-

Electric Off-highway Equipment Market Report 2023: Focus on North America 2008-2030, Europe 2009-2023, and China 2017-2025 - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Electric Off-highway Equipment Growth Opportunities" report has been added to ResearchAndMarkets.com's offering.

This research report offers an in-depth analysis of the transformative changes driven by key sustainability initiatives, emission regulations, technology trends, market forces, and limitations.

One significant aspect highlighted is the surging popularity and undeniable economic advantages of hybrid and electric powertrains within the off-highway equipment sector. The report also provides a comprehensive forecast, detailing the expected adoption trends for various types of off-highway equipment. Gain valuable insights from this study to enhance your comprehension of this pivotal shift in the off-highway equipment industry.

Sustainability objectives and the quest for more cost-effective equipment operation, along with improved availability, have far-reaching benefits throughout the global off-highway equipment value chain. These factors are spurring the adoption of alternative powertrains and the electrification of equipment models. The growing electrification demands, including the development of charging infrastructure, are fostering collaborations among OEMs, suppliers, utility companies, and technology providers.

This study seeks to establish a benchmark for the comprehensive penetration of electric off-highway equipment in the market. OEMs and technology suppliers are actively realigning their powertrain portfolios to accommodate hybrid or fully electric equipment, tailored for achieving net-zero emissions.

Stringent emission regulations and the imperative to curtail fuel-related expenses have prompted major OEMs and suppliers to innovate and introduce a range of technologies. These innovations are geared toward optimizing fuel costs, enhancing operability, and maximizing equipment availability.

The analytical coverage spans key sustainability initiatives, emission regulations, technology trends, market driving forces, impediments, competitive dynamics, regional market distribution, and product introductions. Hybrid and electric powertrains have gained prominence in off-highway equipment due to their significant cost-saving potential.

These powertrains are poised to be well-received by every fleet operating in the off-highway equipment sector, thanks to their capacity to virtually eliminate diesel fuel consumption, boost overall energy efficiency, and minimize equipment downtime. The research report also provides a detailed projection of the expected market adoption rates for each category of off-highway equipment.

Key Topics Covered:

1. Strategic Imperatives

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

2. Global Sustainability Initiatives

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

3. Technology Trends

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

4. Industry Landscape, Dynamics, and Ecosystem

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

5. Total Cost of Ownership Analysis

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

6. Growth Opportunity Analysis

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

7. Competitive Environment

  • Electric Powertrain Mapping
  • Electric Equipment - Competitive Positioning

8. Growth Opportunity Universe

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

9. Appendix - Hybrid and Electric Equipment Launches: North America

  • Hybrid Off-highway Equipment Launches, NA, 2008-2030
  • Battery-electric Off-highway Equipment Launches, NA, 2016-2030

10. Hybrid and Electric Equipment Launches - Europe

  • Hybrid Off-highway Equipment Launches, Europe, 2009-2023
  • Electric Off-highway Equipment Launches, Europe, 2016-2023

11. Hybrid and Electric Equipment Launches - China

  • Hybrid Off-highway Equipment Launches, China, 2017-2025
  • Electric Off-highway Equipment Launches, China, 2019-2022

12. Next Steps

For more information about this report visit https://www.researchandmarkets.com/r/exyd1b

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Research and Markets


Release Versions

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

More News From Research and Markets

Poland Investment Funds and Asset Management Market Report 2026, Profiles of TFI, Pekao, Santander, PKO, Allianz, Goldman Sachs - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Investment Funds and Asset Management Market in Poland, 2024-2026" report has been added to ResearchAndMarkets.com's offering. This report provides a comprehensive overview of the investment funds and asset management sector in Poland. Analysis covers the main pillars of the market, including: mutual funds, insurance, and pension assets. The report also mid-term forecast of key volumes for the period 2025-2027. The data has been presented in a form of horizontal pr...

Europe Data Center Colocation Market Outlook & Forecast Report 2025-2030 Featuring Major Players - Digital Realty, Equinix, NTT DATA, Global Switch, CyrusOne, Ark Data Centres - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Europe Data Center Colocation Market - Industry Outlook & Forecast 2025-2030" report has been added to ResearchAndMarkets.com's offering. The Europe Data Center Colocation Market was valued at USD 9.45 Billion in 2024, and is projected to reach USD 35.73 Billion by 2030, rising at a CAGR of 24.82%. The Europe data center colocation market is expected to witness cumulative investments of approximately $144.03 billion, of which, the Western Europe is slated to ac...

GCC Construction Equipment Market Research Report 2025-2030 Featuring Key Vendors - Caterpillar, Komatsu, Volvo, Hitachi, SANY, XCMG, JCB, Liebherr, Kobelco, and Zoomlion - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "GCC Construction Equipment Market Research Report 2025-2030" report has been added to ResearchAndMarkets.com's offering. The GCC Construction Equipment Market was sized at 68,499 Units in 2024, and is projected to reach 94,499 Units by 2030, rising at a CAGR of 5.51%. Governments in the UAE and Saudi Arabia continue to prioritize urban growth and diversification, with Dubai's long-term 2040 Urban Master Plan and the Saudi Vision 2030-linked mega-projects fuelling o...
Back to Newsroom