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Agriculture Equipment .

Published January, 2020
U.K. Agriculture Tractors Market- Size, Trends, Competitive Analysis and Forecasts (2019-2024)

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Farming in the U.K. is intensive and highly mechanized, an approach which is appropriate to the existing distribution infrastructure. The Government is also strategizing towards sustainable intensification of the agricultural sector. The agriculture sector has seen more integration with technology over the years and is innovating new approaches to food and farming systems. The country is also pioneering novel approaches to sustainable farming practices. However, the infrastructure to support modern farming is limited in the U.K. Thus, the Government is focused to increase mechanization in farming to produce more with less input and impact on the environment. Tractor, which is the backbone of agri-tech innovation has huge growth potential in the U.K. market. The agriculture tractor market in the U.K. was worth $XX million in 2018 and is forecasted to grow at a CAGR of XX% from 2019 to 2024.  

The agriculture productivity growth in the U.K. has been declining as compared to other major countries in Europe. The decline in productivity has been due to lack of capital to invest in equipment and infrastructure, and lack of technology suitable for small scale farmers. The goal is to better productivity and yields with reduced inputs and environmental impact. Thus to move the agriculture industry forward the Government is pushing for mechanization and adoption of modern techniques like GPS and precision farming.

The market has been segmented based on the-

End applications- Utility, Row crop, Garden type, Orchard type, Rotary tillers, and Implement carriers.

Horse Power- Below 40 HP, 40 HP-100 HP and Above 100 HP

Wheel Type- Two Wheel and Four Wheel

The U.K. is witnessing a shift of laborers from industrial farms to small farms. Many farm laborers are moving to skilled work offered by small scale organic and agro-ecological holdings. Aspiring new entrants are driven to work in systems which address environmental challenges such as climate change, soil depletion, and biodiversity loss, and prefer the friendlier atmosphere of small farms and market gardens. Thus, the depleting farm laborers have prompted mechanization in large farm holdings, thereby pushing the demand for tractors in the market.

Key Deliverables

  • Market trends since 2015 and five-year forecasts of market growth 
  • Detailed analysis of the micro and macro elements influencing demand trends
  • Identifying opportunity spaces across segments  
  • Supply & demand side trend and analysis
  • Price trend analysis, investment prospects and competition pattern
  • Insights on the growth potential of the market 
  • Detailed analysis of major producers covering financial investments & strategies adopted
  • Competitive landscape of the industry

 

1. Introduction                                                                                     

          1.1 Research Methodology                                                                     

          1.2 Scope of the Study                                                                          

          1.3 Assumptions                                                                         

2. Summary                                                                               

3. Industry Dynamics                                                                            

          3.1 Drivers                                                                       

                   3.1.1 Growing access to subsidies and credits for Farm Machinery in Asia                 

                   3.1.2 Push for agriculture mechanization from policy makers                        

                   3.1.3 Focus to increase cropping intensity                                       

                   3.1.4 Dwindling agriculture laborers due to Urbanization                               

          3.2 Restraints                                                                   

                   3.2.1 Diminishing area under agriculture                                           

                   3.2.2 Increased number of fragmented landholding in Asia                           

                   3.2.2 Consolidating farmland under contract farming & co-operatives    

          3.3 Opportunities                                                                        

                   3.3.1 Growing emphasis on Precision farming                                            

                   3.3.2 Hill Agriculture                                                           

                   3.3.3 Gender friendly tools and Equipment                                                

                   3.3.4 Crop Specific Package of machines                                                  

          3.4 Porter’s Five Forces Analysis                                                                       

                   3.4.1 Bargaining power of Suppliers                                                         

                   3.4.2 Bargaining power of Buyers                                                            

                   3.4.3 Degree of Competition                                                         

                   3.4.4 Threat of Substitution                                                          

                   3.4.5 Threat of new entrants                                                                  

          3.5 Future Trends in the Industry                                                                      

          3.6 Value Chain Analysis                                                                        

          3.7 Industry Policies & Regulations                                                                    

          3.8 Market Innovations                                                                         

4. Market Size and Forecast                                                                             

          4.1 Market Share, By Types                                                                   

                   4.1.1 Utility Tractors                                                          

                   4.1.2 Row crop tractors                                                               

                   4.1.3 Garden Tractor                                                          

                   4.1.4 Orchard Tractor                                                                  

                   4.1.4 Rotary Tillers                                                            

                   4.1.5 Others                                                           

          4.2 Market Share, By Horse Power                                                                    

                   4.2.1 Below 40 HP                                                             

                   4.2.2 40 HP-100 HP                                                           

                   4.2.3 Above 100 HP                                                           

          4.3 Market Share, By Wheel Type                                                                     

                   4.3.1 Two Wheel                                                               

                   4.3.2 Four Wheel                                                              

5. Competitive Analysis                                                                                   

          5.1 Market Share Analysis                                                                      

          5.2 Growth Strategies of leading players                                                   

          5.3 Investment and Development Prospects                                                                 

                   5.3.1 Investment in past five years                                                          

                   5.3.2 Investment Opportunities                                                               

          5.4 Competition Pattern                                                                         

                   5.4.1 Concentration Ratio                                                             

                   5.4.2 Industry Competition                                                           

          5.5 Price Trend Analysis                                                                         

                   5.5.1 Product Classifications and Their Prices                                             

                   5.5.2 Factors Influencing Prices                                                               

6. Company Profiles                                                                              

          6.1 AGCO Corp.                                                                          

          6.2 Claas KGaA mbH                                                                   

          6.3 CNH Industrial N.V                                                                           

          6.4 Deere and Company                                                                        

          6.5 Deutz-Fahr                                                                           

          6.6 Escorts Limited                                                                      

          6.7 Kubota Corporation                                                                         

          6.8 Kuhn Group                                                                          

          6.9 Mahindra & Mahindra Ltd.                                                                           

          6.10 Tractors and Farm Equipment Ltd.                                                              

          6.11 Yanmar Company Limited                                                                         

Appendix                                                                                   

          Sources                                                                           

          Disclaimer                                                                        

                                                                                     

 

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