CHINA ELECTRIC TRACTOR BATTERY MARKET

INTRODUCTION

China sets worldwide trends in the use of electric vehicles. China continually prioritizes innovation and progress in the agricultural sector. In terms of agricultural land area, China is relatively large compared to other nations.

The e-tractor is good for the environment since it produces no emissions. Traditional tractors utilize either diesel or gasoline as their main fuel and a hydraulic fluid-powered gearbox. Electric tractors don't.

They are run on rechargeable electronic batteries, which can be recharged by plugging them into a socket. The agricultural business is moving toward battery-operated vehicles since electric tractors offer better efficiency and require less maintenance.

In China, the main industries where electric tractors are employed more widely are logistics and transportation. Since China is a major global industrial hub, the demand for less expensive means of transportation and logistics drives up the market for electric tractor batteries in China.

CHINA ELECTRIC TRACTOR BATTERY MARKET SIZE AND FORECAST

The China Electric tractor battery market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

MARKET DYNAMICS

Exide Industries, the leading manufacturer of electric tractor batteries in India, has announced plans to partner with SVOLT Energy Technology of China to create a lithium-ion cell production facility.

The multi-gigawatt greenfield Li-ion cell facility's construction will be done in two stages. The plant, which is anticipated to begin operating in the next few years, would initially have a 6 gigawatt-hour (GWh) annual production capacity, with a target of increasing to 12 GWh in 8–10 years. 

Exide Industries and SVOLT, a high-tech lithium-ion manufacturer with its headquarters in Jiangsu, have agreed to work together technically. Under the terms of this agreement, SVOLT will irrevocably grant Exide the right and license to utilize, exploit, and commercialize the technology and know-how required for the production of lithium-ion cells that SVOLT owns.

COMPANY PROFILE

• CATL
• BYD
• CLAAS
• Exide Industries
• Deutz Fahr
• Massey Ferguson
• Kubota
• New Holland Agriculture 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perChina Electric tractor battery marketright now and how will it change in next 5-6 years?
2. Average cost to set up anElectric tractor battery marketinChina?
3. How manyChina Electric tractor battery marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aChina Electric tractor battery marketand key vendor selection criteria
6. Where is theChina Electric tractor battery marketmanufactured? What is the average margin per equipment?
7. Market share ofChina Electric tractor battery marketmanufacturers and their upcoming products
8. The most important plannedChina Electric tractor battery marketin next 2 years
9. Details on network of majorChina Electric tractor battery marketand pricing plans
10. Cost advantage for OEMs who manufactureChina Electric tractor battery marketin-house
11. 5 key predictions for next 5 years inChina Electric tractor battery market
12. Average B-2-BChina Electric tractor battery marketprice in all segments
13. Latest trends inChina Electric tractor battery market, by every market segment
14. The market size (both volume and value) ofChina Electric tractor battery marketin 2022-2027 and every year in between?
15. Global production breakup ofChina Electric tractor battery market, by suppliers and their OEM relationship