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US Tractor Market Sales to Reach USD 245.05 Thousand Units by 2030: Amid Surge in Precision Farming and Green Fuel Adoption
US Tractor Market Sales to Reach USD 245.05 Thousand Units by 2030: Amid Surge in Precision Farming and Green Fuel Adoption

Globe and Mail

time6 days ago

  • Automotive
  • Globe and Mail

US Tractor Market Sales to Reach USD 245.05 Thousand Units by 2030: Amid Surge in Precision Farming and Green Fuel Adoption

"US Tractor Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to focus report store, the U.S. tractor market is growing at a CAGR of 2.03% during 2024-2030. This growth is fueled by advances in mechanization, the adoption of precision farming technologies, and supportive government policies. Emerging technologies such as real-time data monitoring, GPS, and smart sensors are enabling farmers to enhance efficiency and productivity. In addition, ongoing labor shortages and government initiatives to increase agricultural output are encouraging greater investment in modern tractors. Report Summary Market Size (2030): 245.05 Thousand Units Market Size (2024): 217.20 Thousand Units CAGR (2024-2030): 2.03% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Horsepower, Drive Type, And Geography Geographic Analysis: Northeast, Midwest, Southwest, West, And Southeast US Tractor OEMs Adopt Multi-Fuel Strategy to Meet Sustainability Targets Sustainability targets and evolving emission regulations are reshaping the US tractor market, pushing manufacturers to expand electric and alternative fuel offerings to meet demand for cleaner, more efficient machinery. Major players such as New Holland, John Deere, and Case IH are rolling out electric tractors, with Case IH's Farmall 75C already active and New Holland developing an electric T4 with autonomous capabilities. At the same time, alternative fuel solutions are gaining traction, Kubota plans to launch hydrogen-powered fuel cell tractors in 2025, while New Holland is preparing to introduce natural gas and methane-powered models. This shift marks a significant step toward reducing agriculture's carbon footprint and signals how OEMs are aligning innovation pipelines with the broader push for sustainable farming across the US. Smart Tractor Adoption Gains Momentum, Enhancing Precision and Efficiency in US Farming Adoption of smart tractors in the US is gaining momentum as farmers respond to rising pressure to increase yields, cut costs, and meet stricter sustainability targets. Modern tractors now integrate GPS, sensors, AI, and telematics systems that provide real-time insights into machine performance, fuel use, and field operations, helping farmers optimize fleet management, reduce downtime, and extend equipment life. Leading players such as Kubota and Yanmar are expanding their smart machinery portfolios to meet this demand, Kubota's tractors use telematics for theft prevention, predictive maintenance, and operational monitoring, while Yanmar is advancing electric agricultural machinery focused on zero-emission solutions and higher fuel efficiency. As farms face tighter margins and evolving environmental regulations, smart tractors are set to play a critical role in modernizing operations and supporting the industry's broader shift toward precision and sustainable farming in the years ahead. US Tractor Market: Key Developments Recent developments in the US tractor market highlight how leading OEMs are advancing smart technologies, automation, and operator-focused innovations to strengthen their competitive edge and meet evolving