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Global Off-highway EV Component Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

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1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Off-highway EV Component Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Electric Drive System Component
    • 1.3.3 Electric Motors
    • 1.3.4 Inverters
    • 1.3.5 Controllers
    • 1.3.6 Power Electronics
    • 1.3.7 Battery Packs
    • 1.3.8 Drivetrain and Transmission Component
    • 1.3.9 On-board Chargers
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Off-highway EV Component Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.4.2 Earthmoving
    • 1.4.3 Transportation
    • 1.4.4 Utility Vehicles
    • 1.4.5 Others
  • 1.5 Global Off-highway EV Component Market Size & Forecast
    • 1.5.1 Global Off-highway EV Component Consumption Value (2021 & 2025 & 2032)
    • 1.5.2 Global Off-highway EV Component Sales Quantity (2021-2032)
    • 1.5.3 Global Off-highway EV Component Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Caterpillar Inc.
    • 2.1.1 Caterpillar Inc. Details
    • 2.1.2 Caterpillar Inc. Major Business
    • 2.1.3 Caterpillar Inc. Off-highway EV Component Product and Services
    • 2.1.4 Caterpillar Inc. Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Caterpillar Inc. Recent Developments/Updates
  • 2.2 Komatsu Ltd.
    • 2.2.1 Komatsu Ltd. Details
    • 2.2.2 Komatsu Ltd. Major Business
    • 2.2.3 Komatsu Ltd. Off-highway EV Component Product and Services
    • 2.2.4 Komatsu Ltd. Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 Komatsu Ltd. Recent Developments/Updates
  • 2.3 Volvo Construction Equipment
    • 2.3.1 Volvo Construction Equipment Details
    • 2.3.2 Volvo Construction Equipment Major Business
    • 2.3.3 Volvo Construction Equipment Off-highway EV Component Product and Services
    • 2.3.4 Volvo Construction Equipment Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 Volvo Construction Equipment Recent Developments/Updates
  • 2.4 John Deere
    • 2.4.1 John Deere Details
    • 2.4.2 John Deere Major Business
    • 2.4.3 John Deere Off-highway EV Component Product and Services
    • 2.4.4 John Deere Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 John Deere Recent Developments/Updates
  • 2.5 Hitachi Construction Machinery Co., Ltd.
    • 2.5.1 Hitachi Construction Machinery Co., Ltd. Details
    • 2.5.2 Hitachi Construction Machinery Co., Ltd. Major Business
    • 2.5.3 Hitachi Construction Machinery Co., Ltd. Off-highway EV Component Product and Services
    • 2.5.4 Hitachi Construction Machinery Co., Ltd. Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Hitachi Construction Machinery Co., Ltd. Recent Developments/Updates
  • 2.6 Liebherr Group
    • 2.6.1 Liebherr Group Details
    • 2.6.2 Liebherr Group Major Business
    • 2.6.3 Liebherr Group Off-highway EV Component Product and Services
    • 2.6.4 Liebherr Group Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Liebherr Group Recent Developments/Updates
  • 2.7 Terex Corporation
    • 2.7.1 Terex Corporation Details
    • 2.7.2 Terex Corporation Major Business
    • 2.7.3 Terex Corporation Off-highway EV Component Product and Services
    • 2.7.4 Terex Corporation Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Terex Corporation Recent Developments/Updates
  • 2.8 Doosan Infracore
    • 2.8.1 Doosan Infracore Details
    • 2.8.2 Doosan Infracore Major Business
    • 2.8.3 Doosan Infracore Off-highway EV Component Product and Services
    • 2.8.4 Doosan Infracore Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Doosan Infracore Recent Developments/Updates
  • 2.9 Bell Equipment
    • 2.9.1 Bell Equipment Details
    • 2.9.2 Bell Equipment Major Business
    • 2.9.3 Bell Equipment Off-highway EV Component Product and Services
    • 2.9.4 Bell Equipment Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 Bell Equipment Recent Developments/Updates
  • 2.10 JCB
    • 2.10.1 JCB Details
    • 2.10.2 JCB Major Business
    • 2.10.3 JCB Off-highway EV Component Product and Services
    • 2.10.4 JCB Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 JCB Recent Developments/Updates
  • 2.11 Wacker Neuson Group
    • 2.11.1 Wacker Neuson Group Details
    • 2.11.2 Wacker Neuson Group Major Business
    • 2.11.3 Wacker Neuson Group Off-highway EV Component Product and Services
    • 2.11.4 Wacker Neuson Group Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Wacker Neuson Group Recent Developments/Updates
  • 2.12 Bobcat Company
    • 2.12.1 Bobcat Company Details
    • 2.12.2 Bobcat Company Major Business
    • 2.12.3 Bobcat Company Off-highway EV Component Product and Services
    • 2.12.4 Bobcat Company Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Bobcat Company Recent Developments/Updates
  • 2.13 Manitou Group
    • 2.13.1 Manitou Group Details
    • 2.13.2 Manitou Group Major Business
    • 2.13.3 Manitou Group Off-highway EV Component Product and Services
    • 2.13.4 Manitou Group Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Manitou Group Recent Developments/Updates
  • 2.14 XCMG Group
    • 2.14.1 XCMG Group Details
    • 2.14.2 XCMG Group Major Business
    • 2.14.3 XCMG Group Off-highway EV Component Product and Services
    • 2.14.4 XCMG Group Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 XCMG Group Recent Developments/Updates
  • 2.15 SANY Group
    • 2.15.1 SANY Group Details
    • 2.15.2 SANY Group Major Business
    • 2.15.3 SANY Group Off-highway EV Component Product and Services
    • 2.15.4 SANY Group Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 SANY Group Recent Developments/Updates
  • 2.16 Hidromek
    • 2.16.1 Hidromek Details
    • 2.16.2 Hidromek Major Business
    • 2.16.3 Hidromek Off-highway EV Component Product and Services
    • 2.16.4 Hidromek Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.16.5 Hidromek Recent Developments/Updates
  • 2.17 Takeuchi Manufacturing
    • 2.17.1 Takeuchi Manufacturing Details
    • 2.17.2 Takeuchi Manufacturing Major Business
    • 2.17.3 Takeuchi Manufacturing Off-highway EV Component Product and Services
    • 2.17.4 Takeuchi Manufacturing Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.17.5 Takeuchi Manufacturing Recent Developments/Updates
  • 2.18 Hyundai Construction Equipment
    • 2.18.1 Hyundai Construction Equipment Details
    • 2.18.2 Hyundai Construction Equipment Major Business
    • 2.18.3 Hyundai Construction Equipment Off-highway EV Component Product and Services
    • 2.18.4 Hyundai Construction Equipment Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.18.5 Hyundai Construction Equipment Recent Developments/Updates
  • 2.19 Kubota Corporation
    • 2.19.1 Kubota Corporation Details
    • 2.19.2 Kubota Corporation Major Business
    • 2.19.3 Kubota Corporation Off-highway EV Component Product and Services
    • 2.19.4 Kubota Corporation Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.19.5 Kubota Corporation Recent Developments/Updates
  • 2.20 Sandvik
    • 2.20.1 Sandvik Details
    • 2.20.2 Sandvik Major Business
    • 2.20.3 Sandvik Off-highway EV Component Product and Services
    • 2.20.4 Sandvik Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.20.5 Sandvik Recent Developments/Updates
  • 2.21 Atlas Copco
    • 2.21.1 Atlas Copco Details
    • 2.21.2 Atlas Copco Major Business
    • 2.21.3 Atlas Copco Off-highway EV Component Product and Services
    • 2.21.4 Atlas Copco Off-highway EV Component Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.21.5 Atlas Copco Recent Developments/Updates

