According to VeroResearch, the Global E Tractor Market is anticipated to witness a CAGR of xx% during the forecast period 2021-27. The product market is expected to register sound growth prospects in the coming time frame on the back of rising growth of the electro mobility players and electric transmission in the automotive industry which is, anticipated to be a growth proliferating factor for the market at global level in the upcoming six years.
Key Drivers of the Global E-Tractor Market
- The market is expected to witness a spur in the coming time zone on the back of an increase in the growth of the electric mobility persistence in the agricultural sector.
- A rise in the massive urbanization is leading to a shift of many of the agriculturalists and farmers to cities and towns in search for better livelihood, which is instigating the growth of the automation in the agricultural machinery.
- A spur in the growth of the government initiatives for the growth and enhancement of modern agricultural practices is anticipated to be, yet, another factor for the growth and development of the product market in the coming time zone and offer the potential investors of the market to seek sound growth prospects in the coming time frame.
- The consistent rising demand for food grains is, yet, anticipated to be another growth proliferator for the market in the upcoming six years owing to the persistence growth and development of the agricultural industry in the developed and developing nations across the globe.
- The increasing amount of consciousness of farmers for integrated farming methods to spur mechanized farming is projected to be a growth proliferator for the product market in the near future.
- Executive Summary
- Key Demand Pockets
- Key Information about OEMs and Aftermarket
- Trends Analysis
- E-tractor Sales in 2020
- Competitive Landscape
- Key Strategic Recommendations
- Key Players of the Market
- Trends in the sales of E-tractor Worldwide
- Level of Mechanization across key geographical areas
- Installed base of the product
- Mahindra Mahindra Ltd.
- TAFE Ltd.
- CNHI India Pvt Ltd.
- CLAAS.
- Yanmar Co. Ltd.
- J.C. Bamford Excavators Ltd.