8 World’s Largest Agricultural Tractor Companies in 2026

8 World’s Largest Agricultural Tractor Companies- As we all know, heavy equipment and agricultural tractors are important equipment that support agricultural cultivation. Its existence can encourage farming activities to become more effective and efficient so that the economic income obtained is more optimal. With advanced equipment, the process of cultivating plants and animals can be conducted on a large scale but at lower costs.

During this time, many large companies have created tractors and sophisticated agricultural equipment to make it easier for farmers to conduct their cultivation activities. Here are the 8 Largest Agricultural Tractor Companies in the World in 2026. Maybe all of us know these companies.

1. Deere and Company

Deere and company or commonly known as John Deere is an agricultural tractor and heavy equipment company which has its head office in Moline, Illinois, United States with a total employee around 82 thousand worldwide. Based on its history, this company was founded in 1837 by John Deere who was a blacksmith.

Deere & Company- One of The World’s Largest Agricultural Tractor Companies in 2026

Until now, John Deere has been one of the largest giant tractor companies that has a wide market share in the heavy equipment and agricultural industries. Some of its heavy equipment focuses on the agricultural, livestock and forestry sectors. Commonly, Deere and Company has 4 business segments including Production & Precision Agriculture, Small Agriculture & Turf, Construction & Forestry, Financial Services. In Production & Precision Agriculture, Deere & Company has some tractor products and equipment including 4WD/track and row crop tractors, Harvesters, Cotton Pickers and Cotton Strippers, Sugarcane Harvesters, Sugarcane Loaders, Soil Preparation, Tillage, Seeding, Application, and Crop Care Equipment. Furthermore, in Small Agriculture & Turf, Deere and Company has some tractors and equipment, namely, Specialty, Utility, and Compact Tractors, Self-Propelled Forage Harvesters and Attachments, Hay and Forage Equipment, Rotary Mowers, Utility Vehicles, Riding Lawn Equipment and Commercial Mowing Equipment, Golf Course Equipment. Outside the agricultural industry, Deere & Company also has some tractor and heavy equipment products especially in Construction & Forestry industry including Backhoe Loaders, Crawler Dozers and, Loaders, Skid Steers, Four-Wheel-Drive, Loaders, Compact Wheel Loaders, Excavators and Compact Excavators, Equipment used in Timber Harvesting, Road Building and Road Rehabilitation Equipment, Articulated Dump Trucks and Motor Graders.

Apart from the John Deere brand, Deere and Company also has several heavy equipment brands such as Wirtgen group, Mazzoti, PLA, Monosem, Hagie, Wirtgen and other agribusiness companies as well as battery companies Kreiser (battery companies). Financially, in 2025, according to the annual report, John Deere’s total assets reached USD 105.9 billion with total liabilities of around USD 79.9 billion. In terms of business performance in 2025, Deere & Company successfully gained total revenues reaching USD 45.6 billion. In addition, the net income achieved by John Deere reached USD 5 billion.

2. AGCO Corporation

Founded in 1990, AGCO still becomes one of the world's leaders in agricultural machinery and precision agriculture technologies headquartered in Duluth, Georgia, United States. Commonly, AGCO delivers its products through some differentiated leading brands, Fendt™, Massey Ferguson™, PTx™ and Valtra™. Commonly, the products of AGCO Corporation include tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment. As of 2025, AGCO can distribute most of our products through approximately 2,800 independent dealers and distributors in approximately 140 countries.

AGCO Corporation - One of The World’s Largest Agricultural Tractor Companies in 2026

Financially, in the year 2025, AGCO Corporation has total assets of around USD 11.9 billion with total liabilities of around USD 7.35 billion. In terms of business performance in 2025, AGCO Corporation successfully gained total revenue of around USD 10 billion with net income of around USD 0.72 billion.

3. CNH industrial

CNH Industrial N.V. was formed in 2013 by the business combination transaction between Fiat Industrial S.p.A. and its subsidiary CNH Global N.V. Commonly, CNH still becomes one of the world's leading global equipment companies that develop, manufacture, and sell agricultural and construction tractor and equipment. Specifically, in the agriculture segment, CNH Industrial develops, manufactures, distributes, and supports a full line of agriculture equipment, implements and precision agriculture solutions with some brands and products namely Case IH, New Holland, STEYR, Raven.

• Case IH is recognized for its high-performance and efficient machinery, featuring advanced track technology and precision farming solutions tailored for cash and high-value crops such as sugarcane and cotton, with a particular focus on large-scale agricultural operations. The Case IH product portfolio includes tractors, grain, and sugarcane harvesters, as well as crop protection and tillage equipment equipped with precision farming capabilities.

• New Holland provides a comprehensive portfolio of equipment designed to meet the needs of diverse farming operations. The brand delivers tailored solutions for harvesting, specialty applications, hay and forage, livestock management, vineyards, orchards, and methane power initiatives. Products available under the New Holland brand include tractors, harvesters for both grain and specialty crops (such as grapes and olives), hay and forage machinery, crop protection, and tillage systems (primarily for small grains), as well as advanced precision farming technologies.

