The Sale of Canada Tractor Market to Reach 43k Units by 2028 – Arizton
Chicago, Sept. 22, 2022 (GLOBE NEWSWIRE) -- According to Arizton''s latest research report, Canada tractors market to grow at CAGR of around 3.9% during 2022-2027. The less than 50 HP segment held the largest share in the Canada Agricultual tractor market in 2021, followed by the 50-100 HP segment with a share of 21.7%. The above 100 HP segment contributed the remaining 13.7% share. The penetration and adoption of farm mechanization practices across Canada drive the sale of new tractors. Tractors and agricultural implements are the major product categories of the organized agriculture market in Canada. Canada Tractors Market Report Scope Report Attributes Details MARKET SIZE (2028) 43,766 Units MARKET SIZE (2021) 33,463 Units CAGR (2022-2028) 3.9% BASE YEAR 2021 FORECAST YEAR 2022-2028 MARKET SEGMENTS Horsepower, Drive Type, and Provinces LARGEST SEGMENT BY HORSEPOWER Less Than 50 HP LARGEST SEGMENT BY ZONE
The Sale of Canada Tractor Market to Reach 43k Units by 2028 – Arizton
Chicago, Sept. 22, 2022 (GLOBE NEWSWIRE) -- According to Arizton''s latest research report, Canada tractors market to grow at CAGR of around 3.9% during 2022-2027. The less than 50 HP segment held the largest share in the Canada Agricultual tractor market in 2021, followed by the 50-100 HP segment with a share of 21.7%. The above 100 HP segment contributed the remaining 13.7% share. The penetration and adoption of farm mechanization practices across Canada drive the sale of new tractors. Tractors and agricultural implements are the major product categories of the organized agriculture market in Canada. Canada Tractors Market Report Scope Report Attributes Details MARKET SIZE (2028) 43,766 Units MARKET SIZE (2021) 33,463 Units CAGR (2022-2028) 3.9% BASE YEAR 2021 FORECAST YEAR 2022-2028 MARKET SEGMENTS Horsepower, Drive Type, and Provinces LARGEST SEGMENT BY HORSEPOWER Less Than 50 HP LARGEST SEGMENT BY ZONE