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非公路电动车市场 - 全球及区域分析：按应用、推进类型、车辆类型和国家 - 分析与预测（2024 年至 2034 年）
市场调查报告书
商品编码
1697456

非公路电动车市场 - 全球及区域分析：按应用、推进类型、车辆类型和国家 - 分析与预测（2024 年至 2034 年）

Off-Highway Electric Vehicle Market - A Global and Regional Analysis: Focus on Application, Propulsion Type, Vehicle Type, and Country-Level Analysis - Analysis and Forecast, 2024-2034
出版日期: | 出版商: BIS Research | 英文 165 Pages | 商品交期: 1-5个工作天内

价格

非公路电动车市场规模预计将从 2024 年的 54.855 亿美元成长到 2034 年的 564.837 亿美元，在 2024-2034 年预测期内的复合年增长率高达 26.26%。

这一增长主要是由于企业希望减少排放气体和营业成本，导致建筑、农业和采矿业越来越多地采用电动车。电池效率、充电基础设施和车辆性能的提高等技术进步正在刺激市场扩张。此外，环境法规的加强以及政府和企业对永续性的日益关注正在加速向电动非公路用车的转变。随着各行各业继续优先考虑清洁能源解决方案，非公路电动车市场预计将在推动向永续和环保工业实践转变方面发挥关键作用。

主要市场统计数据
预测期 2024-2034
2024年评估 54.8亿美元
2034年的预测 564.8亿美元
复合年增长率 26.26%

随着建筑、农业和采矿业越来越多地采用挖土机、装载机、拖拉机和采矿卡车等电动机械，非公路电动车 (OHEV) 市场正在获得发展动力。传统上，这些车辆由柴油引擎动力来源，导致高排放气体、噪音污染和高维护成本。向电气化的转变透过减少温室气体排放、提高能源效率和改善工作场所安全解决了这些问题。电池技术的进步和强有力的监管支持正在加速 OHEV 的采用，使其成为永续产业实践的关键组成部分。这些车辆透过降低营运和维护成本实现了长期成本节约，同时也带来了显着的环境效益。随着各行各业都优先考虑永续性，非公路电动车市场将迎来显着成长，支持全球转型为更清洁、更有效率的工业营运。

非公路电动车 (OHEV) 是一种专为建筑、农业和采矿等工业应用而设计的非道路机械。这些车辆包括挖土机、装载机、拖拉机和自卸卡车，传统上都由柴油引擎提供动力。然而，OHEV 采用电力传动系统，透过减少排放气体、降低燃料消耗和最大限度地减少噪音污染提供了更永续的替代方案。非公路用车向电气化的转变受到电池技术的进步、能源效率的提高和环境法规的严格推动。 OHEV不仅提高了工业机械的运作安全性和性能，而且还有助于减少严重依赖大型机械的行业的二氧化碳排放。随着对更环保的工业解决方案的需求不断增长，非公路电动车正在成为各行业永续发展策略不可或缺的一部分。

非公路电动车 (OHEV) 市场正在透过改变传统运作方式对建筑、农业和采矿等行业产生重大影响。采用 OHEV 可以减少对石化燃料的依赖，从而减少温室气体排放，并有助于实现更清洁、更永续的工业运作。它还透过减少燃料消费量和减少维护需求来降低营运成本，为您的公司带来长期的财务利益。此外，电动车安静且有效率的性能可降低噪音水平并提高操作员的舒适度，从而提高职场的安全性。随着排放气体监管压力的增加，OHEV 为寻求遵守环境标准同时提高生产力的公司提供了可行的解决方案。市场成长正在刺激电池技术和充电基础设施的创新，进一步加强向更清洁、更有效率的工业实践的转变。 OHEV 的日益整合将重塑重型机械和工业移动领域的格局。

由于采用永续和节能实践的趋势日益增长，建筑业可能会引领全球非公路电动车 (OHEV) 市场。随着围绕建筑计划的环境法规日益严格，对电子机械的需求正在迅速增长。随着都市区减少排放气体和满足更严格的环境标准的压力越来越大，电动工程车辆正在成为传统柴油引擎设备的可行替代品。此外，降低燃料消费量和维护等营运成本的动力正在加速向电动解决方案的转变。挖土机、装载机和自动卸货卡车等电动非公路用车辆越来越多地部署在城市基础设施计划和大型建筑工地中，因为在这些项目中，最大限度地减少噪音和空气污染至关重要。由于 OHEV 能够提高生产力、减少停机时间并提高营运效率，建设产业将在 OHEV 的采用和应用方面处于领先地位，推动永续建筑实践的未来。

混合动力电动车 (HEV) 预计将在全球非公路电动车 (OHEV) 市场中占据主导地位，因为它们结合了电动和内燃机 (ICE) 技术的优势。混合动力电动车在燃油效率和减少排放气体之间实现了理想的平衡，使其非常适合建筑、农业和采矿等非公路应用，这些应用通常需要高功率和长时间运作。透过同时使用电动引擎和柴油或汽油发动机，混合动力汽车可以长时间行驶，而不受电池续航里程的限制，而电池续航里程是全电动车常见的限制。此外，混合动力汽车能够平稳过渡到完全电气化，使其成为重型作业要求高的行业的首选。由于燃油效率提高、排放气体降低以及能够在偏远和恶劣环境中运行，混合动力汽车有望推动全球非公路用车市场的显着成长。

