Electric vehicles for construction, agriculture and mining will be a US$30 billion market in 2025. Source: AFDJ eNews
Komatsu, John Deere, Caterpillar, and other companies manufacture mainly hybrid vehicles, while some others offer smaller, purely electric versions.
Pure electric is a legal requirement indoors. Outdoors, fuel saving and better performance would be attractive.
A new report explains and provides detailed forecasts, comparisons and assessments in this emerging sector. It shows why the ubiquitous tractor in agriculture will be electric in volume quantities by 2025 and how new forms of vehicle designs are coming.
Benchmarking from the 37 categories of electric vehicles that IDTechEx forecasts, the report explains what new technologies will arrive and why.
Supercapacitors, new power components, greater modularisation and integration will transform this industry.
The report draws on interviews and results of many recent conferences in the sector and covers Caterpillar, John Deere, Mitsubishi, AGCO, Merlo, New Holland, Mahindra, JCB and many other well known companies as well as pioneers in the electrification of agricultural vehicles and a forecast for agricultural electric vehicles 2014-2025.
