Europe Wheeled Tractor market is poised to reach USD 8.77 billion by 2021

As per the syndicated report published by Market Data Forecast Europe Wheeled Tractor Market which is estimated to be USD 6.52 billion in 2016 is poised to reach USD 8.77 billion by 2021, at a CAGR of 6.12 % from 2016 to 2021. One of the key factors contributing to the market growth is the increasin population. The Agricultural Machinery market has also been witnessing the arrival of new technology. Apart from this necessity to enhance productivity to increase yield and rise in demand for food are the key drivers for the market.

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To give a brief idea Tractor is a farm automobile used in varied tasks in agriculture and even outside agriculture. A wheeled tractor specializes in pulling any of numerous types of implements, whereas rotary tillers specialize in soil tillage with their dedicated digging tools.

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Europe Wheeled Tractor Market is segmented based on design and function as mentioned below for attaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.

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by Design
•Two Wheeled Tractors
•Four Wheeled Tractors

by Function
•Implement Carrier
•Garden Tractor
•Earth Moving Tractor
•Row Crop Tractors
•Utility Tractors
•Industrial Tractors
•Rotatory Tillers
•Orchard Tractors

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Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe).

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Major wheeled tractor manufacturing companies are Mahindra & Mahindra, Deere and Company, AGCO tractor, CNH Global NV, Massey Ferguson, Farmtrac Tractor, Escorts, Foton Loval, Goldani, Kukje, Lindner, L S Mtron, Machinery and Industrial group NV, Shibaura, Tractorul UTB and VST Tillers.

The Wheeled Tractor market study offers the following deliverables:
•Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries

•Meticulously identifying the key areas of market growth by providingmarket size forecasts and y-o-y estimations at a Segment-level analysis

•Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

• Study of macro and micro environmental factors thataffect the European market presented in the form ofPESTLE and Porter’s Five Forces Analyses

•Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region

•Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

•Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Checkout other related studies in the Agriculture Machinery Segment:
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Greenhouse irrigation systems Market: http://www.marketdataforecast.com/market-reports/europe-greenhouse-irrigation-systems-market-1813/

Fertigation and chemigation Market: http://www.marketdataforecast.com/market-reports/europe-fertigation-and-chemigation-market-2284/

Drip irrigation system Market: http://www.marketdataforecast.com/market-reports/europe-drip-irrigation-system-market-1849/

Center pivot irrigation systems Market: http://www.marketdataforecast.com/market-reports/europe-center-pivot-irrigation-systems-market-1763/

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