Market Share of Vietnam Agricultural Tractor Industry
The Vietnamese agricultural tractor market is consolidated with the presence of global players in the country. Kubota, CLAAS, Yanmar, CNH Industrial, and VEAM are some of the major players operating in the industry. These companies are expanding their business activities by focusing on new product launches, partnerships, and investments. However, more than 70% of the tractors in Vietnam are imported for domestic use in agriculture.
Vietnam Agricultural Tractor Market Leaders
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CLAAS KGaA mbH
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Vietnam Engine and Agricultural Machinery Corporation
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Yanmar America Corporation
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Kubota Tractor Corporation
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CNH Industrial
*Disclaimer: Major Players sorted in no particular order
