Vietnam E-tractor Market - Industry Analysis for the time zone covering 2022-2028 along with the key insights of the market and it's key players. 

Market Forecast By application (agriculture tractor and construction, mining and logistics), by Drive Type (2-wheel drive and 4-wheel drive), By Power Output (Up to 30 HP, 31-100 HP, 101-200 HP, 201-300 HP) and Competitive Landscape

Report Id : AGR-VR-0008 | Updated on : April-2022 | Format : PDF | No. of Pages 80+

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Vietnam E-tractor Market Overview

The Vietnam E-tractor market which is being recorded as low for the past three years after two years of exceptional growth. Why the agriculture sector was downgraded over the last three years because of the high labor cost and complexities in the tractor and agriculture-related industries. The e-Tractor market around the globe has seen the rise because of the cheaper rate, more efficiency, and reduced dependence on fuel and conventional energies. The Vietnam E-Tractor market is growing at a slow pace but the chances of getting an uptick would be very high.

Vietnam E-tractor Market 2022-2028

Veroresearch has done its research and by analyzing all the possible points, the growth will be witnessed at a CAGR of 3.2% during the forecasting period would be in between 2022 to 2028. The Vietnam farming work vehicle market is projected to enroll a CAGR of 2.5% during the conjecture time frame (2022-2028). The Vietnam E-Tractor market outlook and size will change soon with further expansion and likewise, conditions will have opted.

Covid 19 impact and E-Tractor market analysis

COVID-19 adversely affected this industry because of the disturbances in the store network and postponements in the assembling of farm trucks. The showroom network was severely impacted, prompting a sharp decrease in the deals of farm haulers in the principal quarter of 2020.

Rice, maize, and sugarcane are the most developed crops, with rice being the most automated crop. Over 68% of the developed region under Vietnam is automated. Around 50% of farming work vehicles have a limit of under 13HP, and 34% have 12 to 34 HP, while 11.4% have a limit of more than 34 HP. In the Mekong Delta of Vietnam, wetland rice is the main harvest. Farm trucks are principally utilized in automated land groundwork for crop creation of rice, corn, and sugarcane. The rising ranch automation rates, increasing expenses of homestead work, and more limited substitution patterns of farm trucks are the main considerations crediting to the development of farm haulers deals.

Cutthroat Landscape

The Vietnam horticultural farm truck market is united with the presence of worldwide players in the country. Kubota, CLAAS, Yanmar, and VEAM are a portion of the key part of working in the business. These organizations are growing their business exercises by zeroing in on new item dispatches, associations, and speculations. Notwithstanding, over 70% of the farm trucks in Vietnam are imported for homegrown use in horticulture.

Key part of The Report

  • CLAAS KGaA mbH
  • Vietnam Engine and Agricultural Machinery Corporation
  • Yanmar America Corporation
  • Kubota Tractor Corporation

Geographical representation

A vastly improved comprehension of the free modern areas alongside a lofty ascent in the farming exercises is supposed to contribute to improving the item market and help sound development possibilities to the E-work vehicles in the country for upgraded automation in the area in the approaching future. The quick urbanization in the nation is prompting a forced expanded interest for fisheries and food sources promoting the development of the farming practices which will quite often pace well with the quickly expanding request in an automated manner and is consequently, conceded to be potentially a development proliferator for the item market sooner rather than later.

Vietnam E-farm vehicle Market Report completely covers the key market viewpoints and fundamental key development possibilities of the market alongside giving bits of knowledge of the item market based on market division by application, drive type, power result, and key locales.

Key Topics Covered:

  • Executive Summary
  • Forecast of the Vietnam E-tractor Market for the forecast period 2022-2028
  • Key Players of the Market
  • SWOT Analysis
  • Historical Market Overview for the period 2018-2028
  • Key Information about OEMs and Aftermarket
  • Trends Analysis
  • Agriculture Profile of the key geographic regions off the market
  • Competitive Landscape
  • Key Strategic Recommendations
  • Trends in the sales of E-tractor in Vietnam 
  • Level of Mechanization across key geographical areas
  • Installed base of the product
  • Key Demand Pockets
  • E-tractor Sales in 2020

Report Scope:

The market report would consolidate and overcast light over the following key market offerings:

By Power Output 

  • Up to 30 HP
  • 31-100 HP
  • 101-200 HP
  • 201-300 HP

By Drive Type 

  • 2-wheel drive 
  • 4-wheel drive

By Application 

  • Agriculture
  • Construction
  • Mining
  • Logistics

By Regions

  • Northern Region
  • Eastern Region
  • Western Region
  • Southern Region

Key Market Players Involved: 

  • Mahindra & Mahindra Ltd.
  • TAFE Ltd.
  • Sonalika Group Ltd.
  • Escorts Group Ltd.
  • Captain Tractors Pvt. Ltd.
  • Force Motors Ltd.
  • CNHI India Pvt. Ltd.
Some other Reports List
1. Executive Summary
2. Vietnam E-Tractor Market Scope
2.1. Report Description
2.2. Research Methodology
2.3. Report Coverage & Strcuture
2.4. Assumptions
3. Introduction
3.1. Vietnam E-Tractor Market Revenues, 2018-2028F
3.2. Vietnam E-Tractor Sector Overview
3.3. Vietnam E-Tractor Market - Porter's Five Forces
3.4. Vietnam Tractor Market - PESTEL Analysis
3.5. Vietnam E-Tractor Market - Macro Economic Indicators
3.6. Vietnam E-Tractor Market - Industry Life Cycle
4. Vietnam E-Tractor Market Qualitative Analysis
4.1. Impact Analysis
4.1.1. Market Drivers
4.1.2. Market Restraints
4.1.3. Market Trends
4.2. Long Term Outlook
4.3. Case Study Comparison with Peer Markets and Developed Markets
5. Vietnam E-Tractor Market Overview
5.1. Vietnam E-Tractor Market Revenue & Volume, 2018-2028F
5.2. Vietnam E-Tractor Market Revenue & Volume Share, By HP Range, 2018-2028F
5.3. Vietnam E-Tractor Market Revenue & Volume Share, By Drive, 2018-2028F
5.4. Vietnam E-Tractor Market Revenue & Volume Share, By Application, 2018-2028F
5.5. Vietnam E-Tractor Market Revenue & Volume Share, By Region, 2018-2028F
6. Vietnam E-Tractor Market Overview, By HP Range, 2018-2028F
6.1. Vietnam E-Tractor Market Revenue & Volume Share, Upto 30 HP, 2018-2028F
6.2. Vietnam E-Tractor Market Revenue & Volume Share, 31-100 HP, 2018-2028F
6.3. Vietnam E-Tractor Market Revenue & Volume Share, 101-200 HP, 2018-2028F
6.4. Vietnam E-Tractor Market Revenue & Volume Share, 201-300 HP, 2018-2028F
7. Vietnam E-Tractor Market Overview, By Drive, 2018-2028F
7.1. Vietnam E-Tractor Market Revenue & Volume Share, By Two Wheel Drive, 2018-2028F
7.2. Vietnam E-Tractor Market Revenue & Volume Share, By Four Wheel Drive, 2018-2028F
8. Vietnam E-Tractor Market Overview, By Application, 2018-2028F
8.1.  Vietnam E-Tractor Market Revenue & Volume Share, By Agriculture, 2018-2028F
8.2.  Vietnam E-Tractor Market Revenue & Volume Share, By Construction, 2018-2028F
8.3.  Vietnam E-Tractor Market Revenue & Volume Share, By Mining, 2018-2028F
8.4.  Vietnam E-Tractor Market Revenue & Volume Share, By Logistic, 2018-2028F
9. Vietnam E-Tractor Market Overview, By Regions
9.1. Vietnam E-Tractor Market Revenue & Volume Share, By Northern Region, 2018-2028F
9.2. Vietnam E-Tractor Market Revenue & Volume Share, By Eastern Region, 2018-2028F
9.3. Vietnam E-Tractor Market Revenue & Volume Share, By Western Region, 2018-2028F
9.4. Vietnam E-Tractor Market Revenue & Volume Share, By Southern Region, 2018-2028F
10. Vietnam E-Tractor Market Performance Takeways
11. Vietnam E-Tractor Market Competitive Landscape
11.1. Vietnam Landscape - Key Players, Revenue & Presence
11.2. Vietnam Market Share Analysis - Key Players
11.3. Vietnam Emerging Companies
11.4. Vietnam Key Players - Growth Matrix
12. Company Profiles
12.1. Escorts Group Ltd.
12.2. Mahindra & Mahindra Ltd.
12.3. TAFE Ltd.
12.4. Sonalika Group Ltd.
12.5. CNHI India Pvt. Ltd
12.6. Captain Tractors Pvt. Ltd.
12.7. Force Motors Ltd. 
13. Pre & Post COVID-19 Impact
14. Strategic Recommendations

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