APO Research

APO RESEARCH · REPORT

Off-highway Electric Vehicle

Selected research

Industry Growth & Trends

Global Off-highway Electric Vehicle Industry Growth and Trends Forecast to 2032

Market perspective

The global Off-highway Electric Vehicle market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Off-highway Electric Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Off-highway Electric Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Off-highway Electric Vehicle is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of Off-highway Electric Vehicle include Hitachi Construction Machinery, Caterpillar, Komatsu, JCB, Volvo Construction Equipment, Deere & Company, CNH Industrial, Sandvik and Liebherr, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Off-highway Electric Vehicle market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Off-highway Electric Vehicle market size, estimates, and forecasts are presented in terms of sales volume (k units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Off-highway Electric Vehicle market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Off-highway Electric Vehicle.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Off-highway Electric Vehicle market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Off-highway Electric Vehicle Market by Company

Hitachi Construction Machinery

Caterpillar

Komatsu

JCB

Volvo Construction Equipment

Deere & Company

CNH Industrial

Sandvik

Liebherr

Epiroc

Off-highway Electric Vehicle Segment by Type

Battery Electric Vehicle

Hybrid Electric Vehicle

Off-highway Electric Vehicle Segment by Application

Construction

Mining

Agriculture

Off-highway Electric Vehicle Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Off-highway Electric Vehicle market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Off-highway Electric Vehicle and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Off-highway Electric Vehicle.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Off-highway Electric Vehicle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Off-highway Electric Vehicle in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of Battery Electric Vehicle Table 2. Major Company of Hybrid Electric Vehicle Table 3. Global Off-highway Electric Vehicle Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 5. Global Off-highway Electric Vehicle Sales Market Share in Volume by Type (2021-2026) Table 6. Global Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 7. Global Off-highway Electric Vehicle Sales Market Share in Value by Type (2021-2026) Table 8. Global Off-highway Electric Vehicle Price by Type (2021-2026) & (USD/unit) Table 9. Global Off-highway Electric Vehicle Sales by Type (2027-2032) & (k units) Table 10. Global Off-highway Electric Vehicle Sales Market Share in Volume by Type (2027-2032) Table 11. Global Off-highway Electric Vehicle Sales by Type (2027-2032) & (US$ Million) Table 12. Global Off-highway Electric Vehicle Sales Market Share in Value by Type (2027-2032) Table 13. Global Off-highway Electric Vehicle Price by Type (2027-2032) & (USD/unit) Table 14. North America Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 15. North America Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 16. Europe Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 17. Europe Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 19. Asia-Pacific Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 21. Latin America Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa Off-highway Electric Vehicle Sales by Type (2021-2026) & (k units) Table 23. Middle East and Africa Off-highway Electric Vehicle Sales by Type (2021-2026) & (US$ Million) Table 24. Off-highway Electric Vehicle Industry Trends Table 25. Off-highway Electric Vehicle Industry Drivers Table 26. Off-highway Electric Vehicle Industry Opportunities and Challenges Table 27. Off-highway Electric Vehicle Industry Restraints Table 28. Global Off-highway Electric Vehicle Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global Off-highway Electric Vehicle Revenue Market Share by Company (2021-2026) Table 30. Global Off-highway