Envision Report

Published February 6, 2018

Wheeled Tractor Market – Size, Outlook, Trends and Forecasts (2018 – 2024)

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Wheeled Tractor is an engineering vehicle, which can travel similarly fast over rough speeds. These are fitted with large rubber-tired wheels and specially designed to deliver high torque at slow speeds. For cultivating the farmlands, farmers usually use the tractors. The largest segment in this sector is the agriculture usage of tractors.

Global Wheeled Tractor Machinery Market Size & Growth:

Global Wheeled Tractor Machinery market size is projected to reach 50.7 Billion by the end of 2024 with a CAGR of 7.5% during the forecast period. Key Parameters promoting the market growth include demand from emerging economies along with the high level of government support in this sector, increasing demand for food, growing population, the necessity to amplify yields and productivity, government subsidies for farm mechanization. The future of the wheeled tractor machinery market is intended to be positive over the forecast period. Food security issues along with the low purchasing power in the developing regions arrive to be a complication or otherwise lucrative market during the forecast period. Wheel Tractors are classified as general purpose tractor, row crop tractor, and special purpose tractor.

Global Wheeled Tractor Machinery Market Share:

Global Wheeled Tractor Machinery Market is classified by design type, by function, by geography. On the basis of design type, the Global Wheeled Tractor Machinery market is classified as Two-wheeled tractors, four-wheeled tractors.

By Function, these are classified as rotary tillers, implement carrier, garden tractor, row crop tractors, earth moving the tractor, orchard tractors, industrial tractors. Agriculture is the backbone of India and the highest number of tractors are purchased all over the world. Asia-Pacific is expected to dominate the market in terms of volume. In terms of high powered tractors, North America and Europe are expected to have the largest market share. There is a rapid increase in the purchase of tractors in developing countries like India, China.

Global Wheeled Tractor Machinery Market Trends:

  • Mzuri promoted two of its latest innovations at Lamma 2018. The new Pro-Til 3T Xzact one pass drill and the self-leveling razorback auto-level 550 rotary hedge cutter to reduce operator fatigue, increase productivity and reduce cost.
  • Kuhn Farm Machinery featured next combination seed drill at Lamma 2018 i.e. the VENTA 4030 + HR 4040. It is suitable for use with tractors with a power output of up to 234kW or 320hp.

Global Wheeled Tractor Machinery Market Research Report:

  • An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
  • To have complete market analysis through industry value chain analysis, Porter’s fivePESTLESWOT analysis, and Y-o-Y analysis.
  • Regional and global is analyzed with the major countries and the unions. Scrutinizing the revenue generation on YearOnYear
  • Identifying DROC in the current market and their impact in altering the market dynamics.
  • Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial analysis with major competitors.
  • Expertise investment opportunities by an analyst to the individual and organization to have a better foothold in the market.
  • Identify the latest developments, market shares and strategies that are employed by the major market players, such as
  • Deere and Company
  • CNH Global NV
  • Farmtrac Tractor Europe
  • Mahindra & Mahindra Ltd.
  • AGCO Tractor

Chapter 1 Introduction

1.1 Executive Summary

1.2 Market Definition

1.3 Scope of the Study

Chapter 2 Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.3 Analytic Tools and Model

