Sep 7, 2017   SOURCE: BusinessWire

Global Agricultural Tractor Market 2017-2021 with Escorts Group, John Deere, Mahindra Tractors & Massey Ferguson Dominating - Research and Markets

The "Global Agricultural Tractor Market 2017-2021" report has been added to Research and Markets' offering.

The global agricultural tractor market to grow at a CAGR of 3.08% during the period 2017-2021.

Global Agricultural 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. To calculate the market size, the report considers the sales volume of the agricultural tractor.

The global agricultural tractor market is segmented based on driveline (two-wheel drive and all-wheel drive); engine power (low-power output (< 40 hp), mid-power output (40-100 hp), and high-power output (>100 hp)); and geography (APAC, EMEA, and the Americas).

According to the report, one driver in the market is increase in the wages of laborers has led to declining profit margins for farmers. The rise in minimum labor wages has increased the cost of producing crops and has adversely affected the profitability of farmers across all the regions. APAC countries, such as India and China, which had an abundance of cheap agricultural laborers, are also experiencing a rise in the minimum wage of agricultural laborers due to government intervention, causing acute scarcity of the agricultural laborers.

Key vendors

  • Escorts Group
  • John Deere
  • Mahindra Tractors
  • Massey Ferguson

Other prominent vendors

  • CLAAS
  • New Holland
  • KUBOTA
  • McCormick Tractor
  • Sonalika Tractors
  • Tractors and Farm Equipment (TAFE)
  • Valtra

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Driveline

Part 07: Market Segmentation By Engine Power

Part 08: Regional Landscape

Part 09: Decision Framework

Part 10: Drivers And Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Key Vendor Analysis

Part 14: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/p38cjb/global