Global Electric Commercial Vehicle Market Research Report

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.

Product Code: MRFR/AM/5456-CR

TABLE OF CONTENTS

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