The Global Electric Excavator Market is projected to grow at a CAGR of XX% during the forecast period 2021-2027. Automobile Industry shifting to clean & green energy, electric or battery-operated vehicles are future, a similarly off-highway vehicles segment are transforming into electric with a fast pace. Till August 2020, more than 156 electric vehicle varieties are open up for sales over agriculture, construction, mining, logistics, and material handling field.
In the Electric excavator, battery holds a major expense of total vehicle/equipment cost. The high cost of battery and big maintenance figure is the major drawback in the electric excavators market in the current scenario. Furthermore charging high-performance batteries is also a major challenge.
The detailed report offers a qualitative analysis of the Electric Excavator market which incorporates Market Drivers, restraints, demand supply chain, critical market challenges, growth & opportunities, revenue, latest industry trends, size, key competitor strategies, government policies, and competitive landscape. The Electric Excavator report also presents a precise Micro and Macro Economic analysis, Porter's Five Forces which can support the decision makers to understand and inscribe a substantial business verdict.
Key Benefits for Industry Stakeholders & Participants:
Strategies of major players & Competitive landscape.
A comprehensive study of the Global Electric Excavator Market.
Historical, current, and forecast market size, in reference to the value.
Industry drivers, restraints, growth, and opportunities.
Current industry developments and trends.
Niche and Potential segments.
Major players in Electric Excavator Market are:
JCB (Joseph Cyril Bamford Excavators Ltd.)
Hyundai
Hitachi Construction Machinery
Volvo
Bobcat
Sennebogen
Precision ProCut
IHI Compact Excavator
Green Machine
Wacker Neuson SE
Mecalac
Market Segmentation
By Propulsion Type
• Full Electric
• Hybrid
Product Category
• Mini
• Crawler
• Wheeled
• Others
Applications/Operation Type
• Agriculture
• Mining
• Forestry
• Construction
• Others
Motor Type
• Below 10 hp
• 10-20 hp
• 20-30 hp
• 30-50 hp
• 30-50 hp
• Above 50 hp
Battery Type
• Lead Acid Battery
• Lithium-Ion
• Other
Range Type
By Regions
• North America
• Latin America
• South America
• Europe
• Asia-Pacific
• Middle East & Africa
• Rest of the World
By Operating Weight Capacity
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