Low HP tractor is an engineering vehicle specifically designed to deliver at a high tractive effort (or torque) at slow speeds, for the purposes of hauling a trailer or machinery used in agriculture or construction.
This report contains market size and forecasts of Low HP Tractor in global, including the following market information:
Global Low HP Tractor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low HP Tractor Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Low HP Tractor companies in 2021 (%)
The global Low HP Tractor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 40 HP Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low HP Tractor include Mahindra & Mahindra, John Deere, TAFE, CNH Industrial, AGCO, Kubota, SDF, CLAAS and Argo, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low HP Tractor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low HP Tractor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low HP Tractor Market Segment Percentages, by Type, 2021 (%)
Below 40 HP
40-100 HP
Global Low HP Tractor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low HP Tractor Market Segment Percentages, by Application, 2021 (%)
Farming
Horticulture
Others
Global Low HP Tractor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low HP Tractor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low HP Tractor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low HP Tractor revenues share in global market, 2021 (%)
Key companies Low HP Tractor sales in global market, 2017-2022 (Estimated), (Units)
Key companies Low HP Tractor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mahindra & Mahindra
John Deere
TAFE
CNH Industrial
AGCO
Kubota
SDF
CLAAS
Argo
Lovol Heavy Industry
Carraro