Large Tractors (More Than 200 HP) Market
Large Tractors (More Than 200 HP) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Large Tractors (More Than 200 HP) Market Size and Growth
The global market for large tractors (more than 200 HP) is experiencing steady growth due to increasing demand from commercial farming operations. Market size is estimated to be worth $10.5 billion in 2021, with a projected CAGR of 4% from 2021 to 2026. Key drivers include technological advancements and increasing automation in agriculture.
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Companies Covered
(Covid 19 Impact Covered)
◍ Versatile
◍ AGCO
◍ ARBOS
◍ SDF Group
◍ CNH Industrial
◍ John Deere
◍ Massey Ferguson
◍ Mahindra
◍ Landini
◍ JCB
◍ Rostselmash
◍ ZOOMLION
◍ First Tractor Company
◍ Lovol
◍ SINOMACH
◍ Wuzheng Group
The Large Tractors (More Than 200 HP) Market is highly competitive with key players like John Deere, CNH Industrial, AGCO, and Mahindra. These companies offer a wide range of large tractors with advanced technology to cater to the increasing demand in the agriculture sector. They help grow the market by introducing innovative features and expanding their distribution network.
- John Deere: $35.54 billion in sales revenue
- CNH Industrial: $28.29 billion in sales revenue
- AGCO: $10.03 billion in sales revenue
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