Off-Highway Electric Vehicle Market By Vehicle Type, By Energy Storage Capacity, By Battery Type (Lithium-Ion, Lead-Acid), By Application : Global Opportunity Analysis and Industry Forecast, 2021-2031

Description

List of Tables

The report incorporates the study of the global off-highway electric vehicle market that focuses on the type of electric vehicles which includes agriculture tractors, mining trucks, lawn movers, and construction equipment utilized in off-highway applications with electric propulsion. This includes the increased usage of the same in agricultural, construction, infrastructure developments, and others. The increased demand for such vehicles has enabled electric vehicle (EV) manufacturers to increase the production related of off-highway vehicles, thus supplementing the growth of the global market. For instance, China, the European Union, and the U.S. collectively account for over 90% of the global EV sales, while Costa Rica and Colombia have lately established much-more-robust EV sales objectives. Major automakers have also increased their investments in the development of electric vehicles to cater to the anticipated growth in demand for such vehicles in the coming decade. Also, rapid urbanization is leading to the increasing demand for houses, thus propelling residential development across the globe. For instance, in August 2020, SANY Group unveiled the electric version of its truck mixers with features such as 350kW permanent magnet synchronous motors, high-energy-density lithium iron phosphate batteries along with modern monitoring functions such as real-time monitoring, performance analysis and remote diagnosis.

The factors such as increase in trend of recreational activities and adventure sports, rise in demand for electric machinery in construction sector, and increasing sales of electric vehicles supplement the growth of the off-highway electric vehicle market. However, high maintenance cost of off-highway electric vehicles and ban on ATV and UTV driving in wildlife area are the factors expected to hamper the growth of the off-highway electric vehicle market. In addition, technology development in off-highway electric vehicle and expansion of dealer network for effective product reach creates market opportunities for the key players operating in the off-highway electric vehicle market.

For the purpose of analysis, the global off-highway electric vehicle market is segmented on the basis of vehicle type, energy storage capacity, battery type, application, and region. By vehicle type, the market is divided into hybrid electric vehicle (HEV) and battery electric vehicle (BEV). By energy storage capacity, it is fragmented into <50 kWh, 50-200 kWh, and >200 kWh. By battery type, it is categorized into lithium-ion (Li-Ion) and lead-acid. By application, it is further classified into construction, agriculture, mining, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The leading players operating in the off-highway electric vehicle market are AB Volvo, Anhui Heli Co., Ltd., Cargotec Corporation, Caterpillar, Clark, CNH Industrial N.V., DEERE & COMPANY, Epiroc AB, Hitachi Construction Machinery, Hyundai Construction Equipment Co., Ltd., JCB, Komatsu Ltd., Liebherr-International AG, Narrow Isle inc., Sandvik AB, SANY Group, and Toyota Motor Corporation.

Key Benefits For Stakeholders

This study presents analytical depiction of the global off-highway electric vehicle market analysis along with current trends and future estimations to depict imminent investment pockets.

The overall off-highway electric vehicle market opportunity is determined by understanding profitable trends to gain a stronger foothold.

The report presents information related to the key drivers, restraints, and opportunities of the global off-highway electric vehicle market with a detailed impact analysis.

The current off-highway electric vehicle market is quantitatively analyzed from 2022 to 2031 to benchmark the financial competency.

Porter's five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Vehicle Type

By Energy Storage Capacity

Less than 50 kWh
50-200 kWh
and200 kWh

By Battery Type

Lithium-Ion (Li-Ion)
Lead-Acid

By Application

Mining
Others
Construction
Agriculture

By Region

North America
- U.S.
- Canada
- Mexico
Europe
- UK
- Germany
- France
- Netherlands
- Italy
- Rest Of Europe
Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest Of Asia-Pacific
LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- DEERE & COMPANY
- Epiroc
- Hitachi Construction Machinery
- Hyundai Doosan Infracore Co. Ltd.
- JCB
- Komatsu Ltd.
- AB Volvo
- Anhui Heli Co., Ltd.
- Cargotec corporation
- Caterpillar
- Clark
- CNH Industrial
- LIEBHERR-International Deutschland GmbH
- Narrow Isle inc.
- Sandvik
- SANY Group
- Toyota Motor Corporation

Product Code: A08770

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings of the study
2.2.CXO Perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings
- 3.2.1.Top investment pockets
3.3.Porter's five forces analysis
3.4.Top player positioning
3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market

CHAPTER 4: OFF-HIGHWAY ELECTRIC VEHICLE MARKET, BY VEHICLE TYPE

4.1 Overview
- 4.1.1 Market size and forecast
4.2 HEV
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
4.3 BEV
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country

