Market Overview:
The global straddle 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 agricultural and industrial applications, and rising awareness about the benefits of using straddle tractors. Based on type, the global straddle tractor market can be segmented into two rounds and four rounds. The two rounds segment is expected to account for a larger share of the market in terms of revenue during the forecast period. This can be attributed to their low cost and easy maneuverability. Based on application, the global straddle tractor market can be divided into agriculture and industrial applications. The agriculture segment is expected to account for a larger share of the market in terms of revenue duringthe forecast period owingto its growing demand from countries such as India, China, Brazil, Argentinaand Mexico .
Product Definition:
A straddle tractor is a piece of farm equipment that is used to move large objects around. It has two long metal arms that it uses to grasp the object and lift it. This machine can be very helpful when moving large hay bales, logs, or other heavy objects.
Two Rounds:
The two rounds is a device used in the straddle tractors to increase the ground clearance. It consists of two steel wheels with tires and is mounted above the mainframe of tractor. The round shape provides better stability while working on uneven surfaces as compared to traditional square shaped implement.
The market for two rounds in straddle tractors is expected to witness significant growth over the forecast period owing to its increasing demand from developing countries such as India, Brazil,.
Four Rounds:
The four rounds is a tool used to measure the distance between objects. It consists of an aluminum stick, which has markings on it and can be used in various applications such as farming, construction and carpentry. The device works on the principle that as the number of marked sides increase so does its accuracy.
It's basically a rod with 4 pieces of tapered wood at equal distances along its length with another piece of tape for balance or support.
Application Insights:
The agriculture segment dominated the global straddle tractor market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for tractors with high horsepower and ability to work on slopes. Tractors used in this application are designed primarily for agricultural purposes, which involves working on fields, plowing soil and harvesting crops.
Agriculture is one of the major occupations in several regions including North America, Latin America and Europe due to growing population coupled with increasing urbanization has led to an increase in demand for food production globally. Furthermore, governments from various countries have implemented policies encouraging farmers' participation through subsidies & price supports leading towards increased penetration of tractors used for agriculture applications globally.
Industrial applications include mining activities where heavy-duty machinery are required as compared with lighter-duty machinery would be used at a domestic level or at a small scale industrial level as these machines require strength.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for agricultural equipment since last few years due to growing population, rising disposable income of consumers and farmers, and changing food habits.
The region’s agriculture industry requires huge investment in order to increase productivity owing to low profit margins associated with farming activities. However, government initiatives such as “Make in India†campaign are expected to create opportunities for various farm equipment manufacturers across the country thus driving regional growth over the next eight years.
Europe was valued at USD X billion in 2017 owing both primarily driven by Germany along with other countries like France, U-K.
Growth Factors:
- Increasing demand for food due to population growth
- Rising disposable income of consumers in developing countries
- Technological advancements in agriculture sector
- Government initiatives to promote the use of straddle tractors in agricultural sector
- Growing awareness about the benefits of straddle tractors among farmers
Scope Of The Report
Report Attributes
Report Details
Report Title
Straddle Tractor Market Research Report
By Type
Two Rounds, Four Rounds
By Application
Agriculture, Industrial
By Companies
Zoomlion, CMC, Tecnoma, Derot, Vermande, Pfanzelt Maschinenbau, Bobard, Braselio, Terrateck, Zuern, Asia Agricultural Machinery Co Ltd, Egedal Maskinfabrik A And S
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
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Straddle Tractor Market Report Segments:
The global Straddle Tractor market is segmented on the basis of:
Types
Two Rounds, Four Rounds
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, Industrial
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:
- Zoomlion
- CMC
- Tecnoma
- Derot
- Vermande
- Pfanzelt Maschinenbau
- Bobard
- Braselio
- Terrateck
- Zuern
- Asia Agricultural Machinery Co Ltd
- Egedal Maskinfabrik A And S
Highlights of The Straddle 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:
- Two Rounds
- Four Rounds
- By Application:
- Agriculture
- Industrial
- 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 Straddle 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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?
A straddle tractor is a type of agricultural tractor that has two front-mounted, steerable wheels and two rear-mounted, steerable wheels. This configuration allows the straddle tractor to move in a "straddle" across the width of a field or other area.
Some of the major players in the straddle tractor market are Zoomlion, CMC, Tecnoma, Derot, Vermande, Pfanzelt Maschinenbau, Bobard, Braselio, Terrateck, Zuern, Asia Agricultural Machinery Co Ltd, Egedal Maskinfabrik A And S.
The straddle tractor market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Straddle Tractor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Straddle Tractor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Straddle Tractor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Straddle Tractor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Straddle Tractor Market Size & Forecast, 2020-2028
4.5.1 Straddle Tractor Market Size and Y-o-Y Growth
4.5.2 Straddle Tractor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Two Rounds
5.2.2 Four Rounds
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Agriculture
6.2.2 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Straddle Tractor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Straddle Tractor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Two Rounds
9.6.2 Four Rounds
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Agriculture
9.10.2 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Two Rounds
10.6.2 Four Rounds
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Agriculture
10.10.2 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Two Rounds
11.6.2 Four Rounds
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Agriculture
11.10.2 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Two Rounds
12.6.2 Four Rounds
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Agriculture
12.10.2 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Two Rounds
13.6.2 Four Rounds
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Agriculture
13.10.2 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Straddle Tractor Market: Competitive Dashboard
14.2 Global Straddle Tractor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zoomlion
14.3.2 CMC
14.3.3 Tecnoma
14.3.4 Derot
14.3.5 Vermande
14.3.6 Pfanzelt Maschinenbau
14.3.7 Bobard
14.3.8 Braselio
14.3.9 Terrateck
14.3.10 Zuern
14.3.11 Asia Agricultural Machinery Co Ltd
14.3.12 Egedal Maskinfabrik A And S
