Electric Truck Market
Electric Truck Market - Global Industry Assessment & Forecast
#
Pages:
144
2022
Jun - 2022
VMR-1580
Segments Covered
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 Up To 200 Miles, Above 200 Miles
-
By
Battery Capacity Less Than 50 KWH, 50-250 KWH, Above 250 KWH
-
By
Payload Capacity Up To 10,000 LBS, 10,001-26,000 LBS, Above 26,001 LBS
-
By
Level of Automation Semi-Autonomous, Autonomous
-
By
Battery Type Lithium-Nickel-Manganese-Cobalt Oxide, Lithium-Iron-Phosphate, Others
-
By
Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 527.10 Million |
 Revenue 2030:
|
USD 3306.28 Million |
 Revenue CAGR
(2023 - 2030): |
25.80% |
Fastest Growing Region (2023 -
2030)
|
Asia Pacific |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Electric Truck Market by Propulsion Type by Type by End User by Range by Battery Capacity by Payload Capacity by Level of Automation by Battery Type by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
The primary research was conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills data requirements pertaining to first-hand information on global market size, regional and segmental trends, competitive landscape expertise development, and market understandings among others.
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Electric Truck market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market. Moreover, region-wise product mapping analysis was used to gain some more insights on the competitive trend in the global Electric Truck market.
Vantage Market
Research | 03-Jun-2022
FAQ
Frequently Asked Question
What is the global demand for Electric Truck in terms of revenue?
-
The global Electric Truck valued at USD 527.10 Million in 2022 and is expected to reach USD 3306.28 Million in 2030 growing at a CAGR of 25.80%.
Which are the prominent players in the market?
-
The prominent players in the market are BYD (China), Daimler AG (Germany), AB Volvo (Sweden), Paccar (U.S.), Scania AB (Sweden), Change (China), Nikola Motors (US).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 25.80% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Truck include
- Reducing the cost of EV batteries
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Electric Truck in 2022.
