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Market Research Report
Global Electric Commercial Vehicle Market Insights, Forecast to 2025 |
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Published by | QYResearch | Product code | 852956 | ||||
Published | Content info | 140 Pages Delivery time: 2-3 business days |
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Global Electric Commercial Vehicle Market Insights, Forecast to 2025 | ||
Published: May 27, 2019 | Content info: 140 Pages |
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Some of the major drivers of this market are the need for fuel-efficient and emission-free vehicles and the increasing demand for electric commercial vehicle such as electric truck in the logistics industry to minimize the additional liability of fuel expenses. Innovations in EV battery capacity, which will enable electric commercial vehicle to carry heavy loads over longer range, can create new revenue generation opportunities. Whereas, oil companies lobbying against EV, limited battery power, and longer charging duration are few challenges for the global market.
The bus segment is estimated to be the fastest growing market, in terms of volume, for electric commercial vehicle, by vehicle, followed by van, pick-up truck, and truck. Various government mandates and individual country targets to phase out fossil fuel-based public transportation system and to replace them with electric buses will help the bus market grow over the forecast period.
Global Electric Commercial Vehicle market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of 14.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Electric Commercial Vehicle.
This industry study presents the global Electric Commercial Vehicle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Electric Commercial Vehicle production, revenue and market share by manufacturers, key regions and type;
The consumption of Electric Commercial Vehicle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders Tesla , Nissan , etc.
The following manufacturers are covered in this report:
Electric Commercial Vehicle Breakdown Data by Type:
Electric Commercial Vehicle Breakdown Data by Application:
Electric Commercial Vehicle Production by Region:
Electric Commercial Vehicle Consumption by Region:
The study objectives are:
In this study, the years considered to estimate the market size of Electric Commercial Vehicle :
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Electric Commercial Vehicle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.