Electric Construction Equipment Market

Report Code AT 7341
Published in Dec, 2023, By MarketsandMarkets™
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Electric Construction Equipment Market by Equipment type, Battery Capacity, Battery Chemistry, Power Output, Application, Propulsion, Electric Tractor Market, Electric Construction & Mining Equipment and Region - Global Forecast to 2030

Overview

The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% during the forecast period. The electric construction equipment market has shown significant growth recently. The major driving forces are the growing demand to minimize the exhaust emissions of construction equipment, cut the ventilation costs in underground mining, and give preference to the low-noise construction machines while working in residential areas—additionally, the trend related to mining automation and emission-free mining in China, Australia, and Japan. Full product portfolios by major OEMs like SANY, BYD, and XCMG will help China maintain its lead in Asia. Hydrogen fuel cell technology has been gaining attention these days, and companies like JCB and Hyundai are leading in innovation.

Attractive Opportunities in the Electric Construction Equipment Market

ASIA PACIFIC:

Market growth in the Asia Pacific can be attributed due to presence of major players of the global market, presence of leading battery manufacturers and supporting government policies.

Market growth can be attributed to stricter emission regulations, increase in demand for low noise equipment and growing penetration of electric off-road vehicles.

Growing trend of autonomous and semi-autonomous vehicles and demand for sustainability would create growth opportunities for the electric construction equipment market.

Technological advancements in hydrogen fuel cell technology would offer lucrative opportunities for market players in next five years.

The growth of market in Asia Pacific can be attributed to the presence of major players in the market and government support for electrification of off-road vehicles.

Global Electric Construction Equipment Market Dynamics

DRIVER: High ventilation costs in underground mining

Underground mining generates harmful dust, gases, and a tremendous amount of heat; diesel-powered equipment is a significant source of emissions, including nitrogen dioxide and other toxic gases. The International Council on Mining and Metals estimates that 40% of the energy expenses of an underground mine are for operating ventilation systems that remove pollutants and heat from the mining tunnels. This dramatically raises the mine's operation expenditure and lowers its productivity. Various regulations throughout the world regulate mine ventilation systems. In the United States, MHSA has specified the minimum quantity of air to guarantee safe mining. These regulations ensure an increased amount of airflow to cater to the obligatory standards, with air moving at a speed of at least 60 feet per minute on each working face of the mine. Therefore, sustainability goals have begun opening their ways to electric mining equipment on behalf of manufacturers and mine owners. Some major mining companies operating in the UK include Anglo American, Rio Tinto, and BHP of Australia, which have pledged to achieve net-zero emission by 2050 and hence choose electric mining fleets to achieve their goals regarding sustainability. For instance, in June 2023, Australian operator IGO contracted ABB and Perenti to study full electrification for one of the projects.Additionally, Canadian miner Torex Gold Resources has chosen Sandvik to supply a 35-unit hybrid fleet for the Media Luna project in Mexico, including 15 battery-electric vehicles for production and 20 conventional machines for development. The mining industry increasingly adopts electric equipment to reduce harmful emissions and high ventilation costs associated with diesel-powered machinery. Companies invest in electric and hybrid fleets to meet sustainability goals and regulatory requirements, aiming for net-zero emissions and improved operational efficiency.

RESTRAINT: Higher initial cost than conventional ICE Equipment

Although electric construction equipment offers several advantages, it requires a significant initial financial investment, and buyers hesitate to invest. For instance, the Caterpillar 336E H Dozer uses 20% less fuel than the standard Caterpillar D7R and 33% less fuel than the 330/336D. Komatsu's hybrid excavator shortens the return-on-investment period to 1 to 2 years by using 40% less fuel than comparable conventional excavators. All the battery electric machines come with higher capital investments. For instance, the average cost of an electric mini excavator is almost two times more expensive than its closest ICE excavator model. Electric construction equipment offers combined benefits like lower emissions and reduced maintenance costs over its running condition. However, significant investments with charging infrastructure challenges and limited working hours compared to ICE models remain a major restraint to adopting electric construction equipment.

 

OPPORTUNITY: Emergence of hydrogen-powered construction equipment

Hydrogen fuel cells for construction machinery are gaining traction, demonstrating efficiency and fast refueling, enabling longer distances than those attainable by driving battery electric vehicles. These will find applications where weight and speed of refueling are crucial, such as long-haul trucking and heavy machinery. Volvo Group views hydrogen fuel cells as pivotal in achieving fossil-free transportation systems, envisioning a balance of power, flexibility, and zero emissions. In off-road vehicles, marine machines, and industrial equipment, hydrogen fuel cells are promising to depend on local hydrogen production infrastructure. Hyundai and Ineos have collaborated in developing hydrogen supply and using fuel cell technology in machinery, acknowledging that battery electric power has limitations in harsh environments. Due to its high energy density, this gas is considered the best technology for commercial vehicles and trains because it emits less than traditional engines with much promise. JCB also produces hydrogen-powered engines targeting mass production; they are piloting them in the UK on some backhoe loaders, among others. However, given that there is more energy in one kilogram of hydrogen than in one kilogram of battery packs, it is one of those frontier technologies ranging from lorries to trains as it has remarkable potential and much cleaner emissions than conventional engines.List of Upcoming Hydrogen models in market:JCB (220X Excavator)Hyundai Construction Equipment (HX900 Hydrogen Fuel Cell Excavator)Komatsu Ltd. (Medium-sized hydraulic excavator)Volvo Construction Equipment (Volvo HX04)JCB (Backhoe Loader)Liebherr (R 9XX H2 hydrogen excavator)Companies are partnering to create hydrogen infrastructure, further illustrating growth in hydrogen fuel cells for commercial vehicles, from off-highway equipment to trains. These fuel cells show much higher energy density than lithium-ion batteries. The growth of hydrogen fuel cell technology primarily underpins the development of hydrogen-powered construction machinery. It forms an exciting opportunity to increase efficiency and cut emissions while overcoming challenges with extended battery-electric charging times for construction equipment.

CHALLENGE: Complex thermal management of batteries and charging infrastructure for electric machinery

Electric construction equipment adoption face challenges due to a requirement for charging infrastructure, particularly at remote or urban job sites or mining areas. The lack of standardized charging connectors adds to the challenge, causing delays and extra costs for contractors. These issues could slow down the adoption of electric machinery. Efforts are being made to improve the current situation. Efforts are being made to improve the current situation. Building the public charging infrastructure is a major investment area for the government and private enterprises, including Level 2 and DC fast chargers and mobile charging solutions being developed for job sites. Another crucial factor is the battery system's temperature management. Batteries must stay within a specific temperature range (20 to 40 degrees Celsius) to work efficiently. They generate heat while using, so good ventilation and cooling systems are essential. Technologies like liquid jackets and cooling fans maintain the right temperature and ensure safe, effective operation. Overall, the performance and safety of electric construction equipment depend heavily on effective battery thermal management.

Global Electric Construction Equipment Market Ecosystem Analysis

The ecosystem analysis highlights electric construction equipment market players, primarily represented by component manufacturers, manufacturers, and dealers.

 

The mining segment is projected to dominate the electric construction equipment market in 2030

The mining industry in Asia Pacific, the Americas, and Europe faces significant operational challenges due to rising ventilation costs and increasingly stringent emission norms. The level of emission from diesel-powered mining machinery is higher in underground mining. It generates a lot of heat and results in high energy consumption. About 40% of the mine's energy goes into ventilation systems. These challenges, in turn, encourage the industry to use emission-free electric mining equipment rapidly.The International Council on Mining and Metals has stated an ambitious plan to make mining equipment cleaner and safer in the coming years. It aims to achieve 'greenhouse gas-free' surface mining equipment by 2040. One of the significant expenses in underground mining is powering ventilation systems to remove pollutants emitted by diesel-powered equipment. Consequently, many mining equipment manufacturers are actively working towards making their underground fleets fully electric. For instance, Epiroc AB announced it would electrify all its underground and surface equipment by 2025. OEMs like Caterpillar, Komatsu, and Sandvik invest in electric mining equipment and partner with mining companies in technology development and deployment that contribute to cutting emissions and improving efficiency. Further, key OEMs like Caterpillar and Komatsu are investing heavily in electric mining equipment that can achieve more than 80% efficiency versus 45-50% for diesel-driven equipment. The global drive toward low-carbon technologies will lead to higher demand for essential minerals, supporting the growth in electric mining equipment. The industry is forecast to have 1 million electric mining vehicles by 2030.

<50 kWh equipment is estimated to dominate the market during the forecast period.

Electric construction equipment with <50 kWh battery capacity dominates the market, primarily due to the increasing demand for compact, fuel-efficient machines that meet stringent emission regulations. Therefore, these small battery capacities are appropriate for light-duty tasks that include mini-excavators and compact loaders, and they are highly utilized in closely packed construction sites and narrow mining applications. There is an increasing push towards electric equipment in the developing world that can work efficiently while reducing carbon footprints, as emission standards will get more and more stringent across the globe. This is because all mini-excavators, compact loaders, electric backhoe loaders, etc., consume very low energy, so their recharging is faster, often overnight, and minimizes operational downtime. This becomes particularly beneficial for countries like China, Japan, South Korea, and India because of their rising demand for compact-size construction equipment. Growing trends of electrification and rising awareness about emission norms in these countries are likely to drive substantial regional growth in the Asia Pacific, as it is expected to become the fastest region for growth in the <50 kWh equipment category during the forecast period.The market for hybrid electric construction equipment is estimated to grow at the fastest rate by 2030The hybrid electric powertrain technology is gaining traction in the market. The technology combines traditional diesel engines and electric power sources to reduce fuel consumption and emissions. Hybrid electric powertrains are primarily found in excavators and loaders and are now expanding further into other construction equipment. Initially, mid-sized and large excavators are expected to adopt hybrid electric powertrains. This equipment can reduce ownership costs and rely on electric power, reducing emissionsFurther cost-saving benefits and operational flexibility make them attractive options for end users. For instance, Komatsu’s hybrid excavator offers a 40% better fuel economy than similar conventional excavators. Companies are working towards this trend. For instance 2023, Deere and Company introduced an E-Drive hybrid powertrain for hybrid equipment. Offering hybrid equipment options in construction lines is a beneficial opportunity for companies as this is the next step towards electrification. Companies like Volvo, Hitachi, Sany, Komatsu, etc., develop equipment using hybrid powertrain technology. Komatsu, for instance, has its in-house development and production of hybrid motors, and many other companies have already introduced hybrid construction equipment. Thus, hybrid electric construction equipment represents a step towards more sustainable and efficient machinery in the construction industry.

Asia Pacific Region holds the Largest Share of the Electric Construction Equipment Market

Leading countries such as China, Japan, India, South Korea, and the rest of Asia Pacific are considered to be in the Asia Pacific region. The demand for electric off-highway equipment in the Americas is rapidly increasing because of the environmental protection measures adopted in these key countries. In addition, the entry of multinational electric construction equipment manufacturing companies and rising awareness about electrification are expected to drive the electric construction equipment market in the region. Increasing demand for electric construction equipment in countries such as Japan and South Korea is one of the primary drivers of the growth of this market. Some of the leading companies that are present in this region are Komatsu Ltd. (Japan), Doosan Group (South Korea), Sany Heavy Industries Co., Ltd. (China), Hitachi Construction Machinery Co., Ltd. (Japan), Xuzhou Construction Machinery Group Co., Ltd. (XCMG) Group (China), etc.

 
 

Recent Developments of Electric Construction Equipment Market industry

  • In 2023, Komatsu has marked significant progress in the electric construction equipment market. Notable launches include the PC05E-1 Electric Micro Excavator, their 3-ton mini excavator offering zero emissions in Europe. The PC200LCE-11 and PC210LCE-11 Electric Excavators, as the company's first large electric models, promise comparable performance to diesel equivalents with zero emissions. Also introduced was the HB365LC-3 Hybrid Excavator at CONEXPO 2023, boasting improved fuel efficiency and lower emissions by integrating a diesel engine with an electric motor and battery. In October 2023, Nevada Gold Mines (NGM) partnered with Komatsu Ltd. to acquire 62 Komatsu 930E-5 haul trucks between 2023 and 2025 for its operations at the Carlin Complex and Cortez site in Nevada. In September 2023, Albemarle Corporation and Caterpillar Inc. partnered to advance sustainable mining technologies and operations. This collaboration includes deploying Caterpillar battery electric trucks and energy transfer solutions. The companies aim to establish a zero-emissions lithium mine in North America and drive innovation for a more sustainable mining future. In June 2022, Cummins, a global power leader, and Komatsu signed a memorandum of understanding to collaborate on developing zero-emissions haulage equipment. In 2021, Komatsu announced its power-agnostic truck concept for haulage equipment that can run on various power sources. These power sources included diesel-electric, trolley, battery power, and hydrogen fuel cells.
  • In March 2022, Honda and Komatsu showcased their joint development work, the PC01E-1. The PC01E-1 is Komatsu's first electric micro excavator powered by portable and swappable mobile batteries. Komatsu and Honda developed the PC01E-1 by electrifying the conventional PC01 micro excavator by incorporating the Honda swappable mobile battery and Honda eGX electrified power unit. In January 2022, Hitachi Construction Machinery Co., Ltd. introduced ConSite Mine, a global service solution that leverages IoT and AI to address issues at mining sites. This system continuously monitors compatible large hydraulic excavators and rigid dump trucks, generating monthly operational condition reports and instant alarm notifications when abnormalities are detected. In December 2021, Volvo Construction Equipment (Volvo CE) and its partners explored every aspect of the electric ecosystem to deliver a complete site solution for real urban applications. Volvo CE is working with Gothenburg City, NCC, Gothenburg Energy, Lindholmen Science Park, Chalmers University of Technology, and ABB Electrification Sweden, among many others, to conduct a machine demonstration in large at Gothenburg. The Swedish Energy Agency funded this project. In October 2021, Caterpillar Venture Capital Inc. (Caterpillar) and another venture invested USD 16 Million as Series B funding for BrightVolt, Inc. BrightVolt Inc. is a global leader in the design, development, and manufacturing of safe, high-energy, low-cost solid-state lithium-ion batteries. This funding aims to develop more oversized form-factor products for industrial electrification and e-mobility markets.

Key Market Players

Key Players in the Electric Construction Equipment Market Include

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Scope of the Report

Report Attribute Details
Base year considered for estimation 2023
Forecast period 2023–2030
Market Growth and Revenue Forecast USD 44.80 Bn by 2030 at a CAGR of 23.6%
Top Players Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and Deere & Company (US).
Fastest Growing Market Asia Pacific
Largest Market Europe
Forecast units Volume (Units) and Value (USD Million)
Segments Covered By Equipment Type, By Battery Capacity, By Battery Chemistry, By Power Output, By Propulsion, By Application, Electric Agriculture by equipment type, Electric tractor market, by propulsion, Electric construction and mining market, by propulsion and region
By Equipment Type Electric excavator, electric motor grader, electric dozer, electric loader, electric dump truck and electric load-haul-dump loader
By battery capacity <50 KwH, 50-200 KwH, 200-500 KwH and >500 KwH
By battery chemistry Lithium-ion phosphate, Lithium-ion NMC, and other battery chemistries
By power output <50 HP, 50-150 HP, 150-300 HP and >300 HP
By propulsion Hybrid-electric, battery-electric and Hydrogen
By Application Construction, Mining, Agriculture, Gardening
Electric agriculture equipment market, by equipment type Electric lawn mower, electric sprayer, and electric tractor
Electric tractor market, by propulsion type Hybrid-electric, battery-electric and Hydrogen
Electric construction and mining market, by propulsion type Hybrid-electric, battery-electric and Hydrogen
By Region Asia Pacific, Americas, and Europe
Additional Customization to be offered Electric construction equipment by application and country, Electric construction equipment by type and country Electric Mining Machinery Market, By Battery Chemistry and Battery Capacity Electric Construction Equipment Market, By Battery Chemistry and Ba

 

Key Questions Addressed by the Report

What is the current size of the global electric construction equipment market?
The electric construction equipment market is estimated to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030 at a CAGR of 23.6% over the forecast period.
Which application is currently leading the global electric construction equipment market?
Mining applications are leading in the global electric construction equipment market.
Many companies are operating in the global electric construction equipment market space. Do you know who the front leaders are and what strategies they have adopted?
The electric construction equipment market is dominated by a few globally established companies such as Hitachi Construction Machinery (Japan), Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and Deere & Company (US). These companies adopted new product launches, partnerships, and joint ventures to gain traction in the electric construction equipment market.
How does the demand for the global electric construction equipment market vary by region?
With the high electrification trend in developed countries and increased demand for construction and mining equipment, the Asia Pacific region is predicted to lead the electric construction market with a CAGR of XX%. The stringent emission norms from this region and many sustainability initiatives by the government are some of the key reasons for this region to also have the largest market for electric construction equipment, with USD XX Million in 2030.
What are the growth opportunities for the global electric construction equipment market supplier?
Developing hydrogen-powered construction equipment would create growth opportunities for the electric construction equipment market. .

