Electric Farm Tractor Market - 1-3 USERS:2022

Market Report Coverage :
Start Year : 2021 - Forecast Year : 2026 - Start Value : $129.5 Million in 2021 - Forecast Value : $218.9 Million by 2026 - CAGR % : 0.11%
Description :
Market Report Coverage - Electric Farm TractorMarket Segmentation• Application - Light-Duty Tractor, Medium-Duty Tractor, and Heavy-Duty Tractor• Battery Type - Lithium-Ion Battery, Lead-Acid Battery, and Others• Drivetrain Technology - Hybrid Electric Farm Tractor, Plug-in Hybrid Electric Farm Tractor, and Battery Electric Farm TractorRegional Segmentation• North America - U.S., Canada, Mexico, and Rest-of-North America• South America - Chile, Argentina, Brazil, and Rest-of-South America• Europe - Germany, Norway, France, Sweden, Netherlands, and Rest-of-Europe• U.K.• Middle East and Africa - U.A.E., South Africa, Saudi Arabia, Egypt, and Rest-of-Middle East and Africa• China• Asia-Pacific and Japan - Japan, Australia and New Zealand, India, Indonesia, and Rest-of-Asia-Pacific and JapanMarket Growth Drivers• Increased Focus on Sustainability• Increase in Urbanization• Increase in World Population• Rising Fuel PricesMarket Challenges• Inadequate Battery Technology and Charging Infrastructure• High Initial Cost of EquipmentMarket Opportunities• Low Operating Costs• Increased Need for ProductivityKey Companies ProfiledAlke, Cummins Inc., Deere & Company, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, EcoFactorHow This Report Can Add ValueThis report will help with the following objectives:• Product, application, and regional market estimations for the electric farm tractor market.• Extensive competitive benchmarking of the top 15 players (including OEMs and equipment providers) has been done to offer a holistic view of the global electric farm tractor market landscape.Product/Innovation Strategy: The product segment helps the reader in understanding the different types of electric farm tractors available for deployment in the agriculture industry and their potential globally. Moreover, the study provides the reader a detailed understanding of the operation of different electric farm tractors by battery type (lithium-ion, lead-acid, and others) and by driveline technology (hybrid electric, plug-in hybrid electric, and battery electric). Recent Developments• In September 2021, Motivo Engineering launched e-tractor named HARVEST. It gathers energy from the solar panel, wind turbines, and other electrical grids. In one day, a single HARVEST unit can plow a field, transport items to the market, and power a home.• In August 2021, Deere & Company acquired the bear flag robotics to accelerate autonomous technology.• In June 2021, Ideanomics confirmed the full acquisition of a California-based manufacturer and supplier of electric tractors called Solectrac, Inc.• In December 2020, Sonalika launched the first field-ready electric tractor, named Tiger Electric. The high-quality battery could charge in ten hours using a home charging point.Key Questions Answered in the Report• What is the estimated global electric farm tractor size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?• What are the key trends, market drivers, and opportunities in the market pertaining to the global electric farm tractor market?• What are the major restraints inhibiting the growth of the global electric farm tractor market?• What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?• What is the competitive strength of the key players in the electric farm tractor market based on an analysis of their recent developments, product offerings, and regional presence?• What is the competitive benchmarking of the key electric farm tractor companies in the agriculture market based on the analysis of their market coverage and market potential?• How much revenue is each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows: - Product, including battery type (lithium-ion, lead-acid, and others) and driveline technology (hybrid electric, plug-in hybrid vehicle, and battery electric). - Application, including light duty, medium-duty, and heavy-duty. - Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, the Middle East and Africa, and South America• What is the type of players and stakeholders operating in the market ecosystem of an electric farm tractor, and what is their significance in the global market?Electric Farm Tractor MarketElectric farm tractors are the new generation of tractors that are being developed by agricultural equipment manufacturers. Unlike conventionally diesel-powered tractors, electric farm tractors are run by battery. These tractors offer a wide range of benefits over conventional tractors, such as better efficiency and enhanced productivity in the agricultural field.The electric farm tractor market is still in the developing phase. Increased research and development activities are undergoing on the development of electric vehicle technology which is expected to increase the battery life offered by these tractors and thereby increase efficiency.Global Electric Farm Tractor Market OverviewThe global electric farm tractor market was valued at $116.5 million in 2020, which is expected to grow with a CAGR of 11.1% and reach $218.9 million by 2026. The growth in the global electric farm tractor market is expected to be driven by increasing demand for agricultural digitization and automation, along with a need for low emissions to solve the problem of pollution.Impact of COVID-19The supply chain for the majority of the industries across the globe was impacted due to the COVID-19 pandemic, including the electric farm tractor industry. During the COVID-19 pandemic, agricultural production was hindered for farmers, which led to a decrease in their revenue generation. This has left the farmers in no position to invest in modern agricultural equipment.Market SegmentationGlobal Electric Farm Tractor by ApplicationThe global electric farm tractor market in the application segment is expected to be dominated by light-duty vehicles followed by medium-duty vehicles. Since light-duty tractors have low curb weight, battery performance is better, which attracts the farmers towards these tractors.Global Electric Farm Tractor by Drivetrain TechnologyThe global electric farm tractor market in the drivetrain technology segment is expected to be dominated by hybrid-electric vehicles. Hybrid vehicles are a great starting point for further growth in the electric farm tractor market as these vehicles are run by both fuel and battery.Global Electric Farm Tractor by Battery TypeThe global electric farm tractor market in the battery type segment is expected to be dominated by lead-acid batteries in 2020. Further in the forecast period, the adoption of lithium-ion batteries is expected to grow due to the advantages of these batteries over lead-acid batteries.Global Electric Farm Tractor by RegionNorth America generated the highest revenue of $40.1 million in 2020, which is attributed to technological advancements and government support. Also, leading players in the electric farm tractor market are operating in the North America region, which gives a wide range of options to the growers purchasing electric farm tractors.Key Market Players and Competition SynopsisSome of the key players operating in the market include Alke, Cummins Inc., Deere & Company, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor.The companies that are profiled in the report have been selected based on the selective pool of players, primarily Tier-1 (holding 50-60% of the market), mid-segment players (comprising 30-40% share), and small and emerging companies (holding the balance 10-20% share), based on various factors such as product portfolio, annual revenues, market penetration, research, and development initiatives, along with a domestic and international presence in the electric farm tractor industry.
Countries Covered :
North America U.S. Canada Mexico Rest-of-North AmericaEurope Norway France Germany Netherlands Sweden Rest-of-EuropeU.K.Middle East and Africa U.A.E. South Africa Saudi Arabia Egypt Rest-of-Middle East and AfricaChinaAsia-Pacific and Japan Japan India Indonesia Australia and New Zealand Rest-of-Asia-Pacific and JapanSouth America Chile Brazil Argentina Rest-of-South America
Keywords :
Electric Farm Tractor Market, Electric Farm Tractor Industry, Electric Farm Tractor Report, Electric Farm Tractor Market Forecasts, Electric Farm Tractor Market Trends, Electric Farm Tractor Market Companies, Electric Farm Tractor Market Analysis, Electric Farm Tractor Industry Analysis, What is Electric Farm Tractor, Electric Farm Tractor Definition, Electric Farm Tractor Market Competitive Landscape, Electric Farm Tractor Market Drivers, Electric Farm Tractor Market Segments, Electric Farm Tractor Market Outlook, Electric Farm Tractor Market Opportunity, Electric Farm Tractor Market Growth, Electric Farm Tractor Market Share, Electric Farm Tractor Market Size, Electric Farm Tractor Market by Application, Electric Farm Tractor Market by Products, Electric Farm Tractor Market by Battery Type, Electric Farm Tractor Market by Drivetrain Technology, Electric Farm Tractor Market by Region, Light-Duty Electric Farm Tractor Market, Medium-Duty Electric Farm Tractor Market, Heavy-Duty Electric Farm Tractor Market, Hybrid Electric Farm Tractor Market, Plug-in Hybrid Electric Farm Tractor Market, Battery Electric Farm Tractor Market, Lithium-Ion Battery Electric Farm Tractor Market, Lead-Acid Battery Electric Farm Tractor Market, North America Electric Farm Tractor Market, South America Electric Farm Tractor Market, Europe Electric Farm Tractor Market, U.K. Electric Farm Tractor Market, Middle East and Africa Electric Farm Tractor Market, China Electric Farm Tractor Market, Asia-Pacific and Japan Electric Farm Tractor Market
Press Release :
The global electric farm tractor is projected to reach $218.9 million by 2026, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 11.1% during the period 2021-2026.Electric farm tractors come with a wide range of benefits over diesel-powered tractors. These tractors offer better efficiency over diesel tractors, and emissions caused by diesel tractors will also be completed eliminated with better adoption of electric farm tractors by farmers. Electric farm tractors also have better torque output than diesel tractors as a motor is running the vehicle, which makes it easier to pull heavy agricultural implements on the field.USP of the Report• The report covers product, application, and regional market estimations for the electric farm tractor market.• Extensive competitive benchmarking of the top 15 players (including OEMs and equipment providers) has been done to offer a holistic view of the global electric farm tractor market landscape.According to Rakhi Tanwar, Principal Analyst, BIS Research, “The electric farm tractor market is expected to be a great replacement over diesel-powered tractors. Through a better adoption of these tractors, agricultural productivity and efficiency can be boosted, and agricultural revenue generation for farmers can be maximized.”Key Companies Operating in The MarketSome of the key players operating in the market include Alke, Cummins Inc., Deere & Company, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor.Key Questions Answered in the Report• What is the estimated global electric farm tractor size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?• What are the key trends, market drivers, and opportunities in the market pertaining to the global electric farm tractor market?• What are the major restraints inhibiting the growth of the global electric farm tractor market?• What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?• What is the competitive strength of the key players in the electric farm tractor market based on an analysis of their recent developments, product offerings, and regional presence?• What is the competitive benchmarking of the key electric farm tractor companies in the agriculture market based on the analysis of their market coverage and market potential?• How much revenue is each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows: - Product, including battery type (lithium-ion, lead-acid, and others) and driveline technology (hybrid electric, plug-in hybrid vehicle, and battery electric). - Application, including light duty, medium-duty, and heavy-duty. - Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, the Middle East and Africa, and South America• What is the type of players and stakeholders operating in the market ecosystem of an electric farm tractor, and what is their significance in the global market?
Companies Mentioned :
AlkeCummins Inc.Deere & CompanyEscorts LimitedFendtKubota CorporationMotivo EngineeringSolectrac, Inc.SonalikaMonarch TractorYanmar Holdings Co., Ltd.AutoNxt Automation Pvt. Ltd.CellestialZtractorEcoFactor
Press Release :
The global electric farm tractor is projected to reach $218.9 million by 2026, reveals the premium market intelligence study by BIS Research. The study also highlights that the market is set to witness a CAGR of 11.1% during the period 2021-2026.Electric farm tractors come with a wide range of benefits over diesel-powered tractors. These tractors offer better efficiency over diesel tractors, and emissions caused by diesel tractors will also be completed eliminated with better adoption of electric farm tractors by farmers. Electric farm tractors also have better torque output than diesel tractors as a motor is running the vehicle, which makes it easier to pull heavy agricultural implements on the field.USP of the Report• The report covers product, application, and regional market estimations for the electric farm tractor market.• Extensive competitive benchmarking of the top 15 players (including OEMs and equipment providers) has been done to offer a holistic view of the global electric farm tractor market landscape.According to Rakhi Tanwar, Principal Analyst, BIS Research, “The electric farm tractor market is expected to be a great replacement over diesel-powered tractors. Through a better adoption of these tractors, agricultural productivity and efficiency can be boosted, and agricultural revenue generation for farmers can be maximized.”Key Companies Operating in The MarketSome of the key players operating in the market include Alke, Cummins Inc., Deere & Company, Escorts Limited, Fendt, Kubota Corporation, Motivo Engineering, Solectrac, Inc., Sonalika, Monarch Tractor, Yanmar Holdings Co., Ltd., AutoNxt Automation Pvt. Ltd., Cellestial, Ztractor, and EcoFactor.Key Questions Answered in the Report• What is the estimated global electric farm tractor size in terms of revenue for the forecast period 2021-2026, and what is the expected compound annual growth rate (CAGR) during the forecast period 2021-2026?• What are the key trends, market drivers, and opportunities in the market pertaining to the global electric farm tractor market?• What are the major restraints inhibiting the growth of the global electric farm tractor market?• What kinds of new strategies are being adopted by the existing market players to strengthen their market position in the industry?• What is the competitive strength of the key players in the electric farm tractor market based on an analysis of their recent developments, product offerings, and regional presence?• What is the competitive benchmarking of the key electric farm tractor companies in the agriculture market based on the analysis of their market coverage and market potential?• How much revenue is each segment expected to record during the forecast period, along with the growth percentage? The segments are as follows: - Product, including battery type (lithium-ion, lead-acid, and others) and driveline technology (hybrid electric, plug-in hybrid vehicle, and battery electric). - Application, including light duty, medium-duty, and heavy-duty. - Region, including North America, the U.K., Europe, Asia-Pacific and Japan, China, the Middle East and Africa, and South America• What is the type of players and stakeholders operating in the market ecosystem of an electric farm tractor, and what is their significance in the global market?
Headline :
Global Electric Farm Tractor Market to Reach $218.9 Million by 2026
Table of Contents :
1 Markets1.1 Industry Outlook1.1.1 Market Definition1.1.2 Supply Chain Network1.1.3 Government Initiatives1.1.4 Market Trends1.1.4.1 Need for Increased Agricultural Production1.1.4.2 Increasing Policies to Reduce Carbon Emission1.1.4.3 Government Support in Providing Incentives and Subsidies1.1.5 Key Consortiums and Associations1.1.6 Patent Analysis1.1.6.1 Patent Analysis (by Status)1.1.6.2 Patents Analysis (by Organization)1.2 Business Dynamics1.2.1 Business Drivers1.2.1.1 Economic Drivers1.2.1.1.1 Increase in World Population1.2.1.1.2 Increase in Urbanization1.2.1.1.3 Shortage of Labor1.2.1.1.4 Rising Fuel Prices1.2.1.2 Social Drivers1.2.1.2.1 Increased Focus on Sustainability1.2.2 Business Challenges1.2.2.1 Inadequate Battery Technology and Charging Infrastructure1.2.2.2 High Initial Cost of Equipment1.2.3 Business Strategies1.2.3.1 Product Development and Innovation1.2.3.2 Market Development1.2.4 Corporate Strategies1.2.4.1 Mergers and Acquisitions1.2.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances1.2.5 Business Opportunities1.2.5.1 Low Operating Costs1.2.5.2 Increased Need for Productivity1.2.6 Impact of COVID-19 on the Global Electric Farm Tractor Market2 Application2.1 Global Electric Farm Tractor Market (by Application)2.1.1 Light-Duty Tractor2.1.2 Medium-Duty Tractor2.1.3 Heavy-Duty Tractor2.2 Demand Analysis of the Global Electric Farm Tractor Market (by Application)3 Products3.1 Global Electric Farm Tractor Market (by Battery Type)3.1.1 Lithium-Ion Battery3.1.2 Lead-Acid Battery3.1.3 Others3.2 Demand Analysis of the Global Electric Farm Tractor Market (by Battery Type)3.3 Electric Farm Tractor Market (by Drivetrain Technology)3.3.1 Hybrid Electric Farm Tractor3.3.2 Plug-in Hybrid Electric Farm Tractor3.3.3 Battery Electric Farm Tractor3.4 Demand Analysis of the Global Electric Farm Tractor Market (by Drivetrain Technology)4 Region4.1 North America4.1.1 Market4.1.1.1 Key Manufacturers in North America4.1.1.2 Business Challenges4.1.1.3 Business Drivers4.1.2 Application4.1.2.1 North America Electric Farm Tractor Market (by Application)4.1.3 Product4.1.3.1 North America Electric Farm Tractor Market (by Battery Type)4.1.3.2 North America Electric Farm Tractor Market (by Drivetrain Technology)4.1.4 North America (by Country)4.1.4.1 U.S.4.1.4.1.1 Market4.1.4.1.1.1 Market Attributes4.1.4.1.1.2 Business Challenges4.1.4.1.1.3 Business Drivers4.1.4.1.2 Application4.1.4.1.2.1 U.S. Electric Farm Tractor Market (by Application)4.1.4.2 Mexico4.1.4.2.1 Market4.1.4.2.1.1 Market Attributes4.1.4.2.1.2 Business Challenges4.1.4.2.1.3 Business Drivers4.1.4.2.2 Application4.1.4.2.2.1 Mexico Electric Farm Tractor Market (by Application)4.1.4.3 Canada4.1.4.3.1 Market4.1.4.3.1.1 Market Attributes4.1.4.3.1.2 Business Challenges4.1.4.3.1.3 Business Drivers4.1.4.3.2 Application4.1.4.3.2.1 Canada Electric Farm Tractor Market (by Application)4.1.4.4 Rest-of-North America4.1.4.4.1 Market4.1.4.4.1.1 Market Attributes4.1.4.4.1.2 Business Challenges4.1.4.4.1.3 Business Drivers4.1.4.4.2 Application4.1.4.4.2.1 Rest-of-North America Electric Farm Tractor Market (by Application)4.2 South America4.2.1 Market4.2.1.1 Key Manufacturers in South America4.2.1.2 Business Challenges4.2.1.3 Business Drivers4.2.2 Application4.2.2.1 South America Electric Farm Tractor Market (by Application)4.2.3 Product4.2.3.1 South America Electric Farm Tractor Market (by Battery Type)4.2.3.2 South America Electric Farm Tractor Market (by Drivetrain Technology)4.2.4 South America (by Country)4.2.4.1 Chile4.2.4.1.1 Market4.2.4.1.1.1 Market Attributes4.2.4.1.1.2 Business Challenges4.2.4.1.1.3 Business Drivers4.2.4.1.2 Application4.2.4.1.2.1 Chile Electric Farm Tractor Market (by Application)4.2.4.2 Argentina4.2.4.2.1 Market4.2.4.2.1.1 Market Attributes4.2.4.2.1.2 Business Challenges4.2.4.2.1.3 Business Drivers4.2.4.2.2 Application4.2.4.2.2.1 Argentina Electric Farm Tractor Market (by Application)4.2.4.3 Brazil4.2.4.3.1 Market4.2.4.3.1.1 Market Attributes4.2.4.3.1.2 Business Challenges4.2.4.3.1.3 Business Drivers4.2.4.3.2 Application4.2.4.3.2.1 Brazil Electric Farm Tractor Market (by Application)4.2.4.4 Rest-of-South America4.2.4.4.1 Market4.2.4.4.1.1 Market Attributes4.2.4.4.1.2 Business Challenges4.2.4.4.1.3 Business Drivers4.2.4.4.2 