Global Low HP Tractor Market Research Report, Indu

Low HP Tractor Market - Global Outlook and Forecast 2018-2023

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This market research report on global low HP tractor market offers analysis on market size & forecast, market share, industry trends, growth drivers, and vendor analysis. The market study also includes insights on segmentation by horsepower type (Below 40 HP and 40-100 HP) and by geography (North America, Europe, APAC, Latin America, and MEA).

Low HP Tractor Market - Overview

The economic prosperity of developed countries the US, the UK, and Japan are contributed by the exponential growth of the agricultural industry resulting in increased demand in the global low HP tractor market. The contribution of the secondary and tertiary sector across emerging countries in India, China, and the Sub-Saharan African region will boost the GDP of economies and sales in the global market. Climatic shifts due to rapid urbanization and deforestation are impacting the agricultural yield and promoting the development of innovative agriculture equipment in the global market. The introduction of smart tech solutions will aid to mitigate the negative effects of agriculture and meet the rising demand for food in the market. The farmers are leveraging advanced technology such as GPS and telematics in their tractors to enhance the agricultural productivity in the global market. The implementation of advanced technology in agriculture machines will help increase the productivity and efficiency resulting in a higher yield in the market. Furthermore, the increasing the incidences of droughts, flash floods, unpredictable rainfall, and temperature fluctuations will contribute to the adoption of these machines in the global market. Government initiatives to promote farm mechanization will propel the development of the global low HP tractor market over the next few years.

The integration of precision farming that manages the plantation of crops takes place as per soil specification will help in the evolution of the market. The increasing penetration of low HP machines in countries such as Thailand, Indonesia, Bangladesh, and Africa will contribute to the revenues in the global market. The global low HP tractor market is anticipated to produce volumes of over 2550 thousand units by 2023, growing at a CAGR of approximately 5% during 2017-2023.

Low HP Tractor Market at a Glance

Global HP Tractor Market Size, Market Share, Growth Analysis 2023

Low HP Tractor Market - Dynamics

The growing emergence of custom hiring center model is boosting the adoption of new machines in the global low HP tractor market. The custom hiring of farm machinery refers to renting out of farm machinery such as tractors for a defined period. It is a “pay as per use” model that enables small-scale farmers to use innovative machines at affordable rates in the global market. The establishment of custom hiring centers augments the increase farm mechanization across the world market. These centers are helping in the adoption of climate-resilient practices and technologies across farms and are offering cost saving on cultivation by providing employment to skill labors in the global market. Moreover, the subsidies and funding initiatives established by government agencies will result in the evolution of the global low HP tractor market. For instance, in India, custom hiring centers for farm implements were established in 100 National Innovations on Climate Resilient Agriculture villages that will successfully empower small farmers to improve agriculture operations.

Low HP Tractor Market - Segmentation

This market research report includes a detailed segmentation of the market by products and by geography.

Segmentation of Low HP Tractor Market

Global HP Tractor Market Segments and Share 2023

Low HP Tractor Market – By Horsepower Type

Introduction of semi-professional machines of <40 HP will boost demand in the global low HP tractor market during the forecast period

The global low HP tractor market by horsepower type is categorized into <40 HP and 40-100 HP. The below 40 HP segment dominated the majority of the market share in 2017, growing at a CAGR of around 5% during the forecast period. The growing demand for <40 HP machines across emerging countries and developed nations such as the US will drive the growth of this segment in the global market. The introduction of semi-professional tractors has attracted a large customer base in small-scale agriculture farms and hobby farmers in the global market. The adoption of intensive farming practices in regions of India, China, and Europe will boost the demand for machines of the power segment between 40 to 50 HP in the global market. The adoption of row- crop farming structure and horticulture will help in the growth of this segment in the market. The rising number of small-scale farmers in countries in APAC and Africa that are the smallest users of precision farming equipment and highly use the traditional and basic equipment to plow their fields will help in the development of this segment. The continuous government support and investments from foreign countries in the Middle East region will have a positive impact on the global low HP tractor market.

Low HP Tractor Market – By Geography

Demand for connected technology systems in North America to drive the global low HP tractor market during the forecast period

The geographical segment is divided into North America, Europe, APAC, Latin America, and MEA. North America occupied the largest market share in 2017, growing at a CAGR of more than 3% during the forecast period. The growing adoption of farm mechanization across the US and Canada will fuel the growth of the market in North America. The availability of easy credit loans on the purchase of agriculture machinery will drive sales in the North American market. The increasing focus of the government on sustainable farm practices and technology integrated agricultural models will create lucrative opportunities for leading vendors operating in this region in the global market. Some of the top players in the North American market include AGCO, CNH, Deere, Kubota, and Mahindra. The emergence of small farmers holding land between 1–2 ha is pumping up the demand for low horsepower machiner in the US and Canada. Such factors will help companies gain a larger market share in North America during the forecast period. Furthermore, the dynamic food consumption habits driven by demographic changes and loss in natural productivity of agricultural land will contribute to the demand in the global low HP tractor market.

