Global Tractor Battery Market 2021-2026

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    GLOBAL TRACTOR BATTERY MARKET

    KEY FINDINGS

    • Production of primary lead is declining throughout the world. This means every year more and more lead is being produced through secondary routes involving hundreds of small-scale recyclers across the world.
    • Improper handling and recycling of lead causes undeniable risk to the health of the workers and impacts the surrounding areas and the environment at large. Therefore, it is essential to ensure that secondary production of lead is done in an ecofriendly manner in the facilities only registered by Pollution Control Boards in their respective regions.
    • Responsibilities have been fixed for manufacturers, importers, re-conditioners and assemblers to ensure that used batteries are collected back and routed to registered recyclers.
    • Several standards have been developed for the design, testing, and installation of lead-acid batteries. The internationally recognized standards listed have been created by the International Electrotechnical Commission (IEC) and the Institution of Electrical and Electronics Engineers (IEEE).
    • The new regulation in Europe (EUROBAT) will provide an updated battery policy framework because of the essential role of batteries in achieving a climate-neutral EU society by 2050.

     

    INTRODUCTION

    Battery technologies are at the core of future electric mobility. The progress in these technologies covering the whole value chain into the product and the entire circular economy: the exploration, mining and processing of raw materials, battery design and production, use and end-of-life product management.

     

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    Lead-acid batteries are the most common large-capacity rechargeable batteries. They are very popular because they are dependable and inexpensive on a cost-per-watt basis. Only few other batteries deliver bulk power as cheaply as lead-acid, and this makes the battery cost-effective for tractors.

    TRACTOR BATTERY MARKET DYNAMICS

    The main policy challenges related to battery technologies is the improvement in competitiveness, promotion of circular economy and decrease in the dependency upon imported raw materials.

    Europe has been active in formulating development strategies for battery technologies, even though they rely on several raw materials that primarily depend on import and policy actions and fleet emission regulations to facilitate the implementation of the recent technologies.

    Charge and discharge efficiency is a performance scale that can be used to assess battery efficiency. Lithium secondary batteries have the highest charge and discharge efficiency, at 95%, while lead storage batteries are at about 60%–70%.

    The development of electric-powered equipment and vehicles is expected to continue to increase in the coming years. As such, over the past several years, many component manufacturers have begun diversifying their product portfolios to include an upgraded battery for tractors.

    Continuing investments in Li-ion technologies are leading to batteries that perform better against multiple attributes, especially energy density and cycle life.

    The resulting improvements in battery range, price, and model availability will foster rapid, near-term acceleration of consumer adoption of the batteries.

     

    TRACTOR BATTERY MARKET SIZE AND FORECAST

    The global tractor battery market is estimated at $XX Billion in 2020 , growing at XX% CAGR till 2025.

     

    Preferred Battery Ratings By Region

    SL No Region Ratings
    1 U. S 500-3700CCA
    2 Europe 75 – 180Ah
    3 India 40 – 135Ah

     

     

    COMPETITIVE LANDSCAPE

    John Deere 8R/8RT Tractor line is equipped with a time-saving battery disconnect switch that allows operators to disconnect battery power to the entire tractor without having to disconnect battery cables. The batteries undergo vibration tests under SAE standards using the highest quality materials and state-of-the-art technology with high-quality construction and computer-designed internal and external components.

    Manufacturers are now furnishing their top line-up with the latest in-cab features and real-time data monitoring systems, selecting Absorbent Glass Mat (AGM) technology battery which requires handling high-frequency stopping, starting, and regenerative braking.

     

     

    COMPANIES PROFILED

     

    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, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    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, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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