India Wheeled Tractor Machinery Market - By Type and Application -Market Shares, Forecasts and Trends 2017 - 2022

  • ID: 4384998
  • Report
  • Region: India
  • 76 pages
  • Mordor Intelligence
1 of 3
Tractor is a farm automobile that provides the power and traction to automate agricultural jobs, especially tillage. However, the tractor is used in varied tasks even outside agriculture. Agricultural implements are towed behind a tractor, which provides source of power for the mechanization of implements. Agricultural usage of tractor is the largest segment in the agricultural machinery sector. Ease of working and improvement in efficiency is one of the reasons why tractors are popularly employed by farmers. Besides, demand from emerging economies and high level of government support in these regions is fueling growth of the industry. This segment is currently worth USD X.X billion and is expected to grow at a CAGR of 7% annually from 2015 to 2020.

The driven forces of the market are increasing population, growing demand for food, necessity to increase yields and increase in productivity. Future of tractor machinery market appears optimistic. Government provides subsidies to the farmers for mechanization of agriculture and this is expected to provide a steady growth in future. Low purchasing power appears to be a hindrance to the otherwise lucrative market. Major companies operating in the segment are Deere and Company, CNH North America NV, AGCO tractor, Massey Ferguson, Mahindra & Mahindra, TAFE, Escorts, etc.
Note: Product cover images may vary from those shown
2 of 3
1.1 Research Methodology
1.2 Definition of the Market
1.3 Assumptions
3.1 Introduction
3.2 Drivers
3.2.1 Government subsidies for Farm Mechanization
3.2.2 Growth in adoption
3.3 Constraints
3.3.1 Low purchasing power and high cost
3.3.2 Growing urbanization and decreasing farmland
3.4 Opportunities
3.4.1 Shorter replacement cycle of the tractor boost the sales volume
3.4.2 Higher tractor penetration
3.4.3 Use of tractors for non-agriculture purpose
3.5 Porter's Five Forces Analysis
3.5.1 Bargaining Power of Suppliers
3.5.2 Bargaining Power of Buyers
3.5.3 Threat of New Entrants
3.5.4 Threat of Substitute Products and Services
3.5.5 Degree of Competition
4.1 Wheeled Tractor
4.1.1 Utility Tractors
4.1.2 Row crop tractors
4.1.3 Orchard type tractor
4.1.4 Industrial Tractor
4.1.5 Garden Tractor
4.1.6 Rotary tillers
4.1.7 Implement Carrier
4.1.8 Earth Moving Tractor
5. Competitive Landscape
5.1 Mergers & Acquisitions
5.2 Joint Ventures
5.3 New Product Launches
5.4 Most active companies in the past five years
5.5 Market Share Analysis
6. Company Profiles
6.1 Deere and Company
6.2 CNH Global NV
6.3 Mahindra & Mahindra Ltd.
6.4 AGCO tractor
6.5 Farmtrac Tractor Europe
6.6 Kubota Tractor Corp
6.7 McCormick Tractors
6.8 Case IH
6.9 Deutz-Fahr
6.10 Claas Tractor
6.11 Kioti Tractor
6.12 Belarus Tractor
6.13 Massey Ferguson Tractor
6.14 Caterpillar Inc.
6.15 SAME Deutz-Fahr
6.16 Fendt
6.17 Escorts
6.18 Valtra
6.19 Daedong-USA, Inc.
7. Appendix
7.1 Sources
7.2 Disclaimer
Note: Product cover images may vary from those shown
3 of 3


4 of 3
Note: Product cover images may vary from those shown