Key Countries Profiled

The key countries profiled in the report are:

  • US
  • Canada
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Belgium
  • Poland
  • Turkey
  • The Netherlands
  • Spain
  • Australia
  • China
  • India
  • Japan
  • Brazil
  • Mexico
  • Argentina

 

Key Vendor Analysis

The global low HP tractor market is controlled and driven by three major players operating in the space. These companies occupy around 75% of the market share in 2017. The increasing investment in innovative technology for precision farming and machine automation will help vendors sustain the competition in the market. The players are focusing on the implementation of technology such as GPS to attract a maximum number of consumers in the global market. The leading manufacturers are entering the India and China through joint ventures to tap the potential opportunities in the low HP tractor market. The influx of investments in the farming sector will financially benefit the farmers and boost demand in the global market.

The major vendors in the global low HP tractor market are:

  • Mahindra & Mahindra
  • Deere & Company
  • TAFE
  • CNH Industrial
  • AGCO
  • Kubota

 

Other prominent vendors include SDF, CLAAS, Argo, Lovol Heavy Industry, Carraro, Tumosan, ACE, Changzhou Dongfeng Agricultural Machinery Group, Daedong Industrial, The Escorts Group, LS Corp., Agrale, Zetor, Sonalika Group, and Agrinar.

Key market insights include

  1. The analysis of global low HP tractor market provides market size and growth rate for the forecast period 2018-2023.
  2. It offers comprehensive insights into current industry trends, trend forecast, and growth drivers about the global low HP tractor market.
  3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
  4. It offers a complete overview of market segments and the regional outlook of global low HP tractor market.
  5. The report offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

The global low HP tractor market is estimated to produce volumes of around 2,550 thousand units by 2023, growing at a CAGR of approximately 5% during 2017-2023.

The global low HP tractor market is driven by the adoption of precision agriculture equipment and growing demand for technically advanced machines. The steady growth of low power segment machines that ensures good business turnover among hobby farmers and livestock farmers is one of the factors attributing to the growth of the global market. The market research report provides in-depth market analysis and segmental analysis of the global low HP tractor market by HP type and by geography.

Base Year:                  2017

Forecast Year:           2018–2023

The report considers the present scenario of the low hp (less than 100 hp or sub 100 hp) global tractor market and its market dynamics for the period 2018−2023. The report considers all sub-segments of power ranges which are less than 100 hp, for example, 40 – 50 hp or 30 – 50 hp as low hp tractors. It covers a detailed overview of various market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes the leading companies and various other prominent companies operating in the global low HP tractor market.

Major Vendors in the Global Low HP Tractor Market

  • Mahindra & Mahindra
    • Business Overview
    • Mahindra in the Global Low HP Tractor Market
    • Major Product Offerings
    • Key Strategies
    • Key Strengths
    • Key Opportunities
  • Deere & Company
  • TAFE
  • CNH Industrial
  • AGCO
  • Kubota

Prominent Players in the Global Low HP Tractor Market

  • SDF
    • Business Overview
  • CLAAS
  • Argo
  • Lovol Heavy Industry
  • Carraro
  • Tumosan
  • ACE
  • Changzhou Dongfeng Agricultural Machinery Group
  • Daedong Industrial
  • The Escorts Group
  • LS Corp.
  • Agrale
  • Zetor
  • Sonalika Group
  • Agrinar

Market Segmentation by HP Type

  • <40 HP
  • 40-100 HP

Market Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Italy
    • Belgium
    • Poland
    • Turkey
    • The Netherlands
    • Spain
  • APAC
    • Australia
    • China
    • India
    • Japan
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • MEA

1 Research Methodolog

2 Research Objectives

3 Research Process

 

4 Report Coverage

4.1 Market Definition

4.2 Base Year

4.3 Scope of Study

4.3.1 Market Segmentation by Horsepower (HP) Type

4.3.2 Market Segmentation by Geography


5 Report Assumptions and Caveats

5.1 Key Caveats

5.2 Inclusions

5.3 Exclusions

5.4 Currency Conversion

5.5 Market Derivation

 

6 Market at a Glance

7 Introduction

7.1 Overview

 

