Global Electric Trucks Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Electric Trucks Market Size, Manufacturers, Opportunities and Forecast to 2030


This report studies the Electric Trucks market. Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric Trucks can largely cutting down the pollution in the city transmission.

According to APO Research, The global Electric Trucks market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

Global Electric Trucks key players include Dongfeng, BAIC, etc. Global top two manufacturers hold a share over 65%.

China is the largest market, with a share about 80%, followed by North America and Europe, both have a share about 10 percent.

In terms of product, Light & Medium-duty Truck is the largest segment, with a share over 90%. And in terms of application, the largest application is Logistics, followed by Municipal, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Trucks.

The Electric Trucks market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Dongfeng
BAIC
Guohong Auto
Chongqing Ruichi
BYD
Alke XT
Zenith Motors
Voltia
Shineray Group
Sky-well New Energy Automobile
Changan Automobile
Mitsubishi Fuso
Scania
MAN

Electric Trucks segment by Type

Light & Medium-duty Truck
Heavy-duty Truck

Electric Trucks segment by Application

Logistics
Municipal

Electric Trucks Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Trucks market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Trucks and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Trucks.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Electric Trucks manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Electric Trucks in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Trucks Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Electric Trucks Sales Estimates and Forecasts (2019-2030)
1.3 Electric Trucks Market by Type
1.3.1 Light & Medium-duty Truck
1.3.2 Heavy-duty Truck
1.4 Global Electric Trucks Market Size by Type
1.4.1 Global Electric Trucks Market Size Overview by Type (2019-2030)
1.4.2 Global Electric Trucks Historic Market Size Review by Type (2019-2024)
1.4.3 Global Electric Trucks Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Electric Trucks Sales Breakdown by Type (2019-2024)
1.5.2 Europe Electric Trucks Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Electric Trucks Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Electric Trucks Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Electric Trucks Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Electric Trucks Industry Trends
2.2 Electric Trucks Industry Drivers
2.3 Electric Trucks Industry Opportunities and Challenges
2.4 Electric Trucks Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Electric Trucks Revenue (2019-2024)
3.2 Global Top Players by Electric Trucks Sales (2019-2024)
3.3 Global Top Players by Electric Trucks Price (2019-2024)
3.4 Global Electric Trucks Industry Company Ranking, 20
22 VS 2023 VS 2024
3.5 Global Electric Trucks Key Company Manufacturing Sites & Headquarters
3.6 Global Electric Trucks Company, Product Type & Application
3.7 Global Electric Trucks Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Electric Trucks Market CR5 and HHI
3.8.2 Global Top 5 and
10 Electric Trucks Players Market Share by Revenue in 2023
3.8.3 20
23 Electric Trucks Tier 1, Tier 2, and Tier 3
4 Electric Trucks Regional Status and Outlook
4.1 Global Electric Trucks Market Size and CAGR by Region: 20
19 VS 2023 VS 2030
4.2 Global Electric Trucks Historic Market Size by Region
4.2.1 Global Electric Trucks Sales in Volume by Region (2019-2024)
4.2.2 Global Electric Trucks Sales in Value by Region (2019-2024)
4.2.3 Global Electric Trucks Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Electric Trucks Forecasted Market Size by Region
4.3.1 Global Electric Trucks Sales in Volume by Region (2025-2030)
4.3.2 Global Electric Trucks Sales in Value by Region (2025-2030)
4.3.3 Global Electric Trucks Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Electric Trucks by Application
5.1 Electric Trucks Market by Application
5.1.1 Logistics
5.1.2 Municipal
5.2 Global Electric Trucks Market Size by Application
5.2.1 Global Electric Trucks Market Size Overview by Application (2019-2030)
5.2.2 Global Electric Trucks Historic Market Size Review by Application (2019-2024)
5.2.3 Global Electric Trucks Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Electric Trucks Sales Breakdown by Application (2019-2024)
5.3.2 Europe Electric Trucks Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Electric Trucks Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Electric Trucks Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Electric Trucks Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 Dongfeng
6.1.1 Dongfeng Comapny Information
6.1.2 Dongfeng Business Overview
6.1.3 Dongfeng Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.1.4 Dongfeng Electric Trucks Product Portfolio
6.1.5 Dongfeng Recent Developments
6.2 BAIC
6.2.1 BAIC Comapny Information
6.2.2 BAIC Business Overview
6.2.3 BAIC Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.2.4 BAIC Electric Trucks Product Portfolio
6.2.5 BAIC Recent Developments
6.3 Guohong Auto
6.3.1 Guohong Auto Comapny Information
6.3.2 Guohong Auto Business Overview
6.3.3 Guohong Auto Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Guohong Auto Electric Trucks Product Portfolio
6.3.5 Guohong Auto Recent Developments
6.4 Chongqing Ruichi
6.4.1 Chongqing Ruichi Comapny Information
6.4.2 Chongqing Ruichi Business Overview
6.4.3 Chongqing Ruichi Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Chongqing Ruichi Electric Trucks Product Portfolio
6.4.5 Chongqing Ruichi Recent Developments
6.5 BYD
6.5.1 BYD Comapny Information
6.5.2 BYD Business Overview
6.5.3 BYD Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.5.4 BYD Electric Trucks Product Portfolio
6.5.5 BYD Recent Developments
6.6 Alke XT
6.6.1 Alke XT Comapny Information
6.6.2 Alke XT Business Overview
6.6.3 Alke XT Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Alke XT Electric Trucks Product Portfolio
6.6.5 Alke XT Recent Developments
6.7 Zenith Motors
6.7.1 Zenith Motors Comapny Information
6.7.2 Zenith Motors Business Overview
6.7.3 Zenith Motors Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Zenith Motors Electric Trucks Product Portfolio
6.7.5 Zenith Motors Recent Developments
6.8 Voltia
6.8.1 Voltia Comapny Information
6.8.2 Voltia Business Overview
6.8.3 Voltia Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.8.4 Voltia Electric Trucks Product Portfolio
6.8.5 Voltia Recent Developments
6.9 Shineray Group
6.9.1 Shineray Group Comapny Information
6.9.2 Shineray Group Business Overview
6.9.3 Shineray Group Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.9.4 Shineray Group Electric Trucks Product Portfolio
6.9.5 Shineray Group Recent Developments
6.
10 Sky-well New Energy Automobile
6.10.1 Sky-well New Energy Automobile Comapny Information
6.10.2 Sky-well New Energy Automobile Business Overview
6.10.3 Sky-well New Energy Automobile Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Sky-well New Energy Automobile Electric Trucks Product Portfolio
6.10.5 Sky-well New Energy Automobile Recent Developments
6.
11 Changan Automobile
6.11.1 Changan Automobile Comapny Information
6.11.2 Changan Automobile Business Overview
6.11.3 Changan Automobile Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Changan Automobile Electric Trucks Product Portfolio
6.11.5 Changan Automobile Recent Developments
6.
12 Mitsubishi Fuso
6.12.1 Mitsubishi Fuso Comapny Information
6.12.2 Mitsubishi Fuso Business Overview
6.12.3 Mitsubishi Fuso Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Mitsubishi Fuso Electric Trucks Product Portfolio
6.12.5 Mitsubishi Fuso Recent Developments
6.
13 Scania
6.13.1 Scania Comapny Information
6.13.2 Scania Business Overview
6.13.3 Scania Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Scania Electric Trucks Product Portfolio
6.13.5 Scania Recent Developments
6.
14 MAN
6.14.1 MAN Comapny Information
6.14.2 MAN Business Overview
6.14.3 MAN Electric Trucks Sales, Revenue and Gross Margin (2019-2024)
6.14.4 MAN Electric Trucks Product Portfolio
6.14.5 MAN Recent Developments
7 North America by Country
7.1 North America Electric Trucks Sales by Country
7.1.1 North America Electric Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.1.2 North America Electric Trucks Sales by Country (2019-2024)
7.1.3 North America Electric Trucks Sales Forecast by Country (2025-2030)
7.2 North America Electric Trucks Market Size by Country
7.2.1 North America Electric Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
7.2.2 North America Electric Trucks Market Size by Country (2019-2024)
7.2.3 North America Electric Trucks Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Electric Trucks Sales by Country
8.1.1 Europe Electric Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.1.2 Europe Electric Trucks Sales by Country (2019-2024)
8.1.3 Europe Electric Trucks Sales Forecast by Country (2025-2030)
8.2 Europe Electric Trucks Market Size by Country
8.2.1 Europe Electric Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
8.2.2 Europe Electric Trucks Market Size by Country (2019-2024)
8.2.3 Europe Electric Trucks Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Electric Trucks Sales by Country
9.1.1 Asia-Pacific Electric Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.1.2 Asia-Pacific Electric Trucks Sales by Country (2019-2024)
9.1.3 Asia-Pacific Electric Trucks Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Electric Trucks Market Size by Country
9.2.1 Asia-Pacific Electric Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
9.2.2 Asia-Pacific Electric Trucks Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Electric Trucks Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Electric Trucks Sales by Country
10.1.1 Latin America Electric Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.1.2 Latin America Electric Trucks Sales by Country (2019-2024)
10.1.3 Latin America Electric Trucks Sales Forecast by Country (2025-2030)
10.2 Latin America Electric Trucks Market Size by Country
10.2.1 Latin America Electric Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
10.2.2 Latin America Electric Trucks Market Size by Country (2019-2024)
10.2.3 Latin America Electric Trucks Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Electric Trucks Sales by Country
11.1.1 Middle East and Africa Electric Trucks Sales Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.1.2 Middle East and Africa Electric Trucks Sales by Country (2019-2024)
11.1.3 Middle East and Africa Electric Trucks Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Electric Trucks Market Size by Country
11.2.1 Middle East and Africa Electric Trucks Market Size Growth Rate (CAGR) by Country: 20
19 VS 2023 VS 2030
11.2.2 Middle East and Africa Electric Trucks Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Electric Trucks Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Electric Trucks Value Chain Analysis
12.1.1 Electric Trucks Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Electric Trucks Production Mode & Process
12.2 Electric Trucks Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Electric Trucks Distributors
12.2.3 Electric Trucks Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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