Electric Off-highway Equipment Growth Opportunities

PUBLISHED: April 12, 2023

PAGES: 97 Pages

DELIVERY TIME: 1-2 business days

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Description

Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential

Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, are growing and driving collaborations between OEMs, suppliers, utility companies, and technology. The study intends to benchmark the total market penetration of the off-highway electric equipment. OEMs and technology suppliers are increasingly adapting their powertrain portfolio to suit hybrid/ fully electric equipment or even those specifically designed for net zero. Tightening emission regulations and the need to reduce fuel-related costs have led major OEMs and suppliers to develop a range of technologies that will ultimately enable fuel cost optimization, improve operability, and maximize availability.

This analytics covers key sustainability initiatives, emission regulations, technology trends, market drivers and restraints, competitive factors, regional market shares, and product launches. Hybrid and electric powertrains in off-highway equipment are becoming popular because of the significant cost savings that they warrant. Every fleet in the off-highway equipment industry will receive these powertrains well because of the "reduced to null" diesel fuel consumption, better overall energy efficiency, and reduced machine downtimes. This research provides a detailed forecast of market adoption for each type of off-highway equipment type.

Product Code: K816-42

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Off-highway Equipment Industry
Growth Opportunities Fuel the Growth Pipeline Engine™

Global Sustainability Initiatives

Greenhouse Gas Protocol (GHGP) Overview
US Government Initiatives-DERA Grants Awarded, 2021
European Green Deal
Municipal and National Initiatives
Global GDP Growth Expectations
Recessionary/Slowdown Expectations for Major Economies
Global GDP Growth Snapshot
Advanced Economy Predictions for 2023
Emerging Market Economy Predictions for 2023
Chinese Government Initiatives for Electric Off-highway Equipment
The Euro Area-GDP Growth Outlook
Major Projects in Focus to Boost the Indian Economy

Technology Trends

Electric Off-Highway Equipment-Powertrain Schematics
Electric Drivetrain Topologies
Electrification-Technology Roadmap
Battery Chemistry
Lithium Battery Technology Roadmap for Current and Evolving Chemistries, 2016-2030

Industry Landscape, Dynamics, and Ecosystem

Off-Highway Powertrain Overview by Segment
Electric Product Launches, North America
Electric Product Launches, Europe
Electric Product Launches, China
Electric Product Launches, India, 2022 & 2023
Electric Tractor Development Trends-India

Total Cost of Ownership Analysis

Total Cost of Ownership Methodology and Assumptions
Total Cost of Ownership (TCO) Comparison-Diesel vs. Electric Excavator
TCO Comparison-Loader and Dump Truck
Acquisition Cost Evolution-Diesel vs. Battery electric

Growth Opportunity Analysis

Key Findings
Unit Sales Forecast
Unit Sales by Equipment Type
Key Competitors*
Scope of Analysis
Segmentation
Growth Drivers
Growth Restraints
Growth Metrics
Forecast Assumptions and Methodology
Global Unit Sales and EIO Forecast
Global Unit Sales Forecast by Equipment Type
Global EIO Forecast by Type
Global Unit Sales and EIO Forecast by Powertrain
Unit Sales Forecast by Region
EIO Forecast by Region
Forecast Discussion

Competitive Environment

Electric Powertrain Mapping
Electric Equipment-Competitive Positioning

Growth Opportunity Universe

Growth Opportunity 1-Equipment Standardization
Growth Opportunity 2-Alternative Electricity Generation Methods and Grid Management
Growth Opportunity 3-New Business Models for Equipment-as-a-Service