Research and Markets: Asia Pacific Agriculture Tractor Market 2015-2019 with Deere and Company, Escorts Group, ISEKI and Mahindra & Mahindra Dominating

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/ptbf8t/agriculture) has announced the addition of the "Agriculture Tractor Market in the APAC 2015-2019" report to their offering.

The analysts forecast the Agricultural Tractor market in the APAC region to grow at a CAGR of 5.11 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Agricultural Tractor market in the APAC region during the period 2015-2019. It considers 2014 as the base year and provides data for the 12 trailing months. To calculate the market size, it considers unit sales of tractors by OEMs only in the APAC region. It also presents the vendor landscape and a corresponding detailed analysis of the five key vendors in the APAC region. It lists the major vendors in the Agricultural Tractor market, provides their share, and also discusses the major drivers that influence the growth of the market in the APAC region. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

The usage of agricultural tractors for non-farming purposes has increased in the past few years. Non-agricultural tractors currently hold 40-45% of the share in the tractor market.

According to the report, modernization of agricultural activities is one of the major drivers of the agriculture tractor market in the APAC. Mechanization of the agricultural sector increases the speed and precision of farming activities and helps to standardize agricultural activities.

Further, the report states that challenges such as intense competition among tractor manufacturers are hindering the market growth.

Key Vendors

  • Deere and company
  • Escorts Group
  • ISEKI
  • Mahindra & Mahindra
  • Tractors and Farm Equipment

Other Prominent Vendors

  • ACE Tractors
  • AGCO
  • Captain Tractors
  • Farmer Tractor
  • Force Motor
  • Foton Lovol International Heavy Industry
  • HMT Tractors
  • Indo Farm Equipment
  • Kubota Tractor
  • MARS Group
  • New Holland Fiat India
  • Preet Group of Companies
  • Same Deutz-Fahr
  • SAS Motors
  • Sonalika Group
  • YTO Group

For more information visit http://www.researchandmarkets.com/research/ptbf8t/agriculture

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Agriculture, Tractors

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Agriculture, Tractors