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Globe and Mail
3 days ago
- Business
- Globe and Mail
Italy Tractor Market Sales to Reach 16.58 Thousand Units by 2030 – Exclusive Research Report by Arizton
"Italy Tractor Market Research Report by Arizton" Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2025–2030. According to Arizton's latest research report, the Italy tractor market is growing at a CAGR of 1.19% during 2024-2030. Report Summary Market Size (2030): 16.58 Thousand Units Market Size (2024): 15.44 Thousand Units CAGR (2024-2030): 1.19% Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Market Segmentation: Horsepower, Drive Type, And Geography Largest Region (2024): North Geographic Analysis: North, South, Central, And Islands The Italy tractor market witnessed shipments of 15.44 thousand units in 2024 and is expected to reach 16.58 thousand units by 2030, growing at a CAGR of 1.19% during the forecast period. Italy is continuously making investments under the European Union's (EU's) Common Agricultural Policy (CAP) 2023-2027, which aims to enhance the competitiveness and sustainability of the country's diversified agriculture and rural areas. This initiative is propelling the demand for agricultural tractors in the Italian market. The Italian government is making efforts to assist farmers through financial aid, loan programs, and regulations targeted at increasing revenue and sustainability, which is expected to have a significant impact on the Italy tractor market. Also, the country's investment in Agriculture 4.0 and organic farming is surging significantly, creating demand for modernized tractors equipped with advanced technologies such as GPS, Sensors, and AI. Precision Meets Sustainability: The New Era of Alternative Fuel Tractors The agriculture industry is steadily moving towards smarter and more sustainable practices. A key part of this transformation is the rising adoption of smart tractors powered by alternative fuels and advanced technologies such as GPS, sensors, and AI. These tractors are designed to improve farming efficiency, offering easier operation, increased flexibility, and higher productivity. By using GPS-enabled systems, farmers can plan routes in advance and drive hands-free while managing other tasks from the tractor cabin. This helps improve precision and allows better control over farm activities. At EIMA 2024, one of Europe's leading agricultural machinery exhibitions, several manufacturers showcased the latest smart tractors. Many of these featured alternative fuel options and advanced automation, highlighting the industry's shift toward cleaner and more intelligent solutions. With continuous innovation from leading companies, smart tractors are playing a major role in shaping the future of farming, making it more efficient, sustainable, and aligned with modern agricultural needs. Recent Vendor Activities In February 2025, New Holland, in adherence to its strategy of sustainable farming, launched the T6.180 Methane Power tractor, which is the only series-produced, type-approved tractor over 120 hp running on an alternative energy source to diesel. Additionally, the company showcased the T7.270 Methane Power at the 2025 International Agricultural Show. In January 2025, John Deere, at the Consumer Electronics Show (CES) in Las Vegas, introduced several autonomous agricultural machinery, such as, 9RX Autonomous Tractor for Large-Scale Farming, Battery-Electric Tractor, and 5ML Autonomous Specialized Tractor for Air Spraying. Italy Plants the Future: A Bold Investment Journey into Organic Farming Italy is rapidly advancing its commitment to organic farming, closely aligning with the European Union's ambitious Green Deal objectives. The Italian government has pledged USD 3.4 billion to transform 25% of the nation's agricultural land to organic farming by 2027, demonstrating a strong push towards sustainable agriculture. In 2022, new legislation introduced the "Organic Made in Italy" label and a comprehensive national strategy to bolster organic production across the agricultural sector. This policy framework, combined with robust government and EU funding, has already fueled impressive growth in the organic market, which surpassed USD 7.3 billion in 2024, a 5.7% increase from the previous year. Olive farming, a cornerstone of Italian agriculture, plays a pivotal role in this green transition, with approximately 200,000 hectares of organic olive groves recorded in 2022. Regions such as Calabria are spearheading the adoption of sustainable practices, supported by EU funds to convert over 115,000 hectares to organic farming by 2025. This rising focus on organic farming is expected to boost demand for specialized tractors and equipment tailored to organic agricultural practices, supporting growth in Italy's tractor market. Strategic Partnerships and Technology Redefine Competitive Dynamics in Italy's Tractor Market The Italian tractor market remains fiercely competitive, dominated by a blend