2.4 Economic Indicator

2.4.1 Base Year, Base Currency, Forecasting Period

2.5 Expert Validation

2.6 Study Timeline

Chapter 3 Market Analysis

3.1 Industry Value Chain Analysis

3.2Porter’s Five Force Analysis

3.2.1 Bargaining Power of Buyers

3.2.2 Bargaining Power of Suppliers

3.2.3 Threats of Substitutes

3.2.4 Threats of New Entrants

3.2.5 Industry Rivalry

3.3 PESTLE Analysis

3.3.1 Political

3.3.2 Economical

3.3.3 Social

3.3.4 Technological

3.3.5 Legal

3.3.6 Environmental

3.4 SWOT Analysis

3.4.1 Strengths

3.4.2 Weakness

3.4.3 Opportunities

3.4.4 Threats

3.5 Y-O-Y Analyses

Chapter 4 Market Dynamics

4.1. Drivers

4.1.1 Government subsidies for farm mechanization

4.2 Restraints

4.2.1 Growing urbanization and decreasing farmland

4.2.2 Low purchasing power and high cost

4.3 Opportunities

4.3.1 Use of tractors for non-agriculture purpose

4.3.2 Higher tractor penetration in the developing countries

4.3.2 Shorter Replacement cycle of the tractor boost the sales volume

4.4 Challenges

4.4.1 New high-tech farm equipment

Chapter 5 Global Wheeled Tractor Machinery Market – By Design Type

5.1 Two-wheeled Tractors

5.2 Four-wheeled Tractors

Chapter 6 Global Wheeled Tractor Machinery Market – By Function

6.1 Rotary Tillers

6.2 Implement Carrier

6.3 Garden Tractor

6.4 Earth Moving Tractor

6.5 Row Crop Tractors

6.6 Orchard Tractors

6.7 Utility Tractors

6.8 Industrial Tractors

Chapter 7 Global Wheeled Tractor Machinery Market – By Geography

7.1 Introduction

7.2 North America

7.2.1 U.S.

7.2.2 Canada

7.2.3 Mexico

7.3 Europe

7.3.1 U.K.

7.3.2 Germany

7.3.3 France

7.3.4 Italy

7.3.5 Spain

7.3.6. Rest of Europe

7.4 APAC

7.4.1 China

7.4.2 Japan

7.4.3 India

7.4.4 South Korea

7.4.5 Australia & New Zealand

7.4.6 Rest of APAC

7.5 South America

7.5.1 Brazil

7.5.2 Argentina

7.5.3 Others

7.6 Middle East & Africa

7.5.1 Middle East

7.5.2 Africa

Chapter 8 Global Wheeled Tractor Machinery Market – Company Profiles

8.1 Deere and Company

8.2 CNH Global NV

8.3 Farmtrac Tractor Europe

8.4 Mahindra & Mahindra Ltd.

8.5 AGCO Tractor

8.6 McCormick Tractors

8.7 Kubota Tractor Corp

8.8 Case IH

8.9 Claas Tractor

8.10 Deutz-Fahr

8.11 Belarus Tractor

8.12 Caterpillar Inc.

8.13 Massey Ferguson Tractor

8.14 SAME Deutz-Fahr

8.15 Escorts Inc.

8.16 Fendt

8.17 Daedong-USA Inc.

8.18 Valtra Tractor

8.19 LS Mtron

8.20 Goldani

Chapter 9 Wheeled Tractor Machinery Market – Competitive Landscape

9.1. Market Share Analysis

9.2. Strategies Adopted by top companies

9.3. Mergers, Acquisitions, Collaborations & Agreements

Chapter 10 Market Insights

10.1. Industry Experts Insights

10.2. Analysts Opinions

10.3. Investment Opportunities

Chapter 11 Appendix

11.1 List of Tables

11.2 List of Figures

  • Competitive Analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors.
  • Monitoring the external and internal factors which affect the market dynamics with the aid of PESTLE analysis.
  • The Regional and Global Variety is taken care of in the report.
  • Year on Year basis generation of revenue is studied.
  • Porter's Five Forces analyze the intensity of competition in an industry and its profitability level.
  • The overview and the sustainability of the market are analyzed through SWOT.
  • DROC is recognized in the current market scenario and see how its effect on market dynamics.
  • The segment-level analysis in terms of type and technology.
  • The value chain analysis, value that's created and captured by a company is the profit margin.Value
  • Created and Captured – Cost of Creating that Value = Margin
  • An executive summary consists of the whole report and the outcome is been given in the report to have brief knowledge about the report.
  • Basis on the depth of the study we approach using analytical tools
  • Expertise investment opportunities are given after analyzing the market to give the organization and the individual to have perfect knowledge about the market.

 

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