Farm Tractors: Market Research Report

December 2018 | 372 pages | ID: F913F897889EN
Global Industry Analysts, Inc

Abstracts

This report analyzes the worldwide markets for Farm Tractors in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America.

Annual estimates and forecasts are provided for the period 2016 through 2024.

Also, a five-year historic analysis is provided for these markets.

Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs.

The report profiles 51 companies including many key and niche players such as -

• AGCO Corporation
• Argo Tractors S.p.A.
• CLAAS KGaA mbH
• CNH Industrial N.V.
• Deere & Company
• Escorts Group

Contents

I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations
Disclaimers
Data Interpretation & Reporting Level
Quantitative Techniques & Analytics
Product Definitions and Scope of Study

II. EXECUTIVE SUMMARY

1. INDUSTRY OVERVIEW

Tractors - The Workhorses of Agriculture
Population Growth & Demand for Food to Create Long-Term Stability in Growth
Mechanization - The Major Driver for Tractor Sales
Food Security Drives Governments to Stress on Improving Productivity
Outlook
Growth Drivers in a Nutshell
Key Challenges
Competitive Scenario

Table 1. Leading Players in the Global Farm Tractors Market (2017E): Percentage Share Breakdown of Value Sales for Deere & Co., CNH, Mahindra, AGCO, Others (includes corresponding Graph/Chart)

Tractor Manufacturers Feel the Heat of Competition from Asian Manufacturers

2. MARKET TREND/ISSUES AND GROWTH DRIVERS

Farm Consolidation to Lead to Demand for Larger Tractors
Technological Innovations to Drive Productivity in Agriculture
Robots
Drones
Internet of Things
Driverless Tractors to Reduce Labor Cost and Boost Productivity
Renting Farm Equipment and Tractors
Online Retail Channels Altering Traditional Supply Chains Framework

3D PRINTING FOR MANUFACTURING SPARE PARTS

Autonomous Tractors Begin to Make a Mark
Expanding Global Population & Increase in Agricultural Output to Drive Demand for Tractors

Table 2. World Population by Geographic Region (2000-2050) (in Millions) (includes corresponding Graph/Chart)

Emerging Economies Drive Market Expansion
Increasing Mechanization of Farming Practices Drives Sales of Tractors

Table 3. Percentage of Population Engaged in Agriculture for Select Countries (includes corresponding Graph/Chart)

Focus on Precision Farming Lends Traction to Tractor Sales
Technological Innovations in Farming Equipment Lead the Way
Technologically Advanced Tractors Gain Prominence in Developed Markets
Comfort Features: An Important Value Addition Gaining Traction
Alternative Fuel Tractors: An Important Product Development in the Coming Years
Small Tractors Gain Ground in Developing Regions
Certified Used Machines are Catching Up Globally
Rising Demand for Energy Crops: A Business Case for Farm Tractors

Table 4. Average Biofuel Yields of First Generation Feedstocks (includes corresponding Graph/Chart)

Table 5. World Biofuels (Bioethanol and Biodiesel) Market (2016 & 2020): Percentage Breakdown of Consumption by Geographic Region for US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World (includes corresponding Graph/Chart)

3. AGRICULTURAL EQUIPMENT MARKET: A MACRO PERSPECTIVE

Agricultural Equipment: An Overview

Table 6. Global Agricultural Machinery Market by Geographic Region (2017E): Percentage Share Breakdown of Value Sales for Select Markets (includes corresponding Graph/Chart)

Table 7. Global Market for Agricultural Equipment by Segment (2017E): Percentage Share Breakdown of Value Sales for Farm Tractors, Harvesting Machinery, Parts & Attachments, and Other Agricultural Equipment (includes corresponding Graph/Chart)

Table 8. Leading Players in the Global Agricultural and Turf Equipment Market (2017E): Percentage Share Breakdown of Value Sales for AGCO Corp., CNH Industrial, Deere and Co., and Others (includes corresponding Graph/Chart)

Table 9. Global Distribution of Agricultural Land Holdings by Farm Size in Select Countries/Regions

China – A Threat to Europe’s Domination in Agricultural Machinery Production?

4. AN OVERVIEW OF THE AGRICULTURAL SECTOR

Prelude
Key Statistical Insights:

Table 10. Total Arable Land by Region in Million Hectares: 2015 & 2030 (includes corresponding Graph/Chart)

Table 11. Total Harvested Land by Region in Million Hectares: 2015 & 2030 (includes corresponding Graph/Chart)

Table 12. Share of Agriculture Sector in GDP (Nominal Terms) in G20 Economies: 2015 (includes corresponding Graph/Chart)

Table 13. World Wheat Production and Consumption for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 14. World Wheat Production by Major Producing Countries for the Years 2015/16 & 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 15. World Rice (Milled) Production and Consumption for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 16. World Rice (Milled) Production by Major Producing Countries for the Years 2015/16 & 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 17. World Coarse Grains Production and Consumption for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 18. World Coarse Grain Production by Major Producing Countries for the Years 2015/16 & 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 19. World Corn Production and Consumption for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 20. World Corn Production by Major Producing Countries for the Years 2015/16 & 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 21. World Cotton Production by Major Producing Countries for the Years 2015/16 & 2016/17 (in Million 480-Pound Bales) (includes corresponding Graph/Chart)

5. PRODUCT OVERVIEW

Agricultural Equipment
Tractors
Farm Tractors
Different Types of Farm Tractors
Compact Utility Tractors
Utility Tractors
Specialty tractors
Garden Tractors
Farming Practices
Large-Scale, Capital-Intensive Farming
Medium-Scale Farming
Small-Scale Farming

6. PRODUCT INNOVATIONS/INTRODUCTIONS

Mahindra Showcases Tractors at Agritechnica
CLAAS Launches ARION 4000 Series Tractors
Massey Ferguson Launches 'S Effect' Line of tractors
Massey Ferguson Introduces MF 3700 Series Tractors
AGCO Introduces Battery Powered Fendt e100 Vario
Mahindra Unveils Driverless Tractor
Fendt Introduces Fendt 900 Vario MT and Fendt 1100 MT Tracked Tractors
Escorts Introduces Electric & Hydrostatic Concept Tractor
John Deere Unveils Redesigned John Deere 2025 R Compact Tractor
Jon Deere Expands 9RX Tractor Lineup
New Holland Agriculture Showcases Methane Powered Concept Tractor
AGCO Unveils New Challenger MT700 Series Track Tractors
Mahindra Introduces YUVO Series Tractors in Sri Lanka
Mahindra Introduces JIVO Line of Tractors
Valtra Introduces S394 Tractor
Valtra Introduces New A4 Series of Tractors
New Holland Agriculture Introduces New T5 Series Tractors
Mahindra Unveils Telematics Technology, DiGiSENSE in Tractors
Massey Ferguson Unveils High Clearance Utility Tractor
Escorts Introduces Farmtrac 6080 Pro and FT 6090 Pro Series Tractors
Sonalika Introduces Tractors for Potato Farming
TAFE Introduces 'SMART' Line of Tractors in India
Massey Ferguson Unveils MF 6718S Tractor
Massey Ferguson Expands Heavy-Duty Utility Tractor Lineup
Massey Ferguson Introduces 6700S Series of Tractors
Challenger Launches Challenger 1000 Series Tractors
Escorts Unveils New Tractors for International Markets
Steyr Launches Steyr Multi
TAFE Introduces Massey Ferguson 'SMART' Series of Tractors
Mahindra Introduces Mahindra YUVO Range of Tractors
Mahindra Introduces 6560 Model in Bangladesh
Sonalika Introduces WorldTrac 110 Tractor
Sonalika Unveils Advanced Tractors
Fendt Introduces New 1000 Vario Series of Tractors
ZETOR TRACTORS Unveils ZETOR CRYSTAL
Sonalika Rolls Out GardenTrac 26 and DI 750III Tractors
Sonalika Rolls Out Rx 30 Baagbaan Super
Case IH Launches Optum Tractor Series
AGCO Launches X-Edition Challenger Series Tractor
Mahindra & Mahindra Rolls Out Mahindra 415 DI
AGCO Showcases New Utility Tractor Series
John Deere Expands the 6 Family Tractor Lineup
John Deere Launches Four-Track 9RX Tractors
Kubota Tractor Unveils M6-Series Utility Tractors
Kubota Introduces Multi-Purpose Tractors for Indian Market
AGCO Launches 2700E Series of Utility Tractors under Massey Ferguson Brand
AGCO Rolls Out MF 35 Tractor in Kenya
Mahindra & Mahindra Rolls Out Mahindra 555 DI Power+ Tractor
Escorts Develops Anti Lift Tractors

7. RECENT INDUSTRY ACTIVITY

Mahindra Acquires Tractor Business of Erkunt Group
Mahindra Renames MGTL as Gromax Agri Equipment Limited
Mahindra Acquires Hisarlar
Blackstone Group to Divest Stake in ITL to Yanmar
TYM Acquires Kukje Machinery
Kubota to Establish New Production Facility in China
Mitsubishi Heavy Industries Enters into Strategic Partnership with Mahindra & Mahindra
Escorts Enters into a Joint Venture with Amul Group
Sonalika to Open New Tractor Production Plant

8. FOCUS ON SELECT PLAYERS

AGCO Corporation (USA)
Argo Tractors S. p. A. (Italy)
CLAAS KGaA mbH (Germany)
CNH Industrial N. V. (UK)
CNH Industrial (India) Private Limited (India)
Steyr Landmaschinentechnik AG (Austria)
Deere & Company (John Deere) (USA)
Escorts Group (India)
Daedong-USA, Inc. (USA)
International Tractors Limited (India)
Kubota Corporation (Japan)
Mahindra and Mahindra Ltd. (India)
SDF S. p. A. (Italy)
Tractors and Farm Equipment Ltd. (TAFE) (India)

9. GLOBAL MARKET PERSPECTIVE

Value Analytics

Table 22. World Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 23. World Historic Review for Farm Tractors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 24. World 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Dollar Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Volume Analytics

Table 25. World Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 26. World Historic Review for Farm Tractors by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 27. World 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Unit Sales for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle East & Africa, and Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

III. MARKET

1. THE UNITED STATES

A. Market Analysis
Farm Tractors – The Leading Agriculture Equipment Segment in the US

Table 28. The US Market for Agricultural Equipment by Segment (2017E): Percentage Share Breakdown of Value Sales for Farm Tractors, Parts & Attachments, Harvesting Machinery, and Other Agricultural Equipment (includes corresponding Graph/Chart)

Two-Wheel Drive (2WD) Tractors Dominate the Farm Tractors Market

Table 29. The US Market for Farm Tractors by Type (2016 & 2017E): Percentage Share Breakdown of Unit Sales for 2WD Farm Tractors (< 40 HP, 40 < 100 HP, and 100+ HP) and 4WD Farm Tractors (includes corresponding Graph/Chart)

Major Factors Influencing Farm Equipment Purchases
Major Trends
Robots to Drive Farm Tractors and Combines
Buyer Focus on Functionality and Comfort on the Rise
Competitive Scenario

Table 30. Leading Players in the US Agricultural Equipment Market (2017E): Percentage Share Breakdown of Value Sales for AGCO Corporation, CNH Industrial NV, Deere & Company, Kubota Corporation, and Others (includes corresponding Graph/Chart)

Agriculture Trade between the US and Canada
Trade Statistics:

Table 31. The US Exports of Tractors (2016): Breakdown of Export Value in US$ Million by Destination Country (includes corresponding Graph/Chart)

Table 32. The US Imports of Tractors (2016): Breakdown of Import Value in US$ Million by Country of Origin (includes corresponding Graph/Chart)

Agricultural Statistics:

Table 33. Planted Acreage (Principal Crops) in the US: 2012-2017 (in Million acres) (includes corresponding Graph/Chart)

Table 34. Average Farm Size in the US: 2004-2016 (in Acres) (includes corresponding Graph/Chart)

Table 35. Number of Farms in the US: 2004-2016 (in Thousands) (includes corresponding Graph/Chart)

Agricultural Produce: A Review

Table 36. Wheat Production and Consumption in the US for the Years 2013/14 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 37. Rice (Milled) Production and Consumption in the US for the Years 2013/14 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 38. Corn Production and Consumption in the US for the Years 2013/14 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Product Launches
Select Players
B. Market Analytics
Value Analytics

Table 39. The US Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 40. The US Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 41. The US Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 42. The US Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

