Global Heavy-duty Electric Truck Market Growth 2025-2031

The global Heavy-duty Electric Truck market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

An electric truck is an electric vehicle powered by batteries designed to transport cargo, carry specialized payloads, or perform other utilitarian work.Heavy-duty electric truck refers to an electric truck with a total mass of more than 25t.

United States market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Heavy-duty Electric Truck players cover Dongfeng Motor, Volvo Trucks, SANY Group, Faw Jiefang Automotive, BYD, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Heavy-duty Electric Truck Industry Forecast” looks at past sales and reviews total world Heavy-duty Electric Truck sales in 2024, providing a comprehensive analysis by region and market sector of projected Heavy-duty Electric Truck sales for 2025 through 2031. With Heavy-duty Electric Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-duty Electric Truck industry.

This Insight Report provides a comprehensive analysis of the global Heavy-duty Electric Truck landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Heavy-duty Electric Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Heavy-duty Electric Truck market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-duty Electric Truck and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Heavy-duty Electric Truck.

This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-duty Electric Truck market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

Dump Truck

Tractor

Others

Segmentation by Application:

Utility

Freight Transport

Construction

Mining

Oil & Gas

Otherss

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

Dongfeng Motor

Volvo Trucks

SANY Group

Faw Jiefang Automotive

BYD

CAMC

XCMG Group

Zhengzhou Yutong Bus

Shanxi Automobile Group

CHINA NATIONAL HEAVY DUTY TRUCK GROUP

SAIC Hongyan

BEIBEN TRUCKS GROUP

Key Questions Addressed in this Report

What is the 10-year outlook for the global Heavy-duty Electric Truck market?

What factors are driving Heavy-duty Electric Truck market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Heavy-duty Electric Truck market opportunities vary by end market size?

How does Heavy-duty Electric Truck break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.