Report Code: A10100 | Pages: NA | ||
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The four-wheel-drive (4WD) tractor comes with a four-wheel-drive axle that distributes power to all four wheels. This system enables the tractor to operate across all types of terrain and soil conditions. Also, in 4WD tractors, all four wheels are driven which provides speed, less slippage, and better performance. Even weight distribution on both the front and rear axle prevents the front end of the tractor from lifting or raising during heavy workload on the rear. Moreover, these tractors are utilized in a wide range of applications such as harvesting, straw reaping, puddling, and agriculture material handling, in the agriculture sector as they are also extensively employed in construction and mining industries. Moreover, countries with a significantly large percentage of their land comprise uneven lands and mountains are witnessing an increase in agricultural activities.Â
Market scope and structure analysis:
Report Metric | Details |
 Market size available for years |  2020–2027 |
 Base year considered |  2019 |
 Forecast period |  2021–2027 |
 Forecast units |  Value (USD) |
 Segments covered |  Application, Horse Power, Operation, and Propulsion |
 Geographies covered | North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Russia, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa) |
 Companies covered | JCB, Case IH, AGCO, Kubota, Kioti, Mahindra, John Deere, New Holland, Claas, and CHALLENGER |
COVID-19 scenario analysis:
Some of the factors including rise in demand for agricultural products and a surge in applications in mining and construction industries globally drive the demand for 4wd tractors during the forecast period. However, increase in number of accidents during the transportation of heavy loads in farms or industries have challenged the driver safety norms, which is anticipated to hamper the growth of the market. Furthermore, the bright growing future of mountain agriculture is expected to offer lucrative opportunities for the market during the forecast period.
The 4wd tractor market trends are as follows:
The rate of adoption of agricultural equipment is considerably high in developing and developed countries where agriculture is a major contributor to their respective economies, which in turn boosts the rate of harvesting. Moreover, increase in the population fuels the demand for agricultural products consistently, which further boosts the demand for powerful tractors with 4WD. Presently, farmers require large and more powerful tractors for heavy applications in farming to boost agricultural yield. This, in turn, is estimated to propel the demand for 4WD tractors during the forecast period.Â
Apart from farming applications, presently, tractors are being extensively used to transport heavy loads in the mining and construction industries. Owing to the increased infrastructure, construction, and mining activities, the Mining and Construction Equipment (MCE) industry across the globe is growing at a fast pace. This is because the mining and construction industry requires a wide range of machines to perform a variety of tasks such as preparation of the ground, excavation, haulage of material, dumping/laying in a specified manner, and others. Therefore, the increase in requirement for superior performance tractors and machinery is anticipated to drive the demand for 4WD tractors during the forecast period.Â
Key segments covered: Â Â Â Â Â Â Â Â Â Â Â Â Â Â
Segments | Sub-segments |
 Application |
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 Horse Power |
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 Operation |
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 Propulsion |
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Key benefits of the report:
Questions answered in the 4wd tractor market research report:
4WD Tractor Market Report Highlights
Aspects | Details |
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By Application |
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By Horse Power |
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By Propulsion |
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By Region |
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Key Market Players | New Holland, Kioti, CHALLENGER, John Deere, Case IH, Mahindra, Kubota, AGCO, JCB, Claas |
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