2. CANADA

A. Market Analysis
Canadian Manufacturers Profit from Bustling Tractor Sales
Growth Opportunities in Canada
Small Farmers Grab a Sizable Chunk of Agricultural Equipment Sales

Table 43. Canadian Farm Tractors Market by Type (2015 & 2016): Percentage Share Breakdown of Unit Sales for 2WD Farm Tractors (< 40 HP, 40 < 100 HP, and 100+ HP) and 4WD Farm Tractors (includes corresponding Graph/Chart)

Table 44. Canadian Exports of Tractors (2016): Breakdown of Export Value in US$ Thousand by Destination Country (includes corresponding Graph/Chart)

Table 45. Canadian Imports of Tractors (2016): Breakdown of Import Value in US$ Million by Country of Origin (includes corresponding Graph/Chart)

Agriculture Statistics:

Table 46. Average Farm Size (in Acres) in Canada by Province (2011 & 2016) (includes corresponding Graph/Chart)

Table 47. Number of Farms in Canada by Province (2011 & 2016) (includes corresponding Graph/Chart)

Agricultural Produce: A Review

Table 48. Wheat Production and Consumption in Canada for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 49. Canadian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 50. Canadian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 51. Canadian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 52. Canadian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

3. JAPAN

A. Market Analysis
Current and Future Analysis
Product Launch
Strategic Corporate Developments
Kubota Corporation – A Key Player
B. Market Analytics
Value Analytics

Table 53. Japanese Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 54. Japanese Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 55. Japanese Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 56. Japanese Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4. EUROPE

A. Market Analysis
Europe: Second Largest Market for Farm Tractors
Overview of European Agricultural Machinery Market

Table 57. European Market for Agricultural Equipment by Segment (2017E): Percentage Share Breakdown of Value Sales for Harvesting Machinery; Soil Working Equipment; Sowing, Fertilizing & Plant Protection; Tractors and Other Agricultural Equipment (includes corresponding Graph/Chart)

Table 58. European Agricultural Machinery Market (2016): Percentage Share Breakdown by Market Value by Geographic Region - Austria, France, Germany, Italy, Netherlands, Poland, UK and Others (includes corresponding Graph/Chart)

A Highly Concentrated Market

Table 59. Leading Players in the European Market for Agricultural Equipment (2017E): Percentage Breakdown of Unit Sales AGCO, CNH Industrial, Deere, and Others (includes corresponding Graph/Chart)

Tractor Technology Trends in Europe
Agriculture Produce Statistics: A Review

Table 60. Wheat Production and Consumption in the European Union for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 61. Coarse Grains Production and Consumption in the European Union for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 62. European Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 63. European Historic Review for Farm Tractors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 64. European 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Dollar Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Volume Analytics

Table 65. European Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 66. European Historic Review for Farm Tractors by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 67. European 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Unit Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

4A. FRANCE

A. Market Analysis
Current and Future Analysis
Competitive Scenario - A Relatively Consolidated Market

Table 68. Leading Brands in the French Farm Tractors Market (2017E): Percentage Share Breakdown of Unit Sales for CLAAS, Fendt, John Deere, Massey Ferguson, New Holland and Others (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 69. French Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 70. French Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 71. French Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 72. French Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4B. GERMANY

A. Market Analysis
Current and Future Analysis
Competition

Table 73. German Market for Agricultural Equipment by Product Segment (2016): Percentage Share Breakdown of Unit Sales for Balers, Combine Harvesters, Forage Harvesters, Mowers, Tedders & Rakes, and Tractors (includes corresponding Graph/Chart)

Table 74. Leading Brands in the German Farm Tractors Market (2017E): Percentage Share Breakdown of Unit Sales for CNH, Deutz-Fahr, Fendt, John Deere, New Holland and Others (includes corresponding Graph/Chart)

Product Launches
CLAAS KGaA mbH – A Key German Manufacturer
B. Market Analytics
Value Analytics

Table 75. German Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 76. German Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 77. German Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 78. German Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4C. ITALY

A. Market Analysis
Current and Future Analysis

Table 79. Leading Brands in the Italian Farm Tractors Market (2017E): Percentage Share Breakdown of Unit Sales for Antonio Carraro, CNH, John Deere, Landini, SAME and Others (includes corresponding Graph/Chart)

Evolution of Farm Tractors in Italy
Key Players
B. Market Analytics
Value Analytics

