Market Overview of the Electric Farm Tractors Market:

The global electric farm tractor market size was valued at USD 146.52 million in 2022. It is projected to reach USD 337.66 million by 2030, growing at a CAGR of 11% during the forecast period (2023–2030).

Electric vehicles' popularity isn't limited to roads or driveways; there has been a significant increase in demand for electric vehicles in a variety of industries. The introduction of electric vehicles has reshaped the farming industry. Farmers are making the most of the new resources available to them as electric vehicles become more accessible to them around the world. To keep farmland in good working order, a large amount of machinery and equipment is required. Even a small farm can cover a lot of ground, so farmers must first and foremost rely on vehicles to get around the farmland. Electric utility vehicles are becoming increasingly popular among landowners of all types. Quad bikes or buggies are commonly used to navigate large estates or farms, but they have significant drawbacks when compared to electric vehicles. The latter, on the other hand, produces less noise, costs less to operate, and is generally thought to pose fewer safety concerns. Electric tractors are cost-effective, which reduces agricultural operational expenses while increasing yield. Furthermore, electric farm tractors emit fewer pollutants and require less maintenance than conventional tractors thus, supporting the development of the electric farm tractors market over the forecasted period.

Electric Farm Tractors Market

Market Dynamics And Factors Of The Electric Farm Tractors Market

Drivers:

  • The growing demand of zero emission vehicles from the farming industry

Restraints:

  • High upfront investment may affect the adoption on a large scale

Opportunities:

  • Supportive government policies and development of cost effective tractors

Challenges:

  • Standards set by the government for the agricultural vehicles

Key Industry Developments In The Electric Farm Tractors Market

In September 2022, Ideanomics, a global company focused on accelerating the commercial adoption of electric vehicles (EV), announced that its subsidiary Solectrac is expanding its certified sales and dealer network at a rapid pace. Solectrac climate-smart tractors are now available in Hawaii, Maine, North Carolina, Pennsylvania, Tennessee, Texas, and West Virginia for the first time.

COVID-19 Impact On The Electric Farm Tractors Market

COVID-19's effects have significantly altered the business environment for 2020 and had a detrimental effect on both production and sales across the board for the automobile industry. The COVID-19 epidemic caused a significant blow to the global economy. Global sales of electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The growth of the Electric Farm Tractors business was adversely impacted by the drop in electric car sales. However, it is anticipated that future market acceptance would be favored by the economic recovery and governments gradually removing lockup restrictions.

Key Players For The Electric Farm Tractors Market

  • Yanmar Holdings Co. Ltd.
  • Ztractor
  • EcoFactor
  • Alke
  • Cummins Inc.
  • Escorts Limited
  • Fendt
  • Motivo Engineering
  • Solectrac Inc.
  • AutoNxt Automation Pvt. Ltd.
  • Deere & Company
  • Sonalika
  • Monarch Tractor
  • Kubota Corporation
  • Cellestial and Other Major Players.

Global Electric Farm Tractors Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 146.52 Mn

Forecast Period 2023-30 CAGR:

11%

Market Size in 2030:

USD 337.66 Mn

Segments Covered:

By Tractor type

  • Light Duty
  • Medium Duty
  • Heavy Duty

By Battery Type

  • Lithium-Ion Batteries
  • Lead-Acid Batteries

By Operation

  • Autonomous
  • Semi-autonomous
  • Manual

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Growing Demand Of Zero Emission Vehicles From The Farming Industry

Key Market Restraints:

  • High Upfront Investment May Affect The Adoption On A Large Scale

Key Opportunities:

  • Supportive Government Policies And Development Of Cost Effective Tractors

Companies Covered in the report:

  • Yanmar Holdings Co. Ltd., Ztractor, EcoFactor, Alke, Cummins Inc., Escorts Limited, Fendt, Motivo Engineering, Solectrac Inc., Other Major Players

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Tractor type
 3.2 By Battery Type
 3.3 By Operation

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Electric Farm Tractors Market by Tractor type
 5.1 Electric Farm Tractors Market Overview Snapshot and Growth Engine
 5.2 Electric Farm Tractors Market Overview
 5.3 Light Duty
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Light Duty: Geographic Segmentation
 5.4 Medium Duty
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Medium Duty: Geographic Segmentation
 5.5 Heavy Duty
  5.5.1 Introduction and Market Overview
  5.5.2 Historic and Forecasted Market Size (2016-2028F)
  5.5.3 Key Market Trends, Growth Factors and Opportunities
  5.5.4 Heavy Duty: Geographic Segmentation

Chapter 6: Electric Farm Tractors Market by Battery Type
 6.1 Electric Farm Tractors Market Overview Snapshot and Growth Engine
 6.2 Electric Farm Tractors Market Overview
 6.3 Lithium-Ion Batteries
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Lithium-Ion Batteries: Geographic Segmentation
 6.4 Lead-Acid Batteries
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Lead-Acid Batteries: Geographic Segmentation

Chapter 7: Electric Farm Tractors Market by Operation
 7.1 Electric Farm Tractors Market Overview Snapshot and Growth Engine
 7.2 Electric Farm Tractors Market Overview
 7.3 Autonomous
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Autonomous: Geographic Segmentation
 7.4 Semi-autonomous
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Semi-autonomous: Geographic Segmentation
 7.5 Manual
  7.5.1 Introduction and Market Overview
  7.5.2 Historic and Forecasted Market Size (2016-2028F)
  7.5.3 Key Market Trends, Growth Factors and Opportunities
  7.5.4 Manual: Geographic Segmentation

Chapter 8: Company Profiles and Competitive Analysis
 8.1 Competitive Landscape
  8.1.1 Competitive Positioning
  8.1.2 Electric Farm Tractors Sales and Market Share By Players
  8.1.3 Industry BCG Matrix
  8.1.4 Heat Map Analysis
  8.1.5 Electric Farm Tractors Industry Concentration Ratio (CR5 and HHI)
  8.1.6 Top 5 Electric Farm Tractors Players Market Share
  8.1.7 Mergers and Acquisitions
  8.1.8 Business Strategies By Top Players
 8.2 YANMAR HOLDINGS CO. LTD.
  8.2.1 Company Overview
  8.2.2 Key Executives
  8.2.3 Company Snapshot
  8.2.4 Operating Business Segments
  8.2.5 Product Portfolio
  8.2.6 Business Performance
  8.2.7 Key Strategic Moves and Recent Developments
  8.2.8 SWOT Analysis
 8.3 ZTRACTOR
 8.4 ECOFACTOR
 8.5 ALKE
 8.6 CUMMINS INC.
 8.7 ESCORTS LIMITED
 8.8 FENDT
 8.9 MOTIVO ENGINEERING
 8.10 SOLECTRAC INC.
 8.11 AUTONXT AUTOMATION PVT. LTD.
 8.12 DEERE & COMPANY
 8.13 SONALIKA
 8.14 MONARCH TRACTOR
 8.15 KUBOTA CORPORATION
 8.16 CELLESTIAL
 8.17 OTHER MAJOR PLAYERS

Chapter 9: Global Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 9.1 Market Overview
 9.2 Historic and Forecasted Market Size By Tractor type
  9.2.1 Light Duty
  9.2.2 Medium Duty
  9.2.3 Heavy Duty
 9.3 Historic and Forecasted Market Size By Battery Type
  9.3.1 Lithium-Ion Batteries
  9.3.2 Lead-Acid Batteries
 9.4 Historic and Forecasted Market Size By Operation
  9.4.1 Autonomous
  9.4.2 Semi-autonomous
  9.4.3 Manual

Chapter 10: North America Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 10.1 Key Market Trends, Growth Factors and Opportunities
 10.2 Impact of Covid-19
 10.3 Key Players
 10.4 Key Market Trends, Growth Factors and Opportunities
 10.4 Historic and Forecasted Market Size By Tractor type
  10.4.1 Light Duty
  10.4.2 Medium Duty
  10.4.3 Heavy Duty
 10.5 Historic and Forecasted Market Size By Battery Type
  10.5.1 Lithium-Ion Batteries
  10.5.2 Lead-Acid Batteries
 10.6 Historic and Forecasted Market Size By Operation
  10.6.1 Autonomous
  10.6.2 Semi-autonomous
  10.6.3 Manual
 10.7 Historic and Forecast Market Size by Country
  10.7.1 U.S.
  10.7.2 Canada
  10.7.3 Mexico

Chapter 11: Europe Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 11.1 Key Market Trends, Growth Factors and Opportunities
 11.2 Impact of Covid-19
 11.3 Key Players
 11.4 Key Market Trends, Growth Factors and Opportunities
 11.4 Historic and Forecasted Market Size By Tractor type
  11.4.1 Light Duty
  11.4.2 Medium Duty
  11.4.3 Heavy Duty
 11.5 Historic and Forecasted Market Size By Battery Type
  11.5.1 Lithium-Ion Batteries
  11.5.2 Lead-Acid Batteries
 11.6 Historic and Forecasted Market Size By Operation
  11.6.1 Autonomous
  11.6.2 Semi-autonomous
  11.6.3 Manual
 11.7 Historic and Forecast Market Size by Country
  11.7.1 Germany
  11.7.2 U.K.
  11.7.3 France
  11.7.4 Italy
  11.7.5 Russia
  11.7.6 Spain
  11.7.7 Rest of Europe

Chapter 12: Asia-Pacific Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Tractor type
  12.4.1 Light Duty
  12.4.2 Medium Duty
  12.4.3 Heavy Duty
 12.5 Historic and Forecasted Market Size By Battery Type
  12.5.1 Lithium-Ion Batteries
  12.5.2 Lead-Acid Batteries
 12.6 Historic and Forecasted Market Size By Operation
  12.6.1 Autonomous
  12.6.2 Semi-autonomous
  12.6.3 Manual
 12.7 Historic and Forecast Market Size by Country
  12.7.1 China
  12.7.2 India
  12.7.3 Japan
  12.7.4 Singapore
  12.7.5 Australia
  12.7.6 New Zealand
  12.7.7 Rest of APAC

Chapter 13: Middle East & Africa Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Tractor type
  13.4.1 Light Duty
  13.4.2 Medium Duty
  13.4.3 Heavy Duty
 13.5 Historic and Forecasted Market Size By Battery Type
  13.5.1 Lithium-Ion Batteries
  13.5.2 Lead-Acid Batteries
 13.6 Historic and Forecasted Market Size By Operation
  13.6.1 Autonomous
  13.6.2 Semi-autonomous
  13.6.3 Manual
 13.7 Historic and Forecast Market Size by Country
  13.7.1 Turkey
  13.7.2 Saudi Arabia
  13.7.3 Iran
  13.7.4 UAE
  13.7.5 Africa
  13.7.6 Rest of MEA

Chapter 14: South America Electric Farm Tractors Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Tractor type
  14.4.1 Light Duty
  14.4.2 Medium Duty
  14.4.3 Heavy Duty
 14.5 Historic and Forecasted Market Size By Battery Type
  14.5.1 Lithium-Ion Batteries
  14.5.2 Lead-Acid Batteries
 14.6 Historic and Forecasted Market Size By Operation
  14.6.1 Autonomous
  14.6.2 Semi-autonomous
  14.6.3 Manual
 14.7 Historic and Forecast Market Size by Country
  14.7.1 Brazil
  14.7.2 Argentina
  14.7.3 Rest of SA

Chapter 15 Investment Analysis

Chapter 16 Analyst Viewpoint and Conclusion

Global Electric Farm Tractors Market

Base Year:

2022

Forecast Period:

2023-2030

Historical Data:

2017 to 2022

Market Size in 2022:

USD 146.52 Mn

Forecast Period 2023-30 CAGR:

11%

Market Size in 2030:

USD 337.66 Mn

Segments Covered:

By Tractor type

  • Light Duty
  • Medium Duty
  • Heavy Duty

By Battery Type

  • Lithium-Ion Batteries
  • Lead-Acid Batteries

By Operation

  • Autonomous
  • Semi-autonomous
  • Manual

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • The Growing Demand Of Zero Emission Vehicles From The Farming Industry

Key Market Restraints:

  • High Upfront Investment May Affect The Adoption On A Large Scale

Key Opportunities:

  • Supportive Government Policies And Development Of Cost Effective Tractors

Companies Covered in the report:

  • Yanmar Holdings Co. Ltd., Ztractor, EcoFactor, Alke, Cummins Inc., Escorts Limited, Fendt, Motivo Engineering, Solectrac Inc., Other Major Players

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. ELECTRIC FARM TRACTORS MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. ELECTRIC FARM TRACTORS MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. ELECTRIC FARM TRACTORS MARKET COMPETITIVE RIVALRY
TABLE 005. ELECTRIC FARM TRACTORS MARKET THREAT OF NEW ENTRANTS
TABLE 006. ELECTRIC FARM TRACTORS MARKET THREAT OF SUBSTITUTES
TABLE 007. ELECTRIC FARM TRACTORS MARKET BY TRACTOR TYPE
TABLE 008. LIGHT DUTY MARKET OVERVIEW (2016-2028)
TABLE 009. MEDIUM DUTY MARKET OVERVIEW (2016-2028)
TABLE 010. HEAVY DUTY MARKET OVERVIEW (2016-2028)
TABLE 011. ELECTRIC FARM TRACTORS MARKET BY BATTERY TYPE
TABLE 012. LITHIUM-ION BATTERIES MARKET OVERVIEW (2016-2028)
TABLE 013. LEAD-ACID BATTERIES MARKET OVERVIEW (2016-2028)
TABLE 014. ELECTRIC FARM TRACTORS MARKET BY OPERATION
TABLE 015. AUTONOMOUS MARKET OVERVIEW (2016-2028)
TABLE 016. SEMI-AUTONOMOUS MARKET OVERVIEW (2016-2028)
TABLE 017. MANUAL MARKET OVERVIEW (2016-2028)
TABLE 018. NORTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY TRACTOR TYPE (2016-2028)
TABLE 019. NORTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY BATTERY TYPE (2016-2028)
TABLE 020. NORTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY OPERATION (2016-2028)
TABLE 021. N ELECTRIC FARM TRACTORS MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE ELECTRIC FARM TRACTORS MARKET, BY TRACTOR TYPE (2016-2028)
TABLE 023. EUROPE ELECTRIC FARM TRACTORS MARKET, BY BATTERY TYPE (2016-2028)
TABLE 024. EUROPE ELECTRIC FARM TRACTORS MARKET, BY OPERATION (2016-2028)
TABLE 025. ELECTRIC FARM TRACTORS MARKET, BY COUNTRY (2016-2028)
TABLE 026. ASIA PACIFIC ELECTRIC FARM TRACTORS MARKET, BY TRACTOR TYPE (2016-2028)
TABLE 027. ASIA PACIFIC ELECTRIC FARM TRACTORS MARKET, BY BATTERY TYPE (2016-2028)
TABLE 028. ASIA PACIFIC ELECTRIC FARM TRACTORS MARKET, BY OPERATION (2016-2028)
TABLE 029. ELECTRIC FARM TRACTORS MARKET, BY COUNTRY (2016-2028)
TABLE 030. MIDDLE EAST & AFRICA ELECTRIC FARM TRACTORS MARKET, BY TRACTOR TYPE (2016-2028)
TABLE 031. MIDDLE EAST & AFRICA ELECTRIC FARM TRACTORS MARKET, BY BATTERY TYPE (2016-2028)
TABLE 032. MIDDLE EAST & AFRICA ELECTRIC FARM TRACTORS MARKET, BY OPERATION (2016-2028)
TABLE 033. ELECTRIC FARM TRACTORS MARKET, BY COUNTRY (2016-2028)
TABLE 034. SOUTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY TRACTOR TYPE (2016-2028)
TABLE 035. SOUTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY BATTERY TYPE (2016-2028)
TABLE 036. SOUTH AMERICA ELECTRIC FARM TRACTORS MARKET, BY OPERATION (2016-2028)
TABLE 037. ELECTRIC FARM TRACTORS MARKET, BY COUNTRY (2016-2028)
TABLE 038. YANMAR HOLDINGS CO. LTD.: SNAPSHOT
TABLE 039. YANMAR HOLDINGS CO. LTD.: BUSINESS PERFORMANCE
TABLE 040. YANMAR HOLDINGS CO. LTD.: PRODUCT PORTFOLIO
TABLE 041. YANMAR HOLDINGS CO. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 041. ZTRACTOR: SNAPSHOT
TABLE 042. ZTRACTOR: BUSINESS PERFORMANCE
TABLE 043. ZTRACTOR: PRODUCT PORTFOLIO
TABLE 044. ZTRACTOR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 044. ECOFACTOR: SNAPSHOT
