Global Electric Commercial Vehicle Market
The latest market intelligence report, titled ‘Global Electric Commercial Vehicle Market’, is intended to provide the target audience with the necessary information about the global Electric Commercial Vehicle industry. The report comprises a detailed analysis of the vital elements of the Electric Commercial Vehicle market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Electric Commercial Vehicle market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Electric Commercial Vehicle market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
The global electric commercial vehicle market size was USD 56.34 Billion in 2021 and is expected to register a revenue CAGR of 34.4% during the forecast period, according to latest analysis by Emergen Research. Rising demand for emission-free commercial vehicles is expected to support market revenue growth between 2022 and 2030. In addition, implementation of electric buses as public transit is expected to change public transit worldwide over the upcoming years by lowering emissions, decreasing levels of noise, and enhancing fuel efficiency. Moreover, rising volumes of Carbon Dioxide (CO2) emissions and other hazardous pollutants due to petrol and diesel transportation leading firms to sift in commercial electric vehicle And rising demand for green and renewable energy are driving electric commercial vehicle market growth during the forecast period.
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Global Electric Commercial Vehicle Market Report – Table of Contents:
- Chapter 1 includes the global Electric Commercial Vehicle market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Electric Commercial Vehicle market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Electric Commercial Vehicle market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Electric Commercial Vehicle industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
Leading companies profiled in the report:
Yutong, BYD, VDL Groep, Proterra, AB Volvo, NFI Group, Daimler AG, King Long, Ebusco B.V., Ankai
Regional Overview:
The global Electric Commercial Vehicle market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Electric Commercial Vehicle market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
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Global Electric Commercial Vehicle Market Segmentation:
Component Outlook (Revenue, USD Billion; 2017-2027)
- Electric Motor
- Electric Vehicle Battery
- Hydrogen Fuel Cell
Propulsion Type Outlook (Revenue, USD Billion; 2017-2027)
- BEV
- PHEV
- FCEV
Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)
- Electric Bus
- Electric Truck (Medium and Heavy Duty Trucks)
- Electric Pick-up Truck
- Electric Van
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
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