Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors
Description
Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors
The report titled “Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors” provides a comprehensive analysis of the used tractor market and sales in Thailand. The report also covers overview and genesis of the industry, used tractor market size in terms of total revenue generated for total used tractor volume sales with average price of used tractor and used to new tractor ratio; along with Used tractor finance market size, New tractor market size and market segmentation by type of market structure, type of tractor, type of manufacturers, trends and developments, issues and challenges and comparative landscape including competition scenario based on cross comparison in Thailand. The report concludes with future market projections of each used tractor segmentation and Analyst recommendations for Marketing & Promotional Strategies including Business Framework.
Detailed Analysis on the Thailand Used Tractor Market: Thailand Used Tractormarket has showcased subdued growth over the past few years supported by growth in agriculture production, surge in average farm size and demand increase for 35-50HP used tractors.
The Thailand Used Tractor market is a moderately concentrated market with John Deere, New Holland, Yanmar, Siam Kubota, Iseki as the market leaders owing to the high market share on the basis of number of used tractors sold.
Due to the increased use of online channels during the COVID, the prominence of offline channels as a method of distribution of used tractors decreased. A major part of the sales distribution occurs through financial institutions or auctions. In case of default, the financial institution repossesses the machinery and auction it, to recover the investment.
Thailand Use Tractor Market Segmentation
By HP: Low Power tractors were dominating the market and it still continues due to the lower relative cost. Demand for mid-range of tractors has grown faster owing to their versatility offered in both agriculture and construction sectors.
By Purpose: The tractors are mostly used for Agricultural operations in Thailand. The farm tractor is used for pulling or pushing agricultural machinery or trailers, for ploughing, tilling, discing, harrowing, and planting.
By Region: 55% of the used tractors sold in Thailand were from Isan in the year 2021. However, the share of Isan in number of used tractors sold is expected to fall by by 2027F. There are irrigation problems and agricultural land size issues in the area making the inhabitants migrate to other regions.
By Distribution Channels: Offline channels has the lion’s share in terms of the distribution channel and is likely to prevail for a long period.
By Usage: The tractors are mostly used for a period of one to ten years. Most of the people prefer to invest on tractors that can be used for more than a year. A long-term investment in used tractors is usually preferred.
By Price: Majority of the used tractors sold in Thailand are the ones available in the range of<300,000 THB, followed by the ones sold in the range of 400,001 – 600,000 THB.
Competition Landscape
The competitive landscape of the industry has also been examined with some of the key players being John Deere, Kubota, Yanmar, Iseki and others which has been further supported by extensive finance availability for used tractors.
Key Segments Covered
Thailand Used Tractor Market Segmentation
By Power
Less than 35 HP
35 – 50 HP
51 – 75 HP
76 – 100 HP
100 HP+
By Region
North East (Isan)
Central (Siam)
North (Lanna)
South
By Purpose
Agriculture
Construction
By Distribution Channel
Offline Channel
Financial Institution/Auction
Online Channel
By Usage Hours
Less than 500 hours
501-1500
1501-3000
3001-5000
5000+
By Price
Less than 30,000 THB
300,001-400,000 THB
4 00,001- 600,000 THB
600,000+ THB
Key Target Audience
OEMs
Multi-Brands
Online Used Tractor Portals
Used Tractor Financing Companies
Government Bodies
Investors & Venture Capital Firms
Time Period Captured in the Report:
Base Year: 2021
Forecast Period: 2022–2027F
Companies Covered:
Major OEMs
Kubota
John Deere
New Holland
Iseki
Yanmar
Major Classifieds
Truck2Hand
Kaidee
Machinio
Farm Machinery
Major Finance and Leasing Market players
Sawad
Heng Leasing
SKL
Yanmar Capital
Major local Dealer/ Sellers
Minsen
Eurotrac Co Ltd
CDN
JPT Tractor
Key Topics Covered in the Report
Thailand Agriculture Market Overview
Thailand Used Tractor Market Overview
Thailand Used Tractor Auction Market
Thailand Online E-commerce Used Tractor Market
Market Ecosystem
Value chain Analysis
Decision Making Parameters for Customers
Offline and Online Business Models
Detailed Analysis on Thailand Used Tractor Market (Market Size, 2021; Market Structure; Market Segmentation; Competition; Future Market Size, 2027; Future Trends and the Way Forward)
Snapshot on Online Used Tractor Platforms in Thailand
Snapshot of Used Tractor Auction House in Thailand
Snapshot of Finance Market in Thailand
Business Opportunity (Customer Profile Analysis)
Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
Please Note:It will take 5-7 business days to complete the report upon order confirmation.
The report titled “Thailand Used Tractor Market Outlook to 2027F – Driven by Technological Advancements and Dominated by Low Engine Power Tractors” provides a comprehensive analysis of the used tractor market and sales in Thailand. The report also covers overview and genesis of the industry, used tractor market size in terms of total revenue generated for total used tractor volume sales with average price of used tractor and used to new tractor ratio; along with Used tractor finance market size, New tractor market size and market segmentation by type of market structure, type of tractor, type of manufacturers, trends and developments, issues and challenges and comparative landscape including competition scenario based on cross comparison in Thailand. The report concludes with future market projections of each used tractor segmentation and Analyst recommendations for Marketing & Promotional Strategies including Business Framework.
Detailed Analysis on the Thailand Used Tractor Market: Thailand Used Tractormarket has showcased subdued growth over the past few years supported by growth in agriculture production, surge in average farm size and demand increase for 35-50HP used tractors.
The Thailand Used Tractor market is a moderately concentrated market with John Deere, New Holland, Yanmar, Siam Kubota, Iseki as the market leaders owing to the high market share on the basis of number of used tractors sold.
Due to the increased use of online channels during the COVID, the prominence of offline channels as a method of distribution of used tractors decreased. A major part of the sales distribution occurs through financial institutions or auctions. In case of default, the financial institution repossesses the machinery and auction it, to recover the investment.
Thailand Use Tractor Market Segmentation
By HP: Low Power tractors were dominating the market and it still continues due to the lower relative cost. Demand for mid-range of tractors has grown faster owing to their versatility offered in both agriculture and construction sectors.
By Purpose: The tractors are mostly used for Agricultural operations in Thailand. The farm tractor is used for pulling or pushing agricultural machinery or trailers, for ploughing, tilling, discing, harrowing, and planting.
By Region: 55% of the used tractors sold in Thailand were from Isan in the year 2021. However, the share of Isan in number of used tractors sold is expected to fall by by 2027F. There are irrigation problems and agricultural land size issues in the area making the inhabitants migrate to other regions.
By Distribution Channels: Offline channels has the lion’s share in terms of the distribution channel and is likely to prevail for a long period.
By Usage: The tractors are mostly used for a period of one to ten years. Most of the people prefer to invest on tractors that can be used for more than a year. A long-term investment in used tractors is usually preferred.
By Price: Majority of the used tractors sold in Thailand are the ones available in the range of<300,000 THB, followed by the ones sold in the range of 400,001 – 600,000 THB.
Competition Landscape
The competitive landscape of the industry has also been examined with some of the key players being John Deere, Kubota, Yanmar, Iseki and others which has been further supported by extensive finance availability for used tractors.
