Agricoltura
More than 32,275 Units of Tractors to be Sold in Canada by 2029 - Exclusive Research Report by Arizton
Tractors completely revolutionized the agriculture industry in the last decade. They were mainly used to pull arming equipment and help in farming. However, tractors are more than just robust machines now. They are self-driven, application-controlled, fuel-efficient, and user-friendly machines. The tractor industry is highly competitive, and companies constantly try to differentiate their products from competitors' products at affordable prices. Currently, tractors are equipped with cutting-edge technologies that gather and use for analytics and actual applications. GPS and remote sensing make farming accurate and productive. A new frontier of innovation emerged as agriculture met digital technology, opening various paths to a smart agricultural future. Tractor manufacturers are competitive, and companies constantly strive to innovate and ensure product differentiation at affordable prices. State-of-the-art technology-based tractors are currently available on the Canada market.
The less than 25 HP segment of tractors accounts for the largest market share in the Canada agriculture tractor market. The market sales will reach shipments of 10,005 units by 2029.
Tractors with low engine power take up less space and are more versatile because their engines have a capacity of less than 1,500 cc. Manufacturers are more likely to experiment with or modify such tractors before moving on to high-powered ones due to the ease of customization. These tractors are small, weigh less than 4,000 lb, and have a PTO HP of less than 25. Low-HP tractors like river basins are ideal in soft soil conditions. Tractors with less than 25 HP are primarily used for agricultural purposes.
The less than 25 HP tractors are best suited for inter-culture operations and in and around crops with softer stems and low-rise plants. Compact tractors can be used for pesticide spraying.
This report is among the few in the market that offer outlook and opportunity analyses forecast in terms of:
What are the expected units sold in the Canada tractors market by 2029?
What is the growth rate of the Canada tractors market?
How big is the tractor market in Canada ?
Which region holds the largest Canada tractor market share?
Who are the key companies in the Canada tractors market?
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