Electric Trucks Market to Grow at a Surprising CAGR of 34.2% by 2030, Size, Share, Trends, Drivers, Recent Trends and Growth Outlook
The electric trucks market, by value, is estimated to be 101,499 units in 2022 and is projected to reach 1,067,985 units by 2030, at a CAGR of 34.2% from 2022 to 2030.
Increased focus of government on emission free vehicles and policies would drive adoption of electric trucks in the e-commerce and logistics sector. Further, It will create opportunities for OEMs to expand their revenue stream and geographical presence in electric commercial vehicle industry.
The Global Electric Trucks Market report provides information about the Global industry, including valuable facts and figures. This research study explores the Global Market in detail such as industry chain structures, raw material suppliers, with manufacturing The Electric Trucks Sales market examines the primary segments of the scale of the market. This intelligent study provides historical data alongside a forecast from 2022 to 2030.
Request Sample Report of Electric Trucks Market @ https://globalmarketvision.com/sample_request/65749
The complete value chain and downstream and upstream essentials are scrutinized in this report. Essential trends like globalization, growth progress boost fragmentation regulation & ecological concerns. This Market report covers technical data, manufacturing plants analysis, and raw material sources analysis of Electric Trucks Industry as well as explains which product has the highest penetration, their profit margins, and R & D status. The report makes future projections based on the analysis of the subdivision of the market which includes the global market size by product category, end-user application, and various regions.
Key Players Mentioned in the Global Electric Trucks Market Research Report:
BYD(China), Mercedes Benz Group AG (Germany), AB Volvo (Sweden), Ford Motor Company(US) and Rivian(US) and others.
Global Electric Trucks Market Segmentation:
By Propulsion Type
- BEV
- PHEV
- FCEV
By Type
- Light-duty Trucks
- Medium-duty Trucks
- Heavy-duty Trucks
By End User
- Last Mile Delivery
- Long Haul Transportation
- Refuse Services
- Field Services
- Distribution services
By Range
- Upto 200 Miles
- Above 200 Miles
By Battery Capacity
- < 50 kWh
- 50-250 kWh
- Above 250 kWh
By GVWR
- Upto 10,000 lbs
- 10,001-26,000 lbs
- Above 26,001 lbs
By Level of Automation
- Semi-autonomous Trucks
- Autonomous Trucks
By Battery Type
- Lithium-nickel-manganese-cobalt Oxide
- Lithium-iron-phosphate
- Others
The base of geography, the world market of Electric Trucks has segmented as follows:
- North America includes the United States, Canada, and Mexico
- Europe includes Germany, France, UK, Italy, Spain
- South America includes Colombia, Argentina, Nigeria, and Chile
- The Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia
Recent Developments
- In November-2022, Tenneco announced the supply of intelligent suspension solutions and anti-vibration performance materials for Rivian. The R1T is equipped with Tenneco Clevite Elastomers front and rear suspension hubs.
- In October-2022, Performance Team announced the deployment of Class 8 battery-electric trucks from Volvo Trucks North America in Southern California in response to customer demand for sustainable short-haul warehouse and distribution center operations. Performance Team will deploy 126 Volvo electric trucks by Q3 2023.
- In February-2022, BYD launched BYD 8TT, which offers 483 horsepower, a top speed of 74 miles/hr, and a battery power of 422 kWh. It is mainly used for logistics by companies.
This Report Contains Answers To The Following Questions:
- What are the key market trends?
- What are the significant segments operating in the global Electric Trucks market?
- What are projections of the industry considering capacity, production, and production value?
- Where will the strategic developments take the industry in the mid to long-term?
- How big is the opportunity for the global Electric Trucks market?
- How much is the global Electric Trucks market worth?
- Who are the major players operating in the global Electric Trucks market?
- What will the market size and growth rate be in the forecast period?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
Table of Content (TOC):
Chapter 1: Report Overview
Chapter 2: Market Trends and Competitive Landscape
Chapter 3: Segmentation of Electric Trucks Market by Types
Chapter 4: Segmentation of Electric Trucks Market by Application
Chapter 5: Market Analysis by Major Regions
Chapter 6: Product Commodity of Electric Trucks Market in Major Countries
Chapter 7: Major Key Vendors Analysis of Electric Trucks Market
Chapter 8: Development Trend of Analysis
Chapter 9: Conclusion
Conclusion: At the end of Electric Trucks Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.
Need More Information? Inquire more about this report before purchase @ https://globalmarketvision.com/checkout/?currency=USD&type=single_user_license&report_id=65749
If you have any special requirements, please let us know and we will offer you the report at a customized price.
About Global Market Vision
Global Market Vision consists of an ambitious team of young, experienced people who focus on the details and provide the information as per customer’s needs. Information is vital in the business world, and we specialize in disseminating it. Our experts not only have in-depth expertise, but can also create a comprehensive report to help you develop your own business.
With our reports, you can make important tactical business decisions with the certainty that they are based on accurate and well-founded information. Our experts can dispel any concerns or doubts about our accuracy and help you differentiate between reliable and less reliable reports, reducing the risk of making decisions. We can make your decision-making process more precise and increase the probability of success of your goals.
Contact Us
Sarah Ivans | Business Development
Phone: +1 617 297 8902
Email: sales@globalmarketvision.com
Global Market Vision
Website: www.globalmarketvision.com
Related Report:
