Global Electric Commercial Vehicle Market Research Report - Forecast to 2030

Global Electric Commercial Vehicle Market Research Report - Forecast to 2030


The Electric Commercial Vehicle market industry is projected to exhibit a substantial CAGR of 29.90% during the review period. Government drives will likewise support interest for Electric commercial vehicles. The lower cost of electricity and increasing expenses of non-renewable energy sources will build the interest for EVs. These are the key market drivers improving the Electric Commercial Vehicle market CAGR.

The US Energy Data Organization (EIA) predicts that day to day utilization in 2021 will be 97.45 million barrels. On the overall market, fuel costs have been ascending, besides in a couple of remarkable occurrences, like the Coronavirus flare-up. The cost increment is because of the great gas interest. It's anything but an inexhaustible wellspring of energy. Thus, it will most likely exhaust itself over the course of the following quite a few years. Varieties in organic market cause an expansion in the cost of fuel. Even though different arrangements have been made to control gas costs around the world, costs have ascended over the long run. Petroleum use influences the economy's exchange balance on the grounds that most countries are committed to import it. Because of the consumption of oil holds and the rising cost of gas, automakers are progressively considering elective fuel hotspots for their cars.

Market Segmentation
Based on propulsion, the Electric Commercial Vehicle market segmentation includes HEV, PHEV, BEV, and FCEV.

Based on vehicle type, the market is divided into includes buses, trucks and others. Based on components, the Electric Commercial Vehicle market is classified into includes an electric motor, EV batteries, and hydrogen fuel cells.

Regional Insights
The market for Electric commercial vehicles in Asia Pacific, with deals of $3.98 billion of every 2022, is expected to increment at a significant CAGR all through the exploration period. During the projection time frame, the Asia Pacific Electric Commercial Vehicle market is expected to have a higher income share than other regional markets.

Because of advancements, broad innovative work, and specialized headways in EVs nearby, the North American Electric Commercial Vehicle market is expected to have stable income development all through the projected period.

The Europe electric commercial vehicle market is assessed to have nonstop income development all through the projected period on account of the broad acknowledgment of commercial EVs in nations like Norway, Sweden, the Netherlands, Germany, France, and the Assembled Realm. Market development in this Region is anticipated to be upheld by rising buyer interest for elite execution, low-outflow vehicles, as well as positive government approaches and guidelines administering vehicle discharges all through the determined period.

Major Players
Major players in the global electric commercial vehicle market are Nissan (Japan), BYD (China), Daimler (Germany), Zhongtong Bus Holding Co Ltd (China), Proterra (US), LG Chem (South Korea), Ballard Power Systems (Canada), Panasonic (Japan), Delphi (US), Tesla (US), ABB (Switzerland), Siemens (Germany), Continental (Germany), Mitsubishi Electric (Japan), Toshiba (Japan), and others.

Companies Mentioned
Nissan (Japan)
BYD (China)
Daimler (Germany)
Zhongtong Bus Holding Co Ltd (China)
Proterra (US)
LG Chem (South Korea)
Ballard Power Systems (Canada)
Panasonic (Japan)
Delphi (US)
Tesla (US)
ABB (Switzerland)
Siemens (Germany)
Continental (Germany)
Mitsubishi Electric (Japan)
Toshiba (Japan)
and others.

