AGRICULTURAL TRACTORS Market Size Worth Around USD 100 Bn by 2027

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 The global agricultural tractors market size is expected to exceed US$ 100 Bn by 2027, expanding at a CAGR of more than 4.2% during the forecast period 2020 to 2027.

The agricultural tractor is a key part of modern-day farming. Among all machinery utilized in farming, the tractor is mostly used to carry out various agriculture applications such as harvesting, seed sowing, and irrigation. Tractors are basically employed for two major applications: agriculture and construction; however, the agriculture sector witnesses significant usage of tractors.

Rise in population, water shortage, insufficient arable land, and deprivation of land fertility are key factors that are fueling the demand for food among consumers. The agriculture sector is prone to various issues regarding the production of food in comparison to fulfilling the demand from consumers. A majority of agriculture land around urban and rural areas is employed for commercial usage owing to industrialization. This is primarily due to the migration of the population from rural areas toward urban areas. Increase in wages in urban areas, improved standard of living in urban areas compared to rural areas, and restricted accessibility to labor are key factors that fuel the migration of the population, leading to a shortage of labor for agriculture applications. The trend of mechanization and automation is rising in order to expand the effectiveness and efficiency of farmlands and to overcome shortage of labor. The demand for agricultural tractors is rising at a rapid pace owing to improved and advanced automation in the agriculture sector. Increase in demand for equipment that is utilized in farming applications is due to the expansion of the agriculture industry. This, in turn, is anticipated to boost the demand for agricultural tractor during the forecast period. Increase in demand for automated agriculture equipment in several countries, such as India and countries in ASEAN is propelling the market for agricultural tractors.

Rise in global population has propelled the demand for agricultural goods that are utilized as daily needs by people. Increase in inclination among consumers for small-scale tractors (generally less power output tractors) and rise in penetration of self-directing (driver-less) tractors are major factors that are likely to boost the sales of agriculture tractors, worldwide, during the forecast period. Furthermore, easy availability of finance, increase in labor cost, and rise in investments by leading agriculture machinery manufacturers, such as John Deere, Mahindra & Mahindra, Tractors & Farm Equipment Limited, in their tractor product lines is expected to positively influence the global tractor market in the near future.

Countries in Europe and North America prefer to adopt the most efficient system available. They are likely to have more than 75% of four-wheel drive (4WD) tractors by the end of 2020.

In terms of geography, the global agricultural tractors market has been segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific held a major share of the global market in 2017. Higher demand for agricultural tractors from farmers and large number of production of tractors in countries such as China and India are likely to boost the market in Asia Pacific during the forecast period. The market in Europe is not as prominent as other regions despite having larger demand for food products among consumers in the region. This is because most countries in Europe depend on the industrial sector and the region has less land for farming. Furthermore, shortage of labor for farm applications drives automation in the farm industry in Europe, which in turn is likely to boost the market for agricultural tractors in the region.

All applications in agriculture, such as harvesting, sowing, and irrigation, are carried out by tractors presently; however, the amount of applications varies according to the work to be done in the field and wages required if it is to be done manually. Almost all applications held approximately equal share of the market; however, the market share held by seed sowing and irrigation segments is increasing. Therefore, both segments are likely to expand at a significant pace during the forecast period.

The agricultural tractors market witnesses the presence of key players, as design, fabrication, manufacturing, and assembling of the components of agricultural tractors requires high investment, more production land, skilled labor, large number of employees, considerable precision. Moreover, it is a complicated and extremely expensive affair.

Major players operating in the global agricultural tractors market include CNH Industrial N.V., AGCO Corporation, Deere & Company, CLAAS KGaA GmbH, Mahindra & Mahindra India Limited, Kubota Corporation, Escorts Limited, Caterpillar, Inc., J.C. Bamford Excavators Limited (JCB), Yanmar Co., Ltd., Tractors and Farm Equipment Limited (TAFE), and SDF Group. Major market players are focusing more on mergers and acquisitions, production plant expansions, and joint ventures with regional players who manufacture the component required for tractors in order to consolidate their position in the global agricultural tractors market.

