World Farm Tractors Industry

  • January 2015
  • -
  • Global Industry Analysts
  • -
  • 272 pages

This report analyzes the worldwide markets for Farm Tractors in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 54 companies including many key and niche players such as -

AGCO Corporation
CNH Industrial N.V
Deere & Company
Escorts Group.
Daedong-USA, Inc.

Table Of Contents

World Farm Tractors Industry



I. INTRODUCTION, METHODOLOGY and PRODUCT DEFINITIONS

Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation and Reporting Level I-2
Quantitative Techniques and Analytics I-3
Product Definitions and Scope of Study I-3


II. EXECUTIVE SUMMARY

1. MARKET DYNAMICS II-1
Agricultural Equipment: An Overview II-1
Table 1: Global Agricultural Machinery Production by
Geographic Region (2013): Percentage Share Breakdown of Value
Sales for China, Europe, India, Japan, Latin America, North
America and Others (includes corresponding Graph/Chart) II-2

Table 2: Leading Players in the Global Agricultural Equipment
Market (2013): Percentage Share Breakdown of Value Sales for
AGCO Corp., CNH Industrial, Deere and Co., Kubota Corp, and
Others (includes corresponding Graph/Chart) II-2

Table 3: Global Distribution of Agricultural Land Holdings by
Farm Size in Select Countries/Regions II-3
China - A Threat to Europe's Domination in Agricultural
Machinery Production? II-3
Recession in Retrospect of Agricultural Equipment Market II-3
Resurgence in Growth Fundamentals Encourages an Optimistic
Market Outlook for the Year 2014 and Beyond II-4
Table 4: World GDP (2012-2015): Breakdown of Percentage GDP
Growth by Select Country (includes corresponding Graph/Chart) II-6

Table 5: Share of Agriculture Sector in GDP (Nominal Terms)
in G20 Economies: 2013 (includes corresponding Graph/Chart) II-7
Farm Tractors: A Prelude II-7
Table 6: Global Market for Agricultural Equipment by Segment
(2013): Percentage Share Breakdown of Value Sales for Farm
Tractors, Harvesting Machinery, Parts and Attachments, and
Other Agricultural Equipment (includes corresponding
Graph/Chart) II-9
Healthy Outlook for Tractors in the Long-Term II-9
Competition: An Insight II-10
Leading Tractor Manufacturers Feel the Heat of Competition
from Asian and South American Manufacturers II-10
Global Tractors Market - Production Scenario II-10
Table 7: Production of Tractors in Select Countries for 2013
(includes corresponding Graph/Chart) II-11
Trade Statistics II-12
Table 8: Global Exports of Tractors (2013): Percentage Share
Breakdown of Export Volume by Country (includes corresponding
Graph/Chart) II-12

Table 9: Global Imports of Tractors (2013): Percentage Share
Breakdown of Import Volume by Country (includes corresponding
Graph/Chart) II-12

2. MARKET TREND/ISSUES AND GROWTH DRIVERS II-13
Expanding Global Population and Increase in Agricultural Output
to Drive Demand for Tractors II-13
Table 10: Global Population Estimates (2000-2050) (includes
corresponding Graph/Chart) II-13
Emerging Economies Drive Market Expansion II-13
Rising Demand for Energy Crops: A Business Case for Farm Tractors II-14
Table 11: Average Biofuel Yields of First Generation
Feedstocks (includes corresponding Graph/Chart) II-15
Global Biofuel Blending Targets II-15
Table 12: World Biofuels (Bioethanol and Biodiesel) Market -
Percentage Breakdown of Gallon Consumption by Geographic
Region for US, Canada, Japan, Europe, Asia-Pacific, Latin
America, and Rest of World for 2014 and 2018 (includes
corresponding Graph/Chart) II-16
Increasing Mechanization of Farming Practices Drives Sales of
Tractors` II-16
Focus on Precision Farming Lends Traction to Tractor Sales II-17
Technological Innovations in Farming Equipment Lead the Way II-17
Technologically Advanced Tractors Gain Prominence in
Developed Markets II-17
Comfort Features: An Important Value Addition Gaining Traction II-18
Alternative Fuel Tractors: An Important Product Development
in the Coming Years II-18
Small Tractors Gain Ground in Developing Regions II-19

3. PRODUCT OVERVIEW II-20
Agricultural Equipment II-20
Tractors II-20
Farm Tractors II-20
Different Types of Farm Tractors II-21
Compact Utility Tractors II-21
Utility Tractors II-21
Specialty tractors II-21
Garden Tractors II-21
Farming Practices II-21
Large-Scale, Capital-Intensive Farming II-21
Medium-Scale Farming II-21
Small-Scale Farming II-21

4. PRODUCT INNOVATIONS/INTRODUCTIONS II-22
Mahindra Tractors Unveils Arjun 605 MAT, CRDe Tractor II-22
CLAAS to Launch XERION Tractors II-22
Mahindra Introduces Arjun Novo II-22
Case IH Launches Magnum Rowtrac II-22
John Deere Reveals 9R/9RT Tractor Lines II-22
Fendt Unveils 700 Series II-22
Mahindra and Mahindra's Swaraj Division Unveils New Line of
Tractors II-22
SAME Deutz-Fahr Introduces Lamborghini Line of Tractors for India II-23
Escorts to Launch 80HP Range of Tractors for Europe II-23
Mahindra and Mahindra Unveils Yuvraj 125 Range of Mini Tractors II-23
Escorts Introduces Steeltrac, Specialty Tractor II-23
AGCO Launches MT700E Series II-23
Massey Ferguson to Unveil 6600 Series II-23
KIOTI Unveils RX6010PC Tractor Model II-23
Valtra Introduces N103 and N93 Tractors II-24
Kubota Introduces New Grand X Tractors II-24
Mahindra and Mahindra Rolls out New Mahindra 395 DI Super Turbo II-24
Mahindra and Mahindra Launches Bhoomiputra 265 Powerplus
Hydraulic System II-24
New Holland Fiat Introduces SKY WATCH GPS/GPRS Technology for
Tractors II-24
KIOTI Announces Entry into Subcompact Tractor Segment with CS2410 II-24
Escorts Introduces Premium Tractors II-24
John Deere Adds Three New Versatile Models to Company's 6R
Series Tractors Portfolio II-25
Fendt Launches Fendt 900 Series Vario Tractors II-25
Mahindra Launches Company's Most Powerful 9200-4WD Tractor for
International Markets II-25
Kubota Tractor Launches Advanced M-Series Tractors II-25
Massey Ferguson Launches 9500 Series Combines and 7600 Series
Tractors II-25

5. RECENT INDUSTRY ACTIVITY II-26
Shriram Automall Partners New Holland II-26
International Tractors to Increase Sonalika Production Capacity II-26
Toyota Forays into Tractor Business in Kenya II-26
New Holland to Establish Tractor Unit in Maharashtra II-26
Deere Starts Construction of Second Indian Tractor Factory II-26
AGCO to Establish Joint Venture Enterprise Algerian Tractor
Companies II-26
Case IH Inks Lease Agreement with Forest Preserve District II-27
TAFE and Captain Tractors Enter into Strategic Agreement II-27
Deere to Boost Capacity at Iowa Tractor Plant II-27

6. FOCUS ON SELECT PLAYERS II-28
AGCO Corporation (US) II-28
CNH Industrial N.V. (UK) II-28
New Holland Fiat (India) Pvt. Ltd. (India) II-29
Steyr Landmaschinentechnik AG (Austria) II-29
Deere and Company (John Deere) (US) II-29
Escorts Group (India) II-30
Daedong-USA, Inc. (US) II-30
Kubota Corporation (Japan) II-31
Mahindra Group (India) II-31
Same Deutz-Fahr Group (Italy) II-32
Tractors and Farm Equipment Ltd. (TAFE) (India) II-33

7. GLOBAL MARKET PERSPECTIVE II-34
Table 13: World Recent Past, Current and Future Analysis for
Farm Tractors by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Africa,
and Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2014 through 2020
(includes corresponding Graph/Chart) II-34

Table 14: World Historic Review for Farm Tractors by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2007 through 2013 (includes
corresponding Graph/Chart) II-35

Table 15: World 14-Year Perspective for Farm Tractors by
Geographic Region - Percentage Breakdown of Dollar Sales for
US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Middle East and Africa, and Latin America Markets for Years
2007, 2015 and 2020 (includes corresponding Graph/Chart) II-36

Table 16: World Recent Past, Current and Future Analysis for
Farm Tractors by Geographic Region - US, Canada, Japan,
Europe, Asia-Pacific (excluding Japan), Middle East and Africa,
and Latin America Markets Independently Analyzed with Annual
Sales Figures in Thousand Units for Years 2014 through 2020
(includes corresponding Graph/Chart) II-37

Table 17: World Historic Review for Farm Tractors by
Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Middle East and Africa, and Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Units for Years 2007 through 2013 (includes
corresponding Graph/Chart) II-38

Table 18: World 14-Year Perspective for Farm Tractors by
Geographic Region - Percentage Breakdown of Unit Sales for US,
Canada, Japan, Europe, Asia-Pacific (excluding Japan), Middle
East and Africa, and Latin America Markets for Years 2007, 2015 and
2020 (includes corresponding Graph/Chart) II-39


III. MARKET

1. THE UNITED STATES III-1
A.Market Analysis III-1
Outlook III-1
Value Analysis III-1
Volume Analysis III-1
Major Factors Influencing Farm Equipment Purchases III-1
Major Trends III-2
High Potential for Replacement Sales of High HP Tractors III-2
Table 19: US Farm Tractor Fleet by Power Categories
(2007): Breakdown of Number of Tractor Fleet Utilized in
Farms with Horsepower of 100 HP and Above, 40 to 99 HP,
and Less than 40 HP (in Thousand Units) (includes
corresponding Graph/Chart) III-2
Agricultural Machinery Manufacturers Keep Tight Rein on
Inventory III-2
Government Incentives Boost Sales of Agricultural Equipment III-3
Robots to Drive Farm Tractors and Combines III-3
Sales of High Horsepower Tractors on Rise III-3
Buyer Focus on Functionality and Comfort on the Rise III-4
Agricultural Machinery Exports Recovers Post Recession III-4
Table 20: US Exports of Agricultural Machinery by Country
in US$ Million (2013) (includes corresponding Graph/Chart) III-5
Competitive Scenario III-5
Table 21: Leading Players in the US Agricultural Equipment
Market (2013): Percentage Share Breakdown of Value Sales
for AGCO Corporation, CNH Industrial NV, Deere and Company,
Kubota Corporation, and Others (includes corresponding
Graph/Chart) III-5
Key Statistics III-6
Table 22: North American Market for Agricultural Equipment
by Segment (2013): Percentage Share Breakdown of Value
Sales for Farm Tractors, Harvesting Machinery, Parts and
Attachments, and Other Agricultural Equipment (includes
corresponding Graph/Chart) III-6

Table 23: US Market for Farm Tractors by Type (2014E):
Percentage Share Breakdown of Volume Sales for 2WD Farm
Tractors ( Tractors (includes corresponding Graph/Chart) III-6

Table 24: Planted Acreage in the US: 2012-2014 (in Million
acres) (includes corresponding Graph/Chart) III-6

Table 25: Average Farm Size in the US: 2004-2013 (in Acres)
(includes corresponding Graph/Chart) III-7

Table 26: Number of Farms in the US: 2004-2013 (in
Thousands) (includes corresponding Graph/Chart) III-7
Product Introductions III-8
Strategic Corporate Developments III-9
Key Players III-10
B.Market Analytics III-12
Value Analytics III-12
Table 27: US Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-12

Table 28: US Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-13
Volume Analytics III-14
Table 29: US Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-14

Table 30: US Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-14

2. CANADA III-15
A.Market Analysis III-15
Outlook III-15
Value Analysis III-15
Volume Analysis III-15
Canadian Manufacturers Profit from Bustling Tractor Sales III-15
Small Farmers Grab a Sizable Chunk of Agricultural Equipment
Sales III-15
Key Statistics III-16
Table 31: Average Farm Size (in Acres) in Canada by
Province: 2011 (includes corresponding Graph/Chart) III-16

Table 32: Number of Farms in Canada by Province: 2011
(includes corresponding Graph/Chart) III-16
B.Market Analytics III-17
Value Analytics III-17
Table 33: Canadian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-17

Table 34: Canadian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-18
Volume Analytics III-19
Table 35: Canadian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-19

Table 36: Canadian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-19

3. JAPAN III-20
A.Market Analysis III-20
Outlook III-20
Value Analysis III-20
Volume Analysis III-20
Recession Impact III-20
Product Introduction III-20
Kubota Corporation - Key Player III-21
B.Market Analytics III-22
Value Analytics III-22
Table 37: Japanese Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-22

Table 38: Japanese Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-23
Volume Analytics III-24
Table 39: Japanese Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-24

