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THE SOUTHEAST ASIA TRACTORS MARKET SIZE WAS VALUED AT 94,671 UNITS IN 2022 AND IS EXPECTED TO REACH 1,18,182 UNITS BY 2028, GROWING AT A CAGR OF 3.77% DURING THE FORECAST PERIOD
The Southeast Asia Tractors Market Size, Share, and Trends Analysis Report By:
- Horsepower: Less Than 50 HP, 50−100 HP, and Above 100 HP
- Drive Type: 2-Wheel Drive and 4-Wheel Drive
- Geography: Thailand, Myanmar, Philippines, and Malaysia
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023–2028
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
SOUTHEAST ASIA TRACTORS MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2028) | 1,18,182 Units |
| Market Size (2022) | 94,671 Units |
| CAGR (2022-2028) | 3.77% |
| HISTORIC YEAR | 2020-2021 |
| BASE YEAR | 2022 |
| FORECAST YEAR | 2023-2028 |
| SEGMENTS BY | Horsepower, Drive Type, and Geography |
| LARGEST SEGMENT BY HORSEPOWER | Less Than 50 HP |
| LARGEST SEGMENT BY DRIVE TYPE | 2-Wheel Drive |
| LARGEST SEGMENT BY GEOGRAPHY | Thailand |
| KEY VENDORS | John Deere, CNH Industrial, AGCO, and Kubota |
The Southeast Asia agricultural tractor market witnessed registrations of 94,671 units in 2022 and is expected to reach 1,18,182 units by 2028 growing at a CAGR of 3.77% during the forecast period. Southeast Asia has over 685 million food consumers and is the fourth-largest food market in the world. The region witnessed a massive increase in farm mechanization in terms of agricultural and industrial productivity.
The trend of alternative fuel-based tractors in Southeast Asia is expected to drive the demand for tractors during the forecast period. Farmers are more conscious about the environment; hence, they are focusing on green farming practices. Also, farming is expected to flourish with the help of precision farming and telematics in tractors, which bodes well for the agriculture tractor market.
KEY HIGHLIGHTS
- The agriculture tractor market in Southeast Asia increased by 3.1% in 2022 from 2021. The increase in crop production and tractor sales was due to favorable climate conditions and government support to farmers.
- The Southeast Asia agricultural tractors market is highly concentrated, with the top players controlling most of the industry. Domestic and global brands, on the other hand, are equally represented in the market.
- Southeast Asian government plans schemes and initiatives to facilitate credit and improve agriculture-related operations, which will contribute to the growth of the overall value chain of the market.
MARKET TRENDS & OPPURUNTITES
Technological Advances in The Tractor Technology
A new frontier of innovation emerged as agriculture met digital technology, opening various paths to a smart agricultural future. Tractor manufacturers are competitive, and companies constantly strive to innovate and ensure product differentiation at affordable prices. State-of-the-art technology-based tractors are currently available in the market. GPS and remote sensing make farming more accurate and productive.
Increased Farm Mechanization
Using animal and human power in the Southeast Asian agricultural sector is low. Fossil fuel-powered vehicles, such as tractors and diesel engines, are used instead. Hence, the Southeast Asia agricultural tractors industry will likely be driven by increased agricultural equipment or machinery used during the forecast period. The farm holding structure is based on the economic size of a farm, depending on the farm’s output per year. A high number of small farms characterizes the agricultural sector. The farm holding structure is consolidated, and medium-scale farms account for more farming lands in several regions. The high number of medium-scale farms in high agrarian areas will positively affect the industry in Southeast Asian countries. Such farms employ more than one tractor and other related agri-equipment to carry out several agricultural activities. Further, there is an increase in the adoption of compact agricultural equipment as the export demand for fruits and flowers is high in the region. Several major and highest-selling brands, including Kubota and New Holland, offer compact equipment in the Southeast Asia agricultural tractors market.
SEGMENTATION INSIGHTS
INSIGHTS BY HORSEPOWER
The less than 50 HP horsepower segment dominated the Southeast Asia agricultural tractors market in 2022. Factors favoring the sale of tractors in the less than 50 HP range include versatility, the presence of hard soil in Southeast Asian countries, and increased purchasing power of farmers due to better Minimum Support Prices (MSP) and crop realization. In Southeast Asian countries, the government focuses on increasing agricultural production in almost all the regions, which is likely to increase the potential of below 50 HP tractors due to the nature of crop farming and fragmentation of landholding structures.