Segmentation

Global Agricultural Tractors Market, by Power Output

• Below 30 HP
• 30 HP - 100 HP
• 101 HP - 200 HP
• More Than 200 HP

Global Agricultural Tractors Market, by Drive Type

• Two-wheel Drive (2WD)
• Four-wheel Drive (4WD)

Global Agricultural Tractors Market, by Operation

• Manual Tractors
• Autonomous Tractors

Global Agricultural Tractors Market, by Agriculture Application

• Harvesting
• Seed Sowing
• Irrigation
• Others

Global Agricultural Tractors Market, by Region

• North America
  • U. S.
  • Canada

• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America

• Europe
  • Germany
  • U. K.
  • France
  • Italy
  • Spain
  • Rest of Europe

• Asia Pacific
  • China
  • India
  • Japan
  • ASEAN
  • Rest of Asia Pacific

• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

Overview

The global agricultural tractors market has been forecasted for the period from 2018 to 2026 based on revenue (US$ Mn) and volume (thousand units). This report provides forecast and analysis of the global agricultural tractors market at regional and global levels. The study highlights the drivers and restraints influencing the market. The report also highlights the opportunities in the global agricultural tractors market and underlines the technological roadmap for understanding the market.

The report contains value chain analysis, which provides a comprehensive view of the global agricultural tractors market. The Porter’s Five Forces analysis of the agricultural tractors market has also been included that helps understand the competitive scenario of the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and attractiveness.

The study provides a decisive view of the market by segmenting it in terms of drive type, power output, operation, agriculture application, and region. These segments have been analyzed based on present and future trends. Regional segmentation comprises current scenario along with forecast of the agricultural tractors market. The forecast provided is based on the compilation of current trends as well as the expected scenario in future due to change in technological, geographical, political, regulatory, and economic factors such as the rapid expansion of machines and autonomous systems market. Demand for autonomous and fuel-efficient tractors among consumers and government regulations have been considered while sizing the market.

The study includes profiles of major companies operating in the global agricultural tractors market. The major share of the market is held by a few key players, and the rest is fragmented among medium-scale manufacturers. Major players operating in the global agricultural tractors market include CNH Industrial N.V., AGCO Corporation, Deere & Company, CLAAS KGaA GmbH, Mahindra & Mahindra Limited, Kubota Corporation, Escorts Limited, Caterpillar, Inc., J.C. Bamford Excavators Limited (JCB), Yanmar Co., Ltd., Tractors and Farm Equipment Limited (TAFE), and SDF Group. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, and recent developments. The global agricultural tractors market is primarily driven by surge in demand for food products due to rise in population in most regions across the globe. Furthermore, development of new equipment for the agriculture sector is another major factor propelling the global agricultural tractors market, as it enhances the production efficiency of farms due to high precision and accuracy.

In-depth interviews and discussions were conducted with several key industry participants and opinion from leaders to compile the research report. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. Key players’ product literature, annual reports, press releases, and relevant documents were reviewed for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be highly reliable, effective, and successful approach for obtaining precise market data, capturing industry participants’ insights, and recognizing business opportunities.

Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, and webcasts specific to companies operating in the market, Food and Agriculture Organization (FAO), Automotive Research Association of India, Factiva, etc.

Primary research involves e-mail interactions and telephonic interviews for each market, category, segment, and sub-segment across regions. Primary interviews are conducted on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team’s expertise and market understanding.

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Table Of Contents 

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations Used
2.3. Research Methodology

3. Executive Summary
3.1. Global Agricultural Tractors Market Value (US$ Mn) and Volume (Thousand Units), by Region

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.3. Drivers and Restraints Snapshot Analysis
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Porter’s Five Forces Analysis
4.5. Value Chain Analysis
4.6. SWOT Analysis

5. Agricultural Tractors Market Analysis and Forecast
5.1. Global Agricultural Tractors Market Size & Y-o-Y Growth Analysis
5.1.1. North America
5.1.2. Latin America
5.1.3. Europe
5.1.4. Asia Pacific
5.1.5. Middle East & Africa
5.2. Global Agricultural Tractors Market Analysis & Forecast, by Drive Type
5.2.1. Key Findings
5.2.2. Introduction and Definition
5.2.3. Global Agricultural Tractors Market Analysis, by Drive Type
5.2.4. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Drive Type
5.2.5. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Drive Type
5.3. Agricultural Tractors Market Analysis & Forecast, by Power Output
5.3.1. Key Findings
5.3.2. Introduction and Definition
5.3.3. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Power Output of Two-wheel Drive (2WD)
5.3.4. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Power Output of Two-wheel Drive (2WD)
5.3.5. Global Agricultural Tractors Market Analysis, by Power Output
5.3.6. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Power Output of Four-wheel Drive (4WD)
5.3.7. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Power Output of Four-wheel Drive (4WD)
5.3.8. Four-wheel Drive (4WD) Market Analysis, by Power Output
5.4. Global Agricultural Tractors Market Analysis & Forecast, by Agriculture Application
5.4.1. Introduction
5.4.2. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Agriculture Application
5.4.3. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Agriculture Application
5.4.4. Global Agricultural Tractors Market Value Share Analysis, by Agriculture Application
5.5. Global Agricultural Tractors Market Analysis & Forecast, by Operation
5.5.1. Introduction
5.5.2. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Operation
5.5.3. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Operation
5.5.4. Global Agricultural Tractors Market Value Share Analysis, by Operation
5.6. Global Agricultural Tractors Market Analysis & Forecast, by Region
5.6.1. Global Agricultural Tractors Market Volume (Thousand Units) Forecast, by Region
5.6.2. Global Agricultural Tractors Market Value (US$ Mn) Forecast, by Region
5.6.3. Global Agricultural Tractors Market Value Share Analysis, by Region

6. North America Agricultural Tractors Market Analysis
6.1. Key Findings
6.2. North America Agricultural Tractors Market Overview
6.3. North America Agricultural Tractors Market Value Share Analysis, by Drive Type
6.4. North America Agricultural Tractors Market Forecast, by Drive Type, 2020-2027
6.4.1. Two-wheel Drive (2WD)
6.4.2. Four-wheel Drive (4WD)
6.5. North America Agricultural Tractors Market Value Share Analysis, by Power Output
6.6. North America Agricultural Tractors Market Forecast, by Power Output, 2020-2027
6.6.1. Below 30 HP
6.6.2. 31 HP to 100 HP
6.6.3. 101 HP to 200 HP
6.6.4. More than 200 HP
6.7. North America Agricultural Tractors Market Value Share Analysis, by Agriculture Application
6.8. North America Agricultural Tractors Market Forecast, by Agriculture Application
6.8.1. Harvesting
6.8.2. Seed Sowing
6.8.3. Irrigation
6.8.4. Others
6.9. North America Agricultural Tractors Market Value Share Analysis, by Operation
6.10. North America Agricultural Tractors Market Forecast, by Operation
6.10.1. Manual Tractors
6.10.2. Autonomous Tractors
6.11. North America Agricultural Tractors Market Forecast, by Country
6.11.1. U.S.
6.11.2. Canada
6.12. U.S. Agricultural Tractors Market Forecast, by Drive Type
6.12.1. Two-wheel Drive (2WD)
6.12.2. Four-wheel Drive (4WD)
6.13. U.S. Agricultural Tractors Market Forecast, by Power Output
6.13.1. Below 30 HP
6.13.2. 31 HP to 100 HP
6.13.3. 101 HP to 200 HP
6.13.4. More than 200 HP
6.14. U.S. Agricultural Tractors Market Forecast, by Agriculture Application
6.14.1. Harvesting
6.14.2. Seed Sowing
6.14.3. Irrigation
6.14.4. Others
6.15. U.S. Agricultural Tractors Market Forecast, by Operation
6.15.1. Manual Tractors
6.15.2. Autonomous Tractors
6.16. Canada Agricultural Tractors Market Forecast, by Drive Type
6.16.1. Two-wheel Drive (2WD)
6.16.2. Four-wheel Drive (4WD)
6.17. Canada Agricultural Tractors Market Forecast, by Power Output
6.17.1. Below 30 HP
6.17.2. 31 HP to 100 HP
6.17.3. 101 HP to 200 HP
6.17.4. More than 200 HP
6.18. Canada Agricultural Tractors Market Forecast, by Agriculture Application
6.18.1. Harvesting
6.18.2. Seed Sowing
6.18.3. Irrigation
6.18.4. Others
6.19. Canada Agricultural Tractors Market Forecast, by Operation
6.19.1. Manual Tractors
6.19.2. Autonomous Tractors
6.20. North America PEST Analysis

7. Latin America Agricultural Tractors Market Analysis
7.1. Key Findings
7.2. Latin America Agricultural Tractors Market Overview
7.3. Latin America Agricultural Tractors Market Value Share Analysis, by Drive Type
7.4. Latin America Agricultural Tractors Market Forecast, by Drive Type, 2020-2027
7.4.1. Two-wheel Drive (2WD)
7.4.2. Four-wheel Drive (4WD)
7.5. Latin America Agricultural Tractors Market Value Share Analysis, by Power Output
7.6. Latin America Agricultural Tractors Market Forecast, by Power Output, 2020-2027
7.6.1. Below 30 HP
7.6.2. 31 HP to 100 HP
7.6.3. 101 HP to 200 HP
7.6.4. More than 200 HP
7.7. Latin America Agricultural Tractors Market Value Share Analysis, by Agriculture Application
7.8. Latin America Agricultural Tractors Market Forecast, by Agriculture Application
7.8.1. Harvesting
7.8.2. Seed Sowing
7.8.3. Irrigation
7.8.4. Others
7.9. Latin America Agricultural Tractors Market Value Share Analysis, by Operation
7.10. Latin America Agricultural Tractors Market Forecast, by Operation
7.10.1. Manual Tractors
7.10.2. Autonomous Tractors
7.11. Latin America Agricultural Tractors Market Value Share Analysis, by Country and Sub-region
7.11.1. Brazil
7.11.2. Mexico
7.11.3. Rest of Latin America
7.12. Brazil Agricultural Tractors Market Forecast, by Drive Type
7.12.1. Two-wheel Drive (2WD)
7.12.2. Four-wheel Drive (4WD)
7.13. Brazil Agricultural Tractors Market Forecast, by Power Output
7.13.1. Below 30 HP
7.13.2. 31 HP to 100 HP
7.13.3. 101 HP to 200 HP
7.13.4. More than 200 HP
7.14. Brazil Agricultural Tractors Market Forecast, by Agriculture Application
7.14.1. Harvesting
7.14.2. Seed Sowing
7.14.3. Irrigation
7.14.4. Others
7.15. Brazil Agricultural Tractors Market Forecast, by Operation
7.15.1. Manual Tractors
7.15.2. Autonomous Tractors
7.16. Mexico Agricultural Tractors Market Forecast, by Drive Type
7.16.1. Two-wheel Drive (2WD)
7.16.2. Four-wheel Drive (4WD)
7.17. Mexico Agricultural Tractors Market Forecast, by Power Output
7.17.1. Below 30 HP
7.17.2. 31 HP to 100 HP
7.17.3. 101 HP to 200 HP
7.17.4. More than 200 HP
7.18. Mexico Agricultural Tractors Market Forecast, by Agriculture Application
7.18.1. Harvesting
7.18.2. Seed Sowing
7.18.3. Irrigation
7.18.4. Others
7.19. Mexico Agricultural Tractors Market Forecast, by Operation
7.19.1. Manual Tractors
7.19.2. Autonomous Tractors
7.20. Rest of Latin America Agricultural Tractors Market Forecast, by Drive Type
7.20.1. Two-wheel Drive (2WD)
7.20.2. Four-wheel Drive (4WD)
7.21. Rest of Latin America Agricultural Tractors Market Forecast, by Power Output
7.21.1. Below 30 HP
7.21.2. 31 HP to 100 HP
7.21.3. 101 HP to 200 HP
7.21.4. More than 200 HP
7.22. Rest of Latin America Agricultural Tractors Market Forecast, by Agriculture Application
7.22.1. Harvesting
7.22.2. Seed Sowing
7.22.3. Irrigation
7.22.4. Others
7.23. Rest of Latin America Agricultural Tractors Market Forecast, by Operation
7.23.1. Manual Tractors
7.23.2. Autonomous Tractors
7.24. Latin America PEST Analysis

