Some of the major drivers of this market are the need for fuel-efficient and emission-free vehicles and the increasing demand for electric commercial vehicle such as electric truck in the logistics industry to minimize the additional liability of fuel expenses. Innovations in EV battery capacity, which will enable electric commercial vehicle to carry heavy loads over longer range, can create new revenue generation opportunities. Whereas, oil companies lobbying against EV, limited battery power, and longer charging duration are few challenges for the global market.
The bus segment is estimated to be the fastest growing market, in terms of volume, for electric commercial vehicle, by vehicle, followed by van, pick-up truck, and truck. Various government mandates and individual country targets to phase out fossil fuel-based public transportation system and to replace them with electric buses will help the bus market grow over the forecast period.
Global Electric Commercial Vehicle market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of 14.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Electric Commercial Vehicle.
This industry study presents the global Electric Commercial Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Electric Commercial Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of Electric Commercial Vehicle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Tesla , Nissan , etc.
The following manufacturers are covered in this report:
Tesla
Nissan
BYD
Daimler
Proterra
LG Chem
Samsung SDI
Panasonic
Delphi
ABB
Continental
Siemens
Mitsubishi Electric
Toshiba
Ballard Power Systems
Hydrogenics
ITM Power
Ceres Power
Plug Power
Nedstack
Nuvera
AFCC
Toyota
Honda
Hyundai
Electric Commercial Vehicle Breakdown Data by Type
Bus
Truck
Pick-Up Truck
Van
Electric Commercial Vehicle Breakdown Data by Application
Commercial
Private
Electric Commercial Vehicle Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Electric Commercial Vehicle Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Electric Commercial Vehicle status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Electric Commercial Vehicle manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Electric Commercial Vehicle :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Commercial Vehicle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Electric Commercial Vehicle . Industry analysis & Market Report on Electric Commercial Vehicle is a syndicated market report, published as Global Electric Commercial Vehicle Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Electric Commercial Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.