Electric Commercial Vehicle Market by Component, Vehicle Type, Propulsion Type, Battery Capacity, Power Output, Automation, Range, End User

Description

List of Tables

[183 Pages Report] The Electric Commercial Vehicle Market size was estimated at USD 31.38 billion in 2023 and expected to reach USD 38.21 billion in 2024, at a CAGR 23.52% to reach USD 137.70 billion by 2030.

Global Electric Commercial Vehicle Market

KEY MARKET STATISTICS
Base Year [2023]	USD 31.38 billion
Estimated Year [2024]	USD 38.21 billion
Forecast Year [2030]	USD 137.70 billion
CAGR (%)	23.52%

Electric Commercial Vehicle Market - IMG1

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electric Commercial Vehicle Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electric Commercial Vehicle Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electric Commercial Vehicle Market, highlighting leading vendors and their innovative profiles. These include Alke S.r.l., Altigreen Propulsion Labs Pvt Ltd., Ashok Leyland Limited, BorgWarner Inc., BYD Company Limited, Cenntro Electric Group Limited, Daimler Truck AG, Eaton Corporation PLC, Ebusco Holding N.V., Electra Commercial Vehicles Ltd, Euler Motors Private Limited, Ford Motor Company, General Motors, Infineon Technologies AG, Jupiter Wagons Limited, Lion Electric, Mahindra & Mahindra Limited, MAHLE GmbH, Mercedes-Benz Group AG, Mullen Automotive, Inc., Nikola Corporation, Omega Seiki Mobility, Piaggio & C. S.p.A., Shandong Wuzheng Group Co. Ltd., Tata Motors Limited, The Blue Bird Corporation, Volkswagen AG, Volta Trucks, and Xiamen King Long International Trading Co.,Ltd..

Market Segmentation & Coverage

This research report categorizes the Electric Commercial Vehicle Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
- Body
- Electric Motor
- Propulsion System
- Semiconductors
- Thermal Management System
Vehicle Type
- Buses
- Pickup Trucks
- Trailers
- Trucks & Tippers
- Van
Propulsion Type
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
Battery Capacity
- 50-250 kWh
- Above 250 kWh
- Less than 50 kWh
Power Output
- 100-250 KW
- Above 250 KW
- Less than 100 KW
Automation
- Level 0 (No Driving Automation)
- Level 1 (Driver Assistance)
- Level 2 (Partial Driving Automation)
- Level 3 (Conditional Driving Automation)
- Level 4 (High Driving Automation)
- Level 5 (Full Driving Automation)
Range
- 150-300 Miles
- Above 300 Miles
- less than 150 Miles
End User
- Distribution Service
- Field Service
- Last Mile Delivery
- Long Haul Transportation
- Refuse Service
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Electric Commercial Vehicle Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electric Commercial Vehicle Market?

3. What are the technology trends and regulatory frameworks in the Electric Commercial Vehicle Market?

4. What is the market share of the leading vendors in the Electric Commercial Vehicle Market?

5. Which modes and strategic moves are suitable for entering the Electric Commercial Vehicle Market?

Product Code: MRR-DD6333AE5994

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Electric Commercial Vehicle Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand for emission free commercial vehicles with growing concerns of air pollution
  - 5.1.1.2. Rising investments on electrification of public transport fleets
  - 5.1.1.3. Significant government zero emission initiatives across economies
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with deployment of electric vehicles
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing R&D on improving battery technology
  - 5.1.3.2. Growing adoption of electric vehicles in the logistics industry
- 5.1.4. Challenges
  - 5.1.4.1. Limited battery capacity and charging infrastructure
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Electric Commercial Vehicle Market, by Component

6.1. Introduction
6.2. Body
6.3. Electric Motor
6.4. Propulsion System
6.5. Semiconductors
6.6. Thermal Management System

7. Electric Commercial Vehicle Market, by Vehicle Type

7.1. Introduction
7.2. Buses
7.3. Pickup Trucks
7.4. Trailers
7.5. Trucks & Tippers
7.6. Van

8. Electric Commercial Vehicle Market, by Propulsion Type

8.1. Introduction
8.2. Battery Electric Vehicle
8.3. Fuel Cell Electric Vehicle
8.4. Hybrid Electric Vehicle
8.5. Plug-in Hybrid Electric Vehicle

9. Electric Commercial Vehicle Market, by Battery Capacity

9.1. Introduction
9.2. 50-250 kWh
9.3. Above 250 kWh
9.4. Less than 50 kWh

10. Electric Commercial Vehicle Market, by Power Output

10.1. Introduction
10.2. 100-250 KW
10.3. Above 250 KW
10.4. Less than 100 KW

11. Electric Commercial Vehicle Market, by Automation

11.1. Introduction
11.2. Level 0 (No Driving Automation)
11.3. Level 1 (Driver Assistance)
11.4. Level 2 (Partial Driving Automation)
11.5. Level 3 (Conditional Driving Automation)
11.6. Level 4 (High Driving Automation)
11.7. Level 5 (Full Driving Automation)

12. Electric Commercial Vehicle Market, by Range

12.1. Introduction
12.2. 150-300 Miles
12.3. Above 300 Miles
12.4. less than 150 Miles

13. Electric Commercial Vehicle Market, by End User

13.1. Introduction
13.2. Distribution Service
13.3. Field Service
13.4. Last Mile Delivery
13.5. Long Haul Transportation
13.6. Refuse Service

14. Americas Electric Commercial Vehicle Market

14.1. Introduction
14.2. Argentina
14.3. Brazil
14.4. Canada
14.5. Mexico
14.6. United States

15. Asia-Pacific Electric Commercial Vehicle Market

15.1. Introduction
15.2. Australia
15.3. China
15.4. India
15.5. Indonesia
15.6. Japan
15.7. Malaysia
15.8. Philippines
15.9. Singapore
15.10. South Korea
15.11. Taiwan
15.12. Thailand
15.13. Vietnam

16. Europe, Middle East & Africa Electric Commercial Vehicle Market

16.1. Introduction
16.2. Denmark
16.3. Egypt
16.4. Finland
16.5. France
16.6. Germany
16.7. Israel
16.8. Italy
16.9. Netherlands
16.10. Nigeria
16.11. Norway
16.12. Poland
16.13. Qatar
16.14. Russia
16.15. Saudi Arabia
16.16. South Africa
16.17. Spain
16.18. Sweden
16.19. Switzerland
16.20. Turkey
16.21. United Arab Emirates
16.22. United Kingdom

17. Competitive Landscape

17.1. FPNV Positioning Matrix
17.2. Market Share Analysis, By Key Player
17.3. Competitive Scenario Analysis, By Key Player

18. Competitive Portfolio

18.1. Key Company Profiles
- 18.1.1. Alke S.r.l.
- 18.1.2. Altigreen Propulsion Labs Pvt Ltd.
- 18.1.3. Ashok Leyland Limited
- 18.1.4. BorgWarner Inc.
- 18.1.5. BYD Company Limited
- 18.1.6. Cenntro Electric Group Limited
- 18.1.7. Daimler Truck AG
- 18.1.8. Eaton Corporation PLC
- 18.1.9. Ebusco Holding N.V.
- 18.1.10. Electra Commercial Vehicles Ltd
- 18.1.11. Euler Motors Private Limited
- 18.1.12. Ford Motor Company
- 18.1.13. General Motors
- 18.1.14. Infineon Technologies AG
- 18.1.15. Jupiter Wagons Limited
- 18.1.16. Lion Electric
- 18.1.17. Mahindra & Mahindra Limited
- 18.1.18. MAHLE GmbH
- 18.1.19. Mercedes-Benz Group AG
- 18.1.20. Mullen Automotive, Inc.
- 18.1.21. Nikola Corporation
- 18.1.22. Omega Seiki Mobility
- 18.1.23. Piaggio & C. S.p.A.
- 18.1.24. Shandong Wuzheng Group Co. Ltd.
- 18.1.25. Tata Motors Limited
- 18.1.26. The Blue Bird Corporation
- 18.1.27. Volkswagen AG
- 18.1.28. Volta Trucks
- 18.1.29. Xiamen King Long International Trading Co.,Ltd.
18.2. Key Product Portfolio

19. Appendix

19.1. Discussion Guide
19.2. License & Pricing