Table 80. Italian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 81. Italian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 82. Italian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 83. Italian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4D. THE UNITED KINGDOM

A. Market Analysis
Current and Future Analysis
Product Launch
CNH Industrial N. V. – A Key Player
B. Market Analytics
Value Analytics

Table 84. The UK Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 85. The UK Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 86. The UK Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 87. The UK Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4E. SPAIN

A. Market Analysis
Current and Future Analysis

Table 88. Leading Players in the Spanish Farm Tractors Market (2017E): Percentage Share Breakdown of Unit Sales for AGCO, CNH, John Deere, Kubota, SAME DEUTZ-FAHR, and Others (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 89. Spanish Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 90. Spanish Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 91. Spanish Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 92. Spanish Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4F. RUSSIA

A. Market Analysis
Current and Future Analysis

Table 93. Russian Market for Farm Tractors by Type (2015 & 2016): Percentage Share Breakdown of Retail Unit Sales for 2WD Farm Tractors (< 40 HP, 40-100 HP, and 100+ HP) and 4WD Farm Tractors (includes corresponding Graph/Chart)

An Overview of the Russian Farm Equipment Market
Agricultural Produce Stats: An Opportunity Indicator

Table 94. Wheat Production and Consumption in Russia for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 95. Russian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 96. Russian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 97. Russian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 98. Russian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

4G. REST OF EUROPE

A. Market Analysis
Current and Future Analysis
Focus on Select Regional Markets
Turkey - Largest Market in Europe
Bright Prospects for Ukraine’s Tractor Machinery Market
Competitive Scenario
Product Launches
Strategic Corporate Developments
Steyr Landmaschinentechnik AG (Austria) - A Key Player
B. Market Analytics
Value Analytics

Table 99. Rest of Europe Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 100. Rest of Europe Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 101. Rest of Europe Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 102. Rest of Europe Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

5. ASIA-PACIFIC

A. Market Analysis
Asia-Pacific: The Largest and the Fastest Growing Region for Farm Tractors

Table 103. Asia-Pacific Agricultural Equipment Market (2016): Percentage Share Breakdown of Value Sales for Farm Tractors, Harvesting Machinery, Parts & Attachments, and Other Agricultural Equipment (includes corresponding Graph/Chart)

India & China: Potential Laden Markets

Table 104. Ten Largest Populated Countries in Asia-Pacific: 2017 (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 105. Asia-Pacific Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - Australia, China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 106. Asia-Pacific Historic Review for Farm Tractors by Geographic Region - Australia, China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 107. Asia-Pacific 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Dollar Sales for Australia, China, India, South Korea, and Rest of Asia-Pacific Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Volume Analytics

Table 108. Asia-Pacific Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - Australia, China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 109. Asia-Pacific Historic Review for Farm Tractors by Geographic Region - Australia, China, India, South Korea, and Rest of Asia-Pacific Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 110. Asia-Pacific 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Unit Sales for Australia, China, India, South Korea, and Rest of Asia-Pacific Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

5A. AUSTRALIA

A. Market Analysis
Current and Future Analysis
Driverless Tractors Gaining Traction
Agriculture Produce: An Opportunity Indicator

Table 111. Wheat Production and Consumption in Australia for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 112. Australian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 113. Australian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 114. Australian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 115. Australian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

5B. CHINA

A. Market Analysis
China Leads the Global Farm Tractors Market
High-Power Tractors Witness Growth
Chinese Agricultural Equipment Sales to Skyrocket

Table 116. Chinese Farm Equipment Market (2016): Percentage Share Breakdown of Value Sales by Segment for Farm Tractors, Harvesting Machinery, Parts & Attachments, Planting & Fertilizing Machinery, Plowing & Cultivating Machinery, and Other Agricultural Equipment (includes corresponding Graph/Chart)

Government Initiatives to Boost Domestic Agricultural Machinery Sector

Table 117. Total Power of Agricultural Machineries in China in Million Kilowatts: 2010-2014 (includes corresponding Graph/Chart)

Agricultural Produce Statistics: An Opportunity Indicator

Table 118. Wheat Production and Consumption in China for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 119. Coarse Grains Production and Consumption in China for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 120. Corn Production and Consumption in China for the Years 2010/11 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Strategic Corporate Development
B. Market Analytics
Value Analytics

