Global Tractor Implements Market - 2020-2027
発行: DataM Intelligence
世界のトラクター農機具市場は、農作業の効率化・短時間化や収穫後の機会損失回避といったニーズや、新製品の相次ぐ発売、最新技術の導入・活用 (各種センサー、IoT、自律型ロボット、ドローンほか) といった要因に支えられて、今後も拡大傾向が続くと見られています。アジア太平洋地域と北米が世界の二大市場であり、今後も順調な市場成長が続く見通しです。
Tractor implements are the tractor-mount equipment attached to an agricultural tractor for performing various tasks and functions on farmlands. The tractor implements are useful for performing the various functions such as digging, plowing, sowing, cultivating, and seeding. The market is dominated by the availability of the several tractor implements such as scrape blades, rakes, rakes, spreaders, scoops, cultivators, disc mowers, rotary tedders, bottom plows, disc harrows, boom poles, mowers, tillovators, trailer movers, sprayers, balers, and others.The global tractor implements market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand for the tractor implements for improving the efficiency, reducing the time consumption, and post-harvest operational losses. The tractor implements are the ideal alternatives to reduce the high labor costs as the integration of the different tractor implements with the tractors could perform the multiple tasks. The growing expansion of the area harvested for food crops such as rice, soybean, barley, and wheat, particularly in the developing countries shall stimulate the market growth.
The increase in the launch of the tractor implements shall stimulate the market growth. For instance, in September 2018, Case IH, one of the major agriculture equipment brands had launched the Patriot 250 Extreme, a self-propelled sprayer and new Puma 185 ROPS tractor. The Patriot 250 Extreme Sprayer provides the farmers an easier set-up from the tractor-pulled sprayers to self- propelled sprayer. The Puma 185 ROPS tractor is powered by a 6.75-litre six cylinder FPT industrial engine with the turbochanging and intercooling. It drives through a 15*12 synchronised mechanical transmission designed for minimal power losses.
In 2017, CLAAS Group had launched the VARIANT 400 series, a new range of round balers with the improved features for enhanced crop flow, intake, wrapping, and maintenance. These balers are more powerful, reliable and easier to use when harvesting straw, silage and hay.
There is growing technological advancement focussed on sensors, Internet of Things (IoT), autonomous robots, and drones, integrated with mechanized equipment and digital platform for the development of the tractor implements. These technologies are useful for providing the real-time field data integration to analyze and make decisions regarding the farm operations. There is growing development of the automated tractor implements. For instance, in May 2018, Deere & Company had integrated the a new suspension track system, flex draper header and harvest-specific enhancements to the MyOperations mobile app. This advancement would help in improving the performance, efficiency, ride quality, and small grain harvesting efficiency of its S-Series Combines. The new track system features a unique tread design with wider and taller tread bars that are angled to improve traction, balance and ride comfort while extending tread life.
The global tractor implements market is segmented based on the power as the powered and unpowered. The powered tractor implements segment accounts for the highest market share of XX% in 2019. The powered tractor implements involved the use of the mechanical and electrical power for its movement. There is high usage of the powered tractor implements for performing the various farming tasks as the powered tractor implements are useful for improving the performance efficiency of the processes and mechanized operations for the agriculture production. Powered tractor implements are more efficient in comparison to unpowered tractor implements. There is higher adoption of the powered tractor implements in the developed regions such as North America, and Europe. It is further expected that the powered segment shall maintain its dominant market position over the forecasted peroid.
Further, the market is also classified based on the drive as the 2-wheel drive, and 4-wheel drive. The 4-wheel drive segment accounts for the highest market share of XX% in 2019 owing to the higher adoption of the 4-wheel drive equipment as these equipment comprised of the more power and efficiency. The 4-wheel drive equipment are versatile, powerful equipment designed to handle different farming tasks with the ease of use and operations. The 4-wheel drive equipment are the most preferred choice for the undulated terrain and slopes especially for wet land puddling application. The 4-wheel drive tractors allow the multiple implements to be attach at a time that can perform the various functions at a same time. The 4-wheel drive equipment provide the higher output and productivity to the farmers in less peroid of time.
By region, the global tractor implements market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia-Pacific dominated the global tractor implements market and is expected to grow at the highest CAGR during the forecasted period owing to the growing agricultural activities including the producing, breeding, rotating and changing agricultural crops. The increasing crop production or livestock shall stimulate the market growth. There are high adoption of the technologically advanced tractor implements for ploughing, digging, sowing, harvesting, seeding, rising and cultivating. There is increasing research and development activities for the development of the tractor implements. There are presence of the large number of companies developing the tractor implements. The increasing government subsidies for usage of farm equipment shall boost the demand for the tractor implements over the forecasted peroid.
North America is expected to have the positive market growth due to increasing demand for the irrigation & crop protection. There are presence of the several tractor implements. There is growing presence of the market players developing the tractor implements. Several public and private companies are raising the investment and funding for the development of the tractor implements. The growing usage of the smart farming for improving the farms productivities and reducing the shall boost the demand for the tractor implements. There is growing development of innovative technologies for the development of the tractor implements.
The global tractor implements market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Deere & Company, Kubota Corporation, CNH Industrial N.V., Agco Corporation, Tractors and Farm Equipment Limited, Mahindra & Mahindra, and Actuant are the leading market players with significant market share. The major players are using product development, novel product launches, market expansion, and product diversification strategies for holding their position in the market.
The companies are entering into the collaborations, mergers, strategic partnerships, and acquisitions to increase the demand for Tractor Implements and their expansion across the globe. For instance, CLAAS Group, the German agricultural engineering company had acquired the majority take-over of the Chinese agricultural machinery manufacturer, Shandong Jinyee Machinery Manufacture Co. Ltd. Under the terms of the agreement, Shandong Jinyee Machinery Manufacture Co. Ltd. would operates under the name CLAAS Jinyee Agricultural Machinery (Shandong) Co. Ltd.
In September 2018, Aeris, a technology leader in the Internet of Things (IoT) had entered into the collaboration with Hello Tractor in Africa to launch Tractors-as-a-Service in India and the ASEAN region.
In July 2018, Deere & Company had signed a definitive agreement to acquire PLA, a privately-held manufacturer of sprayers, planters, and specialty products for agriculture. PLA is based in Argentina, with manufacturing facilities in Las Rosas, Argentina, and Canoas, Brazil. This acquisition would help the company to provide innovative, cost-effective equipment, technology, and services to improve their productivity.
In October 2017, Kubota Corporation had established a new distribution center in the Kansas, United States. This expansion would help the company to realign and enhance its distribution network in the US for business growth.
In December 2014, CNH Industrial N.V. had acquired the precision spraying equipment manufacturer i.e., Miller-St. Nazianz, Inc. Under the terms of agreement, all assets and activities of Miller would be integrated into CNH Industrial. The Miller products would be integrated into the New Holland Agriculture portfolio, a CNH Industrial brand specializing in agricultural machinery.