(MENAFN- PR Newswire) DUBLIN, March 8, 2024 /PRNewswire/ — The “Europe Electric Farm Tractor Market: Analysis and Forecast, 2023-2028” report has been added to
ResearchAndMarkets’s offering.
The European agricultural sector is undergoing a significant transformation, with sustainability and technology integration at the forefront of this evolution. The Europe electric farm tractor market is witnessing a remarkable ascendancy and is anticipated to soar from a valuation of $32.94 million in the year 2023 to an estimated $63.20 million by 2028, achieving a Compound Annual Growth Rate (CAGR) of 13.92% over the forecast period.
Market Drivers and Growth Prospects
An in-depth analysis attributes this market growth to a confluence of factors including an upsurge in demand for sustainable farming practices, technological innovations in…