New Holland has announced it will launch the T9 SmartTrax equipped with PLM Intelligence in 2025. The model also include a track system that delivers high performance regardless of field conditions.

“The T9 SmartTrax with PLM Intelligence reflects our legacy for pushing boundaries.

It’s more than an enhanced track system. It’s a commitment to farmers built based on innovation, efficiency, capability and versatility.”

explains Ken Paul, product marketing manager, high horsepower tractors for New Holland.

Mastering the Terrain with T9 SmartTrax

The T9 tractor’s track system is equipped with advanced oscillating roller wheels and vibration-dampening mount suspension for a smoother ride and to prevent uneven wear. It also has an automatic track tensioning system that eliminates manual adjustments and optimizes tension, which can contribute to a longer lifespan of the track belt. Clear hubcaps allow for easy access to critical components during maintenance.

Available for agricultural use on five model year 2025 T9 models — T9.520, T9.580, T9.615, T9.655 and T9.700 — that range from 475 to 645 rated horsepower, the SmartTrax system ensures performance in a variety of terrains while enhancing overall operational performance and preserving the integrity of the field environment.

Cover More Ground, Fewer Stops

Speed and manoeuvrability are two of the biggest benefits operators will notice with the SmartTrax system. Coupling access to a range of different high horsepower T9 models and an increase in top vehicle speed for optimal efficiency, operators will see a remarkable improvement in road speed, now up to 25 mph. This ensures quicker and more efficient field-to-field transportation that helps keep every piece of the operation moving.

Offering flexibility for various applications, the T9 SmartTrax has multiple track belt options available. They include two width choices — 30-inch and 36-inch — and three different belt brands to choose from.

The model year 2025 T9 SmartTrax tractors now have 455 gallons of fuel capacity, which is 47% more than before. This improvement is due to the SmartTrax system’s design, which has a lower profile on the tractor than the fuel tank and contributes to extended run time and fewer refuelling stops.

The T9 SmartTrax has swinging cab entry steps that pivot as the tractor is articulated, making it easier to enter and exit the cab. It also comes with warranty coverage, including up to five years on select belts, to provide customers with added peace of mind.

“Productivity is central to the T9 SmartTrax. With this system, we’re putting in place unmatched track performance that’s cutting down on non-productive tractor time, like field-to-field movement and breaks to refuel, to maximize operator efficiency in the field and minimize time spent on the job.”

concludes Paul.

Source: New Holland

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Mahindra reported an operating profit of $388.7 million, down 64.5% from $1.1 billion in the previous fiscal year. The company reported a total loss of $48.3 million, compared to a profit of $904.4 million in fiscal year 2019.

Equipment Sales

Mahindra’s Farm Equipment Sector recorded total sales of 301,915 tractors (domestic + export) in fiscal year 2020 against 330,436 tractors sold in the previous year, registering a decline of 8.6%. This includes 2,988 tractors sold under the Trakstar brand, which is the third brand of Mahindra under the subsidiary Gromax Agri Equipment Ltd.

Source: Mahindra

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Market Competitive Analysis

The agricultural tractors market is concentrated. Market vendors are increasingly focusing on M&A activities to increase their share in the agricultural tractors market. J.C. Bamford Excavators Ltd., Kubota Corp., Mahindra & Mahindra Ltd., Tractors and Farm Equipment Ltd., and Yanmar Co. Ltd. are some of the major market participants. Although the introduction of driverless agricultural tractors will offer immense growth opportunities, the cyclical pattern of the agricultural industry will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this agricultural tractors market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and provides information on the products offered by various companies. Moreover, this agricultural tractors market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• AGCO Corp.
• Alamo Group Inc.
• CLAAS KGaA mbH
• CNH Industrial NV
• Deere & Co.
• J.C. Bamford Excavators Ltd.
• Kubota Corp.
• Mahindra & Mahindra Ltd.
• Tractors and Farm Equipment Ltd.
• Yanmar Co. Ltd.

Agricultural Tractor Market: Segmentation by Region

APAC was the largest agricultural tractors market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The high focus on increasing farm yields and productivity and the availability of technologically advanced agricultural tractors will significantly influence agricultural tractors market growth in this region.

Almost 72% of the market’s growth will originate from APAC during the forecast period. India, China, and Japan are the key markets for agricultural tractors in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Agricultural Tractors Market: Segmentation by Engine Capacity

The high fuel efficiency offered by low power agricultural tractors has boosted its popularity among small and mid-sized farmers. The demand for low-powered agricultural tractors is especially high in regions with fragmented pieces of agricultural land.

