The India tractor market is classified based on application type, power output, drive type, and region. In terms of application type, the market is divided into agriculture and construction, mining, and logistics. The agriculture sector holds the majority share of the tractor market in the country due to its versatile use in activities such as plowing, tilling, and planting. The agriculture application segment is expected to continue witnessing robust growth in the coming years.
Power output is another important criterion for categorizing tractors, with ratings below 40HP and 41HP to 100HP being the two main segments. Currently, tractors with a power output under 40HP dominate the market due to cost considerations. Mechanized farming is most prevalent in the northern and western parts of India, making the North region the dominant player in the country's tractor market, followed by the West region.
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