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The Agricultural Tractors Market Size was valued at USD 95.55 billion in 2023 and is expected to reach USD 175.66 billion by 2032 and grow at a CAGR of 7% over the forecast period 2024-2032.
A power-driven vehicle with engineering functions that are dependent on its tractive power, the agricultural tractor is used in farming. It was developed specifically for use in a variety of agricultural contexts, including pulling or pushing agricultural machinery or trailers for plowing, tilling, disking, harrowing, planting, and spraying or pesticide applications, among other agricultural chores. It is designed to tow or push agricultural equipment or trailers and can perform a variety of agricultural chores, such as harrowing and planting seeds as well as spraying insecticide. Due to the fact that they supply the power and traction necessary to mechanize agricultural operations, tractors are also known as farm vehicles in today's modern world.
As of the latest market analysis, the Agricultural Tractors Market is experiencing a dynamic landscape characterized by technological advancements and a growing focus on sustainability. The demand for agricultural tractors has surged owing to the increasing global population and the need for enhanced productivity in the agricultural sector. Precision farming and autonomous tractor technologies are gaining momentum, revolutionizing traditional farming practices. Sustainable and eco-friendly features, such as electric and hybrid tractor models, are becoming more prevalent as the industry aligns with environmental concerns. Additionally, the integration of smart farming solutions and data-driven analytics is fostering greater efficiency in crop management. With a wave of innovation sweeping the sector, the Agricultural Tractors Market reflects a promising future driven by technological breakthroughs and a commitment to sustainable agriculture.
KEY DRIVERS:
The ever-increasing pressure to maximize productivity.
The increasing prevalence of the use of advanced farming techniques.
Growing demand for efficiency and an increase in the use of smart farming technologies.
The Agricultural Tractors Market is experiencing a significant surge in demand, fueled by a growing emphasis on efficiency and the widespread adoption of smart farming technologies. Farmers and agricultural businesses are increasingly recognizing the transformative potential of advanced tractor systems that integrate artificial intelligence, precision agriculture, and data analytics. These smart farming solutions enable real-time monitoring, data-driven decision-making, and optimized resource utilization, resulting in enhanced productivity and sustainability. As the agricultural sector evolves towards a more technologically-driven landscape, the demand for modern and intelligent tractor solutions continues to rise, marking a pivotal shift in the traditional practices of farming towards a more connected and efficient future.
RESTRAINTS:
The price of tractors is predicted to rise as a result of a rise in the cost of steel and aluminum.
The expansion of the market for tractor rentals will act as a brake on industry growth.
OPPORTUNITIES:
Promising public measures are expected to promote the market's growth over this time frame.
The need for precision agriculture equipment would give chances for industry players to build their businesses.
The demand for precision agriculture equipment presents a compelling opportunity for industry players to cultivate and expand their businesses within the Agricultural Tractors Market. As modern farming practices continue to evolve, there is an increasing recognition of the benefits derived from precision agriculture, such as improved efficiency, reduced resource wastage, and enhanced yield outcomes. Agricultural tractors equipped with advanced technologies, including GPS guidance systems, sensors, and data analytics, play a pivotal role in facilitating precision farming. This burgeoning trend not only addresses the pressing need for sustainable agricultural practices but also opens avenues for innovation and market growth. Companies that invest in and develop cutting-edge precision agriculture equipment stand poised to carve out a niche in this dynamic market, capitalizing on the growing awareness and adoption of smart farming solutions worldwide.
CHALLENGES:
A lack of semiconductors and supply chain interruption are all affecting OEMs right now.
Uncertainty about the tractor industry's demand and supply networks.
The global market has been divided into Orchard Tractors, Row-crop Tractors, and Other Tractors based on the type segment. It's estimated that row-crop tractors are the most popular type of agricultural tractor in the world. Some of the biggest names in the industry are investing heavily in R&D in order to keep up with the competition and develop cutting-edge products.
Market, By Engine Power:
The global market has been divided into Less than 40 HP, 40 HP to 99 HP, 100 HP to 150 HP, 151 HP to 200 HP, 201 HP to 270 HP, 271 HP to 350 HP, and Greater than 350 HP based on the engine power segment. In terms of volume, the less than 40 HP sector accounted for more than 61% of the market. The significant growth may be attributable to the low cost, compact size, and greater convenience offered by tractors with less than 40 horsepower to manage all core farm operations.
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Less than 40 HP: This segment holds the largest market share, accounting for around 20-45% of the market. This dominance is attributed to several factors. These tractors are the most cost-effective option, making them accessible to small and medium-sized farmers, especially in developing regions like Asia Pacific.Their smaller size makes them suitable for navigating smaller farms and performing efficient operations in tight spaces.
Market, By Drive Type:
The global market has been divided into 2WD, 4WD, and Autonomous based on the drive type segment. In terms of volume, the 2WD sector accounted for more than 79.5 percent of the market. The section is also expected to grow at the fastest rate over the projection period. Long-term factors that are likely to promote demand in the 2WD class include lower upfront costs and improved maneuverability.
The global agricultural tractors market is projected to witness significant growth, driven by factors like rising concerns over food security, increasing disposable incomes in developing economies, and growing adoption of precision farming techniques. However, regional variations exist. The Asia Pacific region, led by China and India, is expected to dominate the market due to the presence of vast agricultural landholdings, rising government support for farm mechanization, and a growing demand for low-powered tractors suitable for small farms. In contrast, North America and Europe are expected to witness slower growth due to market saturation and a shift towards high-powered tractors with advanced technologies like GPS guidance and automation, catering to larger farms and increasing labor shortages. This regional analysis highlights the diverse growth dynamics of the agricultural tractors market, emphasizing the influence of factors specific to each region.
Some of the major agricultural tractors market players are:
Mahindra & Mahindra Ltd. - Mahindra Tractors, Arjun Novo, Jivo, Swaraj tractors
AGCO Corporation - Massey Ferguson, Fendt, Challenger, Valtra tractors
CNH Industrial N.V. - New Holland Agriculture tractors, Case IH tractors
Deere & Company - John Deere tractors (5, 6, 7, 8, and 9 Series)
Escorts Ltd. - Farmtrac tractors, Powertrac tractors
International Tractors Ltd. - Solis tractors
Kubota Corporation - Kubota compact and utility tractors (BX, L, M Series)
CLAAS KGaA mbH - CLAAS tractors (AXION, ARION, XERION Series)
Tractors and Farm Equipment Ltd. (TAFE) - Massey Ferguson tractors (under license), Eicher tractors
Yanmar Co., Ltd. - Yanmar compact and utility tractors
SAME Deutz-Fahr - SAME tractors, Deutz-Fahr tractors
Sonalika Group - Sonalika tractors
Argo Tractors S.p.A. - Landini tractors, McCormick tractors
Zetor Tractors a.s. - Zetor tractors
Lovol Heavy Industry Co., Ltd. - Lovol tractors
Deere & Company: Announced a collaboration with Microsoft to develop and deploy autonomous tractor solutions at scale
CNH Industrial: Showcased its autonomous concept tractor featuring advanced obstacle detection and path planning capabilities at Agritechnica 2022.
AGCO Corporation: Unveiled the Fendt MOMENTUM autonomous tractor designed for automated harvesting and transport task.
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 95.55 Billion |
Market Size by 2032 | US$ 175.66 Billion |
CAGR | CAGR of 7% From 2024 to 2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • by Type (Orchard Tractors, Row-crop Tractors, Other Tractors) • by Engine Power (Less than 40 HP, 40 HP to 99 HP, 100 HP to 150 HP, 151 HP to 200 HP, 201 HP to 270 HP, 271 HP to 350 HP, Greater than 350 HP) • by Drive Type (2WD, 4WD, Autonomous) |
Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America) |
Company Profiles | Mahindra & Mahindra Ltd.; AGCO Corp.; CNH Industrial N.V.; Deere & Company; Escorts Ltd.; International Tractors Ltd, Kubota Corp.; CLAAS KGaAmbH; Tractors and Farm Equipment Ltd.; YanmarCo., Ltd. |
Key Drivers | • The ever-increasing pressure to maximize productivity. • The increasing prevalence of the use of advanced farming techniques. |
RESTRAINTS | • The price of tractors is predicted to rise as a result of a rise in the cost of steel and aluminum. • The expansion of the market for tractor rentals will act as a brake on industry growth. |
Ans:- Agricultural Tractors Market Size was valued at USD 95.55 billion in 2023 and is expected to reach USD 164.17 billion by 2031 and grow at a CAGR of 7% over the forecast period 2024-2031.
