Electric Off-highway Vehicle Market Business Opportunities and Global Industry Analysis
The global Electric Off-Highway
Vehicle Market size in a pre-COVID-19 situation was projected to reach USD 8.8 billion in 2020 from USD 21.7
billion by 2025 (in
terms of value). However, due to COVID-19, most of the OEMs have delayed
new vehicle developments and launches. Considering the global financial
slowdown, electric off-highway vehicle manufacturers will refrain from adding
extra cost to vehicles...
Electric Off-highway Vehicle Market Projected to reach $21.7 billion by 2025
The report “Electric Off-highway Vehicle Market by Equipment Type (Excavator, Motor Grader, Dozer, Loader, LHD, Dump truck, Lawnmower, Sprayer, Tractor), Application, Propulsion, Battery Type, Battery Capacity, Power Output and Region – Global Forecast to 2025″, is projected to grow from USD 6.3 billion in 2020 to USD 17.5 billion by 2025, at a CAGR 22.8%. The growth of the global...
Electric Off-highway Vehicle Market to Register Substantial Expansion by 2025
The global Electric Off-Highway
Vehicle Market size in a pre-COVID-19 situation was projected to
reach USD 8.8 billion in 2020 from USD 21.7 billion by 2025 (in terms of value).
However, due to COVID-19, most of the OEMs have delayed new vehicle
developments and launches. Considering the global financial slowdown, electric
off-highway vehicle manufacturers will refrain from adding extra cost to
vehicles...
What are the key market trends impacting the growth of the electric off-highway vehicle market?
The global Electric Off-Highway Vehicle Market size in a pre-COVID-19 situation was projected to reach USD 8.8 billion in 2020 from USD 21.7 billion by 2025 (in terms of value). However, due to COVID-19, most of the OEMs have delayed new vehicle developments and launches. Considering the global financial slowdown, electric off-highway vehicle manufacturers will refrain from adding extra cost...