Worldwide Electric Commercial Vehicle market is valued at xx million US$ in 2018 & will exceed sales of xx million US$ by the end of 2025, growing at a CAGR of 14.2% during 2019-2025 | Industry Leaders Covered | Tesla , Nissan , BYD, Daimler , Proterra , LG Chem , Samsung SDI , Panasonic , Delphi , ABB , Continental , Siemens , Mitsubishi Electric , Toshiba , Ballard Power Systems , Hydrogenics , ITM Power , Ceres Power , Plug Power , Nedstack , Nuvera , AFCC , Toyota , Honda , Hyundai|

Worldwide Electric Commercial Vehicle market is valued at xx million US$ in 2018 & will exceed sales of xx million US$ by the end of 2025, growing at a CAGR of 14.2% during 2019-2025 | Industry Leaders Covered | Tesla , Nissan , BYD, Daimler , Proterra , LG Chem , Samsung SDI , Panasonic , Delphi , ABB , Continental , Siemens , Mitsubishi Electric , Toshiba , Ballard Power Systems , Hydrogenics , ITM Power , Ceres Power , Plug Power , Nedstack , Nuvera , AFCC , Toyota , Honda , Hyundai|

Press Release

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.

The global Electric Commercial Vehicle market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 14.2% during 2019-2025.
This report focuses on Electric Commercial Vehicle volume and value at global level, regional level and company level. From a global perspective, this report represents overall Electric Commercial Vehicle market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The report includes an in-depth analysis of the competitive landscape of this business vertical, constituting manufacturers like:
Tesla
Nissan
BYD
Daimler
Proterra
LG Chem
Samsung SDI
Panasonic
Delphi
ABB
Continental
Siemens
Mitsubishi Electric
Toshiba
Ballard Power Systems
Hydrogenics
ITM Power
Ceres Power
Plug Power
Nedstack
Nuvera
AFCC
Toyota
Honda
Hyundai

Market Segment by Regions includes:
North America
Europe
China
Japan

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
Bus
Truck
Pick-Up Truck
Van

By Industrial Application, the market can be split into:
Commercial
Private

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

Browse contents of Global Electric Commercial Vehicle Market Research Report 2019

Contacts

Trusted Business Insights
Joseph Anthony Jones
Senior Media & Marketing Executive
US: +1 646 568 9797
UK: +44 330 808 0580

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