Table 40: Japanese Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-24

4. EUROPE III-25
A.Market Analysis III-25
Outlook III-25
Value Analysis III-25
Volume Analysis III-25
Overview of European Agricultural Machinery Market III-25
Table 41: European Agricultural Machinery Market (2013):
Percentage Share Breakdown by Production Volume by
Geographic Region - Austria, France, Germany, Italy,
Netherlands, Poland, UK and Others (includes corresponding
Graph/Chart) III-26

Table 42: Total Agricultural Area (‘000 ha) in Select
European Nations for 2012 (includes corresponding
Graph/Chart) III-26

Table 43: Number of Agricultural Farm Businesses (‘000
Units) in Select European Nations for 2012 (includes
corresponding Graph/Chart) III-27
Impact of Recession on Agricultural Machinery Market III-27
Tractors, the Largest Product Category in Europe III-27
Table 44: European Market for Tractors >37 Kw by Select
Nations (2013): Percentage Share Breakdown of New
Registrations (includes corresponding Graph/Chart) III-28
A Highly Concentrated Market III-28
Table 45: Leading Players in the European Market for
Agricultural Equipment (2013): Percentage Breakdown of
Volume Sales AGCO, CNH Industrial, Deere, and Others
(includes corresponding Graph/Chart) III-29
Panorama of Tractor Technology Trends in Europe III-29
Key Statistics III-30
Table 46: Western European Market for Agricultural
Equipment by Segment (2013): Percentage Share Breakdown of
Value Sales for Farm Tractors, Harvesting Machinery, Parts
and Attachments, and Other Agricultural Equipment (includes
corresponding Graph/Chart) III-30
Product Launch III-30
B.Market Analytics III-31
Value Analytics III-31
Table 47: European Recent Past, Current and Future Analysis
for Farm Tractors by Geographic Region - France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in US$
Million for Years 2014 through 2020 (includes corresponding
Graph/Chart) III-31

Table 48: European Historic Review for Farm Tractors by
Geographic Region - France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2007
through 2013 (includes corresponding Graph/Chart) III-32

Table 49: European 14-Year Perspective for Farm Tractors by
Geographic Region - Percentage Breakdown of Dollar Sales
for France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets for Years 2007, 2015 and 2020 (includes
corresponding Graph/Chart) III-33
Volume Analytics III-34
Table 50: European Recent Past, Current and Future Analysis
for Farm Tractors by Geographic Region - France, Germany,
Italy, UK, Spain, Russia and Rest of Europe Markets
Independently Analyzed with Annual Sales Figures in
Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-34

Table 51: European Historic Review for Farm Tractors by
Geographic Region - France, Germany, Italy, UK, Spain,
Russia and Rest of Europe Markets Independently Analyzed
with Annual Sales Figures in Thousand Units for Years 2007
through 2013 (includes corresponding Graph/Chart) III-35

Table 52: European 14-Year Perspective for Farm Tractors by
Geographic Region - Percentage Breakdown of Unit Sales for
France, Germany, Italy, UK, Spain, Russia and Rest of
Europe Markets for Years 2007, 2015 and 2020 (includes
corresponding Graph/Chart) III-36

4a. FRANCE III-37
A.Market Analysis III-37
Outlook III-37
Value Analysis III-37
Volume Analysis III-37
B.Market Analytics III-37
Value Analytics III-37
Table 53: French Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-37

Table 54: French Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-38
Volume Analytics III-39
Table 55: French Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-39

Table 56: French Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-39

4b. GERMANY III-40
A.Market Analysis III-40
Outlook III-40
Value Analysis III-40
Volume Analysis III-40
Agricultural Machinery Market III-40
Table 57: German Market for Agricultural Equipment by
Product Segment (2013): Percentage Share Breakdown of Value
Sales Agricultural Trailers, Agriculture Conveyor
Equipment, Harvest Equipment, Soil Working Equipment,
Sowing and Fertilizing Equipment, Tractors, and Others
(includes corresponding Graph/Chart) III-40

Table 58: Leading Players in the German Tractors Market
(2013): Percentage Share Breakdown of Volume Sales for Case
IH, Claas, Deere, Deutz-Fahr, Fendt, Kubota, New Holland,
and Others (includes corresponding Graph/Chart) III-41
Product Launch III-41
B.Market Analytics III-42
Value Analytics III-42
Table 59: German Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-42

Table 60: German Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-43
Volume Analytics III-44
Table 61: German Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-44

Table 62: German Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-44

4c. ITALY III-45
A.Market Analysis III-45
Outlook III-45
Value Analysis III-45
Volume Analysis III-45
Italian Agricultural Machinery Market - An Overview III-45
B.Market Analytics III-46
Value Analytics III-46
Table 63: Italian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-46

Table 64: Italian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-47
Volume Analytics III-48
Table 65: Italian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-48

Table 66: Italian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-48

4d. THE UNITED KINGDOM III-49
A.Market Analysis III-49
Outlook III-49
Value Analysis III-49
Volume Analysis III-49
UK Agricultural Equipment Market Stages Strong Comeback III-49
Table 67: Leading Players in the UK Tractor Market (2013):
Percentage Breakdown of Tractor Unit Registrations for
AGCO, AgriArgo, Case IH, Claas, John Deere, Kubota, New
Holland, Same Deutz-Fahr, and Others (includes
corresponding Graph/Chart) III-49
Product Introduction III-50
CNH Industrial N.V. - Key Player III-50
B.Market Analytics III-51
Value Analytics III-51
Table 68: UK Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-51

Table 69: UK Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-52
Volume Analytics III-53
Table 70: UK Recent Past, Current and Future Analysis for
Farm Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-53

Table 71: UK Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-53

4e. SPAIN III-54
A.Market Analysis III-54
Outlook III-54
Value Analysis III-54
Volume Analysis III-54
B.Market Analytics III-54
Value Analytics III-54
Table 72: Spanish Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-54

Table 73: Spanish Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-55
Volume Analytics III-56
Table 74: Spanish Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-56

Table 75: Spanish Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-56

4f. RUSSIA III-57
A.Market Analysis III-57
Outlook III-57
Value Analysis III-57
Volume Analysis III-57
An Overview of the Russian Farm Equipment Market III-57
Table 76: Russian Market for Farm Tractors by Type (2013):
Percentage Share Breakdown of Retail Unit Sales for 2WD
Farm Tractors ( Farm Tractors (includes corresponding Graph/Chart) III-58
B.Market Analytics III-58
Value Analytics III-58
Table 77: Russian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-58

Table 78: Russian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-59
Volume Analytics III-60
Table 79: Russian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-60

Table 80: Russian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-60

4g. REST OF EUROPE III-61
A.Market Analysis III-61
Outlook III-61
Value Analysis III-61
Volume Analysis III-61
Focus on Select Regional Markets III-61
Turkish Tractor Production Rises Up from Recession III-61
Bright Prospects for Ukraine's Tractor Machinery Market III-61
Competitive Scenario III-62
Polish Market Suffers Setback in 2013 III-62
Product Introduction III-63
Key Player III-63
B.Market Analytics III-64
Value Analytics III-64
Table 81: Rest of Europe Recent Past, Current and Future
Analysis for Farm Tractors Market Analyzed with Annual
Sales Figures in US$ Million for Years 2014 through 2020
(includes corresponding Graph/Chart) III-64

Table 82: Rest of Europe Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in US$ Million
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-65
Volume Analytics III-66
Table 83: Rest of Europe Recent Past, Current and Future
Analysis for Farm Tractors Market Analyzed with Annual
Sales Figures in Thousand Units for Years 2014 through 2020
(includes corresponding Graph/Chart) III-66

Table 84: Rest of Europe Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in Thousand Units
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-67

5. ASIA-PACIFIC III-68
A.Market Analysis III-68
Outlook III-68
Value Analysis III-68
Volume Analysis III-68
India and China: Potential Laden Markets III-68
Table 85: Ten Largest Populated Countries in Asia-Pacific
(2014): (includes corresponding Graph/Chart) III-69

Table 86: Asia-Pacific Agricultural Equipment Market
(2013): Percentage Share Breakdown of Value Sales for Farm
Tractors, Harvesting Machinery, Parts and Attachments, and
Other Agricultural Equipment (includes corresponding
Graph/Chart) III-69
B.Market Analytics III-70
Value Analytics III-70
Table 87: Asia-Pacific Recent Past, Current and Future
Analysis for Farm Tractors by Geographic Region -
Australia, China, India, South Korea, and Rest of
Asia-Pacific Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2014 through 2020
(includes corresponding Graph/Chart) III-70

Table 88: Asia-Pacific Historic Review for Farm Tractors by
Geographic Region - Australia, China, India, South Korea,
and Rest of Asia-Pacific Markets Independently Analyzed
with Annual Sales Figures in US$ Million for Years 2007
through 2013 (includes corresponding Graph/Chart) III-71

