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Farm Tractors – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)
Farm Tractors – Market Growth, Trends, Forecast and COVID-19 Impacts (2014 - 2026)Latest market research report on Global Farm Tractors Market published by Global Market Monitor, offers updated COVID-19 Impacts on global or regional Farm Tractors market.
Farm tractors are used to pull or push agricultural machinery or trailers for farming, seeding, and similar tasks.
The agricultural tractor market is highly integrated, with only a few participants monopolizing most of the market share. New product launches, partnerships, and acquisitions are the main strategies adopted by leading companies in the global market. With innovation and expansion, investment in R&D and the development of novel product portfolios may become key strategies in the coming years.
The growth of agricultural tractors is attributed to the growth of food demand and the growth of mechanization of the agricultural industry. Rapid urbanization has promoted migration to cities, resulting in a shortage of farm labor, thereby driving the demand for agricultural tractors. Global government initiatives have further promoted the adoption of machinery used in agriculture and other agricultural activities. These initiatives, as well as increased demand for operational efficiency and rising labor costs, are expected to increase the demand for agricultural tractors during the forecast period. Thanks to technological advancements that have revolutionized agriculture and agricultural processes, the market has also gained momentum. The need to replace existing machines with advanced machines is expected to drive market growth. It is expected that during the forecast period, the shortage of skilled workers and the increase in labor costs will drive the agricultural tractor market, and the growth will lead to increased demand for food, which in turn paves the way. Ways to meet the demand for agricultural tractors.
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The Major Players Profiled in This Report Include:
CNH Industrial
Deere
AGCO Corporation
Same Deutz-Fahr
Claas
Kubota
Agri Argo
JCB
ITMCO
MTZ (Minsk)
Mahindra
China YTO
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
Wheel Tractor
Crawler Tractor
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Harvesting
Haying
Planting & Fertilizing
Plowing & Cultivating
Spraying & Others
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The Asia-Pacific region has the largest transaction volume, exceeding 65%. This is due to the increased demand for tractors in countries such as China and India. In India, tractors play an important role in increasing agricultural production in the country. It is estimated that during the forecast period, European transaction volume will increase substantially. This growth is attributed to the size of large farms in various European countries (such as the United Kingdom, Denmark, Hungary, the Netherlands, and Spain).
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Farm Tractors Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Farm Tractors Market by Types
Chapter 4 Segmentation of Farm Tractors Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Farm Tractors Market in Major Countries
Chapter 7 North America Farm Tractors Landscape Analysis
Chapter 8 Europe Farm Tractors Landscape Analysis
Chapter 9 Asia Pacific Farm Tractors Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Farm Tractors Landscape Analysis
Chapter 11 Major Players Profile
11.1 CNH Industrial
11.1.1 CNH Industrial Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Deere
11.2.1 Deere Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3 AGCO Corporation
11.3.1 AGCO Corporation Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
…
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Farm Tractors Report Provide:
Potential opportunities and challenges analysis in Farm Tractors market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Farm Tractors market and related industry.
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