GLOBAL 4WD TRACTOR MARKET
- Nearly over ~ 97-98% 2WD tractors and only 1-2% of 4WD tractors are sold globally , due to less large farm lands ownership and high flexibility in required work.
- U.S Total YTD farm tractors out the door were up 17.9% in 2020, and 4wd sales finished up with 3.7% growth .
- U.S. farm tractor unit sales continue double-digit growth rate in both U.S. and Canada, and inventories continue to fall, after a strong month of April according to the latest data from the Association of Equipment Manufacturers (AEM).
- Deere & Company reported net income of $1.790 billion for the second quarter ended May 2021 and worldwide net sales and revenues increased 30%, to $12.058 billion, for the second quarter of 2021 and rose 25%, to $21.170 billion, for 6 months.
- 4WD tractors are more suitable for large farmlands with high flexibility on many farm operations. By 2026, the volumes will grow 50% compared to 2020.
- It remains to be seen if tractor registrations will confirm this return to pre-COVID levels for the second half of the year and if the lost business for the first half will be even partly recovered.
- The last few years have seen the rise of 4WD tractors. All four wheels are supplied with power from the transmission which leads to less slippage and improves performance.
The 4WD tractors are considered as the main energy source for agricultural machinery in the large fields, where various agricultural machinery derives most of its energy in the tractor whether energy used in the withdrawal of machines is used in the preparation of soil cultivation and field crops in huge proportion.
About 20 to 55% of the power of the 2WD tractors is lost during the interaction of the tire with the surface soil because of a slipping and rolling resistance, which are the major factors in power losses as well as the corrosion of the tractor tires and compaction soil which was causing a drop in crop productivity.
4WD TRACTOR MARKET SEGMENTATION
By Application Type
By Power Output
- <100 HP
- 100-500 HP
- >500 HP
- Rest of the World
4WD TRACTOR MARKET DYNAMICS
India, China and the US are the top 3 tractor markets globally, accounting for ~60% share of global tractor sales. The European farm tractor market retails about 200,000-220,000 units annually.
The 4WD tractors showed a measure of strength in terms of growth in 2020 and it is estimated to have a good rise in 2021 also. Purchasers of these units are the largest farmers and who generate a net income that is more than their living expenses and general production expenses, and have available capital to invest in new equipment.
Almost all 4WD tractors offered in the U.S and Europe are mounted with tracks, to boost the productivity and pulling efficiency and designed to increase traction and reduce soil compaction and slippage. An advanced track system is easier to turn without power loss and will do less soil damage when compared to a twin track system. The high-idler designs and long tracks means they can easily bridge rough terrain so operators enjoy a smoother ride. And the rugged design translates into a lower cost of ownership than other track systems
POPULAR 4WD TRACTOR MODELS, BY REGION
|1||John Deere 5050D 4WD|
|2||Sonalika DI 47 RX|
|3||Mahindra ARJUN NOVO 605 DI–i-4WD|
|4||Escorts Farmtrac 6055 T20|
|5||New Holland 3630 TX Plus|
Drivetrain systems and components are anticipated to see many changes regarding size, packaging and gearing as electrification continues to increase. Integrating an electric motor into an axle the design of the axle changes. The final architecture will ultimately impact overall performance of the tractors in different terrains. Axles of 4WD tractors are built for all requirements and conditions and e-axles are developed to overperform compared to conventional drivetrain systems.
Conventional four-wheel drive tractors usually have a fixed torque ratio between the front and rear axle but with the advanced systems,OEMs are developing the systems where torque is distributed over two transmission outputs independently on both axles. With the help of a computer-controlled transmission, torque can be shifted between the axles according to need, resulting in greater traction and a tighter turning circle.
Most standard feature offered in 4WD Tractors is GPS unlock, which provides a plug-n-play of various compatible displays for section control, variable rate, contour-assist, turn-assist and automatic teach-in, which allows for customizing calibrations – a great feature for inexperienced drivers.
ENGINE SPECS OF 4WD TRACTORS, BY REGION
|U.S||155 – 682HP||4.5-14.9L||400-2900Nm|
|Europe||150 – 691HP||4.5-15L||450-3000Nm|
|India||50 – 75HP||2.5-3.6L||180-300 Nm|
4WD TRACTOR MARKET SIZE AND FORECAST
The Global 4WD Tractor market is estimated at $XX Billion in 2020, growing at XX% CAGR till 2026.
Versatile introduced new DeltaTrack and four-wheel drive models for 2022. The tractors include more power, improved features, newly available options, and an updated appearance. New models, 530, 580 and 620, have a larger cooling package designed to improve airflow and cooling capacity, improved transmission, and advanced hydraulic configuration and options.
Mahindra’s 8000 Series Tractors feature a heavy-duty and robust design and simple controls. They lift more than the competition with the highest loader lift capacities in their classes. A standard 540/1000 rpm PTO provides a wide operation range of implements. These models are equipped with an air ride suspension mComfort seat that comes standard.
CNH Industrial has entered into an agreement to acquire 100% stake of Raven Industries Inc. The acquisition builds upon a long partnership between the two companies and will further enhance CNH Industrial’s position in the global agriculture equipment market by adding strong innovation capabilities in autonomous and precision agriculture technology.
Case IH introduces the new AFS Connect Steiger series tractor available in Quadtrac, Rowtrac and wheeled configurations from 370-620 hp. The new range will be available in Europe during the second half of 2020, with some specific features for the European market. The CVXDrive, the first continuously variable transmission for an articulated 4WD tractor — automatically balances power and efficiency while delivering an impressive 605 peak-horsepower on the Steiger 540 model to effectively tackle any conditions.
- Mahindra and Mahindra
- FPT Industrial
- John Deere
- Massey Ferguson
- International Harvester
- First Tractor Company
- New Holland