Showing posts with label India Tractor Industry. Show all posts
Showing posts with label India Tractor Industry. Show all posts

Tuesday, November 16, 2021

Tractor Market In India, Tractor Industry In India, Market Sales, Revenue: Ken Research

India Harvestor Market

By Region (in Units): Harvestor follows the trend similar to Tractors. Major contribution regions are North and then East. ~60% Unit registration is clocked in by Northern Region. During COVID-19, the farm equipment business has seen a severe dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. This can affect the internal transport facility and business.

By Region and State: The Indian combine harvester market is projected to register a CAGR of ~ during the forecast period (2021-2026). During COVID-19, the farm equipment business had seen sudden dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. Additionally, manufacturing units were not completely active, which had resulted during a sharp decrease in sales in 2019-2020. Hence global pandemic had caused a negative impact on the Indian combine harvester market but now they have recovered from the slump. Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country.

By State (in Unit Registration): Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country. Farmers prefer self-propelled combine harvesters over tractor-mounted harvesters thanks to their high efficiency. Largest contribution states is Punjab which contributes highest unit sales to Combine Harvestor Sales in Northern Region.

Competitive Scenario In India Harvestor Market

The competition in the Harvestor market in India is highly concentrated where leading manufacturers hold around ~% share in the market. The major tractors include 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. 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.

India Tractor & Harvestor Market Future Outlook and Projections

The India Tractor and Harvestor Market are expected to increase at a CAGR of ~% during 2020 to 2025 basis volume. The Agricultural segment will continue to dominate the India Tractor with ~% market share by 2025. The government has launched various programs in order to develop the infrastructure of the country hence facilitating the manufacture of tractors in the future years. Rising demand for the agriculture produce in the country will accelerate the demand for Tractor and Harvestor. The forecast period is also expected to witness entry of more foreign and domestic players in the industry.

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

Monday, September 13, 2021

India Tractor Market Outlook to 2025: Ken Research

The report titled India Tractor Market Outlook to 2025- By Vehicle Category (Agriculture and Commercial), Registration by Region (North, East, West, South) and Registration by State” provides a comprehensive analysis of growth of Tractor Market in the India. The report covers various aspects including the Tractor registrations (in units), market segmentation by, By Vehicle Category (Agriculture, Commercial), Registration by Region (North, East, West, South) and Registration by State. The report also covers Tractor industry dynamics with focus of registration volume, vehicle type, market share, registration by region etc.in India. Moreover, the report also covers the overall competitive landscape and growth drivers and trends and government role and regulations. The report concludes with market projection for future, Covid-19 impact, analysts’ take on the future and case studies highlighting the major opportunities.

India Tractor Market Overview and Size

The continuous technological advancement, along with the strong support from Central and State Government for farm mechanization, the market for the Tractors in India has been on rise. Additionally, Tractors require low maintenance & have lower cost of ownership, contributing to the increased share of the Tractor market in India. With the ambition to match the international market in farm and agri-products there is an urgent need for farm mechanization. Additionally, the market is primarily driven by strict regulations, government incentives, and increasing environmental awareness. Currently, the Tractor market is dominated by agricultural tractors as compared to commercial tractors.

India Tractor Market Segmentations

By Vehicle Category: Tractors in India are mainly categorized under two segment vehicles i.e. they are mainly agricultural or commercial. Commercial tractors are those tractors that are used for carrying luggage or transporting the loads.

Registration by Region & State: Northern &Western regions accounts for majority of the Tractor registrations in India. These regions are the fastest-growing market as many automotive industries are setting up their manufacturing units in this region. Additionally these are the agrarian majority states and thus support the demand. Apart from the measures at the national level, several state governments are also committed to promoting farm mechanization in their states to drive market growth. Government of Uttar Pradesh, Punjab, Haryana, Maharashtra, Bihar and West Bengal has taken several initiatives to promote the usage for Tractors.

Competitive Landscape of India Tractor Market

The competition in the Tractor market in India is highly concentrated where leading manufacturers around ~40% share in the market. The major Tractor OEM includes Mahindra & Mahindra Ltd, 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 and few others. Production Capacity, Pricing, Battery Type, Range, Speed, Technology, Maintenance Cost, Export Volume are the key competing parameters for the Tractor manufactures.

India Electric Tractor Market Future Outlook and Projections

The market of tractors in India is close to one of the largest markets worldwide with rapid expansion and extensive farm mechanization. Normal and suffice monsoon growth has been the foundational driver for this growth over the years. The new found confidence in the Indian agricultural ecosystem has boasted the extensive mechanization on the wave of Green Revolution. It now constitutes one-third of the total production worldwide. On the average over the years, it has seen positive growth and promises the same healthy future. What distinguishes the Indian Tractor Market is the fact that Market Leader is of the Indian origin and is produced here only. Agricoop and NABARD have taken various initiatives to push forward the growth of the Industry.

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
+91-9015378249