Table of Content
1 INTRODUCTION (Page No. - 40)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
TABLE 1 INCLUSIONS AND EXCLUSIONS FOR FARM EQUIPMENT MARKET
1.3 MARKET SCOPE
1.3.1 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
TABLE 2 CURRENCY EXCHANGE RATES
1.5 SUMMARY OF CHANGES
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 45)
2.1 RESEARCH DATA
FIGURE 1 RESEARCH DESIGN
FIGURE 2 RESEARCH METHODOLOGY MODEL
2.1.1 SECONDARY DATA
2.1.2 LIST OF KEY SECONDARY SOURCES TO ESTIMATE FARM EQUIPMENT MARKET
2.1.3 KEY DATA FROM SECONDARY SOURCES
2.1.4 PRIMARY DATA
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
2.1.4.1 Major objectives of primary research
2.1.5 LIST OF PRIMARY PARTICIPANTS
2.2 MARKET ESTIMATION METHODOLOGY
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
2.2.1 BOTTOM-UP APPROACH
FIGURE 5 FARM TRACTOR MARKET SIZE: BOTTOM-UP APPROACH (POWER OUTPUT AND REGION)
2.2.2 TOP-DOWN APPROACH
FIGURE 6 FARM EQUIPMENT MARKET SIZE: TOP-DOWN APPROACH (FARM TRACTOR, BY DRIVE TYPE)
FIGURE 7 MARKET: RESEARCH DESIGN & METHODOLOGY
FIGURE 8 MARKET: RESEARCH METHODOLOGY ILLUSTRATION OF JOHN DEERE REVENUE ESTIMATION
2.2.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES
2.3 DATA TRIANGULATION
FIGURE 9 DATA TRIANGULATION METHODOLOGY
2.4 FACTOR ANALYSIS
2.5 RECESSION IMPACT ANALYSIS
2.6 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
TABLE 3 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY (Page No. - 62)
3.1 REPORT SUMMARY
FIGURE 10 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2028 (USD MILLION)
4 PREMIUM INSIGHTS (Page No. - 65)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN FARM EQUIPMENT MARKET
FIGURE 11 GROWING MECHANIZATION IN FARMING AND CONTRACT FARMING TO DRIVE MARKET
4.2 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE
FIGURE 12 CEREAL COMBINES SEGMENT TO REGISTER HIGHEST CAGR FROM 2023 TO 2028
4.3 FARM TRACTOR MARKET, BY DRIVE TYPE
FIGURE 13 FOUR-WHEEL DRIVE SEGMENT TO REGISTER HIGHER CAGR THAN TWO-WHEEL DRIVE SEGMENT FROM 2023 TO 2028
4.4 FARM TRACTOR MARKET, BY POWER OUTPUT
FIGURE 14 31-70 HP SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.5 FARM IMPLEMENTS MARKET, BY FUNCTION
FIGURE 15 PLOWING & CULTIVATING SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.6 ELECTRIC TRACTOR MARKET, BY PROPULSION
FIGURE 16 BATTERY ELECTRIC SEGMENT TO LEAD MARKET DURING FORECAST PERIOD
4.7 ELECTRIC TRACTOR MARKET, BY TYPE
FIGURE 17 LIGHT-DUTY TRACTORS SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4.8 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE
FIGURE 18 TRACTORS SEGMENT ESTIMATED TO COMMAND LARGEST SHARE IN FARM EQUIPMENT RENTAL MARKET IN 2023
4.9 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT
FIGURE 19 31-70 HP SEGMENT TO LEAD FARM TRACTOR RENTAL MARKET FROM 2023 TO 2028
4.10 FARM EQUIPMENT MARKET, BY REGION
FIGURE 20 ASIA OCEANIA ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
5 MARKET OVERVIEW (Page No. - 71)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 21 FARM EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Government support with farm loan waivers/credit finance
TABLE 4 SCHEMES LAUNCHED BY GOVERNMENT OF INDIA
5.2.1.2 OEM/sales incentives to support dealer services and rental operations
5.2.1.3 Contract farming
TABLE 5 CHARACTERISTICS OF TRANSACTIONAL AND CONTRACT FARMING
FIGURE 22 US FARMS WITH CONTRACTS, 2020
FIGURE 23 US VALUE OF PRODUCTION UNDER CONTRACTS, 2020
TABLE 6 SAMPLE SIZE AND PREVALENCE OF CONTRACT FARMING, 2019
5.2.1.4 Increase in farm mechanization
FIGURE 24 MECHANIZATION RATE AND CONTRIBUTION OF AGRICULTURE INDUSTRY TO GDP IN MAJOR GEOGRAPHIES, 2020
TABLE 7 MECHANIZATION RATE IN INDIA FOR SEVERAL AGRICULTURAL ACTIVITIES, 2021
TABLE 8 PATTERN OF ASSISTANCE IN VARIOUS SCHEMES OF GOVERNMENT OF INDIA
TABLE 9 SUPPORT FROM REGIONAL GOVERNMENTS
5.2.2 RESTRAINTS
5.2.2.1 Growth of rental market
TABLE 10 JOHN DEERE: HARVESTERS RENTAL RATES IN US, 2020 (USD)
TABLE 11 JOHN DEERE: RENTAL RATES IN US, 2020 (USD)
5.2.2.2 High equipment cost in emerging economies
TABLE 12 PRICES OF TRACTORS IN US, 2021 (USD)
TABLE 13 PRICES OF VARIOUS FARM EQUIPMENT IN US, 2021 (USD)
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of precision farming
5.2.3.2 Increasing R&D and adoption of electric tractors
5.2.4 CHALLENGES
5.2.4.1 Rapidly changing emission norms and mandates
5.3 TRADE ANALYSIS
5.3.1 IMPORT SCENARIO
TABLE 14 US: IMPORT SHARE, BY COUNTRY (VALUE %)
TABLE 15 FRANCE: IMPORT SHARE, BY COUNTRY (VALUE %)
TABLE 16 GERMANY: IMPORT SHARE, BY COUNTRY (VALUE %)
TABLE 17 MEXICO: IMPORT SHARE, BY COUNTRY (VALUE %)
TABLE 18 BELGIUM: IMPORT SHARE, BY COUNTRY (VALUE %)
5.3.2 EXPORT SCENARIO
TABLE 19 US: EXPORT SHARE, BY COUNTRY (VALUE %)
TABLE 20 FRANCE: EXPORT SHARE, BY COUNTRY (VALUE %)
TABLE 21 GERMANY: EXPORT SHARE, BY COUNTRY (VALUE %)
TABLE 22 MEXICO: EXPORT SHARE, BY COUNTRY (VALUE %)
TABLE 23 BELGIUM: EXPORT SHARE, BY COUNTRY (VALUE %)
5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 25 REVENUE SHIFT FOR FARM EQUIPMENT MARKET
5.5 CASE STUDY ANALYSIS
5.5.1 CASE STUDY: TRUCKERS AND CATTLE FARMERS BENEFIT FROM TELESKID EFFICIENCY
5.5.2 CASE STUDY: KUBOTA UNVEILED PROTOTYPE OF COMPLETE ELECTRIC AUTONOMOUS TRACTOR
5.5.3 CASE STUDY: JOHN DEERE PREVIEWED X9 COMBINE HARVESTER
5.5.4 CASE STUDY: STEYR UNVEILED HYBRID CONCEPT TRACTOR
5.5.5 CASE STUDY: KUBOTA INTRODUCED AGRIROBO UNMANNED AUTONOMOUS AGRICULTURAL MACHINERY
5.5.6 CASE STUDY: JOHN DEERE LAUNCHED UPGRADE KIT FOR SPRAYERS
5.6 PATENT ANALYSIS
TABLE 24 FARM EQUIPMENT MARKET: PATENT ANALYSIS
5.7 SUPPLY CHAIN ANALYSIS
