Global Construction Machinery Electrification Market Growth 2025-2031
The global Construction Machinery Electrification market size is predicted to grow from US$ 2696 million in 2025 to US$ 28770 million in 2031; it is expected to grow at a CAGR of 48.4% from 2025 to 2031.
Electric construction machinery refers to construction machinery that is powered by electricity rather than traditional fuel engines, including electric excavators, loaders, etc. These devices are widely used in infrastructure construction and other fields due to their environmental protection, high efficiency and low noise.
The electric construction machinery market is in a rapid development stage. Benefiting from the promotion of environmental protection policies and technological progress, its market demand is growing rapidly. As countries' restrictions on carbon emissions become increasingly stringent, more and more construction machinery manufacturers are beginning to launch electrified products to meet the market's demand for low-emission, low-noise and high-efficiency equipment. At the same time, the cost reduction and performance improvement of key components such as lithium batteries have further promoted the popularization of electrified construction machinery. Although electric construction machinery still accounts for a small proportion of the overall market share, with the continuous maturity of technology and increased policy support, it is expected that this market will continue to expand in the next few years and gradually become an important development direction for the construction machinery industry.
LP Information, Inc. (LPI) ' newest research report, the “Construction Machinery Electrification Industry Forecast” looks at past sales and reviews total world Construction Machinery Electrification sales in 2024, providing a comprehensive analysis by region and market sector of projected Construction Machinery Electrification sales for 2025 through 2031. With Construction Machinery Electrification sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Construction Machinery Electrification industry.
This Insight Report provides a comprehensive analysis of the global Construction Machinery Electrification landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Construction Machinery Electrification portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Construction Machinery Electrification market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Construction Machinery Electrification and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Construction Machinery Electrification.
This report presents a comprehensive overview, market shares, and growth opportunities of Construction Machinery Electrification market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Electric Excavator
Electric Loader
Electric Concrete Machinery
Others
Segmentation by Application:
Road Construction
Public Construction
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
SANY Group
XCMG
Guangxi Liugong
Volvo Construction Equipment
Komatsu
Hitachi Construction Machinery
Breton
Caterpillar
Liebherr
Wacker Neuson
Lonking
Sunward Intelligent
SINOMACH-HI
Shandong Lingong
Shantui Construction Machinery
Ensign Heavy Industries
Key Questions Addressed in this Report
What is the 10-year outlook for the global Construction Machinery Electrification market?
What factors are driving Construction Machinery Electrification market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Construction Machinery Electrification market opportunities vary by end market size?
How does Construction Machinery Electrification break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.