Whether you accept the potential role jobsite electrification could play in climate change mitigation or not, electric power is headed to a jobsite near you in one form or another, and is expected to continue to be an increasingly larger part of construction’s future. In fact, on a global basis, it's expected to become a $105 billion business by 2042.
“Electrification is coming,” stated Carl Gustaf Goransson, a corporate senior advisor and former CNH Industrial executive, in a panel discussion hosted in early February by Ritchie Bros. He cited production models introduced in 2021 that are already in operation globally. “Machines are going to market and they are operating very well – good feedback from the customers, and they know they’re meeting the regulations that are coming more and more.”
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Chris Sleight, managing director, Off-Highway Research, agreed, noting, “We’ve had a year of electric machines actually genuinely being available on the market. Call me cynical, but there is a big difference between walking around bauma or CONEXPO and seeing [units] on display. But we’re genuinely seeing them in the market now."
But to what degree might it be implemented in the U.S.? Equipment Today has developed an official report that outlines the potential barriers to electrification (Cost, Durability, Charging Time, Availability and More!), while outlining what is in store for electrification within the United States specifically.
