Global Electric Trucks Market Growth 2023-2029

Global Electric Trucks Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Electric Trucks Industry Forecast” looks at past sales and reviews total world Electric Trucks sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Trucks sales for 2023 through 2029. With Electric Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Trucks industry.
This Insight Report provides a comprehensive analysis of the global Electric Trucks 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 Electric Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Trucks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Trucks 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 Electric Trucks.
The global Electric Trucks market size is projected to grow from US$ 623.7 million in 2022 to US$ 2974.3 million in 2029; it is expected to grow at a CAGR of 2974.3 from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Trucks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Light & Medium-duty Truck
Heavy-duty Truck
Segmentation by application
Logistics
Municipal
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 analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Trucks market?
What factors are driving Electric Trucks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Trucks market opportunities vary by end market size?
How does Electric Trucks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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