Global Electric Commercial Vehicle Market Report

Description

List of Tables

The global demand for Electric Commercial Vehicle Market is presumed to reach the market size of nearly USD 3892.50 Thousand Units by 2030 from USD 385.82 Thousand Units by 2022 with a CAGR of 33.5% during 2023-2030.

Electric Commercial Vehicle refers to a vehicle which is electrically powered and not dependent on petrol or diesel. Fine examples of commercial electric vehicles include buses, trucks, vans, excavators, wheel loaders, agricultural tractors etc. The benefit of using it is that it does not emit harmful carbon dioxide and does not cause any harm to the environment. Moreover, since it does not use gasoline or diesel, the maintenance cost is low. Furthermore, it is more efficient since it is run by an electric motor. Electrification of commercial vehicles is on the rise, and this trend is likely to stay in the future and will help in better productivity.

MARKET DYNAMICS:

The electric commercial vehicle market looks promising during the forecast period. The growing trend of electric vehicles owing to the increasing activities in the logistics and supply chain sector and strict global emission rules worldwide compelling commercial organizations to electrify their vehicles are things that push forward the market. This also encourages vehicle manufacturers to invest heavily in electric vehicles to reduce carbon emissions caused by fossil fuels. Additionally, the developments in the battery industry with state-of-the-art features also assist the growth. The growing adoption of electric buses compared to diesel buses in the cities because of their efficiency, low maintenance costs, extending life span, and great comfort level will retain the growth in the future. ''

The report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric commercial vehicle. The growth and trends of Electric Commercial Vehicle Industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the electric commercial vehicle market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

Battery Cells & Packs
On-Board Charge
Motor
Reducer
Fuel Stack
Power Control Unit
Battery Management System
Fuel Processor
Power Conditioner
Air Compressor
Humidifier

By Vehicle Type

Bus
Pickup Truck
Truck
Van

By Battery Type

Lithium-Iron-Phosphate (LFP)
Nickel-Manganese-Cobalt (NMC)
Solid-State Battery
Others

By Battery Capacity

Less Than 50 Kwh
50-250 Kwh
Above 250 Kwh

By Propulsion

Battery Electric Vehicle (BEV)
Fuel Cell Electric Vehicle (FCEV)
Plug-In Hybrid Electric Vehicle (PHEV)

By End User

Last Mile Delivery
Distribution
Field Services
Long Haul Transportation
Refuse Services

By Truck Payload Capacity

Less Than 10,000 LBS
10,001 - 26,000 LBS
Greater Than 26,001 LBS

By Autonomous Vehicle

Electric Autonomous Truck
Electric Autonomous Bus

By Length Of Bus:

Less Than 9M
9-14M
More Than 14M

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the Electric Commercial Vehicle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric commercial vehicle market include BYD (China), Yutong (China), AB Volvo (Sweden), VDL Groep (Netherland), and CAF (Spain). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218787

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . ELECTRIC COMMERCIAL VEHICLE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Vehicle Type
- 3.7.3 Market Attractiveness Analysis By Battery Type
- 3.7.4 Market Attractiveness Analysis By Battery Capacity
- 3.7.5 Market Attractiveness Analysis By Propulsion
- 3.7.6 Market Attractiveness Analysis By End User
- 3.7.7 Market Attractiveness Analysis By Truck Payload Capacity
- 3.7.8 Market Attractiveness Analysis By Autonomous Vehicle
- 3.7.9 Market Attractiveness Analysis By Length Of Bus
- 3.7.10 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK

6 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET SALES BY COMPONENT

6.1 Overview by Component
6.2 Historical and Forecast Sales Data
6.3 Analysis by Component
6.4 Battery Cells & Packs Historic and Forecast Sales by Regions
6.5 On-Board Charge Historic and Forecast Sales by Regions
6.6 Motor Historic and Forecast Sales by Regions
6.7 Reducer Historic and Forecast Sales by Regions
6.8 Fuel Stack Historic and Forecast Sales by Regions
6.9 Power Control Unit Historic and Forecast Sales by Regions
6.10 Battery Management System Historic and Forecast Sales by Regions
6.11 Fuel Processor Historic and Forecast Sales by Regions
6.12 Power Conditioner Historic and Forecast Sales by Regions
6.13 Air Compressor Historic and Forecast Sales by Regions
6.14 Humidifier Historic and Forecast Sales by Regions

7 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY VEHICLE TYPE

7.1 Overview by Vehicle Type
7.2 Historical and Forecast Sales Data
7.3 Analysis by Vehicle Type
7.4 Bus Historic and Forecast Sales by Regions
7.5 Pickup Truck Historic and Forecast Sales by Regions
7.6 Truck Historic and Forecast Sales by Regions
7.7 Van Historic and Forecast Sales by Regions

8 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY BATTERY TYPE

8.1 Overview by Battery Type
8.2 Historical and Forecast Sales Data
8.3 Analysis by Battery Type
8.4 Lithium-iron-phosphate (LFP) Historic and Forecast Sales by Regions
8.5 Nickel-manganese-cobalt (NMC) Historic and Forecast Sales by Regions
8.6 Solid-state Battery Historic and Forecast Sales by Regions
8.7 Others Historic and Forecast Sales by Regions

9 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY BATTERY CAPACITY

9.1 Overview by Battery Capacity
9.2 Historical and Forecast Sales Data
9.3 Analysis by Battery Capacity
9.4 Less Than 50 Kwh Historic and Forecast Sales by Regions
9.5 50-250 Kwh Historic and Forecast Sales by Regions
9.6 Above 250 Kwh Historic and Forecast Sales by Regions

10 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY PROPULSION

10.1 Overview by Propulsion
10.2 Historical and Forecast Sales Data
10.3 Analysis by Propulsion
10.4 Battery Electric Vehicle (BEV) Historic and Forecast Sales by Regions
10.5 Fuel Cell Electric Vehicle (FCEV) Historic and Forecast Sales by Regions
10.6 Plug-in Hybrid Electric Vehicle (PHEV) Historic and Forecast Sales by Regions

11 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY END USER

11.1 Overview by End User
11.2 Historical and Forecast Sales Data
11.3 Analysis by End User
11.4 Last Mile Delivery Historic and Forecast Sales by Regions
11.5 Distribution Historic and Forecast Sales by Regions
11.6 Field Services Historic and Forecast Sales by Regions
11.7 Long Haul Transportation Historic and Forecast Sales by Regions
11.8 Refuse Services Historic and Forecast Sales by Regions

12 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY TRUCK PAYLOAD CAPACITY

12.1 Overview by Truck Payload Capacity
12.2 Historical and Forecast Sales Data
12.3 Analysis by Truck Payload Capacity
12.4 Less Than 10,000 LBS Historic and Forecast Sales by Regions
12.5 10,001 - 26,000 LBS Historic and Forecast Sales by Regions
12.6 Greater Than 26,001 LBS Historic and Forecast Sales by Regions

13 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY AUTONOMOUS VEHICLE

13.1 Overview by Autonomous Vehicle
13.2 Historical and Forecast Sales Data
13.3 Analysis by Autonomous Vehicle
13.4 Electric Autonomous Truck Historic and Forecast Sales by Regions
13.5 Electric Autonomous Bus Historic and Forecast Sales by Regions

14 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET SALES BY LENGTH OF BUS

14.1 Overview by Length Of Bus
14.2 Historical and Forecast Sales Data
14.3 Analysis by Length Of Bus
14.4 Less Than 9m Historic and Forecast Sales by Regions
14.5 9-14m Historic and Forecast Sales by Regions
14.6 More Than 14m Historic and Forecast Sales by Regions

15 . GLOBAL ELECTRIC COMMERCIAL VEHICLE MARKET ANALYSIS BY GEOGRAPHY

15.1. Regional Outlook
15.2. Introduction
15.3. North America Sales Analysis
- 15.3.1. Overview, Historic and Forecast Data Sales Analysis
- 15.3.2. North America By Segment Sales Analysis
- 15.3.3. North America By Country Sales Analysis
- 15.3.4. United State Sales Analysis
- 15.3.5. Canada Sales Analysis
- 15.3.6. Mexico Sales Analysis
15.4. Europe Sales Analysis
- 15.4.1. Overview, Historic and Forecast Data Sales Analysis
- 15.4.2. Europe by Segment Sales Analysis
- 15.4.3. Europe by Country Sales Analysis
- 15.4.4. United Kingdom Sales Analysis
- 15.4.5. France Sales Analysis
- 15.4.6. Germany Sales Analysis
- 15.4.7. Italy Sales Analysis
- 15.4.8. Russia Sales Analysis
- 15.4.9. Rest Of Europe Sales Analysis
15.5. Asia Pacific Sales Analysis
- 15.5.1. Overview, Historic and Forecast Data Sales Analysis
- 15.5.2. Asia Pacific by Segment Sales Analysis
- 15.5.3. Asia Pacific by Country Sales Analysis
- 15.5.4. China Sales Analysis
- 15.5.5. India Sales Analysis
- 15.5.6. Japan Sales Analysis
- 15.5.7. South Korea Sales Analysis
- 15.5.8. Australia Sales Analysis
- 15.5.9. Rest Of Asia Pacific Sales Analysis
15.6. Latin America Sales Analysis
- 15.6.1. Overview, Historic and Forecast Data Sales Analysis
- 15.6.2. Latin America by Segment Sales Analysis
- 15.6.3. Latin America by Country Sales Analysis
- 15.6.4. Brazil Sales Analysis
- 15.6.5. Argentina Sales Analysis
- 15.6.6. Peru Sales Analysis
- 15.6.7. Chile Sales Analysis
- 15.6.8. Rest of Latin America Sales Analysis
15.7. Middle East & Africa Sales Analysis
- 15.7.1. Overview, Historic and Forecast Data Sales Analysis
- 15.7.2. Middle East & Africa by Segment Sales Analysis
- 15.7.3. Middle East & Africa by Country Sales Analysis
- 15.7.4. Saudi Arabia Sales Analysis
- 15.7.5. UAE Sales Analysis
- 15.7.6. Israel Sales Analysis
- 15.7.7. South Africa Sales Analysis
- 15.7.8. Rest Of Middle East And Africa Sales Analysis

16 . COMPETITIVE LANDSCAPE OF THE ELECTRIC COMMERCIAL VEHICLE COMPANIES

16.1. Electric Commercial Vehicle Market Competition
16.2. Partnership/Collaboration/Agreement
16.3. Merger And Acquisitions
16.4. New Product Launch
16.5. Other Developments

17 . COMPANY PROFILES OF ELECTRIC COMMERCIAL VEHICLE INDUSTRY

17.1. Company Share Analysis
17.2. Market Concentration Rate
17.3. BYD (China)
- 17.3.1. Company Overview
- 17.3.2. Company Revenue
- 17.3.3. Products
- 17.3.4. Recent Developments
17.4. Yutong (China)
- 17.4.1. Company Overview
- 17.4.2. Company Revenue
- 17.4.3. Products
- 17.4.4. Recent Developments
17.5. AB Volvo (Sweden)
- 17.5.1. Company Overview
- 17.5.2. Company Revenue
- 17.5.3. Products
- 17.5.4. Recent Developments
17.6. VDL Groep (Netherland)
- 17.6.1. Company Overview
- 17.6.2. Company Revenue
- 17.6.3. Products
- 17.6.4. Recent Developments
17.7. CAF (Spain)
- 17.7.1. Company Overview
- 17.7.2. Company Revenue
- 17.7.3. Products
- 17.7.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies