- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2022-2027
At the moment, electric and driverless construction equipment are either niche goods or prototypes. The machine's efficiency is greatly improved, and the maintenance period is extended, resulting in a decline in the ownership costs.
While the gear units benefit from traditional hydraulic applications, the electric motors were designed and implemented expressly to meet the market's exacting criteria in terms of energy economy, small dimensions, and high throughput.
| S No | Overview of Development | Development Detailing | Region of Development | Possible Future Outcomes |
| 1 | Construction equipment makers plan to go electric | JCB, Volvo CE, and Schwing Stetter, among others, are already working on the electric version's mobilisation. | Global | This would enhance better Technological Controls |
| 2 | Volvo CE Reveals Electric Equipment Line-up | The electric compact wheel loader L20, as well as the EC18 and ECR18 electric compact excavators, raise the total number of electric machines to five. | Global | This would enhance better Technological Controls |
| 3 | Danfoss powertrains driving new electric Doosan excavators | Two new totally electric Doosan excavators are powered by its drivetrains. | Global | This would enhance better Technological Controls |
| 4 | Volvo showcases its electric construction equipment ahead of full rollout | Volvo CE is a Volvo Group business that designs and manufactures equipment for the construction and related industries. | Global | This would enhance better Technological Controls |
The market for these machines is expected to rise due to an increase in construction activities around the world.
Government programmes that encourage people to buy new homes, such as stimulus packages and reduced mortgage rates, are likely to promote market expansion over the planning horizon.
However, supply chain and inventory issues, as well as semiconductor shortages, are expected to stifle market growth in the coming years. Electric construction equipment's growing popularity is likely to generate new revenue streams for OEMs.
Buonfiglio is a leading mobiliser of the drive modules in the market. The latest integration has been console's totally electric alternative to the traditional axial piston hydraulic unit reduces noise and CO2 emissions to zero.
Each motor has been meticulously engineered to fit the space available for the slew and track system, minimising the need for frame and system adjustments.
The stator's technology design, which includes focused winding and IPM (Internal Permanent Magnet) technology, ensures its tough and compact design.
Generic Inc. is part of the component manufacture trending companies in the current industry. Therange of E-Drive motors remain maintenance-free since they are brushless and completely protected against moisture and humidity.
The new GS E-drive scissor lifts have 70 percent less energy hydraulic hoses and connections, substantially decreasing the risk of hydraulic leaks and lowering service availability.
According to the business, the E-Drive scissor lifts saw a 30% boost in runtime per charge and a 20% reduction in lifetime battery expenses.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
© 2017-2025 Mobility Foresights Pvt Ltd. All rights reserved.