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Global Off-highway Electric Vehicles Market Size, Share & Trends Analysis Report By Propulsion (Battery Electric Vehicle (BEV) and Hybrid Electric Vehicle (HEV)), By Application, By Battery Type, By Regional Outlook and Forecast, 2025 - 2032

Published Date : 24-Apr-2025

Pages: 260

Report Format: PDF + Excel

The Global Off-highway Electric Vehicles Market size is expected to reach $32.93 billion by 2032, rising at a market growth of 21.3% CAGR during the forecast period.

The Europe segment recorded 34% revenue share in the market in 2024. The region’s strong emphasis on sustainability, stringent emission regulations, and government incentives for electrification have significantly contributed to this growth. European countries, including Germany, France, and the Netherlands, have been at the forefront of adopting electric construction, agricultural, and mining equipment.

Off-highway Electric Vehicles Market Size - Global Opportunities and Trends Analysis Report 2021-2032

The major strategies followed by the market participants are Product Launches as the key developmental strategy to keep pace with the changing demands of end users. For instance, In January, 2025, Komatsu Ltd. unveiled a new autonomous electric underwater bulldozer, designed for submerged construction and dredging. This innovative machine enhances underwater operations with zero emissions and remote control capabilities. It aims to improve efficiency and safety in marine environments, advancing sustainable construction technology for underwater infrastructure projects. Additionally, In September, 2024, Volvo Construction Equipment AB unveiled a new FH Electric truck capable of traveling up to 600 km on a single charge, enabling zero-emission long-distance transport. This advancement allows transport companies to operate electric trucks on interregional and long-distance routes, driving a full working day without recharging.

KBV Cardinal Matrix - Market Competition Analysis

Based on the Analysis presented in the KBV Cardinal matrix; Caterpillar, Inc. and Deere & Company are the forerunners in the Off-highway Electric Vehicles Market. In February, 2023, Deere & Company unveiled new E-Drive and E-Power machines, expanding its equipment lineup with advanced electric and hybrid options. These innovations enhance efficiency, sustainability, and performance, offering customers more choices for eco-friendly operations. The latest models reflect Deere’s commitment to cutting-edge technology and reducing environmental impact in construction and agriculture. Companies such as Volvo Construction Equipment AB, Komatsu Ltd., and CNH Industrial N.V. are some of the key innovators in Off-highway Electric Vehicles Market.

Off-highway Electric Vehicles Market - Competitive Landscape and Trends by Forecast 2032

Market Growth Factors

The increasing awareness of climate change and the need for sustainable development are pushing industries to adopt eco-friendly equipment, including off-highway electric vehicles (OHEVs). Traditional diesel-powered machinery contributes significantly to greenhouse gas (GHG) emissions, air pollution, and noise pollution. In contrast, electric alternatives offer a cleaner and quieter operational environment, aligning with global sustainability initiatives. Hence, the growing demand for sustainable and eco-friendly equipment propels the market's growth.

Additionally, Governments worldwide are implementing stricter emission regulations to curb construction, mining, and agriculture pollution, which has historically relied on diesel-powered machinery. Regulations such as the European Union’s Stage V emission standards and the U.S. EPA Tier 4 Final standards impose stringent limits on nitrogen oxides (NOx), particulate matter (PM), and carbon emissions. In conclusion, increasing stringent emission regulations drive the adoption of off-highway electric vehicles.

Market Restraining Factors

However, one of the biggest barriers to adopting OHEVs is their high upfront cost. The purchase price of an electric construction or agricultural vehicle is significantly higher than that of a diesel-powered counterpart due to the high cost of battery technology and advanced electric drivetrains. Batteries constitute a substantial portion of an electric vehicle’s total cost, and while prices are gradually decreasing, they remain a financial burden for many businesses. In conclusion, the high initial investment and capital costs associated with off-highway electric vehicles impede the market's growth.

Off-highway Electric Vehicles Market Share 2024

The leading players in the market are competing with diverse innovative offerings to remain competitive in the market. The above illustration shows the percentage of revenue shared by some of the leading companies in the market. The leading players of the market are adopting various strategies in order to cater demand coming from the different industries. The key developmental strategies in the market are Product Launches and Product Expansions.

Free Valuable Insights: Global Off-highway Electric Vehicles Market size to reach USD 32.93 Billion by 2032

Propulsion Outlook

Based on propulsion, the market is characterized into battery electric vehicle (BEV) and hybrid electric vehicle (HEV). The hybrid electric vehicle (HEV) segment procured 48% revenue share in the market in 2024. The demand for hybrid solutions has been driven by the need for fuel efficiency, reduced emissions, and enhanced operational flexibility. HEVs provide an optimal balance between conventional and electric power, making them suitable for heavy-duty applications where continuous power supply is essential.

Application Outlook

By application, the market is divided into construction, agriculture, and mining. The construction segment garnered 23% revenue share in the market in 2024. The growing focus on reducing carbon emissions and enhancing operational efficiency on construction sites has led to a surge in demand for electric excavators, loaders, and dump trucks. Construction companies are increasingly adopting electric vehicles to meet regulatory compliance, lower maintenance costs, and improve productivity.

Off-highway Electric Vehicles Market Share and Industry Analysis Report 2024

Battery Type Outlook

On the basis of battery type, the market is classified into li-ion and lead-acid. The lead-acid segment recorded 39% revenue share in the market in 2024. Lead-acid batteries are widely used for their cost-effectiveness, reliability, and ability to deliver consistent power for various industrial applications. These batteries are particularly favoured in applications where affordability and robustness are prioritized over high energy density.

