Global Electric Vehicles for Construction, Agriculture and Mining Market Growth 2025-2031

The global Electric Vehicles for Construction, Agriculture and Mining market size is predicted to grow from US$ 384 million in 2025 to US$ 1022 million in 2031; it is expected to grow at a CAGR of 17.7% from 2025 to 2031.

With the increasing attention of energy saving and emission reduction technology, the electric vehicles affects the development of Construction, Agriculture and Mining industry. Electric vehicles utilizes the electric as the power source integrating the advanced technology of the power control and drive section.

Global electric vehicles for construction, agriculture and mining key players include Komatsu, Caterpillar, Hitachi, John Deere, Volvo etc. Global top 1 manufacturer hold a share over 38%. Europe is the largest market, with a share over 38%, followed by North America and Asia-Pacific, both have a share over 54% percent.

In terms of product, hybrid vehicle is the largest segment, with a share over 80%. And in terms of application, the largest application is construction, followed by mining and agriculture.

LP Information, Inc. (LPI) ' newest research report, the “Electric Vehicles for Construction, Agriculture and Mining Industry Forecast” looks at past sales and reviews total world Electric Vehicles for Construction, Agriculture and Mining sales in 2024, providing a comprehensive analysis by region and market sector of projected Electric Vehicles for Construction, Agriculture and Mining sales for 2025 through 2031. With Electric Vehicles for Construction, Agriculture and Mining sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Vehicles for Construction, Agriculture and Mining industry.

This Insight Report provides a comprehensive analysis of the global Electric Vehicles for Construction, Agriculture and Mining 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 Electric Vehicles for Construction, Agriculture and Mining portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Vehicles for Construction, Agriculture and Mining market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Vehicles for Construction, Agriculture and Mining 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 Electric Vehicles for Construction, Agriculture and Mining.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Vehicles for Construction, Agriculture and Mining market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Hybrid Vehicle
Battery EV

Segmentation by Application:
Construction
Mining
Agriculture

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.
Komatsu
Caterpillar
John Deere
Hitachi
Sandvik Group
Volvo
Epiroc
Sunward
Merlo
Atlas Copco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Vehicles for Construction, Agriculture and Mining market?

What factors are driving Electric Vehicles for Construction, Agriculture and Mining market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Vehicles for Construction, Agriculture and Mining market opportunities vary by end market size?

How does Electric Vehicles for Construction, Agriculture and Mining break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.