 

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Table Of Contents

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TITLE
PAGE NO
INTRODUCTION
33
RESEARCH METHODOLOGY
39
EXECUTIVE SUMMARY
52
PREMIUM INSIGHTS
55
MARKET OVERVIEW
62
  • 5.1 INTRODUCTION
  • 5.2 MARKET DYNAMICS
    DRIVERS
    - Strict vehicular emission regulations
    - High ventilation costs in underground mining
    - Rising demand for low-noise construction in residential areas
    RESTRAINTS
    - Higher initial cost than conventional ICE equipment
    - Loss of productivity due to prolonged charging time
    - Complex charging infrastructure for electric construction machinery
    OPPORTUNITIES
    - Development of long-range and fast-charging battery technology
    - Increased manufacturing and testing of hybrid electric vehicles
    - Emergence of hydrogen-powered construction equipment
    CHALLENGES
    - Limited compatibility, interchangeability, and standardization for long-haul applications
    - Complex thermal management of batteries
    - Rapid transition of construction equipment toward alternative power sources
  • 5.3 TRADE ANALYSIS
    IMPORT DATA: DOZERS
    EXPORT DATA: DOZERS
    IMPORT DATA: EXCAVATORS AND LOADERS
    EXPORT DATA: EXCAVATORS AND LOADERS
  • 5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
    REVENUE SHIFT AND NEW REVENUE POCKETS FOR MARKET PLAYERS
  • 5.5 CASE STUDY ANALYSIS
    USE OF ELECTRIC MINING VEHICLE AT -30 DEGREES CELSIUS
    ACHIEVING CARBON NEUTRALITY WITH NEW FUEL SOURCE AND BATTERY SYSTEM
    CITY WASTE MANAGEMENT USING ELECTRIC MOBILITY
    REPLACEMENT OF DIESEL TRUCKS WITH ELECTRIC MODELS
    ELECTRIFICATION OF CONVENTIONAL DIESEL-POWERED EXCAVATORS
    IMPROVED FUEL EFFICIENCY WITH ELECTRIC HYBRID WHEEL LOADERS
  • 5.6 PATENT ANALYSIS
  • 5.7 SUPPLY CHAIN ANALYSIS
  • 5.8 ECOSYSTEM ANALYSIS
  • 5.9 PRICING ANALYSIS
    AVERAGE SELLING PRICE, BY APPLICATION AND REGION, 2022 (USD PER UNIT)
    AVERAGE SELLING PRICE, BY EQUIPMENT TYPE AND REGION, 2022 (USD PER UNIT)
  • 5.10 TECHNOLOGY ANALYSIS
    AUTONOMOUS CONSTRUCTION EQUIPMENT
    CONSTRUCTION EQUIPMENT MONITORING
    GRADE CONTROL SYSTEMS
    REGENERATIVE BRAKING IN DEEP MINING SITES
    AGRICULTURAL EQUIPMENT AUTOMATION
    ADVANCED TELEMATICS
  • 5.11 TARIFF AND REGULATORY LANDSCAPE
    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    - North America
    - Europe
    - Asia Pacific
    - Rest of the World
    QUALITY STANDARDS
  • 5.12 KEY CONFERENCES AND EVENTS, 2023–2024
  • 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
    KEY STAKEHOLDERS IN BUYING PROCESS
    BUYING CRITERIA
  • 5.14 TOTAL COST OF OWNERSHIP OF ELECTRIC CONSTRUCTION EQUIPMENT
  • 5.15 BILL OF MATERIAL ANALYSIS
  • 5.16 BATTERY TECHNOLOGY
    FUTURE DEVELOPMENTS IN BATTERY TECHNOLOGY
    - Solid-state batteries
    - Lithium-ion batteries
    - Sodium-ion batteries
RECOMMENDATIONS FROM MARKETSANDMARKETS
113
  • 6.1 ASIA PACIFIC TO BE POTENTIAL MARKET FOR ELECTRIC CONSTRUCTION EQUIPMENT
  • 6.2 HYDROGEN-FUELED CONSTRUCTION EQUIPMENT TO CREATE MARKET OPPORTUNITIES
  • 6.3 ELECTRIFICATION OF UNDERGROUND MINING EQUIPMENT TO BE SIGNIFICANT FOR OEMS
  • 6.4 RENTAL ELECTRIC CONSTRUCTION EQUIPMENT AND TELEMATICS TO DRIVE MARKET
  • 6.5 GROWTH OF AUTONOMOUS TRACTORS IN FUTURE
  • 6.6 LITHIUM IRON BATTERY CHEMISTRY TO DOMINATE ELECTRIC CONSTRUCTION EQUIPMENT MARKET
  • 6.7 CONCLUSION
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE
118
  • 7.1 INTRODUCTION
  • 7.2 ELECTRIC EXCAVATOR
    COMPACT SIZE AND REDUCED VENTILATION EXPENSES TO DRIVE MARKET
  • 7.3 ELECTRIC LOADER
    CITY WASTE MANAGEMENT TO DRIVE MARKET
  • 7.4 ELECTRIC MOTOR GRADER
    ROAD MAINTENANCE AND EARTHMOVING APPLICATIONS TO DRIVE MARKET
  • 7.5 ELECTRIC DOZER
    ENHANCED AGILITY AND INCREASED FUEL EFFICIENCY TO DRIVE MARKET
  • 7.6 ELECTRIC DUMP TRUCK
    LONG-TERM SAVINGS AND REDUCED MAINTENANCE EXPENSES TO DRIVE MARKET
  • 7.7 ELECTRIC LOAD HAUL DUMP LOADER
    RAPID URBANIZATION AND UNDERGROUND MINING TO DRIVE MARKET
  • 7.8 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY
132
  • 8.1 INTRODUCTION
  • 8.2 OPERATIONAL DATA
  • 8.3 <50 KWH
    USE IN SMALL AND COMPACT EQUIPMENT TO DRIVE MARKET
  • 8.4 50–200 KWH
    HIGHER DEMAND FOR SMALL AND MID-RANGE CONSTRUCTION EQUIPMENT TO DRIVE MARKET
  • 8.5 200–500 KWH
    RISING DEMAND FOR EMISSION-FREE OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET
  • 8.6 >500 KWH
    ENHANCED TORQUE AND NOISELESS OPERATION TO DRIVE MARKET
  • 8.7 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY
143
  • 9.1 INTRODUCTION
  • 9.2 LITHIUM IRON PHOSPHATE (LFP)
    MINIMAL DEGRADATION AT HIGHER TEMPERATURES AND CONSISTENT POWER DELIVERY TO DRIVE MARKET
  • 9.3 LITHIUM NICKEL MANGANESE COBALT OXIDE (NMC)
    HIGH ENERGY AND POWER DENSITIES AND LONGER LIFESPAN TO DRIVE MARKET
  • 9.4 OTHER BATTERY CHEMISTRIES
    SODIUM-ION BATTERIES
    - Applications in off-highway vehicles and stationary storage setups to drive market
    SOLID-STATE BATTERIES
    - Enhanced charging and safety capabilities to drive market
  • 9.5 COST ANALYSIS
  • 9.6 DEVELOPMENTS IN BATTERY CHEMISTRY
  • 9.7 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
155
  • 10.1 INTRODUCTION
  • 10.2 <50 HP
    GROWING DEMAND FOR COMPACT EXCAVATORS AND SMALL DOZERS TO DRIVE MARKET
  • 10.3 50–150 HP
    INCREASING LAUNCHES OF LOW TO MEDIUM-POWERED EQUIPMENT TO DRIVE MARKET
  • 10.4 150–300 HP
    ONGOING BATTERY AND PRODUCT DEVELOPMENTS TO DRIVE MARKET
  • 10.5 >300 HP
    SUITABILITY IN LARGE CONSTRUCTION AND MINING OPERATIONS TO DRIVE MARKET
  • 10.6 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
165
  • 11.1 INTRODUCTION
  • 11.2 CONSTRUCTION
    ENVIRONMENTAL CONCERNS AND NOISE REGULATIONS TO DRIVE MARKET
  • 11.3 MINING
    ELECTRIFICATION TREND TO DRIVE MARKET
  • 11.4 GARDENING
    LANDSCAPING PRACTICES IN RESIDENTIAL AND COMMERCIAL SPACES TO DRIVE MARKET
  • 11.5 AGRICULTURE
    INCREASING FOOD PRODUCTION TO DRIVE MARKET
  • 11.6 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION
175
  • 12.1 INTRODUCTION
  • 12.2 HYBRID ELECTRIC
    COMBINED CAPABILITIES OF CONVENTIONAL AND ELECTRIC OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET
  • 12.3 BATTERY ELECTRIC
    FALLING BATTERY COSTS AND NEED FOR SUSTAINABLE OPERATIONS TO DRIVE MARKET
  • 12.4 HYDROGEN
    ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE TO DRIVE MARKET
  • 12.5 INDUSTRY INSIGHTS
ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE
183
  • 13.1 INTRODUCTION
  • 13.2 OPERATIONAL DATA
    ELECTRIC TRACTOR MODELS AND DESCRIPTION
  • 13.3 ELECTRIC LAWN MOWER
    HIGH FUEL EXPENSES AND WORKFORCE SHORTAGES IN GARDENING TO DRIVE MARKET
  • 13.4 ELECTRIC SPRAYER
    NEED TO ELIMINATE CROP WITHERING TO DRIVE MARKET
  • 13.5 ELECTRIC TRACTOR