8 Low HP Tractor Market Dynamics

8.1 Low HP Tractor Market Growth Enablers

8.1.1 High Prevalence of Small-sized Farms and Small-scale Farmers across the world

8.1.2 Increased Food Consumption and Rapid Population Growth

8.1.3 Farmers Adopting Mechanization in Farms to Increase Yield

8.1.4 Increased Financial Assistance to Farmers through Loans and Subsidies

8.1.5 Lack of Skilled Labors in Farms

8.1.6 YOY Impact of Market Growth Enablers

8.1.7 YOY Impact of Market Growth Enablers on Regions

8.2 Low HP Tractor Market Growth Restraints

8.2.1 Climate Changes Adversely Impacting Agriculture Activities

8.2.2 Weakening of Global Commodity Prices

8.2.3 Increasing Demand for Used and Rentals

8.2.4 Farmers Unaware about Latest Development in Agricultural Technologies

8.2.5 Volatility in Cost of Raw Materials

8.2.6 YOY Impact of Market Growth Restraints

8.2.7 YOY Impact of Market Growth Restraints on Regions

8.3 Low HP Tractor Market Opportunities and Trends

8.3.1 Increasing Adoption of Precision Farming

8.3.2 Development of Smart and Autonomous Vehicles

8.3.3 Emergence of Custom Hiring Center Model

8.3.4 Increasing Use of Non-conventional Fuel in Vehicles

8.3.5 YOY Impact of Market Opportunities and Trends

8.3.6 YOY Impact of Market Opportunities and Trends on Regions

 

9 Global Low HP Tractor Market

9.1 Low HP Tractor Market Overview

9.1.1 Historical Market Size & Forecast 2010-2016

9.1.2 Market Size and Forecast 2017–2023

9.2 Porter’s Five Forces Analysis

9.2.1 Threat of New Entrants

9.2.2 Bargaining Power of Suppliers

9.2.3 Bargaining Power of Buyers

9.2.4 Threat of Substitutes

9.2.5 Competitive Rivalry

 

10 Global Low HP Tractor Market by HP

10.1 Low HP Tractor Market Overview

10.2 Less Than 40 HP

10.2.1 Low HP Tractor Market Size and Forecast

10.3 40 - 100 HP

10.3.1 Low HP Tractor Market Size and Forecast

 

11 Global Low HP Tractor Market by Geography

11.1 Geographical Overview

 

12 North America: Low HP Tractor Market

12.1 Low HP Tractor Market Overview

12.2 Market Size and Forecast

12.3 Segmentation by HP

12.4 Less Than 40 HP

12.4.1 Market Size and Forecast

12.5 40-100 HP

12.5.1 Market Size and Forecast

12.6 Key Countries

12.7 US: Market Size and Forecast

12.7.1 Market Overview

12.7.2 Market Size and Forecast

12.7.3 Segmentation by HP

12.7.4 Less Than 40 HP: Market Size and Forecast

12.7.5 40-100 HP: Market Size and Forecast

12.7.6 Market Share Analysis

12.8 Canada: Market Size and Forecast

12.8.1 Market Overview

12.8.2 Market Size and Forecast

12.8.3 Segmentation by HP

12.8.4 Less Than 40 HP: Market Size and Forecast

12.8.5 40-100 HP: Market Size and Forecast

12.8.6 Market Share Analysis

 

