AP NEWS
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.
PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Global Agricultural Tractors Market Analysis 2017-2018 & Outlook 2019-2026 - ResearchAndMarkets.com

February 21, 2019

DUBLIN--(BUSINESS WIRE)--Feb 21, 2019--The “Agricultural Tractors - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.

According to this report, the Global Agricultural Tractors market accounted for $47.27 billion in 2017 and is expected to reach $92.54 billion by 2026 growing at a CAGR of 7.7% during the forecast period.

Growing people, advanced technology in agriculture machinery and rising demand for food crops are expected to bolster the demand for agricultural tractors market. However, high capital and operational costs are the major factors that hinder the adoption of farm tractors by small farmers.

By horsepower, Less Than 40 HP segment is witnessing lucrative growth due to the increasing demand for below 40 HP and above 100 HP agriculture tractors in almost all geographies. This is mainly due to the consolidation of small land and increased family-owned farming in countries such as the US.

Based on geography, the Asia-Pacific region dominates the global agricultural tractors market and expected to dominate the market over the forecast period owing to growing commercial farming activities in the region. China and India alone accounted for the more than 50% sales of tractors.

APAC countries, such as India and China, which had an abundance of cheap agricultural laborers, are also experiencing a rise in the minimum wage of agricultural laborers due to government intervention, causing acute scarcity of the agricultural laborers.

Scope

Topics Covered

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Product Analysis

3.7 Application Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Agricultural Tractors Market, By Type

5.1 Introduction

5.2 Wheeled Tractors

5.3 Pedestrian Tractors

6 Global Agricultural Tractors Market, By Horsepower

6.1 Introduction

6.2 More Than 250 HP

6.3 181 HP to 250 HP

6.4 121 HP to 180 HP

6.5 81HP to 120 HP

6.6 40HP to 80 HP

6.7 40 HP

6.8 Less Than 40 HP

7 Global Agricultural Tractors Market, By Engine Capacity

7.1 Introduction

7.2 High Power

7.3 Mid Power

7.4 Low Power

8 Global Agricultural Tractors Market, By Product

8.1 Introduction

8.2 4-Wheel Drive

8.3 2-Wheel Drive

8.4 All-Wheel Drive

8.5 Autonomous Drive

8.6 Other Products

9 Global Agricultural Tractors Market, By Equipment Type

9.1 Introduction

9.2 Threshers

9.3 Rotavators

10 Global Agricultural Tractors Market, By Application

10.1 Introduction

10.2 Irrigation

10.3 Harvesting

10.4 Seed Sowing

10.5 Other Applications

11 Global Agricultural Tractors Market, By Geography

11.1 Introduction

11.2 North America

11.2.1 US

11.2.2 Canada

11.2.3 Mexico

11.3 Europe

11.3.1 Germany

11.3.2 UK

11.3.3 Italy

11.3.4 France

11.3.5 Spain

11.3.6 Rest of Europe

11.4 Asia Pacific

11.4.1 Japan

11.4.2 China

11.4.3 India

11.4.4 Australia

11.4.5 New Zealand

11.4.6 South Korea

11.4.7 Rest of Asia Pacific

11.5 South America

11.5.1 Argentina

11.5.2 Brazil

11.5.3 Chile

11.5.4 Rest of South America

11.6 Middle East & Africa

11.6.1 Saudi Arabia

11.6.2 UAE

11.6.3 Qatar

11.6.4 South Africa

11.6.5 Rest of Middle East & Africa

12 Key Developments

12.1 Agreements, Partnerships, Collaborations and Joint Ventures

12.2 Acquisitions & Mergers

12.3 New Product Launch

12.4 Expansions

12.5 Other Key Strategies

13 Company Profiling

13.1 ARGO Tractors

13.2 Claas Group

13.3 Yanmar Agricultural Machinery Manufacturing Co. Ltd.

13.4 Deere & Company

13.5 Mahindra & Mahindra Limited

13.6 CNH Industrial

13.7 Kubota Corporation

13.8 Massey Ferguson Limited

13.9 Tractors And Farm Equipment Limited

13.10 Caterpillar

13.11 Dongfeng Farm

13.12 Earth Tools

13.13 Same Deutz-Fahr

13.14 Antonio Carraro

13.15 Cornish Tractors

13.16 Daedong Industrial

13.17 Escorts Group

13.18 Pronar

13.19 Siromer

13.20 Lindner

13.21 Balwan Tractors (Force Motors Ltd.)

13.22 Indofarm Tractors

13.23 Sonalika International

For more information about this report visit https://www.researchandmarkets.com/research/23drbs/global?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190221005826/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Topics:Tractors

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING NATURAL RESOURCES AGRICULTURE

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 02/21/2019 02:13 PM/DISC: 02/21/2019 02:13 PM

http://www.businesswire.com/news/home/20190221005826/en