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Innovative Business Models, Data Sharing, and Partnerships for Component Standardization Hold Potential
12-Apr-2023
North America
Market Research
K816-01-00-00-00
AU02515-NA-MT_27570
Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models. The various requirements for electrification, which include charging infrastructure, are growing and driving collaborations between OEMs, suppliers, utility companies, and technology. The study intends to benchmark the total market penetration of the off-highway electric equipment. OEMs and technology suppliers are increasingly adapting their powertrain portfolio to suit hybrid/ fully electric equipment or even those specifically designed for net zero. Tightening emission regulations and the need to reduce fuel-related costs have led major OEMs and suppliers to develop a range of technologies that will ultimately enable fuel cost optimization, improve operability, and maximize availability. This analytics covers key sustainability initiatives, emission regulations, technology trends, market drivers and restraints, competitive factors, regional market shares, and product launches. Hybrid and electric powertrains in off-highway equipment are becoming popular because of the significant cost savings that they warrant. Every fleet in the off-highway equipment industry will receive these powertrains well because of the "reduced to null" diesel fuel consumption, better overall energy efficiency, and reduced machine downtimes. This research provides a detailed forecast of market adoption for each type of off-highway equipment type.
Author: Krishna Achuthan
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Off-highway Equipment Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Greenhouse Gas Protocol (GHGP) Overview
US Government Initiatives—DERA Grants Awarded, 2021
US Government Initiatives—DERA Grants Awarded, 2021 (continued)
European Green Deal
Municipal and National Initiatives
Global GDP Growth Expectations
Recessionary/Slowdown Expectations for Major Economies
Global GDP Growth Snapshot
Advanced Economy Predictions for 2023
Emerging Market Economy Predictions for 2023
Chinese Government Initiatives for Electric Off-highway Equipment
The Euro Area—GDP Growth Outlook
Major Projects in Focus to Boost the Indian Economy
Electric Off-Highway Equipment—Powertrain Schematics
Electric Drivetrain Topologies
Electrification—Technology Roadmap
Battery Chemistry
Lithium Battery Technology Roadmap for Current and Evolving Chemistries, 2016–2030
Off-Highway Powertrain Overview by Segment
Electric Product Launches, North America
Electric Product Launches, Europe
Electric Product Launches, China
Electric Product Launches, India, 2022 & 2023
Electric Tractor Development Trends—India
Total Cost of Ownership Methodology and Assumptions
Total Cost of Ownership (TCO) Comparison—Diesel vs. Electric Excavator
TCO Comparison—Loader and Dump Truck
Acquisition Cost Evolution—Diesel vs. Battery electric
Key Findings
Unit Sales Forecast
Unit Sales by Equipment Type
Key Competitors*
Scope of Analysis
Segmentation
Growth Drivers
Growth Restraints
Growth Metrics
Forecast Assumptions and Methodology
Global Unit Sales and EIO Forecast
Global Unit Sales Forecast by Equipment Type
Global EIO Forecast by Type
Global Unit Sales and EIO Forecast by Powertrain
Unit Sales Forecast by Region
EIO Forecast by Region
Forecast Discussion
Electric Powertrain Mapping
Electric Equipment—Competitive Positioning
Electric Equipment—Competitive Positioning (continued)
Electric Equipment—Competitive Positioning (continued)
Growth Opportunity 1—Equipment Standardization
Growth Opportunity 1—Equipment Standardization (continued)
Growth Opportunity 2—Alternative Electricity Generation Methods and Grid Management
Growth Opportunity 2—Alternative Electricity Generation Methods and Grid Management (continued)
Growth Opportunity 3—New Business Models for Equipment-as-a-Service
Growth Opportunity 3—New Business Models for Equipment-as-a-Service (continued)
Hybrid Off-highway Equipment Launches, NA, 2008–2030
Hybrid Off-highway Equipment Launches, NA, 2008–2030 (continued)
Hybrid Off-highway Equipment Launches, NA, 2008–2030 (continued)
Battery-electric Off-highway Equipment Launches, NA, 2016–2030
Battery-electric Off-highway Equipment Launches, NA, 2016–2030 (continued)
