Global Electric Off-Highway Vehicle Market

Global Electric Off-Highway Vehicle Market Size, Trends, and Analysis with COVID-19 Impact - Forecasts 2026 By Equipment Type (Electric Loader, Electric Excavator, Electric Motor Grader, Electric Dozer, Electric Dump Truck, Electric Lawn Mower, Electric Load-Haul-Dump Loader (LHD), Electric Sprayer, Electric Tractor), By Battery Capacity (<50 KWH, 50-200 KWH, 200-250 KWH, >500 KWH), By Battery Type (Lithium-Ion, Lead-Acid, Other Batteries), By Power Output (<50 HP, 50-150 HP, 150-300 HP, >300 HP), By Propulsion (Hybrid Electric, Battery Electric), By Application (Construction, Gardening, Mining, Agriculture), By Region (North America, Europe, Asia Pacific and Rest of the World), Company Market Share Analysis and Competitor Analysis

Category Automotive & Transportation

Format

This report was recently updated on April 12 2024 with the latest and most recent market numbers

Electric Off-Highway Vehicle Market Insights

The global electric off-highway vehicle market will propel at a high CAGR over the coming years from 2020 to 2026. An electric vehicle is a vehicle fully or partially powered by electricity. An electric vehicle typically stores its energy inside the battery. The power of the electric vehicle is always measured in kilowatts (kW). The operating costs of an EV vary widely depending on the location due to its advantages of convenience, cheap at cost, time-saving, accuracy during operations, and high efficiency, the market is likely to grow during the forecast period. Hence, the rising need to improve the safety and health of an electric off-highway vehicle will drive market growth. The rising government investments in the development of the product coupled with the growing demand for electric off-highway vehicles drive the market growth. However, the initial cost is higher than traditional ICE vehicles, and stringent government rules and regulations, which are some of the factors likely to restrain market growth during the forecast period.

Electric Off-Highway Vehicle Market: By Propulsion

Based on the study of the propulsion, the market is bifurcated into two segments namely; battery-electric vehicle, and hybrid vehicle. The largest share contributed in this market segment is the battery segment. Batteries are used to power the propulsion system of a battery electric vehicle (BEVs) in addition to the specialized traction battery systems used for industrial vehicles. Electric cars use electric motors instead of internal combustion engines (ICEs). Accordingly, with the increasing stringency of emission regulations and the desired operating efficiency, demand for off-road battery-electric vehicles is driving the growth of the market.

Electric Off-Highway Vehicle Market: By Power Output

Based on the study of power output, the global electric off-highway vehicle market is fragmented into <50 house power, 50-150 horsepower, 150-300 house power, and >300 house power. The largest share contributed in this market segment is the < 50 house power segment. Motors generating < 50 hp is generally used in electric and hybrid small off-road vehicles. All hybrid and electric off-road vehicles are fitted with one or even sometimes two electric motors, depending on the specifications of the vehicle.

Electric Off-Highway Vehicle Market: By Battery Capacity

Based on the study of the battery capacity, this market is segmented into four segments namely; <50 kWh, 50-200 kWh, 200-250 kWh, and >500 kWh. The 50-200 kWh segment is expected to be the fastest-growing segment to hold the largest market share during the forecast period. This is due to the increasing demand for medium-and small-range off-highway components expected to drive the growth of the market.

Electric Off-Highway Vehicle Market: By Battery Type

Based on the study of type, this market is segmented into lead-acid, lithium-ion, and among others. The lithium-ion segment is expected to be the fastest-growing segment to hold the largest market share during the forecast period. This is due to the electric off-highway vehicles which are fitted with lithium-ion batteries and are mainly used for applications in mining and construction. The companies are adopting lithium-ion battery technology which can enhance the efficiency of construction equipment and earthmoving applications.

Electric Off-Highway Vehicle Market: By Application

Based on the study of the application, this market is fragmented into four segments namely; construction, gardening, mining, and agriculture. The agriculture segment is expected to be the fastest-growing segment during the forecast period. This is due to the growing demand for grain products and increasing technological advancements in the agriculture industry, which in turn is expected to drive the market growth.

