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Tractor Market - Global Outlook and Forecast 2018-2023

Tractor Market - Global Outlook and Forecast 2018-2023

This market research report on global tractor market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by horsepower type (<40 HP, 40-100 HP, 100+ HP, and 4 WD), by wheel drive (2 WD and 4 WD), and by geography (North America, Europe, APAC, Latin America, and MEA).

Global Tractor Market – Overview

Agriculture plays a vital role in the economic development and emerging countries; agriculture contributes to the secondary and tertiary sector to the GDP in the global market. The constant shift in dietary patterns is one of the primary factors attributing to the growth of the global tractor market. The increase in urbanization and deforestation is leading to the adoption of smart tech solutions to effectively mitigate the negative effects of agriculture and meet the growing global food demand. The introduction of various innovative agricultural equipment such as rotavators and combines will transform the global market. The increasing focus on the development of innovative infrastructure for optimal supply chain and growth of supplementing industries and agri-businesses will create lucrative opportunities vendors operating in the global market. The implementation of advanced technologies such as GPS and telematics is expected to result in increased productivity and efficiency in the agricultural industries across the world. The introduction of precision farming and growing demand for advanced technology will result in the evolution of the market. The end-users are using advanced machinery to overcome factors such as encroachment of forest land, indiscriminate water consumption and wastage, unscientific usage of pesticides, and fertilizers. The implementation of innovative agricultural equipment will help to achieve short-term productivity and remove additional constraints to the agricultural value chain. The introduction of farm mechanization will boost demand in the global tractor market.

The use of data derived from farm mechanization will help farmers to use actionable farm insights that can potentially save resources, labor costs, and yield high productivity in the global market. The presence of large-size farm structure and intensive farming practices in countries such as US, Brazil, Russia, and Western Europe will boost the demand for high power machinery in the global market. The global tractor market is projected to produce over 2.8 thousand units by 2023, growing at a CAGR of around 5% during 2017-2023.

Global Tractor Market – Dynamics

The rapid emergence of custom hiring center model will attribute to the growth of the global tractor market. The custom hiring of farm machinery refers to renting out of farm machinery for operators that cannot afford to invest in high-value machinery in the global market. The growing prominence of “pay as per use” model will boost the demand for innovative machinery in the global market. The establishment of custom hiring centers is an ideal scenario to increase farm mechanization and offer access to small farmers to expensive agriculture tractors and equipment at a reasonable price in the world market. The increasing availability of new technologies due to this rent model will encourage farmers to adopt resilient climate practices and sustainable technologies in the global tractor market. For instance, in India, custom hiring centers for farm implements were established in 100 National Innovations on Climate Resilient Agriculture villages that will successfully empower small farmers to improve agriculture operations.

Global Tractor Market - Segmentation

This market research report includes a detailed segmentation of the market by horsepower type, wheel drive, and geography.

Global Tractor Market – By Horsepower Type

Growing demand for semi-professional machinery in emerging countries to boost sales in the global tractor market

The global tractor market by horsepower type is segmented into <40 HP, 40-100 HP, 100+ HP, and 4 WD. Below 40 HP segment dominated more than 1/3rd of the market share in 2017, growing at a CAGR of approximately 5% during the forecast period. The growing demand for these low hp tractor in emerging countries as well as in developed nations such as the US is augmenting the growth of this segment in the global market. The growing popularity of semi-professional tractors among a customer base in small-scale agriculture farms and with the hobby farmers is creating lucrative opportunities for leading manufacturers in the global market. The cost-effectiveness of these machines is one of the primary factors contributing to the demand in the global tractor market. The boost in the agricultural sector across India, China, and parts of Africa will lead to the revolution of this segment in the global market during the forecast period.

Global Tractor Market – By Wheel Drive

Fuel efficiencies in 2WD machines to help manufacturers attract the maximum number of the consumer in the global tractor market

The wheel drive segment in the global tractor market is categorized into 2 WD and 4 WD. 2WD segment dominated the largest market share in 2017, growing at a CAGR of more than 4% during the forecast period. The increasing focus on redesigning this equipment with more power and ease of handling features is attributing to the growth of this segment in the global market. These changes are encouraging the farmers to upgrade their machines and buy new ones as per the usage in the global market. The leading manufacturers are adding features such as fuel efficiency, providing added efficiency for operating in confined spaces, and for loader work to attract a large consumer group in the global tractor market. These advanced systems expected now in most of the agriculture economies that provide the performance and efficiency required to increase the production yield in the global market. The companies are now customizing the machinery according to various regions and usage by farmers to boost their revenues in the global market.