13 Europe: Low HP Tractor Market

13.1 Low HP Tractor Market Overview

13.2 Low HP Tractor Market Size and Forecast

13.3 Type-Approval (Mother) Regulations in Europe

13.4 Segmentation by HP

13.5 Less Than 40 HP

13.5.1 Market Size and Forecast

13.6 40 - 100 HP

13.6.1 Market Size and Forecast

13.7 Key Countries

13.8 UK: Market Size and Forecast

13.8.1 Market Overview

13.8.2 Market Size and Forecast

13.8.3 Segmentation by HP

13.8.4 Less Than 40 HP: Market Size and Forecast

13.8.5 40-100 HP: Market Size and Forecast

13.8.6 Market Share Analysis

13.9 Germany: Market Size and Forecast

13.9.1 Market Overview

13.9.2 Market Size and Forecast

13.9.3 Segmentation by HP

13.9.4 Less Than 40 HP: Market Size and Forecast

13.9.5 40-100 HP: Market Size and Forecast

13.9.6 Market Share Analysis

13.10  France: Market Size and Forecast

13.10.1 Market Overview

13.10.2 Market Size and Forecast

13.10.3 Segmentation by HP

13.10.4 Less Than 40 HP: Market Size and Forecast

13.10.5 40-100 HP: Market Size and Forecast

13.10.6 Market Share Analysis

13.11 Russia: Market Size and Forecast

13.11.1 Market Overview

13.11.2 Market Size and Forecast

13.11.3 Segmentation by HP

13.11.4 Less Than 40 HP: Market Size and Forecast

13.11.5 40-100 HP: Market Size and Forecast

13.11.6 Market Share Analysis

13.12 Italy: Market Size and Forecast

13.12.1 Market Overview

13.12.2 Market Size and Forecast

13.12.3 Segmentation by HP

13.12.4 Less Than 40 HP: Market Size and Forecast

13.12.5 40-100 HP: Market Size and Forecast

13.12.6 Market Share Analysis

13.13 Belgium: Market Size and Forecast

13.13.1 Market Overview

13.13.2 Market Size and Forecast

13.13.3 Segmentation by HP

13.13.4 Less Than 40 HP: Market Size and Forecast

13.13.5 40-100 HP: Market Size and Forecast

13.13.6 Market Share Analysis

13.14 Poland: Market Size and Forecast

13.14.1 Market Overview

13.14.2 Market Size and Forecast

13.14.3 Segmentation by HP

13.14.4 Less Than 40 HP: Market Size and Forecast

13.14.5 40-100 HP: Market Size and Forecast

13.14.6 Market Share Analysis

13.15 Turkey: Market Size and Forecast

 13.15.1 Market Share

13.15.2 Market Size and Forecast

13.15.3 Segmentation by HP

13.15.4 Less Than 40 HP: Market Size and Forecast

13.15.5 40-100 HP: Market Size and Forecast

13.15.6 Market Share Analysis

13.16 The Netherlands: Market Size and Forecast

13.16.1 Market Overview

13.16.2 Market Size and Forecast

13.16.3 Segmentation by HP

13.16.4 Less Than 40 HP: Market Size and Forecast

13.16.5 40-100 HP: Market Size and Forecast

13.16.6 Market Share Analysis

13.17 Spain: Market Size and Forecast

13.17.1 Market Overview

13.17.2 Market Size and Forecast

13.17.3 Segmentation by HP

13.17.4 Less Than 40 HP: Market Size and Forecast

13.17.5 40-100 HP: Market Size and Forecast

13.17.6 Market Share Analysis

 

14 APAC: Low HP Tractor Market

14.1 Low HP Tractor Market Overview

14.2 Market Size and Forecast

14.3 Segmentation by HP

14.4 Less Than 40 HP

14.4.1 Market Size and Forecast

14.5 40 - 100 HP

14.5.1 Market Size and Forecast

14.6 Key Countries

14.7 Australia: Market Size and Forecast

  14.7.1 Low HP Tractor Market Overview

  14.7.2 Market Size and Forecast

 14.7.3 Segmentation by HP

14.7.4 Less Than 40 HP: Market Size and Forecast

14.7.5 40-100 HP: Market Size and Forecast

14.7.6 Market Share Analysis

14.8 China: Market Size and Forecast

14.8.1 Market Overview

14.8.2 Market Size and Forecast

14.8.3 Segmentation by HP

14.8.4 Less Than 40 HP: Market Size and Forecast

14.8.5 40-100 HP: Market Size and Forecast

14.8.6 Market Share Analysis

14.9 India: Market Size and Forecast

14.9.1 Market Overview

14.9.2 Market Size and Forecast

14.9.3 Segmentation by HP

14.9.4 Less Than 40 HP: Market Size and Forecast

14.9.5 40-100 HP: Market Size and Forecast

14.9.6 Market Share Analysis

14.1 Japan: Market Size and Forecast

14.10.1 Market Overview

14.10.2 Market Size and Forecast

14.10.3 Segmentation by HP

14.10.4 Less Than 40 HP: Market Size and Forecast

14.10.5 40-100 HP: Market Size and Forecast

14.10.6 Market Share Analysis

 

15 Latin America: Low HP Tractor Market

15.1 Low HP Tractor Market Overview

15.2 Market Size and Forecast

15.3 Segmentation by HP

15.4 Less Than 40 HP

15.4.1 Market Size and Forecast

15.5 40 - 100 HP

15.5.1 Market Size and Forecast

15.6 Key Countries

15.7 Brazil: Market Size and Forecast

15.7.1 Market Overview

15.7.2 Market Size and Forecast

15.7.3 Segmentation by HP

15.7.4 Less than 40 HP: Market Size and Forecast

15.7.5 40-100 HP: Market Size and Forecast

15.7.6 Market Share Analysis

15.8 Mexico: Market Size and Forecast

15.8.1 Market Overview

15.8.2 Market Size and Forecast

15.8.3 Segmentation by HP

15.8.4 Less Than 40 HP: Market Size and Forecast

15.8.5 40-100 HP: Market Size and Forecast

15.8.6 Market Share Analysis

15.9 Argentina: Market Size and Forecast

15.9.1 Market Overview

15.9.2 Market Size and Forecast

15.9.3 Segmentation by HP

15.9.4 Less Than 40 HP: Market Size and Forecast

15.9.5 40-100 HP: Market Size and Forecast

15.9.6 Market Share Analysis

 

16 MEA: Low HP Tractor Market

16.1 Low HP Tractor Market Overview

16.2 Market Size and Forecast

16.3 Segmentation by HP

16.4 Less Than 40 HP

16.4.1 Market Size and Forecast

16.5 40 - 100 HP

16.5.1 Market Size and Forecast

16.6 Market Share Analysis

 