3 Competitive Environment: Off-highway EV Component by Manufacturer

  • 3.1 Global Off-highway EV Component Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global Off-highway EV Component Revenue by Manufacturer (2021-2026)
  • 3.3 Global Off-highway EV Component Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of Off-highway EV Component by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 Off-highway EV Component Manufacturer Market Share in 2025
    • 3.4.3 Top 6 Off-highway EV Component Manufacturer Market Share in 2025
  • 3.5 Off-highway EV Component Market: Overall Company Footprint Analysis
    • 3.5.1 Off-highway EV Component Market: Region Footprint
    • 3.5.2 Off-highway EV Component Market: Company Product Type Footprint
    • 3.5.3 Off-highway EV Component Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Off-highway EV Component Market Size by Region
    • 4.1.1 Global Off-highway EV Component Sales Quantity by Region (2021-2032)
    • 4.1.2 Global Off-highway EV Component Consumption Value by Region (2021-2032)
    • 4.1.3 Global Off-highway EV Component Average Price by Region (2021-2032)
  • 4.2 North America Off-highway EV Component Consumption Value (2021-2032)
  • 4.3 Europe Off-highway EV Component Consumption Value (2021-2032)
  • 4.4 Asia-Pacific Off-highway EV Component Consumption Value (2021-2032)
  • 4.5 South America Off-highway EV Component Consumption Value (2021-2032)
  • 4.6 Middle East & Africa Off-highway EV Component Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 5.2 Global Off-highway EV Component Consumption Value by Type (2021-2032)
  • 5.3 Global Off-highway EV Component Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 6.2 Global Off-highway EV Component Consumption Value by Application (2021-2032)
  • 6.3 Global Off-highway EV Component Average Price by Application (2021-2032)

