The Electric Tractors Market is expected to reach $857 million by 2031, at a CAGR of 7.7% from 2024–2031. By Volume, this market is expected to reach 47.4 thousand units by 2030, at a CAGR of 9.2% from 2024–2031. The growth of the electric tractors market is driven by increasing government initiatives supporting the agriculture sector, increasing investments by leading automotive OEMs, and rising environmental concerns. However, the high initial investments and lack of adequate EV charging infrastructure restrain the growth of this market.
Furthermore, the growing adoption of precision farming techniques and growing scope in emerging economies are expected to offer significant growth opportunities for players operating in the electric tractors market. However, the range anxiety among consumers and the lack of reliable performance in heavy-duty applications may hinder the growth of this market.
Governments around the world are implementing policies and regulations to support EV adoption. Financial incentives, such as tax credits and rebates, are being offered to encourage consumers to purchase electric tractors, and supporting initiatives in the agriculture sector help to deploy the growth of the electric tractors market. These incentives are helping reduce the upfront costs of various equipments and electric tractors in agriculture, making them more affordable for consumers. For instance, in December 2023, the Ministry of Agriculture in India played a pivotal role in enhancing the nation's agrarian output and ensuring food security. Recognizing the challenges faced by farmers, it has launched numerous schemes to promote sustainable farming and boost productivity. Initiatives like the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) provide direct income support, while the Rashtriya Krishi Vikas Yojana (RKVY) aims for holistic agricultural growth. The National Food Security Mission (NFSM) focuses on increasing staple food production. Each scheme, meticulously designed, reflects the Ministry's commitment to transforming India's agricultural landscape and empowering its farming community.
Additionally, various governments have launched different initiatives in the development of the electric tractors market. For instance, in January 2024, the Government of India allocated USD 3,183 million (INR 2,64,000 million) for Phase III of the FAME Scheme (FAME-III). Out of this, USD 24 million (INR 2,000 million) is allocated to support the adoption of electric tractors in India. Additionally, to create interest in people for electric tractors, the government has made them cheaper with Goods and Services Tax (GST) and insurance discounts, which are as follows:
In July 2022, the Energy Department in the U.S. announced that they would spend USD 96 million to reduce emissions by pushing forward the technology and charging infrastructure needed to electrify tractors, construction equipment, planes, trains, boats, and other off-road vehicles. The funding will also be focused on alternative fuels, which could further reduce emissions. Such factors help to deploy the growth of the market during the forecast period.
Click here to: Get Free Sample Pages of this Report
Based on type, the global electric tractors market is segmented into utility tractors, compact tractors, row crop tractors, industrial tractors, and other vehicle types. The industrial tractors segment is projected to register the highest CAGR during the forecast period. The growth of this segment is driven by various factors, such as electric tractors producing zero tailpipe emissions, helping industries meet environmental regulations, and reducing their carbon footprint. Additionally, electric tractors are charged with using a variety of energy sources, allowing industries to diversify and choose cleaner and more sustainable energy options, reducing dependency on fossil fuels.
Based on propulsion type, the global electric tractors market is segmented into battery electric tractors and hybrid electric tractors. The hybrid electric tractors segment is sub-segmented into pure hybrid electric tractors and plug-in hybrid electric tractors. The battery electric tractors segment is projected to register the highest CAGR during the forecast period due to the increasingly stringent emission standards, rising demand for increased fuel efficiency, growing demand for zero-emission vehicles, and a continuous reduction in battery prices.
Based on battery capacity, the global electric tractors market is segmented into less than 15 kW, 15 kW to 40 kW, and more than 40 kW. The 15kW to 40 kW segment is projected to register the highest CAGR during the forecast period due to the increasing adoption of electric tractors for heavy load applications, the increasing number of favorable policies, incentives, and subsidies by several state governments, and the rising adoption of electric mobility in emerging economies.
Based on power output, the global electric tractors market is segmented into less than 30HP, 30HP to 80HP, and more than 80HP. The 30HP to 80HP segment is projected to register the highest CAGR during the forecast period due to various factors, as the 30HP to 80HP range is well-suited for small and medium-sized farms. These tractors can handle a variety of tasks like plowing, tilling, and seeding, making them a versatile option for farmers and the increasing number of favorable policies, incentives, and subsidies by several state governments.