Battery-electric Off-highway Equipment Launches, NA, 2016–2030 (continued)
Hybrid Off-highway Equipment Launches, Europe, 2009–2023
Hybrid Off-highway Equipment Launches, Europe, 2009–2023 (continued)
Electric Off-highway Equipment Launches, Europe, 2016–2023
Electric Off-highway Equipment Launches, Europe, 2016–2023 (continued)
Electric Off-highway Equipment Launches, Europe, 2016–2023 (continued)
Electric Off-highway Equipment Launches, Europe, 2016–2023 (continued)
Hybrid Off-highway Equipment Launches, China, 2017–2025
Electric Off-highway Equipment Launches, China, 2019–2022
Electric Off-highway Equipment Launches, China, 2022–2025 (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
List of Figures
- Hybrid Off-highway Product Launches Per Year, North America, 2008–2030
- Battery-electric Off-highway Product Launches Per Year, North America, 2016–2030
- Hybrid Off-highway Product Launches Per Year, Europe, 2005–2022
- Battery-electric Off-highway Product Launches Per Year, Europe, 2016–2022
- Hybrid Off-highway Product Launches Per Year, China, 2017–2025
- Battery-electric Off-highway Product Launches Per Year, China, 2019–2025
- Off-highway: TCO—Diesel vs. Battery Electric Mini-Excavator, Global, 2021
- Off-highway: TCO—Diesel vs. Battery Electric Excavator, Global, 2021
- Off-highway: TCO—Diesel vs Battery Electric Loader, Global, 2021
- Off-highway: TCO—Diesel vs. Battery Dump Truck, Global, 2021
- Electric Off-highway Equipment: Unit Sales, Global, 2021–2030
- Electric Off-Highway Equipment: Growth Drivers, Global, 2022–2030
- Electric Off-Highway Equipment: Growth Restraints, Global, 2022–2030
- Off-highway Equipment: Growth Metrics, Global, 2021
- Hybrid and Electric Off-highway Equipment Unit Sales, Global, 2021–2030
- Hybrid and Electric Off-highway Equipment in Operation, Global, 2021–2030
- Off-highway Hybrid and Electric Equipment Unit Sales, Global 2021–2030
- Off-highway Hybrid and Electric Equipment in Operation, Global 2021–2030
- Off-highway Electric Equipment Unit Sales by Powertrain Type, Global 2021–2030
- Off-highway Electric Equipment in Operation by Powertrain Type, Global 2021–2030
- Electric Off-highway Construction and Mining Equipment Unit Sales, Global, 2021–2030
- Electric Off-highway Construction and Mining Equipment in Operation, Global, 2021–2030
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| Deliverable Type | Market Research |
|---|---|
| Author | Nithin Velupur |
| Industries | Automotive |
| No Index | No |
| Is Prebook | No |
| Keyword 1 | Electric Off-Highway Equipment |
| Keyword 2 | Global Off-Highway Equipment Market |
| Keyword 3 | Off-Road Equipment Market |
| List of Charts and Figures | Hybrid Off-highway Product Launches Per Year, North America, 2008–2030~ Battery-electric Off-highway Product Launches Per Year, North America, 2016–2030~ Hybrid Off-highway Product Launches Per Year, Europe, 2005–2022~ Battery-electric Off-highway Product Launches Per Year, Europe, 2016–2022~ Hybrid Off-highway Product Launches Per Year, China, 2017–2025~ Battery-electric Off-highway Product Launches Per Year, China, 2019–2025~ Off-highway: TCO—Diesel vs. Battery Electric Mini-Excavator, Global, 2021~ Off-highway: TCO—Diesel vs. Battery Electric Excavator, Global, 2021~ Off-highway: TCO—Diesel vs Battery Electric Loader, Global, 2021~ Off-highway: TCO—Diesel vs. Battery Dump Truck, Global, 2021~ Electric Off-highway Equipment: Unit Sales, Global, 2021–2030~ Electric Off-Highway Equipment: Growth Drivers, Global, 2022–2030~ Electric Off-Highway Equipment: Growth Restraints, Global, 2022–2030~ Off-highway Equipment: Growth Metrics, Global, 2021~ Hybrid and Electric Off-highway Equipment Unit Sales, Global, 2021–2030~ Hybrid and Electric Off-highway Equipment in Operation, Global, 2021–2030~ Off-highway Hybrid and Electric Equipment Unit Sales, Global 2021–2030~ Off-highway Hybrid and Electric Equipment in Operation, Global 2021–2030~ Off-highway Electric Equipment Unit Sales by Powertrain Type, Global 2021–2030~ Off-highway Electric Equipment in Operation by Powertrain Type, Global 2021–2030~ Electric Off-highway Construction and Mining Equipment Unit Sales, Global, 2021–2030~ Electric Off-highway Construction and Mining Equipment in Operation, Global, 2021–2030~ |
| Podcast | No |
| WIP Number | K816-01-00-00-00 |
Electric Off-highway Equipment Growth Opportunities
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