The Sale of Turkey Tractors Market to Reach 94, 994 Units by – GlobeNewswire

Chicago, July 04, 2022 (GLOBE NEWSWIRE) — According to latest research report by Arizton, the Chicken tractor s market is expected to grow at a CAGR of 5. 79%. The world is changing rapidly, increasing innovation, and the extensive use of robotics and AI are transforming every aspect of life. Within the next ten years, the current way of farming will be completely revolutionized using autonomous tractors plus agricultural robots, which will make time-consuming manual tasks efficient and effective.

Turkey  Tractors Marketplace Report Scope

Report Attributes Details
MARKET SIZE (2028) 94, 994 Units
MARKETPLACE SIZE (2022) 64, 070 Units
CAGR (2022-2028) 5. 79%  
BASE YEAR 2021  
FORECAST 12 MONTHS 2022-2028
MARKET SEGMENTS Horsepower, Drive Type, and Zone
LARGEST SEGMENT BY ZONE Central Anatolia
LARGEST SECTION BY DRIVE TYPE 2-Wheel-Drive

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Key Highlights

  • With approximately 75% share, tractors are usually the largest segment associated with agricultural equipment in Poultry.
  • Turkey is the largest exporter of tractors in the particular Middle East in terms of unit sales. The number of tractors manufactured in Turkey accounts for over one-third of the total number of tractors manufactured in Middle Western countries.
  • The Government of Turkey’s schemes and initiatives in order to facilitate credit and improve agriculture-related operations are the major drivers that are contributing to the growth of the overall value chain in the Turkey agricultural sector.
  • The Turkish market witnessed an unexpected rise in tractor sales in 2021 plus maintained it until now. Interestingly, the particular highest development in the Turkey tractor market was seen in the particular medium HP power segments.
  • The key players in Chicken agriculture tractor market are New Holland, Tumosan, and Massey Ferguson. In terms of units sold, New Holland plus Tumosan are usually the marketplace leaders which accounted for more than 50% of overall Turkey agriculture tractors market in 2021.

Market Segmentation

Hp  

  • Less Than 50 HP
  • 50-75 HP
  • 76-100 HP
  • 101−150 HP
  • Above 150 HORSEPOWER

Drive Type  

  • 2-Wheel-Drive
  • 4-Wheel-Drive

Zones

  • Eastern Anatolia (Agri, Bingol, Elazig, Malatya, Hakkari, Idgir, Kars, Tunceli, and Van)
  • Central Anatolia (Ankara, Cankiri, Eskisehir, Karaman, Kayseri, Konya, Sivas, and Yozgat)
  • Aegean plus Mediterranean (Aydin, Izmir, Manisa, Usak, Denizli, Adana, Antalya, Mersin, Burdur, Hatay, Isparta, and Osmaniye)
  • Marmara (Edirne, Istanbul, Kirklareli, Kocaeli, Tekirdag, Yalova, and Bursa)
  • Black Sea (Amasya, Gümüşhane, Barton, Bolu, Giresun, Kastamonu, Karabük, Ordu, Rize, Samsun, Sinop, Tokat, Trabzon, and Zonguldak)

New Holland plus Tumosan dominated the European tractor marketplace with the collective market share associated with over 52%. The threat of rivalry is high in the Turkish farming tractor marketplace since a lot more than 50% of the share belongs to the top three key gamers. These players are thriving on innovation in the particular tractor market. They are increasingly investing in developing advanced agriculture tractor technology for precision farming and machine automation.

With the market’s availability of multiple brands plus variants, as well as easier-than-ever access to information, the proclivity to explore new options may change purchasing sentiments among younger farmers. Thus, the success of tractor manufacturers inside attracting and retaining the attention of this new generation of buyers’ hinges on creating value addition that resonates with them. This set of progressively informed plus demanding customers is exerting pressure upon OEMs to exhibit unprecedented agility in delivering at a pace that will matches their heightened and continually evolving expectations.

Key Vendors  

  • AGCO
  • CNH Industrial
  • John Deere
  • TAFE
  • Kubota

Other Prominent Suppliers  

  • SDF
  • Action Construction Equipments Ltd (ACE)
  • Iseki
  • Deutz-Fahr
  • Mahindra & Mahindra
  • Yanmar
  • Escorts
  • HASEL

