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Off-highway Electric Vehicle Market, Global Outlook and Forecast 2023-2030

Off-highway Electric Vehicle Market, Global Outlook and Forecast 2023-2030

  • Published on : 01 September 2023
  • Pages :72
  • Report Code:SMR-7795129

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Report overview

The global Off-highway Electric Vehicle market was valued at US$ 4016 million in 2022 and is projected to reach US$ 9856.4 million by 2029, at a CAGR of 13.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Off-highway Electric Vehicle market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Off-highway Electric Vehicle market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Off-highway Electric Vehicle market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

Electric vehicles used in agriculture, industry and other fields
This report aims to provide a comprehensive presentation of the global market for Off-highway Electric Vehicle, 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 Off-highway Electric Vehicle. This report contains market size and forecasts of Off-highway Electric Vehicle in global, including the following market information:
Global Off-highway Electric Vehicle Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Off-highway Electric Vehicle Market Sales, 2018-2023, 2024-2030, (K Units)

Global top five Off-highway Electric Vehicle companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Battery Electric Vehicle Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Off-highway Electric Vehicle include Hitachi Construction Machinery, Caterpillar, Komatsu, JCB, Volvo Construction Equipment, Deere & Company, CNH Industrial, Sandvik and Liebherr, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Off-highway Electric Vehicle 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 Off-highway Electric Vehicle Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Off-highway Electric Vehicle Market Segment Percentages, by Type, 2022 (%)
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
Global Off-highway Electric Vehicle Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Off-highway Electric Vehicle Market Segment Percentages, by Application, 2022 (%)
  • Construction
  • Mining
  • Agriculture
Global Off-highway Electric Vehicle Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Off-highway Electric Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Off-highway Electric Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Off-highway Electric Vehicle revenues share in global market, 2022 (%)
  • Key companies Off-highway Electric Vehicle sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Off-highway Electric Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Hitachi Construction Machinery
  • Caterpillar
  • Komatsu
  • JCB
  • Volvo Construction Equipment
  • Deere & Company
  • CNH Industrial
  • Sandvik
  • Liebherr
  • Epiroc
Outline of Major Chapters:

Chapter 1: Introduces the definition of Off-highway Electric Vehicle, market overview.
Chapter 2: Global Off-highway Electric Vehicle market size in revenue and volume.
Chapter 3: Detailed analysis of Off-highway Electric Vehicle 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 Off-highway Electric Vehicle 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 Off-highway Electric Vehicle 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.