Farm Tractor Market by Product Type, Horsepower, System Type, Design Type, Drive Type, End-Use - Cumulative Impact of COVID-19, Russia Ukraine Conflict, and High Inflation

List of Tables

The Global Farm Tractor Market is forecasted to grow significantly, with a projected USD 68.41 billion in 2023 at a CAGR of 6.84% and expected to reach a staggering USD 108.86 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Farm Tractor Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Farm Tractor Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product Type, market is studied across Crawler Tractor and Wheel Tractor. The Crawler Tractor is projected to witness significant market share during forecast period.

Based on Horsepower, market is studied across 40 HP to 99 HP, Greater than 100 HP, and Less than 40 HP. The 40 HP to 99 HP is projected to witness significant market share during forecast period.

Based on System Type, market is studied across Backhoe Loaders, Front-Loaders, and Without Loaders. The Front-Loaders is projected to witness significant market share during forecast period.

Based on Design Type, market is studied across Tractor with CAB and Tractor without CAB. The Tractor with CAB is projected to witness significant market share during forecast period.

Based on Drive Type, market is studied across Four-Wheel Drive and Two-Wheel Drive. The Two-Wheel Drive is projected to witness significant market share during forecast period.

Based on End-Use, market is studied across Harvesting, Haying, Planting & Fertilizing, Plowing & Cultivating, and Spraying. The Spraying is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.75% in 2022, followed by Europe, Middle East & Africa.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Farm Tractor Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Farm Tractor Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Farm Tractor Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Farm Tractor Market?

4. What is the competitive strategic window for opportunities in the Global Farm Tractor Market?

5. What are the technology trends and regulatory frameworks in the Global Farm Tractor Market?

6. What is the market share of the leading vendors in the Global Farm Tractor Market?

7. What modes and strategic moves are considered suitable for entering the Global Farm Tractor Market?

Product Code: MRR-4348D129FB23

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Farm Tractor Market, by Product Type, 2022 vs 2030
4.3. Farm Tractor Market, by Horsepower, 2022 vs 2030
4.4. Farm Tractor Market, by System Type, 2022 vs 2030
4.5. Farm Tractor Market, by Design Type, 2022 vs 2030
4.6. Farm Tractor Market, by Drive Type, 2022 vs 2030
4.7. Farm Tractor Market, by End-Use, 2022 vs 2030
4.8. Farm Tractor Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for contract farming
  - 5.1.1.2. Rising government subsidies and loan waivers to farmers
  - 5.1.1.3. Growing awareness regarding rental services on farm tractors
- 5.1.2. Restraints
  - 5.1.2.1. High cost of equipment in emerging economies
- 5.1.3. Opportunities
  - 5.1.3.1. Growing trend of precision agriculture
  - 5.1.3.2. Continuous technological advancements such as self driving farm tractors
- 5.1.4. Challenges
  - 5.1.4.1. Rapidly changing emission norms and mandates
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Farm Tractor Market, by Product Type

6.1. Introduction
6.2. Crawler Tractor
6.3. Wheel Tractor

7. Farm Tractor Market, by Horsepower

7.1. Introduction
7.2. 40 HP to 99 HP
7.3. Greater than 100 HP
7.4. Less than 40 HP

8. Farm Tractor Market, by System Type

8.1. Introduction
8.2. Backhoe Loaders
8.3. Front-Loaders
8.4. Without Loaders

9. Farm Tractor Market, by Design Type

9.1. Introduction
9.2. Tractor with CAB
9.3. Tractor without CAB

10. Farm Tractor Market, by Drive Type

10.1. Introduction
10.2. Four-Wheel Drive
10.3. Two-Wheel Drive

11. Farm Tractor Market, by End-Use

11.1. Introduction
11.2. Harvesting
11.3. Haying
11.4. Planting & Fertilizing
11.5. Plowing & Cultivating
11.6. Spraying

12. Americas Farm Tractor Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Farm Tractor Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Farm Tractor Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
15.2. Market Share Analysis, By Key Player
15.3. Competitive Scenario Analysis, By Key Player

16. List of Company Mentioned

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing