The agricultural tractors are used for pulling or pushing agricultural machinery or trailers to mechanize farming activities and achieve better yield. Various machinery such as tillage, planter, or fertilizer sprayers attached to the tractor minimize the time required and perform the task more efficiently.
MARKET SCOPE
The "Global Agricultural Tractors Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global agricultural tractors market trend analysis. The report aims to provide an overview of the agricultural tractors market with detailed market segmentation by power output, by drive type, by equipment type, by function and by type. The report provides key statistics on the market status of the leading agricultural tractors market players and offers key trends and opportunities in the automotive heat shield market.
MARKET SEGMENTATION
- The global agricultural tractors market is segmented on the basis of by power output, by drive type, by equipment type, by function and by type.
- Based on power output, the market is segmented by 250 hp.
- Based on drive type the market is segmented as two-wheel drive and four-wheel drive.
- Basis of equipment type the market is segmented as combines, balers and sprayers.
- On the basis of function type the market is segmented as plowing & cultivating, plant protection & fertilizing, harvesting & threshing commercial vehicle.
- Based on type the market is segmented as tractors and combines.
MARKET DYNAMICS
Drivers:
- Increasing need for productivity and the growing adoption of smart farming
- Rising demand for agricultural machinery in the agricultural industry
Restraints:
- Rapidly changing emission norms and mandates.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The agriculture tractors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the agriculture tractors market in these regions.
IMPACT OF COVID-19 ON AGRICULTURE TRACTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The agriculture tractors market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the agriculture tractors market in these regions.
IMPACT OF COVID-19 ON AGRICULTURE TRACTORS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the agriculture tractors market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Agriculture tractors market market are anticipated to lucrative growth opportunities in the future with the rising demand for Agriculture tractors market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the agriculture tractors market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGCO Corporation
- Caterpillar Inc.
- CLAAS KGaA mbH
- Deere & Company.
- ISEKI & CO., LTD.
- JCP
- Kubota Agricultural Machinery India.
- Mahindra & Mahindra Ltd.
- MASSEY FERGUSON®
- YANMAR CO., LTD.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Agriculture Tractors Market - By Power Output
1.3.2 Agriculture Tractors Market - By Drive Type
1.3.3 Agriculture Tractors Market - By Equipment Type
1.3.4 Agriculture Tractors Market - By Function Type
1.3.5 Agriculture Tractors Market - By Type
1.3.6 Agriculture Tractors Market - By Region
1.3.6.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AGRICULTURE TRACTORS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AGRICULTURE TRACTORS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AGRICULTURE TRACTORS MARKET - GLOBAL MARKET ANALYSIS
6.1. AGRICULTURE TRACTORS - GLOBAL MARKET OVERVIEW
6.2. AGRICULTURE TRACTORS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AGRICULTURE TRACTORS MARKET - REVENUE AND FORECASTS TO 2028 - POWER OUTPUT
7.1. OVERVIEW
7.2. POWER OUTPUT MARKET FORECASTS AND ANALYSIS
7.3. LESS THAN 30 HP
7.3.1. Overview
7.3.2. Less Than 30 HP Market Forecast and Analysis
7.4. HP,31-70 HP
7.4.1. Overview
7.4.2. hp,31-70 Hp Market Forecast and Analysis
7.5. 71-130 HP
7.5.1. Overview
7.5.2. 71-130 Hp Market Forecast and Analysis
7.6. 131-250 HP
7.6.1. Overview
7.6.2. 131-250 Hp Market Forecast and Analysis
7.7. ABOVE 250 HP
7.7.1. Overview
7.7.2. Above 250 Hp Market Forecast and Analysis
8. AGRICULTURE TRACTORS MARKET - REVENUE AND FORECASTS TO 2028 - DRIVE TYPE
8.1. OVERVIEW
8.2. DRIVE TYPE MARKET FORECASTS AND ANALYSIS
8.3. TWO-WHEEL DRIVE
8.3.1. Overview
8.3.2. Two-Wheel Drive Market Forecast and Analysis
8.4. FOUR-WHEEL DRIVE
8.4.1. Overview
8.4.2. Four-Wheel Drive Market Forecast and Analysis
9. AGRICULTURE TRACTORS MARKET - REVENUE AND FORECASTS TO 2028 - EQUIPMENT TYPE
9.1. OVERVIEW
9.2. EQUIPMENT TYPE MARKET FORECASTS AND ANALYSIS
9.3. COMBINES
9.3.1. Overview
9.3.2. Combines Market Forecast and Analysis
9.4. BALERS
9.4.1. Overview
9.4.2. Balers Market Forecast and Analysis
9.5. SPRAYERS
9.5.1. Overview
9.5.2. Sprayers Market Forecast and Analysis
10. AGRICULTURE TRACTORS MARKET - REVENUE AND FORECASTS TO 2028 - FUNCTION TYPE
10.1. OVERVIEW
10.2. FUNCTION TYPE MARKET FORECASTS AND ANALYSIS
10.3. PLOWING CULTIVATING
10.3.1. Overview
10.3.2. Plowing Cultivating Market Forecast and Analysis
10.4. PLANT PROTECTION FERTILIZING
10.4.1. Overview
10.4.2. Plant Protection Fertilizing Market Forecast and Analysis
10.5. HARVESTING THRESHING
10.5.1. Overview
10.5.2. Harvesting Threshing Market Forecast and Analysis
11. AGRICULTURE TRACTORS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
11.1. OVERVIEW
11.2. TYPE MARKET FORECASTS AND ANALYSIS
11.3. TRACTORS
11.3.1. Overview
11.3.2. Tractors Market Forecast and Analysis
11.4. COMBINES
11.4.1. Overview
11.4.2. Combines Market Forecast and Analysis
12. AGRICULTURE TRACTORS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
12.1. NORTH AMERICA
12.1.1 North America Agriculture Tractors Market Overview
12.1.2 North America Agriculture Tractors Market Forecasts and Analysis
12.1.3 North America Agriculture Tractors Market Forecasts and Analysis - By Power Output
12.1.4 North America Agriculture Tractors Market Forecasts and Analysis - By Drive Type
12.1.5 North America Agriculture Tractors Market Forecasts and Analysis - By Equipment Type
12.1.6 North America Agriculture Tractors Market Forecasts and Analysis - By Function Type
12.1.7 North America Agriculture Tractors Market Forecasts and Analysis - By Type
12.1.8 North America Agriculture Tractors Market Forecasts and Analysis - By Countries
12.1.8.1 United States Agriculture Tractors Market
12.1.8.1.1 United States Agriculture Tractors Market by Power Output
12.1.8.1.2 United States Agriculture Tractors Market by Drive Type
12.1.8.1.3 United States Agriculture Tractors Market by Equipment Type
12.1.8.1.4 United States Agriculture Tractors Market by Function Type
12.1.8.1.5 United States Agriculture Tractors Market by Type
12.1.8.2 Canada Agriculture Tractors Market
12.1.8.2.1 Canada Agriculture Tractors Market by Power Output
12.1.8.2.2 Canada Agriculture Tractors Market by Drive Type
12.1.8.2.3 Canada Agriculture Tractors Market by Equipment Type
12.1.8.2.4 Canada Agriculture Tractors Market by Function Type
12.1.8.2.5 Canada Agriculture Tractors Market by Type
12.1.8.3 Mexico Agriculture Tractors Market
12.1.8.3.1 Mexico Agriculture Tractors Market by Power Output
12.1.8.3.2 Mexico Agriculture Tractors Market by Drive Type
12.1.8.3.3 Mexico Agriculture Tractors Market by Equipment Type
12.1.8.3.4 Mexico Agriculture Tractors Market by Function Type
12.1.8.3.5 Mexico Agriculture Tractors Market by Type
12.2. EUROPE
12.2.1 Europe Agriculture Tractors Market Overview
12.2.2 Europe Agriculture Tractors Market Forecasts and Analysis
12.2.3 Europe Agriculture Tractors Market Forecasts and Analysis - By Power Output
12.2.4 Europe Agriculture Tractors Market Forecasts and Analysis - By Drive Type
12.2.5 Europe Agriculture Tractors Market Forecasts and Analysis - By Equipment Type
12.2.6 Europe Agriculture Tractors Market Forecasts and Analysis - By Function Type
12.2.7 Europe Agriculture Tractors Market Forecasts and Analysis - By Type
12.2.8 Europe Agriculture Tractors Market Forecasts and Analysis - By Countries
12.2.8.1 Germany Agriculture Tractors Market
12.2.8.1.1 Germany Agriculture Tractors Market by Power Output
12.2.8.1.2 Germany Agriculture Tractors Market by Drive Type
12.2.8.1.3 Germany Agriculture Tractors Market by Equipment Type
12.2.8.1.4 Germany Agriculture Tractors Market by Function Type
12.2.8.1.5 Germany Agriculture Tractors Market by Type
12.2.8.2 France Agriculture Tractors Market
12.2.8.2.1 France Agriculture Tractors Market by Power Output
12.2.8.2.2 France Agriculture Tractors Market by Drive Type
12.2.8.2.3 France Agriculture Tractors Market by Equipment Type
12.2.8.2.4 France Agriculture Tractors Market by Function Type
12.2.8.2.5 France Agriculture Tractors Market by Type
12.2.8.3 Italy Agriculture Tractors Market
12.2.8.3.1 Italy Agriculture Tractors Market by Power Output
12.2.8.3.2 Italy Agriculture Tractors Market by Drive Type
12.2.8.3.3 Italy Agriculture Tractors Market by Equipment Type
12.2.8.3.4 Italy Agriculture Tractors Market by Function Type
12.2.8.3.5 Italy Agriculture Tractors Market by Type
12.2.8.4 United Kingdom Agriculture Tractors Market
12.2.8.4.1 United Kingdom Agriculture Tractors Market by Power Output
12.2.8.4.2 United Kingdom Agriculture Tractors Market by Drive Type
12.2.8.4.3 United Kingdom Agriculture Tractors Market by Equipment Type
12.2.8.4.4 United Kingdom Agriculture Tractors Market by Function Type
12.2.8.4.5 United Kingdom Agriculture Tractors Market by Type
12.2.8.5 Russia Agriculture Tractors Market
12.2.8.5.1 Russia Agriculture Tractors Market by Power Output
12.2.8.5.2 Russia Agriculture Tractors Market by Drive Type
12.2.8.5.3 Russia Agriculture Tractors Market by Equipment Type
12.2.8.5.4 Russia Agriculture Tractors Market by Function Type
12.2.8.5.5 Russia Agriculture Tractors Market by Type
12.2.8.6 Rest of Europe Agriculture Tractors Market
12.2.8.6.1 Rest of Europe Agriculture Tractors Market by Power Output
12.2.8.6.2 Rest of Europe Agriculture Tractors Market by Drive Type
12.2.8.6.3 Rest of Europe Agriculture Tractors Market by Equipment Type
12.2.8.6.4 Rest of Europe Agriculture Tractors Market by Function Type
12.2.8.6.5 Rest of Europe Agriculture Tractors Market by Type
12.3. ASIA-PACIFIC
12.3.1 Asia-Pacific Agriculture Tractors Market Overview
12.3.2 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis
12.3.3 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Power Output
12.3.4 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Drive Type
12.3.5 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Equipment Type
12.3.6 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Function Type
12.3.7 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Type
12.3.8 Asia-Pacific Agriculture Tractors Market Forecasts and Analysis - By Countries
12.3.8.1 Australia Agriculture Tractors Market
12.3.8.1.1 Australia Agriculture Tractors Market by Power Output
12.3.8.1.2 Australia Agriculture Tractors Market by Drive Type
12.3.8.1.3 Australia Agriculture Tractors Market by Equipment Type
12.3.8.1.4 Australia Agriculture Tractors Market by Function Type
12.3.8.1.5 Australia Agriculture Tractors Market by Type
12.3.8.2 China Agriculture Tractors Market
12.3.8.2.1 China Agriculture Tractors Market by Power Output
12.3.8.2.2 China Agriculture Tractors Market by Drive Type
12.3.8.2.3 China Agriculture Tractors Market by Equipment Type
12.3.8.2.4 China Agriculture Tractors Market by Function Type
12.3.8.2.5 China Agriculture Tractors Market by Type
12.3.8.3 India Agriculture Tractors Market
12.3.8.3.1 India Agriculture Tractors Market by Power Output
12.3.8.3.2 India Agriculture Tractors Market by Drive Type
12.3.8.3.3 India Agriculture Tractors Market by Equipment Type