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Electric Commercial Vehicle Market, By Technology
1.1.2 Global Electric Commercial Vehicle Market, By Vehicle Type
1.1.3 Global Electric Commercial Vehicle Market, By Region
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Top-down And Bottom-up Approach
3.6 Forecast Model
3.7 List Of Assumptions
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Government Initiatives To Encourage Adoption Of Electric Commercial Vehicles
4.2.2 Low Operating Cost
4.2.3 Drivers Impact Analysis
4.3 Restraints
4.3.1 Underdeveloped Charging Infrastructure And Poor Aftermarket Services
4.3.2 High Price And Limited Capacity Of Batteries
4.3.3 Restraints Impact Analysis
4.4 Opportunities
4.4.1 Increasing Logistic Activities
4.4.2 Growth In Demand Within Fleets
4.5 Covid-19 Impact Analysis
4.5.1 Economic Impact On Automotive Industry
4.5.2 Impact On Automotive Production
4.5.2.1 Ford
4.5.2.2 American Honda
4.5.2.3 Fca
4.5.2.4 Kia
4.5.2.5 Volkswagen
4.5.3 Impact On Electric Commercial Vehicle Market
4.5.3.1 Impact On Supply Chain
4.5.3.2 Cash Flow Constraints
4.5.4 Impact On World Trade
5 Market Factor Analysis
5.1 Porter’s Five Forces Model
5.1.1 Threat Of New Entrants
5.1.2 Bargaining Power Of Suppliers
5.1.3 Threat Of Substitutes
5.1.4 Bargaining Power Of Buyers
5.1.5 Intensity Of Rivalry
5.2 Supply Chain Analysis
5.2.1 Design & Development
5.2.2 Raw Material/Component Supply
5.2.3 Assembly
5.2.4 Distribution/Supply
5.2.5 End Use
6 Global Electric Commercial Vehicle Market, By Technology
6.1 Introduction
6.2 Bev
6.3 Phev
6.4 Fcev
7 Global Electric Commercial Vehicle Market, By Vehicle Type
7.1 Introduction
7.2 Electric Bus
7.3 Electric Truck
7.4 Electric Pickup Truck
7.5 Electric Van
8 Global Electric Commercial Vehicle Market, By Region
8.1 Overview
8.2 North America
8.2.1 Us
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 Uk
8.3.3 France
8.3.4 Italy
8.3.5 Rest Of Europe
8.4 Asia-pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest Of Asia-pacific
8.5 Rest Of The World (Row)
8.5.1 Middle East & Africa (Mea)
8.5.2 South America
9 Competitive Landscape
9.1 Competitive Overview
9.2 Major Growth Strategy In The Global Electric Commercial Vehicle Market
9.3 Competitive Benchmarking
9.4 Market Share Analysis
9.5 Key Developments In The Global Electric Commercial Vehicle Market
9.5.1 Key Developments: Contracts & Agreements
9.5.2 Key Developments: Partnerships & Collaborations
9.5.3 Key Developments: Expansions
9.5.4 Key Developments: Product Developments/Launches
10 Company Profiles
10.1 Ab Volvo
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Products Offered
10.1.4 Key Developments
10.1.5 Swot Analysis
10.1.6 Key Strategy
10.2 Tesla
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Products Offered
10.2.4 Key Developments
10.2.5 Swot Analysis
10.2.6 Key Strategies
10.3 Daimler Ag
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Products Offered
10.3.4 Key Developments
10.3.5 Swot Analysis
10.3.6 Key Strategies
10.4 Paccar Inc.
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Products Offered
10.4.4 Key Developments
10.4.5 Swot Analysis
10.4.6 Key Strategy
10.5 Byd Company Limited
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Products Offered
10.5.4 Key Developments
10.5.5 Swot Analysis
10.5.6 Key Strategies
10.6 Proterra
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Products Offered
10.6.4 Key Developments
10.6.5 Swot Analysis
10.6.6 Key Strategies
10.7 Scania
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Products Offered
10.7.4 Key Developments
10.8 Vdl
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Products Offered
10.8.4 Key Developments
10.9 Caf
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Products Offered
10.9.4 Key Developments
10.10 King Long
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Products Offered
10.10.4 Key Developments
10.11 Renault Trucks
10.11.1 Company Overview
10.11.2 Financial Overview
10.11.3 Products Offered
10.11.4 Key Developments
10.12 Yutong
10.12.1 Company Overview
10.12.2 Financial Overview
10.12.3 Products Offered
10.12.4 Key Developments
10.13 Nfi Group Inc.
10.13.1 Company Overview
10.13.2 Financial Overview
10.13.3 Products Offered
10.13.4 Key Developments
10.14 Ebusco
10.14.1 Company Overview
10.14.2 Financial Overview
10.14.3 Products Offered
10.14.4 Key Developments
10.15 Ankai
10.15.1 Company Overview
10.15.2 Financial Overview
10.15.3 Products Offered
10.15.4 Key Developments
11 Appendix
11.1 References
List Of Tables
Table 1 List Of Assumptions
Table 2 Global Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 3 Global Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 4 Global Electric Commercial Vehicle Market Volume, By Region, 2023–2030 (Units)
Table 5 North America Electric Commercial Vehicle Market Volume, By Country, 2023–2030 (Units)
Table 6 North America Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 7 North America Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 8 Us Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 9 Us Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 10 Canada Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 11 Canada Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 12 Mexico Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 13 Mexico Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 14 Europe Electric Commercial Vehicle Market Volume, By Country, 2023–2030 (Units)