INSIGHTS BY BY WHEEL-DRIVE
The Southeast Asia agricultural tractors market is dominated by low-range HP 2WD tractors. Among the several tractor models available in the country, 2WD tractors are the most favored by farmers. The low relative cost of ownership, the sufficiency of features and haulage power, and convention make 2WD tractors more popular among farmers. Industry players are trying to redesign their 2WD tractors with more power and ease of handling features so that farmers can upgrade their tractors and buy new ones per their usage. Features such as fuel efficiency, added comfort for operating in confined spaces, and light loading work is expected to be in demand in several agricultural economies.
REGIONAL ANALYSIS
In 2022, Thailand was Southeast Asia's largest producer of agriculture and crop outputs. Moreover, a country with high agriculture and crop outputs remains the major prospect for agricultural tractors. Due to such factors, Thailand held the largest Southeast Asia agricultural tractors market share in 2022. For Thai governments, food self-sufficiency is the key agenda due to the decline in arable land due to urbanization, exploitation of natural resources, and a massive shift in the production and consumption of food patterns across the globe. In 2022, the less than 50 HP tractor segment recorded high growth in Thailand with a CAGR of 4.02%. The country's sales of above 100 HP tractors are expected to remain steady during the forecast period due to the segregation of large and medium-scale farmlands in the coming years.
COMPETITIVE LANDSCAPE
The Southeast Asia agricultural tractors market is highly concentrated, with the top players controlling most of the industry. Domestic and global brands, on the other hand, are equally represented in the industry. John Deere, CNH Industrial, and Kubota dominated the Southeast Asia agricultural tractors market with a collective market share of over 50%. The threat of rivalry is high in the industry since more than 50% of the share belongs to the top three key players. These players are thriving on innovation in the tractor market. They are increasingly investing in developing advanced agricultural tractor technology for precision farming and machine automation.
In terms of advanced tractor technology, John Deere has equipped many models with GPS, location tracking, image sensors, and telematics to assist in field navigation. The company also equipped its S700 model combined with features to autonomously adjust the harvesting equipment according to the state of the crops. Vendors such as ARGO and John Deere directly finance farmers to encourage them to buy tractors and other related agricultural machinery. Further, only a few local manufacturers are present in Indonesia and Thailand, such as Pt Rutan Indonesia, Pt Traktor Nusantara, and Altrak. Still, the farmers prefer to use the product of global players such as John Deere, Kubota, and CNH industrials. Therefore, these companies now focus on new strategies for assembling and producing machinery locally to reduce trade barriers.
WHY SHOULD YOU BUY THIS REPORT?
This report is among the few in the market that offer outlook and opportunity analyses forecast in terms of:
- Market Size & Forecast Volume (Units) 2020–2028
- Segmentation by Horsepower
- Segmentation by Wheel Drive
- Segmentation by Geography
- Production and trade values
- Major current and upcoming projects and investments
- Competitive intelligence about the economic scenario, advantages in Southeast Asia, industry dynamics, and market shares
- Latest and innovative technologies
- COVID-19 impact analysis of the industry
- Company profiles of major and other prominent vendors
- Market shares of major vendors
Frequently Asked Questions
What is the growth rate of the Southeast Asia agricultural tractors market?
What are the expected units sold in the Southeast Asia agricultural tractors market by 2028?
How big is the Southeast Asia agricultural tractors market?
Which wheel drive holds the highest Southeast Asia agricultural tractors market share?
Who are the key companies in the Southeast Asia agricultural tractors industry?
The Southeast Asia agricultural tractors market size witnessed shipments of 94,671 units in 2022 and is expected to reach 1,18,182 units by 2028.
The following factors are likely to contribute to the Southeast Asia agricultural tractors market growth:
- Assistance to Farmers through Loans & Subsidies
- Increased Agricultural Productivity & Exports
- Increased Farm Mechanization
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the Southeast Asia agricultural tractors market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
Key Vendors
- John Deere
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- CNH Industrial
- AGCO
- Kubota
Other Prominent Vendors
- Mahindra
- Business Overview
- Product Offerings
- Deutz-Fahr
- CLAAS
- ISEKI & Co., Ltd.