Based on application, the global electric tractors market is segmented into agriculture, construction, logistics, airports, railways, commercial spaces, factories, and other applications. The factories segment is projected to register the highest CAGR during the forecast period due to the various factors as various state and regional governments offering incentives, such as tax breaks and subsidies, to encourage the adoption of electric vehicles, including EV tractors. These incentives can significantly reduce the upfront cost of purchasing an EV tractor, making them more attractive to various applications in factories.
Europe to be the Fastest-growing Regional Market
Based on geography, the electric tractors market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. Europe is projected to record the highest CAGR during the forecast period. The high growth of the market in the European region is majorly attributed to the increasing adoption of electric mobility in emerging economies, supportive government subsidies & tax rebates for promoting EVs, the growing adoption of autonomous delivery vehicles, and the increasing adoption of electric tractors for agriculture and commercial spaces services.
The report includes a competitive landscape based on an extensive assessment of the key growth strategies adopted by leading players over the past three-four years. The key players operating in the global electric tractors market include Solectrac Inc. (U.S.), Deere & Company (U.S.), Escorts Kubota Limited (India), Alkè s.r.l (Italy), Yanmar Holdings Co. Ltd. (Japan), AGCO Corporation (U.S.), CLAAS KGaA mbH (Germany), Mahindra & Mahindra Limited (India), Dongfeng Motor Corporation Ltd. (China), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), AutoNxt Automation Pvt. Ltd. (India), Motivo Engineering (U.S.), Monarch Tractor (U.S.), Ztractor Inc (U.S.).
|
Particular |
Details |
|
Number of Pages |
250 |
|
Format |
|
|
Forecast Period |
2024–2031 |
|
Base Year |
2023 |
|
CAGR (Value) |
7.7% |
|
Estimated Market Size (Value) |
$857 million by 2031 |
|
CAGR (Volume) |
9.2% |
|
Estimated Market Size (Volume) |
$47.4 thousand units by 2031 |
|
Segments Covered |
By Type
By Propulsion Type
By Battery Capacity
By Power Output
By Application
By Geography
|
|
Countries Covered |
North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), Latin America, and Middle East & Africa |
|
Key Companies |
Solectrac Inc. (U.S.), Deere & Company (U.S.), Escorts Kubota Limited (India), Alkè s.r.l (Italy), Yanmar Holdings Co. Ltd. (Japan), AGCO Corporation (U.S.), CLAAS KGaA mbH (Germany), Mahindra & Mahindra Limited (India), Dongfeng Motor Corporation Ltd. (China), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), AutoNxt Automation Pvt. Ltd. (India), Motivo Engineering (U.S.), Monarch Tractor (U.S.), Ztractor Inc (U.S.) |
The global electric tractors market is projected to reach $857 million by 2031, at a CAGR of 7.7% from 2024–2031.
In 2024, the utility tractors segment is expected to account for the largest share of the global electric tractors market. The growth of this segment is attributed to various factors, as electric tractors are more energy-efficient than traditional tractors, eliminate tailpipe emissions, contribute significantly to cleaner air, and mitigate climate change impact. Also, compared to diesel tractors, EV tractors operate much quieter, improving noise pollution levels in work environments and surrounding communities.
The growth of the electric tractors market is driven by increasing government initiatives supporting the agriculture sector, increasing investments by leading automotive OEMs, and rising environmental concerns.
Furthermore, the growing adoption of precision farming techniques and growing scope in emerging economies are expected to offer significant growth opportunities for players operating in the electric tractors market.
The key players operating in the global electric tractors market include Solectrac Inc. (U.S.), Deere & Company (U.S.), Escorts Kubota Limited (India), Alkè s.r.l (Italy), Yanmar Holdings Co. Ltd. (Japan), AGCO Corporation (U.S.), CLAAS KGaA mbH (Germany), Mahindra & Mahindra Limited (India), Dongfeng Motor Corporation Ltd. (China), Caterpillar Inc. (U.S.), Cummins Inc. (U.S.), AutoNxt Automation Pvt. Ltd. (India), Motivo Engineering (U.S.), Monarch Tractor (U.S.), Ztractor Inc (U.S.).
This report provides pre & post COVID-19 market estimates.
1. Introduction
1.1. Market Definition & Scope
1.2. Currency & Limitations
1.2.1. Currency
1.2.2. Limitations
2. Research Methodology
2.1. Research Approach
2.2. Data Collection & Validation Process
2.2.1. Secondary Research
2.2.2. Primary Research/Interviews with Key Opinion Leaders from the Industry
2.3. Market Sizing and Forecasting
2.3.1. Market Size Estimation Approach
2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
3. Executive Summary
3.1. Overview
3.2. Market Analysis, by Type
3.3. Market Analysis, by Propulsion Type
3.4. Market Analysis, by Battery Capacity
3.5. Market Analysis, by Power Output
3.6. Market Analysis, by Application
3.7. Market Analysis, by Geography
3.8. Competitive Analysis
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Drivers
4.2.1.1. Increasing Government Initiatives Supporting the Agriculture Sector
4.2.1.2. Increasing Investments by Leading Automotive OEMs
4.2.1.3. Rising Environmental Concerns
4.2.2. Restraints
4.2.2.1. High Initial Investments
4.2.2.2. Lack of Adequate EV Charging Infrastructure
4.2.3. Opportunities
4.2.3.1. Growing Adoption of Precision Farming Techniques
4.2.3.2. Growing Scope in Emerging Economies
4.2.4. Challenges
4.2.4.1. Range Anxiety Among Consumers
4.2.4.2. Lack of Reliable Performance in Heavy-Duty Applications
4.2.5. Trends
4.3. Value Chain Analysis
4.4. Case Studies
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Buyers
4.5.2. Bargaining Power of Suppliers
4.5.3. Threat of Substitutes
4.5.4. Threat of New Entrants
4.5.5. Degree of Competition
5. Electric Tractors Market Assessment—by Type
5.1. Overview
5.2. Utility Tractors
5.3. Compact Tractors
5.4. Row Crop Tractors
5.5. Industrial Tractors
5.6. Other Vehicle Types
6. Electric Tractors Market Assessment—by Propulsion Type
6.1. Overview
6.2. Battery Electric Tractors
6.3. Hybrid Electric Tractors
6.3.1. Pure Hybrid Electric Tractors
6.3.2. Plug-in Hybrid Electric Tractors
7. Electric Tractors Market Assessment—by Battery Capacity
7.1. Overview
7.2. Less than 15 kW
7.3. 15kW to 40 kW
7.4. More than 40 kW
8. Electric Tractors Market Assessment—by Power Output
8.1. Overview
8.2. Less than 30HP
8.3. 30HP to 80HP
8.4. More than 80HP
9. Electric Tractors Market Assessment—by Application
9.1. Overview
9.2. Agriculture
9.3. Constructions
9.4. Logistics
9.5. Airports
9.6. Railways
9.7. Commercial Spaces
9.8. Factories
9.9. Other Applications
10. Electric Tractors Market Assessment—by Geography
10.1. Overview
10.2. Asia-Pacific
10.2.1. China
10.2.2. Japan
10.2.3. India
10.2.4. South Korea
10.2.5. Rest of Asia-Pacific
10.3. North America
10.3.1. U.S.
10.3.2. Canada
10.4. Europe
10.4.1. U.K.
10.4.2. Germany
10.4.3. Italy
10.4.4. Spain
10.4.5. France
10.4.6. Rest of Europe
10.5. Latin America
10.6. Middle East & Africa
11. Competition Analysis
11.1. Overview
11.2. Key Growth Strategies
11.3. Competitive Benchmarking
11.4. Competitive Dashboard
11.4.1. Industry Leaders
11.4.2. Market Differentiators
11.4.3. Vanguards
11.4.4. Emerging Companies
11.5. Market Share Analysis (2022)
12. Company Profiles (Company Overview, Financial Overview, Product Portfolio, and Strategic Developments)
12.1. Solectrac Inc.
12.2. Deere & Company
12.3. KUBOTA Corporation
12.4. Alkè s.r.l
12.5. CLAAS KGaA mbH
12.6. Mahindra & Mahindra Limited
12.7. Dongfeng Motor Corporation Ltd.
12.8. Mahindra & Mahindra Limited
12.9. Dongfeng Motor Corporation Ltd.
12.10. Caterpillar Inc.
12.11. Cummins Inc.
12.12. AutoNxt Automation Pvt. Ltd.
12.13. Motivo Engineering
12.14. Monarch Tractor
12.15. Ztractor Inc
(Note: SWOT Analysis of the Top 5 Companies Will Be Provided)
13. Appendix
13.1. Available Customization
13.2. Related Reports
List of Tables
Table 1 Currency Conversion Rates (2018–2022)
Table 2 Global Electric Tractors Market, by Type, 2024–2031 (USD Million)
Table 3 Global Utility Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 4 Global Compact Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 5 Global Row Crop Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 6 Global Industrial Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 7 Global Other Vehicle Types Market, by Country/Region, 2022–2031 (USD Million)
Table 8 Global Electric Tractors Market, by Propulsion Type, 2024–2031 (USD Million)
Table 9 Global Battery Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 10 Global Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 11 Global Hybrid Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 12 Global Pure Hybrid Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 13 Global Plug-in Hybrid Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 14 Global Electric Tractors Market, by Battery Capacity, 2024–2031 (USD Million)
Table 15 Global Less than 15 kW Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 16 Global 15kW to 40 kW Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 17 Global More than 40 kW Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 18 Global Electric Tractors Market, by Power Output, 2024–2031 (USD Million)
Table 19 Global Less than 30HP Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 20 Global 30HP to 80HP Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 21 Global More than 80HP Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 22 Global Electric Tractors Market, by Application, 2024–2031 (USD Million)
Table 23 Global Electric Tractors Market for Agriculture, by Country/Region, 2022–2031 (USD Million)