12.3.8.3.4 India Agriculture Tractors Market by Function Type
12.3.8.3.5 India Agriculture Tractors Market by Type
12.3.8.4 Japan Agriculture Tractors Market
12.3.8.4.1 Japan Agriculture Tractors Market by Power Output
12.3.8.4.2 Japan Agriculture Tractors Market by Drive Type
12.3.8.4.3 Japan Agriculture Tractors Market by Equipment Type
12.3.8.4.4 Japan Agriculture Tractors Market by Function Type
12.3.8.4.5 Japan Agriculture Tractors Market by Type
12.3.8.5 South Korea Agriculture Tractors Market
12.3.8.5.1 South Korea Agriculture Tractors Market by Power Output
12.3.8.5.2 South Korea Agriculture Tractors Market by Drive Type
12.3.8.5.3 South Korea Agriculture Tractors Market by Equipment Type
12.3.8.5.4 South Korea Agriculture Tractors Market by Function Type
12.3.8.5.5 South Korea Agriculture Tractors Market by Type
12.3.8.6 Rest of Asia-Pacific Agriculture Tractors Market
12.3.8.6.1 Rest of Asia-Pacific Agriculture Tractors Market by Power Output
12.3.8.6.2 Rest of Asia-Pacific Agriculture Tractors Market by Drive Type
12.3.8.6.3 Rest of Asia-Pacific Agriculture Tractors Market by Equipment Type
12.3.8.6.4 Rest of Asia-Pacific Agriculture Tractors Market by Function Type
12.3.8.6.5 Rest of Asia-Pacific Agriculture Tractors Market by Type
12.4. MIDDLE EAST AND AFRICA
12.4.1 Middle East and Africa Agriculture Tractors Market Overview
12.4.2 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis
12.4.3 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Power Output
12.4.4 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Drive Type
12.4.5 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Equipment Type
12.4.6 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Function Type
12.4.7 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Type
12.4.8 Middle East and Africa Agriculture Tractors Market Forecasts and Analysis - By Countries
12.4.8.1 South Africa Agriculture Tractors Market
12.4.8.1.1 South Africa Agriculture Tractors Market by Power Output
12.4.8.1.2 South Africa Agriculture Tractors Market by Drive Type
12.4.8.1.3 South Africa Agriculture Tractors Market by Equipment Type
12.4.8.1.4 South Africa Agriculture Tractors Market by Function Type
12.4.8.1.5 South Africa Agriculture Tractors Market by Type
12.4.8.2 Saudi Arabia Agriculture Tractors Market
12.4.8.2.1 Saudi Arabia Agriculture Tractors Market by Power Output
12.4.8.2.2 Saudi Arabia Agriculture Tractors Market by Drive Type
12.4.8.2.3 Saudi Arabia Agriculture Tractors Market by Equipment Type
12.4.8.2.4 Saudi Arabia Agriculture Tractors Market by Function Type
12.4.8.2.5 Saudi Arabia Agriculture Tractors Market by Type
12.4.8.3 U.A.E Agriculture Tractors Market
12.4.8.3.1 U.A.E Agriculture Tractors Market by Power Output
12.4.8.3.2 U.A.E Agriculture Tractors Market by Drive Type
12.4.8.3.3 U.A.E Agriculture Tractors Market by Equipment Type
12.4.8.3.4 U.A.E Agriculture Tractors Market by Function Type
12.4.8.3.5 U.A.E Agriculture Tractors Market by Type
12.4.8.4 Rest of Middle East and Africa Agriculture Tractors Market
12.4.8.4.1 Rest of Middle East and Africa Agriculture Tractors Market by Power Output
12.4.8.4.2 Rest of Middle East and Africa Agriculture Tractors Market by Drive Type
12.4.8.4.3 Rest of Middle East and Africa Agriculture Tractors Market by Equipment Type
12.4.8.4.4 Rest of Middle East and Africa Agriculture Tractors Market by Function Type
12.4.8.4.5 Rest of Middle East and Africa Agriculture Tractors Market by Type
12.5. SOUTH AND CENTRAL AMERICA
12.5.1 South and Central America Agriculture Tractors Market Overview
12.5.2 South and Central America Agriculture Tractors Market Forecasts and Analysis
12.5.3 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Power Output
12.5.4 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Drive Type
12.5.5 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Equipment Type
