Report cover image

Off-Highway Electric Vehicles in South America

Publisher GlobalData
Published Jun 19, 2025
Length 45 Pages
SKU # GBDT20389369

Description

Off-Highway Electric Vehicles in South America

Summary

Off-Highway Electric Vehicles in South America industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • Off-highway electric vehicles market includes vehicles often intended to be used on uneven and steep ground. These vehicles can be open-air or enclosed with large threaded tires, caterpillar tracks, and flexible suspension. The market scope includes both battery-powered and hybrid-powered off-highway electric vehicles. Also, the market scope covers electric excavators, loaders, tractors, trucks, etc.
  • The South American off-highway electric vehicles market recorded revenues of $426.2 million in 2024, representing a compound annual growth rate (CAGR) of 12.3% between 2019 and 2024.
  • The mining segment accounted for the market's largest proportion in 2024, with total revenues of $220.9 million, equivalent to 51.8% of the market's overall value.
  • The South American region held a small share of 2.6% in the global off-highway electric vehicles market in 2024.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the off-highway electric vehicles market in South America
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the off-highway electric vehicles market in South America
  • Leading company profiles reveal details of key off-highway electric vehicles market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South America off-highway electric vehicles market with five year forecasts
Reasons to Buy
  • What was the size of the South America off-highway electric vehicles market by value in 2024?
  • What will be the size of the South America off-highway electric vehicles market in 2029?
  • What factors are affecting the strength of competition in the South America off-highway electric vehicles market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South America's off-highway electric vehicles market?

Table of Contents

45 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Caterpillar Inc
8.2. AB Volvo
8.3. Komatsu America Corp
8.4. Marcopolo S.A.
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Related GlobalData research
10.3. About GlobalData
List of Tables
Table 1: South America off-highway electric vehicles market value: $ million, 2019-24
Table 2: South America off-highway electric vehicles market category segmentation: % share, by value, 2019-24
Table 3: South America off-highway electric vehicles market category segmentation: $ million, 2019-24
Table 4: South America off-highway electric vehicles market geography segmentation: $ million, 2024
Table 5: South America off-highway electric vehicles market value forecast: $ million, 2024-29
Table 6: Caterpillar Inc: Key Facts
Table 7: Caterpillar Inc: annual financial ratios
Table 8: Caterpillar Inc: key employees
Table 9: Caterpillar Inc: key employees Continued
Table 10: AB Volvo: Key Facts
Table 11: AB Volvo: annual financial ratios
Table 12: AB Volvo: key employees
Table 13: AB Volvo: key employees Continued
Table 14: Komatsu America Corp: Key Facts
Table 15: Komatsu America Corp: key employees
Table 16: Marcopolo S.A.: Key Facts
Table 17: Marcopolo S.A.: annual financial ratios
Table 18: Marcopolo S.A.: key employees
Table 19: South America Exchange Rate, 2019-24
List of Figures
Figure 1: South America off-highway electric vehicles market value: $ million, 2019-24
Figure 2: South America off-highway electric vehicles market category segmentation: $ million, 2019-24
Figure 3: South America off-highway electric vehicles market geography segmentation: % share, by value, 2024
Figure 4: South America off-highway electric vehicles market value forecast: $ million, 2024-29
Figure 5: Forces driving competition in the off-highway electric vehicles market in South America, 2024
Figure 6: Drivers of buyer power in the off-highway electric vehicles market in South America, 2024
Figure 7: Drivers of supplier power in the off-highway electric vehicles market in South America, 2024
Figure 8: Factors influencing the likelihood of new entrants in the off-highway electric vehicles market in South America, 2024
Figure 9: Factors influencing the threat of substitutes in the off-highway electric vehicles market in South America, 2024
Figure 10: Drivers of degree of rivalry in the off-highway electric vehicles market in South America, 2024

Search Inside Report

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us