Electric Off-Highway Vehicle Market: By Region

Based on the region, the global Electric Off-Highway Vehicle market is split into North America, Europe, MEA, CSA, and Asia-Pacific. The largest revenue contributor in the market is the North American region during the forecast period. The increasing enhancement in the efficiency of mining and construction equipment is driving the market growth for the electric off-highway vehicle. The U.S. is heavily investing and increasing expenditure in infrastructure development, which is expected to propel the market growth in the region. Furthermore, the Asia Pacific is witnessing to be the fastest-growing region during the forecast period due to the improvement in the agricultural sector coupled with rising consumer expenditure on purchasing an electric vehicle.

Electric Off-Highway Vehicle Market Share & Competitor Analysis

The main key players operating in this market are JCB, Solectrac, INC., Dana Limited, Caterpillar Komatsu, Deutz AG, Fendt, Kobelco Construction Machinery Europe B.V., Husqvarna, Stihl Holding AG and Co. Kg, Liebherr, Epiroc, Exel Industries, Hitachi Construction Machinery, Sky-well New Energy Automobile Group Co. Ltd, Volvo Construction Equipment, XCMG, Doosan, Sany Heavy Industries, Deere & Company, Byd Company Ltd., Kubota, BEML, CRRC Corporation Limited (CRRC), Sandvik, among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In July 2020, Epiroc has agreed to offer Vale with 10 battery-electric vehicles for two Canadian mine sites, which include, two Boomer M2C drill rigs, and two Boltec MC bolting rigs, among others.

In March 2020, The PC30E-5 Electric Mini Excavator was introduced in Japan by Komatsu. This excavator includes a 36 kWh battery.

Check the Press Release on Global Electric Off-Highway Vehicle Market Report

Electronic off-Highway Vehicle Market: By Battery Capacity

Introduction
1. Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
50 kwh
1. 50 kwh: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
50-200 kwh
1. 50-200 kwh: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
200-250 kwh
1. 200-250 kwh: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
>500 kwh
1. >500 kwh: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)

Electronic off-Highway Vehicle Market: By Propulsion

Introduction
1. Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
Hybrid Electric
1. Hybrid Electric: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Battery Electric
1. Battery Electric: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)

Electronic off-Highway Vehicle Market: By Battery Type

Introduction
1. Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
Lithium-Ion
1. Lithium-Ion: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Lead-Acid
1. Lead-Acid: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million
Other Batteries
1. Other Batteries: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million

Electronic off-Highway Vehicle Market: By Power Output

Introduction
1. Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
<50 HP
1. <50 HP: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
50-150 HP
1. 50-150 HP: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
150-300 HP
1. 150-300HP: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
>300 HP
1. >300 HP: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)

Electronic off-Highway Vehicle Market: By Application

Introduction
1. Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
Construction
1. Construction: Electronic Off-Highway Vehicle Market, 2020-2026 (USD Million)
Gardening
1. Gardening: Electronic Off-Highway Vehicle Market, 2020-2026 (USD Million)
Mining
1. Mining: Electronic Off-Highway Vehicle Market, 2020-2026 (USD Million)
Agriculture
1. Agriculture: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)

Electronic off-Highway Vehicle Market: By Equipment Type

Introduction
1. Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
Electric Loader
1. Electric Loader: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Excavator
1. Electric Excavator: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Motor Grader
1. Electric Motor Grader: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Dozer
1. Electric Dozer: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Dump Truck
1. Electric Dump Truck: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Lawn Mower
1. Electric Lawn Mower: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Load-Haul-Dump Loader (LHD)
1. Electric Load-Haul-Dump Loader (LHD): Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Sprayer
1. Electric Sprayer: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)
Electric Tractor
1. Electric Tractor: Electronic off-Highway Vehicle Market, 2020-2026 (USD Million)

Electronic off-Highway Vehicle Market: By Region

Introduction
1. Global Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
North America
1. North America Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Battery Capacity
    1. North America Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
  2. By Propulsion
    1. North America Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
  3. By Battery Type
    1. North America Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
  4. By Power Output
    1. North America Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
  5. By Application
    1. North America Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
  6. By Equipment Type
    1. North America Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
  7. By Country
    1. U.S
      1. By Battery Capacity
        
        U.S Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        U.S Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        U.S Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        U.S Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        U.S Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        U.S Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    2. Canada.
      1. By Battery Capacity
        
        Canada Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Canada Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Canada Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Canada Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Canada Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Canada Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    3. Mexico
      1. By Battery Capacity
        
        Mexico Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Mexico Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Mexico Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Mexico Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Mexico Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Mexico Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
Europe
1. Europe Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Battery Capacity
    1. Europe Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
  2. By Propulsion
    1. Europe Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
  3. By Battery Type
    1. Europe Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
  4. By Power Output
    1. Europe Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
  5. By Application
    1. Europe Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
  6. By Equipment Type
    1. Europe Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
  7. By Country
    1. Germany
      1. By Battery Capacity
        
        Germany Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Germany Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Germany Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Germany Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Germany Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Germany Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    2. UK
      1. By Battery Capacity
        
        UK Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        UK Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        UK Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        UK Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        UK Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        UK Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    3. France
      1. By Battery Capacity
        
        France Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        France Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        France Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        France Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        France Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        France Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    4. Italy
      1. By Battery Capacity
        
        Italy Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Italy Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Italy Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Italy Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Italy Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Italy Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    5. Rest Of Europe
      1. By Battery Capacity
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Rest Of Europe Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
Asia Pacific
1. Asia Pacific Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Battery Capacity
    1. Asia Pacific Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
  2. By Propulsion
    1. Asia Pacific Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
  3. By Battery Type
    1. Asia Pacific Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
  4. By Power Output
    1. Europe Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
  5. By Application
    1. Asia Pacific Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
  6. By Equipment Type
    1. Asia Pacific Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
  7. By Country
    1. China
      1. By Battery Capacity
        
        China Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        China Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        China Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        China Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        China Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        China Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    2. Japan
      1. By Battery Capacity
        
        Japan Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Japan Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Japan Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Japan Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Japan Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Japan Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    3. India
      1. By Battery Capacity
        
        India Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        India Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        India Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        India Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        India Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        India Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
Central & South America
1. Central & South America Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Battery Capacity
    1. Central & South America Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
  2. By Propulsion
    1. Central & South America Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
  3. By Battery Type
    1. Central & South America Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
  4. By Power Output
    1. Central & South America Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
  5. By Application
    1. Central & South America Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
  6. By Equipment Type
    1. Central & South America Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
  7. By Country
    1. Brazil
      1. By Battery Capacity
        
        Brazil Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Brazil Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Brazil Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Brazil Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Brazil Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Brazil Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Electronic off-Highway Vehicle Market, Regional Analysis, 2020-2026 (USD Million)
  1. By Battery Capacity
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
  2. By Propulsion
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
  3. By Battery Type
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
  4. By Power Output
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
  5. By Application
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
  6. By Equipment Type
    1. Middle East & Africa Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
  7. By Country
    1. Saudi Arabia
      1. By Battery Capacity
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        Saudi Arabia Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)
    2. UAE
      1. By Battery Capacity
        
        UAE Electronic off-Highway Vehicle Market, By Battery Capacity, 2020-2026 (USD Million)
      2. By Propulsion
        
        UAE Electronic off-Highway Vehicle Market, By Propulsion, 2020-2026 (USD Million)
      3. By Battery Type
        
        UAE Electronic off-Highway Vehicle Market, By Battery Type , 2020-2026 (USD Million)
      4. By Power Output
        
        UAE Electronic off-Highway Vehicle Market, By Power Output, 2020-2026 (USD Million)
      5. By Application
        
        UAE Electronic off-Highway Vehicle Market, By Application, 2020-2026 (USD Million)
      6. By Equipment Type
        
        UAE Electronic off-Highway Vehicle Market, By Equipment Type, 2020-2026 (USD Million)

The global Electric Off-Highway Vehicle Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Electric Off-Highway Vehicle Market.

Electric Off-Highway Vehicle Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Electric Off-Highway Vehicle Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Electric Off-Highway Vehicle Market