Ans;- A power-driven vehicle with engineering functions that are dependent on its tractive power, the agricultural tractor is used in farming.
Ans:- The increasing prevalence of the use of advanced farming techniques and the increase in the use of smart farming technologies are the primary market drivers for Agricultural Tractors Market.
Ans:- Yes.
Ans:- Raw material vendors, Regulatory authorities, including government agencies and NGOs, Commercial research & development (R&D) institutions, Government organizations, research organizations, and consulting firms, Trade/Industrial associations, and End-use industries are the stakeholder of this report.
Table of Contents:
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 PTypeary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Vehicle Production and Sales Volumes, 2020-2032, by Region
5.2 Emission Standards Compliance, by Region
5.3 Vehicle Technology Adoption, by Region
5.4 Consumer Preferences, by Region
5.5 Aftermarket Trends (Data on vehicle maintenance, parts, and services)
6. Competitive Landscape
6.1 List of Major Companies, By Region
6.2 Market Share Analysis, By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and supply chain strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Agricultural Tractors Market Segmentation, by Type
7.1 Chapter Overview
7.2 Orchard Tractors
7.2.1 Orchard Tractors Market Trends Analysis (2020-2032)
7.2.2 Orchard Tractors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.3 Row-crop Tractors
7.2.3.1 Row-crop Tractors Market Trends Analysis (2020-2032)
7.2.3.2 Row-crop Tractors Market Size Estimates and Forecasts to 2032 (USD Billion)
7.2.4 Others Tractors
7.2.4.1 Others Tractors Market Trends Analysis (2020-2032)
7.2.4.2 Others Tractors Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Agricultural Tractors Market Segmentation, by Horse Power
8.1 Chapter Overview
8.2 Less than 40 HP
8.2.1 Less than 40 HP Market Trends Analysis (2020-2032)
8.2.2 Less than 40 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 40 HP to 99 HP
8.3.1 40 HP to 99 HP Market Trends Analysis (2020-2032)
8.3.2 40 HP to 99 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 100 HP to 150 HP
8.4.1 100 HP to 150 HP Market Trends Analysis (2020-2032)
8.4.2 100 HP to 150 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.5 151 HP to 200 HP
8.5.1 151 HP to 200 HP Market Trends Analysis (2020-2032)
8.5.2 151 HP to 200 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.6 201 HP to 270 HP
8.6.1 201 HP to 270 HP Market Trends Analysis (2020-2032)
8.6.2 201 HP to 270 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.7 201 HP to 270 HP
8.7.1 201 HP to 270 HP Market Trends Analysis (2020-2032)
8.7.2 201 HP to 270 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.8 201 HP to 270 HP
8.8.1 201 HP to 270 HP Market Trends Analysis (2020-2032)
8.8.2 201 HP to 270 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.9 271 HP to 350 HP
8.9.1 271 HP to 350 HP Market Trends Analysis (2020-2032)
8.9.2 271 HP to 350 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
8.10 Greater than 350 HP
8.10.1 Greater than 350 HP Market Trends Analysis (2020-2032)
8.10.2 Greater than 350 HP Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Agricultural Tractors Market Segmentation, by Drive Type
9.1 Chapter Overview
9.2 2WD
9.2.1 2WD Market Trends Analysis (2020-2032)
9.2.2 2WD Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 4WD
9.3.1 4WD Market Trends Analysis (2020-2032)
9.3.2 4WD Market Size Estimates and Forecasts to 2032 (USD Billion)
9.4 Autonomous
9.4.1 Autonomous Market Trends Analysis (2020-2032)
9.4.2 Autonomous Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Regional Analysis
10.1 Chapter Overview
10.2 North America
10.2.1 Trends Analysis
10.2.2 North America Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.2.3 North America Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.4 North America Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.2.5 North America Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.2.6 USA
10.2.6.1 USA Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.6.2 USA Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.2.6.3 USA Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.2.7 Canada
10.2.7.1 Canada Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.7.2 Canada Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.2.7.3 Canada Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.2.8 Mexico
10.2.8.1 Mexico Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.2.8.2 Mexico Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.2.8.3 Mexico Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3 Europe
10.3.1 Eastern Europe
10.3.1.1 Trends Analysis
10.3.1.2 Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.1.3 Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.4 Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.5 Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.1.6 Poland
10.3.1.6.1 Poland Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.6.2 Poland Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.6.3 Poland Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.1.7 Romania
10.3.1.7.1 Romania Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.7.2 Romania Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.7.3 Romania Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.1.8 Hungary
10.3.1.8.1 Hungary Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.8.2 Hungary Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.8.3 Hungary Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.1.9 Turkey
