The electrification of off-road vehicle power systems such as construction, agricultural and mining machinery has become a focus of concern because of concerns about emissions and noise from conventional diesel-powered machinery. The electric drive off-road vehicle has the advantages of high efficiency, good mobility and high running accuracy. For most businesses, the cost of fuel is a significant expense. In many industries related to the construction industry, we have seen the growth of electric and hybrid equipment.
This report contains market size and forecasts of Off-Highway Hybrid Vehicles in global, including the following market information:
Global top five Off-Highway Hybrid Vehicles companies in 2021 (%)
The global Off-Highway Hybrid Vehicles market was valued at 4016 million in 2021 and is projected to reach US$ 9856.4 million by 2028, at a CAGR of 13.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Series Hybrid Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Off-Highway Hybrid Vehicles include Dana, Hitachi, Kobelco, Volvo, Caterpillar, Komatsu, Zoomlion, John Deere and Doosan, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Off-Highway Hybrid Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Report Attributes | Report Details |
---|---|
Report Title | Off-Highway Hybrid Vehicles Market, Global Outlook and Forecast 2022-2028 |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2021 |
Forecast Year | 2029 |
Number of Pages | 115 Pages |
Customization Available | Yes, the report can be customized as per your need. |
Frequently Asked Questions ?