US Tractor and Combine Harvesters Market Outlook to 2024: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The report titled “US Tractor and Combine Harvesters Market Outlook to 2024 – By Tractor Type (2WD and 4WD), By Tractor HP (<40 HP, 40-100 HP and >100 HP) and By Combine Harvester HP (Upto 250 HP, 250-350 HP and Above 350 HP)” provides a comprehensive analysis on US tractors and combine harvesters market. The report covers various aspects including market overview, value chain analysis, market evolution, market size of tractors and combine harvesters by sales value and volume, market segmentation by type and its sub segments by horse power, trade scenario, regulatory framework impacting the US market, snapshot on secondhand agriculture equipment market, equipment financing market, rental market and after sale services market, customer profiling in US agriculture equipment market and competition landscape. The report concludes with market projections for future described above and analyst recommendations highlighting the major opportunities and cautions for US tractor and combine harvester market. US Agriculture Equipment Market Overview US agriculture equipment market was observed to be at maturity stage owing to the advances in mechanization and technological developments in agriculture that have been particularly influential in driving change in the farm sector coupled with rapid growth in average farm productivity. Also, increasing presence of both international as well as domestic players coupled with new government initiatives has created a positive impact on the market. Agriculture within the US is characterized by various trends. One of the trends is the fall in the number of small farms. Another trend in the US Agriculture Sector is increase in productivity of the sector. Both agricultural production as well as the output of an agricultural worker has improved. This improvement is partially a result of consolidation of farms and partially a result of new technologies and farming methods. US Tractor Market Size Tractors are multipurpose equipment with ability to handle multiple implements such as harrows, ploughs, sprayers and others. The US tractor market both in terms of sales value and volume has increased at a positive CAGR during the review period 2014-2019. The market experienced a decline in terms of sales volume during 2015 and recovered gradually over the years. Factors such as technological advancements and increased consumer demand have increased the demand for mechanized farming thereby have enhanced the sales of tractors in the country. US Tractor Market Segmentation By Tractor Type (2WD and 4WD) Two wheeled tractors were observed to dominate the US tractor market during 2018. Tractors in the range 5-200 HP usually come in the category of two-wheeled drive tractors. 2-Wheel Drive tractor is generally used in dry farming conditions as well as for the purpose of field farming transportation. The remaining market share was captured by four wheeled tractors. By Horse Power (<40 HP, 40-100 HP and Above 100 HP) The tractors with horse powers below 40 are the compact tractors that serve basic farming tasks such as mowing and manure handling. The segment was observed to clearly establish itself as market leader within US tractor market during 2018. The remaining market share was collectively captured by tractors falling in the HP range of 40-100 and above 100 HP in the year 2018. US Combine Harvester Market Size US combine harvesters market both in terms of sales value and volume has been experiencing a negative CAGR during the review period 2014-2018. Low commodity prices, weakening farm income and elevated used equipment levels in the US were observed to pressurize high demand for farm equipment, especially high HP models of combine harvesters. As this equipment is expensive in nature, farmers within US remained apprehensive of making such big purchases, and instead approached second hand market or delayed purchases. US Combine Harvesters Market Segmentation By Horse Power (up to 250 HP, 250-350 HP and more than 350 HP) Combine harvesters of up to 250 HP dominated the country’s combine harvesters market during the year 2018, followed by 250-350 HP and more than 350 HP ranges. Earlier, farmers had to harvest crops by carrying out a series of laborious operations one after the other. Emergence of harvesting machinery has effectively reduced their time and efforts thus, meeting the growing demands of urban dwellers and help towards breaking up soil efficiently. Comparative Landscape in US Tractor and Combine Harvester Market Both the US tractor as well as combine harvester market was observed to be heavily concentrated along with the presence of both domestic and international players in the market such as John Deere, New Holland, AGCO, Mahindra, Kubota and others. In addition to that, it has become extremely difficult to enter and expand within the market as existing players such as market leader – John Deere and other players have clearly established their brand identity and new players may not be able to find adequate means of distribution since the market is broad. Some of the parameters on the basis of which companies compete within this segment include price, after sale services, access of distribution & dealership channels and level of digitalization in their machineries and equipments. US Tractor and Combine Harvester Market Future Outlook and Projections Over the forecast period, it is estimated that US tractor market in terms of sales volume will increase at a positive CAGR during the period 2019-2024. The market is forecasted to grow owing