A new report by Interact Analysis says the market for battery electric compact construction equipment will be nearly 100 times bigger in 2030 than it is now.
Driving factors include that the compact machines are the ‘easiest’ machines to electrify. The relatively low power requirements make engineering electric versions easier (and cheaper) than their larger siblings. Second, because of their size, these types of machines can be used indoors–in basements or demolition work–so making them emission free is a health benefit. Third, the lower noise level from electric machines versus diesel machines makes them a much better fit for work in urban areas–particularly residential areas where they can operate for extended hours causing less nuisance for residents.
Although the global penetration of battery electric compact equipment is forecast to be only 10 percent by 2030, there is quite a lot of variation by country and machine type.
Read the story.
Source: Interact Analysis