CHAPTER 5: OFF-HIGHWAY ELECTRIC VEHICLE MARKET, BY ENERGY STORAGE CAPACITY

5.1 Overview
- 5.1.1 Market size and forecast
5.2 <50 kWh
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
5.3 50-200 kWh
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
5.4 >200 kWh
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country

CHAPTER 6: OFF-HIGHWAY ELECTRIC VEHICLE MARKET, BY BATTERY TYPE

6.1 Overview
- 6.1.1 Market size and forecast
6.2 Lithium-Ion (Li-Ion)
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
6.3 Lead-Acid
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country

CHAPTER 7: OFF-HIGHWAY ELECTRIC VEHICLE MARKET, BY APPLICATION

7.1 Overview
- 7.1.1 Market size and forecast
7.2 Construction
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
7.3 Agriculture
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
7.4 Mining
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
7.5 Others
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market analysis by country

CHAPTER 8: OFF-HIGHWAY ELECTRIC VEHICLE MARKET, BY REGION

8.1 Overview
- 8.1.1 Market size and forecast
8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Vehicle Type
- 8.2.3 North America Market size and forecast, by Energy Storage Capacity
- 8.2.4 North America Market size and forecast, by Battery Type
- 8.2.5 North America Market size and forecast, by Application
- 8.2.6 North America Market size and forecast, by country
  - 8.2.6.1 U.S.
  - 8.2.6.1.1 Market size and forecast, by Vehicle Type
  - 8.2.6.1.2 Market size and forecast, by Energy Storage Capacity
  - 8.2.6.1.3 Market size and forecast, by Battery Type
  - 8.2.6.1.4 Market size and forecast, by Application
  - 8.2.6.2 Canada
  - 8.2.6.2.1 Market size and forecast, by Vehicle Type
  - 8.2.6.2.2 Market size and forecast, by Energy Storage Capacity
  - 8.2.6.2.3 Market size and forecast, by Battery Type
  - 8.2.6.2.4 Market size and forecast, by Application
  - 8.2.6.3 Mexico
  - 8.2.6.3.1 Market size and forecast, by Vehicle Type
  - 8.2.6.3.2 Market size and forecast, by Energy Storage Capacity
  - 8.2.6.3.3 Market size and forecast, by Battery Type
  - 8.2.6.3.4 Market size and forecast, by Application
8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Vehicle Type
- 8.3.3 Europe Market size and forecast, by Energy Storage Capacity
- 8.3.4 Europe Market size and forecast, by Battery Type
- 8.3.5 Europe Market size and forecast, by Application
- 8.3.6 Europe Market size and forecast, by country
  - 8.3.6.1 UK
  - 8.3.6.1.1 Market size and forecast, by Vehicle Type
  - 8.3.6.1.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.1.3 Market size and forecast, by Battery Type
  - 8.3.6.1.4 Market size and forecast, by Application
  - 8.3.6.2 Germany
  - 8.3.6.2.1 Market size and forecast, by Vehicle Type
  - 8.3.6.2.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.2.3 Market size and forecast, by Battery Type
  - 8.3.6.2.4 Market size and forecast, by Application
  - 8.3.6.3 France
  - 8.3.6.3.1 Market size and forecast, by Vehicle Type
  - 8.3.6.3.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.3.3 Market size and forecast, by Battery Type
  - 8.3.6.3.4 Market size and forecast, by Application
  - 8.3.6.4 Netherlands
  - 8.3.6.4.1 Market size and forecast, by Vehicle Type
  - 8.3.6.4.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.4.3 Market size and forecast, by Battery Type
  - 8.3.6.4.4 Market size and forecast, by Application
  - 8.3.6.5 Italy
  - 8.3.6.5.1 Market size and forecast, by Vehicle Type
  - 8.3.6.5.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.5.3 Market size and forecast, by Battery Type
  - 8.3.6.5.4 Market size and forecast, by Application
  - 8.3.6.6 Rest of Europe
  - 8.3.6.6.1 Market size and forecast, by Vehicle Type
  - 8.3.6.6.2 Market size and forecast, by Energy Storage Capacity
  - 8.3.6.6.3 Market size and forecast, by Battery Type
  - 8.3.6.6.4 Market size and forecast, by Application
8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Vehicle Type
- 8.4.3 Asia-Pacific Market size and forecast, by Energy Storage Capacity
- 8.4.4 Asia-Pacific Market size and forecast, by Battery Type
- 8.4.5 Asia-Pacific Market size and forecast, by Application
- 8.4.6 Asia-Pacific Market size and forecast, by country
  - 8.4.6.1 China
  - 8.4.6.1.1 Market size and forecast, by Vehicle Type
  - 8.4.6.1.2 Market size and forecast, by Energy Storage Capacity
  - 8.4.6.1.3 Market size and forecast, by Battery Type
  - 8.4.6.1.4 Market size and forecast, by Application
  - 8.4.6.2 Japan
  - 8.4.6.2.1 Market size and forecast, by Vehicle Type
  - 8.4.6.2.2 Market size and forecast, by Energy Storage Capacity
  - 8.4.6.2.3 Market size and forecast, by Battery Type
  - 8.4.6.2.4 Market size and forecast, by Application
  - 8.4.6.3 India
  - 8.4.6.3.1 Market size and forecast, by Vehicle Type
  - 8.4.6.3.2 Market size and forecast, by Energy Storage Capacity
  - 8.4.6.3.3 Market size and forecast, by Battery Type
  - 8.4.6.3.4 Market size and forecast, by Application
  - 8.4.6.4 South Korea
  - 8.4.6.4.1 Market size and forecast, by Vehicle Type
  - 8.4.6.4.2 Market size and forecast, by Energy Storage Capacity
  - 8.4.6.4.3 Market size and forecast, by Battery Type
  - 8.4.6.4.4 Market size and forecast, by Application
  - 8.4.6.5 Rest of Asia-Pacific
  - 8.4.6.5.1 Market size and forecast, by Vehicle Type
  - 8.4.6.5.2 Market size and forecast, by Energy Storage Capacity
  - 8.4.6.5.3 Market size and forecast, by Battery Type
  - 8.4.6.5.4 Market size and forecast, by Application
8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Vehicle Type
- 8.5.3 LAMEA Market size and forecast, by Energy Storage Capacity
- 8.5.4 LAMEA Market size and forecast, by Battery Type
- 8.5.5 LAMEA Market size and forecast, by Application
- 8.5.6 LAMEA Market size and forecast, by country
  - 8.5.6.1 Latin America
  - 8.5.6.1.1 Market size and forecast, by Vehicle Type
  - 8.5.6.1.2 Market size and forecast, by Energy Storage Capacity
  - 8.5.6.1.3 Market size and forecast, by Battery Type
  - 8.5.6.1.4 Market size and forecast, by Application
  - 8.5.6.2 Middle East
  - 8.5.6.2.1 Market size and forecast, by Vehicle Type
  - 8.5.6.2.2 Market size and forecast, by Energy Storage Capacity
  - 8.5.6.2.3 Market size and forecast, by Battery Type
  - 8.5.6.2.4 Market size and forecast, by Application
  - 8.5.6.3 Africa
  - 8.5.6.3.1 Market size and forecast, by Vehicle Type
  - 8.5.6.3.2 Market size and forecast, by Energy Storage Capacity
  - 8.5.6.3.3 Market size and forecast, by Battery Type
  - 8.5.6.3.4 Market size and forecast, by Application

