Off-highway Electric Vehicles Market

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

Report Id: KBV-27768 Publication Date: April-2025 Number of Pages: 260 Report Format: PDF + Excel
2024
USD 7.36 Billion
2032
USD 32.93 Billion
CAGR
21.3%
Historical Data
2021 to 2023
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
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