SEMABIZ, Inc. | ChosaReport.com

日本と海外の市場調査レポート＆サービスを取り扱っております。

電動建設機械市場 : 2030年までの世界予測

Electric Construction Equipment Market – Global Forecast to 2030

電動建設機械市場 : 機器タイプ、バッテリー容量、バッテリー化学、出力、アプリケーション、推進力、電動トラクター市場、電気工事、鉱山機械、地域別 – 2030年までの世界予測
Electric Construction Equipment Market by Equipment type, Battery Capacity, Battery Chemistry, Power Output, Application, Propulsion, Electric Tractor Market, Electric Construction & Mining Equipment and Region – Global Forecast to 2030

出版社MarketsandMarkets
出版年月2023年12月
ページ数408
図表数459
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% during the forecast period. All key countries have established programs/regulations for GHG emissions in the transportation industry. To follow the government mandates and the associated costs, the manufacturers and customers opt for an alternative sustainable mode of mobility. This greatly aided the development of hybrid and electric construction equipment, which are more efficient, emission-free, and noise-free than their IC engine counterparts. Generally, electric off-highway equipment can initially be more expensive, ranging from 20-50% or more compared to their conventional counterparts. The higher upfront costs are primarily due to the costly battery technology and specialized components required for electric systems. Additionally, the current electric equipment infrastructure is not as fully established or optimized as traditional equipment, contributing to higher costs.

The regulations also mandate that the air reaching each mine’s working faces must travel with a velocity to cover at least 60 feet in a minute. Various ventilation systems control these air velocities and balance the airflow with the correct ratio. Diesel engine vehicles produce emissions, heat, and high sounds within narrow mining channels. For these reasons and to achieve sustainability goals, manufacturers and mine owners have started to prefer the electrification of these mining vehicles. Electric equipment boasts reduced operating costs in comparison to diesel-powered machinery. This cost efficiency helps offset ventilation expenses in underground mining.
Additionally, by producing zero on-site emissions, electric machinery minimizes the need for extensive ventilation systems to clear exhaust fumes, directly reducing ventilation costs. This cost-effectiveness and environmental advantage position electric construction equipment as an appealing solution for mining operations seeking to lower overheads and comply with stringent environmental regulations. Consequently, the potential for reduced operating costs and improved environmental performance will likely accelerate the market demand for electric construction equipment.

“The battery electric equipment will lead the market due to the stringent noise and emission regulations.”
The rapid evolution of battery technology is propelling the growth of battery electric equipment. These advancements enable longer operational durations without recharging, making them increasingly viable for uninterrupted construction operations. The stringent noise regulations around the globe outline specific hours for construction work, limiting noisy tasks and emphasizing compliance under the Pollution Control Act. For instance, the UK enforces specific hours for construction work to mitigate noise disturbances, guided by the Pollution Control Act. Acts like the Environmental Protection Act empower councils to tackle noise concerns and establish action plans for targeted areas. Additionally, residential areas follow guidelines where nighttime noise levels exceeding 34 decibels above the background are considered unreasonable.
Battery electric machinery’s more straightforward design compared to hybrids results in lower maintenance and operational costs, presenting an attractive, cost-effective solution for construction companies aiming to optimize expenditure. Driven by escalating environmental concerns and stringent regulations, the rising demand for zero-emission equipment favors battery electric options, aligning seamlessly with regulatory mandates and customer preferences for eco-friendly solutions. Volvo Construction Equipment and Portable Electric have teamed up to provide mobile charging solutions for electric construction equipment. The Voltstack 30k from Portable Electric offers 30 kW power output and 80 kWh battery capacity, rechargeable via the grid, solar arrays, or diesel gensets. This partnership aims to reduce carbon footprints on construction sites by bundling the Voltstack 30k with Volvo CE’s electric equipment purchases at their North American dealer locations, ensuring efficient and emission-free charging options for noise-sensitive environments. These ongoing improvements in charging infrastructure are gradually mitigating the limitations associated with battery electric equipment, such as charging times and accessibility. This enhancement in infrastructure further enhances the appeal of battery electric choices within the construction sector.

Europe holds the largest market share in the electric construction equipment market.

European countries like Germany, the UK, France, Spain, Italy, Russia, and others are pivotal players in the electric construction equipment market, positioning Europe as the largest region. Municipal corporations in this region increasingly prioritize emission and noise reduction in urban construction, fueling the demand for electric equipment. In Germany, several factors drive the electric construction equipment surge, notably zero-emission zones in cities and the rising demand for sustainable construction and mining gear. Fendt, Farmtrac, and Multi-Tool Trac unveiling electric tractor prototypes at events like the Machinery Show signify the industry’s innovation. Deutz AG, Fendt, Stihl Holding AG & Co. KG, and Wacker Neuson SE are key players shaping this market.
Berliner Stadtreinigung’s purchase of Volvo L25 electric wheel loaders for waste management highlights Germany’s swift adoption of electric equipment. The country’s robust agricultural sector fuels the demand for more productive and autonomous technology, creating opportunities for compliant electric tractors. The advent of autonomous electric tractors, addressing labor shortages and enhancing productivity, is anticipated to drive the market further. This trend underscores Europe’s commitment to eco-friendly construction practices, with significant strides made in Germany. The region’s concerted efforts toward sustainability, amplified by key player innovations and industry developments, signal a promising future for electric construction equipment adoption across the continent.
Such developments of the leading companies to minimize drawbacks of the conventional battery types in electric loaders and excavators are further expected to drive the growth of electric construction equipment in the US.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.
• By Company Type: Electric Construction Equipment OEM – 100%
• By Designation: C Level – 30%, Directors- 20%,  and Others – 50%
• By Region: North Americas – 30%, Europe –20%,  Asia Pacific – 40%, Rest of the World-10%

The key players in the electric construction equipment market are Hitachi Construction Machinery (Japan), Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and Deere & Company (US). Major companies’ key strategies to maintain their position in the global electric construction equipment market are strong global networking, mergers and acquisitions, partnerships, and technological advancement.

Research Coverage

The study segments the electric construction equipment market. It forecasts the market size based on equipment (electric excavator, electric motor grader, electric loader, electric dump truck, electric load haul dump loader, electric lawn mower, electric sprayer, electric tractor), battery capacity (<50 kWh, 50-200 kWh, 200-500 kWh, >500 kWh), battery chemistry (Lithium-ion Phosphate, Lithium-ion NMC, Other battery chemistries), Power Output (<50 HP, 50-150 HP, 150-300 HP, >300 HP), Propulsion (Battery Electric, Hybrid Electric and Hydrogen), application (Construction, Mining, Agriculture, Gardening) and region (Asia Pacific, Americas and Europe).
The study also includes an in-depth competitive analysis of the major electric construction equipment manufacturers, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall electric construction equipment market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market’s pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers (Strict vehicular emission regulations, high ventilation costs in underground mining, rising demand for low-noise construction in residential areas), restraints (Higher initial cost than conventional ICE equipment, Loss of productivity due to prolonged charging time, Complex charging infrastructure for electric construction machinery), opportunities (development of long-range and fast-charging battery technology, increased manufacturing and testing of hybrid electric vehicles, emergence of hydrogen-powered construction equipment), and challenges (limited compatibility, interchangeability, and standardization of electric construction equipment for long-haul applications, Complex thermal management of batteries, Rapid transition of construction equipment toward alternative power sources) influencing the growth of the electric construction equipment market.
  • Product Development/Innovation: Detailed insights on upcoming technologies and new product & service launches in the electric construction equipment market.
  • Market Development: Comprehensive market information – the report analyses the authentication and brand protection market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric construction equipment market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and Deere & Company (US) among others in electric construction equipment market.

