Sale of U.S. Tractors Market to Reach 413k Units by 2028 - Arizton

According to Arizton's latest research report, the U.S. tractors market is expected to grow at a CAGR of over 3.5% during 2022-2028. The agricultural tractor market in the US is currently in the growth stage, and manufacturers are looking for capacity augmentation in the country. Farm mechanization is still minimal in the Northeast and West of the country, and vendors can explore these regions with a portfolio of small tractors suitable for wet climates.

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DEVELOPMENT OF SMART AND AUTONOMOUS TRACTORS
The world is changing rapidly, increasing innovation, and the extensive use of robotics and AI are transforming every aspect of life. Within the next ten years, the current farming method will be completely transformed using autonomous tractors and agricultural robots that will perform time-consuming tasks in a much more efficient and effective manner. Autonomous tractors are driverless, and they operate with minimum or without any human intervention. The autonomous tractor technology is in its development stage and is expected to be an initiative to increase automation in agriculture and farming. Some leading autonomous tractor players globally are AGCO, CNH, Mahindra & Mahindra, John Deere, and Kubota.

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Key Vendors
• John Deere
• TAFE
• CNH Industrial
• AGCO
• Kubota
Other Prominent Vendors
• Mahindra & Mahindra
• Deutz-Fahr
• Yanmar
• ISEKI
• ACE
• SDF
• Escorts
Horsepower
• Less Than 50 HP
• 50-100 HP
• Above 100 HP
Drive Type
• 2-Wheel-Drive
• 4-Wheel-Drive
Regions
U.S.
o Northeast
o Midwest
o South
o West

Table of Content

1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 REPORT HIGHLIGHTS
7.1 REPORT COVERAGE IN TERMS OF DATA
8 INTRODUCTION
8.1 OVERVIEW
8.2 INCREASING ADOPTION OF PRECISION FARMING
8.3 GOVERNMENT SUPPORT TO FARMERS
8.4 ROLE OF MECHANIZATION IN THE AGRICULTURE SECTOR
8.5 AGRICULTURAL LAND HOLDING STRUCTURES
8.6 IMPORT & EXPORT ANALYSIS
8.7 TECHNOLOGICAL ADVANCEMENTS
8.8 IMPACT OF COVID-19
9 MARKET LANDSCAPE
9.1 MARKET OVERVIEW
9.1.1 MAJOR LABOR SHORTAGES IN THE AGRICULTURE SECTOR
9.2 MARKET SIZE & FORECAST
10 HORSEPOWER
10.1 MARKET SNAPSHOT & GROWTH ENGINE
10.2 MARKET OVERVIEW
10.3 LESS THAN 50 HP
10.3.1 MARKET OVERVIEW
10.3.2 MARKET SIZE & FORECAST
10.3.3 LESS THAN 50 HP AGRICULTURAL TRACTOR MARKET BY REGION
10.4 50-100 HP
10.4.1 MARKET OVERVIEW
10.4.2 MARKET SIZE & FORECAST
10.4.3 50-100 HP AGRICULTURAL TRACTOR MARKET BY REGION
10.5 ABOVE 100 HP
10.5.1 MARKET OVERVIEW
10.5.2 MARKET SIZE & FORECAST
10.5.3 ABOVE 100 HP AGRICULTURAL TRACTOR MARKET BY REGION
11 DRIVE TYPE
11.1 MARKET SNAPSHOT & GROWTH ENGINE
11.2 MARKET OVERVIEW
11.3 2-WHEEL-DRIVE
11.3.1 MARKET OVERVIEW
11.3.2 MARKET SIZE & FORECAST
11.3.3 2-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY REGION
11.4 4-WHEEL-DRIVE
11.4.1 MARKET OVERVIEW
11.4.2 MARKET SIZE & FORECAST
11.4.3 4-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY REGION
12 REGION
12.1 MARKET SNAPSHOT & GROWTH ENGINE
12.2 MARKET OVERVIEW
12.3 NORTHEAST
12.3.1 MARKET OVERVIEW
12.3.2 MARKET SIZE & FORECAST
12.3.3 MARKET BY HORSEPOWER
12.3.4 MARKET BY DRIVE TYPE
12.4 MIDWEST
12.4.1 MARKET OVERVIEW
12.4.2 MARKET SIZE & FORECAST
12.4.3 MARKET BY HORSEPOWER
12.4.4 MARKET BY DRIVE TYPE
12.5 SOUTH
12.5.1 MARKET OVERVIEW
12.5.2 MARKET SIZE & FORECAST
12.5.3 MARKET BY HORSEPOWER
12.5.4 MARKET BY DRIVE TYPE
12.6 WEST
12.6.1 MARKET OVERVIEW
12.6.2 MARKET SIZE & FORECAST
12.6.3 MARKET BY HORSEPOWER
12.6.4 MARKET BY DRIVE TYPE
13 MARKET OPPORTUNITIES & TRENDS
13.1 HIGH LOCAL PRODUCTION CAPACITIES IN THE US
13.2 DEVELOPMENT OF SMART AND AUTONOMOUS TRACTORS
13.3 INCREASING POTENTIAL FOR ELECTRIC TRACTORS
14 MARKET GROWTH ENABLERS
14.1 FISCAL SUPPORT TO FARMERS THROUGH LOANS & SUBSIDIES
14.2 REDUCING WORKFORCE BOOSTING FARM MECHANIZATION
14.3 GROWTH IN AGRICULTURAL PRODUCTIVITY & EXPORTS
14.4 SOCIO-DEMOGRAPHIC CHANGES IN THE US
15 MARKET RESTRAINTS
15.1 CLIMATE CHANGE ADVERSELY IMPACTING AGRICULTURAL ACTIVITIES
15.2 VOLATILITY IN THE COST OF RAW MATERIALS
15.3 RISING DEMAND FOR USED & RENTAL TRACTORS
16 FIVE FORCES ANALYSIS
16.1.1 THREAT OF NEW ENTRANTS
16.1.2 BARGAINING POWER OF SUPPLIERS
16.1.3 BARGAINING POWER OF BUYERS
16.1.4 THREAT OF SUBSTITUTES
16.1.5 COMPETITIVE RIVALRY

ABOUT ARIZTON:  

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services. 

We offer comprehensive market research reports on industries such as consumer goods & retail technology, automotive and mobility, smart tech, healthcare, and life sciences, industrial machinery, chemicals, and materials, IT and media, logistics and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. 

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports. 

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