Maximize Market research has published a report on “Off-Highway Electric Vehicle Market“. The global off-highway electric vehicle market was valued at $4.45 billion in 2021, and is expected to be worth $40.28 billion by 2029, growing at a CAGR of 31.7 per cent during the forecast period. North America is expected to dominate the market during the forecast period. US held the largest market share in the region 2022. Asia Pacific held the second-largest market share in 2021. Rising building activity in countries like India and the ASEAN countries is expected to be a significant market driving the global construction industry.