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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Electric construction equipment produces zero carbon emissions and supports green building techniques because it doesn't need gasoline or diesel fuel. Lithium-ion batteries are the power source for all-electric machinery, which effectively eliminates the need for fossil fuels.
For businesses operating in emission-restricted regions where the use of diesel-powered equipment is prohibited, these battery-powered devices are a must.
There are currently electric subterranean loaders, excavators, and tractors on the market, and the electrification trend is anticipated to pick up speed in the long run.
These machines also have less idle time, which lowers engine wear and tear and contributes to the machine's longer lifespan. This offers them a significant benefit over ICE variants.
The Thailand Electric Construction Equipment Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Seven mining excavators EX3600E-6LD made by Hitachi were delivered by Thailand to the major contractor Italian-Thai Development Public Ltd for usage in Project 9 at the sizable Mae Moh lignite coal mine.
The EX3600E-6LD (360 t) electric excavators, which use clean technology to support a green environment and pose no pollution to nearby communities, are now the largest excavator models in use in Thailand.
Additionally, they support Mae Moh Power Plant's production of energy, which complies with government environmental policy.
Italian-Thai Development has demonstrated trust in it as a dependable business associate. Both businesses will carry out cooperative investment initiatives in the Mae Moh mine and other ongoing national projects in the future.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
21 | Product installation rate by OEM, 2023 |
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, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |