Nigeria Agricultural Tractors Market (2020-2026) | Share, Value, Growth, Trends, Analysis, Size, Industry, Revenue, Segmentation, Outlook & COVID-19 IMPACT
Market Forecast By Drive 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 Applications (Row Crop Tractors, Orchard Tractors, Other Applications) And Competitive Landscape
| Product Code: ETC025569 | Publication Date: Oct 2020 | Updated Date: May 2023 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Nigeria Agricultural Tractors Market | Country-Wise Share and Competition Analysis
![Nigeria Agricultural Tractors Market Country-Wise Share and Competition Analysis]()
Nigeria Agricultural Tractors Market - Export Market Opportunities![Nigeria Agricultural Tractors Market - Export Market Opportunities]()
Latest 2023 Developments of Nigeria Agricultural Tractors Market
The Nigeria Agricultural Tractors Market is gaining success and there are many developments that are enabling the market to grow more. Technological advancements, initiatives taken by the country’s government, and precision agriculture practices are some developments that are effectively shaping the growth of the market. Advancement in technology enables manufacturers to come up with tractors that are smarter and more efficient, which, in turn, fuels the Nigeria Agricultural Tractors Market Growth. The government is constantly supporting the market and initiatives taken by the government clearly show the concern of the government for the sector growth. The government is providing subsidies as well as financial support to the farmers so they can use smart tractors, which further boosts the market progression.
Topics Covered in the Nigeria Agricultural Tractors Market Report
The Nigeria Agricultural Tractors Market report thoroughly covers the market by drive type, system type, design type, power output, and applications. The 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.
Nigeria Agricultural Tractors Market Synopsis
The Nigeria Agricultural Tractors Market is progressing faster and is projected to attain significant growth over the forecast period. The rising food production in the nation and support from the country’s government for the market are stimulating sector growth.
According to 6Wresearch, the Nigeria Agricultural Tractors Market size is expected to rise during 2020-2026. The sector with no wonder is witnessing substantial growth owing to several drivers which are propelling the market forward. The growing demand for food production in the country is one of the key drivers helping in expanding the Nigeria Agricultural Tractors Market Share. The growing urbanization and growing population of the country are also driving the industry as there is a requirement to upsurge agricultural productivity by using smart technologies such as tractors and this led to a rise in demand for tractors in the country. Government support and policies towards agricultural development are other essential driver for market progression. The recent initiatives of the government in Nigeria aimed at promoting agricultural businesses that contribute immensely towards stimulating the demand as well as sales for agricultural tractors.
COVID-19 Impact on the Nigeria Agricultural Tractors Market
The pandemic significantly impacted the Agricultural Tractors Market in Nigeria. With lockdown measures as well as travel restrictions, the disruptions of the supply chain for tractor manufacturing and distribution led to delays in delivery, which caused production lags. Additionally, Numerous farmers decreased their spending on new equipment like tractors which impacted the demand. The purchasing power of farmers was diminished owing to income loss due to the lockdown. Social distancing protocols halted productivity in the sector. The pandemic affected the sector the way it affected others significantly the way it affected other sectors.
Nigeria Agricultural Tractors Industry: Key Players
Some well-known players exist in the Nigeria Agricultural Tractors Industry are:
- Deere & Company
- AGCO Corporation
- CNH Industrial N.
- JCB Limited
- Claas KGaA mbH
- Kubota Corporation
- Mahindra & Mahindra Ltd.
Market by Drive Type
Based on the drive type, the Agricultural Tractors Market in Nigeria is bifurcated into Two-Wheel Drive and Four-Wheel Drive. The two-wheel drive is driving the market and the same segment accounted for the maximum market share.
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:
- Nigeria Agricultural Tractors Market Outlook
- Market Size of Nigeria Agricultural Tractors Market, 2019
- Forecast of Nigeria Agricultural Tractors Market, 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Revenues & Volume for the Period 2016 - 2026
- Nigeria Agricultural Tractors Market Trend Evolution
- Nigeria Agricultural Tractors Market Drivers and Challenges
- Nigeria Agricultural Tractors Price Trends
- Nigeria Agricultural Tractors Porter's Five Forces
- Nigeria Agricultural Tractors Industry Life Cycle
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Drive Type for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Two-wheel drive for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Four-wheel drive for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By System Type for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Without loaders for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Front loaders for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Backhoe loaders for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Design Type for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Tractor without CAB for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Tractor with CAB for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Power Output for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By <30 hp for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By 31-100 hp for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By 101-200 hp for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By 201-300 hp for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By >300 hp for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Applications for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Row Crop Tractors for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Orchard Tractors for the Period 2016 - 2026
- Historical Data and Forecast of Nigeria Agricultural Tractors Market Revenues & Volume By Other Applications for the Period 2016 - 2026
- Nigeria 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
- Nigeria Agricultural Tractors Top Companies Market Share
- Nigeria Agricultural Tractors Competitive Benchmarking By Technical and Operational Parameters
- Nigeria Agricultural Tractors Company Profiles
- Nigeria Agricultural Tractors Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Drive 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 Applications
- Row Crop Tractors
- Orchard Tractors
- Other Applications
Nigeria Agricultural Tractors Market: FAQs
The Nigeria Agricultural Tractors Market is progressing faster and is projected to attain significant growth over the forecast period.
Government support and policies towards agricultural development are other essential driver for market progression. The recent initiatives of the government in Nigeria aimed at promoting agricultural businesses that contribute immensely towards stimulating the demand as well as sales for agricultural tractors.