Table 121. Chinese Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 122. Chinese Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 123. Chinese Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 124. Chinese Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

5C. INDIA

A. Market Analysis
Second Largest Market in the World
Indian Tractor Market Prospects Heavily Tied to Farm Income
Small Tractors Gain Market
Government Initiatives to Benefit Market
Overview of Agricultural Mechanization in India

Table 125. Power Utilization in Kilowatt per Hectare in Indian Agricultural Sector (1980, 2000 & 2020) (includes corresponding Graph/Chart)

Table 126. Power Sources in Indian Agricultural Sector by Type (2016): Percentage Breakdown of Power Contributed by Agricultural Labor, Diesel Engines, Draught Animals, Electric Motors, Power Tillers and Tractors (includes corresponding Graph/Chart)

Threats to Agricultural Equipment Sector
Competitive Scenario

Table 127. Leading Players in the Indian Farm Tractors Market (2017E): Percentage Market Share Breakdown of Production Volume for Andere, Escorts, ITL/Sonalika, John Deere, Mahindra, TAFE, and Others (includes corresponding Graph/Chart)

Table 128. Leading Players in the Indian Farm Tractors (<30 HP) Market (2017E): Percentage Market Share Breakdown of Production Volume for Escorts, Force Motors, ITL/Sonalika, Mahindra, TAFE, and VST (includes corresponding Graph/Chart)

Table 129. Leading Players in the Indian Farm Tractors (31-40 HP) Market (2017E): Percentage Market Share Breakdown of Production Volume for Escorts, ITL/Sonalika, Mahindra, and TAFE (includes corresponding Graph/Chart)

Table 130. Leading Players in the Indian Farm Tractors (41-50 HP) Market (2017E): Percentage Market Share Breakdown of Production Volume for Escorts, ITL/Sonalika, John Deere, Mahindra, TAFE, and Others (includes corresponding Graph/Chart)

Table 131. Leading Players in the Indian Farm Tractors (>50 HP) Market (2017E): Percentage Market Share Breakdown of Production Volume for Escorts, ITL/Sonalika, John Deere, Mahindra, New Holland, TAFE, and Others (includes corresponding Graph/Chart)

Farm Equipment Sales Spike Due to Subsidies and Dearth of Workers
Shortage of Agricultural Labor Provides Growth Opportunities for Farm Tractors

Table 132. Number of Agricultural Workers in India (2011 & 2020): Breakdown by Cultivators and Agricultural Labor in Million (includes corresponding Graph/Chart)

Low Penetration of Tractors and Accessories Presents Opportunity for Growth

Table 133. Indian Agricultural Equipment Market (2016): Percentage Penetration of Select Agricultural Equipment for Forage Harvesters, Horticultural Implements, Manual Plant Protection Devices, Potato Diggers, Power Tillers, Power-Driven Plant Protection Devices, Sprinklers & Drip Irrigation Systems, Straw Reapers, Tractor-Driven Cultivator, Tractor-Driven Disc Harrows, Tractor-Driven Levelers, Tractor-Driven Rotavators, and Tractors Per 1000 Hectares of Land (includes corresponding Graph/Chart)

Capacity Expansion Poses Challenge for Existing Players
Tractor Manufacturers Keenly Eye Growth in Niche Power Segments

Table 134. Indian Tractor Sales by Horsepower (HP) Categories (2017E): Percentage Share Breakdown of Unit Sales for Tractors of Below 30 HP, 31 to 40 HP, 41 to 50 HP, and Above 50 HP (includes corresponding Graph/Chart)

Table 135. Penetration of Tractors among Indian Farmers by Size of Land Holding (2015): Penetration Percentage for Large Farmers, Medium Farmers and Small & Marginal Farmers with Corresponding Land Holdings and Percentage Share of Farmer Population (includes corresponding Graph/Chart)

Emission Regulations to Play Vital Role in Pricing
Product Launches
Strategic Corporate Developments
Select Players
B. Market Analytics
Value Analytics

Table 136. Indian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 137. Indian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 138. Indian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 139. Indian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

5D. SOUTH KOREA

A. Market Analysis
Current and Future Analysis
Strategic Corporate Development
B. Market Analytics
Value Analytics

Table 140. South Korean Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 141. South Korean Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 142. South Korean Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 143. South Korean Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

