Electric vehicles mean utilizes the power as the power source integrating the advanced technology of the power control and drive section.
The electric agricultural vehicle market is expected to grow at a rate of about 58% per year due largely to the global population growth and the trend of population concentrating in urban centers, which will continue to reduce the availability of rural labor and drive the demand for increased agricultural automation. For mining, vehicle electrification has a strong value proposition due to the high operational cost because of the volatility of diesel prices and the high costs of having to ventilate the diesel emissions inside mines. Both costs can be substantially reduced through electrification.
Global Electric Vehicles for Construction, Agriculture and Mining market size will reach 4410 million US$ by 2025, from 190 million US$ in 2018, at a CAGR of 48.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Electric Vehicles for Construction, Agriculture and Mining.
This industry study presents the global Electric Vehicles for Construction, Agriculture and Mining market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Electric Vehicles for Construction, Agriculture and Mining production, revenue and market share by manufacturers, key regions and type;
The consumption of Electric Vehicles for Construction, Agriculture and Mining in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Komatsu, Caterpillar, etc.
The following manufacturers are covered in this report:
Komatsu
Caterpillar
Hitachi
John Deere
Volvo
Atlas Copco
SUNWARD
Merlo
Electric Vehicles for Construction, Agriculture and Mining Breakdown Data by Type
Hybrid
Pure-electric
Electric Vehicles for Construction, Agriculture and Mining Breakdown Data by Application
Construction
Mining
Agriculture
Electric Vehicles for Construction, Agriculture and Mining Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Electric Vehicles for Construction, Agriculture and Mining Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electric Vehicles for Construction, Agriculture and Mining status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electric Vehicles for Construction, Agriculture and Mining manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Vehicles for Construction, Agriculture and Mining :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Vehicles for Construction, Agriculture and Mining market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Electric Vehicles for Construction, Agriculture and Mining . Industry analysis & Market Report on Electric Vehicles for Construction, Agriculture and Mining is a syndicated market report, published as Global Electric Vehicles for Construction, Agriculture and Mining Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Electric Vehicles for Construction, Agriculture and Mining market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.