ABSTRACT
About All-Wheel Drive (AWD) Tractor
The rapid growth of the agricultural sector is a significant factor that spurs the prospect for the growth of the global AWD tractor market. The rise in the wages of agricultural laborers is encouraging farmers to use modern methods of farming. Farmers have started using more and more farm equipment and tractors to be less dependent on manual labor. Growth in the participation of private players and various government initiatives in the agricultural sector and rise in the willingness to increase farm output have led to the growth of the sales of AWD tractors.
Technavio’s analysts forecast the global all-wheel drive tractor market to grow at a CAGR of 3.98% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global all-wheel drive tractor market for 2017-2021. To calculate the market size, the report considers the number of tractors sold in each region. In addition, the report discusses the major drivers that influence the growth of the global AWD tractor market.
The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe
Technavio's report, Global All-Wheel Drive Tractor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• John Deere
• Massey Ferguson
• Mahindra Tractors
• Escorts Group
Other prominent vendors
• New Holland
• Kubota Tractors
• Tractors and Farm Equipment (TAFE)
Market driver
• High labor wages
• For a full, detailed list, view our report
Market challenge
• Intermediate layers curbing farmers' purchasing power
• For a full, detailed list, view our report
Market trend
• Increase in consolidation of fragmented land in Europe and Americas
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by engine power
• Global AWD tractor market by engine power
• Global AWD tractor market in low-powered engines segment
• Global AWD tractor market in high-powered engines segment
PART 07: Geographical segmentation
• Global AWD tractor market by geography
• AWD tractor market in Americas
• AWD tractor market in Europe
• AWD tractor market in APAC
PART 08: Key leading countries
• Key leading countries in global AWD tractor market
PART 09: Market drivers
• High labor wages
• Developing global agriculture industry
• Benefit of using AWD over 2WD
PART 10: Impact of drivers
PART 11: Market challenges
• Increase in tractor rental market
• Intermediate layers curbing farmers' purchasing power
• High price of AWD compared with 2WD
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Increase in consolidation of fragmented land in Europe and Americas
• Rising focus on less than 20 hp tractors and 50 hp-60 hp tractors in APAC
• Growing participation of private players and government initiatives to promote sales of AWD tractors in emerging countries
PART 14: Vendor landscape
• Competitive scenario
• Prominent vendors
PART 15: Key vendor analysis
• John Deere
• Massey Ferguson
• Mahindra Tractors
• Escorts Group
PART 16: Appendix
• List of abbreviations
Exhibit 01: Segmentation of global AWD tractor market
Exhibit 02: Product offerings
Exhibit 03: Global AWD tractor market 2016-2021 (thousands of units)
Exhibit 04: Five forces analysis
Exhibit 05: Global AWD tractor market by engine power 2016
Exhibit 06: Global AWD tractor market by engine power 2021 (% share)
Exhibit 07: Global AWD tractor market by engine power 2016-2021 (thousands of units)
Exhibit 08: Global AWD tractor market in low-powered engines segment 2016-2021 (thousands of units)
Exhibit 09: Global AWD tractor market in low-powered engines segment by region 2016-2021 (thousands of units)
Exhibit 10: Global AWD tractor market in high-powered engines segment 2016-2021 (thousands of units)
Exhibit 11: Global AWD tractor market in high-powered engines segment by region 2016-2021 (thousands of units)
Exhibit 12: Global AWD tractor market by geography 2016 (% share)
Exhibit 13: Global AWD tractor market by geography 2021 (% share)
Exhibit 14: AWD tractor market in Americas 2016-2021 (thousands of units)
Exhibit 15: Average farm size and number of farms in US 2011-2016
Exhibit 16: AWD tractor market in Europe 2016-2021 (thousands of units)
Exhibit 17: Sales of new tractors in European countries 2010-2015 (thousands of units)
Exhibit 18: Average farm size in European countries (acres)
Exhibit 19: AWD tractor market in APAC 2016-2021 (thousands of units)
Exhibit 20: AWD tractor market in APAC by countries 2016-2021 (thousands of units)
Exhibit 21: Key leading countries in global AWD tractor market
Exhibit 22: Minimum wages in US states on hourly basis 2016
Exhibit 23: Impact of drivers
Exhibit 24: Impact of drivers and challenges
Exhibit 25: John Deere: Business segmentation
Exhibit 26: John Deere: Recent developments
Exhibit 27: Massey Ferguson: Product portfolio
Exhibit 28: Massey Ferguson: Recent developments
Exhibit 29: Mahindra Tractors: Recent developments
Exhibit 30: Escorts Group: Business segmentation
Exhibit 31: Escorts Group: Recent developments
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