Electric Commercial Vehicle Market Size, Share, Analysis Report

Electric Commercial Vehicle Market by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle Type (Bus, Truck, Pick-Up Truck and Van), Component, Range, Autonomous Vehicle, Charging Infrastructure, By Region Analysis - Global Forecast

The Electric Commercial Vehicle Market is expected to be around US$ 6.70 Billion by 2027 at a CAGR of 5.7%.

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MARKET SNAPSHOT

Major Players

  • Daimler
  • Tesla
  • Proterra
  • NISSAN
  • Proterra
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    5

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    The Electric Commercial Vehicle Market is expected to be around US$ 6.70 Billion by 2027 at a CAGR of 5.7%. 

    A heat exchanger could be a device designed to expeditiously exchange the heat from one medium to another at different temperatures. Heat exchangers like sigma plate and aluminium heat exchangers utilized in the automotive trade advantages the vehicles by cooling the machine coolants and playacting motor test stands, among others. Grow at a major rate because of a rise in demand for automotive parts in engineering industrial and business applications. Growing HVAC usage, particularly in an automotive, residential building, is anticipated to drive the market.

    They are extensively employed in industrial oil coolers, transmission, and engine coolers, chilled water systems, evaporators in refrigeration systems and condensers. These applications incur an extreme loss of energy at the time of transfer of heat. The industry is predicted to witness a rise within the adoption of energy-saving instrumentality owes to rise within the price of energy.

    Global Electric Commercial Vehicle Market is segmented based on the propulsion type as BEV, HEV, PHEV and FCEV. The report segments global Electric Commercial Vehicle Market based on vehicle type as Bus, Truck, Van and Pick-up Trucks. Based on range it covers 0-150 Miles, 151-250 Miles, 251-500 Miles and 500 Miles & Above. Based on component it covers Electric Motor, EV Battery and Hydrogen Fuel Cell. Global Electric Commercial Vehicle Market report covers various regions including North America, Europe, Asia Pacific, and Rest of World. The regional Electric Commercial Vehicle Market is further bifurcated for major countries including U.S., Canada, Germany, UK, France, Italy, China, India, Japan, Brazil, South Africa and others.

    Competitive Rivalry

    Global Electric Commercial Vehicle Market share consists of several players including Daimler, Tesla, Proterra, NISSAN, BYD, Proterra, Honda, Hyundai, LG Chem, ABB etc.

    The Electric Commercial Vehicle Market has been segmented as below:

    Electric Commercial Vehicle Market, By Propulsion System

    • BEV
    • HEV
    • PHEV
    • FCEV

    Electric Commercial Vehicle Market, By Vehicle Type

    • Bus
    • Truck
    • Van
    • Pick-up Trucks

    Electric Commercial Vehicle Market, By Range

    • 0-150 Miles
    • 151-250 Miles
    • 251-500 Miles
    • 500 Miles & Above

    Electric Commercial Vehicle Market, By Component

    • Electric Motor
    • EV Battery
    • Hydrogen Fuel Cell

    Electric Commercial Vehicle Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    The report covers:

    • Global Electric Commercial Vehicle Market estimates & forecast from 2018 to 2027, along with CAGR for 2022-2027
    • Comparative market size analysis for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
    • Global Electric Commercial Vehicle Market trends, with detailed analysis on consumer trends & manufacturer trends
    • Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors
    • Key areas of investments identifying market opportunities and challenges in forecast timeframe
    • Competitive analysis of the industry players along with the overview on strategic management
    • Comprehensive company profiles of the major industry players

    Report scope:

    The global Electric Commercial Vehicle Market report covers detailed study with the underlying influencing factors for the variations in the industry growth trends.

    The report scope includes market analysis on regional as well as country level. The report also provides competitive landscape covering company market shares with detailed profiling for major revenue contributing companies. 

    The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Daimler, Tesla, Proterra, NISSAN, BYD, Proterra, Honda, Hyundai, LG Chem, ABB etc.

    Reasons to Buy this Report:

    • Gain comprehensive insights on the industry trends
    • Identify industry opportunities and key growth segments
    • Obtain complete market study on the Electric Commercial Vehicle Market
    • Facilitate strategy planning for your company based on the industry dynamics
    • Evaluate your competitor’s business segments and portfolios

    Customization:

    Customized report as per the requirement can be offered with appropriate recommendations

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    1.    Introduction
        1.1.    Key Points
        1.2.    Report Description
        1.3.    Markets Covered
        1.4.    Stakeholders

    2.    Research Methodology
        2.1.    Research Scope
        2.2.    Research Methodology
            2.2.1.    Market Research Process
            2.2.2.    Research Methodology
                2.2.2.1.    Secondary Research
                2.2.2.2.    Primary Research
                2.2.2.3.    Models for Estimation
        2.3.    Market Size Estimation
            2.3.1.    Bottom-Up Approach
            2.3.2.    Top-Down Approach

    3.    Executive Summary

    4.    Market Overview
        4.1.    Introduction
        4.2.    Drivers
        4.3.    Restraints
        4.4.    Opportunities
        4.5.    Challenges

    5.    Electric Commercial Vehicle Market, By Propulsion Type
        5.1.    Key Points
        5.2.    BEV
        5.3.    HEV
        5.4.    PHEV
        5.5.    FCEV

    6.    Electric Commercial Vehicle Market, By Vehicle Type
        6.1.    Key Points
        6.2.    Bus
        6.3.    Truck
        6.4.    Van
        6.5.    Pick-up Trucks

    7.    Electric Commercial Vehicle Market, By Range
        7.1.    Key Points
        7.2.    0-150 Miles
        7.3.    151-250 Miles
        7.4.    251-500 Miles
        7.5.    500 Miles & Above

    8.    Electric Commercial Vehicle Market, By Component
        8.1.    Key Points
        8.2.    Electric Motor
        8.3.    EV Battery
        8.4.    Hydrogen Fuel Cell

    9.    Competitive Landscape
        9.1.    Introduction
        9.2.    Recent Developments
            9.2.1.    Mergers & Acquisitions
            9.2.2.    New Product Developments
            9.2.3.    Portfolio/Production Capacity Expansions
            9.2.4.    Joint Ventures, Collaborations, Partnerships & Agreements
            9.2.5.    Others

    10.    Company Profile
        10.1.    Tesla
            10.1.1.    Company Overview
            10.1.2.    Product/Service Landscape
            10.1.3.    Financial Overview
            10.1.4.    Recent Developments
        10.2.    Nissan
            10.2.1.    Company Overview
            10.2.2.    Product/Service Landscape
            10.2.3.    Financial Overview
            10.2.4.    Recent Developments
        10.3.    BYD
            10.3.1.    Company Overview
            10.3.2.    Product/Service Landscape
            10.3.3.    Financial Overview
            10.3.4.    Recent Developments
        10.4.    Daimler
            10.4.1.    Company Overview
            10.4.2.    Product/Service Landscape
            10.4.3.    Financial Overview
            10.4.4.    Recent Developments
        10.5.    Proterra
            10.5.1.    Company Overview
            10.5.2.    Product/Service Landscape
            10.5.3.    Financial Overview
            10.5.4.    Recent Developments
        10.6.    LG Chem
            10.6.1.    Company Overview
            10.6.2.    Product/Service Landscape
            10.6.3.    Financial Overview
            10.6.4.    Recent Developments
        10.7.    Samsung SDI
            10.7.1.    Company Overview
            10.7.2.    Product/Service Landscape
            10.7.3.    Financial Overview
            10.7.4.    Recent Developments
        10.8.    Panasonic
            10.8.1.    Company Overview
            10.8.2.    Product/Service Landscape
            10.8.3.    Financial Overview
            10.8.4.    Recent Developments
        10.9.    Delphi
            10.9.1.    Company Overview
            10.9.2.    Product/Service Landscape
            10.9.3.    Financial Overview
            10.9.4.    Recent Developments
        10.10.    ABB
            10.10.1.    Company Overview
            10.10.2.    Product/Service Landscape
            10.10.3.    Financial Overview
            10.10.4.    Recent Developments
        10.11.    Continental
            10.11.1.    Company Overview
            10.11.2.    Product/Service Landscape
            10.11.3.    Financial Overview
            10.11.4.    Recent Developments
        10.12.    Siemens
            10.12.1.    Company Overview
            10.12.2.    Product/Service Landscape
            10.12.3.    Financial Overview
            10.12.4.    Recent Developments
        10.13.    Mitsubishi Electric
            10.13.1.    Company Overview
            10.13.2.    Product/Service Landscape
            10.13.3.    Financial Overview
            10.13.4.    Recent Developments
        10.14.    Toshiba
            10.14.1.    Company Overview
            10.14.2.    Product/Service Landscape
            10.14.3.    Financial Overview
            10.14.4.    Recent Developments

    The Electric Commercial Vehicle Market has been segmented as below:

    Electric Commercial Vehicle Market, By Propulsion System

    • BEV
    • HEV
    • PHEV
    • FCEV

    Electric Commercial Vehicle Market, By Vehicle Type

    • Bus
    • Truck
    • Van
    • Pick-up Trucks

    Electric Commercial Vehicle Market, By Range

    • 0-150 Miles
    • 151-250 Miles
    • 251-500 Miles
    • 500 Miles & Above

    Electric Commercial Vehicle Market, By Component

    • Electric Motor
    • EV Battery
    • Hydrogen Fuel Cell

    Electric Commercial Vehicle Market, By Region

    • North America
    • Europe
    • Asia Pacific
    • Rest of World

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 5.7% during the study period (2022-2027)
    The Electric Commercial Vehicle Market is expected to be around US$ 6.70 Billion by 2027
    The segment included in Electric Commercial Vehicle Market is Propulsion System, Vehicle Type, Range, Component, Company and region.
    Some key players operating in the Electric Commercial Vehicle Market include Daimler, Tesla, Proterra, NISSAN, BYD, Proterra, Honda, Hyundai, LG Chem, ABB
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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