17 Competitive Landscape


18 Key Company Profiles

18.1 Mahindra

18.1.1 Business Overview

18.1.2 Mahindra in Less Than 100 HP Market

18.1.3 Major Product Offerings

18.1.4 Key Strategies

18.1.5 Key Strengths

18.1.6 Key Opportunities

18.2 Deere and Company

18.2.1 Business Overview

18.2.2 Deere and Company in Global Low HP Tractor Market

18.2.3 Major Product Offerings

18.2.4 Key strategies

18.2.5 Key Strengths

18.2.6 Key Opportunities

18.3 TAFE

18.3.1 Business Overview

18.3.2 TAFE in Global Low HP Tractor Market

18.3.3 Major Product Offerings

18.3.4 Key Strategies

18.3.5 Key Strengths

18.3.6 Key Opportunities

18.4 CNH

18.4.1 Business Overview

18.4.2 CNH in Global Low HP Tractor Market

18.4.3 Major Product Offerings

18.4.4 Key Strategies

18.4.5 Key Strengths

18.4.6 Key Opportunities

18.5 AGCO

18.5.1 Business Overview

18.5.2 AGCO in Global Low HP Tractor Market

18.5.3 Major Product Offerings

18.5.4 Key Strategies

18.5.5 Key Strengths

18.5.6 Key Opportunities

18.6 Kubota

18.6.1 Business Overview

18.6.2 Kubota in Global Low HP Tractor Market

18.6.3 Major Product Offerings

18.6.4 Key Strategies

18.6.5 Key Strengths

18.6.6 Key Opportunities

 

19 Other Prominent Vendors

19.1 SDF

19.1.1 Business Overview

19.2 CLAAS

19.2.1 Business Overview

19.3 Argo Tractors

19.3.1 Business Overview

19.4 Lovol

19.4.1 Business Overview

19.5 Carraro

19.5.1 Business Overview

19.6 Tumosan

19.6.1 Business Overview

19.6.2 Product Offerings

19.7 ACE Tractors

19.7.1 Business Overview

19.8 Changzhou Dongfeng Agricultural Machinery Group

19.8.1 Business Overview

19.9 Daedong Industrial

19.9.1 Business Overview

19.10 Escorts

19.10.1 Business Overview

19.11 LS Corp.

19.11.1 Business Overview

19.12 Agrale

19.12.1 Business Overview

19.13 Zetor Tractors

19.13.1 Business Overview

19.14 Sonalika

19.14.1 Business Overview

19.15 Agrinar

19.15.1 Business Overview

 

20 Report Summary

20.1 Key Takeaways

20.2 Qualitative Summary: Global Low HP Tractor Market

20.3 Quantitative Summary: GlobaL Low HP Tractor Market

20.3.1 Market by Geography

20.3.2 Market by HP

 

21 Appendix

21.1 Abbreviations

 

