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Asia Pacific Wheeled Tractor Machinery Market Research Report – Segmentation By Design, Function, and Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts | 2022 to 2027

Published: January, 2022
ID: 456
Pages: 145

Asia Pacific Wheeled Tractor Machinery Market Size (2022 - 2027)

Asia Pacific Wheeled Tractor Machinery Market is expected to reach USD 19.35 billion by 2027 from USD 13.21 billion in 2021 while growing at a CAGR of 7.94% during the forecast period from 2022 to 2027. A tractor is an engineering vehicle used in farming to deliver high torque at slow speeds. A tractor is used to define a farm machine that mechanizes agricultural tasks with the use of power and traction. Tractor contributes to the largest segment in agricultural machinery in the Asia-Pacific market.

Market Drivers

In Asia Pacific region, with an increasing population and rise in demand for non-processed foods cultivated through organic farming are the key drivers of the market. Due to the limited purpose of tractors and its inefficiency in rough lands, farmers are resorting to other advanced machines that makes their work simpler. Due to this, sales in this region is constrained and thus, the market growth is hindered.

Market Segmentation

APAC Wheeled Tractor Machinery Market - By Design:

  • Two-Wheeled Tractors
  • Four-Wheeled Tractors 

APAC Wheeled Tractor Machinery Market - By Function:

  • Implement Carrier
  • Garden Tractor
  • Earth Moving Tractor
  • Row Crop Tractors
  • Utility Tractors
  • Industrial Tractors
  • Rotatory Tillers
  • Orchard Tractors

Regional Analysis:

The market is dominated by Asia-Pacific in terms of volume and the region also offers high potential with deeper market penetration possibilities. Demand for tractors in the Asia/Pacific region was more than twice that of any other region in 2016, with China alone comprising major percent of the global total. Healthy population increases and economic growth in China and other developing Asian nations like India and Thailand will drive an expansion in construction activity in these countries and place heightened pressure on their agricultural sectors to become more efficient and productive, boosting associated tractor sales. 

Key Players:

  • Mahindra & Mahindra

  • Deere and Company

  • AGCO tractor

  • CNH Global NV

  • Massey Ferguson

  • Farmtrac Tractor

  • Escorts

  • Foton Loval

  • Goldani

  • Kukje

  • Lindner

  • L S Mtron

  • Machinery and Industrial group NV

  • Shibaura

  • Tractorul UTB and VST Tillers

1. Introduction                                                 

                1.1 Market Definition                                    

                1.2 Study Deliverables                                  

                1.3 Base Currency, Base Year and Forecast Periods                                          

                1.4 General Study Assumptions                                

2. Research Methodology                                                           

                2.1 Introduction                                               

                2.2 Research Phases                                      

                                2.2.1 Secondary Research                           

                                2.2.2 Primary Research                 

                                2.2.3 Econometric Modelling                      

                                2.2.4 Expert Validation                  

                2.3 Analysis Design                                         

                2.4 Study Timeline                                          

3. Overview                                                       

                3.1 Executive Summary                                

                3.2 Key Inferences                                         

                3.3 New Developments                               

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                    

                4.1 Market Drivers                                          

                4.2 Market Restraints                                    

                4.3 Key Challenges                                         

                4.4 Current Opportunities in the Market                                              

5. Market Segmentation                                                              

                5.1 By Design Type                                         

                                5.1.1 Two Wheeled Tractors                       

                                5.1.2 Four Wheeled Tractors                      

                5.2 By Function                                

                                5.2.1 Implement Carrier                               

                                5.2.2 Garden Tractor                      

                                5.2.3 Earth Moving Tractor                          

                                5.2.4 Row Crop Tractors               

                                5.2.5 Utility Tractors                       

                                5.2.6 Industrial Tractors                

                                5.2.7 Rotatory Tillers                      

                                5.2.8 Orchard Tractors                   

6. Geographical Analysis                                                              

                6.3 Asia-Pacific                                 

                                6.1 Introduction                               

                                6.2 China                             

                                6.3 India                              

                                6.4 Japan                            

                                6.5 South Korea                               

                                6.6 Australia                      

7. Strategic Analysis                                                       

                7.1 PESTLE analysis                                         

                                7.1.1 Political                     

                                7.1.2 Economic                 

                                7.1.3 Social                         

                                7.1.4 Technological                         

                                7.1.5 Legal                          

                                7.1.6 Environmental                       

                7.2 Porter’s Five analysis                                              

                                7.2.1 Bargaining Power of Suppliers                        

                                7.2.2 Bargaining Power of Consumers                    

                                7.2.3 Threat of New Entrants                     

                                7.2.4 Threat of Substitute Products and Services                              

                                7.2.5 Competitive Rivalry within the Industry                     

8. Market Leaders' Analysis                                                        

                8.1 Mahindra & Mahindra                                           

                                8.1.1 Overview                 

                                8.1.2 Product Analysis                   

                                8.1.3 Strategic Evaluation and Operations                            

                                8.1.4 Financial analysis                  

                                8.1.5 Legal issues                             

                                8.1.6 Recent Developments                       

                                8.1.7 SWOT analysis                       

                                8.1.8 Analyst View                          

                8.2 Deere and Company                                              

                8.3 AGCO tractor                                             

                8.4 CNH Global NV                                          

                8.5 Massey Ferguson                                    

                8.6 Farmtrac Tractor                                       

                8.7 Escorts                                          

                8.8 Foton Loval                                 

                8.9 Goldani                                        

                8.10 Kukje                                          

                8.11 Lindner                                      

                8.12 L S Mtron                                  

9. Competitive Landscape                                                           

                9.1 Market share analysis                                            

                9.2 Merger and Acquisition Analysis                                       

                9.3 Agreements, collaborations and Joint Ventures                                         

                9.4 New Product Launches                                         

10. Expert Opinions                                                        

                10.1 Market Outlook                                     

                10.2 Investment Opportunities                                 

Appendix                                                           

                a) List of Tables                                

                b) List of Figures                                              

  1. Asia-Pacific Wheeled Tractor Machinery Market By Region, From 2022 - 2027 (USD Billion)
  2. Asia-Pacific Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  3. Asia-Pacific Two Wheeled Tractor Market By Region, From 2022 - 2027 (USD Billion)
  4. Asia-Pacific Four Wheeled Tractor Market By Region, From 2022 - 2027 (USD Billion)
  5. Asia-Pacific Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)
  6. Asia-Pacific Implement Carrier Market By Region, From 2022 - 2027 (USD Billion)
  7. Asia-Pacific Garden Tractor Market By Region, From 2022 - 2027 (USD Billion)
  8. Asia-Pacific Earth Moving Tractor Market By Region, From 2022 - 2027 (USD Billion)
  9. Asia-Pacific Row Crop Tractors Market By Region, From 2022 - 2027 (USD Billion)
  10. Asia-Pacific Utility Tractors Market By Region, From 2022 - 2027 (USD Billion)
  11. Asia-Pacific Industrial Tractors Market By Region, From 2022 - 2027 (USD Billion)
  12. Asia-Pacific Rotatory Tillers Market By Region, From 2022 - 2027 (USD Billion)
  13. Asia-Pacific Orchard Tractors Market By Region, From 2022 - 2027 (USD Billion)
  14. China Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  15. China Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)
  16. India Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  17. India Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)
  18. Japan Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  19. Japan Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)
  20. South Korea Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  21. South Korea Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)
  22. Australia Wheeled Tractor Machinery Market By Design Type, From 2022 - 2027 (USD Billion)
  23. Australia Wheeled Tractor Machinery Market By Function, From 2022 - 2027 (USD Billion)

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