Market Competition and Attributes

Off-highway Electric Vehicles Market Competition and Attributes

The Off-highway Electric Vehicles Market is highly fragmented and competitive, driven by startups and regional firms offering specialized solutions. These players focus on securing specific IoT layers like device authentication, data encryption, and network protection. Innovation, affordability, and adaptability to evolving threats define competition, enabling agile companies to address niche demands and gain traction in emerging IoT ecosystems.

Regional Outlook

Region-wise, the market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The Asia Pacific segment witnessed 27% revenue share in the market in 2024. Rapid industrialization, growing construction activities, and increasing adoption of electric machinery in agriculture have driven demand for off-highway electric vehicles in countries such as China, India, and Japan. Government initiatives promoting sustainable infrastructure development and electrification of industrial equipment have further supported market growth.

Off-highway Electric Vehicles Market Report Coverage
Report Attribute Details
Market size value in 2024 USD 7.36 Billion
Market size forecast in 2032 USD 32.93 Billion
Base Year 2024
Historical Period 2021 to 2023
Forecast Period 2025 to 2032
Revenue Growth Rate CAGR of 21.3% from 2025 to 2032
Number of Pages 260
Number of Tables 332
Report coverage Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Competitive Landscape, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives
Segments covered Propulsion, Application, Battery Type, Region
Country scope
  • North America (US, Canada, Mexico, and Rest of North America)
  • Europe (Germany, UK, France, Russia, Netherlands, Italy, and Rest of Europe)
  • Asia Pacific (Japan, China, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific)
  • LAMEA (Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA)
Companies Included

Caterpillar, Inc., CNH Industrial N.V., Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.), J C Bamford Excavators Ltd., Komatsu Ltd., Volvo Construction Equipment AB (Volvo Group), Deere & Company, Doosan Corporation, Sandvik AB, and Epiroc AB

Recent Strategies Deployed in the Market

  • May-2024: Komatsu Ltd. unveiled three new mini-electric vehicles (EVs), expanding its lineup of hybrid-electric machinery. These compact EVs aim to enhance efficiency and sustainability in construction. The launch aligns with Komatsu’s commitment to reducing emissions while offering powerful, eco-friendly alternatives for urban and small-scale construction projects.
  • May-2024: Volvo Construction Equipment AB unveiled a new lineup of electric machines, including the EWR150 Electric electric wheeled excavators the L120 Electric wheel loaders, and L90 Electric.
  • Jan-2024: Caterpillar, Inc. partnered with CRH to advance electric off-highway trucks and charging solutions. This collaboration supports CRH’s decarbonization efforts by integrating Caterpillar’s sustainable equipment and infrastructure solutions, enhancing efficiency and reducing emissions in construction and mining operations.
  • Jan-2024: Volvo Construction Equipment AB unveiled its first electric material handler, the EW240 Electric, designed for industrial applications like waste management and recycling. Featuring zero emissions, reduced noise, and lower operating costs, the machine enhances sustainability while maintaining high performance. It marks Volvo CE’s commitment to electrification in heavy equipment.
  • Dec-2021: Sandvik AB teamed up with Boliden to conduct Europe’s first trial of a battery-electric vehicle (BEV) loader. This aims to enhancse sustainability and efficiency in underground mining by testing Sandvik’s innovative BEV technology, reducing emissions, and improving productivity in real-world mining operations.

List of Key Companies Profiled

  • Caterpillar, Inc.
  • CNH Industrial N.V.
  • Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.)
  • J C Bamford Excavators Ltd.
  • Komatsu Ltd.
  • Volvo Construction Equipment AB (Volvo Group)
  • Deere & Company
  • Doosan Corporation
  • Sandvik AB
  • Epiroc AB

Off-highway Electric Vehicles Market Report Segmentation

By Propulsion

  • Battery Electric Vehicle (BEV)
  • Hybrid Electric Vehicle (HEV)

By Application

  • Agriculture
  • Mining
  • Construction

By Battery Type

  • Li-ion
  • Lead-acid

By Geography

  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Netherlands
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Saudi Arabia
    • South Africa
    • Nigeria
  • Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Off-highway Electric Vehicles Market, by Propulsion
1.4.2 Global Off-highway Electric Vehicles Market, by Application
1.4.3 Global Off-highway Electric Vehicles Market, by Battery Type
1.4.4 Global Off-highway Electric Vehicles Market, by Geography
1.5 Methodology for the research

Chapter 2. Market at a Glance
2.1 Key Highlights

Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges

Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Jun – 2025, Jan) Leading Players
4.5 Porter Five Forces Analysis

Chapter 5. Global Off-highway Electric Vehicles Market by Propulsion
5.1 Global Battery Electric Vehicle (BEV) Market by Region
5.2 Global Hybrid Electric Vehicle (HEV) Market by Region

Chapter 6. Global Off-highway Electric Vehicles Market by Application
6.1 Global Agriculture Market by Region
6.2 Global Mining Market by Region
6.3 Global Construction Market by Region

Chapter 7. Global Off-highway Electric Vehicles Market by Battery Type
7.1 Global Li-ion Market by Region
7.2 Global Lead-acid Market by Region

