Press release
Agriculture Tractors Market Size, Share, Growth Global Industry Demand, Key Players Update, Opportunity, and Research Methodology by Forecast 2022-2030 | Deere & Company, Mahindra & Mahindra Ltd. India, Sonalika Group, and CNH Industrial America LLC
The global agriculture tractors market is projected to witness a growth opportunity of US$ 38,621.2 million during the period 2022-2030. The market is estimated to reach US$ 98,798.5 million by 2030, registering a CAGR of 9.4% during the forecast period.
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The research thoroughly analyzes pricing, gross revenue (Mn), entry-level storage specs, and company profiles in a separate section with the top major players.
Leading Competitors
Leading players hold a substantial share in the market, accounting for more than 50% of market revenue in 2021. This makes the market highly competitive in nature. However, the rising competition and increasing focus of market players on consolidation strategies are expected to transform the competitive landscape to oligopolistic towards the end of the forecast period. Some of the key players in the market are Deere & Company, Mahindra & Mahindra Ltd. India, Sonalika Group, and CNH Industrial America LLC. Other prominent players in the market include Massey Ferguson Ltd., Escorts Ltd., Kubota Corporation, AGCO Corp (Fendt), SDF S.p.A. (Deutz Fahr), New Holland (CNH Industrial N.V.), and Claas Group. The market players are adopting various strategies such as mergers, acquisitions, and new product launches to stay competitive.
The Agriculture Tractors Market size section provides market revenue, taking into account both the market's historical growth and future projections. The report also includes a variety of company profiles that are creating waves in their respective industries or have the potential to do so. Their profiles include the players' market sizes, significant product launches, strategies, and other information.
The report details the overall market sales produced over time by a specific company. By factoring in product sales over a period and dividing them by the industry's total sales over the same period, experts in the field determine to share.
The research examines the size of the global market now and its growth rates over five years. It also includes many kinds of segmentation, including geographic segmentation (North America, Europe, Asia-Pacific, etc.). Detailed market segment information aids in performance monitoring and crucial decision-making for expansion and profitability.
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Segmentation Analysis
The Global agriculture tractor market is segmented into:
By Tractor Type Outlook (Value and Volume, 2017 - 2030)
Utility Tractors
Row Crop Tractors
Garden Tractors
Orchard Type Tractors
Rotary Tillers
Implement Carrier Tractors
By Product (Fuel) Outlook (Value and Volume, 2017 - 2030)
Internal Combustion Engine (ICE)
Electric Motor
By Wheel Type Outlook (Value and Volume, 2017 - 2030)
2-wheeler
3-wheeler
4-wheeler
By Engine Power Outlook (Value and Volume, 2017 - 2030)
250 Horsepower
By Region Outlook (Value and Volume, 2017 - 2030)
North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Myanmar
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Rest of South America
Middle East and Africa
UAE
Saudi Arabia
South Africa
Rest of MEA
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About Astute Analytica:
Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.
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