Global Tractor Telematics Market Outlook to 2022, Led by Case IH (CNH Industrial), Cummins, Deere & Company, ERM Electronic Systems, Hello Tractor, and Mahindra & Mahindra
Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Tractor Telematics Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
One trend in the market is rising demand for agricultural tractors in APAC.
The continuous development in the agricultural industry in ARC, especially in countries such as India, China, Indonesia, and Vietnam, is expected to drive the demand for agricultural machinery, including tractors. High penetration of tractors will increase the market scope for tractor telematics as competitors will equip their respective tractor models with advanced technologies to maintain their market share.
According to the report, one driver in the market is increased utility offered by telematics.
Telematics. is a technology that deals with the transmission of information over long distances such as details about the vehicle's position and onboard diagnostics of the vehicle. Tractors equipped with telematics technology possess important utilitarian features that allow the tractor owners and manufacturers to develop better and sophisticated future models of tractors.
Further, the report states that one challenge in the market is rising prices of tractors.
A tractor plays an important role in increasing the agricultural production. However. rising prices of raw materials like steel, which is used for building tractors, will cause a reduction in sales of tractors and potentially affect the growth of the tractor telematics market during the forecast period. Prices of farm equipment have been increasing since 2016, following their rising production costs due to high raw material prices
Key Players
- Case IH (CNH Industrial)
- Cummins
- Deere & Company
- ERM Electronic Systems
- Hello Tractor
- Mahindra & Mahindra
Topics Covered
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market definition
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY FITMENT
- Segmentation by fitment
- Comparison by fitment
- Embedded telematics - Market size and forecast 2017-2022
- Others - Market size and forecast 2017-2022
- Market opportunity by fitment
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA - Market size and forecast 2017-2022
- Americas - Market size and forecast 2017-2022
- APAC - Market size and forecast 2017-2022
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing popularity of big data in agriculture
- Increasing developments in autonomous tractors
- Future-proofing of telematics within tractors
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Case IH (CNH Industrial)
- Cummins
- Deere & Company
- ERM Electronic Systems
- Hello Tractor
- Mahindra & Mahindra
For more information about this report visit https://www.researchandmarkets.com/research/5f8ckl/global_tractor?w=12
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