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Global Farm Tractor Market Outlook to 2027: Focus on Spraying, Ploughing/Plowing & Cultivating, Planting & Fertilizing, Haying & Harvesting - ResearchAndMarkets.com

December 29, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Dec 29, 2020--

The “Farm Tractor - Global Market Outlook (2019-2027)” report has been added to ResearchAndMarkets.com’s offering.

Global Farm Tractor market accounted for $9.11 billion in 2019 and is expected to reach $16.48 billion by 2027 growing at a CAGR of 7.7% during the forecast period.

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Some of the key factors propelling the growth of the market are rapid urbanization, increasing mechanization in the agriculture industry, and the growing demand for food products. However, the high initial cost is the restraining factor for the growth of the market.

Farm tractors are the vehicles specialized in pulling farm implements and helping in a better yield of agriculture output. These are widely used in farming and agriculture to improve agricultural productivity by performing ploughing, hauling and harvesting.

By power output type, the 31Hp-100 Hp segment is expected to grow at a significant market share during the forecast period because of its extensive use in the majority of the regions around the globe. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period which is attributed to the increasing agricultural activities in countries like China and India.

Some of the key players in Farm Tractor Market include AGCO Corporation, Argo Tractors S.p.A., Caterpillar, CLAAS Group, CNH Industrial, Deere & Company, Escorts Group, International Tractors Limited, JCB, Kubota Corporation, Mahindra & Mahindra Limited, Massey Ferguson Limited, SDF Group, Steyr Landmaschinentechnik AG, TAFE, and Yanmar Co.

What the Report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

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Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.5 Research Sources

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 Emerging Markets

3.8 Impact of Covid-19

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 Farm Tractor Market, By Drive Type

5.1 Introduction

5.2 Two-wheel Drive (2WD)

5.3 Four-wheel Drive (4WD)

6 Global Farm Tractor Market, By Mode of Operation

6.1 Introduction

6.2 Manual Tractor

6.3 Driverless Tractor

6.3.1 Autonomous

6.3.2 Semi-Autonomous

7 Global Farm Tractor Market, By Vehicle Type

7.1 Introduction

7.2 Gasoline and Diesel

7.3 Electric

8 Global Farm Tractor Market, By Power Output Type

8.1 Introduction

8.2 Above 300Hp

8.3 201Hp-300Hp

8.4 101Hp-200Hp

8.5 31Hp-100 Hp

8.6 &lessThan; 30 Hp

9 Global Farm Tractor Market, By Type

9.1 Introduction

9.2 Wheel Tractor

9.3 Crawler Tractor

10 Global Farm Tractor Market, By Design Type

10.1 Introduction

10.2 Tractor without CAB

10.3 Tractor with CAB

11 Global Farm Tractor Market, By System Type

11.1 Introduction

11.2 Without Loaders

11.3 Front Loaders

11.4 Backhoe Loaders

12 Global Farm Tractor Market, By Application

12.1 Introduction

12.2 Spraying

12.3 Ploughing/Plowing & Cultivating

12.4 Planting & Fertilizing

12.5 Haying

12.6 Harvesting

13 Global Farm Tractor Market, By Geography

13.1 Introduction

13.2 North America

13.2.1 US

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 Italy

13.3.4 France

13.3.5 Spain

13.3.6 Rest of Europe

13.4 Asia Pacific

13.4.1 Japan

13.4.2 China

13.4.3 India

13.4.4 Australia

13.4.5 New Zealand

13.4.6 South Korea

13.4.7 Rest of Asia Pacific

13.5 South America

13.5.1 Argentina

13.5.2 Brazil

13.5.3 Chile

13.5.4 Rest of South America

13.6 Middle East & Africa

13.6.1 Saudi Arabia

13.6.2 UAE

13.6.3 Qatar

13.6.4 South Africa

13.6.5 Rest of Middle East & Africa

14 Key Developments

14.1 Agreements, Partnerships, Collaborations and Joint Ventures

14.2 Acquisitions & Mergers

14.3 New Product Launch

14.4 Expansions

14.5 Other Key Strategies

15 Company Profiling

15.1 AGCO Corporation

15.2 Argo Tractors S.p.A.

15.3 Caterpillar

15.4 CLAAS Group

15.5 CNH Industrial

15.6 Deere & Company

15.7 Escorts Group

15.8 International Tractors Limited

15.9 JCB

15.10 Kubota Corporation

15.11 Mahindra & Mahindra Limited

15.12 Massey Ferguson Limited

15.13 SDF Group

15.14 Steyr Landmaschinentechnik AG

15.15 TAFE

15.16 Yanmar Co.

For more information about this report visit https://www.researchandmarkets.com/r/290ts6

View source version on businesswire.com:https://www.businesswire.com/news/home/20201229005187/en/

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KEYWORD:

INDUSTRY KEYWORD: AGRICULTURE OTHER AUTOMOTIVE NATURAL RESOURCES AUTOMOTIVE

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 12/29/2020 06:47 AM/DISC: 12/29/2020 06:47 AM

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