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Crawler Tractors Market By Type (Low HP, High HP), By Application (Agriculture, Construction, Forest, Others) – Growth, Future Prospects And Competitive Analysis, 2019 – 2027

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Increasing demand for high-capacity equipment and machinery in the agriculture and construction industries is fueling the growth of the crawler tractor market.

Globally, the crawler tractor market is expected to grow with a CAGR of more than 7% during the forecast period from 2019 to 2027, starting from US$ 2.10 Bn in 2018. Globally, infrastructure development is on the rise. This has generated demand for robust and sturdy machinery that would help conduct the activities with ease. Numerous government initiatives with the aim of upgrading the existing infrastructure are generating a high demand for advanced machines in the construction sector. For heavy ripping work, moving material, or fine-grading, crawler tractors are the perfect alternative. Moreover, growing installation and maintenance activities for the upgrade of infrastructure coupled with road construction activities are driving the need for these machines across several regions.

Thus, the rise in infrastructure projects and growing urbanization are expected to have a positive impact on the crawler tractor market. In addition to this, developments in the agricultural sector are also considered one of the primary factors contributing to the growth of this market. Advancements in the mechanical engineering industry are enabling the major players to modify the existing machinery in a way to make it even more progressive. Thus, product development and launches in this field are creating a competitive atmosphere and, thus, driving market growth across various geographies. However, the high cost associated with these machines and the lack of skilled labor to use these big and bulky machines are likely to restrain the market growth during the forecast period.

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CTA Design Element 3

The high-HP segment is expected to continue dominating the market.

By type, the crawler tractor market is segmented into high- and low-horsepower tractors. The high-horsepower segment dominated the market by holding the largest market share on a global level. Horsepower is the unit that defines the capacity of the tractor, and to achieve desirable results, high horsepower is the most common type of machine. Based on the way crawler tractors work, they require a high capacity and a longer working radius, which are achieved by high-horsepower machines, so they are used at a higher level. Based on the inputs of manufacturers, the sales of high-HP crawler tractors are skyrocketing, thus contributing to the larger market size. This segment is also expected to grow at a higher CAGR and dominate the market during the forecast period.

Asia Pacific to Register the Fastest Growth

North America dominated the crawler tractor market. In 2018, the regional market accounted for the maximum market share of the total revenue generated worldwide. The increasing adoption of advanced technologies to make human work easier is the major factor attributed to this high market size. Though this region is dominating the market, the growth in this region is projected to be steady.

Most of the European countries and the Asia-Pacific region are expected to witness rapid growth in the global crawler tractor market. Growing infrastructure activities in emerging countries like India and China have led several manufacturers to expand their presence in these countries to increase their global footprint. Moreover, as most Asian countries are agriculture-driven, the rapidly growing need for advanced equipment in the agriculture industry in this region is also increasing demand for these machines, thereby supporting the crawler tractor market’s growth.

Some of the prominent players operating in the crawler tractor market include Liebherr Group, John Deere, Brandt, Caterpillar Inc., DEUTZ-FAHR, New Holland, Kubota, Case IH, CLAAS, AGCO Corporation, Shandong Rich Agriculture Machinery, and ShanTui, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The crawler tractor market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global crawler tractor market based on type, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

  • What was the market size of crawler tractors in 2018, and what is the forecast up to 2027?
  • Which is the largest regional market for the high-HP segment?
  • What are the major trends followed in the crawler tractor market across different regions?
  • Who are the key crawler tractor companies leading the market?
  • What are the key strategies adopted by the leading crawler tractor companies on the market?

