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Global Electric Truck Market Size & Share to 2027

Publisher QualiKet Research
Published Apr 29, 2022
Length 193 Pages
SKU # QUA17148375

Description

Global Electric Truck Market Size & Share to 2027

Global Electric Truck Market Size, Trends & Growth Opportunity, By Truck Type (Light-Duty Truck, Medium-Duty Truck, and Heavy-Duty Truck) By Electric Propulsion Type (Plug-in Hybrid, Fuel Cell Electric, and Battery Electric), By Application (Logistics, Municipal, Construction, Mining, and Others), By Region and Forecast till 2027

Global Electric Truck Market

Electric truck is an electric mobility which is powered by an electric motor, or a truck which receives power or energy primarily from the power grid. They are low or zero emission trucks, which contributes significantly towards a greener environment. Electric trucks are alternative to conventional fossil fuel trucks. However, they are heavier than traditional trucks owing to the weight of batteries.

Market Drivers

Increase in transportation emission caused by fossil fuel powered vehicles coupled with a surge in pollution levels especially in urban areas. It is key driving factor which expected to boost the global electric truck market growth. Furthermore, increase in demand for electric trucks in logistic industry which is expected to positively contribute the market growth. Logistics industry is one of the important contributors to any country’s GDP, as increase in internet penetration and demand for e-commerce may require logistics providers deliver to remote locations in the emerging economies. As the increase in demand for green transportation across the globe and many government are backing are backing this initiatives, freight transportation, which contributes highly carbon dioxide emissions, has been observing a reduction. Many logistics companies are actively participating in replacing their fleet with greener vehicles. For instance, in February 2020, CEVA logistics in UK had started trails using electric lorries/trucks for supplying products in Central London.

Market Restraints

However, lack of charging infrastructure is the major challenging factor which is expected to hinder the global electric truck market growth. For adequate charging infrastructure proper planning and installation is needed and which would require huge investments. It is expected to obstruct the electric truck market growth during this forecast period.

Market Segmentation

Global Electric Truck Market is segmented into truck type such as Light-Duty Truck, Medium-Duty Truck, and Heavy-Duty Truck, by electric propulsion type such as Plug-in Hybrid, Fuel Cell Electric, and Battery Electric. Further, market is segmented into application such as Logistics, Municipal, Construction, Mining, and Others.

Also, Global Electric Truck Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Bosch, Denso, CEVA Logistics, Johnson Control, Hitachi Automotive Systems, Magna, Infineon, Eaton, and Siemens.

Market Taxonomy

By Truck Type
  • Light-Duty Truck
  • Medium-Duty Truck
  • Heavy-Duty Truck
By Electric Propulsion Type
  • Plug-in Hybrid
  • Fuel Cell Electric
  • Battery Electric
By Application
  • Logistics
  • Municipal
  • Construction
  • Mining
  • Others
By Region
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa
Key Questions Addressed by the Report
  • What are the Key Opportunities in Global Electric Truck Market?
  • What will be the growth rate from 2019 to 2027?
  • Which segment/region will have highest growth?
  • What are the factors that will impact/drive the Market?
  • What is the competitive Landscape in the Industry?
  • What is the role of key players in the value chain?
  • What are the strategies adopted by key players?
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Table of Contents

193 Pages
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Electric Truck Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Electric Truck Market, By Truck Type
5.1 Y-o-Y Growth Comparison, By Truck Type
5.2 Global Electric Truck Market Share Analysis, By Truck Type
5.3 Global Electric Truck Market Size and Forecast, By Truck Type
5.3.1 Light-Duty Truck
5.3.2 Medium-Duty Truck
5.3.3 Heavy-Duty Truck
6 Global Electric Truck Market, By Electric Propulsion Type
6.1 Y-o-Y Growth Comparison, By Electric Propulsion Type
6.2 Global Electric Truck Market Share Analysis, By Electric Propulsion Type
6.3 Global Electric Truck Market Size and Forecast, By Electric Propulsion Type
6.3.1 Plug-in Hybrid
6.3.2 Fuel Cell Electric
6.3.3 Battery Electric
7 Global Electric Truck Market, By Application
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Electric Truck Market Share Analysis, By Application
7.3 Global Electric Truck Market Size and Forecast, By Application
7.3.1 Logistics
7.3.2. Municipal
7.3.3. Construction
7.3.4. Mining
7.3.5. Others
8 Global Electric Truck Market, By Region
8.1 Global Electric Truck Market Share Analysis, By Region
8.2 Global Electric Truck Market Share Analysis, By Region
8.3 Global Electric Truck Market Size and Forecast, By Region
9 North America Electric Truck Market Analysis and Forecast (2020-2027)
9.1 Introduction
9.2 North America Electric Truck Market Share Analysis, By Truck Type
9.3 North America Electric Truck Market Size and Forecast, By Electric Propulsion Type
9.4 North America Electric Truck Market Size and Forecast, By Application
9.5 North America Electric Truck Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 EuropeElectric Truck Market Analysis and Forecast (2020-2027)
10.1 Introduction
10.2 Europe Electric Truck Market Share Analysis, By Truck Type
10.3 Europe Electric Truck Market Size and Forecast, By Electric Propulsion Type
10.4 Europe Electric Truck Market Size and Forecast, By Application
10.5 Europe Electric Truck Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4 Rest of Europe
11 Asia Pacific Electric Truck Market Analysis and Forecast (2020-2027)
11.1 Introduction
11.2 Asia Pacific Electric Truck Market Share Analysis, By Truck Type
11.3 Asia Pacific Electric Truck Market Size and Forecast, By Electric Propulsion Type
11.4 Asia Pacific Electric Truck Market Size and Forecast, By Application
11.5 Asia Pacific Electric Truck Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4 Rest of Asia Pacific
12 Latin America Electric Truck Market Analysis and Forecast (2020-2027)
12.1 Introduction
12.2 Latin America Electric Truck Market Share Analysis, By Truck Type
12.3 Latin America Electric Truck Market Size and Forecast, By Electric Propulsion Type
12.4 Latin America Electric Truck Market Size and Forecast, By Application
12.5 Latin America Electric Truck Market Size and Forecast, Country
13 Middle East Electric Truck Market Analysis and Forecast (2020-2027)
13.1 Introduction
13.2 Middle East Electric Truck Market Share Analysis, By Truck Type
13.3 Middle East Electric Truck Market Size and Forecast, By Electric Propulsion Type
13.4 Middle East Electric Truck Market Size and Forecast, By Application
13.5 Middle East Electric Truck Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Bosch
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Denso
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. CEVA Logistics
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Johnson Control
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Hitachi Automotive Systems
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Magna
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Infineon
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Eaton
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Siemens
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies

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