A recent report published by Infinium Global Research on farm tractor market provides in-depth analysis of segments and sub-segments in global as well as regional farm tractor market. The study also highlights the impact of drivers, restraints and macro indicators on the global and regional farm tractor market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of the global farm tractor market. According to the report the global farm tractor market is projected to grow at a CAGR of 6.2% the forecast period of 2018-2024.
The report on global farm tractor market covers segments such as horsepower. On the basis of horsepower, the global farm tractor market is categorized into less than 40 HP, 40 HP to 99 HP and greater than 100 HP.
The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the companies in the global farm tractor market such as Yanmar Co., JCB, Caterpillar, TAFE, Massey Ferguson Limited, Kubota Corporation, CNH Industrial, Mahindra & Mahindra Limited, Deere & Company and CLAAS Group.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the global farm tractor market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of farm tractor market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the farm tractor market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players. This report will help manufacturers, suppliers, and distributors of the farm tractor market to understand the present and future trends in this market and formulate their strategies accordingly.