Overview and Scope
Garden and orchard tractors machinery refer to small, compact tractors designed specifically for use in gardens, orchards, vineyards, and other small agricultural operations. These tractors are often equipped with specialized attachments and accessories that allow them to perform tasks such as mowing, tilling, digging, and hauling.
Sizing and Forecast
The garden and orchard type tractors machinery market size has grown steadily in recent years. It will grow from $4.24 billion in 2023 to $4.42 billion in 2024 at a compound annual growth rate (CAGR) of 4.1%. The growth in the historic period can be attributed to environmental awareness, market transformations, economic fluctuations, globalization trends, regulatory changes.
The garden and orchard type tractors machinery market size is expected to see steady growth in the next few years. It will grow to $5.06 billion in 2028 at a compound annual growth rate (CAGR) of 3.4%. The growth in the forecast period can be attributed to environmental sustainability, market dynamics, demographic changes, regulatory trend, global market expansion. Major trends in the forecast period include environmental concerns, market consolidation, changing demographics, consumer preferences and behavior.
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Segmentation & Regional Insights
The garden and orchard type tractors machinery market covered in this report is segmented –
1) By Type: Wheeled, Crawler
2) By Application: Orchard Use, Garden Use
3) By End User: Residential Users, Professional Landscaping Services, Other End Users
North America was the largest region in the garden and orchard-type tractors machinery market in 2023. Asia-Pacific is expected to be the fastest-growing region in the garden and orchard-type tractors machinery market during the forecast period. The regions covered in the garden and orchard type tractors machinery market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The necessity to increase crop yields is expected to propel the growth of the garden and orchard-type tractors machinery market going forward. Crop yields refer to the amount of agricultural produce or crops harvested from a given land area over a specified period. Garden and orchard tractors machinery is used in crop yields to facilitate agricultural operations such as planting, harvesting, and pulling heavy loads. For instance, in September 2022, according to Statistics Canada, a Canada-based Government agency, Wheat production in Canada is predicted to rise 55.6% yearly to 34.7 million tons in 2022. This increase is primarily due to higher indicated yields, estimated to grow by 42.1% to 51.3 bushels per acre. Moreover, in April 2022, according to Central Statistics Office Ireland, an Ireland-based Government agency, the Potato yield increased from 33.8 tons per hectare to 45.6 tons. Therefore, the necessity to increase crop yields is driving the growth of the garden and orchard-type tractors machinery market.
Key Industry Players
Major companies operating in the garden and orchard type tractors machinery market report are Deere & Company, Mahindra & Mahindra Limited, AGCO Corporation, Farmtrac Tractors Europe Sp. z o.o., Kubota Tractor Corp., McCormick Tractors International Ltd., Case IH – CNH Industrial America LLC, Deutz-Fahr GmbH, CLAAS Group, Daedong Corporation, Minsk Tractor Works OJSC, Tractor and Farm Equipment Limited (TAFE), International Tractors Limited, Escorts Group, Yanmar Co. Ltd., SAME DEUTZ-FAHR DEUTSCHLAND GmbH, JCB – J C Bamford Excavators Ltd., LS Mtron Ltd., Kukje Machinery Co. Ltd., Tong Yang Moolsan Co. Ltd., Antonio Carraro S.p.A., Iseki & Co. Ltd., Zetor Tractors a.s., Landini – Argo Tractors S.p.A., IHI Shibaura Machinery Corporation, Solis Tractors – International Tractors Limited, Lovol Heavy Industry Co. Ltd., Sthil Aktiengesellschaft, EBCS – Emak SpA, Husqvarna AB
The garden and orchard type tractors machinery market report table of contents includes:
1. Executive Summary
2. Garden And Orchard Type Tractors Machinery Market Characteristics
3. Garden And Orchard Type Tractors Machinery Market Trends And Strategies
4. Garden And Orchard Type Tractors Machinery Market – Macro Economic Scenario
5. Global Garden And Orchard Type Tractors Machinery Market Size and Growth
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31. Global Garden And Orchard Type Tractors Machinery Market Competitive Benchmarking
32. Global Garden And Orchard Type Tractors Machinery Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Garden And Orchard Type Tractors Machinery Market
34. Garden And Orchard Type Tractors Machinery Market Future Outlook and Potential Analysis
35. Appendix
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