India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, Market Sales, Market Forecast, Market Size, Market Shares, Market Major Players: 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 How Is India Tractor Market Positioned? In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth in the industry has remained strong since FY12. Currently, Indian Tractor production contributes a third for the global tractor production. The major segment in Indian Tractor Industry is of agricultural tractor. Market: The tractor market has seen significant growth in the last few years, recording a CAGR of ~% during 2016-2020 primarily due to normal and good monsoon, increased crop production and agricultural produce, and strong push from Indian Government. Apart from economic perspective, farm mechanization improves the quality of job and reduces stress from farmer’s job. The demand for tractors declined during 2015-2016 due to a contraction in the farm incomes, as the production of major crops and commodity prices reduced with lower procurements by the government, owing to adequate buffer reserves. India Tractor Market By Vehicle Category Type: Agricultural segment makes up majority share of the Tractor market of the country, followed by the commercial segment. Share for Commercial segment is low as Tractors are considered to be an Investment for farms and specific to agriculture rather than commuting or transportation. In addition to the same, various other farm equipment like power tiller and Harvestor are also gaining strength. India Tractor Market Size and Segmentation By Vehicle Category Type: The Tractor industry has been primarily dominated by the agricultural segment as they are multi-purpose. Commercial tractors are those tractors that are used for carrying luggage or transporting the loads. Tractors as a transportation vehicle as Indian individuals have more inclination towards Trucks and Mini Vans. Registration by Region & State North and Western have the highest share of Tractors due to the presence of manufacturing units and agricultural production. It is followed by Punjab, Haryana and U.P. Apart from the measures at the national level, several state governments are also committed to promoting Tractors in their states to drive market growth. Normal monsoon has been a key driver of growth. It fuelled production and boosted farmers’ income, which eventually aided the expansion in tractor demand. All key states like Maharashtra, Madhya Pradesh, Bihar, Karnataka, Gujarat, Andhra Pradesh and Uttar Pradesh showed positive growth. The southern region outpaced all other regions on a uniform basis over the past three years, with growth being led by a strong demand in Andhra Pradesh, Tamil Nadu and Telangana. Government support programs and improved rural sentiments helped maintain the growth trajectory in these states. The eastern region continues to report strong volume growth within the current fiscal, albeit on a coffee base, benefitting from various government initiatives to spice up farm mechanization. The northern region continues to lag the pan India growth. Uttar Pradesh, the most important tractor market within the region, has recorded healthy growth. Other key markets of Rajasthan and Punjab still struggle, as results of weak haulage and replacement demand respectively. Competitive Scenario In India Tractor Market The competition in the Tractor market in India is highly concentrated where leading manufacturers hold around ~% share in the market. The major tractors include Mahindra & Mahindra Limited (Tractor), Mahindra & Mahindra Limited (Swaraj Division), International Tractors Limited, Tafe Limited, Escorts Limited (Agri Machinery Group), John Deere India Pvt Ltd. (Tractor Division), Eicher Tractors, Cnh Industrial (India) Pvt Ltd, Kubota Agricultural Machinery India Pvt.Ltd., V.S.T. Tillers Tractors Limited. The market is highly unorganized and comprises of small assemblers who source part from China. These players compete on parameters Product Portfolio, Distribution Network, Pricing, Discounts, and Geographical Location, value Added Services, Collaborations & Partnerships and After Sales Service. Key Segments Covered:- By Vehicle Category Agricultural Commercial Registration by Region North East West South Registration by State Tractor Makers Covered:- Mahindra & Mahindra Limited (Tractor) Mahindra & Mahindra Limited (Swaraj Division) International Tractors Limited Tafe Limited Escorts Limited (Agri Machinery Group) John Deere India Pvt Ltd (Tractor Devision) Eicher Tractors Cnh Industrial (India) Pvt Ltd Kubota Agricultural Machinery India Pvt. Ltd. V.S.T. Tillers Tractors Limited Force Motors Limited, A Firodia Enterprise Captain Tractors Pvt. Ltd. Indo