Why are electric tractors emerging as the regenerative bulls of farming?
Digging into the history of economy, agriculture has been one of the biggest industries in the world to contribute to any nation’s economy. Beginning from elementary schooling, farmers have always been portrayed as sowing seeds and plowing farms with two bulls in the front. Along with ideal climatic conditions, land availability, and soil fertility, agriculture requires heavily strengthened bulls along with sufficient water availability. However, to cater to the demands of the growing population, the use of modern agricultural equipment is being promoted around the world.
A tractor is one of the primary pieces of equipment that is deployed on the agricultural field. A modern tractor enables ease in pulling agricultural implements in the field. Thus, electric farm tractors are expected to be a great driver of modern agricultural practices in the agricultural industry.
Due to the reduction in fuel consumption, the importance of electric tractors has increased in the farming industry, as these tractors operate on batteries.
What is the need for electric tractors in farming?
No wonder traditional tractors that run on either diesel or gasoline have been playing an essential role in farming for over 50 years and have hydraulic fluid-powered transmissions. However, electric tractors are different; they are equipped with advanced systems and use electronic batteries for power consumption, and these batteries can be easily recharged by simply plugging them into charging sockets.
There is no requirement to get into long lines at filling stations for gas or diesel.
Moreover, diesel tractors need a complete engine rebuild after every 6000 hours of operation, which is almost as expensive as purchasing a new tractor. However, an electric tractor can go for a long run of around 5–10 years with a regular need for battery change which can be done easily.
The electric farm tractor market is still in the developing phase. Increased research and development activities are undergoing for the development of advanced electric vehicle technologies, which are expected to increase the battery life offered by these tractors and increase the operating range and efficiency.
According to the BIS Research report, the global electric farm tractor market was valued at $116.5 million in 2020, which is expected to grow with a CAGR of 11.1% and reach $218.9 million by 2026.
To get more information, download this FREE sample report.
The growth in the global electric farm tractor market is expected to be driven by increasing demand for agricultural digitization and automation, along with a need for low emissions to solve the problem of pollution.
What makes electric tractors the future of farming?
Electric farm tractors are manufactured with multiple configurations with respect to tractor type, battery type, and drivetrain technology. Light-duty, medium-duty, and heavy-duty electric tractors are offered by manufacturers. Farmers can opt for the tractors which they find suitable for their field operations.
Here are some other benefits of electric tractors that make them justify future farming needs:
Eco-Friendly: Electric farm tractors are noiseless and run on batteries that can be charged using solar energy too. These tractors are much more efficient than traditional tractors, as their operation includes no extra expenses for fuel or maintenance, and these tractors are smokeless, which helps preserve environmental health.
Efficient: In diesel tractors, when thermal energy is converted into mechanical energy, it procures 35% efficiency with respect to the energy consumed. In contrast, electric tractors are 80% efficient with a fully charged battery, giving great accuracy to work.
Maintenance: Electric tractors have fewer moving parts, which results in lesser maintenance of their machinery. Therefore, the repair costs and related efforts can easily be reduced, and the tractor can be used for a longer period of time.
Cost-Effective: Cost reduction is an important benefit of electric tractors since the battery of electric tractors is rechargeable, and the cost of gas or diesel can be reduced easily. Along with this, electric farm tractors can be charged through solar power too, which also reduces the need and cost of electricity consumption while charging.
Based on drivetrain technology, electric farm tractors are offered in hybrid electric, plug-in hybrid electric, and battery-electric specifications. Along with this, electric tractors also hold several benefits over traditional tractors.
Conclusion
A recent inclination has been witnessed in the agricultural industry toward agricultural mechanization and digitization. The deployment of modern agricultural equipment is being encouraged by government bodies all over the world.
Electric farm tractors have the ability to revolutionize the current agricultural setup and increase agricultural production and efficiency by manifolds.
Additionally, increased subsidies offered to farmers on purchasing electric farm tractors are a great solution against the low adoption of these tractors in the current scenario. This will push the adoption of electric farm tractors and thereby increase agricultural production.
Interested to know more about the developing technologies in your industry vertical? Get the latest market studies and insights from BIS Research. Connect with us at hello@bisresearch.com to learn and understand more.
