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The Off-Highway Electric Vehicle Global Market Report 2021-31 by The Business Research Company describes and explains the global off-highway electric vehicle market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.
The Off-Highway Electric Vehicle Global Market Report 2022 covers off-highway electric vehicle market drivers, off-highway electric vehicle market trends, off-highway electric vehicle market segments, off-highway electric vehicle market growth rate, off-highway electric vehicle market major players, and off-highway electric vehicle market size.
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https://www.thebusinessresearchcompany.com/report/off-highway-electric-vehicle-global-market-report
The off-highway electric vehicle market report provides in-depth analysis of the impact of COVID-19 on the global off-highway electric vehicle industry along with revised market numbers due to the effects of the coronavirus and the expected off-highway electric vehicle market growth numbers for 2022-2031.
The global off-highway electric vehicle market size is expected to grow from $4.43 billion in 2021 to $5.47 billion in 2022 at a compound annual growth rate (CAGR) of 23.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The off-highway electric vehicle market is expected to grow to $13.83 billion in 2026 at a CAGR of 26.1%.
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Off-Highway Electric Vehicle Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
TBRC’s report covers the off-highway electric vehicle market segments-
1) By Type: Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicles (PHEV)
2) By Battery Type: Lithium-Ion, Lead-Acid, Other Batteries
3) By Application: Mining, Construction Agriculture: Gardening or Landscaping, Other Applications.
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