- Kioti
- Yanmar
Segmentation by Horsepower
- Less Than 50 HP
- 50−100 HP
- Above 100 HP
Segmentation by Drive Type
- 2-Wheel-Drive
- 4-Wheel-Drive
Segmentation by Geography
- Thailand
- Myanmar
- Philippines
- Malaysia
EXHIBIT 1 SEGMENTATION OF SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 HIGHLIGHTS OF SOUTHEAST ASIA AGRICULTURE TRACTOR MARKET REPORT
EXHIBIT 4 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022
EXHIBIT 5 WHEEL DRIVE SEGMENTATION OVERVIEW, 2022-2028
EXHIBIT 6 OVERVIEW OF COUNTRY-WISE SEGMENTATION IN SOUTHEAST ASIA
EXHIBIT 7 PRESENCE OF MAJOR OPPORTUNITIES IN SOUTHEAST ASIA AGRICULTURE TRACTOR MARKET
EXHIBIT 8 RECENT DEVELOPMENTS BY TOP BRANDS
EXHIBIT 9 MAJOR VENDORS OVERVIEW
EXHIBIT 10 CONTRIBUTION OF AGRICULTURE INDUSTRY TO GDP OF SOUTHEAST ASIAN COUNTRIES 2022 (%)
EXHIBIT 11 VALUE CHAIN ANALYSIS OF SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET
EXHIBIT 12 SOUTHEAST ASIA AGRICULTURE TRACTOR INDUSTRY: SWOT ANALYSIS
EXHIBIT 13 DISTRIBUTION CHANNELS FOR AGRICULTURAL EQUIPMENT
EXHIBIT 14 TECHNOLOGICAL DEVELOPMENTS IN AGRICULTURAL EQUIPMENT
EXHIBIT 15 TECHNOLOGIES ACROSS AGRICULTURAL EQUIPMENT
EXHIBIT 16 IMPACT OF TECHNOLOGICAL ADVANCES IN AGRICULTURAL TRACTOR TECHNOLOGY
EXHIBIT 17 IMPACT OF SHORTAGE OF AGRICULTURAL LABOR
EXHIBIT 18 IMPACT OF USE OF ENERGY-EFFICIENT AGRI TRACTORS
EXHIBIT 19 IMPACT OF ASSISTANCE TO FARMERS THROUGH LOANS & SUBSIDIES
EXHIBIT 20 IMPACT OF INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
EXHIBIT 21 IMPACT OF INCREASED FARM MECHANIZATION
EXHIBIT 22 IMPACT OF LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL TRACTORS
EXHIBIT 23 IMPACT OF HIGH DEMAND FOR USED & RENTAL TRACTORS
EXHIBIT 24 IMPACT OF CLIMATE CHANGE ADVERSELY IMPACTS AGRICULTURAL ACTIVITIES
EXHIBIT 25 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET 2020–2028 (UNITS)
EXHIBIT 26 FIVE FORCES ANALYSIS 2022
EXHIBIT 27 INCREMENTAL GROWTH BY HORSEPOWER 2022 & 2028
EXHIBIT 28 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY HORSEPOWER
EXHIBIT 29 SOUTHEAST ASIA AGRICULTURE TRACTOR MARKET SEGMENTATION BY HORSEPOWER 2020–2028 (%)
EXHIBIT 30 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY LESS THAN 50 HP 2020–2028 (UNITS)
EXHIBIT 31 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY 50–100 HP 2020–2028 (UNITS)
EXHIBIT 32 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY ABOVE 100 HP 2020–2028 (UNITS)
EXHIBIT 33 INCREMENTAL GROWTH BY WHEEL-DRIVE TYPE 2022 & 2028
EXHIBIT 34 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE
EXHIBIT 35 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2020–2028 (% SHARE)
EXHIBIT 36 SOUTHEAST ASIA 2-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET 2022–2028 (UNITS)
EXHIBIT 37 SOUTHEAST ASIA 4-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET 2022–2028 (UNITS)
EXHIBIT 38 INCREMENTAL GROWTH BY GEOGRAPHY 2022 & 2028
EXHIBIT 39 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY
EXHIBIT 40 AGRICULTURAL TRACTOR MARKET IN THAILAND 2020–2028 (UNITS)
EXHIBIT 41 SALES OF AGRICULTURAL TRACTORS IN MYANMAR BY HORSEPOWER 2022
EXHIBIT 42 AGRICULTURAL TRACTOR MARKET IN MYANMAR 2020–2028 (UNITS)
EXHIBIT 43 SALES OF AGRICULTURAL TRACTORS IN PHILIPPINES BY HORSEPOWER 2022
EXHIBIT 44 AGRICULTURAL TRACTOR MARKET IN PHILIPPINES 2020–2028 (UNITS)
EXHIBIT 45 SALES OF AGRICULTURAL TRACTORS IN MALAYSIA BY HORSEPOWER 2022
EXHIBIT 46 AGRICULTURAL TRACTOR MARKET IN MALAYSIA 2020–2028 (UNITS)
EXHIBIT 47 SALES OF AGRICULTURAL TRACTORS IN OTHER COUNTRIES BY HORSEPOWER 2022
EXHIBIT 48 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES 2020–2028 (UNITS)
EXHIBIT 49 NET SALES SHARE BY SEGMENT 2022 (%)
EXHIBIT 50 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
EXHIBIT 51 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (%)
EXHIBIT 52 THAILAND AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (UNITS)
EXHIBIT 53 THAILAND AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
EXHIBIT 54 MYANMAR AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (UNITS)
EXHIBIT 55 MYANMAR AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
EXHIBIT 56 PHILIPPINES AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (UNITS)
EXHIBIT 57 PHILIPPINES AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
EXHIBIT 58 MALAYSIA AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (UNITS)
EXHIBIT 59 MALAYSIA AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
EXHIBIT 60 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY HORSEPOWER 2022–2028 (UNITS)
EXHIBIT 61 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2015–2022
TABLE 3 SOUTHEAST ASIA LESS THAN 50 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (UNITS)
TABLE 4 SOUTHEAST ASIA LESS THAN 50 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (%)
TABLE 5 SOUTHEAST ASIA 50–100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (UNITS)
TABLE 6 SOUTHEAST ASIA 50–100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (%)
TABLE 7 SOUTHEAST ASIA ABOVE 100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (UNITS)
TABLE 8 SOUTHEAST ASIA ABOVE 100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (%)
TABLE 9 SOUTHEAST ASIA 2-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (UNITS)
TABLE 10 SOUTHEAST ASIA 2-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (%)
TABLE 11 SOUTHEAST ASIA 4-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (UNITS)
TABLE 12 SOUTHEAST ASIA 4-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2020–2028 (%)
TABLE 13 AGRICULTURAL TRACTOR MARKET IN THAILAND BY HORSEPOWER 2020–2028 (UNITS)
TABLE 14 AGRICULTURAL TRACTOR MARKET IN THAILAND BY HORSEPOWER 2020–2028 (%)
TABLE 15 AGRICULTURAL TRACTOR MARKET IN THAILAND BY WHEEL-DRIVE TYPE 2020–2028 (UNITS)
TABLE 16 AGRICULTURAL TRACTOR MARKET IN THAILAND BY WHEEL-DRIVE TYPE 2020–2028 (%)
TABLE 17 AGRICULTURAL TRACTOR MARKET IN MYANMAR BY HORSEPOWER 2020–2028 (UNITS)
TABLE 18 AGRICULTURAL TRACTOR MARKET IN MYANMAR BY HORSEPOWER 2020–2028 (%)
TABLE 19 AGRICULTURAL TRACTOR MARKET IN MYANMAR BY WHEEL-DRIVE TYPE 2020–2028 (UNITS)
TABLE 20 AGRICULTURAL TRACTOR MARKET IN MYANMAR BY WHEEL-DRIVE TYPE 2020–2028 (%)
TABLE 21 AGRICULTURAL TRACTOR MARKET IN PHILIPPINES BY HORSEPOWER 2020–2028 (UNITS)
TABLE 22 AGRICULTURAL TRACTOR MARKET IN PHILIPPINES BY HORSEPOWER 2020–2028 (%)
TABLE 23 AGRICULTURAL TRACTOR MARKET IN PHILIPPINES BY WHEEL-DRIVE TYPE 2020–2028 (UNITS)
TABLE 24 AGRICULTURAL TRACTOR MARKET IN PHILIPPINES BY WHEEL-DRIVE TYPE 2020–2028 (%)
TABLE 25 AGRICULTURAL TRACTOR MARKET IN MALAYSIA BY HORSEPOWER 2020–2028 (UNITS)
TABLE 26 AGRICULTURAL TRACTOR MARKET IN MALAYSIA BY HORSEPOWER 2020–2028 (%)
TABLE 27 AGRICULTURAL TRACTOR MARKET IN MALAYSIA BY WHEEL-DRIVE TYPE 2020–2028 (UNITS)
TABLE 28 AGRICULTURAL TRACTOR MARKET IN MALAYSIA BY WHEEL-DRIVE TYPE 2020–2028 (%)
TABLE 29 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY HORSEPOWER 2020–2028 (UNITS)
TABLE 30 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY HORSEPOWER 2020–2028 (%)
TABLE 31 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY WHEEL-DRIVE TYPE 2020–2028 (UNITS)
TABLE 32 AGRICULTURAL TRACTOR MARKET IN OTHER COUNTRIES BY WHEEL-DRIVE TYPE 2020–2028 (%)
TABLE 33 JOHN DEERE: MAJOR PRODUCT OFFERINGS
TABLE 34 CNH INDUSTRIAL: MAJOR PRODUCT OFFERINGS
TABLE 35 AGCO: MAJOR PRODUCT OFFERINGS
TABLE 36 KUBOTA: MAJOR PRODUCT OFFERINGS
TABLE 37 MAHINDRA: MAJOR PRODUCT OFFERINGS
TABLE 38 DEUTZ-FAHR: MAJOR PRODUCT OFFERINGS
TABLE 39 CLAAS: MAJOR PRODUCT OFFERINGS
TABLE 40 ISEKI & CO., LTD.: MAJOR PRODUCT OFFERINGS
TABLE 41 KIOTI: MAJOR PRODUCT OFFERINGS
TABLE 42 YANMAR: MAJOR PRODUCT OFFERINGS
TABLE 43 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (UNITS)
TABLE 44 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY HORSEPOWER 2022–2028 (%)
TABLE 45 LESS THAN 50 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
TABLE 46 50–100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
TABLE 47 ABOVE 100 HP AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
TABLE 48 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (UNITS)
TABLE 49 SOUTHEAST ASIA AGRICULTURAL TRACTOR MARKET BY WHEEL-DRIVE TYPE 2022–2028 (%)
TABLE 50 2-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
TABLE 51 4-WHEEL-DRIVE AGRICULTURAL TRACTOR MARKET BY GEOGRAPHY 2022–2028 (UNITS)
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
8 INTRODUCTION
8.1 OVERVIEW
8.2 VALUE CHAIN ANALYSIS
8.2.1 OVERVIEW
8.2.2 RAW MATERIAL & COMPONENT SUPPLIERS
8.2.3 MANUFACTURERS
8.2.4 DEALERS/DISTRIBUTORS
8.2.5 RETAILERS
8.2.6 END-USERS
8.3 SWOT ANALYSIS OF AGRICULTURAL TRACTOR INDUSTRY
8.4 DISTRIBUTION CHANNELS FOR FARM EQUIPMENT
8.4.1 FINANCING OPTIONS FOR ACQUIRING FARM MACHINERY
8.5 TECHNOLOGICAL ADVANCES
9 MARKET OPPORTUNITIES & TRENDS
9.1 TECHNOLOGICAL ADVANCES IN AGRICULTURAL TRACTOR TECHNOLOGY
9.1.1 SWATH CONTROL AND VARIABLE RATE TECHNOLOGY (VRT)
9.1.2 HIGH DEMAND FOR AUTONOMOUS EQUIPMENT
9.2 SHORTAGE OF AGRICULTURAL LABOR
9.3 USE OF ENERGY-EFFICIENT AGRI TRACTORS
10 MARKET GROWTH ENABLERS
10.1 ASSISTANCE TO FARMERS THROUGH LOANS & SUBSIDIES
10.2 INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
10.3 INCREASED FARM MECHANIZATION
11 MARKET RESTRAINTS
11.1 LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL TRACTORS
11.2 HIGH DEMAND FOR USED & RENTAL TRACTORS
11.3 CLIMATE CHANGE ADVERSELY IMPACTS AGRICULTURAL ACTIVITIES