挖土机引领非公路用电动车 (OHEV) 市场，尤其是在建设产业，因为它们代表了该行业电气化的早期阶段。其紧凑的尺寸和低功率需求使其非常适合电气化。小型挖土机因其机动性和灵活性而受到重视，已在工地上广泛使用，并越来越多地采用电动技术。由于它们经常用于具有严格排放气体和噪音法规的越野应用中，因此进一步推动了它们的采用。尤其是沃尔沃集团、JCB等公司推出了电动小型挖土机，其中沃尔沃的ECR25、JCB的19C-1E等机型颇受欢迎。此外，住宅和城市建设对更安静、更清洁的机械的需求不断增长，也推动了这一转变。充电基础设施创新，例如Volvo与 Beam Global 合作提供离网解决方案，正在解决充电难题并促进世界各地工地更广泛地采用电动挖土机。

受多种关键因素的推动，北美在全球非公路电动车 (OHEV) 市场中处于领先地位。该地区拥有强大的工业基础，主要製造商的总部设在北美，例如卡特彼勒、迪尔公司和凯斯纽荷兰工业公司，推动技术创新并提高生产能力。此外，严格的环境法规（尤其是美国）以及政府推动大型机械零排放标准正在加速电动解决方案的采用。对永续替代品的需求不断增加以及建筑业和农业部门的扩张进一步推动了这一转变。此外，私人投资和政府政策在加速非公路用车电气化方面都发挥关键作用。随着技术的不断进步和良好的法规环境，北美在全球 OHEV 市场中占据领先地位。

本报告研究了全球非公路电动车市场，并概述了市场以及应用、推进类型、车辆类型、国家和公司概况的趋势。

目录

执行摘要

第一章 市场

  • 趋势：现况与未来影响评估
  • 供应链概览
  • 研发评审
  • 相关利益者分析
  • 市场动态概览
  • 柴油和电动非公路车辆的全面分析
  • 2023-2030年非公路用车市场电气化未来趋势
  • 公路和非公路电气化之间的新相似之处

第二章 应用

  • 应用程式细分
  • 使用摘要
  • 非公路电动车市场（按应用）
    • 建造
    • 矿业
    • 农业
    • 其他的
  • 非公路电动车市场（依推进型）
    • 纯电动车（BEV）
    • 混合动力电动车（HEV）
  • 电动雪车市场（按应用）
    • 滑雪和滑雪板公园
    • 越野滑雪课程
    • 其他（高山滑雪绳索和雪上摩托车摩托车道）

第三章 产品

  • 产品细分
  • 产品摘要
  • 非公路用电动车市场（按车型）
    • 挖土机
    • 追踪
    • 装载机
    • 其他（拖拉机、压雪机等）
  • 电动雪车市场（按产量）
    • 小于200kW
    • 超过200kW

第四章 区域

  • 区域摘要
  • 北美洲
  • 欧洲
  • 亚太地区
  • 其他地区

第五章 市场竞争基准化分析与公司概况

  • 未来展望
  • 地理评估
    • AB Volvo
    • PristenBully (Kassbohrer Gelandefahrzeug AG)
    • Hitachi Construction Machinery Co., Ltd.
    • Caterpillar
    • CNH Industrial NV
    • Epiroc AB
    • Deere & Company
    • JC Bamford Excavators Ltd.
    • Sany Group
    • Sandvik AB
    • Komatsu Ltd.
    • Liebherr Group
    • Prinoth AG (HTI Group)
    • CM DUPON - ICECAT
    • xelom

第六章调查方法

Product Code: AME2604SA

Off-Highway Electric Vehicle Market Overview

The off-highway electric vehicle market is projected to grow from $5,485.5 million in 2024 to $56,483.7 million by 2034, showing a robust CAGR of 26.26% during the forecast period 2024-2034. This growth is primarily driven by the increasing adoption of electric vehicles across construction, agriculture, and mining industries as businesses seek to reduce emissions and operating costs. Technological advancements, including improvements in battery efficiency, charging infrastructure, and vehicle performance, have been fueling market expansion. Additionally, stricter environmental regulations and a growing emphasis on sustainability by governments and corporations are accelerating the transition to electric-powered off-highway vehicles. As industries continue to prioritize clean energy solutions, the off-highway EV market is expected to play a pivotal role in driving the shift toward sustainable and eco-friendly industrial practices.

Introduction to the Off-Highway Electric Vehicle Market

KEY MARKET STATISTICS
Forecast Period2024 - 2034
2024 Evaluation$5.48 Billion
2034 Forecast$56.48 Billion
CAGR26.26%

The off-highway electric vehicle (OHEV) market has been gaining momentum as construction, agriculture, and mining industries increasingly adopt electric-powered machinery, including excavators, loaders, tractors, and mining trucks. Traditionally powered by diesel engines, these vehicles have contributed to high emissions, noise pollution, and substantial maintenance expenses. The shift toward electrification addresses these concerns by reducing greenhouse gas emissions, enhancing energy efficiency, and improving safety on worksites. Advances in battery technology and strong regulatory support are accelerating the adoption of OHEVs, positioning them as a key component of sustainable industrial practices. These vehicles offer long-term cost savings through lower operational and maintenance costs while delivering significant environmental benefits. As industries prioritize sustainability, the off-highway electric vehicle market is set to witness substantial growth, supporting the global transition to cleaner, more efficient industrial operations.

