Some of the most popular tractor brands on the market include China Yituo, Weichai Lovol, World Agricultural Machinery, and John Deere.
The following is a detailed introduction:
China Yituo: It is a well - known brand in China's agricultural machinery industry.
In 2024, the subsidy - based sales of Yituo Dongfeng tractors were 47,851 units, accounting for 21.38% of the market share, ranking first in terms of subsidy - based sales.
Its tractors cover a wide range of horsepower segments and are the best - selling in many provinces and autonomous regions in China, such as Henan, Hebei, and Shandong.
Weichai Lovol: It is also a leading brand in the domestic tractor market. In 2024, the subsidy - based sales of Weichai Lovol tractors were 44,086 units, with a market share of 19.70%, ranking second.
This brand has a strong performance in various horsepower segments, especially in the high - horsepower segment. It is the best - selling in 15 provinces and autonomous regions, including Heilongjiang, Inner Mongolia, and Gansu.
World Agricultural Machinery: In 2024, the subsidy - based sales of World Agricultural Machinery (including Jiangsu World and World Shenyang) tractors were 19,721 units, accounting for 8.81% of the market share, ranking third.
Its tractors are popular in Inner Mongolia, Henan, Jilin and other places, and have a certain market competitiveness in the medium - horsepower segment.
John Deere: It is a globally renowned agricultural machinery brand. It holds a significant market share in the European market. For example, in Spain in 2024, John Deere accounted for more than 20% of the market share, ranking first.
In the Chinese market, John Deere also has a certain number of users, especially in the high - end tractor market segment.
Fendt: It is a well - known brand in the European tractor market.
In 2024, it successfully defended its market - leading position in the German market, delivering 7,391 units, an increase of 20.4% year - on - year, and accounting for slightly more than 25% of the market share.
In the Spanish market, Fendt's market share is 8%, ranking third, and it has achieved the largest growth among the main brands, with an increase of up to 32%.
New Holland: It has a high popularity in the European market.
In Italy, New Holland is the market leader. Although its registrations decreased by 5.3% in 2024, it still defended its market position and increased its market share to 17.6%.
In Portugal, New Holland regained the market - leading position with a 64% increase in sales, and its market share increased to 18.1%.
