Electric Tractor Market Size, Share, Trends, Demand and Forecast 2030
The Electric Tractor market is projected to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%. The key factors driving the electric tractor market are advancement in battery technology, stringent emission norms, precision agriculture, and incentives on electric tractors are driving the electric tractor market.
Growing stringent emission regulations
The stringent...
Farm Equipment Market – Growth, Trends, and Forecast (2020 – 2025)
The global Farm Equipment Market is projected to
reach USD 113.0 billion by 2025 from an estimated USD 92.2 billion in 2020,
growing at a CAGR of 4.2% during the forecast period, mainly due to attractive
government policies to farmers in the form of loan waivers, credit finance,
monetary aid in difficult times such as drought, pandemic such as COVID-19 etc.
Increasing popularity and awareness...