Global Electric Farm Tractor

Global Electric Farm Tractor Market Research Report: Forecast (2021-2026)

By Tractor Type (Light, Medium Duty, Heavy Duty), By Drive Type (Two-Wheel, Four-Wheel), By Mode of Operation (Manual, Autonomous), By Battery Type (Lead Acid Battery, Lithium-Ion Battery), By Region Read more

  • Environment
  • Jun 2021
  • 254
  • ET55013

Market Overview

Electric farm tractors refer to the tractors that use an electric motor & batteries instead of a conventional internal combustion engine to obtain a drive.

According to MarkNtel Advisors’ research report, “Global Electric Farm Tractor Market Analysis, 2021,” the market is likely to grow at a CAGR of around 5.7% during 2021-26 due to the increasing awareness regarding sustainable and clean farming, mounting fuel prices and snowballing government initiatives to promote using clean technologies. Further, the demand for electric farm tractors among small farmers is significantly increasing owing to the low power consumed by the electric farm tractors, thereby propelling the overall market growth.

Report Coverage Details
Study Period Historical Data: 2016-19
Base Year: 2020
Forecast Period: 2021-26
CAGR 5.7%
Regions Covered North America: USA, Canada, Mexico
Europe: Germany, UK, France, Italy
Asia-Pacific: China, India, Japan, South Korea, Australia
South America: Brazil
Middle East & Africa:  GCC, South Africa
Key Companies Profiled John Deere, Alke, Escorts Limited, Motivo Engineering, Monarch Tractor, Mahindra and Mahindra, Solectrac, Fendt, Kubota Corporation
Unit Denominations USD Million/Billion

 

Impact of COVID-19

The sudden outbreak of the COVID-19 pandemic negatively impacted the growth of the Global Electric Farm Tractor Market. The imposition of the lockdown, movement restrictions, and shutdown of manufacturing units have disrupted the entire supply chain and affected the supply of farm equipment parts. In addition to this, the pandemic declined the new tractor sales and reduced the production capacity of electric farm tractors.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
    4. Market Definition
  2. Executive Summary
  3. Impact of COVID-19 on Global Electric Farm Tractor Market
  4. Global Electric Farm Tractor Market Regulations & Policy
  5. Global Electric Farm Tractor Market Trends & Insights
  6. Global Electric Farm Tractor Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis
  7. Global Electric Farm Tractor Market Hotspots & Opportunities
  8. Global Electric Farm Tractor Market Outlook, 2016- 2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
        1. Light
        2. Medium Duty
        3. Heavy Duty
      2. By Drive Type
        1. Two-Wheel
        2. Four-Wheel
      3. By Mode of Operation
        1. Manual
        2. Autonomous
      4. By Battery Type
        1. Lead Acid Battery
        2. Lithium Ion Battery
      5. By Region
        1. North America
        2. South America
        3. Europe
        4. Asia Pacific
        5. Middle East and Africa
      6. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
        3. Competitive Matrix
  9. North America Electric Farm Tractor Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
      2. By Drive Type
      3. By Mode of Operation
      4. By Battery Type
      5. By Country
        1. The U.S.
        2. Canada
        3. Mexico
    3. The U.S. Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    4. Canada Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    5. Mexico Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
  10. South America Electric Farm Tractor Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
      2. By Drive Type
      3. By Mode of Operation
      4. By Battery Type
      5. By Country
        1. Brazil
        2. Others
    3. Brazil Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
  11. Europe Electric Farm Tractor Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
      2. By Drive Type
      3. By Mode of Operation
      4. By Battery Type
      5. By Country
        1. The U.K.
        2. Germany
        3. France
        4. Italy
        5. Others
    3. The U.K. Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    4. Germany Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    5. France Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    6. Italy Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
  12. Asia-Pacific Electric Farm Tractor Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
      2. By Drive Type
      3. By Mode of Operation
      4. By Battery Type
      5. By Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Others
    3. China Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    4. India Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    5. Japan Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    6. South Korea Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    7.  Australia Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
  13. Middle East and Africa Electric Farm Tractor Market Outlook, 2016-2026F
    1. Market Size & Analysis
      1. By Revenues
      2. By Units Sold
    2. Market Share & Analysis
      1. By Tractor Type
      2. By Drive Type
      3. By Mode of Operation
      4. By Battery Type
      5. By Country
        1. GCC
        2. South Africa
        3. Others
    3. GCC Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
    4. South Africa Electric Farm Tractor Market Outlook, 2016-2026F
      1. Market Size & Analysis
        1. By Revenues
        2. By Units Sold
      2. Market Share & Analysis
        1. By Tractor Type
        2. By Drive Type
  14. Key Strategic Imperatives for Success and Growth
  15. Competition Outlook (Whichever Applicable)
    1. Competition Matrix
      1. Brand Specialization
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles
      1. John Deere
      2. Alke
      3. Escorts Limited
      4. Motivo Engineering
      5. Monarch Tractor
      6. Mahindra and Mahindra
      7. Solectrac
      8. Fendt
      9. Kubota Corporation
  16. Disclaimer
Global Electric Farm Tractor Market Segmentation
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