of powerful global giants and resilient domestic players. Leading the pack, CNH Industrial, SDF Group, and AGCO Corporation collectively command over 50% of the market share, underscoring a highly consolidated landscape shaped by diversified global and regional vendors. As international players intensify their expansion efforts, regional vendors face mounting challenges to maintain their foothold amid the rising dominance of global competitors. In response, Italian farmers are accelerating the adoption of cutting-edge technologies, such as GPS-guided tractors integrated with IoT sensors. These innovations enable real-time soil monitoring and precision in applying water, fertilizers, and pesticides, driving enhanced operational efficiency while minimising environmental impact. Highlighting strategic collaboration within this evolving market, February 2025 witnessed AGCO's pivotal supply agreement with SDF, whereby Massey Ferguson tractors up to 85 horsepower will be manufactured by SDF starting mid-2025. This alliance not only strengthens production capabilities but also reinforces competitive positioning across several global markets, reflecting a proactive approach to leveraging partnerships for sustained growth and market leadership. Key Company Profiles CNH Industrial N.V. Deere & Company AGCO Corporation Kubota Corporation SDF Group TAFE Other Prominent Company Profiles YANMAR HOLDINGS CO., LTD. CLAAS KGaA mbH Antonio Carraro BCS S.p.A. Goldoni Keestrack srl Argo Tractors S.p.A. Market Segmentation & Forecast Horsepower Less Than 50 HP 50−100 HP Above 100 HP Drive Type 2 Wheel Drive 4 Wheel Drive Geography Italy North South Central Islands Other Related Reports that Might be of Your Business Requirement Germany Tractor Market Research Report 2021-2030 Southeast Asia Tractor Market Research Report 2021-2030 What Key Findings Will Our Research Analysis Reveal? How big is the Italy tractor market? What is the growth rate of the Italy tractor market? What are the significant trends in the Italy tractor market? Who are the key players in the Italy tractor market? Which region dominates the Italy tractor market share? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization 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.
ABC News
3 days ago
- General
- ABC News
Prisoner Michael Rennie at large after fleeing Lotus Glen prison farm on red tractor
A prisoner remains at large after absconding from a prison farm in rural Queensland aboard a stolen tractor. Police believe Michael Graeme Rennie, 43, left Lotus Glen Low Custody Correctional Centre, about 100 kilometres west of Cairns, during a 90-minute window on Sunday. Rennie, serving a sentence of more than six years and three months for serious assault, theft, burglary, drugs, weapons and driving offences, was last seen at 10:20am on Sunday. At the time he was working at the prison farm driving a red Massey Ferguson tractor. By midday, when a head count was conducted, Rennie was gone, police said. "There have obviously been prisoners abscond from the correctional centre there in the past but I don't think anyone has left on a tractor before, " Detective Inspector Jason Chetham said. "We certainly think he's likely to have left on it. "We don't have specific concerns about what he might do in the community, not targeting anyone, but we certainly ask people not to approach him and to call us immediately if they have any information." Detective Inspector Chetham said there had been "a number of sightings" of the tractor "but nothing is confirmed at this point in time". Rennie was from far north Queensland and "doesn't have far to go to get to family", Detective Inspector Chetham said. "We're looking at all his antecedents and who he might be keen to contact or attempt to contact," he said. The Lotus Glen prison farm is part of a correctional centre located between the agricultural service towns of Mareeba and Atherton. The low security facility is one of six prison farms in Queensland and accommodates 134 prisoners. Prisoners undertake training programs at the farm to develop skills to help them find work once they are released. Detective Inspector Chetham said he did not know the tractor's maximum speed but said it would not "turn a lot of heads" if seen on the road in the Atherton Tablelands. Detective Inspector Chetham said police could call in its air wing to help find Rennie, although he declined to go into specifics of the search. He also declined to comment on security arrangements and prisoner classification at the prison farm. "They're not familiar to me and I'm not part of that department so that's probably a question for Corrective Services to answer," Detective Inspector Chetham said. Queensland Corrective Services has been contacted for comment. In February 2023, a 28-year-old man serving a two-year sentence absconded from the Lotus Glen prison farm. He was arrested more than three days later. There were also previous instances of prisoners escaping in 2020 and 2022.