    RENTAL PROGRAMS AND GOVERNMENT INITIATIVES TO DRIVE MARKET
  • 13.6 INDUSTRY INSIGHTS
ELECTRIC TRACTOR MARKET, BY PROPULSION
191
  • 14.1 INTRODUCTION
  • 14.2 HYBRID ELECTRIC
    INCREASING DEMAND FOR MEDIUM- AND HEAVY-DUTY TRACTORS TO DRIVE MARKET
  • 14.3 BATTERY ELECTRIC
    EU EMISSION REGULATIONS AND US ENVIRONMENTAL PROTECTION AGENCY NORMS TO DRIVE MARKET
  • 14.4 HYDROGEN
    SUSTAINABLE AGRICULTURE APPLICATIONS TO DRIVE MARKET
  • 14.5 INDUSTRY INSIGHTS
ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION
199
  • 15.1 INTRODUCTION
  • 15.2 HYBRID ELECTRIC
    GROWING INVESTMENTS IN MINING INDUSTRY TO DRIVE MARKET
  • 15.3 BATTERY ELECTRIC
    IMPROVED MANEUVERABILITY AND DRIVABILITY TO DRIVE MARKET
  • 15.4 HYDROGEN
    FOCUS ON GREEN FUELS TO DRIVE MARKET
  • 15.5 INDUSTRY INSIGHTS
ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CAPACITY AND INDUSTRY
208
  • 16.1 INTRODUCTION
  • 16.2 ELECTRIC OFF-HIGHWAY EQUIPMENT AND BATTERY CAPACITY
  • 16.3 CONSTRUCTION EQUIPMENT
    INCREASED ADOPTION OF 50–200 KWH EQUIPMENT DUE TO BALANCED RANGE AND POWER TO DRIVE MARKET
  • 16.4 MINING EQUIPMENT
    200–500 KWH BATTERY CAPACITY SEGMENT TO DRIVE MARKET
  • 16.5 AGRICULTURE TRACTORS
    <50 KWH BATTERY CAPACITY SEGMENT TO DOMINATES MARKET
  • 16.6 PRIMARY INSIGHTS
ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CHEMISTRY AND INDUSTRY
218
  • 17.1 INTRODUCTION
  • 17.2 ELECTRIC OFF-HIGHWAY EQUIPMENT AND BATTERY CAPACITY
  • 17.3 CONSTRUCTION EQUIPMENT
    LITHIUM NICKEL MANGANESE COBALT OXIDE BATTERY SEGMENT TO DRIVE MARKET
  • 17.4 MINING EQUIPMENT
    LFP BATTERY SEGMENT TO DRIVE MARKET
  • 17.5 AGRICULTURE TRACTORS
    AFFORDABILITY, LONGEVITY, AND MINIMAL ENVIRONMENTAL RISKS TO DRIVE MARKET
  • 17.6 PRIMARY INSIGHTS
ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION
226
  • 18.1 INTRODUCTION
  • 18.2 ASIA PACIFIC
    ASIA PACIFIC: RECESSION IMPACT ANALYSIS
    CHINA
    - National IV emission standards and mining automation to drive market
    INDIA
    - National Mission for Sustainable Agriculture and higher budgets of Ministry of Road Transport and Highways to drive market
    JAPAN
    - Large-scale farming and testing of unmanned electric tractors to drive market
    SOUTH KOREA
    - Electrification of dump trucks for mining to drive market
    REST OF ASIA PACIFIC
  • 18.3 EUROPE
    EUROPE: RECESSION IMPACT ANALYSIS
    GERMANY
    - Need for productive and autonomous technology in municipality management and agriculture to drive market
    UK
    - Rising demand for lawn mowers for gardening and lawn maintenance to drive market
    FRANCE
    - French National Low Carbon Strategy and Energy Transition for Green Growth Act to drive market
    SPAIN
    - National Strategic Plan for Agriculture to drive market
    RUSSIA
    - Ongoing developments in electric tractor segment to drive market
    ITALY
    - Temperate climate and traditional outdoor spaces to drive market
    REST OF EUROPE
  • 18.4 AMERICAS
    AMERICAS: RECESSION IMPACT ANALYSIS
    US
    - Growing investments in electric off-highway equipment, subsystems, and batteries to drive market
    CANADA
    - Global dominance in mining industry to drive market
    MEXICO
    - Lower electricity tariffs to drive market
    BRAZIL
    - Incorporation of electric tractors in farming and frameworks to regularize mining industry to drive market
    ARGENTINA
    - Digital agriculture and 2030 Agenda for Sustainable Development to drive market
  • 18.5 INDUSTRY INSIGHTS
COMPETITIVE LANDSCAPE
283
  • 19.1 OVERVIEW
  • 19.2 MARKET SHARE ANALYSIS
  • 19.3 REVENUE ANALYSIS
  • 19.4 KEY PLAYERS’ STRATEGIES
  • 19.5 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 19.6 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS
    STARS
    EMERGING LEADERS
    PERVASIVE PLAYERS
    PARTICIPANTS
    COMPANY FOOTPRINT
  • 19.7 COMPETITIVE SCENARIOS AND TRENDS
    PRODUCT DEVELOPMENTS
    DEALS
    OTHERS
  • 19.8 MAJOR ELECTRIC CONSTRUCTION VEHICLE MANUFACTURERS
  • 19.9 MAJOR ELECTRIC MINING VEHICLE MANUFACTURERS
  • 19.10 MAJOR ELECTRIC TRACTOR VEHICLE MANUFACTURERS
COMPANY PROFILES
313
  • 20.1 KEY PLAYERS
    HITACHI CONSTRUCTION MACHINERY CO., LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    CATERPILLAR INC.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    KOMATSU LTD.
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    JCB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    VOLVO CONSTRUCTION EQUIPMENT
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    - MnM view
    DEERE & COMPANY
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    SANDVIK AB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    EPIROC AB
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    LIEBHERR
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
    DOOSAN GROUP
    - Business overview
    - Products/Solutions/Services offered
    - Recent developments
  • 20.2 OTHER PLAYERS
    SOLETRAC INC.
    DANA LIMITED
    DEUTZ AG
    FENDT
    HUSQVARNA AB
    STIHL HOLDING AG AND CO. KG
    XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD. (XCMG) GROUP
    SANY HEAVY INDUSTRIES CO., LTD.
    KUBOTA CORPORATION
    KOBELCO CONSTRUCTION MACHINERY EUROPE BV
    BHARAT EARTH MOVERS LIMITED
    CRRC CORPORATION
    CNH INDUSTRIAL NV
    WACKER NEUSON SE
    TAKEUCHI GLOBAL
    HD HYUNDAI HEAVY INDUSTRIES CO., LTD.
    LUIGONG MACHINERY CO., LTD.
APPENDIX
394
  • 21.1 INSIGHTS FROM INDUSTRY EXPERTS
  • 21.2 DISCUSSION GUIDE
  • 21.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
  • 21.4 CUSTOMIZATION OPTIONS
    ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    - Construction
    - Mining
    - Agriculture
    - Gardening
    ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION
    - Electric
    - Hybrid
    - Hydrogen
    ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY AND BATTERY CHEMISTRY
    - <50 kWh
    - 50–200 kWh
    - 200–500 kWh
    - >500 kWh
    - Lithium Iron Phosphate
    - Lithium Nickel Manganese Cobalt Oxide
    - Other Battery Chemistries
    ELECTRIC MINING MACHINERY MARKET, BY BATTERY CAPACITY AND BATTERY CHEMISTRY
    - <50 kWh
    - 50–200 kWh
    - 200–500 kWh
    - >500 kWh
    - Lithium Iron Phosphate
    - Lithium Nickel Manganese Cobalt Oxide
    - Other Battery Chemistries
    ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY BATTERY CAPACITY & BATTERY CHEMISTRY
    - <50 kWh
    - 50–200 kWh
    - 200–500 kWh
    - >500 kWh
    - Lithium Iron Phosphate
    - Lithium Nickel Manganese Cobalt Oxide
    - Other Battery Chemistries
    ELECTRIC CONSTRUCTION EQUIPMENT MARKET FOR ADDITIONAL COUNTRIES
    - Australia
    - Scandinavian Countries
    DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5)
  • 21.5 RELATED REPORTS
  • 21.6 AUTHOR DETAILS
LIST OF TABLES
 
  • TABLE 1 INCLUSIONS AND EXCLUSIONS
  • TABLE 2 BHARAT STAGE IV VS. BHARAT STAGE V REGULATIONS FOR PM LIMITS
  • TABLE 3 BHARAT STAGE IV VS. BHARAT STAGE V REGULATIONS FOR PN LIMITS
  • TABLE 4 NOX AND PM SAVINGS IN INDIA, BY EQUIPMENT TYPE, 2020–2045 (KILOTONS)
  • TABLE 5 EURO STAGE IV, V, AND VI REGULATIONS FOR HEAVY-DUTY DIESEL ENGINES (G/KWH)
  • TABLE 6 AIR QUANTITY COMPARISON BETWEEN LIGNITE AND ANTHRACITE MINES
  • TABLE 7 COST COMPARISON BETWEEN DIESEL AND ELECTRIC MINING EQUIPMENT
  • TABLE 8 NOISE CONTROL REGULATIONS FOR RESIDENTIAL AREAS, BY COUNTRY
  • TABLE 9 LOW-NOISE ELECTRIC CONSTRUCTION EQUIPMENT, BY KEY OEMS
  • TABLE 10 ELECTRIC VS. DIESEL POWERED OFF-HIGHWAY EQUIPMENT, BY OEM
  • TABLE 11 APPROXIMATE CHARGING DURATION FOR DIFFERENT EQUIPMENT
  • TABLE 12 HYDROGEN-POWERED OFF-ROAD VEHICLE DEVELOPMENTS
  • TABLE 13 RANGE COMPARISON OF BATTERY ELECTRIC TRUCK AND OFF-HIGHWAY DIESEL TRUCK
  • TABLE 14 WORKING TEMPERATURE COMPARISON FOR CONSTRUCTION EQUIPMENT
  • TABLE 15 US: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 16 FRANCE: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 17 GERMANY: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 18 MEXICO: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 19 CHINA: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 20 US: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 21 FRANCE: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 22 GERMANY: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 23 CHINA: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 24 BELGIUM: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 25 US: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 26 CANADA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 27 CHINA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 28 JAPAN: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 29 INDIA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 30 GERMANY: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 31 FRANCE: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 32 US: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 33 CANADA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 34 CHINA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 35 JAPAN: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 36 INDIA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 37 GERMANY: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 38 FRANCE: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %)
  • TABLE 39 INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023
  • TABLE 40 ROLE OF COMPANIES IN ECOSYSTEM
  • TABLE 41 AVERAGE SELLING PRICE, BY APPLICATION AND REGION, 2022 (USD PER UNIT)
  • TABLE 42 AVERAGE SELLING PRICE, BY EQUIPMENT TYPE AND REGION, 2022 (USD PER UNIT)
  • TABLE 43 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 44 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 45 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 46 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • TABLE 47 STANDARDS FOR ELECTRIC CONSTRUCTION VEHICLES
  • TABLE 48 KEY CONFERENCES AND EVENTS, 2023–2024
  • TABLE 49 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS (%)
  • TABLE 50 KEY BUYING CRITERIA FOR ELECTRIC CONSTRUCTION EQUIPMENT APPLICATIONS
  • TABLE 51 TOTAL COST OF OWNERSHIP OF ELECTRIC EXCAVATORS
  • TABLE 52 BATTERY MANUFACTURERS
  • TABLE 53 BATTERY CHEMISTRIES
  • TABLE 54 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 55 MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 56 MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 57 MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 58 ELECTRIC EXCAVATOR: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 59 ELECTRIC EXCAVATOR: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 60 ELECTRIC EXCAVATOR: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 61 ELECTRIC EXCAVATOR: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 62 ELECTRIC LOADER: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 63 ELECTRIC LOADER: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 64 ELECTRIC LOADER: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 65 ELECTRIC LOADER: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 66 ELECTRIC MOTOR GRADER: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 67 ELECTRIC MOTOR GRADER: MARKET, BY REGION, 2023–2030(USD MILLION)
  • TABLE 68 ELECTRIC DOZER: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 69 ELECTRIC DOZER: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 70 ELECTRIC DOZER: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 71 ELECTRIC DOZER: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 72 ELECTRIC DUMP TRUCK: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 73 ELECTRIC DUMP TRUCK: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 74 ELECTRIC DUMP TRUCK: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 75 ELECTRIC DUMP TRUCK: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 76 ELECTRIC LOAD HAUL DUMP LOADER: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 77 ELECTRIC LOAD HAUL DUMP LOADER: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 78 ELECTRIC LOAD HAUL DUMP LOADER: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 79 ELECTRIC LOAD HAUL DUMP LOADER: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 80 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS)
  • TABLE 81 MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS)
  • TABLE 82 MARKET, BY BATTERY CAPACITY, 2018–2022 (USD MILLION)
  • TABLE 83 MARKET, BY BATTERY CAPACITY, 2023–2030 (USD MILLION)
  • TABLE 84 ELECTRIC CONSTRUCTION EQUIPMENT MODELS AND BATTERY CAPACITIES
  • TABLE 85 <50 KWH: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 86 <50 KWH: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 87 <50 KWH: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 88 <50 KWH: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 89 50–200 KWH: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 90 50–200 KWH: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 91 50–200 KWH: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 92 50–200 KWH: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 93 200–500 KWH: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 94 200–500 KWH: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 95 200–500 KWH: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 96 200–500 KWH: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 97 >500 KWH: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 98 >500 KWH: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 99 >500 KWH: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 100 >500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 101 MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS)
  • TABLE 102 MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS)
  • TABLE 103 MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION)
  • TABLE 104 MARKET, BY BATTERY CHEMISTRY, 2023–2030 (USD MILLION)
  • TABLE 105 LITHIUM IRON PHOSPHATE: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 106 LITHIUM IRON PHOSPHATE: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 107 LITHIUM IRON PHOSPHATE: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 108 LITHIUM IRON PHOSPHATE: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 109 LITHIUM NICKEL MANGANESE COBALT OXIDE: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 110 LITHIUM NICKEL MANGANESE COBALT OXIDE: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 111 LITHIUM NICKEL MANGANESE COBALT OXIDE: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 112 LITHIUM NICKEL MANGANESE COBALT OXIDE: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 113 SODIUM-ION BATTERY VS. LITHIUM-ION BATTERY
  • TABLE 114 OTHER BATTERY CHEMISTRIES: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 115 OTHER BATTERY CHEMISTRIES: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 116 GLOBAL BATTERY PRODUCTION, BY BATTERY CHEMISTRY
  • TABLE 117 GLOBAL BATTERY PRODUCTION, BY OEM
  • TABLE 118 MARKET, BY POWER OUTPUT, 2018–2022 (UNITS)
  • TABLE 119 MARKET, BY POWER OUTPUT, 2023–2030 (UNITS)
  • TABLE 120 MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION)
  • TABLE 121 MARKET, BY POWER OUTPUT, 2023–2030 (USD MILLION)
  • TABLE 122 <50 HP: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 123 <50 HP: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 124 <50 HP: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 125 <50 HP: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 126 50–150 HP: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 127 50–150 HP: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 128 50–150 HP: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 129 50–150 HP: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 130 150–300 HP: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 131 150–300 HP: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 132 150–300 HP: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 133 150–300 HP: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 134 >300 HP: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 135 >300 HP: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 136 >300 HP: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 137 >300 HP: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 138 MARKET, BY APPLICATION, 2018–2022 (UNITS)
  • TABLE 139 MARKET, BY APPLICATION, 2023–2030 (UNITS)
  • TABLE 140 MARKET, BY APPLICATION, 2018–2022 (USD MILLION)
  • TABLE 141 MARKET, BY APPLICATION, 2023–2030 (USD MILLION)
  • TABLE 142 CONSTRUCTION: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 143 CONSTRUCTION: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 144 CONSTRUCTION: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 145 CONSTRUCTION: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 146 MINING: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 147 MINING: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 148 MINING: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 149 MINING: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 150 GARDENING: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 151 GARDENING: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 152 GARDENING: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 153 GARDENING: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 154 AGRICULTURE: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 155 AGRICULTURE: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 156 AGRICULTURE: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 157 AGRICULTURE: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 158 MARKET, BY PROPULSION, 2018–2022 (UNITS)
  • TABLE 159 MARKET, BY PROPULSION, 2023–2030 (UNITS)
  • TABLE 160 MARKET, BY PROPULSION, 2018–2022 (USD MILLION)
  • TABLE 161 MARKET, BY PROPULSION, 2023–2030 (USD MILLION)
  • TABLE 162 HYBRID ELECTRIC: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 163 HYBRID ELECTRIC: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 164 HYBRID ELECTRIC: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 165 HYBRID ELECTRIC: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 166 BATTERY ELECTRIC: MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 167 BATTERY ELECTRIC: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 168 BATTERY ELECTRIC: MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 169 BATTERY ELECTRIC: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 170 HYDROGEN: MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 171 HYDROGEN: MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 172 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 173 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 174 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 175 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 176 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 177 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 178 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 179 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 180 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 181 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 182 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 183 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 184 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 185 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 186 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (UNITS)
  • TABLE 187 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2030 (UNITS)
  • TABLE 188 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (USD MILLION)
  • TABLE 189 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2030 (USD MILLION)
  • TABLE 190 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 191 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 192 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 193 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 194 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 195 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 196 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 197 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 198 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 199 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 200 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (UNITS)
  • TABLE 201 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (UNITS)
  • TABLE 202 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (USD MILLION)
  • TABLE 203 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (USD MILLION)
  • TABLE 204 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 205 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 206 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 207 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 208 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 209 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 210 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 211 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 212 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 213 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 214 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 215 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 216 ELECTRIC OFF-HIGHWAY EQUIPMENT: INDICATIVE OEM MODELS AND THEIR BATTERY CAPACITY
  • TABLE 217 MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS)
  • TABLE 218 MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS)
  • TABLE 219 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS)
  • TABLE 220 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS)
  • TABLE 221 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS)
  • TABLE 222 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS)
  • TABLE 223 ELECTRIC OFF-HIGHWAY EQUIPMENT: INDICATIVE OEM MODELS AND THEIR BATTERY CHEMISTRY
  • TABLE 224 MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS)
  • TABLE 225 MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS)
  • TABLE 226 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS)
  • TABLE 227 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS)
  • TABLE 228 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS)
  • TABLE 229 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS)
  • TABLE 230 MARKET, BY REGION, 2018–2022 (UNITS)
  • TABLE 231 MARKET, BY REGION, 2023–2030 (UNITS)
  • TABLE 232 MARKET, BY REGION, 2018–2022 (USD MILLION)
  • TABLE 233 MARKET, BY REGION, 2023–2030 (USD MILLION)
  • TABLE 234 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2022 (UNITS)
  • TABLE 235 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2030 (UNITS)
  • TABLE 236 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 237 ASIA PACIFIC: MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 238 CHINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 239 CHINA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 240 CHINA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 241 CHINA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 242 INDIA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 243 INDIA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 244 INDIA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 245 INDIA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 246 JAPAN: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 247 JAPAN: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 248 JAPAN: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 249 JAPAN: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 250 SOUTH KOREA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 251 SOUTH KOREA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 252 SOUTH KOREA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 253 SOUTH KOREA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 254 REST OF ASIA PACIFIC: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 255 REST OF ASIA PACIFIC: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 256 REST OF ASIA PACIFIC: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 257 REST OF ASIA PACIFIC: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 258 EUROPE: MARKET, BY COUNTRY, 2018–2022 (UNITS)
  • TABLE 259 EUROPE: MARKET, BY COUNTRY, 2023–2030 (UNITS)
  • TABLE 260 EUROPE: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 261 EUROPE: MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 262 GERMANY: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 263 GERMANY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 264 GERMANY: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 265 GERMANY: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 266 UK: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 267 UK: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 268 UK: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 269 UK: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 270 FRANCE: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 271 FRANCE: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 272 FRANCE: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 273 FRANCE: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 274 SPAIN: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 275 SPAIN: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 276 SPAIN: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 277 SPAIN: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 278 RUSSIA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 279 RUSSIA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 280 RUSSIA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 281 RUSSIA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 282 ITALY: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 283 ITALY: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 284 ITALY: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 285 ITALY: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 286 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 287 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 288 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 289 REST OF EUROPE: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 290 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS)
  • TABLE 291 AMERICAS: MARKET, BY COUNTRY, 2023–2030 (UNITS)
  • TABLE 292 AMERICAS: MARKET, BY COUNTRY, 2018–2022 (USD MILLION)
  • TABLE 293 AMERICAS: MARKET, BY COUNTRY, 2023–2030 (USD MILLION)
  • TABLE 294 US: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 295 US: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 296 US: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 297 US: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 298 CANADA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 299 CANADA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 300 CANADA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 301 CANADA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 302 MEXICO: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 303 MEXICO: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 304 MEXICO: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 305 MEXICO: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 306 BRAZIL: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 307 BRAZIL: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 308 BRAZIL: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 309 BRAZIL: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 310 ARGENTINA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS)
  • TABLE 311 ARGENTINA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS)
  • TABLE 312 ARGENTINA: MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION)
  • TABLE 313 ARGENTINA: MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION)
  • TABLE 314 DEGREE OF COMPETITION, 2022
  • TABLE 315 KEY PLAYERS’ STRATEGIES, 2021–2023
  • TABLE 316 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, 2022
  • TABLE 317 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, BY EQUIPMENT TYPE, 2022
  • TABLE 318 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, BY REGION, 2022
  • TABLE 319 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, 2022
  • TABLE 320 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, BY PROPULSION, 2022
  • TABLE 321 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, BY REGION, 2022
  • TABLE 322 PRODUCT DEVELOPMENTS, 2021–2023
  • TABLE 323 DEALS, 2021–2023
  • TABLE 324 OTHERS, 2021–2023
  • TABLE 325 BATTERY ELECTRIC CONSTRUCTION VEHICLES (OEMS AND MODELS)
  • TABLE 326 ELECTRIC AND HYBRID MINING TRUCKS (OEMS AND MODELS)
  • TABLE 327 ELECTRIC AND HYBRID MINING LOAD HAUL DUMPERS (OEMS AND MODELS)
  • TABLE 328 ELECTRIC AND HYBRID TRACTORS (OEMS AND MODELS)
  • TABLE 329 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW
  • TABLE 330 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 331 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT DEVELOPMENTS
  • TABLE 332 HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS
  • TABLE 333 HITACHI CONSTRUCTION MACHINERY CO., LTD.: OTHERS
  • TABLE 334 CATERPILLAR INC.: COMPANY OVERVIEW
  • TABLE 335 CATERPILLAR INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 336 CATERPILLAR INC.: DEALS
  • TABLE 337 CATERPILLAR INC.: PRODUCT DEVELOPMENTS
  • TABLE 338 KOMATSU LTD.: COMPANY OVERVIEW
  • TABLE 339 KOMATSU LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 340 KOMATSU LTD.: DEALS
  • TABLE 341 KOMATSU LTD.: PRODUCT DEVELOPMENTS
  • TABLE 342 JCB: COMPANY OVERVIEW
  • TABLE 343 JCB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 344 JCB: DEALS
  • TABLE 345 JCB: PRODUCT DEVELOPMENTS
  • TABLE 346 VOLVO CONSTRUCTION EQUIPMENT: COMPANY OVERVIEW
  • TABLE 347 VOLVO CONSTRUCTION EQUIPMENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 348 VOLVO CONSTRUCTION EQUIPMENT: DEALS
  • TABLE 349 VOLVO CONSTRUCTION EQUIPMENT: PRODUCT DEVELOPMENTS
  • TABLE 350 VOLVO CONSTRUCTION EQUIPMENT: OTHERS
  • TABLE 351 DEERE & COMPANY: COMPANY OVERVIEW
  • TABLE 352 DEERE & COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 353 DEERE & COMPANY: DEALS
  • TABLE 354 DEERE & COMPANY: PRODUCT DEVELOPMENTS
  • TABLE 355 DEERE & COMPANY: OTHERS
  • TABLE 356 SANDVIK AB: COMPANY OVERVIEW
  • TABLE 357 SANDVIK AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 358 SANDVIK AB: DEALS
  • TABLE 359 SANDVIK AB: PRODUCT DEVELOPMENTS
  • TABLE 360 EPIROC AB: COMPANY OVERVIEW
  • TABLE 361 EPIROC AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 362 EPIROC AB: DEALS
  • TABLE 363 EPIROC AB: PRODUCT DEVELOPMENTS
  • TABLE 364 EPIROC AB: OTHERS
  • TABLE 365 LIEBHERR: COMPANY OVERVIEW
  • TABLE 366 LIEBHERR: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 367 LIEBHERR: DEALS
  • TABLE 368 LIEBHERR: PRODUCT DEVELOPMENTS
  • TABLE 369 DOOSAN GROUP: COMPANY OVERVIEW
  • TABLE 370 DOOSAN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED
  • TABLE 371 DOOSAN GROUP: DEALS
  • TABLE 372 DOOSAN GROUP: PRODUCT DEVELOPMENTS
  • TABLE 373 SOLETRAC INC.: COMPANY OVERVIEW
  • TABLE 374 DANA LIMITED: COMPANY OVERVIEW
  • TABLE 375 DEUTZ AG: COMPANY OVERVIEW
  • TABLE 376 FENDT: COMPANY OVERVIEW
  • TABLE 377 HUSQVARNA AB: COMPANY OVERVIEW
  • TABLE 378 STIHL HOLDING AG AND CO. KG: COMPANY OVERVIEW
  • TABLE 379 XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD. (XCMG) GROUP: COMPANY OVERVIEW
  • TABLE 380 SANY HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW
  • TABLE 381 KUBOTA CORPORATION: COMPANY OVERVIEW
  • TABLE 382 KOBELCO CONSTRUCTION MACHINERY EUROPE BV: COMPANY OVERVIEW
  • TABLE 383 BHARAT EARTH MOVERS LIMITED: COMPANY OVERVIEW
  • TABLE 384 CRRC CORPORATION: COMPANY OVERVIEW
  • TABLE 385 CNH INDUSTRIAL NV: COMPANY OVERVIEW
  • TABLE 386 WACKER NEUSON SE: COMPANY OVERVIEW
  • TABLE 387 TAKEUCHI GLOBAL: COMPANY OVERVIEW
  • TABLE 388 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW
  • TABLE 389 LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW
LIST OF FIGURES
 
  • FIGURE 1 MARKET SEGMENTATION
  • FIGURE 2 RESEARCH DESIGN
  • FIGURE 3 RESEARCH PROCESS FLOW
  • FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY DESIGNATION, COMPANY TYPE, AND REGION
  • FIGURE 5 HYPOTHESIS BUILDING
  • FIGURE 6 BOTTOM-UP APPROACH
  • FIGURE 7 TOP-DOWN APPROACH
  • FIGURE 8 DATA TRIANGULATION
  • FIGURE 9 MARKET OUTLOOK
  • FIGURE 10 ASIA PACIFIC TO GROW AT FASTEST CAGR DURING FORECAST PERIOD
  • FIGURE 11 GROWING NEED TO MINIMIZE EMISSIONS AND DEMAND FOR LOW-NOISE CONSTRUCTION EQUIPMENT TO DRIVE MARKET
  • FIGURE 12 ELECTRIC DUMP TRUCK SEGMENT TO LEAD FROM 2023 TO 2030
  • FIGURE 13 AGRICULTURE TO SHOWCASE HIGHEST GROWTH DURING FORECAST PERIOD
  • FIGURE 14 LITHIUM IRON PHOSPHATE TO BE MOST PREFERRED BATTERY DURING FORECAST PERIOD
  • FIGURE 15 50–200 KWH TO HAVE HIGHEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 16 BATTERY ELECTRIC PROPULSION TO GROW AT FASTEST RATE DURING FORECAST PERIOD
  • FIGURE 17 BATTERY ELECTRIC TRACTOR TO REPORT HIGHEST MARKET SHARE DURING FORECAST PERIOD
  • FIGURE 18 50–150 HP SEGMENT TO RECORD FASTEST GROWTH RATE (2023–2030)
  • FIGURE 19 HYBRID ELECTRIC PROPULSION TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
  • FIGURE 20 CONSTRUCTION EQUIPMENT SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 21 ELECTRIC LAWN MOWER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD
  • FIGURE 22 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023
  • FIGURE 23 ELECTRIC CONSTRUCTION EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
  • FIGURE 24 NON-ROAD MOBILE MACHINERY (NRMM) EMISSION REGULATION OUTLOOK, 2019–2030
  • FIGURE 25 SUPPLY CHAIN ANALYSIS
  • FIGURE 26 ECOSYSTEM MAPPING
  • FIGURE 27 KEY PLAYERS IN ECOSYSTEM
  • FIGURE 28 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION
  • FIGURE 29 KEY BUYING CRITERIA FOR ELECTRIC CONSTRUCTION EQUIPMENT, BY APPLICATION
  • FIGURE 30 TOTAL COST OF OWNERSHIP OF ELECTRIC CONSTRUCTION EQUIPMENT
  • FIGURE 31 FACTORS INFLUENCING TOTAL COST OF OWNERSHIP
  • FIGURE 32 BILL OF MATERIAL ANALYSIS
  • FIGURE 33 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2030 (USD MILLION)
  • FIGURE 34 MARKET, BY BATTERY CAPACITY, 2023 VS. 2030 (USD MILLION)
  • FIGURE 35 MARKET, BY BATTERY CHEMISTRY, 2023 VS. 2030 (USD MILLION)
  • FIGURE 36 MARKET, BY POWER OUTPUT, 2023 VS. 2030 (USD MILLION)
  • FIGURE 37 MARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 38 MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 39 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2030 (USD MILLION)
  • FIGURE 40 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 41 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION)
  • FIGURE 42 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CAPACITY AND INDUSTRY, 2023 (UNITS)
  • FIGURE 43 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CHEMISTRY AND INDUSTRY, 2023 (UNITS)
  • FIGURE 44 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE (2023–2030)
  • FIGURE 45 ASIA PACIFIC: MARKET, BY COUNTRY, 2023 VS. 2030 (USD MILLION)
  • FIGURE 46 EUROPE: MARKET SNAPSHOT
  • FIGURE 47 AMERICAS: MARKET SNAPSHOT
  • FIGURE 48 MARKET SHARE ANALYSIS, 2022
  • FIGURE 49 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020–2022
  • FIGURE 50 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS, 2022
  • FIGURE 51 KEY DEVELOPMENTS BY LEADING PLAYERS
  • FIGURE 52 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS, 2022
  • FIGURE 53 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT
  • FIGURE 54 CATERPILLAR INC.: COMPANY SNAPSHOT
  • FIGURE 55 KOMATSU LTD.: COMPANY SNAPSHOT
  • FIGURE 56 VOLVO CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT
  • FIGURE 57 DEERE & COMPANY: COMPANY SNAPSHOT
  • FIGURE 58 SANDVIK AB: COMPANY SNAPSHOT
  • FIGURE 59 EPIROC AB: COMPANY SNAPSHOT
  • FIGURE 60 LIEBHERR: COMPANY SNAPSHOT
  • FIGURE 61 DOOSAN GROUP: COMPANY SNAPSHOT

