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2023
Construction Electric Vehicle Market

Construction Electric Vehicle Market

by Type (Hybrid, Pure-Electric), by Propulsion Type (Battery Electric Vehicle, Plug-in Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle) and by Charging Type (Normal Charging, Fast Charging): Global Opportunity Analysis and Industry Forecast, 2023-2032

AT : Electric and Hybrid Vehicles
Report Code: A12249
Nov 2023 | Pages: NA
Tables: NA
Charts: NA

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COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Construction Electric Vehicle Market

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Construction Electric Vehicle Market Outlook 2030 -

The electrification of construction vehicle is on the rise, and companies are showing a keen interest in exploring how this new trend can complement their existing business models. The electric system in heavy-duty vehicles provides several benefits. Nevertheless, factors such as battery technology, s solutions. The pursuit of electrification of construction vehicles is expected to reduce fuel consumption and long-term cost savings. The EPA (Environmental Protection Agency) has always held a positive attitude towards strict emission standards for off-highway diesel vehicles, mainly heavy vehicles used in construction and mining applications. Original equipment manufacturers have been developing innovative methods to achieve zero emissions. Construction companies are responsible for at least 11% of carbon dioxide emissions. The European Union established a stage 5 emissions standard, which took effect in 2019. Since European emission regulations keep on changing, diesel-powered machines could be discontinued all together in the future. They would be replaced with electric alternatives leveraging the market for electric construction vehicle.

COVID-19 Impact analysis

The manufacturers in construction electric vehicle industry across the globe is being affected severely due to the restrictions on producers as well as the declared lockdowns which in turn is affecting the manufacturers worldwide. Industry executives are anticipating delivery and construction slowdowns, either because nations have shuttered industries to slow the spread of coronavirus or because the workers have tested positive. Many components and parts for manufacturing of electric construction vehicle come from China, the US and some parts of Europe. Manufacturing disruptions in China and the US could contribute to a significant fall in the electric construction vehicle market over the next one or two years. Moreover, new orders for construction machinery in the U.S. were down by around 12% in April 2020 compared to the previous year. Due to the COVID-19 pandemic, local currencies of many countries have depreciated. There is misalignment of supply and demand, leading to financial losses for components/parts manufacturers. Key components used in manufacturing electric construction vehicle are typically procured in US dollars, which results in increased component cost.

Top Impacting Factor

  • Decrease in cost of EV batteries, technological development, and transition of global automotive industry toward electric vehicles are driving the growth of the market.
  • Lack of EV charging infrastructure is expected to hamper the growth of the market.
  • Government initiatives pertaining to electric construction vehicles, and increasing FDI in automobile sector can be seen as an opportunity for the market investments.

The construction electric vehicle market trends are as follows:

Decrease in cost of EV batteries

Due to technological progress and mass production of electric vehicle batteries, the cost of electric vehicle batteries has been decreasing. This event has led to a decrease in the cost of the electric vehicles (EV) as EV batteries are one of the most expensive parts of an electric vehicle. In 2010, the price of electric vehicle batteries was approximately US$1,100 per kilowatt-hour. However, by 2020, their prices will drop to around US$137 per kWh, while prices in China will be as low as US$100 per kWh. This is because the manufacturing cost of these batteries has been reduced, the price of cathode materials has been reduced, and the output has been increased. Various companies around the world are cooperating together to reduce R&D cost. For instance, in January 2021 Proterra, a leading innovator in commercial vehicle electrification technology, and Komatsu, a global leader in construction equipment, announced an agreement to leverage Proterra’s best-in-class battery technology for the development of Komatsu’s first battery-electric middle class hydraulic excavator. The prices of EV batteries are expected to fall to around USD 60 per kWh by 2030, which will greatly reduce the price of EV’s making them cheaper than conventional ICE vehicles.