Off-Highway Electric Vehicle Market Introduction

Off-highway electric vehicles (OHEVs) are non-road machinery designed for industrial applications such as construction, agriculture, and mining. These vehicles, including excavators, loaders, tractors, and haul trucks, have traditionally operated with diesel engines. OHEVs, however, utilize electric drivetrains, offering a more sustainable alternative by reducing emissions, lowering fuel consumption, and minimizing noise pollution. The shift to electric power in off-highway vehicles is driven by advancements in battery technologies, increased energy efficiency, and growing environmental regulations. OHEVs not only enhance the operational safety and performance of industrial machinery but also contribute to reducing the carbon footprint of industries that rely heavily on heavy-duty equipment. With the rising demand for greener industrial solutions, off-highway electric vehicles are becoming crucial to sustainable development strategies across various sectors.

Industrial Impact of Off-Highway Electric Vehicle

The off-highway electric vehicle (OHEV) market is significantly impacting industries such as construction, agriculture, and mining by transforming traditional operational practices. The adoption of OHEVs reduces dependence on fossil fuels, leading to a decrease in greenhouse gas emissions and contributing to cleaner, more sustainable industrial operations. These vehicles also lower operational costs through reduced fuel consumption and minimized maintenance requirements, offering long-term financial benefits for businesses. Furthermore, the quiet and efficient performance of electric vehicles enhances workplace safety by reducing noise levels and improving operator comfort. As regulatory pressures on emissions intensify, OHEVs provide a viable solution for companies seeking to comply with environmental standards while improving productivity. The market's growth is fostering innovation in battery technology and charging infrastructure, further strengthening the shift toward cleaner, more efficient industrial practices. The increasing integration of OHEVs is poised to reshape the landscape of heavy-duty machinery and industrial mobility.

Off-Highway Electric Vehicle Market Segmentation

Segmentation 1: by Application

  • Construction
  • Mining
  • Agriculture
  • Others

Construction to Lead the Market (by Application)

The construction sector is set to spearhead the global off-highway electric vehicle (OHEV) market, driven by its growing adoption of sustainable and energy-efficient practices. As environmental regulations surrounding construction projects become more stringent, the demand for electric machinery is rapidly increasing. With a strong focus on emission reductions in urban areas and stricter environmental standards, electric construction vehicles present a practical alternative to traditional diesel-powered equipment. Furthermore, the push to lower operational costs, including fuel consumption and maintenance, is accelerating the transition to electric solutions. Electric off-highway vehicles such as excavators, loaders, and dump trucks are being increasingly deployed in urban infrastructure projects and large-scale construction sites, where minimizing noise and air pollution is essential. With their ability to enhance productivity, reduce downtime, and improve operational efficiency, the construction industry is poised to lead the way in adopting and implementing OHEVs, driving the future of sustainable construction practices.

Segmentation 2: by Propulsion Type

  • Battery Electric Vehicles (BEVs)
  • Hybrid Electric Vehicles (HEVs)

Hybrid Electric Vehicles to Lead the Market (by Propulsion Type)

Hybrid electric vehicles (HEVs) are set to dominate the global off-highway electric vehicle (OHEV) market by propulsion type due to their ability to combine the benefits of both electric and internal combustion engine (ICE) technologies. HEVs offer an ideal balance between fuel efficiency and reduced emissions, making them well-suited for off-highway sectors such as construction, agriculture, and mining, where high power and long operational hours are often required. By utilizing both electric and diesel or gasoline engines, HEVs can operate for extended periods without battery range limitations, a common constraint for fully electric vehicles. Furthermore, they provide a smoother transition toward full electrification, positioning them as the preferred choice for industries with demanding, heavy-duty operations. With enhanced fuel efficiency, lower emissions, and the ability to function in remote or challenging environments, HEVs are set to drive significant growth in the off-highway vehicle market globally.

Segmentation 3: by Vehicle Type

  • Excavators
  • Trucks
  • Loaders
  • Others (Tractors, Snow Grooming, etc.)

Excavators to Lead the Market (by Vehicle Type)

Excavators are leading the off-highway electric vehicle (OHEV) market, particularly within the construction industry, as they represent the initial phase of electrification in this field. Their compact size and lower power demands make them well-suited for electric conversion. Mini excavators, valued for their maneuverability and flexibility, are already commonly used on job sites and are increasingly adopting electric technology. Their frequent deployment in off-road applications, where strict emissions and noise regulations are in place, further accelerates their adoption. Notably, companies such as AB Volvo and JCB have introduced electric mini excavators, with models such as Volvo's ECR25 and JCB's 19C-1E gaining traction. Additionally, the rising demand for quieter, cleaner machinery in residential and urban construction has been fueling this shift. Innovations in charging infrastructure, such as Volvo's collaboration with Beam Global for off-grid solutions, are addressing charging challenges and facilitating the wider adoption of electric excavators on job sites globally.