farming challenges. In February 2025, Kubota Corporation launched the FARMTRAC PROMAXX Tractor Series, featuring enhancements such as the Smart Pro Lift Switch, best-in-class hydraulics with helical gears and advanced lubrication, as well as improved operator comfort through upgraded floor mats and ergonomic seating. This launch reinforces Kubota's position in delivering high-performance, operator-friendly machinery. In 2024, AGCO acquired an 85% stake in Trimble Inc. for USD 2 billion, forming a joint venture aimed at accelerating the development of autonomous technologies and other advanced solutions for farm equipment. In 2024, AGCO also introduced the new S7 Series combines and updated 9RX tractors, designed to boost customer value and tackle key agricultural challenges such as labor shortages, variable weather, and rising operational costs. The S7 Series includes advanced automation packages, while the updated 9RX tractors feature new engine options to expand their appeal in the market. Regional Analysis: US Tractor Market Outlook The US tractor market is shaped by distinct regional characteristics that determine demand for modern equipment and mechanization solutions. In 2024, the Midwest remained the largest regional market, accounting for approximately 27% of total demand. Strong production of corn, soybeans, and wheat, supported by fertile soil and stable rainfall, drives consistent investment in high-capacity tractors and precision equipment. The Southwest market is expected to expand at a CAGR exceeding 2% between 2025 and 2030. Cotton production across Texas, Arizona, and New Mexico, along with specialty crops such as New Mexico's Hatch green chiles, continues to support steady equipment upgrades as farms prioritize productivity and cost control in a climate-challenged region. The Western US captured a significant market share in 2024, led by high-value crops such as almonds, grapes, and other specialty fruits and nuts. Reliance on irrigation to offset low rainfall keeps demand stable for efficient, reliable tractors and advanced attachments. The Northeast sustains tractor demand through a strong dairy sector, particularly in New York and Vermont, where modern equipment supports feed, hay, and farm management operations. The Southeast, which recorded sales of around 19,000 units in 2024, benefits from favorable soil and warm weather that enable diverse crops including cotton, peanuts, tobacco, and soybeans. Key Company Profiles AGCO Corporation CNH Industrial N.V. Deere & Company KUBOTA Corporation Other Prominent Company Profiles YANMAR HOLDINGS CO., LTD JCB Antonio Carraro Action Construction Equipment Ltd. CLAAS KGaA Deutz-Fahr ISEKI & CO.,LTD KIOTI Daedong-USA, Inc TAFE Jiangsu Yueda Intelligent Agricultural Equipment Co., Ltd. SOLIS LOVOL Sonalika Market Segmentation and Forecast Segmentation by Horsepower Less Than 50 HP 50-100 HP Above 100 HP Segmentation by Drive Type 2-Wheel-Drive 4-Wheel-Drive Segmentation by Geography The U.S. Northeast Midwest Southwest West Southeast Other Related Reports that Might be of Your Business Requirement U.S. Electric Tractor Market - Industry Outlook & Forecast 2024-2029 U.S. Tractor Tires Market - Industry Analysis & Forecast 2024-2029 What Key Findings Will Our Research Analysis Reveal? What are the significant trends in the U.S. tractor market? Who are the key players in the U.S. tractor market? What is the growth rate of the U.S. tractor market? Which region dominates the U.S. tractor market share? How big is the U.S. tractor market? About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

