Electric Farm Tractor Market Size, Share, Analysis, Applications, Growth Insight, and Future Forecast – 2028

The Electric Farm Tractor Market size is expected to grow at an annual average of CAGR 10% during the forecast period (2022-2028). An electric farm tractor is a tractor that uses an electric motor to get its driving power, unlike a conventional internal combustion engine. Electric farm tractors use a series of batteries to generate power and have fewer mechanical parts. Growing awareness of clean and sustainable agriculture is propelling the growth of the electric farm tractors market. Most farms worldwide are subsistence farms and are owned by small farmers. Small farmers are adopting small electric farm tractors for low power demand applications. In addition, the trend of consolidation of small farms and the acquisition of commercial farm owners is expected to increase the need for tractors and further drive sales of electric farm tractors. Electric motors have twice the torque, so they can pull heavier loads. A 60 hp tractor can do the work of a 120 hp diesel tractor. Moreover, the added advantages of low pollution and low maintenance cost of electric farm tractors unlike traditional tractors are the main advantages of electric farm tractors market.

The following segmentation are covered in this report:

By Application

• Tillage
• Seed Sowing
• Harvesting
• Others

By Type

• Light & Medium-duty Tractor
• Heavy-duty Tractor

Company Profile

• AGCO Corporation
• Deere and Company
• CLAAS KGaA mbH
• Kubota Corporation
• Escorts Limited
• Mahindra and Mahinadra
• Dongfend
• SOLECTRAC
• Caterpillar Inc.
• Yanmar Co. Ltd.
• C. Bamford Excavators Ltd. (JCB)

Scope of the report

The research study analyses the Electric Farm Tractor Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Electric Farm Tractor Market Report

• What was the Electric Farm Tractor Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Electric Farm Tractor Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Electric Farm Tractor Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.