Table 89: Asia-Pacific 14-Year Perspective for Farm
Tractors by Geographic Region - Percentage Breakdown of
Dollar Sales for Australia, China, India, South Korea, and
Rest of Asia-Pacific for Years 2007, 2015 and 2020 (includes
corresponding Graph/Chart) III-72
Volume Analytics III-73
Table 90: Asia-Pacific Recent Past, Current and Future
Analysis for Farm Tractors by Geographic Region -
Australia, China, India, South Korea, and Rest of
Asia-Pacific Markets Independently Analyzed with Annual
Sales Figures in Thousand Units for Years 2014 through 2020
(includes corresponding Graph/Chart) III-73

Table 91: Asia-Pacific Historic Review for Farm Tractors by
Geographic Region - Australia, China, India, South Korea,
and Rest of Asia-Pacific Markets Independently Analyzed
with Annual Sales Figures in Thousand Units for Years 2007
through 2013 (includes corresponding Graph/Chart) III-74

Table 92: Asia-Pacific 14-Year Perspective for Farm
Tractors by Geographic Region - Percentage Breakdown of
Unit Sales for Australia, China, India, South Korea, and
Rest of Asia-Pacific Markets for Years 2007, 2015 and 2020
(includes corresponding Graph/Chart) III-75

5a. AUSTRALIA III-76
A.Market Analysis III-76
Outlook III-76
Value Analysis III-76
Volume Analysis III-76
B.Market Analytics III-76
Value Analytics III-76
Table 93: Australian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-76

Table 94: Australian Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in US$ Million
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-77
Volume Analytics III-78
Table 95: Australian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-78

Table 96: Australian Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in Thousand Units
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-78

5b. CHINA III-79
A.Market Analysis III-79
Outlook III-79
Value Analysis III-79
Volume Analysis III-79
Overview III-79
Chinese Tractor Exports Surge in the Face of Recession III-79
Chinese Agricultural Equipment Sales to Skyrocket III-79
Table 97: Chinese Farm Equipment Market (2013): Percentage
Share Breakdown of Value Sales by Segment for Farm
Tractors, Harvesting Machinery, Parts and Attachments,
Plowing and Cultivating Machinery, and Other Agricultural
Equipment (includes corresponding Graph/Chart) III-80
Government's Initiatives to Boost Domestic Agricultural
Machinery Sector III-80
B.Market Analytics III-81
Value Analytics III-81
Table 98: Chinese Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-81

Table 99: Chinese Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-82
Volume Analytics III-83
Table 100: Chinese Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-83

Table 101: Chinese Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-83

5c. INDIA III-84
A.Market Analysis III-84
Outlook III-84
Value Analysis III-84
Volume Analysis III-84
Small Tractors Gain Market III-84
Table 102: Leading Players in the Indian Farm Tractors
Market (2014E): Percentage Share Breakdown of Volume Sales
for Escorts, John Deere, MandM, New Holland, TAFE, and Others
(includes corresponding Graph/Chart) III-85
Government Initiatives to Benefit Market III-85
Overview of Agricultural Mechanization in India III-85
Table 103: Power Utilization in Kilowatt Per Hectare in
Indian Agricultural Sector (1980, 2000 and 2020) (includes
corresponding Graph/Chart) III-86

Table 104: Power Sources in Indian Agricultural Sector by
Type (2010 and 2020): Percentage Breakdown of Power
Contributed by Tractors, Engine Motors, Diesel Engines,
Agricultural Labor, Draught Animals, and Power Tillers
(includes corresponding Graph/Chart) III-87
Threats to Agricultural Equipment Sector III-87
Competitive Scenario III-88
Farm Equipment Sales Spike Due to Subsidies and Dearth of
Workers III-88
Indian Tractor Market Maintains Winning Streak III-89
Low Penetration of Tractors and Accessories Presents
Opportunity for Growth III-90
Table 105: Indian Agricultural Equipment Market (2013):
Percentage Penetration of Select Agricultural Equipment
for Forage Harvesters, Horticultural Implements, Manual
Plant Protection Devices, Potato Diggers, Power Tillers,
Power-Driven Plant Protection Devices, Sprinklers and Drip
Irrigation Systems, Straw Reapers, Tractor-Driven
Cultivator, Tractor-Driven Disc Harrows, Tractor-Driven
Levelers, Tractor-Driven Rotavators, and Tractors Per 1000
Hectares of Land (includes corresponding Graph/Chart) III-91
Capacity Expansion Poses Challenge for Existing Players III-92
Tractor Manufacturers Keenly Eye Growth in Niche Power
Segments III-92
Table 106: Indian Tractor Sales by Horsepower (HP)
Categories (2013): Percentage Share Breakdown of Unit
Sales for Tractors of Below 21 HP, 21 to 30 HP, 31 to 40
HP, 41 to 50 HP, and Above 50 HP (includes corresponding
Graph/Chart) III-92

