Electric Excavator Market: Future Growth And Forecast With Significant Players 2019 - 2027
Electric Excavator Market : Introduction Electric excavator is an electrically powered heavy construction equipment that is used to dig holes and trenches, and for material handling, mining, construction, forestry mulching, general grading, river dredging, drilling shafts, driving piles, and other such applications. It comprises a dipper, bucket, boom, and a cab on a rotating platform. The electric excavator is powered by a massive kilowatt-hour battery pack, instead of a conventional internal combustion engine, and is considered as low or zero-emission equipment vehicle, as no carbon dioxide, nitrogen oxide, or other particulate matter is released into the atmosphere. The global electric excavator market has been expanding significantly for the last couple of years. It is likely to expand at a noteworthy pace in the near future. Electric excavator Market – Competitive Landscape Recently, Caterpillar Inc. formed a joint venture with Pon Equipment in an effort to electrify constru...