Farm Equipment Limited Vani Electric Vehicles Pvt Ltd Harvestor Makers Covered:- John Deere India Pvt Ltd Manku Agro Tech Pvt Ltd Kartar Agro Industries Pvt Ltd Preet Agro Industries Pvt Ltd Mahindra & Mahindra Limited Malkit Agro Tech Pvt. Ltd Guru Nanak AgriEngg Works Dasmesh Pvt. Ltd Cnh Industrial (India) Pvt Ltd K.S. Agrotech Pvt Ltd Surindera Agro Industries K.S. Agricultural Industries Pvt. Ltd Hind Agro Industries Hira Agro Industries Claas India P Ltd Sonalika Industries New Hind Agro Pvt Ltd Punjab Agro Implements Industries Key Target Audience:- Tractor OEMs Consultancy Companies Industry Associations Regulatory Bodies Time Period Captured in the Report:- Historical Period – 2016-2020 Forecast Period – 2020-2025 Key Topics Covered in the Report:- India Tractor Registration Volume India Tractor Type (in Units) India Tractor Vehicle Category (in Units) India Tractor Vehicle Registration by Region India Tractor Vehicle Registration by State India Tractor Maker Market Share India Tractor Registration Volume India Tractor Type (in Units) India Tractor Vehicle Category (in Units) India Tractor Vehicle Registration by Region India Tractor Vehicle Registration by State India Tractor Maker Market Share Future Market Size and Segmentations, 2020-2025F For More Information on the research report, refer to below link:- India Tractor Market Related Reports:- Myanmar Agriculture Machinery Market Outlook to 2025: Driven by Growth in Machinery Supply and Government’s Focus on Agriculture Mechanization in the Country Vietnam Agricultural Machinery Market Outlook To 2025 – Agriculture Tractor Market (By Type: 2W And 4W Tractors, By Power: Below 12 HP, 12HP-35HP, And Above 35HP, By Region: Central Highlands, North Central & Central Coast, Mekong Delta, Northern Midlands and Mountains, Red River Delta and South East), Combine Harvester Market, Rice Transplanters Market and Agriculture Implements Market (By Product Type: Rotavator, Plough, Harrow, Fertilizer Spreaders and Others) Indonesia Agriculture Equipment Market Outlook to 2025 – By Tractors Market (2 Wheeled & 4 Wheeled Tractors; < 40HP, 40-70HP & >70HP Tractors; Combine Harvesters Market (Less than 70HP, 70HP and >70HP); Rice Transplanters Market; Implements Market (Rotavator, Plough, Harrow, Fertilizer Spreaders & Others); and Regional Demand of Agriculture Equipment (Java, Sulawesi, Sumatra, Kalimantan & Others) Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications Support@kenresearch.com +91-9015378249 Post Views: 3 Tags: A Firodia Enterprise Tractor Market Sales, Captain Tractors Tractor Market Size, Claas India Harvestor Market Sales, Cnh Industrial (India) Harvestor Market Revenue, Cnh Industrial (India) Tractor Market Sales, Covid-19 Impact India Tractor Industry, Covid-19 Impact India Tractor Market, Dasmesh Harvestor Market Revenue, Eicher Tractors Tractor Market Size, Escorts Limited (Agri Machinery Group) Tractor Market Sales, Evaluation Study India Tractor Market, Evaluation Summary Report India Tractor Market, Evaluative Survey India Tractor Market, Force Motors Limited, Guru Nanak Agri Engg Works Harvestor Market Sales, Hind Agro Industries Harvestor Market Revenue, Hira Agro Industries Harvestor Market Shares, India Agriculture Machinery Market, India Agriculture Tractor Market Size, India Commercial Tractor Market Share, India Harvestor Market Size, India Tractor Cost Analysis, India Tractor Due Diligence Report, India Tractor Exports, India Tractor Growth Strategy Market Report, India Tractor Imports, India Tractor Industry, India Tractor Industry Research Report, India Tractor Makers, India Tractor Manufacturers, India Tractor Market, India Tractor Market Analysis, India Tractor Market Competition, India Tractor Market Competition Benchmarking, India Tractor Market Evaluation Report, India Tractor Market Forecast, India Tractor Market Future Outlook, India Tractor Market Growth, India Tractor Market Major Players, India Tractor Market Research Report, India Tractor Market Revenue, India Tractor Market Revenue Forecasting, India Tractor Market Sales, India Tractor Market Shares, India Tractor Market Size, India Tractor Market Trends, India Tractor Pricing, India Tractor Technology, India Tractor Vehicle Market, Indian Tractor Industry, Indian Tractor Market, Indo Farm Equipment Limited Tractor Market Sales, Industry Research Report Of India Tractor, International Tractors Market Sales, John Deere India Harvestor Market Shares, John Deere India Pvt Ltd (Tractor Devision) Tractor Market Revenue, K.S. 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Tillers Tractors Limited Tractor Market Size, Vani Electric Vehicles Tractor Market Size, Write An Evaluation Report On India Tractor Market