This study categorizes the global Farm Tractors breakdown data by manufacturers, region, type and application, also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Farm tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction. Most commonly, the term is used to describe a farm vehicle that provides the power and traction to mechanize agricultural tasks, especially (and originally) tillage, but nowadays a great variety of tasks. Agricultural implements may be towed behind or mounted on the tractor, and the tractor may also provide a source of power if the implement is mechanized.
The EMEA farm tractor industry concentration is relatively high; there are many players in the Europe, and high-end products mainly from US, Germany and Italy etc.
The top 3 players, i.e. CNH Industrial, Deere, AGCO Corporation take a revenue market share of about half of the total EMEA market.
For East Europe market, MTZ (Minsk) is the biggest player, she mainly export her products to Russia and other east Europe market, she puts much effort in the whole east Europe market.
As for Middle East market, ITMCO is a big native brand that from Iran, she cooperate with Massey Ferguson, a brand from AGCO to expand her capacity, she also has relationship with Mahindra and China YTO, to improve product quality.
Many companies have several plants, usually located in the place close to aimed consumption region. MTZ (Minsk) starts a new plant plan in Nigeria in Y2018.
Global Farm Tractors market size will increase to xx Million US$ by 2025, from xx Million US$ in 2017, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Farm Tractors.
This report focuses on the top manufacturers' Farm Tractors capacity, production, value, price and market share of Farm Tractors in global market. The following manufacturers are covered in this report:
Farm Tractors Breakdown Data by Type
Farm Tractors Breakdown Data by Application
Planting & Fertilizing
Plowing & Cultivating
Spraying & Others
Farm Tractors Production Breakdown Data by Region
Farm Tractors Consumption Breakdown Data by Region
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Farm Tractors capacity, production, value, consumption, status and forecast;
To focus on the key Farm Tractors manufacturers and study the capacity, production, value, market share and development plans in next few years.
To focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Farm Tractors :
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.