CHAPTER 9: COMPANY LANDSCAPE

9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES

10.1 DEERE & COMPANY
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
10.2 Epiroc
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
10.3 Hitachi Construction Machinery
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
10.4 Hyundai Doosan Infracore Co. Ltd.
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
10.5 JCB
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
10.6 Komatsu Ltd.
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
10.7 AB Volvo
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
10.8 Anhui Heli Co., Ltd.
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
10.9 Cargotec corporation
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
10.10 Caterpillar
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
10.11 Clark
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments
10.12 CNH Industrial
- 10.12.1 Company overview
- 10.12.2 Company snapshot
- 10.12.3 Operating business segments
- 10.12.4 Product portfolio
- 10.12.5 Business performance
- 10.12.6 Key strategic moves and developments
10.13 LIEBHERR-International Deutschland GmbH
- 10.13.1 Company overview
- 10.13.2 Company snapshot
- 10.13.3 Operating business segments
- 10.13.4 Product portfolio
- 10.13.5 Business performance
- 10.13.6 Key strategic moves and developments
10.14 Narrow Isle inc.
- 10.14.1 Company overview
- 10.14.2 Company snapshot
- 10.14.3 Operating business segments
- 10.14.4 Product portfolio
- 10.14.5 Business performance
- 10.14.6 Key strategic moves and developments
10.15 Sandvik
- 10.15.1 Company overview
- 10.15.2 Company snapshot
- 10.15.3 Operating business segments
- 10.15.4 Product portfolio
- 10.15.5 Business performance
- 10.15.6 Key strategic moves and developments
10.16 SANY Group
- 10.16.1 Company overview
- 10.16.2 Company snapshot
- 10.16.3 Operating business segments
- 10.16.4 Product portfolio
- 10.16.5 Business performance
- 10.16.6 Key strategic moves and developments
10.17 Toyota Motor Corporation
- 10.17.1 Company overview
- 10.17.2 Company snapshot
- 10.17.3 Operating business segments
- 10.17.4 Product portfolio
- 10.17.5 Business performance
- 10.17.6 Key strategic moves and developments