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Farm Tractor Market

Farm Tractor - Global Market Outlook (2019-2027)

4.4 (66 reviews)
Published: November 2020 ID: SMRC20110
4.4 (66 reviews)
Published: November 2020 ID: SMRC20110

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Farm Tractor Market is 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. 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.

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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. 

Drive Types Covered:
• Two-wheel Drive (2WD)
• Four-wheel Drive (4WD)

Modes of Operation Covered:
• Manual Tractor
• Driverless Tractor

Vehicle Types Covered:
• Gasoline and Diesel
• Electric

Power Output Types Covered:
• Above 300Hp
• 201hp-300Hp
• 101hp–200Hp
• 31hp–100 Hp
• <30 Hp

Types Covered:
• Wheel Tractor
• Crawler Tractor

Design Types Covered:
• Tractor without CAB
• Tractor with CAB

System Types Covered:
• Without Loaders
• Front Loaders
• Backhoe Loaders

Applications Covered:
• Spraying
• Ploughing/Plowing & Cultivating
• Planting & Fertilizing
• Haying
• Harvesting

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our 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

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary   
     
2 Preface    

 2.1 Abstract   
 2.2 Stake Holders  
 2.3 Research Scope  
 2.4 Research Methodology 
  2.4.1 Data Mining 
  2.4.2 Data Analysis 
  2.4.3 Data Validation 
  2.4.4 Research Approach 
 2.5 Research Sources  
  2.5.1 Primary Research Sources
  2.5.2 Secondary Research Sources
  2.5.3 Assumptions 
     
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 <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.  


List of Tables    
1 Global Farm Tractor Market Outlook, By Region (2018-2027) ($MN)
2 Global Farm Tractor Market Outlook, By Drive Type (2018-2027) ($MN)
3 Global Farm Tractor Market Outlook, By Two-wheel Drive (2WD) (2018-2027) ($MN)
4 Global Farm Tractor Market Outlook, By Four-wheel Drive (4WD) (2018-2027) ($MN)
5 Global Farm Tractor Market Outlook, By Mode of Operation (2018-2027) ($MN)
6 Global Farm Tractor Market Outlook, By Manual Tractor (2018-2027) ($MN)
7 Global Farm Tractor Market Outlook, By Driverless Tractor (2018-2027) ($MN)
8 Global Farm Tractor Market Outlook, By Autonomous (2018-2027) ($MN)
9 Global Farm Tractor Market Outlook, By Semi-Autonomous (2018-2027) ($MN)
10 Global Farm Tractor Market Outlook, By Vehicle Type (2018-2027) ($MN)
11 Global Farm Tractor Market Outlook, By Gasoline and Diesel (2018-2027) ($MN)
12 Global Farm Tractor Market Outlook, By Electric (2018-2027) ($MN)
13 Global Farm Tractor Market Outlook, By Power Output Type (2018-2027) ($MN)
14 Global Farm Tractor Market Outlook, By Above 300Hp (2018-2027) ($MN)
15 Global Farm Tractor Market Outlook, By 201Hp-300Hp (2018-2027) ($MN)
16 Global Farm Tractor Market Outlook, By 101Hp–200Hp (2018-2027) ($MN)
17 Global Farm Tractor Market Outlook, By 31Hp–100 Hp (2018-2027) ($MN)
18 Global Farm Tractor Market Outlook, By <30 Hp (2018-2027) ($MN)
19 Global Farm Tractor Market Outlook, By Type (2018-2027) ($MN)
20 Global Farm Tractor Market Outlook, By Wheel Tractor (2018-2027) ($MN)
21 Global Farm Tractor Market Outlook, By Crawler Tractor (2018-2027) ($MN)
22 Global Farm Tractor Market Outlook, By Design Type (2018-2027) ($MN)
23 Global Farm Tractor Market Outlook, By Tractor without CAB (2018-2027) ($MN)
24 Global Farm Tractor Market Outlook, By Tractor with CAB (2018-2027) ($MN)
25 Global Farm Tractor Market Outlook, By System Type (2018-2027) ($MN)
26 Global Farm Tractor Market Outlook, By Without Loaders (2018-2027) ($MN)
27 Global Farm Tractor Market Outlook, By Front Loaders (2018-2027) ($MN)
28 Global Farm Tractor Market Outlook, By Backhoe Loaders (2018-2027) ($MN)
29 Global Farm Tractor Market Outlook, By Application (2018-2027) ($MN)
30 Global Farm Tractor Market Outlook, By Spraying (2018-2027) ($MN)
31 Global Farm Tractor Market Outlook, By Ploughing/Plowing & Cultivating (2018-2027) ($MN)
32 Global Farm Tractor Market Outlook, By Planting & Fertilizing (2018-2027) ($MN)
33 Global Farm Tractor Market Outlook, By Haying (2018-2027) ($MN)
34 Global Farm Tractor Market Outlook, By Harvesting (2018-2027) ($MN)
     
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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