Off-highway Electric Vehicle Market Size to touch USD 29,918.5 Million by 2027
The report analyzes and forecasts the Off-highway Electric Vehicle Market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2022 to 2030. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global Off-highway Electric Vehicle Market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.
The study provides a decisive view of the Off-highway Electric Vehicle Market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
The report provides size (in terms of volume and value) of Off-highway Electric Vehicle Market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
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In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.
Market Players as below:
The players profiled in the report include Caterpillar (US), Deere & Company, Epiroc AB, Hitachi Construction Machinery (Japan), J.C. Bamford Excavators Ltd., Komatsu (Japan), Liebherr Group, Sandvik AB, Terex Corporation, and Volvo Construction Equipment.
The major market segments of Off-highway Electric Vehicle Market are as below:
Market By Propulsion Type
Hybrid Electric
Battery Electric
Market By equipment type
Excavator
Motor Grader
Dozer
Loader
Dump Truck
LHD
Lawn Mower
Sprayer
Tractor
Market By Application
Construction
Mining
Agriculture
Market By Power Output
<50 hp
50–150 hp
150–300 hp
>300 hp
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Table Of Contents:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Off-highway Electric Vehicle
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Off-highway Electric Vehicle Market By Propulsion Type
1.2.2.1. Global Off-highway Electric Vehicle Market Revenue and Growth Rate Comparison By Propulsion Type (2020-2027)
1.2.2.2. Global Off-highway Electric Vehicle Market Revenue Share By Propulsion Type in 2019
1.2.2.3. Hybrid Electric
1.2.2.4. Battery Electric
1.2.3. Off-highway Electric Vehicle Market By equipment type
1.2.3.1. Global Off-highway Electric Vehicle Market Revenue and Growth Rate Comparison By equipment type (2020-2027)
1.2.3.1.1. Excavator
1.2.3.1.2. Motor Grader
1.2.3.1.3. Dozer
1.2.3.1.4. Loader
1.2.3.1.5. Dump Truck
1.2.3.1.6. LHD
1.2.3.1.7. Lawn Mower
1.2.3.1.8. Sprayer
1.2.3.1.9. Tractor
1.2.4. Off-highway Electric Vehicle Market By Application
1.2.4.1. Global Off-highway Electric Vehicle Market Revenue and Growth Rate Comparison By Application (2020-2027)
1.2.4.2. Construction
1.2.4.3. Mining
1.2.4.2. Agriculture
1.2.5. Off-highway Electric Vehicle Market By Power Output
1.2.5.1. Global Off-highway Electric Vehicle Market Revenue and Growth Rate Comparison By Power Output (2020-2027)
1.2.5.2. <50 hp
1.2.5.3. 50–150 hp
1.2.5.4. 150–300 hp
1.2.5.5. >300 hp
1.2.6. Off-highway Electric Vehicle Market By Geography
1.2.6.1. Global Off-highway Electric Vehicle Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.6.2. North America Off-highway Electric Vehicle Market Revenue and Growth Rate(2020-2027)
1.2.6.3. Europe Off-highway Electric Vehicle Market Revenue and Growth Rate(2020-2027)
1.2.6.4. Asia-Pacific Off-highway Electric Vehicle Market Revenue and Growth Rate(2020-2027)
1.2.6.5. Latin America Off-highway Electric Vehicle Market Revenue and Growth Rate(2020-2027)
1.2.6.6. Middle East and Africa (MEA) Off-highway Electric Vehicle Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Off-highway Electric Vehicle Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Off-highway Electric Vehicle Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Off-highway Electric Vehicle Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Off-highway Electric Vehicle Major Manufacturers in 2019
