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A tractor is an engineering vehicle specifically designed to deliver a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
The Tractor refer to the tractor used in the agricultural and forestry field.
LPI (LP Information)' newest research report, the "Tractor Industry Forecast" looks at past sales and reviews total world Tractor sales in 2022, providing a comprehensive analysis by region and market sector of projected Tractor sales for 2023 through 2029. With Tractor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tractor industry.
This Insight Report provides a comprehensive analysis of the global Tractor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tractor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Tractor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tractor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tractor.
The global Tractor market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In the US market, the major producers are Deere, New Holland, AGCO, Kubota, Claas, Same Deutz-Fahr and Kuhn.
This report presents a comprehensive overview, market shares, and growth opportunities of Tractor market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
- Below 10 KW
- 10-30 KW
- 30-50KW
- Above 50 KW
Segmentation by application
- Agricultural
- Forestry
- Other
The below companies that are profiled
- Americas
- - United States
- - Canada
- - Mexico
- - Brazil
- APAC
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- Europe
- - Germany
- - France
- - UK
- - Italy
- - Russia
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
- Deere
- New Holland
- AGCO
- Kubota
- Claas
- Same Deutz-Fahr
- Kuhn
Key Questions Addressed in this Report
What is the 10-year outlook for the global Tractor market?
What factors are driving Tractor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Tractor market opportunities vary by end market size?
How does Tractor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?