Market growth in this segment will be faster than the growth of the market in the mid-power and high power segments. This report provides an accurate prediction of the contribution of all the segments to the growth of the agricultural tractors market size.

Agricultural Tractors Market: Key Drivers and Trends

The introduction of driverless agricultural tractors will be a significant factor driving the growth of the agricultural tractors market. The increasing focus on technological innovations has helped several leading companies to develop various versions of driverless agricultural tractors. For instance, robotic tractors developed by Yanmar, in collaboration with Hokkaido University, have in-built sensors that identify obstacles and prevent collisions. The speed of the tractor is optimized by an engine control unit (ECU) based on the operating conditions. Similarly, Autonomous Concept Vehicle developed by CASE IH includes technologies such as GPS trackers, radars, and cameras and can be operated and programmed using a table interface. The rising popularity of driverless tractors has also driven several startups, such as AutoNxt Automation Pvt Ltd, to invest in such ventures.

• Leading vendors are increasingly focusing on R&D and the development of new product designs to gain a competitive edge over their rivals.
• 9RX Series Tractor offered by Deere & Company has improved features such as parallel plane four-bar-linkage cab suspension that allows a smooth ride and eliminates unwanted bumps and vibrations.
• Semi-autonomous Novo 65 HP & 75 HP tractors developed by Mahindra & Mahindra are integrated with new technology and ergonomics.
• MAJOR HS80, offered by ZETOR, has innovative features such as enhanced operator’s view from the cabin and new locations of the lights illuminating a larger working area.
• The increasing availability of agricultural tractors with improved features, which is one of the critical agricultural market trends, will help in addressing various problems of farmers and increasing productivity with minimum inputs and cost-efficiency.
• During 2020-2024, the agricultural tractors market will grow at a CAGR of almost 4%.

Source: TechNavio

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The market is concentrated with few established vendors. The vendors in the market are constantly investing in new product development to meet the growing demand. Product launches also allow vendors in the market to expand their product portfolio, thereby increasing their market share. Kubota Corporation, Mahindra & Mahindra Ltd., Sonalika International Tractors Ltd., Tractors and Farm Equipment Ltd., and Yanmar Holdings Co. Ltd. are some of the major market participants.

Although the rising farm mechanization across the world will offer immense growth opportunities, the availability of used and rental equipment will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this agricultural compact tractor market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this agricultural compact tractor market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

• AGCO Corp.
• CNH Industrial NV
• Deere & Co.
• Doosan Corp.
• Escorts Ltd.
• Kubota Corp.
• Mahindra & Mahindra Ltd.
• Sonalika International Tractors Ltd.
• Tractors and Farm Equipment Ltd.
• Yanmar Holdings Co. Ltd.

Agricultural Compact Tractor Market: Segmentation by Region

APAC was the largest agricultural compact tractor market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. Growth in the agricultural sector, the need to increase agricultural productivity, rising labor scarcity, and high labor costs will significantly influence agricultural compact tractor market growth in this region.

62% of the market’s growth will originate from APAC during the forecast period. India, China, and Australia are the key markets for agricultural compact tractors in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Agricultural Compact Tractor Market: Segmentation by Engine Capacity

20-40 HP tractors require comparatively low capital investments, which makes them an affordable option for small and mid-sized farmers. This, along with their suitability for hilly or sloped regions and their lighter weight makes them an affordable option for small and mid-sized farmers and is driving the growth of 20-40 HP agricultural compact tractor market segment.

Market growth in this segment will be slower than the growth of the market in the below 20 HP segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the agricultural compact tractor market size.

Agricultural Compact Tractor Market: Key Drivers and Trends

The rising adoption of compact tractors by small-scale farmers is one of the primary factors driving agricultural compact tractor market growth. Compact tractors and mini tractors cost less as they are much smaller than the average tractor. Compact tractors are gaining wide popularity due to their lightweight as it allows crops like soya, cotton, and groundnut to be handled with care and reduce the damage to these delicate cash crops. Additionally, these agricultural compact tractors help farmers complete various tasks in the agricultural fields along with small farm implements, front-end loaders, and back-hoes. Such benefits fuel the demand for agricultural compact tractors.

The introduction of new products is one of the key agricultural compact tractor market trends, which will positively influence market growth. To capitalize on the market demand and to attract new customers, agricultural compact tractor vendors are launching similar products with improved features. As a result of such factors, the market will register a CAGR of over 4% during the forecast period.

Source: TechAvio

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