Segmentation 4: by Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest-of-the-World

North America Region to Lead the Market (by Region)

North America is at the forefront of the global off-highway electric vehicle (OHEV) market, driven by several key factors. The region benefits from a strong industrial base, with major manufacturers such as Caterpillar, Deere & Company, and CNH Industrial N.V. headquartered in North America, fostering innovation and boosting production capabilities. Additionally, stringent environmental regulations, particularly in the U.S., are accelerating the adoption of electric solutions as the government pushes for zero-emission standards in heavy-duty machinery. The growing demand for sustainable alternatives and the expansion of the construction and agriculture sectors further support this transition. Furthermore, both private investments and government policies are playing a significant role in promoting the electrification of off-highway vehicles. With ongoing advancements in technology and a favorable regulatory environment, North America is well-positioned to maintain its leadership in the global OHEV market.

Recent developments in the off-highway electric vehicle market:

  • In August 2024, Fortescue Metals partnered with Liebherr Mining to develop and validate a fully integrated autonomous haulage solution (AHS) at the Christmas Creek mine. This system, which includes a fleet management system, an onboard autonomy kit for the Liebherr T 264 truck, and a high-precision machine guidance system, will coordinate diverse autonomous vehicles. The initiative aims to support Fortescue Metal's goal of zero Scope 1 and 2 emissions by 2030 and will eventually be available globally as part of Liebherr Group's expanding technology portfolio.
  • In July 2024, Eleo, a Yanmar company, launched a new range of modular battery packs for off-highway applications. These packs are designed for low-volume, high-diversity vehicles and offer a scalable voltage range (50V to 720V) and up to 90 kW of continuous power, with flexible integration, easy serviceability, and industry-standard protocols.
  • In January 2024, Caterpillar partnered with CRH to introduce electric off-highway trucks, contributing to the decarbonization of the construction sector. In December 2022, Nidec announced a $715 million investment to establish an electric motor manufacturing plant in Mexico, strengthening the region's supply chain for electrified vehicles. In early 2022, John Deere expanded its battery production capacity by over 2 GWh through Kreisel Electric, reinforcing the push for electrified off-highway equipment.

Demand - Drivers, Limitations, and Opportunities

Off-Highway Electric Vehicle Market Drivers

The off-highway electric vehicle (OHEV) market is primarily driven by the need for emission and noise reduction, compliance with stringent environmental regulations, and the push for sustainable solutions. The electrification of off-highway equipment significantly lowers greenhouse gas emissions, with battery electric vehicles (BEVs) emitting only 1.36 tons of CO2 equivalent compared to 6.29 tons from gasoline-powered vehicles, offering substantial environmental benefits. This shift is further supported by growing regulatory pressure, such as the U.S. Environmental Protection Agency's initiatives and the European Union's carbon dioxide reduction targets. Additionally, electric off-highway vehicles operate with reduced noise levels, addressing noise pollution concerns in residential and urban construction zones. Governments and industries are increasingly focusing on zero-emission vehicles, incentivizing manufacturers to adopt electrification to meet evolving emission standards and avoid penalties. With these drivers in place, OHEVs are central to sustainable industrial practices.

Off-Highway Electric Vehicle Market Restraints

The off-highway electric vehicle (OHEV) market faces significant restraints, primarily related to energy storage and high initial costs. Current battery technologies often fail to meet the substantial energy demands of off-highway vehicles, leading to limited range and frequent recharging, which impacts productivity. While alternative battery technologies, such as sodium-ion, show potential, they still face challenges such as lower energy density and shorter lifespan. Furthermore, the high upfront costs associated with electric vehicles, particularly expensive batteries and specialized components, present a barrier for many companies, hindering widespread adoption. The economic uncertainty surrounding returns on investment further complicates the transition from traditional diesel machinery. Despite the long-term operational savings, these financial and technical obstacles continue to slow the shift toward electrification in off-highway industries. Overcoming these challenges will require continued innovation, infrastructure development, and strategic economic planning to enable broader adoption.

Off-Highway Electric Vehicle Market Opportunities

The off-highway electric vehicle (OHEV) market presents significant opportunities driven by innovations in mobile charging solutions and renewable energy integration. Mobile charging units, such as the Charge Qube and ZAPI GROUP's SG9, address the challenges of limited fixed charging infrastructure in remote and dynamic environments, enabling on-site charging and reducing downtime. These solutions enhance operational efficiency and broaden the viability of electric vehicles across various industries. Integrating renewable energy sources, such as solar and wind power, with OHEV systems offers a sustainable approach, particularly in off-grid locations. This integration reduces reliance on fossil fuels, lowers operational costs, and supports environmental goals. Furthermore, vehicle-to-grid (V2G) systems offer the potential for energy exchange, enhancing grid stability and providing additional revenue opportunities. With increasing investments in renewable energy infrastructure globally, these opportunities position the OHEV market for significant growth, driving both operational efficiency and sustainability in off-highway sectors.

How can this report add value to an organization?

Product/Innovation Strategy: This report provides a comprehensive product and innovation strategy for the off-highway electric vehicle market, highlighting opportunities for market entry, technological advancements, and sustainable practices. It offers actionable insights that enable organizations to meet carbon reduction goals and capitalize on the increasing demand for off-highway electric vehicles across various sectors.

Growth/Marketing Strategy: This report outlines a robust growth and marketing strategy specifically tailored for the off-highway electric vehicle market. It emphasizes a targeted approach to identifying niche market segments, establishing competitive advantages, and implementing innovative marketing initiatives to optimize market share and financial performance. By leveraging these strategic recommendations, organizations can strengthen their market presence, exploit emerging opportunities, and drive revenue growth effectively.