12.5.6 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Function Type
12.5.7 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Type
12.5.8 South and Central America Agriculture Tractors Market Forecasts and Analysis - By Countries
12.5.8.1 Brazil Agriculture Tractors Market
12.5.8.1.1 Brazil Agriculture Tractors Market by Power Output
12.5.8.1.2 Brazil Agriculture Tractors Market by Drive Type
12.5.8.1.3 Brazil Agriculture Tractors Market by Equipment Type
12.5.8.1.4 Brazil Agriculture Tractors Market by Function Type
12.5.8.1.5 Brazil Agriculture Tractors Market by Type
12.5.8.2 Argentina Agriculture Tractors Market
12.5.8.2.1 Argentina Agriculture Tractors Market by Power Output
12.5.8.2.2 Argentina Agriculture Tractors Market by Drive Type
12.5.8.2.3 Argentina Agriculture Tractors Market by Equipment Type
12.5.8.2.4 Argentina Agriculture Tractors Market by Function Type
12.5.8.2.5 Argentina Agriculture Tractors Market by Type
12.5.8.3 Rest of South and Central America Agriculture Tractors Market
12.5.8.3.1 Rest of South and Central America Agriculture Tractors Market by Power Output
12.5.8.3.2 Rest of South and Central America Agriculture Tractors Market by Drive Type
12.5.8.3.3 Rest of South and Central America Agriculture Tractors Market by Equipment Type
12.5.8.3.4 Rest of South and Central America Agriculture Tractors Market by Function Type
12.5.8.3.5 Rest of South and Central America Agriculture Tractors Market by Type
13. INDUSTRY LANDSCAPE
13.1. MERGERS AND ACQUISITIONS
13.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
13.3. NEW PRODUCT LAUNCHES
13.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
14. AGRICULTURE TRACTORS MARKET, KEY COMPANY PROFILES
14.1. AGCO CORPORATION
14.1.1. Key Facts
14.1.2. Business Description
14.1.3. Products and Services
14.1.4. Financial Overview
14.1.5. SWOT Analysis
14.1.6. Key Developments
14.2. ARGO TRACTORS S.P.A.
14.2.1. Key Facts
14.2.2. Business Description
14.2.3. Products and Services
14.2.4. Financial Overview
14.2.5. SWOT Analysis
14.2.6. Key Developments
14.3. CLAAS KGAA MBH
14.3.1. Key Facts
14.3.2. Business Description
14.3.3. Products and Services
14.3.4. Financial Overview
14.3.5. SWOT Analysis
14.3.6. Key Developments
14.4. CNH INDUSTRIAL N.V.
14.4.1. Key Facts
14.4.2. Business Description
14.4.3. Products and Services
14.4.4. Financial Overview
14.4.5. SWOT Analysis
14.4.6. Key Developments
14.5. DEERE AND COMPANY
14.5.1. Key Facts
14.5.2. Business Description
14.5.3. Products and Services
14.5.4. Financial Overview
14.5.5. SWOT Analysis
14.5.6. Key Developments
14.6. DEUTZ-FAHR
14.6.1. Key Facts
14.6.2. Business Description
14.6.3. Products and Services
14.6.4. Financial Overview
14.6.5. SWOT Analysis
14.6.6. Key Developments
14.7. ISEKI AND CO., LTD.
14.7.1. Key Facts
14.7.2. Business Description
14.7.3. Products and Services
14.7.4. Financial Overview
14.7.5. SWOT Analysis
14.7.6. Key Developments
14.8. KUBOTA CORPORATION
14.8.1. Key Facts
14.8.2. Business Description
14.8.3. Products and Services
14.8.4. Financial Overview
14.8.5. SWOT Analysis
14.8.6. Key Developments
14.9. MAHINDRA AND MAHINDRA LTD.
14.9.1. Key Facts
14.9.2. Business Description
14.9.3. Products and Services
14.9.4. Financial Overview
14.9.5. SWOT Analysis
14.9.6. Key Developments
14.10. YANMAR HOLDINGS CO., LTD.
14.10.1. Key Facts
14.10.2. Business Description
14.10.3. Products and Services
14.10.4. Financial Overview
14.10.5. SWOT Analysis
14.10.6. Key Developments
15. APPENDIX
15.1. ABOUT THE INSIGHT PARTNERS
15.2. GLOSSARY OF TERMS
1. AGCO Corporation
2. Argo Tractors S.p.A.
3. CLAAS KGaA mbH
4. CNH Industrial N.V.
5. Deere and Company
6. Deutz-Fahr
7. Iseki and Co., Ltd.
8. Kubota Corporation
9. Mahindra and Mahindra Ltd.
10. YANMAR HOLDINGS CO., LTD.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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