Global Electric Farm Tractor Market was valued at $116.5 million in 2020, Electric Farm Tractor Industry is expected to grow with a CAGR of 11.1% and reach $218.9 million by 2026.
View: https://bisresearch.com/industry-report/electric-farm-tractor-market.html
1. 1
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
https://pixabay.com/photos/tractor-rural-farm-countryside-385681/
Focus on Application, Product and
Country-Wise Analysis
Analysis and Forecast: 2020-2026
January 2022
Electric Farm
Tractor Market -
A Global and
Regional Analysis
Table of Content
3. 3
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
Table of Content
Executive Summary ........................................................................ 24
1 Markets.................................................................................... 32
1.1 Industry Outlook..............................................................................................33
1.1.1 Market Definition .........................................................................................33
1.1.2 Supply Chain Network ................................................................................33
1.1.3 Government Initiatives................................................................................34
1.1.4 Market Trends..............................................................................................36
1.1.4.1 Need for Increased Agricultural Production ......................................................36
1.1.4.2 Increasing Policies to Reduce Carbon Emission ..............................................36
1.1.4.3 Government Support in Providing Incentives and Subsidies.............................36
1.1.5 Key Consortiums and Associations ..........................................................37
1.1.6 Patent Analysis............................................................................................39
1.1.6.1 Patent Analysis (by Status) ..............................................................................41
1.1.6.2 Patents Analysis (by Organization)...................................................................42
1.2 Business Dynamics.........................................................................................43
1.2.1 Business Drivers .........................................................................................43
1.2.1.1 Economic Drivers.............................................................................................43
1.2.1.1.1 Increase in World Population................................................................................... 43
1.2.1.1.2 Increase in Urbanization .......................................................................................... 43
1.2.1.1.3 Shortage of Labor .................................................................................................... 44
1.2.1.1.4 Rising Fuel Prices .................................................................................................... 45
1.2.1.2 Social Drivers...................................................................................................46
1.2.1.2.1 Increased Focus on Sustainability ........................................................................... 46
1.2.2 Business Challenges ..................................................................................47
1.2.2.1 Inadequate Battery Technology and Charging Infrastructure............................47
1.2.2.2 High Initial Cost of Equipment ..........................................................................48
1.2.3 Business Strategies ....................................................................................48
1.2.3.1 Product Development and Innovation...............................................................50
4. 4
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
1.2.3.2 Market Development ........................................................................................51
1.2.4 Corporate Strategies...................................................................................51
1.2.4.1 Mergers and Acquisitions .................................................................................51
1.2.4.2 Partnerships, Joint Ventures, Collaborations, and Alliances.............................52
1.2.5 Business Opportunities..............................................................................53
1.2.5.1 Low Operating Costs........................................................................................53
1.2.5.2 Increased Need for Productivity .......................................................................54
1.2.6 Impact of COVID-19 on the Global Electric Farm Tractor Market............54
2 Application............................................................................... 55
2.1 Global Electric Farm Tractor Market (by Application) ..................................56
2.1.1 Light-Duty Tractor .......................................................................................57
2.1.2 Medium-Duty Tractor ..................................................................................58
2.1.3 Heavy-Duty Tractor .....................................................................................59
2.2 Demand Analysis of the Global Electric Farm Tractor Market (by
Application)......................................................................................................60
3 Products .................................................................................. 62
3.1 Global Electric Farm Tractor Market (by Battery Type)................................63
3.1.1 Lithium-Ion Battery......................................................................................63
3.1.2 Lead-Acid Battery........................................................................................63
3.1.3 Others...........................................................................................................64
3.2 Demand Analysis of the Global Electric Farm Tractor Market (by
Battery Type)....................................................................................................64
3.3 Electric Farm Tractor Market (by Drivetrain Technology)............................65
3.3.1 Hybrid Electric Farm Tractor ......................................................................65
3.3.2 Plug-in Hybrid Electric Farm Tractor.........................................................65
3.3.3 Battery Electric Farm Tractor .....................................................................66
3.4 Demand Analysis of the Global Electric Farm Tractor Market (by
Drivetrain Technology)....................................................................................66
4 Region ..................................................................................... 67
4.1 North America..................................................................................................70
5. 5
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.1.1 Market...........................................................................................................71
4.1.1.1 Key Manufacturers in North America................................................................71
4.1.1.2 Business Challenges........................................................................................71
4.1.1.3 Business Drivers ..............................................................................................71
4.1.2 Application...................................................................................................72
4.1.2.1 North America Electric Farm Tractor Market (by Application) ...........................72