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Unique data points of this report

  • Statistics on crawler tractor penetration and spending worldwide
  • Recent trends across different regions in terms of the adoption of crawler tractors for various end users
  • Notable developments going on in the crawler tractor industry
  • Attractive investment propositions for segments as well as geography
  • Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II – Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global CT
2.2 Global CT Market, By Type
2.3 Global CT Market, By Application
2.4 Global CT Market, By Geography

Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global CT Market Revenue and Growth, 2015 – 2025, (US$ Mn) (%)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition
3.6 Competitive Analysis
3.6.1 Market Positioning of Key Vendors
3.6.2 Key Strategies Adopted by the Leading Players

Chapter 4 Global Crawler Tractors (CT) Market Analysis, by Type
4.1 Overview
4.2 Low HP
4.3 High HP

Chapter 5 Global Crawler Tractors (CT) Market Analysis, By Application
5.1 Overview
5.2 Agriculture
5.3 Construction
5.4 Forest
5.5 Others

Chapter 6 North America Crawler Tractors (CT) Market Analysis
6.1 Overview
6.2 North America CT Market Analysis, By Type, 2015 – 2025
6.2.1 Comparative Analysis
6.3 North America CT Market Analysis, By Application, 2015 – 2025
6.3.1 Comparative Analysis
6.4 North America CT Market Analysis, By Region, 2015 – 2025
6.4.1 U.S.
6.4.1.1 U.S. CT Market Analysis, By Type, 2015 – 2025
6.4.1.2 U.S. CT Market Analysis, By Application, 2015 – 2025
6.4.2 Canada
6.4.2.1 Canada CT Market Analysis, By Type, 2015 – 2025
6.4.2.2 Canada CT Market Analysis, By Application, 2015 – 2025

Chapter 7 Europe Crawler Tractors (CT) Market Analysis
7.1 Overview
7.2 Europe CT Market Analysis, By Type, 2015 – 2025
7.2.1 Comparative Analysis
7.3 Europe CT Market Analysis, By Application, 2015 – 2025
7.3.1 Comparative Analysis
7.4 Europe CT Market Revenue, By Region, 2015 – 2025
7.4.1 U.K.
7.4.1.1 U.K. CT Market Analysis, By Type, 2015 – 2025
7.4.1.2 U.K. CT Market Analysis, By Application, 2015 – 2025
7.4.2 Germany
7.4.2.1 Germany CT Market Analysis, By Type, 2015 – 2025
7.4.2.2 Germany CT Market Analysis, By Application, 2015 – 2025
7.4.3 France
7.4.3.1 France CT Market Analysis, By Type, 2015 – 2025
7.4.3.2 France CT Market Analysis, By Application, 2015 – 2025
7.4.4 Rest of Europe
7.4.4.1 Rest of Europe CT Market Analysis, By Type, 2015 – 2025
7.4.4.2 Rest of Europe CT Market Analysis, By Application, 2015 – 2025

Chapter 8 Asia Pacific Crawler Tractors (CT) Market Analysis
8.1 Overview
8.2 Asia Pacific CT Market Analysis, By Type, 2015 – 2025
8.2.1 Comparative Analysis
8.3 Asia Pacific CT Market Analysis, By Application, 2015 – 2025
8.3.1 Comparative Analysis
8.4 Asia Pacific CT Market Revenue, By Region, 2015 – 2025
8.4.1 China
8.4.1.1 China CT Market Analysis, By Type, 2015 – 2025
8.4.1.2 China CT Market Analysis, By Application, 2015 – 2025
8.4.2 Japan
8.4.2.1 Japan CT Market Analysis, By Type, 2015 – 2025
8.4.2.2 Japan CT Market Analysis, By Application, 2015 – 2025
8.4.3 Rest of Asia Pacific
8.4.3.1 Rest of Asia Pacific CT Market Analysis, By Type, 2015 – 2025
8.4.3.2 Rest of Asia Pacific CT Market Analysis, By Application, 2015 – 2025

Chapter 9 Rest of the World (RoW) Crawler Tractors (CT) Market Analysis
9.1 Overview
9.2 RoW CT Market Analysis, By Type, 2015 – 2025
9.2.1 Comparative Analysis
9.3 RoW CT Market Analysis, By Application, 2015 – 2025
9.3.1 Comparative Analysis
9.4 RoW CT Market Revenue, By Region, 2015 – 2025
9.4.1 Middle East & Africa (MEA)
9.4.1.1 MEA CT Market Analysis, By Type, 2015 – 2025
9.4.1.2 MEA CT Market Analysis, By Application, 2015 – 2025
9.4.2 Latin America
9.4.2.1 Latin America CT Market Analysis, By Type, 2015 – 2025
9.4.2.2 Latin America CT Market Analysis, By Application, 2015 – 2025

