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Tractors-Global Market Insights and Sales Trends 2024
Synopsis
A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
The global Tractors market size is expected to reach US$ 170710 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Tractors in various end use industries. The expanding demands from the Agriculture, Construction and Mining,, are propelling Tractors market. Less than 10 kw, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10-30 kw segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Tractors market, driven by demand from China, the second largest economy with some signs of stabilising, the Tractors market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tractors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tractors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tractors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tractors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tractors covered in this report include Caterpillar, John Deere, Tractors and Farm Equipment, Kubota, AGCO, McCormick Tractor, Bobcat, Claas and New Holland, etc.
The global Tractors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Caterpillar
John Deere
Tractors and Farm Equipment
Kubota
AGCO
McCormick Tractor
Bobcat
Claas
New Holland
Mahindra & Mahindra
KIOTI Tractor
Yanmar America
JCB
Global Tractors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tractors market, Segment by Type:
Less than 10 kw
10-30 kw
30～50 kw
Above 50 kw
Global Tractors market, by Application
Agriculture
Construction
Mining
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tractors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tractors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
The global Tractors market size is expected to reach US$ 170710 million by 2029, growing at a CAGR of 5.4% from 2023 to 2029. The market is mainly driven by the significant applications of Tractors in various end use industries. The expanding demands from the Agriculture, Construction and Mining,, are propelling Tractors market. Less than 10 kw, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 10-30 kw segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Tractors market, driven by demand from China, the second largest economy with some signs of stabilising, the Tractors market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tractors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tractors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tractors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tractors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tractors covered in this report include Caterpillar, John Deere, Tractors and Farm Equipment, Kubota, AGCO, McCormick Tractor, Bobcat, Claas and New Holland, etc.
The global Tractors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Caterpillar
John Deere
Tractors and Farm Equipment
Kubota
AGCO
McCormick Tractor
Bobcat
Claas
New Holland
Mahindra & Mahindra
KIOTI Tractor
Yanmar America
JCB
Global Tractors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tractors market, Segment by Type:
Less than 10 kw
10-30 kw
30～50 kw
Above 50 kw
Global Tractors market, by Application
Agriculture
Construction
Mining
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tractors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tractors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Tractors Market Overview
1.1 Tractors Product Overview
1.2 Tractors Market Segment by Type
1.2.1 Less than 10 kw
1.2.2 10-30 kw
1.2.3 30～50 kw
1.2.4 Above 50 kw
1.3 Global Tractors Market Size by Type
1.3.1 Global Tractors Market Size Overview by Type (2018-2029)
1.3.2 Global Tractors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tractors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tractors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tractors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tractors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tractors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tractors Sales Breakdown by Type (2018-2023)
2 Global Tractors Market Competition by Company
2.1 Global Top Players by Tractors Sales (2018-2023)
2.2 Global Top Players by Tractors Revenue (2018-2023)
2.3 Global Top Players by Tractors Price (2018-2023)
2.4 Global Top Manufacturers Tractors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tractors Market Competitive Situation and Trends
2.5.1 Tractors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tractors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tractors as of 2022)
2.7 Date of Key Manufacturers Enter into Tractors Market
2.8 Key Manufacturers Tractors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tractors Status and Outlook by Region
3.1 Global Tractors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tractors Historic Market Size by Region
3.2.1 Global Tractors Sales in Volume by Region (2018-2023)
3.2.2 Global Tractors Sales in Value by Region (2018-2023)
3.2.3 Global Tractors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tractors Forecasted Market Size by Region
3.3.1 Global Tractors Sales in Volume by Region (2024-2029)
3.3.2 Global Tractors Sales in Value by Region (2024-2029)
3.3.3 Global Tractors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tractors by Application
4.1 Tractors Market Segment by Application
4.1.1 Agriculture
4.1.2 Construction
4.1.3 Mining
4.2 Global Tractors Market Size by Application
4.2.1 Global Tractors Market Size Overview by Application (2018-2029)
4.2.2 Global Tractors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tractors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tractors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tractors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tractors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tractors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tractors Sales Breakdown by Application (2018-2023)
5 North America Tractors by Country
5.1 North America Tractors Historic Market Size by Country