Application4.2.4.4.2.1 Rest-of-South America Electric Farm Tractor Market (by Application)4.3 Europe4.3.1 Market4.3.1.1 Key Manufacturers in Europe4.3.1.2 Business Challenges4.3.1.3 Business Drivers4.3.2 Application4.3.2.1 Europe Electric Farm Tractor Market (by Application)4.3.3 Product4.3.3.1 Europe Electric Farm Tractor Market (by Battery Type)4.3.3.2 Europe Electric Farm Tractor Market (by Drivetrain Technology)4.3.4 Europe (by Country)4.3.4.1 Norway4.3.4.1.1 Market4.3.4.1.1.1 Market Attributes4.3.4.1.1.2 Business Challenges4.3.4.1.1.3 Business Drivers4.3.4.1.2 Application4.3.4.1.2.1 Norway Electric Farm Tractor Market (by Application)4.3.4.2 Germany4.3.4.2.1 Market4.3.4.2.1.1 Market Attributes4.3.4.2.1.2 Business Challenges4.3.4.2.1.3 Business Drivers4.3.4.2.2 Application4.3.4.2.2.1 Germany Electric Farm Tractor Market (by Application)4.3.4.3 France4.3.4.3.1 Market4.3.4.3.1.1 Market Attributes4.3.4.3.1.2 Business Challenges4.3.4.3.1.3 Business Drivers4.3.4.3.2 Application4.3.4.3.2.1 France Electric Farm Tractor Market (by Application)4.3.4.4 Netherlands4.3.4.4.1 Market4.3.4.4.1.1 Market Attributes4.3.4.4.1.2 Business Challenges4.3.4.4.1.3 Business Drivers4.3.4.4.2 Application4.3.4.4.2.1 Netherlands Electric Farm Tractor Market (by Application)4.3.4.5 Sweden4.3.4.5.1 Market4.3.4.5.1.1 Market Attributes4.3.4.5.1.2 Business Challenges4.3.4.5.1.3 Business Drivers4.3.4.5.2 Application4.3.4.5.2.1 Sweden Electric Farm Tractor Market (by Application)4.3.4.6 Rest-of-Europe4.3.4.6.1 Market4.3.4.6.1.1 Market Attributes4.3.4.6.1.2 Business Challenges4.3.4.6.1.3 Business Drivers4.3.4.6.2 Application4.3.4.6.2.1 Rest-of-Europe Electric Farm Tractor Market (by Application)4.4 U.K.4.4.1 Market4.4.1.1 Key Manufacturers in U.K.4.4.1.2 Business Challenges4.4.1.3 Business Drivers4.4.2 Application4.4.2.1 U.K. Electric Farm Tractor Market (by Application)4.4.3 Product4.4.3.1 U.K. Electric Farm Tractor Market (by Battery Type)4.4.3.2 U.K. Electric Farm Tractor Market (by Drivetrain Technology)4.5 Middle East and Africa4.5.1 Market4.5.1.1 Key Manufacturers in Middle East and Africa4.5.1.2 Business Challenges4.5.1.3 Business Drivers4.5.2 Application4.5.2.1 Middle East and Africa Electric Farm Tractor Market (by Application)4.5.3 Product4.5.3.1 Middle East and Africa Electric Farm Tractor Market (by Battery Type)4.5.3.2 Middle East and Africa Electric Farm Tractor Market (by Drivetrain Technology)4.5.4 Middle East and Africa (by Country)4.5.4.1 U.A.E.4.5.4.1.1 Market4.5.4.1.1.1 Market Attributes4.5.4.1.1.2 Business Challenges4.5.4.1.1.3 Business Drivers4.5.4.1.2 Application4.5.4.1.2.1 U.A.E. Electric Farm Tractor Market (by Application)4.5.4.2 South Africa4.5.4.2.1 Market4.5.4.2.1.1 Market Attributes4.5.4.2.1.2 Business Challenges4.5.4.2.1.3 Business Drivers4.5.4.2.2 Application4.5.4.2.2.1 South Africa Electric Farm Tractor Market (by Application)4.5.4.3 Saudi Arabia4.5.4.3.1 Market4.5.4.3.1.1 Market Attributes4.5.4.3.1.2 Business Challenges4.5.4.3.1.3 Business Drivers4.5.4.3.2 Application4.5.4.3.2.1 Saudi Arabia Electric Farm Tractor Market (by Application)4.5.4.4 Egypt4.5.4.4.1 Market4.5.4.4.1.1 Market Attributes4.5.4.4.1.2 Business Challenges4.5.4.4.1.3 Business Drivers4.5.4.4.2 Applications4.5.4.4.2.1 Egypt Electric Farm Tractor Market (by Application)4.5.4.5 Rest-of-Middle East and Africa4.5.4.5.1 Market4.5.4.5.1.1 Market Attributes4.5.4.5.1.2 Business Challenges4.5.4.5.1.3 Business Drivers4.5.4.5.2 Application4.5.4.5.2.1 Rest-of-Middle East and Africa Electric Farm Tractor Market (by Application)4.6 China4.6.1 Market4.6.1.1 Key Manufacturers in China4.6.1.2 Business Challenges4.6.1.3 Business Drivers4.6.2 Application4.6.2.1 China Electric Farm Tractor Market (by Application)4.6.3 Product4.6.3.1 China Electric Farm Tractor Market (by Battery Type)4.6.3.2 China Electric Farm Tractor Market (by Drivetrain Technology)4.7 Asia-Pacific and Japan4.7.1 Market4.7.1.1 Key Manufacturers in Asia-Pacific and Japan4.7.1.2 Business Challenges4.7.1.3 Business Drivers4.7.2 Application4.7.2.1 Asia-Pacific and Japan Electric Farm Tractor Market (by Application)4.7.3 Product4.7.3.1 Asia-Pacific and Japan Electric Farm Tractor Market (by Battery Type)4.7.3.2 Asia-Pacific and Japan Electric Farm Tractor Market (by Drivetrain Technology)4.7.4 Asia-Pacific and Japan (by Country)4.7.4.1 Japan4.7.4.1.1 Market4.7.4.1.1.1 Market Attributes4.7.4.1.1.2 Business Challenges4.7.4.1.1.3 Business Drivers4.7.4.1.2 Application4.7.4.1.2.1 Japan Electric Farm Tractor Market (by Application)4.7.4.2 Australia and New Zealand4.7.4.2.1 Market4.7.4.2.1.1 Market Attributes4.7.4.2.1.2 Business Challenges4.7.4.2.1.3 Business Drivers4.7.4.2.2 Application4.7.4.2.2.1 Australia and New Zealand Electric Farm Tractor Market (by Application)4.7.4.3 India4.7.4.3.1 Market4.7.4.3.1.1 Market Attributes4.7.4.3.1.2 Business Challenges4.7.4.3.1.3 Business Drivers4.7.4.3.2 Application4.7.4.3.2.1 India Electric Farm Tractor Market (by Application)4.7.4.4 Indonesia4.7.4.4.1 Market4.7.4.4.1.1 Market Attributes4.7.4.4.1.2 Business Challenges4.7.4.4.1.3 Business Drivers4.7.4.4.2 Application4.7.4.4.2.1 Indonesia Electric Farm Tractor Market (by Application)4.7.4.5 Rest-of-Asia-Pacific and Japan4.7.4.5.1 Market4.7.4.5.1.1 Market Attributes4.7.4.5.1.2 Business Challenges4.7.4.5.1.3 Business Drivers4.7.4.5.2 Application4.7.4.5.2.1 Rest-of-Asia-Pacific and Japan Electric Farm Tractor Market (by Application)5 Markets - Competitive Benchmarking & Company Profiles5.1 Competitive Benchmarking5.2 Market Share Analysis5.2.1 Market Share Analysis of Global Electric Farm Tractor Companies5.2.2 Alke5.2.2.1 Company Overview5.2.2.1.1 Role of Alke in the Global Electric Farm Tractor Market5.2.2.1.2 Product Portfolio5.2.2.2 Strengths and Weaknesses of Alke5.2.3 Cummins Inc.5.2.3.1 Company Overview5.2.3.1.1 Role of Cummins Inc. in the Global Electric Farm Tractor Market5.2.3.1.2 Product Portfolio5.2.3.2 Business Strategies5.2.3.2.1 Product Developments5.2.3.3 Corporate Strategies5.2.3.4 Strengths and Weaknesses of Cummins Inc.5.2.4 Deere & Company5.2.4.1 Company Overview5.2.4.1.1 Role of Deere & Company in the Global Electric Farm Tractor Market5.2.4.1.2 Product Portfolio5.2.4.2 Business Strategies5.2.4.2.1 Product Developments5.2.4.3 Strengths and Weaknesses of Deere & Company5.2.5 Escorts Limited5.2.5.1 Company Overview5.2.5.1.1 Role of Escorts Limited in the Global Electric Farm Tractor Market5.2.5.1.2 Product Portfolio5.2.5.2 Business Strategies5.2.5.2.1 Product Developments5.2.5.3 Strengths and Weaknesses of Escorts Limited5.2.6 Fendt5.2.6.1 Company Overview5.2.6.1.1 Role of Fendt in the Global Electric Farm Tractor Market5.2.6.1.2 Product Portfolio5.2.6.2 Business Strategies5.2.6.2.1 Product Developments5.2.6.3 Strengths and Weaknesses of Fendt5.2.7 Kubota Corporation5.2.7.1 Company Overview5.2.7.1.1 Role of Kubota Corporation in the Global Electric Farm Tractor Market5.2.7.1.2 Product Portfolio5.2.7.2 Business Strategies5.2.7.2.1 Product Developments5.2.7.3 Strengths and Weaknesses of Kubota Corporation5.2.8 Motivo Engineering5.2.8.1 Company Overview5.2.8.1.1 Role of Motivo Engineering in Global Electric Farm Tractor Market5.2.8.1.2 Product Portfolio5.2.8.2 Strengths and Weaknesses of Motivo Engineering5.2.9 Solectrac, Inc.5.2.9.1 Company Overview5.2.9.1.1 Role of Solectrac, Inc. Inc. in the Global Electric Farm Tractor Market5.2.9.1.2 Product Portfolio5.2.9.2 Business Strategies5.2.9.2.1 Product Developments5.2.9.3 Strengths and Weaknesses of Solectrac, Inc.5.2.10 Sonalika5.2.10.1 Company Overview5.2.10.1.1 Role of Sonalika in the Global Electric Farm Tractor Market5.2.10.1.2 Product Portfolio5.2.10.2 Business Strategies5.2.10.2.1 Product Developments5.2.10.3 Strengths and Weaknesses of Sonalika5.2.11 Monarch Tractor5.2.11.1 Company Overview5.2.11.1.1 Role of Monarch Tractor in the Global Electric Farm Tractor Market5.2.11.1.2 Product Portfolio5.2.11.2 Business Strategies5.2.11.2.1 Product Developments5.2.11.3 Strengths and Weaknesses of Monarch Tractor5.2.12 Yanmar Holdings Co., Ltd.5.2.12.1 Company Overview5.2.12.1.1 Role of Yanmar Holdings Co., Ltd. in the Global Electric Farm Tractor Market5.2.12.1.2 Product Portfolio5.2.12.2 Business Strategies5.2.12.2.1 Product Developments5.2.12.3 Strengths and Weaknesses of Yanmar Holdings Co., Ltd.5.2.13 AutoNxt Automation Pvt. Ltd.5.2.13.1.1 Company Overview5.2.13.2 Role of AutoNxt Automation Pvt. Ltd. in the Global Electric Farm Tractor Market5.2.13.2.1 Product Portfolio5.2.13.3 Strengths and Weaknesses of AutoNxt Automation Pvt. Ltd. Strength5.2.14 Cellestial5.2.14.1 Company Overview5.2.14.1.1 Role of Cellestial in the Global Electric Farm Tractor Market5.2.14.1.2 Product Portfolio5.2.14.2 Strengths and Weaknesses of Cellestial5.2.15 Ztractor5.2.15.1 Company Overview5.2.15.1.1 Role of Ztractor in Global Electric Farm Tractor Market5.2.15.1.2 Product Portfolio5.2.15.2 Business Strategy5.2.15.2.1 Product Development5.2.15.3 Corporate Strategies5.2.15.3.1 Collaborations5.2.15.4 Strengths and Weaknesses of Ztractor5.2.16 EcoFactor5.2.16.1 Company Overview5.2.16.1.1 Role of Ecofactor in the Global Electric Farm Tractor Market5.2.16.1.2 Product Portfolio5.2.16.2 Business Strategy5.2.16.2.1 Product development5.2.16.3 Strengths and Weaknesses of Ecofactor5.2.17 Other Key Players6 Research Methodology6.1 Data Sources6.1.1 Primary Data Sources6.1.2 Secondary Data Sources6.1.3 Data Triangulation6.2 Market Estimation and Forecast6.2.1 Factors for Data Prediction and ModellingList of Figures Figure 1: Global Electric Farm Tractor Market, $Million, 2020-2026Figure 2: Market Drivers and Challenges in Global Electric Farm Tractor MarketFigure 3: Global Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Figure 4: Global Electric Farm Tractor Market (by Driveline Technology), $Million, 2020-2026Figure 5: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026Figure 6: Global Electric Farm Tractor Market (by Region), $Million, 2020Figure 7: Electric Farm Tractor Market CoverageFigure 8: Supply Chain Analysis of Global Electric Farm Tractor MarketFigure 9: Global Electric Farm Tractor Patent Trend, 2005-2021Figure 10: Total Number of Patents for Electric Farm Tractor Market (by Year), January 2015-December 2021Figure 11: Patent Analysis (by Status), January 2015-December 2021Figure 12: Total Patents Filed or Granted for Electric Farm Tractor Market (by Year), January 2015-December 2021Figure 13: Patents Analysis (by Organization), January 2015-December 2021Figure 14: Percentage of Total Urban Population, 2001-2020Figure 15: Employment in Agriculture, 2000-2019Figure 16: Percent of Value Addition by Agriculture, Forestry, and FisheryFigure 17: Agriculture Sector EmissionsFigure 18: Agriculture Revenue Generated per Worker (In $)Figure 19: Share of Key Market Strategies and Development, January 2018-December 2021Figure 20: Product Development (by Company), January 2018-December 2021Figure 21: Market Developments (by Company), January 2018-December 2021Figure 22: Mergers and Acquisitions (by Company), January 2018-December 2021Figure 23: Partnerships, Collaborations and Joint Venture (by Company), January 2018-December 2021Figure 24: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026Figure 25: North America Electric Farm Tractor Market, $Million, 2020-2026Figure 26: South America Electric Farm Tractor Market, $Million, 2020-2026Figure 27: Europe Electric Farm Tractor Market, $Million, 2020-2026Figure 28: U.K. Electric Farm Tractor Market, $Million, 2020-2026Figure 29: Middle East and Africa Electric Farm Tractor Market, $Million, 2020-2026Figure 30: China Electric Farm Tractor Market, $Million, 2020-2026Figure 31: Asia-Pacific and Japan Electric Farm Tractor Market, $Million, 2020-2026Figure 32: Competitive Market High and Low MatrixFigure 33: Market Share Analysis of Electric Farm Tractor Companies, 2020Figure 34: Data TriangulationFigure 35: Top-Down and Bottom-Up ApproachFigure 36: Assumptions and LimitationsList of Tables Table 1: Government InitiativesTable 2: Key Consortiums in Electric Farm Tractor IndustryTable 3: Light-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor MarketTable 4: Medium-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor MarketTable 5: Heavy-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor MarketTable 6: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 7: Global Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 8: Global Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 9: Global Electric Farm Tractor Market (by Region), $Million, 2020-2026Table 10: North America Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 11: North America Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 12: North America Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 13: North America Electric Farm Tractor Market (by Country), $Million, 2020-2026Table 14: U.S. Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 15: Mexico Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 16: Canada Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 17: Rest-of-North America Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 18: South America Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 19: South America Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 20: South America Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 21: South America Electric Farm Tractor Market (by Country), $Million, 2020-2026Table 22: Chile Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 23: Argentina Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 24: Brazil Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 25: Rest-of-South America Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 26: Europe Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 27: Europe Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 28: Europe Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 29: Europe Electric Farm Tractor Market (by Country), $Million, 2020-2026Table 30: Norway Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 31: Germany Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 32: France Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 33: Netherlands Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 34: Sweden Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 35: Rest-of-Europe Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 36: U.K. Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 37: U.K. Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 38: U.K. Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 39: Middle East and Africa Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 40: Middle East and Africa Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 41: Middle East and Africa Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 42: Middle East and Africa Electric Farm Tractor Market (by Country), $Million, 2020-2026Table 43: U.A.E. Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 44: South Africa Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 45: Saudi Arabia Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 46: Egypt Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 47: Rest-of-Middle East and Africa Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 48: China Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 49: China Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 50: China Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026Table 51: Asia-Pacific and Japan Electric Farm Tractor Market, (by Application), $Million, 2020-2026Table 52: Asia-Pacific and Japan Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026Table 53: Asia-Pacific and Japan Electric Farm Tractor Market, (by Drivetrain Technology), $Million, 2020-2026Table 54: Asia-Pacific and Japan Electric Farm Tractor Market (by Country), $Million, 2020-2026Table 55: Japan Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 56: Australia and New Zealand Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 57: India Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 58: Indonesia Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 59: Rest-of-Asia-Pacific and Japan Electric Farm Tractor Market (by Application), $Million, 2020-2026Table 60: Alke: Product PortfolioTable 61: Cummins Inc.: Product PortfolioTable 62: Cummins Inc.: Product DevelopmentsTable 63: Cummins Inc.: Partnerships and Joint VenturesTable 64: Deere & Company: Product PortfolioTable 65: Deere & Company: Product DevelopmentsTable 66: Escorts Limited: Product PortfolioTable 67: Escorts Limited: Product DevelopmentsTable 68: Fendt: Product PortfolioTable 69: Fendt: Product DevelopmentsTable 70: Kubota Corporation.: Product PortfolioTable 71: Kubota Corporation: Product DevelopmentsTable 72: Motivo Engineering: Product EngineeringTable 73: Solectrac, Inc. Inc: Product PortfolioTable 74: Solectrac, Inc: Product DevelopmentsTable 75: Sonalika: Product PortfolioTable 76: Sonalika: Product DevelopmentsTable 77: Monarch Tractor: Product PortfolioTable 78: Monarch Tractor: Product DevelopmentsTable 79: Yanmar Holdings Co., Ltd.: Product PortfolioTable 80: Yanmar Co. Ltd.: Product DevelopmentsTable 81: AutoNxt Automation Pvt. Ltd.: Product PortfolioTable 82: Cellestial: Product PortfolioTable 83: Ztractor: Product PortfolioTable 84: Ztractor: Product DevelopmentTable 85: Ztractor: CollaborationsTable 86: Ecofactor: Product PortfolioTable 87: Ecofactor: Product DevelopmentTable 88: Other Key Players in Global Electric Farm Tractor Market