Electric Tractor Market Analysis, Trends and Forecast [2030]
The electric tractor market share is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%.
Growing stringency in emission norms and advancements in overall battery technology are primarily driving the developments in electric tractors. Electric tractors offer reduced carbon emissions and lower operational costs, making them attractive options. The electrification...
The Future of Agriculture: Adapting to a Growing World
The future of agriculture is set against the backdrop of a rapidly growing global population and increasing environmental challenges. To feed an anticipated 10 billion people by 2050, agriculture must significantly enhance its output while grappling with the impacts of climate change and resource scarcity. A technological revolution is emerging as a solution, driven by advancements in precision agriculture,...