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  3. > Asia Pacific Utility Tractor Market - By Product Type, Application and Geography-Market Shares, Forecasts and Trends (2015 — 2020)

The Asia Pacific utility tractor market was XX million US$ in 2014 and expected to reach XX million US$ by 2020 growing at a CAGR of XX% during the forecasted period 2015-2020. Utility tractor are the high power operation, more compact feature and easy to use multiple functioning tractor which are used for various purpose as agriculture, landscaping, ploughing, grounds keeping. Asia pacific is the fastest growing market for agrimachinery market worldwide.

The important feature of ease in attaching and detaching of functional parts and use for multipurpose operations are diving the utility tractor market. The major driver for the market are continuous innovation in technology in agrimachinery, minimising the need for multi machinery for agriculture, increase in demand of agriculture products as a result of growing population, government subsidies for agro machinery to farmers.

The compact design, high efficiency and moderate price range among other tractors are driving the market. However the fluctuations in grain prices which led to lower farm income creates unwillingness for farmers to invest in the agriculture machineries. The availability of other similar functioning machinery for agriculture function is being a restrain for the market. The high power and energy requirement for tractors to complete the agriculture operations are also affecting the market. Growing urbanization has resulted in decrease of farmland which is also major factor affecting its market growth.

Market segmentation of utility tractors are categorised by the application type, by drive type and by geography. In the application type market is further segmented into three types as dairy field operations, hay & agriculture products operations and landscaping. Utility tractors have major applications in hay and agriculture products. The market segment by drive type includes pedestrian type and wheeled type. Wheeled type market is sub segmented into two, three and four wheel type. Wheel type utility tractor has a major market than the track type. Two wheeled tractors are extremely common in the agriculture operations worldwide and has the highest market share among others.

India, China, Japan and Australia is contributing majorly to the agrimachinery market in the region. The region is dominated by both multinational companies and various potential domestic companies with mostly of assembling lines manufacturing. The major multinational company’s investment into the region due to the availability of low labour cost is gaining competitive advantage and providing good opportunity for the market.


Key Deliverables
- Market analysis for the Asia Pacific Utility tractor Market, with region specific assessments and competition analysis on Asia Pacific and regional scales.
- Market definition along with the identification of key drivers and restraints
- Identification of factors instrumental in changing the market scenarios, rising prospective opportunities, and identification of key companies that can influence this market on a Asia Pacific and regional scale
- Extensively researched competitive landscape section with profiles of major companies along with their market shares
- Identification and analysis of the macro and micro factors that affect the Asia Pacific Utility tractor market on both Asia Pacific and regional scales
- A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information
- A wide-ranging knowledge and insights about the major players in this industry and the key strategies adopted by them to sustain and grow in the studied market
- Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

Table Of Contents

Asia Pacific Utility Tractor Market - By Product Type, Application and Geography-Market Shares, Forecasts and Trends (2015 — 2020)
1. Introduction

1.1 Key Deliverables of the study

1.2 Study Assumptions

1.3 Market Definitions

2. Research Approach and Methodology

2.1 Introduction

2.2 Research Design

2.3 Study timelines

2.4 Study Phases

2.4.1 Secondary Research

2.4.2 Discussion Guide

2.4.3 Market Engineering and Econometric Modelling

2.4.4 Expert Validation

3. KEY FINDINGS OF THE STUDY

4. MARKET OVERVIEW

4.1 Introduction

4.2 Market Dynamics

4.2.1 Drivers

4.2.1.1 Continuous innovation in agrimachinery

4.2.1.2 Growing population and need for agriproducts

4.2.1.3 Government subsidies for Farm Mechanization

4.2.1.4 Growth in adoption in developing regions

4.2.2 Constraints

4.2.2.1 Low purchasing power for farmers and high cost

4.2.2.2 High energy requirement

4.2.2.3 Growing urbanization and decreasing farmland

4.2.3 Opportunities

4.2.3.1 Shorter replacement cycle of the tractor boost the sales volume

4.2.3.2 Higher tractor penetration in the developing countries like India,China,etc

4.2.3.3 Use of tractors for non-agriculture purpose

4.2.4 Porter's Five Forces Analysis

4.2.4.1 Bargaining Power of Suppliers

4.2.4.2 Bargaining Power of Buyers

4.2.4.3 Threat of New Entrants

4.2.4.4 Threat of Substitute Products and Services

4.2.4.5 Degree of Competition

5. MARKET SEGMENTATION

5.1 By Application

5.1.1 Dairy farmland

5.1.2 Hay and agriculture products

5.1.3 Landscaping

5.2 By Drive Type

5.2.1 Pedestrian

5.2.2 Wheeled

5.2.2.1 Two wheels

5.2.2.2 Three wheelers

5.2.2.3 Four wheelers

5.3 By Geography

5.3.1 Asia-Pacific

5.3.1.1 China

5.3.1.2 Japan

5.3.1.3 India

5.3.1.4 Australia

5.3.1.5 others

6. Competitive Landscape

6.1 Mergers and Acquisitions

6.2 Joint Ventures

6.3 New Product Launches

6.4 Most active companies by market strategies

6.5 Market Share Analysis

7. Company Profiles

7.1 Deere and Company

7.2 CNH Global NV

7.3 Mahindra and Mahindra Ltd.

7.4 AGCO tractor

7.5 Farmtrac Tractor Europe

7.6 Kubota Tractor Corp

7.7 McCormick Tractors

7.8 Case IH

7.9 Deutz-Fahr

7.10 Claas Tractor

7.11 Kioti Tractor

7.12 Belarus Tractor

7.13 Agco Tractor

7.14 Massey Ferguson Tractor

7.15 Caterpillar Inc.

7.16 SAME Deutz-Fahr

7.17 Fendt

7.18 Escorts

7.19 Valtra

7.20 Massey Ferguson

7.21 Daedong-USA, Inc.

8. Appendix

8.1 Sources

8.2 Disclaimer

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