The next 10 years: The development of electric intelligent agricultural machinery is unstoppable

For a long time, domestic agricultural machinery has mostly used internal combustion engines to provide power. However, the carbon smoke emissions generated by fuel powered agricultural machinery during operation have caused serious pollution to the environment. Greenhouse crops living in relatively enclosed spaces inhale these exhaust gases through respiration and then cause damage to human health through the food chain. Electric agricultural machinery is conducive to reducing carbon smoke emissions and is a green and environmentally friendly agricultural machinery. Compared with traditional fuel powered agricultural machinery, electric agricultural machinery has the advantages of low emissions, high efficiency and energy saving. Obviously, the development of agricultural machinery towards electrification is the trend.

According to the analysis of the German Machinery and Equipment Manufacturers Association (VDMA), with the development of agricultural mechanization in the Asia Pacific region represented by China, the global agricultural machinery market will show an overall growth trend in the future. It is expected that the global agricultural machinery market capacity will reach 133.2 billion US dollars by 2022, with a relatively large market size.

With the implementation of China's four country six emission standards, the development of lower emission, more efficient and energy-saving electric agricultural machinery products has become a hot topic in the industry. In China, many listed agricultural machinery companies have entered the field of electric agricultural machinery, hoping to seize this blue ocean market.

Starlight Agricultural Machinery (603789):

Recently, an investor asked Starlight Agricultural Machinery on the investor interaction platform: On January 16, 2022, CRRC Hydrogen Energy held an industrial park entry and opening ceremony, which marks a new stage of deepening cooperation and jointly exploring the development of the hydrogen energy industry between CRRC Group and Zhangjiagang. May I ask if CRRC Group, the ultimate controller of your company, has already intervened in hydrogen energy? Can the agricultural machinery sector also carry out technological reforms in hydrogen energy in the future?

Starlight Agricultural Machinery stated that with the release of the dual carbon target, the importance of new energy strategy is increasing day by day, and the development trend of new energy for agricultural machinery is also inevitable. Based on this trend, the company has been conducting research on technology and prototype development for the electrification and hydrogen energy of agricultural machinery. However, the technical difficulty of using hydrogen energy in agricultural machinery lies in meeting the usage scenarios of agricultural machinery, such as hydrogen replenishment (involving hydrogen refueling stations, mobile hydrogen replenishment near farmland), meeting the operating time limit of hydrogen energy supply (involving the capacity and size of hydrogen storage tanks), structural design (involving the matching of operating components and hydrogen storage tank size and position), and many other aspects; In addition, it is also limited by users' purchasing power, surrounding supporting capabilities, and so on. So, the hydrogen energy conversion of agricultural machinery requires not only the design of the machinery's own technology, but also the coordination of social and environmental factors, and there is still a distance to go before it can be ultimately promoted to the market or end use applications.

Yituo Shares (601038):

It is reported that Luoyang Intelligent Agricultural Equipment Research Institute Co., Ltd., a subsidiary of Yituo Group, is leading the development of an intelligent automated tractor product - the 5G+hydrogen fuel electric unmanned tractor. It uses hydrogen fuel cells as the main power source and can meet the operational functions of traditional tractors, providing users with high-quality services. The emergence of hydrogen fuel electric tractors is of great significance for innovative exploration of green and intelligent agricultural machinery equipment, promoting the transformation and upgrading of agricultural machinery equipment in China, and promoting the development of smart agriculture.

However, at present, the product is still in the experimental stage and does not have the conditions for commercialization due to the scarcity of upstream hydrogenation facilities and the high cost of hydrogen batteries. In the future, with the popularization of hydrogen refueling facilities in rural areas and the improvement of production technology, hydrogen fuel tractors are expected to be fully put into the market.

Zoomlion (000157):

On the morning of February 15, 2022, at 10 o'clock, the online press conference for the new intelligent high-tech products of Zoomlion and the new digital empowerment products of Zhongke Yungu was held in Changsha, Hunan. At the press conference, Zoomlion Intelligent High Tech and Zhongke Yungu Leasing System jointly launched five new high-altitude work platform products: the 18m electric off-road curved arm high-altitude work platform ZA18JERT-V, the 40m electric straight arm high-altitude work platform ZT40JE-V, the shipyard specific 28m/40m straight arm high-altitude work platform ZT28S/ZT40S, and the 27m electric spider high-altitude work platform ZX27AE.

New energy electric agricultural machinery has the characteristics of simple and compact structure, flexible control, low carbon and high efficiency, no exhaust, no noise pollution, and low maintenance costs. Based on the direction of energy development, market demand, and technological conditions, and with the current policy guidance and subsidy support provided by the country, new energy electric agricultural machinery is becoming one of the trends in the future development of China's agricultural machinery market, and is expected to complement the advantages of traditional fuel powered agricultural machinery.

What is the market prospect of electric agricultural machinery? There is no need to explain too much. Just as the emergence of crop protection drones has changed many people's understanding of agriculture, attracted numerous capital to enter agriculture, and attracted thousands of young people with knowledge, culture, and vision to become new farmers, crop protection drones have improved the efficiency of crop protection operations and created new demands. The next decade will also be a peak period for the development of electric intelligence and electric unmanned agricultural machinery.

Note: This article is compiled and published by Agricultural Machinery Network (www.nongjx. com), with sources including Feinan Town Government of Huaiyuan County, Agricultural Machinery and Equipment Department of Jiangsu Provincial Department of Agriculture and Rural Affairs, Mainichi Economic News, German Machinery Manufacturing Association (VDMA), YTO Group, and Zoomlion Heavy Industry Science and Technology

Article link: Agricultural Machinery Network https://www.nongjx.com/news/detail/81715.html