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China Tractors Manufacturing Industry, 2013-2017

China Tractors Manufacturing Industry, 2013-2017

Last Update:2014-05-27

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Since 2010, the State has increased efforts to expand the buying subsidies to agricultural machinery. The central governmental subsidies reached 15.5 billion Yuan in the year of 2010. In 2011, the subsidies will keep increasing to 17.5 billion Yuan. The agricultural machinery subsidies greatly promote the agricultural market, which leads main tractors market of agricultural machinery market into a hot state. Meanwhile, since the overall trend of steel price is steady, but the enterprises’ sales volume increases somewhat, especially for the large and middle tractors, the benefit situation of tractors industry turns to be good.

In 2010, China tractors market operated smoothly, showing man kinds of new characteristics. The total industrial output value and sales revenue reached 34.813 billion Yuan and 40.023 billion Yuan respectively. Meanwhile, the export delivery value continues to maintain a strong development momentum. The demand for large and medium-sized tractors in domestic runs in a high level, but the growth slows down and the demand will continue to extend to large-sized tractors; and the small tractors market keeps growing by a double-digital growth. The enterprises benefit runs very well, with steady prices, and the export market rebounds strongly. In addition, the demand for regional markets is uneven. The brand competition tends to be fierce, and the market concentration is further improved. However, the demand has not been saturated yet comparing to that of agricultural developed countries, such as European countries and USA. Moreover, the backward of product structure performance is a common problem in China tractor products, and the technology level needs improving; at the same time, some quality problems aroused by chaos market order and disorderly competition deserve attentions.
In terms of the requirement of development strategy on national agricultural mechanization, China’s agricultural mechanism level is in a middle phase, the comprehensive mechanism level of plough, farming and harvest just exceeds around 50%. According to The Opinions of the State Council on Accelerating the Good and Fast Development of Agricultural Mechanism and Agricultural Machinery Industry. By 2020, the comprehensive mechanism level of plough, farming and harvest for China’s crops will reach more than 65%, which means comparing the development of China’s agricultural machinery industry with national agricultural mechanism development strategy, there is still a large gap between them. Tractor, as the power supply of agricultural products, has the huge market demand. The next 10-20 years is not only a very important period for China’s agricultural industry realizing its modernization, but also a key period for China agricultural mechanism again. The further acceleration of agricultural mechanical development and the uprising of financing and leasing will provide huge market space for tractors enterprises.
With the development of tractors manufacturing industry and growing competition in tractors manufacturing industry, acquisition and capital operation among large enterprises become more and more frequent. The domestic excellent tractors manufacturing enterprises pay more attention to the industry market research, especially to the indepth researches on the industry development environment and product buyers. Because of this, a large number of excellent tractors brands rise up rapidly, and gradually become leading corporations in tractors manufacturing industry!
With Forward’s long-term tracking and collecting market data of tractors manufacturing industry, we roundly and accurately analyze the industry structure system for you from the view of mastering the whole industry. This report mainly focuses on analyzing China tractors manufacturing industry’s market capacity, market size, development speed and competitive situation, depending on macro-prosperity of current tractors manufacturing industry and relying on its production and marketing conditions as well as the demand trend. 
The report pay more attention to analyze the production and development of China tractors manufacturing industry; the current market environment and enterprise competitiveness of tractors manufacturing industry; the market demand characteristics of tractors manufacturing industry; the import and export market of tractors manufacturing industry; the competitive landscape and competitive trend of tractors manufacturing industry; the development situation of major product market segmentation of tractors manufacturing industry; the development analysis of tractors manufacturing industry’s leasing industry; the leading corporations’ operational conditions in tractors manufacturing industry; as well as the development trend and prospects forecast of tractors manufacturing industry. Meanwhile, with comprehensive and specific first-hand market data over the past 5 years, Forward helps you to grasp the market and development trends of tractors manufacturing industry, so as to win advantages from competition!
The most distinctive characteristics of this report is forward-looking and timeliness. Through analyzing forward-looking characteristic of abundant first-hand market data, we deeply and objectively dissect China current tractors manufacturing industry’s overall market capacity, market size, competitive landscape and characteristics of market demand. Furthermore, based on future development tracks and years’ practice experience of tractors manufacturing industry, we conduct prudent analysis and forecast for tractors manufacturing industry’s future development trend. This report helps tractors manufacturing enterprises, R&D institutions, marketing enterprises and investment enterprises to precisely grasp current latest developments of the industry. Afterwards, they can make wise operating decisions and define enterprises’ development directions. Moreover, this report is the first and weighty report on analyzing the upstream and downstream industrial chain of tractors manufacturing industry and analyzing its leading corporations in an all-round and systematical way.
Here, we would like to express our sincere gratitude to China Machinery Industry Federation, Chinese Society for Agricultural Machinery, State Information Center, Bureau of Statistics of China, China Customs, International Information Research Institute, Chinese Academy of International Trade and Economic Cooperation, Tsinghua University Library, Development Research Center of the State Council and Beijing Essence Forward Research Center, for their great support when we conduct this report!
Notice: All the market data, especially corporations' ranking data in the report, only for business reference. Please do not take the data for enterprise publicity. Thank you! Or Forward shall not take any responsibility for any consequences!
Qianzhan Business Information Co., Ltd. Industry Research Center 
Research Team of Tractors Manufacturing Industry

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