目次

Table of Contents

1 INTRODUCTION 33

1.1 STUDY OBJECTIVES 33

1.2 MARKET DEFINITION 34

1.3 STUDY SCOPE 35

1.3.1 MARKETS COVERED 35

FIGURE 1 MARKET SEGMENTATION 35

1.3.2 REGIONS COVERED 36

1.3.3 YEARS CONSIDERED 36

1.4 INCLUSIONS AND EXCLUSIONS 37

TABLE 1 INCLUSIONS AND EXCLUSIONS 37

1.5 CURRENCY CONSIDERED 37

1.6 UNIT CONSIDERED 37

1.7 STAKEHOLDERS 37

1.8 SUMMARY OF CHANGES 38

2 RESEARCH METHODOLOGY 40

2.1 RESEARCH DATA 40

FIGURE 2 RESEARCH DESIGN 40

FIGURE 3 RESEARCH PROCESS FLOW 41

2.1.1 SECONDARY DATA 41

2.1.1.1 Key secondary sources 42

2.1.1.2 Key data from secondary sources 43

2.1.2 PRIMARY DATA 44

FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: BY DESIGNATION, COMPANY TYPE, AND REGION 44

2.1.2.1 Sampling techniques and data collection methods 44

2.1.2.2 Primary interview participants 45

2.2 MARKET SIZE ESTIMATION 45

FIGURE 5 HYPOTHESIS BUILDING 45

2.2.1 BOTTOM-UP APPROACH 46

FIGURE 6 BOTTOM-UP APPROACH 46

2.2.2 TOP-DOWN APPROACH 47

FIGURE 7 TOP-DOWN APPROACH 47

2.3 FACTOR ANALYSIS 48

2.4 RECESSION IMPACT ANALYSIS 48

2.5 MARKET BREAKDOWN AND DATA TRIANGULATION 49

FIGURE 8 DATA TRIANGULATION 49

2.6 RESEARCH ASSUMPTIONS 50

2.7 RESEARCH LIMITATIONS 52

3 EXECUTIVE SUMMARY 53

3.1 REPORT SUMMARY 53

FIGURE 9 ELECTRIC CONSTRUCTION EQUIPMENT MARKET OUTLOOK 53

FIGURE 10 ASIA PACIFIC TO GROW AT FASTEST CAGR DURING FORECAST PERIOD 54

4 PREMIUM INSIGHTS 56

4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC CONSTRUCTION EQUIPMENT MARKET 56

FIGURE 11 GROWING NEED TO MINIMIZE EMISSIONS AND DEMAND FOR LOW-NOISE CONSTRUCTION EQUIPMENT TO DRIVE MARKET 56

4.2 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 57

FIGURE 12 ELECTRIC DUMP TRUCK SEGMENT TO LEAD FROM 2023 TO 2030 57

4.3 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION 57

FIGURE 13 AGRICULTURE TO SHOWCASE HIGHEST GROWTH DURING FORECAST PERIOD 57

4.4 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY 58

FIGURE 14 LITHIUM IRON PHOSPHATE TO BE MOST PREFERRED BATTERY DURING FORECAST PERIOD 58

4.5 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY 58

FIGURE 15 50–200 KWH TO HAVE HIGHEST MARKET SHARE DURING FORECAST PERIOD 58

4.6 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION 59

FIGURE 16 BATTERY ELECTRIC PROPULSION TO GROW AT FASTEST RATE DURING FORECAST PERIOD 59

4.7 ELECTRIC TRACTOR MARKET, BY PROPULSION 59

FIGURE 17 BATTERY ELECTRIC TRACTOR TO REPORT HIGHEST MARKET SHARE DURING FORECAST PERIOD 59

4.8 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT 60

FIGURE 18 50–150 HP SEGMENT TO RECORD FASTEST GROWTH RATE (2023–2030) 60

4.9 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION 60

FIGURE 19 HYBRID ELECTRIC PROPULSION TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 60

4.10 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE 61

FIGURE 20 ELECTRIC LAWN MOWER SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 61