Chapter 8. Global Off-highway Electric Vehicles Market by Region
8.1 North America Off-highway Electric Vehicles Market
8.1.1 North America Off-highway Electric Vehicles Market by Propulsion
8.1.1.1 North America Battery Electric Vehicle (BEV) Market by Region
8.1.1.2 North America Hybrid Electric Vehicle (HEV) Market by Region
8.1.2 North America Off-highway Electric Vehicles Market by Application
8.1.2.1 North America Agriculture Market by Country
8.1.2.2 North America Mining Market by Country
8.1.2.3 North America Construction Market by Country
8.1.3 North America Off-highway Electric Vehicles Market by Battery Type
8.1.3.1 North America Li-ion Market by Country
8.1.3.2 North America Lead-acid Market by Country
8.1.4 North America Off-highway Electric Vehicles Market by Country
8.1.4.1 US Off-highway Electric Vehicles Market
8.1.4.1.1 US Off-highway Electric Vehicles Market by Propulsion
8.1.4.1.2 US Off-highway Electric Vehicles Market by Application
8.1.4.1.3 US Off-highway Electric Vehicles Market by Battery Type
8.1.4.2 Canada Off-highway Electric Vehicles Market
8.1.4.2.1 Canada Off-highway Electric Vehicles Market by Propulsion
8.1.4.2.2 Canada Off-highway Electric Vehicles Market by Application
8.1.4.2.3 Canada Off-highway Electric Vehicles Market by Battery Type
8.1.4.3 Mexico Off-highway Electric Vehicles Market
8.1.4.3.1 Mexico Off-highway Electric Vehicles Market by Propulsion
8.1.4.3.2 Mexico Off-highway Electric Vehicles Market by Application
8.1.4.3.3 Mexico Off-highway Electric Vehicles Market by Battery Type
8.1.4.4 Rest of North America Off-highway Electric Vehicles Market
8.1.4.4.1 Rest of North America Off-highway Electric Vehicles Market by Propulsion
8.1.4.4.2 Rest of North America Off-highway Electric Vehicles Market by Application
8.1.4.4.3 Rest of North America Off-highway Electric Vehicles Market by Battery Type
8.2 Europe Off-highway Electric Vehicles Market
8.2.1 Europe Off-highway Electric Vehicles Market by Propulsion
8.2.1.1 Europe Battery Electric Vehicle (BEV) Market by Country
8.2.1.2 Europe Hybrid Electric Vehicle (HEV) Market by Country
8.2.2 Europe Off-highway Electric Vehicles Market by Application
8.2.2.1 Europe Agriculture Market by Country
8.2.2.2 Europe Mining Market by Country
8.2.2.3 Europe Construction Market by Country
8.2.3 Europe Off-highway Electric Vehicles Market by Battery Type
8.2.3.1 Europe Li-ion Market by Country
8.2.3.2 Europe Lead-acid Market by Country
8.2.4 Europe Off-highway Electric Vehicles Market by Country
8.2.4.1 Germany Off-highway Electric Vehicles Market
8.2.4.1.1 Germany Off-highway Electric Vehicles Market by Propulsion
8.2.4.1.2 Germany Off-highway Electric Vehicles Market by Application
8.2.4.1.3 Germany Off-highway Electric Vehicles Market by Battery Type
8.2.4.2 UK Off-highway Electric Vehicles Market
8.2.4.2.1 UK Off-highway Electric Vehicles Market by Propulsion
8.2.4.2.2 UK Off-highway Electric Vehicles Market by Application
8.2.4.2.3 UK Off-highway Electric Vehicles Market by Battery Type
8.2.4.3 France Off-highway Electric Vehicles Market
8.2.4.3.1 France Off-highway Electric Vehicles Market by Propulsion
8.2.4.3.2 France Off-highway Electric Vehicles Market by Application
8.2.4.3.3 France Off-highway Electric Vehicles Market by Battery Type
8.2.4.4 Russia Off-highway Electric Vehicles Market
8.2.4.4.1 Russia Off-highway Electric Vehicles Market by Propulsion
8.2.4.4.2 Russia Off-highway Electric Vehicles Market by Application
8.2.4.4.3 Russia Off-highway Electric Vehicles Market by Battery Type
8.2.4.5 Netherlands Off-highway Electric Vehicles Market
8.2.4.5.1 Netherlands Off-highway Electric Vehicles Market by Propulsion
8.2.4.5.2 Netherlands Off-highway Electric Vehicles Market by Application
8.2.4.5.3 Netherlands Off-highway Electric Vehicles Market by Battery Type
8.2.4.6 Italy Off-highway Electric Vehicles Market
8.2.4.6.1 Italy Off-highway Electric Vehicles Market by Propulsion
8.2.4.6.2 Italy Off-highway Electric Vehicles Market by Application
8.2.4.6.3 Italy Off-highway Electric Vehicles Market by Battery Type
8.2.4.7 Rest of Europe Off-highway Electric Vehicles Market
8.2.4.7.1 Rest of Europe Off-highway Electric Vehicles Market by Propulsion
8.2.4.7.2 Rest of Europe Off-highway Electric Vehicles Market by Application
8.2.4.7.3 Rest of Europe Off-highway Electric Vehicles Market by Battery Type
8.3 Asia Pacific Off-highway Electric Vehicles Market
8.3.1 Asia Pacific Off-highway Electric Vehicles Market by Propulsion
8.3.1.1 Asia Pacific Battery Electric Vehicle (BEV) Market by Country
8.3.1.2 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country
8.3.2 Asia Pacific Off-highway Electric Vehicles Market by Application
8.3.2.1 Asia Pacific Agriculture Market by Country
