Farm Tractors Market worth 65.57 Billion USD by 2022
The Farm Tractors Market is projected to reach a market size of USD 65.57 Billion by 2022, at a CAGR of 5.24% during the forecast period
(EMAILWIRE.COM, June 23, 2017 ) The report "Farm Tractor Market by (Power Output (30, 31-100, 101-200, >200hp), Drive Type (2WD, 4WD, & Autonomous Tractor), Combines Market (Corn, Rice, Wheat, Soybean), Implements Market (Harvest, Hay, Plant & Fertilize, Plow & Cultivate, Spray) - Forecast to 2022", The Farm Tractors Market is projected to reach a market size of USD 65.57 Billion by 2022, at a CAGR of 5.24% during the forecast period & Agricultural Equipment Market is projected to grow at a CAGR of 5.31% during the forecast period, to reach a market size of USD 139.41 Billion by 2022.
Browse 78 market data tables and 62 figures spread through 194 pages and in-depth TOC on "Farm Tractor Market - Forecast to 2022"
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Factors such as increasing demand for food and food products, rising mechanization trend in agriculture, shortage of skilled labor and increasing labor cost, government subsidies, and growing need for operational efficiency and profitability are the key drivers for the agricultural equipment market.
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31–100 hp farm tractors segment is estimated to hold the largest market share during the forecast period
China, India, and the U.S. are the top countries in terms of farm tractor sales. According to Agrievolution Tractors Market Report, 30–50 hp farm tractors accounted for ~80% of the global farm tractors market in 2015. Based on a publication by the Association of Equipment Manufacturers (AEM), the U.S. and Canada had approximately 56.3% market of
Browse 78 market data tables and 62 figures spread through 194 pages and in-depth TOC on "Farm Tractor Market - Forecast to 2022"
Download PDF Brochure:
http://www.marketsandmarkets.com/pdfdownload.asp?id=164005174
Early buyers will receive 10% customization on reports.
Factors such as increasing demand for food and food products, rising mechanization trend in agriculture, shortage of skilled labor and increasing labor cost, government subsidies, and growing need for operational efficiency and profitability are the key drivers for the agricultural equipment market.
Get Report Sample Copy:
http://www.marketsandmarkets.com/requestsample.asp?id=164005174
31–100 hp farm tractors segment is estimated to hold the largest market share during the forecast period
China, India, and the U.S. are the top countries in terms of farm tractor sales. According to Agrievolution Tractors Market Report, 30–50 hp farm tractors accounted for ~80% of the global farm tractors market in 2015. Based on a publication by the Association of Equipment Manufacturers (AEM), the U.S. and Canada had approximately 56.3% market of
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results