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Brazil Agriculture Tractors Market is Forecasted to Grow at a CAGR of 5.8% Between 2019-2024 - ResearchAndMarkets.com

January 23, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 23, 2020--

The “Brazil Agriculture Tractors Market-Size, Trends, Competitive Analysis and Forecasts (2019-2024)” report has been added to ResearchAndMarkets.com’s offering.

The agriculture tractor market in Brazil is forecasted to grow at a CAGR of 5.8% during 2019-2024.

Agriculture is the most dynamic sector of the Brazilian economy and a major contributor to the gross domestic product (GDP). Agriculture also accounts for the major share of the country’s exports; it also generates employment. In recent decades, with the integration of technology agriculture has undergone major transformations that have resulted in the sector’s modernization. However, some farm units operate with little technology, indicating a long way for modern development models. The Brazilian agricultural expansion potential is large and mechanization plays an important role in supporting the production systems.

Brazil is known worldwide as one of the major producers of grain, meat, sugar, coffee and other products. Agribusiness is one of the main activities in Brazil and contributes significantly to the Brazilian economy. This has led to even greater investments and developments in the market of agricultural machinery and implements in the country. The Government is focused on increasing the agriculture exports outputs and hence promoting for greater farm productivity and enhancing the quality of products. The dwindling farm laborers to excessive urbanization and industrialization along with the above factors have created a very strong growth platform for the agriculture tractors market. However heavy dependence on the prices of international commodities and less conducive credit policies hinders the growth of the market. Increasing land areas with agricultural potential provides opportunity to the agriculture tractor market.

Key Deliverables

Key Topics Covered:

1. Introduction

1.1 Research Methodology

1.2 Scope of the Study

1.3 Assumptions

2. Summary

3. Industry Dynamics

3.1 Drivers

3.1.1 Growing access to subsidies and credits for Farm Machinery in Asia

3.1.2 Push for agriculture mechanization from policy makers

3.1.3 Focus to increase cropping intensity

3.1.4 Dwindling agriculture laborers due to Urbanization

3.2 Restraints

3.2.1 Diminishing area under agriculture

3.2.2 Increased number of fragmented landholding in Asia

3.2.2 Consolidating farmland under contract farming & co-operatives

3.3 Opportunities

3.3.1 Growing emphasis on Precision farming

3.3.2 Hill Agriculture

3.3.3 Gender friendly tools and Equipment

3.3.4 Crop Specific Package of machines

3.4 Porter’s Five Forces Analysis

3.4.1 Bargaining power of Suppliers

3.4.2 Bargaining power of Buyers

3.4.3 Degree of Competition

3.4.4 Threat of Substitution

3.4.5 Threat of new entrants

3.5 Future Trends in the Industry

3.6 Value Chain Analysis

3.7 Industry Policies & Regulations

3.8 Market Innovations

4. Market Size and Forecast

4.1 Market Share, By Types

4.1.1 Utility Tractors

4.1.2 Row crop tractors

4.1.3 Garden Tractor

4.1.4 Orchard Tractor

4.1.4 Rotary Tillers

4.1.5 Others

4.2 Market Share, By Horse Power

4.2.1 Below 40 HP

4.2.2 40 HP-100 HP

4.2.3 Above 100 HP

4.3 Market Share, By Wheel Type

4.3.1 Two Wheel

4.3.2 Four Wheel

5. Competitive Analysis

5.1 Market Share Analysis

5.2 Growth Strategies of leading players

5.3 Investment and Development Prospects

5.3.1 Investment in past five years

5.3.2 Investment Opportunities

5.4 Competition Pattern

5.4.1 Concentration Ratio

5.4.2 Industry Competition

5.5 Price Trend Analysis

5.5.1 Product Classifications and Their Prices

5.5.2 Factors Influencing Prices

6. Company Profiles

6.1 AGCO Corp.

6.2 Claas KGaA mbH

6.3 CNH Industrial N.V

6.4 Deere and Company

6.5 Deutz-Fahr

6.6 Escorts Limited

6.7 Kubota Corporation

6.8 Kuhn Group

6.9 Mahindra & Mahindra Ltd.

6.10 Tractors and Farm Equipment Ltd.

6.11 Yanmar Company Limited

For more information about this report visit https://www.researchandmarkets.com/r/kc5vfa

View source version on businesswire.com:https://www.businesswire.com/news/home/20200123005435/en/

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KEYWORD: SOUTH AMERICA BRAZIL

INDUSTRY KEYWORD: AGRICULTURE NATURAL RESOURCES

SOURCE: Research and Markets

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PUB: 01/23/2020 08:40 AM/DISC: 01/23/2020 08:40 AM

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