Electric Commercial Vehicle - Global Market Outlook (2019-2027)

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Electric Commercial Vehicle - Global Market Outlook (2019-2027)

Global Electric Commercial Vehicle market is accounted for $629.85 billion in 2019 and is expected to reach $629.85 billion by 2027 growing at a CAGR of 38.0% during the forecast period. Increased focus of government on electrification of public transport fleets, rising awareness about environment-friendly vehicles, and increase in demand for zero-emission vehicles in the eCommerce and logistics sector are the major factors driving the market growth. However, the high development cost of vehicles, the limited amount of capacity of batteries, and the deficiencies in charging infrastructure are restraining the market growth.

An electric commercial vehicle is an automobile that can be driven by one or more motors operated by electricity. Electric commercial vehicles are used for transportation that helps to reduce greenhouse gas releases and pollution. These vehicles are electrically powered, self-propelled, and work with the help of both electric motors working in tandem. Electric commercial vehicles are used for the delivery of goods and transport and have the potential to significantly reduce per-mile operational and maintenance costs.

Based on the vehicle type, the electric van segment is going to have high growth during the forecast period due to the high demand and usage of electric vans in the logistics and e-commerce sectors that would minimize the cost of transportation. Many leading logistics companies in developed countries have started using electric vans for shipping and delivery purposes. By geography, North America is going to have lucrative growth during the forecast period due to the high acceptance of electric vans and the large order of electric pick-up trucks. The region has seen a rise in demand for low-emission and fuel-efficient vehicles due to strict emission standards and the increasing logistics sector and the presence of supporting infrastructures, such as free charging stations and parking allotments.

Some of the key players profiled in the Electric Commercial Vehicle Market include Daimler AG, Ford Motor Co., Honda,  Hydrogenics,  Hyundai Motor Co., Mitsubishi Electric, Navistar International Corp. , Nissan Motor Co. Ltd., Panasonic, Plug Power, Samsung SDI, Tata Motors Ltd., Tesla Inc.,  Toshiba, and Toyota Motor Corp. 
 
Components Covered:
• Electric Motor
• Electric Vehicle (EV) Battery
• Hydrogen Fuel Cell 

Ranges Covered:
• 0-150 Miles
• 151-250 Miles
• 251-500 Miles
• 500 Miles & Above   

Lengths of Buses Covered:
• Less than 9m
• 9-14m
• Above 14m  

Propulsion Types Covered:
• Plug in Hybrid Electric Vehicle (PHEV)
• Fuel Cell Electric Vehicle (FCEV)
• Battery Electric Vehicle (BEV)
• Hybrid Electric Vehicle (HEV) 

Vehicle Types Covered:
• Electric Bus
• Electric Truck (Medium and Heavy Duty Trucks)
• Electric Pick-Up Truck
• Electric Van

Products Covered:
• Light Commercial Vehicles (LCVs)
• Medium Commercial Vehicles
• Heavy Commercial Vehicles

Battery Capacities Covered:
• Less than 50 kWh
• 50−250 kWh
• Above 250 kWh

Power Outputs Covered:
• Less than 100 KW
• 100−250 KW
• Above 250 KW

Applications Covered:
• Commercial
• Private
• Cargo
• Passenger Transport

Battery Types Covered:
• Lithium-Iron-Phosphate (LFP)
• Lithium-Nickel-Manganese-Cobalt Oxide (NMC)

Autonomous Vehicles Covered:
• Electric Autonomous Truck
• Electric Autonomous Bus

Charging Infrastructures Covered:
• Pantograph
• Plug-In
• Inductive

Haulages Covered:
• Urban
• Regional
• Long-Haul Cycles

End Users Covered:
• Last Mile Delivery
• Distribution Service
• Field Service
• Refuse Service
• Long Haul Transportation

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary        
         
2 Preface        
 2.1 Abstract       
 2.2 Stake Holders       
 2.3 Research Scope       
 2.4 Research Methodology       
  2.4.1 Data Mining      
  2.4.2 Data Analysis      
  2.4.3 Data Validation      
  2.4.4 Research Approach      
 2.5 Research Sources       
  2.5.1 Primary Research Sources      
  2.5.2 Secondary Research Sources      
  2.5.3 Assumptions      
         
3 Market Trend Analysis        
 3.1 Introduction       
 3.2 Drivers       
 3.3 Restraints       
 3.4 Opportunities       
 3.5 Threats       
 3.6 Application Analysis       
 3.7 Product Analysis       
 3.8 End User Analysis       
 3.9 Emerging Markets       
 3.10 Impact of Covid-19       
         
4 Porters Five Force Analysis        
 4.1 Bargaining power of suppliers       
 4.2 Bargaining power of buyers       
 4.3 Threat of substitutes       
 4.4 Threat of new entrants       
 4.5 Competitive rivalry       
         
5 Global Electric Commercial Vehicle Market, By Component        
 5.1 Introduction       
 5.2 Electric Motor       
 5.3 Electric Vehicle (EV) Battery       
 5.4 Hydrogen Fuel Cell       
         
6 Global Electric Commercial Vehicle Market, By Range        
 6.1 Introduction       
 6.2 0-150 Miles       
 6.3 151-250 Miles       
 6.4 251-500 Miles       
 6.5 500 Miles & Above        
         
7 Global Electric Commercial Vehicle Market, By Length of Bus        
 7.1 Introduction       
 7.2 Less than 9m       
 7.3 9-14m       
 7.4 Above 14m       
         
8 Global Electric Commercial Vehicle Market, By Propulsion Type        
 8.1 Introduction       
 8.2 Plug in Hybrid Electric Vehicle (PHEV)       
 8.3 Fuel Cell Electric Vehicle (FCEV)       
 8.4 Battery Electric Vehicle (BEV)       
 8.5 Hybrid Electric Vehicle (HEV)       
         
9 Global Electric Commercial Vehicle Market, By Vehicle Type        
 9.1 Introduction       
 9.2 Electric Bus       
 9.3 Electric Truck       
 9.4 Electric Pick-Up Truck       
 9.5 Electric Van       
         
10 Global Electric Commercial Vehicle Market, By Product        
 10.1 Introduction       
 10.2 Light Commercial Vehicles (LCVs)       
 10.3 Medium Commercial Vehicles       
 10.4 Heavy Commercial Vehicles        
         
11 Global Electric Commercial Vehicle Market, By Battery Capacity        
 11.1 Introduction       
 11.2 Less than 50 kWh       
 11.3 50−250 kWh       
 11.4 Above 250 kWh       
         
12 Global Electric Commercial Vehicle Market, By Power Output        
 12.1 Introduction       
 12.2 Less than 100 KW       
 12.3 100−250 KW       
 12.4 Above 250 KW       
         
13 Global Electric Commercial Vehicle Market, By Application        
 13.1 Introduction       
 13.2 Commercial       
 13.3 Private       
 13.4 Cargo       
 13.5 Passenger Transport       
         
14 Global Electric Commercial Vehicle Market, By Battery Type        
 14.1 Introduction       
 14.2 Lithium-Iron-Phosphate (LFP)       
 14.3 Lithium-Nickel-Manganese-Cobalt Oxide (NMC)       
         
15 Global Electric Commercial Vehicle Market, By Autonomous Vehicles        
 15.1 Introduction       
 15.2 Electric Autonomous Truck       
 15.3 Electric Autonomous Bus       
         
16 Global Electric Commercial Vehicle Market, By Charging Infrastructure        
 16.1 Introduction       
 16.2 Pantograph       
 16.3 Plug-In       
 16.4 Inductive       
         
17 Global Electric Commercial Vehicle Market, By Haulage        
 17.1 Introduction       
 17.2 Urban       
 17.3 Regional       
 17.4 Long-Haul Cycles       
         
18 Global Electric Commercial Vehicle Market, By End User        
 18.1 Introduction       
 18.2 Last Mile Delivery       
 18.3 Distribution Service       
 18.4 Field Service       
 18.5 Refuse Service       
 18.6 Long Haul Transportation       
         
19 Global Electric Commercial Vehicle Market, By Geography        
 19.1 Introduction       
 19.2 North America       
  19.2.1 US      
  19.2.2 Canada      
  19.2.3 Mexico      
 19.3 Europe       
  19.3.1 Germany      
  19.3.2 UK      
  19.3.3 Italy      
  19.3.4 France      
  19.3.5 Spain      
  19.3.6 Rest of Europe      
 19.4 Asia Pacific       
  19.4.1 Japan      
  19.4.2 China      
  19.4.3 India      
  19.4.4 Australia      
  19.4.5 New Zealand      
  19.4.6 South Korea      
  19.4.7 Rest of Asia Pacific      
 19.5 South America       
  19.5.1 Argentina      
  19.5.2 Brazil      
  19.5.3 Chile      
  19.5.4 Rest of South America      
 19.6 Middle East & Africa       
  19.6.1 Saudi Arabia      
  19.6.2 UAE      
  19.6.3 Qatar      
  19.6.4 South Africa      
  19.6.5 Rest of Middle East & Africa      
         
20 Key Developments        
 20.1 Agreements, Partnerships, Collaborations and Joint Ventures       
 20.2 Acquisitions & Mergers       
 20.3 New Product Launch       
 20.4 Expansions       
 20.5 Other Key Strategies       
         
21 Company Profiling        
 21.1 Daimler AG       
 21.2 Ford Motor Co.       
 21.3 Honda       
 21.4 Hydrogenics       
 21.5 Hyundai Motor Co.       
 21.6 Mitsubishi Electric       
 21.7 Navistar International Corp.       
 21.8 Nissan Motor Co. Ltd.       
 21.9 Panasonic       
 21.10 Plug Power       
 21.11 Samsung SDI       
 21.12 Tata Motors Ltd.       
 21.13 Tesla Inc.       
 21.14 Toshiba       
 21.15 Toyota Motor Corp.       

 

Electric Commercial Vehicle - Global Market Outlook (2019-2027)

List of Tables         
Table 1 Global Electric Commercial Vehicle Market Outlook, By Region (2018-2027) (US $MN)         
Table 2 Global Electric Commercial Vehicle Market Outlook, By Component (2018-2027) (US $MN)        
Table 3 Global Electric Commercial Vehicle Market Outlook, By Electric Motor (2018-2027) (US $MN)        
Table 4 Global Electric Commercial Vehicle Market Outlook, By Electric Vehicle (EV) Battery (2018-2027) (US $MN)        
Table 5 Global Electric Commercial Vehicle Market Outlook, By Hydrogen Fuel Cell (2018-2027) (US $MN)        
Table 6 Global Electric Commercial Vehicle Market Outlook, By Range (2018-2027) (US $MN)        
Table 7 Global Electric Commercial Vehicle Market Outlook, By 0-150 Miles (2018-2027) (US $MN)        
Table 8 Global Electric Commercial Vehicle Market Outlook, By 151-250 Miles (2018-2027) (US $MN)        
Table 9 Global Electric Commercial Vehicle Market Outlook, By 251-500 Miles (2018-2027) (US $MN)        
Table 10 Global Electric Commercial Vehicle Market Outlook, By 500 Miles & Above  (2018-2027) (US $MN)        
Table 11 Global Electric Commercial Vehicle Market Outlook, By Length of Bus (2018-2027) (US $MN)        
Table 12 Global Electric Commercial Vehicle Market Outlook, By Less than 9m (2018-2027) (US $MN)        
Table 13 Global Electric Commercial Vehicle Market Outlook, By 9-14m (2018-2027) (US $MN)        
Table 14 Global Electric Commercial Vehicle Market Outlook, By Above 14m (2018-2027) (US $MN)        
Table 15 Global Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2027) (US $MN)        
Table 16 Global Electric Commercial Vehicle Market Outlook, By Plug in Hybrid Electric Vehicle (PHEV) (2018-2027) (US $MN)        
Table 17 Global Electric Commercial Vehicle Market Outlook, By Fuel Cell Electric Vehicle (FCEV) (2018-2027) (US $MN)        
Table 18 Global Electric Commercial Vehicle Market Outlook, By Battery Electric Vehicle (BEV) (2018-2027) (US $MN)        
Table 19 Global Electric Commercial Vehicle Market Outlook, By Hybrid Electric Vehicle (HEV) (2018-2027) (US $MN)        
Table 20 Global Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2027) (US $MN)        
Table 21 Global Electric Commercial Vehicle Market Outlook, By Electric Bus (2018-2027) (US $MN)        
Table 22 Global Electric Commercial Vehicle Market Outlook, By Electric Truck (2018-2027) (US $MN)        
Table 23 Global Electric Commercial Vehicle Market Outlook, By Electric Pick-Up Truck (2018-2027) (US $MN)        
Table 24 Global Electric Commercial Vehicle Market Outlook, By Electric Van (2018-2027) (US $MN)        
Table 25 Global Electric Commercial Vehicle Market Outlook, By Product (2018-2027) (US $MN)        
Table 26 Global Electric Commercial Vehicle Market Outlook, By Light Commercial Vehicles (LCVs) (2018-2027) (US $MN)        
Table 27 Global Electric Commercial Vehicle Market Outlook, By Medium Commercial Vehicles (2018-2027) (US $MN)        
Table 28 Global Electric Commercial Vehicle Market Outlook, By Heavy Commercial Vehicles  (2018-2027) (US $MN)        
Table 29 Global Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2027) (US $MN)        
Table 30 Global Electric Commercial Vehicle Market Outlook, By Less than 50 kWh (2018-2027) (US $MN)        
Table 31 Global Electric Commercial Vehicle Market Outlook, By 50−250 kWh (2018-2027) (US $MN)        
Table 32 Global Electric Commercial Vehicle Market Outlook, By Above 250 kWh (2018-2027) (US $MN)        
Table 33 Global Electric Commercial Vehicle Market Outlook, By Power Output (2018-2027) (US $MN)        
Table 34 Global Electric Commercial Vehicle Market Outlook, By Less than 100 KW (2018-2027) (US $MN)        
Table 35 Global Electric Commercial Vehicle Market Outlook, By 100−250 KW (2018-2027) (US $MN)        
Table 36 Global Electric Commercial Vehicle Market Outlook, By Above 250 KW (2018-2027) (US $MN)        
Table 37 Global Electric Commercial Vehicle Market Outlook, By Application (2018-2027) (US $MN)        
Table 38 Global Electric Commercial Vehicle Market Outlook, By Commercial (2018-2027) (US $MN)        
Table 39 Global Electric Commercial Vehicle Market Outlook, By Private (2018-2027) (US $MN)        
Table 40 Global Electric Commercial Vehicle Market Outlook, By Cargo (2018-2027) (US $MN)        
Table 41 Global Electric Commercial Vehicle Market Outlook, By Passenger Transport (2018-2027) (US $MN)        
Table 42 Global Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2027) (US $MN)        
Table 43 Global Electric Commercial Vehicle Market Outlook, By Lithium-Iron-Phosphate (LFP) (2018-2027) (US $MN)        
Table 44 Global Electric Commercial Vehicle Market Outlook, By Lithium-Nickel-Manganese-Cobalt Oxide (NMC) (2018-2027) (US $MN)        
Table 45 Global Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2027) (US $MN)        
Table 46 Global Electric Commercial Vehicle Market Outlook, By Electric Autonomous Truck (2018-2027) (US $MN)        
Table 47 Global Electric Commercial Vehicle Market Outlook, By Electric Autonomous Bus (2018-2027) (US $MN)        
Table 48 Global Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2027) (US $MN)        
Table 49 Global Electric Commercial Vehicle Market Outlook, By Pantograph (2018-2027) (US $MN)        
Table 50 Global Electric Commercial Vehicle Market Outlook, By Plug-In (2018-2027) (US $MN)        
Table 51 Global Electric Commercial Vehicle Market Outlook, By Inductive (2018-2027) (US $MN)        
Table 52 Global Electric Commercial Vehicle Market Outlook, By Haulage (2018-2027) (US $MN)        
Table 53 Global Electric Commercial Vehicle Market Outlook, By Urban (2018-2027) (US $MN)        
Table 54 Global Electric Commercial Vehicle Market Outlook, By Regional (2018-2027) (US $MN)        
Table 55 Global Electric Commercial Vehicle Market Outlook, By Long-Haul Cycles (2018-2027) (US $MN)        
Table 56 Global Electric Commercial Vehicle Market Outlook, By End User (2018-2027) (US $MN)        
Table 57 Global Electric Commercial Vehicle Market Outlook, By Last Mile Delivery (2018-2027) (US $MN)        
Table 58 Global Electric Commercial Vehicle Market Outlook, By Distribution Service (2018-2027) (US $MN)        
Table 59 Global Electric Commercial Vehicle Market Outlook, By Field Service (2018-2027) (US $MN)        
Table 60 Global Electric Commercial Vehicle Market Outlook, By Refuse Service (2018-2027) (US $MN)        
Table 61 Global Electric Commercial Vehicle Market Outlook, By Long Haul Transportation (2018-2027) (US $MN)        

 

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