The sale of the tractor market in Turkey will reach 94,994 units per

Chicago, July 04 2022 (GLOBE NEWSWIRE) — According to Arizton’s latest research report, the tractor market in Turkey is expected to grow at a CAGR of 5.79 percent. The world is changing rapidly, increasing innovation and the extensive use of robotics and AI are transforming all aspects of life. In the next ten years, the current way of farming will be completely revolutionized using autonomous tractors and agricultural robots, which will make time-consuming manual tasks efficient and effective.

Scope of the Turkey Tractor Market Report

Report Attributes Details
MARKET SIZE (2028) 94,994 units
MARKET SIZE (2022) 64,070 Units
CAGR (2022-2028) 5.79%
YEAR OF REFERENCE 2021
FORECAST YEAR 2022-2028
MARKET SEGMENTS Power, workout type and zone
LARGEST SEGMENT PER ZONE Central Anatolia
LARGEST SEGMENT BY TRAINING TYPE 2 wheel drive

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Highlights

  • With a share of around 75%, tractors constitute the largest segment of agricultural equipment in Turkey.
  • Turkey is the largest tractor exporter in the Middle East in terms of unit sales. The number of tractors manufactured in Turkey accounts for more than a third of the total number of tractors manufactured in the Middle Western countries.
  • The Turkish government’s programs and initiatives aimed at facilitating credit and improving agriculture-related operations are the main drivers contributing to the growth of the overall value chain in the Turkish agricultural sector.
  • The Turkish market has seen an unexpected surge in tractor sales in 2021 and has maintained it so far. Interestingly, the highest growth in the Turkish tractor market has been observed in the medium HP horsepower segments.
  • Major players in the Turkish agricultural tractor market are New Holland, Tumosan and Massey Ferguson. In terms of units sold, New Holland and Tumosan are the market leaders which accounted for more than 50% of the overall agricultural tractor market in Turkey in 2021.

Market segmentation

Powerful

  • Less than 50 HP
  • 50-75 HP
  • 76-100 HP
  • 101−150 HP
  • Above 150 HP

Reader type

  • 2 wheel drive
  • 4 wheels driving

Areas

  • Eastern Anatolia (Agri, Bingol, Elazig, Malatya, Hakkari, Idgir, Kars, Tunceli and Van)
  • Central Anatolia (Ankara, Cankiri, Eskisehir, Karaman, Kayseri, Konya, Sivas and Yozgat)
  • Aegean and Mediterranean (Aydin, Izmir, Manisa, Usak, Denizli, Adana, Antalya, Mersin, Burdur, Hatay, Isparta and Osmaniye)
  • Marmara (Edirne, Istanbul, Kirklareli, Kocaeli, Tekirdag, Yalova and Bursa)
  • Black Sea (Amasya, Gümüşhane, Barton, Bolu, Giresun, Kastamonu, Karabük, Ordu, Rize, Samsun, Sinop, Tokat, Trabzon and Zonguldak)

New Holland and Tumosan dominated the Turkish tractor market with a collective market share of over 52%. The threat of rivalry is high in the Turkish agricultural tractors market since more than 50% of the shares belong to the top three key players. These players thrive on innovation in the tractor market. They are increasingly investing in the development of advanced agricultural tractor technologies for precision farming and machine automation.

With more brands and variants available in the market, as well as easier access to information than ever before, the propensity to explore new options may alter purchasing sentiments among young farmers. Thus, the success of tractor manufacturers in attracting and retaining the attention of this new generation of buyers depends on creating added value that resonates with them. This increasingly knowledgeable and demanding set of customers is putting pressure on OEMs to demonstrate unprecedented agility by delivering at a pace that matches their heightened and ever-changing expectations.

Main suppliers

  • AGCO
  • CNH Industrial
  • John Deere
  • TAFE
  • Kubota

Other Important Suppliers

  • MSDS
  • Action Construction Equipment Ltd (ACE)
  • Iseki
  • Deutz-Fahr
  • Mahindra and Mahindra
  • Yanmar
  • Escorts
  • HASEL

Contents

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE AND COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSION

4.1.2 EXCLUSION

4.1.3 CAUTIONS ON MARKET ESTIMATION

4.2 REFERENCE YEAR

4.3 SCOPE OF THE STUDY

5 ASSUMPTIONS AND CAVEATS OF THE REPORT

5.1 MAIN WARNINGS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 THE MARKET IN BRIEF

7 PRESENTATION

7.1 OVERVIEW

7.2 TURKEY’S AGRICULTURAL POLICY

7.2.1 AGRICULTURAL POLICIES

7.3 FOREIGN DIRECT INVESTMENT

7.4 LANDHOLDING STRUCTURES AND CULTURE INTENSITY

7.5 ANALYSIS OF IMPORTS AND EXPORTS

7.6 TECHNOLOGICAL ADVANCES

7.7 IMPACT OF COVID-19 ON THE TURKISH AGRICULTURAL SECTOR

8 MARKET LANDSCAPE

8.1 MARKET OVERVIEW

8.1.1 MAJOR LABOR SHORTAGE IN THE AGRICULTURAL SECTOR

8.2 MARKET SIZE AND FORECAST

9 HORSES

9.1 MARKET OVERVIEW AND GROWTH DRIVER

9.2 MARKET OVERVIEW

9.3 LESS THAN 50 HP

9.3.1 MARKET OVERVIEW

9.3.2 MARKET SIZE AND FORECAST

9.3.3 TURKEY AGRICULTURAL TRACTORS UNDER 50 HP MARKET BY REGION

9.4 50–75 HP

9.4.1 MARKET OVERVIEW

9.4.2 MARKET SIZE AND FORECAST

9.4.3 TURKEY 50-75HP TRACTOR MARKET BY REGIONS

9.5 76–100 HP

9.5.1 MARKET OVERVIEW

9.5.2 MARKET SIZE AND FORECAST

9.5.3 TURKEY 76-100 HP AGRICULTURAL TRACTOR MARKET BY REGIONS

9.6 101–150 HP

9.6.1 MARKET OVERVIEW

9.6.2 MARKET SIZE AND FORECAST

9.6.3 TURKEY 101-150 HP AGRICULTURAL TRACTOR MARKET BY REGIONS

9.7 ABOVE 150 HP

9.7.1 MARKET OVERVIEW

9.7.2 MARKET SIZE AND FORECAST

9.7.3 TURKEY AGRICULTURAL TRACTOR MARKET ABOVE 150 HP BY REGION

10 TYPE OF DRIVE

10.1 MARKET OVERVIEW AND GROWTH DRIVER

10.2 MARKET OVERVIEW

10.2.1 MARKET SIZE AND FORECAST

10.3 2WD TRACTORS

10.3.1 MARKET OVERVIEW

10.3.2 MARKET SIZE AND FORECAST

10.3.3 TURKEY 2WD AGRICULTURAL TRACTOR MARKET BY REGIONS

10.4 4WD TRACTORS

10.4.1 MARKET OVERVIEW

10.4.2 MARKET SIZE AND FORECAST

10.4.3 TURKEY 4WD AGRICULTURAL TRACTOR MARKET BY REGIONS

11 REGIONS

11.1 MARKET OVERVIEW AND GROWTH DRIVER

11.2 MARKET OVERVIEW

11.3 EASTERN ANATOLIA

11.3.1 MARKET OVERVIEW

11.3.2 MARKET SIZE AND FORECAST

11.3.3 EASTERN ANATOLIA REGION AGRICULTURAL TRACTOR MARKET BY HP

11.3.4 EASTERN ANATOLIA REGION AGRICULTURAL TRACTOR MARKET BY DRIVE WHEEL

11.4 CENTRAL ANATOLIA

11.4.1 MARKET OVERVIEW

11.4.2 MARKET SIZE AND FORECAST

11.4.3 CENTRAL ANATOLIA REGION AGRICULTURAL TRACTOR MARKET BY HP

11.4.4 CENTRAL ANATOLIA AGRICULTURAL TRACTOR MARKET BY DRIVE WHEEL

11.5 AEGEAN AND MEDITERRANEAN

11.5.1 MARKET OVERVIEW

11.5.2 MARKET SIZE AND FORECAST

11.5.3 AEGEAN AND MEDITERRANEAN REGION AGRICULTURAL TRACTOR MARKET BY HP

11.5.4 AEGEAN AND MEDITERRANEAN REGION AGRICULTURAL TRACTOR MARKET BY WHEEL DRIVE

11.6 MARMARA

11.6.1 MARKET OVERVIEW

11.6.2 MARKET SIZE AND FORECAST

11.6.3 MARMARA REGION AGRICULTURAL TRACTOR MARKET BY HP

11.6.4 MARMARA REGION AGRICULTURAL TRACTOR MARKET BY WHEEL DRIVE

11.7 BLACK SEA

11.7.1 MARKET OVERVIEW

11.7.2 MARKET SIZE AND FORECAST

11.7.3 BLACK SEA REGION AGRICULTURAL TRACTOR MARKET BY HP

11.7.4 BLACK SEA REGION AGRICULTURAL TRACTOR MARKET BY WHEEL DRIVE

12 OPPORTUNITIES AND MARKET TRENDS

12.1 HIGH LOCAL PRODUCTION CAPACITIES IN TURKEY

12.2 TECHNOLOGICAL ADVANCEMENTS IN TRACTORS

12.2.1 GPS TECHNOLOGY

12.2.2 GROWING DEMAND FOR AUTONOMOUS TRACTORS

12.3 GROWING USE OF UNCONVENTIONAL FUEL IN TRACTORS

12.4 INCREASE POTENTIAL OF ELECTRIC TRACTORS

13 MARKET GROWTH FACTORS

13.1 FINANCIAL SUPPORT TO FARMERS THROUGH LOANS AND GRANTS

13.2 DOWNSIZING TO STIMULATE AGRICULTURAL MECHANIZATION

13.3 GROWTH IN AGRICULTURAL PRODUCTIVITY AND EXPORTS

13.3.1 AGRICULTURAL EXPORTS

13.4 SOCIO-DEMOGRAPHIC CHANGES IN TURKEY

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