CHICAGO, May 16, 2023 /PRNewswire/ — According to Arizton’s latest report, the Middle East & Africa tractor market will grow at a CAGR of 4.77% during 2022-2028.
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Middle East and Africa Tractor Market
Money and time can be saved, and farm yields can be increased by adopting technologically advanced tractors and implements. The Middle East & African countries’ government plans to increase the rate of farm mechanization among farmers, which will boost the demand and sales of new tractors. The mechanization of farms is deemed necessary in the Middle East & Africa to increase crop production.
Governments must adopt effective and sustainable farming practices to ensure food security and safety. Developed countries implement the concept of precision agriculture to increase productivity. At the same time, the level of agricultural mechanization is still low in developing countries. Precision farming is a management concept under which crops are grown according to soil specifications. The focus on agricultural mechanization will increase the demand for tractors and the sense of accuracy in farming using technologically advanced tractors in the Middle East & Africa.
Middle East and Africa Tractor Market Report Scope
|
Report Attributes |
Details |
|
Market Size (2028) |
109,974 Units |
|
Market Size (2022) |
83,146 Units |
|
CAGR (2022-2028) |
4.77 % |
|
Historic Year |
2020-2021 |
|
Base Year |
2022 |
|
Forecast Year |
2023-2028 |
|
MARKET Segmentation |
Horsepower, Drive Type, and Geography |
|
Largest Segment by Horsepower |
Less Than 50 HP |
|
Largest Segment by Drive Type |
2-Wheel Drive |
|
Largest Segment by Geography |
Turkey |
|
Market Dynamics |
Assistance to Farmers through Loans and Subsidies |
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Impact of Technological Advances in Tractor Technology
A new frontier of innovation emerged as agriculture met digital technology, opening various paths to a smart agricultural future. Agricultural equipment manufacturers are competitive, and companies constantly strive to innovate and ensure product differentiation at affordable prices. State-of-the-art technology-based equipment is currently available on the market. GPS and remote sensing make farming more accurate and productive.
Swath Control and Variable Rate Technology
Swath control and VRT are technologies that are built on GPS. At this point, the value of guiding starts to emerge. Control of swaths is what it sounds like. The width of the swath a particular piece of machinery cuts through the field is under the farmer’s control.
In 2021, John Deere installed GPS technology in its tractors. The GPS technology in tractors and other equipment helps farmers with field mapping, soil sampling, and crop scouting. It also allows them to work in low visibility field conditions, such as rain, dust, and fog and maximizes efficiency. GPS technology can also be installed in old tractors. For instance, Lantek S.A. offers the GPS guiding system named ES840 for agricultural equipment, making farming operations more profitable and efficient.
High Demand for Autonomous Equipment
There is a rapid increase in innovation and extensive use of robotics and AI in Middle East & African countries. The current farming method will likely be completely revolutionized using autonomous agricultural equipment and robots, performing time-consuming tasks more efficiently and effectively within the next ten years.
Autonomous agricultural equipment is driverless and operates with minimum or no human intervention. Autonomous agricultural equipment technology is still in the developing stage. Agricultural equipment with such technology can be used to plant crops, collect real-time data, and collect pictures to monitor harvests through remote controls. Driverless or autonomous agricultural equipment is programmed to avoid obstacles, such as objects, animals, and people in the field, determine the vehicles’ speed, and navigate vehicles while performing other agricultural tasks. This equipment enables autonomous tillage in row-acre and broad-acre farming, seeding, and planting.
Self-driving or autonomous agricultural equipment can help farmers reduce their working hours. There is also a huge potential for data monitoring.
GPS receivers in autonomous agricultural equipment accurately determine positions up to two centimeters. This kind of accuracy is difficult to achieve with manual driving. Moreover, poor driving skills lead to the wastage of time—manually operated equipment, therefore, slower than self-driven equipment. The prospects of driverless technology are expected to revolutionize the agricultural sector in the Middle East & African countries and have the potential to become one of the most innovative technologies soon. Driverless equipment is programmed via tablets and is helpful during the harvesting period. They enable autonomous seeding, planting, and tillage with obstacle detection.
According to CNH officials, autonomous equipment will not replace human farmers but will assist them in farming and increase productivity and operating efficiency. Furthermore, most of the tasks that farmers and farm laborers currently perform are not linked to tasks that autonomous equipment is developed to perform.
The price of autonomous equipment is estimated to be 40%−50% higher than a conventional one. Thus, affordability will be a major challenge for farmers. However, autonomous agriculture equipment will provide better returns to farmers.
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Recent Developments
In March 2023, John Deere announced MY24 updates for its 7, 8, and 9 Series Tractors lineup that will help prepare them for the future of precision agriculture.
John Deere launched the new electric variable transmission (EVT) in March 2022 for select 8 Series Tractors and a new JD14X engine for 9 Series.
Massey Ferguson launched the MF 6S series tractors in February 2022. This machine provides up to 180 HP with advanced technology.
In February 2022, New Holland North America, CNH industrial brand, announced the launch of the world’s first production T6 Methane Power tractor in the US.
CNH Industrial partnered with Monarch Tractors in March 2021, a US-based agri-technology company, to improve long-term sustainability and raise awareness of the importance of zero-emission agriculture among farmers.
Why Should You Buy This Report?
