Tractor Implements Market is Valued at $55.14 Billion in 2017 and will reach $98.75 Billion by 2026, CAGR of 6.7% | Top Key Players - CNH Industrial NV, Claas KGaA Mbh, Actuant, Agco, Alamo Group, Mahindra & Mahindra, Kuhn Group, Kubota

Marketprognosis.com Publish a New Market Research Report On “Global Tractor Implements Market 2019 - 2026” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Tractor Implements Market:

The Global Tractor Implements Market is accounted for $55.14 Billion in 2017 and is expected to reach $98.75 Billion by 2026 growing at a CAGR of 6.7% during the forecast period.

Some of the key factors propelling the market growth are an effective way to reduce post-harvest on-field losses, high requirement of implements during the land development phase. However, high equipment cost due to technology integration may hamper the growth of the market. Furthermore, increase in the integration of technology and smart farming and government subsidiaries for implements are considered as the future growth opportunities of the market.

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A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort 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 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.

In terms of Power, powered segment is projected to be the growing segment owing to the increasing need to enhance food production and the integration of technologies in various farm equipment. Depending on the phase, irrigation & crop protection propels the market share with the increasing availability of exclusive types of machinery for harvesting, plowing, and sowing in the market, as well as sprayers and applicators as implements for tractors

On the basis of regional analysis, the Asia Pacific provides potential growth opportunities during the forecast period. Rising urbanization has led to limited agriculture labor in rural areas of the Asia Pacific region, which has led to an increasing need for mechanized farming techniques by investing in agricultural implements

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Major Key Players:

1 CNH Industrial N V

2 Deere & Company

3 Claas KGaA Mbh

4 Actuant

5 Agco Corporation

6 Alamo Group

7 Mahindra & Mahindra

8 Kuhn Group

9 J C Bamford Excavators Ltd (JCB)

10 Kubota Corporation and More………….

Market Segment by Powers:

1 Unpowered

2 Powered

Market Segment by Drives:

1 4-Wheel Drive

2 2-Wheel Drive

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Tractor Implements Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Tractor Implements Market, By Power

6 Global Tractor Implements Market, By Drive

7 Global Tractor Implements Market, By Phase

8 Global Tractor Implements Market, By Geography

9 Key Developments

10 Company Profiling

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