Agricultural Tractor Market Development

It shows that in 2010, China's agricultural tractor market ran smoothly and showed many new characteristics. The total industrial output value and sales revenue reached 34.813 billion yuan and 40.023 billion yuan respectively. At the same time, the export delivery value continues to maintain a strong growth momentum, and the domestic large and medium-sized tractor market demand continues to run at a high level, but the growth rate is slowing down, and the demand continues to extend in the direction of high horsepower; The small tractor market continues to climb at double-digit rates.
On the other hand, the market demand in various regions is unbalanced, brand competition is becoming increasingly fierce, and market concentration is further improved. However, compared with developed agricultural countries and regions such as Europe and the United States, it is far from reaching the level of demand saturation. In addition, the backward product structure and performance are common problems in China's tractor products, and the technical level needs to be improved; At the same time, the quality problems caused by the chaotic market and the disorderly competition of enterprises have also exposed the quality of China's tractor products that need to be improved.
According to the requirements of the State Council on accelerating the sound and rapid development of agricultural mechanization industry, by 2020, China's crop cultivation and comprehensive agricultural mechanization rate should reach more than 65%. That is to say, there is still a big gap between the development of China's agricultural machinery industry and the requirements of the national agricultural mechanization development strategy. As the power source of agricultural machinery products, tractors still have a lot of market demand.