Farm Tractor Market Landscape :
The research provides up-to-date information on market revenue and current industry trends for the “Farm Tractor Market”. In addition to discussing proactive and well-thought-out management techniques, it pays close attention to an overview of the Farm Tractor Market, including its definition and market structure. The report examines crucial factors that have an impact on the industry, such as supply, capacity utilisation, market share, costs, and gross margin. It also aids in comprehending the prospective course of the Farm Tractor Market in the ensuing years. This thorough research provides a market overview through common issues that are each supported by relevant data that focuses on particular demands and requirements.
Farm Tractor Market Valuation :
The Farm Tractor Market reached a value of US $ 73.67 Bn. in 2022. Global Farm Tractor Market size is expected to grow at a CAGR of 5.1%. The market is expected to reach a value of US $ 104.36 Bn. in 2029.
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Farm Tractor Market Segmentation
Global Farm Tractor Market Size, by Power Output (2022-2029)
• <30 Hp • 31Hp -150Hp • 151Hp -250Hp • >250Hp
The market is divided into three sub-segments based on power output: 40 to 100 horsepower, and greater than 100 horsepower. As measured by volume, the market in 2019 was led by the sub-40 HP sector, which accounted for more over 60% of the total. This is because modern agricultural tractors have several benefits, including their affordability, small size, and ability to carry out all necessary agricultural chores. The market is anticipated to expand in the upcoming years as more emerging nations embrace agricultural tractors.
Global Farm Tractor Market Size, by Drive type (2022-2029)
• Two-wheel drive
• Four-wheel drive
The market is divided into two sub-segments based on the kind of driver: two-wheel drive and four-wheel drive. The pandemic will cause a negative growth rate for 2WD tractor transmissions in 2022, which will lower overall tractor sales. Approximately 97-98% of 2WD tractors are sold worldwide. Tractors with 4WD are more appropriate for large-scale field operations that demand a lot of flexibility. By 2029, the volume will have doubled in compared to 2020.
Global Farm Tractor Market Size, by System type (2022-2029)
• Without loaders
• Backhoe loaders
Global Farm Tractor Market Size, by Design Type (2022-2029)
• Tractor without CAB
• Tractor with CAB
Farm Tractor Market Report Purpose
Farm Tractor Market published by Maximize Market Research is the culmination of thorough primary and secondary research. The qualitative and quantitative data in the Farm Tractor Market report is expected to assist decision-makers in determining which market segments, regions, and variables driving the market are likely to develop at higher rates, as well as major opportunity areas.
Maximize Market Research's report on Farm Tractor Market includes a PESTLE analysis, which aids in the development of company strategies. Political variables can help you figure out how much a government can influence the Farm Tractor market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Farm Tractor market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Farm Tractor market is aided by legal factors.
Farm Tractor Market Regional Insights
- North America
- The MEA
- Latin America
The study's examination of the Farm Tractor Market looks at the supply chains of manufacturers, current laws and regulations, supply chains, cost structures, and market share. By examining the pricing of the commodities in the region in proportion to the profit created, the regional markets for the Farm Tractor Market are explored.
Farm Tractor Market Key Players
1. Claas KGaA mbH 2. CNH Industrial N.V. 3. AGCO Corporation 4. Mahindra & Mahindra Ltd. 5. Deere & Company 6. Kubota Corporation 7. Yanmar Co., Ltd. 8. Tractors and Farm Equipment Limited 9. Zetor Tractors A.S. 10. Alamo Group, Inc. 11. STEYR 12. New Holland Agriculture 13. Antonio Carraro 14. Argo Tractors S.p.A. 15. Changzhou Dongfeng Agricultural Machinery Group Co. Ltd. 16. CLAAS KGaA mbH 17. Steyr Landmaschinentechnik AG 18. Daedong-USA, Inc. KIOTI Tractor Division 19. Escorts Group 20. Force Motors Ltd. 21. Indo Farm Equipment Limited.
Competitive Environment –
Sales of Mahindra Group Tractors increased by 5.34% in July. The company sold 25,769 units in July 2022 as opposed to 24,463 units in July 2020. This clearly shows an improvement over the prior year, and in July 2022, its market share increased by 0.77%.
The Tafe Group's (Massey Ferguson and Eicher) tractor sales decreased by 5.25%. Tafi tractor sales in the domestic market reached 11,112 units in July 2022 and 11,728 units in July 2020. TAFE suffered a 1.54% market share loss as a result. July 2022:
The domestic tractor market had a drop of 1.27%, according to Sonalika Tractor. In July 2022, this brand sold 8,115 units, compared to 8,219 units in July 2020, for a 0.57 increase.
Table of Content: Sodium Bicarbonate Market
Part 01: Executive Summary
Part 02: Scope of the Sodium Bicarbonate Market Report
Part 03: Sodium Bicarbonate Market Landscape
Part 04: Sodium Bicarbonate Market Sizing
Part 05: Sodium Bicarbonate Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
- Market Overview
- Market Share
- Market Size
- Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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