Electric Vehicle Sales by Company (2021-2026) & (k units) Table 31. Global Off-highway Electric Vehicle Sales Share by Company (2021-2026) Table 32. Global Off-highway Electric Vehicle Market Price by Company (2021-2026) & (USD/unit) Table 33. Global Off-highway Electric Vehicle Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global Off-highway Electric Vehicle Major Company Production Sites and Headquarters Table 35. Global Off-highway Electric Vehicle Company, Product Type & Application Table 36. Global Off-highway Electric Vehicle Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global Off-highway Electric Vehicle by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global Off-highway Electric Vehicle Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global Off-highway Electric Vehicle Sales by Region (2021-2026) & (k units) Table 41. Global Off-highway Electric Vehicle Sales Market Share in Volume by Region (2021-2026) Table 42. Global Off-highway Electric Vehicle Sales by Region (2021-2026) & (US$ Million) Table 43. Global Off-highway Electric Vehicle Sales Market Share in Value by Region (2021-2026) Table 44. Global Off-highway Electric Vehicle Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 45. Global Off-highway Electric Vehicle Sales by Region (2027-2032) & (k units) Table 46. Global Off-highway Electric Vehicle Sales Market Share in Volume by Region (2027-2032) Table 47. Global Off-highway Electric Vehicle Sales by Region (2027-2032) & (US$ Million) Table 48. Global Off-highway Electric Vehicle Sales Market Share in Value by Region (2027-2032) Table 49. Global Off-highway Electric Vehicle Sales (k units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 50. Global Off-highway Electric Vehicle Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 52. Global Off-highway Electric Vehicle Sales Market Share in Volume by Application (2021-2026) Table 53. Global Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 54. Global Off-highway Electric Vehicle Sales Market Share in Value by Application (2021-2026) Table 55. Global Off-highway Electric Vehicle Price by Application (2021-2026) & (USD/unit) Table 56. Global Off-highway Electric Vehicle Sales by Application (2027-2032) & (k units) Table 57. Global Off-highway Electric Vehicle Sales Market Share in Volume by Application (2027-2032) Table 58. Global Off-highway Electric Vehicle Sales by Application (2027-2032) & (US$ Million) Table 59. Global Off-highway Electric Vehicle Sales Market Share in Value by Application (2027-2032) Table 60. Global Off-highway Electric Vehicle Price by Application (2027-2032) & (USD/unit) Table 61. North America Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 62. North America Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 63. Europe Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 64. Europe Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 66. Asia-Pacific Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 68. Latin America Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa Off-highway Electric Vehicle Sales by Application (2021-2026) & (k units) Table 70. Middle East and Africa Off-highway Electric Vehicle Sales by Application (2021-2026) & (US$ Million) Table 71. Hitachi Construction Machinery Company Information Table 72. Hitachi Construction Machinery Business Overview Table 73. Hitachi Construction Machinery Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 74. Hitachi Construction Machinery Off-highway Electric Vehicle Product Portfolio Table 75. Hitachi Construction Machinery Recent Development Table 76. Caterpillar Company Information Table 77. Caterpillar Business Overview Table 78. Caterpillar Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 79. Caterpillar Off-highway Electric Vehicle Product Portfolio Table 80. Caterpillar Recent Development Table 81. Komatsu Company Information Table 82. Komatsu Business Overview Table 83. Komatsu Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 84. Komatsu Off-highway Electric Vehicle Product Portfolio Table 85. Komatsu Recent Development Table 86. JCB Company Information Table 87. JCB Business Overview Table 