BreakingNews.ie
24-05-2025
- BreakingNews.ie
Cyclist (70s) dies after collision with tractor in Co Clare
A cyclist, a woman aged in her 70s, has died after a collision involving a tractor in Co Clare on Saturday afternoon. The collision occurred at Toonagh, Tulla, Co Clare. Advertisement Gardaí and emergency services attended the scene following report of the collision, involving a tractor and a bicycle, which occurred on the L3180 at approximately 12.45pm. The cyclist, a woman aged her 70s, was pronounced dead at the scene. Her body has since been removed to the mortuary at University Hospital Limerick where a postmortem examination will take place. There were no other injuries reported at the time. The road is currently closed for technical examination by Garda forensic collision investigators. Gardaí are appealing for witnesses to the crash to come forward. Any road users who may have camera footage (including dash-cam) and were travelling in the area between 12pm-1pm today are asked to make this footage available to investigating gardaí. Anyone with any information is asked to contact Ennis Garda Station on (065) 684 8100, the Garda Confidential Line on 1800 666 111, or any Garda station. Investigations are ongoing, gardaí said.
CTV News
21-05-2025
- CTV News
Air ambulance takes New Tecumseth crash victim to trauma hospital
A tractor collided with a CP train in New Tecumseth Tuesday afternoon. Wed., May 21, 2025. SUBMITTED: OPP
Yahoo
20-05-2025
- Business
- Yahoo
Athens resident who wanted to purchase tractor online faces possibility of losing $23,000
A former Athens resident who wanted to purchase a tractor online now faces the possibility of losing $23,000 as he deals with banking institutions over a problem that occurred when he attempted to cancel the purchase. The 46-year-old man, who said he recently moved to Commerce, filed a fraud complaint with the Athens-Clarke County Police Department on May 2. The report shows the man, who at the time lived in Athens, had on April 1 located a 2022 Kubota tractor offered for sale by a man in Orlando, Florida. Before agreeing to the sale the victim reported he carefully searched and found the man's business on the Florida Division of Corporations. The suspect sent him a bill of sale on April 3, but the victim waited until April 7 to initiate the wire transfer of the money, which he conducted at his personal bank in Athens. The Florida man told him the tractor should arrive at his home on April 11, according to the report. But on that day, another bank handling the transaction for the Florida man reached out to the victim's bank to 'share suspicions and concerns about the recipient of the $23,000.' Upon hearing this, the victim reported he immediately wanted to cancel the transaction and the Florida man's bank gave him seven days to cancel the transaction while they held the funds, the report shows. On the same day, the victim completed the documents and sent it to the bank, but when the victim went to his personal bank on April 18, he discovered his money was not in his account. He made inquiries, but the other bank didn't respond until April 29 and then only to notify him that the money had already been released to the Florida seller. In an interview Wednesday, the man, who asked his name not be used, said the two banks are no longer communicating with each other. 'I have filed a Better Business Bureau complaint,' he said. As far as the suspect, he said he had checked the background on the Florida man, who recently had his LLC (limited liability company) renewed. However, he has been unable to reach the tractor seller through e-mail and numerous telephone calls. The man is disappointed in the bank's behavior as he said he completed all the information they requested to have the transaction stopped. This article originally appeared on Athens Banner-Herald: Man hoping banks in Athens can recoup his $23,000 in tractor scam
