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(Transportation-News.com, February 26, 2018 ) Envision Intelligence estimates that Asia-Pacific Wheeled Tractor Machinery market is projected to reach XX Billion by the end of 2024 with a CAGR of 6.9%.
Introduction:
Wheeled Tractor is an engineering vehicle, which can travel similarly fast over rough ground. It is specially designed to deliver high torque at slow speeds. Wheeled Tractors are classified as two-wheeled tractors, and four-wheeled tractors. Among these, two wheeler tractor is having the advantages comparing to the four-wheel tractor. It is known as utility tractor which has single self-powered axle. For maximum traction, eighty percent weight is divided on this axle.
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Improvement in efficiency and effortless farming is one of the reasons why tractors are popularly utilized by farmers. In India, there is a rapid increase in purchase of tractors for agriculture purpose. Agriculture is the backbone factor for India with 60.6% geographical area. Machinery use in agriculture is growing in developing countries like China, India.
Key players in the market include:
• Deere and Company
• CNH Global NV
• Farmtrac Tractor Europe
• Mahindra & Mahindra Ltd.
• AGCO Tractor
Reasons to buy this report:
This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies’ revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
•A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
•A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.
•Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
Related Reports:
Europe Wheeled Tractor Machinery Market: https://www.envisioninteligence.com/industry-report/europe-wheeled-tractor-market/
Global Agriculture Irrigation Machinery Market: https://www.envisioninteligence.com/industry-report/global-agriculture-irrigation-machinery-market/
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