FIGURE 26 SUPPLY CHAIN ANALYSIS: MARKET
5.8 MARKET ECOSYSTEM
TABLE 25 ROLE OF COMPANIES IN MARKET ECOSYSTEM
5.9 TARIFF AND REGULATORY LANDSCAPE
5.9.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 26 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 27 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 28 ASIA OCEANIA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 29 MIDDLE EAST: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 30 REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.9.2 REGULATORY ANALYSIS FOR FARM EQUIPMENT MARKET
5.9.3 NON-ROAD MOBILE MACHINERY EMISSION (NRMM) REGULATIONS OUTLOOK, 2019–2025
FIGURE 27 NRMM EMISSION REGULATIONS OUTLOOK, 2019–2025
5.9.3.1 North America
5.9.3.1.1 US
TABLE 31 US: TIER 4 EMISSION STANDARDS
5.9.3.2 Europe
TABLE 32 EUROPEAN UNION: STAGE V EMISSION STANDARDS
5.9.4 ASIA OCEANIA
5.9.4.1 China
TABLE 33 CHINA: CHINA IV EMISSION STANDARDS
5.9.4.2 India
TABLE 34 INDIA: BS IV EMISSION STANDARDS
TABLE 35 INDIA: BS V EMISSION STANDARDS
5.10 PRICING ANALYSIS
5.10.1 AVERAGE SELLING PRICE (ASP) ANALYSIS, BY POWER OUTPUT AND REGION
TABLE 36 ASP: <30 HP TRACTORS: PRICE RANGE ANALYSIS, BY REGION, 2022 (USD)
TABLE 37 ASP: 31–70 HP TRACTORS: PRICE RANGE ANALYSIS, BY REGION, 2022 (USD)
TABLE 38 ASP: 71–130 HP TRACTORS: PRICE RANGE ANALYSIS, BY REGION, 2022 (USD)
TABLE 39 ASP: 131–250 HP TRACTORS: PRICE RANGE ANALYSIS, BY REGION, 2022 (USD)
TABLE 40 ASP: >250 HP TRACTORS: PRICE RANGE ANALYSIS, BY REGION, 2022 (USD)
5.11 TECHNOLOGY ANALYSIS
5.11.1 FARM EQUIPMENT AUTOMATION
5.11.2 AGRICULTURE 5.0
TABLE 41 CROP DATA MANAGEMENT SOFTWARE APPLICATIONS
5.11.3 ELECTRIFICATION OF TRACTORS
FIGURE 28 TOTAL COST OF OWNERSHIP OF ELECTRIC VS. DIESEL TRACTOR VERSIONS
5.11.4 FARM TRACTORS: BATTERY PRICES/TECHNOLOGIES
TABLE 42 BATTERY TECHNOLOGIES FOR ELECTRIC TRACTORS
5.11.5 TRENDS IN RENTAL INDUSTRY
5.11.6 PRECISION FARMING
5.11.7 AUTONOMOUS TRACTORS
5.11.8 CNG TRACTORS
5.12 KEY CONFERENCES AND EVENTS IN 2023–2024
5.12.1 FARM EQUIPMENT MARKET: KEY CONFERENCES AND EVENTS
5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
5.13.1 KEY BUYING CRITERIA FOR FARM EQUIPMENT
TABLE 43 KEY BUYING CRITERIA FOR DIFFERENT FARM EQUIPMENT
TABLE 44 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR FARM EQUIPMENT
5.14 TOTAL COST OF OWNERSHIP: FARM EQUIPMENT MARKET
5.14.1 FACTORS INFLUENCING TOTAL COST OF OWNERSHIP
TABLE 45 TOTAL COST OF OWNERSHIP: FARM EQUIPMENT MARKET
5.15 BILL OF MATERIAL ANALYSIS
FIGURE 29 FARM EQUIPMENT MARKET: BILL OF MATERIAL ANALYSIS
6 FARM TRACTOR MARKET, BY POWER OUTPUT (Page No. - 122)
6.1 INTRODUCTION
6.1.1 INDUSTRY INSIGHTS
FIGURE 30 FARM TRACTOR MARKET, BY POWER OUTPUT, 2023 VS. 2028 (USD MILLION)
TABLE 46 FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 47 FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 48 FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 49 FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
6.2 <30 HP
6.2.1 PRESENCE OF SMALL FARMLANDS IN SEVERAL COUNTRIES TO DRIVE MARKET
TABLE 50 <30 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 51 <30 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 52 <30 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 53 <30 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
6.3 31–70 HP
6.3.1 GOVERNMENT SUBSIDIES AND LOAN WAIVERS TO DRIVE MARKET
TABLE 54 31–70 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 55 31–70 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 56 31–70 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 57 31–70 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
6.4 71–130 HP
6.4.1 NEED FOR TRACTORS WITH MORE POWER AND HIGHER EFFICIENCY IN LARGE FARMLANDS TO DRIVE MARKET
TABLE 58 71–130 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 59 71–130 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 60 71–130 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 61 71–130 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
6.5 131–250 HP
6.5.1 PRESENCE OF LARGE FARMLANDS IN EUROPE TO DRIVE MARKET
TABLE 62 131–250 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 63 131–250 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 64 131–250 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 65 131–250 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
6.6 >250 HP
6.6.1 GROWING ORGANIZED FARMING ACTIVITIES TO DRIVE MARKET
TABLE 66 >250 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 67 >250 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 68 >250 HP: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 69 >250 HP: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
7 FARM TRACTOR MARKET, BY DRIVE TYPE (Page No. - 135)
7.1 INTRODUCTION
TABLE 70 KEY DIFFERENCES BETWEEN 2WD AND 4WD TRACTORS
7.1.1 INDUSTRY INSIGHTS
FIGURE 31 FARM TRACTOR MARKET, BY DRIVE TYPE, 2023 VS 2028 (USD MILLION)
TABLE 71 FARM TRACTOR MARKET, BY DRIVE TYPE, 2018–2022 (‘000 UNITS)
TABLE 72 FARM TRACTOR MARKET, BY DRIVE TYPE, 2023–2028 (‘000 UNITS)
TABLE 73 FARM TRACTOR MARKET, BY DRIVE TYPE, 2018–2022 (USD MILLION)
TABLE 74 FARM TRACTOR MARKET, BY DRIVE TYPE, 2023–2028 (USD MILLION)
7.2 TWO-WHEEL DRIVE
7.2.1 INCREASING DEMAND FOR LOW-COST TRACTORS IN ASIA OCEANIA TO DRIVE MARKET
TABLE 75 POPULAR 2WD TRACTORS
TABLE 76 TWO-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 77 TWO-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 78 TWO-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 79 TWO-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
7.3 FOUR-WHEEL DRIVE
