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Global Electric Commercial Vehicle Market 2023-2027

Publisher TechNavio
Published Aug 23, 2023
Length 175 Pages
SKU # INF18180447

Description

Global Electric Commercial Vehicle Market 2023-2027


The electric commercial vehicle market is forecasted to grow by USD 166.58 bn during 2022-2027, accelerating at a CAGR of 26.02% during the forecast period. The report on the electric commercial vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing focus on reducing vehicular emissions, increasing adoption of EVs for improved logistics and transportation, and favorable government initiatives.

Technavio's electric commercial vehicle market is segmented as below:

By Product
  • LCVs
  • Buses
  • Heavy and medium commercial vehicles
By Type
  • Battery electric vehicle (BEV)
  • Plug-in hybrid electric vehicle (PHEV)
  • Fuel cell electric vehicle (FCEV)
By Geographical Landscape
  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the growing focus on strategies to develop advanced ECVs as one of the prime reasons driving the electric commercial vehicle market growth during the next few years. Also, technological advances in ECVs and integration of telematics and autonomous technologies will lead to sizable demand in the market.

The report on the electric commercial vehicle market covers the following areas:
  • Electric commercial vehicle market sizing
  • Electric commercial vehicle market forecast
  • Electric commercial vehicle market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric commercial vehicle market vendors that include AB Volvo, Anhui Jianghuai Automobile Group Co. Ltd., BYD Co. Ltd., Daimler Truck AG, Ford Motor Co., General Electric Co., Hyundai Motor Co., Mahindra and Mahindra Ltd., NFI Group Inc., Nissan Motor Co. Ltd., Olectra Greentech Ltd, PACCAR Inc., Proterra Inc., Renault SAS, Rivian Automotive Inc., Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., Volkswagen AG, and Xiamen King Long United Automotive Industry Co. Ltd.. Also, the electric commercial vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

175 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2022
    • Market outlook: Forecast for 2022-2027
    • Global electric commercial vehicle market 2017 - 2021
    • Product Segment Analysis 2017 - 2021
    • Type Segment Analysis 2017 - 2021
    • Geography Segment Analysis 2017 - 2021
    • Country Segment Analysis 2017 - 2021
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Product
    • LCVs - Market size and forecast 2022-2027
    • Buses - Market size and forecast 2022-2027
    • Heavy and medium commercial vehicles - Market size and forecast 2022-2027
    • Market opportunity by Product
    • Market segments
    • Comparison by Type
    • Battery electric vehicle (BEV) - Market size and forecast 2022-2027
    • Plug-in hybrid electric vehicle (PHEV) - Market size and forecast 2022-2027
    • Fuel cell electric vehicle (FCEV) - Market size and forecast 2022-2027
    • Market opportunity by Type
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2022-2027
    • North America - Market size and forecast 2022-2027
    • Europe - Market size and forecast 2022-2027
    • Middle East and Africa - Market size and forecast 2022- 2027
    • South America - Market size and forecast 2022-2027
    • China - Market size and forecast 2022-2027
    • US - Market size and forecast 2022-2027
    • Germany - Market size and forecast 2022-2027
    • UK - Market size and forecast 2022-2027
    • France - Market size and forecast 2022-2027
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • AB Volvo
    • Anhui Jianghuai Automobile Group Co. Ltd.
    • BYD Co. Ltd.
    • Daimler Truck AG
    • Ford Motor Co.
    • General Electric Co.
    • Hyundai Motor Co.
    • Mahindra and Mahindra Ltd.
    • NFI Group Inc.
    • Nissan Motor Co. Ltd.
    • PACCAR Inc.
    • Tata Motors Ltd.
    • Tesla Inc.
    • Toyota Motor Corp.
    • Volkswagen AG
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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