4.11 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION 61

FIGURE 21 EUROPE TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 61

5 MARKET OVERVIEW 62

5.1 INTRODUCTION 62

5.2 MARKET DYNAMICS 63

FIGURE 22 ELECTRIC CONSTRUCTION EQUIPMENT MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 63

5.2.1 DRIVERS 63

5.2.1.1 Strict vehicular emission regulations 63

FIGURE 23 NON-ROAD MOBILE MACHINERY (NRMM) EMISSION REGULATION OUTLOOK, 2019–2030 64

TABLE 2 BHARAT STAGE IV VS. BHARAT STAGE V REGULATIONS FOR PM LIMITS 64

TABLE 3 BHARAT STAGE IV VS. BHARAT STAGE V REGULATIONS FOR PN LIMITS 65

TABLE 4 NOX AND PM SAVINGS IN INDIA, BY EQUIPMENT TYPE, 2020–2045 (KILOTONS) 65

TABLE 5 EURO STAGE IV, V, AND VI REGULATIONS FOR HEAVY-DUTY DIESEL ENGINES (G/KWH) 65

5.2.1.2 High ventilation costs in underground mining 66

TABLE 6 AIR QUANTITY COMPARISON BETWEEN LIGNITE AND ANTHRACITE MINES 66

TABLE 7 COST COMPARISON BETWEEN DIESEL AND ELECTRIC MINING EQUIPMENT 67

5.2.1.3 Rising demand for low-noise construction in residential areas 67

TABLE 8 NOISE CONTROL REGULATIONS FOR RESIDENTIAL AREAS, BY COUNTRY 67

TABLE 9 LOW-NOISE ELECTRIC CONSTRUCTION EQUIPMENT, BY KEY OEMS 68

5.2.2 RESTRAINTS 69

5.2.2.1 Higher initial cost than conventional ICE equipment 69

TABLE 10 ELECTRIC VS. DIESEL POWERED OFF-HIGHWAY EQUIPMENT, BY OEM 69

5.2.2.2 Loss of productivity due to prolonged charging time 70

TABLE 11 APPROXIMATE CHARGING DURATION FOR DIFFERENT EQUIPMENT 70

5.2.2.3 Complex charging infrastructure for electric construction machinery 71

5.2.3 OPPORTUNITIES 71

5.2.3.1 Development of long-range and fast-charging battery technology 71

5.2.3.2 Increased manufacturing and testing of hybrid electric vehicles 72

5.2.3.3 Emergence of hydrogen-powered construction equipment 72

TABLE 12 HYDROGEN-POWERED OFF-ROAD VEHICLE DEVELOPMENTS 73

5.2.4 CHALLENGES 74

5.2.4.1 Limited compatibility, interchangeability, and standardization for long-haul applications 74

TABLE 13 RANGE COMPARISON OF BATTERY ELECTRIC TRUCK AND OFF-HIGHWAY DIESEL TRUCK 74

5.2.4.2 Complex thermal management of batteries 75

TABLE 14 WORKING TEMPERATURE COMPARISON FOR CONSTRUCTION EQUIPMENT 75

5.2.4.3 Rapid transition of construction equipment toward alternative power sources 75

5.3 TRADE ANALYSIS 76

5.3.1 IMPORT DATA: DOZERS 76

TABLE 15 US: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %) 76

TABLE 16 FRANCE: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %) 76

TABLE 17 GERMANY: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %) 76

TABLE 18 MEXICO: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %) 77

TABLE 19 CHINA: DOZERS IMPORT SHARE, BY COUNTRY (VALUE %) 77

5.3.2 EXPORT DATA: DOZERS 77

TABLE 20 US: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %) 77

TABLE 21 FRANCE: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %) 78

TABLE 22 GERMANY: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %) 78

TABLE 23 CHINA: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %) 78

TABLE 24 BELGIUM: DOZERS EXPORT SHARE, BY COUNTRY (VALUE %) 78

5.3.3 IMPORT DATA: EXCAVATORS AND LOADERS 79

TABLE 25 US: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 79

TABLE 26 CANADA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 79

TABLE 27 CHINA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 79

TABLE 28 JAPAN: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 80

TABLE 29 INDIA: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 80

TABLE 30 GERMANY: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 80

TABLE 31 FRANCE: EXCAVATORS AND LOADERS IMPORT SHARE, BY COUNTRY (VALUE %) 81

5.3.4 EXPORT DATA: EXCAVATORS AND LOADERS 81

TABLE 32 US: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 81

TABLE 33 CANADA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 81

TABLE 34 CHINA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 82

TABLE 35 JAPAN: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 82

TABLE 36 INDIA: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 82

TABLE 37 GERMANY: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 83

TABLE 38 FRANCE: EXCAVATORS AND LOADERS EXPORT SHARE, BY COUNTRY (VALUE %) 83

5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS 83

5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS FOR ELECTRIC CONSTRUCTION EQUIPMENT MARKET PLAYERS 83

5.5 CASE STUDY ANALYSIS 84

5.5.1 USE OF ELECTRIC MINING VEHICLE AT -30 DEGREES CELSIUS 84

5.5.2 ACHIEVING CARBON NEUTRALITY WITH NEW FUEL SOURCE AND BATTERY SYSTEM 84

5.5.3 CITY WASTE MANAGEMENT USING ELECTRIC MOBILITY 84

5.5.4 REPLACEMENT OF DIESEL TRUCKS WITH ELECTRIC MODELS 85

5.5.5 ELECTRIFICATION OF CONVENTIONAL DIESEL-POWERED EXCAVATORS 85

5.5.6 IMPROVED FUEL EFFICIENCY WITH ELECTRIC HYBRID WHEEL LOADERS 85

5.6 PATENT ANALYSIS 86

TABLE 39 INNOVATIONS AND PATENT REGISTRATIONS, 2021–2023 86

5.7 SUPPLY CHAIN ANALYSIS 91

FIGURE 24 SUPPLY CHAIN ANALYSIS 91

5.8 ECOSYSTEM ANALYSIS 92

TABLE 40 ROLE OF COMPANIES IN ECOSYSTEM 92

FIGURE 25 ECOSYSTEM MAPPING 94

FIGURE 26 KEY PLAYERS IN ECOSYSTEM 95

5.9 PRICING ANALYSIS 95

5.9.1 AVERAGE SELLING PRICE, BY APPLICATION AND REGION, 2022 (USD PER UNIT) 95

TABLE 41 AVERAGE SELLING PRICE, BY APPLICATION AND REGION, 2022 (USD PER UNIT) 95

5.9.2 AVERAGE SELLING PRICE, BY EQUIPMENT TYPE AND REGION, 2022 (USD PER UNIT) 96

TABLE 42 AVERAGE SELLING PRICE, BY EQUIPMENT TYPE AND REGION, 2022 (USD PER UNIT) 96

5.10 TECHNOLOGY ANALYSIS 97

5.10.1 AUTONOMOUS CONSTRUCTION EQUIPMENT 97

5.10.2 CONSTRUCTION EQUIPMENT MONITORING 97

5.10.3 GRADE CONTROL SYSTEMS 97

5.10.4 REGENERATIVE BRAKING IN DEEP MINING SITES 97

5.10.5 AGRICULTURAL EQUIPMENT AUTOMATION 98

5.10.6 ADVANCED TELEMATICS 98

5.11 TARIFF AND REGULATORY LANDSCAPE 99

5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99

5.11.1.1 North America 99

TABLE 43 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 99

5.11.1.2 Europe 100

TABLE 44 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 100

5.11.1.3 Asia Pacific 101

TABLE 45 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 101

5.11.1.4 Rest of the World 102

TABLE 46 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 102

5.11.2 QUALITY STANDARDS 102

TABLE 47 STANDARDS FOR ELECTRIC CONSTRUCTION VEHICLES 102

5.12 KEY CONFERENCES AND EVENTS, 2023–2024 104

TABLE 48 KEY CONFERENCES AND EVENTS, 2023–2024 104

5.13 KEY STAKEHOLDERS AND BUYING CRITERIA 105

5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS 105

FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 105

TABLE 49 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR APPLICATIONS (%) 106

5.13.2 BUYING CRITERIA 106

FIGURE 28 KEY BUYING CRITERIA FOR ELECTRIC CONSTRUCTION EQUIPMENT, BY APPLICATION 106

TABLE 50 KEY BUYING CRITERIA FOR ELECTRIC CONSTRUCTION EQUIPMENT APPLICATIONS 107

5.14 TOTAL COST OF OWNERSHIP OF ELECTRIC CONSTRUCTION EQUIPMENT 107

FIGURE 29 TOTAL COST OF OWNERSHIP OF ELECTRIC CONSTRUCTION EQUIPMENT 107

TABLE 51 TOTAL COST OF OWNERSHIP OF ELECTRIC EXCAVATORS 108

FIGURE 30 FACTORS INFLUENCING TOTAL COST OF OWNERSHIP 108

5.15 BILL OF MATERIAL ANALYSIS 109

FIGURE 31 BILL OF MATERIAL ANALYSIS 109

5.16 BATTERY TECHNOLOGY 110

TABLE 52 BATTERY MANUFACTURERS 110

5.16.1 FUTURE DEVELOPMENTS IN BATTERY TECHNOLOGY 111

5.16.1.1 Solid-state batteries 111

5.16.1.2 Lithium-ion batteries 111

5.16.1.3 Sodium-ion batteries 111

TABLE 53 BATTERY CHEMISTRIES 112

6 RECOMMENDATIONS FROM MARKETSANDMARKETS 113

6.1 ASIA PACIFIC TO BE POTENTIAL MARKET FOR ELECTRIC CONSTRUCTION EQUIPMENT 113

6.2 HYDROGEN-FUELED CONSTRUCTION EQUIPMENT TO CREATE MARKET OPPORTUNITIES 113

6.3 ELECTRIFICATION OF UNDERGROUND MINING EQUIPMENT TO BE SIGNIFICANT FOR OEMS 114

6.4 RENTAL ELECTRIC CONSTRUCTION EQUIPMENT AND TELEMATICS TO DRIVE MARKET 115

6.5 GROWTH OF AUTONOMOUS TRACTORS IN FUTURE 116

6.6 LITHIUM IRON BATTERY CHEMISTRY TO DOMINATE ELECTRIC CONSTRUCTION EQUIPMENT MARKET 116

6.7 CONCLUSION 117

7 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE 118

7.1 INTRODUCTION 119

7.1.1 INDUSTRY INSIGHTS 119

FIGURE 32 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2030 (USD MILLION) 120