8.3.2.2 Asia Pacific Mining Market by Country
8.3.2.3 Asia Pacific Construction Market by Country
8.3.3 Asia Pacific Off-highway Electric Vehicles Market by Battery Type
8.3.3.1 Asia Pacific Li-ion Market by Country
8.3.3.2 Asia Pacific Lead-acid Market by Country
8.3.4 Asia Pacific Off-highway Electric Vehicles Market by Country
8.3.4.1 China Off-highway Electric Vehicles Market
8.3.4.1.1 China Off-highway Electric Vehicles Market by Propulsion
8.3.4.1.2 China Off-highway Electric Vehicles Market by Application
8.3.4.1.3 China Off-highway Electric Vehicles Market by Battery Type
8.3.4.2 Japan Off-highway Electric Vehicles Market
8.3.4.2.1 Japan Off-highway Electric Vehicles Market by Propulsion
8.3.4.2.2 Japan Off-highway Electric Vehicles Market by Application
8.3.4.2.3 Japan Off-highway Electric Vehicles Market by Battery Type
8.3.4.3 India Off-highway Electric Vehicles Market
8.3.4.3.1 India Off-highway Electric Vehicles Market by Propulsion
8.3.4.3.2 India Off-highway Electric Vehicles Market by Application
8.3.4.3.3 India Off-highway Electric Vehicles Market by Battery Type
8.3.4.4 South Korea Off-highway Electric Vehicles Market
8.3.4.4.1 South Korea Off-highway Electric Vehicles Market by Propulsion
8.3.4.4.2 South Korea Off-highway Electric Vehicles Market by Application
8.3.4.4.3 South Korea Off-highway Electric Vehicles Market by Battery Type
8.3.4.5 Australia Off-highway Electric Vehicles Market
8.3.4.5.1 Australia Off-highway Electric Vehicles Market by Propulsion
8.3.4.5.2 Australia Off-highway Electric Vehicles Market by Application
8.3.4.5.3 Australia Off-highway Electric Vehicles Market by Battery Type
8.3.4.6 Malaysia Off-highway Electric Vehicles Market
8.3.4.6.1 Malaysia Off-highway Electric Vehicles Market by Propulsion
8.3.4.6.2 Malaysia Off-highway Electric Vehicles Market by Application
8.3.4.6.3 Malaysia Off-highway Electric Vehicles Market by Battery Type
8.3.4.7 Rest of Asia Pacific Off-highway Electric Vehicles Market
8.3.4.7.1 Rest of Asia Pacific Off-highway Electric Vehicles Market by Propulsion
8.3.4.7.2 Rest of Asia Pacific Off-highway Electric Vehicles Market by Application
8.3.4.7.3 Rest of Asia Pacific Off-highway Electric Vehicles Market by Battery Type
8.4 LAMEA Off-highway Electric Vehicles Market
8.4.1 LAMEA Off-highway Electric Vehicles Market by Propulsion
8.4.1.1 LAMEA Battery Electric Vehicle (BEV) Market by Country
8.4.1.2 LAMEA Hybrid Electric Vehicle (HEV) Market by Country
8.4.2 LAMEA Off-highway Electric Vehicles Market by Application
8.4.2.1 LAMEA Agriculture Market by Country
8.4.2.2 LAMEA Mining Market by Country
8.4.2.3 LAMEA Construction Market by Country
8.4.3 LAMEA Off-highway Electric Vehicles Market by Battery Type
8.4.3.1 LAMEA Li-ion Market by Country
8.4.3.2 LAMEA Lead-acid Market by Country
8.4.4 LAMEA Off-highway Electric Vehicles Market by Country
8.4.4.1 Brazil Off-highway Electric Vehicles Market
8.4.4.1.1 Brazil Off-highway Electric Vehicles Market by Propulsion
8.4.4.1.2 Brazil Off-highway Electric Vehicles Market by Application
8.4.4.1.3 Brazil Off-highway Electric Vehicles Market by Battery Type
8.4.4.2 Argentina Off-highway Electric Vehicles Market
8.4.4.2.1 Argentina Off-highway Electric Vehicles Market by Propulsion
8.4.4.2.2 Argentina Off-highway Electric Vehicles Market by Application
8.4.4.2.3 Argentina Off-highway Electric Vehicles Market by Battery Type
8.4.4.3 UAE Off-highway Electric Vehicles Market
8.4.4.3.1 UAE Off-highway Electric Vehicles Market by Propulsion
8.4.4.3.2 UAE Off-highway Electric Vehicles Market by Application
8.4.4.3.3 UAE Off-highway Electric Vehicles Market by Battery Type
8.4.4.4 Saudi Arabia Off-highway Electric Vehicles Market
8.4.4.4.1 Saudi Arabia Off-highway Electric Vehicles Market by Propulsion
8.4.4.4.2 Saudi Arabia Off-highway Electric Vehicles Market by Application
8.4.4.4.3 Saudi Arabia Off-highway Electric Vehicles Market by Battery Type
8.4.4.5 South Africa Off-highway Electric Vehicles Market
8.4.4.5.1 South Africa Off-highway Electric Vehicles Market by Propulsion
8.4.4.5.2 South Africa Off-highway Electric Vehicles Market by Application
8.4.4.5.3 South Africa Off-highway Electric Vehicles Market by Battery Type
8.4.4.6 Nigeria Off-highway Electric Vehicles Market
8.4.4.6.1 Nigeria Off-highway Electric Vehicles Market by Propulsion
8.4.4.6.2 Nigeria Off-highway Electric Vehicles Market by Application
8.4.4.6.3 Nigeria Off-highway Electric Vehicles Market by Battery Type
8.4.4.7 Rest of LAMEA Off-highway Electric Vehicles Market
8.4.4.7.1 Rest of LAMEA Off-highway Electric Vehicles Market by Propulsion
8.4.4.7.2 Rest of LAMEA Off-highway Electric Vehicles Market by Application
8.4.4.7.3 Rest of LAMEA Off-highway Electric Vehicles Market by Battery Type

Chapter 9. Company Profiles
9.1 Caterpillar, Inc.
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 CNH Industrial N.V
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 SWOT Analysis
9.3 Hitachi Construction Machinery Co., Ltd. (Hitachi, Ltd.)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 SWOT Analysis
9.4 J C Bamford Excavators Ltd.
9.4.1 Company Overview
9.4.2 SWOT Analysis
9.5 Komatsu Ltd.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.5.6 SWOT Analysis
9.6 Volvo Construction Equipment AB (Volvo Group)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expense
9.6.5 Recent strategies and developments:
9.6.5.1 Product Launches and Product Expansions:
9.7 Deere & Company
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Segmental and Regional Analysis
9.7.4 Research & Development Expenses
9.7.5 Recent strategies and developments:
9.7.5.1 Product Launches and Product Expansions:
9.7.6 SWOT Analysis
9.8 Doosan Corporation
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Research & Development Expenses
9.8.5 SWOT Analysis
9.9 Sandvik AB
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Research & Development Expenses
9.9.5 Recent strategies and developments:
9.9.5.1 Partnerships, Collaborations, and Agreements:
9.9.6 SWOT Analysis
9.10. Epiroc AB
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 SWOT Analysis

Chapter 10. Winning Imperatives of Off-highway Electric Vehicles Market
TABLE 1 Global Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 2 Global Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Off-highway Electric Vehicles Market
TABLE 4 Product Launches And Product Expansions– Off-highway Electric Vehicles Market
TABLE 5 Global Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 6 Global Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 7 Global Battery Electric Vehicle (BEV) Market by Region, 2021 - 2024, USD Million
TABLE 8 Global Battery Electric Vehicle (BEV) Market by Region, 2025 - 2032, USD Million
TABLE 9 Global Hybrid Electric Vehicle (HEV) Market by Region, 2021 - 2024, USD Million
TABLE 10 Global Hybrid Electric Vehicle (HEV) Market by Region, 2025 - 2032, USD Million
TABLE 11 Global Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 12 Global Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 13 Global Agriculture Market by Region, 2021 - 2024, USD Million
TABLE 14 Global Agriculture Market by Region, 2025 - 2032, USD Million
TABLE 15 Global Mining Market by Region, 2021 - 2024, USD Million
TABLE 16 Global Mining Market by Region, 2025 - 2032, USD Million
TABLE 17 Global Construction Market by Region, 2021 - 2024, USD Million
TABLE 18 Global Construction Market by Region, 2025 - 2032, USD Million
TABLE 19 Global Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 20 Global Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 21 Global Li-ion Market by Region, 2021 - 2024, USD Million
TABLE 22 Global Li-ion Market by Region, 2025 - 2032, USD Million
TABLE 23 Global Lead-acid Market by Region, 2021 - 2024, USD Million
TABLE 24 Global Lead-acid Market by Region, 2025 - 2032, USD Million
TABLE 25 Global Off-highway Electric Vehicles Market by Region, 2021 - 2024, USD Million
TABLE 26 Global Off-highway Electric Vehicles Market by Region, 2025 - 2032, USD Million
TABLE 27 North America Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 28 North America Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 29 North America Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 30 North America Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 31 North America Battery Electric Vehicle (BEV) Market by Region, 2021 - 2024, USD Million
TABLE 32 North America Battery Electric Vehicle (BEV) Market by Region, 2025 - 2032, USD Million
TABLE 33 North America Hybrid Electric Vehicle (HEV) Market by Region, 2021 - 2024, USD Million
TABLE 34 North America Hybrid Electric Vehicle (HEV) Market by Region, 2025 - 2032, USD Million
TABLE 35 North America Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 36 North America Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 37 North America Agriculture Market by Country, 2021 - 2024, USD Million
TABLE 38 North America Agriculture Market by Country, 2025 - 2032, USD Million
TABLE 39 North America Mining Market by Country, 2021 - 2024, USD Million
TABLE 40 North America Mining Market by Country, 2025 - 2032, USD Million
TABLE 41 North America Construction Market by Country, 2021 - 2024, USD Million
TABLE 42 North America Construction Market by Country, 2025 - 2032, USD Million
TABLE 43 North America Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 44 North America Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 45 North America Li-ion Market by Country, 2021 - 2024, USD Million
TABLE 46 North America Li-ion Market by Country, 2025 - 2032, USD Million
TABLE 47 North America Lead-acid Market by Country, 2021 - 2024, USD Million
TABLE 48 North America Lead-acid Market by Country, 2025 - 2032, USD Million
TABLE 49 North America Off-highway Electric Vehicles Market by Country, 2021 - 2024, USD Million
TABLE 50 North America Off-highway Electric Vehicles Market by Country, 2025 - 2032, USD Million
TABLE 51 US Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 52 US Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 53 US Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 54 US Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 55 US Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 56 US Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 57 US Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 58 US Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 59 Canada Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 60 Canada Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 61 Canada Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 62 Canada Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 63 Canada Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 64 Canada Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 65 Canada Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 66 Canada Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 67 Mexico Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 68 Mexico Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 69 Mexico Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 70 Mexico Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 71 Mexico Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 72 Mexico Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 73 Mexico Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 74 Mexico Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 75 Rest of North America Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 76 Rest of North America Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 77 Rest of North America Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 78 Rest of North America Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 79 Rest of North America Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 80 Rest of North America Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 81 Rest of North America Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 82 Rest of North America Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 83 Europe Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 84 Europe Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 85 Europe Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 86 Europe Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 87 Europe Battery Electric Vehicle (BEV) Market by Country, 2021 - 2024, USD Million
TABLE 88 Europe Battery Electric Vehicle (BEV) Market by Country, 2025 - 2032, USD Million
TABLE 89 Europe Hybrid Electric Vehicle (HEV) Market by Country, 2021 - 2024, USD Million
TABLE 90 Europe Hybrid Electric Vehicle (HEV) Market by Country, 2025 - 2032, USD Million
TABLE 91 Europe Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 92 Europe Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 93 Europe Agriculture Market by Country, 2021 - 2024, USD Million
TABLE 94 Europe Agriculture Market by Country, 2025 - 2032, USD Million
