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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electricity, not fuel, is used to power electric tractors. They don't emit carbon dioxide, a greenhouse gas that causes pollution and climate change. They can perform as least as well as tractors with a similar horsepower.
Electric tractors work well in vineyards and other areas that currently employ smaller tractors. For situations that require greater power and even longer run periods, e-tractors with stronger (higher HP) motors and larger batteries will be readily available in the upcoming years.
They can operate in the field for up to 12 hours, depending on the tractor, the size of the battery, and the load it is pulling. The battery can be switched on various variants.
The US Electric Tractor Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2029, registering a CAGR of XX% from 2024 to 2030.
Ideanomics, also known as "Ideanomics" or the "Company," announced the introduction of the brand-new e70N electric tractor, a narrow model that is especially designed for ease handling and mobility on farms and vineyards.
The 4WD, 70 HP (horsepower) Solectrac e70N (Narrow) electric tractor is intended for bigger agricultural uses, such as farms, vineyards, and orchards. The e70N presents Solectrac with a daring new market of opportunities.
The e70N enables operators to operate more productively with up to eight hours of operation from a single charge and the option to prolong that time with swappable battery packs. The electric tractor has a small 54-inch width and Level 2 charging capabilities using solar panels or 220 VAC.
Solectrac provides zero-emission electric tractor models for applications that span the spectrum of small hobby farms and special utility operations to larger-scale, commercial-level vineyards and farms. The California Climate Investments program funded this project.
| 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 |
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