South America Tractor Market Forecast to Surpass $4 Billion by 2023

New infrastructure projects and rising demand for tractors from the e-commerce sector is anticipated to help steer growth in the South America tractor market.

Research and Markets

The "South America Tractor Market By Power Output (Less than 40 HP, 40 HP & Under 40 HP and 100 HP & Above), By Drive Type (2-wheel Drive & 4-wheel Drive), By Application (Agriculture & Non-Agriculture), By Country, Competition Forecast & Opportunities, 2013-2023" report has been added to ResearchAndMarkets.com's offering. 

The South America tractor market is forecast to surpass $4 billion by 2023, on the back of growth in construction, infrastructure and mining sectors in South America.

Moreover, various upcoming greenfield and brownfield infrastructure projects, improving road infrastructure and rising demand for tractors from the e-commerce sector is further anticipated to steer growth in the South America tractor market in the coming years.

The report discusses the following aspects of tractor market in South America: 

  • Tractor Market Size, Share & Forecast
  • Segmental Analysis - By Power Output (Less than 40 HP, 40 HP & Under 40 HP and 100 HP & Above), By Drive Type (2-wheel Drive & 4-wheel Drive), By Application , By Country
  • Competitive Analysis
  • Changing Market Trends & Emerging Opportunities
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