Astute Analytica publishes a research report on the agriculture tractors market. The analysis report contains in-depth data about demand, growth, opportunities, challenges, and restraints. In addition, it provides a thorough examination of the structure and possibility of global and regional industries.
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The global agriculture tractors market is projected to witness a growth opportunity of US$ 38,621.2 million during the period 2022-2030. The market is estimated to reach US$ 98,798.5 million by 2030, registering a CAGR of 5.8% during the forecast period. It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the agriculture tractors market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
Massey Ferguson Ltd.,
Escorts Ltd.,
Kubota Corporation,
AGCO Corp (Fendt),
SDF S.p.A. (Deutz Fahr),
New Holland
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The Segmentation Overview of the agriculture tractors market includes
By Tractor Type Outlook (Value and Volume, 2017 – 2030)
- Utility Tractors
- Row Crop Tractors
- Garden Tractors
- Orchard Type Tractors
- Rotary Tillers
- Implement Carrier Tractors
By Product (Fuel) Outlook (Value and Volume, 2017 – 2030)
- Internal Combustion Engine (ICE)
- Electric Motor
By Wheel Type Outlook (Value and Volume, 2017 – 2030)
- 2-wheeler
- 3-wheeler
- 4-wheeler
By Engine Power Outlook (Value and Volume, 2017 – 2030)
- 20 Horsepower
- 21-35 Horsepower
- 36-50 Horsepower
- 51-90 Horsepower
- 91-120 Horsepower
- 121-150 Horsepower
- 151-180 Horsepower
- 181 HP-250 Horsepower
- 250 Horsepower
By Region Outlook (Value and Volume, 2017 – 2030)
- North America
- The U.S.
- Canada
- Mexico
- Europe
- Western Europe
- The UK
- Germany
- France
- Italy
- Spain
- Rest of Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of Eastern Europe
- Western Europe
- Asia Pacific
- China
- India
- Japan
- Australia New Zealand
- ASEAN
- Myanmar
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Rest of South America
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest of MEA
Overall, Astute Analytica’s report on the agriculture tractors market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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