Turkey tractor market sales are expected to reach 94,994 units

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CHICAGO, July 04, 2022 (GLOBE NEWSWIRE) — Turkey’s tractor market is expected to grow at a CAGR of 5.79%, according to Arizton’s latest research report. The world is changing fast, innovation is increasing, and the widespread use of robotics and AI is transforming every aspect of life. Within the next decade, current farming will be completely revolutionized by autonomous tractors and farm robots that make time-consuming manual tasks efficient and effective.

Scope of Turkey Tractor Market Report

report attributes details
MARKET SIZE (2028) 94,994 units
MARKET SIZE (2022) 64,070 units
CAGR (2022-2028) 5.79%
BASE YEAR 2021
FORECAST YEAR 2022-2028
MARKET SEGMENTS Power, drive type and zone
LARGEST SEGMENT BY ZONE Central Anatolia
LARGEST SEGMENT BY DRIVE TYPE 2 wheel drive

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Key Highlights

  • With a share of approx. 75%, tractors are the largest segment of agricultural machinery in Turkey.
  • Turkey is the largest exporter of tractors in the Middle East in terms of sales. The number of tractors manufactured in Turkey accounts for over a third of the total number of tractors manufactured in Midwestern countries.
  • The Turkish government’s programs and initiatives to facilitate credit and improve agricultural activities are the main drivers that contribute to the growth of the entire value chain in Turkey’s agricultural sector.
  • The Turkish market saw an unexpected surge in tractor sales in 2021 and has sustained it to this day. Interestingly, the greatest growth in the Turkish tractor market has been in the medium horsepower segments.
  • The major players in Turkey’s agricultural tractor market are New Holland, Tumosan and Massey Ferguson. In terms of units sold, the leaders are New Holland and Tumosan, which accounted for more than 50% of the total Turkey agricultural tractor market in 2021.

market segmentation

hp

  • Less than 50 hp
  • 50-75 hp
  • 76-100 hp
  • 101−150 hp
  • Over 150 hp

drive type

  • 2 wheel drive
  • 4 wheel drive

zones

  • 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 combined market share of over 52%. The threat of rivalry is high in Turkey’s agricultural tractor market as more than 50% of the share belongs to the top three major players. These players benefit from innovations in the tractor market. They are increasingly investing in the development of advanced agricultural tractor technology for precision farming and machine automation.

With multiple brands and variants available on the market, and access to information easier than ever before, the propensity to explore new options can change buying sentiment among younger farmers. Therefore, tractor manufacturers’ success in attracting and retaining the attention of this new generation of buyers depends on creating value that resonates with them. This group of progressively informed and demanding customers is putting pressure on OEMs to demonstrate unprecedented agility in delivery at a pace that meets their increased and ever-evolving expectations.

key provider

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

Other prominent providers

  • SDF
  • Action Baumaschinen Ltd (ACE)
  • Iseki
  • Deutz-Fahr
  • Mahindra & Mahindra
  • Yanmar
  • escorts
  • HAZEL

Table of Contents

1 RESEARCH METHOD

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATING CONDITIONS

4.2 BASE YEAR

4.3 SCOPE OF STUDY

5 REPORTING ASSUMPTIONS AND CONDITIONS

5.1 IMPORTANT RESERVATIONS

5.2 CURRENCY TRANSLATION

5.3 MARKET EXPERIENCE

6 MARKET OVERVIEW

7 INTRODUCTION

7.1 OVERVIEW

7.2 AGRICULTURAL POLICY OF TURKEY

7.2.1 AGRICULTURAL POLICY

7.3 FOREIGN DIRECT INVESTMENT

7.4 PLOTS AND CULTIVATION INTENSITY

7.5 IMPORT AND EXPORT ANALYSIS

7.6 TECHNOLOGICAL ADVANCES

7.7 EFFECTS OF COVID-19 ON TURKISH AGRICULTURE SECTOR

8 MARKET LANDSCAPE

8.1 MARKET OVERVIEW

8.1.1 MAJOR LABOR LACK IN THE AGRICULTURE SECTOR

8.2 MARKET SIZE AND FORECAST

9 hp

9.1 MARKET NAPSHOT & GROWTH ENGINE

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 LESS THAN 50HP AGRICULTURAL TRACTORS MARKET IN TURKEY BY REGION

9.4 50-75HP

9.4.1 MARKET OVERVIEW

9.4.2 MARKET SIZE AND FORECAST

9.4.3 50-75HP TRACTORS MARKET IN TURKEY BY REGION

9.5 76-100HP

9.5.1 MARKET OVERVIEW

9.5.2 MARKET SIZE AND FORECAST

9.5.3 76-100HP AGRICULTURAL TRACTOR MARKET IN TURKEY BY REGIONS

9.6 101-150HP

9.6.1 MARKET OVERVIEW

9.6.2 MARKET SIZE AND FORECAST

9.6.3 101-150HP AGRICULTURAL TRACTOR MARKET IN TURKEY BY REGIONS

9.7 OVER 150 HP

9.7.1 MARKET OVERVIEW

9.7.2 MARKET SIZE AND FORECAST

9.7.3 AGRICULTURAL TRACTORS OVER 150HP MARKET IN TURKEY BY REGION

10 DRIVE TYPE

10.1 MARKET NAPSHOT & GROWTH ENGINE

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 2WD AGRICULTURAL TRACTORS MARKET IN TURKEY BY REGION

10.4 4WD TRACTORS

10.4.1 MARKET OVERVIEW

10.4.2 MARKET SIZE AND FORECAST

10.4.3 4WD AGRICULTURAL TRACTORS MARKET IN TURKEY BY REGION

11 REGIONS

11.1 MARKET NAPSHOT & GROWTH ENGINE

11.2 MARKET OVERVIEW

11.3 EAST ANATOLIA

11.3.1 MARKET OVERVIEW

11.3.2 MARKET SIZE AND FORECAST

11.3.3 AGRICULTURAL TRACTOR MARKET OF EAST ANATOLIA REGION BY HP

11.3.4 EAST ANATOLIA REGION AGRICULTURAL WHEEL DRIVE TRACTOR MARKET

11.4 CENTRAL ANATOLIA

11.4.1 MARKET OVERVIEW

11.4.2 MARKET SIZE AND FORECAST

11.4.3 AGRICULTURAL TRACTOR MARKET OF CENTRAL ANATOLIA REGION BY HP

11.4.4 CENTRAL ANATOLIA AGRICULTURAL WHEEL DRIVE TRACTOR MARKET

11.5 AEGEAN AND MEDITERRANEAN SEA

11.5.1 MARKET OVERVIEW

11.5.2 MARKET SIZE AND FORECAST

11.5.3 AEGEAN AND MEDITERRANEAN AGRICULTURAL TRACTOR MARKET BY HP

11.5.4 AEGEAN AND MEDITERRANEAN AGRICULTURAL WHEEL-DRIVE TRACTOR MARKET

11.6 MARMARA

11.6.1 MARKET OVERVIEW

11.6.2 MARKET SIZE AND FORECAST

11.6.3 AGRICULTURAL TRACTOR MARKET IN MARMARA REGION BY HP

11.6.4 MARMARA REGION AGRICULTURAL WHEEL DRIVE TRACTOR MARKET

11.7 BLACK SEA

11.7.1 MARKET OVERVIEW

11.7.2 MARKET SIZE AND FORECAST

11.7.3 AGRICULTURAL TRACTOR MARKET IN BLACK SEA REGION BY HP

11.7.4 BLACK SEA REGION AGRICULTURAL WHEEL DRIVE TRACTOR MARKET

12 MARKET OPPORTUNITIES & TRENDS

12.1 HIGH LOCAL PRODUCTION CAPACITIES IN TURKEY

12.2 TECHNOLOGICAL ADVANCES IN TRACTORS

12.2.1 GPS TECHNOLOGY

12.2.2 GROWING DEMAND FOR AUTONOMOUS TRACTORS

12.3 INCREASING USE OF NON-CONVENTIONAL FUELS IN TRACTORS

12.4 INCREASING POTENTIAL FOR ELECTRIC TRACTORS

13 MARKET GROWTH OPPORTUNITIES

13.1 FINANCIAL ASSISTANCE TO FARMERS THROUGH LOANS AND SUBSIDIES

13.2 REDUCTION IN LABOR TO STRENGTHEN AGRICULTURAL MECHANIZATION

13.3 GROWTH IN AGRICULTURAL PRODUCTIVITY AND EXPORTS

13.3.1 AGRICULTURAL EXPORTS

13.4 SOCIODEMOGRAPHIC CHANGES IN TURKEY

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