Table 15 Europe Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 16 Europe Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 17 Germany Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 18 Germany Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 19 Uk Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 20 Uk Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 21 France Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 22 France Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 23 Italy Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 24 Italy Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 25 Rest Of Europe Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 26 Rest Of Europe Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 27 Asia-pacific Electric Commercial Vehicle Market Volume, By Country, 2023–2030 (Units)
Table 28 Asia-pacific Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 29 Asia-pacific Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 30 China Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 31 China Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 32 Japan Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 33 Japan Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 34 India Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 35 India Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 36 Rest Of Asia-pacific Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 37 Rest Of Asia-pacific Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 38 Rest Of The World Electric Commercial Vehicle Market Volume, By Region, 2023–2030 (Units)
Table 39 Rest Of The World Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 40 Rest Of The World Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 41 Middle East & Africa Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 42 Middle East & Africa Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 43 South America Electric Commercial Vehicle Market Volume, By Technology, 2023–2030 (Units)
Table 44 South America Electric Commercial Vehicle Market Volume, By Vehicle Type, 2023–2030 (Units)
Table 45 Key Developments: Contracts & Agreements
Table 46 Key Developments: Partnerships & Collaborations
Table 47 Key Developments: Expansions
Table 48 Key Developments: Product Developments/Launches
Table 49 Ab Volvo: Products Offered
Table 50 Ab Volvo: Key Developments
Table 51 Tesla: Products Offered
Table 52 Tesla: Key Developments
Table 53 Daimler Ag: Products Offered
Table 54 Daimler Ag: Key Developments
Table 55 Paccar Inc.: Products Offered
Table 56 Paccar Inc.: Key Developments
Table 57 Byd Company Limited: Products Offered
Table 58 Byd Company Limited: Key Developments
Table 59 Proterra: Products Offered
Table 60 Proterra: Key Developments
Table 61 Scania: Products Offered
Table 62 Scania: Key Developments
Table 63 Vdl: Products Offered
Table 64 Vdl: Key Developments
Table 65 Caf: Products Offered
Table 66 Caf: Key Developments
Table 67 King Long: Products Offered
Table 68 King Long: Key Developments
Table 69 Renault Trucks: Products Offered
Table 70 Renault Trucks: Key Developments
Table 71 Yutong: Products Offered
Table 72 Yutong: Key Developments
Table 73 Nfi Group Inc.: Products Offered
Table 74 Nfi Group Inc.: Key Developments
Table 75 Ebusco: Products Offered
Table 76 Ebusco: Key Developments
Table 77 Ankai: Products Offered
Table 78 Ankai: Key Developments
List Of Figures
Figure 1 Market Synopsis
Figure 2 Global Electric Commercial Vehicle Market Analysis, By Technology
Figure 3 Global Electric Commercial Vehicle Market Analysis, By Vehicle Type
Figure 4 Global Electric Commercial Vehicle Market Analysis, By Region
Figure 5 Global Electric Commercial Vehicle Market: Market Structure
Figure 6 Research Process Of Mrfr
Figure 7 Market Dynamics: Global Electric Commercial Vehicle Market
Figure 8 Drivers Impact Analysis: Global Electric Commercial Vehicle Market
Figure 9 Restraints Impact Analysis: Global Electric Commercial Vehicle Market
Figure 10 Porter’s Five Forces Analysis: Global Electric Commercial Vehicle Market
Figure 11 Supply Chain Analysis: Global Electric Commercial Vehicle Market
Figure 12 Global Electric Commercial Vehicle Market, By Technology, 2022(% Share)
Figure 13 Global Electric Commercial Vehicle Market, By Vehicle Type, 2022(% Share)
Figure 14 Global Electric Commercial Vehicle Market, By Region, 2022(% Share)
Figure 15 Contracts & Agreements: The Major Strategy Adopted By Key Players In Global Electric Commercial Vehicle Market
Figure 16 Benchmarking Of Major Competitors
Figure 17 Global Electric Commercial Vehicle Market Share Analysis, 2022
Figure 18 Ab Volvo: Financial Overview Snapshot
Figure 19 Ab Volvo: Swot Analysis
Figure 20 Tesla: Financial Overview Snapshot
Figure 21 Tesla: Swot Analysis
Figure 22 Daimler Ag: Financial Overview Snapshot
Figure 23 Daimler Ag: Swot Analysis
Figure 24 Paccar Inc.: Financial Overview Snapshot
Figure 25 Paccar Inc.: Swot Analysis
Figure 26 Byd Company Limited: Financial Overview Snapshot
Figure 27 Byd Company Limited: Swot Analysis
Figure 28 Proterra: Swot Analysis
Figure 29 Scania: Financial Overview Snapshot
Figure 30 Vdl: Financial Overview Snapshot
Figure 31 Caf: Financial Overview Snapshot
Figure 32 Yutong: Financial Overview Snapshot
Figure 33 Nfi Group Inc.: Financial Overview Snapshot
Figure 34 Ankai: Financial Overview Snapshot

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings