Electric Commercial Vehicle Market by Propulsion, Vehicle Type, Battery Capacity, Range: Global Opportunity Analysis and Industry Forecast, 2021-2031

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Market dynamics
3.4.1. Drivers
3.4.1.1. Increase in demand for fuel-efficient, high-performance, and low-emission buses
3.4.1.2. Increase in government initiatives for the promotion of e-mobility
3.4.1.3. Reduction in cost of electric vehicle batteries
3.4.2. Restraints
3.4.2.1. High cost of investment and complication in operating advanced systems
3.4.2.2. Lack of charging infrastructure
3.4.3. Opportunities
3.4.3.1. Rise in demand for electric trucks from the logistics sector
3.4.3.2. Technological advancements
3.4.3.3. Greater availability of credit and financing options
3.4.3.4. Increasing need for transportation mediums for rural and semi-urban areas
3.5. COVID-19 Impact Analysis on the market

CHAPTER 4: ELECTRIC COMMERCIAL VEHICLE MARKET, BY PROPULSION
4.1 Overview
4.1.1 Market size and forecast
4.2. Battery Electric Vehicle (BEV)
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3. Fuel Cell Electric Vehicle (FCEV)
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4. Plug-in Hybrid Electric Vehicle (PHEV)
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country

CHAPTER 5: ELECTRIC COMMERCIAL VEHICLE MARKET, BY VEHICLE TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2. Light duty trucks
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3. Medium duty trucks
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4. Heavy duty trucks
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5. Buses
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country

CHAPTER 6: ELECTRIC COMMERCIAL VEHICLE MARKET, BY BATTERY CAPACITY
6.1 Overview
6.1.1 Market size and forecast
6.2. Less Than 50 kWh
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3. 50 to 250 kWh
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
6.4. Above 250 kWh
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market share analysis by country

CHAPTER 7: ELECTRIC COMMERCIAL VEHICLE MARKET, BY RANGE
7.1 Overview
7.1.1 Market size and forecast
7.2. Less Than 150 Mile
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3. 150 to 300 Mile
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4. Above 300 Mile
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country