Chapter 10 Company Profiles
10.1 Liebherr Group
10.2 Caterpillar Inc.
10.3 John Deere
10.4 Brandt
10.5 DEUTZ-FAHR
10.6 New Holland
10.7 Case IH
10.8 Kubota
10.9 Shandong Rich Agriculture Machinery
10.10 AGCO Corporation
10.11 CLAAS

List of Figures

FIG. 1 Global Crawler Tractors (CT): Market Segmentation
FIG. 2 Global CT: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global CT Market, By Type, 2016 (US$ Mn)
FIG. 5 Global CT Market, By Application, 2016 (US$ Mn)
FIG. 6 Global CT Market, By Geography, 2016 (US$ Mn)
FIG. 7 Global CT Market Revenue and Growth, 2015 – 2025, (US$ Mn) (%)
FIG. 8 Attractive Investment Proposition
FIG. 9 Market Positioning of Key CT Vendors, 2016
FIG. 10 Global CT Market Revenue Contribution, By Type, 2016 & 2025 (%)
FIG. 11 Global Low HP Market Analysis, 2015 – 2025, (US$ Mn)
FIG. 12 Global High HP Market Analysis, 2015 – 2025, (US$ Mn)
FIG. 13 Global CT Market Revenue Contribution, By Application, 2016 & 2025 (%)
FIG. 14 Global CT Market Revenue from Agriculture, 2015 – 2025 (US$ Mn)
FIG. 15 Global CT Market Revenue from Construction, 2015 – 2025 (US$ Mn)
FIG. 16 Global CT Market Revenue from Forest, 2015 – 2025 (US$ Mn)
FIG. 17 Global CT Market Revenue from Other Applications, 2015 – 2025 (US$ Mn)
FIG. 18 North America CT Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 19 Europe CT Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 20 Asia Pacific CT Market Revenue, 2015 – 2025, (US$ Mn)
FIG. 21 RoW CT Market Revenue, 2015 – 2025, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Crawler Tractors (CT)
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 5 North America CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 6 U.S. CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 7 U.S. CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 8 Canada CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 9 Canada CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Europe CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 11 Europe CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 12 U.K. CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 13 U.K. CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 14 Germany CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 15 Germany CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 16 France CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 17 France CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 18 Rest of Europe CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 19 Rest of Europe CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 20 Asia Pacific CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 21 Asia Pacific CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 22 China CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 23 China CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 24 Japan CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 25 Japan CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 26 Rest of Asia Pacific CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 27 Rest of Asia Pacific CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 28 RoW CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 29 RoW CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 30 MEA CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 31 MEA CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 32 Latin America CT Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 33 Latin America CT Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 34 Liebherr Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 35 Caterpillar Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 36 John Deere: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 37 Brandt: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 38 DEUTZ-FAHR: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 39 New Holland: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 40 Case IH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 41 Kubota: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 42 Shandong Rich Agriculture Machinery: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 43 AGCO Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 44 CLAAS: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

Frequently Asked Questions:

What is the size of Crawler Tractors Market?

The market for Crawler Tractors Market is expected to reach US$ 2.10 Bn By 2027.

What is the Crawler Tractors Market CAGR?

The Crawler Tractors Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Crawler Tractors Market?

The report is forecasted from 2019 To 2027.

What is the base year considered for Crawler Tractors Market?

The base year of this report is 2018.

Who are the major players in this market?

Liebherr Group, John Deere, Brandt, Caterpillar Inc., DEUTZ-FAHR, New Holland, Kubota, Case IH, CLAAS, AGCO Corporation, Shandong Rich Agriculture Machinery, and ShanTui are some of the major players in the global market.

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