Some well-known players that exist in the Nigeria Agricultural Tractors Industry are Deere & Company, AGCO Corporation, CNH Industrial N., JCB Limited, Claas KGaA mbH, Kubota Corporation, and Mahindra & Mahindra Ltd.
The two-wheel drive is driving the market and the same segment accounted for the maximum market share.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Nigeria Agricultural Tractors Market Overview |
| 3.1 Nigeria Agricultural Tractors Market Revenues & Volume, 2016 - 2026F |
| 3.2 Nigeria Agricultural Tractors Market - Industry Life Cycle |
| 3.3 Nigeria Agricultural Tractors Market - Porter's Five Forces |
| 3.4 Nigeria Agricultural Tractors Market Revenues & Volume Share, By Drive Type, 2019 & 2026F |
| 3.5 Nigeria Agricultural Tractors Market Revenues & Volume Share, By System Type, 2019 & 2026F |
| 3.6 Nigeria Agricultural Tractors Market Revenues & Volume Share, By Design Type, 2019 & 2026F |
| 3.7 Nigeria Agricultural Tractors Market Revenues & Volume Share, By Power Output, 2019 & 2026F |
| 3.8 Nigeria Agricultural Tractors Market Revenues & Volume Share, By Applications, 2019 & 2026F |
| 4 Nigeria Agricultural Tractors Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Nigeria Agricultural Tractors Market Trends |
| 6 Nigeria Agricultural Tractors Market Segmentation |
| 6.1 Nigeria Agricultural Tractors Market, By Drive Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 Nigeria Agricultural Tractors Market Revenues & Volume, By Drive Type, 2016 - 2026F |
| 6.1.3 Nigeria Agricultural Tractors Market Revenues & Volume, By Two-wheel drive, 2016 - 2026F |
| 6.1.4 Nigeria Agricultural Tractors Market Revenues & Volume, By Four-wheel drive, 2016 - 2026F |
| 6.2 Nigeria Agricultural Tractors Market, By System Type |
| 6.2.1 Overview and Analysis |
| 6.2.2 Nigeria Agricultural Tractors Market Revenues & Volume, By Without loaders, 2016 - 2026F |
| 6.2.3 Nigeria Agricultural Tractors Market Revenues & Volume, By Front loaders, 2016 - 2026F |
| 6.2.4 Nigeria Agricultural Tractors Market Revenues & Volume, By Backhoe loaders, 2016 - 2026F |
| 6.3 Nigeria Agricultural Tractors Market, By Design Type |
| 6.3.1 Overview and Analysis |
| 6.3.2 Nigeria Agricultural Tractors Market Revenues & Volume, By Tractor without CAB, 2016 - 2026F |
| 6.3.3 Nigeria Agricultural Tractors Market Revenues & Volume, By Tractor with CAB, 2016 - 2026F |
| 6.4 Nigeria Agricultural Tractors Market, By Power Output |
| 6.4.1 Overview and Analysis |
| 6.4.2 Nigeria Agricultural Tractors Market Revenues & Volume, By <30 hp, 2016 - 2026F |
| 6.4.3 Nigeria Agricultural Tractors Market Revenues & Volume, By 31-100 hp, 2016 - 2026F |
| 6.4.4 Nigeria Agricultural Tractors Market Revenues & Volume, By 101-200 hp, 2016 - 2026F |
| 6.4.5 Nigeria Agricultural Tractors Market Revenues & Volume, By 201-300 hp, 2016 - 2026F |
| 6.4.6 Nigeria Agricultural Tractors Market Revenues & Volume, By >300 hp, 2016 - 2026F |
| 6.5 Nigeria Agricultural Tractors Market, By Applications |
| 6.5.1 Overview and Analysis |
| 6.5.2 Nigeria Agricultural Tractors Market Revenues & Volume, By Row Crop Tractors, 2016 - 2026F |
| 6.5.3 Nigeria Agricultural Tractors Market Revenues & Volume, By Orchard Tractors, 2016 - 2026F |
| 6.5.4 Nigeria Agricultural Tractors Market Revenues & Volume, By Other Applications, 2016 - 2026F |
| 7 Nigeria Agricultural Tractors Market Import-Export Trade Statistics |
| 7.1 Nigeria Agricultural Tractors Market Export to Major Countries |
| 7.2 Nigeria Agricultural Tractors Market Imports from Major Countries |
| 8 Nigeria Agricultural Tractors Market Key Performance Indicators |
| 9 Nigeria Agricultural Tractors Market - Opportunity Assessment |
| 9.1 Nigeria Agricultural Tractors Market Opportunity Assessment, By Drive Type, 2019 & 2026F |
| 9.2 Nigeria Agricultural Tractors Market Opportunity Assessment, By System Type, 2019 & 2026F |
| 9.3 Nigeria Agricultural Tractors Market Opportunity Assessment, By Design Type, 2019 & 2026F |
| 9.4 Nigeria Agricultural Tractors Market Opportunity Assessment, By Power Output, 2019 & 2026F |
| 9.5 Nigeria Agricultural Tractors Market Opportunity Assessment, By Applications, 2019 & 2026F |
| 10 Nigeria Agricultural Tractors Market - Competitive Landscape |
| 10.1 Nigeria Agricultural Tractors Market Revenue Share, By Companies, 2019 |
| 10.2 Nigeria Agricultural Tractors Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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