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(Transportation-News.com, April 20, 2017 ) The tractor rental market is globally operated by third party suppliers or tractor manufacturers that offer used tractor on rent to the farmers based on their requirements. The rapid growth of the agricultural sector is a significant factor that spurs the prospect for the growth of this market. The rise in the wages of agricultural laborers is empowering farmers to use modern methods of farming. Farmers have started using more and more farm equipment and renting farm equipment is the only viable and practical option.
Publisher's analysts forecast the global tractor rental market to grow at a CAGR of 8.09% during the period 2016-2020. For more information about this report: http://www.reportsweb.com/global-tractor-rental-market-2016-2020 . Covered in this report The report covers the present scenario and the growth prospects of the global tractor rental market for 2016-2020. To calculate the market size, the report considers the number of households dependent on agriculture, the number of total fleet size of tractors rented out, and the average revenue earned from each tractor in different regions. The market is divided into the following segments based on geography: -Americas -APAC -Europe
Publisher's report, Global Tractor Rental Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Key vendors -Pacific Rentals -Sunbelt Rentals -John Deere
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001502505/sample .
Market driver -High labor wage -For a full, detailed list, view our report
Market challenge -Low internet penetration in rural APAC -For a full, detailed list, view our report
Market trend -Increase in consolidation of fragmented land in Europe and the Americas -For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001502505/buying .
ReportsWeb.com
Priya Sisodia
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Source: EmailWire.Com
Source: EmailWire.com
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