8. Europe Agricultural Tractors Market Analysis
8.1. Key Findings
8.2. Europe Agricultural Tractors Market Overview
8.3. Europe Agricultural Tractors Market Value Share Analysis, by Drive Type
8.4. Europe Agricultural Tractors Market Forecast, by Drive Type, 2020-2027
8.4.1. Two-wheel Drive (2WD)
8.4.2. Four-wheel Drive (4WD)
8.5. Europe Agricultural Tractors Market Value Share Analysis, by Power Output
8.6. Europe Agricultural Tractors Market Forecast, by Power Output, 2020-2027
8.6.1. Below 30 HP
8.6.2. 31 HP to 100 HP
8.6.3. 101 HP to 200 HP
8.6.4. More than 200 HP
8.7. Europe Agricultural Tractors Market Value Share Analysis, by Agriculture Application
8.8. Europe Agricultural Tractors Market Forecast, by Agriculture Application
8.8.1. Harvesting
8.8.2. Seed Sowing
8.8.3. Irrigation
8.8.4. Others
8.9. Europe Agricultural Tractors Market Value Share Analysis, by Operation
8.10. Europe Agricultural Tractors Market Forecast, by Operation
8.10.1. Manual Tractors
8.10.2. Autonomous Tractors
8.11. Europe Agricultural Tractors Market Value Share Analysis, by Country and Sub-region
8.11.1. Germany
8.11.2. U.K.
8.11.3. France
8.11.4. Italy
8.11.5. Spain
8.11.6. Rest of Europe
8.12. Germany Agricultural Tractors Market Forecast, by Drive Type
8.12.1. Two-wheel Drive (2WD)
8.12.2. Four-wheel Drive (4WD)
8.13. Germany Agricultural Tractors Market Forecast, by Power Output
8.13.1. Below 30 HP
8.13.2. 31 HP to 100 HP
8.13.3. 101 HP to 200 HP
8.13.4. More than 200 HP
8.14. Germany Agricultural Tractors Market Forecast, by Agriculture Application
8.14.1. Harvesting
8.14.2. Seed Sowing
8.14.3. Irrigation
8.14.4. Others
8.15. Germany Agricultural Tractors Market Forecast, by Operation
8.15.1. Manual Tractors
8.15.2. Autonomous Tractors
8.16. U.K. Agricultural Tractors Market Forecast, by Drive Type
8.16.1. Two-wheel Drive (2WD)
8.16.2. Four-wheel Drive (4WD)
8.17. U.K. Agricultural Tractors Market Forecast, by Power Output
8.17.1. Below 30 HP
8.17.2. 31 HP to 100 HP
8.17.3. 101 HP to 200 HP
8.17.4. More than 200 HP
8.18. U.K. Agricultural Tractors Market Forecast, by Agriculture Application
8.18.1. Harvesting
8.18.2. Seed Sowing
8.18.3. Irrigation
8.18.4. Others
8.19. U.K. Agricultural Tractors Market Forecast, by Operation
8.19.1. Manual Tractors
8.19.2. Autonomous Tractors
8.20. France Agricultural Tractors Market Forecast, by Drive Type
8.20.1. Two-wheel Drive (2WD)
8.20.2. Four-wheel Drive (4WD)
8.21. France Agricultural Tractors Market Forecast, by Power Output
8.21.1. Below 30 HP
8.21.2. 31 HP to 100 HP
8.21.3. 101 HP to 200 HP
8.21.4. More than 200 HP
8.22. France Agricultural Tractors Market Forecast, by Agriculture Application
8.22.1. Harvesting
8.22.2. Seed Sowing
8.22.3. Irrigation
8.22.4. Others
8.23. France Agricultural Tractors Market Forecast, by Operation
8.23.1. Manual Tractors
8.23.2. Autonomous Tractors
8.24. Italy Agricultural Tractors Market Forecast, by Drive Type
8.24.1. Two-wheel Drive (2WD)
8.24.2. Four-wheel Drive (4WD)
8.25. Italy Agricultural Tractors Market Forecast, by Power Output
8.25.1. Below 30 HP
8.25.2. 31 HP to 100 HP
8.25.3. 101 HP to 200 HP
8.25.4. More than 200 HP
8.26. Italy Agricultural Tractors Market Forecast, by Agriculture Application
8.26.1. Harvesting
8.26.2. Seed Sowing
8.26.3. Irrigation
8.26.4. Others
8.27. Italy Agricultural Tractors Market Forecast, by Operation
8.27.1. Manual Tractors
8.27.2. Autonomous Tractors
8.28. Spain Agricultural Tractors Market Forecast, by Drive Type
8.28.1. Two-wheel Drive (2WD)
8.28.2. Four-wheel Drive (4WD)
8.29. Spain Agricultural Tractors Market Forecast, by Power Output
8.29.1. Below 30 HP
8.29.2. 31 HP to 100 HP
8.29.3. 101 HP to 200 HP
8.29.4. More than 200 HP
8.30. Spain Agricultural Tractors Market Forecast, by Agriculture Application
8.30.1. Harvesting
8.30.2. Seed Sowing
8.30.3. Irrigation
8.30.4. Others
8.31. Spain Agricultural Tractors Market Forecast, by Operation
8.31.1. Manual Tractors
8.31.2. Autonomous Tractors
8.32. Rest of Europe Agricultural Tractors Market Forecast, by Drive Type
8.32.1. Two-wheel Drive (2WD)
8.32.2. Four-wheel Drive (4WD)
8.33. Rest of Europe Agricultural Tractors Market Forecast, by Power Output
8.33.1. Below 30 HP
8.33.2. 31 HP to 100 HP
8.33.3. 101 HP to 200 HP
8.33.4. More than 200 HP
8.34. Rest of Europe Agricultural Tractors Market Forecast, by Agriculture Application
8.34.1. Harvesting
8.34.2. Seed Sowing
8.34.3. Irrigation
8.34.4. Others
8.35. Rest of Europe Agricultural Tractors Market Forecast, by Operation
8.35.1. Manual Tractors
8.35.2. Autonomous Tractors
8.36. Europe PEST Analysis

