This research report offers an in-depth analysis of the transformative changes driven by key sustainability initiatives, emission regulations, technology trends, market forces, and limitations.
One significant aspect highlighted is the surging popularity and undeniable economic advantages of hybrid and electric powertrains within the off-highway equipment sector. The report also provides a comprehensive forecast, detailing the expected adoption trends for various types of off-highway equipment. Gain valuable insights from this study to enhance your comprehension of this pivotal shift in the off-highway equipment industry.
Sustainability objectives and the quest for more cost-effective equipment operation, along with improved availability, have far-reaching benefits throughout the global off-highway equipment value chain. These factors are spurring the adoption of alternative powertrains and the electrification of equipment models. The growing electrification demands, including the development of charging infrastructure, are fostering collaborations among OEMs, suppliers, utility companies, and technology providers.
This study seeks to establish a benchmark for the comprehensive penetration of electric off-highway equipment in the market. OEMs and technology suppliers are actively realigning their powertrain portfolios to accommodate hybrid or fully electric equipment, tailored for achieving net-zero emissions.
Stringent emission regulations and the imperative to curtail fuel-related expenses have prompted major OEMs and suppliers to innovate and introduce a range of technologies. These innovations are geared toward optimizing fuel costs, enhancing operability, and maximizing equipment availability.
The analytical coverage spans key sustainability initiatives, emission regulations, technology trends, market driving forces, impediments, competitive dynamics, regional market distribution, and product introductions. Hybrid and electric powertrains have gained prominence in off-highway equipment due to their significant cost-saving potential.
These powertrains are poised to be well-received by every fleet operating in the off-highway equipment sector, thanks to their capacity to virtually eliminate diesel fuel consumption, boost overall energy efficiency, and minimize equipment downtime. The research report also provides a detailed projection of the expected market adoption rates for each category of off-highway equipment.
Key Topics Covered:
1. Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative
- The Impact of the Top 3 Strategic Imperatives on the Off-highway Equipment Industry
- Growth Opportunities Fuel the Growth Pipeline Engine
2. Global Sustainability Initiatives
- Greenhouse Gas Protocol (GHGP) Overview
- US Government Initiatives – DERA Grants Awarded, 2021
- European Green Deal
- Municipal and National Initiatives
- Global GDP Growth Expectations
- Recessionary/Slowdown Expectations for Major Economies
- Global GDP Growth Snapshot
- Advanced Economy Predictions for 2023
- Emerging Market Economy Predictions for 2023
- Chinese Government Initiatives for Electric Off-highway Equipment
- The Euro Area – GDP Growth Outlook
- Major Projects in Focus to Boost the Indian Economy
3. Technology Trends
- Electric Off-Highway Equipment – Powertrain Schematics
- Electric Drivetrain Topologies
- Electrification – Technology Roadmap
- Battery Chemistry
- Lithium Battery Technology Roadmap for Current and Evolving Chemistries, 2016-2030
4. Industry Landscape, Dynamics, and Ecosystem
- Off-Highway Powertrain Overview by Segment
- Electric Product Launches, North America
- Electric Product Launches, Europe
- Electric Product Launches, China
- Electric Product Launches, India, 2022 & 2023
- Electric Tractor Development Trends – India
5. Total Cost of Ownership Analysis
- Total Cost of Ownership Methodology and Assumptions
- Total Cost of Ownership (TCO) Comparison – Diesel vs. Electric Excavator
- TCO Comparison – Loader and Dump Truck
- Acquisition Cost Evolution – Diesel vs. Battery electric
6. Growth Opportunity Analysis
- Key Findings
- Unit Sales Forecast
- Unit Sales by Equipment Type
- Key Competitors
- Scope of Analysis
- Segmentation
- Growth Drivers
- Growth Restraints
- Growth Metrics
- Forecast Assumptions and Methodology
- Global Unit Sales and EIO Forecast
- Global Unit Sales Forecast by Equipment Type
- Global EIO Forecast by Type
- Global Unit Sales and EIO Forecast by Powertrain
- Unit Sales Forecast by Region
- EIO Forecast by Region
- Forecast Discussion
7. Competitive Environment
- Electric Powertrain Mapping
- Electric Equipment – Competitive Positioning
8. Growth Opportunity Universe
- Growth Opportunity 1 – Equipment Standardization
- Growth Opportunity 2 – Alternative Electricity Generation Methods and Grid Management
- Growth Opportunity 3 – New Business Models for Equipment-as-a-Service
9. Appendix – Hybrid and Electric Equipment Launches: North America
- Hybrid Off-highway Equipment Launches, NA, 2008-2030
- Battery-electric Off-highway Equipment Launches, NA, 2016-2030
10. Hybrid and Electric Equipment Launches – Europe
- Hybrid Off-highway Equipment Launches, Europe, 2009-2023
- Electric Off-highway Equipment Launches, Europe, 2016-2023
11. Hybrid and Electric Equipment Launches – China
- Hybrid Off-highway Equipment Launches, China, 2017-2025
- Electric Off-highway Equipment Launches, China, 2019-2022
