Global Tractor Engines Market Grow at a CAGR of 6.68 % during 2017-2021
Market Research Hub ( MRH ) has recently announced the addition of a fresh report , titled “ Global Tractor Engines Market 2017-2021 ” to its report offerings . Technavio ' s report , Global Tractor Engines Market 2017-2021 , has been prepared based on an in-depth market analysis with inputs from industry experts . The report covers the market landscape and its growth prospects over the coming years . The report also includes a discussion of the key vendors operating in this market .
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The growth of the agricultural sector has a direct impact on the tractor engine market as tractors are required for cultivation purposes . The majority of the growth in the tractor engine market is likely to come from APAC , constituting about 71 % of the global tractor engine sales in 2016 . India and China are the main contributors to the global tractor engine market . The two biggest regions responsible for the overall market volume of tractor engines have fairly similar market characteristics .
Technavios analysts forecast the global tractor engines market to grow at a CAGR of 6.68 % during the period 2017-2021 .
Covered in this report
The report covers the present scenario and the growth prospects of the global tractor engines market for 2017-2021 . To calculate the market size , the report considers the number of tractors sold .