7.3.1 INCREASING LAUNCHES OF LOW-POWERED FOUR-WHEEL DRIVE TRACTORS TO DRIVE MARKET
TABLE 80 POPULAR 4WD TRACTORS
TABLE 81 FOUR-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 82 FOUR-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 83 FOUR-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 84 FOUR-WHEEL DRIVE: FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
8 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE (Page No. - 143)
8.1 INTRODUCTION
8.1.1 INDUSTRY INSIGHTS
FIGURE 32 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE, 2023 VS 2028 (USD MILLION)
TABLE 85 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
TABLE 86 FARM EQUIPMENT RENTAL MARKET, BY EQUIPMENT TYPE, 2023–2028 (USD MILLION)
8.2 TRACTORS
8.2.1 INCREASING COLLABORATIONS BETWEEN OEMS AND APPLICATION COMPANIES TO DRIVE MARKET
TABLE 87 TRACTORS RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 88 TRACTORS RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
8.3 COMBINES
8.3.1 DEMAND FOR HIGHER PRODUCTIVITY TO DRIVE RENTAL MARKET FOR COMBINES
TABLE 89 COMBINES RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 90 COMBINES RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
8.4 SPRAYERS
8.4.1 BETTER EFFICIENCY IN FARM OPERATIONS TO DRIVE DEMAND FOR SPRAYERS
TABLE 91 SPRAYERS RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 92 SPRAYERS RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
8.5 BALERS
8.5.1 INCREASING PREFERENCE FOR ROUND BALERS WITH PRE-CUTTING SYSTEMS TO DRIVE MARKET
TABLE 93 BALERS RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 94 BALERS RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
8.6 OTHERS
TABLE 95 OTHER EQUIPMENT RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 96 OTHER EQUIPMENT RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
9 FARM IMPLEMENTS MARKET, BY FUNCTION (Page No. - 151)
9.1 INTRODUCTION
9.1.1 INDUSTRY INSIGHTS
FIGURE 33 FARM IMPLEMENTS MARKET, BY FUNCTION, 2023 VS. 2028 (USD MILLION)
TABLE 97 FARM IMPLEMENTS MARKET, BY FUNCTION, 2018–2022 (USD MILLION)
TABLE 98 FARM IMPLEMENTS MARKET, BY FUNCTION, 2023–2028 (USD MILLION)
9.2 PLOWING & CULTIVATING
9.2.1 PLOWING & CULTIVATING IMPLEMENTS INCREASE SOIL POROSITY AND ENHANCE WATER-ABSORBING CAPACITY
TABLE 99 PLOWING & CULTIVATING: FARM IMPLEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 100 PLOWING & CULTIVATING: FARM IMPLEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.3 SOWING & PLANTING
9.3.1 ADOPTION OF SOWING & PLANTING IMPLEMENTS REDUCES OVERALL COSTS INCURRED BY FARMERS
TABLE 101 SOWING & PLANTING: FARM IMPLEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 102 SOWING & PLANTING: FARM IMPLEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.4 PLANT PROTECTION & FERTILIZING
9.4.1 ABILITY TO INCREASE CROP PRODUCTION AND FOOD QUALITY WITH MINIMAL DAMAGE TO DRIVE DEMAND FOR PLANT PROTECTION & FERTILIZING IMPLEMENTS
TABLE 103 PLANT PROTECTION & FERTILIZING: FARM IMPLEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 104 PLANT PROTECTION & FERTILIZING: FARM IMPLEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.5 HARVESTING & THRESHING
9.5.1 DEMAND FOR TRACTOR-MOUNTED HARVESTING AND THRESHING IMPLEMENTS TO WITNESS GROWTH, ESPECIALLY IN EMERGING ECONOMIES
TABLE 105 HARVESTING & THRESHING: FARM IMPLEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 106 HARVESTING & THRESHING: FARM IMPLEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
9.6 OTHERS
TABLE 107 OTHERS: FARM IMPLEMENTS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 108 OTHERS: FARM IMPLEMENTS MARKET, BY REGION, 2023–2028 (USD MILLION)
10 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE (Page No. - 160)
10.1 INTRODUCTION
10.1.1 INDUSTRY INSIGHTS
FIGURE 34 FARM EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2028 (USD MILLION)
TABLE 109 MARKET, BY EQUIPMENT TYPE, 2018–2022 (‘000 UNITS)
TABLE 110 MARKET, BY EQUIPMENT TYPE, 2023–2028 (‘000 UNITS)
TABLE 111 MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
TABLE 112 MARKET, BY EQUIPMENT TYPE, 2023–2028 (USD MILLION)
10.2 CEREAL COMBINES
10.2.1 INCREASING FARM MECHANIZATION TO DRIVE DEMAND FOR COMBINES FOR CEREAL CROPS
TABLE 113 CEREAL COMBINES MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 114 CEREAL COMBINES MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 115 CEREAL COMBINES MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 116 CEREAL COMBINES MARKET, BY REGION, 2023–2028 (USD MILLION)
10.3 NON-CEREAL COMBINES
10.3.1 IMPROVED SILAGE QUALITY TO DRIVE DEMAND FOR FORAGE HARVESTERS
TABLE 117 NON-CEREAL COMBINES MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 118 NON-CEREAL COMBINES MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 119 NON-CEREAL COMBINES MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 120 NON-CEREAL COMBINES MARKET, BY REGION, 2023–2028 (USD MILLION)
10.4 BALERS
10.4.1 MINIMIZED WASTAGE AND INCREASED PRODUCTIVITY TO DRIVE DEMAND FOR BALERS
TABLE 121 BALERS MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 122 BALERS MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 123 BALERS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 124 BALERS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.5 SELF-PROPELLED SPRAYERS
10.5.1 LARGE-SCALE PRODUCTION TO DRIVE DEMAND FOR FERTILIZERS AND SELF-PROPELLED SPRAYERS
TABLE 125 SELF-PROPELLED SPRAYERS MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 126 SELF-PROPELLED SPRAYERS MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 127 SELF-PROPELLED SPRAYERS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 128 SELF-PROPELLED SPRAYERS MARKET, BY REGION, 2023–2028 (USD MILLION)
10.6 TRACTOR-MOUNTED SPRAYERS
10.6.1 BETTER MANEUVERABILITY TO DRIVE DEMAND FOR TRACTOR-MOUNTED SPRAYERS IN SMALL AND MEDIUM-SIZED FARMS
TABLE 129 TRACTOR-MOUNTED SPRAYERS MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 130 TRACTOR-MOUNTED SPRAYERS MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 131 TRACTOR-MOUNTED SPRAYERS MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 132 TRACTOR-MOUNTED SPRAYERS MARKET, BY REGION, 2023–2028 (USD MILLION)
11 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT (Page No. - 173)
11.1 INTRODUCTION
11.1.1 INDUSTRY INSIGHTS
FIGURE 35 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT, 2023 VS. 2028 (USD MILLION)
TABLE 133 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 134 FARM TRACTOR RENTAL MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
11.2 <30 HP
11.2.1 INCREASING DEMAND FOR UTILITY/COMPACT TRACTORS TO DRIVE <30 HP RENTAL TRACTOR MARKET
TABLE 135 <30 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 136 <30 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
11.3 31–70 HP
11.3.1 MODERATELY POWERED AND EASY TO USE
TABLE 137 31–70 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 138 31–70 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
11.4 71–130 HP
11.4.1 AMERICAS: LARGEST RENTAL MARKET FOR FARM TRACTORS WITH 71–130 HP
TABLE 139 71–130 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 140 71–130 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
11.5 131–250 HP
11.5.1 HIGH DEMAND IN EUROPE FOR LARGE-SCALE AGRICULTURE OPERATIONS
TABLE 141 131–250 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 142 131–250 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
11.6 >250 HP
11.6.1 INCREASING COMMERCIAL FARMING ACTIVITIES TO DRIVE DEMAND FOR >250 HP RENTAL TRACTORS
TABLE 143 >250 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 144 >250 HP: FARM TRACTOR RENTAL MARKET, BY REGION, 2023–2028 (USD MILLION)
12 ELECTRIC TRACTOR MARKET, BY PROPULSION (Page No. - 183)
12.1 INTRODUCTION
12.2 OPERATIONAL DATA
TABLE 145 ELECTRIC TRACTOR MODELS AND DESCRIPTION
12.2.1 INDUSTRY INSIGHTS
FIGURE 36 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2028 (USD MILLION)
TABLE 146 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (UNITS)
TABLE 147 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2028 (UNITS)
TABLE 148 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (USD MILLION)
TABLE 149 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2028 (USD MILLION)
12.3 BATTERY ELECTRIC
12.3.1 STRINGENT EMISSION REGULATIONS TO DRIVE MARKET
TABLE 150 BATTERY ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS)
TABLE 151 BATTERY ELECTRIC TRACTOR MARKET, BY REGION, 2023–2028 (UNITS)
TABLE 152 BATTERY ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 153 BATTERY ELECTRIC TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
12.4 HYBRID ELECTRIC
12.4.1 INCREASING DEMAND FOR MEDIUM AND HEAVY-DUTY TRACTORS TO DRIVE MARKET
TABLE 154 HYBRID ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS)
TABLE 155 HYBRID ELECTRIC TRACTOR MARKET, BY REGION, 2023–2028 (UNITS)
TABLE 156 HYBRID ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 157 HYBRID ELECTRIC TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
13 ELECTRIC TRACTOR MARKET, BY TYPE (Page No. - 191)
13.1 INTRODUCTION
13.1.1 INDUSTRY INSIGHTS
FIGURE 37 ELECTRIC TRACTOR MARKET, BY TYPE, 2023–2028 (USD MILLION)
TABLE 158 ELECTRIC TRACTOR MARKET, BY TYPE, 2018–2022 (UNITS)
TABLE 159 ELECTRIC TRACTOR MARKET, BY TYPE, 2023–2028 (UNITS)
13.2 LIGHT-DUTY TRACTORS
13.2.1 INCREASING DEMAND FOR LOW-COST LIGHT-DUTY ELECTRIC TRACTORS TO DRIVE MARKET
TABLE 160 LIGHT-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2018–2022 (UNITS)
TABLE 161 LIGHT-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2023–2028 (UNITS)
13.3 MEDIUM-DUTY TRACTORS
13.3.1 PRESENCE OF LARGE FARMLANDS IN EUROPE TO INCREASE DEMAND FOR MEDIUM-DUTY ELECTRIC TRACTORS
TABLE 162 MEDIUM-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2018–2022 (UNITS)
TABLE 163 MEDIUM-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2023–2028 (UNITS)
13.4 HEAVY-DUTY TRACTORS
13.4.1 INCREASING NEED FOR ENHANCED PRODUCTIVITY AND EFFICIENCY TO DRIVE DEMAND FOR HEAVY-DUTY ELECTRIC TRACTORS
TABLE 164 HEAVY-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2018–2022 (UNITS)
TABLE 165 HEAVY-DUTY ELECTRIC TRACTOR MARKET: BY REGION, 2023–2028 (UNITS)
14 FARM TRACTOR MARKET, BY REGION (Page No. - 199)
14.1 INTRODUCTION
14.1.1 INDUSTRY INSIGHTS
FIGURE 38 FARM TRACTOR MARKET, BY REGION, 2023 VS 2028 (USD MILLION)
TABLE 166 FARM TRACTOR MARKET, BY REGION, 2018–2022 (‘000 UNITS)
TABLE 167 FARM TRACTOR MARKET, BY REGION, 2023–2028 (‘000 UNITS)
TABLE 168 FARM TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
TABLE 169 FARM TRACTOR MARKET, BY REGION, 2023–2028 (USD MILLION)
14.2 ASIA OCEANIA
FIGURE 39 ASIA OCEANIA: FARM TRACTOR MARKET SNAPSHOT
TABLE 170 ASIA OCEANIA: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (‘000 UNITS)
TABLE 171 ASIA OCEANIA: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (‘000 UNITS)
TABLE 172 ASIA-OCEANIA: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 173 ASIA OCEANIA: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
14.2.1 ASIA OCEANIA: RECESSION IMPACT
14.2.2 AUSTRALIA
14.2.2.1 Government assistance to farmers to drive market
TABLE 174 AUSTRALIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 175 AUSTRALIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 176 AUSTRALIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 177 AUSTRALIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.2.3 CHINA
14.2.3.1 Favorable government policies to subsidize tractor sales to drive market
TABLE 178 CHINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 179 CHINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 180 CHINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 181 CHINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.2.4 INDIA
14.2.4.1 Rise in farm mechanization to drive market
TABLE 182 INDIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 183 INDIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 184 INDIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 185 INDIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.2.5 JAPAN
14.2.5.1 Increasing focus on encouraging agricultural co-operatives to fuel market
TABLE 186 JAPAN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 187 JAPAN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 188 JAPAN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 189 JAPAN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.2.6 SOUTH KOREA
14.2.6.1 Government focus on cultivating young farmers to drive market
TABLE 190 SOUTH KOREA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 191 SOUTH KOREA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 192 SOUTH KOREA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 193 SOUTH KOREA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.2.7 REST OF ASIA OCEANIA
TABLE 194 REST OF ASIA OCEANIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 195 REST OF ASIA OCEANIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 196 REST OF ASIA OCEANIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 197 REST OF ASIA OCEANIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3 EUROPE
FIGURE 40 EUROPE: FARM TRACTOR MARKET SNAPSHOT
TABLE 198 EUROPE: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (‘000 UNITS)
TABLE 199 EUROPE: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (‘000 UNITS)
TABLE 200 EUROPE: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 201 EUROPE: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
14.3.1 EUROPE: RECESSION IMPACT
14.3.2 FRANCE
14.3.2.1 Labor shortage to drive market
TABLE 202 FRANCE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 203 FRANCE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 204 FRANCE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 205 FRANCE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.3 GERMANY
14.3.3.1 Increasing demand for high-powered tractors to drive market
TABLE 206 GERMANY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 207 GERMANY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 208 GERMANY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 209 GERMANY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.4 ITALY
14.3.4.1 Increasing popularity of precision agriculture to drive market
TABLE 210 ITALY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 211 ITALY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 212 ITALY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 213 ITALY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.5 POLAND
14.3.5.1 Increasing farm subsidies to drive market
TABLE 214 POLAND: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 215 POLAND: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 216 POLAND: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 217 POLAND: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.6 RUSSIA
14.3.6.1 Small and medium-sized farms to support market growth
TABLE 218 RUSSIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 219 RUSSIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 220 RUSSIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 221 RUSSIA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.7 SPAIN
14.3.7.1 Shortage of labor and increasing focus on precision agriculture to drive market
TABLE 222 SPAIN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 223 SPAIN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 224 SPAIN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 225 SPAIN: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.8 TURKEY
14.3.8.1 Larger farm sizes and favorable government policies to drive market
TABLE 226 TURKEY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 227 TURKEY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 228 TURKEY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 229 TURKEY: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.9 UK
14.3.9.1 Rising demand for high-powered tractors to drive market
TABLE 230 UK: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 231 UK: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 232 UK: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 233 UK: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.3.10 REST OF EUROPE
TABLE 234 REST OF EUROPE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 235 REST OF EUROPE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 236 REST OF EUROPE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 237 REST OF EUROPE: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.4 NORTH AMERICA
FIGURE 41 NORTH AMERICA FARM TRACTOR MARKET, BY COUNTRY, 2023 VS 2028 (USD MILLION)
TABLE 238 NORTH AMERICA: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (‘000 UNITS)
TABLE 239 NORTH AMERICA: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (‘000 UNITS)