9. Asia Pacific Agricultural Tractors Market Analysis
9.1. Key Findings
9.2. Asia Pacific Agricultural Tractors Market Overview
9.3. Asia Pacific Agricultural Tractors Market Value Share Analysis, by Drive Type
9.4. Asia Pacific Agricultural Tractors Market Forecast, by Drive Type, 2020-2027
9.4.1. Two-wheel Drive (2WD)
9.4.2. Four-wheel Drive (4WD)
9.5. Asia Pacific Agricultural Tractors Market Value Share Analysis, by Power Output
9.6. Asia Pacific Agricultural Tractors Market Forecast, by Power Output, 2020-2027
9.6.1. Below 30 HP
9.6.2. 31 HP to 100 HP
9.6.3. 101 HP to 200 HP
9.6.4. More than 200 HP
9.7. Asia Pacific Agricultural Tractors Market Value Share Analysis, by Agriculture Application
9.8. Asia Pacific Agricultural Tractors Market Forecast, by Agriculture Application
9.8.1. Harvesting
9.8.2. Seed Sowing
9.8.3. Irrigation
9.8.4. Others
9.9. Asia Pacific Agricultural Tractors Market Value Share Analysis, by Operation
9.10. Asia Pacific Agricultural Tractors Market Forecast, by Operation
9.10.1. Manual Tractors
9.10.2. Autonomous Tractors
9.11. Asia Pacific Agricultural Tractors Market Value Share Analysis, by Country and Sub-regions
9.12. Asia Pacific Agricultural Tractors Market Forecast, by Country and Sub-regions
9.12.1. China
9.12.2. India
9.12.3. Japan
9.12.4. ASEAN
9.12.5. Rest of Asia Pacific
9.13. China Agricultural Tractors Market Forecast, by Drive Type
9.13.1. Two-wheel Drive (2WD)
9.13.2. Four-wheel Drive (4WD)
9.14. China Agricultural Tractors Market Forecast, by Power Output
9.14.1. Below 30 HP
9.14.2. 31 HP to 100 HP
9.14.3. 101 HP to 200 HP
9.14.4. More than 200 HP
9.15. China Agricultural Tractors Market Forecast, by Agriculture Application
9.15.1. Harvesting
9.15.2. Seed Sowing
9.15.3. Irrigation
9.15.4. Others
9.16. China Agricultural Tractors Market Forecast, by Operation
9.16.1. Manual Tractors
9.16.2. Autonomous Tractors
9.17. India Agricultural Tractors Market Forecast, by Drive Type
9.17.1. Two-wheel Drive (2WD)
9.17.2. Four-wheel Drive (4WD)
9.18. India Agricultural Tractors Market Forecast, by Power Output
9.18.1. Below 30 HP
9.18.2. 31 HP to 100 HP
9.18.3. 101 HP to 200 HP
9.18.4. More than 200 HP
9.19. India Agricultural Tractors Market Forecast, by Agriculture Application
9.19.1. Harvesting
9.19.2. Seed Sowing
9.19.3. Irrigation
9.19.4. Others
9.20. India Agricultural Tractors Market Forecast, by Operation
9.20.1. Manual Tractors
9.20.2. Autonomous Tractors
9.21. Japan Agricultural Tractors Market Forecast, by Drive Type
9.21.1. Two-wheel Drive (2WD)
9.21.2. Four-wheel Drive (4WD)
9.22. Japan Agricultural Tractors Market Forecast, by Power Output
9.22.1. Below 30 HP
9.22.2. 31 HP to 100 HP
9.22.3. 101 HP to 200 HP
9.22.4. More than 200 HP
9.23. Japan Agricultural Tractors Market Forecast, by Agriculture Application
9.23.1. Harvesting
9.23.2. Seed Sowing
9.23.3. Irrigation
9.23.4. Others
9.24. Japan Agricultural Tractors Market Forecast, by Operation
9.24.1. Manual Tractors
9.24.2. Autonomous Tractors
9.25. ASEAN Agricultural Tractors Market Forecast, by Drive Type
9.25.1. Two-wheel Drive (2WD)
9.25.2. Four-wheel Drive (4WD)
9.26. ASEAN Agricultural Tractors Market Forecast, by Power Output
9.26.1. Below 30 HP
9.26.2. 31 HP to 100 HP
9.26.3. 101 HP to 200 HP
9.26.4. More than 200 HP
9.27. ASEAN Agricultural Tractors Market Forecast, by Agriculture Application
9.27.1. Harvesting
9.27.2. Seed Sowing
9.27.3. Irrigation
9.27.4. Others
9.28. ASEAN Agricultural Tractors Market Forecast, by Operation
9.28.1. Manual Tractors
9.28.2. Autonomous Tractors
9.29. Rest of Asia Pacific Agricultural Tractors Market Forecast, by Drive Type
9.29.1. Two-wheel Drive (2WD)
9.29.2. Four-wheel Drive (4WD)
9.30. Rest of Asia Pacific Agricultural Tractors Market Forecast, by Power Output
9.30.1. Below 30 HP
9.30.2. 31 HP to 100 HP
9.30.3. 101 HP to 200 HP
9.30.4. More than 200 HP
9.31. Rest of Asia Pacific Agricultural Tractors Market Forecast, by Agriculture Application
9.31.1. Harvesting
9.31.2. Seed Sowing
9.31.3. Irrigation
9.31.4. Others
9.32. Rest of Asia Pacific Agricultural Tractors Market Forecast, by Operation
9.32.1. Manual Tractors
9.32.2. Autonomous Tractors
9.33. PEST Analysis

