Agricultural Tractor Machinery Market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyzes the top players in global and major regions.

A tractor is a farm vehicle that provides the power and traction to mechanize agricultural tasks, especially tillage. However, the use of tractors has been shifted to various farm related tasks. Agricultural implements are towed behind a tractor that then provides a source of power for the mechanization of implements. Agricultural use of tractors is the largest segment in the agricultural machinery sector. Improvement in efficiency is one of the reasons why tractors are popularly employed by farmers.

Driven by growing global population, rising demand for food and the need for better yield and productivity, future of tractor machinery market is seen to be positive. Opportunities lie in higher market penetration in the developing regions of Asia and South America. Technological innovation in order to shorten the replacement cycle will further boost the market growth for tractors. Low purchasing power of farmers and the high cost of products are some of the major constraints for market growth, specifically in cost-sensitive regions.

Depending on the product application, they can be broadly classified into pedestrian and wheeled tractors. Utility, row and orchard type tractors are some of the highly utilized tractors worldwide. Large scale farming structures in major agricultural countries like the US, Brazil and Germany and the intensive farming sites in Western Europe employ more high power tractors compared to other parts of the world. Though Asian countries use low average power tractors due to land tenures, China and India still continue to dominate the global tractor sales. South American countries like Brazil and Argentina show high growth potential while remaining heavily subsidized. In the matured markets, demand for tractors will continue to be largely determined by the demand for replacement machinery and the efficiency gains provided by newer, more sophisticated equipment.

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The global Agricultural Tractor Machinery market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Agricultural Tractor Machinery volume and value at global level, regional level and company level. From a global perspective, this report represents overall Agricultural Tractor Machinery market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

• John Deere
• Caterpillar
• AGCO
• CNH Industrial
• Belarus Tractor
• Mahindra Tractors
• CLAAS
• Kubota
• Deutz-Fahr
• Kioti
• Valtra
• LOVOL
• YTO Group
• Zoomlion
• Dongfeng Farm

Segment by Regions

• North America
• Europe
• China
• Japan

Segment by Type

• Wheel Tractor
• Crawler Tractor

Segment by Application

• Farm
• Landscape Garden
• Sports Fields and Grounds
• Other

Key questions answered in this report 
• What will the market size be in 2022 and what will the growth rate be? 
• What are the key market trends? 
• What is driving this market? 
• What are the challenges to market growth? 
• Who are the key vendors in this market space?  

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