Abstract, Snapshot, Market Analysis & Market Definition: Farm Tractors Market
Farm tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction. Most commonly, the term is used to describe a farm vehicle that provides the power and traction to mechanize agricultural tasks, especially (and originally) tillage, but nowadays a great variety of tasks. Agricultural implements may be towed behind or mounted on the tractor, and the tractor may also provide a source of power if the implement is mechanized. The EMEA farm tractor industry concentration is relatively high; there are many players in the Europe, and high-end products mainly from US, Germany and Italy etc. The top 3 players, i. e. CNH Industrial, Deere, AGCO Corporation take a revenue market share of about half of the total EMEA market. For East Europe market, MTZ (Minsk) is the biggest player, she mainly export her products to Russia and other east Europe market, she puts much effort in the whole east Europe market. As for Middle East market, ITMCO is a big native brand that from Iran, she cooperate with Massey Ferguson, a brand from AGCO to expand her capacity, she also has relationship with Mahindra and China YTO, to improve product quality. Many companies have several plants, usually located in the place close to aimed consumption region. MTZ (Minsk) starts a new plant plan in Nigeria in Y2018.
In 2019, the market size of Farm Tractors is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Farm Tractors. This report studies the global market size of Farm Tractors, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Farm Tractors production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Farm Tractors Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Wheel Tractor
Crawler Tractor
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Harvesting
Haying
Planting & Fertilizing
Plowing & Cultivating
Spraying & Others
Key Players, Recent Developments & Sector Viewpoints: Farm Tractors Market
CNH Industrial
Deere
AGCO Corporation
Same Deutz-Fahr
Claas
Kubota
Agri Argo
JCB
ITMCO
MTZ (Minsk)
Mahindra
China YTO
Key Insights Covered: Exhaustive Farm Tractors Market
1. Market size (sales, revenue and growth rate) of Farm Tractors industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Farm Tractors industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Farm Tractors industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Farm Tractors industry.
Research Methodology: Farm Tractors Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.