Off-Highway Electric Vehicles

Global Market Trajectory & Analytics

MCP22403

EXECUTIVE ENGAGEMENTS

OUTREACH

602
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

122
Interactions with Platform & by Email

PARTICIPANTS

24
Unique # Participated

VALIDATIONS

12
Responses Validated*

COMPETITORS

42
Responses Validated*
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DATE

APR 2021

TABLES

102

PAGES

174

EDITION

5

PRICE

USD 5600


  

HIGHLIGHTS

Amid the COVID-19 crisis, the global market for Off-Highway Electric Vehicles estimated at US$6.1 Billion in the year 2020, is projected to reach a revised size of US$21.3 Billion by 2027, growing at aCAGR of 19.5% over the period 2020-2027. Battery-Electric, one of the segments analyzed in the report, is projected to record 18.7% CAGR and reach US$13.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid-Electric segment is readjusted to a revised 21.1% CAGR for the next 7-year period.
The Off-Highway Electric Vehicles market in the U.S. is estimated at US$1.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.8 Billion by the year 2027 trailing a CAGR of 19.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.4% and 16.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.

SELECT PLAYERS

Caterpillar; CNH Industrial N.V.; Deere & Company; Doosan Corporation; Epiroc AB; Hitachi Construction Machinery Co., Ltd.; J C Bamford Excavators Ltd.; Komatsu Ltd.; Sandvik AB; Volvo Construction Equipment AB

SEGMENTS

» Propulsion (Battery-Electric, Hybrid-Electric) » Battery Type (Lithium-Ion, Lead-Acid, Other Battery Types) » Application (Mining, Construction, Agriculture, Other Applications)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Off-Highway Electric Vehicles by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Off-Highway Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027
World Current & Future Analysis for Battery-Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Battery-Electric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Hybrid-Electric by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Hybrid-Electric by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Lithium-Ion by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Lithium-Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Lead-Acid by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Lead-Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Other Battery Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Other Battery Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Construction by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Construction by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Agriculture by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Agriculture by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
World Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World 7-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
USA Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
USA Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
CANADA
Canada Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Canada Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Canada Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
JAPAN
Japan Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Japan Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Japan Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
CHINA
China Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
China Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
China Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
EUROPE
Europe Current & Future Analysis for Off-Highway Electric Vehicles by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Off-Highway Electric Vehicles by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
Europe Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Europe Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Europe Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
FRANCE
France Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
France Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
France Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
GERMANY
Germany Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Germany Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Germany Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
ITALY
Italy Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Italy Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Italy Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
UK Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
UK Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Rest of Europe Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Rest of Europe Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Asia-Pacific Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Asia-Pacific Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Off-Highway Electric Vehicles by Propulsion - Battery-Electric and Hybrid-Electric - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Off-Highway Electric Vehicles by Propulsion - Percentage Breakdown of Value Sales for Battery-Electric and Hybrid-Electric for the Years 2020 & 2027
Rest of World Current & Future Analysis for Off-Highway Electric Vehicles by Battery Type - Lithium-Ion, Lead-Acid and Other Battery Types - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Off-Highway Electric Vehicles by Battery Type - Percentage Breakdown of Value Sales for Lithium-Ion, Lead-Acid and Other Battery Types for the Years 2020 & 2027
Rest of World Current & Future Analysis for Off-Highway Electric Vehicles by Application - Mining, Construction, Agriculture and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World 7-Year Perspective for Off-Highway Electric Vehicles by Application - Percentage Breakdown of Value Sales for Mining, Construction, Agriculture and Other Applications for the Years 2020 & 2027
Total Companies Profiled: 42

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