Navigating Sustainable, Profitable Growth in a Rapidly Changing World

Automotive and Transportation

Global Electric Truck Market Report...

Historical and Forecast Market Trends

2018-32

www.expertmarketresearch.com

The development of electric trucks with enhanced durability and longevity of electric trucks is further fuelling the industry growth. The increasing cost-effectiveness of electric trucks is increasing their demand, therefore invigorating the market growth. Increasing investments by various governments to promote the use of electric vehicles and reduce carbon emission is accelerating the growth of the electric truck industry. The surging prices of petroleum-based energy sources such as diesel and petrol in low and middle-income companies are projected to invigorate the industry growth. The increasing production of electric trucks by the leading companies is fuelling the industry growth. In addition, the development of lightweight batteries that can be charged swiftly is escalating the adoption of electric trucks. The increasing research and development (R&D) activities by major companies to develop heavy electric trucks for long haulage while reducing total electricity costs.

AB Volvo (STO: VOLV-B), one of the leading players in the market, announced that it would sell an entire range of electric, heavy-duty trucks in Europe in November 2016. The company was running tests of the electric heavy-duty Volvo FH, Volvo FMX, and Volvo FM trucks to be used for urban construction and regional transport operation in Europe. The trucks are set to launch in the region by 2021. The company aims to start selling electric trucks powered by hydrogen fuel cells, which is one of the primary steps to reach its goal towards a fossil-free product range by 2040. The company, through electric trucks, is transitioning to a more sustainable mode of transportation for haulage operators while offering them profitability and productivity. Such products are anticipated to propel the market growth of electric truck.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Analysis by Propulsion, Vehicle Type, Range, and Region:

  • The market, on the basis of propulsion, can be divided into battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck.
  • Based on vehicle type, the industry can be divided into light duty, medium duty, and heavy duty.
  • The ranges of electric truck include 0-150 miles, 151-300 miles, and above 300 miles, among others.
  • The regional markets for electric truck include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The rapid electrification of vehicles to reduce carbon emissions is invigorating the market growth.
  • The market is being driven by the rising adoption of electric trucks to decrease operational costs and total cost of ownership to increase profitability.
  • The rising demand to eliminate the use of fossil fuels is increasing the adoption of electric trucks, therefore propelling the market growth.
  • The development of charging infrastructure and prototypes of diverse electric trucks is invigorating the market growth of electric trucks.

Key Offerings of the Report:

  • The EMR report gives an overview of the global electric truck market for the periods (2018-2023) and (2024-2032).
  • The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the propulsions, vehicle types, ranges, and regions of electric truck.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global market for electric truck are AB Volvo, Daimler AG, Dongfeng Motor Corporation, Scania CV AB, and Paccar Company, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: [email protected]
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

How To Order

Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.

Select License Type

Choose the right license for your needs and access rights.

Click on ‘Buy Now’

Add the report to your cart with one click and proceed to register.

Select Mode of Payment

Choose a payment option for a secure checkout. You will be redirected accordingly.

Purchase Full Report

Datasheet

 

USD 2,199

USD 1,999

tax inclusive*

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF

Single User License

One User

USD 3,299

USD 2,999

tax inclusive*

  • All Sections, One User
  • One Print Allowed
  • Email Delivery in PDF

Five User License

Five Users

USD 4,399

USD 3,999

tax inclusive*

  • All Sections, Five Users
  • Five Prints Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support

Corporate License

Unlimited Users

USD 5,499

USD 4,999

tax inclusive*

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

We’re here to help answer any questions about our products and services.

Contact us

Locations


United States (Head Office)

30 North Gould Street, Sheridan, WY 82801

+1-415-325-5166

Australia

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

India

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

Philippines

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.

+63 287899028, +63 967 048 3306

United Kingdom

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

Vietnam

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124