Market Research Report

Global Electric Off-highway Vehicle Market Report By Equipment Type (Excavator, Motor Grader, Dozer, Loader, Dump Truck, LHD, Lawnmower, Sprayer, Tractor), By Application (Construction, Mining, Agriculture, Gardening), By Propulsion (Hybrid-Electric, Battery-Electric), By Battery Type (Lithium-Ion, Lead-Acid, Other Batteries), By Battery Capacity (<50 Kwh, 50-200 Kwh, 200-500 Kwh, >500 Kwh), By Power Output (<50 Hp, 50-150 Hp, 150-300 Hp, >300 Hp) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032

ID:VMR11218782
October 2023
REPORT FORMATS: ELECTRONIC (PDF), MS EXCEL

Frequently Asked Questions (FAQs) about this Report

The global electric off-highway vehicle market size is expected to be valued USD 11.26 BN in 2022.

The worldwide electric off-highway vehicle market growth is estimated to grow by around 24.92% from 2023 to 2030.

North America occupies the highest market share in the global electric off-highway vehicle market.

The global electric off-highway vehicle market is segmented by Equipment Type (Excavator, Motor Grader, Dozer, Loader, Dump Truck, LHD, Lawnmower, Sprayer, Tractor), by Application (Construction, Mining, Agriculture, Gardening), by Propulsion (Hybrid-Electric, Battery-Electric), by Battery Type (Lithium-Ion, Lead-Acid, Other Batteries), by Battery Capacity (<50 Kwh, 50–200 Kwh, 200–500 Kwh, >500 Kwh), by Power Output (<50 Hp, 50–150 Hp, 150–300 Hp, >300 Hp).

The leading players in the global electric off-highway vehicle market are Caterpillar (US), Komatsu Ltd. (Japan), Hitachi Construction Machinery (Japan), Volvo Construction Equipment (Volvo CE) (Sweden), Epiroc (Sweden), and Sandvik (Sweden).
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Objectives of Study
  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
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Key questions answered by the report

  • What is the current market size and trends?
  • What will be the market size during the forecast period?
  • How various market factors such as a driver, restraints, and opportunity impact the market?
  • What are the dominating segment and region in the market and why

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