Global Electric Construction Equipment Market
The Electric Construction Equipment Market refers to the segment of the construction industry focused on the design, manufacturing, and adoption of electric-powered construction machinery and equipment. These electric machines aim to provide efficient, environmentally friendly alternatives to traditional diesel-powered equipment, reducing emissions, noise pollution, and operating costs. Here's an overview of the Electric Construction Equipment Market:
Types of Electric Construction Equipment:
Excavators: Electric excavators are used for digging, trenching, and earthmoving tasks at construction sites. They are powered by electric motors and batteries instead of diesel engines.
Loaders: Electric loaders are used for loading and transporting materials such as soil, gravel, and debris at construction sites. They offer similar capabilities to diesel-powered loaders but with reduced emissions and noise levels.
Cranes: Electric cranes are used for lifting and moving heavy materials and equipment on construction sites. They can be powered by electric motors or hybrid systems that combine electric and diesel power.
Dump Trucks: Electric dump trucks are used for transporting materials such as soil, sand, and gravel at construction sites. They offer similar hauling capacities to diesel-powered dump trucks but with lower operating costs and environmental impact.
Compact Equipment: Electric compact equipment includes mini excavators, skid steer loaders, and compact track loaders powered by electric motors and batteries. They are ideal for indoor construction projects or areas with noise and emissions restrictions.
Market Size and Growth:
Growing Demand: The Electric Construction Equipment Market is experiencing rapid growth due to increasing environmental regulations, sustainability initiatives, and industry trends toward electrification and clean energy.
Market Segments: The market includes both new electric construction equipment sales and aftermarket services such as maintenance, repair, parts, and charging infrastructure.
Market Players: Leading equipment manufacturers and startups are investing in electric construction equipment development and production to meet growing demand and stay competitive in the market.
Key Market Drivers:
Environmental Regulations: Stringent emissions regulations and government incentives for cleaner technologies drive demand for electric construction equipment as a sustainable alternative to diesel-powered machines.
Cost Savings: Electric construction equipment offers lower operating costs over the lifetime of the equipment compared to diesel-powered machines, including savings on fuel, maintenance, and downtime.
Noise Reduction: Electric construction equipment produces less noise pollution than diesel-powered machines, making them suitable for urban construction projects and noise-sensitive environments.
Technological Advancements:
Battery Technology: Advances in battery technology, including lithium-ion batteries and fast-charging systems, improve the performance, range, and charging times of electric construction equipment.
Electric Motors: High-efficiency electric motors and motor controllers optimize power output, torque, and energy efficiency in electric construction machinery.
Telematics and Connectivity: Integrated telematics systems and IoT (Internet of Things) connectivity enable remote monitoring, diagnostics, and predictive maintenance of electric construction equipment, enhancing fleet management and efficiency.
Market Adoption:
Early Adopters: Construction companies, equipment rental firms, and government agencies are early adopters of electric construction equipment, recognizing the benefits of reduced emissions, noise, and operating costs.
Infrastructure Development: The deployment of charging infrastructure at construction sites and equipment yards supports the adoption of electric construction machinery by providing convenient and reliable charging solutions.
Industry Collaboration: Collaboration between equipment manufacturers, technology providers, construction companies, and government agencies accelerates the development and adoption of electric construction equipment through research, pilot projects, and policy support.
Geographical Trends:
North America: North America has a growing market for electric construction equipment, driven by environmental regulations, sustainability initiatives, and market demand for cleaner technologies.
Europe: Europe leads the global market for electric construction equipment, with strong government support for electrification, ambitious emissions reduction targets, and incentives for electric vehicle adoption.
Asia-Pacific: Asia-Pacific countries, including China, Japan, and South Korea, are investing in electric construction equipment development and production to address environmental concerns, reduce reliance on fossil fuels, and promote technological innovation.
Rest of the World: Other regions such as Latin America, the Middle East, and Africa are also witnessing growing interest in electric construction equipment, driven by sustainability goals, infrastructure projects, and industry trends toward electrification.
Overall, the Electric Construction Equipment Market presents significant opportunities for innovation, sustainability, and cost savings in the construction industry, with increasing adoption driven by environmental concerns, regulatory requirements, and technological advancements.
| Report AttributesA2:B10+A2:B12A2:B10A2:B9B8A2:B11A2:B8 | Details |
| Study Period | 2023 to 2033 |
| Base Year | 2023 |
| FORECAST PERIOD | 2024-2030 |
| HISTORICAL PERIOD | 2020-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | • Caterpillar Inc. • Volvo Construction Equipment • Hitachi Construction Machinery Co. Ltd. • Komatsu Ltd. • Liebherr Group • JCB • Deere & Company (John Deere) • Doosan Infracore Co Ltd. • Wacker Neuson SE • XCMG Group • SANY Group • Kobelco Construction Machinery Co. Ltd. • Zoomlion Heavy Industry Science and Technology Co. Ltd. • Terex Corporation • Manitou Group • Others |
| SEGMENTS COVERED | By Type, By Application, and By Geography |
| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
Electric Construction Equipment Market Segments
By Type of Equipment
· Electric Excavators
· Electric Loaders
· Electric Dozers
· Electric Cranes
· Electric Trucks
· Electric Others (Pavers, Compactors, etc.)
By Application
· Residential Construction
· Commercial Construction
· Industrial Construction
· Infrastructure Construction
By Power Source
· Battery Electric Construction Equipment
· Plug-in Hybrid Electric Construction Equipment
By Battery Capacity
· Low Capacity (Below 50 kWh)
· Medium Capacity (50-200 kWh)
· High Capacity (Above 200 kWh)
By Battery Chemistry
· Lithium-ion Batteries
· Lead-acid Batteries
· Nickel-based Batteries
· Others
Electric Construction Equipment Market Regional Analysis
Regional analysis of the Electric Construction Equipment Market provides insights into adoption rates, regulatory environments, infrastructure development, and market dynamics across different geographical regions. Here's an overview:
North America:
Regulatory Environment: North America has stringent emissions regulations and environmental policies that incentivize the adoption of electric construction equipment as a cleaner alternative to diesel-powered machines. Government incentives, tax credits, and grants further encourage investment in electric construction machinery.
Market Drivers: Construction companies, equipment rental firms, and government agencies in North America prioritize sustainability, energy efficiency, and emissions reduction, driving demand for electric construction equipment. Urban construction projects, noise-sensitive environments, and LEED-certified buildings contribute to market growth.
Technological Innovation: North American manufacturers and startups lead innovation in electric construction equipment, developing advanced battery technology, electric drivetrains, and telematics solutions to improve performance, efficiency, and connectivity.
Europe:
Regulatory Leadership: Europe is a global leader in environmental regulations and sustainability initiatives, driving the adoption of electric construction equipment to meet ambitious emissions reduction targets and decarbonization goals. EU directives, emissions standards, and funding programs support the deployment of electric machinery in construction projects.
Market Growth: European construction companies, equipment rental providers, and government agencies prioritize green procurement policies, sustainable construction practices, and circular economy principles, boosting demand for electric construction equipment. Urbanization, infrastructure development, and public investment in green technologies further stimulate market growth.
Industry Collaboration: European manufacturers, research institutions, and government bodies collaborate on R&D projects, pilot initiatives, and industry partnerships to accelerate the development and deployment of electric construction machinery. Public-private partnerships, innovation clusters, and technology hubs drive innovation and market adoption.
Asia-Pacific:
Economic Growth: Asia-Pacific countries, including China, Japan, South Korea, and Australia, experience rapid urbanization, infrastructure expansion, and construction activity, driving demand for construction equipment, including electric machinery. Government-led initiatives, infrastructure projects, and sustainable development goals contribute to market growth in the region.
Technological Advancements: Asian manufacturers invest in electric construction equipment development, leveraging expertise in battery technology, electric drivetrains, and digitalization to address market demand for efficient, environmentally friendly machinery. Research institutes, universities, and industry associations collaborate on innovation projects and technology transfer initiatives to support market growth.
Market Expansion: Emerging markets in Southeast Asia, India, and the Middle East present opportunities for market expansion and investment in electric construction equipment. Urbanization, population growth, and infrastructure investments in smart cities, transportation, and renewable energy drive demand for sustainable construction solutions.
Latin America:
Market Potential: Latin America has a growing construction market fueled by infrastructure projects, residential development, and urban renewal initiatives. Rising urbanization, population growth, and government investments in transportation, energy, and housing create opportunities for electric construction equipment adoption in the region.
