North America Wheeled Tractor Machinery Market - By Type, Application and Geography-Market Shares, Forecasts and Trends 2017 - 2022

  • ID: 4385006
  • Report
  • Region: America, North America, United States
  • 115 pages
  • Mordor Intelligence
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The North American Wheeled Tractor Machinery Market has been estimated at USD XX.X billion in 2015 and is expected to reach USD xx.x billion by 2020, at a CAGR of 5.8% during forecast period from 2015 to 2020. 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 then provides source of power for the mechanization of implements. Agricultural usage of tractor is the largest segment in the agricultural machinery sector. Improvement in efficiency is one of the reasons why tractors are popularly employed by farmers.

Driving forces of the market are the increasing population, growing demand for agricultural products, which fuel the need to increase in yield and increase productivity. Prospect of tractor machinery market appears positive. Opportunities lie in higher market penetration in the developing nations like Mexico where machinery use in agriculture is growing. Low purchasing power in developing regions like Mexico 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, etc. Higher technological developments and penetration in growing markets like Mexico offer potential opportunities in this market.
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1. INTRODUCTION
1.1 Research Methodology
1.2 Definition of the Market
1.3 Assumptions
2. KEY FINDINGS OF THE STUDY
3. MARKET DYNAMICS
3.1 Introduction
3.2 Drivers
3.2.1 High Adaption Latest Farm Techniques in US and Canada
3.2.2 Technological Advancements
3.3 Constraints
3.3.1 Decreasing farmland
3.4 Opportunities
3.4.1 Shorter replacement cycle of the tractor boost the sales volume
3.4.2 Higher tractor penetration in the developing countries
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. MARKET SEGMENTATION
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
4.2 By Geography
4.2.1 North America
4.2.1.1 U.S.
4.2.1.2 Canada
4.2.1.3 Mexico
4.2.1.4 Others
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
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