By 2030 The European Union plans to run 30+ million electric vehicles. To achieve this objective they are introducing a set of rules and regulations for e-vehicles, establishing large EV charging infrastructure, facilitating car manufactures to produce more electric vehicles over conventional fuel vehicles.
According to Pheonix Research, Europe Electric Tractors Market is expected to reach the value of $XX million by 2026 growing at a CAGR of xx% during 2021-2027. Growing attention towards clean and green energy also adopting cost-effective agricultural methods boosting acceptance of electric tractors in Europe. Effective government policies, low maintenance charges, very little noise pollution with minimum motor vibration further amplifying the growth of electric tractors.
The growing number of charging stations, up-gradation in farming equipment such as advance plowing, seeder, tiling harrowing, etc. along with the utilization of internet technologies like GPS, Remote Sensors, Telematics, multiple vehicle monitoring systems, and collaboration of various giant tech companies for reformation electric market in coming years.
By Countries, Turkey contributing the highest revenue in terms of electric tractor sales. Where United Kingdom, France, and Germany are considerable markets for electric tractors in the European Union.
Major Players operating in Electric Tractor Market Includes John Deere, Kubota Corporation, SOLECTRAC, CNH Industrial, Caterpillar Inc., Yanmar Co. Ltd., Cummins, Escorts Limited, MTZ Equipment Ltd, Multi Tool Trac BV, SDF, Class, Argo Tractors, Lovol Arbos Group, Carraro, and Tumosan, and Others.
The research study provides a comprehensive assessment of the Electric Tractor market in Europe. Report prepared via in-depth primary statics, qualitative analysis, valid casting, and historical data about market sizing. The interpolations highlighted in the report have been obtained using determined research methodologies and subjective assumptions.
KEY MARKET COMPETITORS: EUROPE ELECTRIC TRACTOR MARKET:
Market Segmentation
By Tractor Type
• Light
• Medium
• Heavy-duty
By Drivetrain Technology
• Hybrid Electric Vehicle (HEV)
• Battery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
By Powertrain Type
• Series Hybrid
• Parallel Hybrid
• Combined Hybrid
By Battery Type
• Lithium-ion
• Lead Acid
By Applications
By Country
• United Kingdom
• Italy
• Switzerland
• France
• Germany
• Poland
• Spain
• Russia
• Netherlands
• Rest of Europe
RESEARCH METHODOLOGY: EUROPE ELECTRIC TRACTOR MARKET
Data collection modules with large sample sizes are used for data collection and base year analysis. Market share analysis and key trend analysis are the major factors for success in any market report. Market statistical and coherent models are used to analyze the market data. Please request an analyst call for more information on research methodology
Phoenix research consultants use their proprietary research methodology to evaluate data that involves data mining, analysis of the impact of data variables on the market, and primary validation. Furthermore, other data models consist of market overview and guide, company matrix, key intensity vendor mapping, market forecasting analysis, company share analysis, top-down and bottom-up analysis, and others.
DEMAND AND SUPPLY SIDE- PRIMARY RESEARCH RESPONDENT
Demand Side: Commercial Buyers, Group Purchasing Organizations, Associations, Government Authorities, Academic and Universities, Technological Expertise, researcher, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, Senior and mid-level Executives, Distributors, Market Intelligence, and Regulatory Authority Managers among others.
REPORT INSIGHTS:
• To gain insights into the competitive milieu in the market
• End-user assessment /Customer behaviors
• Detailed Demand and Supply Assessment
• Key market drivers and restraints Analysis
• Competitive landscape of the key players involved
• In-depth analysis of the market segmentation
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