This report is among the few in the market that offer outlook and opportunity analyses forecast in terms of:
Market Size & Forecast Volume (Units) 2020–2028
Segmentation by Horsepower
Segmentation by Wheel Drive
Segmentation by Geography
Production and trade values
Major current and upcoming projects and investments
Competitive intelligence about the economic scenario, advantages in the Middle East & Africa, market dynamics, and market shares
Latest and innovative technologies
COVID-19 impact analysis of the market
Company profiles of major and other prominent vendors
Middle East and Africa tractor market shares of major vendors
Key Company Profiles
John Deere
CNH Industrial
AGCO
Kubota
Mahindra
Deutz-Fahr
Claas
TAFE
V.S.T. Tillers Tractors Limited
ISEKI & Co., Ltd.
KIOTI
Escorts
Yanmar
Market Segmentation
Horsepower
Less Than 50 HP
50 HP-100 HP
Above 100 HP
Wheel Drive
2-Wheel-Drive
4-Wheel-Drive
Geography
Turkey
Saudi Arabia
South Africa
Israel
Others
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Table of Content
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
5 REPORT ASSUMPTIONS and CAVEATS 5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
7 MARKET AT A GLANCE
8 INTRODUCTION8.1 OVERVIEW
8.1 VALUE CHAIN ANALYSIS
8.1.1 OVERVIEW
8.1.2 RAW MATERIAL & COMPONENT SUPPLIERS
8.1.3 MANUFACTURERS
8.1.4 DEALERS/DISTRIBUTORS
8.1.5 RETAILERS
8.1.6 END-USERS
8.2 TECHNOLOGICAL ADVANCES
9 MARKET OPPORTUNITIES & TRENDS9.1 TECHNOLOGICAL ADVANCES IN TRACTOR TECHNOLOGY
9.1.1 SWATH CONTROL AND VARIABLE RATE TECHNOLOGY
9.1.2 HIGH DEMAND FOR AUTONOMOUS EQUIPMENT
9.2 SHORTAGE OF AGRICULTURAL LABORERS
9.3 USE OF ENERGY-EFFICIENT AGRI TRACTORS
10 MARKET GROWTH ENABLERS10.1 ASSISTANCE TO FARMERS THROUGH LOANS & SUBSIDIES
10.2 INCREASED AGRICULTURAL PRODUCTIVITY & EXPORTS
10.3 INCREASED FARM MECHANIZATION
11 MARKET RESTRAINTS11.1 LACK OF AWARENESS OF LATEST INNOVATIONS IN AGRICULTURAL TRACTOR
11.1.1 LOW LEVELS OF EDUCATION AMONG FARMERS IN EMERGING COUNTRIES
11.1.2 RESOURCE SCARCITY OF SMALL AND MEDIUM FARMERS
11.2 HIGH DEMAND FOR USED & RENTAL TRACTORS
11.3 CLIMATE CHANGE ADVERSELY AFFECTING AGRICULTURAL ACTIVITIES
12 MARKET LANDSCAPE12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 HORSEPOWER13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 LESS THAN 50 HP
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 50 HP-100 HP
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 ABOVE 100 HP
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 MARKET BY GEOGRAPHY
14 WHEEL-DRIVE14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 2-WHEEL-DRIVE
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 4-WHEEL-DRIVE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
15 GEOGRAPHY15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 GEOGRAPHIC OVERVIEW
15.3 TURKEY
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 HORSEPOWER
15.3.4 WHEEL-DRIVE
15.4 SAUDI ARABIA
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 HORSEPOWER
15.4.4 WHEEL-DRIVE
15.5 SOUTH AFRICA
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.5.3 HORSEPOWER
15.5.4 WHEEL-DRIVE
15.6 ISRAEL
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
15.6.3 HORSEPOWER
15.6.4 WHEEL-DRIVE
15.7 OTHERS
15.7.1 MARKET OVERVIEW
15.7.2 MARKET SIZE & FORECAST
15.7.3 HORSEPOWER
15.7.4 WHEEL-DRIVE
16 COMPETITIVE LANDSCAPE16.1 COMPETITION OVERVIEW
16.1.1 RECENT DEVELOPMENTS BY TOP BRANDS
16.1.2 BRAND LOYALTY
16.1.3 SALES & EXPORTS
17 KEY COMPANY PROFILES17.1 JOHN DEERE
17.1.1 BUSINESS OVERVIEW
17.1.2 PRODUCT OFFERINGS
17.1.3 KEY STRATEGIES
17.1.4 KEY STRENGTHS
17.1.5 KEY OPPORTUNITIES
17.2 CNH INDUSTRIAL
17.3 AGCO
17.4 KUBOTA
18 OTHER PROMINENT VENDORS
18.1 MAHINDRA
18.1.1 BUSINESS OVERVIEW
18.1.2 PRODUCT OFFERINGS
18.2 DEUTZ-FAHR
18.3 CLAAS
18.4 TAFE
18.5 V.S.T TILLERS TRACTORS LIMITED
18.6 ISEKI & CO., LTD.
18.7 KIOTI
18.8 ESCORTS
18.9 YANMAR
19 REPORT SUMMARY19.1 KEY TAKEAWAYS
19.2 STRATEGIC RECOMMENDATIONS
20 QUANTITATIVE SUMMARY
20.1 MARKET BY GEOGRAPHY
20.2 MARKET BY HORSEPOWER
20.3 MARKET BY WHEEL-DRIVE TYPE
21 APPENDIX21.1 ABBREVIATIONS
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