세계의 전동 건설기계 시장 예측(-2032년) : 유형별, 배터리 용량별, 배터리 화학별, 출력별, 추진력별, 용도별, 지역별

The electric construction equipment market is projected to reach USD 6.07 billion by 2032, from USD 2.45 billion in 2025, with a CAGR of 13.8%. The electrification trend in the construction and mining industries is driven by concerns over urban air quality and new noise reduction mandates.

Recently, key players in the market have new opportunities to promote their electric excavators and related products due to increased infrastructure demand in various countries, particularly as a result of the ongoing conflicts in the Middle East and Europe. Additionally, city-level emissions regulations are compelling OEMs to develop advanced battery-electric models, while hybrid solutions and autonomous technologies are gaining popularity for applications that require high energy density or extended operating cycles.

Electric machinery performs exceptionally well in urban environments and fossil-free construction zones, offering benefits such as zero emissions, reduced noise levels, and improved operational efficiency. Furthermore, their capability to integrate with digital monitoring systems and smart data analytics enhances their attractiveness. As a result, there is a noticeable shift toward battery-electric, hybrid, and even hydrogen fuel cell powertrains, which significantly impact various off-highway vehicle (OHV) sectors, including construction, mining, and agriculture.

Tractors with >100 kWh battery capacity exhibit the fastest growth in Europe.

Electric tractors with battery capacities exceeding 100 kWh are experiencing rapidly increasing demand in Europe, which is seeing the strongest growth for large-capacity battery packs. This surge is driven by the need for longer operational autonomy, higher torque output, and the ability to power advanced implements in demanding agricultural environments. For instance, the Fendt e100 Vario, launched in 2024, features a 100-kWh battery that provides farmers with extended field hours and robust performance, making it especially valuable for large-scale farms and specialized operations. Major European manufacturers, including AGCO Corporation and Deere & Company, are leading the charge by developing and commercializing electric tractors equipped with advanced battery management systems and capacities that meet or exceed 100 kWh for high-end applications. This trend is strongly supported by stringent EU and national regulations, such as the Common Agricultural Policy (CAP), which offers grants of up to USD 45,000 for adopting electric farm equipment starting in March 2025.

Additionally, the broader push toward sustainable farming practices under Europe's Green Deal bolsters this movement. Europe is at the forefront of the market for large-capacity electric tractors due to supportive government policies, strong demand from progressive farmers, and a commitment from major manufacturers to innovate and promote sustainability. However, despite these advantages, significant challenges remain for widespread adoption. These include high upfront costs, longer charging times, limited charging infrastructure in rural areas, and concerns about battery degradation under continuous high-load use.

The battery electric segment secures the leading market position.

The battery electric segment holds the largest market share in electric construction equipment due to its operational simplicity, lower maintenance requirements, and immediate emissions reduction when compared to hybrid or fuel cell alternatives. This makes it the preferred choice for both manufacturers and end users. In the Americas, the shift toward electrification is driven by strict environmental regulations, government incentives, and the introduction of new models such as Case Construction's 12EV wheel loader and 580EV backhoe, Volvo CE's electric loader, and Bobcat's electric compact track loader. These developments reflect a significant market shift toward sustainable machinery. Europe leads in market share, fueled by ambitious decarbonization targets, strong regulatory frameworks, and a high demand for low-noise, zero-emission equipment.

Meanwhile, the Asia Pacific region is experiencing the fastest growth, driven by rapid urbanization, infrastructure development, and government policies in countries like China, India, and Japan. These policies mandate pollution control and support the local manufacturing of electric equipment. Governing bodies across these regions actively promote battery electric vehicles (BEVs) for construction and mining through financial incentives, tax breaks, and direct subsidies. These measures make electric machinery more economically attractive and help offset higher upfront costs. Key players in the market, including Caterpillar, Volvo Construction Equipment, Komatsu, Hitachi, JCB, and Bobcat, have launched new electric excavators, loaders, and trucks, expanding their product portfolios to meet the rising demand for electric construction equipment.

The Americas is the second fastest-growing market for electric construction equipment.

The trend of electric construction equipment in the Americas is rapidly growing, driven by a mix of environmental regulations, government incentives, and increasing demand for sustainable building practices. In the United States, the electric construction equipment market is expanding, with excavators leading sales and accounting for around 60% of the market share by 2025. This growth is attributed to excavators' versatility, high utilization rates on job sites, and their suitability for urban and indoor environments where minimizing noise and emissions is essential. A significant factor contributing to this trend is the prevalence of Li-NMC (Lithium Nickel Manganese Cobalt) batteries, which will make up more than 45% of the market share in 2025. These batteries offer superior energy density, longer cycle life, and faster charging capabilities, making them ideal for demanding construction and mining environments where uptime and performance are critical.

Key players in the Americas include Bobcat, Caterpillar, Volvo Construction Equipment, Komatsu, John Deere, and CASE Construction Equipment. These companies have introduced new electric models and expanded their electrification strategies in recent years. Recent regulatory changes, such as stricter emissions standards in California and new noise level ordinances in major cities, have accelerated the shift toward electrification. For example, the push for zero-emission construction sites in Los Angeles and New York City, along with federal and state incentives for purchasing green equipment, has encouraged manufacturers to invest in electric technology.

Additionally, states and municipalities often implement further ordinances, such as restrictions on noise levels near sensitive areas like schools, hospitals, and courts. In Toronto, Ontario, construction noise is restricted from 7 PM to 7 AM, while in New York City, after-hours construction requires special authorization. To support the move toward electrification, governments and agencies offer incentives such as tax credits or grants for purchasing quieter electric equipment. However, these policies vary by state and locality, with some regions providing more robust support than others.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.

• By Company Type: Electric Construction Equipment OEM - 100%
• By Designation: C Level - 30%, Directors- 20%, and Others - 50%
• By Region: Asia Pacific - 50%, Americas - 30%, and Europe -20%

The key players in the electric construction equipment market are Hitachi Construction Machinery (Japan), Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and JCB (UK). Major companies' key strategies to maintain their position in the global electric construction equipment market are strong global networking, mergers and acquisitions, partnerships, and technological advancement.

Research Coverage

The study segments and forecasts the size of the electric construction equipment market based on type (electric excavators, electric motor graders, electric dozers, electric loaders, electric dump trucks, and electric load-haul-dump loaders), battery capacity (<50 kWh, 50-200 kWh, 200-500 kWh, and >500 kWh), battery chemistry (lithium iron phosphate, lithium nickel manganese cobalt oxide, and others), power output (<50 hp, 50-150 hp, 150-300 hp, and >300 hp), application (construction, mining, agriculture, and gardening), propulsion (battery electric, hybrid electric, and hydrogen), electric agriculture equipment market by type (electric lawnmowers, electric self-propelled sprayers, and electric tractors), electric tractor market by propulsion (battery electric, hybrid electric, and hydrogen), electric tractor market by battery capacity (<50 KWh, 50-100 KWh, and >100 KWh), electric tractor market by battery chemistry (lithium iron phosphate, lithium nickel manganese cobalt oxide, and others), and region (Asia Pacific, Europe, and Americas). It also includes an in-depth competitive analysis of the major electric construction equipment manufacturers, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying this Report:

The report will assist market leaders and new entrants by providing estimates of revenue for the overall electric construction equipment market and its sub-segments. This report will help stakeholders understand the competitive landscape and gain valuable insights to better position their businesses and develop effective go-to-market strategies. Additionally, it helps stakeholders stay informed about the market's current trends and offers information on key market drivers, restraints, challenges, and opportunities.

This report provides insights into the following pointers:

• Analysis of key drivers (strict vehicular emission regulations, high ventilation costs in underground mining, rising demand for low-noise construction in residential areas), restraints (higher initial costs than conventional ICE equipment, loss of productivity due to prolonged charging times, complex charging infrastructure for electric construction machinery), opportunities (development of long-range and fast-charging battery technology, increased manufacturing and testing of hybrid electric vehicles, emergence of hydrogen-powered construction equipment), and challenges (limited compatibility, interchangeability, and standardization of electric construction equipment for long-haul applications, complex thermal management of batteries, rapid transition of construction equipment toward alternative power sources) influencing the growth of the electric construction equipment market
• Product Development/Innovation: In-depth insights on upcoming technologies and new product and service launches in the electric construction equipment market
• Market Development: Comprehensive market information - the report analyses the authentication and brand protection market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the electric construction equipment market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players in the electric construction equipment market, such as Caterpillar Inc. (US), Komatsu Ltd. (Japan), Volvo Construction Equipment (Sweden), Hitachi Construction Machinery Co., Ltd. (Japan), and JCB (UK)

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY

• 2.1 RESEARCH DATA
  • 2.1.1 SECONDARY DATA
    • 2.1.1.1 Secondary sources
    • 2.1.1.2 Key data from secondary sources
  • 2.1.2 PRIMARY DATA
    • 2.1.2.1 Sampling techniques and data collection methods
    • 2.1.2.2 Primary interview participants
    • 2.1.2.3 Breakdown of primary interviews
• 2.2 MARKET SIZE ESTIMATION
  • 2.2.1 BOTTOM-UP APPROACH
  • 2.2.2 TOP-DOWN APPROACH
• 2.3 DATA TRIANGULATION
• 2.4 RESEARCH ASSUMPTIONS
• 2.5 RESEARCH LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

• 4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN THE ELECTRIC CONSTRUCTION EQUIPMENT MARKET
• 4.2 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY TYPE
• 4.3 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
• 4.4 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY
• 4.5 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY
• 4.6 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION
• 4.7 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT
• 4.8 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION

5 MARKET OVERVIEW

• 5.1 INTRODUCTION
• 5.2 MARKET DYNAMICS
  • 5.2.1 DRIVERS
    • 5.2.1.1 Strict vehicular emission regulations
    • 5.2.1.2 High ventilation costs in underground mining
    • 5.2.1.3 Surge in demand for low-noise construction in residential areas
    • 5.2.1.4 Incentives on electric tractors and finance credits
  • 5.2.2 RESTRAINTS
    • 5.2.2.1 Higher initial cost than conventional ICE equipment
    • 5.2.2.2 Loss of productivity due to prolonged charging time
    • 5.2.2.3 Complex charging infrastructure for electric construction machinery
  • 5.2.3 OPPORTUNITIES
    • 5.2.3.1 Development of long-range and fast-charging battery technology
    • 5.2.3.2 Increased manufacturing and testing of hybrid electric vehicles
    • 5.2.3.3 Emergence of hydrogen-powered construction equipment
  • 5.2.4 CHALLENGES
    • 5.2.4.1 Limited compatibility, interchangeability, and standardization for long-haul applications
    • 5.2.4.2 Complex thermal management of batteries
    • 5.2.4.3 Rapid transition of construction equipment toward alternative power sources
• 5.3 TRADE ANALYSIS
  • 5.3.1 IMPORT SCENARIO (HS CODE 842710)
  • 5.3.2 EXPORT SCENARIO (HS CODE 842710)
• 5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.5 PATENT ANALYSIS
• 5.6 SUPPLY CHAIN ANALYSIS
• 5.7 ECOSYSTEM ANALYSIS
• 5.8 PRICING ANALYSIS
  • 5.8.1 BY TYPE
  • 5.8.2 BY APPLICATION
• 5.9 TECHNOLOGY ANALYSIS
  • 5.9.1 KEY TECHNOLOGIES
    • 5.9.1.1 Autonomous construction equipment
    • 5.9.1.2 Remote monitoring and predictive maintenance
  • 5.9.2 COMPLEMENTARY TECHNOLOGIES
    • 5.9.2.1 Grade control systems
    • 5.9.2.2 Regenerative braking
    • 5.9.2.3 Hydrogen fuel cells
    • 5.9.2.4 Augmented reality
  • 5.9.3 ADJACENT TECHNOLOGIES
    • 5.9.3.1 Agricultural equipment automation
    • 5.9.3.2 Advanced telematics
• 5.10 REGULATORY LANDSCAPE
  • 5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 5.10.2 QUALITY STANDARDS
• 5.11 KEY CONFERENCES AND EVENTS, 2025-2026
• 5.12 CASE STUDY ANALYSIS
  • 5.12.1 CATERPILLAR'S ELECTRIC MINI EXCAVATOR
  • 5.12.2 HITACHI'S ZE85 ELECTRIC EXCAVATOR
  • 5.12.3 KOMATSU'S ELECTRIC MINI EXCAVATORS
  • 5.12.4 VOLVO CE'S MID-SIZE ELECTRIC WHEEL LOADERS
  • 5.12.5 JCB'S ELECTRIC TELEHANDLERS
• 5.13 KEY STAKEHOLDERS AND BUYING CRITERIA
  • 5.13.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 5.13.2 BUYING CRITERIA
• 5.14 TOTAL COST OF OWNERSHIP OF ELECTRIC CONSTRUCTION EQUIPMENT
• 5.15 TOTAL COST OF OWNERSHIP OF ELECTRIC TRACTORS
• 5.16 TOTAL COST OF OWNERSHIP OF LOADERS
• 5.17 FUTURE DEVELOPMENTS IN BATTERY TECHNOLOGY
  • 5.17.1 SOLID-STATE BATTERIES
  • 5.17.2 LITHIUM-ION BATTERIES
  • 5.17.3 SODIUM-ION BATTERIES
  • 5.17.4 SWAPPABLE BATTERY TECHNOLOGY
• 5.18 OEM ANALYSIS
  • 5.18.1 BATTERY CAPACITY OF ELECTRIC COMPACT CONSTRUCTION EQUIPMENT OFFERED BY OEMS
  • 5.18.2 BATTERY CAPACITY VS. POWER OUTPUT

6 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY TYPE

• 6.1 INTRODUCTION
• 6.2 ELECTRIC EXCAVATORS
  • 6.2.1 EXTENSIVE USE IN CONSTRUCTION AND MINING DUE TO NOISELESS OPERATIONS
• 6.3 ELECTRIC LOADERS
  • 6.3.1 INCREASED INVESTMENTS BY PROMINENT COMPANIES
• 6.4 ELECTRIC MOTOR GRADERS
  • 6.4.1 RISING NEED IN US DUE TO STRINGENT EMISSION NORMS
• 6.5 ELECTRIC DOZERS
  • 6.5.1 HIGH DEMAND FROM ASIA PACIFIC DUE TO STRONG PRESENCE OF CONSTRUCTION AND MINING COMPANIES
• 6.6 ELECTRIC DUMP TRUCKS/WIDE-BODIED TRUCKS
  • 6.6.1 SURGE IN MINING ACTIVITIES
• 6.7 ELECTRIC LOAD HAUL DUMP LOADERS
  • 6.7.1 FOCUS ON MINIMIZING UNDERGROUND VENTILATION COST
• 6.8 PRIMARY INSIGHTS

7 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY

• 7.1 INTRODUCTION
• 7.2 <50 KWH
  • 7.2.1 SUITABLE FOR PACKED CONSTRUCTION SITES AND NARROW MINING APPLICATIONS
• 7.3 50-200 KWH
  • 7.3.1 HIGH DEMAND FOR SMALL AND MID-RANGE CONSTRUCTION EQUIPMENT T
• 7.4 200-500 KWH
  • 7.4.1 ONGOING DEVELOPMENT OF NEWER MODELS
• 7.5 >500 KWH
  • 7.5.1 UNTAPPED GROWTH POTENTIAL WITH ADVANCES IN BATTERY TECHNOLOGY
• 7.6 BATTERY CAPACITY OF OEM-LEVEL EQUIPMENT
• 7.7 PRIMARY INSIGHTS

8 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CHEMISTRY

• 8.1 INTRODUCTION
• 8.2 LITHIUM IRON PHOSPHATE
  • 8.2.1 NEED FOR EFFICIENT ENERGY STORAGE DUE TO RISE IN RENEWABLE ENERGY SOURCES
• 8.3 LITHIUM NICKEL MANGANESE COBALT OXIDE
  • 8.3.1 HIGHER CONSUMER ACCEPTANCE IN EUROPE AND AMERICAS
• 8.4 OTHERS
  • 8.4.1 SODIUM-ION BATTERIES
  • 8.4.2 SOLID-STATE BATTERIES
• 8.5 COST ANALYSIS
• 8.6 DEVELOPMENTS IN BATTERY CHEMISTRY
• 8.7 PRIMARY INSIGHTS

9 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY POWER OUTPUT

• 9.1 INTRODUCTION
• 9.2 <50 HP
  • 9.2.1 LARGE-SCALE ADOPTION IN LIGHT CONSTRUCTION APPLICATIONS
• 9.3 50-150 HP
  • 9.3.1 INCREASED PRODUCT DEVELOPMENT ACTIVITIES
• 9.4 150-300 HP
  • 9.4.1 EXPANDING DEVELOPMENTS IN BATTERIES AND CONSTRUCTION EQUIPMENT PRODUCTS
• 9.5 >300 HP
  • 9.5.1 LIMITED COMMERCIALIZATION DUE TO HIGH BATTERY COSTS
• 9.6 PRIMARY INSIGHTS

10 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION

• 10.1 INTRODUCTION
• 10.2 BATTERY ELECTRIC
  • 10.2.1 EMPHASIS ON ENVIRONMENTAL SUSTAINABILITY
• 10.3 HYBRID ELECTRIC
  • 10.3.1 LIMITATIONS ASSOCIATED WITH 100% ELECTRIFICATION
• 10.4 HYDROGEN
  • 10.4.1 GROWING ADOPTION OF ENVIRONMENTALLY CONSCIOUS PRACTICES
• 10.5 PRIMARY INSIGHTS

11 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION

• 11.1 INTRODUCTION
• 11.2 CONSTRUCTION
  • 11.2.1 COMPLIANCE WITH STRINGENT EMISSION AND NOISE REGULATIONS
• 11.3 MINING
  • 11.3.1 EMERGING TREND OF ELECTRIFICATION
• 11.4 GARDENING
  • 11.4.1 HIGHER RATE OF ELECTRIFICATION THAN OTHER EQUIPMENT
• 11.5 AGRICULTURE
  • 11.5.1 ELEVATED DEMAND FOR FOOD PRODUCTION
• 11.6 PRIMARY INSIGHTS

12 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY TYPE

• 12.1 INTRODUCTION
• 12.2 OPERATIONAL DATA
• 12.3 ELECTRIC LAWNMOWERS
  • 12.3.1 HIGH FUEL COSTS AND WORKFORCE SHORTAGES
• 12.4 ELECTRIC SELF-PROPELLED SPRAYERS
  • 12.4.1 PREVENTION OF CROP WITHERING
• 12.5 ELECTRIC TRACTORS
  • 12.5.1 GOVERNMENT INITIATIVES FOR BOOSTING FOOD PRODUCTIVITY
• 12.6 PRIMARY INSIGHTS

13 ELECTRIC TRACTOR MARKET, BY BATTERY CAPACITY

• 13.1 INTRODUCTION
• 13.2 <50 KWH
  • 13.2.1 INCREASED PREFERENCE DUE TO ACCESSIBILITY AND LOW COST
• 13.3 50-100 KWH
  • 13.3.1 LONG-TERM SAVINGS THROUGH REDUCED FUEL AND MAINTENANCE COSTS
• 13.4 >100 KWH
  • 13.4.1 RIGOROUS DEVELOPMENT OF HIGH-POWERED ELECTRIC TRACTORS BY OEMS
• 13.5 ELECTRIC TRACTOR MODELS AND BATTERY CAPACITIES
• 13.6 PRIMARY INSIGHTS

14 ELECTRIC TRACTOR MARKET, BY BATTERY CHEMISTRY

• 14.1 INTRODUCTION
• 14.2 LITHIUM IRON PHOSPHATE
  • 14.2.1 INCREASED INVESTMENTS BY AGRICULTURAL MACHINERY MANUFACTURERS
• 14.3 LITHIUM NICKEL MANGANESE COBALT OXIDE
  • 14.3.1 HIGHER DENSITY AND FASTER CHARGING CAPABILITIES THAN OTHER CHEMISTRIES
• 14.4 OTHERS
  • 14.4.1 SODIUM-ION BATTERIES
  • 14.4.2 SOLID-STATE BATTERIES
• 14.5 PRIMARY INSIGHTS

15 ELECTRIC TRACTOR MARKET, BY PROPULSION

• 15.1 INTRODUCTION
• 15.2 BATTERY ELECTRIC
  • 15.2.1 DECLINING COST OF LITHIUM-ION BATTERIES
• 15.3 HYBRID ELECTRIC
  • 15.3.1 HIGHER POWER OUTPUT THAN BATTERY ELECTRIC TRACTORS
• 15.4 HYDROGEN
  • 15.4.1 ADVANCEMENTS IN FUEL CELL TECHNOLOGY AND INFRASTRUCTURE
• 15.5 PRIMARY INSIGHTS

16 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY REGION

• 16.1 INTRODUCTION
• 16.2 ASIA PACIFIC
  • 16.2.1 MACROECONOMIC OUTLOOK
  • 16.2.2 CHINA
    • 16.2.2.1 National emission standards for mining automation to drive market
  • 16.2.3 INDIA
    • 16.2.3.1 Growing demand for eco-friendly, cost-effective electric construction equipment to drive market
  • 16.2.4 JAPAN
    • 16.2.4.1 Increasing investments in electric construction excavators and other equipment to drive market
  • 16.2.5 SOUTH KOREA
    • 16.2.5.1 Ongoing electrification of loaders for mining to drive market
  • 16.2.6 REST OF ASIA PACIFIC
• 16.3 EUROPE
  • 16.3.1 MACROECONOMIC OUTLOOK
  • 16.3.2 GERMANY
    • 16.3.2.1 Stringent government norms to drive market
  • 16.3.3 UK
    • 16.3.3.1 Rising demand for electric construction excavators to drive market
  • 16.3.4 FRANCE
    • 16.3.4.1 Implementation of National Low-Carbon Strategy to drive market
  • 16.3.5 SPAIN
    • 16.3.5.1 Emphasis on reducing carbon emissions from construction machinery to drive market
  • 16.3.6 RUSSIA
    • 16.3.6.1 Electric construction equipment expected to drive market
  • 16.3.7 ITALY
    • 16.3.7.1 Electrification of construction and mining sectors to drive market
  • 16.3.8 REST OF EUROPE
• 16.4 AMERICAS
  • 16.4.1 MACROECONOMIC OUTLOOK
  • 16.4.2 US
    • 16.4.2.1 Presence of major electric construction equipment providers to drive market
  • 16.4.3 CANADA
    • 16.4.3.1 Global dominance in electric construction industry to drive market
  • 16.4.4 MEXICO
    • 16.4.4.1 Ongoing electrification promotion programs to drive market
  • 16.4.5 BRAZIL
    • 16.4.5.1 Incorporation of electric excavators in construction frameworks to regularize mining to drive market
  • 16.4.6 ARGENTINA
    • 16.4.6.1 Commitment to sustainability and emission reductions to drive market
• 16.5 PRIMARY INSIGHTS

17 COMPETITIVE LANDSCAPE

• 17.1 OVERVIEW
• 17.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021-2025
• 17.3 REVENUE ANALYSIS, 2020-2024
• 17.4 MARKET SHARE ANALYSIS, 2024
• 17.5 COMPANY VALUATION
• 17.6 FINANCIAL METRICS
• 17.7 BRAND/PRODUCT COMPARISON
• 17.8 COMPANY EVALUATION MATRIX: ELECTRIC CONSTRUCTION EQUIPMENT MANUFACTURERS, 2024
  • 17.8.1 STARS
  • 17.8.2 EMERGING LEADERS
  • 17.8.3 PERVASIVE PLAYERS
  • 17.8.4 PARTICIPANTS
  • 17.8.5 COMPANY FOOTPRINT
    • 17.8.5.1 Company footprint
    • 17.8.5.2 Region footprint
    • 17.8.5.3 Type footprint
    • 17.8.5.4 Application footprint
• 17.9 COMPANY EVALUATION MATRIX: ELECTRIC EXCAVATOR MANUFACTURERS, 2025
  • 17.9.1 STARS
  • 17.9.2 EMERGING LEADERS
  • 17.9.3 PERVASIVE PLAYERS
  • 17.9.4 PARTICIPANTS
  • 17.9.5 COMPANY FOOTPRINT
    • 17.9.5.1 Company footprint
    • 17.9.5.2 Region footprint
    • 17.9.5.3 Propulsion footprint
    • 17.9.5.4 Battery chemistry footprint
• 17.10 COMPETITIVE SCENARIO
  • 17.10.1 PRODUCT LAUNCHES/DEVELOPMENTS
  • 17.10.2 DEALS
  • 17.10.3 EXPANSIONS
  • 17.10.4 OTHER DEVELOPMENTS

18 COMPANY PROFILES

• 18.1 KEY PLAYERS
  • 18.1.1 HITACHI CONSTRUCTION MACHINERY CO., LTD.
    • 18.1.1.1 Business overview
    • 18.1.1.2 Products offered
    • 18.1.1.3 Recent developments
      • 18.1.1.3.1 Product launches/developments
      • 18.1.1.3.2 Deals
      • 18.1.1.3.3 Expansions
      • 18.1.1.3.4 Other developments
    • 18.1.1.4 MnM view
      • 18.1.1.4.1 Key strengths
      • 18.1.1.4.2 Strategic choices
      • 18.1.1.4.3 Weaknesses and competitive threats
  • 18.1.2 CATERPILLAR INC.
    • 18.1.2.1 Business overview
    • 18.1.2.2 Products offered
    • 18.1.2.3 Recent developments
      • 18.1.2.3.1 Product launches/developments
      • 18.1.2.3.2 Deals
      • 18.1.2.3.3 Expansions
      • 18.1.2.3.4 Other developments
    • 18.1.2.4 MnM view
      • 18.1.2.4.1 Key strengths
      • 18.1.2.4.2 Strategic choices
      • 18.1.2.4.3 Weaknesses and competitive threats
  • 18.1.3 KOMATSU LTD.
    • 18.1.3.1 Business overview
    • 18.1.3.2 Products offered
    • 18.1.3.3 Recent developments
      • 18.1.3.3.1 Product launches/developments
      • 18.1.3.3.2 Deals
    • 18.1.3.4 MnM view
      • 18.1.3.4.1 Key strengths
      • 18.1.3.4.2 Strategic choices
      • 18.1.3.4.3 Weaknesses and competitive threats
  • 18.1.4 VOLVO CONSTRUCTION EQUIPMENT
    • 18.1.4.1 Business overview
    • 18.1.4.2 Products offered
    • 18.1.4.3 Recent developments
      • 18.1.4.3.1 Product launches/developments
      • 18.1.4.3.2 Deals
      • 18.1.4.3.3 Other developments
    • 18.1.4.4 MnM view
      • 18.1.4.4.1 Key strengths
      • 18.1.4.4.2 Strategic choices
      • 18.1.4.4.3 Weaknesses and competitive threats
  • 18.1.5 SANY HEAVY INDUSTRIES CO., LTD.
    • 18.1.5.1 Business overview
    • 18.1.5.2 Products offered
    • 18.1.5.3 Recent developments
      • 18.1.5.3.1 Product launches/developments
      • 18.1.5.3.2 Other developments
    • 18.1.5.4 MnM view
      • 18.1.5.4.1 Key strengths
      • 18.1.5.4.2 Strategic choices
      • 18.1.5.4.3 Weaknesses and competitive threats
  • 18.1.6 JCB
    • 18.1.6.1 Business overview
    • 18.1.6.2 Products offered
    • 18.1.6.3 Recent developments
      • 18.1.6.3.1 Product launches/developments
      • 18.1.6.3.2 Deals
      • 18.1.6.3.3 Expansions
      • 18.1.6.3.4 Other developments
  • 18.1.7 DEERE & COMPANY
    • 18.1.7.1 Business overview
    • 18.1.7.2 Products offered
    • 18.1.7.3 Recent developments
      • 18.1.7.3.1 Product launches/developments
      • 18.1.7.3.2 Deals
      • 18.1.7.3.3 Expansions
      • 18.1.7.3.4 Other developments
  • 18.1.8 SANDVIK AB
    • 18.1.8.1 Business overview
    • 18.1.8.2 Products offered
    • 18.1.8.3 Recent developments
      • 18.1.8.3.1 Product launches/developments
      • 18.1.8.3.2 Deals
      • 18.1.8.3.3 Expansions
      • 18.1.8.3.4 Other developments
  • 18.1.9 EPIROC AB
    • 18.1.9.1 Business overview
    • 18.1.9.2 Products offered
    • 18.1.9.3 Recent developments
      • 18.1.9.3.1 Product launches/developments
      • 18.1.9.3.2 Deals
      • 18.1.9.3.3 Other developments
  • 18.1.10 LIEBHERR
    • 18.1.10.1 Business overview
    • 18.1.10.2 Products offered
    • 18.1.10.3 Recent developments
      • 18.1.10.3.1 Product launches/developments
      • 18.1.10.3.2 Deals
      • 18.1.10.3.3 Other developments
  • 18.1.11 BOBCAT COMPANY
    • 18.1.11.1 Business overview
    • 18.1.11.2 Products offered
    • 18.1.11.3 Recent developments
      • 18.1.11.3.1 Product launches/developments
      • 18.1.11.3.2 Other developments
• 18.2 OTHER PLAYERS
  • 18.2.1 SOLETRAC INC.
  • 18.2.2 FENDT
  • 18.2.3 HUSQVARNA AB
  • 18.2.4 XUZHOU CONSTRUCTION MACHINERY GROUP CO., LTD.
  • 18.2.5 KUBOTA CORPORATION
  • 18.2.6 KOBELCO CONSTRUCTION MACHINERY EUROPE BV
  • 18.2.7 BHARAT EARTH MOVERS LIMITED
  • 18.2.8 CNH INDUSTRIAL NV
  • 18.2.9 WACKER NEUSON SE
  • 18.2.10 TAKEUCHI GLOBAL
  • 18.2.11 HD HYUNDAI HEAVY INDUSTRIES CO., LTD.
  • 18.2.12 LUIGONG MACHINERY CO., LTD.

19 RECOMMENDATIONS FROM MARKETSANDMARKETS

• 19.1 ASIA PACIFIC TO GROW SWIFTLY IN ELECTRIC CONSTRUCTION EQUIPMENT MARKET
• 19.2 HYDROGEN-FUELED CONSTRUCTION EQUIPMENT TO CREATE LUCRATIVE OPPORTUNITIES
• 19.3 EMPHASIS ON ELECTRIFICATION OF UNDERGROUND MINING EQUIPMENT
• 19.4 INTEGRATION OF SOLID-STATE BATTERIES IN ELECTRIC TRACTORS
• 19.5 CONCLUSION

20 APPENDIX

• 20.1 INSIGHTS FROM INDUSTRY EXPERTS
• 20.2 DISCUSSION GUIDE
• 20.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 20.4 CUSTOMIZATION OPTIONS
  • 20.4.1 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY APPLICATION
    • 20.4.1.1 Construction
    • 20.4.1.2 Mining
    • 20.4.1.3 Agriculture
    • 20.4.1.4 Gardening
  • 20.4.2 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY PROPULSION
    • 20.4.2.1 Electric
    • 20.4.2.2 Hybrid
    • 20.4.2.3 Hydrogen
  • 20.4.3 ELECTRIC CONSTRUCTION EQUIPMENT MARKET, BY BATTERY CAPACITY AND BATTERY CHEMISTRY
    • 20.4.3.1 <50 kWh
    • 20.4.3.2 50-200 kWh
    • 20.4.3.3 200-500 kWh
    • 20.4.3.4 >500 kWh
    • 20.4.3.5 Lithium Iron Phosphate
    • 20.4.3.6 Lithium Nickel Manganese Cobalt Oxide
    • 20.4.3.7 Other Battery Chemistries
  • 20.4.4 ELECTRIC MINING MACHINERY MARKET, BY BATTERY CAPACITY AND CHEMISTRY
    • 20.4.4.1 <50 kWh
    • 20.4.4.2 50-200 kWh
    • 20.4.4.3 200-500 kWh
    • 20.4.4.4 >500 kWh
    • 20.4.4.5 Lithium Iron Phosphate
    • 20.4.4.6 Lithium Nickel Manganese Cobalt Oxide
    • 20.4.4.7 Others
  • 20.4.5 ELECTRIC AGRICULTURE EQUIPMENT MARKET, BY BATTERY CAPACITY AND CHEMISTRY
    • 20.4.5.1 <50 kWh
    • 20.4.5.2 50-200 kWh
    • 20.4.5.3 200-500 kWh
    • 20.4.5.4 >500 kWh
    • 20.4.5.5 Lithium Iron Phosphate
    • 20.4.5.6 Lithium Nickel Manganese Cobalt Oxide
    • 20.4.5.7 Others
  • 20.4.6 ELECTRIC CONSTRUCTION EQUIPMENT MARKET FOR ADDITIONAL COUNTRIES
    • 20.4.6.1 Australia
    • 20.4.6.2 Scandinavian Countries
  • 20.4.7 DETAILED ANALYSIS AND PROFILING OF UP TO FIVE ADDITIONAL MARKET PLAYERS
• 20.5 RELATED REPORTS
• 20.6 AUTHOR DETAILS