Regulatory Landscape: Environmental regulations, emissions standards, and sustainability policies vary across Latin American countries, influencing the adoption of electric construction machinery. Government incentives, tax breaks, and public-private partnerships support market development and investment in clean technologies.
Middle East & Africa (MEA):
Infrastructure Investments: MEA countries invest in infrastructure projects, including transportation, utilities, and urban development, driving demand for construction equipment, including electric machinery. Mega projects, smart city initiatives, and renewable energy investments create opportunities for market growth in the region.
Energy Transition: MEA countries prioritize energy transition, renewable energy deployment, and sustainability goals, driving the adoption of electric construction equipment as part of green construction practices and carbon reduction strategies. Government regulations, incentives, and partnerships promote market development and technology adoption.
Overall, regional analysis of the Electric Construction Equipment Market highlights variations in market size, growth potential, regulatory frameworks, and industry dynamics across different regions, emphasizing the importance of understanding local market conditions and tailoring strategies to address regional needs and opportunities.
Electric Construction Equipment Market Players
· Caterpillar Inc.
· Volvo Construction Equipment
· Hitachi Construction Machinery Co. Ltd.
· Komatsu Ltd.
· Liebherr Group
· JCB
· Deere & Company (John Deere)
· Doosan Infracore Co Ltd.
· Wacker Neuson SE
· XCMG Group
· SANY Group
· Kobelco Construction Machinery Co. Ltd.
· Zoomlion Heavy Industry Science and Technology Co. Ltd.
· Terex Corporation
· Manitou Group
· Others
Table of Contents
Chapter 1. Preface
1.1 Report Description and Scope
1.2 Research scope
1.3 Research methodology
1.3.1 Market Research Type
1.3.2 Market Research Methodology
Chapter 2. Executive Summary
2.1 Global Electric Construction Equipment Market, (2024 – 2033) (USD Billion)
2.2 Global Electric Construction Equipment Market: snapshot
Chapter 3. Global Electric Construction Equipment Market – Industry Analysis
3.1 Electric Construction Equipment Market: Market Dynamics
3.2 Market Drivers
3.2.1 Environmental Regulations and Emission Reduction
3.2.2 Cost Savings and Operational Efficiency
3.2.3 Technological Advancements in Battery Technology
3.2.4 Government Incentives and Initiatives
3.2.5 Infrastructure Development and Urbanization.
3.3 Market Restraints
3.4 Market Opportunities
3.5 Market Challenges
3.6 Porter’s Five Forces Analysis
3.7 Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type of Equipment
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Power Source
3.7.4 Market Attractiveness Analysis By Battery Capacity
3.7.5 Market Attractiveness Analysis By Battery Chemistry
Chapter 4. Global Electric Construction Equipment Market- Competitive Landscape
4.1 Company market share analysis
4.1.1 Global Electric Construction Equipment Market: company market share, 2024
4.2 Strategic development
4.2.1 Acquisitions & mergers
4.2.2 New Product launches
4.2.3 Agreements, partnerships, cullaborations, and Joint Ventures
4.2.4 Research and development and Regional expansion
4.3 Price trend analysis
Chapter 5. Global Electric Construction Equipment Market – Type of Equipment Analysis
5.1 Global Electric Construction Equipment Market Overview: By Type of Equipment
5.1.1 Global Electric Construction Equipment Market Share, By Type of Equipment, 2024 and – 2033
5.2 Electric Excavators
5.2.1 Global Electric Construction Equipment Market by Electric Excavators, 2024 – 2033 (USD Billion)
5.3 Electric Loaders
5.3.1 Global Electric Construction Equipment Market by Electric Loaders, 2024 – 2033 (USD Billion)
5.4 Electric Dozers
5.4.1 Global Electric Construction Equipment Market by Electric Dozers, 2024 – 2033 (USD Billion)
5.5 Electric Cranes
5.5.1 Global Electric Construction Equipment Market by Electric Cranes, 2024 – 2033 (USD Billion)
5.6 Electric Trucks
5.6.1 Global Electric Construction Equipment Market by Electric Trucks, 2024 – 2033 (USD Billion)
5.7 Electric Others (Pavers, Compactors, etc.)
5.7.1 Global Electric Construction Equipment Market by Electric Others (Pavers, Compactors, etc.), 2024 – 2033 (USD Billion)
Chapter 6. Global Electric Construction Equipment Market – Application Analysis
6.1 Global Electric Construction Equipment Market Overview: By Application
6.1.1 Global Electric Construction Equipment Market Share, By Application, 2024 and – 2033
6.2 Residential Construction
6.2.1 Global Electric Construction Equipment Market by Residential Construction, 2024 – 2033 (USD Billion)
6.3 Commercial Construction
6.3.1 Global Electric Construction Equipment Market by Commercial Construction, 2024 – 2033 (USD Billion)
6.4 Industrial Construction
6.4.1 Global Electric Construction Equipment Market by Industrial Construction, 2024 – 2033 (USD Billion)
6.5 Infrastructure Construction
6.5.1 Global Electric Construction Equipment Market by Infrastructure Construction, 2024 – 2033 (USD Billion)
Chapter 7. Global Electric Construction Equipment Market – Power Source Analysis
7.1 Global Electric Construction Equipment Market Overview: By Power Source
7.1.1 Global Electric Construction Equipment Market Share, By Power Source, 2024 and – 2033
7.2 Battery Electric Construction Equipment
7.2.1 Global Electric Construction Equipment Market by Battery Electric Construction Equipment, 2024 – 2033 (USD Billion)
7.3 Plug-in Hybrid Electric Construction Equipment
7.3.1 Global Electric Construction Equipment Market by Plug-in Hybrid Electric Construction Equipment, 2024 – 2033 (USD Billion)
Chapter 8. Global Electric Construction Equipment Market – Battery Capacity Analysis
8.1 Global Electric Construction Equipment Market Overview: By Battery Capacity
8.1.1 Global Electric Construction Equipment Market Share, By Battery Capacity, 2024 and – 2033
8.2 Low Capacity (Below 50 kWh)
8.2.1 Global Electric Construction Equipment Market by Low Capacity (Below 50 kWh), 2024 – 2033 (USD Billion)
8.3 Medium Capacity (50-200 kWh)
8.3.1 Global Electric Construction Equipment Market by Medium Capacity (50-200 kWh), 2024 – 2033 (USD Billion)
8.4 High Capacity (Above 200 kWh)
8.4.1 Global Electric Construction Equipment Market by High Capacity (Above 200 kWh), 2024 – 2033 (USD Billion)
Chapter 9. Global Electric Construction Equipment Market – Battery Chemistry Analysis
9.1 Global Electric Construction Equipment Market Overview: By Battery Chemistry
9.1.1 Global Electric Construction Equipment Market Share, By Battery Chemistry, 2024 and – 2033
9.2 Lithium-ion Batteries
9.2.1 Global Electric Construction Equipment Market by Lithium-ion Batteries, 2024 – 2033 (USD Billion)
9.3 Lead-acid Batteries
9.3.1 Global Electric Construction Equipment Market by Lead-acid Batteries, 2024 – 2033 (USD Billion)
9.4 Nickel-based Batteries
9.4.1 Global Electric Construction Equipment Market by Nickel-based Batteries, 2024 – 2033 (USD Billion)
9.5 Others
9.5.1 Global Electric Construction Equipment Market by Others, 2024 – 2033 (USD Billion)
Chapter 10. Electric Construction Equipments Market – Regional Analysis
10.1 Global Electric Construction Equipment Market Regional Overview
10.2 Global Electric Construction Equipments Market Share, by Region, 2024 & – 2033 (USD Billion)
10.3. North America
10.3.1 North America Electric Construction Equipments Market, 2024 – 2033 (USD Billion)
10.3.1.1 North America Electric Construction Equipments Market, by Country, 2024 – 2033 (USD Billion)
10.4 North America Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033
10.4.1 North America Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033 (USD Billion)
10.5 North America Electric Construction Equipments Market, by Application, 2024 – 2033
10.5.1 North America Electric Construction Equipments Market, by Application, 2024 – 2033 (USD Billion)
10.6 North America Electric Construction Equipments Market, by Power Source, 2024 – 2033
10.6.1 North America Electric Construction Equipments Market, by Power Source, 2024 – 2033 (USD Billion)
10.7 North America Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033