TABLE 54 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 120

TABLE 55 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 120

TABLE 56 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 121

TABLE 57 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 121

7.2 ELECTRIC EXCAVATOR 122

7.2.1 COMPACT SIZE AND REDUCED VENTILATION EXPENSES TO DRIVE MARKET 122

TABLE 58 ELECTRIC EXCAVATOR: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 122

TABLE 59 ELECTRIC EXCAVATOR: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 122

TABLE 60 ELECTRIC EXCAVATOR: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 123

TABLE 61 ELECTRIC EXCAVATOR: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 123

7.3 ELECTRIC LOADER 124

7.3.1 CITY WASTE MANAGEMENT TO DRIVE MARKET 124

TABLE 62 ELECTRIC LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 124

TABLE 63 ELECTRIC LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 124

TABLE 64 ELECTRIC LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 124

TABLE 65 ELECTRIC LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 125

7.4 ELECTRIC MOTOR GRADER 125

7.4.1 ROAD MAINTENANCE AND EARTHMOVING APPLICATIONS TO DRIVE MARKET 125

TABLE 66 ELECTRIC MOTOR GRADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 125

TABLE 67 ELECTRIC MOTOR GRADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 126

TABLE 68 ELECTRIC MOTOR GRADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 126

TABLE 69 ELECTRIC MOTOR GRADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030(USD MILLION) 126

7.5 ELECTRIC DOZER 127

7.5.1 ENHANCED AGILITY AND INCREASED FUEL EFFICIENCY TO DRIVE MARKET 127

TABLE 70 ELECTRIC DOZER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 127

TABLE 71 ELECTRIC DOZER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 127

TABLE 72 ELECTRIC DOZER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 128

TABLE 73 ELECTRIC DOZER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 128

7.6 ELECTRIC DUMP TRUCK 128

7.6.1 LONG-TERM SAVINGS AND REDUCED MAINTENANCE EXPENSES TO DRIVE MARKET 128

TABLE 74 ELECTRIC DUMP TRUCK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 129

TABLE 75 ELECTRIC DUMP TRUCK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 129

TABLE 76 ELECTRIC DUMP TRUCK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 129

TABLE 77 ELECTRIC DUMP TRUCK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 129

7.7 ELECTRIC LOAD HAUL DUMP LOADER 130

7.7.1 RAPID URBANIZATION AND UNDERGROUND MINING TO DRIVE MARKET 130

TABLE 78 ELECTRIC LOAD HAUL DUMP LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 130

TABLE 79 ELECTRIC LOAD HAUL DUMP LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 130

TABLE 80 ELECTRIC LOAD HAUL DUMP LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 131

TABLE 81 ELECTRIC LOAD HAUL DUMP LOADER: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 131

8 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY 132

8.1 INTRODUCTION 133

8.2 OPERATIONAL DATA 133

TABLE 82 ELECTRIC CONSTRUCTION EQUIPMENT MODELS AND BATTERY CAPACITIES 133

8.2.1 INDUSTRY INSIGHTS 134

FIGURE 33 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023 VS. 2030 (USD MILLION) 134

TABLE 83 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS) 134

TABLE 84 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS) 135

TABLE 85 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (USD MILLION) 135

TABLE 86 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023–2030 (USD MILLION) 135

8.3 <50 KWH 136

8.3.1 USE IN SMALL AND COMPACT EQUIPMENT TO DRIVE MARKET 136

TABLE 87 <50 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 136

TABLE 88 <50 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 136

TABLE 89 <50 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 136

TABLE 90 <50 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 137

8.4 50–200 KWH 137

8.4.1 HIGHER DEMAND FOR SMALL AND MID-RANGE CONSTRUCTION EQUIPMENT TO DRIVE MARKET 137

TABLE 91 50–200 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 137

TABLE 92 50–200 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 138

TABLE 93 50–200 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 138

TABLE 94 50–200 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 138

8.5 200–500 KWH 139

8.5.1 RISING DEMAND FOR EMISSION-FREE OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET 139

TABLE 95 200–500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 139

TABLE 96 200–500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 139

TABLE 97 200–500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 140

TABLE 98 200–500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 140

8.6 >500 KWH 141

8.6.1 ENHANCED TORQUE AND NOISELESS OPERATION TO DRIVE MARKET 141

TABLE 99 >500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 141

TABLE 100 >500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 141

TABLE 101 >500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 141

TABLE 102 >500 KWH: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 142

9 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY 143

9.1 INTRODUCTION 144

9.1.1 INDUSTRY INSIGHTS 144

FIGURE 34 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023 VS. 2030 (USD MILLION) 144

TABLE 103 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS) 145

TABLE 104 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS) 145

TABLE 105 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2018–2022 (USD MILLION) 145

TABLE 106 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023–2030 (USD MILLION) 145

9.2 LITHIUM IRON PHOSPHATE (LFP) 146

9.2.1 MINIMAL DEGRADATION AT HIGHER TEMPERATURES AND CONSISTENT POWER DELIVERY TO DRIVE MARKET 146

TABLE 107 LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 147

TABLE 108 LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 147

TABLE 109 LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 147

TABLE 110 LITHIUM IRON PHOSPHATE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 147

9.3 LITHIUM NICKEL MANGANESE COBALT OXIDE (NMC) 148

9.3.1 HIGH ENERGY AND POWER DENSITIES AND LONGER LIFESPAN TO DRIVE MARKET 148

TABLE 111 LITHIUM NICKEL MANGANESE COBALT OXIDE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 149

TABLE 112 LITHIUM NICKEL MANGANESE COBALT OXIDE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 149

TABLE 113 LITHIUM NICKEL MANGANESE COBALT OXIDE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 149

TABLE 114 LITHIUM NICKEL MANGANESE COBALT OXIDE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 149

9.4 OTHER BATTERY CHEMISTRIES 150

9.4.1 SODIUM-ION BATTERIES 150

9.4.1.1 Applications in off-highway vehicles and stationary storage setups to drive market 150

TABLE 115 SODIUM-ION BATTERY VS. LITHIUM-ION BATTERY 151

9.4.2 SOLID-STATE BATTERIES 151

9.4.2.1 Enhanced charging and safety capabilities to drive market 151

TABLE 116 OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 151

TABLE 117 OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 152

TABLE 118 OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 152

TABLE 119 OTHER BATTERY CHEMISTRIES: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 152

9.5 COST ANALYSIS 153

TABLE 120 GLOBAL BATTERY PRODUCTION, BY BATTERY CHEMISTRY 153

9.6 DEVELOPMENTS IN BATTERY CHEMISTRY 154

TABLE 121 GLOBAL BATTERY PRODUCTION, BY OEM 154

10 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT 155

10.1 INTRODUCTION 156

10.1.1 INDUSTRY INSIGHTS 156

FIGURE 35 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023 VS. 2030 (USD MILLION) 156

TABLE 122 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (UNITS) 157

TABLE 123 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2030 (UNITS) 157

TABLE 124 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2018–2022 (USD MILLION) 157

TABLE 125 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT, 2023–2030 (USD MILLION) 158

