About Tractor Rental The tractor rental market is globally operated by third party suppliers or tractor manufacturers that offer used tractor on rent to the farmers based on their requirements. The rapid growth of the agricultural sector is a significant factor that spurs the prospect for the growth of this market. The rise in the wages of agricultural laborers is empowering farmers to use modern methods of farming. Farmers have started using more and more farm equipment and renting farm equipment is the only viable and practical option. Technavio’s analysts forecast the global tractor rental market to grow at a CAGR of 8.09% during the period 2016-2020. Covered in this report The report covers the present scenario and the growth prospects of the global tractor rental market for 2016-2020. To calculate the market size, the report considers the number of households dependent on agriculture, the number of total fleet size of tractors rented out, and the average revenue earned from each tractor in different regions. The market is divided into the following segments... Research Beam Model: Research Beam Product ID: 1242162 2500 USD New
Global Tractor Rental Market 2016-2020
 
 

Global Tractor Rental Market 2016-2020

  • Category : Automotive and Transportation
  • Published On : December   2016
  • Pages : 54
  • Publisher : Technavio
 
 
 
About Tractor Rental
The tractor rental market is globally operated by third party suppliers or tractor manufacturers that offer used tractor on rent to the farmers based on their requirements. The rapid growth of the agricultural sector is a significant factor that spurs the prospect for the growth of this market. The rise in the wages of agricultural laborers is empowering farmers to use modern methods of farming. Farmers have started using more and more farm equipment and renting farm equipment is the only viable and practical option.

Technavio’s analysts forecast the global tractor rental market to grow at a CAGR of 8.09% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global tractor rental market for 2016-2020. To calculate the market size, the report considers the number of households dependent on agriculture, the number of total fleet size of tractors rented out, and the average revenue earned from each tractor in different regions.
The market is divided into the following segments based on geography:
• Americas
• APAC
• Europe

Technavio's report, Global Tractor Rental Market 2016-2020, 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
• Pacific Rentals
• Sunbelt Rentals
• John Deere

Market driver
• High labor wage
• For a full, detailed list, view our report

Market challenge
• Low internet penetration in rural APAC
• For a full, detailed list, view our report

Market trend
• Increase in consolidation of fragmented land in Europe and the Americas
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 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
• Highlights
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 tractor rental market by engine power
• Global tractor rental market in low-powered engine segment
• Global tractor rental market in high-powered engine segment
PART 07: Geographical segmentation
• Global tractor rental market by geography
• Global tractor rental market in Europe
• Global tractor rental market in Americas
• Global tractor rental market in APAC
PART 08: Key leading countries
• Key leading countries
PART 09: Market drivers
• High labor wage
• Growing participation of private players and government initiatives
• Increase in number of households participating in tractor rental market
PART 10: Impact of drivers
PART 11: Market challenges
• Low internet penetration in rural APAC
• Unorganized tractor rental market in APAC
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
PART 14: Key vendor analysis
• Pacific Rentals
• Sunbelt Rentals
• John Deere
PART 15: Appendix
• List of abbreviations
PART 16: Explore Technavio
List of Exhibits
Exhibit 01: Segmentation of global tractor rental market
Exhibit 02: Product offerings
Exhibit 03: Global tractor rental market 2015-2020 ($ billions)
Exhibit 04: Five forces analysis
Exhibit 05: Global tractor rental market by engine power 2015 (%share)
Exhibit 06: Global tractor rental market by engine power 2020 (% share)
Exhibit 07: Global tractor rental market by engine power 2015-2020 ($ billions)
Exhibit 08: Global tractor rental market in low-powered engine segment 2015-2020 ($ billions)
Exhibit 09: Global tractor rental market in low-powered engine segment by region 2015-2020 ($ billions)
Exhibit 10: Global tractor rental market in high-powered engine segment 2015-2020 ($ billions)
Exhibit 11: Global tractor rental market in high-powered engine segment by region 2015-2020 ($ billions)
Exhibit 12: Global tractor rental market by geography 2015
Exhibit 13: Global tractor rental market by geography 2020
Exhibit 14: Tractor rental market in Europe 2015-2020 ($ billions)
Exhibit 15: Sale of new tractors in European countries 2010-2015 (thousands of units)
Exhibit 16: Average farm size in European countries (hectares)
Exhibit 17: Tractor rental market in Americas 2015-2020 ($ billions)
Exhibit 18: Tractor rental rates based on wheel drive in US 2015
Exhibit 19: Tractor rental rates based on engine power in US 2015
Exhibit 20: Global tractor rental market in APAC 2015-2020 ($ billions)
Exhibit 21: Tractor rental market in APAC 2015-2020 ($ billions)
Exhibit 22: Key leading countries
Exhibit 23: Key market drivers
Exhibit 24: Minimum wages in US states on hourly basis 2016
Exhibit 25: Impact of drivers
Exhibit 26: Key market challenge
Exhibit 27: Impact of drivers and challenges
Exhibit 28: Key market trends
Exhibit 29: Pacific Rentals business segmentation
Exhibit 30: Pacific Rentals tractor product portfolio
Exhibit 31: Sunbelt Rentals business segmentation
Exhibit 32: Sunbelt Rentals product portfolio
Exhibit 33: Business segmentation of John Deere

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