Global Electric Commercial Vehicle Market Research Report 2023(Status and Outlook)

Global Electric Commercial Vehicle Market Research Report 2023(Status and Outlook)



Report Overview

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.

The Global Electric Commercial Vehicle Market Size was estimated at USD 101270.00 million in 2022 and is projected to reach USD 176962.00 million by 2029, exhibiting a CAGR of 8.30% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Electric Commercial Vehicle market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Commercial Vehicle Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Commercial Vehicle market in any manner.

Global Electric Commercial Vehicle Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

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 Segmentation (by Type)

Bus

Truck

Pick-Up Truck

Van

Market Segmentation (by Application)

Automotive

Construction

Home Appliance

Machinery

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Electric Commercial Vehicle Market

Overview of the regional outlook of the Electric Commercial Vehicle Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Electric Commercial Vehicle
1.2 Key Market Segments
1.2.1 Electric Commercial Vehicle Segment by Type
1.2.2 Electric Commercial Vehicle Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
1.4 Key Data of Global Auto Market
1.4.1 Global Automobile Production by Country
1.4.2 Global Automobile Production by Type
2 Electric Commercial Vehicle Market Overview
2.1 Global Market Overview
2.1.1 Global Electric Commercial Vehicle Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Electric Commercial Vehicle Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Electric Commercial Vehicle Market Competitive Landscape
3.1 Global Electric Commercial Vehicle Sales by Manufacturers (2018-2023)
3.2 Global Electric Commercial Vehicle Revenue Market Share by Manufacturers (2018-2023)
3.3 Electric Commercial Vehicle Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Electric Commercial Vehicle Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Electric Commercial Vehicle Sales Sites, Area Served, Product Type
3.6 Electric Commercial Vehicle Market Competitive Situation and Trends
3.6.1 Electric Commercial Vehicle Market Concentration Rate
3.6.2 Global 5 and 10 Largest Electric Commercial Vehicle Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Electric Commercial Vehicle Industry Chain Analysis
4.1 Electric Commercial Vehicle Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Electric Commercial Vehicle Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Electric Commercial Vehicle Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Electric Commercial Vehicle Sales Market Share by Type (2018-2023)
6.3 Global Electric Commercial Vehicle Market Size Market Share by Type (2018-2023)
6.4 Global Electric Commercial Vehicle Price by Type (2018-2023)
7 Electric Commercial Vehicle Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Electric Commercial Vehicle Market Sales by Application (2018-2023)
7.3 Global Electric Commercial Vehicle Market Size (M USD) by Application (2018-2023)
7.4 Global Electric Commercial Vehicle Sales Growth Rate by Application (2018-2023)
8 Electric Commercial Vehicle Market Segmentation by Region
8.1 Global Electric Commercial Vehicle Sales by Region
8.1.1 Global Electric Commercial Vehicle Sales by Region
8.1.2 Global Electric Commercial Vehicle Sales Market Share by Region
8.2 North America
8.2.1 North America Electric Commercial Vehicle Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Electric Commercial Vehicle Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Electric Commercial Vehicle Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Electric Commercial Vehicle Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Electric Commercial Vehicle Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 TeslA
9.1.1 TeslA Electric Commercial Vehicle Basic Information
9.1.2 TeslA Electric Commercial Vehicle Product Overview
9.1.3 TeslA Electric Commercial Vehicle Product Market Performance
9.1.4 TeslA Business Overview
9.1.5 TeslA Electric Commercial Vehicle SWOT Analysis
9.1.6 TeslA Recent Developments
9.2 Nissan
9.2.1 Nissan Electric Commercial Vehicle Basic Information
9.2.2 Nissan Electric Commercial Vehicle Product Overview
9.2.3 Nissan Electric Commercial Vehicle Product Market Performance
9.2.4 Nissan Business Overview
9.2.5 Nissan Electric Commercial Vehicle SWOT Analysis
9.2.6 Nissan Recent Developments
9.3 BYD
9.3.1 BYD Electric Commercial Vehicle Basic Information
9.3.2 BYD Electric Commercial Vehicle Product Overview
9.3.3 BYD Electric Commercial Vehicle Product Market Performance
9.3.4 BYD Business Overview
9.3.5 BYD Electric Commercial Vehicle SWOT Analysis
9.3.6 BYD Recent Developments
9.4 Daimler
9.4.1 Daimler Electric Commercial Vehicle Basic Information
9.4.2 Daimler Electric Commercial Vehicle Product Overview
9.4.3 Daimler Electric Commercial Vehicle Product Market Performance
9.4.4 Daimler Business Overview
9.4.5 Daimler Electric Commercial Vehicle SWOT Analysis
9.4.6 Daimler Recent Developments
9.5 ProterrA
9.5.1 ProterrA Electric Commercial Vehicle Basic Information
9.5.2 ProterrA Electric Commercial Vehicle Product Overview
9.5.3 ProterrA Electric Commercial Vehicle Product Market Performance
9.5.4 ProterrA Business Overview
9.5.5 ProterrA Electric Commercial Vehicle SWOT Analysis
9.5.6 ProterrA Recent Developments
9.6 LG Chem
9.6.1 LG Chem Electric Commercial Vehicle Basic Information
9.6.2 LG Chem Electric Commercial Vehicle Product Overview
9.6.3 LG Chem Electric Commercial Vehicle Product Market Performance
9.6.4 LG Chem Business Overview
9.6.5 LG Chem Recent Developments
9.7 Samsung SDi
9.7.1 Samsung SDi Electric Commercial Vehicle Basic Information
9.7.2 Samsung SDi Electric Commercial Vehicle Product Overview
9.7.3 Samsung SDi Electric Commercial Vehicle Product Market Performance
9.7.4 Samsung SDi Business Overview
9.7.5 Samsung SDi Recent Developments
9.8 Panasonic
9.8.1 Panasonic Electric Commercial Vehicle Basic Information
9.8.2 Panasonic Electric Commercial Vehicle Product Overview
9.8.3 Panasonic Electric Commercial Vehicle Product Market Performance
9.8.4 Panasonic Business Overview
9.8.5 Panasonic Recent Developments
9.9 Delphi
9.9.1 Delphi Electric Commercial Vehicle Basic Information
9.9.2 Delphi Electric Commercial Vehicle Product Overview
9.9.3 Delphi Electric Commercial Vehicle Product Market Performance
9.9.4 Delphi Business Overview
9.9.5 Delphi Recent Developments
9.10 ABB
9.10.1 ABB Electric Commercial Vehicle Basic Information
9.10.2 ABB Electric Commercial Vehicle Product Overview
9.10.3 ABB Electric Commercial Vehicle Product Market Performance
9.10.4 ABB Business Overview
9.10.5 ABB Recent Developments
9.11 Continental
9.11.1 Continental Electric Commercial Vehicle Basic Information
9.11.2 Continental Electric Commercial Vehicle Product Overview
9.11.3 Continental Electric Commercial Vehicle Product Market Performance
9.11.4 Continental Business Overview
9.11.5 Continental Recent Developments
9.12 Siemens
9.12.1 Siemens Electric Commercial Vehicle Basic Information
9.12.2 Siemens Electric Commercial Vehicle Product Overview
9.12.3 Siemens Electric Commercial Vehicle Product Market Performance
9.12.4 Siemens Business Overview
9.12.5 Siemens Recent Developments
9.13 Mitsubishi Electric
9.13.1 Mitsubishi Electric Electric Commercial Vehicle Basic Information
9.13.2 Mitsubishi Electric Electric Commercial Vehicle Product Overview
9.13.3 Mitsubishi Electric Electric Commercial Vehicle Product Market Performance
9.13.4 Mitsubishi Electric Business Overview
9.13.5 Mitsubishi Electric Recent Developments
9.14 ToshibA
9.14.1 ToshibA Electric Commercial Vehicle Basic Information
9.14.2 ToshibA Electric Commercial Vehicle Product Overview
9.14.3 ToshibA Electric Commercial Vehicle Product Market Performance
9.14.4 ToshibA Business Overview
9.14.5 ToshibA Recent Developments
9.15 Ballard Power Systems
9.15.1 Ballard Power Systems Electric Commercial Vehicle Basic Information
9.15.2 Ballard Power Systems Electric Commercial Vehicle Product Overview
