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(Transportation-News.com, July 20, 2017 ) Tractor is a farm automobile that provides the power and traction to automate agricultural jobs, especially tillage. Agricultural implements are towed behind a tractor, which provides source of power for the automation of implements. They are used for agriculture and Non-agriculture purposes, mainly employed by farmers.
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One of the major drivers propelling the Latin America market growth is the increased investment in infrastructure projects. Rapid urbanization demands for high investment for developing infrastructure such as railroads, highways, and ports, which leads to the increased demand for wheeled tractors. High cost of equipment remains an issue even in developed countries especially in small farms.
In Latin America, on the basis of design, the tractors are classified as two and four wheeled machinery. According to function, they are classified as implement carrier, garden tractor, earth moving tractor, row crop tractors, utility tractors, industrial tractors, rotatory tillers and orchard tractors. Orchard, utility and row crop tractors are most extensively used all around the world and accounts for the largest share of the market.
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Major wheeled tractor manufacturing companies in Asia-Pacific region are Mahindra & Mahindra, Deere and Company, AGCO tractor, CNH Global NV, Massey Ferguson, Farmtrac Tractor, Escorts, Foton Loval, Goldani, Kukje, Lindner, L S Mtron, Machinery and Industrial group NV, Shibaura, Tractorul UTB and VST Tillers.
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