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Global Electric Vehicles for Construction, Agriculture and Mining Market Outlook 2022
SKU ID : QYR-19852427 | Publishing Date : 04-Jan-2022 | No. of pages : 106
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Electric vehicles mean utilizes the power as the power source integrating the advanced technology of the power control and drive section.
Global Electric Vehicles for Construction, Agriculture and Mining key players include Komatsu, Caterpillar, Hitachi, John Deere, Volvo etc. Global top five manufacturers hold a share over 80%. Europe is the largest market, with a share over 25%, followed by China and North America, both have a share over 40% percent.
In terms of product, Hybrid is the largest segment, with a share over 90%. And in terms of application, the largest application is Construction, followed by Mining and Agriculture.
Market Analysis and Insights: Global Electric Vehicles for Construction, Agriculture and Mining Market
The global Electric Vehicles for Construction, Agriculture and Mining market was valued at US$ 3711 million in 2020 and it is expected to reach US$ 63900 million by the end of 2027, growing at a CAGR of 49.6% during 2021-2027.
Global Electric Vehicles for Construction, Agriculture and Mining Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Vehicles for Construction, Agriculture and Mining Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Hybrid
Pure-electric
Segment by Application
Construction
Mining
Agriculture
By Company
Komatsu
Caterpillar
Hitachi
John Deere
Volvo
Atlas Copco
SUNWARD
Merlo
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Global Electric Vehicles for Construction, Agriculture and Mining key players include Komatsu, Caterpillar, Hitachi, John Deere, Volvo etc. Global top five manufacturers hold a share over 80%. Europe is the largest market, with a share over 25%, followed by China and North America, both have a share over 40% percent.
In terms of product, Hybrid is the largest segment, with a share over 90%. And in terms of application, the largest application is Construction, followed by Mining and Agriculture.
Market Analysis and Insights: Global Electric Vehicles for Construction, Agriculture and Mining Market
The global Electric Vehicles for Construction, Agriculture and Mining market was valued at US$ 3711 million in 2020 and it is expected to reach US$ 63900 million by the end of 2027, growing at a CAGR of 49.6% during 2021-2027.
Global Electric Vehicles for Construction, Agriculture and Mining Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Electric Vehicles for Construction, Agriculture and Mining Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Hybrid
Pure-electric
Segment by Application
Construction
Mining
Agriculture
By Company
Komatsu
Caterpillar
Hitachi
John Deere
Volvo
Atlas Copco
SUNWARD
Merlo
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
