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Hybridization Trends in the Global Off-highway Vehicle Market, 2017–2025

Hybridization Trends in the Global Off-highway Vehicle Market, 2017–2025

This aim of this study is to research, identify, and understand the global hybridization trends in select off-highway vehicle markets. OEMs and engine manufacturers are increasingly embracing the future Mega Trend of zero emissions by expanding their portfolio of powertrain options. The need to comply with the strengthening emission regulations and the need for lesser fuel consumption have led to off-highway OEMs and suppliers developing a range of hybrid technologies that will enable fuel savings of up to 50% as well as machinery with improved operability.

This study provides a strategic overview of the hybridization in the OHV industry globally (including North America, Europe, Asia, Rest of World), with a detailed look at market size forecasts from 2018 to 2025. The study also analyses the key drivers and restraints, market trends, growth opportunities, and the competitive landscape from 2017 to 2025. It also provides a market overview and the technology trends impacting select off-highway commercial vehicle markets. An ongoing trend in the market is broadening the range of applications and driving down costs to enable further penetration of technologies. Hybrid powertrains will establish a premium market segment globally and provide opportunities for original equipment manufacturers, suppliers, and service providers.

Research Scope
The market trends are analyzed for a study period of 2018 to 2025, with the base year being 2017. Companies mentioned in the competitive landscape of this study are CNH Industrial, Caterpillar, Cummins, TEREX Corporation, LIEBHERR, Volvo Construction Equipment , Yanmar ARG, and Doosan Infracore, Hitachi Construction Machinery, and SANY HEAVY INDUSTRY.

Geographic Scope: The geographic scope of the study is global and includes, Europe (All 28 European Union countries), Russia, the US, Brazil, Mexico, Africa (Kenya, Nigeria, Algeria, South Africa, Tanzania, and Uganda), Asia-Pacific (India, China, Japan, Thailand, Indonesia, Vietnam, Cambodia, and Australia), Latin America, and Israel.

Secondary Research: This includes the extraction of information from existing reports and project materials within the Frost & Sullivan database, to include data and information gathered from technical papers, specialized magazines, seminars, and Internet research.

Primary Research: More than 10 interviews have been conducted over the phone by senior consultants/industry analysts with original equipment suppliers, regulation authorities, and distributors. Primary research has accounted for 80% of the total research.

Key Issues Addressed
What is the existing market structure of hybrid powertrain in off-highway equipment across the globe?
What are the emerging markets for hybrid powertrain in off-highway equipment and why?
What are the growth drivers, challenges, and opportunities in the global market?
What are the technology trends across the global market?
What is the outlook for the global hybrid power train in off-highway equipment in 2025?


  • Executive Summary
    • Key Findings
    • Market Engineering Measurements
    • Key Findings and Future Outlook
    • Powertrain Landscape 2017
    • OHV Vehicles Hybrid Technology Roadmap
    • Technology Analysis-Key Hybrid Powertrain Subsystems
    • Decline in Battery Prices to Drive Electrification
    • Product Mapping
    • Hybrid Excavator Landscape 2017
    • Hybrid Loader Landscape 2017
  • Research Scope, Objectives, Background, and Methodology
    • Research Scope
      • Table Off-highway Vehicle Market: Unit Shipment Forecast, Global, 2017-2025
    • Research Aims and Objectives
    • Key Questions this Study will Answer
    • Research Methodology
  • Market Overview and Classification
    • Market Segmentation
  • Market Dynamics
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Technology Trends and Analysis
    • Historical Development of Hybridization in Off-highway Vehicle Industry
    • Key Findings and Future Outlook
    • Global Business Outlook
    • Technology Analysis-Technology Roadmap
    • Explanation of Technology Roadmap
    • Powertrain Configurations
    • Parallel Hybrid Electric Vehicles
    • Series Hybrid Electric Vehicles
    • Combination of Parallel and Series
    • Regional Snapshot
    • Factors Affecting Construction Equipment Emissions
      • Table Off-highway Vehicle Market: Market Segmentation, Global, 2017-2025
      • Table Average Fuel Consumption for CAT Crawlers, 1990-2017
      • Table Average Fuel Consumption for CAT Excavators, 1990-2017
    • Need for Hybrid Powertrain
    • Key Hybrid Powertrain Subsystems
    • 3 Steps to Minimize Emission in OHV
    • Emission Norms Roadmap
    • Emission Norms
    • Emission Norms-Euro Standards
    • Emission Norms-EPA Standards
      • Table Emission Standards, EPA Tier 1, 1996-2000
      • Table Emission Standards, EPA Tier 2, 2000-2008
      • Table Emission Standards, EPA Tier 3, 2000-2008
      • Table Emission Standards, EPA Tier 4, 2008-2015
    • Emission Norms-Bharat Stage
      • Table Emission Standards, Bharat Stage 2, 2007-2011
      • Table Emission Standards, Bharat Stage 3, 2011-Present
  • Quantitative Forecast
    • Market Engineering Measurements
      • Table Off-highway Vehicle Market: Market Engineering Measurements, Global, 2017
    • Off-highway Vehicle Hybridization-Market Outlook
    • Global Off-highway Vehicle Unit Shipment Forecast
      • Table Off-highway Vehicle Market: Unit Shipment Forecast, Global, 2017-2025
    • Regional Snapshot
    • Forecasting Assumptions
    • Off-Highway Hybrid Powertrain Production Forecast
      • Table Off-highway Vehicle Market: Hybrid Powertrain Production Forecast, Global, 2017-2025
    • Hybrid Powertrain Penetration
    • Off-Highway Hybrid Powertrain Production Forecast by Product Type
      • Table Off-highway Vehicle Market: Hybrid Powertrain Production Forecast by Product Type, 2017-2025
    • Off-Highway Hybrid Powertrain Production Forecast by Region
      • Table Off-highway Vehicle Market: Hybrid Powertrain Production Forecast by Region, Global, 2017-2025
  • Competitive Landscape
    • CATERPILLAR INC.
    • OEM Profiles-Caterpillar
    • LIEBHERR AG
    • TEREX Corporation
    • Volvo Construction Equipment
    • OEM Profiles-Volvo
    • Komatsu Ltd.
    • Doosan Infracore
    • Hitachi Construction Machinery
    • CNH Industrial NV
    • SANY HEAVY INDUSTRY CO.,LTD
    • YANMAR CO.,LTD.
    • Mitsubishi Heavy Equipment
    • OEM Profiles-Deutz-Heinzmann
    • OEM Profiles-Mecalac
    • Products Offered
  • Growth Opportunities
    • Collaboration-Global Opportunity
  • Conclusions and Future Outlook
    • Key Findings and Future Outlook
    • Strategic Recommendations-OEM
    • Strategic Recommendations-Suppliers
    • Key Conclusion

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