10. Middle East & Africa Agricultural Tractors Market Analysis
10.1. Key Findings
10.2. Middle East & Africa Agricultural Tractors Market Overview
10.3. Middle East & Africa Agricultural Tractors Market Value Share Analysis, by Drive Type
10.4. Middle East & Africa Agricultural Tractors Market Forecast, by Drive Type, 2020-2027
10.4.1. Two-wheel Drive (2WD)
10.4.2. Four-wheel Drive (4WD)
10.5. Middle East & Africa Agricultural Tractors Market Value Share Analysis, by Power Output
10.6. Middle East & Africa Agricultural Tractors Market Forecast, by Power Output, 2020-2027
10.6.1. Below 30 HP
10.6.2. 31 HP to 100 HP
10.6.3. 101 HP to 200 HP
10.6.4. More than 200 HP
10.7. Middle East & Africa Agricultural Tractors Market Value Share Analysis, by Agriculture Application
10.8. Middle East & Africa Agricultural Tractors Market Forecast, by Agriculture Application
10.8.1. Harvesting
10.8.2. Seed Sowing
10.8.3. Irrigation
10.8.4. Others
10.9. Middle East & Africa Agricultural Tractors Market Value Share Analysis, by Operation
10.10. Middle East & Africa Agricultural Tractors Market Forecast, by Operation
10.10.1. Manual Tractors
10.10.2. Autonomous Tractors
10.11. Middle East & Africa Agricultural Tractors Market Value Share Analysis, by Country and Sub-regions
10.12. Middle East & Africa Agricultural Tractors Market Forecast, by Country and Sub-regions
10.12.1. GCC
10.12.2. South Africa
10.12.3. Rest of Middle East & Africa
10.13. GCC Agricultural Tractors Market Forecast, by Drive Type
10.13.1. Two-wheel Drive (2WD)
10.13.2. Four-wheel Drive (4WD)
10.14. GCC Agricultural Tractors Market Forecast, by Power Output
10.14.1. Below 30 HP
10.14.2. 31 HP to 100 HP
10.14.3. 101 HP to 200 HP
10.14.4. More than 200 HP
10.15. GCC Agricultural Tractors Market Forecast, by Operation
10.15.1. Manual Tractors
10.15.2. Autonomous Tractors
10.16. GCC Agricultural Tractors Market Forecast, by Agriculture Application
10.16.1. Harvesting
10.16.2. Seed Sowing
10.16.3. Irrigation
10.16.4. Others
10.17. South Africa Agricultural Tractors Market Forecast, by Drive Type
10.17.1. Two-wheel Drive (2WD)
10.17.2. Four-wheel Drive (4WD)
10.18. South Africa Agricultural Tractors Market Forecast, by Power Output
10.18.1. Below 30 HP
10.18.2. 31 HP to 100 HP
10.18.3. 101 HP to 200 HP
10.18.4. More than 200 HP
10.19. South Africa Agricultural Tractors Market Forecast, by Operation
10.19.1. Manual Tractors
10.19.2. Autonomous Tractors
10.20. South Africa Agricultural Tractors Market Forecast, by Agriculture Application
10.20.1. Harvesting
10.20.2. Seed Sowing
10.20.3. Irrigation
10.20.4. Others
10.21. Rest of Middle East& Africa Agricultural Tractors Market Forecast, by Drive Type
10.21.1. Two-wheel Drive (2WD)
10.21.2. Four-wheel Drive (4WD)
10.22. Rest of Middle East& Africa Agricultural Tractors Market Forecast, by Power Output
10.22.1. Below 30 HP
10.22.2. 31 HP to 100 HP
10.22.3. 101 HP to 200 HP
10.22.4. More than 200 HP
10.23. Rest of Middle East& Africa Agricultural Tractors Market Forecast, by Agriculture Application
10.23.1. Harvesting
10.23.2. Seed Sowing
10.23.3. Irrigation
10.23.4. Others
10.24. Rest of Middle East& Africa Agricultural Tractors Market Forecast, by Operation
10.24.1. Manual Tractors
10.24.2. Autonomous Tractors
10.25. PEST Analysis