88. JCB Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 89. JCB Off-highway Electric Vehicle Product Portfolio Table 90. JCB Recent Development Table 91. Volvo Construction Equipment Company Information Table 92. Volvo Construction Equipment Business Overview Table 93. Volvo Construction Equipment Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 94. Volvo Construction Equipment Off-highway Electric Vehicle Product Portfolio Table 95. Volvo Construction Equipment Recent Development Table 96. Deere & Company Company Information Table 97. Deere & Company Business Overview Table 98. Deere & Company Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 99. Deere & Company Off-highway Electric Vehicle Product Portfolio Table 100. Deere & Company Recent Development Table 101. CNH Industrial Company Information Table 102. CNH Industrial Business Overview Table 103. CNH Industrial Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 104. CNH Industrial Off-highway Electric Vehicle Product Portfolio Table 105. CNH Industrial Recent Development Table 106. Sandvik Company Information Table 107. Sandvik Business Overview Table 108. Sandvik Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 109. Sandvik Off-highway Electric Vehicle Product Portfolio Table 110. Sandvik Recent Development Table 111. Liebherr Company Information Table 112. Liebherr Business Overview Table 113. Liebherr Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 114. Liebherr Off-highway Electric Vehicle Product Portfolio Table 115. Liebherr Recent Development Table 116. Epiroc Company Information Table 117. Epiroc Business Overview Table 118. Epiroc Off-highway Electric Vehicle Sales (k units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 119. Epiroc Off-highway Electric Vehicle Product Portfolio Table 120. Epiroc Recent Development Table 121. North America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 122. North America Off-highway Electric Vehicle Sales by Country (2021-2026) & (k units) Table 123. North America Off-highway Electric Vehicle Sales Market Share by Country (2021-2026) Table 124. North America Off-highway Electric Vehicle Sales Forecast by Country (2027-2032) & (k units) Table 125. North America Off-highway Electric Vehicle Sales Market Share Forecast by Country (2027-2032) Table 126. North America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 127. North America Off-highway Electric Vehicle Market Size by Country (2021-2026) & (US$ Million) Table 128. North America Off-highway Electric Vehicle Market Share by Country (2021-2026) Table 129. North America Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032) & (US$ Million) Table 130. North America Off-highway Electric Vehicle Market Share Forecast by Country (2027-2032) Table 131. Europe Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 132. Europe Off-highway Electric Vehicle Sales by Country (2021-2026) & (k units) Table 133. Europe Off-highway Electric Vehicle Sales Market Share by Country (2021-2026) Table 134. Europe Off-highway Electric Vehicle Sales Forecast by Country (2027-2032) & (k units) Table 135. Europe Off-highway Electric Vehicle Sales Market Share Forecast by Country (2027-2032) Table 136. Europe Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 137. Europe Off-highway Electric Vehicle Market Size by Country (2021-2026) & (US$ Million) Table 138. Europe Off-highway Electric Vehicle Market Share by Country (2021-2026) Table 139. Europe Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032) & (US$ Million) Table 140. Europe Off-highway Electric Vehicle Market Share Forecast by Country (2027-2032) Table 141. Asia-Pacific Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 142. Asia-Pacific Off-highway Electric Vehicle Sales by Country (2021-2026) & (k units) Table 143. Asia-Pacific Off-highway Electric Vehicle Sales Market Share by Country (2021-2026) Table 144. Asia-Pacific Off-highway Electric Vehicle Sales Forecast by Country (2027-2032) & (k units) Table 145. Asia-Pacific Off-highway Electric Vehicle Sales Market Share Forecast by Country (2027-2032) Table 146. Asia-Pacific Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 