 

The study involves four main activities to estimate the current size of the electric construction equipment market.

  • Exhaustive secondary research collected information on the market, such as equipment type, battery capacity, battery chemistry, power output, application, propulsion, equipment type, propulsion, and region.
  • The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research.
  • Bottom-up and top-down approaches were employed to estimate the complete market size for different segments considered in this study.
  • After that, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources were used to identify and collect information for this study. The secondary sources included annual reports, press releases, and investor presentations of companies; white papers, certified publications; articles from recognized authors, directories, and databases; and articles from recognized associations and government publishing sources.

Secondary research was used to obtain key information about the industry’s value chain, the overall pool of key players, market classification and segmentation according to industry trends to the bottom-most level, regional markets, and key developments from the market and technology-oriented perspectives.

Primary Research

Extensive primary research was conducted through secondary research after understanding the electric construction equipment market scenario. Several primary interviews were conducted with market experts from construction equipment providers, component/system providers, and end-user organizations across three major regions: the Americas, Europe, and Asia Pacific. Several primary interviews were conducted with the construction equipment and component/system providers and from the end-user organizations. Approximately 100% of the primary interviews were conducted from the demand side. Primary data was collected through questionnaires, emails, and telephonic interviews. Various departments within organizations, including sales, operations, and administration, were contacted to provide a holistic viewpoint in the report while canvassing primaries. After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This and the opinions of in-house subject matter experts led to the findings delineated in the rest of this report.

Electric Construction Equipment Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

A detailed market estimation approach was followed to estimate and validate the value and volume of the electric construction equipment market and other dependent submarkets, as mentioned below:

Electric Construction Equipment Market Size: Bottom-Up Approach

Electric Construction Equipment Market Size, and Share

To know about the assumptions considered for the study, Request for Free Sample Report

Electric Construction Equipment Market Size: Top-Down Approach

Electric Construction Equipment Market Size, and Share

Market Definition:

Electric construction equipment includes both battery-electric and hybrid-electric construction equipment. Hybrid electric equipment is powered by an Internal Combustion Engine (ICE) in combination with one or more electric motors that use energy stored in batteries to meet the additional auxiliary power for the equipment, electronic devices, and power tools. Battery electric equipment is fully electric, where the combustion engine is replaced with batteries and an electric motor that powers the movement of the machine and its attachments.

Stakeholders:

Report Objectives

  • The bottom-up approach was used to estimate and validate the size of the electric construction equipment market. The market size by equipment, in terms of volume, was derived by multiplying the region-level breakup for each equipment (electric excavators, electric motor graders, electric dozers, electric loaders, electric dump trucks, electric load-haul-dump loaders, electric lawn mower, electric sprayer, electric tractor) with region-level electric construction equipment sales.
  • The region-level market by equipment by volume is multiplied with the region-level average selling price (ASP) for each application to get the electric construction equipment market for each equipment by value.
  • The summation of the region-level market would give the global electric construction equipment market by equipment (electric excavators, electric motor graders, electric dozers, electric loaders, electric dump trucks, electric load-haul-dump loaders, electric lawn mowers, electric sprayers, electric tractors). The total value of each region was then summed up to derive the total value of the market by equipment.
  • All key macro indicators affecting the revenue growth of the market segments and subsegments were accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the validated and verified quantitative and qualitative data.
  • The gathered market data was consolidated and added with detailed inputs, analyzed, and presented in this report.
  • The top-down approach estimated and validated the market by battery type regarding volume and value. The global electric construction equipment market value (USD million) by region (Asia Pacific, Americas, and Europe) was derived from the worldwide market. The penetration of each battery chemistry (Lithium-ion Phosphate, Lithium-ion NMC, and other battery chemistries) at the regional level was derived from secondary sources and validated through primary sources. The penetration of each battery chemistry (Lithium-ion Phosphate, Lithium-ion NMC, and other battery chemistries) was multiplied by the regional market to get the market value (USD million) by battery chemistry type for each region. All region-wise markets were summated to derive the total electric construction equipment market value (USD million) by battery chemistry. The top-down approach was followed by battery capacity, power output, and propulsion segments.
    • Component Manufacturers of Various Electric Construction Equipment
    • Raw Material Suppliers for Electric Construction Equipment
    • Battery and Drivetrain Suppliers
    • Electric Construction Equipment Manufacturers
    • Electric Mining Equipment Manufacturers
    • Electric Tractor Manufacturers
    • Lawn Mower Manufacturers
    • Traders, Distributors, and Suppliers of Electric Construction Equipment Systems/Components
    • Automotive Industry Associations, Government Authorities, and Research Organizations
    • To define, describe, and forecast the size of the electric off-highway equipment market in terms of volume and value
      • By equipment type (electric excavator, electric motor grader, electric dozer, electric loader, electric dump truck, and electric load-haul-dump loader)
      • By battery capacity (<50 KwH, 50-200 KwH, 200-500 KwH and >500 KwH)
      • By battery type (Lithium-ion Phosphate, Lithium-ion NMC, and Other Battery Chemistries)
      • By power output (<50 HP, 50-150 HP, 150-300 HP and >300 HP)
      • By propulsion (Battery Electric, Hybrid Electric, and Hydrogen)
      • By Application (Construction, Mining, Gardening, and Agriculture)
      • Electric agriculture equipment market, by equipment type (electric lawn mower, electric sprayer, and electric tractor)
      • Electric tractor market, by propulsion (Battery Electric, Hybrid Electric, and Hydrogen)
      • Electric construction and mining market, by propulsion (Battery Electric, Hybrid Electric, and Hydrogen)
      • By region (Asia Pacific, Americas, and Europe)
    • To qualitatively analyze and assess the electric off-highway equipment market, by region
    • To understand the market dynamics (drivers, restraints, opportunities, and challenges) of the market
    • To analyze the share of leading players in the electric off-highway equipment market and evaluate competitive leadership mapping
    • To strategically analyze the key player strategies/right to win and company revenue analysis
    • To strategically analyze the market with recession impact analysis, supply chain analysis, market ecosystem, trade analysis, case studies, ASP analysis, patent analysis, trends/disruptions impacting buyers, technology trend and regulatory analysis.
    • To analyze recent developments, including new product launches, expansions, and other activities, undertaken by key industry participants in the market.

Along with the given market data, MarketsandMarkets offers customizations in accordance with the company’s specific needs

Available Customizations

Along with the given market data, MarketsandMarkets offers customizations in accordance with a company’s specific needs

Electric Construction Equpiment Market, By Application & Country

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Italy
    • Rest of Europe
  • Americas
    • US
    • Canada
    • Mexico
    • Brazil
    • Argentina

Electric Construction Equipment Market, By Type & Country

  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Russia
    • Italy
    • Rest of Europe
  • Americas
    • US
    • Canada
    • Mexico
    • Brazil
    • Argentina

Electric Construction Equipment Market, By Battery Capacity & Battery Chemistry

  • <50 kWh
  •  50-200 kWh
  •  200-500 kWh
  •  >500 kWh
  • Lithium-ion Phosphate
  •  Lithium-ion NMC
  •  Other Battery Chemistries

Electric Mining Machinery Market, By Battery Capacity & Battery Chemistry

  • <50 kWh
  •  50-200 kWh
  •  200-500 kWh
  •  >500 kWh
  • Lithium-ion Phosphate
  •  Lithium-ion NMC
  •  Other Battery Chemistries

Electric Agriculture Equipment Market, By Battery Capacity & Battery Chemistry

  • <50 kWh
  •  50-200 kWh
  •  200-500 kWh
  •  >500 kWh
  • Lithium-ion Phosphate
  •  Lithium-ion NMC
  •  Other Battery Chemistries

Detailed Analysis And Profiling Of Additional Market Players (Up To 3)

Previous Versions of this Report

Electric Construction Equipment Market by Equipment Type, Battery Capacity, Battery Type, Power Output, Application, Propulsion, Electric Tractor Market, Electric Construction & Mining Equipment Market and Region - Global Forecast to 2027

Report Code AT 7341
Published in Aug, 2022, By MarketsandMarkets™

Electric Off-highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region - Global Forecast to 2025

Report Code AT 7341
Published in Sep, 2020, By MarketsandMarkets™

Electric Off-highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region - Global Forecast to 2025

Report Code AT 7341
Published in Sep, 2019, By MarketsandMarkets™

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Growth opportunities and latent adjacency in Electric Construction Equipment Market

Ghed22

Sep, 2022

Beyond the big names there are many smaller or new comers in the electric equipment market, does this report map them?.

User

Aug, 2019

Hi, I am a graduate student researching the EV market and I came across your report. I would greatly appreciate if I can get a free sample of the report as this will greatly enhance the quality of my research. .

User

Jun, 2019

I write in my blog in the Spanish Financial Newspaper Expansion., about climate change and solutions, like renewable energy and electric mobility..

User

Jun, 2019

Electric vehicle markets Evolution of electrification in mobility (road transport, maritime, aviation).

Akshit

Jun, 2019

Hello. I am looking to gain some statistics on commercial market and consumer market market share. In addition to this, how much of the commercial market is already electric? Thank you in advance..

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