This report analyzes the worldwide markets for Farm Tractors in US$ Million. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2014 through 2020. Also, a seven-year historic analysis is provided for these markets. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based on public domain information including company URLs. The report profiles 46 companies including many key and niche players such as - AGCO Corporation, Argo Tractors SpA, CLAAS KGaA mbH, CNH Industrial N.V, and Deere & Company, among ohers.

1. “Population Growth and Pressure On Food
Sources & Productivity Spurs Opportunities
for Farm Tractors”
“Population Growth and Pressure On Food
Sources & Productivity Spurs Opportunities
for Farm Tractors”
January 2016 Release
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2. The global market for Farm Tractors is forecast to reach 4.6 million
units, valued at US$71.7 billion by 2020, driven by the growing
population and the ensuing pressure on food production and
productivity. While small tractors continue to be preferred in developing
countries for their better productivity and lower total cost of ownership,
large high power tractors remain popular in the U.S. and Europe
supported by the agricultural requirements of large farms. Asia-Pacific
represents the largest market worldwide. Buoyed by the towering
presence of China and India, the region also ranks as the fastest
growing market over the analysis period with projected value and unit
sales growing at a CAGR of 6.4% and 4.1%, respectively. Key factors
driving growth in the region include growing population; arable land
scarcity, low potential for expansion and the ensuing emphasis on yield
per hectare of land; and favorable agro policies supporting sustainable
farming practices.
US$71.7 billion
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3. © Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA. Phone: 408-528-9966 All Rights Reserved.© Global Industry Analysts, Inc., 6150 Hellyer Ave., San Jose, CA 95138, USA. Phone: 408-528-9966 All Rights Reserved.
Major Players…
• Steyr Landmaschinentechnik AG
• AGCO Corporation.
• CLAAS KGaA mbH
• Deere & Company
• New Holland Fiat Pvt. Ltd.
• Escorts Group
• Argo Tractors SpA
• CNH Industrial N.V

4. Scarcity of
Agricultural
Labor Spurs
Interest in
Mechanization
Low-Powered
Farm Tractors
Grow in
Prominence in
Countries with
Fragmented
Farms
Increased Land
Use for the
Cultivation of
Energy Crops
Benefits Growth
Demand for
Certified Used
Machines: A
Key Challenge
to Growth
Snapshot Summary of Market Trends & Drivers
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5. • Market Estimates and Forecasts for 2014-2020
• Historic Review 2007-2013
• Geographic Regions Covered – The US, Canada, Japan,
Europe (France, Germany, Italy, UK, Spain, Russia, and
Rest of Europe), Asia-Pacific (Australia, China, India,
South Korea, and Rest of Asia-Pacific), The Middle East &
Africa, and Latin America (Brazil, and Rest of Latin
America)
• Market Trends & Issues
• Growth Drivers & Enablers
• Growth Inhibitors
• Opportunities and Challenges
• Recent Industry Activity
• Product Innovations & Trends
• Market Analyses, Facts, Figures & Forecasts
• Coverage of Major & Niche Players
• Comprehensive Geographic Coverage
• Extensive Product Coverage
46 major and niche players covered.
To browse full report table of contents, please
Market Analytics Market Profiling
Competitive Intelligence
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7. The research report titled “Farm Tractors: A Global Strategic Business Report” published by Global Industry
Analysts, Inc., is now available for purchase online. To view report excerpts and the full table of contents (TOC)
and to sign up for a comprehensive complimentary review of our research program including details on
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