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 HORSEPOWER
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 LESS THAN 50 HP
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 50–100 HP
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 ABOVE 100 HP
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 MARKET BY GEOGRAPHY
14 WHEEL-DRIVE TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 2-WHEEL DRIVE
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 4-WHEEL DRIVE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 COUNTRY
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 GEOGRAPHIC OVERVIEW
15.3 THAILAND
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY HORSEPOWER
15.3.4 MARKET BY WHEEL-DRIVE TYPE
15.4 MYANMAR
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY HORSEPOWER
15.4.4 MARKET BY WHEEL-DRIVE TYPE
15.5 PHILIPPINES
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.5.3 MARKET BY HORSEPOWER
15.5.4 MARKET BY WHEEL-DRIVE TYPE
15.6 MALAYSIA
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
15.6.3 MARKET BY HORSEPOWER
15.6.4 MARKET BY WHEEL-DRIVE TYPE
15.7 OTHERS
15.7.1 MARKET OVERVIEW
15.7.2 MARKET SIZE & FORECAST
15.7.3 MARKET BY HORSEPOWER
15.7.4 MARKET BY WHEEL-DRIVE TYPE
16 COMPETITIVE LANDSCAPE
16.1 COMPETITION OVERVIEW
16.1.1 RECENT DEVELOPMENTS BY TOP BRANDS
16.1.2 BRAND LOYALTY
16.1.3 SALES & EXPORTS
17 KEY COMPANY PROFILES
17.1 JOHN DEERE
17.1.1 BUSINESS OVERVIEW
17.1.2 PRODUCT OFFERINGS
17.1.3 KEY STRATEGIES
17.1.4 KEY STRENGTHS
17.1.5 KEY OPPORTUNITIES
17.2 CNH INDUSTRIAL
17.2.1 BUSINESS OVERVIEW
17.2.2 PRODUCT OFFERINGS
17.2.3 KEY STRATEGIES
17.2.4 KEY STRENGTHS
17.2.5 KEY OPPORTUNITIES
17.3 AGCO
17.3.1 BUSINESS OVERVIEW
17.3.2 PRODUCT OFFERINGS
17.3.3 KEY STRATEGIES
17.3.4 KEY STRENGTHS
17.3.5 KEY OPPORTUNITIES
17.4 KUBOTA
17.4.1 BUSINESS OVERVIEW
17.4.2 PRODUCT OFFERINGS
17.4.3 KEY STRATEGIES
17.4.4 KEY STRENGTHS
17.4.5 KEY OPPORTUNITIES
18 OTHER PROMINENT VENDORS
18.1 MAHINDRA
18.1.1 BUSINESS OVERVIEW
18.1.2 PRODUCT OFFERINGS
18.2 DEUTZ-FAHR
18.2.1 BUSINESS OVERVIEW
18.2.2 PRODUCT OFFERINGS
18.3 CLAAS
18.3.1 BUSINESS OVERVIEW
18.3.2 PRODUCT OFFERINGS
18.4 ISEKI & CO., LTD.
18.4.1 BUSINESS OVERVIEW
18.4.2 PRODUCT OFFERINGS
18.5 KIOTI
18.5.1 BUSINESS OVERVIEW
18.5.2 PRODUCT OFFERINGS
18.6 YANMAR
18.6.1 BUSINESS OVERVIEW
18.6.2 PRODUCT OFFERINGS
19 REPORT SUMMARY
19.1 KEY TAKEAWAYS
19.2 STRATEGIC RECOMMENDATIONS
20 QUANTITATIVE SUMMARY
20.1 MARKET BY GEOGRAPHY
20.2 MARKET BY HORSEPOWER
20.3 MARKET BY WHEEL-DRIVE TYPE
21 APPENDIX
21.1 ABBREVIATIONS
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Frequently Asked Questions
What is the growth rate of the Southeast Asia agricultural tractors market?
What are the expected units sold in the Southeast Asia agricultural tractors market by 2028?
How big is the Southeast Asia agricultural tractors market?
Which wheel drive holds the highest Southeast Asia agricultural tractors market share?
Who are the key companies in the Southeast Asia agricultural tractors industry?
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