Key Segments Covered
Thailand Used Tractor Market Segmentation
By Power
Less than 35 HP
35 – 50 HP
51 – 75 HP
76 – 100 HP
100 HP+
By Region
North East (Isan)
Central (Siam)
North (Lanna)
South
By Purpose
Agriculture
Construction
By Distribution Channel
Offline Channel
Financial Institution/Auction
Online Channel
By Usage Hours
Less than 500 hours
501-1500
1501-3000
3001-5000
5000+
By Price
Less than 30,000 THB
300,001-400,000 THB
4 00,001- 600,000 THB
600,000+ THB
Key Target Audience
OEMs
Multi-Brands
Online Used Tractor Portals
Used Tractor Financing Companies
Government Bodies
Investors & Venture Capital Firms
Time Period Captured in the Report:
Base Year: 2021
Forecast Period: 2022–2027F
Companies Covered:
Major OEMs
Kubota
John Deere
New Holland
Iseki
Yanmar
Major Classifieds
Truck2Hand
Kaidee
Machinio
Farm Machinery
Major Finance and Leasing Market players
Sawad
Heng Leasing
SKL
Yanmar Capital
Major local Dealer/ Sellers
Minsen
Eurotrac Co Ltd
CDN
JPT Tractor
Key Topics Covered in the Report
Thailand Agriculture Market Overview
Thailand Used Tractor Market Overview
Thailand Used Tractor Auction Market
Thailand Online E-commerce Used Tractor Market
Market Ecosystem
Value chain Analysis
Decision Making Parameters for Customers
Offline and Online Business Models
Detailed Analysis on Thailand Used Tractor Market (Market Size, 2021; Market Structure; Market Segmentation; Competition; Future Market Size, 2027; Future Trends and the Way Forward)
Snapshot on Online Used Tractor Platforms in Thailand
Snapshot of Used Tractor Auction House in Thailand
Snapshot of Finance Market in Thailand
Business Opportunity (Customer Profile Analysis)
Recommendations (Sales and Marketing Strategies, Positioning Strategies, Business Framework)
Please Note:It will take 5-7 business days to complete the report upon order confirmation.
Table of Contents
89 Pages
- 1. Executive Summary
- How is Used Tractor Market Positioned in Thailand?
- 2. Country Overview of Used Tractor Market
- 2.1 Overview of Thailand Used Tractor Market
- 2.2 Key Demographic Indicators of Thailand
- 3. Market Overview of Used Tractor Market in Thailand
- 3.1 Overview and Genesis of Used Tractor Market in Thailand
- 3.2 Thailand Agricultural Market Overview
- 3.3 Thailand Automotive Market Overview
- 3.4 Ecosystems of Major Entities in Used Tractor Market
- 3.5 Value Chain Analysis
- 3.6 Market Size of Used Tractor Market in Thailand, FY’17-FY’21
- 4. Market Segmentation of Used Tractor Market in Thailand
- 4.1 Market Segmentation by Power, 2021
- 4.2 Market Segmentation by Purpose, 2021
- 4.3 Market Segmentation by Region, 2021
- 4.4 Market Segmentation by Sale/ Distribution Channel, 2021
- 4.5 Market Segmentation by Use (Hours Used), 2021
- 4.6 Market Segmentation by Price, 2021
- 5. Industry Analysis
- 5.1 Trends in Thailand Used Tractor Market
- 5.2 Issues and Challenges in the Used Tractor Market
- 5.3 SWOT Analysis of Thailand Used Tractor Market
- 5.4 Porter’s Five Forces Analysis of Used Tractor Market
- 5.5 Buying Criteria of the Customers
- 5.6 Selling Criteria Used by the Players
- 5.7 Findings on Consumer Analysis
- 5.8 Government Regulations
- 5.9 Growth Drivers of the Used Tractor Market
- 6. Competitive Analysis
- 6.1 Competitive Analysis for OEM tractor companies
- 6.2 Competitive Analysis of marketplace/ classifieds
- 6.3 Competitive Analysis of Finance companies
- 6.4 Competitive Analysis of local dealer and seller
- 6.5 Market share of major Used Tractor Companies, FY 2021
- 7. Snapshot on Thailand Used Tractor Market
- 7.1 Snapshot on E- Tak
- 7.2 Snapshot on Farmers’ Education
- 7.3 Snapshot on Other Agricultural Vehicles
- 7.4 Snapshot on Climate Change
- 7.5 Snapshot on Electric Tractor
- 7.6 Snapshot on Usage of Tractor
- 8. Future Outlook and Projections, 2022- 2027F
- 8.1 Thailand Used Tractor Market Size future forecast(2022-2027F)
- 8.2 Future Market Segmentation, 2027F
- 8.3 Upcoming Socio-Demographic Changes
- 8.4 GPS Enabled Tractors
- 8.5 Features of driverless tractors
- 9. Analyst Recommendations
- 9.1Analyst Recommendations- Changes in the sector
- 9.2 Analyst Recommendations- Analysis of Services
- 9.3 On-Demand Tractor Services
- 10. Research Methodology
- 10.1 Market Sizing Approach
- 10.2 Consolidated Research Approach
- 10.3 Sample Size Inclusion
- Disclaimer
- Contact Us
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