Tractor Market 2019-2028
New Study Reports “Tractor Market 2019 Global Market Opportunities, Challenges, Strategies and Forecasts 2028” Added in Wiseguyreports.com.
Report Details:
2013-2028 Report on Global Tractor Market by Player, Region, Type, Application and Sales Channel
Tractors are vehicles that are specially designed to run a low speed but deliver high power. The engine’s power is specially designed to be used to transport or pull heavy loads that have a large size. The gearbox of the tractor is specially designed to transfer the high-speed revolutions of the engine to low-speed revolutions that are used to power the wheels. The excess power that is generated is used to increase the force by which the tractor can pull various agricultural implements.
All modern tractors use a Power Take Off shaft or PTO shaft to power the various implements that are attached to the vehicle. The implements that are attached to the tractor depend upon the operation that has to be accomplished that can range from agricultural operations to various construction operations as well. Tractors have large air-filled tires that are used to spread the pressure from the heavy vehicle evenly over a large surface area. This prevents the vehicle from getting bogged down in muddy and slushy conditions.
The report published on the global tractor market is a comprehensive analysis of the different factors that can affect the growth of the market both positively and negatively. The outlook and the global market size of tractors are mentioned in the report from the year 2014 to the year 2019 with market data for each of the top competitors being included as well. The sales and market share occupied by the key players in the market are listed out for the year 2016 to 2018.
Important Key Players Analysis: Deere, New Holland, AGCO, Kubota, Claas, Same Deutz-Fahr, Kuhn and more.
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Market Segmentation
The global tractor market is divided into several market segments based on the different types of tractors that are sold in the market, the different applications that they can be used for and the various sales channels that are used to distribute tractors worldwide.
Market split according to type: Based on the power generated by each tractor the different categories are:
- Below 10 KW
- 10-30 KW
- 30-50KW
- Above 50 KW
Market split according to application: Based on the different applications that tractors can be used for they are differentiated into:
- Agricultural
- Forestry
- Other
Key Stakeholders
Tractor Manufacturers
Tractor Distributors/Traders/Wholesalers
Tractor Sub-component Manufacturers
Industry Association
Downstream Vendors
Regional Analysis
The report published on the global tractor market segments the global market into several major regions based on the locations that they are in. The major regions that are mentioned in the report include Africa, the Middle East, Asia-Pacific, South America, North America, and Europe. The important countries from each of these regions that are mentioned in the report include Saudi Arabia, Nigeria, Egypt, South Africa, Chile, Colombia, Argentina, Brazil, China, Japan among various others. The global market size and annual growth rate of the market from the year 2013 to the year 2028 is mentioned with the sales data for the years 2013 to the year 2018 based on the different regions that were discussed in detail.
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Industry News
The latest development in Amazon’s logistics field is the launch of tractors that will be used to transport various packages products from Amazon’s fulfillment centers to the delivery centers operated by them. The tractors are day cabs rather than sleeper cabs indicating that the driver will not sleep in them and they will generally run through the day and not at night.
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