4.1.3 Product.........................................................................................................72
4.1.3.1 North America Electric Farm Tractor Market (by Battery Type) ........................72
4.1.3.2 North America Electric Farm Tractor Market (by Drivetrain Technology) ..........72
4.1.4 North America (by Country) .......................................................................73
4.1.4.1 U.S...................................................................................................................73
4.1.4.1.1 Market ...................................................................................................................... 73
4.1.4.1.1.1 Market Attributes............................................................................................... 73
4.1.4.1.1.2 Business Challenges ........................................................................................ 74
4.1.4.1.1.3 Business Drivers............................................................................................... 74
4.1.4.1.2 Application................................................................................................................ 74
4.1.4.1.2.1 U.S. Electric Farm Tractor Market (by Application) .......................................... 74
4.1.4.2 Mexico .............................................................................................................74
4.1.4.2.1 Market ...................................................................................................................... 75
4.1.4.2.1.1 Market Attributes............................................................................................... 75
4.1.4.2.1.2 Business Challenges ........................................................................................ 75
4.1.4.2.1.3 Business Drivers............................................................................................... 75
4.1.4.2.2 Application................................................................................................................ 75
4.1.4.2.2.1 Mexico Electric Farm Tractor Market (by Application)...................................... 75
4.1.4.3 Canada ............................................................................................................76
4.1.4.3.1 Market ...................................................................................................................... 76
4.1.4.3.1.1 Market Attributes............................................................................................... 76
4.1.4.3.1.2 Business Challenges ........................................................................................ 76
4.1.4.3.1.3 Business Drivers............................................................................................... 76
6. 6
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.1.4.3.2 Application................................................................................................................ 77
4.1.4.3.2.1 Canada Electric Farm Tractor Market (by Application) .................................... 77
4.1.4.4 Rest-of-North America......................................................................................77
4.1.4.4.1 Market ...................................................................................................................... 77
4.1.4.4.1.1 Market Attributes............................................................................................... 77
4.1.4.4.1.2 Business Challenges ........................................................................................ 78
4.1.4.4.1.3 Business Drivers............................................................................................... 78
4.1.4.4.2 Application................................................................................................................ 78
4.1.4.4.2.1 Rest-of-North America Electric Farm Tractor Market (by Application) ............. 78
4.2 South America .................................................................................................80
4.2.1 Market...........................................................................................................80
4.2.1.1 Key Manufacturers in South America ...............................................................80
4.2.1.2 Business Challenges........................................................................................81
4.2.1.3 Business Drivers ..............................................................................................81
4.2.2 Application...................................................................................................81
4.2.2.1 South America Electric Farm Tractor Market (by Application)...........................81
4.2.3 Product.........................................................................................................82
4.2.3.1 South America Electric Farm Tractor Market (by Battery Type)........................82
4.2.3.2 South America Electric Farm Tractor Market (by Drivetrain Technology)..........82
4.2.4 South America (by Country).......................................................................82
4.2.4.1 Chile.................................................................................................................83
4.2.4.1.1 Market ...................................................................................................................... 83
4.2.4.1.1.1 Market Attributes............................................................................................... 83
4.2.4.1.1.2 Business Challenges ........................................................................................ 83
4.2.4.1.1.3 Business Drivers............................................................................................... 83
4.2.4.1.2 Application................................................................................................................ 84
4.2.4.1.2.1 Chile Electric Farm Tractor Market (by Application)......................................... 84
4.2.4.2 Argentina..........................................................................................................84
4.2.4.2.1 Market ...................................................................................................................... 84
7. 7
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.2.4.2.1.1 Market Attributes............................................................................................... 84
4.2.4.2.1.2 Business Challenges ........................................................................................ 84
4.2.4.2.1.3 Business Drivers............................................................................................... 85
4.2.4.2.2 Application................................................................................................................ 85
4.2.4.2.2.1 Argentina Electric Farm Tractor Market (by Application).................................. 85
4.2.4.3 Brazil................................................................................................................85
4.2.4.3.1 Market ...................................................................................................................... 86
4.2.4.3.1.1 Market Attributes............................................................................................... 86
4.2.4.3.1.2 Business Challenges ........................................................................................ 86
4.2.4.3.1.3 Business Drivers............................................................................................... 86
