Africa Wheeled Tractor Machinery Market (2017 - 2022)

Published - Jan 2017 | Category - Agriculture | No. of Pages - 93 | Published By - Mordor Intelligence

Report Highlights

The African wheeled tractor machinery market has been estimated at USD XX.X billion in 2016 and is expected to reach USD XX billion by 2021, at a CAGR of 4.1% during the forecast period from 2016 to 2021. Tractors provide the power and traction to automate agricultural jobs, especially tillage. However, tractors are also used in varied tasks outside agriculture. Agricultural implements are towed behind a tractor, which then provides a source of power for the mechanization of implements. The agricultural usage of tractors is the largest segment in the agricultural machinery sector. Improvement in efficiency is one of one of the reasons why tractors are popularly employed by farmers. Besides, demand from emerging economies and the high level of government support in these regions are fueling the growth of the industry.

Market Dynamics

The driving forces are the rise in food demand, increasing population, need to increase yields, and the increase in productivity. Opportunities lie in greater market penetration in the developing nations like South Africa where machinery use in agriculture is growing. Low purchasing power in developing regions appears to be a major constraint to the otherwise lucrative market.

Market Segmentation

The market has been segmented based on the wheel tractor type and geography.

Segmentation by Wheel Tractor Type:

Utility Tractors

Row crop tractors

Orchard type tractor

Industrial Tractor

Garden Tractor

Rotary tillers

Implement Carrier

Earth Moving Tractor

On the basis of geography, the market is segmented into South Africa and Others.

The major companies in Africa wheeled tractor machinery market are:

AGCO Corp. (US)

Buhler Industries, Inc. (Canada)

CNH Industrial N.V. (UK)

Dawn Equipment

Deere & Company (John Deere) (US)

Great Plains Ag (US)

Hardi North America

Iseki & Co., Ltd. (Japan)

Kasco Manufacturing (US)

Kinze Manufacturing

Kubota Corporation (Japan)

Kuhn Group (France)

Kverneland Group (Norway)

UPM

Versatile

Visser Horti

Zoomlion

 

 

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