Global Tractor Market – By Geography

Farm mechanization across APAC to generate higher revenues in the global tractor market during the forecast period

The global market by geography is divided into North America, Europe, APAC, Latin America, and MEA. APAC occupied the majority of the market share in 2017, growing at CAGR of around 5% during the forecast period. The increasing availability of easy financing, better farming methods, and regular information sharing with farmers are some of the factors attributing to the growth of the APAC market. The rapid development of economies across India and China will attribute to the revenues in the region during the forecast period. The growing penetration of farm mechanization in APAC will encourage international players to expand their businesses in the APAC market. The introduction of precision farming and other such technologies will contribute to the development of the global tractor market. Additionally, the 4WD machines are gaining immense popularity and demand from large-scale farming regions such as Australia, some parts of China, and intensive agriculture states of North India.

Key Countries Profiled

The key countries profiled in the report are:

  • US
  • Canada
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Belgium
  • Poland
  • Turkey
  • Netherlands
  • Spain
  • Australia
  • China
  • India
  • Japan
  • Brazil
  • Mexico
  • Argentina
Key Vendor Analysis

The global tractor market is highly concentrated, and the top three players control the majority of the market share. The key manufacturers are offering a wide range of product portfolio in all segments to gain a larger global market share and attract a large group of consumers. The vendors are investing in the development of advanced agriculture equipment technology for precision farming and machine automation in the global market. The increasing incorporation of auto-steering and telematics will enable players to sustain the competition in the global tractor market. The launch of technologically advanced machines and high-end hp will revolutionize the market during the forecast period.

The major vendors in the global market are:
  • Deere & Company
  • CNH Industrial
  • AGCO
  • Kubota
  • TAFE
Other prominent vendors include Mahindra & Mahindra, SDF, Claas, Argo Tractors, Lovol Arbos Group, Carraro, Tumosan, ACE Tractors, Changzhou Dongfeng Agricultural Machinery Group Co., Ltd., Daedong Industrial, The Escorts Group, LS Corp., Agrale, Zetor, Sonalika Group, and Agrinar.

Key market insights include

1. The analysis of global tractor market provides market size and growth rate for the forecast period 2018-2023.

2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global tractor market.

3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.

4. It offers a complete overview of market segments and the regional outlook of global market.

5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

Report Snapshot

The global tractor market is estimated to produce volumes of around 2.8 thousand units by 2023, growing at a CAGR of around 5% during 2017-2023.

The global tractor market is driven by urbanization, exploitation of natural resources, and a massive shift in the production and consumption pattern of food across the globe. The rapid climatic changes increasing the incidences of droughts, flash floods, unpredictable rainfall, and temperature are wreaking further havoc on the already stressed agricultural output, thereby driving the need for sophisticated equipment in the global market. The market research report provides in-depth market analysis and segmental analysis of the global tractor market by HP type, by wheel drive, and by geography.

Base Year: 2017

Forecast Year: 2018–2023

The report considers the present scenario of the global tractor market and its market dynamics for the period 2018−2023. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the market.

Major Vendors in the Global Tractor Market
  • Deere & Company
  • Business Overview
  • Deere & Company in the Global Tractor Market
  • Major Product Offerings
  • Key Strategies
  • Key Strengths
  • Key Opportunities
  • CNH Industrial
  • AGCO
  • Kubota
  • TAFE
Prominent Players in the Global Tractor Market
  • Mahindra & Mahindra
  • Business Overview
  • SDF
  • Claas
  • Argo Tractors
  • Lovol Arbos Group
  • Carraro
  • Tumosan
  • ACE Tractors
  • Changzhou Dongfeng Agricultural Machinery Group Co., Ltd.
  • Daedong Industrial
  • The Escorts Group
  • LS Corp.
  • Agrale
  • Zetro
  • Sonalika Group
  • Agrinar
Market Segmentation by HP Type
  • <40 HP
  • 40-100 HP
  • 100+ HP
  • 4 WD
Market Segmentation by Wheel Drive
  • 2 WD
  • 4 WD
Market Segmentation by Geography
  • North America
  • US
  • Canada
  • Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Belgium
  • Poland
  • Turkey
  • Netherlands
  • Spain
  • APAC
  • Australia
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • MEA


