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(EMAILWIRE.COM, February 09, 2018 ) Envision Intelligence estimates that is Europe Wheeled Tractor Machinery projected to reach 8.79 Billion by the end of 2024 with a CAGR of 6.16%.
Wheeled Tractors are specially designed to deliver high torque at high speeds. Wheeled tractors are classified as general purpose tractor, row crop tractor, special purpose tractor. With the growing technology, differently advanced machinery is being promoted to make farming simpler, which is affecting the sales of traditional tractors.
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In a tractor, internal combustion of suitable horsepower is used as a prime mover. Engines ranging from 8 to 200hp are used in agriculture machinery tractors. The major factors for selecting the tractors include landholding, soil condition, cropping pattern, repair facilities, climatic condition, initial cost and resale value, and running cost. In Europe, Germany is the leading market for wheeled tractor machinery market.
Key players in the market include:
• Deere and Company
• CNH Global NV
• Farmtrac Tractor Europe
• Mahindra & Mahindra Ltd.
• AGCO Tractor
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This report contains the in-depth analysis on the market and the estimations are done using volume and value data are further validated on three approaches including bottom-up, top-down and from top companies’ revenues to conclude the market estimations precisely and accurately considering all the parameters and market dynamics.
Key pointers in the report include:
•Competitive landscape & market analysis is included in the report to understand the key companies’ position and Porter's Analysis, PESTLE analysis, SWOT Analysis& Y-O-Y analysis are performed to comprehend the market dynamics and key companies’ position during the next five years.
•A team of analysts has analyzed and listed out the key drivers, constraints, challenges and emerging opportunities in all the industry verticals, which will specify the emerging scope of the market in end-user industries.
•Industry value chain analysis is provided in the report to identify the key stakeholders and prominent players at each stage of the company along with the value addition at each stage of the value chain.
•Complete analysis including global and regional trends, technological developments, and new product innovations are included in the report specific to each segment of the market.
•A complete 360-degree analysis including product portfolio, business portfolio, developmental strategies, and key developments from the companies in the historical period for the key players operating in the market is included in the report.
•Advanced customizations on countries, specific applications in end-user industries, product based customizations will be provided based on the request. All the collected data is further validated and verified using surveys, interviews, and interactions with industrial experts.
South America Wheeled Tractor Machinery Market: https://www.envisioninteligence.com/industry-report/south-america-wheeled-tractor-market/
Global Agriculture Irrigation Machinery Market: https://www.envisioninteligence.com/industry-report/global-agriculture-irrigation-machinery-market/
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