Market Overview:
The global autonomous electric tractor market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autonomous electric tractors across various applications, such as airports, factories, ports/docks and mining. Additionally, the increasing focus on reducing emissions and improving fuel efficiency is also contributing to the growth of this market.
Product Definition:
An autonomous electric tractor is a self-driving agricultural vehicle that utilizes sensors and GPS technology to autonomously plow, plant, and harvest crops. Autonomous electric tractors are important because they can reduce labor costs and improve efficiency on large farms.
LGV (Laser Guided Vehicle) Forklift:
LGV forklift is a type of autonomous electric tractor used for material handling in warehouses and manufacturing facilities. LGV forklifts are equipped with laser guidance system that helps the vehicle to move the load without human intervention. The growth factor for this market is expected to be high demand from end-use industries such as automotive, food & beverage, electronics, pharmaceuticals and others which include consumer goods.
Autonomous Electric Tractor:
Autonomous Electric Tractor is a kind of vehicle which can move itself with the help of some sort of energy. It is also known as self-propelled equipment or auto-tractor. Autonomous electric tractor has no physical connection to the source of energy which provides power to drive it along. The fuel used by these vehicles depends on chemical reactions and not electricity like other conventional tractors do.
Application Insights:
The airport application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising demand for light vehicles in airports across the globe owing to growing concerns regarding aircraft safety and security. Airport authorities are increasingly deploying autonomous forklifts with automated material handling systems as they reduce human effort, increase productivity, and also help in reducing workplace accidents.
Airport authorities are also focusing on developing their airports by increasing passenger traffic through various initiatives such as expanding existing terminals or building new ones along with developing air transportation infrastructure which will eventually result in increased demand for autonomous electric tractors at airports globally over the coming years.
Regional Analysis:
Europe accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region is characterized by stringent government regulations regarding carbon emissions, which are anticipated to have a positive impact on the autonomous electric tractor market growth. Additionally, increasing investments in automation technology across several industries including agriculture are expected to drive regional demand over the forecast period.
Asia Pacific autonomous electric tractor market is likely to witness significant growth during the forecast period owing to rising adoption of these tractors across countries such as China and India due to their rapidly expanding agricultural sector coupled with growing need for efficient farm equipment that can work without any human intervention under adverse weather conditions.
Growth Factors:
- Increasing demand for food owing to the growing population
- Rising awareness about the benefits of using autonomous electric tractors
- Technological advancements in autonomous electric tractor systems
- Growing adoption of precision farming techniques
- Government initiatives and subsidies for the purchase of autonomous electric tractors
Scope Of The Report
Report Attributes
Report Details
Report Title
Autonomous Electric Tractor Market Research Report
By Type
LGV (Laser Guided Vehicle) Forklift, Autonomous Electric Tractor
By Application
Airport, Factory, Port/Dock, Mining
By Companies
Charlatte Autonom, Westwell, UISEE, Anhui Yufeng, Jiazhi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Autonomous Electric Tractor Market Report Segments:
The global Autonomous Electric Tractor market is segmented on the basis of:
Types
LGV (Laser Guided Vehicle) Forklift, Autonomous Electric Tractor
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Airport, Factory, Port/Dock, Mining
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Charlatte Autonom
- Westwell
- UISEE
- Anhui Yufeng
- Jiazhi
Highlights of The Autonomous Electric Tractor Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- LGV (Laser Guided Vehicle) Forklift
- Autonomous Electric Tractor
- By Application:
- Airport
- Factory
- Port/Dock
- Mining
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Autonomous Electric Tractor Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An autonomous electric tractor is a machine that uses electricity to move objects. It can be used for agricultural purposes, such as moving crops or livestock.
Some of the major companies in the autonomous electric tractor market are Charlatte Autonom, Westwell, UISEE, Anhui Yufeng, Jiazhi.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Autonomous Electric Tractor Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Autonomous Electric Tractor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Autonomous Electric Tractor Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Autonomous Electric Tractor Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Autonomous Electric Tractor Market Size & Forecast, 2020-2028
4.5.1 Autonomous Electric Tractor Market Size and Y-o-Y Growth
4.5.2 Autonomous Electric Tractor Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 LGV (Laser Guided Vehicle) Forklift
5.2.2 Autonomous Electric Tractor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Airport
6.2.2 Factory
6.2.3 Port/Dock
6.2.4 Mining
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Autonomous Electric Tractor Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Autonomous Electric Tractor Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 LGV (Laser Guided Vehicle) Forklift
9.6.2 Autonomous Electric Tractor
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Airport
9.10.2 Factory
9.10.3 Port/Dock
9.10.4 Mining
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 LGV (Laser Guided Vehicle) Forklift
10.6.2 Autonomous Electric Tractor
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Airport
10.10.2 Factory
10.10.3 Port/Dock
10.10.4 Mining
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 LGV (Laser Guided Vehicle) Forklift
11.6.2 Autonomous Electric Tractor
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Airport
11.10.2 Factory
11.10.3 Port/Dock
11.10.4 Mining
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 LGV (Laser Guided Vehicle) Forklift
12.6.2 Autonomous Electric Tractor
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Airport
12.10.2 Factory
12.10.3 Port/Dock
12.10.4 Mining
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 LGV (Laser Guided Vehicle) Forklift
13.6.2 Autonomous Electric Tractor
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Airport
13.10.2 Factory
13.10.3 Port/Dock
13.10.4 Mining
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Autonomous Electric Tractor Market: Competitive Dashboard
14.2 Global Autonomous Electric Tractor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Charlatte Autonom
14.3.2 Westwell
14.3.3 UISEE
14.3.4 Anhui Yufeng
14.3.5 Jiazhi
