Market Size of Garden and Orchard Tractors Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Garden & Orchard Type Tractors Machinery Market Analysis
The garden and orchard type tractor machinery market is projected to register a CAGR of 4.5% during the forecast period (2020-2025). The growth of the adoption of garden and orchard type tractors in developing regions is one of the major factors driving the growth of the market. Also, government subsidies for farm mechanization is another major factor helping the growth of the market studied. Tractors are used in farms to assist farmers in performing chores, like load pulling and construction. Agricultural usage dominates the usage segment of tractors.