TABLE 045. ECOFACTOR: BUSINESS PERFORMANCE
TABLE 046. ECOFACTOR: PRODUCT PORTFOLIO
TABLE 047. ECOFACTOR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 047. ALKE: SNAPSHOT
TABLE 048. ALKE: BUSINESS PERFORMANCE
TABLE 049. ALKE: PRODUCT PORTFOLIO
TABLE 050. ALKE: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 050. CUMMINS INC.: SNAPSHOT
TABLE 051. CUMMINS INC.: BUSINESS PERFORMANCE
TABLE 052. CUMMINS INC.: PRODUCT PORTFOLIO
TABLE 053. CUMMINS INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 053. ESCORTS LIMITED: SNAPSHOT
TABLE 054. ESCORTS LIMITED: BUSINESS PERFORMANCE
TABLE 055. ESCORTS LIMITED: PRODUCT PORTFOLIO
TABLE 056. ESCORTS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. FENDT: SNAPSHOT
TABLE 057. FENDT: BUSINESS PERFORMANCE
TABLE 058. FENDT: PRODUCT PORTFOLIO
TABLE 059. FENDT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. MOTIVO ENGINEERING: SNAPSHOT
TABLE 060. MOTIVO ENGINEERING: BUSINESS PERFORMANCE
TABLE 061. MOTIVO ENGINEERING: PRODUCT PORTFOLIO
TABLE 062. MOTIVO ENGINEERING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. SOLECTRAC INC.: SNAPSHOT
TABLE 063. SOLECTRAC INC.: BUSINESS PERFORMANCE
TABLE 064. SOLECTRAC INC.: PRODUCT PORTFOLIO
TABLE 065. SOLECTRAC INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. AUTONXT AUTOMATION PVT. LTD.: SNAPSHOT
TABLE 066. AUTONXT AUTOMATION PVT. LTD.: BUSINESS PERFORMANCE
TABLE 067. AUTONXT AUTOMATION PVT. LTD.: PRODUCT PORTFOLIO
TABLE 068. AUTONXT AUTOMATION PVT. LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. DEERE & COMPANY: SNAPSHOT
TABLE 069. DEERE & COMPANY: BUSINESS PERFORMANCE
TABLE 070. DEERE & COMPANY: PRODUCT PORTFOLIO
TABLE 071. DEERE & COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. SONALIKA: SNAPSHOT
TABLE 072. SONALIKA: BUSINESS PERFORMANCE
TABLE 073. SONALIKA: PRODUCT PORTFOLIO
TABLE 074. SONALIKA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. MONARCH TRACTOR: SNAPSHOT
TABLE 075. MONARCH TRACTOR: BUSINESS PERFORMANCE
TABLE 076. MONARCH TRACTOR: PRODUCT PORTFOLIO
TABLE 077. MONARCH TRACTOR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. KUBOTA CORPORATION: SNAPSHOT
TABLE 078. KUBOTA CORPORATION: BUSINESS PERFORMANCE
TABLE 079. KUBOTA CORPORATION: PRODUCT PORTFOLIO
TABLE 080. KUBOTA CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. CELLESTIAL: SNAPSHOT
TABLE 081. CELLESTIAL: BUSINESS PERFORMANCE
TABLE 082. CELLESTIAL: PRODUCT PORTFOLIO
TABLE 083. CELLESTIAL: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 084. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 085. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 086. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. ELECTRIC FARM TRACTORS MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. ELECTRIC FARM TRACTORS MARKET OVERVIEW BY TRACTOR TYPE
FIGURE 012. LIGHT DUTY MARKET OVERVIEW (2016-2028)
FIGURE 013. MEDIUM DUTY MARKET OVERVIEW (2016-2028)
FIGURE 014. HEAVY DUTY MARKET OVERVIEW (2016-2028)
FIGURE 015. ELECTRIC FARM TRACTORS MARKET OVERVIEW BY BATTERY TYPE
FIGURE 016. LITHIUM-ION BATTERIES MARKET OVERVIEW (2016-2028)
FIGURE 017. LEAD-ACID BATTERIES MARKET OVERVIEW (2016-2028)
FIGURE 018. ELECTRIC FARM TRACTORS MARKET OVERVIEW BY OPERATION
FIGURE 019. AUTONOMOUS MARKET OVERVIEW (2016-2028)
FIGURE 020. SEMI-AUTONOMOUS MARKET OVERVIEW (2016-2028)
FIGURE 021. MANUAL MARKET OVERVIEW (2016-2028)
FIGURE 022. NORTH AMERICA ELECTRIC FARM TRACTORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. EUROPE ELECTRIC FARM TRACTORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. ASIA PACIFIC ELECTRIC FARM TRACTORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. MIDDLE EAST & AFRICA ELECTRIC FARM TRACTORS MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. SOUTH AMERICA ELECTRIC FARM TRACTORS MARKET OVERVIEW BY COUNTRY (2016-2028)