List Of Exhibits

Exhibit 1     Segmentation of Global Low HP Tractor Market
Exhibit 2     Market Size Calculation Approach 2017
Exhibit 3     Market Overview and Analysis of Major Countries 2017
Exhibit 4     Global Real GDP Growth and Value Added by Agriculture 2010−2016
Exhibit 5     Global Low-power Market by HP 2017
Exhibit 6     Share of Farms by Regions 2017 (%)
Exhibit 7     Share of Farms by Land Size 2017 (%)
Exhibit 8     Global Population Forecast 2020−2050 (billion)
Exhibit 9     Farm Mechanization Level of Major Geographies (%)
Exhibit 10   Average Age of Farmers in Select Countries 2017
Exhibit 11   Average Price of Commodities Worldwide ($ per metric ton)
Exhibit 12   Global Iron Ore and Aluminum Prices 2008–2017 ($ per metric ton)
Exhibit 13   US Steel and Rubber Prices ($ per metric ton)
Exhibit 14   Global Fertilizer Prices by Type ($ per metric ton)
Exhibit 15   Global Autonomous Market 2017−2023 (thousand units)
Exhibit 16   Volatile Nature of Diesel Price Change 2016–2018 ($ per gallon)
Exhibit 17   Global Market 2010–2016 (thousand units)
Exhibit 18   Global Low HP Tractor Market 2017−2023 (thousand units)
Exhibit 19   Global Low HP Tractor Market by Geography 2017 (%)
Exhibit 20   Five Forces Analysis 2017
Exhibit 21   Global Low HP Tractor Market by HP 2017 and 2023 (thousand units)
Exhibit 22   Global Low HP Tractor Market by HP 2017–2023 (%share)
Exhibit 23   Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 24   40-100 HP Market 2017–2023 (thousand units)
Exhibit 25   Global Low HP Tractor Market by Geographies 2017 and 2023 (thousand units)
Exhibit 26   Global Low HP Tractor Market by Geography
Exhibit 27   Growth Rate of Different Geographies 2017–2023 (%)
Exhibit 28   North America: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 29   North America: Market by HP 2017−2023
Exhibit 30   North America: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 31   North America: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 32   North America: Low HP Market by Key Countries 2017 and 2023 (thousand units)
Exhibit 33   US: Market 2017–2023 (thousand units)
Exhibit 34   US: Market by HP 2017–2023 (% share)
Exhibit 35   US: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 36   US: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 37   US: Market by Leading Brands 2017
Exhibit 38   Canada: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 39   Canada: Market by HP 2017–2023 (% share)
Exhibit 40   Canada: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 41   Canada: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 42   Canada: Market by Leading Brands 2017
Exhibit 43   Europe: Low HP Tractor Market 2017 (Overview) (thousand units)
Exhibit 44   Europe: Low HP Tractor Market 2017−2023 (thousand units)
Exhibit 45   Europe: Agriculture and Crop Output by Country 2017 (% of Total Agriculture and Crop Output)
Exhibit 46   Europe: Market by HP 2017–2023 (% share)
Exhibit 47   Europe: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 48   Europe: 40 - 100 HP Market 2017–2023 (thousand units)
Exhibit 49   Europe: Low HP Tractor Market by Major Countries 2017 and 2023 (thousand units)
Exhibit 50   UK: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 51   Tractors Registration Growth by Region 2017/2016 (more than 51 HP)
Exhibit 52   UK: Market by HP 2017−2023 (thousand units)
Exhibit 53   UK: Less than 40 HP Market 2017 – 2023 (thousand units)
Exhibit 54   UK: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 55   UK: Market by Leading Brands 2017
Exhibit 56   Germany: Market 2017−2023 (thousand units)
Exhibit 57   Germany: Market by HP 2017−2023 (thousand units)
Exhibit 58   Germany: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 59   Germany: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 60   Germany: Market by Leading Players 2017
Exhibit 61   France: Market 2017–2023 (thousand units)
Exhibit 62   France: Market by HP 2017–2023 (thousand units)
Exhibit 63   France: Less than 40 HP Market 2017–2023 (thousand units)
Exhibit 64   France: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 65   France: Market by Leading Brands 2017
Exhibit 66   Russia: Market 2017–2023 (thousand units)
Exhibit 67   Russia: Market by HP 2017–2023 (thousand units)
Exhibit 68   Russia: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 69   Russia: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 70   Russia: Market by Leading Brands 2017−2023 (%)
Exhibit 71   Italy: GDP Growth Rate 2011–2017 (%)
Exhibit 72   Italy: Market 2017–2023 (thousand units)
Exhibit 73   Italy: Market by HP 2017–2023(thousand units)
Exhibit 74   Italy: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 75   Italy: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 76   Italy: Market by Leading Brands 2017
Exhibit 78   Belgium: Market 2017–2023 (thousand units)
Exhibit 79   Belgium: Market by HP 2017–2023 (thousand units)
Exhibit 80   Belgium: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 81   Belgium: Market by Leading Brands 2017
Exhibit 82   Poland: Market 2017–2023 (thousand units)
Exhibit 83   Poland: Market by HP 2017–2023 (thousand units)
Exhibit 84   Poland: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 85   Poland: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 86   Poland: Market by Leading Brands 2017
Exhibit 87   Turkey: Market 2017–2023 (thousand units)
Exhibit 88   Turkey: Market by HP 2017–2023 (thousand units)
Exhibit 89   Turkey: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 90   Turkey: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 91   Turkey: Market by Leading Brands 2017
Exhibit 92   Netherlands: Market 2017–2023 (thousand units)
Exhibit 93   Netherlands: Market by HP 2017–2023 (thousand units)
Exhibit 94   Netherlands: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 95   Netherlands: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 96   Netherlands: Market by Leading Brands 2017
Exhibit 97   Spain: GDP Growth Rate 2011–2017 (%)
Exhibit 98   Spain: Market 2017–2023 (thousand units)
Exhibit 99    Agricultural Land Holding Structure 2017
Exhibit 100  Spain: Market by Segmentation 2017−2023 (thousand units) 172
Exhibit 101  Spain: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 102  Spain: 40-100 HP Market 2017–2023 (thousand units) 173
Exhibit 103  Spain: Market by Leading Brands 2017 174
Exhibit 104  APAC: Market 2017–2023 (thousand units) 178
Exhibit 105  APAC: Market by HP 2017–2023 (thousand units) 180
Exhibit 106  APAC: Less Than 40 HP Market 2017–2023 (thousand units) 181
Exhibit 107  APAC: 40-100 HP Market 2017–2023 (thousand units) 183
Exhibit 108  APAC: Low HP Tractor Market by Key Countries 2017 and 2023 (thousand units) 185
Exhibit 109  Australia: Low HP Tractor Market 2017–2023 (thousand units) 187
Exhibit 110  Australia: Market by HP 2017–2023 (thousand units)
Exhibit 111  Australia: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 112  Australia: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 113  China: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 114  China: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 115  China: Less Than 40 HP Market 2017–2023 (thousand units)
Exhibit 116  China: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 117  Production of Major Crops in India 2010–2017 (million tons)
Exhibit 118  India: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 119  India: Low HP Tractor Market by HP 2017–2023 (thousand units)
Exhibit 120  India: Less Than 40 HP Market 2017–2023 (thousand units) 200
Exhibit 121  India: 40-100 HP Market 2017–2023 (thousand units)
Exhibit 122  India: Low HP Tractor Market by Leading Brands 2017 201
Exhibit 123  Japan: Low HP Tractor Market 2017–2023 (thousand units) 202
Exhibit 124  Japan: Market by HP 2017–2023 (thousand units) 204
Exhibit 125  Japan: Less Than 40 HP Market 2017–2023 (thousand units) 204
Exhibit 126  Japan: 40-100 HP Market in Japan 2017–2023 (thousand units) 205
Exhibit 127  Latin America: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 128  Latin America: Market by HP 2017–2023 (thousand units) 211
Exhibit 129  Latin America: Less Than 40 HP Market 2017–2023 (thousand units) 212
Exhibit 130  Latin America: 40 -100 HP Market 2017–2023 (thousand units) 214
Exhibit 131  Latin America: Low HP Tractor Market by Key Countries 2017 and 2023 (thousand units)
Exhibit 132  Brazil: Low HP Tractor Market 2017–2023 (thousand units) 217
Exhibit 133  Brazil: Low HP Tractor Market by HP 2017–2023 (thousand units) 218
Exhibit 134  Brazil: Less Than 40 HP Market 2017–2023 (thousand units) 219
Exhibit 135  Brazil: 40-100 HP Market 2017–2023 (thousand units) 220
Exhibit 136  Brazil: Low HP Tractor Market by Leading Brands 2017 221
Exhibit 137  Mexico: Low HP Tractor Market 2017–2023 (thousand units)
Exhibit 138  Mexico: Market by HP 2017–2023 (thousand units) 224
Exhibit 139  Mexico: Less Than 40 HP Market 2017–2023 (thousand units) 225
Exhibit 140  Mexico: 40-100 HP Market 2017–2023 (thousand units) 225
Exhibit 141  Mexico: Low HP Tractor Market by Leading Brand 2017 (%)
Exhibit 142  Argentina: Low HP Tractor Market 2017–2023 (thousand units) 228
Exhibit 143  Argentina: Market by HP 2017–2023 (thousand units) 229
Exhibit 144  Argentina: Less Than 40 HP Market 2017 –2023 (thousand units) 230
Exhibit 145  Argentina: 40-100 HP Market 2017–2023 (thousand units) 230
Exhibit 146  Argentina: Low HP Tractor Market by Leading Brands 2017 231
Exhibit 147  MEA: Low HP Tractor Market 2017–2023 (thousand units) 234
Exhibit 148  Share of Power Provided to Fields 2017 235
Exhibit 149  MEA: Market by HP 2017−2023 237
Exhibit 150  MEA: Less Than 40 HP Market 2017–2023 (thousand units) 238
Exhibit 151  MEA: 40 - 100 HP Market 2017 – 2023 (thousand units)
Exhibit 152 MEA: Low HP Tractor Market by Leading Brands 2017 239

