Brazilian Agricultural Tractor Aftermarket Growth Opportunities

Industry Convergence and Innovative Business Models will Drive Aftermarket Growth and Empower Local Suppliers

This research analyzes the Brazilian agricultural tractor aftermarket. It examines market service and maintenance trends, evaluating market demand for select aftermarket components. Year-round harvests, an aging fleet, and high fleet utilization are driving year-on-year agricultural tractor growth in Brazil. Agriculture original equipment manufacturers (OEMs) across the globe are therefore keen to invest in the country. This interest is being further fueled by the tax incentives introduced by Brazil's government to encourage investments from international players and promote sustainable practices.

This study examines current market scenarios and offers forecasts on anticipated market growth and trends. It analyzes the factors driving and restraining the growth of the Brazilian agricultural tractor aftermarket and identifies the opportunities emerging from the changes in this space for market players and stakeholders to leverage.