1 Research Methodology
2 Research Objectives
3 Research Process
4 Report Coverage
4.1 Market Definition
4.2 Base Year
4.3 Scope of the Study
4.3.1 Market Segmentation by HP Type
4.3.2 Segmentation by Wheel Drives (WD)
4.3.3 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Inclusions
5.3 Exclusions
5.4 Currency Conversion
5.5 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 Increased Food Consumption and Rapid Population Growth
8.1.2 Growing Level of Farm Mechanization
8.1.3 Increased Financial Assistance to Farmers through Loans and Subsidies
8.1.4 Lack of Unskilled Labor in Farms
8.1.5 YOY Impact of Market Growth Enablers
8.1.6 YOY Impact of Market Growth Enablers on Regions
8.2 Market Growth Restraints
8.2.1 Climate Changes Adversely Impacting Agriculture Activities
8.2.2 Weakening of Global Commodity Prices
8.2.3 Increasing Demand for Used and Rental Tractors
8.2.4 Farmers Unaware about Latest Development in Agricultural Technologies
8.2.5 Volatility in Cost of Raw Materials
8.2.6 YOY Impact of Market Growth Restraints
8.2.7 YOY Impact of Market Growth Restraints on Regions
8.3 Market Opportunities & Trends
8.3.1 Increasing adoption of Precision Farming
8.3.2 Development of Smart and Autonomous Tractors
8.3.3 Emergence of Custom Hiring Center Model
8.3.4 Increasing Use of Non-conventional Fuel in Tractors
8.3.5 YOY Impact of Market Opportunities & Trends
8.3.6 YOY Impact of Market Opportunities & Trends on Regions
9 Global Tractor Market
9.1 Market Overview
9.2 Market Size & Forecast 2017–2023
9.3 Porter’s Five Forces Analysis
9.3.1 Threat of New Entrants
9.3.2 Bargaining Power of Suppliers
9.3.3 Bargaining Power of Buyers
9.3.4 Threat of Substitutes
9.3.5 Competitive Rivalry
10 Tractor Market by Wheel Drive
10.1 Market Overview
10.2 2WD Tractor Market
10.2.1 Market Size & Forecast
10.3 4WD Tractor Market
10.3.1 Market Size & Forecast
11 Tractor Market by HP
11.1 Market Overview
11.2 Less Than 40 HP
11.2.1 Market Size & Forecast
11.3 40-100 HP
11.3.1 Market Size & Forecast
11.4 Above 100 HP
11.4.1 Market Size & Forecast
11.5 4WD
11.5.1 Market Size & Forecast
12 Global Tractor Market By Geography
12.1 Geographical Overview
13 North America: Tractor Market
13.1 Market Overview
13.2 Market Size and Forecast
13.3 Segmentation by Wheel Drive (WD)
13.3.1 2WD Tractor Market: Size & Forecast
13.3.2 4WD Tractor Market Size & Forecast
13.4 Segmentation by HP
13.4.1 Less Than 40 HP: Market Size & Forecast
13.4.2 40-100 HP: Market Size & Forecast
13.4.3 Above 100 HP: Market Size & Forecast
13.4.4 4WD: Market Size & Forecast
13.5 Key Countries
13.6 US: Market Size and Forecast
13.6.1 Historical Data 2010−2016
13.6.2 Market Size & Forecast
13.6.3 Segmentation by HP
13.6.4 Less than 40 HP Tractor: Market Size & Forecast
13.6.5 40-100 HP Tractor: Market Size & Forecast
13.6.6 Above 100 HP Tractor: Market Size & Forecast
13.6.7 4WD Tractor Market: Market Size & Forecast
13.6.8 Market Share Analysis
13.7 Canada: Market Size and Forecast
13.7.1 Historical Data 2010−2016
13.7.2 Market Size & Forecast
13.7.3 Segmentation by HP
13.7.4 Less than 40 HP Tractor: Market Size & Forecast
13.7.5 40-100 HP Tractor: Market Size & Forecast
13.7.6 Above 100 HP Tractor: Market Size & Forecast
13.7.7 4WD Tractor: Market Size & Forecast
13.7.8 Market Share Analysis
