Report Description

Global Farm Tractors market is projected to reach USD 139.58 Billion by 2027 at a CAGR if over 5% in value terms owing to growing agriculture industry globally, rising mechanization and increasing productivity and efficiency requirements. Moreover, the farmers are shifting toward higher mechanization through agricultural equipment and rise in demand for food globally drives the farm tractors market. Due to decrease in hectare land per farmer globally the demand for 31–100 hp segment holds the largest market share in 2021 in farm tractor market and is estimated to maintain its dominance over the next five years as well. In 2021- 2027, APAC is estimated to be the largest and fastest growing market for farm tractors.

Some of the major key players operating in global farm tractors market are J C Bamford Excavators Ltd., AGCO Corporation, CNH Industrial N.V., Escorts Ltd., Tractors and Farm Equipment Limited, Deere & Company, Mahindra & Mahindra Ltd., Zetor Tractors A.S., Iseki & Co., Ltd., Same Deutz-Fahr Italia S.P.A., Kubota Corporation etc.

Objective of the Study:

  • To assess the demand-supply scenario of Farm Tractors which covers production, demand and supply of Farm Tractors market globally.
  • To analyse and forecast the market size of Farm Tractors in terms of volume and Value.
  • To classify and forecast global Farm Tractors based on Power Output, Drive Type, Function, Application and regional distribution.
  • To identify drivers and challenges for global Farm Tractors market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global Farm Tractors.
  • To identify and analyse the profile of leading players involved in the manufacturing of global Farm Tractors.


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To perform the study, TechSci Research conducted primary as well as exhaustive secondary research. Initially, TechSci Research prepared an exhaustive list of Farm Tractors manufacturers operating globally. Subsequently, TechSci Research conducted primary research surveys, which include primary calls, email responses, etc., with the identified companies. While interviewing, the respondents were also asked about their major competitors. Through this technique, TechSci Research could include manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed product offerings and regional presence of all major Farm Tractors supplier across the globe.

TechSci Research calculated the market size for Global Farm Tractors using a bottom-up technique, wherein manufacturers’ volume sales data for different applications, were recorded as well as forecast for the future years. TechSci Research sourced these values from industry experts and company representatives, and externally validated through analysing historical sales data of respective manufacturer to arrive at the overall market size. Multiple secondary sources such as directories, Company Websites, company annual reports, white papers, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Farm Tractors manufacturers
  • Agricultural equipment component suppliers
  • Technology providers to agriculture equipment industry
  • Research Institutes
  • Associations, organizations, forums and alliances related to Farm Tractors.
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for industry stakeholders such as Farm Tractors manufacturers, customers and policy makers. The study would also help them to target the growing segments over the coming years (next two to five years), thereby aiding the stakeholders in taking investment decisions and facilitating their expansion.

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Power Output

·         Drive Type

·         Function

·         Application

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Vietnam, Germany, France, United Kingdom, Italy, Poland; Turkey, South Africa, UAE, Saudi Arabia, Qatar; Brazil, Argentina, Colombia;

Key companies profiled

J C Bamford Excavators Ltd., AGCO Corporation, CNH Industrial N.V., Escorts Ltd., Tractors and Farm Equipment Limited, Deere & Company, Mahindra & Mahindra Ltd., Zetor Tractors A.S., Iseki & Co., Ltd., Same Deutz-Fahr Italia S.P.A., Kubota Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, Global Farm Tractors market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, by Power Output:
    • 30HP
    • 31-100HP
    • 101-200HP
    • >200HP
  • Market, by Drive Type:
    • 2WD
    • 4WD
    • Autonomous Tractors
  • Market, by Function:
    • Harvesting
    • Planting & Fertilizing
    • Spraying
    • Ploughing & Cultivating
    • Others
  • Market, by Application: Combine Harvesters for-
    • Corn
    • Wheat
    • Rice
    • Others
  • Market, by Region:
    • Asia Pacific

§  China

§  India

§  Japan

§  Australia

§  Vietnam

§  South Korea

    • Europe & CIS

§  France

§  Germany

§  United Kingdom

§  Italy

§  Poland

§  Turkey

    • North America

§  United States

§  Mexico

§  Canada

    • South America

§  Brazil

§  Argentina

§  Colombia

    • Middle East and Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Farm Tractors.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customers

5.    Impact of COVID-19 on Global Farm Tractors Market

6.    Global Farm Tractors Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Power Output (30, 31–100, 101–200, >200hp)

6.2.2.     By Drive Type (2WD, 4WD, & Autonomous Tractor)

6.2.3.     By Function (Harvesting, Planting & Fertilizing, Spraying, Ploughing & Cultivating and Others)

6.2.4.     By Application (Combine Harvesters for – Corn, Wheat, Rice and Others)

6.2.5.     By Region

6.3.  Market Attractiveness Index

7.    Asia-Pacific Farm Tractors Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Power Output

7.2.2.     By Drive Type

7.2.3.     By Application

7.2.4.     By Country

7.3.  Market Attractiveness Index

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Farm Tractors Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value & Volume

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Power Output

7.4.1.2.2.             By Application

7.4.1.3.         Market Attractiveness Index

7.4.2.     India Farm Tractors Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value & Volume

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Power Output

7.4.2.2.2.             By Application

7.4.2.3.         Market Attractiveness Index

7.4.3.     Japan Farm Tractors Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value & Volume

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Power Output

7.4.3.2.2.             By Application

7.4.3.3.         Market Attractiveness Index

7.4.4.     Australia Farm Tractors Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value & Volume

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Power Output

7.4.4.2.2.             By Application

7.4.4.3.         Market Attractiveness Index

7.4.5.     Vietnam Farm Tractors Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value & Volume

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Power Output

7.4.5.2.2.             By Application

7.4.5.3.         Market Attractiveness Index

7.4.6.     South Korea Farm Tractors Market Outlook

7.4.6.1.         Market Size & Forecast

7.4.6.1.1.             By Value & Volume

7.4.6.2.         Market Share & Forecast

7.4.6.2.1.             By Power Output

7.4.6.2.2.             By Application

7.4.6.3.         Market Attractiveness Index

8.    Europe & CIS Farm Tractors Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Power Output

8.2.2.     By Drive Type

8.2.3.     By Application

8.2.4.     By Country

8.3.  Market Attractiveness Index

8.4.  Europe: Country Analysis

8.4.1.     France Farm Tractors Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value & Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Power Output

8.4.1.2.2.             By Application

8.4.1.3.         Market Attractiveness Index

8.4.2.     Germany Farm Tractors Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value & Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Power Output

8.4.2.2.2.             By Application

8.4.2.3.         Market Attractiveness Index

8.4.3.     United Kingdom Farm Tractors Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value & Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Power Output

8.4.3.2.2.             By Application

8.4.3.3.         Market Attractiveness Index

8.4.4.     Italy Farm Tractors Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value & Volume

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Power Output

8.4.4.2.2.             By Application

8.4.4.3.         Market Attractiveness Index

8.4.5.     Poland Farm Tractors Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value & Volume

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Power Output

8.4.5.2.2.             By Application

8.4.5.3.         Market Attractiveness Index

8.4.6.     Turkey Farm Tractors Market Outlook

8.4.6.1.         Market Size & Forecast

8.4.6.1.1.             By Value & Volume

8.4.6.2.         Market Share & Forecast

8.4.6.2.1.             By Power Output

8.4.6.2.2.             By Application

8.4.6.3.         Market Attractiveness Index

9.    North America Farm Tractors Market Outlook

9.1.  Market Size & Forecast

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Power Output

9.2.2.     By Drive Type

9.2.3.     By Application

9.2.4.     By Country

9.3.  Market Attractiveness Index

9.4.  North America: Country Analysis

9.4.1.     United States Farm Tractors Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value & Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Power Output

9.4.1.2.2.             By Application

9.4.1.3.         Market Attractiveness Index

9.4.2.     Mexico Farm Tractors Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value & Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Power Output

9.4.2.2.2.             By Application

9.4.2.3.         Market Attractiveness Index

9.4.3.     Canada Farm Tractors Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value & Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Power Output

9.4.3.2.2.             By Application

9.4.3.3.         Market Attractiveness Index

10.  South America Farm Tractors Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Power Output

10.2.2.  By Drive Type

10.2.3.  By Application

10.2.4.  By Country

10.3.              Market Attractiveness Index

10.4.              South America: Country Analysis

10.4.1.  Brazil Farm Tractors Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value & Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Power Output

10.4.1.2.2.           By Application

10.4.1.3.      Market Attractiveness Index

10.4.2.  Argentina Farm Tractors Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value & Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Power Output

10.4.2.2.2.           By Application

10.4.2.3.      Market Attractiveness Index

10.4.3.  Colombia Farm Tractors Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value & Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Power Output

10.4.3.2.2.           By Application

10.4.3.3.      Market Attractiveness Index

11.  Middle East and Africa Farm Tractors Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Power Output

11.2.2.  By Drive Type

11.2.3.  By Application

11.2.4.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Farm Tractors Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value & Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Power Output

11.4.1.2.2.           By Application

11.4.1.3.      Market Attractiveness Index

11.4.2.  Saudi Arabia Farm Tractors Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value & Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Power Output

11.4.2.2.2.           By Application

11.4.2.3.      Market Attractiveness Index

11.4.3.  UAE Farm Tractors Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value & Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Power Output

11.4.3.2.2.           By Application

11.4.3.3.      Market Attractiveness Index

11.4.4.  Qatar Farm Tractors Market Outlook

11.4.4.1.      Market Size & Forecast

11.4.4.1.1.           By Value & Volume

11.4.4.2.      Market Share & Forecast

11.4.4.2.1.           By Power Output

11.4.4.2.2.           By Application

11.4.4.3.      Market Attractiveness Index

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Price Point Analysis

15.  Policy & Regulatory

16.  Competitive Landscape

17. Strategic Recommendation

Figures and Tables

Frequently asked questions

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The growing agriculture industry and increasing mechanization and productivity requirements are expected to drive the demand of global farm tractors market.

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The market is studied and divided the market into regions, namely, North America, South America, Europe & CIS, Asia-pacific, and the Middle East and Africa. The Asia-pacific region is expected to hold the largest market share in the forecast period.

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Based on power output, the market is divided into 30, 31–100, 101–200, >200hp. 31–100 is expected to capture the largest market share in the forecast period.

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J C Bamford Excavators Ltd., AGCO Corporation, CNH Industrial N.V., Escorts Ltd., Tractors and Farm Equipment Limited, Deere & Company, Mahindra & Mahindra Ltd., Zetor Tractors A.S., Iseki & Co., Ltd., Same Deutz-Fahr Italia S.P.A., Kubota Corporation are the key players leading the growth of the global farm tractors market.

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