Competitive Strategy: This report formulates a strong competitive strategy designed for the off-highway electric vehicle market. It assesses key market players, suggests differentiation tactics, and provides guidance for maintaining a competitive edge. By following these strategic directives, companies can effectively position themselves against competitors, ensuring long-term success and profitability in a rapidly evolving market.

Research Methodology

The section exhibits the standard assumptions and limitations followed throughout the research study named off-highway electric vehicle market:

  • The scope of this report has been focused on applications and types of products.
  • The base currency considered for the market analysis is US$. Currencies other than the US$ has been converted to US$ for all statistical calculations, considering the average conversion rate for that particular year.
  • The currency conversion rate has been taken from the historical exchange rate of the Oanda website.
  • All the recent developments from January 2021 to March 2025 have been considered in this research study.
  • The information rendered in the report is a result of in-depth primary interviews, surveys, and secondary analysis.
  • Where relevant information was not available, proxy indicators and extrapolation were employed.
  • Any economic downturn in the future has not been taken into consideration for the market estimation and forecast.
  • Technologies currently used are expected to persist through the forecast with no major technological breakthroughs.

Off-Highway Electric Vehicle Market Estimation and Forecast

This research study employs extensive secondary sources, including certified publications, articles from recognized experts, white papers, annual reports from relevant companies, industry directories, and major databases, to gather valuable and actionable information for a comprehensive, technical, and market-oriented analysis of the off-highway electric vehicle market.

The market engineering process encompasses calculating market statistics, estimating market size, forecasting trends, and conducting data triangulation (the methodology for these quantitative data processes is detailed in subsequent sections). Primary research has been conducted to collect information and validate market figures related to segmentation types and industry trends among key players in the off-highway electric vehicles sector.

Off-Highway Electric Vehicle Market Primary Research

The primary sources involve industry experts from the off-highway electric vehicle market and various stakeholders in the ecosystem. Respondents such as CEOs, vice presidents, marketing directors, and technology and innovation directors have been interviewed to obtain and verify both qualitative and quantitative aspects of this research study.

The key data points taken from primary sources include:

  • validation and triangulation of all the numbers and graphs
  • validation of reports segmentation and key qualitative findings
  • understanding the competitive landscape
  • validation of the numbers of various markets for market type
  • percentage split of individual markets for geographical analysis

Off-Highway Electric Vehicle Market Secondary Research

This off-highway electric vehicle market research involves extensive secondary research, directories, company websites, and annual reports. It also makes use of databases, such as ITU, Hoovers, Bloomberg, Businessweek, and Factiva, to collect useful and effective information for an extensive, technical, market-oriented, and commercial study of the global market.

Secondary research was done to obtain crucial information about the industry's value chain, revenue models, the market's monetary chain, the total pool of key players, and the current and potential use cases and applications.

The key data points taken from secondary research include:

  • segmentations and percentage shares
  • data for market value
  • key industry trends of the top players in the market
  • qualitative insights into various aspects of the market, key trends, and emerging areas of innovation
  • quantitative data for mathematical and statistical calculations

Key Off-Highway Electric Vehicle Market Players and Competition Synopsis

The companies that are profiled in the off-highway electric vehicle market have been selected based on input gathered from primary experts and analyzing company coverage, project portfolio, and market penetration.

Some of the prominent names in this market are:

  • AB Volvo
  • PristenBully (Kassbohrer Gelandefahrzeug AG )
  • Hitachi Construction Machinery Co., Ltd.
  • Caterpillar
  • CNH Industrial N.V.
  • Epiroc AB
  • Deere & Company
  • J C Bamford Excavators Ltd.
  • Sany Group
  • Sandvik AB
  • Komatsu Ltd.
  • Liebherr Group
  • Prinoth AG (HTI Group)
  • CM DUPON - ICECAT
  • xelom

Companies not part of the pool have been well represented across different sections of the report (wherever applicable).

Table of Contents

Executive Summary

Scope and Definition

1 Markets

  • 1.1 Trends: Current and Future Impact Assessment
    • 1.1.1 Trends Overview
    • 1.1.2 Technology Development in Off-Highway Electric Vehicles
    • 1.1.3 Integration of Autonomy in Mining Vehicles
  • 1.2 Supply Chain Overview
    • 1.2.1 Value Chain Analysis
    • 1.2.2 Market Map
      • 1.2.2.1 Excavators
      • 1.2.2.2 Trucks
      • 1.2.2.3 Loaders
      • 1.2.2.4 Others
    • 1.2.3 Pricing Forecast
  • 1.3 R&D Review
    • 1.3.1 Patent Filing Trend (by Country and Company)
    • 1.3.2 Regulatory Landscape
  • 1.4 Stakeholder Analysis
    • 1.4.1 Use Case
    • 1.4.2 End-User Buying Criteria
  • 1.5 Market Dynamics Overview
    • 1.5.1 Market Drivers
      • 1.5.1.1 Increased Focus toward Emission and Noise Reduction
      • 1.5.1.2 Compliance with Emission Regulations
    • 1.5.2 Market Restraints
      • 1.5.2.1 Energy Storage and Range Limitations
      • 1.5.2.2 High Initial Costs and Economic Viability
    • 1.5.3 Market Opportunities
      • 1.5.3.1 Mobile Charging Solutions to Support OHEV Adoption
      • 1.5.3.2 Renewable Energy Integration with OHEV Systems
  • 1.6 Comprehensive Analysis of Diesel vs. Electric Off-Highway Vehicles
  • 1.7 Future Trends in the Electrification of Off-Highway Vehicle Market, 2023-2030
  • 1.8 The Emerging Parallels Between On-Highway and Off-Highway Electrification

2 Application

  • 2.1 Application Segmentation
  • 2.2 Application Summary
  • 2.3 Off-Highway Electric Vehicles Market (by Application)
    • 2.3.1 Construction
    • 2.3.2 Mining
    • 2.3.3 Agriculture
    • 2.3.4 Others
  • 2.4 Off-Highway Electric Vehicles Market (by Propulsion Type)
    • 2.4.1 Battery Electric Vehicles (BEVs)
    • 2.4.2 Hybrid Electric Vehicles (HEVs)
  • 2.5 Electric Snow Grooming Vehicle Market (by Application)
    • 2.5.1 Ski and Snowboard Parks
    • 2.5.2 Cross-Country Ski Trails
    • 2.5.3 Others (Alpine Ski Rope and Snowmobile Trails)

3 Products

  • 3.1 Product Segmentation
  • 3.2 Product Summary
  • 3.3 Off-Highway Electric Vehicle Market (by Vehicle Type)
    • 3.3.1 Excavators
    • 3.3.2 Trucks
    • 3.3.3 Loaders
    • 3.3.4 Others (Tractors, Snow Grooming Vehicles, etc.)
  • 3.4 Electric Snow Grooming Vehicle Market (by Power Output)
    • 3.4.1 Up to 200kW
    • 3.4.2 Above 200kW

4 Region

  • 4.1 Regional Summary
  • 4.2 North America
    • 4.2.1 Regional Overview
    • 4.2.2 Driving Factors for Market Growth
    • 4.2.3 Factors Challenging the Market
    • 4.2.4 Application
    • 4.2.5 Product
    • 4.2.6 North America (by Country)
      • 4.2.6.1 U.S.
        • 4.2.6.1.1 Application
        • 4.2.6.1.2 Product
      • 4.2.6.2 Canada
        • 4.2.6.2.1 Application
        • 4.2.6.2.2 Product
      • 4.2.6.3 Mexico
        • 4.2.6.3.1 Application
        • 4.2.6.3.2 Product
  • 4.3 Europe
    • 4.3.1 Regional Overview
    • 4.3.2 Driving Factors for Market Growth
    • 4.3.3 Factors Challenging the Market
    • 4.3.4 Application
    • 4.3.5 Product
    • 4.3.6 Europe (by Country)
      • 4.3.6.1 France
        • 4.3.6.1.1 Application
        • 4.3.6.1.2 Product
      • 4.3.6.2 Germany
        • 4.3.6.2.1 Application
        • 4.3.6.2.2 Product
      • 4.3.6.3 U.K.
        • 4.3.6.3.1 Application
        • 4.3.6.3.2 Product
      • 4.3.6.4 Spain
        • 4.3.6.4.1 Application
        • 4.3.6.4.2 Product
      • 4.3.6.5 Italy
        • 4.3.6.5.1 Application
        • 4.3.6.5.2 Product
      • 4.3.6.6 Rest-of-Europe
        • 4.3.6.6.1 Application
        • 4.3.6.6.2 Product
  • 4.4 Asia-Pacific
    • 4.4.1 Regional Overview
    • 4.4.2 Driving Factors for Market Growth
    • 4.4.3 Factors Challenging the Market
    • 4.4.4 Application
    • 4.4.5 Product
    • 4.4.6 Asia-Pacific (by Country)
      • 4.4.6.1 China
        • 4.4.6.1.1 Application
        • 4.4.6.1.2 Product
      • 4.4.6.2 Japan
        • 4.4.6.2.1 Application
        • 4.4.6.2.2 Product
      • 4.4.6.3 South Korea
        • 4.4.6.3.1 Application
        • 4.4.6.3.2 Product
      • 4.4.6.4 Rest-of-Asia-Pacific
        • 4.4.6.4.1 Application
        • 4.4.6.4.2 Product
  • 4.5 Rest-of-the-World
    • 4.5.1 Regional Overview
    • 4.5.2 Driving Factors for Market Growth
    • 4.5.3 Factors Challenging the Market
    • 4.5.4 Application
    • 4.5.5 Product
    • 4.5.6 Rest-of-the-World (by Region)
      • 4.5.6.1 South America
        • 4.5.6.1.1 Application
        • 4.5.6.1.2 Product
      • 4.5.6.2 Middle East and Africa
        • 4.5.6.2.1 Application
        • 4.5.6.2.2 Product

