Tractor Market Size, Growth, Trends, Top Companies, Industry Demand and Opportunity 2021-26
According to IMARC Group’s latest report, titled “ Tractor Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026 ”, the global tractor market is expected to grow at a CAGR of around 5% during 2021-2026. A tractor is machinery equipment that is used for performing a wide variety of tasks on a farm. Some of these tasks include mowing, harvesting, and plowing. Similar to cranes, ships, and bulldozers, tractors have powerful and large diesel engines. These engines help to pull heavy and oversized loads. There are two types of tractors, which include tracked tractors and four-wheeled tractors. Tracked tractors are popularly used for earthmoving and have an immense pushing power like a bulldozer. On the other hand, four-wheeled tractors can move more dynamically under different soil conditions. These machines can generate improved traction for loader applications, slashing, livestock operations, haulage, tillage and mowing. As the novel coron...