Market Overview:
The global 4WD tractor market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for 4WD tractors from agricultural and industrial applications. In terms of type, the below 100 engine horsepower segment is expected to dominate the market during the forecast period, owing to its low cost and easy operability. However, with technological advancements in 4WD tractor design and performance, there is an increasing demand for high-horsepower tractors in developed countries such as North America and Europe.
Product Definition:
A 4WD tractor is a farm tractor with four-wheel drive. Four-wheel drive (4WD) is a form of drivetrain used in vehicles, where all four wheels are driven simultaneously. It can be contrasted with two-wheel drive, where only two wheels are powered, and rear-wheel drive, where the rear wheels are powered. The term 4×4 (pronounced "four by four") or 4WD is used to describe vehicles equipped with this type of drivetrain.
Below 100 Engine Horsepower:
Below 100 HP engine Horsepower (BHP) is the power of engines with less than 100 horsepower. The global below 100 BHP 4WD tractor market size was valued at USD 1,37,857.5 thousand in 2015 and is expected to grow at a CAGR of XX% over the forecast period on account of increasing demand for light-duty commercial vehicles across various sectors including construction, agriculture and mining industry.
100-470 Engine Horsepower:
The engine horsepower (EHP) specification is used to express the power output of an engine in terms of horses. One horsepower is equal to 1 joule per second or 746 ft. lbs. The higher the number, the stronger and more efficient the engine will be at a given RPM range.
100-470 EHP means that engines with specifications between those two ranges have been tested.
Application Insights:
The other application segment includes construction and mining applications. The construction application is expected to witness the fastest growth at a CAGR of XX% over the forecast period owing to an increase in demand for heavy-duty vehicles across various industries such as mining, agriculture and others. In addition, factors such as government initiatives promoting infrastructure development are likely to further fuel the market growth over the coming years.
The industrial 4WD tractors include both commercial and agricultural type of vehicles that have been customized for specific requirements from their original manufacturers or aftermarket companies who offer additional equipment or parts installation services on these machines.
Regional Analysis:
North America dominated the global 4WD tractor market in terms of revenue with a share of over 40.0% in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for agricultural equipment and rising consumer preference towards utility vehicles for personal transportation. Furthermore, stringent government regulations regarding carbon emissions coupled with increasing fuel prices are anticipated to drive consumers towards efficient tillers across North America.
Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 due its large tractable population and rapid economic development along with increased spending on infrastructural developments by various governments across emerging economies such as China and India, which will create numerous opportunities for manufacturers operating within Asia Pacific region during the forecast period.
Growth Factors:
- Increasing demand for food owing to the growing population
- Rising disposable income of consumers in developing countries
- Technological advancements in 4WD tractor industry
- Growing awareness about the benefits of using 4WD tractors
- Government initiatives to promote the use of 4WD tractors
Scope Of The Report
Report Attributes
Report Details
Report Title
4WD Tractor Market Research Report
By Type
Below 100 Engine Horsepower, 100-470 Engine Horsepower, Above 470 Engine Horsepower
By Application
Agriculture Application, Industrial Application, Other
By Companies
John Deere, New Holland, Kubota, Mahindra, Kioti, CHALLENGER, AGCO, Claas, Case IH, JCB, AgriArgo, Same Deutz-Fahr, Zetor, Tractors and Farm Equipment Limited, Balwan Tractors (Force Motors Ltd.), Indofarm Tractors, Sonalika International, YTO Group, LOVOL, Zoomlion, Shifeng, Dongfeng farm, Wuzheng, Jinma
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global 4WD Tractor Market Report Segments:
The global 4WD Tractor market is segmented on the basis of:
Types
Below 100 Engine Horsepower, 100-470 Engine Horsepower, Above 470 Engine Horsepower
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Agriculture Application, Industrial Application, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- John Deere
- New Holland
- Kubota
- Mahindra
- Kioti
- CHALLENGER
- AGCO
- Claas
- Case IH
- JCB
- AgriArgo
- Same Deutz-Fahr
- Zetor
- Tractors and Farm Equipment Limited
- Balwan Tractors (Force Motors Ltd.)
- Indofarm Tractors
- Sonalika International
- YTO Group
- LOVOL
- Zoomlion
- Shifeng
- Dongfeng farm
- Wuzheng
- Jinma
Highlights of The 4WD Tractor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 100 Engine Horsepower
- 100-470 Engine Horsepower
- Above 470 Engine Horsepower
- By Application:
- Agriculture Application
- Industrial Application
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the 4WD Tractor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
4WD tractor is a type of tractor that has four-wheel drive. This allows the tractor to move more easily over difficult terrain, making it easier to work in fields or on farms.