7 North America

  • 7.1 North America Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 7.2 North America Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 7.3 North America Off-highway EV Component Market Size by Country
    • 7.3.1 North America Off-highway EV Component Sales Quantity by Country (2021-2032)
    • 7.3.2 North America Off-highway EV Component Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 8.2 Europe Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 8.3 Europe Off-highway EV Component Market Size by Country
    • 8.3.1 Europe Off-highway EV Component Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe Off-highway EV Component Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific Off-highway EV Component Market Size by Region
    • 9.3.1 Asia-Pacific Off-highway EV Component Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific Off-highway EV Component Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 10.2 South America Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 10.3 South America Off-highway EV Component Market Size by Country
    • 10.3.1 South America Off-highway EV Component Sales Quantity by Country (2021-2032)
    • 10.3.2 South America Off-highway EV Component Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa Off-highway EV Component Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa Off-highway EV Component Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa Off-highway EV Component Market Size by Country
    • 11.3.1 Middle East & Africa Off-highway EV Component Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa Off-highway EV Component Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 Off-highway EV Component Market Drivers
  • 12.2 Off-highway EV Component Market Restraints
  • 12.3 Off-highway EV Component Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Off-highway EV Component and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Off-highway EV Component
  • 13.3 Off-highway EV Component Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Off-highway EV Component Typical Distributors
  • 14.3 Off-highway EV Component Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    According to our (Global Info Research) latest study, the global Off-highway EV Component market size was valued at US$ million in 2025 and is forecast to a readjusted size of US$ million by 2032 with a CAGR of %during review period.
    Off-highway EV Component is the term for the components of electric vehicles that are used for off-road purposes, such as batteries, motors, controllers, transmissions, etc. Off-road electric vehicles include excavators, bulldozers, loaders, and other construction machinery, as well as electric vehicles for agriculture, material handling, and other fields.
    This report is a detailed and comprehensive analysis for global Off-highway EV Component market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
    Key Features:
    Global Off-highway EV Component market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Off-highway EV Component market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Off-highway EV Component market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
    Global Off-highway EV Component market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
    The Primary Objectives in This Report Are:
    To determine the size of the total market opportunity of global and key countries
    To assess the growth potential for Off-highway EV Component
    To forecast future growth in each product and end-use market
    To assess competitive factors affecting the marketplace
    This report profiles key players in the global Off-highway EV Component market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Caterpillar Inc., Komatsu Ltd., Volvo Construction Equipment, John Deere, Hitachi Construction Machinery Co., Ltd., Liebherr Group, Terex Corporation, Doosan Infracore, Bell Equipment, JCB, etc.
    This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
    Market Segmentation
    Off-highway EV Component market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
    Market segment by Type
    Electric Drive System Component
    Electric Motors
    Inverters
    Controllers
    Power Electronics
    Battery Packs
    Drivetrain and Transmission Component
    On-board Chargers
    Market segment by Application
    Earthmoving
    Transportation
    Utility Vehicles
    Others
    Major players covered
    Caterpillar Inc.
    Komatsu Ltd.
    Volvo Construction Equipment
    John Deere
    Hitachi Construction Machinery Co., Ltd.
    Liebherr Group
    Terex Corporation
    Doosan Infracore
    Bell Equipment
    JCB
    Wacker Neuson Group
    Bobcat Company
    Manitou Group
    XCMG Group
    SANY Group
    Hidromek
    Takeuchi Manufacturing
    Hyundai Construction Equipment
    Kubota Corporation
    Sandvik
    Atlas Copco
    Market segment by region, regional analysis covers
    North America (United States, Canada, and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
    The content of the study subjects, includes a total of 15 chapters:
    Chapter 1, to describe Off-highway EV Component product scope, market overview, market estimation caveats and base year.
    Chapter 2, to profile the top manufacturers of Off-highway EV Component, with price, sales quantity, revenue, and global market share of Off-highway EV Component from 2021 to 2026.
    Chapter 3, the Off-highway EV Component competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
    Chapter 4, the Off-highway EV Component breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
    Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
    Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and Off-highway EV Component market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
    Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
    Chapter 13, the key raw materials and key suppliers, and industry chain of Off-highway EV Component.
    Chapter 14 and 15, to describe Off-highway EV Component sales channel, distributors, customers, research findings and conclusion.

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