11. Company Profiles
11.1. Market Share Analysis, by Company
11.2. Competition Matrix
11.3. Company Profiles: Key Players
11.3.1. AGCO Corporation
11.3.1.1. Company Overview
11.3.1.2. Financial Overview
11.3.1.3. Business Strategy
11.3.1.4. Recent Developments
11.3.2. Caterpillar, Inc.
11.3.2.1. Company Overview
11.3.2.2. Financial Overview
11.3.2.3. Business Strategy
11.3.2.4. Recent Developments
11.3.3. CNH Industrial N.V
11.3.3.1. Company Overview
11.3.3.2. Financial Overview
11.3.3.3. Business Strategy
11.3.3.4. Recent Developments
11.3.4. CLAAS KGaA mbH
11.3.4.1. Company Overview
11.3.4.2. Financial Overview
11.3.4.3. Business Strategy
11.3.4.4. Recent Developments
11.3.5. Deere & Company
11.3.5.1. Company Overview
11.3.5.2. Financial Overview
11.3.5.3. Business Strategy
11.3.5.4. Recent Developments
11.3.6. Escorts Limited
11.3.6.1. Company Overview
11.3.6.2. Financial Overview
11.3.6.3. Business Strategy
11.3.6.4. Recent Developments
11.3.7. J.C. Bamford Excavators Limited (JCB)
11.3.7.1. Company Overview
11.3.7.2. Financial Overview
11.3.7.3. Business Strategy
11.3.7.4. Recent Developments
11.3.8. Kubota Corporation
11.3.8.1. Company Overview
11.3.8.2. Financial Overview
11.3.8.3. Business Strategy
11.3.8.4. Recent Developments
11.3.9. Mahindra & Mahindra India Limited
11.3.9.1. Company Overview
11.3.9.2. Financial Overview
11.3.9.3. Business Strategy
11.3.9.4. Recent Developments
11.3.10. SAME DEUTZ-FAHR Italia S.p.A.
11.3.10.1. Company Overview
11.3.10.2. Financial Overview
11.3.10.3. Business Strategy
11.3.10.4. Recent Development
11.3.11. Tractors and Farm Equipment Limited (TAFE)
11.3.11.1. Company Overview
11.3.11.2. Financial Overview
11.3.11.3. Business Strategy
11.3.11.4. Recent Developments
11.3.12. Yanmar Co., Ltd
11.3.12.1. Company Overview
11.3.12.2. Financial Overview
11.3.12.3. Business Strategy
11.3.12.4. Recent Developments
Primary Key Insights

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