Electric Farm Tractor Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Tractor Type:

Based on tractor type, the market is categorized into light-duty tractors, medium-duty tractors, and heavy-duty tractors.

The light-duty tractors hold the largest revenue share of the overall Electric Farm Tractor Market of 45.4% in the year 2024.

• Light-duty tractors are compact in size and are smaller and more maneuverable than the larger farm tractors.
• Additionally, these tractors are easy to use in small spaces and are ideal for small properties. They are equipped with various attachments like loaders, mowers, and tillers, enabling users to easily carry their tasks.
• Furthermore, cost-effectiveness and low operating costs position them as a practical solution for small-scale farmers to transition from manual or fuel-based machinery to electric alternatives.
• For instance, in February 2025, AGCO Corporation and SDF entered in a strategic partnership with an agreement to supply farmers tractors with low-mid range horsepower tractors for AGCO’s Massey Ferguson brand.
• According to the electric farm tractor market analysis, their small architecture, affordability, and growing initiatives by the government to support farmers are significantly driving the market expansion.

The medium-duty tractors segment is expected to grow at the fastest CAGR during the forecast period.

• Medium duty tractors are tractors designed for fields ranging from 5-15 acres. They usually have a power capacity of 40-100 horsepower and are a balance between power and efficiency.
• These tractors are increasingly used in diversified cropping systems, supporting tasks such as deep tillage, seeding, precision spraying, and hauling of moderate loads.
• The segment is gaining traction among agribusinesses and cooperatives focused on replacing diesel fleets with sustainable and scalable electric alternatives.
• Thus, the medium duty tractors segment is expected to grow substantially due to its wide applicability for different tasks and more horsepower significantly boosting the global electric farm tractor market demand.

By Power Source:

Based on power source, the market is categorized into battery-powered electric tractors, hybrid electric tractors, and plug-in electric tractors.

The battery-powered electric tractors hold the largest revenue share of the overall Electric Farm Tractor Market in the year 2024 and is anticipated to have the highest CAGR during the forecast period.

• Battery powered tractors are fully electric tractors that use electric motors powered by batteries and charges with AC or a DC power supply.
• These tractors benefit from advancements in lithium-ion battery technology, including fast-charging capabilities, increased energy density, and extended lifecycle performance, contributing to the growing trend of electric tractors.
• Additionally, they are well-suited for small- to medium-scale farms, vineyards, and orchards where limited land size aligns with moderate power and range requirements.
• For instance, in April 2023, Solectrac, a subsidiary of Ideanomics, launched its e25 electric tractor with features like battery powered hydrostatic transmission, and a mid and independent PTO operation.
• As per the market analysis, with the rising government initiatives and the growing awareness of environmental impact in agriculture, battery powered tractors contribute to the largest revenue and significantly drive the global electric farm tractor market expansion.

By Battery Type:

Based on battery type, the market is categorized into lead-acid batteries and lithium-ion batteries.

The lithium-ion batteries segment holds the largest revenue of the overall Electric Farm Tractor Market share in the year 2024 and is anticipated to have the highest CAGR during the forecast period.

• Lithium-ion batteries are rechargeable devices that store energy which is used to power electric tractors. These batteries provide high energy density and efficiency that aid in performance enhancement, reduced down-time, and benefits the environment.
• Fast-charging capabilities and low self-discharge rates make lithium-ion batteries more practical for continuous, high-demand field operations.
• For instance, in March 2025, Kalmar Corporation announced the first sales of its third generation Kalmar Ottawa Electric Terminal Tractor (OT2 EV). This range of tractors are fully electric and equipped with rechargeable Li-ion batteries with CCS1 connectors that enable fast charging in under an hour.
• Additionally, these batteries are affordable, reduce carbon footprint, and are easily recycled, hence fueling the adoption of lithium-ion technology among farmers.
• According to the market analysis, the technological advance in battery chemistry, eco-friendly application and affordability of the lithium-ion batteries, significantly drive the electric farm tractor market growth.

By Application:

Based on applications, the market is categorized into plowing, tilling, spraying, harvesting, and others.

The plowing segment holds the largest revenue of the overall Electric Farm Tractor Market share in the year 2024.

• Plowing, in agriculture refers to the technique of loosening and turning over the soil to make it ready for planting. This process is usually done with the help of a plow which removes large horizontal clods from the soil.
• Battery-powered and plug-in tractors offer instant torque and precision control, making them highly effective for uniform and fuel-free plowing operations.
• Additionally, plowing continues to represent a critical mechanization need in row crops, cereal, and horticulture farming, requiring reliable torque delivery and traction control—capabilities well-supported by electric motors.
• Therefore, the market analysis shows that the significance of plowing in all kinds of farming makes it the largest segment, substantially driving the electric farm tractor market demand.

The spraying segment is expected to grow at the fastest CAGR during the forecast period.

• Electric tractors equipped with automated spraying systems are increasingly favored for their precision, quiet operation, and ability to operate in environmentally sensitive areas.
• Additionally, these tractors are being incorporated with smart systems like GPS and variable-rate application technologies to ensure accurate pesticide, fertilizer, and micronutrient delivery.
• As awareness increases regarding input efficiency and reduced chemical runoff, smart spraying solutions driven by electric tractors are seeing rapid uptake.
• According to the Electric Farm Tractor Market analysis, spraying segment is expected to grow substantially due to its technological advancements, and growing efficiency in crop yields, significantly boosting the Electric Farm Tractor Market expansion.