• STEYR is a regional brand predominantly distributed across European markets, focusing on the production of small to mid-sized tractors tailored for agricultural, municipal, and forestry applications.

• Raven is a global technology brand developing innovative agricultural solutions for automated and autonomous farming.

Financially, in the year 2025, CNH industrial has total assets of around USD 42.9 billion with total liabilities of around USD 35.1 billion. In terms of business performance in 2025, CNH Industrial successfully gained total revenue of around USD 18 billion with net income of around USD 0.50 billion.

4. Kubota

Kubota Corporation is a tractor and heavy agricultural equipment company that was founded in February 1890. Based on its history, Kubota was founded by Gonshiro Kubota and currently still has its head office in Osaka, Japan. As time goes by and the company’s business advances, Kubota can produce 5.4 million tractors by 2023 and have sold its products in more than 120 countries around the world. Some of the agricultural equipment produced and sold by Kubota are Tractor, Combine Harvester & Rice Transplanter, Implements. Specifically, in its Farm & Industrial Machinery, Kubota can generate total revenue of around Japanese Yen (JPY) 2.62 trillion.

Kubota - One of The World’s Largest Agricultural Tractor Companies in 2026

Financially, according to Kubota’s Annual report of 2025, Kubota has total assets of around Japanese Yen (JPY) 6.2 trillion with total liabilities of around JPY 3.34 trillion. In terms of business performance in 2025, Kubota successfully gained total revenue of around JPY 3 trillion and net income of around JPY 186 billion.

5. Yanmar

Yanmar is a tractor company from Japan that was founded in March 1912. The founder of this company was Magokichi Yamaoka. Until now, Yanmar’s head office is in Osaka, Japan. In the Agriculture industry, Yanmar has produced and sold its heavy equipment products including Tractors, Combine Harvesters, Rice Transplanters, Tillers, and Implements. Apart from producing several heavy equipment products in the agricultural sector, Yanmar also produces several machines for several industries. Financially, according to its annual report in 2024, Yanmar has total assets of around JPY 1.13 trillion with total liabilities of around JPY 0.744 billion. In terms of business performance in 2024, Yanmar successfully gained total revenue of around JPY 1.0 trillion with net income of around JPY 10 billion.

6. Mahindra Tractor

Mahindra - One of The World’s Largest Agricultural Tractor Companies in 2026

Mahindra Tractor is an agricultural tractor product from Mahindra & Mahindra, one of the largest Indian automotive manufacturing corporations headquartered in Mumbai. Historically, Mahindra & Mahindra was founded on October 2, 1945. Operationally, this company has its head office in Mumbai, Maharashtra, India. In strengthening and developing its business of tractors, Mahindra & Mahindra purchased Gujarat Tractors from the Government of Gujarat in 1999 and Punjab Tractor Limited (PTL) in 2007. In the year 2025, Mahindra & Mahindra successfully sold its agricultural tractors of around 4,24,641 tractors (domestic + export). Specifically, in India, Mahindra & Mahindra sold around 4,07,094 tractors in 2025 and has a market share of 43.3% in India's agricultural tractor market. Financially, according to its annual report of 2025, Total assets of Mahindra are around 2,77,586.27 Rupees crores and total equity of around 89,098.00 Rupees crores. In terms of business performance in 2025, total revenue of Mahindra of around 1,61,391.87 Rupees crores with profit around 14,073.17 Rupees crores.

7. Claas Group

CLAAS is an agricultural machinery manufacturer based in Harsewinkel, North Rhine Westphalia, Germany. Historically, it was founded by Franz Claas in 1887. As of now, CLAAS is European market leader combining harvesters and global market leader in some heavy agricultural equipment with branch offices in 35 locations. Basically, CLASS has a major product category of agricultural heavy equipment products including self-propelled forage harvesters, tractors, loaders, ballers, and forage harvesting machinery.

CLAAS Group - One of The World’s Largest Agricultural Tractor Companies in 2026

In terms of financial aspects, Claas Group has total assets of around EUR 5.04 billion with total liabilities of around EUR 2.64 billion. Related to business performance in 2025, Class Group successfully gained total revenue of around EUR 4.9 billion and successfully gained net income of around EUR 0.23 billion.

8. SDF Group

SAME Deutz-Fahr Group or commonly known as SDF Group is an Italian agricultural machinery manufacturer founded in 1927 and with its headquarters in Treviglio (Bergamo), Italy. As of 2025, along with business development, SDF has 9 production sites, 12 commercial branches, 1 joint venture in China, 155 importers, over 3,100 dealers, and 4,400 employees. Furthermore, Operationally, SDF has some production plant located in Treviglio (Italy), Lauingen (Germany), Županja (Croatia), Ranipet (India), Châteaubernard (France), Bandirma (Turkey), Linshu (China), Suihua (China). Commonly, in the agricultural industry, SDF is one of the world's leading manufacturers of tractors, combine harvesters, and diesel engines and the products are commercialised under the brands of SAME, DEUTZ-FAHR, Hürlimann, Grégoire and Vitibot. Financially, in 2024, SDF Group successfully gained total revenue of around USD 1.64 billion with net income of around USD 0.070 billion.