This report studies the global Electric Vehicles for Construction, Agriculture and Mining market status and forecast, categorizes the global Electric Vehicles for Construction, Agriculture and Mining market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
The electric vehicles affects the development of Construction, Agriculture and Mining industry. Electric vehicles mean utilizes the power as the power source integrating the advanced technology of the power control and drive section.
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Diesel-electric technology has been around since the beginning of the 20th century and was historically used in large mining equipment, cranes, locomotives and marine vessels. This technology has been adapted and is now emerging in smaller construction equipment. Diesel-electric hybrid technology is being used in crawler dozers, wheel loaders and asphalt pavers. Electric technology and hybrid powertrain technology are two effective technologies of energy conservation and emissions reduction and have achieved great success in automobile field. In order to decrease the high fuel consumption rate of construction machinery, electric and hybrid powertrain technology is increasingly drawing the attention of manufacturers, government and scholars. Hybrid wheel loaders and excavators, which share the maximum ownership from the global market, have particularly made significant progress.
For these applications, electrification holds many benefits including either reducing or entirely eliminating fuel consumption; reducing or eliminating greenhouse gas (GHG) emissions in order to comply with the more demanding global emissions requirements that are being put on these types of vehicles; increasing vehicle “up time” by eliminating the need to replace the battery during the work shift; and of course, by reducing the amount of maintenance and service costs. For electric vehicles for the construction and the agriculture industry, their simplicity, fuel efficiency and reduced maintenance costs will continue to drive rapid adoption.
The electric agricultural vehicle market is expected to grow at a rate of about 58% per year due largely to the global population growth and the trend of population concentrating in urban centers, which will continue to reduce the availability of rural labor and drive the demand for increased agricultural automation. For mining, vehicle electrification has a strong value proposition due to the high operational cost because of the volatility of diesel prices and the high costs of having to ventilate the diesel emissions inside mines. Both costs can be substantially reduced through electrification.
Komatsu, John Deere, Caterpillar, and others manufacture the big vehicles – mainly hybrid – while other manufacturers offer smaller, pure-electric versions. In the future, more and more companies will enter the market.
Full Research Report On Global Electric Vehicles for Construction, Agriculture and Mining Sales Market Analysis available at: https://www.radiantinsights.com/research/global-electric-vehicles-for-construction-agriculture-and-mining-sales-market-report-2018
The global Electric Vehicles for Construction, Agriculture and Mining market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
The major players covered in this report
• Komatsu
• Caterpillar
• Hitachi
• John Deere
• Volvo
• Atlas Copco
• SUNWARD
• Merlo
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
• United States
• Europe
• China
• Japan
• Southeast Asia
• India
We can also provide the customized separate regional or country-level reports, for the following regions:
• North America
• United States
• Canada
• Mexico
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Australia
• Indonesia
• Singapore
• Rest of Asia-Pacific
• Europe
• Germany
• France
• UK
• Italy
• Spain
• Russia
• Rest of Europe
• Central & South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Saudi Arabia
• Turkey
• Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Hybrid
• Pure-electric
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
• Construction
• Mining
• Agriculture
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