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United Kingdom electric delivery vans market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on account of increasing inclination toward electric vehicles. Growing demand for less energy consumption and fuel-efficient vehicles will further drive the growth of the United Kingdom electric delivery vans market in the upcoming five years. Moreover, increasing research and technological advancement in the automotive along with the growing inclination toward electrical energy over conventional fossil fuel consumptions, further support the growth of the United Kingdom electric delivery vans market in the next five years. Speak directly to the analyst to clarify any post sales queries you may have.
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Growing Adaptations To Electric Vehicles Promises Market Growth
Rising awareness regarding environmental harm due to exhaustive, toxic gases from the burning of fossil fuels to charge the automotive play a major role in driving the growth of the United Kingdom electric delivery van market in the upcoming five years. Due to the proven advantages, the government is also actively emphasizing on adoption of electric vehicles to support the electrification of the public transportation fleet and commercial vehicle fleet in the country. Moreover, demands the light commercial vehicles have grown rapidly in recent times. Around 0.34 million units of light commercial vehicles were sold in 2021 in the United Kingdom. With the growing fleet of light commercial vehicles, excessive toxic gases will release, and to unwind the situation, electronic vehicles are a great opportunity.Electric delivery vans are 100% eco-friendly and economical. Battery-powered vehicles are advantageous over traditional fossil fuel-combusting vehicles. Efficient and effective electrical energy conversion to power the vehicle is also cost-effective, and the compact sizing provides benefits, thereby aiding the growth of the United Kingdom electric delivery vans market in the next five years.
Expanding Food & Beverage Industry Supports Market Growth
The food & beverage industry is rapidly expanding, and the growing adaptions to online delivery services are further supporting the growth of the United Kingdom electric delivery vans market in the upcoming five years. The rising e-commerce sector and then increasing demand for online food delivery services are further expected to support the growth of the United Kingdom electric delivery van market in the next five years. The online food delivery services market is expanding rapidly. In the year 2021, the market value of online food delivery reached over USD14.3 billion in the country. The market is further expanding due to rising demands from the young adult population.Evolving lifestyles of the youth, busy schedules, and inclination to online delivery services mark as a major factors influencing the growth of the United Kingdom electric delivery van market in the future five years. Multiple food delivery restaurants and online platforms running cloud kitchens have their own electric delivery van services, and some of the platforms use specifically designed online delivery services, further aiding the market growth.
Market Segmentation
The United Kingdom electric delivery vans market is segmented by vehicle type, GVWR, propulsion, range, battery capacity, competitional landscape, and regional distribution. Based on vehicle type, the market is further segmented into light duty, medium duty, and heavy duty. By GVWR, the market is fragmented into less than 5 tons, 5-8 tons, and above 8 tons. Based on propulsion, the market is differentiated into BEV, HEV, and PHEV. By range, the market is discussed among less than 100 miles, 100-150 miles, and above 150 miles. Based on battery capacity, the market is bifurcated into less than 50 kWh, 50-100 KWH, and above 100 kWh. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside.Company Profile
Ford Motor Company, BYD Auto Co., Ltd., Mercedes-Benz AG, Rivian Automotive, Inc., Workhorse Group Incorporated, and Arrival Ltd., among others, a partial list of major market players of the companies responsible for the growth of United Kingdom electric delivery vans market.Report Scope:
In this report, United Kingdom electric delivery vans market has been segmented into the following categories, in addition to the industry trends, which have also been detailed below:United Kingdom Electric Delivery Vans Market, By Vehicle Type:
- Light Duty
- Medium Duty
- Heavy Duty
United Kingdom Electric Delivery Vans Market, By GVWR:
- Less than 5 ton
- 5-8 ton
- Above 8 ton
United Kingdom Electric Delivery Vans Market, By Propulsion:
- BEV
- HEV
- PHEV
United Kingdom Electric Delivery Vans Market, By Range:
- Less than 100 miles
- 100-150 miles
- Above 150 miles
United Kingdom Electric Delivery Vans Market, By Battery Capacity:
- Less than 50 kWh
- 50-100 kWh
- Above 100 kWh
United Kingdom Electric Delivery Vans Market, By Region:
- London
- East Anglia
- Southwest
- Southeast
- Scotland
- East Midlands
- Yorkshire & Humberside
Competitive Landscape
Company Profile
Detailed analysis of the major companies present in United Kingdom Electric delivery vans market.Available Customizations:
With the given market data, the analyst offers customizations according to a company’s specific needs. The following customization options are available for the report:Company Information
- Detailed analysis and profiling of additional market players (up to five).
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Table of Contents
1. Product Overview2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on United Kingdom Electric Delivery Vans Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. United Kingdom Electric Delivery Vans Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Light Duty, Medium Duty, Heavy Duty)
6.2.2. By GVWR (Less than 5 ton, 5-8 ton, Above 8 ton)
6.2.3. By Propulsion (BEV, HEV, PHEV)
6.2.4. By Range (Less than 100 miles, 100-150 miles, Above 150 miles)
6.2.5. By Battery Capacity (Less than 50 kWh, 50-100 kWh, Above 100 kWh)
6.2.6. By Region (London, East Anglia, Southwest, Southeast, Scotland, East Midlands, and Yorkshire & Humberside)
6.2.7. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Region)
7. United Kingdom Battery Electric Van Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By GVWR
7.2.3. By Range
7.2.4. By Battery Capacity
8. United Kingdom Hybrid Electric Van Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By GVWR
8.2.3. By Range
8.2.4. By Battery Capacity
9. United Kingdom Plug-In Hybrid Electric Van Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By GVWR
9.2.3. By Range
9.2.4. By Battery Capacity
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Policy and Regulatory Landscape
13. United Kingdom Economic Profile
14. Competitive Landscape
14.1. Company Profiles (Partial List of Leading Companies)
14.1.1. Ford Motor Company
14.1.2. BYD Auto Co., Ltd.
14.1.3. Mercedes-Benz AG
14.1.4. Rivian Automotive, Inc.
14.1.5. Workhorse Group Incorporated
14.1.6. Arrival Ltd.
15. Strategic Recommendations
16. About Us & Disclaimer
(Note: The companies list can be customized based on the client requirements.)
Companies Mentioned
- Ford Motor Company
- BYD Auto Co., Ltd.
- Mercedes-Benz AG
- Rivian Automotive, Inc.
- Workhorse Group Incorporated
- Arrival Ltd.