14 Europe: Tractor Market
14.1 Market Overview
14.2 Market Size & Forecast 2017–2023
14.3 Type-Approval (Mother) Regulations in Europe
14.4 Segmentation by Wheel Drive
14.4.1 2WD Tractor: Market Size & Forecast
14.4.2 4WD Tractor: Market Size & Forecast
14.5 Segmentation by HP
14.5.1 Less Than 40 HP: Market Size & Forecast
14.5.2 40 - 100 HP: Market Size & Forecast
14.5.3 Above 100 HP: Market Size & Forecast
14.5.4 4WD: Market Size & Forecast
14.6 Key Countries
14.7 UK: Market Size and Forecast
14.7.1 Historical Data 2010–2016
14.7.2 Market Size & Forecast 2017–2023
14.7.3 Segmentation by HP
14.7.4 Less than 40 HP Tractor: Market Size & Forecast
14.7.5 40-100 HP Tractor: Market Size & Forecast
14.7.6 Above 100 HP Tractor: Market Size & Forecast
14.7.7 4WD Tractor: Market Size & Forecast
14.7.8 Market Share Analysis
14.8 Germany: Market Size and Forecast
14.8.1 Historical Data 2010−2016
14.8.2 Market Size & Forecast
14.8.3 Segmentation by HP
14.8.4 Less than 40 HP Tractor: Market Size & Forecast
14.8.5 40-100 HP Tractor: Market Size & Forecast
14.8.6 Above 100 HP Tractor: Market Size & Forecast
14.8.7 4WD Tractor: Market Size & Forecast
14.8.8 Market Share Analysis
14.9 France: Tractor Market
14.9.1 Historical Data 2010−2016
14.9.2 Market Size & Forecast
14.9.3 Segmentation by HP
14.9.4 Less than 40 HP Tractor: Market Size & Forecast
14.9.5 40-100 HP Tractor: Market Size & Forecast
14.9.6 Above 100 HP Tractor: Market Size & Forecast
14.9.7 4WD Tractor: Market Size & Forecast
14.9.8 Market Share Analysis
14.10 Russia: Tractor Market
14.10.1 Historical Data 2010−2016
14.10.2 Market Size & Forecast
14.10.3 Segmentation by HP
14.10.4 Less than 40 HP Tractor: Market Size & Forecast
14.10.5 40-100 HP Tractor: Market Size & Forecast
14.10.6 Above 100 HP Tractor: Market Size & Forecast
14.10.7 4WD Tractor: Market Size & Forecast
14.10.8 Market Share Analysis
14.11 Italy: Tractor Market
14.11.1 Historical Data 2010−2016
14.11.2 Market Size & Forecast
14.11.3 Segmentation by HP
14.11.4 Less than 40 HP Tractor: Market Size & Forecast
14.11.5 40-100 HP Tractor: Market Size & Forecast
14.11.6 Above 100 HP Tractor: Market Size & Forecast
14.11.7 4WD Tractor Market: Market Size & Forecast
14.11.8 Market Share Analysis
14.12 Belgium: Tractor Market
14.12.1 Historical Data 2010−2016
14.12.2 Market Size & Forecast
14.12.3 Segmentation by HP
14.12.4 Less than 40 HP Tractor: Market Size & Forecast
14.12.5 40-100 HP Tractor: Market Size & Forecast
14.12.6 Above 100 HP Tractor: Market Size & Forecast
14.12.7 4WD Tractor Market: Market Size & Forecast
14.12.8 Market Share Analysis
14.13 Poland: Tractor Market
14.13.1 Historical Data 2010−2016
14.13.2 Market Size & Forecast
14.13.3 Segmentation by HP
14.13.4 Less than 40 HP Tractor: Market Size & Forecast
14.13.5 40-100 HP Tractor: Market Size & Forecast
14.13.6 Above 100 HP Tractor: Market Size & Forecast
14.13.7 4WD Tractor: Market Size & Forecast
14.13.8 Market Share Analysis
14.14 Turkey: Tractor Market
14.14.1 Historical Data 2010−2016
14.14.2 Market Size & Forecast
14.14.3 Segmentation by HP
14.14.4 Less Than 40 HP Tractor: Market Size & Forecast
14.14.5 40-100 HP Tractor: Market Size & Forecast
14.14.6 Above 100 HP Tractor: Market Size & Forecast
14.14.7 4WD Tractor: Market Size & Forecast
