Europe Compact Tractors Market Analysis, Share, Trend, Industry Report Forecast till 2030

The Europe compact tractors market is expected to grow from US$ 1,755.94 million in 2022 to US$ 2,533.87 million by 2030. It is estimated to grow at a CAGR of 4.7% from 2022 to 2030.

The increasing application of compact tractors in different applications such as lawn care, driveway maintenance, and animal or livestock management is anticipated to provide major growth opportunities for the compact tractors market. Reducing human intervention and increasing machine applications for routine duties are boosting the usage of compact tractors. Compact utility tractors can be used for mowing, which is required in lawn care and maintenance. Transporting hay and feed and cleaning out pens are general tasks a compact tractor can manage. Dirt roads need maintenance, specifically after heavy storms.

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Compact tractors can be utilized for removing snow from the driveway. The increasing technological advancement is boosting the use of compact tractors for various end-user activities, which is anticipated to provide growth opportunities for the compact tractors market.

MARKET INTRODUCTION

The Europe compact tractors market is further segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. Europe has a healthy agriculture sector that caters to a majority of the regional food demand. Also, the region comprises some of the major exporters of agriculture products worldwide, including Russia, Germany, the Netherlands, the UK, and Spain.

Major factors restraining the growth of the regional agriculture sector include a decline in the number of farms and the increased average age of farmers. Further, conflicts such as the Russia-Ukraine war have also changed the overall agriculture industry dynamics of Europe. This has also impacted the market growth of compact tractors as the agriculture sector is the largest end user in the compact tractors market. Several companies have already banned their respective agriculture machinery supplies to Russia.

List of Companies Profiled in the Europe Compact Tractors Market Report are:

• AGCO Corp
• Argo Tractors SpA
• CNH Industrial NV
• Deere & Co
• Iseki and Co Ltd
• Kubota Corp
• Mahindra & Mahindra Ltd
• Same Deutz-Fahr Italia SpA
• Yanmar Holdings Co Ltd

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Key Segmentation:

Europe Compact Tractors Market Segmentation

The Europe compact tractors market is segmented into capacity, drive type, end use, and country.

Based on capacity, the Europe compact tractors market is segmented into below 30 HP, 30 HP - 40 HP, and 40 HP - 60 HP. The 40 HP - 60 HP segment held the largest share of the Europe compact tractors market in 2022.

Based on drive type, the Europe compact tractors market is bifurcated into two-wheel drive and four-wheel drive. The two-wheel drive segment held a larger share of the Europe compact tractors market in 2022.

Based on end use, the Europe compact tractors market is bifurcated into agriculture and utility. The agriculture segment held a larger share of the Europe compact tractors market in 2022.

Based on country, the Europe compact tractors market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe dominated the Europe compact tractors market in 2022.

Table of Contents

1. Introduction
1.1 Business Market Insights Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Europe Compact Tractors Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users

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