Electric Construction Equipment Market
Electric Construction Equipment Market - Global Industry Assessment & Forecast
Segments Covered
- By Equipment Type Electric Excavator, Electric Motor Grader, Electric Dozer, Electric Loader, Electric Dump Truck, Electric Load-haul-dump Truck, Electric Lawn Mower, Electric Sprayer, Electric Tractor
- By Propulsion Hybrid Electric, Battery Electric, Hydrogen
- By Battery Capacity < 50 KwH, 50-200 KwH, 200-500 KwH, > 500 KwH
- By Power Output <50 HP, 50-150 HP, 150-300 HP, >300 HP
- By Battery Chemistry Lithium-ion Phosphate, Lithium-ion NMC, Other Battery Chemistry
- By Application Construction, Mining, Agriculture, Gardening
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 10.5 Billion |
Revenue 2032: | USD 70.1 Billion |
Revenue CAGR (2024 - 2032): | 23.5% |
Fastest Growing Region (2024 - 2032) | Asia Pacific |
Largest Region (2023): | Europe |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2018 to 2022 |
3. | Forecast Data | 2024 to 2032 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Electric Construction Equipment in terms of revenue?
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The global Electric Construction Equipment valued at USD 10.5 Billion in 2023 and is expected to reach USD 70.1 Billion in 2032 growing at a CAGR of 23.5%.
Which are the prominent players in the market?
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The prominent players in the market are Volvo CE (Sweden), Komatsu Ltd. (Japan), JCB (UK), Caterpillar Inc. (U.S.), Sunward Intelligent Equipment Co. Ltd. (China), Atlas Copco (Sweden), CNH Industrial N. V. (UK), John Deere (U.S.), Doosan Corporation (South Korea), Schaffer Corporation (Australia), Kuhn Schweiz (Switzerland), Hyundai CE (South Korea).
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 23.5% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
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The driving factors of the Electric Construction Equipment include
Which region accounted for the largest share in the market?
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Europe was the leading regional segment of the Electric Construction Equipment in 2023.