147. Asia-Pacific Off-highway Electric Vehicle Market Size by Country (2021-2026) & (US$ Million) Table 148. Asia-Pacific Off-highway Electric Vehicle Market Share by Country (2021-2026) Table 149. Asia-Pacific Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032) & (US$ Million) Table 150. Asia-Pacific Off-highway Electric Vehicle Market Share Forecast by Country (2027-2032) Table 151. Latin America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 152. Latin America Off-highway Electric Vehicle Sales by Country (2021-2026) & (k units) Table 153. Latin America Off-highway Electric Vehicle Sales Market Share by Country (2021-2026) Table 154. Latin America Off-highway Electric Vehicle Sales Forecast by Country (2027-2032) & (k units) Table 155. Latin America Off-highway Electric Vehicle Sales Market Share Forecast by Country (2027-2032) Table 156. Latin America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 157. Latin America Off-highway Electric Vehicle Market Size by Country (2021-2026) & (US$ Million) Table 158. Latin America Off-highway Electric Vehicle Market Share by Country (2021-2026) Table 159. Latin America Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032) & (US$ Million) Table 160. Latin America Off-highway Electric Vehicle Market Share Forecast by Country (2027-2032) Table 161. Middle East and Africa Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (k units): 2021 VS 2025 VS 2032 Table 162. Middle East and Africa Off-highway Electric Vehicle Sales by Country (2021-2026) & (k units) Table 163. Middle East and Africa Off-highway Electric Vehicle Sales Market Share by Country (2021-2026) Table 164. Middle East and Africa Off-highway Electric Vehicle Sales Forecast by Country (2027-2032) & (k units) Table 165. Middle East and Africa Off-highway Electric Vehicle Sales Market Share Forecast by Country (2027-2032) Table 166. Middle East and Africa Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 167. Middle East and Africa Off-highway Electric Vehicle Market Size by Country (2021-2026) & (US$ Million) Table 168. Middle East and Africa Off-highway Electric Vehicle Market Share by Country (2021-2026) Table 169. Middle East and Africa Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032) & (US$ Million) Table 170. Middle East and Africa Off-highway Electric Vehicle Market Share Forecast by Country (2027-2032) Table 171. Key Raw Materials Table 172. Raw Materials Key Suppliers Table 173. Off-highway Electric Vehicle Distributors List Table 174. Off-highway Electric Vehicle Customers List Table 175. Research Programs/Design for This Report Table 176. Authors List of This Report Table 177. Secondary Sources Table 178. Primary Sources List of Figures Figure 1. Off-highway Electric Vehicle Image Figure 2. Global Off-highway Electric Vehicle Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Off-highway Electric Vehicle Market Size (2021-2032) & (US$ Million) Figure 4. Global Off-highway Electric Vehicle Sales (2021-2032) & (k units) Figure 5. Battery Electric Vehicle Image Figure 6. Global Battery Electric Vehicle Sales YoY Growth (2021-2032) & (k units) Figure 7. Hybrid Electric Vehicle Image Figure 8. Global Hybrid Electric Vehicle Sales YoY Growth (2021-2032) & (k units) Figure 9. Global Off-highway Electric Vehicle Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global Off-highway Electric Vehicle Market Share by Type 2025 VS 2032 Figure 11. North America Off-highway Electric Vehicle Sales Market Share in Volume by Type in 2025 Figure 12. North America Off-highway Electric Vehicle Sales Market Share in Value by Type in 2025 Figure 13. Europe Off-highway Electric Vehicle Sales Market Share in Volume by Type in 2025 Figure 14. Europe Off-highway Electric Vehicle Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific Off-highway Electric Vehicle Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific Off-highway Electric Vehicle Sales Market Share in Value by Type in 2025 Figure 17. Latin America Off-highway Electric Vehicle Sales Market Share in Volume by Type in 2025 Figure 18. Latin America Off-highway Electric