Global Electric Drive Truck Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electric Drive Truck Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Electric Drive Truck market size was valued at USD 811.8 million in 2023 and is forecast to a readjusted size of USD 2829 million by 2030 with a CAGR of 19.5% during review period.

This report studies the electric drive 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.

The electric drive trucks market has been experiencing continual growth for the past several years. This expansion can be attributed to the increasing demand of Logistics and Municipal.

The Global Info Research report includes an overview of the development of the Electric Drive Truck industry chain, the market status of Logistics (Light & Medium-duty Truck, Heavy-duty Truck), Municipal (Light & Medium-duty Truck, Heavy-duty Truck), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Drive Truck.

Regionally, the report analyzes the Electric Drive Truck markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Drive Truck market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Electric Drive Truck market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Drive Truck industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Light & Medium-duty Truck, Heavy-duty Truck).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Drive Truck market.

Regional Analysis: The report involves examining the Electric Drive Truck market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Drive Truck market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Electric Drive Truck:

Company Analysis: Report covers individual Electric Drive Truck manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Drive Truck This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Logistics, Municipal).

Technology Analysis: Report covers specific technologies relevant to Electric Drive Truck. It assesses the current state, advancements, and potential future developments in Electric Drive Truck areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Drive Truck market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Electric Drive Truck market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Light & Medium-duty Truck
Heavy-duty Truck

Market segment by Application
Logistics
Municipal

Major players covered
Volvo
DAF Trucks
BYD
Scania Group
MAN
XCMG
Dongfeng Motor
Mercedes-Benz Trucks
Chongqing Ruichi Automobile
Shineray Group
Sky-well New Energy Automobile
Changan Automobile
Mitsubishi Fuso
Zhengzhou Yutong

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electric Drive Truck product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Drive Truck, with price, sales, revenue and global market share of Electric Drive Truck from 2019 to 2024.

Chapter 3, the Electric Drive Truck competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Drive Truck breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Drive Truck market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Drive Truck.

Chapter 14 and 15, to describe Electric Drive Truck sales channel, distributors, customers, research findings and conclusion.