Global Farm Tractors market is projected to reach USD 139.58 Billion by 2023 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 2017 in farm tractor market and is estimated to maintain its dominance over the next five years as well. In 2017- 2023, APAC is estimated to be the largest and fastest growing market for farm tractors.

Historical Period: 2013-2016

Base Year: 2017

Estimated Year: 2018

Forecast Period: 2018–2023

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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Some of the major key players operating in Farm Tractors 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.

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.

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.

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1.    Product Overview

2.    Research Methodology

3.    Analyst View

4.    Voice of Customer

4.1.    Factors Influencing Purchase Decision

4.2.    Influencer of Purchase

4.3.    Unaided/Aided Brand Recall

4.4.    Brand Satisfaction Level

5.    Global Farm Tractor Market Outlook

5.1.    Market Size & Forecast

5.1.1.By Value & Volume

5.2.    Market Share & Forecast

5.2.1.By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

5.2.2.By Drive Type (2-Wheel Drive & 4-Wheel Drive)

5.2.3.By Company

5.2.4.By Region

5.3.    Market Attractiveness Index (By Drive Type)

6.    Asia-Pacific Farm Tractor Market Outlook

6.1.    Market Size & Forecast

6.1.1.By Value & Volume

6.2.    Market Share & Forecast

6.2.1.By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

6.2.2.By Drive Type (2-Wheel Drive & 4-Wheel Drive)

6.2.3.By Country

6.3.    Market Attractiveness Index (By Drive Type)

6.4.   Asia-Pacific: Country Analysis

6.4.1.India Farm Tractor Market Outlook

6.4.1.1.   Market Size & Forecast

6.4.1.1.1.     By Value & Volume

6.4.1.2.   Market Share & Forecast

6.4.1.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

6.4.1.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

6.4.1.3.   Market Attractiveness Index (By Drive Type)

6.4.2.China Farm Tractor Market Outlook

6.4.2.1.   Market Size & Forecast

6.4.2.1.1.     By Value & Volume

6.4.2.2.   Market Share & Forecast

6.4.2.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

6.4.2.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

6.4.2.3.   Market Attractiveness Index (By Drive Type)

6.4.3.Japan Farm Tractor Market Outlook

6.4.3.1.   Market Size & Forecast

6.4.3.1.1.     By Value & Volume

6.4.3.2.   Market Share & Forecast

6.4.3.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

6.4.3.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

6.4.3.3.   Market Attractiveness Index (By Drive Type)

6.4.4.Australia Farm Tractor Market Outlook

6.4.4.1.   Market Size & Forecast

6.4.4.1.1.     By Value & Volume

6.4.4.2.   Market Share & Forecast

6.4.4.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

6.4.4.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

6.4.4.3.   Market Attractiveness Index (By Drive Type)

7.    Europe Farm Tractor Market Outlook

7.1.    Market Size & Forecast

7.1.1.By Value & Volume

7.2.    Market Share & Forecast

7.2.1.By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.2.2.By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.2.3.By Country

7.3.    Market Attractiveness Index (By Drive Type)

7.4.   Europe: Country Analysis

7.4.1.Turkey Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.1.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.1.3.   Market Attractiveness Index (By Drive Type)

7.4.2.Germany Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.2.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.2.3.   Market Attractiveness Index (By Drive Type)

7.4.3.France Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.3.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.3.3.   Market Attractiveness Index (By Drive Type)

7.4.4.Italy Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.4.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.4.3.   Market Attractiveness Index (By Drive Type)

7.4.5.United Kingdom Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.5.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.5.3.   Market Attractiveness Index (By Drive Type)

7.4.6.Spain Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.6.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.6.3.   Market Attractiveness Index (By Drive Type)

7.4.7.Portugal Farm Tractor Market Outlook

7.4.7.1.   Market Size & Forecast

7.4.7.1.1.     By Value & Volume

7.4.7.2.   Market Share & Forecast

7.4.7.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.7.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.7.3.   Market Attractiveness Index (By Drive Type)

7.4.8.Austria Farm Tractor Market Outlook

7.4.8.1.   Market Size & Forecast

7.4.8.1.1.     By Value & Volume

7.4.8.2.   Market Share & Forecast

7.4.8.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.8.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.8.3.   Market Attractiveness Index (By Drive Type)

7.4.9.Belgium Farm Tractor Market Outlook

7.4.9.1.   Market Size & Forecast

7.4.9.1.1.     By Value & Volume

7.4.9.2.   Market Share & Forecast

7.4.9.2.1.     By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

7.4.9.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

7.4.9.3.   Market Attractiveness Index (By Drive Type)

8.    North America Farm Tractor Market Outlook

8.1.    Market Size & Forecast

8.1.1.By Value & Volume

8.2.    Market Share & Forecast

8.2.1.By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

8.2.2.By Drive Type (2-Wheel Drive & 4-Wheel Drive)

8.2.3.By Country

8.3.    Market Attractiveness Index (By Drive Type)

8.4.   North America: Country Analysis

8.4.1.United States Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

8.4.1.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

8.4.1.3.   Market Attractiveness Index (By Drive Type)

8.4.2.Canada Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

8.4.2.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

8.4.2.3.   Market Attractiveness Index (By Drive Type)

8.4.3.Mexico Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

8.4.3.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

8.4.3.3.   Market Attractiveness Index (By Drive Type)

9.    South America Farm Tractor Market Outlook

9.1.    Market Size & Forecast

9.1.1.By Value & Volume

9.2.    Market Share & Forecast

9.2.1.By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

9.2.2.By Drive Type (2-Wheel Drive & 4-Wheel Drive)

9.2.3.By Country

9.3.    Market Attractiveness Index (By Drive Type)

9.4.   South America: Country Analysis

9.4.1.Brazil Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

9.4.1.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

9.4.1.3.   Market Attractiveness Index (By Drive Type)

9.4.2.Argentina Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

9.4.2.2.2.     By Drive Type (2-Wheel Drive & 4-Wheel Drive)

9.4.2.3.   Market Attractiveness Index (By Drive Type)

10.Middle East & Africa Farm Tractor Market Outlook

10.1.  Market Size & Forecast

10.1.1.    By Value & Volume

10.2.  Market Share & Forecast

10.2.1.    By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

10.2.2.    By Drive Type (2-Wheel Drive & 4-Wheel Drive)

10.2.3.    By Country

10.3.  Market Attractiveness Index (By Drive Type)

10.4.  Middle East & Africa: Country Analysis

10.4.1.    South Africa Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

10.4.1.2.2. By Drive Type (2-Wheel Drive & 4-Wheel Drive)

10.4.1.3.    Market Attractiveness Index (By Drive Type)

10.4.2.    Kenya Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

10.4.2.2.2. By Drive Type (2-Wheel Drive & 4-Wheel Drive)

10.4.2.3.    Market Attractiveness Index (By Drive Type)

10.4.3.    Saudi Arabia Farm Tractor 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 (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above)

10.4.3.2.2. By Drive Type (2-Wheel Drive & 4-Wheel Drive)

10.4.3.3.          Market Attractiveness Index (By Drive Type)

11.Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.Market Trends & Developments

13.Pricing Analysis

14.Competitive Landscape

14.1.  Mahindra & Mahindra Ltd.

14.2.  Deere & Co

14.3.  Farm Tractors and Farm Equipment Ltd. (TAFE)

14.4.  Sonalika International Farm Tractors Ltd.

14.5.  AGCO Corporation

14.6.  CNH Industrial N.V.

14.7.  KUBOTA Corporation

14.8.  Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.

14.9.  Argo Farm Tractors S.p.A.

14.10.   CLAAS KGaA mbH

15.Strategic Recommendations

 

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