to technological innovations such as driverless tractors, ease of financial support and growing consumer demand. On the other hand the US combine harvester market is anticipated to recover during the forecast period as farmers are expected to further shift towards large size farming. Although agricultural land has been shrinking in the US, the demand for large farms has been increasing. Additionally, the constant increase in consumption demand is pushing farmers to produce more at a time, which would require more farmland. With larger farms, the use of combine harvesters will be on the rise because harvesting hay on a large farm is not manually possible. Key Segments Covered By Tractor Type Two-Wheel Drive (2WD) Four-Wheel Drive (4 WD) By Tractor HP (For Two-Wheel Drive Tractors) 40 HP 40-100 HP Above 100 HP By Combine Harvesters HP Up to 250 HP 250-350 HP Above 350 HP Key Target Audience Existing Agricultural Equipment Companies New Market Entrants- Domestic OEMs New Market Entrants- Foreign OEMs Agricultural Equipment Financing Companies Government Bodies Investors & Venture Capital Firms Agricultural Equipment Manufacturers Agricultural Equipment Distributors Agricultural Equipment Associations Time Period Captured in the Report: Historical Period: 2014 -2018 Forecast Period: 2019-2024 Companies Covered: John Deere New Holland AGCO Mahindra Kubota CaseIH Claas Gleaner Massey Ferguson Other Players (Kioti, Yanmar, Zetor, Ventrac, Farmtrac, Deutz Fahr, Challenger, International Harvester, MacDon and Colombo) Key Topics Covered in the Report Executive Summary Research Methodology US Agriculture Equipment Market Value Chain Analysis US Agricultural Equipment Market Overview US Agriculture Equipment Market Ecosystem US Tractor Market US Combine Harvester Market Regulatory Framework in US Agricultural Equipment Market Customer Profiling in US Agriculture Equipment Market US Agriculture Equipment Second hand Market Comparative Landscape in US Agriculture Equipment Market For more information on the research report, refer to below link: US Tractor and Combine Harvesters Market Related reports Philippines Agricultural Equipment Market Outlook to 2023- By Product Type (Tractors, Combine Harvesters, Planters, Seeders and Tillage Equipments and Tillage Equipment), By Tractor Segment (Upto 60 Hp, Between 61-130 Hp and above 130 Hp), By Production (Imported and Domestically Manufactured) and By Region (Luzon, Visayas and Mindanao) Brazil Agricultural Equipment Market Outlook to 2023 – By Product Type (Tractors, Combine Harvesters, Tillage Equipment, Precision Farming Equipments, Planters & Seeders and Others), By Domestic Production & Imports and By Region (South, North, Midwest and Mideast) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: AGCO Tractor and Combine Harvesters Market, Agriculture Equipment Application Maize, Agriculture Equipment Application Soybean, Agriculture Equipment Application Wheat, Agriculture Equipment Product Competition, Best Seller Tractor US, Challenges US Agriculture Equipment, CNH Tractor and Combine Harvesters Market, Combine Harvesters Market Size US, Combine Harvesters Sales Analysis US, Competition Analysis Agriculture Equipment Market, Customer Pain Points Agriculture Equipment Market, Future US Agriculture Equipment, Government Licenses for Agriculture Machinery Analysis, John Deere Tractor US, Major Combine Harvester Type US, Major Players US Agriculture Equipment, Major Players US Agriculture Equipment market, Major Trends US Agriculture Equipment, Regulations Agriculture Equipment, SWOT Analysis US Agriculture Equipment, Tractor and Combine Harvester Best Seller US, Tractor and Combine Harvester Market US, Tractor and Combine Harvester Sales Analysis US, Tractor and Combine Harvester Sales US, Tractor Horse Power US, Tractor Major Type US, Tractor Market US Future, Tractor Wheel Type US, Trade Scenario Agriculture Equipment, US Agriculture Equipment Analysis, US Agriculture Equipment Export, US Agriculture Equipment Future Analysis, US Agriculture Equipment Import, US Agriculture Equipment Industry, US Agriculture Equipment Market, US Agriculture Equipment Market Overview, US Agriculture Equipment Report, US Agriculture Equipment Revenue, US Agriculture Equipment Sales Value, US Agriculture Equipment Sales Volume, US Agriculture Machinery Market, Us Combine Harvesters Industry, Us Combine Harvesters Market, Us Combine Harvesters Market Research Report, US Combine Harvesters Market Size, US Tractor and Combine Harvesters Exporter, US Tractor and Combine Harvesters Importer, US Tractor and Combine Harvesters Industry, US Tractor and Combine Harvesters Industry Research Report, US Tractor and Combine Harvesters Manufacturer, US Tractor and Combine Harvesters Market, US Tractor and Combine Harvesters Market Application, US Tractor and Combine Harvesters Market Forecast, US Tractor and Combine Harvesters Market Future Outlook, US Tractor and Combine Harvesters Market Growth, US Tractor and Combine Harvesters Market Key Players, US Tractor and Combine Harvesters Market Overview, US Tractor and Combine Harvesters Market Research Report, US Tractor and Combine Harvesters Market Revenue, US Tractor and Combine Harvesters Market Sales, US Tractor and Combine Harvesters Market Scope, US Tractor and Combine Harvesters Market Segmentation, US Tractor and Combine Harvesters Market share, US Tractor and Combine Harvesters Market Size, US Tractor and Combine Harvesters Market Trends, US Tractor and Combine Harvesters Market Value, US Tractor and Combine Harvesters Suppliers, US Tractor Major Companies, US Tractor Market, US Tractor Market Analysis