Government initiatives pertaining to electric construction vehicles

Countries around the world have set target to reduce vehicle emissions by around 2050. They have started promoting the development and sales of electric construction vehicle’s and related charging infrastructure. For example, the U.S. government invested 5 billion U.S. dollars in 2017 to promote the creation of electric construction vehicle infrastructure such as charging stations. Some governments are offering various incentives, such as low or zero registration fees and exemptions from import taxes, purchase taxes, and road taxes. In addition, countries such as Norway and Germany are investing heavily in promoting the sales of electric vehicles. Thus, due to the large incentives and subsidies in Europe, a high growth rate in the sale of electric vehicles is observed. The government is investing heavily in providing incentives and subsidies to encourage the sale of electric construction vehicles. The steps taken by governments around the world will help in increasing demand for electric construction vehicles in the coming decade.

Key benefits of the report:

  • This study presents the analytical depiction of the construction electric vehicle market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with challenges of the construction electric vehicle market.
  • The current market is quantitatively analyzed to highlight the construction electric vehicle market growth scenario.
  • The report provides a detailed construction electric vehicle market analysis based on competitive intensity and how the competition will take shape in coming years.

Questions answered in the construction electric vehicle market research report:

  • Which are the leading market players active in the construction electric vehicle market?
  • What would be the detailed impact of COVID-19 on the market?
  • What current trends would influence the market in the next few years?
  • What are the driving factors, restraints, and opportunities in the construction electric vehicle market?
  • What are the projections for the future that would help in taking further strategic steps?

 Construction Electric Vehicle Market Report Highlights

Aspects Details
By Type
  • Hybrid
  • Pure-Electric
By Propulsion Type
  • Battery Electric Vehicle
  • Plug-in Electric Vehicle
  • Fuel Cell Electric Vehicle
  • Hybrid Electric Vehicle
By Charging Type
  • Normal Charging
  • Fast Charging
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (France, Germany, UK, Russia, Rest of Europe)
  • Asia-Pacific  (China, Japan, India, South Korea, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Doosan Corporation, Caterpillar, John Deere, Hitachi, Komatsu, Atlas Copco, Merlo J C Bamford Excavators Ltd., Volvo, CNH Industrial N.V., SUNWARD
 

  • CHAPTER 1: INTRODUCTION

    • 1.1. Report Description

    • 1.2. Key Market Segments

    • 1.3. Key Benefits

    • 1.4. Research Methodology

      • 1.4.1. Primary Research

      • 1.4.2. Secondary Research

      • 1.4.3. Analyst Tools and Models

  • CHAPTER 2: EXECUTIVE SUMMARY

    • 2.1. CXO Perspective

  • CHAPTER 3: MARKET LANDSCAPE

    • 3.1. Market Definition and Scope

    • 3.2. Key Findings

      • 3.2.1. Top Investment Pockets

      • 3.2.2. Top Winning Strategies

    • 3.3. Porter's Five Forces Analysis

      • 3.3.1. Bargaining Power of Suppliers

      • 3.3.2. Threat of New Entrants

      • 3.3.3. Threat of Substitutes

      • 3.3.4. Competitive Rivalry

      • 3.3.5. Bargaining Power among Buyers

    • 3.5. Market Dynamics

      • 3.5.1. Drivers

      • 3.5.2. Restraints

      • 3.5.3. Opportunities

    • 3.6. COVID-19 Impact Analysis

  • CHAPTER 4: CONSTRUCTION ELECTRIC VEHICLE MARKET, BY TYPE

    • 4.1. Market Overview

      • 4.1.1 Market Size and Forecast, By Type

    • 4.2. Hybrid

      • 4.2.1. Key Market Trends, Growth Factors and Opportunities

      • 4.2.2. Market Size and Forecast, By Region

      • 4.2.3. Market Share Analysis, By Country

    • 4.3. Pure-Electric

      • 4.3.1. Key Market Trends, Growth Factors and Opportunities

      • 4.3.2. Market Size and Forecast, By Region

      • 4.3.3. Market Share Analysis, By Country

  • CHAPTER 5: CONSTRUCTION ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE

    • 5.1. Market Overview

      • 5.1.1 Market Size and Forecast, By Propulsion Type

    • 5.2. Battery Electric Vehicle

      • 5.2.1. Key Market Trends, Growth Factors and Opportunities

      • 5.2.2. Market Size and Forecast, By Region

      • 5.2.3. Market Share Analysis, By Country

    • 5.3. Plug-in Electric Vehicle

      • 5.3.1. Key Market Trends, Growth Factors and Opportunities

      • 5.3.2. Market Size and Forecast, By Region

      • 5.3.3. Market Share Analysis, By Country

    • 5.4. Fuel Cell Electric Vehicle

      • 5.4.1. Key Market Trends, Growth Factors and Opportunities

      • 5.4.2. Market Size and Forecast, By Region

      • 5.4.3. Market Share Analysis, By Country

    • 5.5. Hybrid Electric Vehicle

      • 5.5.1. Key Market Trends, Growth Factors and Opportunities

      • 5.5.2. Market Size and Forecast, By Region

      • 5.5.3. Market Share Analysis, By Country

  • CHAPTER 6: CONSTRUCTION ELECTRIC VEHICLE MARKET, BY CHARGING TYPE

    • 6.1. Market Overview

      • 6.1.1 Market Size and Forecast, By Charging Type

    • 6.2. Normal Charging

      • 6.2.1. Key Market Trends, Growth Factors and Opportunities

      • 6.2.2. Market Size and Forecast, By Region

      • 6.2.3. Market Share Analysis, By Country

    • 6.3. Fast Charging

      • 6.3.1. Key Market Trends, Growth Factors and Opportunities

      • 6.3.2. Market Size and Forecast, By Region

      • 6.3.3. Market Share Analysis, By Country

  • CHAPTER 7: CONSTRUCTION ELECTRIC VEHICLE MARKET, BY REGION

    • 7.1. Market Overview

      • 7.1.1 Market Size and Forecast, By Region

    • 7.2. North America

      • 7.2.1. Key Market Trends and Opportunities

      • 7.2.2. Market Size and Forecast, By Type

      • 7.2.3. Market Size and Forecast, By Propulsion Type

      • 7.2.4. Market Size and Forecast, By Charging Type

      • 7.2.5. Market Size and Forecast, By Country

      • 7.2.6. U.S. Construction Electric Vehicle Market

        • 7.2.6.1. Market Size and Forecast, By Type
        • 7.2.6.2. Market Size and Forecast, By Propulsion Type
        • 7.2.6.3. Market Size and Forecast, By Charging Type

      • 7.2.7. Canada Construction Electric Vehicle Market

        • 7.2.7.1. Market Size and Forecast, By Type
        • 7.2.7.2. Market Size and Forecast, By Propulsion Type
        • 7.2.7.3. Market Size and Forecast, By Charging Type

      • 7.2.8. Mexico Construction Electric Vehicle Market

        • 7.2.8.1. Market Size and Forecast, By Type
        • 7.2.8.2. Market Size and Forecast, By Propulsion Type
        • 7.2.8.3. Market Size and Forecast, By Charging Type

    • 7.3. Europe

      • 7.3.1. Key Market Trends and Opportunities

      • 7.3.2. Market Size and Forecast, By Type

      • 7.3.3. Market Size and Forecast, By Propulsion Type

      • 7.3.4. Market Size and Forecast, By Charging Type

      • 7.3.5. Market Size and Forecast, By Country

      • 7.3.6. France Construction Electric Vehicle Market

        • 7.3.6.1. Market Size and Forecast, By Type
        • 7.3.6.2. Market Size and Forecast, By Propulsion Type
        • 7.3.6.3. Market Size and Forecast, By Charging Type

      • 7.3.7. Germany Construction Electric Vehicle Market

        • 7.3.7.1. Market Size and Forecast, By Type
        • 7.3.7.2. Market Size and Forecast, By Propulsion Type
        • 7.3.7.3. Market Size and Forecast, By Charging Type

      • 7.3.8. Italy Construction Electric Vehicle Market

        • 7.3.8.1. Market Size and Forecast, By Type
        • 7.3.8.2. Market Size and Forecast, By Propulsion Type
        • 7.3.8.3. Market Size and Forecast, By Charging Type

      • 7.3.9. Spain Construction Electric Vehicle Market

        • 7.3.9.1. Market Size and Forecast, By Type
        • 7.3.9.2. Market Size and Forecast, By Propulsion Type
        • 7.3.9.3. Market Size and Forecast, By Charging Type

      • 7.3.10. UK Construction Electric Vehicle Market

        • 7.3.10.1. Market Size and Forecast, By Type
        • 7.3.10.2. Market Size and Forecast, By Propulsion Type
        • 7.3.10.3. Market Size and Forecast, By Charging Type

      • 7.3.11. Russia Construction Electric Vehicle Market

        • 7.3.11.1. Market Size and Forecast, By Type
        • 7.3.11.2. Market Size and Forecast, By Propulsion Type
        • 7.3.11.3. Market Size and Forecast, By Charging Type

      • 7.3.12. Rest Of Europe Construction Electric Vehicle Market

        • 7.3.12.1. Market Size and Forecast, By Type
        • 7.3.12.2. Market Size and Forecast, By Propulsion Type
        • 7.3.12.3. Market Size and Forecast, By Charging Type

    • 7.4. Asia-Pacific

      • 7.4.1. Key Market Trends and Opportunities

      • 7.4.2. Market Size and Forecast, By Type

      • 7.4.3. Market Size and Forecast, By Propulsion Type

      • 7.4.4. Market Size and Forecast, By Charging Type

      • 7.4.5. Market Size and Forecast, By Country

      • 7.4.6. China Construction Electric Vehicle Market

        • 7.4.6.1. Market Size and Forecast, By Type
        • 7.4.6.2. Market Size and Forecast, By Propulsion Type
        • 7.4.6.3. Market Size and Forecast, By Charging Type

      • 7.4.7. Japan Construction Electric Vehicle Market

        • 7.4.7.1. Market Size and Forecast, By Type
        • 7.4.7.2. Market Size and Forecast, By Propulsion Type
        • 7.4.7.3. Market Size and Forecast, By Charging Type

      • 7.4.8. India Construction Electric Vehicle Market

        • 7.4.8.1. Market Size and Forecast, By Type
        • 7.4.8.2. Market Size and Forecast, By Propulsion Type
        • 7.4.8.3. Market Size and Forecast, By Charging Type

      • 7.4.9. South Korea Construction Electric Vehicle Market

        • 7.4.9.1. Market Size and Forecast, By Type
        • 7.4.9.2. Market Size and Forecast, By Propulsion Type
        • 7.4.9.3. Market Size and Forecast, By Charging Type

      • 7.4.10. Australia Construction Electric Vehicle Market

        • 7.4.10.1. Market Size and Forecast, By Type
        • 7.4.10.2. Market Size and Forecast, By Propulsion Type
        • 7.4.10.3. Market Size and Forecast, By Charging Type

      • 7.4.11. Thailand Construction Electric Vehicle Market

        • 7.4.11.1. Market Size and Forecast, By Type
        • 7.4.11.2. Market Size and Forecast, By Propulsion Type
        • 7.4.11.3. Market Size and Forecast, By Charging Type

      • 7.4.12. Malaysia Construction Electric Vehicle Market

        • 7.4.12.1. Market Size and Forecast, By Type
        • 7.4.12.2. Market Size and Forecast, By Propulsion Type
        • 7.4.12.3. Market Size and Forecast, By Charging Type

      • 7.4.13. Indonesia Construction Electric Vehicle Market

        • 7.4.13.1. Market Size and Forecast, By Type
        • 7.4.13.2. Market Size and Forecast, By Propulsion Type
        • 7.4.13.3. Market Size and Forecast, By Charging Type

      • 7.4.14. Rest of Asia Pacific Construction Electric Vehicle Market

        • 7.4.14.1. Market Size and Forecast, By Type
        • 7.4.14.2. Market Size and Forecast, By Propulsion Type
        • 7.4.14.3. Market Size and Forecast, By Charging Type

    • 7.5. LAMEA

      • 7.5.1. Key Market Trends and Opportunities

      • 7.5.2. Market Size and Forecast, By Type

      • 7.5.3. Market Size and Forecast, By Propulsion Type

      • 7.5.4. Market Size and Forecast, By Charging Type

      • 7.5.5. Market Size and Forecast, By Country

      • 7.5.6. Brazil Construction Electric Vehicle Market

        • 7.5.6.1. Market Size and Forecast, By Type
        • 7.5.6.2. Market Size and Forecast, By Propulsion Type
        • 7.5.6.3. Market Size and Forecast, By Charging Type