TABLE 95 Europe Mining Market by Country, 2021 - 2024, USD Million
TABLE 96 Europe Mining Market by Country, 2025 - 2032, USD Million
TABLE 97 Europe Construction Market by Country, 2021 - 2024, USD Million
TABLE 98 Europe Construction Market by Country, 2025 - 2032, USD Million
TABLE 99 Europe Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 100 Europe Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 101 Europe Li-ion Market by Country, 2021 - 2024, USD Million
TABLE 102 Europe Li-ion Market by Country, 2025 - 2032, USD Million
TABLE 103 Europe Lead-acid Market by Country, 2021 - 2024, USD Million
TABLE 104 Europe Lead-acid Market by Country, 2025 - 2032, USD Million
TABLE 105 Europe Off-highway Electric Vehicles Market by Country, 2021 - 2024, USD Million
TABLE 106 Europe Off-highway Electric Vehicles Market by Country, 2025 - 2032, USD Million
TABLE 107 Germany Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 108 Germany Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 109 Germany Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 110 Germany Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 111 Germany Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 112 Germany Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 113 Germany Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 114 Germany Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 115 UK Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 116 UK Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 117 UK Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 118 UK Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 119 UK Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 120 UK Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 121 UK Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 122 UK Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 123 France Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 124 France Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 125 France Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 126 France Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 127 France Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 128 France Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 129 France Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 130 France Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 131 Russia Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 132 Russia Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 133 Russia Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 134 Russia Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 135 Russia Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 136 Russia Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 137 Russia Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 138 Russia Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 139 Netherlands Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 140 Netherlands Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 141 Netherlands Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 142 Netherlands Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 143 Netherlands Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 144 Netherlands Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 145 Netherlands Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 146 Netherlands Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 147 Italy Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 148 Italy Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 149 Italy Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 150 Italy Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 151 Italy Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 152 Italy Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 153 Italy Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 154 Italy Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 155 Rest of Europe Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 156 Rest of Europe Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 157 Rest of Europe Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 158 Rest of Europe Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 159 Rest of Europe Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 160 Rest of Europe Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 161 Rest of Europe Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 162 Rest of Europe Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 163 Asia Pacific Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 164 Asia Pacific Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 165 Asia Pacific Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 166 Asia Pacific Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 167 Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2021 - 2024, USD Million
TABLE 168 Asia Pacific Battery Electric Vehicle (BEV) Market by Country, 2025 - 2032, USD Million
TABLE 169 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country, 2021 - 2024, USD Million
TABLE 170 Asia Pacific Hybrid Electric Vehicle (HEV) Market by Country, 2025 - 2032, USD Million
TABLE 171 Asia Pacific Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 172 Asia Pacific Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 173 Asia Pacific Agriculture Market by Country, 2021 - 2024, USD Million
TABLE 174 Asia Pacific Agriculture Market by Country, 2025 - 2032, USD Million
TABLE 175 Asia Pacific Mining Market by Country, 2021 - 2024, USD Million
TABLE 176 Asia Pacific Mining Market by Country, 2025 - 2032, USD Million
TABLE 177 Asia Pacific Construction Market by Country, 2021 - 2024, USD Million
TABLE 178 Asia Pacific Construction Market by Country, 2025 - 2032, USD Million
TABLE 179 Asia Pacific Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 180 Asia Pacific Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 181 Asia Pacific Li-ion Market by Country, 2021 - 2024, USD Million
TABLE 182 Asia Pacific Li-ion Market by Country, 2025 - 2032, USD Million
TABLE 183 Asia Pacific Lead-acid Market by Country, 2021 - 2024, USD Million
TABLE 184 Asia Pacific Lead-acid Market by Country, 2025 - 2032, USD Million
TABLE 185 Asia Pacific Off-highway Electric Vehicles Market by Country, 2021 - 2024, USD Million
TABLE 186 Asia Pacific Off-highway Electric Vehicles Market by Country, 2025 - 2032, USD Million
TABLE 187 China Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 188 China Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 189 China Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 190 China Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 191 China Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 192 China Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 193 China Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 194 China Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 195 Japan Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 196 Japan Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 197 Japan Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 198 Japan Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 199 Japan Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 200 Japan Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 201 Japan Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 202 Japan Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 203 India Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 204 India Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 205 India Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 206 India Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 207 India Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 208 India Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 209 India Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 210 India Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 211 South Korea Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 212 South Korea Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 213 South Korea Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 214 South