Press release
Global Garden Tractors Market Growth Analysis, Opportunities, Revenue and sales, Industry Research and Recent trends and Developments for the Projected period 2018-2025
Garden tractors, also known as compact utility tractors, are heavy-duty build tractors that are utilized for cutting grass. They are versatile garden maintenance machines that have more horsepower than the conventional lawn tractors.
The garden tractor market can segmented based on engine type, application, and region. Based on engine type, the garden tractor market can be divided into gasoline or diesel garden tractor and electric garden tractor. The global approach toward green vehicles is expected to boost the electric garden tractor segment during the forecast period.
Based on application, the garden tractor market can be segregated into mowing, mowing & hauling, and others. The grass cutting only segment accounts for a prominent share of the market owing to its major purpose of grass cutting. The grass cutting only segment is expected to expand at a sluggish pace owing to its higher cost, which in turn is boosting the demand for lawn tractors, which are economical, easy to operate, and are ideal for small gardens.
In terms of geography, the garden tractor market can be segmented into Asia Pacific, Europe, North America, Latin America, Middle East & Africa, and Rest of the World (ROW). Asia Pacific accounts for a major share of the global garden tractor market due to the high rate of adoption and rise in the number of golf courses in the region, especially in China, Japan, ASEAN, and South Korea. North America holds a major share of the market due to the increasing trend of homegrown organic fruits and vegetable in the region. The garden tractor market in North America is expected to expand at a significant growth rate owing to the preference for gardening in the region.
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The global Garden Tractors market is valued at million US$ in 2017 and will reach million US$ by the end of 2025, growing at a CAGR during 2018-2025.
The major manufacturers covered in this report
Deere & Company
AGCO Tractor
Caterpillar
CNH Global
Escorts
Farmtrac Tractor Europe
Mahindra & Mahindra Ltd.
Massey Ferguson Tractor
Kubota Tractor Corp
McCormick Tractors
Deutz-Fahr
Daedong
Claas Tractor
Kioti Tractor
Belarus Tractor
Massey Ferguson Tractor
Fendt
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
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