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Two-Wheel Tractors Market – Introduction

The two-wheel tractor is a type of cultivating equipment that is generally used to plow small fields, gardens, and backyards. An engine or a power unit is attached to the two-wheeler tractor that provides power to carry out the required operations. Various attachments such as cultivators, scythe blades, sweepers, and snow blades are attached to two-wheel tractors as per the requirement. The operator or driver of the two wheeler tractor can operate it while walking behind the tractor, or the operator can sit on trolley attached to the two-wheel tractor and drive the tractor.

The applications of two-wheeler tractors are similar to small household rotary two-wheel tractors, as they are small in size and employed in small fields. The difference between the two wheeler tractor and conventional tractor is just that the conventional tractor can perform various operations while the two-wheel tractors can only perform soil tillage and other gardening and plowing processes.

Two-wheel Tractors Market – Competitive Landscape

Agria-Werke GmbH

Agria-Werke GmbH was founded in 1947, and currently has its headquarters in Bittelbronner, Germany. Agria-Werke GmbH engages in the manufacture of agricultural equipment and implements across the globe. The company specializes in the manufacture of two-wheeled tractors and attachments, implements, bar mowers, and motor hoes across Europe. The company exports its products across the globe

BCS S.p.A.

BCS S.p.A. was founded in 1943. The company is presently based in Abbiategrasso, Italy. It is a leading manufacturer of two wheeler tractors and agricultural vehicle attachments. BCS is a brand of the BCS Group. It also includes brands such as Ferrari (tractors) and Pasquali’s agricultural division, and MOSA for the energy industry. The company sells its products in over 80 countries across the globe.

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LABIN PROGRES-TPS d.o.o. was founded in 1974; presently, it has headquarters in Labin, Croatia. TPS engages in the manufacture of agricultural equipment and attachments. The company has 100 employees that manufacture agricultural machinery.

V.S.T Two-wheel tractors Ltd.

V.S.T Two-wheel tractors Ltd. was founded in 1967, and currently is based in Bengaluru, India. The company specializes in the development of agricultural products, equipment, and attachments. The machinery developed by the company is utilized for cultivation and agriculture. It operates through a network of over 230 dealers and more than 300 vendors across India.

Rising demand for multiutility agricultural equipment, globally

Rising demand for multiutility agricultural equipment, globally, is a major factor driving the two-wheel tractors market. Demand for machinery and mechanical equipment has increased owing to a large number of farmers preferring machines over conventional techniques of cultivation. Multiutility agricultural equipment are utilized in diverse applications, as these machineries are efficient and reduce the time required for plowing. Technological advancement is also a major factor boosting the agricultural market, which in turn is estimated to propel the two-wheel tractors market during the forecast period.

Increasing plantation to reduce effects of global warming

Currently, concern about the environment is increasing due the effects of global warming. WHO and other organizations are afforestation in order to reduce the effects of global warming. Several countries are undertaking reforestation initiatives, which require considerable plowing across large areas. Countries are focused on growing more trees by plowing large areas. Increasing preference for backyard gardening is driving the demand for rotary two-wheel tractor, as a good quality seedbed requires two-wheel tractor.

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Two-Wheel Tractors Market – Segmentation

The global two-wheel tractors Market can be segmented based on:

  • Fuel Type
  • Application

Two-Wheel Tractors Market – By Fuel Type

Based on fuel type, the two-wheel tractors market can be bifurcated into:

  • Gasoline
  • Electric

Two-Wheel Tractors Market – By Application

Based on application, the two-wheel tractors market can be split into:

  • Agriculture
  • Commercial
  • Gardening
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Two Wheel Tractors Market

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