Table 107: Penetration of Tractors among Indian Farmers by
Size of Land Holding (2013): Penetration Percentage for
Large Farmers, Medium Farmers and Small and Marginal Farmers
with Corresponding Land Holdings and Percentage Share of
Farmer Population (includes corresponding Graph/Chart) III-93
Product Introductions III-94
Strategic Corporate Developments III-95
Key Players III-96
B.Market Analytics III-99
Value Analytics III-99
Table 108: Indian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in US$ Million for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-99

Table 109: Indian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in US$ Million for Years
2007 through 2013 (includes corresponding Graph/Chart) III-100
Volume Analytics III-101
Table 110: Indian Recent Past, Current and Future Analysis
for Farm Tractors Market Analyzed with Annual Sales Figures
in Thousand Units for Years 2014 through 2020 (includes
corresponding Graph/Chart) III-101

Table 111: Indian Historic Review for Farm Tractors Market
Analyzed with Annual Sales Figures in Thousand Units for
Years 2007 through 2013 (includes corresponding
Graph/Chart) III-101

5d. SOUTH KOREA III-102
A.Market Analysis III-102
Outlook III-102
Value Analysis III-102
Volume Analysis III-102
B.Market Analytics III-102
Value Analytics III-102
Table 112: South Korean Recent Past, Current and Future
Analysis for Farm Tractors Market Analyzed with Annual
Sales Figures in US$ Million for Years 2014 through 2020
(includes corresponding Graph/Chart) III-102

Table 113: South Korean Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in US$ Million
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-103
Volume Analytics III-104
Table 114: South Korean Recent Past, Current and Future
Analysis for Farm Tractors Market Analyzed with Annual
Sales Figures in Thousand Units for Years 2014 through 2020
(includes corresponding Graph/Chart) III-104

Table 115: South Korean Historic Review for Farm Tractors
Market Analyzed with Annual Sales Figures in Thousand Units
for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-104

5e. REST OF ASIA-PACIFIC III-105
A.Market Analysis III-105
Outlook III-105
Value Analysis III-105
Volume Analysis III-105
Focus on Select Regional Markets III-105
Philippines III-105
Government Programs Pushes Forward Agricultural Mechanization III-105
Table 116: PhilMech Target for Agricultural Mechanization
for 2012-2016 (includes corresponding Graph/Chart) III-106
Vietnam III-106
Uptake of Farming Equipment Rises Rapidly III-106
Table 117: Vietnamese Farm Tractor Utilization by Power
Segments (2013): Percentage Breakdown of Tractors with
Horsepower of Below 12 HP, 12 to 35 HP, and Above 35 HP
(includes corresponding Graph/Chart) III-107

Table 118: Percentage Level of Mechanization in Various
Activities in Vietnamese Agricultural Sector (2013)
(includes corresponding Graph/Chart) III-107
Chinese Imports Excel Vietnamese Farm Equipment Market III-108
Cambodia III-108
Agricultural Mechanization: Still a Long Way to Go III-108
Challenges for Agricultural Mechanization III-108
Growth Drivers for Agricultural Mechanization III-108
B.Market Analytics III-109
Value Analytics III-109
Table 119: Rest of Asia-Pacific Recent Past, Current and
Future Analysis for Farm Tractors Market Analyzed with
Annual Sales Figures in US$ Million for Years 2014 through
2020 (includes corresponding Graph/Chart) III-109

Table 120: Rest of Asia-Pacific Historic Review for Farm
Tractors Market Analyzed with Annual Sales Figures in US$
Million for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-110
Volume Analytics III-111
Table 121: Rest of Asia-Pacific Recent Past, Current and
Future Analysis for Farm Tractors Market Analyzed with
Annual Sales Figures in Thousand Units for Years 2014
through 2020 (includes corresponding Graph/Chart) III-111

Table 122: Rest of Asia-Pacific Historic Review for Farm
Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2007 through 2013 (includes
corresponding Graph/Chart) III-112

6. MIDDLE EAST and AFRICA III-113
A.Market Analysis III-113
Outlook III-113
Value Analysis III-113
Volume Analysis III-113
South Africa III-113
Overview of South African Farm Tractor Market III-113
Strategic Corporate Development III-114
B.Market Analytics III-114
Value Analytics III-114
Table 123: Middle East and Africa Recent Past, Current and
Future Analysis for Farm Tractors Market Analyzed with
Annual Sales Figures in US$ Million for Years 2014 through
2020 (includes corresponding Graph/Chart) III-114

Table 124: Middle East and Africa Historic Review for Farm
Tractors Market Analyzed with Annual Sales Figures in US$
Million for Years 2007 through 2013 (includes corresponding
Graph/Chart) III-115
Volume Analytics III-116
Table 125: Middle East and Africa Recent Past, Current and
Future Analysis for Farm Tractors Market Analyzed with
Annual Sales Figures in Thousand Units for Years 2014
through 2020 (includes corresponding Graph/Chart) III-116

Table 126: Middle East and Africa Historic Review for Farm
Tractors Market Analyzed with Annual Sales Figures in
Thousand Units for Years 2007 through 2013 (includes
corresponding Graph/Chart) III-117

7. LATIN AMERICA III-118
A.Market Analysis III-118
Outlook III-118
Value Analysis III-118
Volume Analysis III-118
B.Market Analytics III-119
Value Analytics III-119
Table 127: Latin American Recent Past, Current and Future
Analysis for Farm by Geographic Region - Brazil and Rest of
Latin America Markets Independently Analyzed with Annual
Sales Figures in US$ Million for Years 2014 through 2020
(includes corresponding Graph/Chart) III-119

Table 128: Latin American Historic Review for Farm Tractors
by Geographic Region - Brazil and Rest of Latin America
Markets Independently Analyzed with Annual Sales Figures in
US$ Million for Years 2007 through 2013 (includes
corresponding Graph/Chart) III-120

Table 129: Latin American 14-Year Perspective for Farm
Tractors by Geographic Region - Percentage Breakdown of
Dollar Sales for Brazil and Rest of Latin America Markets
for Years 2007, 2015 and 2020 (includes corresponding
Graph/Chart) III-121
Volume Analytics III-122
Table 130: Latin American Recent Past, Current and Future
Analysis for Farm by Geographic Region - Brazil and Rest of
Latin America Markets Independently Analyzed with Annual
Sales Figures in Thousand Units for Years 2014 through 2020
(includes corresponding Graph/Chart) III-122

Table 131: Latin American Historic Review for Farm Tractors
by Geographic Region - Brazil and Rest of Latin America
Markets Independently Analyzed with Annual Sales Figures in
Thousand Units for Years 2007 through 2013 (includes
corresponding Graph/Chart) III-123

View This Report »

Find all the market research you need - instantly, in one place.

+1.2 Million Research Documents & Statistics +200,000 Trusted Public Sources 350 Industries With Global Coverage

24/7 Customer Support

Talk to Amrita

+1 718 303 2019

Purchase Reports From Reputable Market Research Publishers

Agricultural and Forestry Tractor Markets in the World to 2019 - Market Size, Development, and Forecasts

Agricultural and Forestry Tractor Markets in the World to 2019 - Market Size, Development, and Forecasts

  • $ 22 065
  • Industry report
  • May 2015
  • by Global Research & Data Services Oy

The expansion of the global agricultural and forestry tractor industry is forecast to reach 2.9% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 4.0%. ...

Agricultural and Forestry Tractor Markets in Europe to 2019 - Market Size, Development, and Forecasts

Agricultural and Forestry Tractor Markets in Europe to 2019 - Market Size, Development, and Forecasts

  • $ 12 090
  • Industry report
  • May 2015
  • by Global Research & Data Services Oy

The industry report package Agricultural and Forestry Tractor Markets in Europe to 2019 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, ...

Agricultural and Forestry Tractor Markets in Eastern Europe to 2019 - Market Size, Development, and Forecasts

Agricultural and Forestry Tractor Markets in Eastern Europe to 2019 - Market Size, Development, and Forecasts

  • $ 8 366
  • Industry report
  • May 2015
  • by Global Research & Data Services Oy

The industry report package Agricultural and Forestry Tractor Markets in Eastern Europe to 2019 - Market Size, Development, and Forecasts offers the most up-to-date market data on the actual market situation, ...


ReportLinker is an award-winning market research solution that finds, filters and organizes the latest industry data so you get all the market research you need - quickly, in one place.