CHAPTER 4. Off-highway Electric Vehicle MARKET By Propulsion Type
4.1. Global Off-highway Electric Vehicle Revenue By Propulsion Type
4.2. Hybrid Electric
4.2.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
4.3. Battery Electric
4.3.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
CHAPTER 5. Off-highway Electric Vehicle MARKET By equipment type
5.1. Global Off-highway Electric Vehicle Revenue By equipment type
5.2. Excavator
5.2.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.3. Motor Grader
5.3.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.4. Dozer
5.4.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.3. Loader
5.3.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.4. Dump Truck
5.4.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.5. LHD
5.5.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.6. Lawn Mower
5.6.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.7. Sprayer
5.7.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
5.8. Tractor
5.8.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
5.8.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
CHAPTER 6. Off-highway Electric Vehicle MARKET By Application
6.1. Global Off-highway Electric Vehicle Revenue By Application
6.2. Construction
6.2.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
6.3. Mining
6.3.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
6.4. Agriculture
6.4.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
CHAPTER 7. Off-highway Electric Vehicle MARKET By Power Output
7.1. Global Off-highway Electric Vehicle Revenue By Power Output
7.2. <50 hp
7.2.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
7.2.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
7.3. 50–150 hp
7.3.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
7.3.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
7.4. 150–300 hp
7.4.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
7.4.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
7.5. >300 hp
7.5.1. Market Revenue and Growth Rate, 2020 – 2027 ($Million)
7.5.2. Market Revenue and Forecast, By Region, 2020 – 2027 ($Million)
CHAPTER 8. NORTH AMERICA Off-highway Electric Vehicle MARKET BY COUNTRY
8.1. North America Off-highway Electric Vehicle Market Revenue and Growth Rate, 2020 – 2027 ($Million)
8.2. North America Off-highway Electric Vehicle Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. U.S.
8.3.1. U.S. Off-highway Electric Vehicle Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
8.3.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
8.3.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
8.4. Canada
8.4.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
8.4.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
8.4.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
CHAPTER 9. EUROPE Off-highway Electric Vehicle MARKET BY COUNTRY
9.1. Europe Off-highway Electric Vehicle Market Revenue and Growth Rate, 2020 – 2027 ($Million)
9.2. Europe Off-highway Electric Vehicle Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. UK
9.3.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
9.3.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
9.3.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
9.4. Germany
9.4.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
9.4.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
9.4.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
9.5. France
9.5.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
9.5.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
9.5.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
9.6. Spain
9.6.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
9.6.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
9.6.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
9.7. Rest of Europe
9.7.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
9.7.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
9.7.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
CHAPTER 10. ASIA-PACIFIC Off-highway Electric Vehicle MARKET BY COUNTRY
10.1. Asia-Pacific Off-highway Electric Vehicle Market Revenue and Growth Rate, 2020 – 2027 ($Million)
10.2. Asia-Pacific Off-highway Electric Vehicle Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. China
10.3.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.3.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.3.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
10.4. Japan
10.4.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.4.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.4.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
10.5. India
10.5.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.5.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.5.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
10.6. Australia
10.6.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.6.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.6.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.6.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
10.7. South Korea
10.7.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.7.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.7.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.7.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
10.8. Rest of Asia-Pacific
10.8.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
10.8.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
10.8.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
10.8.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
CHAPTER 11. LATIN AMERICA Off-highway Electric Vehicle MARKET BY COUNTRY
11.1. Latin America Off-highway Electric Vehicle Market Revenue and Growth Rate, 2020 – 2027 ($Million)
11.2. Latin America Off-highway Electric Vehicle Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. Brazil
11.3.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
11.3.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
11.3.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
11.4. Mexico
11.4.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
11.4.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
11.4.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
11.5. Rest of Latin America
11.5.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
11.5.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
11.5.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
CHAPTER 12. MIDDLE EAST & AFRICA Off-highway Electric Vehicle MARKET BY COUNTRY
12.1. Middle East & Africa Off-highway Electric Vehicle Market Revenue and Growth Rate, 2020 – 2027 ($Million)
12.2. Middle East & Africa Off-highway Electric Vehicle Market Revenue Share Comparison, 2020 & 2027 (%)
12.3. GCC
12.3.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
12.3.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
12.3.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
12.3.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
12.4. South Africa
12.4.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
12.4.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
12.4.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
12.4.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
12.5. Rest of Middle East & Africa
12.5.1. Market Revenue and Forecast By Propulsion Type, 2020 – 2027 ($Million)
12.5.2. Market Revenue and Forecast By equipment type, 2020 – 2027 ($Million)
12.5.3. Market Revenue and Forecast By Application, 2020 – 2027 ($Million)
12.5.4. Market Revenue and Forecast By Power Output, 2020 – 2027 ($Million)
CHAPTER 13. COMPANY PROFILE
13.1. Caterpillar
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. Deere & Company
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Epiroc AB
3.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Hitachi Construction Machinery
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. J.C. Bamford Excavators Ltd.
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Komatsu
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Liebherr Group
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
12.8. Sandvik AB
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Terex Corporation
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Volvo Construction Equipment
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Others
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
CHAPTER 14. RESEARCH APPROACH
14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope
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