Advertisement
UK markets closed
  • FTSE 100

    7,995.58
    +71.78 (+0.91%)
     
  • FTSE 250

    19,721.24
    -65.63 (-0.33%)
     
  • AIM

    755.91
    -2.92 (-0.38%)
     
  • GBP/EUR

    1.1694
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.2451
    -0.0104 (-0.83%)
     
  • Bitcoin GBP

    51,537.41
    -2,662.40 (-4.91%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,123.41
    -75.65 (-1.46%)
     
  • DOW

    37,983.24
    -475.84 (-1.24%)
     
  • CRUDE OIL

    85.45
    +0.43 (+0.51%)
     
  • GOLD FUTURES

    2,360.20
    -12.50 (-0.53%)
     
  • NIKKEI 225

    39,523.55
    +80.92 (+0.21%)
     
  • HANG SENG

    16,721.69
    -373.34 (-2.18%)
     
  • DAX

    17,930.32
    -24.16 (-0.13%)
     
  • CAC 40

    8,010.83
    -12.91 (-0.16%)
     

Electric Off-highway Equipment Growth Opportunities

ReportLinker
ReportLinker

Sustainability targets and the preference for lower equipment operation cost (and availability) ensure benefits across the global off-highway equipment value chain, as they encourage the adoption of alternative powertrains and electrification of equipment models.

New York, May 26, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Electric Off-highway Equipment Growth Opportunities" - https://www.reportlinker.com/p06458617/?utm_source=GNW


The various requirements for electrification, which include charging infrastructure, are growing and driving collaborations between OEMs, suppliers, utility companies, and technology.

The study intends to benchmark the total market penetration of the off-highway electric equipment.

OEMs and technology suppliers are increasingly adapting their powertrain portfolio to suit hybrid/ fully electric equipment or even those specifically designed for net zero.

Tightening emission regulations and the need to reduce fuel-related costs have led major OEMs and suppliers to develop a range of technologies that will ultimately enable fuel cost optimization, improve operability, and maximize availability.

This analytics covers key sustainability initiatives, emission regulations, technology trends, market drivers and restraints, competitive factors, regional market shares, and product launches.

Hybrid and electric powertrains in off-highway equipment are becoming popular because of the significant cost savings that they warrant.

Every fleet in the off-highway equipment industry will receive these powertrains well because of the "reduced to null" diesel fuel consumption, better overall energy efficiency, and reduced machine downtimes.

This research provides a detailed forecast of market adoption for each type of off-highway equipment type.
Author: Krishna Achuthan
Read the full report: https://www.reportlinker.com/p06458617/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001