THAILAND ELECTRIC TRACTOR BATTERY MARKET

INTRODUCTION

The most widespread and honourable vocation is farming, and it must be modernised in order to satisfy the demands of the expanding population. 

The development of lithium-ion eTractor batteries is a step toward more environmentally friendly farming methods that reduce the needless strain on the environment. It plays a crucial role in our daily life.

THAILAND ELECTRIC TRACTOR BATTERY MARKET DYNAMICS

A joint venture worth 36.1 billion baht ($1.04 billion) between Foxconn of Taiwan and PTT of Thailand was approved by Thailand's investment agency to develop batteries for electric vehicles. 

The Board of Investment (BOI) announced in a statement that a number of investment proposals totaling 209.5 billion baht in manufacturing and infrastructure were accepted, including the Horizon Plus Co project.

The joint venture project will promote investment in the electric vehicle (EV) sector and further the strategy to establish Southeast Asia as an EV manufacturing hub. On addition, CP Group's Asia Era One Co. 

invested 162.3 billion baht in a high-speed rail project that would link the Eastern Economic Corridor and Bangkok's three airports. 

The BOI also granted additional incentives for investments in the manufacture of EV batteries for both new and existing projects, including a 90 percent reduction in import duties on raw and necessary materials for five years in the event that the product is sold locally.

THAILAND ELECTRIC TRACTOR BATTERY MARKET SIZE AND FORECAST

The Thailand 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.

COMPANY PROFILE

1. LG Chem, Ltd
2. Contemporary Amperex Technology Co. Ltd (CATL)
3. SK Innovation Co., Ltd
4. Panasonic Corporation
5. BYD Company Limited
6. Tianjin Lishen Battery Joint-Stock Co., Ltd
7. Samsung SDI Co., Ltd
8. Guoxuan High-Tech Co., Ltd
9. Microvast Power Systems Co. Ltd
10. Envision Group 
11. Automotive Energy Supply Corporation
12. Funeng Industrial (Ganzhou) Co., Ltd

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Thailand Electric Tractor Battery Market right now and how will it change in next 5-6 years? 
2. Average cost to set up a Thailand Electric Tractor Battery Market inThailand?
3. How manyThailand Electric Tractor Battery Market are 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 a Thailand Electric Tractor Battery Market and key vendor selection criteria
6. Where is theThailand Electric Tractor Battery Market manufactured? What is the average margin per equipment?
7. Market share ofThailand Electric Tractor Battery Market manufacturers and their upcoming products
8. The most important planned Thailand Electric Tractor Battery Market in next 2 years
9. Details on network of majorThailand Electric Tractor Battery Market and pricing plans
10. Cost advantage for OEMs who manufactureThailand Electric Tractor Battery Market in-house
11. 5 key predictions for next 5 years inThailand Electric Tractor Battery Market
12. Average B-2-BThailand Electric Tractor Battery Marketprice in all segments
13. Latest trends inThailand Electric Tractor Battery Market, by every market segment
14. The market size (both volume and value) ofThailand Electric Tractor Battery Marketin 2022-2027 and every year in between?
15. Global production breakup ofThailand Electric Tractor Battery Market, by suppliers and their OEM relationship