5 Markets - Competitive Benchmarking and Company Profiles

  • 5.1 Next Frontiers
  • 5.2 Geographic Assessment
    • 5.2.1 AB Volvo
      • 5.2.1.1 Overview
      • 5.2.1.2 Top Products/Product Portfolio
      • 5.2.1.3 Top Competitors
      • 5.2.1.4 Target Customers/End Users
      • 5.2.1.5 Key Personnel
      • 5.2.1.6 Analyst View
      • 5.2.1.7 Market Share, 2023
    • 5.2.2 PristenBully (Kassbohrer Gelandefahrzeug AG)
      • 5.2.2.1 Overview
      • 5.2.2.2 Top Products/Product Portfolio
      • 5.2.2.3 Top Competitors
      • 5.2.2.4 Target Customers/End Users
      • 5.2.2.5 Key Personnel
      • 5.2.2.6 Analyst View
      • 5.2.2.7 Market Share, 2023
    • 5.2.3 Hitachi Construction Machinery Co., Ltd.
      • 5.2.3.1 Overview
      • 5.2.3.2 Top Products/Product Portfolio
      • 5.2.3.3 Top Competitors
      • 5.2.3.4 Target Customers/End Users
      • 5.2.3.5 Key Personnel
      • 5.2.3.6 Analyst View
      • 5.2.3.7 Market Share, 2023
    • 5.2.4 Caterpillar
      • 5.2.4.1 Overview
      • 5.2.4.2 Top Products/Product Portfolio
      • 5.2.4.3 Top Competitors
      • 5.2.4.4 Target Customers/End Users
      • 5.2.4.5 Key Personnel
      • 5.2.4.6 Analyst View
      • 5.2.4.7 Market Share, 2023
    • 5.2.5 CNH Industrial N.V.
      • 5.2.5.1 Overview
      • 5.2.5.2 Top Products/Product Portfolio
      • 5.2.5.3 Top Competitors
      • 5.2.5.4 Target Customers/End Users
      • 5.2.5.5 Key Personnel
      • 5.2.5.6 Analyst View
      • 5.2.5.7 Market Share, 2023
    • 5.2.6 Epiroc AB
      • 5.2.6.1 Overview
      • 5.2.6.2 Top Products/Product Portfolio
      • 5.2.6.3 Top Competitors
      • 5.2.6.4 Target Customers/End Users
      • 5.2.6.5 Key Personnel
      • 5.2.6.6 Analyst View
      • 5.2.6.7 Market Share, 2023
    • 5.2.7 Deere & Company
      • 5.2.7.1 Overview
      • 5.2.7.2 Top Products/Product Portfolio
      • 5.2.7.3 Top Competitors
      • 5.2.7.4 Target Customers/End Users
      • 5.2.7.5 Key Personnel
      • 5.2.7.6 Analyst View
      • 5.2.7.7 Market Share, 2023
    • 5.2.8 J C Bamford Excavators Ltd.
      • 5.2.8.1 Overview
      • 5.2.8.2 Top Products/Product Portfolio
      • 5.2.8.3 Top Competitors
      • 5.2.8.4 Target Customers/End Users
      • 5.2.8.5 Key Personnel
      • 5.2.8.6 Analyst View
      • 5.2.8.7 Market Share, 2023
    • 5.2.9 Sany Group
      • 5.2.9.1 Overview
      • 5.2.9.2 Top Products/Product Portfolio
      • 5.2.9.3 Top Competitors
      • 5.2.9.4 Target Customers/End Users
      • 5.2.9.5 Key Personnel
      • 5.2.9.6 Analyst View
      • 5.2.9.7 Market Share, 2023
    • 5.2.10 Sandvik AB
      • 5.2.10.1 Overview
      • 5.2.10.2 Top Products/Product Portfolio
      • 5.2.10.3 Top Competitors
      • 5.2.10.4 Target Customers/End Users
      • 5.2.10.5 Key Personnel
      • 5.2.10.6 Analyst View
      • 5.2.10.7 Market Share, 2023
    • 5.2.11 Komatsu Ltd.
      • 5.2.11.1 Overview
      • 5.2.11.2 Top Products/Product Portfolio
      • 5.2.11.3 Top Competitors
      • 5.2.11.4 Target Customers/End Users
      • 5.2.11.5 Key Personnel
      • 5.2.11.6 Analyst View
      • 5.2.11.7 Market Share, 2023
    • 5.2.12 Liebherr Group
      • 5.2.12.1 Overview
      • 5.2.12.2 Top Products/Product Portfolio
      • 5.2.12.3 Top Competitors
      • 5.2.12.4 Target Customers/End Users
      • 5.2.12.5 Key Personnel
      • 5.2.12.6 Analyst View
      • 5.2.12.7 Market Share, 2023
    • 5.2.13 Prinoth AG (HTI Group)
      • 5.2.13.1 Overview
      • 5.2.13.2 Top Products/Product Portfolio
      • 5.2.13.3 Top Competitors
      • 5.2.13.4 Target Customers/End Users
      • 5.2.13.5 Key Personnel
      • 5.2.13.6 Analyst View
      • 5.2.13.7 Market Share, 2023
    • 5.2.14 CM DUPON - ICECAT
      • 5.2.14.1 Overview
      • 5.2.14.2 Top Products/Product Portfolio
      • 5.2.14.3 Top Competitors
      • 5.2.14.4 Target Customers/End Users
      • 5.2.14.5 Key Personnel
      • 5.2.14.6 Analyst View
      • 5.2.14.7 Market Share, 2023
    • 5.2.15 xelom
      • 5.2.15.1 Overview
      • 5.2.15.2 Top Products/Product Portfolio
      • 5.2.15.3 Top Competitors
      • 5.2.15.4 Target Customers/End Users
      • 5.2.15.5 Key Personnel
      • 5.2.15.6 Analyst View
      • 5.2.15.7 Market Share, 2023

