This report aims to provide a comprehensive presentation of the global market for Construction Machinery Electrification, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Construction Machinery Electrification. This report contains market size and forecasts of Construction Machinery Electrification in global, including the following market information:
- Global Construction Machinery Electrification Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Construction Machinery Electrification Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Construction Machinery Electrification companies in 2022 (%)
The global Construction Machinery Electrification market was valued at US$ 554.6 million in 2022 and is projected to reach US$ 910 million by 2029, at a CAGR of 7.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of construction machinery electrification include SANY Group, Caterpillar, Komatsu, XCMG, Guangxi Liugong, etc. The top five players hold a share over 44%. China is the largest producer of construction machinery electrification, holds a share over 55 percent. In terms of product type, Electric Loader is the largest segment, occupied for a share of 47%, and in terms of application, Road Construction has a share about 42 percent.
We surveyed the Construction Machinery Electrification manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Construction Machinery Electrification Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Construction Machinery Electrification Market Segment Percentages, by Type, 2022 (%)
- Excavation Machinery
- Loading Machinery
- Concrete Machinery
- Others
Global Construction Machinery Electrification Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Construction Machinery Electrification Market Segment Percentages, by Application, 2022 (%)
- Public Construction
- Roadworks
- Other
Global Construction Machinery Electrification Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Construction Machinery Electrification Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Construction Machinery Electrification revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Construction Machinery Electrification revenues share in global market, 2022 (%)
- Key companies Construction Machinery Electrification sales in global market, 2018-2023 (Estimated), (Units)
- Key companies Construction Machinery Electrification sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Caterpillar
- Komatsu
- Deere
- Volvo Construction Equipment
- Sany Group
- Hitachi Construction Machinery
- Doosan
- Liebherr Group
- Xugong Group
- Zoomlion
- JCB
- Kobelco
- CNH Global
- Hyundai Construction Equipment Company
- Kubota
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Construction Machinery Electrification, market overview.
- Chapter 2: Global Construction Machinery Electrification market size in revenue and volume.
- Chapter 3: Detailed analysis of Construction Machinery Electrification manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size 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 market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Construction Machinery Electrification in regional level and country 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 of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Construction Machinery Electrification capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.
