India Low HP (Mini) Tractor Market Engine Power (5HP, 10HP, 15HP, 20HP, 25HP, Above 25HP), By Drive Type (2-Wheel Drive and 4-Wheel Drive), By Application (Agriculture, Construction, Orchard Tractors, Garden Tractors, and Implement Carriers), By Regions (East, North, South, and West) Industry Size, Share, Growth and Opportunity Forecast to 2027

Report Code : AE0520MT | Publication Date : May-2020 | Report Format :

On an average 72% of Farmers in India own less than 5 acres of agricultural field, this is a big reason for the consumer base for mini tractor segments. Nowadays small-scale and marginal farmers are very much interested in small-sized and customized farming equipment and other machinery. Additionally, big tractor manufacturers, for instance, TAFE, Mahindra & Mahindra, Escorts, John Deere, Kubota Tractors are focusing efficiently on this segment and also coming with advanced technologies to fulfill farmers demand.

According to Pheonix Research, India Mini (Small) Tractor Market growing at a CAGR of 8.4% during the forecast period during 2020-2027. The shortfall in labor availability and increasing labor cost, high price, and maintenance of big tractors, also decrease in land hold per capita drives the market growth of Mini Tractor in India. Major players are providing mini tractors on rent basis to needy farmers who are not interested in buying big tractors and they also don't have much work to engage tractor for long term. Trringo by Mahindra & Mahindra launched an all type of tractor rental services in the Indian market. The increase in the utilization of farming machines increases crop production will also help to transform the Small Tractor Market in coming future.

Indian Government schemes such as "Rashtriya Krishi Vikas Yojna" and Kisan Credit Card (KCC) and direct subsides also boost the low HP tractors in India. The mini tractor is capable of pesticide & crop booster spraying, weed removal with small cultivators, also very much helpful in terrain farming.

The major players in the India Mini Tractor market are Mahindra and Mahindra, Deere and Company, TAFE, CNH Industrial, International Tractors Limited, The Escorts Group, Kubota, Force, Eicher, Captain, Farmtrac, Preet, Swaraj, Sonalika, etc.

The study examines the current industry situation of the India Low HP (Mini/Small) Tractor Market and market statics during 2020-2027. The report is segmented on the basis of the engine power (HP), drive type, major application, and regions. The report covers a comprehensive overview of multiple market growth drivers, challenges, trends, competitor strategy, and competitive intelligence.

Key Highlights of the report:

  1. The study provides a detailed analysis of the competitive intelligence, vendor landscape, and dominant players' market scenario to achieve an emulative advantage.
  2. The report a significant overview of detailed market segments and sub-segments along with the regional key analysis tractor market.
  3. The exhaustive analysis of the Mini Tractor Market in India provides the market share, size, opportunity, and growth factors for the forecast period 2020-2027.
  4. The study provides insights into prevailing business trends, progression forecasts, and major growth drivers belong to the India small size tractor market.
  5. The comprehensive study provides a vibrant analysis of market growth drivers, restraints, share, trends, and profitable investment opportunities.

Market Segmentation
Engine Power
  • 15HP
  • 20HP
  • 25HP
  • Above 25HP

By Drive Type
  • 2-Wheel Drive
  • 4-Wheel Drive

By Application
  • Agriculture
  • Construction
  • Orchard Tractors
  • Garden Tractors
  • Implement Carriers

By Regions
  • East
  • North
  • South
  • West
  • Central India

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