New Holland Combine Harvesters: Smart Harvesting for Modern Agriculture
New Holland Combine Harvesters: Smart Harvesting for Modern Agriculture

Time Business News

time20-07-2025

  • Business
  • Time Business News

New Holland Combine Harvesters: Smart Harvesting for Modern Agriculture

In agriculture, harvest time is critical. Efficiency, speed, and crop preservation all play a major role in determining a farmer's success. That's where New Holland combine harvesters stand out. Built for performance, productivity, and precision, New Holland harvesters are trusted worldwide to handle large-scale crop operations with ease. Combined with cutting-edge technology and access to over 87,012 genuine New Holland spare parts, the brand offers reliability farmers can count on. From corn and wheat to rice and soybeans, New Holland's harvesting machinery is designed to minimize crop loss, reduce fuel use, and increase throughput—season after season. The flagship CR Series Twin Rotor™ combine harvesters are recognized for their unique design and advanced harvesting systems. They set benchmarks in grain quality, capacity, and technology integration. Twin Rotor™ Technology : Delivers gentle yet efficient separation and threshing, preserving grain and straw quality. : Delivers gentle yet efficient separation and threshing, preserving grain and straw quality. IntelliSense™ System : Automatically adjusts settings based on field conditions using AI and sensor data. : Automatically adjusts settings based on field conditions using AI and sensor data. Harvest Suite™ Ultra Cab : Offers panoramic visibility, low noise levels, and supreme comfort for long harvesting days. : Offers panoramic visibility, low noise levels, and supreme comfort for long harvesting days. Dynamic Feed Roll™: Ensures consistent feeding and removes stones before they reach the rotor. These features help CR combines achieve high productivity with reduced losses and cleaner grain output. New Holland leads in precision harvesting, integrating digital systems that boost efficiency and help farmers make data-driven decisions. IntelliView™ Monitors : Display yield data, moisture levels, and real-time machine performance. : Display yield data, moisture levels, and real-time machine performance. GPS Yield Mapping : Tracks how each area of the field performs, helping farmers adjust practices for better future harvests. : Tracks how each area of the field performs, helping farmers adjust practices for better future harvests. Automatic Header Height Control : Maintains consistent header position to reduce losses and operator fatigue. : Maintains consistent header position to reduce losses and operator fatigue. Telematics Integration (PLM™ Connect): Enables remote monitoring, service alerts, and performance tracking from any location. Together, these tools turn every harvest into a smart, optimized operation. New Holland combines aren't just powerful—they're also versatile. With adjustable rotors, sieves, and headers, farmers can harvest various crop types without switching machines. Wheat Corn Rice Soybeans Canola Barley Swapping headers is easy and quick, which saves time during crop transitions. With models available for both hilly terrain and flat fields, New Holland offers harvesting solutions for all types of environments. Operators often spend long hours inside harvesters. New Holland focuses on making those hours comfortable, productive, and safe. Air suspension seat with 360° swivel Noise levels as low as 73 dB(A) LED lighting for night-time visibility Ergonomic control layout with CommandGrip™ handle Climate control and Bluetooth audio system These features reduce fatigue and boost efficiency, helping farmers stay focused throughout the entire harvesting season. Every successful harvest depends on reliable equipment. New Holland supports its customers with more than 87,012 genuine spare parts, ensuring quick access to high-quality replacements. Sieves and filters Belts, chains, and rotors Bearings and hydraulic pumps Engine components and cooling systems Header knives and guards All parts are manufactured to strict New Holland standards for perfect fit and long-term performance. Farmers can rely on fast local service and expert installation through New Holland's dealer network. 1. What makes New Holland combine harvesters unique? New Holland combines use Twin Rotor™ technology for gentle crop handling and high separation efficiency. They also feature AI-powered IntelliSense™ systems for automated adjustments. 2. Can I use a New Holland combine for multiple crops? Yes. New Holland combine harvesters can be adapted to harvest a variety of crops, including wheat, corn, rice, soybeans, and more. Swapping headers is quick and easy. 3. How do I monitor harvesting data with New Holland? IntelliView™ displays and GPS mapping allow you to monitor yield, moisture, and machine performance in real-time. This data can be stored and used for future planning. 4. What comfort features do New Holland harvesters offer? The Harvest Suite™ Ultra Cab includes an air suspension seat, low noise levels, ergonomic controls, LED lighting, and climate control to ensure comfort and safety during long hours of work. 5. Are spare parts easily available for New Holland combines? Yes. There are over 87,012 genuine New Holland spare parts available globally, ensuring fast service and long-lasting performance. When it's time to harvest, farmers need machines that are fast, reliable, and smart. New Holland combine harvesters deliver all three, with advanced features that protect grain quality, reduce waste, and maximize yield. Paired with industry-leading technology and a massive global support system, New Holland continues to be a top choice for harvesting solutions worldwide. From the first pass to the last, you can trust New Holland to power your harvest. TIME BUSINESS NEWS

CNH to announce 2025 Q2 financial results on August 1
CNH to announce 2025 Q2 financial results on August 1

Globe and Mail

time17-07-2025

  • Business
  • Globe and Mail

CNH to announce 2025 Q2 financial results on August 1

CNH to announce 2025 Q2 financial results on August 1 Basildon, July 17, 2025 CNH (NYSE: CNH) will release its financial results for the Second Quarter of 2025 on Friday, August 1, 2025. A live listen-only webcast of the financial results conference call will begin at 9:00 a.m. ET on the same day. It will be accessible here: For those unable to participate in the live session, a replay will remain archived in the Investor Relations section of the corporate website ( for 12 months. Those interested in participating in the Q&A session should connect via telephone at least 10 minutes prior to the start of the event. Dial-in numbers: U.S. Toll-Free: +1 (800) 715 9871 U.S. Local: +1 (646) 307 1963 International Local: Conference ID: 5427559 Conference name: CNH CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company's regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning, and heading technologies; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions. Across a history spanning over two centuries, CNH has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH's 35,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world. For more information and the latest financial and sustainability reports visit: For news from CNH and its Brands visit: Contacts: Media Relations Email: mediarelations@ Investor Relations Email: Attachment 20250717_PR_CNH_Q2_Announcement

