The global off-highway electric vehicle market size was estimated at USD 5.48 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 21% from 2021 to 2027.
Off-highway electric vehicles include agricultural tractors, mining trucks, lawn movers, and construction equipment used in off-highway applications using electric propulsion.
A full report of Off-Highway Electric Vehicle Market available at: https://www.orionmarketreports.com/off-highway-electric-vehicle-market/50093/
Company Profiles
• Hitachi Construction Machinery
• Caterpillar
• Komatsu
• JCB
• Volvo Construction Equipment
• Deere & Company
• CNH Industrial
• Sandvik
Off-Highway Electric Vehicle Market- Segmentation
By Application
• Construction
• Agriculture
• Mining
By Vehicle type
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV)
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)