10.3.1.9.1 Turkey Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.9.2 Turkey Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.9.3 Turkey Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.1.10 Rest of Eastern Europe
10.3.1.10.1 Rest of Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.1.10.2 Rest of Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.1.10.3 Rest of Eastern Europe Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2 Western Europe
10.3.2.1 Trends Analysis
10.3.2.2 Western Europe Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.3.2.3 Western Europe Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.4 Western Europe Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.5 Western Europe Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.6 Germany
10.3.2.6.1 Germany Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.6.2 Germany Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.6.3 Germany Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.7 France
10.3.2.7.1 France Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.7.2 France Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.7.3 France Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.8 UK
10.3.2.8.1 UK Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.8.2 UK Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.8.3 UK Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.9 Italy
10.3.2.9.1 Italy Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.9.2 Italy Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.9.3 Italy Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.10 Spain
10.3.2.10.1 Spain Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.10.2 Spain Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.10.3 Spain Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.11 Netherlands
10.3.2.11.1 Netherlands Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.11.2 Netherlands Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.11.3 Netherlands Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.12 Switzerland
10.3.2.12.1 Switzerland Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.12.2 Switzerland Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.12.3 Switzerland Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.13 Austria
10.3.2.13.1 Austria Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.13.2 Austria Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.13.3 Austria Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.3.2.14 Rest of Western Europe
10.3.2.14.1 Rest of Western Europe Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.3.2.14.2 Rest of Western Europe Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.3.2.14.3 Rest of Western Europe Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4 Asia Pacific
10.4.1 Trends Analysis
10.4.2 Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.4.3 Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.4 Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.5 Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.6 China
10.4.6.1 China Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.6.2 China Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.6.3 China Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.7 India
10.4.7.1 India Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.7.2 India Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.7.3 India Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.8 Japan
10.4.8.1 Japan Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.8.2 Japan Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.8.3 Japan Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.9 South Korea
10.4.9.1 South Korea Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.9.2 South Korea Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.9.3 South Korea Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.10 Vietnam
10.4.10.1 Vietnam Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.10.2 Vietnam Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.10.3 Vietnam Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.11 Singapore
10.4.11.1 Singapore Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.11.2 Singapore Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.11.3 Singapore Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.12 Australia
10.4.12.1 Australia Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.12.2 Australia Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.12.3 Australia Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.4.13 Rest of Asia Pacific
10.4.13.1 Rest of Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.4.13.2 Rest of Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.4.13.3 Rest of Asia Pacific Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5 Middle East and Africa
10.5.1 Middle East
10.5.1.1 Trends Analysis
10.5.1.2 Middle East Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.1.3 Middle East Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.4 Middle East Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.5 Middle East Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.1.6 UAE
10.5.1.6.1 UAE Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.6.2 UAE Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.6.3 UAE Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.1.7 Egypt
10.5.1.7.1 Egypt Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.7.2 Egypt Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.7.3 Egypt Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.1.8 Saudi Arabia