Table 24 Global Electric Tractors Market for Constructions, by Country/Region, 2022–2031 (USD Million)
Table 25 Global Electric Tractors Market for Logistics, by Country/Region, 2022–2031 (USD Million)
Table 26 Global Electric Tractors Market for Airports, by Country/Region, 2022–2031 (USD Million)
Table 27 Global Electric Tractors Market for Railways, by Country/Region, 2022–2031 (USD Million)
Table 28 Global Electric Tractors Market for Factories, by Country/Region, 2022–2031 (USD Million)
Table 29 Global Electric Tractors Market for Other Applications, by Country/Region, 2022–2031 (USD Million)
Table 30 Global Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 31 Global Electric Tractors Market Volume, by Country/Region, 2022–2031 (Thousand Units)
Table 32 Asia-Pacific: Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 33 Asia-Pacific: Electric Tractors Market, by Country/Region, 2022–2031 (Thousand Units)
Table 34 Asia-Pacific: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 35 Asia-Pacific: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 36 Asia-Pacific: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 37 Asia-Pacific: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 38 Asia-Pacific: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 39 Asia-Pacific: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 40 China: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 41 China: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 42 China: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 43 China: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 44 China: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 45 China: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 46 Japan: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 47 Japan: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 48 Japan: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 49 Japan: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 50 Japan: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 51 Japan: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 52 India: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 53 India: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 54 India: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 55 India: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 56 India: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 57 India: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 58 South Korea: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 59 South Korea: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 60 South Korea: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 61 South Korea: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 62 South Korea: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 63 South Korea: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 64 Rest of Asia-Pacific: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 65 Rest of Asia-Pacific: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 66 Rest of Asia-Pacific: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 67 Rest of Asia-Pacific: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 68 Rest of Asia-Pacific: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 69 Rest of Asia-Pacific: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 70 North America: Electric Tractors Market, by Country, 2022–2031 (USD Million)
Table 71 North America: Electric Tractors Market, by Country, 2022–2031 (Thousand Units)
Table 72 North America: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 73 North America: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 74 North America: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 75 North America: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 76 North America: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 77 North America: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 78 U.S.: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 79 U.S.: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 80 U.S.: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 81 U.S.: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 82 U.S.: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 83 U.S.: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 84 Canada: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 85 Canada: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 86 Canada: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 87 Canada: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 88 Canada: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 89 Canada: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 90 Europe: Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 91 Europe: Electric Tractors Market, by Country/Region, 2022–2031 (Thousand Units)
Table 92 Europe: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 93 Europe: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 94 Europe: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 95 Europe: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 96 Europe: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 97 Europe: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 98 Germany: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 99 Germany: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 100 Germany: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 101 Germany: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 102 Germany: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 103 Germany: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 104 U.K.: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 105 U.K.: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 106 U.K.: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 107 U.K.: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 108 U.K.: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 109 U.K.: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 110 France: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 111 France: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 112 France: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 113 France: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 114 France: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 115 France: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 116 Italy: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 117 Italy: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 118 Italy: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 119 Italy: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 120 Italy: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 121 Italy: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 122 Spain: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 123 Spain: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 124 Spain: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 125 Spain: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 126 Spain: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 127 Spain: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 128 Rest of Europe: Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 129 Rest of Europe: Electric Tractors Market, by Propulsion Type, 2022–2031 (USD Million)
Table 130 Rest of Europe: Hybrid Electric Tractors Market, by Type, 2022–2031 (USD Million)
Table 131 Rest of Europe: Electric Tractors Market, by Battery Capacity, 2022–2031 (USD Million)
Table 132 Rest of Europe: Electric Tractors Market, by Power Output, 2022–2031 (USD Million)
Table 133 Rest of Europe: Electric Tractors Market, by Application, 2022–2031 (USD Million)
Table 134 Latin America: Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 135 Latin America: Electric Tractors Market, by Country/Region, 2022–2031 (Thousand Units)
Table 136 Middle East & Africa: Electric Tractors Market, by Country/Region, 2022–2031 (USD Million)
Table 137 Middle East & Africa: Electric Tractors Market, by Country/Region, 2022–2031 (Thousand Units)
List of Figures
Figure 1 Market Ecosystem
Figure 2 Key Stakeholders
Figure 3 Research Process
Figure 4 Key Secondary Sources
Figure 5 Primary Research Techniques
Figure 6 Key Executives Interviewed
Figure 7 Breakdown of Primary Interviews (Supply-side & Demand-side)
Figure 8 Market Sizing and Growth Forecast Approach
Figure 9 Key Insights
Figure 10 The Utility Tractors Segment to Account for the Largest Market Share in 2024
Figure 11 The Battery Electric Tractors Segment to Account for the Largest Market Share in 2024
Figure 12 The 15kW to 40 kW Segment to Account for the Largest Market Share in 2024
Figure 13 The 30HP to 80HP Segment to Account for the Largest Market Share in 2024
Figure 14 The Agriculture Segment to Account for the Largest Market Share in 2024
Figure 15 Global Electric Tractors Market, by Region (2024 VS. 2031)
Figure 16 Global Electric Tractors Market Volume, by Region (2024 VS. 2031)
Figure 17 Impact Analysis of Market Dynamics
Figure 18 Electric Tractors Market Supply Chain
Figure 19 Porter's Five Forces Analysis
Figure 20 Global Electric Tractors Market, by Type, 2024 Vs. 2031 (USD Million)
Figure 21 Global Electric Tractors Market, by Propulsion Type, 2024 Vs. 2031 (USD Million)
Figure 22 Global Electric Tractors Market, by Battery Capacity, 2024 Vs. 2031 (USD Million)
Figure 23 Global Electric Tractors Market, by Power Output, 2024 Vs. 2031 (USD Million)
Figure 24 Global Electric Tractors Market, by Application, 2024 Vs. 2031 (USD Million)
Figure 25 Global Electric Tractors Market, by Country/Region, 2024 Vs. 2031 (USD Million)
Figure 26 Global Electric Tractors Market Volume, by Country/Region, 2024 Vs. 2031 (USD Million)
Figure 27 Asia-Pacific: Electric Tractors Market Snapshot
Figure 28 North America: Electric Tractors Market Snapshot
Figure 29 Europe: Electric Tractors Market Snapshot
Figure 30 Leading Market Players’ Strategic Developments (2020–2023)
Figure 31 Vendor Market Positioning Analysis (2021–2023)
Figure 32 Competitive Dashboard: Global Electric Tractors Market
Figure 33 Market Share Analysis, by Leading Players, 2022
Figure 34 Deere & Company: Financial Overview (2022)
Figure 35 Escorts Kubota Limited: Financial Overview (2022)
Figure 36 AGCO Corporation: Financial Overview (2022)
Figure 37 Mahindra & Mahindra Limited: Financial Overview (2022)
Figure 38 Dongfeng Motor Corporation Ltd.: Financial Overview (2022)
Figure 39 Caterpillar Inc.: Financial Overview (2022)
Figure 40 Cummins Inc.: Financial Overview (2022)
This report provides pre & post COVID-19 market estimates.
This report provides pre & post COVID-19 market estimates.
Published Date: Apr-2024
Published Date: Feb-2024
Published Date: Feb-2024
Published Date: Oct-2023
Published Date: Aug-2021
