Indonesia Agricultural Tractors Market (2020-2026) | Trends, Share, Revenue, Analysis, Segmentation, Value, Size, Industry, Growth, Outlook & COVID-19 IMPACT

Indonesia Agricultural Tractors Market | Country-Wise Share and Competition Analysis

In the year 2021, China was the largest exporter in terms of value, followed by Thailand. It has registered a growth of 105.84% over the previous year. While Thailand registered a growth of 114.83% over the previous year. While in 2017 Thailand was the largest exporter followed by China. In terms of the Herfindahl Index, which measures the competitiveness of countries exporting, Indonesia has a Herfindahl index of 1558 in 2017 which signifies moderately concentrated while in 2021 it registered a Herfindahl index of  2060 which signifies moderately concentrated in the market

Indonesia Agricultural Tractors Market - Export Market Opportunities

Latest 2023 Developments of Indonesia Agricultural Tractors Market

The Indonesia Agricultural Tractors market is witnessing a major shift in 2023. There are several developments taking place in the industry. Technological developments and government policies are leading to the growth of the industry. The government is focusing on productivity and improvement. Due to these developments, the demand for precision agricultural equipment is high. Due to advancements in precision farming technology, farmers are able to optimize their production levels. GPS and drone equipment are used for enhancing the efficiency and productivity level of the crop. The government is taking initiatives to promote the parts and machines of equipment to local manufacturers and this is enabling farmers to acquire affordable machinery. It also helps in job creation for the locals. The popularity of renewable energy-powered tractors is gaining immense popularity. There are various efforts made by farmers to create tractors that are environmentally friendly. The reduction in carbon emission and cost-effectiveness is the major reason for the popularity of solar tractors. The market has scope for growth.

Topics Covered in Indonesia Agricultural Tractor Market Report

The Indonesia Agricultural Tractor Market report thoroughly covers the market by driver type, by system type, by design type, by power output and by applications. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Indonesia Agricultural Tractor Market Synopsis

Indonesia Agricultural Tractor Market is expected to rise more in the near future owing to the initiatives taken by the country’s government for improving the productivity of the market. The sector is witnessing enormous growth owing to the population as well as the developing economy.

According to 6Wresearch, Indonesia Agricultural Tractor Market size is projected to grow during 2020-2026. The market is witnessing significant growth due to various policies by the government. The Indonesian government is investing in infrastructural development, which is leading to an increase in demand for agricultural tractors. The government is also providing subsidies and tax incentives to the farmers. The growth in the economy of the country has also led to a boost of the market. The economy of Indonesia was severely impacted due global financial crisis but the economy has witnessed major growth in recent times. This has led farmers to invest in agricultural equipment. The Availability of credit has also impacted the sales of tractors, leading to the expansion of the Agricultural Tractors Market in Indonesia. During the financial crisis, it was difficult for farmers to obtain loan form the bank but due to economic advancements, the credit availability by the bank has also increased. There are certain challenges faced by the market. The land for farming is very limited in Indonesia and this limits the expansion of the agriculture sector. Indonesian agriculture has a low level of mechanization as there is less use of modern equipment. The high cost of tractors is another major challenge for the market. Lack of trained workers and mechanics is leading to a decline in Indonesia Agricultural Tractors Market Growth.

COVID-19 Impact on Indonesia Agricultural Tractors Market

The pandemic outbreak brought a number of challenges for the Indonesia Agricultural Tractors Market. The manufacturing as well as distribution of tractors were disrupted due to social distancing measures and constant lockdowns. The overall Asia Pacific Agricultural Tractors Market faced challenges during the pandemic. There were delays and a shortage in delivery of the final product. The farmers faced numerous challenges in obtaining essential equipment. There was a shortage of labor due to travel restrictions and health concerns. The productivity was decreased due to the sudden outbreak of the pandemic. The production and distribution of the tractors were severely impacted, leading to a decrease in Indonesia Agricultural Tractors Market Share.

Indonesia Agricultural Tractor Market: Key players

Some of the most significant players in the market are:

• Yanmar Co., Ltd.
• Kubota Corporation
• Deere & Company
• Massey Ferguson Limited
• CNH Industrial N.V.
• AGCO Corporation

Market by drive type

On the basis of drive type, the Indonesia Agricultural Tractors Industry is segmented into Two-Wheel Drive and Four-Wheel Drive. The two Wheel- Drive type will dominate the market due to its extensive use in smallholder farming.

Market by system type

On the basis of system type the market is segmented into Without Loaders, Front Loaders, and Backhoe Loaders. The without Loaders segment will dominate the market, due to its use in basic farming.

Market by Design type

On the basis of design type, the market is segmented into Tractor without CAB and Tractor with CAB. Tractors with cabs will dominate the market due to its affordability.

Market by power output

According to Ravi Bhandari, Research Head, 6Wresearch, the 31-100 Hp will dominate the market. The tractors with this power range are versatile in nature.

Market by Applications

On the basis of application, the market is segmented into Row Crop Tractors, Orchard Tractors, and Other Applications. Row crop tractors will dominate the market due to their wide use in production for different types of crops.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2016 to 2019.
• Base Year: 2019.
• Forecast Data until 2026.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Indonesia Agricultural Tractors Market Outlook
• Market Size of Indonesia Agricultural Tractors Market, 2019
• Forecast of Indonesia Agricultural Tractors Market, 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Revenues & Volume for the Period 2016 - 2026
• Indonesia Agricultural Tractors Market Trend Evolution
• Indonesia Agricultural Tractors Market Drivers and Challenges
• Indonesia Agricultural Tractors Price Trends
• Indonesia Agricultural Tractors Porter's Five Forces
• Indonesia Agricultural Tractors Industry Life Cycle
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Drive Type for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Two-wheel drive for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Four-wheel drive for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By System Type for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Without loaders for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Front loaders for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Backhoe loaders for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Design Type for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Tractor without CAB for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Tractor with CAB for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Power Output for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By <30 hp for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By 31-100 hp for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By 101-200 hp for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By 201-300 hp for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By >300 hp for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Applications for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Row Crop Tractors for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Orchard Tractors for the Period 2016 - 2026
• Historical Data and Forecast of Indonesia Agricultural Tractors Market Revenues & Volume By Other Applications for the Period 2016 - 2026
• Indonesia Agricultural Tractors Import Export Trade Statistics
• Market Opportunity Assessment By Drive Type
• Market Opportunity Assessment By System Type
• Market Opportunity Assessment By Design Type
• Market Opportunity Assessment By Power Output
• Market Opportunity Assessment By Applications
• Indonesia Agricultural Tractors Top Companies Market Share
• Indonesia Agricultural Tractors Competitive Benchmarking By Technical and Operational Parameters
• Indonesia Agricultural Tractors Company Profiles
• Indonesia Agricultural Tractors Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Driver Type

• Two-Wheel Drive
• Four-Wheel Drive

By System Type

• Without Loaders
• Front Loaders
• Backhoe Loaders

By Design Type

• Tractor without CAB
• Tractor with CAB

By Power Output

• <30 Hp
• 31-100 Hp
• 101-200 Hp
• 201-300 Hp
• >300 Hp

By Application

• Row Crop Tractors
• Orchard Tractors
• Other Applications

Indonesia Agricultural Tractors Market: FAQs