10.2 <50 HP 158

10.2.1 GROWING DEMAND FOR COMPACT EXCAVATORS AND SMALL DOZERS TO DRIVE MARKET 158

TABLE 126 <50 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 158

TABLE 127 <50 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 159

TABLE 128 <50 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 159

TABLE 129 <50 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 159

10.3 50–150 HP 160

10.3.1 INCREASING LAUNCHES OF LOW TO MEDIUM-POWERED EQUIPMENT TO DRIVE MARKET 160

TABLE 130 50–150 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 160

TABLE 131 50–150 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 160

TABLE 132 50–150 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 161

TABLE 133 50–150 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 161

10.4 150–300 HP 161

10.4.1 ONGOING BATTERY AND PRODUCT DEVELOPMENTS TO DRIVE MARKET 161

TABLE 134 150–300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 162

TABLE 135 150–300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 162

TABLE 136 150–300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 162

TABLE 137 150–300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 162

10.5 >300 HP 163

10.5.1 SUITABILITY IN LARGE CONSTRUCTION AND MINING OPERATIONS TO DRIVE MARKET 163

TABLE 138 >300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 163

TABLE 139 >300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 163

TABLE 140 >300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 164

TABLE 141 >300 HP: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 164

11 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION 165

11.1 INTRODUCTION 166

11.1.1 INDUSTRY INSIGHTS 166

FIGURE 36 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION) 166

TABLE 142 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (UNITS) 167

TABLE 143 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023–2030 (UNITS) 167

TABLE 144 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2018–2022 (USD MILLION) 167

TABLE 145 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION, 2023–2030 (USD MILLION) 168

11.2 CONSTRUCTION 168

11.2.1 ENVIRONMENTAL CONCERNS AND NOISE REGULATIONS TO DRIVE MARKET 168

TABLE 146 CONSTRUCTION: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 168

TABLE 147 CONSTRUCTION: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 169

TABLE 148 CONSTRUCTION: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 169

TABLE 149 CONSTRUCTION: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 169

11.3 MINING 170

11.3.1 ELECTRIFICATION TREND TO DRIVE MARKET 170

TABLE 150 MINING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 170

TABLE 151 MINING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 170

TABLE 152 MINING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 170

TABLE 153 MINING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 171

11.4 GARDENING 171

11.4.1 LANDSCAPING PRACTICES IN RESIDENTIAL AND COMMERCIAL SPACES TO DRIVE MARKET 171

TABLE 154 GARDENING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 171

TABLE 155 GARDENING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 172

TABLE 156 GARDENING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 172

TABLE 157 GARDENING: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 172

11.5 AGRICULTURE 173

11.5.1 INCREASING FOOD PRODUCTION TO DRIVE MARKET 173

TABLE 158 AGRICULTURE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 173

TABLE 159 AGRICULTURE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 173

TABLE 160 AGRICULTURE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 173

TABLE 161 AGRICULTURE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 174

12 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION 175

12.1 INTRODUCTION 176

12.1.1 INDUSTRY INSIGHTS 176

FIGURE 37 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION) 176

TABLE 162 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (UNITS) 177

TABLE 163 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (UNITS) 177

TABLE 164 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 177

TABLE 165 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 177

12.2 HYBRID ELECTRIC 178

12.2.1 COMBINED CAPABILITIES OF CONVENTIONAL AND ELECTRIC OFF-HIGHWAY EQUIPMENT TO DRIVE MARKET 178

TABLE 166 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 178

TABLE 167 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 178

TABLE 168 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 179

TABLE 169 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 179

12.3 BATTERY ELECTRIC 179

12.3.1 FALLING BATTERY COSTS AND NEED FOR SUSTAINABLE OPERATIONS TO DRIVE MARKET 179

TABLE 170 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 180

TABLE 171 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 180

TABLE 172 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 180

TABLE 173 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 181

12.4 HYDROGEN 181

12.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE TO DRIVE MARKET 181

TABLE 174 HYDROGEN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 182

TABLE 175 HYDROGEN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 182

TABLE 176 HYDROGEN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 182

TABLE 177 HYDROGEN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 183

13 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE 184

13.1 INTRODUCTION 185

13.2 OPERATIONAL DATA 185

13.2.1 ELECTRIC TRACTOR MODELS AND DESCRIPTION 185

13.2.2 INDUSTRY INSIGHTS 186

FIGURE 38 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023 VS. 2030 (USD MILLION) 186

TABLE 178 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 186

TABLE 179 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 187

TABLE 180 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 187

TABLE 181 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 187

13.3 ELECTRIC LAWN MOWER 188

13.3.1 HIGH FUEL EXPENSES AND WORKFORCE SHORTAGES IN GARDENING TO DRIVE MARKET 188

TABLE 182 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 188

TABLE 183 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 188

TABLE 184 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 188

TABLE 185 ELECTRIC LAWN MOWER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 189

13.4 ELECTRIC SPRAYER 189

13.4.1 NEED TO ELIMINATE CROP WITHERING TO DRIVE MARKET 189

TABLE 186 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 189

TABLE 187 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 190

TABLE 188 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 190

TABLE 189 ELECTRIC SPRAYER: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 190

13.5 ELECTRIC TRACTOR 191

13.5.1 RENTAL PROGRAMS AND GOVERNMENT INITIATIVES TO DRIVE MARKET 191

TABLE 190 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 191

TABLE 191 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 191

TABLE 192 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 192

TABLE 193 ELECTRIC TRACTOR: ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 192

14 ELECTRIC TRACTOR MARKET, BY PROPULSION 193

14.1 INTRODUCTION 194

14.2 INDUSTRY INSIGHTS 194

FIGURE 39 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION) 195

TABLE 194 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (UNITS) 195

TABLE 195 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2030 (UNITS) 195

TABLE 196 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 196

TABLE 197 ELECTRIC TRACTOR MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 196

14.3 HYBRID ELECTRIC 196

14.3.1 INCREASING DEMAND FOR MEDIUM- AND HEAVY-DUTY TRACTORS TO DRIVE MARKET 196

TABLE 198 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS) 197

TABLE 199 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS) 197

TABLE 200 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION) 197

TABLE 201 HYBRID: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION) 197

14.4 BATTERY ELECTRIC 198

14.4.1 EU EMISSION REGULATIONS AND US ENVIRONMENTAL PROTECTION AGENCY NORMS TO DRIVE MARKET 198

TABLE 202 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS) 198

TABLE 203 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS) 199

TABLE 204 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION) 199

TABLE 205 BATTERY ELECTRIC: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION) 199

14.5 HYDROGEN 200

14.5.1 SUSTAINABLE AGRICULTURE APPLICATIONS TO DRIVE MARKET 200

TABLE 206 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (UNITS) 200

TABLE 207 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (UNITS) 200

TABLE 208 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2018–2022 (USD MILLION) 201

TABLE 209 HYDROGEN: ELECTRIC TRACTOR MARKET, BY REGION, 2023–2030 (USD MILLION) 201

15 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION 202

15.1 INTRODUCTION 203

15.1.1 INDUSTRY INSIGHTS 203

FIGURE 40 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023 VS. 2030 (USD MILLION) 204

TABLE 210 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (UNITS) 204

TABLE 211 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (UNITS) 204

TABLE 212 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2018–2022 (USD MILLION) 205

TABLE 213 ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY PROPULSION, 2023–2030 (USD MILLION) 205