TABLE 240 NORTH AMERICA: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 241 NORTH AMERICA: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
14.4.1 NORTH AMERICA: RECESSION IMPACT
14.4.2 CANADA
14.4.2.1 Farm mechanization and government investment in crop production to drive market
TABLE 242 CANADA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 243 CANADA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 244 CANADA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 245 CANADA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.4.3 MEXICO
14.4.3.1 Government support and presence of OEMs to drive market
TABLE 246 MEXICO: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 247 MEXICO: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 248 MEXICO: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 249 MEXICO: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.4.4 US
14.4.4.1 Presence of key players to drive market
TABLE 250 US: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 251 US: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 252 US: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 253 US: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.5 REST OF THE WORLD
FIGURE 42 REST OF THE WORLD: FARM TRACTOR MARKET, BY COUNTRY, 2023 VS 2028 (USD MILLION)
TABLE 254 REST OF THE WORLD: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (‘000 UNITS)
TABLE 255 REST OF THE WORLD: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (‘000 UNITS)
TABLE 256 REST OF THE WORLD: FARM TRACTOR MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 257 REST OF THE WORLD: FARM TRACTOR MARKET, BY COUNTRY, 2023–2028 (USD MILLION)
14.5.1 ARGENTINA
14.5.1.1 Increased focus of key players in tractor manufacturing to drive market
TABLE 258 ARGENTINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 259 ARGENTINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 260 ARGENTINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 261 ARGENTINA: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.5.2 BRAZIL
14.5.2.1 Increasing export of tractors and presence of agri-tech start-ups to drive market
TABLE 262 BRAZIL: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 263 BRAZIL: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 264 BRAZIL: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 265 BRAZIL: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
14.5.3 OTHERS
TABLE 266 OTHERS: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (‘000 UNITS)
TABLE 267 OTHERS: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (‘000 UNITS)
TABLE 268 OTHERS: FARM TRACTOR MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
TABLE 269 OTHERS: FARM TRACTOR MARKET, BY POWER OUTPUT, 2023–2028 (USD MILLION)
15 COMPETITIVE LANDSCAPE (Page No. - 251)
15.1 OVERVIEW
15.2 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
FIGURE 43 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020–2022
15.3 FARM EQUIPMENT MARKET SHARE ANALYSIS, 2022
TABLE 270 FARM EQUIPMENT MARKET SHARE ANALYSIS, 2022
FIGURE 44 FARM EQUIPMENT MARKET SHARE, 2022
15.4 COMPANY EVALUATION MATRIX: FARM EQUIPMENT SUPPLIERS
15.4.1 STARS
15.4.2 EMERGING LEADERS
15.4.3 PERVASIVE PLAYERS
15.4.4 PARTICIPANTS
FIGURE 45 COMPETITIVE EVALUATION MATRIX: FARM EQUIPMENT SUPPLIERS, 2022
15.5 COMPANY FOOTPRINT
TABLE 271 FARM EQUIPMENT MARKET: COMPANY PRODUCT FOOTPRINT, 2022
TABLE 272 FARM TRACTOR MARKET: COMPANY PROPULSION FOOTPRINT, 2022
TABLE 273 FARM EQUIPMENT MARKET: COMPANY REGION FOOTPRINT, 2022
15.6 COMPANY EVALUATION MATRIX: FARM EQUIPMENT MANUFACTURERS (START-UPS/SMES)
15.6.1 PROGRESSIVE COMPANIES
15.6.2 RESPONSIVE COMPANIES
15.6.3 STARTING BLOCKS
15.6.4 DYNAMIC COMPANIES
FIGURE 46 COMPETITIVE EVALUATION MATRIX: FARM EQUIPMENT MANUFACTURERS (START-UPS/SMES), 2022
15.7 COMPETITIVE BENCHMARKING
TABLE 274 FARM EQUIPMENT MARKET: LIST OF KEY START-UPS/SMES
TABLE 275 FARM EQUIPMENT MARKET: COMPETITIVE BENCHMARKING OF KEY PLAYERS [START-UPS/SMES]
15.8 COMPETITIVE SCENARIO
15.8.1 NEW PRODUCT DEVELOPMENTS
TABLE 276 NEW PRODUCT DEVELOPMENTS, 2021–2023
15.8.2 DEALS
TABLE 277 DEALS, 2021–2023
15.8.3 OTHERS
TABLE 278 OTHERS, 2021–2023
15.9 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023
TABLE 279 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS, PARTNERSHIPS, AND SUPPLY CONTRACTS AS KEY GROWTH STRATEGIES FROM 2021 TO 2023
FIGURE 47 KEY DEVELOPMENTS BY LEADING PLAYERS
16 COMPANY PROFILES (Page No. - 279)
(Business overview, Products offered, Recent Developments, MNM view)*
16.1 KEY PLAYERS
16.1.1 JOHN DEERE
TABLE 280 JOHN DEERE: COMPANY OVERVIEW
FIGURE 48 JOHN DEERE: COMPANY SNAPSHOT
TABLE 281 JOHN DEERE: PRODUCTS OFFERED
TABLE 282 JOHN DEERE: NEW PRODUCT DEVELOPMENTS
TABLE 283 JOHN DEERE: DEALS
16.1.2 CNH INDUSTRIAL
TABLE 284 CNH INDUSTRIAL: COMPANY OVERVIEW
FIGURE 49 CNH INDUSTRIAL: COMPANY SNAPSHOT
TABLE 285 CNH INDUSTRIAL: PRODUCTS OFFERED
TABLE 286 CNH INDUSTRIAL: NEW PRODUCT DEVELOPMENTS
TABLE 287 CNH INDUSTRIAL: DEALS
TABLE 288 CNH INDUSTRIAL: OTHERS
16.1.3 MAHINDRA & MAHINDRA
TABLE 289 MAHINDRA & MAHINDRA: COMPANY OVERVIEW
FIGURE 50 MAHINDRA & MAHINDRA: COMPANY SNAPSHOT
TABLE 290 MAHINDRA & MAHINDRA: PRODUCTS OFFERED
TABLE 291 MAHINDRA & MAHINDRA: NEW PRODUCT DEVELOPMENTS
TABLE 292 MAHINDRA & MAHINDRA: DEALS
TABLE 293 MAHINDRA & MAHINDRA: OTHERS
16.1.4 AGCO CORPORATION
TABLE 294 AGCO CORPORATION: COMPANY OVERVIEW
FIGURE 51 AGCO CORPORATION: COMPANY SNAPSHOT
TABLE 295 AGCO CORPORATION: PRODUCTS OFFERED
TABLE 296 AGCO CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 297 AGCO CORPORATION: DEALS
TABLE 298 AGCO CORPORATION: OTHERS
16.1.5 KUBOTA CORPORATION
TABLE 299 KUBOTA CORPORATION: COMPANY OVERVIEW
FIGURE 52 KUBOTA CORPORATION: COMPANY SNAPSHOT
TABLE 300 KUBOTA CORPORATION: PRODUCTS OFFERED
TABLE 301 KUBOTA CORPORATION: NEW PRODUCT DEVELOPMENTS
TABLE 302 KUBOTA CORPORATION: DEALS
TABLE 303 KUBOTA CORPORATION: OTHERS
16.1.6 CLAAS KGAA
TABLE 304 CLAAS KGAA: COMPANY OVERVIEW
FIGURE 53 CLAAS KGAA: COMPANY SNAPSHOT
TABLE 305 CLAAS KGAA: PRODUCTS OFFERED
TABLE 306 CLAAS KGAA: NEW PRODUCT DEVELOPMENTS
TABLE 307 CLAAS KGAA: DEALS
TABLE 308 CLAAS KGAA: OTHERS
16.1.7 ISEKI & CO., LTD.
TABLE 309 ISEKI & CO., LTD.: COMPANY OVERVIEW
FIGURE 54 ISEKI & CO., LTD.: COMPANY SNAPSHOT
TABLE 310 ISEKI & CO., LTD.: PRODUCTS OFFERED
TABLE 311 ISEKI & CO., LTD.: DEALS
16.1.8 ESCORTS KUBOTA LIMITED
TABLE 312 ESCORTS KUBOTA LIMITED: COMPANY OVERVIEW
FIGURE 55 ESCORTS KUBOTA LIMITED: COMPANY SNAPSHOT
TABLE 313 ESCORTS KUBOTA LIMITED: PRODUCTS OFFERED
TABLE 314 ESCORTS KUBOTA LIMITED: NEW PRODUCT DEVELOPMENTS
TABLE 315 ESCORTS KUBOTA LIMITED: DEALS
16.1.9 SDF GROUP
TABLE 316 SDF GROUP: COMPANY OVERVIEW
FIGURE 56 SDF GROUP: COMPANY SNAPSHOT
TABLE 317 SDF GROUP: PRODUCTS OFFERED
TABLE 318 SDF GROUP: NEW PRODUCT DEVELOPMENTS
TABLE 319 SDF GROUP: DEALS
TABLE 320 SDF GROUP: OTHERS
16.1.10 YANMAR HOLDINGS CO., LTD.
TABLE 321 YANMAR HOLDINGS CO., LTD.: COMPANY OVERVIEW
FIGURE 57 YANMAR HOLDINGS CO., LTD.: COMPANY SNAPSHOT
TABLE 322 YANMAR HOLDINGS CO., LTD.: PRODUCTS OFFERED
TABLE 323 YANMAR HOLDINGS CO., LTD.: NEW PRODUCT DEVELOPMENTS
TABLE 324 YANMAR HOLDINGS CO., LTD.: DEALS
TABLE 325 YANMAR HOLDINGS CO., LTD.: OTHERS
16.2 OTHER PLAYERS
16.2.1 JCB (JOSEPH CYRIL BAMFORD EXCAVATORS LTD.)
TABLE 326 JCB: COMPANY OVERVIEW
16.2.2 TRACTORS AND FARM EQUIPMENT LIMITED
TABLE 327 TRACTORS AND FARM EQUIPMENT LIMITED: COMPANY OVERVIEW
16.2.3 SONALIKA GROUP
TABLE 328 SONALIKA GROUP: COMPANY OVERVIEW
16.2.4 TYM CORPORATION
TABLE 329 TYM CORPORATION: COMPANY OVERVIEW
16.2.5 DAEDONG CORPORATION
TABLE 330 DAEDONG CORPORATION: COMPANY OVERVIEW
16.2.6 EXEL INDUSTRIES LTD.
TABLE 331 EXEL INDUSTRIES LTD.: COMPANY OVERVIEW
16.2.7 BUCHER INDUSTRIES AG
TABLE 332 BUCHER INDUSTRIES AG: COMPANY OVERVIEW
16.2.8 ZETOR TRACTORS A.S.
TABLE 333 ZETOR TRACTORS A.S.: COMPANY OVERVIEW
16.2.9 ARGO TRACTORS S.P.A.
TABLE 334 ARGO TRACTORS S.P.A.: COMPANY OVERVIEW
16.2.10 CONCERN TRACTOR PLANTS
TABLE 335 CONCERN TRACTOR PLANTS: COMPANY OVERVIEW
16.2.11 AMAZONE H. DREYER GMBH & CO. KG
TABLE 336 AMAZONE H. DREYER GMBH & CO. KG: COMPANY OVERVIEW
16.2.12 ALAMO GROUP INC.
TABLE 337 ALAMO GROUP INC.: COMPANY OVERVIEW
16.2.13 BUHLER INDUSTRIES INC.
TABLE 338 BUHLER INDUSTRIES INC.: COMPANY OVERVIEW
16.2.14 AUTONOMOUS TRACTOR CORPORATION