Some of the major players in the 4wd tractor market are John Deere, New Holland, Kubota, Mahindra, Kioti, CHALLENGER, AGCO, Claas, Case IH, JCB, AgriArgo, Same Deutz-Fahr, Zetor, Tractors and Farm Equipment Limited, Balwan Tractors (Force Motors Ltd.), Indofarm Tractors, Sonalika International, YTO Group, LOVOL, Zoomlion, Shifeng, Dongfeng farm, Wuzheng, Jinma.
The 4wd tractor market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. 4WD Tractor Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. 4WD Tractor Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. 4WD Tractor Market - Supply Chain
4.5. Global 4WD Tractor Market Forecast
4.5.1. 4WD Tractor Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. 4WD Tractor Market Size (000 Units) and Y-o-Y Growth
4.5.3. 4WD Tractor Market Absolute $ Opportunity
5. Global 4WD Tractor Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. 4WD Tractor Market Size and Volume Forecast by Type
5.3.1. Below 100 Engine Horsepower
5.3.2. 100-470 Engine Horsepower
5.3.3. Above 470 Engine Horsepower
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global 4WD Tractor Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. 4WD Tractor Market Size and Volume Forecast by Application
6.3.1. Agriculture Application
6.3.2. Industrial Application
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global 4WD Tractor Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. 4WD Tractor Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global 4WD Tractor Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. 4WD Tractor Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global 4WD Tractor Demand Share Forecast, 2019-2029
9. North America 4WD Tractor Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America 4WD Tractor Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America 4WD Tractor Market Size and Volume Forecast by Application
9.4.1. Agriculture Application
9.4.2. Industrial Application
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America 4WD Tractor Market Size and Volume Forecast by Type
9.7.1. Below 100 Engine Horsepower
9.7.2. 100-470 Engine Horsepower
9.7.3. Above 470 Engine Horsepower
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America 4WD Tractor Demand Share Forecast, 2019-2029
10. Latin America 4WD Tractor Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America 4WD Tractor Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America 4WD Tractor Market Size and Volume Forecast by Application
10.4.1. Agriculture Application
10.4.2. Industrial Application
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America 4WD Tractor Market Size and Volume Forecast by Type
10.7.1. Below 100 Engine Horsepower
10.7.2. 100-470 Engine Horsepower
10.7.3. Above 470 Engine Horsepower
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America 4WD Tractor Demand Share Forecast, 2019-2029
11. Europe 4WD Tractor Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe 4WD Tractor Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe 4WD Tractor Market Size and Volume Forecast by Application
11.4.1. Agriculture Application
11.4.2. Industrial Application
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe 4WD Tractor Market Size and Volume Forecast by Type
11.7.1. Below 100 Engine Horsepower
11.7.2. 100-470 Engine Horsepower
11.7.3. Above 470 Engine Horsepower
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe 4WD Tractor Demand Share, 2019-2029
12. Asia Pacific 4WD Tractor Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific 4WD Tractor Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific 4WD Tractor Market Size and Volume Forecast by Application
12.4.1. Agriculture Application
12.4.2. Industrial Application
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific 4WD Tractor Market Size and Volume Forecast by Type
12.7.1. Below 100 Engine Horsepower
12.7.2. 100-470 Engine Horsepower
12.7.3. Above 470 Engine Horsepower
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific 4WD Tractor Demand Share, 2019-2029
13. Middle East & Africa 4WD Tractor Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa 4WD Tractor Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa 4WD Tractor Market Size and Volume Forecast by Application
13.4.1. Agriculture Application
13.4.2. Industrial Application
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa 4WD Tractor Market Size and Volume Forecast by Type
13.7.1. Below 100 Engine Horsepower
13.7.2. 100-470 Engine Horsepower
13.7.3. Above 470 Engine Horsepower
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa 4WD Tractor Demand Share, 2019-2029
14. Competition Landscape
14.1. Global 4WD Tractor Market: Market Share Analysis
14.2. 4WD Tractor Distributors and Customers
14.3. 4WD Tractor Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. John Deere
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. New Holland
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kubota
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mahindra
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kioti
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CHALLENGER
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. AGCO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Claas
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Case IH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. JCB
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AgriArgo
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Same Deutz-Fahr
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Zetor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Tractors and Farm Equipment Limited
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Balwan Tractors (Force Motors Ltd.)
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Indofarm Tractors
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Sonalika International
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. YTO Group
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. LOVOL
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Zoomlion
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook