PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1125304
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1125304
Global Hydrogen Powered Tractor Market Size study, By Installation, By Product, By Application, By Capacity, and Regional Forecasts 2022-2028
Global Hydrogen Powered Tractor Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028.
The Hydrogen Powered Tractor also known as Fuel Cell Tractors are powered by hydrogen fuel. Unlike traditional tractors these tractors do not store energy but convert chemical energy to electric energy. The increasing demand for low-carbon transport fuel and rising adoption of Fuel Cell Vehicles as well as Strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to International Energy Agency estimates - during 2019, Globally the number of commercial fuel cell vehicles were estimated at 1.84 thousand and this number is further increased to 3.22 thousand in 2020. Furthermore, the market is witnessing innovative product launches from leading market players. For instance, in June 2020, National Institute of Agro-machinery Innovation and Creation (CHIAIC) launched China's first hydrogen fuel-cell electric tractor. Moreover, in October 2020, In October 2020 Utrecht, Netherlands based Terberg Group started testing of its first concept hydrogen-powered terminal tractor at UWT in the Port of Rotterdam. Also, rising concern over environmental degradation and increasing R&D activities in Fuel Cell technology are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, a high capital requirement for Hydrogen production and lack of penetration in developing regions impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Hydrogen Powered Tractor Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing adoption hydrogen powered vehicles and presence of leading market players. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of agriculture and mining sector as well as increasing adoption of sustainable fuel alternatives, would create lucrative growth prospects for the global Hydrogen Powered Tractor Market across the Asia Pacific region.
Major market players included in this report are:
Allis Chalmers
Amogy, Inc
Ballard Power Systems
Blue Fuel Solutions
CNH Industrial N.V.
Cummins Inc.
Deere Company
Deutz Fahr group
Fendt
Hyster Yale Group
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Installation
OEM
Retrofit
By Product
Proton Exchange Membrane Fuel Cell
Phosphoric Acid Fuel Cell
Solid Oxide Fuel Cell
By Application
Agriculture
Industries
Mining
By Capacity
Less Than 25 tonnes
More Than 25 tonnes
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019, 2020
Base year - 2021
Forecast period - 2022 to 2028
Target Audience of the Global Hydrogen Powered Tractor Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
- 1.2.1. Global Hydrogen Powered Tractor Market, by Region, 2020-2028 (USD Million)
- 1.2.2. Global Hydrogen Powered Tractor Market, by Installation, 2020-2028 (USD Million)
- 1.2.3. Global Hydrogen Powered Tractor Market, by Product, 2020-2028 (USD Million)
- 1.2.4. Global Hydrogen Powered Tractor Market, by Application, 2020-2028 (USD Million)
- 1.2.5. Global Hydrogen Powered Tractor Market, by Capacity, 2020-2028 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Hydrogen Powered Tractor Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Hydrogen Powered Tractor Market Dynamics
- 3.1. Hydrogen Powered Tractor Market Impact Analysis (2020-2028)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing demand for low-carbon transport fuel.
- 3.1.1.2. Rising adoption of Fuel Cell Vehicles.
- 3.1.1.3. Strategic initiatives from leading market players.
- 3.1.2. Market Challenges
- 3.1.2.1. High capital requirement for production of hydrogen
- 3.1.2.2. Lack of penetration in developing regions.
- 3.1.3. Market Opportunities
- 3.1.3.1. Rising concern over environmental degradation.
- 3.1.3.2. Increasing R&D activities in Fuel Cell technology.
- 3.1.1. Market Drivers
Chapter 4. Global Hydrogen Powered Tractor Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
- 4.2. PEST Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.3. Investment Adoption Model
- 4.4. Analyst Recommendation & Conclusion
- 4.5. Top investment opportunity
- 4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
- 5.1.1. Assessment of the overall impact of COVID-19 on the industry
- 5.1.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Hydrogen Powered Tractor Market, by Installation
- 6.1. Market Snapshot
- 6.2. Global Hydrogen Powered Tractor Market by Installation, Performance - Potential Analysis
- 6.3. Global Hydrogen Powered Tractor Market Estimates & Forecasts by Installation 2018-2028 (USD Million)
- 6.4. Hydrogen Powered Tractor Market, Sub Segment Analysis
- 6.4.1. OEM
- 6.4.2. Retrofit
Chapter 7. Global Hydrogen Powered Tractor Market, by Product
- 7.1. Market Snapshot
- 7.2. Global Hydrogen Powered Tractor Market by Product, Performance - Potential Analysis
- 7.3. Global Hydrogen Powered Tractor Market Estimates & Forecasts by Product 2018-2028 (USD Million)
- 7.4. Hydrogen Powered Tractor Market, Sub Segment Analysis
- 7.4.1. Proton Exchange Membrane Fuel Cell
- 7.4.2. Phosphoric Acid Fuel Cell
- 7.4.3. Solid Oxide Fuel Cell
Chapter 8. Global Hydrogen Powered Tractor Market, by Application
- 8.1. Market Snapshot
- 8.2. Global Hydrogen Powered Tractor Market by Application, Performance - Potential Analysis
- 8.3. Global Hydrogen Powered Tractor Market Estimates & Forecasts by Application 2018-2028 (USD Million)
- 8.4. Hydrogen Powered Tractor Market, Sub Segment Analysis
- 8.4.1. Agriculture
- 8.4.2. Industries
- 8.4.3. Mining
Chapter 9. Global Hydrogen Powered Tractor Market, by Capacity
- 9.1. Market Snapshot
- 9.2. Global Hydrogen Powered Tractor Market by Capacity, Performance - Potential Analysis
- 9.3. Global Hydrogen Powered Tractor Market Estimates & Forecasts by Capacity 2018-2028 (USD Million)
- 9.4. Hydrogen Powered Tractor Market, Sub Segment Analysis
- 9.4.1. Less Than 25 tonnes
- 9.4.2. More Than 25 tonnes
Chapter 10. Global Hydrogen Powered Tractor Market, Regional Analysis
- 10.1. Hydrogen Powered Tractor Market, Regional Market Snapshot
- 10.2. North America Hydrogen Powered Tractor Market
- 10.2.1. U.S. Hydrogen Powered Tractor Market
- 10.2.1.1. Installation estimates & forecasts, 2018-2028
- 10.2.1.2. Product estimates & forecasts, 2018-2028
- 10.2.1.3. Application estimates & forecasts, 2018-2028
- 10.2.1.4. Capacity estimates & forecasts, 2018-2028
- 10.2.2. Canada Hydrogen Powered Tractor Market
- 10.2.1. U.S. Hydrogen Powered Tractor Market
- 10.3. Europe Hydrogen Powered Tractor Market Snapshot
- 10.3.1. U.K. Hydrogen Powered Tractor Market
- 10.3.2. Germany Hydrogen Powered Tractor Market
- 10.3.3. France Hydrogen Powered Tractor Market
- 10.3.4. Spain Hydrogen Powered Tractor Market
- 10.3.5. Italy Hydrogen Powered Tractor Market
- 10.3.6. Rest of Europe Hydrogen Powered Tractor Market
- 10.4. Asia-Pacific Hydrogen Powered Tractor Market Snapshot
- 10.4.1. China Hydrogen Powered Tractor Market
- 10.4.2. India Hydrogen Powered Tractor Market
- 10.4.3. Japan Hydrogen Powered Tractor Market
- 10.4.4. Australia Hydrogen Powered Tractor Market
- 10.4.5. South Korea Hydrogen Powered Tractor Market
- 10.4.6. Rest of Asia Pacific Hydrogen Powered Tractor Market
- 10.5. Latin America Hydrogen Powered Tractor Market Snapshot
- 10.5.1. Brazil Hydrogen Powered Tractor Market
- 10.5.2. Mexico Hydrogen Powered Tractor Market
- 10.6. Rest of The World Hydrogen Powered Tractor Market
Chapter 11. Competitive Intelligence
- 11.1. Top Market Strategies
- 11.2. Company Profiles
- 11.2.1. Allis Chalmers
- 11.2.1.1. Key Information
- 11.2.1.2. Overview
- 11.2.1.3. Financial (Subject to Data Availability)
- 11.2.1.4. Product Summary
- 11.2.1.5. Recent Developments
- 11.2.2. Amogy, Inc
- 11.2.3. Ballard Power Systems
- 11.2.4. Blue Fuel Solutions
- 11.2.5. CNH Industrial N.V.
- 11.2.6. Cummins Inc.
- 11.2.7. Deere Company
- 11.2.8. Deutz Fahr group
- 11.2.9. Fendt
- 11.2.10. Hyster Yale Group
- 11.2.1. Allis Chalmers
Chapter 12. Research Process
- 12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
- 12.2. Research Attributes
- 12.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Hydrogen Powered Tractor Market, report scope
- TABLE 2. Global Hydrogen Powered Tractor Market estimates & forecasts by Region 2018-2028 (USD Million)
- TABLE 3. Global Hydrogen Powered Tractor Market estimates & forecasts by Installation 2018-2028 (USD Million)
- TABLE 4. Global Hydrogen Powered Tractor Market estimates & forecasts by Product 2018-2028 (USD Million)
- TABLE 5. Global Hydrogen Powered Tractor Market estimates & forecasts by Application 2018-2028 (USD Million)
- TABLE 6. Global Hydrogen Powered Tractor Market estimates & forecasts by Capacity 2018-2028 (USD Million)
- TABLE 7. Global Hydrogen Powered Tractor Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 8. Global Hydrogen Powered Tractor Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 9. Global Hydrogen Powered Tractor Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 10. Global Hydrogen Powered Tractor Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 11. Global Hydrogen Powered Tractor Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 12. Global Hydrogen Powered Tractor Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 13. Global Hydrogen Powered Tractor Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 14. Global Hydrogen Powered Tractor Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 15. Global Hydrogen Powered Tractor Market by segment, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 16. Global Hydrogen Powered Tractor Market by region, estimates & forecasts, 2018-2028 (USD Million)
- TABLE 17. U.S. Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 18. U.S. Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 19. U.S. Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 20. Canada Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 21. Canada Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 22. Canada Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 23. UK Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 24. UK Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 25. UK Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 26. Germany Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 27. Germany Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 28. Germany Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 29. RoE Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 30. RoE Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 31. RoE Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 32. China Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 33. China Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 34. China Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 35. India Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 36. India Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 37. India Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 38. Japan Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 39. Japan Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 40. Japan Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 41. RoAPAC Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 42. RoAPAC Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 43. RoAPAC Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 44. Brazil Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 45. Brazil Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 46. Brazil Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 47. Mexico Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 48. Mexico Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 49. Mexico Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 50. RoLA Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 51. RoLA Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 52. RoLA Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 53. Row Hydrogen Powered Tractor Market estimates & forecasts, 2018-2028 (USD Million)
- TABLE 54. Row Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 55. Row Hydrogen Powered Tractor Market estimates & forecasts by segment 2018-2028 (USD Million)
- TABLE 56. List of secondary sources, used in the study of global Hydrogen Powered Tractor Market
- TABLE 57. List of primary sources, used in the study of global Hydrogen Powered Tractor Market
- TABLE 58. Years considered for the study
- TABLE 59. Exchange rates considered
LIST OF FIGURES
List of figures
- FIG 1. Global Hydrogen Powered Tractor Market, research methodology
- FIG 2. Global Hydrogen Powered Tractor Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Hydrogen Powered Tractor Market, key trends 2021
- FIG 5. Global Hydrogen Powered Tractor Market, growth prospects 2022-2028
- FIG 6. Global Hydrogen Powered Tractor Market, porters 5 force model
- FIG 7. Global Hydrogen Powered Tractor Market, pest analysis
- FIG 8. Global Hydrogen Powered Tractor Market, value chain analysis
- FIG 9. Global Hydrogen Powered Tractor Market by segment, 2018 & 2028 (USD Million)
- FIG 10. Global Hydrogen Powered Tractor Market by segment, 2018 & 2028 (USD Million)
- FIG 11. Global Hydrogen Powered Tractor Market by segment, 2018 & 2028 (USD Million)
- FIG 12. Global Hydrogen Powered Tractor Market by segment, 2018 & 2028 (USD Million)
- FIG 13. Global Hydrogen Powered Tractor Market by segment, 2018 & 2028 (USD Million)
- FIG 14. Global Hydrogen Powered Tractor Market, regional snapshot 2018 & 2028
- FIG 15. North America Hydrogen Powered Tractor Market 2018 & 2028 (USD Million)
- FIG 16. Europe Hydrogen Powered Tractor Market 2018 & 2028 (USD Million)
- FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
- FIG 18. Latin America Hydrogen Powered Tractor Market 2018 & 2028 (USD Million)
- FIG 19. Global Hydrogen Powered Tractor Market, company Market share analysis (2021)