5E. REST OF ASIA-PACIFIC

A. Market Analysis
Current and Future Analysis
Overview of Select Regional Markets
Philippines
Government Programs Push Forward Agricultural Mechanization
Vietnam
Uptake of Farming Equipment Rises Rapidly

Table 144. Vietnamese Farm Tractor Utilization by Power Segments (2016): Percentage Breakdown of Tractors with Horsepower of Below 12 HP, 12 to 35 HP, and Above 35 HP (includes corresponding Graph/Chart)

Table 145. Percentage Level of Mechanization in Various Activities in Vietnamese Agricultural Sector (2016) (includes corresponding Graph/Chart)

Chinese Imports Excel Vietnamese Farm Equipment Market
Overview of Export of Tractors from Vietnam
Key Players
Key Export Partners
Cambodia
Agricultural Mechanization: Still a Long Way to Go
Challenges for Agricultural Mechanization
Growth Drivers for Agricultural Mechanization
Product Launches
B. Market Analytics
Value Analytics

Table 146. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 147. Rest of Asia-Pacific Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 148. Rest of Asia-Pacific Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 149. Rest of Asia-Pacific Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

6. THE MIDDLE EAST & AFRICA

A. Market Analysis
African Farm Tractors Market Overview
Overview of South African Farm Tractors Market

Table 150. Leading Companies in the South African Tractors Market (2016): Percentage Share Breakdown of Unit Sales for John Deere, Landini, CNH, Massey Ferguson, and Others (includes corresponding Graph/Chart)

Product Launch
B. Market Analytics
Value Analytics

Table 151. The Middle East & Africa Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 152. The Middle East & Africa Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 153. The Middle East & Africa Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 154. The Middle East & Africa Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

7. LATIN AMERICA

A. Market Analysis
Current and Future Analysis
Market Skewed Towards Large Tractors
B. Market Analytics
Value Analytics

Table 155. Latin American Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 156. Latin American Historic Review for Farm Tractors by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 157. Latin American 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Dollar Sales for Brazil and Rest of Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

Volume Analytics

Table 158. Latin American Recent Past, Current & Future Analysis for Farm Tractors by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 159. Latin American Historic Review for Farm Tractors by Geographic Region - Brazil and Rest of Latin America Markets Independently Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

Table 160. Latin American 14-Year Perspective for Farm Tractors by Geographic Region - Percentage Breakdown of Unit Sales for Brazil and Rest of Latin America Markets for Years 2011, 2017 & 2024 (includes corresponding Graph/Chart)

7A. BRAZIL

A. Market Analysis
Current and Future Analysis
Low Commodity Prices and Economic Turmoil Affect Tractor Market
Agricultural Produce: An Opportunity Indicator

Table 161. Corn Production and Consumption in Brazil for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

B. Market Analytics
Value Analytics

Table 162. Brazilian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 163. Brazilian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 164. Brazilian Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 165. Brazilian Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

7B. REST OF LATIN AMERICA

A. Market Analysis
Current and Future Analysis
Argentina – A Key Market

Table 166. Wheat Production and Consumption in Argentina for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Table 167. Corn Production and Consumption in Argentina for the Years 2011/12 to 2016/17 (in Million Metric Tons) (includes corresponding Graph/Chart)

Mexico - Government Support for Mechanization to Drive Tractors Market
Product Launch
B. Market Analytics
Value Analytics

Table 168. Rest of Latin America Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 169. Rest of Latin America Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in US$ Million for Years 2011 through 2015 (includes corresponding Graph/Chart)

Volume Analytics

Table 170. Rest of Latin America Recent Past, Current & Future Analysis for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2016 through 2024 (includes corresponding Graph/Chart)

Table 171. Rest of Latin America Historic Review for Farm Tractors Market Analyzed with Annual Sales Figures in Units for Years 2011 through 2015 (includes corresponding Graph/Chart)

IV. COMPETITIVE LANDSCAPE

Total Companies Profiled: 51 (including Divisions/Subsidiaries - 76)
The United States (11)
Canada (2)
Japan (6)
Europe (29)
  France (2)
  Germany (4)
  The United Kingdom (8)
  Italy (9)
  Spain (1)
  Rest of Europe (5)
Asia-Pacific (Excluding Japan) (26)
Latin America (2)