Electric Vehicles for Construction, Agriculture and Mining Market Size, Trends, Growth, Report 2021-2027

In 2020, the global Electric Vehicles for Construction, Agriculture and Mining market size was US$ 3711 million and it is expected to reach US$ 63900 million by the end of 2027, with a Compound Annual Growth Rate (CAGR) of 49.6% during the forecast period 2021-2027. Electric vehicles mean utilize power as the power source integrating the advanced technology of the power control and drive section.

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Europe is the largest market, with a share over 25%, followed by China and North America, both have a share over 40% percent. In terms of product, Hybrid is the largest segment, with a share over 90%. And in terms of application, the largest application is Construction, followed by Mining and Agriculture. Global Electric Vehicles for Construction, Agriculture and Mining key players include Komatsu, Caterpillar, Hitachi, John Deere, Volvo etc. Global top five manufacturers hold a share over 80%.

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Electric Vehicles for Construction, Agriculture and Mining Market Segment Overview

Electric Vehicles for Construction, Agriculture and Mining market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Electric Vehicles for Construction, Agriculture and Mining market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Electric Vehicles for Construction, Agriculture and Mining Market by Type

o Hybrid
o Pure-electric

Electric Vehicles for Construction, Agriculture and Mining Market by Application

o Construction
o Mining
o Agriculture

Leading Players in the Electric Vehicles for Construction, Agriculture and Mining Market

o Komatsu
o Caterpillar
o Hitachi
o John Deere
o Volvo
o Atlas Copco
o SUNWARD
o Merlo

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