Research and Markets: Global Agricultural Tractor Market 2015-2019 with AGCO CNH Industrial & Deere and Company Dominating
July 7, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/8lfft4/global) has announced the addition of the “Global Agricultural Tractor Market 2015-2019” report to their offering.
The Global Agricultural Tractor market to grow at a CAGR of 6.57% and 3.2% in terms of value and unit shipments, respectively, during the period 2014-2019.
Global Agricultural Tractor Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region, Europe, North America, South America, and Africa; it also covers the Global Agricultural Tractor market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Vendors are introducing various advanced features in their tractors to make them more effective and efficient, which is a key market trend expected to boost the sales.
According to the report, rise in global population that has increased consumption of food is a major driver in the market, which has resulted in high demand for agricultural products worldwide. Farmers are investing in agricultural machinery so as to keep in pace with increased demand for food and enhance overall productivity.
Further, the report states that correction in commodity prices is a major challenge that is affecting the market growth. It has resulted in a decrease in farm income and margins, thus affecting the purchasing power of farmers and restricting their ability to invest in agricultural tractors.
Key Vendors
- AGCO
- CNH Industrial
- Deere and Company
Other Prominent Vendors
- CLAAS
- Daedong Industrial
- Escorts Group
- Kubota
- Mahindra & Mahindra
- McCormick International
- SAME DEUTZ-FAHR Group
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Global Agriculture: An Overview
- Market Landscape
- Market Segmentation by Geography
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
- Other Prominent Vendors
For more information visit http://www.researchandmarkets.com/research/8lfft4/global
View source version on businesswire.com: http://www.businesswire.com/news/home/20150707006151/en/
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Sector: Agriculture, Tractors
