
Brazil Tractors Market - Industry Analysis & Forecast 2022-2028
Description
Brazil Tractors Market - Industry Analysis & Forecast 2022-2028
The study considers a detailed scenario of the present Brazil tractors market and its market dynamics for 2022−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
The Brazil tractors market is expected to grow at a CAGR of 4.75% during 2022-2028
MARKET INSIGHTS
Unlike other emerging regions such as APAC, the Middle East, and Africa, the demand for high HP tractors increased in Latin America. In Brazil, the 50−100 HP tractors segment dominates the market and contributes more than a 44.3% share of the overall market, followed by the 151−250 HP segment, which accounts for 20.5% in 2021. The other segments contribute the remaining 35.2% share.
Brazil tractors in the 50−100 HP power range accounted for the highest market share. Medium-scale farmers in almost all regions within the country rely on tractors in the power range of 50−100 HP.
Segmentation by Horsepower
This report is among the few in the market that offers an outlook and opportunity analysis forecast in terms of:
The study considers a detailed scenario of the present Brazil tractors market and its market dynamics for 2022−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
The Brazil tractors market is expected to grow at a CAGR of 4.75% during 2022-2028
MARKET INSIGHTS
- With approximately 70% share, tractors account for the largest agricultural equipment segment in Brazil in terms of revenue. Brazil is the largest exporter of tractors (by volume) in South America. The number of tractors manufactured in Brazil accounts for over one-third of the total number manufactured in South America.
- The government strategies to enhance the welfare of farmers by converting agriculture into a more viable activity are paving the way for new tractor purchases. The awareness about advanced agricultural equipment to improve per hectare yields is reducing the overall cost of crop production, and the income-centric inclination of farmers is boosting the sale of new tractors in Brazil.
- The increasing penetration and adoption of farm mechanization practices throughout the Brazilian sub-continent have boosted the sale of new tractors. Tractors and agricultural implements driven by tractor spares are the major product categories of the organized agricultural market in Brazil.
Unlike other emerging regions such as APAC, the Middle East, and Africa, the demand for high HP tractors increased in Latin America. In Brazil, the 50−100 HP tractors segment dominates the market and contributes more than a 44.3% share of the overall market, followed by the 151−250 HP segment, which accounts for 20.5% in 2021. The other segments contribute the remaining 35.2% share.
Brazil tractors in the 50−100 HP power range accounted for the highest market share. Medium-scale farmers in almost all regions within the country rely on tractors in the power range of 50−100 HP.
Segmentation by Horsepower
- Less Than 50 HP
- 50-100 HP
- 101-150 HP
- 151−250 HP
- Above 250 HP
- 2-Wheel-Drive
- 4-Wheel-Drive
- Brazil
- North
- Northeast
- Southeast
- South
- Central-West
- The key players in the Brazil agriculture tractor market are AGCO, CNH Industrial, John Deere, TAFE, and Kubota.
- AGCO
- CNH Industrial
- John Deere
- TAFE
- Kubota
- SDF
- Action Construction Equipments Ltd (ACE)
- Iseki
- Deutz-Fahr
- Mahindra & Mahindra
- Yanmar
- Escorts
This report is among the few in the market that offers an outlook and opportunity analysis forecast in terms of:
- Market Size & Forecast Volume (Units) 2019-2028
- Segmentation by Horsepower
- Segmentation by Wheel-Drive
- Segmentation by Zones (Federal States)
- Production and trade values
- Major current & upcoming projects & investments
- Gain competitive intelligence about the economic scenario, advantages in Germany, market dynamics, and market share
- Latest & innovative technologies
- Import & Export analysis
- COVID-19 impact analysis of the market
- Company Profile of major and other prominent vendors
- Market share of major vendors
Table of Contents
183 Pages
- 1 RESEARCH METHODOLOGY
- 2 RESEARCH OBJECTIVES
- 3 RESEARCH PROCESS
- 4 SCOPE & COVERAGE
- 4.1 MARKET DEFINITION
- 4.1.1 INCLUSIONS
- 4.1.2 EXCLUSIONS
- 4.1.3 MARKET ESTIMATION CAVEATS
- 4.2 BASE YEAR
- 4.3 SCOPE OF THE STUDY
- 5 REPORT ASSUMPTIONS & CAVEATS
- 5.1 KEY CAVEATS
- 5.2 CURRENCY CONVERSION
- 5.3 MARKET DERIVATION
- 6 MARKET AT A GLANCE
- 7 INTRODUCTION
- 7.1 OVERVIEW
- 7.2 BRAZIL: FAMILY FARMING INCENTIVES
- 7.3 FOREIGN DIRECT INVESTMENT
- 7.4 IMPORT & EXPORT ANALYSIS
- 7.5 CROPPING INTENSITY & LANDHOLDING STRUCTURES
- 7.6 INCREASING ADOPTION OF PRECISION FARMING
- 7.7 ROLE OF TRACTORS IN BRAZILIAN AGRICULTURE SECTOR
- 7.8 TECHNOLOGICAL ADVANCEMENTS
- 7.9 IMPACT OF COVID-19 ON BRAZILIAN AGRICULTURE SECTOR
- 8 MARKET LANDSCAPE
- 8.1 MARKET OVERVIEW
- 8.1.1 INVESTMENT & REGULATORY OUTLOOK IN BRAZIL
- 8.1.2 MAJOR SHORTAGE OF LABOR IN AGRICULTURE SECTOR
- 8.2 MARKET SIZE & FORECAST
- 8.3 FIVE FORCES ANALYSIS
- 8.3.1 THREAT OF NEW ENTRANTS
- 8.3.2 BARGAINING POWER OF SUPPLIERS
- 8.3.3 BARGAINING POWER OF BUYERS
- 8.3.4 THREAT OF SUBSTITUTES
- 8.3.5 COMPETITIVE RIVALRY
- 9 HORSEPOWER
- 9.1 MARKET SNAPSHOT & GROWTH ENGINE
- 9.2 MARKET OVERVIEW
- 9.3 LESS THAN 50 HP
- 9.3.1 MARKET OVERVIEW
- 9.3.2 MARKET SIZE & FORECAST
- 9.3.3 LESS THAN 50 HP TRACTOR MARKET IN BRAZIL BY REGION
- 9.4 50–100 HP
- 9.4.1 MARKET OVERVIEW
- 9.4.2 MARKET SIZE & FORECAST
- 9.4.3 50–100 HP AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGION
- 9.5 101–150 HP
- 9.5.1 MARKET OVERVIEW
- 9.5.2 MARKET SIZE & FORECAST
- 9.5.3 101–150 HP AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGION
- 9.6 151–250 HP
- 9.6.1 MARKET OVERVIEW
- 9.6.2 MARKET SIZE & FORECAST
- 9.6.3 151–250 HP AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGION
- 9.7 ABOVE 250 HP
- 9.7.1 MARKET OVERVIEW
- 9.7.2 MARKET SIZE & FORECAST
- 9.7.3 ABOVE 250 HP AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGION
- 10 DRIVE TYPE
- 10.1 MARKET SNAPSHOT & GROWTH ENGINE
- 10.2 MARKET OVERVIEW
- 10.2.1 MARKET SIZE & FORECAST
- 10.3 2WD TRACTORS
- 10.3.1 MARKET OVERVIEW
- 10.3.2 MARKET SIZE & FORECAST
- 10.3.3 2 WD AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGIONS
- 10.4 4WD TRACTORS
- 10.4.1 MARKET OVERVIEW
- 10.4.2 MARKET SIZE & FORECAST
- 10.4.3 4WD AGRICULTURAL TRACTOR MARKET IN BRAZIL BY REGIONS
- 11 ZONE SEGMENTATION
- 11.1 MARKET SNAPSHOT & GROWTH ENGINE
- 11.2 MARKET OVERVIEW
- 11.3 NORTH REGION
- 11.3.1 MARKET OVERVIEW
- 11.3.2 MARKET SIZE & FORECAST
- 11.3.3 NORTH REGION TRACTOR MARKET BY HP
- 11.3.4 NORTH REGION TRACTOR MARKET BY WHEEL DRIVE
- 11.4 NORTHEAST REGION
- 11.4.1 MARKET OVERVIEW
- 11.4.2 MARKET SIZE & FORECAST
- 11.4.3 NORTHEAST REGION TRACTOR MARKET BY HP
- 11.4.4 NORTHEAST REGION TRACTOR MARKET BY WHEEL DRIVE
- 11.5 SOUTHEAST REGION
- 11.5.1 MARKET OVERVIEW
- 11.5.2 MARKET SIZE & FORECAST
- 11.5.3 SOUTHEAST REGION TRACTOR MARKET BY HP
- 11.5.4 SOUTHEAST REGION TRACTOR MARKET BY WHEEL DRIVE
- 11.6 SOUTH REGION
- 11.6.1 MARKET OVERVIEW
- 11.6.2 MARKET SIZE & FORECAST
- 11.6.3 SOUTH REGION TRACTOR MARKET BY HP
- 11.6.4 SOUTH REGION TRACTOR MARKET BY WHEEL DRIVE
- 11.7 CENTRAL-WEST REGION
- 11.7.1 MARKET OVERVIEW
- 11.7.2 MARKET SIZE & FORECAST
- 11.7.3 CENTRAL-WEST REGION TRACTOR MARKET BY HP
- 11.7.4 CENTRAL-WEST REGION MARKET BY WHEEL DRIVE
- 12 MARKET OPPORTUNITIES & TRENDS
- 12.1 INCREASING FOCUS ON SMART & AUTONOMOUS TRACTORS
- 12.1.1 SELF-DRIVING TRACTORS
- 12.1.2 GPS TECHNOLOGY
- 12.1.3 GROWING DEMAND FOR AUTONOMOUS TRACTORS
- 12.2 GROWING FARM MECHANIZATION TO REDUCE WORKFORCE
- 12.3 ALTERNATIVE FUEL-BASED TRACTORS
- 13 MARKET GROWTH ENABLERS
- 13.1 GOVERNMENT SUBSIDIES & CREDIT SUPPORT SYSTEMS
- 13.2 AGRICULTURE AS INCREASING PART OF GDP
- 13.3 INVESTMENT BY INTERNATIONAL MANUFACTURERS
- 13.4 INCREASING FARMLAND SIZE
- 14 MARKET RESTRAINTS
- 14.1 LOOMING UNFAVORABLE WEATHER CONDITIONS
- 14.2 INCREASING USAGE OF USED & RENTAL TRACTORS
- 14.3 FLUCTUATING COMMODITY & FERTILIZER PRICES
- 15 COMPETITIVE LANDSCAPE
- 15.1 COMPETITION OVERVIEW
- 15.2 MARKETING & PROMOTIONAL ACTIVITIES
- 15.3 BRAND LOYALTY
- 15.4 SALES & EXPORTS
- 16 KEY COMPANY PROFILES
- 16.1 AGCO
- 16.1.1 BUSINESS OVERVIEW
- 16.1.2 AGCO IN AGRICULTURAL TRACTOR MARKET
- 16.1.3 PRODUCT OFFERINGS
- 16.1.4 KEY STRATEGIES
- 16.1.5 KEY STRENGTHS
- 16.1.6 KEY OPPORTUNITIES
- 16.2 CNH INDUSTRIAL
- 16.2.1 BUSINESS OVERVIEW
- 16.2.2 CNH IN AGRICULTURAL TRACTOR MARKET
- 16.2.3 PRODUCT OFFERINGS
- 16.2.4 KEY STRATEGIES
- 16.2.5 KEY STRENGTHS
- 16.2.6 KEY OPPORTUNITIES
- 16.3 JOHN DEERE
- 16.3.1 BUSINESS OVERVIEW
- 16.3.2 JOHN DEERE IN AGRICULTURAL TRACTOR MARKET
- 16.3.3 PRODUCT OFFERINGS
- 16.3.4 KEY STRATEGIES
- 16.3.5 KEY STRENGTHS
- 16.3.6 KEY OPPORTUNITIES
- 16.4 TAFE
- 16.4.1 BUSINESS OVERVIEW
- 16.4.2 TAFE IN AGRICULTURAL TRACTOR MARKET
- 16.4.3 PRODUCT OFFERINGS
- 16.4.4 KEY STRATEGIES
- 16.4.5 KEY STRENGTHS
- 16.4.6 KEY OPPORTUNITIES
- 16.5 KUBOTA
- 16.5.1 BUSINESS OVERVIEW
- 16.5.2 KUBOTA IN AGRICULTURAL TRACTOR MARKET
- 16.5.1 PRODUCT OFFERINGS
- 16.5.2 KEY STRATEGIES
- 16.5.3 KEY STRENGTHS
- 16.5.4 KEY OPPORTUNITIES
- 17 OTHER PROMINENT VENDORS
- 17.1 SDF
- 17.1.1 BUSINESS OVERVIEW
- 17.1.2 PRODUCT OFFERINGS
- 17.2 ACE
- 17.2.1 BUSINESS OVERVIEW
- 17.2.2 PRODUCT OFFERINGS
- 17.3 ISEKI
- 17.3.1 BUSINESS OVERVIEW
- 17.3.2 PRODUCT OFFERINGS
- 17.4 DEUTZ-FAHR
- 17.4.1 BUSINESS OVERVIEW
- 17.4.2 PRODUCT OFFERINGS
- 17.5 MAHINDRA & MAHINDRA
- 17.5.1 BUSINESS OVERVIEW
- 17.5.2 PRODUCT OFFERINGS
- 17.6 YANMAR
- 17.6.1 BUSINESS OVERVIEW
- 17.6.2 PRODUCT OFFERINGS
- 17.7 ESCORTS
- 17.7.1 BUSINESS OVERVIEW
- 17.7.2 PRODUCT OFFERINGS
- 18 REPORT SUMMARY
- 18.1 KEY TAKEAWAYS
- 18.2 STRATEGIC RECOMMENDATIONS
- 19 QUANTITATIVE SUMMARY
- 19.1 MARKET BY HORSEPOWER
- 19.2 MARKET BY DRIVE TYPE
- 19.3 MARKET BY ZONES
- 20 APPENDIX
- 20.1 ABBREVIATIONS
Pricing
Currency Rates
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