14.14.8 Market Share Analysis
14.15 Netherlands: Tractor Market
14.15.1 Historical Data 2010−2016
14.15.2 Market Size & Forecast
14.15.3 Segmentation by HP
14.15.4 Less than 40 HP Tractor: Market Size & Forecast
14.15.5 40-100 HP Tractor: Market Size & Forecast
14.15.6 Above 100 HP Tractor: Market Size & Forecast
14.15.7 4WD Tractor: Market Size & Forecast
14.15.8 Market Share Analysis
14.16 Spain: Tractor Market
14.16.1 Historical Data 2010−2016
14.16.2 Market Size & Forecast
14.16.3 Segmentation by HP
14.16.4 Less Than 40 HP Tractor: Market Size & Forecast
14.16.5 40-100 HP Tractor: Market Size & Forecast
14.16.6 Above 100 HP Tractor: Market Size & Forecast
14.16.7 4WD Tractor: Market Size & Forecast
14.16.8 Market Share Analysis
15 APAC: Tractor Market
15.1 Market Overview
15.2 Market Size and Forecast
15.3 Segmentation by Wheel Drive
15.3.1 2WD Tractor: Market Size & Forecast
15.3.2 4WD Tractor: Market Size & Forecast
15.4 Segmentation by HP
15.4.1 Less Than 40 HP: Market Size & Forecast
15.4.2 40-100 HP: Market Size & Forecast
15.4.3 Above 100 HP: Market Size & Forecast
15.4.4 4WD: Market Size & Forecast
15.5 Key Countries
15.6 Australia: Market Size and Forecast
15.6.1 Market Size & Forecast
15.6.2 Segmentation by HP
15.6.3 Less than 40 HP Tractor: Market Size & Forecast
15.6.4 40-100 HP Tractor: Market Size & Forecast
15.6.5 Above 100 HP Tractor: Market Size & Forecast
15.6.6 4WD Tractor: Market Size & Forecast
15.6.7 Market Share Analysis
15.7 China: Market Size and Forecast
15.7.1 Historical Data 2010−2016
15.7.2 Market Size & Forecast
15.7.3 Segmentation by HP
15.7.4 Less than 40 HP Tractor: Market Size & Forecast
15.7.5 40-100 HP Tractor: Market Size & Forecast
15.7.6 Above 100 HP Tractor: Market Size & Forecast
15.7.7 4WD Tractor: Market Size & Forecast
15.7.8 Market Share Analysis
15.8 India: Market Size and Forecast
15.8.1 Historical Data 2010−2016
15.8.2 Market Size & Forecast
15.8.3 Segmentation by HP
15.8.4 Less than 40 HP Tractor: Market Size & Forecast
15.8.5 40-100 HP Tractor: Market Size & Forecast
15.8.6 Above 100 HP Tractor: Market Size & Forecast
15.8.7 4WD Tractor: Market Size & Forecast
15.8.8 Market Share Analysis
15.9 Japan: Market Size and Forecast
15.9.1 Historical Data 2010−2016
15.9.2 Market Size & Forecast
15.9.3 Segmentation by HP
15.9.4 Less Than 40 HP Tractor: Market Size & Forecast
15.9.5 40-100 HP Tractor: Market Size & Forecast
15.9.6 Above 100 HP Tractor: Market Size & Forecast
15.9.7 4WD Tractor Market: Market Size & Forecast
15.9.8 Market Share Analysis
16 Latin America: Tractor Market
16.1 Market Overview
16.2 Market Size and Forecast
16.3 Segmentation by Wheel Drive
16.3.1 2WD Tractor: Market Size & Forecast
16.3.2 4WD Tractor: Market Size & Forecast
16.4 Segmentation by HP
16.4.1 Less Than 40 HP: Market Size & Forecast
16.4.2 40-100 HP: Market Size & Forecast
16.4.3 Above 100 HP: Market Size & Forecast
16.4.4 4WD: Market Size & Forecast
16.5 Key Countries
16.6 Brazil: Market Size and Forecast
16.6.1 Historical Data 2010-2016
16.6.2 Market Size & Forecast
16.6.3 Segmentation by HP
16.6.4 Less than 40 HP Tractor: Market Size & Forecast
16.6.5 40-100 HP Tractor: Market Size & Forecast
16.6.6 Above 100 HP Tractor: Market Size & Forecast
16.6.7 4WD Tractor: Market Size & Forecast