Vehicle Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa Off-highway Electric Vehicle Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa Off-highway Electric Vehicle Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 Off-highway Electric Vehicle Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. Construction Image Figure 24. Global Construction Sales YoY Growth (2021-2032) & (k units) Figure 25. Mining Image Figure 26. Global Mining Sales YoY Growth (2021-2032) & (k units) Figure 27. Agriculture Image Figure 28. Global Agriculture Sales YoY Growth (2021-2032) & (k units) Figure 29. Global Off-highway Electric Vehicle Market Size Overview by Application (2021-2032) & (US$ Million) Figure 30. Global Off-highway Electric Vehicle Market Share by Application 2025 VS 2032 Figure 31. North America Off-highway Electric Vehicle Sales Market Share in Volume by Application in 2025 Figure 32. North America Off-highway Electric Vehicle Sales Market Share in Value by Application in 2025 Figure 33. Europe Off-highway Electric Vehicle Sales Market Share in Volume by Application in 2025 Figure 34. Europe Off-highway Electric Vehicle Sales Market Share in Value by Application in 2025 Figure 35. Asia-Pacific Off-highway Electric Vehicle Sales Market Share in Volume by Application in 2025 Figure 36. Asia-Pacific Off-highway Electric Vehicle Sales Market Share in Value by Application in 2025 Figure 37. Latin America Off-highway Electric Vehicle Sales Market Share in Volume by Application in 2025 Figure 38. Latin America Off-highway Electric Vehicle Sales Market Share in Value by Application in 2025 Figure 39. Middle East and Africa Off-highway Electric Vehicle Sales Market Share in Volume by Application in 2025 Figure 40. Middle East and Africa Off-highway Electric Vehicle Sales Market Share in Value by Application in 2025 Figure 41. North America Off-highway Electric Vehicle Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 42. North America Off-highway Electric Vehicle Sales Share by Country: 2021 VS 2025 VS 2032 Figure 43. North America Off-highway Electric Vehicle Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 44. North America Off-highway Electric Vehicle Market Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe Off-highway Electric Vehicle Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 46. Europe Off-highway Electric Vehicle Sales Share by Country: 2021 VS 2025 VS 2032 Figure 47. Europe Off-highway Electric Vehicle Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 48. Europe Off-highway Electric Vehicle Market Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific Off-highway Electric Vehicle Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 50. Asia-Pacific Off-highway Electric Vehicle Sales Share by Country: 2021 VS 2025 VS 2032 Figure 51. Asia-Pacific Off-highway Electric Vehicle Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 52. Asia-Pacific Off-highway Electric Vehicle Market Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America Off-highway Electric Vehicle Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 54. Latin America Off-highway Electric Vehicle Sales Share by Country: 2021 VS 2025 VS 2032 Figure 55. Latin America Off-highway Electric Vehicle Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 56. Latin America Off-highway Electric Vehicle Market Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa Off-highway Electric Vehicle Sales by Country: 2021 VS 2025 VS 2032 (k units) Figure 58. Middle East and Africa Off-highway Electric Vehicle Sales Share by Country: 2021 VS 2025 VS 2032 Figure 59. Middle East and Africa Off-highway Electric Vehicle Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 60. Middle East and Africa Off-highway Electric Vehicle Market Share by Country: 2021 VS 2025 VS 2032 Figure 61. Off-highway Electric Vehicle Value Chain Figure 62. Key Raw Materials Price Figure 63. Manufacturing Cost Structure Figure 64. Off-highway Electric Vehicle Production Mode & Process Figure 65. Direct Comparison with Distribution Share Figure 66. Distributors Profiles Figure 67. Years Considered Figure 68. Research Process Figure 69. Key Executives Interviewed