15.2 HYBRID ELECTRIC 205

15.2.1 GROWING INVESTMENTS IN MINING INDUSTRY TO DRIVE MARKET 205

TABLE 214 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 206

TABLE 215 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 206

TABLE 216 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 206

TABLE 217 HYBRID ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 207

15.3 BATTERY ELECTRIC 207

15.3.1 IMPROVED MANEUVERABILITY AND DRIVABILITY TO DRIVE MARKET 207

TABLE 218 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 208

TABLE 219 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 208

TABLE 220 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 208

TABLE 221 BATTERY ELECTRIC: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 208

15.4 HYDROGEN 209

15.4.1 FOCUS ON GREEN FUELS TO DRIVE MARKET 209

TABLE 222 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 209

TABLE 223 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 210

TABLE 224 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 210

TABLE 225 HYDROGEN: ELECTRIC CONSTRUCTION AND MINING EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 210

16 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CAPACITY AND INDUSTRY 211

16.1 INTRODUCTION 212

16.1.1 PRIMARY INSIGHTS 212

FIGURE 41 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CAPACITY AND INDUSTRY, 2023 (UNITS) 212

16.2 ELECTRIC OFF-HIGHWAY EQUIPMENT AND BATTERY CAPACITY 213

TABLE 226 ELECTRIC OFF-HIGHWAY EQUIPMENT: INDICATIVE OEM MODELS AND THEIR BATTERY CAPACITY 213

16.3 CONSTRUCTION EQUIPMENT 215

16.3.1 INCREASED ADOPTION OF 50–200 KWH EQUIPMENT DUE TO BALANCED RANGE AND POWER TO DRIVE MARKET 215

TABLE 227 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS) 215

TABLE 228 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS) 216

16.4 MINING EQUIPMENT 217

16.4.1 200–500 KWH BATTERY CAPACITY SEGMENT TO DRIVE MARKET 217

TABLE 229 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS) 218

TABLE 230 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS) 218

16.5 AGRICULTURE TRACTORS 219

16.5.1 <50 KWH BATTERY CAPACITY SEGMENT TO DOMINATES MARKET 219

TABLE 231 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CAPACITY, 2018–2022 (UNITS) 219

TABLE 232 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CAPACITY, 2023–2030 (UNITS) 220

17 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CHEMISTRY AND INDUSTRY 221

17.1 INTRODUCTION 222

17.2 ELECTRIC OFF-HIGHWAY EQUIPMENT AND BATTERY CAPACITY 222

TABLE 233 ELECTRIC OFF-HIGHWAY EQUIPMENT: INDICATIVE OEM MODELS AND THEIR BATTERY CHEMISTRY 222

17.2.1 PRIMARY INSIGHTS 224

FIGURE 42 ELECTRIC OFF-HIGHWAY EQUIPMENT MARKET, BY BATTERY CHEMISTRY AND INDUSTRY, 2023 (UNITS) 224

17.3 CONSTRUCTION EQUIPMENT 224

17.3.1 LITHIUM NICKEL MANGANESE COBALT OXIDE BATTERY SEGMENT TO DRIVE MARKET 224

TABLE 234 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS) 225

TABLE 235 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS) 225

17.4 MINING EQUIPMENT 226

17.4.1 LFP BATTERY SEGMENT TO DRIVE MARKET 226

TABLE 236 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS) 226

TABLE 237 ELECTRIC MINING EQUIPMENT MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS) 227

17.5 AGRICULTURE TRACTORS 227

17.5.1 AFFORDABILITY, LONGEVITY, AND MINIMAL ENVIRONMENTAL RISKS TO DRIVE MARKET 227

TABLE 238 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CHEMISTRY, 2018–2022 (UNITS) 228

TABLE 239 ELECTRIC AGRICULTURE TRACTORS MARKET, BY BATTERY CHEMISTRY, 2023–2030 (UNITS) 228

18 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION 229

18.1 INTRODUCTION 230

18.1.1 INDUSTRY INSIGHTS 230

FIGURE 43 ASIA PACIFIC TO HOLD LARGEST MARKET SHARE (2023–2030) 230

TABLE 240 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (UNITS) 231

TABLE 241 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (UNITS) 231

TABLE 242 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2018–2022 (USD MILLION) 231

TABLE 243 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION, 2023–2030 (USD MILLION) 231

18.2 ASIA PACIFIC 232

FIGURE 44 ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023 VS. 2030 (USD MILLION) 232

TABLE 244 ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS) 233

TABLE 245 ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (UNITS) 233

TABLE 246 ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 233

TABLE 247 ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 234

18.2.1 ASIA PACIFIC: RECESSION IMPACT ANALYSIS 234

18.2.2 CHINA 234

18.2.2.1 National IV emission standards and mining automation to drive market 234

TABLE 248 CHINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 235

TABLE 249 CHINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 235

TABLE 250 CHINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 236

TABLE 251 CHINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 236

18.2.3 INDIA 237

18.2.3.1 National Mission for Sustainable Agriculture and higher budgets of Ministry of Road Transport and Highways to drive market 237

TABLE 252 INDIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 237

TABLE 253 INDIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 238

TABLE 254 INDIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 238

TABLE 255 INDIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 239

18.2.4 JAPAN 240

18.2.4.1 Large-scale farming and testing of unmanned electric tractors to drive market 240

TABLE 256 JAPAN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 240

TABLE 257 JAPAN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 241

TABLE 258 JAPAN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 241

TABLE 259 JAPAN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 242

18.2.5 SOUTH KOREA 242

18.2.5.1 Electrification of dump trucks for mining to drive market 242

TABLE 260 SOUTH KOREA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 243

TABLE 261 SOUTH KOREA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 243

TABLE 262 SOUTH KOREA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 244

TABLE 263 SOUTH KOREA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 244

18.2.6 REST OF ASIA PACIFIC 245

TABLE 264 REST OF ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 245

TABLE 265 REST OF ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 246

TABLE 266 REST OF ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 246

TABLE 267 REST OF ASIA PACIFIC: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 247

18.3 EUROPE 248

FIGURE 45 EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET SNAPSHOT 248

TABLE 268 EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS) 249

TABLE 269 EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (UNITS) 249

TABLE 270 EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 250

TABLE 271 EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 250

18.3.1 EUROPE: RECESSION IMPACT ANALYSIS 251

18.3.2 GERMANY 251

18.3.2.1 Need for productive and autonomous technology in municipality management and agriculture to drive market 251

TABLE 272 GERMANY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 252

TABLE 273 GERMANY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 252

TABLE 274 GERMANY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 253

TABLE 275 GERMANY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 253

18.3.3 UK 254

18.3.3.1 Rising demand for lawn mowers for gardening and lawn maintenance to drive market 254

TABLE 276 UK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 254

TABLE 277 UK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 255

TABLE 278 UK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 255

TABLE 279 UK: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 256

18.3.4 FRANCE 257

18.3.4.1 French National Low Carbon Strategy and Energy Transition for Green Growth Act to drive market 257

TABLE 280 FRANCE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 257

TABLE 281 FRANCE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 258

TABLE 282 FRANCE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 258

TABLE 283 FRANCE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 259

18.3.5 SPAIN 260

18.3.5.1 National Strategic Plan for Agriculture to drive market 260

TABLE 284 SPAIN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 260

TABLE 285 SPAIN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 260

TABLE 286 SPAIN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 261

TABLE 287 SPAIN: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 261

18.3.6 RUSSIA 262

18.3.6.1 Ongoing developments in electric tractor segment to drive market 262

TABLE 288 RUSSIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 262

TABLE 289 RUSSIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 263

TABLE 290 RUSSIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 263

TABLE 291 RUSSIA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 264

18.3.7 ITALY 264

18.3.7.1 Temperate climate and traditional outdoor spaces to drive market 264

TABLE 292 ITALY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 265

TABLE 293 ITALY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 265

TABLE 294 ITALY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 266

TABLE 295 ITALY: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 266

18.3.8 REST OF EUROPE 267

TABLE 296 REST OF EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 267

TABLE 297 REST OF EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 268

TABLE 298 REST OF EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 268

TABLE 299 REST OF EUROPE: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 269