TABLE 339 AUTONOMOUS TRACTOR CORPORATION: COMPANY OVERVIEW
16.2.15 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.
TABLE 340 CHANGZHOU DONGFENG AGRICULTURAL MACHINERY GROUP CO., LTD.: COMPANY OVERVIEW
16.2.16 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH)
TABLE 341 CHINA NATIONAL MACHINERY INDUSTRY CORPORATION (SINOMACH): COMPANY OVERVIEW
16.2.17 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD.
TABLE 342 WEICHAI LOVOL INTELLIGENT AGRICULTURAL TECHNOLOGY CO., LTD.: COMPANY OVERVIEW
16.2.18 BERNARD KRONE HOLDING SE & CO. KG
TABLE 343 BERNARD KRONE HOLDING SE & CO. KG: COMPANY OVERVIEW
16.2.19 VERMEER CORPORATION
TABLE 344 VERMEER CORPORATION: COMPANY OVERVIEW
16.2.20 PÖTTINGER LANDTECHNIK GMBH
TABLE 345 PÖTTINGER LANDTECHNIK GMBH: COMPANY OVERVIEW
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
17 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 381)
17.1 ASIA OCEANIA EXPECTED TO DOMINATE FARM EQUIPMENT MARKET
17.2 KEY FOCUS AREAS OF ELECTRIC FARM TRACTORS
17.3 FOUR-WHEEL DRIVE TRACTORS FOR FUTURE APPLICATIONS – KEY FOCUS AREA
17.4 GROWTH IN DEMAND FOR AUTONOMOUS TRACTORS IN COMING YEARS
17.5 CONCLUSION
18 APPENDIX (Page No. - 385)
18.1 INSIGHTS FROM INDUSTRY EXPERTS
18.2 DISCUSSION GUIDE
18.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
18.4 CUSTOMIZATION OPTIONS
18.4.1 FARM EQUIPMENT MARKET, BY DRIVE TYPE & COUNTRY
18.4.1.1 Asia Oceania
18.4.1.1.1 China
18.4.1.1.2 India
18.4.1.1.3 Japan
18.4.1.1.4 South Korea
18.4.1.1.5 Australia
18.4.1.1.6 Rest of Asia Oceania
18.4.1.2 Europe
18.4.1.2.1 Germany
18.4.1.2.2 France
18.4.1.2.3 UK
18.4.1.2.4 Spain
18.4.1.2.5 Russia
18.4.1.2.6 Italy
18.4.1.2.7 Poland
18.4.1.2.8 Turkey
18.4.1.2.9 Rest of Europe
18.4.1.3 North America
18.4.1.3.1 US
18.4.1.3.2 Canada
18.4.1.3.3 Mexico
18.4.1.4 Rest of the World
18.4.1.4.1 Brazil
18.4.1.4.2 Argentina
18.4.1.4.3 Others
18.4.2 ELECTRIC TRACTOR MARKET, BY POWER OUTPUT & COUNTRY
18.4.2.1 Asia Oceania
18.4.2.1.1 China
18.4.2.1.2 India
18.4.2.1.3 Japan
18.4.2.1.4 South Korea
18.4.2.1.5 Australia
18.4.2.1.6 Rest of Asia Oceania
18.4.2.2 Europe
18.4.2.2.1 Germany
18.4.2.2.2 France
18.4.2.2.3 UK
18.4.2.2.4 Spain
18.4.2.2.5 Russia
18.4.2.2.6 Italy
18.4.2.2.7 Poland
18.4.2.2.8 Turkey
18.4.2.2.9 Rest of Europe
18.4.2.3 North America
18.4.2.3.1 US
18.4.2.3.2 Canada
18.4.2.3.3 Mexico
18.4.2.4 Rest of the World
18.4.2.4.1 Brazil
18.4.2.4.2 Argentina
18.4.2.4.3 Others
18.4.3 AGRICULTURE SPRAYER MARKET, BY TYPE
18.4.3.1 Self-propelled sprayers
18.4.3.2 Tractor-mounted sprayers
18.4.3.3 Trailed sprayers
18.4.3.4 Handheld sprayers
18.4.4 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 3)
18.5 RELATED REPORTS
18.6 AUTHOR DETAILS
US $
Euro €
GBP £
