Table of Content

Executive Summary
Scope and Definition

1 Markets
1.1 Trends: Current and Future Impact Assessment
1.1.1 Trends Overview
1.1.2 Technology Development in Off-Highway Electric Vehicles
1.1.3 Integration of Autonomy in Mining Vehicles
1.2 Supply Chain Overview
1.2.1 Value Chain Analysis
1.2.2 Market Map
1.2.2.1 Excavators
1.2.2.2 Trucks
1.2.2.3 Loaders
1.2.2.4 Others
1.2.3 Pricing Forecast
1.3 R&D Review
1.3.1 Patent Filing Trend (by Country and Company)
1.3.2 Regulatory Landscape
1.4 Stakeholder Analysis
1.4.1 Use Case
1.4.2 End-User Buying Criteria
1.5 Market Dynamics Overview
1.5.1 Market Drivers
1.5.1.1 Increased Focus toward Emission and Noise Reduction
1.5.1.2 Compliance with Emission Regulations
1.5.2 Market Restraints
1.5.2.1 Energy Storage and Range Limitations
1.5.2.2 High Initial Costs and Economic Viability
1.5.3 Market Opportunities
1.5.3.1 Mobile Charging Solutions to Support OHEV Adoption
1.5.3.2 Renewable Energy Integration with OHEV Systems
1.6 Comprehensive Analysis of Diesel vs. Electric Off-Highway Vehicles
1.7 Future Trends in the Electrification of Off-Highway Vehicle Market, 2023-2030
1.8 The Emerging Parallels Between On-Highway and Off-Highway Electrification

2 Application
2.1 Application Segmentation
2.2 Application Summary
2.3 Off-Highway Electric Vehicles Market (by Application)
2.3.1 Construction
2.3.2 Mining
2.3.3 Agriculture
2.3.4 Others
2.4 Off-Highway Electric Vehicles Market (by Propulsion Type)
2.4.1 Battery Electric Vehicles (BEVs)
2.4.2 Hybrid Electric Vehicles (HEVs)
2.5 Electric Snow Grooming Vehicle Market (by Application)
2.5.1 Ski and Snowboard Parks
2.5.2 Cross-Country Ski Trails
2.5.3 Others (Alpine Ski Rope and Snowmobile Trails)

3 Products
3.1 Product Segmentation
3.2 Product Summary
3.3 Off-Highway Electric Vehicle Market (by Vehicle Type)
3.3.1 Excavators
3.3.2 Trucks
3.3.3 Loaders
3.3.4 Others (Tractors, Snow Grooming Vehicles, etc.)
3.4 Electric Snow Grooming Vehicle Market (by Power Output)
3.4.1 Up to 200kW
3.4.2 Above 200kW

4 Region
4.1 Regional Summary
4.2 North America
4.2.1 Regional Overview
4.2.2 Driving Factors for Market Growth
4.2.3 Factors Challenging the Market
4.2.4 Application
4.2.5 Product
4.2.6 North America (by Country)
4.2.6.1 U.S.
4.2.6.1.1 Application
4.2.6.1.2 Product
4.2.6.2 Canada
4.2.6.2.1 Application
4.2.6.2.2 Product
4.2.6.3 Mexico
4.2.6.3.1 Application
4.2.6.3.2 Product
4.3 Europe
4.3.1 Regional Overview
4.3.2 Driving Factors for Market Growth
4.3.3 Factors Challenging the Market
4.3.4 Application
4.3.5 Product
4.3.6 Europe (by Country)
4.3.6.1 France
4.3.6.1.1 Application
4.3.6.1.2 Product
4.3.6.2 Germany
4.3.6.2.1 Application
4.3.6.2.2 Product
4.3.6.3 U.K.
4.3.6.3.1 Application
4.3.6.3.2 Product
4.3.6.4 Spain
4.3.6.4.1 Application
4.3.6.4.2 Product
4.3.6.5 Italy
4.3.6.5.1 Application
4.3.6.5.2 Product
4.3.6.6 Rest-of-Europe
4.3.6.6.1 Application
4.3.6.6.2 Product
4.4 Asia-Pacific
4.4.1 Regional Overview
4.4.2 Driving Factors for Market Growth
4.4.3 Factors Challenging the Market
4.4.4 Application
4.4.5 Product
4.4.6 Asia-Pacific (by Country)
4.4.6.1 China
4.4.6.1.1 Application
4.4.6.1.2 Product
4.4.6.2 Japan
4.4.6.2.1 Application
4.4.6.2.2 Product
4.4.6.3 South Korea
4.4.6.3.1 Application
4.4.6.3.2 Product
4.4.6.4 Rest-of-Asia-Pacific
4.4.6.4.1 Application
4.4.6.4.2 Product
4.5 Rest-of-the-World
4.5.1 Regional Overview
4.5.2 Driving Factors for Market Growth
4.5.3 Factors Challenging the Market
4.5.4 Application
4.5.5 Product
4.5.6 Rest-of-the-World (by Region)
4.5.6.1 South America
4.5.6.1.1 Application
4.5.6.1.2 Product
4.5.6.2 Middle East and Africa
4.5.6.2.1 Application
4.5.6.2.2 Product

5 Markets - Competitive Benchmarking and Company Profiles
5.1 Next Frontiers
5.2 Geographic Assessment
5.2.1 AB Volvo
5.2.1.1 Overview
5.2.1.2 Top Products/Product Portfolio
5.2.1.3 Top Competitors
5.2.1.4 Target Customers/End Users
5.2.1.5 Key Personnel
5.2.1.6 Analyst View
5.2.1.7 Market Share, 2023
5.2.2 PristenBully (Kässbohrer Geländefahrzeug AG)
5.2.2.1 Overview
5.2.2.2 Top Products/Product Portfolio
5.2.2.3 Top Competitors
5.2.2.4 Target Customers/End Users
5.2.2.5 Key Personnel
5.2.2.6 Analyst View
5.2.2.7 Market Share, 2023
5.2.3 Hitachi Construction Machinery Co., Ltd.
5.2.3.1 Overview
5.2.3.2 Top Products/Product Portfolio
5.2.3.3 Top Competitors
5.2.3.4 Target Customers/End Users
5.2.3.5 Key Personnel
5.2.3.6 Analyst View
5.2.3.7 Market Share, 2023
5.2.4 Caterpillar
5.2.4.1 Overview
5.2.4.2 Top Products/Product Portfolio
5.2.4.3 Top Competitors
5.2.4.4 Target Customers/End Users
5.2.4.5 Key Personnel
5.2.4.6 Analyst View
5.2.4.7 Market Share, 2023
5.2.5 CNH Industrial N.V.
5.2.5.1 Overview
5.2.5.2 Top Products/Product Portfolio
5.2.5.3 Top Competitors
5.2.5.4 Target Customers/End Users
5.2.5.5 Key Personnel
5.2.5.6 Analyst View
5.2.5.7 Market Share, 2023
5.2.6 Epiroc AB
5.2.6.1 Overview
5.2.6.2 Top Products/Product Portfolio
5.2.6.3 Top Competitors
5.2.6.4 Target Customers/End Users
5.2.6.5 Key Personnel
5.2.6.6 Analyst View
5.2.6.7 Market Share, 2023
5.2.7 Deere & Company
5.2.7.1 Overview
5.2.7.2 Top Products/Product Portfolio
5.2.7.3 Top Competitors
5.2.7.4 Target Customers/End Users
5.2.7.5 Key Personnel
5.2.7.6 Analyst View
5.2.7.7 Market Share, 2023
5.2.8 J C Bamford Excavators Ltd.
5.2.8.1 Overview
5.2.8.2 Top Products/Product Portfolio
5.2.8.3 Top Competitors
5.2.8.4 Target Customers/End Users
5.2.8.5 Key Personnel
5.2.8.6 Analyst View
5.2.8.7 Market Share, 2023
5.2.9 Sany Group
5.2.9.1 Overview
5.2.9.2 Top Products/Product Portfolio
5.2.9.3 Top Competitors
5.2.9.4 Target Customers/End Users
5.2.9.5 Key Personnel
5.2.9.6 Analyst View
5.2.9.7 Market Share, 2023
5.2.10 Sandvik AB
5.2.10.1 Overview
5.2.10.2 Top Products/Product Portfolio
5.2.10.3 Top Competitors
5.2.10.4 Target Customers/End Users
5.2.10.5 Key Personnel
5.2.10.6 Analyst View
5.2.10.7 Market Share, 2023
5.2.11 Komatsu Ltd.
5.2.11.1 Overview
5.2.11.2 Top Products/Product Portfolio
5.2.11.3 Top Competitors
5.2.11.4 Target Customers/End Users
5.2.11.5 Key Personnel
5.2.11.6 Analyst View
5.2.11.7 Market Share, 2023
5.2.12 Liebherr Group
5.2.12.1 Overview
5.2.12.2 Top Products/Product Portfolio
5.2.12.3 Top Competitors
5.2.12.4 Target Customers/End Users
5.2.12.5 Key Personnel
5.2.12.6 Analyst View
5.2.12.7 Market Share, 2023
5.2.13 Prinoth AG (HTI Group)
5.2.13.1 Overview
5.2.13.2 Top Products/Product Portfolio
5.2.13.3 Top Competitors
5.2.13.4 Target Customers/End Users
5.2.13.5 Key Personnel
5.2.13.6 Analyst View
5.2.13.7 Market Share, 2023
5.2.14 CM DUPON – ICECAT
5.2.14.1 Overview
5.2.14.2 Top Products/Product Portfolio
5.2.14.3 Top Competitors
5.2.14.4 Target Customers/End Users
5.2.14.5 Key Personnel
5.2.14.6 Analyst View
5.2.14.7 Market Share, 2023
5.2.15 xelom
5.2.15.1 Overview
5.2.15.2 Top Products/Product Portfolio
5.2.15.3 Top Competitors
5.2.15.4 Target Customers/End Users
5.2.15.5 Key Personnel
5.2.15.6 Analyst View
5.2.15.7 Market Share, 2023

6 Research Methodology
6.1 Data Sources
6.1.1 Primary Data Sources
6.1.2 Secondary Data Sources
6.1.3 Data Triangulation
6.2 Market Estimation and Forecast

List of Figures
Figure 1: Off-Highway Electric Vehicle Market (by Scenario), $Million, 2024, 2027, and 2034
Figure 2: Off-Highway Electric Vehicle Market (by Region), $Million, 2023, 2027, and 2034
Figure 3: Off-Highway Electric Vehicle Market (by Application), $Million, 2023, 2027, and 2034
Figure 4: Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023, 2027, and 2034
Figure 5: Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023, 2027, and 2034
Figure 6: Key Events
Figure 7: Failure Rate of Batteries, 2011-2023
Figure 8: Number of Mining Fatalities, 2010-2023
Figure 9: Supply Chain and Risks within the Supply Chain
Figure 10: Value Chain of Off-Highway Electric Vehicle Market
Figure 11: Off-Highway Electric Vehicle Market, by Vehicle Type, ($US/Unit), 2023, 2027, and 2034
Figure 12: Patent Analysis (by Country), 2021-December 2024
Figure 13: Patent Analysis (by Company), January 2021-February 2025
Figure 14: End User and Buying Criteria in the Off-Highway Electric Vehicle Market
Figure 15: Impact Analysis of Market Navigating Factors, 2023-2034
Figure 16: Estimated Annual Emission (by Vehicle Type)
Figure 17: Announced Electric Vehicle Battery Manufacturing Capacity by Region and Manufacturing Capacity Needed in The Net Zero Scenario, 2025 and 2030
Figure 18: Mining Energy Intensity, Ventilation, and Cooling (by Energy Type), MJ/Ton
Figure 19: Performance Comparison when Loaded (by Vehicle Type)
Figure 20: Total Cost of Ownership, Net Present Cost ($), 2023
Figure 21: Total Cost of Ownership Savings, Percentage (%)
Figure 22: On-Highway vs. Off-Highway Compound Annual Growth Rate, Percentage, 2024-2034
Figure 23: Share of Battery Electric Vehicles of All Vehicle Sales
Figure 24: U.S. Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 25: Canada Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 26: Mexico Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 27: France Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 28: Germany Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 29: U.K. Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 30: Spain Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 31: Italy Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 32: Rest-of-Europe Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 33: China Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 34: Japan Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 35: South Korea Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 36: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 37: South America Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 38: Middle East and Africa Off-Highway Electric Vehicle Market, 2023-2034
Figure 39: Strategic Initiatives, January 2022-February 2025
Figure 40: Share of Strategic Initiatives, 2023
Figure 41: Data Triangulation
Figure 42: Top-Down and Bottom-Up Approach
Figure 43: Assumptions and Limitations

List of Tables
Table 1: Market Snapshot
Table 2: Opportunities across Region
Table 3: Competitive Landscape Snapshot
Table 4: Future Outlook
Table 5: Regulatory Landscape
Table 6: Country-Wise Targets
Table 7: Electrification Rate (by Vehicle Type), 2023 and 2030
Table 8: Off-Highway Electric Vehicle Market (by Application)
Table 9: Off-Highway Electric Vehicle Market (by Propulsion Type)
Table 10: Electric Snow Grooming Vehicle Market (by Application), $Million, 2023-2034
Table 11: Snow Grooming Vehicle Market (by Application), $Million, 2023-2034
Table 12: Off-Highway Electric Vehicle Market (by Vehicle Type)
Table 13: Electric Snow Grooming Vehicle Market (by Power Output), $Million, 2023-2034
Table 14: Snow Grooming Vehicle Market (by Power Output), $Million, 2023-2034
Table 15: Off-Highway Electric Vehicle Market (by Region), $Million, 2023-2034
Table 16: North America Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 17: North America Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 18: North America Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 19: U.S. Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 20: U.S. Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 21: U.S. Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 22: Canada Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 23: Canada Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 24: Canada Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 25: Mexico Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 26: Mexico Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 27: Mexico Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 28: Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 29: Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 30: Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 31: France Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 32: France Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 33: France Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 34: Germany Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 35: Germany Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 36: Germany Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 37: U.K. Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 38: U.K. Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 39: U.K. Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 40: Spain Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 41: Spain Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 42: Spain Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 43: Italy Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 44: Italy Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 45: Italy Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 46: Rest-of-Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 47: Rest-of-Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 49: Rest-of-Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 50: Asia-Pacific Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 51: Asia-Pacific Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 52: Asia-Pacific Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 53: China Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 54: China Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 55: China Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 56: Japan Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 57: Japan Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 58: Japan Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 59: South Korea Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 60: South Korea Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 61: South Korea Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 62: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 63: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 64: Rest-of-Asia-Pacific Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 65: Rest-of-the-World Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 66: Rest-of-the-World Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 67: Rest-of-the-World Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 68: South America Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 69: South America Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 70: South America Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 71: Middle East and Africa Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 72: Middle East and Africa Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 73: Middle East and Africa Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 74: Market Share