18.4 AMERICAS 270

FIGURE 46 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET SNAPSHOT 270

TABLE 300 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (UNITS) 271

TABLE 301 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (UNITS) 271

TABLE 302 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 271

TABLE 303 AMERICAS: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 272

18.4.1 AMERICAS: RECESSION IMPACT ANALYSIS 272

18.4.2 US 273

18.4.2.1 Growing investments in electric off-highway equipment, subsystems, and batteries to drive market 273

TABLE 304 US: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 273

TABLE 305 US: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 274

TABLE 306 US: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 274

TABLE 307 US: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 275

18.4.3 CANADA 275

18.4.3.1 Global dominance in mining industry to drive market 275

TABLE 308 CANADA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 276

TABLE 309 CANADA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 276

TABLE 310 CANADA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 277

TABLE 311 CANADA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 277

18.4.4 MEXICO 278

18.4.4.1 Lower electricity tariffs to drive market 278

TABLE 312 MEXICO: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 278

TABLE 313 MEXICO: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 279

TABLE 314 MEXICO: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 279

TABLE 315 MEXICO: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 280

18.4.5 BRAZIL 280

18.4.5.1 Incorporation of electric tractors in farming and frameworks to regularize mining industry to drive market 280

TABLE 316 BRAZIL: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 281

TABLE 317 BRAZIL: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 281

TABLE 318 BRAZIL: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 282

TABLE 319 BRAZIL: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 282

18.4.6 ARGENTINA 283

18.4.6.1 Digital agriculture and 2030 Agenda for Sustainable Development to drive market 283

TABLE 320 ARGENTINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (UNITS) 283

TABLE 321 ARGENTINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (UNITS) 284

TABLE 322 ARGENTINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2018–2022 (USD MILLION) 284

TABLE 323 ARGENTINA: ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY EQUIPMENT TYPE, 2023–2030 (USD MILLION) 285

19 COMPETITIVE LANDSCAPE 286

19.1 OVERVIEW 286

19.2 MARKET SHARE ANALYSIS 286

TABLE 324 DEGREE OF COMPETITION, 2022 286

FIGURE 47 MARKET SHARE ANALYSIS, 2022 287

19.3 REVENUE ANALYSIS 288

FIGURE 48 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020–2022 288

19.4 KEY PLAYERS’ STRATEGIES 288

TABLE 325 KEY PLAYERS’ STRATEGIES, 2021–2023 289

19.5 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS 291

19.5.1 STARS 291

19.5.2 EMERGING LEADERS 291

19.5.3 PERVASIVE PLAYERS 291

19.5.4 PARTICIPANTS 291

19.5.5 COMPANY FOOTPRINT 292

TABLE 326 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, 2022 292

TABLE 327 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, BY EQUIPMENT TYPE, 2022 293

TABLE 328 ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS: COMPANY FOOTPRINT, BY REGION, 2022 294

FIGURE 49 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS, 2022 295

FIGURE 50 KEY DEVELOPMENTS BY LEADING PLAYERS 296

19.6 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS 297

19.6.1 STARS 297

19.6.2 EMERGING LEADERS 297

19.6.3 PERVASIVE PLAYERS 297

19.6.4 PARTICIPANTS 297

19.6.5 COMPANY FOOTPRINT 298

TABLE 329 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, 2022 298

TABLE 330 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, BY PROPULSION, 2022 298

TABLE 331 ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS: COMPANY FOOTPRINT, BY REGION, 2022 299

FIGURE 51 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT BATTERY/COMPONENT MANUFACTURERS, 2022 300

19.7 COMPETITIVE SCENARIOS AND TRENDS 301

19.7.1 PRODUCT DEVELOPMENTS 301

TABLE 332 PRODUCT DEVELOPMENTS, 2021–2023 301

19.7.2 DEALS 305

TABLE 333 DEALS, 2021–2023 305

19.7.3 OTHERS 311

TABLE 334 OTHERS, 2021–2023 311

19.8 MAJOR ELECTRIC CONSTRUCTION VEHICLE MANUFACTURERS 313

TABLE 335 BATTERY ELECTRIC CONSTRUCTION VEHICLES (OEMS AND MODELS) 313

19.9 MAJOR ELECTRIC MINING VEHICLE MANUFACTURERS 314

TABLE 336 ELECTRIC AND HYBRID MINING TRUCKS (OEMS AND MODELS) 314

TABLE 337 ELECTRIC AND HYBRID MINING LOAD HAUL DUMPERS (OEMS AND MODELS) 315

19.10 MAJOR ELECTRIC TRACTOR VEHICLE MANUFACTURERS 315

TABLE 338 ELECTRIC AND HYBRID TRACTORS (OEMS AND MODELS) 315

20 COMPANY PROFILES 316

(Business overview, Products/Solutions/Services offered, Recent developments & MnM View)*

20.1 KEY PLAYERS 316

20.1.1 HITACHI CONSTRUCTION MACHINERY CO., LTD. 316

TABLE 339 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY OVERVIEW 316

FIGURE 52 HITACHI CONSTRUCTION MACHINERY CO., LTD.: COMPANY SNAPSHOT 317

TABLE 340 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317

TABLE 341 HITACHI CONSTRUCTION MACHINERY CO., LTD.: PRODUCT DEVELOPMENTS 319

TABLE 342 HITACHI CONSTRUCTION MACHINERY CO., LTD.: DEALS 320

TABLE 343 HITACHI CONSTRUCTION MACHINERY CO., LTD.: OTHERS 322

20.1.2 CATERPILLAR INC. 325

TABLE 344 CATERPILLAR INC.: COMPANY OVERVIEW 325

FIGURE 53 CATERPILLAR INC.: COMPANY SNAPSHOT 326

TABLE 345 CATERPILLAR INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 326

TABLE 346 CATERPILLAR INC.: DEALS 328

TABLE 347 CATERPILLAR INC.: PRODUCT DEVELOPMENTS 329

20.1.3 KOMATSU LTD. 332

TABLE 348 KOMATSU LTD.: COMPANY OVERVIEW 332

FIGURE 54 KOMATSU LTD.: COMPANY SNAPSHOT 333

TABLE 349 KOMATSU LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 333

TABLE 350 KOMATSU LTD.: DEALS 335

TABLE 351 KOMATSU LTD.: PRODUCT DEVELOPMENTS 337

20.1.4 JCB 339

TABLE 352 JCB: COMPANY OVERVIEW 339

TABLE 353 JCB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 340

TABLE 354 JCB: DEALS 341

TABLE 355 JCB: PRODUCT DEVELOPMENTS 342

20.1.5 VOLVO CONSTRUCTION EQUIPMENT 344

TABLE 356 VOLVO CONSTRUCTION EQUIPMENT: COMPANY OVERVIEW 344

FIGURE 55 VOLVO CONSTRUCTION EQUIPMENT: COMPANY SNAPSHOT 345

TABLE 357 VOLVO CONSTRUCTION EQUIPMENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 345

