Electric Off-highway Equipment Market Report – Research, Industry Analysis Reports and Market Demands

Global Electric Off-highway Equipment Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Electric Off-highway Equipment Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 Loaders
- 1.3.3 Excavators
- 1.3.4 Dump Trucks
- 1.3.5 Electric Forklift & Tow Tractor
- 1.3.6 Tractor
- 1.3.7 Others
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Electric Off-highway Equipment Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Construction
- 1.4.3 Mining
- 1.4.4 Water Conservancy
- 1.4.5 Warehouse and Logistics
- 1.4.6 Agriculture and Forestry
- 1.4.7 Others
1.5 Global Electric Off-highway Equipment Market Size & Forecast
- 1.5.1 Global Electric Off-highway Equipment Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Electric Off-highway Equipment Sales Quantity (2019-2030)
- 1.5.3 Global Electric Off-highway Equipment Average Price (2019-2030)

2 Manufacturers Profiles

3 Competitive Environment: Electric Off-highway Equipment by Manufacturer

3.1 Global Electric Off-highway Equipment Sales Quantity by Manufacturer (2019-2024)
3.2 Global Electric Off-highway Equipment Revenue by Manufacturer (2019-2024)
3.3 Global Electric Off-highway Equipment Average Price by Manufacturer (2019-2024)
3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Electric Off-highway Equipment by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Electric Off-highway Equipment Manufacturer Market Share in 2023
- 3.4.3 Top 6 Electric Off-highway Equipment Manufacturer Market Share in 2023
3.5 Electric Off-highway Equipment Market: Overall Company Footprint Analysis
- 3.5.1 Electric Off-highway Equipment Market: Region Footprint
- 3.5.2 Electric Off-highway Equipment Market: Company Product Type Footprint
- 3.5.3 Electric Off-highway Equipment Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Electric Off-highway Equipment Market Size by Region
- 4.1.1 Global Electric Off-highway Equipment Sales Quantity by Region (2019-2030)
- 4.1.2 Global Electric Off-highway Equipment Consumption Value by Region (2019-2030)
- 4.1.3 Global Electric Off-highway Equipment Average Price by Region (2019-2030)
4.2 North America Electric Off-highway Equipment Consumption Value (2019-2030)
4.3 Europe Electric Off-highway Equipment Consumption Value (2019-2030)
4.4 Asia-Pacific Electric Off-highway Equipment Consumption Value (2019-2030)
4.5 South America Electric Off-highway Equipment Consumption Value (2019-2030)
4.6 Middle East & Africa Electric Off-highway Equipment Consumption Value (2019-2030)

5 Market Segment by Type

5.1 Global Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
5.2 Global Electric Off-highway Equipment Consumption Value by Type (2019-2030)
5.3 Global Electric Off-highway Equipment Average Price by Type (2019-2030)

6 Market Segment by Application

6.1 Global Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
6.2 Global Electric Off-highway Equipment Consumption Value by Application (2019-2030)
6.3 Global Electric Off-highway Equipment Average Price by Application (2019-2030)

7 North America

7.1 North America Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
7.2 North America Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
7.3 North America Electric Off-highway Equipment Market Size by Country
- 7.3.1 North America Electric Off-highway Equipment Sales Quantity by Country (2019-2030)
- 7.3.2 North America Electric Off-highway Equipment Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

8.1 Europe Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
8.2 Europe Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
8.3 Europe Electric Off-highway Equipment Market Size by Country
- 8.3.1 Europe Electric Off-highway Equipment Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Electric Off-highway Equipment Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

9.1 Asia-Pacific Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
9.2 Asia-Pacific Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
9.3 Asia-Pacific Electric Off-highway Equipment Market Size by Region
- 9.3.1 Asia-Pacific Electric Off-highway Equipment Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Electric Off-highway Equipment Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 South Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

