Press release
Electric Truck Market 2018 Global Region, Industry, And Key Players Analysis - Foton Motor, Navistar, Isuzu Motors, Dongfeng Motor Corporation, And China National Heavy Duty Truck Group
Electric Truck Market 2018 Global Forecast To 2023. Global Electric Truck Market Research Report: Information by Truck Type (Medium Duty and Heavy Duty), Material (Battery, Plug-In Hybrid, Hybrid, and Hydrogen Fuel Cell), Application (Logistic, Municipal, Others) and Region - Forecast till 2023.The prominent players in the electric truck market include Dongfeng Motor Corporation (China), Foton Motor Inc. (China), Daimler AG (China), AB Volvo (Sweden), FAW Group Co., Ltd. (China), and China National Heavy Duty Truck Group Co., Ltd., (China). PACCAR Inc. (US), Navistar, Inc. (US), Isuzu Motors Ltd (Japan), and BYD Auto Co., Ltd. (China) are among others.
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Global electric truck market has seen remarkable growth; expected to rise at a CAGR of ~15%. Increased stringent government policies to control vehicle emissions and incentives policies to buy electric trucks in various countries such as China, the US, Germany, and Japan are the major driving factors for the global electric truck market. Increased per capita disposable income, continuous increasing fuel prices, and continuous increase in the transport activities will further drive the growth of the electric trucks market. Continuously decreasing price of the battery will draw the consumer’s attraction towards, electric mobility, which would further enhance the market revenue for the electric trucks. Moreover, due to the less operating cost associated with electric mobility and increased efforts from the side of manufacturers such as discounts on additional features or packages in the electric truck will boost the sales of the electric trucks during the forecast period.
The governments in various regions such as those in Europe and North America started imposing stricter emissions targets. Government of different countries are planning to find ways to incentives fleets owner in electric trucks which result in lower vehicle emission level and opportunities for new entrants in the global market for electric trucks market. Growing demand for smart transport, government backing for purchase of smart automobiles, and increased charging infrastructure around the different parts of the world will further boost the market growth for the electric trucks and open up new opportunities for new players in the market. However, it is estimated that the high prices of the electric truck hampers the revenue for the electric truck market.
Geographically, the global electric truck market has been segmented into the four major regions of North America, Europe, Asia-Pacific, and the Rest of the World. It is expected that China, Europe, and North America will account for more than 70% of total sales of electric trucks. Moreover, the growing concern for environment pollution through internal combustion engine vehicles will play a crucial role in the development of the market size for global electric trucks market.
The report for Global Electric Truck Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.
Browse more on this report at: https://www.marketresearchfuture.com/reports/electric-truck-market-6261
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 THREAT OF SUBSTITUTES
3.1.4 SEGMENT RIVALRY
3.1.5 BARGAINING POWER OF BUYERS
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
LIST OF TABLES:
TABLE 1 GLOBAL ELECTRIC TRUCK MARKET: BY REGION, 2018-2023
TABLE 2 NORTH AMERICA ELECTRIC TRUCK MARKET: BY COUNTRY, 2018-2023
TABLE 3 EUROPE ELECTRIC TRUCK MARKET: BY COUNTRY, 2018-2023
TABLE 4 ASIA-PACIFIC ELECTRIC TRUCK MARKET: BY COUNTRY, 2018-2023
TABLE 5 ROW ELECTRIC TRUCK MARKET: BY COUNTRY, 2018-2023
TABLE 6 GLOBAL ELECTRIC TRUCK MARKET, BY TYPE, BY REGIONS, 2018-2023
Continued…
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