Global Electric Off-highway Equipment Market Insights, Forecast to 2029

Global Electric Off-highway Equipment Market Insights, Forecast to 2029

Market Analysis and Insights: Global Electric Off-highway Equipment Market

The global Electric Off-highway Equipment market is projected to grow from US$ 29837 million in 2023 to US$ 65158 million by 2029, at a Compound Annual Growth Rate (CAGR) of 13.9% during the forecast period.

The US & Canada market for Electric Off-highway Equipment is estimated to increase from $ 7433 million in 2023 to reach $ 14821 million by 2029, at a CAGR of 12.19% during the forecast period of 2024 through 2029.

The China market for Electric Off-highway Equipment is estimated to increase from $ 4663 million in 2023 to reach $ 12253 million by 2029, at a CAGR of 17.47% during the forecast period of 2024 through 2029.

The Europe market for Electric Off-highway Equipment is estimated to increase from $ 10273 million in 2023 to reach $ 21336 million by 2029, at a CAGR of 12.95% during the forecast period of 2024 through 2029.

The global key companies of Electric Off-highway Equipment include Toyota Material Handling, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, Komatsu, Crown Equipment Corporation, Caterpillar, Anhui Heli, Hangcha, Doosan, Sandvik AB and Hitachi Construction Machinery, etc. In 2022, the global top five players had a share approximately 39.2% in terms of revenue.

Report Includes

This report presents an overview of global market for Electric Off-highway Equipment market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.

This report researches the key producers of Electric Off-highway Equipment, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Electric Off-highway Equipment, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Off-highway Equipment revenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Electric Off-highway Equipment market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Electric Off-highway Equipment revenue, projected growth trends, production technology, application, and end-user industry.

By Company

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

AgXeed

Segment by Type

Loaders

Excavators

Dump Trucks

Forklift & Tow Tractor

Tractor

Others

Segment by Application

Construction

Mining

Water Conservancy

Warehouse and Logistics

Agriculture and Forestry

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

Southeast Asia

India

China Taiwan

Rest of Asia

Europe

Germany

France

U.K.

Italy

Netherlands

Russia

Sweden

Rest of Europe

Latin America

Mexico

Brazil

Chile

Argentina

Colombia

Rest of Latin America

Middle East & Africa

South Africa

Saudi Arabia

Israel

Rest of MEA

Oceania

Australia

New Zealand

Rest of Oceania

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Revenue of Electric Off-highway Equipment in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Electric Off-highway Equipment companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, revenue for each segment.

Chapter 8: Asia by Type, and by Application, revenue for each segment.

Chapter 9: Middle East, Africa by Type, by Application and by region, revenue for each segment.

Chapter 10: Latin America by Type, by Application and by country, revenue for each segment.

Chapter 11: Oceania by Type, by Application and by country, revenue for each segment.

Chapter 12: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Off-highway Equipment revenue, gross margin, and recent development, etc.

Chapter 13: Analyst's Viewpoints/Conclusions