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Crawler Tractors Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 120 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5713538
Description Jump to:

Increasing demand for high capacity equipment and machinery in agriculture and construction industry is fueling the growth of the crawler tractors market

Globally, the crawler tractors market is expected to grow with a CAGR of more than 7% during the forecast period from 2022 to 2030, starting from US$ 2.10 Bn in 2020. Globally, infrastructure development is at rise. This has generated demand for robust and sturdy machinery that would help conduct the activities at ease. Numerous government initiatives with an aim of upgrading the existing infrastructures generating a high demand for advanced machines in the construction sector. To conduct heavy ripping work, moving material or fine-grading, crawler tractors are perfect alternative. Moreover, growing installation maintenance activities for the upgrade of infrastructure coupled with road construction activities are driving the need for these machines across several regions. Thus, rise in infrastructure projects and growing urbanization is expected to create positive impact on crawler tractors market. In addition to this, developments in the agricultural sector are also considered one of the primary factors contributing to the growth of this market. Advancements in the mechanical engineering industry is enabling the major players to modify the existing machinery in a way to make them even more progressive. Thus, product development and launches in this field is creating a competitive atmosphere and thus, driving market growth across various geographies. However, high cost associated with these machines, lack of skilled labor to use these big and bulky machines are likely to restrain the market growth during the forecast period.

High HP segment is expected to Continue Dominating the Market

By type, the crawler tractors market is segmented into high-horsepower and low horsepower tractors. High horsepower segment dominated the market by holding maximum market share on global level. Horsepower is the unit that defines the capacity of the tractor, and to achieve desirable results, high horsepower is the most adopted types of machine. Based on the working of crawler tractors, they require high capacity and longer working radius which is achieved by high HP machines, thus are used on a higher level. Based on the inputs of manufacturers, the sales of high HP crawler tractors are skyrocketing and thus contributing to the higher market size. This segment is also expected to grow at a higher CAGR and dominate the market during the forecast period.

Asia Pacific to Register the Fastest Growth

North America dominated the crawler tractors market. In 2020, the regional market accounted for maximum market share of the total revenue generated worldwide. Increasing adoption of advanced technologies to make human work easy is the major factor attributed to this high market size. Though this region is dominating the market, the growth in this region is projected to be steady. Most of the European countries and Asia-Pacific region is expected to witness a rapid growth in the global crawler tractors market.

Growing infrastructure activities emerging countries like India and China have led to several manufacturers to expand their presence in these country to increase their global footprint. Moreover, as most of the Asian countries are agriculture-driven, rapidly growing need for advanced equipment in the agriculture industry in this region is also increasing demand for these machines, thereby supporting the crawler tractors market growth.

Some of the prominent players operating in the Crawler Tractors Market include Liebherr Group, John Deere, Brandt, Caterpillar Inc., DEUTZ-FAHR, New Holland, Kubota, Case IH, CLAAS, AGCO Corporation, Shandong Rich Agriculture Machinery, ShanTui, among others.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Crawler Tractors market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Crawler Tractors market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Low HP
  • High HP

Application

  • Agriculture
  • Construction
  • Forest
  • Other

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Crawler Tractors market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Crawler Tractors market?
  • Which is the largest regional market for Crawler Tractors market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East Africa?
  • Which are the key trends driving Crawler Tractors market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Crawler Tractors market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Crawler Tractors Market
2.2. Global Crawler Tractors Market, By Type, 2021 (US$ Million)
2.3. Global Crawler Tractors Market, By Application, 2021 (US$ Million)
2.4. Global Crawler Tractors Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Crawler Tractors Market: Competitive Analysis
3.1. Market Positioning of Key Crawler Tractors Market Vendors
3.2. Strategies Adopted by Crawler Tractors Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Crawler Tractors Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Crawler Tractors Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Low HP
5.3.2. High HP

6. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Agriculture
6.3.2. Construction
6.3.3. Forest
6.3.4. Other

7. North America Crawler Tractors Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
7.3. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
7.4.Crawler Tractors Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)

8. UK and European Union Crawler Tractors Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.3. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.Crawler Tractors Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)

9. Asia Pacific Crawler Tractors Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.3. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.Crawler Tractors Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)

10. Latin America Crawler Tractors Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
10.3. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
10.4.Crawler Tractors Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)

11. Middle East and Africa Crawler Tractors Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
11.3. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
11.4.Crawler Tractors Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Crawler Tractors Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. Crawler Tractors Market: By Application, 2020-2030, USD (Million)

12. Company Profile
12.1. Liebherr Group
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Caterpillar Inc.
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. John Deere
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Brandt
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. DEUTZ-FAHR
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. New Holland
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Case IH
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Kubota
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Shandong Rich Agriculture Machinery
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. AGCO Corporation
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. CLAAS
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives

List of Figures
Figure 1 Global Crawler Tractors Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Crawler Tractors Market: Quality Assurance
Figure 5 Global Crawler Tractors Market, By Type, 2021
Figure 6 Global Crawler Tractors Market, By Application, 2021
Figure 7 Global Crawler Tractors Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Crawler Tractors Market, 2021
Figure 9 Market Positioning of Key Crawler Tractors Market Players, 2021
Figure 10 Global Crawler Tractors Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Crawler Tractors Market, By Type, 2021 Vs 2030, %
Figure 12 Global Crawler Tractors Market, By Application, 2021 Vs 2030, %
Figure 13 U.S. Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 14 Canada Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 16 UK Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 17 Germany Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 18 Spain Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 19 Italy Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 20 France Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 22 China Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 23 Japan Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 24 India Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 25 Australia Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 26 South Korea Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 28 Brazil Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 29 Mexico Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 31 GCC Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 32 Africa Crawler Tractors Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Crawler Tractors Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 2 Global Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 3 North America Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 4 North America Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 5 U.S. Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 6 U.S. Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 7 Canada Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 8 Canada Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 9 Rest of North America Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 11 UK and European Union Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 13 UK Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 14 UK Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 15 Germany Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 16 Germany Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 17 Spain Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 18 Spain Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 19 Italy Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 20 Italy Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 21 France Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 22 France Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 23 Rest of Europe Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 25 Asia Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 26 Asia Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 27 China Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 28 China Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 29 Japan Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 30 Japan Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 31 India Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 32 India Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 33 Australia Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 34 Australia Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 35 South Korea Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 36 South Korea Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 37 Latin America Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 38 Latin America Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 39 Brazil Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 40 Brazil Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 41 Mexico Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 42 Mexico Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 43 Rest of Latin America Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 45 Middle East and Africa Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 47 GCC Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 48 GCC Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 49 Africa Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 50 Africa Crawler Tractors Market By Application, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Crawler Tractors Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Crawler Tractors Market By Application, 2020-2030, USD (Million)

Companies Mentioned

  • Liebherr Group
  • John Deere
  • Brandt
  • Caterpillar Inc.
  • DEUTZ-FAHR
  • New Holland
  • Kubota
  • Case IH
  • CLAAS
  • AGCO Corporation
  • Shandong Rich Agriculture Machinery
  • ShanTu.

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