Product Code: ETC031664 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Agricultural Trailers Market is estimated to grow at a CAGR of 7.3% during the forecast period 2020-2026. The agricultural trailers are used for transporting heavy loads and materials from one place to another over long distances. These vehicles are also used for carrying a wide variety of goods such as fertilizers, pesticides, food grains, etc., on large farms or fields, thus increasing its demand in India?s agriculture sector. Factors such as the government subsidies on agricultural equipment and rising investments by private players in the farm mechanization market along with an increase in preference towards small & light weight trailer models have acted as major drivers for this market growth throughout 2020-2026. Additionally, growing awareness among farmers about modern farming methods and technologies coupled with increasing production requirements has pushed them towards investing more money into efficient farming machinery which has further favored the industry growth.
? Government Subsidies ? Government initiatives aimed at promoting agricultural activities including subsidies on tractors and other related products have helped propel the sales of these trailers across India thereby acting as a major driver for this market growth throughout 2020-2026 .
? Innovations & Improved Designs ? Manufacturers have been investing heavily in developing innovative designs that make transportation easier while also providing superior product quality both from operational efficiency & cost point of view which is expected to drive higher adoption rate amongst Indian farmers over next few years thereby fueling up overall industry expansion rate during this period (2020-2026).
Low Penetration Levels ? Poor infrastructure facilities combined with lack of technology penetration still remain key challenges restraining widespread adoption rates across rural parts where majority of Indian population resides making it difficult for manufacturers trying to capture larger portion share within domestic arena even after offering subsidized prices due to their high dependency upon consumption by these regions only resulting into slow paced industry performance despite ongoing favorable trends since last couple of years (2018-2020).
? Growing Focus on Light Weight Models ? Vendors operating within regional space are increasingly focusing onto designing lightweight yet sturdy models that can be pulled behind tractors or other smaller powered vehicles like cars/jeeps enabling them reach maximum customers base endowing rich returns against minimal investment amounts incurred each time leading towards increased profitability ratios especially during current crisis scenarios caused due COVID 19 pandemic conditions witnessed so far post mid March year 2020 till date when lockdowns were imposed almost everywhere around
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 India Agricultural Trailers Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Agricultural Trailers Market Revenues & Volume, 2020 & 2030F |
3.3 India Agricultural Trailers Market - Industry Life Cycle |
3.4 India Agricultural Trailers Market - Porter's Five Forces |
3.5 India Agricultural Trailers Market Revenues & Volume Share, By Agricultural Tractor Type, 2020 & 2030F |
3.6 India Agricultural Trailers Market Revenues & Volume Share, By Product Type, 2020 & 2030F |
3.7 India Agricultural Trailers Market Revenues & Volume Share, By Capacity (Ton), 2020 & 2030F |
3.8 India Agricultural Trailers Market Revenues & Volume Share, By Tractor Power (HP), 2020 & 2030F |
3.9 India Agricultural Trailers Market Revenues & Volume Share, By Axle, 2020 & 2030F |
4 India Agricultural Trailers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Agricultural Trailers Market Trends |
6 India Agricultural Trailers Market, By Types |
6.1 India Agricultural Trailers Market, By Agricultural Tractor Type |
6.1.1 Overview and Analysis |
6.1.2 India Agricultural Trailers Market Revenues & Volume, By Agricultural Tractor Type, 2020-2030F |
6.1.3 India Agricultural Trailers Market Revenues & Volume, By Utility Tractor Trailer, 2020-2030F |
6.1.4 India Agricultural Trailers Market Revenues & Volume, By Orchard Type Tractor Trailer, 2020-2030F |
6.1.5 India Agricultural Trailers Market Revenues & Volume, By Garden Tractor Trailer, 2020-2030F |
6.2 India Agricultural Trailers Market, By Product Type |
6.2.1 Overview and Analysis |
6.2.2 India Agricultural Trailers Market Revenues & Volume, By Tipping Trailer, 2020-2030F |
6.2.3 India Agricultural Trailers Market Revenues & Volume, By Non Tipping Trailer, 2020-2030F |
6.2.4 India Agricultural Trailers Market Revenues & Volume, By Three way Tipping Trailer, 2020-2030F |
6.3 India Agricultural Trailers Market, By Capacity (Ton) |
6.3.1 Overview and Analysis |
6.3.2 India Agricultural Trailers Market Revenues & Volume, By Less than 2, 2020-2030F |
6.3.3 India Agricultural Trailers Market Revenues & Volume, By 2 to 8, 2020-2030F |
6.3.4 India Agricultural Trailers Market Revenues & Volume, By Above 8, 2020-2030F |
6.4 India Agricultural Trailers Market, By Tractor Power (HP) |
6.4.1 Overview and Analysis |
6.4.2 India Agricultural Trailers Market Revenues & Volume, By Less than 30, 2020-2030F |
6.4.3 India Agricultural Trailers Market Revenues & Volume, By 30 to 50, 2020-2030F |
6.4.4 India Agricultural Trailers Market Revenues & Volume, By 50 to 70, 2020-2030F |
6.4.5 India Agricultural Trailers Market Revenues & Volume, By 70 to 90, 2020-2030F |
6.5 India Agricultural Trailers Market, By Axle |
6.5.1 Overview and Analysis |
6.5.2 India Agricultural Trailers Market Revenues & Volume, By Single Axle, 2020-2030F |
6.5.3 India Agricultural Trailers Market Revenues & Volume, By Double Axle, 2020-2030F |
6.5.4 India Agricultural Trailers Market Revenues & Volume, By Multi Axle, 2020-2030F |
7 India Agricultural Trailers Market Import-Export Trade Statistics |
7.1 India Agricultural Trailers Market Export to Major Countries |
7.2 India Agricultural Trailers Market Imports from Major Countries |
8 India Agricultural Trailers Market Key Performance Indicators |
9 India Agricultural Trailers Market - Opportunity Assessment |
9.1 India Agricultural Trailers Market Opportunity Assessment, By Agricultural Tractor Type, 2020 & 2030F |
9.2 India Agricultural Trailers Market Opportunity Assessment, By Product Type, 2020 & 2030F |
9.3 India Agricultural Trailers Market Opportunity Assessment, By Capacity (Ton), 2020 & 2030F |
9.4 India Agricultural Trailers Market Opportunity Assessment, By Tractor Power (HP), 2020 & 2030F |
9.5 India Agricultural Trailers Market Opportunity Assessment, By Axle, 2020 & 2030F |
10 India Agricultural Trailers Market - Competitive Landscape |
10.1 India Agricultural Trailers Market Revenue Share, By Companies, 2023 |
10.2 India Agricultural Trailers Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |