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

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

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.