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Frequently Asked Questions :

What would be the forecast period in the Electric Farm Tractors Market research report?

The forecast period in the Electric Farm Tractors Market research report is 2023-2030.

Who are the key players in Electric Farm Tractors Market?

Yanmar Holdings Co. Ltd., Ztractor, EcoFactor, Alke, Cummins Inc., Escorts Limited, Fendt, Motivo Engineering, Solectrac Inc., AutoNxt Automation Pvt. Ltd., Deere & Company, Sonalika, Monarch Tractor, Kubota Corporation, Cellestial, and Other Major Players.

What are the segments of the Electric Farm Tractors Market?

The Electric Farm Tractors Market is segmented into Tractor type, Battery Type, Operation, and region. By Tractor type, the market is categorized into Light Duty, Medium Duty, and Heavy Duty. By Battery Type, the market is categorized into Lithium-Ion Batteries, and Lead-Acid Batteries. By Operation, the market is categorized into Autonomous, Semi-autonomous, and Manual. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Electric Farm Tractors Market?

Quad bikes or buggies are commonly used to navigate large estates or farms, but they have significant drawbacks when compared to electric vehicles. The latter, on the other hand, produces less noise, costs less to operate, and is generally thought to pose fewer safety concerns. Electric tractors are cost-effective, which reduces agricultural operational expenses while increasing yield. Furthermore, electric farm tractors emit fewer pollutants and require less maintenance than conventional tractors.

How big is the Electric Farm Tractors Market?

The global electric farm tractor market size was valued at USD 146.52 million in 2022. It is projected to reach USD 337.66 million by 2030, growing at a CAGR of 11% during the forecast period (2023–2030).