Electric Construction Equipment Market is expected to reach USD 35.56 billion by 2032

09-Feb-2026 | Zion Market Research

The global electric consumption equipment market size was worth around USD 9.87 billion in 2023 and is predicted to grow to around USD 35.56 billion by 2032, with a compound annual growth rate (CAGR) of roughly 15.30% between 2024 and 2032.

Global Electric Construction Equipment Market Size

Electric construction equipment refers to machines used for building and site work that run on electricity rather than diesel or petrol. These machines support excavation, lifting, material movement, and general construction tasks on job sites. Common examples include electric excavators, loaders, forklifts, compact machines, concrete mixers, and equipment charging systems. Manufacturers use electric motors and lithium-ion batteries to deliver reliable performance with zero direct emissions. Construction companies choose this equipment to cut fuel costs, reduce emissions, lower noise levels, and improve worker safety and comfort. Many models offer fast charging, long battery life, simple maintenance, and digital monitoring features. Technical standards define operating time, power output, load limits, charging needs, and environmental performance criteria.

The growth of the global electric construction equipment industry is primarily driven by tightening emissions regulations, rising fuel costs, growing environmental consciousness, and technological advancements in battery performance and charging infrastructure.

Browse the full “Electric Construction Equipment Market By Battery Type (Lead Acid, Lithium-Ion, and Others), By Type (Cranes, Loaders, Excavators, Dozers, and Others), By Application (Material Handling, Mining, Construction, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032” Report at https://www.zionmarketresearch.com/report/electric-construction-equipment-market

Market Growth Factors

Several factors are propelling the expansion of the electric construction equipment market.

  • Environmental regulation enforcement: Governments are implementing strict emission rules for construction sites, especially in cities, which is encouraging contractors to use electric equipment that meets air quality standards.
  • Total cost of ownership benefits: Although electric machines cost more upfront, they reduce fuel use and maintenance needs over time, helping companies save money in daily operations.
  • Urban construction demands: City projects often require quiet, clean equipment so work can continue without disturbing residents or violating local noise and pollution rules.

Electric Construction Equipment Market

Restraints

  • Limited operating duration: Battery-powered equipment cannot yet run as long as diesel machines, which can slow down work when charging is required on large job sites.
  • Infrastructure availability gaps: Many construction sites lack adequate charging facilities or a reliable power supply, making electric equipment harder to use on remote or temporary sites.

Electric Construction Equipment Market: Report Scope

Report Attributes Report Details
Report Name Electric Construction Equipment Market
Market Size in 2023 USD 9..87 Billion
Market Forecast in 2032 USD 35.56 Billion
Growth Rate CAGR of 15.30%
Number of Pages 219
Key Companies Covered Doosan Infracore, Volvo Construction Equipment, Manitou Group, Kubota Corporation, Caterpillar Inc., Clark Equipment, Bobcat Company, Komatsu Ltd., Terex Corporation, CASE Construction Equipment, SANY Group, Hitachi Construction Machinery, XCMG, JCB, Liebherr Group., and others.
Segments Covered By Battery Type, By Type, By Application, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Market Segmentation

The electric construction equipment market can be segmented by equipment type, battery capacity, application area, end-user, and region.

Based on equipment type, the market is divided into electric excavators, electric loaders, electric compact equipment, electric material handlers, and electric road construction machinery. Electric excavators are expected to maintain a significant market share during the forecast period due to their versatility across excavation, demolition, and material-handling tasks.

Based on battery capacity, the electric construction equipment market is classified into less than 50 kilowatt-hours, 50 to 100 kilowatt-hours, and above 100 kilowatt-hours. The 50-100 kWh segment is expected to lead the market during the forecast period, owing to a balanced trade-off between operating time and equipment size in typical construction applications.

Based on the application area, the electric construction equipment industry is segregated into residential construction, commercial building projects, infrastructure development, mining operations, and demolition activities. Commercial building projects lead the market due to their concentration in urban areas, strict emission requirements, and client sustainability expectations.

Based on end-user, the market is categorized into construction contractors, equipment rental companies, mining companies, municipal authorities, and industrial facility operators. Construction contractors lead the market due to the need for direct equipment ownership and the growing pressure to adopt sustainable practices.

Europe leads the global electric construction equipment market because governments strongly support climate action and offer incentives that encourage the use of zero-emission machines. Countries such as Norway, Sweden, Germany, and the Netherlands require lower emissions from construction work. High environmental awareness encourages both public authorities and private companies to invest in cleaner building methods. Well-developed infrastructure facilitates charging and maintenance of electric equipment. A mature construction sector is ready to adopt new and cleaner technologies. High urban population density increases demand for quiet and nonpolluting machines. Supportive regulations, strong manufacturing bases, and reliable service networks continue to drive steady market expansion. Rising diesel fuel costs also make electric equipment a more cost-effective choice.

Key Market Players

Leading companies operating in the global electric construction equipment market include:

  • Doosan Infracore
  • Volvo Construction Equipment
  • Manitou Group
  • Kubota Corporation
  • Caterpillar Inc.
  • Clark Equipment
  • Bobcat Company
  • Komatsu Ltd.
  • Terex Corporation
  • CASE Construction Equipment
  • SANY Group
  • Hitachi Construction Machinery
  • XCMG
  • JCB
  • Liebherr Group.

Recent Developments

  • In April 2025, Kobelco Construction Machinery displayed its new battery-powered 7-ton and 2-ton electric excavators at Bauma 2025, marking key steps toward carbon-neutral construction technologies.
  • In April 2025, XCMG launched the XE215EV electric crawler excavator with battery swap technology that allows recharging in minutes, aiming to reduce downtime on large construction and urban sites.
  • In November 2025, Volvo Construction Equipment (Volvo CE) and Canadian dealer Nors donated a Volvo L25 Electric wheel loader to Habitat for Humanity, supporting sustainable building projects and community development.

The global electric consumption equipment market is segmented as follows:

By Battery Type

  • Lead Acid
  • Lithium-Ion
  • Others

By Type

  • Cranes
  • Loaders
  • Excavators
  • Dozers
  • Others

By Application

  • Material Handling
  • Mining
  • Construction
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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