Scope & coverage.

Types
  • Battery Electric Vehicle
  • Hybrid Electric Vehicle
Applications
  • Construction
  • Mining
  • Agriculture
Companies covered
  • Hitachi Construction Machinery
  • Caterpillar
  • Komatsu
  • JCB
  • Volvo Construction Equipment
  • Deere & Company
  • CNH Industrial
  • Sandvik
  • Liebherr
  • Epiroc

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Off-highway Electric Vehicle Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Off-highway Electric Vehicle Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Off-highway Electric Vehicle Market by Type
  6. 1.3.1 Battery Electric Vehicle
  7. 1.3.2 Hybrid Electric Vehicle
  8. 1.4 Global Off-highway Electric Vehicle Market Size by Type
  9. 1.4.1 Global Off-highway Electric Vehicle Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global Off-highway Electric Vehicle Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global Off-highway Electric Vehicle Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America Off-highway Electric Vehicle Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe Off-highway Electric Vehicle Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific Off-highway Electric Vehicle Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America Off-highway Electric Vehicle Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa Off-highway Electric Vehicle Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Off-highway Electric Vehicle Industry Trends
  2. 2.2 Off-highway Electric Vehicle Industry Drivers
  3. 2.3 Off-highway Electric Vehicle Industry Opportunities and Challenges
  4. 2.4 Off-highway Electric Vehicle Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Off-highway Electric Vehicle Revenue (2021-2026)
  2. 3.2 Global Top Players by Off-highway Electric Vehicle Sales (2021-2026)
  3. 3.3 Global Top Players by Off-highway Electric Vehicle Price (2021-2026)
  4. 3.4 Global Off-highway Electric Vehicle Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Off-highway Electric Vehicle Major Company Production Sites & Headquarters
  6. 3.6 Global Off-highway Electric Vehicle Company, Product Type & Application
  7. 3.7 Global Off-highway Electric Vehicle Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Off-highway Electric Vehicle Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Off-highway Electric Vehicle Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Off-highway Electric Vehicle Tier 1, Tier 2, and Tier 3
4 Off-highway Electric Vehicle Regional Status and Outlook
  1. 4.1 Global Off-highway Electric Vehicle Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Off-highway Electric Vehicle Historic Market Size by Region
  3. 4.2.1 Global Off-highway Electric Vehicle Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Off-highway Electric Vehicle Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Off-highway Electric Vehicle Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Off-highway Electric Vehicle Forecasted Market Size by Region
  7. 4.3.1 Global Off-highway Electric Vehicle Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Off-highway Electric Vehicle Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Off-highway Electric Vehicle Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Off-highway Electric Vehicle by Application
  1. 5.1 Off-highway Electric Vehicle Market by Application
  2. 5.1.1 Construction
  3. 5.1.2 Mining
  4. 5.1.3 Agriculture
  5. 5.2 Global Off-highway Electric Vehicle Market Size by Application
  6. 5.2.1 Global Off-highway Electric Vehicle Market Size Overview by Application (2021-2032)
  7. 5.2.2 Global Off-highway Electric Vehicle Historic Market Size Review by Application (2021-2026)
  8. 5.2.3 Global Off-highway Electric Vehicle Forecasted Market Size by Application (2027-2032)
  9. 5.3 Key Regions Market Size by Application
  10. 5.3.1 North America Off-highway Electric Vehicle Sales Breakdown by Application (2021-2026)
  11. 5.3.2 Europe Off-highway Electric Vehicle Sales Breakdown by Application (2021-2026)
  12. 5.3.3 Asia-Pacific Off-highway Electric Vehicle Sales Breakdown by Application (2021-2026)
  13. 5.3.4 South America Off-highway Electric Vehicle Sales Breakdown by Application (2021-2026)
  14. 5.3.5 Middle East and Africa Off-highway Electric Vehicle Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Hitachi Construction Machinery
  2. 6.1.1 Hitachi Construction Machinery Company Information
  3. 6.1.2 Hitachi Construction Machinery Business Overview
  4. 6.1.3 Hitachi Construction Machinery Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Hitachi Construction Machinery Off-highway Electric Vehicle Product Portfolio
  6. 6.1.5 Hitachi Construction Machinery Recent Developments
  7. 6.2 Caterpillar
  8. 6.2.1 Caterpillar Company Information
  9. 6.2.2 Caterpillar Business Overview
  10. 6.2.3 Caterpillar Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Caterpillar Off-highway Electric Vehicle Product Portfolio
  12. 6.2.5 Caterpillar Recent Developments
  13. 6.3 Komatsu
  14. 6.3.1 Komatsu Company Information
  15. 6.3.2 Komatsu Business Overview
  16. 6.3.3 Komatsu Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Komatsu Off-highway Electric Vehicle Product Portfolio
  18. 6.3.5 Komatsu Recent Developments
  19. 6.4 JCB
  20. 6.4.1 JCB Company Information
  21. 6.4.2 JCB Business Overview
  22. 6.4.3 JCB Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 JCB Off-highway Electric Vehicle Product Portfolio
  24. 6.4.5 JCB Recent Developments
  25. 6.5 Volvo Construction Equipment
  26. 6.5.1 Volvo Construction Equipment Company Information
  27. 6.5.2 Volvo Construction Equipment Business Overview
  28. 6.5.3 Volvo Construction Equipment Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Volvo Construction Equipment Off-highway Electric Vehicle Product Portfolio
  30. 6.5.5 Volvo Construction Equipment Recent Developments
  31. 6.6 Deere & Company
  32. 6.6.1 Deere & Company Company Information
  33. 6.6.2 Deere & Company Business Overview
  34. 6.6.3 Deere & Company Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Deere & Company Off-highway Electric Vehicle Product Portfolio
  36. 6.6.5 Deere & Company Recent Developments
  37. 6.7 CNH Industrial
  38. 6.7.1 CNH Industrial Company Information
  39. 6.7.2 CNH Industrial Business Overview
  40. 6.7.3 CNH Industrial Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 CNH Industrial Off-highway Electric Vehicle Product Portfolio
  42. 6.7.5 CNH Industrial Recent Developments
  43. 6.8 Sandvik
  44. 6.8.1 Sandvik Company Information
  45. 6.8.2 Sandvik Business Overview
  46. 6.8.3 Sandvik Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 Sandvik Off-highway Electric Vehicle Product Portfolio
  48. 6.8.5 Sandvik Recent Developments
  49. 6.9 Liebherr
  50. 6.9.1 Liebherr Company Information
  51. 6.9.2 Liebherr Business Overview
  52. 6.9.3 Liebherr Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Liebherr Off-highway Electric Vehicle Product Portfolio
  54. 6.9.5 Liebherr Recent Developments
  55. 6.10 Epiroc
  56. 6.10.1 Epiroc Company Information
  57. 6.10.2 Epiroc Business Overview
  58. 6.10.3 Epiroc Off-highway Electric Vehicle Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Epiroc Off-highway Electric Vehicle Product Portfolio
  60. 6.10.5 Epiroc Recent Developments
7 North America by Country
  1. 7.1 North America Off-highway Electric Vehicle Sales by Country
  2. 7.1.1 North America Off-highway Electric Vehicle Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Off-highway Electric Vehicle Sales by Country (2021-2026)
  4. 7.1.3 North America Off-highway Electric Vehicle Sales Forecast by Country (2027-2032)
  5. 7.2 North America Off-highway Electric Vehicle Market Size by Country
  6. 7.2.1 North America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Off-highway Electric Vehicle Market Size by Country (2021-2026)
  8. 7.2.3 North America Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Off-highway Electric Vehicle Sales by Country
  2. 8.1.1 Europe Off-highway Electric Vehicle Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Off-highway Electric Vehicle Sales by Country (2021-2026)
  4. 8.1.3 Europe Off-highway Electric Vehicle Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Off-highway Electric Vehicle Market Size by Country
  6. 8.2.1 Europe Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Off-highway Electric Vehicle Market Size by Country (2021-2026)
  8. 8.2.3 Europe Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Off-highway Electric Vehicle Sales by Country
  2. 9.1.1 Asia-Pacific Off-highway Electric Vehicle Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Off-highway Electric Vehicle Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Off-highway Electric Vehicle Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Off-highway Electric Vehicle Market Size by Country
  6. 9.2.1 Asia-Pacific Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Off-highway Electric Vehicle Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Off-highway Electric Vehicle Sales by Country
  2. 10.1.1 South America Off-highway Electric Vehicle Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Off-highway Electric Vehicle Sales by Country (2021-2026)
  4. 10.1.3 South America Off-highway Electric Vehicle Sales Forecast by Country (2027-2032)
  5. 10.2 South America Off-highway Electric Vehicle Market Size by Country
  6. 10.2.1 South America Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Off-highway Electric Vehicle Market Size by Country (2021-2026)
  8. 10.2.3 South America Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Off-highway Electric Vehicle Sales by Country
  2. 11.1.1 Middle East and Africa Off-highway Electric Vehicle Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Off-highway Electric Vehicle Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Off-highway Electric Vehicle Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Off-highway Electric Vehicle Market Size by Country
  6. 11.2.1 Middle East and Africa Off-highway Electric Vehicle Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Off-highway Electric Vehicle Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Off-highway Electric Vehicle Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Off-highway Electric Vehicle Value Chain Analysis
  2. 12.1.1 Off-highway Electric Vehicle Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Off-highway Electric Vehicle Production Mode & Process
  7. 12.2 Off-highway Electric Vehicle Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Off-highway Electric Vehicle Distributors
  10. 12.2.3 Off-highway Electric Vehicle Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $3,450USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research