5.1.1 North America Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tractors Sales in Volume by Country (2018-2023)
5.1.3 North America Tractors Sales in Value by Country (2018-2023)
5.2 North America Tractors Forecasted Market Size by Country
5.2.1 North America Tractors Sales in Volume by Country (2024-2029)
5.2.2 North America Tractors Sales in Value by Country (2024-2029)
6 Europe Tractors by Country
6.1 Europe Tractors Historic Market Size by Country
6.1.1 Europe Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tractors Sales in Volume by Country (2018-2023)
6.1.3 Europe Tractors Sales in Value by Country (2018-2023)
6.2 Europe Tractors Forecasted Market Size by Country
6.2.1 Europe Tractors Sales in Volume by Country (2024-2029)
6.2.2 Europe Tractors Sales in Value by Country (2024-2029)
7 Asia-Pacific Tractors by Region
7.1 Asia-Pacific Tractors Historic Market Size by Region
7.1.1 Asia-Pacific Tractors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tractors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tractors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tractors Forecasted Market Size by Region
7.2.1 Asia-Pacific Tractors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tractors Sales in Value by Region (2024-2029)
8 Latin America Tractors by Country
8.1 Latin America Tractors Historic Market Size by Country
8.1.1 Latin America Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tractors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tractors Sales in Value by Country (2018-2023)
8.2 Latin America Tractors Forecasted Market Size by Country
8.2.1 Latin America Tractors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tractors Sales in Value by Country (2024-2029)
9 Middle East and Africa Tractors by Country
9.1 Middle East and Africa Tractors Historic Market Size by Country
9.1.1 Middle East and Africa Tractors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tractors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tractors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tractors Forecasted Market Size by Country
9.2.1 Middle East and Africa Tractors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tractors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Caterpillar
10.1.1 Caterpillar Company Information
10.1.2 Caterpillar Introduction and Business Overview
10.1.3 Caterpillar Tractors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Caterpillar Tractors Products Offered
10.1.5 Caterpillar Recent Development
10.2 John Deere
10.2.1 John Deere Company Information
10.2.2 John Deere Introduction and Business Overview
10.2.3 John Deere Tractors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 John Deere Tractors Products Offered
10.2.5 John Deere Recent Development
10.3 Tractors and Farm Equipment
10.3.1 Tractors and Farm Equipment Company Information
10.3.2 Tractors and Farm Equipment Introduction and Business Overview
10.3.3 Tractors and Farm Equipment Tractors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Tractors and Farm Equipment Tractors Products Offered
10.3.5 Tractors and Farm Equipment Recent Development
10.4 Kubota
10.4.1 Kubota Company Information
10.4.2 Kubota Introduction and Business Overview
10.4.3 Kubota Tractors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Kubota Tractors Products Offered
10.4.5 Kubota Recent Development
10.5 AGCO
10.5.1 AGCO Company Information
10.5.2 AGCO Introduction and Business Overview
10.5.3 AGCO Tractors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 AGCO Tractors Products Offered
10.5.5 AGCO Recent Development
10.6 McCormick Tractor
10.6.1 McCormick Tractor Company Information
10.6.2 McCormick Tractor Introduction and Business Overview
10.6.3 McCormick Tractor Tractors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 McCormick Tractor Tractors Products Offered
10.6.5 McCormick Tractor Recent Development
10.7 Bobcat
10.7.1 Bobcat Company Information
10.7.2 Bobcat Introduction and Business Overview
10.7.3 Bobcat Tractors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Bobcat Tractors Products Offered
10.7.5 Bobcat Recent Development
10.8 Claas
10.8.1 Claas Company Information
10.8.2 Claas Introduction and Business Overview
10.8.3 Claas Tractors Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Claas Tractors Products Offered
10.8.5 Claas Recent Development
10.9 New Holland
10.9.1 New Holland Company Information
10.9.2 New Holland Introduction and Business Overview
10.9.3 New Holland Tractors Sales, Revenue and Gross Margin (2018-2023)
10.9.4 New Holland Tractors Products Offered
10.9.5 New Holland Recent Development
10.10 Mahindra & Mahindra
10.10.1 Mahindra & Mahindra Company Information
10.10.2 Mahindra & Mahindra Introduction and Business Overview
10.10.3 Mahindra & Mahindra Tractors Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Mahindra & Mahindra Tractors Products Offered
10.10.5 Mahindra & Mahindra Recent Development
10.11 KIOTI Tractor
10.11.1 KIOTI Tractor Company Information
10.11.2 KIOTI Tractor Introduction and Business Overview
10.11.3 KIOTI Tractor Tractors Sales, Revenue and Gross Margin (2018-2023)
10.11.4 KIOTI Tractor Tractors Products Offered
10.11.5 KIOTI Tractor Recent Development
10.12 Yanmar America
10.12.1 Yanmar America Company Information
10.12.2 Yanmar America Introduction and Business Overview
10.12.3 Yanmar America Tractors Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Yanmar America Tractors Products Offered
10.12.5 Yanmar America Recent Development
10.13 JCB
10.13.1 JCB Company Information
10.13.2 JCB Introduction and Business Overview
10.13.3 JCB Tractors Sales, Revenue and Gross Margin (2018-2023)
10.13.4 JCB Tractors Products Offered
10.13.5 JCB Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tractors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Tractors Industrial Chain Analysis
11.4 Tractors Market Dynamics
11.4.1 Tractors Industry Trends
11.4.2 Tractors Market Drivers
11.4.3 Tractors Market Challenges
11.4.4 Tractors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tractors Distributors
12.3 Tractors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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