Commercial Electric Vehicles Market Scenario, Leading Players, Segments Analysis And Growth By Forecast To 2030

Published: 2023-10-04
Views: 240
Author: komalimr
Published in: Marketing

The Global Commercial Electric Vehicle Market was estimated at 234.16 Thousand units in 2021 and is anticipated to reach 1200.43 Thousand units by 2028, growing at a CAGR of 26.3%. Analysis Period(2023-30)

Electricity can power not only cars, but also commercial vehicles such as buses, trucks, vans, and vehicles used in agriculture and building industry. Electric vehicles are more environmentally friendly, quieter, and efficient than gasoline vehicles. Furthermore, commercial vehicles require a lot of fuel and thus consume far more diesel than a car. However, fossil fuels such as oil are limited. They also contribute significantly to air pollution: in the EU, commercial vehicles account for 25% of CO2 emissions from traffic, and thus 5% of total greenhouse gas emissions. As electric commercial vehicles do not consume any fossil fuels they do not emit any CO2 in operation. They are completely clean if their electricity comes from renewable sources. There are additional advantages: An electric drive has fewer moving parts than a mechanical drive. This means fewer breakdowns and less servicing, which reduces vehicle operating costs. Because e-vehicles have a simpler design, they can be built more compactly thus, supporting the development of the Commercial Electric Vehicle Market over the forecasted period.

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Leading companies reviewed in the Commercial Electric Vehicle Market report are:

Traton SE,AB Volvo,BYD Auto Co. Ltd,Daimler AG,Zhongtong Bus Holding,Anhui Ankai Automobile Co. LTD,Proterra Inc.,Rivian,Tata Motors Limited,Tesla Inc.,Ford Motor Company,NFI Group Inc and Other Major Players.

Market Overview & Coverage:

The latest research on the Commercial Electric Vehicle market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Commercial Electric Vehicle industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Commercial Electric Vehicle market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

The Report Will Include A Major Chapter

• Patent Analysis
• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
• Company Profiling and Competitive Positioning
• Industry Value Chain Analysis
• Market Dynamics and Factors
• Porter’s Five Forces Analysis
• Pestle Analysis
• SWOT Analysis

Segmentation of Commercial Electric Vehicle market:

In market segmentation by By Vehicle Type, Commercial Electric Vehicle Market report covers:

Bus,Trucks,Pick-up Trucks,Vans

In market segmentation  By End Users, Commercial Electric Vehicle Market report covers:

Last Mile Delivery,Distribution Services,Transportation,Others

Market Segment by Regions and Countries Level Analysis:

• North America (U.S., Canada, Mexico)
• Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
• Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
• Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
• South America (Brazil, Argentina, Rest of SA)

Report Coverage:

Attribute

                Report Details

Market Size

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Growth Rate

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Key Companies

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Report Coverage

Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more…

Historical Data Period

2016-2020

Base Year

2021

Forecast Period

2022-2028

Region Scope

North America, Europe, Asia-Pacific, South America, Middle East & Africa

Country Scope

United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc. Saudi Arabia, UAE, Egypt, Nigeria and South Africa

Report Highlights:

• A complete analysis of the market, including the parent industry
• Important market dynamics and trends
• Market segmentation
• Historical, current, and projected size of the market based on value and volume
• Market shares and strategies of key players
• Recommendations to companies for strengthening their foothold in the market

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