Press release
Four-Wheel Drive Tractor Market Report 2021: Industry Insights, Estimated Yield, Recent Developments, And Forecast
Four-Wheel Drive Tractor Global Market Report 2021 – COVID-19 Growth And Change’ by The Business Research Company is the most comprehensive report available on this market, with analysis of the market’s historic and forecast growth, drivers and restraints causing this, and highlights of the opportunities that companies in the industry can take on. The market research report helps gain a truly global perspective of the Four-wheel drive tractor industry as it covers 60 geographies. Regional and country breakdowns give an analysis of the market in each geography, with information on the size of the market by region and by country.The countries covered in the global four-wheel-drive tractor market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global four-wheel-drive tractor market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The four-wheel-drive tractor market consists of sales of four-wheel-drive tractors by entities (organizations, sole traders, and partnerships) that manufacture four-wheel drive tractors for agricultural purposes. A four-wheel-drive tractor consists of a four-wheel drive axle that can distribute power to all its wheels simultaneously. It helps in providing less slippage and greater traction with better performance.
The global four-wheel-drive tractor market is expected to grow from $14.45 billion in 2020 to $15.61 billion in 2021 at a compound annual growth rate (CAGR) of 8.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The four-wheel-drive tractor market is expected to reach $19.25 billion in 2025 at a CAGR of 5.4%.
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Global four-wheel-drive tractor market segmentation in TBRC’s report is:
1) By Power Output: Less than 40 HP, 40 HP to 100 HP, 100 HP to 200 HP, Above 200 HP
2) By Propulsion System: Diesel, Hybrid Electric, Electric
3) By Operation: Manual, Autonomous
4) By End-Use: Farm, Construction And Mining, Others
Major players in the four-wheel drive tractor market are AGCO Corporation, Deere & Company, Escorts Limited, Komatsu Corp., Mahindra & Mahindra Ltd., SAME DEUTZ-FAHR Italia S.p.A., Kubota Corporation, Deutz-Fahr, Caterpillar, Massey Ferguson Limited, SDF Group, New Holland, and Case IH.
Need More? Read Further On The Four-Wheel-Drive Tractor Market Here:
https://www.thebusinessresearchcompany.com/report/four-wheel-drive-tractor-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Four-Wheel Drive Tractor Market Characteristics
3. Four-Wheel Drive Tractor Market Trends And Strategies
4. Impact Of COVID-19 On Four-Wheel Drive Tractor
5. Four-Wheel Drive Tractor Market Size And Growth
.....
27. Four-Wheel Drive Tractor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Four-Wheel Drive Tractor Market
29. Four-Wheel Drive Tractor Market Future Outlook and Potential Analysis
30. Appendix
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