Global Heavy-duty Electric Truck Market Growth 2023-2029
An electric truck is an electric vehicle powered by batteries designed to transport cargo, carry specialized payloads, or perform other utilitarian work.Heavy-duty electric truck refers to an electric truck with a total mass of more than 25t.
LPI (LP Information)' newest research report, the “Heavy-duty Electric Truck Industry Forecast” looks at past sales and reviews total world Heavy-duty Electric Truck sales in 2022, providing a comprehensive analysis by region and market sector of projected Heavy-duty Electric Truck sales for 2023 through 2029. With Heavy-duty Electric Truck sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Heavy-duty Electric Truck industry.
This Insight Report provides a comprehensive analysis of the global Heavy-duty Electric Truck 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 Heavy-duty Electric Truck portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Heavy-duty Electric Truck market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Heavy-duty Electric Truck 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 Heavy-duty Electric Truck.
The global Heavy-duty Electric Truck market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Heavy-duty Electric Truck is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Heavy-duty Electric Truck players cover Volvo Trucks, SANY Group, Faw Jiefang Automotive, CHINA NATIONAL HEAVY DUTY TRUCK GROUP, Dongfeng Motor, Sky-well, BYD, CAMC and Mercedes-Benz, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Heavy-duty Electric Truck market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Dump Truck
Tractor
Others
Segmentation by application
Utility
Freight Transport
Construction
Mining
Oil & Gas
Otherss
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.
Volvo Trucks
SANY Group
Faw Jiefang Automotive
CHINA NATIONAL HEAVY DUTY TRUCK GROUP
Dongfeng Motor
Sky-well
BYD
CAMC
Mercedes-Benz
Daimler
DAF
Renault Trucks
Tesla
Key Questions Addressed in this Report
What is the 10-year outlook for the global Heavy-duty Electric Truck market?
What factors are driving Heavy-duty Electric Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Heavy-duty Electric Truck market opportunities vary by end market size?
How does Heavy-duty Electric Truck 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook