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 Region
2.1 Regional Summary
2.2 Europe
2.2.1 Regional Overview
2.2.2 Driving Factors for Market Growth
2.2.3 Factors Challenging the Market
2.2.4 Application
2.2.5 Product
2.2.6 Europe (by Country)
2.2.6.1 France
2.2.6.1.1 Application
2.2.6.1.2 Product
2.2.6.2 Germany
2.2.6.2.1 Application
2.2.6.2.2 Product
2.2.6.3 U.K.
2.2.6.3.1 Application
2.2.6.3.2 Product
2.2.6.4 Spain
2.2.6.4.1 Application
2.2.6.4.2 Product
2.2.6.5 Italy
2.2.6.5.1 Application
2.2.6.5.2 Product
2.2.6.6 Rest-of-Europe
2.2.6.6.1 Application
2.2.6.6.2 Product

3 Markets - Competitive Benchmarking and Company Profiles
3.1 Next Frontiers
3.2 Geographic Assessment
3.2.1 AB Volvo
3.2.1.1 Overview
3.2.1.2 Top Products/Product Portfolio
3.2.1.3 Top Competitors
3.2.1.4 Target Customers/End Users
3.2.1.5 Key Personnel
3.2.1.6 Analyst View
3.2.1.7 Market Share, 2023
3.2.2 PristenBully (Kässbohrer Geländefahrzeug AG)
3.2.2.1 Overview
3.2.2.2 Top Products/Product Portfolio
3.2.2.3 Top Competitors
3.2.2.4 Target Customers/End Users
3.2.2.5 Key Personnel
3.2.2.6 Analyst View
3.2.2.7 Market Share, 2023
3.2.3 CNH Industrial N.V.
3.2.3.1 Overview
3.2.3.2 Top Products/Product Portfolio
3.2.3.3 Top Competitors
3.2.3.4 Target Customers/End Users
3.2.3.5 Key Personnel
3.2.3.6 Analyst View
3.2.3.7 Market Share, 2023
3.2.4 Epiroc AB
3.2.4.1 Overview
3.2.4.2 Top Products/Product Portfolio
3.2.4.3 Top Competitors
3.2.4.4 Target Customers/End Users
3.2.4.5 Key Personnel
3.2.4.6 Analyst View
3.2.4.7 Market Share, 2023
3.2.5 J C Bamford Excavators Ltd.
3.2.5.1 Overview
3.2.5.2 Top Products/Product Portfolio
3.2.5.3 Top Competitors
3.2.5.4 Target Customers/End Users
3.2.5.5 Key Personnel
3.2.5.6 Analyst View
3.2.5.7 Market Share, 2023
3.2.6 Sandvik AB
3.2.6.1 Overview
3.2.6.2 Top Products/Product Portfolio
3.2.6.3 Top Competitors
3.2.6.4 Target Customers/End Users
3.2.6.5 Key Personnel
3.2.6.6 Analyst View
3.2.6.7 Market Share, 2023
3.2.7 Liebherr Group
3.2.7.1 Overview
3.2.7.2 Top Products/Product Portfolio
3.2.7.3 Top Competitors
3.2.7.4 Target Customers/End Users
3.2.7.5 Key Personnel
3.2.7.6 Analyst View
3.2.7.7 Market Share, 2023
3.2.8 Prinoth AG (HTI Group)
3.2.8.1 Overview
3.2.8.2 Top Products/Product Portfolio
3.2.8.3 Top Competitors
3.2.8.4 Target Customers/End Users
3.2.8.5 Key Personnel
3.2.8.6 Analyst View
3.2.8.7 Market Share, 2023
3.2.9 CM DUPON – ICECAT
3.2.9.1 Overview
3.2.9.2 Top Products/Product Portfolio
3.2.9.3 Top Competitors
3.2.9.4 Target Customers/End Users
3.2.9.5 Key Personnel
3.2.9.6 Analyst View
3.2.9.7 Market Share, 2023
3.2.10 xelom
3.2.10.1 Overview
3.2.10.2 Top Products/Product Portfolio
3.2.10.3 Top Competitors
3.2.10.4 Target Customers/End Users
3.2.10.5 Key Personnel
3.2.10.6 Analyst View
3.2.10.7 Market Share, 2023

4 Research Methodology
4.1 Data Sources
4.1.1 Primary Data Sources
4.1.2 Secondary Data Sources
4.1.3 Data Triangulation
4.2 Market Estimation and Forecast

List of Figures
Figure 1: Europe 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: Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023, 2027, and 2034
Figure 4: Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023, 2027, and 2034
Figure 5: Europe 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: France Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 25: Germany Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 26: U.K. Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 27: Spain Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 28: Italy Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 29: Rest-of-Europe Off-Highway Electric Vehicle Market, $Million, 2023-2034
Figure 30: Strategic Initiatives, January 2022-February 2025
Figure 31: Share of Strategic Initiatives, 2023
Figure 32: Data Triangulation
Figure 33: Top-Down and Bottom-Up Approach
Figure 34: 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 Region), $Million, 2023-2034
Table 9: Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 10: Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 11: Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 12: France Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 13: France Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 14: France Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 15: Germany Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 16: Germany Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 17: Germany Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 18: U.K. Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 19: U.K. Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 20: U.K. Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 21: Spain Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 22: Spain Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 23: Spain Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 24: Italy Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 25: Italy Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 26: Italy Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 27: Rest-of-Europe Off-Highway Electric Vehicle Market (by Application), $Million, 2023-2034
Table 28: Rest-of-Europe Off-Highway Electric Vehicle Market (by Propulsion Type), $Million, 2023-2034
Table 30: Rest-of-Europe Off-Highway Electric Vehicle Market (by Vehicle Type), $Million, 2023-2034
Table 31: Market Share