A tractor is an engineering vehicle used in farming and contributes to the largest segment of agricultural machinery market which is used for agricultural purposes. In Europe, tractors are employed for agricultural as well as non-agricultural activities where farmers usually use tractors for tilling the farm lands.
European Wheeled Tractor Machinery Market is expected to reach USD 10.01 billion from USD 7.44 billion, while growing at a CAGR of 6.12% during the forecast period from 2018 to 2023.
In Europe, the necessity to increase yield and productivity is driving the market. With the improving technology, various advanced machinery is being employed to make farming simpler, which is constraining the sales of traditional tractors.
In Europe, on the basis of design, the tractors are classified as two and four wheeled machines. According to function, they are classified as implement carrier, garden tractor, earth moving tractor, row crop tractors, utility tractors, industrial tractors, rotatory tillers and orchard tractors. Orchard, utility and row crop tractors are most extensively used all around the world and accounts for the largest share of the market.
The European market represents a considerably high weighting for global industry turnover. Germany is leading the market at present in Europe. The several subsidies by the government for Farm mechanization is driving the Agricultural tractor machinery market.
Major wheeled tractor manufacturing companies in Europe are 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
6.1 Introduction
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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