List Of Tables

Table 1      Key Geographies Definition
Table 2      Key Caveats
Table 3      Currency Conversion 2013−2017
Table 4      YOY Impact of Low HP Tractor Market Growth Enablers 2017−2023
Table 5      YOY Impact of Market Growth Enablers on Regions 2017
Table 6      YOY Impact of Low HP Tractor Market Growth Restraints 2017−2023
Table 7      YOY Impact of Market Growth Restraints on Regions 2017
Table 8      YOY Impact of Market Opportunities and Trends 2017−2023
Table 9      YOY Impact of Low HP Tractor Market Opportunities and Trends on Regions 2017
Table 10    Global Low HP Market by HP 2017 and 2023 (thousand units)
Table 11     Less Than 40 HP Market 2017–2023 (thousand units)
Table 12     Less Than 40 HP Market 2017–2023 (% share)
Table 13     40-100 HP Market by Sales 2017–2023 (thousand units)
Table 14     40-100 HP Market by Sales 2017–2023 (% Share)
Table 15     North America: Low HP Sales by HP in Major Countries 2017–2023
Table 16     North America: Less Than 40 HP by Major Countries 2017–2023 (thousand units)
Table 17     North America: 40-100 HP Sales by Major Countries 2017–2023 (thousand units)
Table 18     US: Low HP Tractor Market 2017−2023 (thousand units)
Table 19     Canada: Low HP Tractor Market 2017−2023 (thousand units)
Table 20     Europe: Percentage Share of Tractors by Power by Countries 2017
Table 21     Europe: Sales by HP in Major Countries 2017–2023 (thousand units)
Table 22     Europe: Less Than 40 HP Market by Major Countries 2017–2023 (thousand units)
Table 23     Europe: Less Than 40 HP by Major Countries 2017–2023 (% share)
Table 24     Europe: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 25     Europe: 40-100 HP Sales in Major Countries 2017 – 2023 (Market Share)
Table 26     UK: Market 2017−2023 (thousand units)
Table 27     Germany: Low HP Tractor Market 2017–2023 (thousand units)
Table 28     France: Market 2017−2023 (thousand units)
Table 29     Russia: Market 2017−2023 (thousand units)
Table 30     Italy Rice Area (Hectare)
Table 31     Italy: Market 2017–2023 (thousand units)
Table 32     Belgium: Low HP Tractor Market 2017–2023 (thousand units)
Table 33     Poland: Low HP Tractor Market 2017–2023 (thousand units)
Table 34     Turkey: Market 2017–2023 (thousand units)
Table 35     Number of Farms in Netherlands 2000, 2005, 2010, 2015, 2016, and 2017 (ha)
Table 36     Netherlands: Low HP Tractor Market 2017–2023 (thousand units)
Table 37    Spain: Market 2017–2023 (thousand units)
Table 38    APAC: by Power by Countries 2017 (thousand units)
Table 39    APAC: Sales by HP in Major Countries 2017–2023
Table 40    APAC: Less Than 40 HP Market by Major Countries 2017–2023 (thousand units)
Table 41    APAC: Less Than 40 HP Market by Major Countries 2017–2023 (% Share)
Table 42    APAC: 40-100 HP Sales by Major Countries 2017–2023 (thousand units)
Table 43    APAC: 40-100 HP Sales by Major Countries 2017–2023 ( % Share)
Table 44    Top Ten Manufacturers by Brand Popularity in Australia 2017
Table 45    Australia: Market 2017−2023 (thousand units)
Table 46    Top Ten Manufacturers by Brand Popularity in China 2017
Table 47    China: Low HP Tractor Market 2017−2023 (thousand units)
Table 48    India: Market 2017−2023 (thousand units)
Table 49    Top Five Manufacturers by Brand Popularity in Japan 2017
Table 50    Japan: Low HP Tractor Market 2017−2023 (thousand units)
Table 51    Latin America: Percentage Share by Power by Countries 2017
Table 52    Latin America: Sales by HP in Major Countries 2017–2023 (thousand units)
Table 53    Latin America: Less Than 40 HP by Major Countries 2017–2023 (thousand units)
Table 54    Latin America: Less Than 40 HP by Major Countries 2017–2023 (% share)
Table 55    Latin America: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 56    Latin America: 40-100 HP Sales by Major Countries 2017–2023 ( % share)
Table 57    Brazil: Low HP Tractor Market 2017−2023 (thousand units)
Table 58    Mexico: Market 2017−2023 (thousand units)
Table 59    Argentina: Market 2017−2023 (thousand units)
Table 60    Share of Agriculture Sector in Economy of Select MEA Countries
Table 61    MEA: Market 2017– 2023 (thousand units)
Table 62    Mahindra: Product Offerings
Table 63    Deere and Company: Product Offerings
Table 64    Mahindra: Product Offerings
Table 65    CNH: Product Offerings
Table 66    AGCO: Product Offerings
Table 67    Kubota: Product Offerings
Table 68    Qualitative Summary of Global Low HP Tractor Market
Table 69    Quantitative Summary of Low HP Tractor Market by Geographies (thousand units)
Table 70    Quantitative Summary of Less Than 40 HP Market by Geographies (thousand units)
Table 71    Quantitative Summary of 40-100 HP Market by Geographies (thousand units)
Table 72    Quantitative Summary of Market by HP 2017–2023 (thousand units)
Table 73    North America: <40HP Sales in Major Countries 2017–2023 (thousand units)
Table 74    North America: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 75    Europe: <40 HP Sales in Major Countries 2017–2023 (thousand units)
Table 76    Europe: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 77    APAC: <40 HP Sales in Major Countries 2017–2023 (thousand units)
Table 78    APAC: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 79    Latin America: <40 HP Sales in Major Countries 2017–2023 (thousand units)
Table 80    Latin America: 40-100 HP Sales in Major Countries 2017–2023 (thousand units)
Table 81    MEA: Low HP Sales in Major Countries 2017–2023 (thousand units)

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