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Tractors & Agricultural Machinery Manufacturing in North Carolina

Author.Name IBISWorld United States Last Updated: August 2025 NAICS NC33311

Tractors & Agricultural Machinery Manufacturing in North Carolina industry analysis

The Tractors & Agricultural Machinery Manufacturing industry in North Carolina is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x% during the same period. Industry establishments decreased an annualized -x.x% to xx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to decline -x.x%. Industry establishments are forecast to stagnate x% to xx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease % to $x.x million.

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About the Tractors & Agricultural Machinery Manufacturing in North Carolina Market Research Report

What’s Included in the Tractors & Agricultural Machinery Manufacturing in North Carolina Market Research Report

Definition of the Tractors & Agricultural Machinery Manufacturing in North Carolina?

Industry producers manufacture agricultural machinery and equipment, in addition to powered lawn and garden equipment for homes. Key agricultural equipment includes tractors, harvesting and seeding machinery, grinders, mixers, wool presses, windmills and other hardware.

What’s included in the Tractors & Agricultural Machinery Manufacturing in North Carolina?

The Tractors & Agricultural Machinery Manufacturing in North Carolina includes manufacturing farm tractors and attachments, manufacturing harvesting equipment and machinery, manufacturing consumer lawn, garden and snow equipment, manufacturing commercial turf and grounds equipment, manufacturing farm dairy equipment, sprayers, dusters and blowers and manufacturing other farm machinery and equipment. Related terms covered in the Tractors & Agricultural Machinery Manufacturing in North Carolina industry report includes the agricultural preparation of the soil by plowing, ripping or turning it, an agricultural device used to plant seeds in well-spaced rows at specific depths and rates, a row of hay or grain raked up to dry before being rolled or pitched into cocks, a curved device attached to the rear of a mowing machine's cutter bar for use on windrow, a harvesting machine that heads, threshes and cleans grain while moving over a field, the amount of crop that is harvested per unit of land area, often measured in bushels per acre or tons per hectare. it is a key indicator of agricultural productivity and an agricultural management concept based on observing, measuring and responding to inter- and intra-field variability in crops. it aims to optimize field-level management practices to improve crop performance.

Industry Performance of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina

Benchmark the Tractors & Agricultural Machinery Manufacturing in North Carolina industry performance with all NC county and national performance.

Tractors & Agricultural Machinery Manufacturing in North Carolina

#11 in Highest Revenue 2.4% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Tractors & Agricultural Machinery Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina

See how key industry drivers, such as population, median houshold income, house price index, agricultural price index, trade-weighted index and prime rate are impacting Tractors & Agricultural Machinery Manufacturing in North Carolina

North Carolina Economic Indicators

Population
Median Houshold Income
House Price Index

View more economic information in NC State Economic profile

US Key External Drivers

Agricultural price index
Trade-weighted index
Prime rate

For the full list of industry drivers, see report purchase options.

County Data of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina

Access proprietary data on county in the Tractors & Agricultural Machinery Manufacturing in North Carolina, such as Mecklenburg County, Wake County and Sampson County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina in 2025?

The market size of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina is $928.2m in 2025.

How many businesses are there in the Tractors & Agricultural Machinery Manufacturing industry in North Carolina in 2025?

There are 16 businesses in the Tractors & Agricultural Machinery Manufacturing industry in North Carolina, which has been declining at an average annual rate of -3.4% from 2020 to 2025.

Has the Tractors & Agricultural Machinery Manufacturing industry in North Carolina grown or declined over the past 5 years?

The market size of the Tractors & Agricultural Machinery Manufacturing industry in North Carolina has been declining at an average annual rate of -3.4% from 2020 to 2025.

How many employees in the Tractors & Agricultural Machinery Manufacturing industry in North Carolina in 2025?

There are 1,091 employees in the Tractors & Agricultural Machinery Manufacturing industry in North Carolina, which has been declining at an average annual rate of -1.8% from 2020 to 2025.