Tractor Market In India, Tractor Industry In India, Market Sales, Revenue: Ken Research

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India Harvestor Market

By Region (in Units): Harvestor follows the trend similar to Tractors. Major contribution regions are North and then East. ~60% Unit registration is clocked in by Northern Region. During COVID-19, the farm equipment business has seen a severe dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. This can affect the internal transport facility and business.

By Region and State: The Indian combine harvester market is projected to register a CAGR of ~ during the forecast period (2021-2026). During COVID-19, the farm equipment business had seen sudden dip in sales, and therefore the most affected business could also be the dealership network thanks to the disruption supply chain. Additionally, manufacturing units were not completely active, which had resulted during a sharp decrease in sales in 2019-2020. Hence global pandemic had caused a negative impact on the Indian combine harvester market but now they have recovered from the slump. Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country.

By State (in Unit Registration): Combine harvesters in India are majorly used for harvesting grains and cereals in comparison to other crop types within the country. Farmers prefer self-propelled combine harvesters over tractor-mounted harvesters thanks to their high efficiency. Largest contribution states is Punjab which contributes highest unit sales to Combine Harvestor Sales in Northern Region.

Competitive Scenario In India Harvestor Market

The competition in the Harvestor market in India is highly concentrated where leading manufacturers hold around ~% share in the market. The major tractors include John Deere India Pvt Ltd, Manku Agro Tech Pvt Ltd, Kartar Agro Industries Pvt Ltd, Preet Agro Industries Pvt Ltd, Mahindra & Mahindra Limited, Malkit Agro Tech Pvt. Ltd, Guru Nanak AgriEngg Works, Dasmesh Pvt. Ltd, Cnh Industrial (India) Pvt Ltd, K.S. Agrotech Pvt Ltd, Surindera Agro Industries, K.S. Agricultural Industries Pvt. Ltd, Hind Agro Industries, Hira Agro Industries, Claas India P Ltd, Sonalika Industries, New Hind Agro Pvt Ltd, Punjab Agro Implements Industries. The market is highly unorganized and comprises of small assemblers who source part from China. These players compete on parameters Product Portfolio, Distribution Network, Pricing, Discounts, and Geographical Location, value Added Services, Collaborations & Partnerships and After Sales Service.

india-tractor-market

India Tractor & Harvestor Market Future Outlook and Projections

The India Tractor and Harvestor Market are expected to increase at a CAGR of ~% during 2020 to 2025 basis volume. The Agricultural segment will continue to dominate the India Tractor with ~% market share by 2025. The government has launched various programs in order to develop the infrastructure of the country hence facilitating the manufacture of tractors in the future years. Rising demand for the agriculture produce in the country will accelerate the demand for Tractor and Harvestor. The forecast period is also expected to witness entry of more foreign and domestic players in the industry.

Key Segments Covered:-

By Vehicle Category

Agricultural

Commercial

Registration by Region

North

East

West

South

Registration by State

Tractor Makers Covered:-

Mahindra & Mahindra Limited (Tractor)

Mahindra & Mahindra Limited (Swaraj Division)

International Tractors Limited

Tafe Limited

Escorts Limited (Agri Machinery Group)

John Deere India Pvt Ltd (Tractor Devision)

Eicher Tractors

Cnh Industrial (India) Pvt Ltd

Kubota Agricultural Machinery India Pvt. Ltd.

V.S.T. Tillers Tractors Limited

Force Motors Limited, A Firodia Enterprise

Captain Tractors Pvt. Ltd.

Indo Farm Equipment Limited

Vani Electric Vehicles Pvt Ltd

Harvestor Makers Covered:-

John Deere India Pvt Ltd

Manku Agro Tech Pvt Ltd

Kartar Agro Industries Pvt Ltd

Preet Agro Industries Pvt Ltd

Mahindra & Mahindra Limited

Malkit Agro Tech Pvt. Ltd

Guru Nanak AgriEngg Works

Dasmesh Pvt. Ltd

Cnh Industrial (India) Pvt Ltd

K.S. Agrotech Pvt Ltd

Surindera Agro Industries

K.S. Agricultural Industries Pvt. Ltd

Hind Agro Industries

Hira Agro Industries

Claas India P Ltd

Sonalika Industries

New Hind Agro Pvt Ltd

Punjab Agro Implements Industries

Key Target Audience:-

Tractor OEMs

Consultancy Companies

Industry Associations

Regulatory Bodies

Time Period Captured in the Report:-

Historical Period – 2016-2020

Forecast Period – 2020-2025

Key Topics Covered in the Report:-

India Tractor Registration Volume

India Tractor Type (in Units)

India Tractor Vehicle Category (in Units)

India Tractor Vehicle Registration by Region

India Tractor Vehicle Registration by State

India Tractor Maker Market Share

India Tractor Registration Volume

India Tractor Type (in Units)

India Tractor Vehicle Category (in Units)

India Tractor Vehicle Registration by Region

India Tractor Vehicle Registration by State

India Tractor Maker Market Share

Future Market Size and Segmentations, 2020-2025F

For More Information on the research report, refer to below link:-

India Tractor Market

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