: Turkey, Saudi Arabia, South Africa, Israel, and Others

For a detailed table of contents, click: https://www.arizton.com/market-reports/middle-east-and-africa-tractor-market?details=tableOfContents

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