      • 7.5.7. South Africa Construction Electric Vehicle Market

        • 7.5.7.1. Market Size and Forecast, By Type
        • 7.5.7.2. Market Size and Forecast, By Propulsion Type
        • 7.5.7.3. Market Size and Forecast, By Charging Type

      • 7.5.8. Saudi Arabia Construction Electric Vehicle Market

        • 7.5.8.1. Market Size and Forecast, By Type
        • 7.5.8.2. Market Size and Forecast, By Propulsion Type
        • 7.5.8.3. Market Size and Forecast, By Charging Type

      • 7.5.9. UAE Construction Electric Vehicle Market

        • 7.5.9.1. Market Size and Forecast, By Type
        • 7.5.9.2. Market Size and Forecast, By Propulsion Type
        • 7.5.9.3. Market Size and Forecast, By Charging Type

      • 7.5.10. Argentina Construction Electric Vehicle Market

        • 7.5.10.1. Market Size and Forecast, By Type
        • 7.5.10.2. Market Size and Forecast, By Propulsion Type
        • 7.5.10.3. Market Size and Forecast, By Charging Type

      • 7.5.11. Rest of LAMEA Construction Electric Vehicle Market

        • 7.5.11.1. Market Size and Forecast, By Type
        • 7.5.11.2. Market Size and Forecast, By Propulsion Type
        • 7.5.11.3. Market Size and Forecast, By Charging Type

  • CHAPTER 8: COMPETITIVE LANDSCAPE

    • 8.1. Introduction

    • 8.2. Top Winning Strategies

    • 8.3. Product Mapping Of Top 10 Player

    • 8.4. Competitive Dashboard

    • 8.5. Competitive Heatmap

    • 8.6. Top Player Positioning,2022

  • CHAPTER 9: COMPANY PROFILES

    • 9.1. Komatsu

      • 9.1.1. Company Overview

      • 9.1.2. Key Executives

      • 9.1.3. Company Snapshot

      • 9.1.4. Operating Business Segments

      • 9.1.5. Product Portfolio

      • 9.1.6. Business Performance

      • 9.1.7. Key Strategic Moves and Developments

    • 9.2. Caterpillar

      • 9.2.1. Company Overview

      • 9.2.2. Key Executives

      • 9.2.3. Company Snapshot

      • 9.2.4. Operating Business Segments

      • 9.2.5. Product Portfolio

      • 9.2.6. Business Performance

      • 9.2.7. Key Strategic Moves and Developments

    • 9.3. Hitachi

      • 9.3.1. Company Overview

      • 9.3.2. Key Executives

      • 9.3.3. Company Snapshot

      • 9.3.4. Operating Business Segments

      • 9.3.5. Product Portfolio

      • 9.3.6. Business Performance

      • 9.3.7. Key Strategic Moves and Developments

    • 9.4. John Deere

      • 9.4.1. Company Overview

      • 9.4.2. Key Executives

      • 9.4.3. Company Snapshot

      • 9.4.4. Operating Business Segments

      • 9.4.5. Product Portfolio

      • 9.4.6. Business Performance

      • 9.4.7. Key Strategic Moves and Developments

    • 9.5. Volvo

      • 9.5.1. Company Overview

      • 9.5.2. Key Executives

      • 9.5.3. Company Snapshot

      • 9.5.4. Operating Business Segments

      • 9.5.5. Product Portfolio

      • 9.5.6. Business Performance

      • 9.5.7. Key Strategic Moves and Developments

    • 9.6. Atlas Copco

      • 9.6.1. Company Overview

      • 9.6.2. Key Executives

      • 9.6.3. Company Snapshot

      • 9.6.4. Operating Business Segments

      • 9.6.5. Product Portfolio

      • 9.6.6. Business Performance

      • 9.6.7. Key Strategic Moves and Developments

    • 9.7. SUNWARD

      • 9.7.1. Company Overview

      • 9.7.2. Key Executives

      • 9.7.3. Company Snapshot

      • 9.7.4. Operating Business Segments

      • 9.7.5. Product Portfolio

      • 9.7.6. Business Performance

      • 9.7.7. Key Strategic Moves and Developments

    • 9.8. Doosan Corporation

      • 9.8.1. Company Overview

      • 9.8.2. Key Executives

      • 9.8.3. Company Snapshot

      • 9.8.4. Operating Business Segments

      • 9.8.5. Product Portfolio

      • 9.8.6. Business Performance

      • 9.8.7. Key Strategic Moves and Developments

    • 9.9. Merlo J C Bamford Excavators Ltd.