How CNH Is Giving More Power to Methane
How CNH Is Giving More Power to Methane

Associated Press

time11-07-2025

  • Automotive
  • Associated Press

How CNH Is Giving More Power to Methane

CNH 's New Holland T6 Methane Power tractor is helping a Norwegian company cut its use of polluting vehicles without compromising on power. This year's Nordic World Ski Championships, in the beautiful city of Trondheim in central Norway, was disrupted by sleet, rain and slush. Huge quantities of artificial snow saved the day, but the unusually warm mid-winter weather was a stark reminder that efforts to reduce carbon emissions, which contribute to global warming, are much needed. One initiative by Trondheim City Council is to insist its contractors increase their use of non-polluting vehicles, with a target of 60% of operating hours by 2035. That has encouraged Graver, an earthworks specialist, house builder and Trondheim Council contractor, to invest in four New Holland T6 Methane Power tractors. 'We use methane-powered tractors in our contract work with the council to sweep roads and for clearing snow,' explains Svein Tore Sæther, Chief Executive of Graver. 'They were also used up at the ski championships this year, clearing snow from car parks. They're very efficient.' Graver took possession of its first methane tractor in November 2022, just as winter was setting in, adding three more shortly after. To date, its fleet of four have clocked up more than nine thousand hours of service - saving some 314 tons of CO2 emissions. They have proved virtually trouble-free compared to traditional tractors. 'They're really reliable and we've actually been able to use them for longer than the contract stipulates. I think we're up to 80% of total hours. And the drivers like them. They're responsive, powerful and smooth,' says Sæther. The T6 Methane Power was based on the diesel version and its output matches the 175 horsepower of the diesel model. According to Sæther, they cost about the same in terms of fuel-efficiency, service and maintenance. The only differences he can think of are that the methane-driven engine is slightly quieter than a diesel and the tank for the methane is attached to the front of the hood. View original content here. Visit 3BL Media to see more multimedia and stories from CNH

Why this $6 billion investment firm is diving into the hedge fund talent wars
Why this $6 billion investment firm is diving into the hedge fund talent wars

Business Insider

time07-07-2025

  • Business
  • Business Insider

Why this $6 billion investment firm is diving into the hedge fund talent wars

The competition for top investing talent is higher than ever. Megafunds like Izzy Englander's Millennium, Ken Griffin's Citadel, and Steve Cohen's Point72 offer moneymakers tens of millions in potential payouts and top-tier perks. Up-and-coming funds and new launches such as Verition, Walleye, and Jain Global are constantly scouring the landscape for investors. Explosive growth in private market assets means PE funds and new private credit firms need head count. In short, it's a labor market that favors the employee, not the employer. Englander himself called it a " talent bubble" in 2023. Despite this dynamic, $6 billion New York-based New Holland Capital is expanding from its traditional, fund-of-funds structure with a new unit focused on bringing investment talent in-house. Plum Island Partners, named after a small spit of land off Long Island discovered by Dutch explorers in the 17th century, will be run by Omar Qaiser, according to a note sent to clients seen by Business Insider. Qaiser is the former COO of investment platform North Rock Capital. "While the majority of our platform will continue to be composed of external teams, we've now established Plum Island Partners to serve as New Holland's internal trading and operations arm," the note reads. "While our focus on niche, capacity-constrained strategies will not change, this evolution allows us to expand the universe of potential PMs to include those who have no interest in running a business," the note adds. When it comes to potential payouts, small platforms cannot compete with firms like Millennium and Citadel. But there are investment strategies that can only manage a certain amount of money — say $100 million — that are not of interest to the biggest players because the potential returns are too marginal to make a difference, several smaller platforms have said. Some tenured investors are also looking for more customized risk parameters, which the largest funds struggle to offer given their organizations' size. It's why places like New Holland, among other smaller funds, have decided to bring more talent in-house even as bigger firms like Millennium increasingly allocate to external managers. "We're trying to be indifferent — we want to find good talent and have a home for them," said New Holland CEO Scott Radke, who noted that he still expects most of the firm's investors to be external. He said the manager has more than 40 external managers right now, while Plum Island has one internal PM, an equity capital markets investor. The new unit expects to add several more this year, but has no set goal. New Holland began as an investment advisor for Dutch pension plans and has since become independent. Last month, it hired former Brevan Howard executive Stephan Brohme as its chief risk officer.

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