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The Tractor Market Is Declining in 2023, But The Industry Is Experiencing New Development

Views: 15     Author: PEAK     Publish Time: 2023-07-11      Origin: Qingxianlaonong

From sales data, there are 246 tractor production enterprises in 2022. 2023 is the first year of switching to National IV, but due to market overdraft in the previous year, tractor subsidy standards continue to be reduced, and users have a strong wait-and-see attitude towards National IV agricultural machinery, the market has shown a significant decline. In the context of market downturn, similar voices continue to emerge in the industry, such as "the tractor industry needs to shuffle" and "companies lacking competitive advantages have to switch careers or close down". From what we saw and heard at the autumn exhibition, it can be seen that the tractor industry is not so pessimistic, but has undergone new changes.

More powerful enterprises are joining the tractor production line, adding vitality to the industry and once again exacerbating the already fierce industry competition. According to media reports, there are more than 30 newly entered enterprises. At the exhibition, I saw that DeWo Agricultural Machinery, a high-end planter in the field, brought 2004 tractors and directly joined the competition in the high-end market of tractors with over 200 horsepower. Zhejiang Xinglai, the leading enterprise of domestically produced high-speed rice transplanters, has brought a micro tractor equipped with its own engine, with a matching power of 20-30 horsepower, suitable for agricultural production in hilly and mountainous areas. Shandong Jindafeng, which has been cultivating corn harvesters for many years, has launched a 100 horsepower wheeled tractor.

The new technological path is clearer, and power shift tractors have entered the "popular" channel. Multiple enterprises have increased their investment in new energy tractors, and tractors in hilly and mountainous areas are developing rapidly. Some people say that whether a technology can "become popular" depends not only on the companies in the first camp, but also on whether the companies in the second camp are starting to decline.

Previously, based on sales data, we have counted the track of power shift tractors, and 16 companies have entered (in the field of power shift tractors, 16 companies have already entered). This time, other companies have also brought power shift tractors to the exhibition, and power shift tractors have officially opened the "popular" channel.

Enterprises such as Dongfanghong, Lovol, Zoomlion Heavy Industries, Kaisnew Netherlands, Aiko, and John Deere, needless to say, all carry their own main power shift and continuously variable transmission tractor models. Many second tier companies have also showcased their own power shift tractors. Anhui Legend showcased the 2004 and 2604 power shift tractors, which are two power shift tractors that use the EGR route without burning urea.

The new energy tractor, which was originally in the discussion and conceptual stage, also made a concentrated appearance at the exhibition. At the exhibition site, about a dozen companies brought hybrid and pure electric tractors. The concentrated debut of new energy tractors has prompted industry insiders to say that this year has become the first year of new energy agricultural machinery.

China Yituo unveiled the first 220 horsepower hybrid tractor in China at the exhibition site. This product can intelligently collaborate with other agricultural tools, with continuously variable speeds ranging from 0 to 40km/h, improving work efficiency, control accuracy, and handling comfort. It is mainly used for deep plowing, deep loosening, joint land preparation, and transportation in large-scale farms.

Zoomlion Heavy Industries also held a new product launch event and launched China's first new energy agricultural machinery, the CA504ET pure electric tractor, which has entered the practical application stage. The new face of the agricultural machinery industry - Zhongke Original Power - held a new product launch event for the Wantu VOLTOR intelligent electric tractor. Jiangsu Yueda launched the Huanghai Jinma YL254ET electric wheeled tractor as early as 2021.

In addition, Liugong, Yingxuan, Shandong Wuzheng, Wode, and others have all launched oil electric hybrid E-CVT tractors based on the Yuchai power chassis assembly. The launch of new energy tractors is of great significance in promoting the transformation and upgrading of China's agricultural machinery equipment to green and intelligent agricultural machinery equipment.

Rapid development of tractors in hilly and mountainous areas

This year, the country proposed a "one large and one small" agricultural machinery equipment research and development and manufacturing strategy, focusing on solving the shortcomings of large-scale high-power high-end intelligent agricultural machinery equipment and small machinery suitable for hilly and mountainous areas.

From this exhibition of tractors, it can be seen that many enterprises are working hard to solve the problem of "inorganic availability and no good machinery available" in hilly and mountainous areas, and tractors in hilly and mountainous areas have experienced rapid development. There are no less than ten companies that have brought agricultural machinery developed specifically for hilly and mountainous areas.

The CB503 wheeled hybrid tractor presented at the new product launch event of Zoomlion Heavy Industries is a hilly and mountainous tractor developed to address the bottleneck problem of limited agricultural machinery equipment and low intelligence in southern China.

China Yituo showcased the Dongfanghong MH804M hilly and mountainous tractor. The manufacturer introduced that this tractor has unparalleled advantages in stability, passability, steering flexibility, safety, and other aspects of hilly and mountainous operations compared to ordinary tractors. It is particularly suitable for special working environments such as hilly and mountainous areas, sloping farmland, and orchards.

From the tractors exhibited this time, the technological path of power shifting, continuously variable transmission, and new energy tractors is clearer; At the same time, there has been a significant increase in the supply of agricultural machinery products from large and small enterprises, including models of 250 and above heavy-duty tractors in hilly and mountainous areas. Considering the diversified demands of China's agricultural machinery market, the emergence of new technological routes and products does not necessarily mean the rapid decline of old technologies and products. In the long future, various technological routes will coexist and develop to meet the needs of various agricultural production.


Weifang bene-farm

Weifang bene-farm International Trade Co., Ltd. is mainly engaged in the business of agricultural machinery, engineering machinery and related parts.

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