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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electric tractors are significant for farming since they use less gasoline and are more cost-effective because they run on batteries. Compared to conventional ones, electric tractors are more environmentally friendly because they may be powered by solar panels or batteries.
These are far more efficient in comparison, don't generate any noise when in operation, and don't require additional fuel costs for maintenance.
Another accomplishment of an electric tractor is the lack of smoke. In a literal sense, the electrical tractor is less expensive than diesel tractors.
The usage of electric tractors can be advantageous for vineyards and other locations that now use smaller tractors. For situations that require more power and even longer operating hours, e-tractors with stronger (higher HP) motors and bigger batteries will be readily available in the next few years.
The Taiwan Electric Tractor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
The MIH Consortium upheld a tradition upheld since its inception by holding its first member event at POPOP Taipei. The occasion provided a platform for the MIH Alliance partners to define a targeted business strategy, particularly in foreign markets like the United States and Thailand, and provided an opportunity for them to network and discuss future development potential, product planning, and more.
The forming alliance of MIH is supported by Lordstown Motors, PTT Thailand, Aptera Motors, Monarch Tractor, and Foxtron Vehicle Technologies. The first solar-powered, non-rechargeable electric vehicle is made by Aptera Motors.
An autonomous electric tractor with replaceable batteries has been introduced by Monarch Tractors, a pioneer in the digital transformation of agriculture.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |