Indonesia Used Tractor Market Outlook to 2027 Driven By Remote Monitoring Technologies, Farm Mechanization and Dominated by Low Engine Power Tractors

Indonesia Used Tractor Market Outlook to 2027 Driven By Remote Monitoring Technologies, Farm Mechanization and Dominated by Low Engine Power Tractors

The report provides a comprehensive analysis of the potential of Used Tractor industry in Indonesia. The report covers an overview and genesis of the industry, market size in terms of revenue generated.

Its market segmentations include segmentation by Power, Price, Purpose and Usage; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview

According to Ken Research estimates, the Indonesia Used Tractor Market – The Indonesia Used Tractor Market has grown at a CAGR of 0.7% over the last four years owing to small land holding size, poor access to credit & financial institutions and deteriorating resource base are obstructing the growth of Used Tractors.

Demand for lower HP tractors is high due to the low disposable income of farmers and high labor costs. One of the features of low HP tractor is that it can be used in small farms and gardens

Such tractors also allow farmers to work during low visibility field conditions during rain, dust, and fog and maximize efficiency making farming more accurate and productive

Key Trends by Market Segment:

By of Type Purpose:

Indonesian agricultural sector witnessed an upward trajectory, from subsistence & mixed farming towards semi-commercial & commercial farming thus, driving demand for 4W tractors in the country

By Region:

Majority of the farming population is located in Java, with East Java having the highest number of farm households in the Java region.

Competitive Landscape:

The used tractor market is consolidated market with Kubota as the market leader with 50% market share (basis number of tractors sold). Other companies have comparatively lower market share while the market is being highly dominated by only a few companies.

Some of the major players in the market include John Dee, New Holland, Kubota, Yanmar, and others.

Future Outlook

The Indonesia Used Tractor Market witnessed significant growth during the period 2017-2022, owing to demand for lower HP tractors is high due to the low disposable income of farmers and high labour costs. One of the features of low HP tractor is that it can be used in small farms and gardens.

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