Vision Research Report, Recently Announced New Report on “agricultural tractors market – Global Industry Analysis, Market Size, Share, Growth, Trends, Region Outlook, And Segment Forecasts, 2021 – 2030″.
Global “Agricultural tractors market” Report 2021 covering manufacturers, regions, segments, forecast to 2030 is that the recent research report with correct information and extremely authentic info. The report provides insights on market share, market size, rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. The Agricultural tractors research report focuses on the competitive surroundings that has section on company profile covering product specifications, geographical coverage, recent developments, revenue analysis, and market shares. what is more, the report offers strategic recommendations so as to help the consumers to align business goals.
The Agricultural tractors market revenue share is set to grow at a yearly rate of 6.7% during 2021-2030, while its valuation is Projected to jump from $ 2,750.3 thousand units in 2020 to $4,960 thousand units in 2030.
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By Engine Power Analysis
On the basis of engine power, the global market has been segmented into less than 40 HP, 41 to 100 HP, more than 100 HP. The less than 40 HP segment accounted for more than 61% market share in terms of volume.
The high growth can be attributed to low cost, compact size, and greater convenience offered by less than 40HP tractors to perform all basic farming operations.
The 40 HP to 100 HP segment is expected to register a significant CAGR during the forecast period. It is credited to a surge in demand for these tractors from developed markets, such as the U.S, Japan, and Germany.
Increased income levels, tech-savvy farmers, and well-established after sales services are expected to favor the growth of this segment over the forecast period. The rising demand for high-power tractors for more than 10-hectare farm sizes is expected to be a long-term factor, which is expected to drive the segment over the forecast period.
By Driveline Analysis
On the basis of driveline type, the global market has been bifurcated into 2 Wheel Drive (WD) and 4WD. The 2WD segment accounted for more than 79.5% market share in terms of volume. The segment is also estimated to register the fastest growth rate over the forecast period.
A hike in diesel prices has already increased the operation cost of farmers, which is expected to be one of the serious concerns over the forecast period. Currently, India outsources semiconductor chips and devices for the automobile and other sectors. Therefore, to overcome the semiconductor shortage in the country, the government announced a USD 10 billion packages to incentivize companies to set up production units in India.
By Regional Analysis
Asia Pacific led the global market with a volume share of more than 73.5% in 2021 and is estimated to grow further at the fastest CAGR over the forecast period retaining the dominant position.
The market is driven by India, followed by China and the rest of Asia Pacific. India led the APAC regional market accounting for more than 40% share in 2021. In India, product sales are expected to reach over 900 thousand units by 2022. Easy loan availability,
Europe is expected to grow at a moderate growth rate in terms of volume over the next few quarters in 2022. The growth is attributed to the increased demand for large farm tractors, particularly from Italy, Greece, and Lithuania.
Global Agricultural tractors market report provides key statistics on the state of the trade and could be a valuable supply of steerage and direction for corporations and people curious about the market. The Agricultural tractors trade trends and promoting channels analysed. Agricultural tractors Market discovers numerous topics like regional market scope, product market numerous applications, market size consistent with specific product, sales and revenue by region, producing analysis, Industrial Chain, Market result Factors Analysis, market size forecast, and more. Finally, the practicableness of latest investment comes is evaluated and overall analysis conclusions offered.
Key Players
Market Segmentation
Global Agricultural tractors Market: Drivers and Restrains
The analysis report has incorporated the analysis of various factors that augment the market’s growth. It constitutes trends, restraints, and drivers that remodel the market in either a positive or negative manner. This section additionally provides the scope of various segments and applications that may probably influence the market within the future. The elaborated info is predicated on current trends and historic milestones. This section additionally provides an analysis of the amount of production regarding the world market and regarding every kind from 2021-2030.
COVID-19 impact on the Agricultural tractors market
COVID-19 is associate communicable disease caused by the novel coronavirus. for the most part unknown before this happening across the world, COVID-19 has captive from a regional crisis to a worldwide pandemic in precisely a matter of a number of weeks. the world Health Organization (WHO) declared COVID-19 as an epidemic on March 11, 2021.
COVID-19 has compact most the industries across the world by disrupting provide chains and impeding numerous industrial operations. COVID-19-responsive measures undertaken by governments, like lockdown and social distancing, led to the closure of producing plants in the initial stage of the pandemic. With only a few industrial operations allowed, the demand for numerous input product within the industrial sector has declined considerably.
Key Highlights Involved in the Market Research Report: –
Agricultural tractors Market Study Coverage: It includes key market segments, key makers covered, the scope of product offered within the years thought of, world Agricultural tractors Market and study objectives. in addition, it touches the segmentation study provided within the report on the idea of the sort of product and applications.
Agricultural tractors Market executive Summary: This section emphasizes the key studies, market rate, competitive landscape, market drivers, trends, and problems additionally to the gross indicators.
Agricultural tractors Market Production by Region: The report delivers knowledge associated with import and export, revenue, production, and key players of all regional markets studied area unit coated during this section.
Agricultural tractors Market Profile of Manufacturers: Analysis of every market player profiled is elaborated during this section. This section conjointly provides SWOT analysis, products, production, value, capacity, and different very important factors of the individual player.
The report delivers a comprehensive study of all the segments and shares info concerning the leading regions within the market. This report additionally states import/export consumption, offer and demand Figures, cost, business share, policy, price, revenue, and gross margins.
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Agricultural Tractors Market, By Engine Power
7.1. Agricultural Tractors Market, by Engine Power, 2021-2030
7.1.1. Less than 40 HP
7.1.1.1. Market Revenue and Forecast (2019-2030)
7.1.2. 41 to 100 HP
7.1.2.1. Market Revenue and Forecast (2019-2030)
7.1.3. More than 100 HP
7.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 8. Global Agricultural Tractors Market, By Driveline Type
8.1. Agricultural Tractors Market, by Driveline Type, 2021-2030
8.1.1. 2WD
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. 4WD
8.1.2.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Agricultural Tractors Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.1.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.1.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.1.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.2.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.2.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.2.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.2.5.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.2.6.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.3.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.3.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.3.5.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.3.6.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.4.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.4.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.4.5.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.4.6.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.5.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.5.3.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Engine Power (2019-2030)
9.5.4.2. Market Revenue and Forecast, by Driveline Type (2019-2030)
Chapter 10. Company Profiles
10.1. AGCO Corp.
10.1.1. Company Overview
10.1.2. Engine Power Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. CNH Industrial N.V.
10.2.1. Company Overview
10.2.2. Engine Power Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Deere & Company
10.3.1. Company Overview
10.3.2. Engine Power Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. CLAAS KGaAmbH
10.4.1. Company Overview
10.4.2. Engine Power Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Escorts Ltd.
10.5.1. Company Overview
10.5.2. Engine Power Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. International Tractors Ltd.
10.6.1. Company Overview
10.6.2. Engine Power Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. YanmarCo., Ltd.
10.7.1. Company Overview
10.7.2. Engine Power Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. KubotaCorp.
10.8.1. Company Overview
10.8.2. Engine Power Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Mahindra & Mahindra Ltd.
10.9.1. Company Overview
10.9.2. Engine Power Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Tractors and Farm Equipment Ltd.
10.10.1. Company Overview
10.10.2. Engine Power Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
Glossary of Terms
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