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Agriculture Tractor Market in the APAC 2015-2019

About Agriculture Tractor

Tractors are conventionally used on farms to mechanise agricultural tasks. Modern day tractors are used for activities such as cultivating, ploughing, and planting fields; in addition to non-agricultural activities such as lawn care, landscaping, and clearing undergrowth. They are available in wide range of options to suit specific tasks and special requirements. They are also equipped with powerful engines so that they can run over rough and uneven terrain, and pull heavy loads, which makes them ideal for tough farming and landscaping tasks. Power shift transmission and hydrostatic transmission are some of the features that simplify the operations of a tractor. Tractors also have the option of power steering.

TechNavio's analysts forecast the Agricultural Tractor market in the APAC region to grow at a CAGR of 5.11 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Agricultural Tractor market in the APAC region during the period 2015-2019. It considers 2014 as the base year and provides data for the 12 trailing months. To calculate the market size, it considers unit sales of tractors by OEMs only in the APAC region. It also presents the vendor landscape and a corresponding detailed analysis of the five key vendors in the APAC region. It lists the major vendors in the Agricultural Tractor market, provides their share, and also discusses the major drivers that influence the growth of the market in the APAC region. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

TechNavio's report, Agriculture Tractor Market in APAC Region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region; it also covers the market landscape of the Agriculture Tractor market in the APAC Region and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Nations

  • China
  • India
  • Japan
Key Vendors
  • Deere and company
  • Escorts Group
  • ISEKI
  • Mahindra & Mahindra
  • Tractors and Farm Equipment
Other Prominent Vendors
  • ACE Tractors
  • AGCO
  • Captain Tractors
  • Farmer Tractor
  • Force Motor
  • Foton Lovol International Heavy Industry
  • HMT Tractors
  • Indo Farm Equipment
  • Kubota Tractor
  • MARS Group
  • New Holland Fiat India
  • Preet Group of Companies
  • Same Deutz-Fahr
  • SAS Motors
  • Sonalika Group
  • YTO Group
Key Market Driver
  • Modernization of Agricultural Activities
  • For a full, detailed list, view our report
Key Market Challenge
  • Intense Competition
  • For a full, detailed list, view our report
Key Market Trend
  • Agriculture Tractors for Non-Farming Applications
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Agriculture Tractor Market in the APAC 2015-2019

Technavio recognizes the following companies as the key players in the Agriculture Tractor Market in the APAC 2015-2019: Deere and Company, Escorts Group, ISEKI Co. Ltd., Mahindra & Mahindra Ltd. Amd Tractors and Farm Equipment Ltd. (Tafe).

Other Prominent Vendors in the market are: ACE Tractors, AGCO, Captain Tractors Farmer Tractor, Force Motor, Foton Lovol International Heavy Industry, HMT Tractors, Indo Farm Equipment Kubota Tractor, MARS, New Holland Fiat India, Preet, Same Deutz - Fahr India, SAS Motors, Sonalika and YTO

Commenting on the report, an analyst from Technavio’s team said: “The usage of agricultural tractors for non-farming purposes has increased in the past few years. Non-agricultural tractors currently hold 40-45% of the share in the tractor market.”

According to the report, modernization of agricultural activities is one of the major drivers of the agriculture tractor market in the APAC. Mechanization of the agricultural sector increases the speed and precision of farming activities and helps to standardize agricultural activities.

Further, the report states that challenges such as intense competition among tractor manufacturers are hindering the market growth.

Companies Mentioned

Deere and Company, Escorts Group, ISEKI Co. Ltd., Mahindra & Mahindra Ltd. Amd Tractors, Farm Equipment Ltd. (Tafe), ACE Tractors, AGCO, Captain Tractors Farmer Tractor, Force Motor, Foton Lovol International Heavy Industry, HMT Tractors, Indo Farm Equipment Kubota Tractor, MARS, New Holland Fiat India, Preet, Same Deutz - Fahr India, SAS Motors, Sonalika, YTO

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market overview
    • Product offerings
  • Market Research Methodology
    • Market research process
    • Research methodology
      • Table Market research methodology
  • Introduction
  • Market Landscape
    • Market overview
    • Segmentation of tractors
      • On the basis of horsepower
      • On the basis of build type
      • On the basis of application
        • Table Type of tractors by application
    • Market size and forecast
      • Table Agriculture tractor market in APAC 2014-2019 (units in million)
    • Five forces analysis
  • Key Leading Countries
    • India
    • China
    • Japan
  • Buying Criteria
  • Market Growth Drivers
    • Table Major drivers of agriculture tractor market in APAC
    • Table Agriculture equipment product portfolio
  • Drivers and their Impact
  • Market Challenges
    • Table Major challenges in agriculture tractor market in APAC
    • Table Breakdown of raw materials in a 65-90HP tractor
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Major trends in agriculture tractor market in APAC
    • Table Agriculture tractors for non-farming applications 2014
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
      • Table Leading vendors in agriculture tractor market in APAC 2014
      • Key news
    • Other prominent vendors
  • Key Vendor Analysis
    • Deere and Company
      • Key facts
      • Business overview
      • Business segmentation by revenue 2013
        • Table Deere and Company: Business segmentation by revenue 2013
      • Business segmentation by revenue 2012-2013
        • Table Deere and Company: Business segmentation by revenue 2012-2013 ($ million)
      • Geographical segmentation by revenue 2013
        • Table Deere and Company: Geographical segmentation by revenue 2013
      • Business strategy
      • Recent developments
      • SWOT analysis
    • Escorts
      • Key facts
      • Business overview
      • Business segmentation by revenue 2014
        • Table Escorts: Business segmentation by revenue 2014
      • Geographical segmentation by revenue 2014
        • Table Escorts: Geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
    • ISEKI
      • Key facts
      • Business overview
      • Product segmentation
        • Table ISEKI: Product segmentation 2014
      • Business segmentation by revenue 2014
        • Table ISEKI: Business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table ISEKI: Business segmentation by revenue 2013 and 2014 ($ million)
      • Geographical segmentation by revenue 2014
        • Table ISEKI: Geographical segmentation by revenue 2014
      • Business strategy
      • SWOT analysis
    • Mahindra and Mahindra
      • Key facts
      • Business overview
      • Business segmentation by revenue 2014
        • Table Mahindra and Mahindra: Business segmentation by revenue 2014
      • Business segmentation by revenue 2013 and 2014
        • Table Mahindra and Mahindra: Business segmentation by revenue 2013 and 2014 ($ billion)
      • Geographical segmentation by revenue 2014
        • Table Mahindra and Mahindra: Geographical segmentation by revenue 2014
      • Business strategy
      • Recent developments
      • SWOT analysis
    • TAFE
      • Key facts
      • Business overview
      • Business segmentation
        • Table TAFE: Business segmentation 2013
      • Recent developments
      • SWOT analysis
  • Other Reports in this Series

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