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.
In 2019, the market size of Electric Commercial Vehicle is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 14.2% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Commercial Vehicle.
This report studies the global market size of Electric Commercial Vehicle, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Electric Commercial Vehicle production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
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
Market Segment by Product Type
Bus
Truck
Pick-Up Truck
Van
Market Segment by Application
Commercial
Private
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Electric Commercial Vehicle status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Electric Commercial Vehicle manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 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 are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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 (United States, European Union and China) Electric Commercial Vehicle Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Electric Commercial Vehicle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.