남미의 농업용 트랙터 기계 : 시장 점유율 분석, 업계 동향과 통계, 성장 예측(2026-2031년)

According to Mordor Intelligence, the South America agricultural tractor machinery market size was valued at USD 4.20 billion in 2025 and estimated to grow from USD 4.55 billion in 2026 to reach USD 6.79 billion by 2031, at a CAGR of 8.34% during the forecast period (2026-2031).

This report is Segmented by Machinery Type (Plowing and Cultivating Machinery, Planting Machinery, Haying and Forage Machinery, Sprayers, and Other Types) and Geography (Brazil, and More). The Market Forecasts are Provided in Terms of Value (USD).

South America Agricultural Tractor Machinery Market Trends and Insights

Robust Government Credit Lines for Mechanization

Brazil's Moderfrota program, managed by the Brazilian Development Bank (BNDES), earmarked around USD 2.3 billion for the 2024/25 crop year at interest rates between 7% and 10.5%. The allocation rose 15% from the previous cycle and filled the gap left by an 8% drop in commercial bank lending. Argentina's Banco de la Nacion Argentina extended USD 1.2 billion in machinery loans, yet peso devaluation trimmed purchasing power and narrowed growers' shopping lists. Paraguay's Credito Agricola de Habilitacion disbursed funds in 2024 and channeled almost one-quarter into equipment, reflecting the nation's plan to double soybean exports by 2030. Captive finance subsidiaries of CNH Industrial and John Deere are leveraging these programs to package below-market loans with bundled service plans that lock in brand loyalty.

Rising Commercial Soybean Acreage in Brazil and Argentina

Brazil's soybean area reached 47-48.2 million hectares for the 2024/25 cycle, up from 46.3 million hectares in the prior year. Argentina followed with a 7% jump to 44 million acres, pushing regional output to 237.8 million metric tons. Double-cropping systems compress planting windows, which favors high-capacity planters, autonomous sprayers, and harvesters equipped with yield monitors. Farms in MATOPIBA routinely span 2,000-5,000 hectares and require machinery that can work around frequent rain events. Precision planting lifted yields 5-10% according to Argentina's National Institute of Agricultural Technology (INTA), reinforcing the value proposition of variable-rate technology for both seed and crop protection inputs. Robust crush margins and steady Chinese demand keep cash flow healthy, driving machinery reinvestment rates that are 30% greater than for other crops.

Currency-Exchange Volatility Inflating Imported Component Prices

The Brazilian real weakened 11% against the United States dollar during 2024, lifting the landed cost of imported engines, transmissions, and hydraulic subsystems that form up to half of a tractor's bill of materials. Argentina's peso depreciation accelerated to 25% per month by late 2024, forcing OEMs to reprice every six weeks and pushing many growers to delay purchases. Colombia's peso lost 8%, adding USD 3,000-5,000 to the price of imported planters and sprayers. Local assembly cushions part of the shock, yet electronic control units and precision guidance modules still rely on offshore suppliers. OEMs are testing local-currency supply contracts and fast-tracking regional sourcing, but meaningful localization takes at least two seasons to execute.

Other drivers and restraints analyzed in the detailed report include:

1. Labor Scarcity Driving Demand for Self-Propelled Equipment
2. OEM Financing Arms Lowering Total Cost of Ownership
3. Fragmented Land-Holding Patterns Limiting Large-Equipment Penetration

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Plowing and cultivating equipment generated the largest slice of the South America agricultural tractor machinery market size, accounting for 33.35% of 2025 revenue, as conventional tillage remained prevalent across Brazil's Cerrado and Argentina's Pampas. Strip-till adoption softens but does not yet displace deep-plowing demand, especially where double-cropping squeezes field preparation into narrow weather windows. Manufacturers capitalize by offering reversible plows and heavy-duty cultivators engineered for clay soils and high residue loads that characterize soybean-corn rotations. On farms experimenting with no-till, shallow cultivators equipped with residue managers find niche demand that preserves soil structure while improving seedbed quality.

Sprayers are the fastest-growing category, projected to log a 10.11% CAGR through 2031 and steadily capture a larger share of the South America agricultural tractor machinery market. Artificial-intelligence weed-detection systems from Cromai cut herbicide use up to 65% and appeal to growers facing rising input costs. Self-propelled platforms with 40-meter booms and customizable nozzle banks dominate purchases on estates above 1,500 hectares. Plug-and-play retrofits push growth farther down the acreage ladder, as mid-sized farmers outfit existing chassis with spot-spray modules that upgrade performance for a fraction of the replacement cost. Manufacturers offering broad telematics compatibility unlock data-driven agronomy services that deepen client stickiness.

Complete Report Scope:

• By Machinery Type
  • Plowing and Cultivating Machinery
    • Plows
    • Harrows
    • Rotovators and Cultivators
    • Other Plowing and Cultivating Machinery
  • Planting Machinery
    • Seed Drills
    • Planters
    • Spreaders
    • Other Planting Machinery
  • Haying and Forage Machinery
    • Mowers and Conditioners
    • Balers
    • Other Haying and Forage Machinery
  • Sprayers
  • Other Types

List of Companies Covered in this Report:

1. Deere & Company
2. CNH Industrial N.V.
3. AGCO Corporation
4. Kubota Corporation
5. Mahindra & Mahindra Ltd.
6. Yanmar Holdings Co., Ltd.
7. SDF Group
8. Grupo Jacto
9. Stara S/A Industria de Implementos Agricolas
10. Grupo Agrale
11. LS Mtron Tractors
12. Claas KGaA mbH
13. Kuhn Group (Bucher Industries)

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 Introduction

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 Research Methodology

3 Executive Summary

4 Market Landscape

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Robust government credit lines for mechanization
  • 4.2.2 Rising commercial soybean acreage in Brazil and Argentina
  • 4.2.3 Labor scarcity driving demand for self-propelled equipment
  • 4.2.4 OEM financing arms lowering total cost of ownership
  • 4.2.5 Precision-ag retrofit kits boosting attachment sales
  • 4.2.6 Carbon-smart farming subsidies for low-HP machinery
• 4.3 Market Restraints
  • 4.3.1 Currency-exchange volatility inflating imported component prices
  • 4.3.2 Fragmented land-holding patterns limiting large equipment penetration
  • 4.3.3 Slow roll-out of Tier III emission norms
  • 4.3.4 Gray-market inflow of used tractors undermining new sales
• 4.4 Regulatory Landscape
• 4.5 Technological Outlook
• 4.6 Porter's Five Forces
  • 4.6.1 Bargaining Power of Suppliers
  • 4.6.2 Bargaining Power of Buyers
  • 4.6.3 Threat of New Entrants
  • 4.6.4 Threat of Substitutes
  • 4.6.5 Intensity of Competitive Rivalry

5 Market Size and Growth Forecasts (Value)

• 5.1 By Machinery Type
  • 5.1.1 Plowing and Cultivating Machinery
    • 5.1.1.1 Plows
    • 5.1.1.2 Harrows
    • 5.1.1.3 Rotovators and Cultivators
    • 5.1.1.4 Other Plowing and Cultivating Machinery
  • 5.1.2 Planting Machinery
    • 5.1.2.1 Seed Drills
    • 5.1.2.2 Planters
    • 5.1.2.3 Spreaders
    • 5.1.2.4 Other Planting Machinery
  • 5.1.3 Haying and Forage Machinery
    • 5.1.3.1 Mowers and Conditioners
    • 5.1.3.2 Balers
    • 5.1.3.3 Other Haying and Forage Machinery
  • 5.1.4 Sprayers
  • 5.1.5 Other Types

6 Competitive Landscape

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (Includes Global Level Overview, Market Level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products & Services, and Recent Developments)
  • 6.4.1 Deere & Company
  • 6.4.2 CNH Industrial N.V.
  • 6.4.3 AGCO Corporation
  • 6.4.4 Kubota Corporation
  • 6.4.5 Mahindra & Mahindra Ltd.
  • 6.4.6 Yanmar Holdings Co., Ltd.
  • 6.4.7 SDF Group
  • 6.4.8 Grupo Jacto
  • 6.4.9 Stara S/A Industria de Implementos Agricolas
  • 6.4.10 Grupo Agrale
  • 6.4.11 LS Mtron Tractors
  • 6.4.12 Claas KGaA mbH
  • 6.4.13 Kuhn Group (Bucher Industries)

7 Market Opportunities and Future Outlook