10.1 South America Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
10.2 South America Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
10.3 South America Electric Off-highway Equipment Market Size by Country
- 10.3.1 South America Electric Off-highway Equipment Sales Quantity by Country (2019-2030)
- 10.3.2 South America Electric Off-highway Equipment Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

11.1 Middle East & Africa Electric Off-highway Equipment Sales Quantity by Type (2019-2030)
11.2 Middle East & Africa Electric Off-highway Equipment Sales Quantity by Application (2019-2030)
11.3 Middle East & Africa Electric Off-highway Equipment Market Size by Country
- 11.3.1 Middle East & Africa Electric Off-highway Equipment Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Electric Off-highway Equipment Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

12.1 Electric Off-highway Equipment Market Drivers
12.2 Electric Off-highway Equipment Market Restraints
12.3 Electric Off-highway Equipment Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Electric Off-highway Equipment and Key Manufacturers
13.2 Manufacturing Costs Percentage of Electric Off-highway Equipment
13.3 Electric Off-highway Equipment Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Electric Off-highway Equipment Typical Distributors
14.3 Electric Off-highway Equipment Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

"Electric Off-highway Equipment" refers to vehicles and machinery designed for use in off-road environments, such as construction sites, mining operations, agriculture, and forestry, that are powered by electric propulsion systems. The term encompasses a variety of heavy-duty equipment traditionally powered by internal combustion engines but has been electrified for improved efficiency, reduced emissions, and sometimes lower operational costs.
According to our (Global Info Research) latest study, the global Electric Off-highway Equipment market size was valued at US$ 30700 million in 2023 and is forecast to a readjusted size of USD 73590 million by 2030 with a CAGR of 13.6% during review period.
Global key players of Electric Off-highway Equipment include Toyota Material Handling, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, etc. The top five players hold a share about 39%. Europe is the largest market, and has a share about 34%, followed by Asia-Pacific and North America with share 33% and 25%, separately. In terms of product type, Electric Forklift & Tow Tractor is the largest segment, occupied for a share of 73%. In terms of application, Warehouse and Logistics has a share about 47 percent.
This report is a detailed and comprehensive analysis for global Electric Off-highway Equipment market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Electric Off-highway Equipment market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Off-highway Equipment market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Off-highway Equipment market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2019-2030
Global Electric Off-highway Equipment market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electric Off-highway Equipment
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electric Off-highway Equipment market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota Material Handling, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, Komatsu, Crown Equipment Corporation, Caterpillar, Anhui Heli, Hangcha, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electric Off-highway Equipment market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Loaders
Excavators
Dump Trucks
Electric Forklift & Tow Tractor
Tractor
Others
Market segment by Application
Construction
Mining
Water Conservancy
Warehouse and Logistics
Agriculture and Forestry
Others
Major players covered
Toyota Material Handling
Kion
Jungheinrich
Mitsubishi Logisnext
Hyster-Yale
Komatsu
Crown Equipment Corporation
Caterpillar
Anhui Heli
Hangcha
Doosan
Sandvik AB
Hitachi Construction Machinery
Shaanxi Tonly Heavy Industries
Volvo Construction Equipment
YANMAR
KUBOTA Corporation
CIFA (Zoomlion)
Sunward Intelligent
XCMG
Liebherr
Zhengzhou Yutong Heavy Industry
John Deere
BRETON
SANY Group
Shantui Construction Machinery
Tianjin Know-how Technology
Huzhou Hongwei New Energy Automobile
Liugong Machinery
Monarch Tractor
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electric Off-highway Equipment product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electric Off-highway Equipment, with price, sales quantity, revenue, and global market share of Electric Off-highway Equipment from 2019 to 2024.
Chapter 3, the Electric Off-highway Equipment competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electric Off-highway Equipment breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Electric Off-highway Equipment market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Off-highway Equipment.
Chapter 14 and 15, to describe Electric Off-highway Equipment sales channel, distributors, customers, research findings and conclusion.

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