Global Orchard Type Tractors Market is growing at a CAGR of 6.5% during 2018-2027.

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Some of the key players profiled in the Orchard Type Tractors Market include Mahindra & Mahindra Ltd, Deere & Company, Tractor and Farm Equipment Limited, Kubota Group, CNH Industrial N.V., Caterpillar, Fendt, Claas Tractor, and McCormick Tractors.

Gaithersburg, Maryland, United States – March 3, 2020 /MarketersMedia/

Increasing rates of farm mechanization, rising trend of home-grown fruits, and technological innovation are the factors driving the market growth. However, regular service requirements may hinder the market growth.

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The orchard type tractor is a tractor that is used in vineries and orchards. These are built to navigate and maneuver in small areas or fields. The dimension of the orchard tractor is comparatively small, as it has to perform its main activities in vineyards and orchards. The tires of the orchard tractor are covered or protected with a shield or an extra covering to guard them from getting punctured by the thorns of citrus trees in orchards.

By type, wheeled tractors segment is expected to expand at the highest growth during the forecast period owing to its higher level of tractive efficiency over a broad range of soil conditions.

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Based on geography, North America is going to have a lucrative growth during the forecast period due to the rise in technological advancements coupled with the decline in farm labor shrinkage. The continuous rise in farm labor wages due to labor shortage, especially in fruits and vegetable plantation has had a positive impact on the demand for tractors in this region, as farmers are increasingly adopting agricultural mechanization as a substitute for manual labor.

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Types Covered:
• Crawler Tractors
• Wheeled Tractors

Horse Powers Covered:
• Less than 20 HP
• 20-30 HP
• 30-40 HP

Applications Covered:
• Vineries and Backyards
• Farm
• Greenhouse
• Apple Orchard
• Pear Orchard

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements

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Source URL: https://marketersmedia.com/global-orchard-type-tractors-market-is-growing-at-a-cagr-of-65-during-2018-2027/88948589

Source: MarketersMedia

Release ID: 88948589

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