From 201 hp, the figures show that Fendt occupies a leading position in all the performance classes that include Fendt tractors. Fendt has a market share of 37.9% in this performance class, more than 20% ahead of second place. Fendt also takes up the lead in the performance class from 301 hp. With a market share of 45.4%, almost every second tractor in this power segment is a Fendt. In 2018, the market share was still 36.1%. The new Fendt 900 Vario, which was first launched in July 2019, also comes under this performance class. This machine has successfully established itself on the market and is well received by customers both in Germany and internationally.
One in four tractors is a Fendt
"In 2019, one in four newly registered tractors in Germany was a Fendt. We have reached a record number of new registrations, with a market share of 25.5% for tractors from 51 hp. This gives us a lead of more than 5% over the runner up. In light of this outstanding achievement, I would like to thank the German sales partners and the Director of Fendt Sales, Andreas Loewel and his team for their commitment," praised Christoph Gröblinghoff, Vice President and Chairman of the AGCO/Fendt Management Board.
Tractor Market Germany 2019
In Germany, the tractor market from 51 hp has increased by 2.6%. 2019 saw a total of 22,429 tractors registered, while in 2018 it was 21,857 tractors.
The whole market from 0 hp also recorded an increase of 4.7%. In 2019, 28,979 tractors were registered across all classes, compared to 27,669 tractors in 2018.