10.5.1.8.1 Saudi Arabia Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.8.2 Saudi Arabia Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.8.3 Saudi Arabia Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.1.9 Qatar
10.5.1.9.1 Qatar Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.9.2 Qatar Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.9.3 Qatar Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.1.10 Rest of Middle East
10.5.1.10.1 Rest of Middle East Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.1.10.2 Rest of Middle East Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.1.10.3 Rest of Middle East Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.2 Africa
10.5.2.1 Trends Analysis
10.5.2.2 Africa Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.5.2.3 Africa Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.4 Africa Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.2.5 Africa Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.2.6 South Africa
10.5.2.6.1 South Africa Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.6.2 South Africa Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.2.6.3 South Africa Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.2.7 Nigeria
10.5.2.7.1 Nigeria Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.7.2 Nigeria Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.2.7.3 Nigeria Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.5.2.8 Rest of Africa
10.5.2.8.1 Rest of Africa Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.5.2.8.2 Rest of Africa Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.5.2.8.3 Rest of Africa Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.6 Latin America
10.6.1 Trends Analysis
10.6.2 Latin America Agricultural Tractors Market Estimates and Forecasts, by Country (2020-2032) (USD Billion)
10.6.3 Latin America Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.4 Latin America Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.6.5 Latin America Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.6.6 Brazil
10.6.6.1 Brazil Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.6.2 Brazil Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.6.6.3 Brazil Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.6.7 Argentina
10.6.7.1 Argentina Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.7.2 Argentina Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.6.7.3 Argentina Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.6.8 Colombia
10.6.8.1 Colombia Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.8.2 Colombia Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.6.8.3 Colombia Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
10.6.9 Rest of Latin America
10.6.9.1 Rest of Latin America Agricultural Tractors Market Estimates and Forecasts, by Type (2020-2032) (USD Billion)
10.6.9.2 Rest of Latin America Agricultural Tractors Market Estimates and Forecasts, by Horse Power (2020-2032) (USD Billion)
10.6.9.3 Rest of Latin America Agricultural Tractors Market Estimates and Forecasts, by Drive Type (2020-2032) (USD Billion)
11. Company Profiles
11.1 Mahindra & Mahindra Ltd
11.1.1 Company Overview
11.1.2 Financial
11.1.3 Products/ Services Offered
111.1.4 SWOT Analysis
11.2 AGCO Corp
11.2.1 Company Overview
11.2.2 Financial
11.2.3 Products/ Services Offered
11.2.4 SWOT Analysis
11.3 CNH Industrial N.V
11.3.1 Company Overview
11.3.2 Financial
11.3.3 Products/ Services Offered
11.3.4 SWOT Analysis
11.4 Deere & Company
11.4.1 Company Overview
11.4.2 Financial
11.4.3 Products/ Services Offered
11.4.4 SWOT Analysis
11.5 Escorts Ltd.
11.5.1 Company Overview
11.5.2 Financial
11.5.3 Products/ Services Offered
11.5.4 SWOT Analysis
11.6 International Tractors Ltd
11.6.1 Company Overview
11.6.2 Financial
11.6.3 Products/ Services Offered
11.6.4 SWOT Analysis
11.7 Kubota Corp
11.7.1 Company Overview
11.7.2 Financial
11.7.3 Products/ Services Offered
11.7.4 SWOT Analysis
11.8 CLAAS KGaAmbH
11.8.1 Company Overview
11.8.2 Financial
11.8.3 Products/ Services Offered
11.8.4 SWOT Analysis
11.9 Tractors and Farm Equipment Ltd
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
11.10 Others
11.9.1 Company Overview
11.9.2 Financial
11.9.3 Products/ Services Offered
11.9.4 SWOT Analysis
12. Competitive Landscape
12.1 Competitive Benchmarking
12.2 Market Share Analysis
12.3 Recent Developments
12.3.1 Industry News
12.3.2 Company News
12.3.3 Mergers & Acquisitions
13. Use Case and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
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The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
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We at SNS Insider have divided Primary Research into 2 parts.
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This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
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By Type:
Orchard Tractors
Row-crop Tractors
Other Tractors
By Engine Power:
Less than 40 HP
40 HP to 99 HP
100 HP to 150 HP
151 HP to 200 HP
201 HP to 270 HP
271 HP to 350 HP
Greater than 350 HP
By Drive Type:
2WD
4WD
Autonomous
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Product Matrix which gives a detailed comparison of product portfolio of each company
Geographic Analysis
Additional countries in any of the regions
Company Information
Detailed analysis and profiling of additional market players (Up to five)
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