16.6.8 Market Share Analysis
16.7 Mexico: Market Size and Forecast
16.7.1 Historical Data 2010−2016
16.7.2 Market Size & Forecast
16.7.3 Segmentation by HP
16.7.4 Less Than 40 HP Tractor: Market Size & Forecast
16.7.5 40-100 HP Tractor: Market Size & Forecast
16.7.6 Above 100 HP Tractor: Market Size & Forecast
16.7.7 4WD Tractor: Market Size & Forecast
16.7.8 Market Share Analysis
16.8 Argentina: Market Size and Forecast
16.8.1 Historical Data 2010-2016
16.8.2 Market Size & Forecast
16.8.3 Segmentation by HP
16.8.4 Less than 40 HP Tractor: Market Size & Forecast
16.8.5 40-100 HP Tractor: Market Size & Forecast
16.8.6 Above 100 HP Tractor: Market Size & Forecast
16.8.7 4WD Tractor: Market Size & Forecast
16.8.8 Market Share Analysis
17 MEA: Tractor Market
17.1 Market Overview
17.2 Market Size and Forecast
17.3 Segmentation by Wheel Drive
17.3.1 2WD Tractor: Market Size & Forecast
17.3.2 4WD Tractor: Market Size & Forecast
17.4 Segmentation by HP
17.4.1 Less Than 40 HP: Market Size & Forecast
17.4.2 40 - 100 HP: Market Size & Forecast
17.4.3 Above 100 HP: Market Size & Forecast
17.4.4 4WD: Market Size & Forecast
17.5 Market Share Analysis
18 Competitive Landscape
19 Key Company Profiles
19.1 Mahindra
19.1.1 Business Overview
19.1.2 Mahindra in Less Than 100 HP Tractor Market
19.1.3 Major Product Offerings
19.1.4 Key Strategies
19.1.5 Key Strengths
19.1.6 Key Opportunities
19.2 Deere & Company
19.2.1 Business Overview
19.2.2 Deere & Company in Global Tractor Market
19.2.3 Major Product Offerings
19.2.4 Key Strategies
19.2.5 Key Strengths
19.2.6 Key Opportunities
19.3 TAFE
19.3.1 Business Overview
19.3.2 TAFE in Global Tractor Market
19.3.3 Major Product Offerings
19.3.4 Key Strategies
19.3.5 Key Strengths
19.3.6 Key Opportunities
19.4 CNH
19.4.1 Business Overview
19.4.2 CNH in Global Tractor Market
19.4.3 Major Product Offerings
19.4.4 Key Strategies
19.4.5 Key Strengths
19.4.6 Key Opportunities
19.5 AGCO
19.5.1 Business Overview
19.5.2 AGCO in Global Tractor Market
19.5.3 Major Product Offerings
19.5.4 Key strategies
19.5.5 Key Strengths
19.5.6 Key Opportunities
19.6 Kubota
19.6.1 Business Overview
19.6.2 Kubota in Global Tractor Market
19.6.3 Major Product Offerings
19.6.4 Key Strategies
19.6.5 Key Strengths
19.6.6 Key Opportunities
20 Other Prominent Vendors
20.1 SDF
20.1.1 Business Overview
20.2 CLAAS
20.2.1 Business Overview
20.3 Argo Tractors
20.3.1 Business Overview
20.4 Lovol
20.4.1 Business Overview
20.5 Carraro
20.5.1 Business Overview
20.6 Tumosan
20.6.1 Business Overview
20.6.2 Product Offerings
20.7 ACE Tractors
20.7.1 Business Overview
20.8 Changzhou Dongfeng Agricultural Machinery Group
20.8.1 Business Overview
20.9 Daedong Industrial
20.9.1 Business Overview
20.10 Escorts
20.10.1 Business Overview
20.11 LS Corp.
20.11.1 Business Overview
20.12 Agrale
20.12.1 Business Overview
20.13 Zetor Tractors
20.13.1 Business Overview
20.14 Sonalika
20.14.1 Business Overview
20.15 Agrinar
20.15.1 Business Overview
21 Report Summary
21.1 Key Takeaways
21.2 Qualitative Summary: Global Tractor Market
21.3 Quantitative Summary: GloBALTractor Market
21.3.1 Market by Geography
21.3.2 Market by 2WD
21.3.3 Market by 4WD
21.3.4 Market by HP
21.3.5 Market by Key Countries
22 Appendix
22.1 Abbreviations

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