Orchard Type Tractors Market - Growth, Trends and Forecasts (2020 - 2025)

The orchard type tractors market is segmented by Horsepower (Less than 20 HP, 20-30 HP, 30-40 HP) and by Geography

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

4.5 %

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Market Overview

The global Garden and Orchard Type Tractors Machinery market is forecasted to grow at a CAGR of 4.5% during the forecast period (2020-2025).

  • Increasing farm mechanization rates, especially in developing countries, and the rise in farm labor cost are the major factors attributing the growth of the market studied.
  • North America occupies the major share in orchard tractors market. The rising trend of homegrown fruits and vegetable in this region is the key driver for the market growth.
  • Deere & Company, CNH Industrial N.V., Mahindra & Mahindra Ltd and Tractor, and Farm Equipment Limited are some of the global players who are operating in this market.

Scope of the Report

For the purpose of this report, the tractors used in agricultural operations, especially Less than 20 HP, 30 HP and 30-40 HP tractors are considered. Tractors used for orchards and garden purpose are included in the study.

By Horse power
Less than 20 HP
20-30 HP
30-40 HP
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Africa
South Africa
Rest of Africa

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Key Market Trends

Rise in Technological Advancements is driving the market growth

There is a growing need for farm mechanization in the region, as farmer income has not been able to keep pace, such as to cater to the increasing cost of production. Farmers across the globe are looking for tractors with tailored features, which can fulfill their needs for effective farming. So, in order to meet consumer demand, many international agriculture machinery manufacturers such as Deere & company are coming up with new technologically-advanced orchard tractors, which can handle critical operations in harvesting crops such as apple, cherries. With the rise in the number of innovative orchard tractor launches are making consumers impulsive towards their purchase, which, in turn, is boosting the sales of orchard tractors.

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North America is Dominating the Orchard tractors market

The continues rise in farm labor wages due to labor shortage, especially in fruits and vegetable plantation has had a positive impact on the demand for tractors in this region, as farmers are increasingly adopting agricultural mechanization including tractors as a substitute for manual labor. The wave of modern technology has already been witnessed in orchard tractors with the application of Artificial Intelligence-based tools for data transmission, for precise decision-making processes in cultivation. The rise in technological advancements in orchard tractors coupled with the decline in farm labor shrinkage is driving the demand for orchard and garden tractors sales and is expected to grow further during the forecast period.

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Competitive Landscape

The global Garden and Orchard type tractors machinery market is fragmented with the presence of many of regional players. Deere & Company, CNH Industrial N.V., Mahindra & Mahindra Ltd and Tractor, and Farm Equipment Limited are some of the global players who are operating in this market. Product Innovation and expansion are the key strategies adopted by these players to strengthen their presence in the global garden and orchard type tractor machinery market.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

    3. 4.3 Market Restraints

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Bargaining Power of Suppliers

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Threat of New Entrants

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Horse power

      1. 5.1.1 Less than 20 HP

      2. 5.1.2 20-30 HP

      3. 5.1.3 30-40 HP

    2. 5.2 Geography

      1. 5.2.1 North America

        1. 5.2.1.1 United States

        2. 5.2.1.2 Canada

        3. 5.2.1.3 Mexico

        4. 5.2.1.4 Rest of North America

      2. 5.2.2 Europe

        1. 5.2.2.1 Germany

        2. 5.2.2.2 United Kingdom

        3. 5.2.2.3 France

        4. 5.2.2.4 Rest of Europe

      3. 5.2.3 Asia Pacific

        1. 5.2.3.1 China

        2. 5.2.3.2 Japan

        3. 5.2.3.3 India

        4. 5.2.3.4 Australia

        5. 5.2.3.5 Rest of Asia-Pacific

      4. 5.2.4 South America

        1. 5.2.4.1 Brazil

        2. 5.2.4.2 Argentina

        3. 5.2.4.3 Rest of South America

      5. 5.2.5 Africa

        1. 5.2.5.1 South Africa

        2. 5.2.5.2 Rest of Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 Deere & Company

      2. 6.4.2 Kubota Group

      3. 6.4.3 Argo Tractors S.p.A

      4. 6.4.4 CNH Industrial N.V.

      5. 6.4.5 Mahindra & Mahindra Ltd.

      6. 6.4.6 CLAAS KGaA mbH

      7. 6.4.7 Tractor and Farm Equipment Limited

      8. 6.4.8 Massey ferguson limited

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability

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