CHAPTER 8: ELECTRIC COMMERCIAL VEHICLE MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Propulsion
8.2.3 North America Market size and forecast, by Vehicle Type
8.2.4 North America Market size and forecast, by Battery Capacity
8.2.5 North America Market size and forecast, by Range
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by Propulsion
8.2.6.1.3 Market size and forecast, by Vehicle Type
8.2.6.1.4 Market size and forecast, by Battery Capacity
8.2.6.1.5 Market size and forecast, by Range
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by Propulsion
8.2.6.2.3 Market size and forecast, by Vehicle Type
8.2.6.2.4 Market size and forecast, by Battery Capacity
8.2.6.2.5 Market size and forecast, by Range
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by Propulsion
8.2.6.3.3 Market size and forecast, by Vehicle Type
8.2.6.3.4 Market size and forecast, by Battery Capacity
8.2.6.3.5 Market size and forecast, by Range
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Propulsion
8.3.3 Europe Market size and forecast, by Vehicle Type
8.3.4 Europe Market size and forecast, by Battery Capacity
8.3.5 Europe Market size and forecast, by Range
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by Propulsion
8.3.6.1.3 Market size and forecast, by Vehicle Type
8.3.6.1.4 Market size and forecast, by Battery Capacity
8.3.6.1.5 Market size and forecast, by Range
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by Propulsion
8.3.6.2.3 Market size and forecast, by Vehicle Type
8.3.6.2.4 Market size and forecast, by Battery Capacity
8.3.6.2.5 Market size and forecast, by Range
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by Propulsion
8.3.6.3.3 Market size and forecast, by Vehicle Type
8.3.6.3.4 Market size and forecast, by Battery Capacity
8.3.6.3.5 Market size and forecast, by Range
8.3.6.4 Russia
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by Propulsion
8.3.6.4.3 Market size and forecast, by Vehicle Type
8.3.6.4.4 Market size and forecast, by Battery Capacity
8.3.6.4.5 Market size and forecast, by Range
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by Propulsion
8.3.6.5.3 Market size and forecast, by Vehicle Type
8.3.6.5.4 Market size and forecast, by Battery Capacity
8.3.6.5.5 Market size and forecast, by Range
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Propulsion
8.4.3 Asia-Pacific Market size and forecast, by Vehicle Type
8.4.4 Asia-Pacific Market size and forecast, by Battery Capacity
8.4.5 Asia-Pacific Market size and forecast, by Range
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by Propulsion
8.4.6.1.3 Market size and forecast, by Vehicle Type
8.4.6.1.4 Market size and forecast, by Battery Capacity
8.4.6.1.5 Market size and forecast, by Range
8.4.6.2 India
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by Propulsion
8.4.6.2.3 Market size and forecast, by Vehicle Type
8.4.6.2.4 Market size and forecast, by Battery Capacity
8.4.6.2.5 Market size and forecast, by Range
8.4.6.3 Japan
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by Propulsion
8.4.6.3.3 Market size and forecast, by Vehicle Type
8.4.6.3.4 Market size and forecast, by Battery Capacity
8.4.6.3.5 Market size and forecast, by Range
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by Propulsion
8.4.6.4.3 Market size and forecast, by Vehicle Type
8.4.6.4.4 Market size and forecast, by Battery Capacity
8.4.6.4.5 Market size and forecast, by Range
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by Propulsion
8.4.6.5.3 Market size and forecast, by Vehicle Type
8.4.6.5.4 Market size and forecast, by Battery Capacity
8.4.6.5.5 Market size and forecast, by Range
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Propulsion
8.5.3 LAMEA Market size and forecast, by Vehicle Type
8.5.4 LAMEA Market size and forecast, by Battery Capacity
8.5.5 LAMEA Market size and forecast, by Range
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by Propulsion
8.5.6.1.3 Market size and forecast, by Vehicle Type
8.5.6.1.4 Market size and forecast, by Battery Capacity
8.5.6.1.5 Market size and forecast, by Range
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by Propulsion
8.5.6.2.3 Market size and forecast, by Vehicle Type
8.5.6.2.4 Market size and forecast, by Battery Capacity
8.5.6.2.5 Market size and forecast, by Range
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by Propulsion
8.5.6.3.3 Market size and forecast, by Vehicle Type
8.5.6.3.4 Market size and forecast, by Battery Capacity
8.5.6.3.5 Market size and forecast, by Range

CHAPTER 9: COMPETITIVE LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Top player positioning, 2021

CHAPTER 10: COMPANY PROFILES
10.1 Tata Motors
10.1.1 Company overview
10.1.2 Key Executives
10.1.3 Company snapshot
10.1.4 Operating business segments
10.1.5 Product portfolio
10.1.6 Business performance
10.1.7 Key strategic moves and developments
10.2 NFI Group Inc.
10.2.1 Company overview
10.2.2 Key Executives
10.2.3 Company snapshot
10.2.4 Operating business segments
10.2.5 Product portfolio
10.2.6 Business performance
10.2.7 Key strategic moves and developments
10.3 Proterra
10.3.1 Company overview
10.3.2 Key Executives
10.3.3 Company snapshot
10.3.4 Operating business segments
10.3.5 Product portfolio
10.3.6 Business performance
10.3.7 Key strategic moves and developments
10.4 MAN SE
10.4.1 Company overview
10.4.2 Key Executives
10.4.3 Company snapshot
10.4.4 Operating business segments
10.4.5 Product portfolio
10.4.6 Business performance
10.4.7 Key strategic moves and developments
10.5 BYD Company Ltd
10.5.1 Company overview
10.5.2 Key Executives
10.5.3 Company snapshot
10.5.4 Operating business segments
10.5.5 Product portfolio
10.5.6 Business performance
10.5.7 Key strategic moves and developments
10.6 Daimler AG
10.6.1 Company overview
10.6.2 Key Executives
10.6.3 Company snapshot
10.6.4 Operating business segments
10.6.5 Product portfolio
10.6.6 Business performance
10.6.7 Key strategic moves and developments
10.7 Scania
10.7.1 Company overview
10.7.2 Key Executives
10.7.3 Company snapshot
10.7.4 Operating business segments
10.7.5 Product portfolio
10.7.6 Business performance
10.7.7 Key strategic moves and developments
10.8 AB Volvo
10.8.1 Company overview
10.8.2 Key Executives
10.8.3 Company snapshot
10.8.4 Operating business segments
10.8.5 Product portfolio
10.8.6 Business performance
10.8.7 Key strategic moves and developments
10.9 VDL Groep BV
10.9.1 Company overview
10.9.2 Key Executives
10.9.3 Company snapshot
10.9.4 Operating business segments
10.9.5 Product portfolio
10.9.6 Business performance
10.9.7 Key strategic moves and developments
10.10 Dongfeng Motor Company
10.10.1 Company overview
10.10.2 Key Executives
10.10.3 Company snapshot
10.10.4 Operating business segments
10.10.5 Product portfolio
10.10.6 Business performance
10.10.7 Key strategic moves and developments

List of Tables
Table 1. Global Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 2. Electric Commercial Vehicle Market for Battery Electric Vehicle (Bev), by Region, 2021-2031 (Revenue, $Million)
Table 3. Electric Commercial Vehicle Market for Fuel Cell Electric Vehicle (Fcev), by Region, 2021-2031 (Revenue, $Million)
Table 4. Electric Commercial Vehicle Market for Plug-In Hybrid Electric Vehicle (Phev), by Region, 2021-2031 (Revenue, $Million)
Table 5. Global Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 6. Electric Commercial Vehicle Market for Light Duty Trucks, by Region, 2021-2031 (Revenue, $Million)
Table 7. Electric Commercial Vehicle Market for Medium Duty Trucks, by Region, 2021-2031 (Revenue, $Million)
Table 8. Electric Commercial Vehicle Market for Heavy Duty Trucks, by Region, 2021-2031 (Revenue, $Million)
Table 9. Electric Commercial Vehicle Market for Buses, by Region, 2021-2031 (Revenue, $Million)
Table 10. Global Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 11. Electric Commercial Vehicle Market for Less Than 50 Kwh, by Region, 2021-2031 (Revenue, $Million)
Table 12. Electric Commercial Vehicle Market for 50 to 250 Kwh, by Region, 2021-2031 (Revenue, $Million)
Table 13. Electric Commercial Vehicle Market for Above 250 Kwh, by Region, 2021-2031 (Revenue, $Million)
Table 14. Global Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 15. Electric Commercial Vehicle Market for Less Than 150 Mile, by Region, 2021-2031 (Revenue, $Million)
Table 16. Electric Commercial Vehicle Market for 150 to 300 Mile, by Region, 2021-2031 (Revenue, $Million)
Table 17. Electric Commercial Vehicle Market for Above 300 Mile, by Region, 2021-2031 (Revenue, $Million)
Table 18. Electric Commercial Vehicle Market, by Region, 2021-2031 (Revenue, $Million)
Table 19. North America Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 20. North America Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 21. North America Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 22. North America Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 23. North America Electric Commercial Vehicle Market, by Country, 2021-2031 (Revenue, $Million)
Table 24. U.S. Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 25. U.S. Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 26. U.S. Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 27. U.S. Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 28. Canada Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 29. Canada Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 30. Canada Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 31. Canada Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 32. Mexico Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 33. Mexico Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 34. Mexico Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 35. Mexico Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 36. Europe Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 37. Europe Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 38. Europe Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 39. Europe Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 40. Europe Electric Commercial Vehicle Market, by Country, 2021-2031 (Revenue, $Million)
Table 41. UK Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 42. UK Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 43. UK Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 44. UK Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 45. Germany Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 46. Germany Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 47. Germany Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 48. Germany Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 49. France Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 50. France Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 51. France Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 52. France Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 53. Russia Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 54. Russia Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 55. Russia Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 56. Russia Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 57. Rest of Europe Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 58. Rest of Europe Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 59. Rest of Europe Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 60. Rest of Europe Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 61. Asia-Pacific Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 62. Asia-Pacific Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 63. Asia-Pacific Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 64. Asia-Pacific Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 65. Asia-Pacific Electric Commercial Vehicle Market, by Country, 2021-2031 (Revenue, $Million)
Table 66. China Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 67. China Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 68. China Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 69. China Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 70. India Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 71. India Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 72. India Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 73. India Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 74. Japan Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 75. Japan Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 76. Japan Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 77. Japan Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 78. South Korea Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 79. South Korea Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 80. South Korea Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 81. South Korea Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 82. Rest of Asia-Pacific Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 83. Rest of Asia-Pacific Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 84. Rest of Asia-Pacific Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 85. Rest of Asia-Pacific Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 86. LAMEA Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 87. LAMEA Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 88. LAMEA Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 89. LAMEA Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 90. LAMEA Electric Commercial Vehicle Market, by Country, 2021-2031 (Revenue, $Million)
Table 91. Latin America Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 92. Latin America Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 93. Latin America Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 94. Latin America Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 95. Middle East Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 96. Middle East Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 97. Middle East Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 98. Middle East Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 99. Africa Electric Commercial Vehicle Market, by Propulsion, 2021-2031 (Revenue, $Million)
Table 100. Africa Electric Commercial Vehicle Market, by Vehicle Type, 2021-2031 (Revenue, $Million)
Table 101. Africa Electric Commercial Vehicle Market, by Battery Capacity, 2021-2031 (Revenue, $Million)
Table 102. Africa Electric Commercial Vehicle Market, by Range, 2021-2031 (Revenue, $Million)
Table 103. Tata Motors: Key Executives
Table 104. Tata Motors: Company Snapshot
Table 105. Tata Motors: Operating Segments
Table 106. Tata Motors: Product Portfolio
Table 107. Tata Motors: Net Sales
Table 108. Tata Motors: Key Stratergies
Table 109. Nfi Group Inc.: Key Executives
Table 110. Nfi Group Inc.: Company Snapshot
Table 111. Nfi Group Inc.: Operating Segments
Table 112. Nfi Group Inc.: Product Portfolio
Table 113. Nfi Group Inc.: Net Sales
Table 114. Nfi Group Inc.: Key Stratergies
Table 115. Proterra: Key Executives
Table 116. Proterra: Company Snapshot
Table 117. Proterra: Operating Segments
Table 118. Proterra: Product Portfolio
Table 119. Proterra: Net Sales
Table 120. Proterra: Key Stratergies
Table 121. Man Se: Key Executives
Table 122. Man Se: Company Snapshot
Table 123. Man Se: Operating Segments
Table 124. Man Se: Product Portfolio
Table 125. Man Se: Net Sales
Table 126. Man Se: Key Stratergies
Table 127. Byd Company Ltd: Key Executives
Table 128. Byd Company Ltd: Company Snapshot
Table 129. Byd Company Ltd: Operating Segments
Table 130. Byd Company Ltd: Product Portfolio
Table 131. Byd Company Ltd: Net Sales
Table 132. Byd Company Ltd: Key Stratergies
Table 133. Daimler Ag: Key Executives
Table 134. Daimler Ag: Company Snapshot
Table 135. Daimler Ag: Operating Segments
Table 136. Daimler Ag: Product Portfolio
Table 137. Daimler Ag: Net Sales
Table 138. Daimler Ag: Key Stratergies
Table 139. Scania: Key Executives
Table 140. Scania: Company Snapshot
Table 141. Scania: Operating Segments
Table 142. Scania: Product Portfolio
Table 143. Scania: Net Sales
Table 144. Scania: Key Stratergies
Table 145. Ab Volvo: Key Executives
Table 146. Ab Volvo: Company Snapshot
Table 147. Ab Volvo: Operating Segments
Table 148. Ab Volvo: Product Portfolio
Table 149. Ab Volvo: Net Sales
Table 150. Ab Volvo: Key Stratergies
Table 151. Vdl Groep Bv: Key Executives
Table 152. Vdl Groep Bv: Company Snapshot
Table 153. Vdl Groep Bv: Operating Segments
Table 154. Vdl Groep Bv: Product Portfolio
Table 155. Vdl Groep Bv: Net Sales
Table 156. Vdl Groep Bv: Key Stratergies
Table 157. Dongfeng Motor Company: Key Executives
Table 158. Dongfeng Motor Company: Company Snapshot
Table 159. Dongfeng Motor Company: Operating Segments
Table 160. Dongfeng Motor Company: Product Portfolio
Table 161. Dongfeng Motor Company: Net Sales
Table 162. Dongfeng Motor Company: Key Stratergies

List of Figures
Figure 1. Segmentation of Electric Commercial Vehicle Market, 2021-2031
Figure 2. Electric Commercial Vehicle Market, 2021-2031
Figure 3. Top Investment Pockets, by Region
Figure 4. Porter Five-1
Figure 5. Porter Five-2
Figure 6. Porter Five-3
Figure 7. Porter Five-4
Figure 8. Porter Five-5
Figure 9. Electric Commercial Vehicle Market: Drivers, Restraints and Opportunities
Figure 10. Electric Commercial Vehicle Market, by Propulsion, 2021 (%)
Figure 11. Comparative Share Analysis of Battery Electric Vehicle (Bev) Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 12. Comparative Share Analysis of Fuel Cell Electric Vehicle (Fcev) Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 13. Comparative Share Analysis of Plug-In Hybrid Electric Vehicle (Phev) Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 14. Electric Commercial Vehicle Market, by Vehicle Type, 2021 (%)
Figure 15. Comparative Share Analysis of Light Duty Trucks Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 16. Comparative Share Analysis of Medium Duty Trucks Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 17. Comparative Share Analysis of Heavy Duty Trucks Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 18. Comparative Share Analysis of Buses Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 19. Electric Commercial Vehicle Market, by Battery Capacity, 2021 (%)
Figure 20. Comparative Share Analysis of Less Than 50 Kwh Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 21. Comparative Share Analysis of 50 to 250 Kwh Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 22. Comparative Share Analysis of Above 250 Kwh Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 23. Electric Commercial Vehicle Market, by Range, 2021 (%)
Figure 24. Comparative Share Analysis of Less Than 150 Mile Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 25. Comparative Share Analysis of 150 to 300 Mile Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 26. Comparative Share Analysis of Above 300 Mile Electric Commercial Vehicle Market, 2021 and 2031 (%)
Figure 27. Electric Commercial Vehicle Market by Region, 2021
Figure 28. U.S. Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 29. Canada Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 30. Mexico Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 31. UK Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 32. Germany Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 33. France Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 34. Russia Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 36. China Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 37. India Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 38. Japan Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 39. South Korea Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 41. Latin America Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 42. Middle East Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 43. Africa Electric Commercial Vehicle Market, 2021-2031 ($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Top Player Positioning, 2021
Figure 51. Tata Motors.: Net Sales ($Million)
Figure 52. Nfi Group Inc..: Net Sales ($Million)
Figure 53. Proterra.: Net Sales ($Million)
Figure 54. Man Se.: Net Sales ($Million)
Figure 55. Byd Company Ltd.: Net Sales ($Million)
Figure 56. Daimler Ag.: Net Sales ($Million)
Figure 57. Scania.: Net Sales ($Million)
Figure 58. Ab Volvo.: Net Sales ($Million)
Figure 59. Vdl Groep Bv.: Net Sales ($Million)
Figure 60. Dongfeng Motor Company.: Net Sales ($Million)

Executive Summary

The Electric Commercial Vehicle Market is expected to experience a significant growth rate of 29.9% from 2022-2031 owing to the rising number of electric buses globally.

An electric commercial vehicle powered by an electric motor instead of an internal combustion engine produces electricity by burning a mixture of fuel and gas. Such vehicles are therefore believed to have the potential to replace the current generation of automobiles to address issues such as increasing environmental pollution, global warming, and depletion of natural resources.

The major drivers for the market growth are the rise in investments by developing and developed nations to adopt zero-emission vehicles is anticipated to propel the growth of the electric commercial vehicle market during the forecast period. In addition, the use of artificial intelligence (AI) in electric commercial vehicles is an important and growing trend. AI algorithms and controllers provide realistic range estimates, help optimize energy savings in electric vehicles, and ultimately help extend range which supports the market expansion during the forecast period. For instance, in September 2021, Hyundai Motor Group and Apertiv combined technical know-how and practical experience to develop autonomous driving technology. Furthermore, factors such as bus manufacturers signing contracts to provide operation and maintenance of electric buses in the developed region and government support for the purchase of electric buses will drive the growth of the electric commercial vehicle market during the forecast period. For instance, in July 2020, AB Volvo and the Public Transport Authority of Western Australia (PTA) entered into a partnership to bring Volvo’s first ever Electric Buses to Australia. Four Volvo Electric Buses will be delivered to the PTA as part of the existing 900 Bus Supply Agreement between Volvo and Transperth, which was signed in March 2019.

The market offers growth opportunities to the key players in the market. The increasing need for transportation mediums for rural and semi-urban areas has gained high traction in the last 10 years. The demand for heavy-duty trucks in rural and semi-rural areas of Asian and African countries is gaining for a purpose of transportation. In addition, companies are integrating multiple uses of heavy-duty trucks in rural and backward areas of the county. Truck manufacturers are in product launch with advancement in many areas of African countries providing growth opportunities to the market during the projected year. For instance, in August 2022, SMT Ghana, the official distributor of Volvo Construction Equipment, Volvo Trucks, and Volvo Penta in Ghana, held a grand ceremony in Accra to launch four new Volvo heavy-duty truck ranges.

The electric commercial vehicle market is segmented into propulsion, vehicle type, battery capacity, range, and region. By propulsion type, it is divided into the Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), and Plug-in Hybrid Electric Vehicle (PHEV). By vehicle type, it is categorized into light-duty trucks, medium-duty trucks, heavy-duty trucks, and buses. By battery capacity, it is classified into less than 50 kWh, 50-250 kWh, and above 250 kWh. By range, it is fragmented into less than 150 miles, 150-300 miles, and above 300 miles. By region, it is analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and the Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and the Rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

The key players profiled in the study include AB Volvo, BYD Company Ltd., Daimler Trucks, Dongfeng Motor Company, NFI Group Inc., Man SE, Proterra, Scania, Tata Motors, and VDL GROEP BV. The players in the market have been actively engaged in the adoption of various strategies such as have adopted partnerships, investments, and product launches to remain competitive and gain an advantage over the competitors in the market. For instance, in June 2022, Scania introduced new electric trucks with 624 kWh of batteries. The charging capability of the electrified trucks is up to 375 kW, which means that an hour of charging will add some 270 to 300 km of range. The production of the next-gen Scania trucks will commence in Q4 2023. Therefore, the adoption of vehicles ranging between 150 to 300 Miles is anticipated to drive the segment’s growth during the forecast period.

Key Market Insights

• By propulsion, the battery electric vehicle (BEV) segment was the highest revenue contributor to the market and is estimated to dominate the market during the forecast period.
• By vehicle type, the buses segment was the highest revenue contributor to the market in 2021 and is estimated to capture the highest revenue during the forecast period.
• By battery capacity, the 50 to 250 k
• Wh segment dominated the global market in 2021, and distributed area network is estimated to capture the highest market share during the forecast period.
• By range, the 150 to 300 Mile segment dominated the global market in 2021 and is estimated to dominate the market share during the forecast period.
• By region, Asia-Pacific was the highest revenue contributor, accounting for the largest market share in 2021, and is estimated to grow with a significant CAGR during the forecast period.

Companies Mentioned

• Tata Motors
• NFI Group Inc.
• Proterra
• MAN SE
• BYD Company Ltd
• Daimler AG
• Scania
• AB Volvo
• VDL Groep BV
• Dongfeng Motor Company

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.