      • 9.9.1. Company Overview

      • 9.9.2. Key Executives

      • 9.9.3. Company Snapshot

      • 9.9.4. Operating Business Segments

      • 9.9.5. Product Portfolio

      • 9.9.6. Business Performance

      • 9.9.7. Key Strategic Moves and Developments

    • 9.10. CNH Industrial N.V.

      • 9.10.1. Company Overview

      • 9.10.2. Key Executives

      • 9.10.3. Company Snapshot

      • 9.10.4. Operating Business Segments

      • 9.10.5. Product Portfolio

      • 9.10.6. Business Performance

      • 9.10.7. Key Strategic Moves and Developments

  • LIST OF TABLES

  • TABLE 1. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 2. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR HYBRID, BY REGION, 2022-2032 ($MILLION)
  • TABLE 3. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR PURE-ELECTRIC, BY REGION, 2022-2032 ($MILLION)
  • TABLE 4. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 5. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 6. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR PLUG-IN ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 7. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR FUEL CELL ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 8. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR HYBRID ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 9. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 10. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR NORMAL CHARGING, BY REGION, 2022-2032 ($MILLION)
  • TABLE 11. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET FOR FAST CHARGING, BY REGION, 2022-2032 ($MILLION)
  • TABLE 12. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET, BY REGION, 2022-2032 ($MILLION)
  • TABLE 13. NORTH AMERICA CONSTRUCTION ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 14. NORTH AMERICA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 15. NORTH AMERICA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 16. NORTH AMERICA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 17. U.S. CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 18. U.S. CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 19. U.S. CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 20. CANADA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 21. CANADA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 22. CANADA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 23. MEXICO CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 24. MEXICO CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 25. MEXICO CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 26. EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 27. EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 28. EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 29. EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 30. FRANCE CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 31. FRANCE CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 32. FRANCE CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 33. GERMANY CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 34. GERMANY CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 35. GERMANY CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 36. ITALY CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 37. ITALY CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 38. ITALY CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 39. SPAIN CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 40. SPAIN CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 41. SPAIN CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 42. UK CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 43. UK CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 44. UK CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 45. RUSSIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 46. RUSSIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 47. RUSSIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 48. REST OF EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 49. REST OF EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 50. REST OF EUROPE CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 51. ASIA-PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 52. ASIA-PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 53. ASIA-PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 54. ASIA-PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 55. CHINA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 56. CHINA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 57. CHINA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 58. JAPAN CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 59. JAPAN CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 60. JAPAN CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 61. INDIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 62. INDIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 63. INDIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 64. SOUTH KOREA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 65. SOUTH KOREA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 66. SOUTH KOREA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 67. AUSTRALIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 68. AUSTRALIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 69. AUSTRALIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 70. THAILAND CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 71. THAILAND CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 72. THAILAND CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 73. MALAYSIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 74. MALAYSIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 75. MALAYSIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 76. INDONESIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 77. INDONESIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 78. INDONESIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 79. REST OF ASIA PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 80. REST OF ASIA PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 81. REST OF ASIA PACIFIC CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 82. LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY REGION, 2022-2032 ($MILLION)
  • TABLE 83. LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 84. LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 85. LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 86. BRAZIL CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 87. BRAZIL CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 88. BRAZIL CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 89. SOUTH AFRICA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 90. SOUTH AFRICA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 91. SOUTH AFRICA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 92. SAUDI ARABIA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 93. SAUDI ARABIA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 94. SAUDI ARABIA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 95. UAE CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 96. UAE CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 97. UAE CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 98. ARGENTINA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 99. ARGENTINA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 100. ARGENTINA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 101. REST OF LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY TYPE, 2022-2032 ($MILLION)
  • TABLE 102. REST OF LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY PROPULSION TYPE, 2022-2032 ($MILLION)
  • TABLE 103. REST OF LAMEA CONSTRUCTION ELECTRIC VEHICLE, BY CHARGING TYPE, 2022-2032 ($MILLION)
  • TABLE 104. KOMATSU: KEY EXECUTIVES
  • TABLE 105. KOMATSU: COMPANY SNAPSHOT
  • TABLE 106. KOMATSU: OPERATING SEGMENTS
  • TABLE 107. KOMATSU: PRODUCT PORTFOLIO
  • TABLE 108. KOMATSU: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 109. CATERPILLAR: KEY EXECUTIVES
  • TABLE 110. CATERPILLAR: COMPANY SNAPSHOT
  • TABLE 111. CATERPILLAR: OPERATING SEGMENTS
  • TABLE 112. CATERPILLAR: PRODUCT PORTFOLIO
  • TABLE 113. CATERPILLAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 114. HITACHI: KEY EXECUTIVES
  • TABLE 115. HITACHI: COMPANY SNAPSHOT
  • TABLE 116. HITACHI: OPERATING SEGMENTS
  • TABLE 117. HITACHI: PRODUCT PORTFOLIO
  • TABLE 118. HITACHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 119. JOHN DEERE: KEY EXECUTIVES
  • TABLE 120. JOHN DEERE: COMPANY SNAPSHOT
  • TABLE 121. JOHN DEERE: OPERATING SEGMENTS
  • TABLE 122. JOHN DEERE: PRODUCT PORTFOLIO
  • TABLE 123. JOHN DEERE: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 124. VOLVO: KEY EXECUTIVES
  • TABLE 125. VOLVO: COMPANY SNAPSHOT
  • TABLE 126. VOLVO: OPERATING SEGMENTS
  • TABLE 127. VOLVO: PRODUCT PORTFOLIO
  • TABLE 128. VOLVO: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 129. ATLAS COPCO: KEY EXECUTIVES
  • TABLE 130. ATLAS COPCO: COMPANY SNAPSHOT
  • TABLE 131. ATLAS COPCO: OPERATING SEGMENTS
  • TABLE 132. ATLAS COPCO: PRODUCT PORTFOLIO
  • TABLE 133. ATLAS COPCO: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 134. SUNWARD: KEY EXECUTIVES
  • TABLE 135. SUNWARD: COMPANY SNAPSHOT
  • TABLE 136. SUNWARD: OPERATING SEGMENTS
  • TABLE 137. SUNWARD: PRODUCT PORTFOLIO
  • TABLE 138. SUNWARD: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 139. DOOSAN CORPORATION: KEY EXECUTIVES
  • TABLE 140. DOOSAN CORPORATION: COMPANY SNAPSHOT
  • TABLE 141. DOOSAN CORPORATION: OPERATING SEGMENTS
  • TABLE 142. DOOSAN CORPORATION: PRODUCT PORTFOLIO
  • TABLE 143. DOOSAN CORPORATION: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 144. MERLO J C BAMFORD EXCAVATORS LTD.: KEY EXECUTIVES
  • TABLE 145. MERLO J C BAMFORD EXCAVATORS LTD.: COMPANY SNAPSHOT
  • TABLE 146. MERLO J C BAMFORD EXCAVATORS LTD.: OPERATING SEGMENTS
  • TABLE 147. MERLO J C BAMFORD EXCAVATORS LTD.: PRODUCT PORTFOLIO
  • TABLE 148. MERLO J C BAMFORD EXCAVATORS LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
  • TABLE 149. CNH INDUSTRIAL N.V.: KEY EXECUTIVES
  • TABLE 150. CNH INDUSTRIAL N.V.: COMPANY SNAPSHOT
  • TABLE 151. CNH INDUSTRIAL N.V.: OPERATING SEGMENTS
  • TABLE 152. CNH INDUSTRIAL N.V.: PRODUCT PORTFOLIO
  • TABLE 153. CNH INDUSTRIAL N.V.: KEY STRATEGIC MOVES AND DEVELOPMENTS

  • LIST OF FIGURES

  • FIGURE 1. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET SEGMENTATION
  • FIGURE 2. GLOBAL CONSTRUCTION ELECTRIC VEHICLE MARKET
  • FIGURE 3. SEGMENTATION CONSTRUCTION ELECTRIC VEHICLE MARKET
  • FIGURE 4. TOP INVESTMENT POCKET IN CONSTRUCTION ELECTRIC VEHICLE MARKET
  • FIGURE 5. MODERATE BARGAINING POWER OF BUYERS
  • FIGURE 6. MODERATE BARGAINING POWER OF SUPPLIERS
  • FIGURE 7. MODERATE THREAT OF NEW ENTRANTS
  • FIGURE 8. LOW THREAT OF SUBSTITUTION
  • FIGURE 9. HIGH COMPETITIVE RIVALRY
  • FIGURE 10. OPPORTUNITIES, RESTRAINTS AND DRIVERS: GLOBALCONSTRUCTION ELECTRIC VEHICLE MARKET
  • FIGURE 11. CONSTRUCTION ELECTRIC VEHICLE MARKET SEGMENTATION, BY BY TYPE
  • FIGURE 12. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR HYBRID, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 13. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR PURE-ELECTRIC, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 14. CONSTRUCTION ELECTRIC VEHICLE MARKET SEGMENTATION, BY BY PROPULSION TYPE
  • FIGURE 15. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR BATTERY ELECTRIC VEHICLE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 16. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR PLUG-IN ELECTRIC VEHICLE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 17. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR FUEL CELL ELECTRIC VEHICLE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 18. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR HYBRID ELECTRIC VEHICLE, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 19. CONSTRUCTION ELECTRIC VEHICLE MARKET SEGMENTATION, BY BY CHARGING TYPE
  • FIGURE 20. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR NORMAL CHARGING, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 21. CONSTRUCTION ELECTRIC VEHICLE MARKET FOR FAST CHARGING, BY COUNTRY, 2022-2032 ($MILLION)
  • FIGURE 22. TOP WINNING STRATEGIES, BY YEAR, 2020-2022*
  • FIGURE 23. TOP WINNING STRATEGIES, BY DEVELOPMENT, 2020-2022*
  • FIGURE 24. TOP WINNING STRATEGIES, BY COMPANY, 2020-2022*
  • FIGURE 25. PRODUCT MAPPING OF TOP 10 PLAYERS
  • FIGURE 26. COMPETITIVE DASHBOARD
  • FIGURE 27. COMPETITIVE HEATMAP: CONSTRUCTION ELECTRIC VEHICLE MARKET
  • FIGURE 28. Top player positioning, 2022
  • FIGURE 29. KOMATSU: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 30. KOMATSU: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 31. KOMATSU: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 32. CATERPILLAR: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 33. CATERPILLAR: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 34. CATERPILLAR: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 35. HITACHI: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 36. HITACHI: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 37. HITACHI: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 38. JOHN DEERE: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 39. JOHN DEERE: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 40. JOHN DEERE: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 41. VOLVO: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 42. VOLVO: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 43. VOLVO: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 44. ATLAS COPCO: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 45. ATLAS COPCO: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 46. ATLAS COPCO: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 47. SUNWARD: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 48. SUNWARD: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 49. SUNWARD: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 50. DOOSAN CORPORATION: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 51. DOOSAN CORPORATION: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 52. DOOSAN CORPORATION: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 53. MERLO J C BAMFORD EXCAVATORS LTD.: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 54. MERLO J C BAMFORD EXCAVATORS LTD.: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 55. MERLO J C BAMFORD EXCAVATORS LTD.: REVENUE SHARE, BY REGION, 2032 (%)
  • FIGURE 56. CNH INDUSTRIAL N.V.: NET SALES, 2020-2022 ($MILLION)
  • FIGURE 57. CNH INDUSTRIAL N.V.: REVENUE SHARE, BY SEGMENT, 2032 (%)
  • FIGURE 58. CNH INDUSTRIAL N.V.: REVENUE SHARE, BY REGION, 2032 (%)

 
 
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