Korea Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 215 South Korea Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 216 South Korea Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 217 South Korea Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 218 South Korea Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 219 Australia Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 220 Australia Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 221 Australia Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 222 Australia Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 223 Australia Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 224 Australia Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 225 Australia Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 226 Australia Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 227 Malaysia Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 228 Malaysia Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 229 Malaysia Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 230 Malaysia Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 231 Malaysia Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 232 Malaysia Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 233 Malaysia Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 234 Malaysia Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 235 Rest of Asia Pacific Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 236 Rest of Asia Pacific Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 237 Rest of Asia Pacific Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 238 Rest of Asia Pacific Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 239 Rest of Asia Pacific Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 240 Rest of Asia Pacific Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 241 Rest of Asia Pacific Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 242 Rest of Asia Pacific Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 243 LAMEA Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 244 LAMEA Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 245 LAMEA Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 246 LAMEA Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 247 LAMEA Battery Electric Vehicle (BEV) Market by Country, 2021 - 2024, USD Million
TABLE 248 LAMEA Battery Electric Vehicle (BEV) Market by Country, 2025 - 2032, USD Million
TABLE 249 LAMEA Hybrid Electric Vehicle (HEV) Market by Country, 2021 - 2024, USD Million
TABLE 250 LAMEA Hybrid Electric Vehicle (HEV) Market by Country, 2025 - 2032, USD Million
TABLE 251 LAMEA Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 252 LAMEA Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 253 LAMEA Agriculture Market by Country, 2021 - 2024, USD Million
TABLE 254 LAMEA Agriculture Market by Country, 2025 - 2032, USD Million
TABLE 255 LAMEA Mining Market by Country, 2021 - 2024, USD Million
TABLE 256 LAMEA Mining Market by Country, 2025 - 2032, USD Million
TABLE 257 LAMEA Construction Market by Country, 2021 - 2024, USD Million
TABLE 258 LAMEA Construction Market by Country, 2025 - 2032, USD Million
TABLE 259 LAMEA Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 260 LAMEA Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 261 LAMEA Li-ion Market by Country, 2021 - 2024, USD Million
TABLE 262 LAMEA Li-ion Market by Country, 2025 - 2032, USD Million
TABLE 263 LAMEA Lead-acid Market by Country, 2021 - 2024, USD Million
TABLE 264 LAMEA Lead-acid Market by Country, 2025 - 2032, USD Million
TABLE 265 LAMEA Off-highway Electric Vehicles Market by Country, 2021 - 2024, USD Million
TABLE 266 LAMEA Off-highway Electric Vehicles Market by Country, 2025 - 2032, USD Million
TABLE 267 Brazil Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 268 Brazil Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 269 Brazil Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 270 Brazil Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 271 Brazil Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 272 Brazil Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 273 Brazil Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 274 Brazil Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 275 Argentina Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 276 Argentina Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 277 Argentina Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 278 Argentina Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 279 Argentina Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 280 Argentina Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 281 Argentina Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 282 Argentina Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 283 UAE Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 284 UAE Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 285 UAE Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 286 UAE Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 287 UAE Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 288 UAE Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 289 UAE Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 290 UAE Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 291 Saudi Arabia Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 292 Saudi Arabia Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 293 Saudi Arabia Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 294 Saudi Arabia Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 295 Saudi Arabia Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 296 Saudi Arabia Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 297 Saudi Arabia Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 298 Saudi Arabia Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 299 South Africa Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 300 South Africa Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 301 South Africa Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 302 South Africa Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 303 South Africa Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 304 South Africa Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 305 South Africa Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 306 South Africa Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 307 Nigeria Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 308 Nigeria Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 309 Nigeria Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 310 Nigeria Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 311 Nigeria Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 312 Nigeria Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 313 Nigeria Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 314 Nigeria Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 315 Rest of LAMEA Off-highway Electric Vehicles Market, 2021 - 2024, USD Million
TABLE 316 Rest of LAMEA Off-highway Electric Vehicles Market, 2025 - 2032, USD Million
TABLE 317 Rest of LAMEA Off-highway Electric Vehicles Market by Propulsion, 2021 - 2024, USD Million
TABLE 318 Rest of LAMEA Off-highway Electric Vehicles Market by Propulsion, 2025 - 2032, USD Million
TABLE 319 Rest of LAMEA Off-highway Electric Vehicles Market by Application, 2021 - 2024, USD Million
TABLE 320 Rest of LAMEA Off-highway Electric Vehicles Market by Application, 2025 - 2032, USD Million
TABLE 321 Rest of LAMEA Off-highway Electric Vehicles Market by Battery Type, 2021 - 2024, USD Million
TABLE 322 Rest of LAMEA Off-highway Electric Vehicles Market by Battery Type, 2025 - 2032, USD Million
TABLE 323 key information – Caterpillar, Inc.
TABLE 324 Key Information – CNH Industrial N.V.
TABLE 325 Key Information – Hitachi construction machinery co., ltd.
TABLE 326 Key Information – J C Bamford Excavators Ltd.
TABLE 327 Key Information – Komatsu Ltd.
TABLE 328 Key Information – Volvo Construction Equipment AB
TABLE 329 Key Information – Deere & Company
TABLE 330 Key Information – Doosan Corporation
TABLE 331 Key Information – Sandvik AB
TABLE 332 Key Information – Epiroc AB

List of Figures
FIG 1 Methodology for the research
FIG 2 Global Off-highway Electric Vehicles Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Off-highway Electric Vehicles Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2021, Jun – 2025, Jan) Leading Players
FIG 8 Porter’s Five Forces Analysis – Off-highway Electric Vehicles Market
FIG 9 Global Off-highway Electric Vehicles Market share by Propulsion, 2024
FIG 10 Global Off-highway Electric Vehicles Market share by Propulsion, 2032
FIG 11 Global Off-highway Electric Vehicles Market by Propulsion, 2021 - 2032, USD Million
FIG 12 Global Off-highway Electric Vehicles Market share by Application, 2024
FIG 13 Global Off-highway Electric Vehicles Market share by Application, 2032
FIG 14 Global Off-highway Electric Vehicles Market by Application, 2021 - 2032, USD Million
FIG 15 Global Off-highway Electric Vehicles Market share by Battery Type, 2024
FIG 16 Global Off-highway Electric Vehicles Market share by Battery Type, 2032
FIG 17 Global Off-highway Electric Vehicles Market by Battery Type, 2021 - 2032, USD Million
FIG 18 Global Off-highway Electric Vehicles Market share by Region, 2024
FIG 19 Global Off-highway Electric Vehicles Market share by Region, 2032
FIG 20 Global Off-highway Electric Vehicles Market by Region, 2021 - 2032, USD Million
FIG 21 North America Off-highway Electric Vehicles Market, 2021 - 2032, USD Million
FIG 22 North America Off-highway Electric Vehicles Market share by Propulsion, 2024
FIG 23 North America Off-highway Electric Vehicles Market share by Propulsion, 2032
FIG 24 North America Off-highway Electric Vehicles Market by Propulsion, 2021 - 2032, USD Million
FIG 25 North America Off-highway Electric Vehicles Market share by Application, 2024
FIG 26 North America Off-highway Electric Vehicles Market share by Application, 2032
FIG 27 North America Off-highway Electric Vehicles Market by Application, 2021 - 2032, USD Million
FIG 28 North America Off-highway Electric Vehicles Market share by Battery Type, 2024
FIG 29 North America Off-highway Electric Vehicles Market share by Battery Type, 2032
FIG 30 North America Off-highway Electric Vehicles Market by Battery Type, 2021 - 2032, USD Million
FIG 31 North America Off-highway Electric Vehicles Market share by Country, 2024
FIG 32 North America Off-highway Electric Vehicles Market share by Country, 2032
FIG 33 North America Off-highway Electric Vehicles Market by Country, 2021 - 2032, USD Million
FIG 34 Europe Off-highway Electric Vehicles Market, 2021 - 2032, USD Million
FIG 35 Europe Off-highway Electric Vehicles Market share by Propulsion, 2024
FIG 36 Europe Off-highway Electric Vehicles Market share by Propulsion, 2032
FIG 37 Europe Off-highway Electric Vehicles Market by Propulsion, 2021 - 2032, USD Million
FIG 38 Europe Off-highway Electric Vehicles Market share by Application, 2024
FIG 39 Europe Off-highway Electric Vehicles Market share by Application, 2032
FIG 40 Europe Off-highway Electric Vehicles Market by Application, 2021 - 2032, USD Million
FIG 41 Europe Off-highway Electric Vehicles Market share by Battery Type, 2024
FIG 42 Europe Off-highway Electric Vehicles Market share by Battery Type, 2032
FIG 43 Europe Off-highway Electric Vehicles Market by Battery Type, 2021 - 2032, USD Million
FIG 44 Europe Off-highway Electric Vehicles Market share by Country, 2024
FIG 45 Europe Off-highway Electric Vehicles Market share by Country, 2032
FIG 46 Europe Off-highway Electric Vehicles Market by Country, 2021 - 2032, USD Million
FIG 47 Asia Pacific Off-highway Electric Vehicles Market, 2021 - 2032, USD Million
FIG 48 Asia Pacific Off-highway Electric Vehicles Market share by Propulsion, 2024
FIG 49 Asia Pacific Off-highway Electric Vehicles Market share by Propulsion, 2032
FIG 50 Asia Pacific Off-highway Electric Vehicles Market by Propulsion, 2021 - 2032, USD Million
FIG 51 Asia Pacific Off-highway Electric Vehicles Market share by Application, 2024
FIG 52 Asia Pacific Off-highway Electric Vehicles Market share by Application, 2032
FIG 53 Asia Pacific Off-highway Electric Vehicles Market by Application, 2021 - 2032, USD Million
FIG 54 Asia Pacific Off-highway Electric Vehicles Market share by Battery Type, 2024
FIG 55 Asia Pacific Off-highway Electric Vehicles Market share by Battery Type, 2032
FIG 56 Asia Pacific Off-highway Electric Vehicles Market by Battery Type, 2021 - 2032, USD Million
FIG 57 Asia Pacific Off-highway Electric Vehicles Market share by Country, 2024
FIG 58 Asia Pacific Off-highway Electric Vehicles Market share by Country, 2032
FIG 59 Asia Pacific Off-highway Electric Vehicles Market by Country, 2021 - 2032, USD Million
FIG 60 LAMEA Off-highway Electric Vehicles Market, 2021 - 2032, USD Million
FIG 61 LAMEA Off-highway Electric Vehicles Market share by Propulsion, 2024
FIG 62 LAMEA Off-highway Electric Vehicles Market share by Propulsion, 2032
FIG 63 LAMEA Off-highway Electric Vehicles Market by Propulsion, 2021 - 2032, USD Million
FIG 64 LAMEA Off-highway Electric Vehicles Market share by Application, 2024
FIG 65 LAMEA Off-highway Electric Vehicles Market share by Application, 2032
FIG 66 LAMEA Off-highway Electric Vehicles Market by Application, 2021 - 2032, USD Million
FIG 67 LAMEA Off-highway Electric Vehicles Market share by Battery Type, 2024
FIG 68 LAMEA Off-highway Electric Vehicles Market share by Battery Type, 2032
FIG 69 LAMEA Off-highway Electric Vehicles Market by Battery Type, 2021 - 2032, USD Million
FIG 70 LAMEA Off-highway Electric Vehicles Market share by Country, 2024
FIG 71 LAMEA Off-highway Electric Vehicles Market share by Country, 2032
FIG 72 LAMEA Off-highway Electric Vehicles Market by Country, 2021 - 2032, USD Million
FIG 73 Recent strategies and developments: Caterpillar, Inc.
FIG 74 SWOT Analysis: Caterpillar, Inc.
FIG 75 SWOT Analysis: CNH Industrial N.V.
FIG 76 SWOT Analysis: HITACHI CONSTRUCTION MACHINERY CO., LTD
FIG 77 SWOT Analysis: J C Bamford Excavators Ltd.
FIG 78 SWOT Analysis: Komatsu Ltd.
FIG 79 SWOT Analysis: Deere & Company
FIG 80 SWOT Analysis: Doosan Corporation
FIG 81 SWOT Analysis: Sandvik AB
FIG 82 Swot Analysis: Epiroc AB

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