Table of Content

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 STUDY PROCESS

4 SCOPE & COVERAGE

4. 1 MARKET DEFINITION

4. 1 . 1 INCLUSIONS

4. one 2 EXCLUSIONS

4. 1 ) 3 MARKETPLACE ESTIMATION CAVEATS

4. two BASE YR

4. 3 SCOPE OF THE STUDY

5 REPORT ASSUMPTIONS & CAVEATS

5. one KEY CAVEATS

5. 2 CURRENCY CONVERSION

5. a few MARKET DERIVATION

6 MARKET AT A GLANCE

7 INTRODUCTION

7. 1 OVERVIEW

7. two TURKEY’S AGRICULTURAL POLICY

seven. 2. 1 AGRICULTURAL POLICIES

7. three or more FOREIGN DIRECT INVESTMENT

7. 4 LAND HOLDING STRUCTURES & CROPPING INTENSITY

seven. 5 IMPORT & EXPORT ANALYSIS

7. 6 TECHNOLOGICAL ADVANCES

seven. 7 IMPACT OF COVID-19 ON TURKISH AGRICULTURE SECTOR

8 MARKET LANDSCAPE

eight. 1 MARKET OVERVIEW

7. 1. one MAJOR LABOR SHORTAGE IN AGRICULTURE FIELD

8. 2 MARKET SIZE & FORECAST

9 HORSEPOWER

9. 1 MARKET SNAPSHOT & GROWTH ENGINE

nine. 2 MARKETPLACE OVERVIEW

9. 3 LESS THAN 50 HEWLETT PACKARD

9. 3. 1 MARKET OVERVIEW

nine. 3. two MARKET DIMENSION & PREDICTION

9. a few. 3 LOWER THAN 50 HP AGRICULTURE TRACTOR MARKET WITHIN TURKEY BY REGION

9. 4 50–75 HP

nine. 4. one MARKET SUMMARY

9. four. 2 MARKETPLACE SIZE & FORECAST

9. 4. three or more 50–75 HORSEPOWER TRACTOR MARKET IN TURKEY BY REGIONS

9. five 76–100 HEWLETT PACKARD

9. 5. 1 MARKETPLACE OVERVIEW

nine. 5. 2 MARKET SIZE & OUTLOOK

9. five. 3 76-100 HP AGRICULTURE TRACTOR MARKET IN CHICKEN BY AREAS

9. six 101–150 HP

9. 6. 1 MARKETPLACE OVERVIEW

9. 6. two MARKET DIMENSION & FORECAST

9. six. 3 101-150 HP FARMING TRACTOR MARKET IN POULTRY BY LOCATIONS

9. 7 ABOVE 150 HP

nine. 7. 1 MARKET REVIEW

9. seven. 2 MARKETPLACE SIZE & FORECAST

9. 7. several ABOVE a hundred and fifty HP AGRICULTURE TRACTOR MARKET IN TURKEY BY REGION

10 DRIVE TYPE

ten. 1 MARKETPLACE SNAPSHOT & GROWTH ENGINE

10. 2 MARKET OVERVIEW

10. 2 . 1 MARKET SIZE & FORECAST

10. 3 2WD TRACTORS

ten. 3. one MARKET SUMMARY

10. 3 or more. 2 MARKETPLACE SIZE & FORECAST

10. 3. 3 or more 2WD FARMING TRACTOR MARKET IN CHICKEN BY REGIONS

10. 4 4WD TRACTORS

10. four. 1 MARKETPLACE OVERVIEW

ten. 4. two MARKET SIZE & FORECAST

10. 4. 3 4WD AGRICULTURE TRACTOR MARKET IN TURKEY SIMPLY BY REGIONS

11 AREAS

11. 1 MARKET SNAPSHOT & GROWTH MOTOR

11. 2 MARKET REVIEW

11. 3 EASTERN ANATOLIA

11. a few. 1 MARKETPLACE OVERVIEW

eleven. 3. two MARKET DIMENSION & PREDICTION

11. three or more. 3 EASTERN ANATOLIA AREA AGRICULTURE TRACTOR MARKET BY HP

11. 3. four EASTERN ANATOLIA REGION AGRICULTURE TRACTOR MARKET BY WHEEL DRIVE

11. 4 CENTRAL ANATOLIA

11. four. 1 MARKETPLACE OVERVIEW

eleven. 4. 2 MARKET SIZE & PREDICTION

11. 4. 3 CENTRAL ANATOLIA REGION AGRICULTURE TRACTOR MARKET SIMPLY BY HP

11. 4. four CENTRAL ANATOLIA AGRICULTURE TRACTOR MARKET BY WHEEL DRIVE

11. 5 AEGEAN AND MEDITERRANEAN

eleven. 5. 1 MARKET OVERVIEW

11. five. 2 MARKET SIZE & FORECAST

11. 5. 3 or more AEGEAN PLUS MEDITERRANEAN AREA AGRICULTURE TRACTOR MARKET SIMPLY BY HP

eleven. 5. 4 AEGEAN AND MEDITERRANEAN REGION AGRICULTURE TRACTOR MARKET BY WD

11. 6 MARMARA

11. 6. 1 MARKETPLACE OVERVIEW

eleven. 6. two MARKET DIMENSION & OUTLOOK

11. six. 3 MARMARA REGION FARMING TRACTOR MARKET BY HORSEPOWER

11. 6. 4 MARMARA REGION AGRICULTURE TRACTOR MARKETPLACE BY WHEEL DRIVE

11. 7 BLACK SEA

eleven. 7. one MARKET SUMMARY

11. 7. 2 MARKET SIZE & FORECAST

11. 7. 3 BLACK SEA REGION FARMING TRACTOR MARKETPLACE BY HEWLETT PACKARD

11. seven. 4 DARK SEA AREA AGRICULTURE TRACTOR MARKET SIMPLY BY WHEEL PUSH

12 MARKET OPPORTUNITIES & TRENDS

twelve. 1 HIGH LOCAL PRODUCTION CAPACITIES WITHIN TURKEY

12. 2 TECHNICAL ADVANCES IN TRACTORS

twelve. second . 1 GPS TECHNOLOGY

12. 2. 2 GROWING DEMAND FOR AUTONOMOUS TRACTORS

12. 3 INCREASING USE OF NON-CONVENTIONAL FUEL IN TRACTORS

twelve. 4 GROWING POTENTIAL FOR ELECTRIC TRACTORS

13 MARKET GROWTH ENABLERS

13. 1 FINANCIAL SUPPORT TO FARMERS THROUGH LOANS & SUBSIDIES

thirteen. 2 REDUCING WORKFORCE IN ORDER TO BOOST FARM MECHANIZATION

13. 3 DEVELOPMENT IN FARMING PRODUCTIVITY & EXPORTS

thirteen. 3. one AGRICULTURAL EXPORTS

13. four SOCIO-DEMOGRAPHIC CHANGES IN TURKEY

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