Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Agricultural Tractors procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Agricultural Tractors - Recent Price Trend

During the three years to 2017, the average price for agricultural tractors has been rising at an estimated annualized rate of 0.7%. This slow price growth is due to a variety of competing demand and input cost driver trends.Overall demand for agricultural tractors has risen during the past three years, due primarily to low interest rates and increased investment in farm machinery. For example,...

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Agricultural Tractors - Total Cost of Ownership

The total cost of ownership for agricultural tractors is low. There are some costs in addition to the original purchase price of the tractor that the buyer may incur. Regular repairs, maintenance and fuel costs are the most important additional expenditures when operating a tractor. Many tractors also require accessories or attachments to perform certain tasks, such as spreading fertilizer or...

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About this Report

This report is intended to assist buyers of new and used agricultural tractors. Agricultural tractors are used in a variety of activities, including plowing, tilling, planting, disking and harrowing. Tractors are also used to pull different types of equipment, such as forage equipment and hay tools. Agricultural tractors are typically used within the confines of a farm or other agricultural establishment, but can be driven on public roads as well. Agricultural tractors are produced by industrial equipment manufacturers of various sizes and sold to buyers through a network of authorized dealers. This report excludes tow tractors and any tractors not used in an agricultural setting.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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