A tractor is an engineering vehicle specifically designed to deliver at a high tractive effort at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
The continual development witnessed in the global agricultural industry is estimated to drive the growth prospects for the global tractor engines market in the forthcoming years. Some of the major factors contributing to this development include increasing global population and advancements made in the field of modern farming techniques. The governments of various economies are also increasingly taking initiatives to encourage farmers to use modern techniques of farming that can improve the productivity, which will consequently drive the demand for tractor engines in the coming years.
APAC was the major revenue contributor to the market during 2017. According to this industry research report, the region is anticipated to continue to account for the maximum market share until the end of 2023 where countries such as China and India is expected to be the major contributors to the market revenue.
In 2019, the market size of Tractor Engines is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Tractor Engines.
This report studies the global market size of Tractor Engines, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Tractor Engines production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Caterpillar
Perkins
John Deere
Mahindra&Mahindra
V.S.T Tillers Tractors
John Deere
Cummins
DEUTZ
Weichai
Case New Holland
Massey Ferguson
Market Segment by Product Type
Below 50KW
50KW-120KW
Above 120KW
Market Segment by Application
Walking Tractors
Wheeled Tractors
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Tractor Engines status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Tractor Engines manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Tractor Engines are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Tractor Engines. Industry analysis & Market Report on Tractor Engines is a syndicated market report, published as Global (United States, European Union and China) Tractor Engines Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Tractor Engines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.