10.7.1 North America Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033 (USD Billion)
10.8 North America Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033
10.8.1 North America Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033 (USD Billion)
10.9. Europe
10.9.1 Europe Electric Construction Equipments Market, 2024 – 2033 (USD Billion)
10.9.1.1 Europe Electric Construction Equipments Market, by Country, 2024 – 2033 (USD Billion)
10.10 Europe Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033
10.10.1 Europe Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033 (USD Billion)
10.11 Europe Electric Construction Equipments Market, by Application, 2024 – 2033
10.11.1 Europe Electric Construction Equipments Market, by Application, 2024 – 2033 (USD Billion)
10.12 Europe Electric Construction Equipments Market, by Power Source, 2024 – 2033
10.12.1 Europe Electric Construction Equipments Market, by Power Source, 2024 – 2033 (USD Billion)
10.13 Europe Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033
10.13.1 Europe Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033 (USD Billion)
10.14 Europe Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033
10.14.1 Europe Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033 (USD Billion)
10.15. Asia Pacific
10.15.1 Asia Pacific Electric Construction Equipments Market, 2024 – 2033 (USD Billion)
10.15.1.1 Asia Pacific Electric Construction Equipments Market, by Country, 2024 – 2033 (USD Billion)
10.16 Asia Pacific Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033
10.16.1 Asia Pacific Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033 (USD Billion)
10.17 Asia Pacific Electric Construction Equipments Market, by Application, 2024 – 2033
10.17.1 Asia Pacific Electric Construction Equipments Market, by Application, 2024 – 2033 (USD Billion)
10.18 Asia Pacific Electric Construction Equipments Market, by Power Source, 2024 – 2033
10.18.1 Asia Pacific Electric Construction Equipments Market, by Power Source, 2024 – 2033 (USD Billion)
10.19 Asia Pacific Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033
10.19.1 Asia Pacific Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033 (USD Billion)
10.20 Asia Pacific Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033
10.20.1 Asia Pacific Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033 (USD Billion)
10.21. Latin America
10.21.1 Latin America Electric Construction Equipments Market, 2024 – 2033 (USD Billion)
10.21.1.1 Latin America Electric Construction Equipments Market, by Country, 2024 – 2033 (USD Billion)
10.22 Latin America Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033
10.22.1 Latin America Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033 (USD Billion)
10.23 Latin America Electric Construction Equipments Market, by Application, 2024 – 2033
10.23.1 Latin America Electric Construction Equipments Market, by Application, 2024 – 2033 (USD Billion)
10.24 Latin America Electric Construction Equipments Market, by Power Source, 2024 – 2033
10.24.1 Latin America Electric Construction Equipments Market, by Power Source, 2024 – 2033 (USD Billion)
10.25 Latin America Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033
10.25.1 Latin America Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033 (USD Billion)
10.26 Latin America Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033
10.26.1 Latin America Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033 (USD Billion)
10.27. The Middle-East and Africa
10.27.1 The Middle-East and Africa Electric Construction Equipments Market, 2024 – 2033 (USD Billion)
10.27.1.1 The Middle-East and Africa Electric Construction Equipments Market, by Country, 2024 – 2033 (USD Billion)
10.28 The Middle-East and Africa Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033
10.28.1 The Middle-East and Africa Electric Construction Equipments Market, by Type of Equipments, 2024 – 2033 (USD Billion)
10.29 The Middle-East and Africa Electric Construction Equipments Market, by Application, 2024 – 2033
10.29.1 The Middle-East and Africa Electric Construction Equipments Market, by Application, 2024 – 2033 (USD Billion)
10.30 The Middle-East and Africa Electric Construction Equipments Market, by Power Source, 2024 – 2033
10.30.1 The Middle-East and Africa Electric Construction Equipments Market, by Power Source, 2024 – 2033 (USD Billion)
10.31 The Middle-East and Africa Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033
10.31.1 The Middle-East and Africa Electric Construction Equipments Market, by Battery Capacity, 2024 – 2033 (USD Billion)
10.32 The Middle-East and Africa Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033
10.32.1 The Middle-East and Africa Electric Construction Equipments Market, by Battery Chemistry, 2024 – 2033 (USD Billion)
Chapter 11. Company Profiles
11.1 Caterpillar Inc.
11.1.1 Overview
11.1.2 Financials
11.1.3 Product Portfolio
11.1.4 Business Strategy
11.1.5 Recent Developments
11.2 Volvo Construction Equipment
11.2.1 Overview
11.2.2 Financials
11.2.3 Product Portfolio
11.2.4 Business Strategy
11.2.5 Recent Developments
11.3 Hitachi Construction Machinery Co. Ltd.
11.3.1 Overview
11.3.2 Financials
11.3.3 Product Portfolio
11.3.4 Business Strategy
11.3.5 Recent Developments
11.4 Komatsu Ltd.
11.4.1 Overview
11.4.2 Financials
11.4.3 Product Portfolio
11.4.4 Business Strategy
11.4.5 Recent Developments
11.5 Liebherr Group
11.5.1 Overview
11.5.2 Financials
11.5.3 Product Portfolio
11.5.4 Business Strategy
11.5.5 Recent Developments
11.6 JCB
11.6.1 Overview
11.6.2 Financials
11.6.3 Product Portfolio
11.6.4 Business Strategy
11.6.5 Recent Developments
11.7 Deere & Company (John Deere)
11.7.1 Overview
11.7.2 Financials
11.7.3 Product Portfolio
11.7.4 Business Strategy
11.7.5 Recent Developments
11.8 Doosan Infracore Co Ltd.
11.8.1 Overview
11.8.2 Financials
11.8.3 Product Portfolio
11.8.4 Business Strategy
11.8.5 Recent Developments
11.9 Wacker Neuson SE
11.9.1 Overview
11.9.2 Financials
11.9.3 Product Portfolio
11.9.4 Business Strategy
11.9.5 Recent Developments
11.10 XCMG Group
11.10.1 Overview
11.10.2 Financials
11.10.3 Product Portfolio
11.10.4 Business Strategy
11.10.5 Recent Developments
11.11 SANY Group
11.11.1 Overview
11.11.2 Financials
11.11.3 Product Portfolio
11.11.4 Business Strategy
11.11.5 Recent Developments
11.12 Kobelco Construction Machinery Co. Ltd.
11.12.1 Overview
11.12.2 Financials
11.12.3 Product Portfolio
11.12.4 Business Strategy
11.12.5 Recent Developments
11.13 Zoomlion Heavy Industry Science and Technology Co. Ltd.
11.13.1 Overview
11.13.2 Financials
11.13.3 Product Portfolio
11.13.4 Business Strategy
11.13.5 Recent Developments
11.14 Terex Corporation
11.14.1 Overview
11.14.2 Financials
11.14.3 Product Portfolio
11.14.4 Business Strategy
11.14.5 Recent Developments
11.15 Manitou Group
11.15.1 Overview
11.15.2 Financials
11.15.3 Product Portfolio
11.15.4 Business Strategy
11.15.5 Recent Developments
11.16 Others.
11.16.1 Overview
11.16.2 Financials
11.16.3 Product Portfolio
11.16.4 Business Strategy
11.16.5 Recent Developments
Electric Construction Equipment Market Segments
By Type of Equipment
· Electric Excavators
· Electric Loaders
· Electric Dozers
· Electric Cranes
· Electric Trucks
· Electric Others (Pavers, Compactors, etc.)
By Application
· Residential Construction
· Commercial Construction
· Industrial Construction
· Infrastructure Construction
By Power Source
· Battery Electric Construction Equipment
· Plug-in Hybrid Electric Construction Equipment
By Battery Capacity
· Low Capacity (Below 50 kWh)
· Medium Capacity (50-200 kWh)
· High Capacity (Above 200 kWh)
By Battery Chemistry
· Lithium-ion Batteries
· Lead-acid Batteries
· Nickel-based Batteries
Others
Electric Construction Equipment Market Players
· Caterpillar Inc.
· Volvo Construction Equipment
· Hitachi Construction Machinery Co. Ltd.
· Komatsu Ltd.
· Liebherr Group
· JCB
· Deere & Company (John Deere)
· Doosan Infracore Co Ltd.
· Wacker Neuson SE
· XCMG Group
· SANY Group
· Kobelco Construction Machinery Co. Ltd.
· Zoomlion Heavy Industry Science and Technology Co. Ltd.
· Terex Corporation
· Manitou Group
Others
