전동 건설 및 농업 장비 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 배터리 용량별, 전기 연료 유형별, 지역별 경쟁(2021-2031년)

The Global Electric Construction and Agriculture Equipment Market is forecast to expand significantly, from USD 37.12 Billion in 2025 to USD 68.02 Billion by 2031, demonstrating a compound annual growth rate (CAGR) of 10.62%. This market encompasses heavy machinery like excavators, loaders, tractors, and harvesters that operate on battery-electric or hybrid powertrains, moving away from conventional internal combustion engines. Its expansion is largely fueled by strict government mandates to lower carbon emissions, the crucial need for noise reduction in urban construction environments, and the promise of a reduced total cost of ownership, as operators benefit from significant savings on fuel and maintenance compared to diesel equipment.

However, a notable obstacle to broader market adoption is the insufficient charging infrastructure, especially in distant agricultural areas and off-grid construction sites where power access is restricted. This lack of infrastructure leads to operational difficulties and range anxiety among users, which could slow down widespread integration. Despite this, a clear indication of rapid adoption where conditions are suitable comes from the China Construction Machinery Industry Association, which reported that electric loader sales surged to 6,431 units in the first seven months of 2024, marking a 354.8% increase over the prior year.

Market Driver

Government subsidies and financial incentives are crucial drivers for the Global Electric Construction and Agriculture Equipment Market, primarily by mitigating the high initial purchase price of battery-operated machinery. Although electric equipment promises long-term operational cost reductions, the substantial upfront capital outlay often presents a barrier for many operators, making grant programs and vouchers vital for encouraging early adoption. The strong demand for such financial assistance clearly indicates its essential role in accelerating market growth; for example, the California Clean Off-Road Equipment (CORE) Voucher Incentive Project reported in December 2025 that requests for the latest funding cycle surpassed the available $36 million budget by fourfold, underscoring fleet operators' deep reliance on financial support to shift from diesel.

Corporate sustainability objectives and green procurement mandates are similarly influential, as leading construction and agricultural companies increasingly require zero-emission machinery to achieve their decarbonization targets. In response, manufacturers are actively expanding their product offerings to meet the stringent environmental standards set by their clients. This shift is apparent in product development strategies; in May 2025, Construction Briefing noted that 100% of Caterpillar's new products introduced in the prior year fulfilled enhanced sustainability criteria, including improved efficiency and reduced emissions. This strategic reorientation is translating into significant market volume, as evidenced by the rapid growth of electric fleets. Global Construction Review reported in May 2025 that Sany Heavy Industry's sales of electric machines surpassed 6,200 units for the 2024 financial year, reflecting a robust global appetite for environmentally friendly technology.

Market Challenge

The insufficient charging infrastructure poses a significant obstacle to the growth of the Global Electric Construction and Agriculture Equipment Market. This deficiency is particularly problematic in remote agricultural fields and off-grid construction sites, where grid access is largely nonexistent. Operators are hesitant to switch from diesel to electric powertrains due to the logistical challenges of deploying charging solutions in these isolated areas and the considerable financial risks associated with potential equipment downtime. As a result, market expansion is largely confined to machinery operating within contained yards where power access is readily available, preventing heavy-duty field equipment from achieving similar commercial adoption rates.

The direct consequences of this infrastructure gap are evident in the sharp disparity between the sales of equipment suited for stationary use and that designed for mobile field operations. While yard-based units such as loaders are experiencing increased adoption, heavy equipment reliant on range struggles to gain market acceptance. According to the China Construction Machinery Industry Association, electric excavator sales only reached 19 units in February 2025. This minimal sales volume clearly indicates that without reliable in-field charging capabilities, the industry cannot support the widespread deployment of energy-intensive mobile applications, thereby constraining the market's overall growth potential.

Market Trends

The emergence of Hydrogen Fuel Cell Electric Vehicle (FCEV) Technologies is transforming the market by introducing a practical alternative to battery-electric systems for demanding, heavy-duty applications. While battery-powered machinery performs well for smaller, intermittent tasks, it frequently encounters challenges with weight implications and extended charging times necessary for continuous, high-load operations in isolated locations. Hydrogen combustion and fuel cell technologies overcome these issues by offering rapid refueling cycles and high torque output, akin to traditional diesel engines, enabling operators to sustain current productivity without range anxiety. The commercial feasibility of this trend is rapidly becoming apparent through regulatory achievements; in February 2025, OEM Off-Highway reported on JCB's emphasis on hydrogen technology at bauma 2025, confirming that JCB's hydrogen combustion engine had received certification from 11 European licensing authorities, with over 130 evaluation engines already manufactured for field machines such as backhoe loaders.

Concurrently, the adoption of high-voltage architectures for heavy-duty machinery represents a significant progression from compact urban equipment to substantial, industrial-grade assets suitable for underground and large-scale infrastructure projects. Manufacturers are implementing sophisticated high-voltage systems that deliver the immense power density required for mining trucks and large excavators, sectors historically reliant solely on fossil fuels. This transition is not merely experimental but is generating considerable commercial volume as mining companies actively work to decarbonize their most fuel-intensive fleets. This growing demand is exemplified by recent procurement figures; in April 2025, Sandvik announced its largest-ever order for battery-electric vehicles, valued at approximately SEK 750 million, to supply a fleet of heavy-duty underground trucks and loaders for a project in the United States.

Key Market Players

• Komatsu Ltd.
• AB Volvo
• KUBOTA Corporation
• Caterpillar Inc
• Deere and Company
• Doosan Corporation
• Sandvik AB
• Epiroc AB
• Liebherr Group
• Hitachi Limited

Report Scope

In this report, the Global Electric Construction And Agriculture Equipment Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Electric Construction And Agriculture Equipment Market, By Battery Capacity

• 75kW up to 100 kW
• 101 kW up to 125kW
• 126 kW to 150kW

Electric Construction And Agriculture Equipment Market, By Electric Fuel Type

• Battery Electric
• Plug-in Hybrid
• Fuel Cell/Hydrogen

Electric Construction And Agriculture Equipment Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Electric Construction And Agriculture Equipment Market.

Available Customizations:

Global Electric Construction And Agriculture Equipment Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Electric Construction And Agriculture Equipment Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Battery Capacity (75kW up to 100 kW, 101 kW up to 125kW, 126 kW to 150kW)
  • 5.2.2. By Electric Fuel Type (Battery Electric, Plug-in Hybrid, Fuel Cell/Hydrogen)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Electric Construction And Agriculture Equipment Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Battery Capacity
  • 6.2.2. By Electric Fuel Type
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Electric Construction And Agriculture Equipment Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Battery Capacity
      • 6.3.1.2.2. By Electric Fuel Type
  • 6.3.2. Canada Electric Construction And Agriculture Equipment Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Battery Capacity
      • 6.3.2.2.2. By Electric Fuel Type
  • 6.3.3. Mexico Electric Construction And Agriculture Equipment Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Battery Capacity
      • 6.3.3.2.2. By Electric Fuel Type

7. Europe Electric Construction And Agriculture Equipment Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Battery Capacity
  • 7.2.2. By Electric Fuel Type
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Electric Construction And Agriculture Equipment Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Battery Capacity
      • 7.3.1.2.2. By Electric Fuel Type
  • 7.3.2. France Electric Construction And Agriculture Equipment Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Battery Capacity
      • 7.3.2.2.2. By Electric Fuel Type
  • 7.3.3. United Kingdom Electric Construction And Agriculture Equipment Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Battery Capacity
      • 7.3.3.2.2. By Electric Fuel Type
  • 7.3.4. Italy Electric Construction And Agriculture Equipment Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Battery Capacity
      • 7.3.4.2.2. By Electric Fuel Type
  • 7.3.5. Spain Electric Construction And Agriculture Equipment Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Battery Capacity
      • 7.3.5.2.2. By Electric Fuel Type

8. Asia Pacific Electric Construction And Agriculture Equipment Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Battery Capacity
  • 8.2.2. By Electric Fuel Type
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Electric Construction And Agriculture Equipment Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Battery Capacity
      • 8.3.1.2.2. By Electric Fuel Type
  • 8.3.2. India Electric Construction And Agriculture Equipment Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Battery Capacity
      • 8.3.2.2.2. By Electric Fuel Type
  • 8.3.3. Japan Electric Construction And Agriculture Equipment Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Battery Capacity
      • 8.3.3.2.2. By Electric Fuel Type
  • 8.3.4. South Korea Electric Construction And Agriculture Equipment Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Battery Capacity
      • 8.3.4.2.2. By Electric Fuel Type
  • 8.3.5. Australia Electric Construction And Agriculture Equipment Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Battery Capacity
      • 8.3.5.2.2. By Electric Fuel Type

9. Middle East & Africa Electric Construction And Agriculture Equipment Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Battery Capacity
  • 9.2.2. By Electric Fuel Type
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Electric Construction And Agriculture Equipment Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Battery Capacity
      • 9.3.1.2.2. By Electric Fuel Type
  • 9.3.2. UAE Electric Construction And Agriculture Equipment Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Battery Capacity
      • 9.3.2.2.2. By Electric Fuel Type
  • 9.3.3. South Africa Electric Construction And Agriculture Equipment Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Battery Capacity
      • 9.3.3.2.2. By Electric Fuel Type

10. South America Electric Construction And Agriculture Equipment Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Battery Capacity
  • 10.2.2. By Electric Fuel Type
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Electric Construction And Agriculture Equipment Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Battery Capacity
      • 10.3.1.2.2. By Electric Fuel Type
  • 10.3.2. Colombia Electric Construction And Agriculture Equipment Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Battery Capacity
      • 10.3.2.2.2. By Electric Fuel Type
  • 10.3.3. Argentina Electric Construction And Agriculture Equipment Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Battery Capacity
      • 10.3.3.2.2. By Electric Fuel Type

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Electric Construction And Agriculture Equipment Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. Komatsu Ltd.
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. AB Volvo
• 15.3. KUBOTA Corporation
• 15.4. Caterpillar Inc
• 15.5. Deere and Company
• 15.6. Doosan Corporation
• 15.7. Sandvik AB
• 15.8. Epiroc AB
• 15.9. Liebherr Group
• 15.10. Hitachi Limited

16. Strategic Recommendations

17. About Us & Disclaimer