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The electric trucks market is poised to grow by 562.44 th units during 2023-2027, accelerating at a CAGR of 28.82% during the forecast period. The report on the electric trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing demand for fuel-efficient and low-emission vehicles, stringent rules and regulations, and electric trucks creating long-term value for customers.
The electric trucks market is segmented as below:
By Propulsion
- Hybrid electric trucks
- Battery electric trucks
By Vehicle Type
- Light trucks
- Heavy-duty trucks
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
The report on electric trucks market covers the following areas:
- Electric trucks market sizing
- Electric trucks market forecast
- Electric trucks market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Propulsion
7 Market Segmentation by Vehicle Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global electric trucks market: AB Volvo, BOLLINGER MOTORS LLC, BYD Electronic Co. Ltd., Daimler AG, E Force One AG, General Motors Co, Hino Motors Ltd., Isuzu Motors Ltd., Lordstown Motors Corp., Navistar International Corp., PACCAR Inc., Proterra Inc., Rivian Automotive LLC, Scania AB, Sinotruk Hong Kong Ltd., Tesla Inc., VDL Groep BV, Renault SAS, Nissan Motor Co. Ltd., and Ford Motor Co.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is prominent truck manufacturers venturing into the electric trucks market.`
According to the report, one of the major drivers for this market is the growing demand for fuel-efficient and low-emission vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- BOLLINGER MOTORS LLC
- BYD Electronic Co. Ltd.
- Daimler AG
- E Force One AG
- General Motors Co
- Hino Motors Ltd.
- Isuzu Motors Ltd.
- Lordstown Motors Corp.
- Navistar International Corp.
- PACCAR Inc.
- Proterra Inc.
- Rivian Automotive LLC
- Scania AB
- Sinotruk Hong Kong Ltd.
- Tesla Inc.
- VDL Groep BV
- Renault SAS
- Nissan Motor Co. Ltd.
- Ford Motor Co.
