Tractors are one of the most important tools used in farming, as they can be used for multipurpose applications like plowing of the lands, harrowing, disking, tilling, planting, and other similar tasks. Even other farm equipment is pulled or pushed with the help of tractors or integrated with the tractors, to make the farm related work more efficient. The global agricultural tractor market is segmented based on driveline (two-wheel drive and all-wheel drive); engine power (low-power output (<40 hp), mid-power output (40-100 hp), and high-power output (>100 hp)); and geography (APAC, EMEA, and the Americas).
Technavio’s analysts forecast the global agricultural tractor market to grow at a CAGR of 3.08% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global agricultural tractor market for 2017-2021. To calculate the market size, the report considers the sales volume of the agricultural tractor.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Agricultural Tractor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Escorts Group • John Deere • Mahindra Tractors • Massey Ferguson
Other prominent vendors • CLAAS • New Holland • KUBOTA • McCormick Tractor • Sonalika Tractors • Tractors and Farm Equipment (TAFE) • Valtra
Market driver • Increase in the wages of laborers has led to declining profit margins for farmers • For a full, detailed list, view our report
Market challenge • High price of agricultural all-wheel drive tractors: Restricting their demand in APAC • For a full, detailed list, view our report
Market trend • Increase in consolidation of fragmented land in Europe and Americas • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Our reports have been used by over 10K customers, including:
This market research report on tractor market in Europe offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by horsepower type (<40 HP, 40-100 HP, 100+ HP, and 4 WD), by wheel drive (2 WD and 4 WD), and by region (UK, Germany,...
This market research report on tractor market in Latin America offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by horsepower type (<40 HP, 40-100 HP, 100+ HP, and 4 WD), by wheel drive (2 WD and 4 WD), and by countries...
WinterGreen Research announces that it has published a new study Agricultural Tractor Robots: Market Shares, Strategy, and Forecasts, Worldwide, 2018 to 2024. The 2018 study has 210 pages, 110 tables and figures. The leading vendors in the agricultural tractor robotic industry have invested in high-quality sensor, camera, tracking,...
Global Tractor Market By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above), By Drive Type (2-Wheel Drive Vs. 4-Wheel Drive), By Application, By Region, Competition Forecast & Opportunities, 2013 – 2023 According to “Global Tractor Market By Power Output, By Drive Type, By Application, By Region, Competition...
The autonomous tractors market is projected to grow at a CAGR of 24.89%. The autonomous tractors market is projected to witness demand for 12,508 units in 2019 and 60,901 units by 2025, at a CAGR of 24.89%. The market is primarily driven by factors such as improved efficiency and productivity of crop yield offered by these...
467 pages •
By Global Industry Analysts
• Feb 2018
This report analyzes the worldwide markets for Outdoor Power Equipment in Units by the following Product Segments: Bug Killers, Chain Saws, Hedge Trimmers, Leaf Blowers (Back Pack Leaf Blowers, & Handheld Leaf Blowers), Outdoor Grills (Charcoal-Fired Outdoor Grills, Electric-Fired Outdoor Grills, & Gas-Fired Outdoor Grills), Walk Behind...