Garden & Orchard Type Tractors Machinery Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.50 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Garden & Orchard Type Tractors Machinery Market Analysis
The garden and orchard type tractor machinery market is projected to register a CAGR of 4.5% during the forecast period (2020-2025). The growth of the adoption of garden and orchard type tractors in developing regions is one of the major factors driving the growth of the market. Also, government subsidies for farm mechanization is another major factor helping the growth of the market studied. Tractors are used in farms to assist farmers in performing chores, like load pulling and construction. Agricultural usage dominates the usage segment of tractors.
Garden & Orchard Type Tractors Machinery Market Trends
This section covers the major market trends shaping the Garden & Orchard Type Tractors Machinery Market according to our research experts:
Adoption of Garden and Orchard Type Tractors in Developing Regions
Enhancement of productivity is one of the major factors responsible for the wide employment of tractors by farmers. Moreover, the demand from emerging economies, like China, India, and Brazil, and the high level of government support in these regions are fueling the growth of the industry. As the farming sector is expanding, farmers across nations are aiming for higher yields and economies of scale. The needs of the increasing population, the growing food demand, the necessity to increase crop yields, and an increase in productivity are driving the market studied.
North America and Europe Dominates the Market
Orchard, utility, and row crop tractors are the most extensively used globally, and they account for the most significant share of the market. The United States is the largest producer and consumer of the garden type tractors in the world. Over the forecast period, garden tractors are projected to reflect the highest CAGR, close to 3.85%, reflecting widespread adoption. Europe and North America have a major share in terms of high-powered tractors.
Garden & Orchard Type Tractors Machinery Industry Overview
The global garden and orchard type tractors machinery market is fairly consolidated, with a few companies holding the majority of the shares in the market.In the fast-growingmarket, companies are not only competing on the basis of product quality or product promotion but are also focused on making other strategic moves, to acquire greater market share and expand their acquired market size. Companies are investing heavily to develop new series, and are collaborating and acquiring other companies, which is expected to increase their market shares and strengthen the R&D activities. In February 2018, Bear Flag Robotics, a startup in the United States, to address the pain points in the orchards, labor by introducing autonomous tractors.
Garden & Orchard Type Tractors Machinery Market Leaders
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John Deere
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Mahindra Tractors
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AGCO Tractor
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Kubota Tractor Corp
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McCormick Tractors
*Disclaimer: Major Players sorted in no particular order
Garden & Orchard Type Tractors Machinery Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables
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1.2 Study Assumptions
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1.3 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Introduction to Market Drivers and Restraints
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4.3 Market Drivers
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4.4 Market Restraints
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4.5 Industry Attractiveness - Porter's Five Force Analysis
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4.5.1 Bargaining Power of Suppliers
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4.5.2 Bargaining Power of Buyers/Consumers
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4.5.3 Threat of New Entrants
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4.5.4 Threat of Substitute Products
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4.5.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 Type
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5.1.1 Orchard Type Tractor
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5.1.2 Garden Tractor
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5.2 Geography
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5.2.1 North America
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5.2.1.1 United States
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5.2.1.2 Canada
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5.2.1.3 Mexico
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5.2.1.4 Rest of North America
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5.2.2 Europe
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5.2.2.1 Germany
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5.2.2.2 United Kingdom
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5.2.2.3 France
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5.2.2.4 Spain
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5.2.2.5 Italy
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5.2.2.6 Rest of Europe
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5.2.3 Asia-Pacific
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5.2.3.1 China
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5.2.3.2 Japan
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5.2.3.3 India
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5.2.3.4 Australia
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5.2.3.5 Rest of Asia-Pacific
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5.2.4 South America
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5.2.4.1 Brazil
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5.2.4.2 Argentina
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5.2.4.3 Rest of South America
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5.2.5 Africa
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5.2.5.1 South Africa
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5.2.5.2 Rest of Africa
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Competitor Strategies
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6.2 Market Share Analysis
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6.3 Company Profiles
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6.3.1 Deere and Company
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6.3.2 CNH Global NV
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6.3.3 Mahindra Tractors
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6.3.4 AGCO Tractor
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6.3.5 Farmtrac Tractor Europe
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6.3.6 Kubota Tractor Corp.
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6.3.7 McCormick Tractors
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6.3.8 Case IH
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6.3.9 Deutz-Fahr
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6.3.10 Claas Tractor
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6.3.11 Kioti Tractor
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6.3.12 Belarus Tractor
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Garden & Orchard Type Tractors Machinery Industry Segmentation
Tractors provide a power source for farm implements and serve varied purposes. The tractors machinery market is segmented by type into utility tractors, row crop tractors, orchard tractors, industrial tractor, garden tractor, rotary tillers, implement carriers, and earth-moving tractors. Among these, row crops, utilities, and orchards are the most widely used tractors in the world. Garden and orchard type tractors are used by farmers to create and maintain lawns, gardens, fruit crops, and vines. The market is segmented by type,, into orchard type tractor and garden tractor, and geography, into North America, Europe, Asia-Pacific, South America, and Africa.
| Type | |
| Orchard Type Tractor | |
| Garden Tractor |
| Geography | ||||||||
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Garden & Orchard Type Tractors Machinery Market Research FAQs
What is the current Garden and Orchard Tractors Market size?
The Garden and Orchard Tractors Market is projected to register a CAGR of 4.5% during the forecast period (2024-2029)
Who are the key players in Garden and Orchard Tractors Market?
John Deere, Mahindra Tractors, AGCO Tractor, Kubota Tractor Corp and McCormick Tractors are the major companies operating in the Garden and Orchard Tractors Market.
Which is the fastest growing region in Garden and Orchard Tractors Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Garden and Orchard Tractors Market?
In 2024, the North America accounts for the largest market share in Garden and Orchard Tractors Market.
What years does this Garden and Orchard Tractors Market cover?
The report covers the Garden and Orchard Tractors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Garden and Orchard Tractors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Garden and Orchard Tractors Industry Report
Statistics for the 2024 Garden and Orchard Tractors market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Garden and Orchard Tractors analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
