US $ 100.77 Billion Specialty Tractor Market Global Market Size, Application Analysis, Regional Outlook 2028

Reports and data

The specialty tractors market was valued at USD 100.77 billion in 2020 and is expected to grow at a CAGR of 4.5% CAGR during the forecast period (2020 to 2028).

NEW YORK, NY, USA, Nov. 17, 2021 /EINPresswire.com/ – The specialty tractor market was valued at $ 91.4 billion and is expected to reach $ 132.1 billion by 2028, at a CAGR of 4 , 7% CAGR during the forecast period (from 2020-2026). The growth of agriculture in developing regions is one of the major reasons driving the growth of the market. In addition, government subsidies for agricultural mechanization are another crucial factor contributing to the growth of the market. Tractors are used on farms to help farmers with tasks such as construction and pulling loads. Agricultural use dominates the tractor use segment.

OEMs offer and integrate advanced safety features into the market given the living nature of these tractor applications. For example, New Holland began to offer an automatic traction control system. The system engages the front-wheel drive for optimal braking, traction and steering, only when needed. This system also monitors operation on hilly surfaces to control loads when descending and engages the front-wheel drive for additional traction when going uphill. For the most extreme operations, the front wheel drive can be fully engaged to provide maximum traction at all times of operations.

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Other key findings from the report suggest-

The new niche market segment of specialized tractors with power below 30 HP is growing. These tractors have major applications in vineyards, orchards, horticulture, fruits, vegetables and sugar cane
Specialty tractors designed for orchard or vineyard applications are seeing a shift from 30HP 2WD to 22HP 4WD
These tractors have major applications in agriculture, and particularly in orchards and vineyards.
The narrow tractor type is generally used in vineyards due to the narrower rows of wines and the less stable surface
Low profile tractors are mainly used in orchards due to mountainous soil or hilly areas. It provides greater stability than traditional tractors. Low clearance tractors are used for awning, pergola or vase cultivation. Compact tractors are used to have a better view of the terrain and the driving position
The small size of narrow tractors helps farmers reap their harvest with less damage to vines, fruit and trees, resulting in higher yields and greater return on investment.
Massey Ferguson has launched the MF3700 series of specialty tractors. This series of tractors is developed for orchards and winegrowers, those who need stability on the slopes. These specialty tractors are primarily designed for high value farmers requiring bespoke functionality
The demand for increased agricultural output is the main driver behind the demand for specialized tractors in the agricultural segment. In addition, specialized tractors are made with the nature of sensitive fruit and vegetable crops in mind, and farmers often have to squeeze through the narrow rows of their farm.
New Holland has developed a range of lower horsepower – compact specialty tractors. This series of tractors is specially developed for orchard, tree nuts and viticulture producers
Manufacturers focus more on operator comfort
Kubota M-Series Specialty Tractors offer a touchscreen control panel, optional guidance system and are designed to maximize operator comfort
John Deere began offering integrated AutoTrac and JDLink guidance applications in its traditional product line
Narrow Reach Specialty Tractors are expected to experience stable and robust growth due to their narrow path navigation characteristic
Orchard farmers work in unique circumstances and they need tractors small enough to fit between tight rows, with a low profile to have superior mobility and to prevent damage to low height fruit.
John Deere, Mahindra & Mahindra Ltd, CNH Industrial NV, Kubota Corporation, AGCO, Same Deutz-Fahr, Kuhn, CLAAS, JCB, MTZ (Minsk) and others operate in the market

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For the purpose of this study, reports and data segmented industry by Type, Drive, Application, Power and Region:

Specialized Tractor by Type (Revenue, USD Million; 2016-2026)

Narrow
Low profile
Large clearance

Specialty Tractor by Drive (Revenue, USD Million; 2016-2026)

2WD
4×4

Specialty Tractor by Application (Revenue, USD Million; 2016-2026)

Agriculture
Orchard
Vineyard
Others
Forestry
Construction
Others

Specialized Tractor by Horsepower (Revenue, USD Million; 2016-2026)

> 75 HP

Specialty Tractor by Region (Revenue, USD Million; 2016-2026)

North America
we
Canada
Mexico
Europe
France
Italy
Germany
UK
Spain
Benelux
Rest of europe
Asia Pacific
Australia
New Zealand
China
India
Rest of Asia-Pacific
Middle East and Africa
Latin America
Brazil
Argentina
Rest of Latin America

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Contents:

Chapter 1. Specialized Tractors Segmentation and Impact Analysis
1.1. Analysis of the segmentation of specialized tractors
1.2. Specialty Tractor Market Value Chain Analysis, 2016-2026
1.3. Regulatory framework
1.4. Analysis of the impact of the specialized tractor market
1.4.1. Market driver analysis
1.4.1.1. Increase crop yield
1.4.1.2. Improved productivity
1.4.1.3. Demand from emerging economies
1.4.2. Analysis of market restrictions
1.4.2.1. Small target audience
1.5. Priority key opportunities
1.6. Price analysis of specialized tractors
1.7. Industry Analysis – Porter ‘s
1.8. PESTEL analysis of specialized tractors
Chapter 2. Specialty Tractors Market by Type Insights and Trends
2.1. Specialized tractor: by type, dynamics and market share, 2018 and 2026
2.2. Narrow
2.2.1. Market Estimates & Forecasts, 2016-2026 (USD Million)
2.2.2. Market estimates & forecast, by region, 2016-2026 (USD Million)
2.3. Low profile
2.3.1. Market Estimates & Forecasts, 2016-2026 (USD Million)
2.3.2. Market estimates & forecast, by region, 2016-2026 (USD Million)
2.4. High clearance
2.4.1. Market Estimates & Forecasts, 2016-2026 (USD Million)
2.4.2. Market estimates & forecast, by region, 2016-2026 (USD Million)
Chapter 3. Specialty Tractors Market by Drive Insights & Trends
3.1. Specialized tractor: by driving dynamics and market share, 2018 and 2026
3.2. 2WD
3.2.1. Market Estimates & Forecasts, 2016-2026 (USD Million)
3.2.2. Market estimates & forecast, by region, 2016-2026 (USD Million)
3.3. 4×4
3.3.1. Market Estimates & Forecasts, 2016-2026 (USD Million)
3.3.2. Market estimates and forecasts, by region, 2016-2026 (USD Million) …

Manufacturers provide remote access to tractors, which will help monitor critical systems and functions. Machine information and scheduled custom alerts can prevent downtime by helping customers avoid equipment failures. John Deere’s JDLink, when paired with remote display access, can give their dealer remote access to the machine to troubleshoot potential issues

To identify key industry trends, click on the link below: https://www.reportsanddata.com/report-detail/specialty-tractor-market

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