MRO Magazine

Tractor Market in India 2016 with Focus on less than 20 HP and more than 50 HP segment – Research and Markets


January 27, 2016
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/n39w9b/tractor_market_in) has announced the addition of the “Tractor Market in India (Focus on less than 20 HP and more than 50 HP segment)” report to their offering.

The Tractor industry in India has seen a strong volume growth in the last few years backed by strong domestic demand and initiation of exports. Tractor industry has witnessed a change in demand in terms of consumer preference, primarily driven by increase of farmer’s income and creation of new value segments. Currently, 83% of the farmers in India fall under small and marginal segment (Marginal landholding – <1 ha and Small land holding- 1-2 ha), where tractor penetration is close to 1%.

The key drivers are:

– Growing production and sales in the less than 20 HP tractor segment

– Growing production and sales in more than 50 HP tractor segment driven by demand for high-end feature laden tractors

The sales has increased 10 folds backed by the production of new Mahindra Yuvraj 215 (M&M), Captain DI 2600, Captain DI 120 (Captain Tractors), Shakti MT 180D, EuroTrac-VST 180D (VST Tillers), Ustad (Greaves Cotton) and others.

Key Topics Covered:

1. Executive Summary

– Introduction

– Summary of key findings

2. Overview of Indian Tractor Market

– Segmentation of Tractor market by Power output (HP)

– Segmentation of Tractor market by Region and State

– Segmentation by Players

– Projection of market volumes (2016 to 2020)

3. Overview of Indian tractor market less than 20 HP

– Shares by Players

– Shares by Region

– Projection of the market volumes (2016-2020)

– Key demand drivers for tractors (Less than 20 HP)

4. Overview of tractor market more than 50 HP

– Shares by Players

– Shares by regions

– Projection of the market volumes (2016-2020)

– Demand driver of tractors (more than 50 HP)

5. Impact of Bharat Stage IV implementation on tractor manufacturers

6. Recommendation for tractor manufacturers

7. References

For more information visit http://www.researchandmarkets.com/research/n39w9b/tractor_market_in

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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