4.2.4.3.2 Application................................................................................................................ 86
4.2.4.3.2.1 Brazil Electric Farm Tractor Market (by Application) ........................................ 86
4.2.4.4 Rest-of-South America.....................................................................................87
4.2.4.4.1 Market ...................................................................................................................... 87
4.2.4.4.1.1 Market Attributes............................................................................................... 87
4.2.4.4.1.2 Business Challenges ........................................................................................ 87
4.2.4.4.1.3 Business Drivers............................................................................................... 87
4.2.4.4.2 Application................................................................................................................ 88
4.2.4.4.2.1 Rest-of-South America Electric Farm Tractor Market (by Application) ............ 88
4.3 Europe ..............................................................................................................90
4.3.1 Market...........................................................................................................90
4.3.1.1 Key Manufacturers in Europe...........................................................................90
4.3.1.2 Business Challenges........................................................................................91
4.3.1.3 Business Drivers ..............................................................................................91
4.3.2 Application...................................................................................................91
4.3.2.1 Europe Electric Farm Tractor Market (by Application) ......................................91
4.3.3 Product.........................................................................................................92
4.3.3.1 Europe Electric Farm Tractor Market (by Battery Type)....................................92
4.3.3.2 Europe Electric Farm Tractor Market (by Drivetrain Technology) .....................92
8. 8
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.3.4 Europe (by Country)....................................................................................93
4.3.4.1 Norway.............................................................................................................93
4.3.4.1.1 Market ...................................................................................................................... 93
4.3.4.1.1.1 Market Attributes............................................................................................... 93
4.3.4.1.1.2 Business Challenges ........................................................................................ 93
4.3.4.1.1.3 Business Drivers............................................................................................... 94
4.3.4.1.2 Application................................................................................................................ 94
4.3.4.1.2.1 Norway Electric Farm Tractor Market (by Application)..................................... 94
4.3.4.2 Germany ..........................................................................................................94
4.3.4.2.1 Market ...................................................................................................................... 94
4.3.4.2.1.1 Market Attributes............................................................................................... 94
4.3.4.2.1.2 Business Challenges ........................................................................................ 95
4.3.4.2.1.3 Business Drivers............................................................................................... 95
4.3.4.2.2 Application................................................................................................................ 95
4.3.4.2.2.1 Germany Electric Farm Tractor Market (by Application) .................................. 95
4.3.4.3 France..............................................................................................................95
4.3.4.3.1 Market ...................................................................................................................... 96
4.3.4.3.1.1 Market Attributes............................................................................................... 96
4.3.4.3.1.2 Business Challenges ........................................................................................ 96
4.3.4.3.1.3 Business Drivers............................................................................................... 96
4.3.4.3.2 Application................................................................................................................ 96
4.3.4.3.2.1 France Electric Farm Tractor Market (by Application)...................................... 96
4.3.4.4 Netherlands......................................................................................................97
4.3.4.4.1 Market ...................................................................................................................... 97
4.3.4.4.1.1 Market Attributes............................................................................................... 97
4.3.4.4.1.2 Business Challenges ........................................................................................ 97
4.3.4.4.1.3 Business Drivers............................................................................................... 97
4.3.4.4.2 Application................................................................................................................ 98
4.3.4.4.2.1 Netherlands Electric Farm Tractor Market (by Application).............................. 98
9. 9
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.3.4.5 Sweden............................................................................................................98
4.3.4.5.1 Market ...................................................................................................................... 98
4.3.4.5.1.1 Market Attributes............................................................................................... 98
4.3.4.5.1.2 Business Challenges ........................................................................................ 98
4.3.4.5.1.3 Business Drivers............................................................................................... 99
4.3.4.5.2 Application................................................................................................................ 99
4.3.4.5.2.1 Sweden Electric Farm Tractor Market (by Application) .................................... 99
4.3.4.6 Rest-of-Europe.................................................................................................99
4.3.4.6.1 Market ...................................................................................................................... 99
4.3.4.6.1.1 Market Attributes............................................................................................... 99
4.3.4.6.1.2 Business Challenges ...................................................................................... 100
4.3.4.6.1.3 Business Drivers............................................................................................. 100
4.3.4.6.2 Application.............................................................................................................. 100
4.3.4.6.2.1 Rest-of-Europe Electric Farm Tractor Market (by Application)....................... 100
4.4 U.K. .................................................................................................................102
4.4.1 Market.........................................................................................................102
4.4.1.1 Key Manufacturers in U.K. .............................................................................102
4.4.1.2 Business Challenges......................................................................................103
4.4.1.3 Business Drivers ............................................................................................103
4.4.2 Application.................................................................................................103
4.4.2.1 U.K. Electric Farm Tractor Market (by Application).........................................103
4.4.3 Product.......................................................................................................104
4.4.3.1 U.K. Electric Farm Tractor Market (by Battery Type) ......................................104
4.4.3.2 U.K. Electric Farm Tractor Market (by Drivetrain Technology)........................104
4.5 Middle East and Africa ..................................................................................106
4.5.1 Market.........................................................................................................107
4.5.1.1 Key Manufacturers in Middle East and Africa .................................................107
4.5.1.2 Business Challenges......................................................................................107
4.5.1.3 Business Drivers ............................................................................................107
10. 10
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.5.2 Application.................................................................................................107
4.5.2.1 Middle East and Africa Electric Farm Tractor Market (by Application) ............107
4.5.3 Product.......................................................................................................108
4.5.3.1 Middle East and Africa Electric Farm Tractor Market (by Battery Type)..........108
4.5.3.2 Middle East and Africa Electric Farm Tractor Market (by Drivetrain
Technology) ...................................................................................................108
4.5.4 Middle East and Africa (by Country)........................................................109
4.5.4.1 U.A.E. ............................................................................................................109
4.5.4.1.1 Market .................................................................................................................... 109
4.5.4.1.1.1 Market Attributes............................................................................................. 109
4.5.4.1.1.2 Business Challenges ...................................................................................... 110
4.5.4.1.1.3 Business Drivers............................................................................................. 110
4.5.4.1.2 Application.............................................................................................................. 110
4.5.4.1.2.1 U.A.E. Electric Farm Tractor Market (by Application)..................................... 110
4.5.4.2 South Africa ...................................................................................................110
4.5.4.2.1 Market .................................................................................................................... 111
4.5.4.2.1.1 Market Attributes............................................................................................. 111
4.5.4.2.1.2 Business Challenges ...................................................................................... 111
4.5.4.2.1.3 Business Drivers............................................................................................. 111
4.5.4.2.2 Application.............................................................................................................. 111
4.5.4.2.2.1 South Africa Electric Farm Tractor Market (by Application) ........................... 111
4.5.4.3 Saudi Arabia ..................................................................................................112
4.5.4.3.1 Market .................................................................................................................... 112
4.5.4.3.1.1 Market Attributes............................................................................................. 112
4.5.4.3.1.2 Business Challenges ...................................................................................... 112
4.5.4.3.1.3 Business Drivers............................................................................................. 112
4.5.4.3.2 Application.............................................................................................................. 113
4.5.4.3.2.1 Saudi Arabia Electric Farm Tractor Market (by Application) .......................... 113
4.5.4.4 Egypt..............................................................................................................113
11. 11
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.5.4.4.1 Market .................................................................................................................... 113
4.5.4.4.1.1 Market Attributes............................................................................................. 113
4.5.4.4.1.2 Business Challenges ...................................................................................... 113
4.5.4.4.1.3 Business Drivers............................................................................................. 114
4.5.4.4.2 Applications............................................................................................................ 114
4.5.4.4.2.1 Egypt Electric Farm Tractor Market (by Application)...................................... 114
4.5.4.5 Rest-of-Middle East and Africa.......................................................................114
4.5.4.5.1 Market .................................................................................................................... 115
4.5.4.5.1.1 Market Attributes............................................................................................. 115
4.5.4.5.1.2 Business Challenges ...................................................................................... 115
4.5.4.5.1.3 Business Drivers............................................................................................. 115
4.5.4.5.2 Application.............................................................................................................. 115
4.5.4.5.2.1 Rest-of-Middle East and Africa Electric Farm Tractor Market (by
Application)............................................................................................................ 115
4.6 China...............................................................................................................117
4.6.1 Market.........................................................................................................117
4.6.1.1 Key Manufacturers in China ...........................................................................117
4.6.1.2 Business Challenges......................................................................................118
4.6.1.3 Business Drivers ............................................................................................118
4.6.2 Application.................................................................................................118
4.6.2.1 China Electric Farm Tractor Market (by Application) ......................................118
4.6.3 Product.......................................................................................................119
4.6.3.1 China Electric Farm Tractor Market (by Battery Type)....................................119
4.6.3.2 China Electric Farm Tractor Market (by Drivetrain Technology) .....................119
4.7 Asia-Pacific and Japan..................................................................................121
4.7.1 Market.........................................................................................................121
4.7.1.1 Key Manufacturers in Asia-Pacific and Japan ................................................121
4.7.1.2 Business Challenges......................................................................................122
4.7.1.3 Business Drivers ............................................................................................122
12. 12
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.7.2 Application.................................................................................................122
4.7.2.1 Asia-Pacific and Japan Electric Farm Tractor Market (by Application)............122
4.7.3 Product.......................................................................................................123
4.7.3.1 Asia-Pacific and Japan Electric Farm Tractor Market (by Battery Type) .........123
4.7.3.2 Asia-Pacific and Japan Electric Farm Tractor Market (by Drivetrain
Technology) ...................................................................................................123
4.7.4 Asia-Pacific and Japan (by Country) .......................................................123
4.7.4.1 Japan.............................................................................................................124
4.7.4.1.1 Market .................................................................................................................... 124
4.7.4.1.1.1 Market Attributes............................................................................................. 124
4.7.4.1.1.2 Business Challenges ...................................................................................... 124
4.7.4.1.1.3 Business Drivers............................................................................................. 125
4.7.4.1.2 Application.............................................................................................................. 125
4.7.4.1.2.1 Japan Electric Farm Tractor Market (by Application) ..................................... 125
4.7.4.2 Australia and New Zealand ............................................................................125
4.7.4.2.1 Market .................................................................................................................... 126
4.7.4.2.1.1 Market Attributes............................................................................................. 126
4.7.4.2.1.2 Business Challenges ...................................................................................... 126
4.7.4.2.1.3 Business Drivers............................................................................................. 126
4.7.4.2.2 Application.............................................................................................................. 126
4.7.4.2.2.1 Australia and New Zealand Electric Farm Tractor Market (by Application)
........................................................................................................................ 126
4.7.4.3 India...............................................................................................................127
4.7.4.3.1 Market .................................................................................................................... 127
4.7.4.3.1.1 Market Attributes............................................................................................. 127
4.7.4.3.1.2 Business Challenges ...................................................................................... 127
4.7.4.3.1.3 Business Drivers............................................................................................. 127
4.7.4.3.2 Application.............................................................................................................. 128
4.7.4.3.2.1 India Electric Farm Tractor Market (by Application) ....................................... 128
4.7.4.4 Indonesia .......................................................................................................128
13. 13
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
4.7.4.4.1 Market .................................................................................................................... 128
4.7.4.4.1.1 Market Attributes............................................................................................. 128
4.7.4.4.1.2 Business Challenges ...................................................................................... 129
4.7.4.4.1.3 Business Drivers............................................................................................. 129
4.7.4.4.2 Application.............................................................................................................. 129
4.7.4.4.2.1 Indonesia Electric Farm Tractor Market (by Application) ............................... 129
4.7.4.5 Rest-of-Asia-Pacific and Japan ......................................................................129
4.7.4.5.1 Market .................................................................................................................... 130
4.7.4.5.1.1 Market Attributes............................................................................................. 130
4.7.4.5.1.2 Business Challenges ...................................................................................... 130
4.7.4.5.1.3 Business Drivers............................................................................................. 130
4.7.4.5.2 Application.............................................................................................................. 131
4.7.4.5.2.1 Rest-of-Asia-Pacific and Japan Electric Farm Tractor Market (by
Application)............................................................................................................ 131
5 Markets - Competitive Benchmarking & Company Profiles....... 132
5.1 Competitive Benchmarking ..........................................................................133
5.2 Market Share Analysis ..................................................................................135
5.2.1 Market Share Analysis of Global Electric Farm Tractor Companies.....135
5.2.2 Alke.............................................................................................................137
5.2.2.1 Company Overview........................................................................................137
5.2.2.1.1 Role of Alke in the Global Electric Farm Tractor Market........................................ 137
5.2.2.1.2 Product Portfolio..................................................................................................... 137
5.2.2.2 Strengths and Weaknesses of Alke................................................................138
5.2.3 Cummins Inc..............................................................................................139
5.2.3.1 Company Overview........................................................................................139
