Global Electric Trucks Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	November, 2022	INF17550602

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	November, 2022
SKU	INF17550602

Global Electric Trucks Market 2023-2027

Technavio has been monitoring the electric trucks market and it is poised to grow by 562.44 th units during 2023-2027, accelerating at a CAGR of 28.82% during the forecast period. Our report on the electric trucks 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for fuel-efficient and low-emission vehicles, stringent rules and regulations, and electric trucks creating long-term value for customers.

Technavio's electric trucks market is segmented as below:

By Propulsion

Hybrid electric trucks
Battery electric trucks

By Vehicle Type

Light trucks
Heavy-duty trucks

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the prominent truck manufacturers venturing into the electric trucks market as one of the prime reasons driving the electric trucks market growth during the next few years. Also, the adoption of autonomous technologies in electric trucks and the development of power recovery options in electric trucks will lead to sizable demand in the market.

Technavio 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. Our report on electric trucks market covers the following areas:

Electric trucks market sizing
Electric trucks market forecast
Electric trucks market industry analysis

Technavio's 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 trucks market vendors that include AB Volvo, BOLLINGER MOTORS LLC, BYD Electronic Co. Ltd., Daimler AG, E Force One AG, General Motors Co, Hino Motors Ltd., Isuzu Motors Ltd., Lordstown Motors Corp., Navistar International Corp., PACCAR Inc., Proterra Inc., Rivian Automotive LLC, Scania AB, Sinotruk Hong Kong Ltd., Tesla Inc., VDL Groep BV, Renault SAS, Nissan Motor Co. Ltd., and Ford Motor Co. Also, the electric trucks 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.

Technavio 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. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Propulsion
  - Table Executive Summary – Chart on Market Segmentation by Vehicle Type
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Global - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Global Market- Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market- Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global Electric Trucks Market 2017 - 2021
  - Table Historic Market Size – Data Table on Global Electric Trucks Market 2017 - 2021 (thousand units)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 (thousand units)
- Propulsion Segment Analysis 2017 - 2021
  - Table Historic Market Size – Propulsion Segment 2017 - 2021 (thousand units)
- Vehicle Type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Vehicle Type Segment 2017 - 2021 (thousand units)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 (thousand units)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Propulsion
- Market segments
  - Table Chart on Propulsion - Market share 2022-2027 (%)
  - Table Data Table on Propulsion - Market share 2022-2027 (%)
- Comparison by Propulsion
  - Table Chart on Comparison by Propulsion
  - Table Data Table on Comparison by Propulsion
- Hybrid electric trucks - Market size and forecast 2022- 2027
  - Table Chart on Hybrid electric trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Hybrid electric trucks - Market size and forecast 2022-2027 (thousand
  - Table Chart on Hybrid electric trucks - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hybrid electric trucks - Year-over-year growth 2022-2027 (%)
- Battery electric trucks - Market size and forecast 2022- 2027
  - Table Chart on Battery electric trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Battery electric trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Battery electric trucks - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Battery electric trucks - Year-over-year growth 2022-2027 (%)
- Market opportunity by Propulsion
  - Table Market opportunity by Propulsion (thousand units)
Market Segmentation by Vehicle Type
- Market segments
  - Table Chart on Vehicle Type - Market share 2022-2027 (%)
  - Table Data Table on Vehicle Type - Market share 2022-2027 (%)
- Comparison by Vehicle Type
  - Table Chart on Comparison by Vehicle Type
  - Table Data Table on Comparison by Vehicle Type
- Light trucks - Market size and forecast 2022-2027
  - Table Chart on Light trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Light trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Light trucks - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Light trucks - Year-over-year growth 2022-2027 (%)
- Medium trucks - Market size and forecast 2022-2027
  - Table Chart on Medium trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Medium trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Medium trucks - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Medium trucks - Year-over-year growth 2022-2027 (%)
- Heavy-duty trucks - Market size and forecast 2022-2027
  - Table Chart on Heavy-duty trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Heavy-duty trucks - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Heavy-duty trucks - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Heavy-duty trucks - Year-over-year growth 2022-2027 (%)
- Market opportunity by Vehicle Type
  - Table Market opportunity by Vehicle Type (thousand units)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on North America - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on South America - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on China - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on US - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Norway - Market size and forecast 2022-2027
  - Table Chart on Norway - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Norway - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Norway - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Norway - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
  - Table Chart on UK - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on UK - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on UK - Year-over-year growth 2022-2027 (%)
  - Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Japan - Market size and forecast 2022-2027
  - Table Chart on Japan - Market size and forecast 2022-2027 (thousand units)
  - Table Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
  - Table Chart on Japan - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Japan - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography (thousand units)
Drivers, Challenges, and Trends
- Market drivers
  - Growing demand for fuel-efficient and low-emission vehicles
  - Stringent rules and regulations
  - Electric trucks create long-term value for customers
- Market challenges
  - High upfront cost of electric trucks
  - Lack of adequate support infrastructure for EVs
  - Demand to increase mile range of electric trucks
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Prominent truck manufacturers venturing into the electric trucks market
  - Adoption of autonomous technologies in electric trucks
  - Development of power recovery options in electric trucks
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- AB Volvo
  - Table AB Volvo - Overview
  - Table AB Volvo - Business segments
  - Table AB Volvo - Key offerings
  - Table AB Volvo - Segment focus
- BOLLINGER MOTORS LLC
  - Table BOLLINGER MOTORS LLC - Overview
  - Table BOLLINGER MOTORS LLC - Product / Service
  - Table BOLLINGER MOTORS LLC - Key offerings
- BYD Electronic Co. Ltd.
  - Table BYD Electronic Co. Ltd. - Overview
  - Table BYD Electronic Co. Ltd. - Business segments
  - Table BYD Electronic Co. Ltd. - Key news
  - Table BYD Electronic Co. Ltd. - Key offerings
  - Table BYD Electronic Co. Ltd. - Segment focus
- Daimler AG
  - Table Daimler AG - Overview
  - Table Daimler AG - Business segments
  - Table Daimler AG - Key news
  - Table Daimler AG - Key offerings
  - Table Daimler AG - Segment focus
- General Motors Co
  - Table General Motors Co - Overview
  - Table General Motors Co - Business segments
  - Table General Motors Co - Key news
  - Table General Motors Co - Key offerings
  - Table General Motors Co - Segment focus
- Hino Motors Ltd.
  - Table Hino Motors Ltd. - Overview
  - Table Hino Motors Ltd. - Business segments
  - Table Hino Motors Ltd. - Key offerings
  - Table Hino Motors Ltd. - Segment focus
- Isuzu Motors Ltd.
  - Table Isuzu Motors Ltd. - Overview
  - Table Isuzu Motors Ltd. - Product / Service
  - Table Isuzu Motors Ltd. - Key offerings
- Navistar International Corp.
  - Table Navistar International Corp. - Overview
  - Table Navistar International Corp. - Business segments
  - Table Navistar International Corp. - Key offerings
  - Table Navistar International Corp. - Segment focus
- Nissan Motor Co. Ltd.
  - Table Nissan Motor Co. Ltd. - Overview
  - Table Nissan Motor Co. Ltd. - Business segments
  - Table Nissan Motor Co. Ltd. - Key news
  - Table Nissan Motor Co. Ltd. - Key offerings
  - Table Nissan Motor Co. Ltd. - Segment focus
- Proterra Inc.
  - Table Proterra Inc. - Overview
  - Table Proterra Inc. - Product / Service
  - Table Proterra Inc. - Key news
  - Table Proterra Inc. - Key offerings
- Renault SAS
  - Table Renault SAS - Overview
  - Table Renault SAS - Product / Service
  - Table Renault SAS - Key news
  - Table Renault SAS - Key offerings
- Rivian Automotive LLC
  - Table Rivian Automotive LLC - Overview
  - Table Rivian Automotive LLC - Product / Service
  - Table Rivian Automotive LLC - Key offerings
- Scania AB
  - Table Scania AB - Overview
  - Table Scania AB - Business segments
  - Table Scania AB - Key offerings
  - Table Scania AB - Segment focus
- Sinotruk Hong Kong Ltd.
  - Table Sinotruk Hong Kong Ltd. - Overview
  - Table Sinotruk Hong Kong Ltd. - Business segments
  - Table Sinotruk Hong Kong Ltd. - Key offerings
  - Table Sinotruk Hong Kong Ltd. - Segment focus
- Tesla Inc.
  - Table Tesla Inc. - Overview
  - Table Tesla Inc. - Business segments
  - Table Tesla Inc. - Key news
  - Table Tesla Inc. - Key offerings
  - Table Tesla Inc. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations