Global Electric Off-highway Equipment Supply, Demand and Key Producers, 2026-2032

The global Electric Off-highway Equipment market size is expected to reach $ 93150 million by 2032, rising at a market growth of 13.6% CAGR during the forecast period (2026-2032)."Electric Off-highway Equipment" refers to vehicles and machinery designed for use in off-road environments, such as construction sites, mining operations, agriculture, and forestry, that are powered by electric propulsion systems. The term encompasses a variety of heavy-duty equipment traditionally powered by internal combustion engines but has been electrified for improved efficiency, reduced emissions, and sometimes lower operational costs.

Global key players of Electric Off-highway Equipment include Toyota Material Handling, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, etc. The top five players hold a share about 39%. Europe is the largest market, and has a share about 34%, followed by Asia-Pacific and North America with share 33% and 25%, separately. In terms of product type, Electric Forklift & Tow Tractor is the largest segment, occupied for a share of 73%. In terms of application, Warehouse and Logistics has a share about 47 percent.

This report studies the global Electric Off-highway Equipment production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Electric Off-highway Equipment and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Electric Off-highway Equipment that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Electric Off-highway Equipment total production and demand, 2021-2032, (Units)

Global Electric Off-highway Equipment total production value, 2021-2032, (USD Million)

Global Electric Off-highway Equipment production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)

Global Electric Off-highway Equipment consumption by region & country, CAGR, 2021-2032 & (Units)

U.S. VS China: Electric Off-highway Equipment domestic production, consumption, key domestic manufacturers and share

Global Electric Off-highway Equipment production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)

Global Electric Off-highway Equipment production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)

Global Electric Off-highway Equipment production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)

This report profiles key players in the global Electric Off-highway Equipment market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Toyota Material Handling, Kion, Jungheinrich, Mitsubishi Logisnext, Hyster-Yale, Komatsu, Crown Equipment Corporation, Caterpillar, Anhui Heli, Hangcha, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Electric Off-highway Equipment market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Electric Off-highway Equipment Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Electric Off-highway Equipment Market, Segmentation by Type:
Loaders
Excavators
Dump Trucks
Electric Forklift & Tow Tractor
Tractor
Others

Global Electric Off-highway Equipment Market, Segmentation by Application:
Construction
Mining
Water Conservancy
Warehouse and Logistics
Agriculture and Forestry
Others

Companies Profiled:
Toyota Material Handling
Kion
Jungheinrich
Mitsubishi Logisnext
Hyster-Yale
Komatsu
Crown Equipment Corporation
Caterpillar
Anhui Heli
Hangcha
Doosan
Sandvik AB
Hitachi Construction Machinery
Shaanxi Tonly Heavy Industries
Volvo Construction Equipment
YANMAR
KUBOTA Corporation
CIFA (Zoomlion)
Sunward Intelligent
XCMG
Liebherr
Zhengzhou Yutong Heavy Industry
John Deere
BRETON
SANY Group
Shantui Construction Machinery
Tianjin Know-how Technology
Huzhou Hongwei New Energy Automobile
Liugong Machinery
Monarch Tractor

Key Questions Answered:

1. How big is the global Electric Off-highway Equipment market?

2. What is the demand of the global Electric Off-highway Equipment market?

3. What is the year over year growth of the global Electric Off-highway Equipment market?

4. What is the production and production value of the global Electric Off-highway Equipment market?

5. Who are the key producers in the global Electric Off-highway Equipment market?

6. What are the growth factors driving the market demand? Show more