5.2.3.1.1 Role of Cummins Inc. in the Global Electric Farm Tractor Market ........................ 139
5.2.3.1.2 Product Portfolio..................................................................................................... 140
5.2.3.2 Business Strategies .......................................................................................140
5.2.3.2.1 Product Developments........................................................................................... 140
14. 14
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
5.2.3.3 Corporate Strategies ......................................................................................140
5.2.3.4 Strengths and Weaknesses of Cummins Inc. .................................................141
5.2.4 Deere & Company......................................................................................142
5.2.4.1 Company Overview........................................................................................142
5.2.4.1.1 Role of Deere & Company in the Global Electric Farm Tractor Market................. 142
5.2.4.1.2 Product Portfolio..................................................................................................... 142
5.2.4.2 Business Strategies .......................................................................................143
5.2.4.2.1 Product Developments........................................................................................... 143
5.2.4.3 Strengths and Weaknesses of Deere & Company..........................................143
5.2.5 Escorts Limited..........................................................................................144
5.2.5.1 Company Overview........................................................................................144
5.2.5.1.1 Role of Escorts Limited in the Global Electric Farm Tractor Market...................... 144
5.2.5.1.2 Product Portfolio..................................................................................................... 144
5.2.5.2 Business Strategies .......................................................................................145
5.2.5.2.1 Product Developments........................................................................................... 145
5.2.5.3 Strengths and Weaknesses of Escorts Limited...............................................145
5.2.6 Fendt...........................................................................................................146
5.2.6.1 Company Overview........................................................................................146
5.2.6.1.1 Role of Fendt in the Global Electric Farm Tractor Market ..................................... 146
5.2.6.1.2 Product Portfolio..................................................................................................... 146
5.2.6.2 Business Strategies .......................................................................................147
5.2.6.2.1 Product Developments........................................................................................... 147
5.2.6.3 Strengths and Weaknesses of Fendt..............................................................147
5.2.7 Kubota Corporation...................................................................................148
5.2.7.1 Company Overview........................................................................................148
5.2.7.1.1 Role of Kubota Corporation in the Global Electric Farm Tractor Market ............... 148
5.2.7.1.2 Product Portfolio..................................................................................................... 149
5.2.7.2 Business Strategies .......................................................................................149
5.2.7.2.1 Product Developments........................................................................................... 149
15. 15
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
5.2.7.3 Strengths and Weaknesses of Kubota Corporation ........................................149
5.2.8 Motivo Engineering ...................................................................................150
5.2.8.1 Company Overview........................................................................................150
5.2.8.1.1 Role of Motivo Engineering in Global Electric Farm Tractor Market...................... 150
5.2.8.1.2 Product Portfolio..................................................................................................... 150
5.2.8.2 Strengths and Weaknesses of Motivo Engineering ........................................150
5.2.9 Solectrac, Inc. ............................................................................................151
5.2.9.1 Company Overview........................................................................................151
5.2.9.1.1 Role of Solectrac, Inc. Inc. in the Global Electric Farm Tractor Market................. 151
5.2.9.1.2 Product Portfolio..................................................................................................... 151
5.2.9.2 Business Strategies .......................................................................................152
5.2.9.2.1 Product Developments........................................................................................... 152
5.2.9.3 Strengths and Weaknesses of Solectrac, Inc. ................................................152
5.2.10 Sonalika......................................................................................................153
5.2.10.1 Company Overview........................................................................................153
5.2.10.1.1 Role of Sonalika in the Global Electric Farm Tractor Market................................. 153
5.2.10.1.2 Product Portfolio..................................................................................................... 153
5.2.10.2 Business Strategies .......................................................................................154
5.2.10.2.1 Product Developments........................................................................................... 154
5.2.10.3 Strengths and Weaknesses of Sonalika .........................................................154
5.2.11 Monarch Tractor ........................................................................................155
5.2.11.1 Company Overview........................................................................................155
5.2.11.1.1 Role of Monarch Tractor in the Global Electric Farm Tractor Market .................... 155
5.2.11.1.2 Product Portfolio..................................................................................................... 155
5.2.11.2 Business Strategies .......................................................................................156
5.2.11.2.1 Product Developments........................................................................................... 156
5.2.11.3 Strengths and Weaknesses of Monarch Tractor.............................................156
5.2.12 Yanmar Holdings Co., Ltd.........................................................................157
5.2.12.1 Company Overview........................................................................................157
16. 16
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
5.2.12.1.1 Role of Yanmar Holdings Co., Ltd. in the Global Electric Farm Tractor Market
............................................................................................................................... 157
5.2.12.1.2 Product Portfolio..................................................................................................... 157
5.2.12.2 Business Strategies .......................................................................................158
5.2.12.2.1 Product Developments........................................................................................... 158
5.2.12.3 Strengths and Weaknesses of Yanmar Holdings Co., Ltd. .............................158
5.2.13 AutoNxt Automation Pvt. Ltd....................................................................159
5.2.13.1.1 Company Overview................................................................................................ 159
5.2.13.2 Role of AutoNxt Automation Pvt. Ltd. in the Global Electric Farm Tractor
Market............................................................................................................159
5.2.13.2.1 Product Portfolio..................................................................................................... 159
5.2.13.3 Strengths and Weaknesses of AutoNxt Automation Pvt. Ltd. Strength ...........160
5.2.14 Cellestial.....................................................................................................161
5.2.14.1 Company Overview........................................................................................161
5.2.14.1.1 Role of Cellestial in the Global Electric Farm Tractor Market................................ 161
5.2.14.1.2 Product Portfolio..................................................................................................... 161
5.2.14.2 Strengths and Weaknesses of Cellestial ........................................................162
5.2.15 Ztractor.......................................................................................................163
5.2.15.1 Company Overview........................................................................................163
5.2.15.1.1 Role of Ztractor in Global Electric Farm Tractor Market ........................................ 163
5.2.15.1.2 Product Portfolio..................................................................................................... 163
5.2.15.2 Business Strategy ..........................................................................................164
5.2.15.2.1 Product Development ............................................................................................ 164
5.2.15.3 Corporate Strategies ......................................................................................164
5.2.15.3.1 Collaborations ........................................................................................................ 164
5.2.15.4 Strengths and Weaknesses of Ztractor ..........................................................164
5.2.16 EcoFactor...................................................................................................165
5.2.16.1 Company Overview........................................................................................165
5.2.16.1.1 Role of Ecofactor in the Global Electric Farm Tractor Market ............................... 165
5.2.16.1.2 Product Portfolio..................................................................................................... 165
17. 17
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
5.2.16.2 Business Strategy ..........................................................................................166
5.2.16.2.1 Product development ............................................................................................. 166
5.2.16.3 Strengths and Weaknesses of Ecofactor........................................................166
5.2.17 Other Key Players......................................................................................167
6 Research Methodology ........................................................... 168
6.1 Data Sources..................................................................................................168
6.1.1 Primary Data Sources ...............................................................................168
6.1.2 Secondary Data Sources ..........................................................................168
6.1.3 Data Triangulation.....................................................................................169
6.2 Market Estimation and Forecast...................................................................170
6.2.1 Factors for Data Prediction and Modelling .............................................170
18. 18
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
List of Figures
Figure 1: Global Electric Farm Tractor Market, $Million, 2020-2026
Figure 2: Market Drivers and Challenges in Global Electric Farm Tractor Market
Figure 3: Global Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Figure 4: Global Electric Farm Tractor Market (by Driveline Technology), $Million, 2020-2026
Figure 5: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026
Figure 6: Global Electric Farm Tractor Market (by Region), $Million, 2020
Figure 7: Electric Farm Tractor Market Coverage
Figure 8: Supply Chain Analysis of Global Electric Farm Tractor Market
Figure 9: Global Electric Farm Tractor Patent Trend, 2005-2021
Figure 10: Total Number of Patents for Electric Farm Tractor Market (by Year), January 2015-December
2021
Figure 11: Patent Analysis (by Status), January 2015-December 2021
Figure 12: Total Patents Filed or Granted for Electric Farm Tractor Market (by Year), January 2015-
December 2021
Figure 13: Patents Analysis (by Organization), January 2015-December 2021
Figure 14: Percentage of Total Urban Population, 2001-2020
Figure 15: Employment in Agriculture, 2000-2019
Figure 16: Percent of Value Addition by Agriculture, Forestry, and Fishery
Figure 17: Agriculture Sector Emissions
Figure 18: Agriculture Revenue Generated per Worker (In $)
Figure 19: Share of Key Market Strategies and Development, January 2018-December 2021
Figure 20: Product Development (by Company), January 2018-December 2021
Figure 21: Market Developments (by Company), January 2018-December 2021
Figure 22: Mergers and Acquisitions (by Company), January 2018-December 2021
Figure 23: Partnerships, Collaborations and Joint Venture (by Company), January 2018-December 2021
Figure 24: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026
Figure 25: North America Electric Farm Tractor Market, $Million, 2020-2026
Figure 26: South America Electric Farm Tractor Market, $Million, 2020-2026
Figure 27: Europe Electric Farm Tractor Market, $Million, 2020-2026
Figure 28: U.K. Electric Farm Tractor Market, $Million, 2020-2026
19. 19
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
Figure 29: Middle East and Africa Electric Farm Tractor Market, $Million, 2020-2026
Figure 30: China Electric Farm Tractor Market, $Million, 2020-2026
Figure 31: Asia-Pacific and Japan Electric Farm Tractor Market, $Million, 2020-2026
Figure 32: Competitive Market High and Low Matrix
Figure 33: Market Share Analysis of Electric Farm Tractor Companies, 2020
Figure 34: Data Triangulation
Figure 35: Top-Down and Bottom-Up Approach
Figure 36: Assumptions and Limitations
20. 20
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
List of Tables
Table 1: Government Initiatives
Table 2: Key Consortiums in Electric Farm Tractor Industry
Table 3: Light-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor Market
Table 4: Medium-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor
Market
Table 5: Heavy-Duty Electric Farm Tractors Offered by Key Companies in Electric Farm Tractor Market
Table 6: Global Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 7: Global Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 8: Global Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 9: Global Electric Farm Tractor Market (by Region), $Million, 2020-2026
Table 10: North America Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 11: North America Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 12: North America Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 13: North America Electric Farm Tractor Market (by Country), $Million, 2020-2026
Table 14: U.S. Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 15: Mexico Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 16: Canada Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 17: Rest-of-North America Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 18: South America Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 19: South America Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 20: South America Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 21: South America Electric Farm Tractor Market (by Country), $Million, 2020-2026
Table 22: Chile Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 23: Argentina Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 24: Brazil Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 25: Rest-of-South America Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 26: Europe Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 27: Europe Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 28: Europe Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 29: Europe Electric Farm Tractor Market (by Country), $Million, 2020-2026
21. 21
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
Table 30: Norway Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 31: Germany Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 32: France Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 33: Netherlands Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 34: Sweden Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 35: Rest-of-Europe Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 36: U.K. Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 37: U.K. Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 38: U.K. Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 39: Middle East and Africa Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 40: Middle East and Africa Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 41: Middle East and Africa Electric Farm Tractor Market (by Drivetrain Technology), $Million,
2020-2026
Table 42: Middle East and Africa Electric Farm Tractor Market (by Country), $Million, 2020-2026
Table 43: U.A.E. Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 44: South Africa Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 45: Saudi Arabia Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 46: Egypt Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 47: Rest-of-Middle East and Africa Electric Farm Tractor Market (by Application), $Million, 2020-
2026
Table 48: China Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 49: China Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 50: China Electric Farm Tractor Market (by Drivetrain Technology), $Million, 2020-2026
Table 51: Asia-Pacific and Japan Electric Farm Tractor Market, (by Application), $Million, 2020-2026
Table 52: Asia-Pacific and Japan Electric Farm Tractor Market (by Battery Type), $Million, 2020-2026
Table 53: Asia-Pacific and Japan Electric Farm Tractor Market, (by Drivetrain Technology), $Million,
2020-2026
Table 54: Asia-Pacific and Japan Electric Farm Tractor Market (by Country), $Million, 2020-2026
Table 55: Japan Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 56: Australia and New Zealand Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 57: India Electric Farm Tractor Market (by Application), $Million, 2020-2026
Table 58: Indonesia Electric Farm Tractor Market (by Application), $Million, 2020-2026
22. 22
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
Table 59: Rest-of-Asia-Pacific and Japan Electric Farm Tractor Market (by Application), $Million, 2020-
2026
Table 60: Alke: Product Portfolio
Table 61: Cummins Inc.: Product Portfolio
Table 62: Cummins Inc.: Product Developments
Table 63: Cummins Inc.: Partnerships and Joint Ventures
Table 64: Deere & Company: Product Portfolio
Table 65: Deere & Company: Product Developments
Table 66: Escorts Limited: Product Portfolio
Table 67: Escorts Limited: Product Developments
Table 68: Fendt: Product Portfolio
Table 69: Fendt: Product Developments
Table 70: Kubota Corporation.: Product Portfolio
Table 71: Kubota Corporation: Product Developments
Table 72: Motivo Engineering: Product Engineering
Table 73: Solectrac, Inc. Inc: Product Portfolio
Table 74: Solectrac, Inc: Product Developments
Table 75: Sonalika: Product Portfolio
Table 76: Sonalika: Product Developments
Table 77: Monarch Tractor: Product Portfolio
Table 78: Monarch Tractor: Product Developments
Table 79: Yanmar Holdings Co., Ltd.: Product Portfolio
Table 80: Yanmar Co. Ltd.: Product Developments
Table 81: AutoNxt Automation Pvt. Ltd.: Product Portfolio
Table 82: Cellestial: Product Portfolio
Table 83: Ztractor: Product Portfolio
Table 84: Ztractor: Product Development
Table 85: Ztractor: Collaborations
Table 86: Ecofactor: Product Portfolio
Table 87: Ecofactor: Product Development
Table 88: Other Key Players in Global Electric Farm Tractor Market
23. 23
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
BIS Research Offerings:
We are on a mission to harness the potential of disruptive technologies to make businesses thrive in today’s
digital age. We have a vision to be a leading and a preferred knowledge partner for corporates and institutions
worldwide and assist them with market intelligence in the area of emerging technologies, advisories, and other
innovative solutions.
Know More Know More
Know More
Know More
24. 24
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
Disclaimer
BIS Research Inc. provides valuable market intelligence to an exclusive group of customers in response to
orders. The report is licensed for the customer's internal use only and is subject to restrictions set henceforth.
This document and its contents are confidential and may not be further distributed, published or reproduced,
in whole or in part, by any medium or in any form for any purpose, without the express written consent of BIS
Research Inc. Customer will not disclose the contents of the report, whether directly in any media or indirectly
through incorporation in a database, marketing list, report or otherwise, or use or permit the use of Information
to generate any statistical or other information that is or will be provided to third parties; or voluntarily produce
Information in legal proceedings.
Market reports are based on expectations, estimates and projections as of the date such information is
available. Any recommendation contained in this report may not be suitable for all investors or businesses.
The market conclusions drawn are necessarily based upon a number of estimates and assumptions that, while
considered reasonable by BIS Research Inc. as of the date of such statements, are inherently subject to
market fluctuations and business, economic and competitive uncertainties and contingencies
For more details regarding permission, please contact us:
Email: sales@bisresearch.com
Tel: +1 510 404 8135
25. 25
All rights reserved at BIS Research Inc.
G
L
O
B
A
L
E
L
E
C
T
R
I
C
F
A
R
M
T
R
A
C
T
O
R
M
A
R
K
E
T
BIS RESEARCH INC.
39111 Paseo Padre PKWY, Suite 313 Fremont, CA 94538 -1686
E-mail: hello@bisresearch.com | Call Us: +1-510-404-8135
Global Delivery Center
Tower B First Floor, Tapasya Corporate Heights, Greater Noida Expressway,
Sector 126, Noida, U.P., 201303, India
Tel: +91 120 4261540 / 4261544
www.bisresearch.com