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United States Wheeled Tractor Machinery Market (2017 - 2022)

United States Wheeled Tractor Machinery Market (2017 - 2022)

The US wheeled tractor machinery market is currently worth USD X.X billion and is expected to grow at a CAGR of 7.1% from 2016 to 2021. The row crop tractor is the commonly used wheel tractor for crop cultivation. These tractors are provided with replaceable driving wheels of varying tread widths. The vehicle has a high ground clearance to prevent any damage to crops. Agricultural gear is towed behind a tractor that usually provides a source of power for the automation of gear. Agricultural usage of tractors is the largest segment in the agricultural machinery sector. Improvement in efficiency and ease of work are the main reasons why tractors are popularly employed by farmers. Wheeled tractors usually have 3 to 4 pneumatic wheels

Market Dynamics

The market is driven by the increasing population, growing demand for sustainable agriculture, and the necessity to increase productivity. Farmers in the US are increasingly taking all measures to carry out sustainable farming by using eco-friendly and efficient agricultural equipment to reduce the impact of agricultural pollutants on the flora and fauna and water quality. Adoption of precision farming methodologies, with the reduction of fuel use, can significantly help reduce the emission of greenhouse gases. Improvement in technology appears to boost the development of tractors in agricultural use.However, the availability of labor has been an issue since employment of labor has become expensive and there is a dearth of localized labor supply owing to an aging agricultural workforce along with the shifting of focus among people toward other manufacturing and industrial jobs. The prospect of wheeled tractor machinery market looks positive. Majority of the farmers already use farm equipment.

Market Segmentation

The market has been segmented based on the wheel tractor type and by geography.

Segmentation by Wheel Tractor Type:

Utility tractors

Row crop tractors

Orchard type tractor

Industrial tractor

Garden tractor

Rotary tillers

Implement carrier

Earth moving tractor

The major companies in the wheeled tractor machinery market are:

AGCO Tractor

Case IH

CNH Global NV

Deere and Company

Farmtrac Tractor Europe

Kubota Tractor Corp

Mahindra & Mahindra Ltd.

McCormick Tractors

1.1 Study Deliverables
1.2 Key Findings of the Study
2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Study Phase
2.4 Econometric Modelling
3. Executive Summary
4. Market Overview and Technology Trends
4.1 Current Market Scenario
4.2 Technology Trends
5. Market Dynamics
5.1 Drivers
5.2 Restraints
5.3 Opportunities
5.4 Value & Supply Chain Analysis
5.5 Porter's Five Forces Framework
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Consumers
5.5.3 Threat of New Entrants
5.5.4 Threat of Substitute Products and Services
5.5.5 Competitive Rivalry within the industry
6. US Wheeled Tractor Machinery Market Segmentation by Type
6.1 Wheeled Tractor
6.1.1 Utility Tractors
6.1.2 Row crop tractors
6.1.3 Orchard type tractor
6.1.4 Industrial Tractor
6.1.5 Garden Tractor
6.1.6 Rotary tillers
6.1.7 Implement Carrier
6.1.8 Earth Moving Tractor
7. Competitive Landscape
7.1 Introduction
7.2 Market Share Analysis
7.3 Latest Products & Developments of Key Players
8. Company Profiles
8.1 Deere and Company
8.2 CNH Global NV
8.3 Mahindra & Mahindra Ltd.
8.4 AGCO tractor
8.5 Farmtrac Tractor Europe
8.6 Kubota Tractor Corp
8.7 McCormick Tractors
8.8 Case IH
8.9 Deutz-Fahr
8.10 Claas Tractor
8.11 Kioti Tractor
8.12 Belarus Tractor
8.13 Massey Ferguson Tractor
8.14 Caterpillar Inc.
8.15 SAME Deutz-Fahr
8.16 Fendt
8.17 Escorts
8.18 Valtra
8.19 Daedong-USA, Inc.
9. Future Outlook of the Market
10. Disclaimer

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