Electric machines for future construction and extraction

Electric drive machines could represent the future for the construction and extraction industries. This is the finding of a new new report from IDTechEx Research. Titled Electric Vehicles for Construction, Agriculture and Mining 2017-2027, the report predicts that electric vehicles for the construction and extraction and agriculture sectors would represent a $81 billion market by 2027. Major manufacturers such as Caterpillar, John Deere and Komatsu are currently building hybrid machines while other smaller
April 20, 2017 Read time: 2 mins
Electric drive machines could represent the future for the construction and extraction industries. This is the finding of a new new report from 8424 IDTechEx Research. Titled Electric Vehicles for Construction, Agriculture and Mining 2017-2027, the report predicts that electric vehicles for the construction and extraction and agriculture sectors would represent a $81 billion market by 2027. Major manufacturers such as 178 Caterpillar, 257 John Deere and 2300 Komatsu are currently building hybrid machines while other smaller firms are already offering all-electric units.


Pure electric drive machines are already required for many indoor applications. However for outdoor use, customers are looking for good fuel saving and performance. Battery exchanging could help provide the power required for heavy equipment to work through an entire shift. Meanwhile large extraction operations could run mobile machines from electric power, with trolley line systems powering mobile equipment such as trucks.

The report from IDTechEx Research explains all this and gives detailed forecasts, comparisons and assessments. It shows how extraction operations will electrify more. It shows why the ubiquitous tractor in agriculture will, at last, be electric in volume quantities by 2027 and how new forms of vehicle design are coming. Benchmarking from the 46 categories of electric vehicle that IDTechEx forecasts, the report explains what new technologies will arrive and why. Supercapacitors, new power components, greater modularisation and integration will transform this industry. The report draws on interviews and results of many recent conferences on these sectors.

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