AP NEWS

North America Tractor Market, 2023 By Power Output (40 HP, 40 HP & Under 40 HP and 100 HP & Above), Drive Type (2-wheel Drive & 4-wheel Drive), & Application (Agriculture & Non-Agriculture) - ResearchAndMarkets.com

November 28, 2018

DUBLIN--(BUSINESS WIRE)--Nov 28, 2018--The “North America Tractor Market By Power Output (40 HP, 40 HP & Under 40 HP and 100 HP & Above), By Drive Type (2-wheel Drive & 4-wheel Drive), By Application (Agriculture & Non-Agriculture), By Country, Competition Forecast & Opportunities, 2013-2023” report has been added to ResearchAndMarkets.com’s offering.

North America tractor market is projected to surpass $ 20 billion by 2023, on the back of growing construction, infrastructure and mining sectors in North America.

Moreover, rising wages of laborers is pushing farmers to purchase tractors to cut down this expense, which is further likely to push demand for tractors across North America. Additionally, growing competition in North America tractor market is pushing OEMs to develop products with lower cost and higher efficiency.

This factor along with rising penetration of autonomous tractors is anticipated to aid the growth of North America tractor market.

North America Tractor Market, 2013-2023 discusses the following aspects of tractor market in North America:

Tractor Market Size, Share & Forecast Segmental Analysis - By Power Output (40 HP, 40 HP & Under 40 HP and 100 HP & Above), By Drive Type (2-wheel Drive & 4-wheel Drive), By Application (Agriculture & Non-Agriculture), By Country Competitive Analysis Changing Market Trends & Emerging Opportunities

Why You Should Buy This Report?

To gain an in-depth understanding of tractor market in North America To identify the on-going trends and anticipated growth in the next five years To help industry consultants, tractor distributors and other stakeholders align their market-centric strategies To obtain research-based business decisions and add weight to presentations and marketing material To gain competitive knowledge of leading market players To avail of 10% customization in the report without any extra charges and get the research data or trends added in the report as per the buyer’s specific needs

Some of the major players are include

Mahindra & Mahindra Ltd. Deere & Co (DE) (John Deere) Tractors and Farm Equipment Ltd. (TAFE) Sonalika International Tractors Ltd. AGCO Corporation CNH Industrial N. V. KUBOTA Corporation Changzhou Dongfeng Agricultural Machinery Group Co., Ltd. Argo Tractors S. p. A. CLAAS KGaA mbH

Key Topics Covered:

1. Product Overview

2. Research Methodology

3. Analyst View

4. North America Tractor Market Outlook 4.1. Market Size & Forecast 4.1.1. By Value & Volume 4.2. Market Share & Forecast 4.2.1. By Power Output (Under 40 HP, 40 HP & Under 100 HP and 100 HP & Above) 4.2.2. By Drive Type (2-wheel Drive and 4-wheel Drive) 4.2.3. By Application (Agriculture and Non-Agriculture) 4.2.4. By Country 4.3. Market Attractiveness Index (By Drive Type) 4.4. North America : Country Analysis

5. Market Dynamics 5.1. Drivers 5.2. Challenges

6. Market Trends & Developments

7. Competitive Landscape 7.1. Mahindra & Mahindra Ltd. 7.2. Deere & Co (DE) (John Deere) 7.3. Tractors and Farm Equipment Ltd. (TAFE) 7.4. Sonalika International Tractors Ltd. 7.5. AGCO Corporation 7.6. CNH Industrial N.V. 7.7. KUBOTA Corporation 7.8. Changzhou Dongfeng Agricultural Machinery Group Co., Ltd. 7.9. Argo Tractors S.p.A. 7.10. CLAAS KGaA mbH

8. Strategic Recommendations

For more information about this report visit https://www.researchandmarkets.com/research/fgv876/north_america?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181128005458/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: NORTH AMERICA

INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE AUTOMOTIVE OTHER AUTOMOTIVE GENERAL AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/28/2018 09:28 AM/DISC: 11/28/2018 09:28 AM

http://www.businesswire.com/news/home/20181128005458/en

AP RADIO
Update hourly