6 Research Methodology

  • 6.1 Data Sources
    • 6.1.1 Primary Data Sources
    • 6.1.2 Secondary Data Sources
    • 6.1.3 Data Triangulation
  • 6.2 Market Estimation and Forecast

List of Figures

  • Figure 1: Off-Highway Electric Vehicle Market (by Scenario), $Million, 2024, 2027, and 2034
  • Figure 2: Off-Highway Electric Vehicle Market (by Region), $Million, 2023, 2027, and 2034
  • Figure 3: Off-Highway Electric Vehicle Market (by Application), $Million, 2023, 2027, and 2034
  • Figure 4: Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023, 2027, and 2034
  • Figure 5: Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023, 2027, and 2034
  • Figure 6: Key Events
  • Figure 7: Failure Rate of Batteries, 2011-2023
  • Figure 8: Number of Mining Fatalities, 2010-2023
  • Figure 9: Supply Chain and Risks within the Supply Chain
  • Figure 10: Value Chain of Off-Highway Electric Vehicle Market
  • Figure 11: Off-Highway Electric Vehicle Market, by Vehicle Type, ($US/Unit), 2023, 2027, and 2034
  • Figure 12: Patent Analysis (by Country), 2021-December 2024
  • Figure 13: Patent Analysis (by Company), January 2021-February 2025
  • Figure 14: End User and Buying Criteria in the Off-Highway Electric Vehicle Market
  • Figure 15: Impact Analysis of Market Navigating Factors, 2023-2034
  • Figure 16: Estimated Annual Emission (by Vehicle Type)
  • Figure 17: Announced Electric Vehicle Battery Manufacturing Capacity by Region and Manufacturing Capacity Needed in The Net Zero Scenario, 2025 and 2030
  • Figure 18: Mining Energy Intensity, Ventilation, and Cooling (by Energy Type), MJ/Ton
  • Figure 19: Performance Comparison when Loaded (by Vehicle Type)
  • Figure 20: Total Cost of Ownership, Net Present Cost ($), 2023
  • Figure 21: Total Cost of Ownership Savings, Percentage (%)
  • Figure 22: On-Highway vs. Off-Highway Compound Annual Growth Rate, Percentage, 2024-2034
  • Figure 23: Share of Battery Electric Vehicles of All Vehicle Sales
  • Figure 24: U.S. Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 25: Canada Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 26: Mexico Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 27: France Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 28: Germany Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 29: U.K. Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 30: Spain Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 31: Italy Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 32: Rest-of-Europe Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 33: China Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 34: Japan Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 35: South Korea Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 36: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 37: South America Off-Highway Electric Vehicle Market, $Million, 2023-2034
  • Figure 38: Middle East and Africa Off-Highway Electric Vehicle Market, 2023-2034
  • Figure 39: Strategic Initiatives, January 2022-February 2025
  • Figure 40: Share of Strategic Initiatives, 2023
  • Figure 41: Data Triangulation
  • Figure 42: Top-Down and Bottom-Up Approach
  • Figure 43: Assumptions and Limitations

List of Tables

  • Table 1: Market Snapshot
  • Table 2: Opportunities across Region
  • Table 3: Competitive Landscape Snapshot
  • Table 4: Future Outlook
  • Table 5: Regulatory Landscape
  • Table 6: Country-Wise Targets
  • Table 7: Electrification Rate (by Vehicle Type), 2023 and 2030
  • Table 8: Off-Highway Electric Vehicle Market (by Application)
  • Table 9: Off-Highway Electric Vehicle Market (by Propulsion Type)
  • Table 10: Electric Snow Grooming Vehicle Market (by Application), $Million, 2023-2034
  • Table 11: Snow Grooming Vehicle Market (by Application), $Million, 2023-2034
  • Table 12: Off-Highway Electric Vehicle Market (by Vehicle Type)
  • Table 13: Electric Snow Grooming Vehicle Market (by Power Output), $Million, 2023-2034
  • Table 14: Snow Grooming Vehicle Market (by Power Output), $Million, 2023-2034
  • Table 15: Off-Highway Electric Vehicle Market (by Region), $Million, 2023-2034
  • Table 16: North America Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 17: North America Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 18: North America Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 19: U.S. Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 20: U.S. Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 21: U.S. Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 22: Canada Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 23: Canada Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 24: Canada Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 25: Mexico Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 26: Mexico Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 27: Mexico Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 28: Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 29: Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 30: Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 31: France Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 32: France Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 33: France Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 34: Germany Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 35: Germany Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 36: Germany Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 37: U.K. Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 38: U.K. Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 39: U.K. Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 40: Spain Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 41: Spain Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 42: Spain Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 43: Italy Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 44: Italy Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 45: Italy Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 46: Rest-of-Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 47: Rest-of-Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 49: Rest-of-Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 50: Asia-Pacific Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 51: Asia-Pacific Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 52: Asia-Pacific Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 53: China Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 54: China Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 55: China Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 56: Japan Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 57: Japan Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 58: Japan Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 59: South Korea Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 60: South Korea Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 61: South Korea Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 62: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 63: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 64: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 65: Rest-of-the-World Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 66: Rest-of-the-World Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 67: Rest-of-the-World Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 68: South America Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 69: South America Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 70: South America Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 71: Middle East and Africa Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
  • Table 72: Middle East and Africa Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
  • Table 73: Middle East and Africa Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
  • Table 74: Market Share