TABLE 358 VOLVO CONSTRUCTION EQUIPMENT: DEALS 347

TABLE 359 VOLVO CONSTRUCTION EQUIPMENT: PRODUCT DEVELOPMENTS 349

TABLE 360 VOLVO CONSTRUCTION EQUIPMENT: OTHERS 351

20.1.6 DEERE & COMPANY 353

TABLE 361 DEERE & COMPANY: COMPANY OVERVIEW 353

FIGURE 56 DEERE & COMPANY: COMPANY SNAPSHOT 354

TABLE 362 DEERE & COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 354

TABLE 363 DEERE & COMPANY: DEALS 355

TABLE 364 DEERE & COMPANY: PRODUCT DEVELOPMENTS 356

TABLE 365 DEERE & COMPANY: OTHERS 357

20.1.7 SANDVIK AB 358

TABLE 366 SANDVIK AB: COMPANY OVERVIEW 358

FIGURE 57 SANDVIK AB: COMPANY SNAPSHOT 359

TABLE 367 SANDVIK AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 359

TABLE 368 SANDVIK AB: DEALS 360

TABLE 369 SANDVIK AB: PRODUCT DEVELOPMENTS 363

20.1.8 EPIROC AB 364

TABLE 370 EPIROC AB: COMPANY OVERVIEW 364

FIGURE 58 EPIROC AB: COMPANY SNAPSHOT 365

TABLE 371 EPIROC AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 366

TABLE 372 EPIROC AB: DEALS 367

TABLE 373 EPIROC AB: PRODUCT DEVELOPMENTS 368

TABLE 374 EPIROC AB: OTHERS 369

20.1.9 LIEBHERR 370

TABLE 375 LIEBHERR: COMPANY OVERVIEW 370

FIGURE 59 LIEBHERR: COMPANY SNAPSHOT 371

TABLE 376 LIEBHERR: PRODUCTS/SOLUTIONS/SERVICES OFFERED 371

TABLE 377 LIEBHERR: DEALS 374

TABLE 378 LIEBHERR: PRODUCT DEVELOPMENTS 374

20.1.10 DOOSAN GROUP 376

TABLE 379 DOOSAN GROUP: COMPANY OVERVIEW 376

FIGURE 60 DOOSAN GROUP: COMPANY SNAPSHOT 377

TABLE 380 DOOSAN GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED 377

TABLE 381 DOOSAN GROUP: DEALS 378

TABLE 382 DOOSAN GROUP: PRODUCT DEVELOPMENTS 379

*Details on Business overview, Products/Solutions/Services offered, Recent developments & MnM View might not be captured in case of unlisted companies.

20.2 OTHER PLAYERS 381

20.2.1 SOLETRAC INC. 381

TABLE 383 SOLETRAC INC.: COMPANY OVERVIEW 381

20.2.2 DANA LIMITED 382

TABLE 384 DANA LIMITED: COMPANY OVERVIEW 382

20.2.3 DEUTZ AG 383

TABLE 385 DEUTZ AG: COMPANY OVERVIEW 383

20.2.4 FENDT 384

TABLE 386 FENDT: COMPANY OVERVIEW 384

20.2.5 HUSQVARNA AB 385

TABLE 387 HUSQVARNA AB: COMPANY OVERVIEW 385

20.2.6 STIHL HOLDING AG AND CO. KG 386

TABLE 388 STIHL HOLDING AG AND CO. KG: COMPANY OVERVIEW 386

20.2.7 XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD. (XCMG) GROUP 387

TABLE 389 XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD. (XCMG) GROUP: COMPANY OVERVIEW 387

20.2.8 SANY HEAVY INDUSTRIES CO., LTD. 388

TABLE 390 SANY HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW 388

20.2.9 KUBOTA CORPORATION 389

TABLE 391 KUBOTA CORPORATION: COMPANY OVERVIEW 389

20.2.10 KOBELCO CONSTRUCTION MACHINERY EUROPE BV 390

TABLE 392 KOBELCO CONSTRUCTION MACHINERY EUROPE BV: COMPANY OVERVIEW 390

20.2.11 BHARAT EARTH MOVERS LIMITED 391

TABLE 393 BHARAT EARTH MOVERS LIMITED: COMPANY OVERVIEW 391

20.2.12 CRRC CORPORATION 392

TABLE 394 CRRC CORPORATION: COMPANY OVERVIEW 392

20.2.13 CNH INDUSTRIAL NV 393

TABLE 395 CNH INDUSTRIAL NV: COMPANY OVERVIEW 393

20.2.14 WACKER NEUSON SE 394

TABLE 396 WACKER NEUSON SE: COMPANY OVERVIEW 394

20.2.15 TAKEUCHI GLOBAL 395

TABLE 397 TAKEUCHI GLOBAL: COMPANY OVERVIEW 395

20.2.16 HD HYUNDAI HEAVY INDUSTRIES CO., LTD. 395

TABLE 398 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.: COMPANY OVERVIEW 395

20.2.17 LUIGONG MACHINERY CO., LTD. 396

TABLE 399 LIUGONG MACHINERY CO., LTD.: COMPANY OVERVIEW 396

21 APPENDIX 397

21.1 INSIGHTS FROM INDUSTRY EXPERTS 397

21.2 DISCUSSION GUIDE 398

21.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 402

21.4 CUSTOMIZATION OPTIONS 404

21.4.1 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION 404

21.4.1.1 Construction 404

21.4.1.2 Mining 404

21.4.1.3 Agriculture 404

21.4.1.4 Gardening 404

21.4.2 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION 404

21.4.2.1 Electric 404

21.4.2.2 Hybrid 404

21.4.2.3 Hydrogen 404

21.4.3 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY AND BATTERY CHEMISTRY 404

21.4.3.1 <50 kWh 404

21.4.3.2 50–200 kWh 404

21.4.3.3 200–500 kWh 404

21.4.3.4 >500 kWh 404

21.4.3.5 Lithium Iron Phosphate 404

21.4.3.6 Lithium Nickel Manganese Cobalt Oxide 404

21.4.3.7 Other Battery Chemistries 404

21.4.4 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CAPACITY AND BATTERY CHEMISTRY 404

21.4.4.1 <50 kWh 404

21.4.4.2 50–200 kWh 404

21.4.4.3 200–500 kWh 404

21.4.4.4 >500 kWh 404

21.4.4.5 Lithium Iron Phosphate 404

21.4.4.6 Lithium Nickel Manganese Cobalt Oxide 404

21.4.4.7 Other Battery Chemistries 405

21.4.5 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY BATTERY CAPACITY & BATTERY CHEMISTRY 405

21.4.5.1 <50 kWh 405

21.4.5.2 50–200 kWh 405

21.4.5.3 200–500 kWh 405

21.4.5.4 >500 kWh 405

21.4.5.5 Lithium Iron Phosphate 405

21.4.5.6 Lithium Nickel Manganese Cobalt Oxide 405

21.4.5.7 Other Battery Chemistries 405

21.4.6 ELECTRIC CONSTRUCTION EQUIPMENT MARKET FOR ADDITIONAL COUNTRIES 405

21.4.6.1 Australia 405

21.4.6.2 Scandinavian Countries 405

21.4.7 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS (UP TO 5) 405

21.5 RELATED REPORTS 406

21.6 AUTHOR DETAILS 407

建設・建築の最新記事8件