9.15.3 Ballard Power Systems Electric Commercial Vehicle Product Market Performance
9.15.4 Ballard Power Systems Business Overview
9.15.5 Ballard Power Systems Recent Developments
9.16 Hydrogenics
9.16.1 Hydrogenics Electric Commercial Vehicle Basic Information
9.16.2 Hydrogenics Electric Commercial Vehicle Product Overview
9.16.3 Hydrogenics Electric Commercial Vehicle Product Market Performance
9.16.4 Hydrogenics Business Overview
9.16.5 Hydrogenics Recent Developments
9.17 ITM Power
9.17.1 ITM Power Electric Commercial Vehicle Basic Information
9.17.2 ITM Power Electric Commercial Vehicle Product Overview
9.17.3 ITM Power Electric Commercial Vehicle Product Market Performance
9.17.4 ITM Power Business Overview
9.17.5 ITM Power Recent Developments
9.18 Ceres Power
9.18.1 Ceres Power Electric Commercial Vehicle Basic Information
9.18.2 Ceres Power Electric Commercial Vehicle Product Overview
9.18.3 Ceres Power Electric Commercial Vehicle Product Market Performance
9.18.4 Ceres Power Business Overview
9.18.5 Ceres Power Recent Developments
9.19 Plug Power
9.19.1 Plug Power Electric Commercial Vehicle Basic Information
9.19.2 Plug Power Electric Commercial Vehicle Product Overview
9.19.3 Plug Power Electric Commercial Vehicle Product Market Performance
9.19.4 Plug Power Business Overview
9.19.5 Plug Power Recent Developments
9.20 Nedstack
9.20.1 Nedstack Electric Commercial Vehicle Basic Information
9.20.2 Nedstack Electric Commercial Vehicle Product Overview
9.20.3 Nedstack Electric Commercial Vehicle Product Market Performance
9.20.4 Nedstack Business Overview
9.20.5 Nedstack Recent Developments
9.21 NuverA
9.21.1 NuverA Electric Commercial Vehicle Basic Information
9.21.2 NuverA Electric Commercial Vehicle Product Overview
9.21.3 NuverA Electric Commercial Vehicle Product Market Performance
9.21.4 NuverA Business Overview
9.21.5 NuverA Recent Developments
9.22 AFCc
9.22.1 AFCc Electric Commercial Vehicle Basic Information
9.22.2 AFCc Electric Commercial Vehicle Product Overview
9.22.3 AFCc Electric Commercial Vehicle Product Market Performance
9.22.4 AFCc Business Overview
9.22.5 AFCc Recent Developments
9.23 ToyotA
9.23.1 ToyotA Electric Commercial Vehicle Basic Information
9.23.2 ToyotA Electric Commercial Vehicle Product Overview
9.23.3 ToyotA Electric Commercial Vehicle Product Market Performance
9.23.4 ToyotA Business Overview
9.23.5 ToyotA Recent Developments
9.24 HondA
9.24.1 HondA Electric Commercial Vehicle Basic Information
9.24.2 HondA Electric Commercial Vehicle Product Overview
9.24.3 HondA Electric Commercial Vehicle Product Market Performance
9.24.4 HondA Business Overview
9.24.5 HondA Recent Developments
9.25 Hyundai
9.25.1 Hyundai Electric Commercial Vehicle Basic Information
9.25.2 Hyundai Electric Commercial Vehicle Product Overview
9.25.3 Hyundai Electric Commercial Vehicle Product Market Performance
9.25.4 Hyundai Business Overview
9.25.5 Hyundai Recent Developments
10 Electric Commercial Vehicle Market Forecast by Region
10.1 Global Electric Commercial Vehicle Market Size Forecast
10.2 Global Electric Commercial Vehicle Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Electric Commercial Vehicle Market Size Forecast by Country
10.2.3 Asia Pacific Electric Commercial Vehicle Market Size Forecast by Region
10.2.4 South America Electric Commercial Vehicle Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Electric Commercial Vehicle by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Electric Commercial Vehicle Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Electric Commercial Vehicle by Type (2024-2029)
11.1.2 Global Electric Commercial Vehicle Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Electric Commercial Vehicle by Type (2024-2029)
11.2 Global Electric Commercial Vehicle Market Forecast by Application (2024-2029)
11.2.1 Global Electric Commercial Vehicle Sales (K Units) Forecast by Application
11.2.2 Global Electric Commercial Vehicle Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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