ELECTRIC COMMERCIAL VEHICLES MARKET GROWTH ANALYSIS BY TOP MANUFACTURERS – DAIMLER, TESLA, BYD, NISSAN, PROTERRA, TOYOTA, BYD COMPANY LIMITED, ZHONGTONGBUS LTD, ABB GROUP ETC.

Market Overview

The Electric Commercial Vehicles market report provides analysis for the period 2014 – 2024, wherein the period from 2018 to 2024 is the forecast period and 2017 as base year. The report covers all the major trends and technologies playing an influential role in the market’s growth over the estimated period. It also highlights the drivers, restraints, and opportunities for the analysis of market growth during the period. The market study reveals that the Global Electric Commercial Vehicles market is expected to grow at a CAGR over 13.0% during the forecast period in terms of value. The market is expected to reach over USD 149,316 Million by 2024.

The market overview section of the report demonstrates market dynamics such as trends, drivers, restraints, and opportunities that talks about the current nature and future scenario of the said market, key market indicators, end-user adoption analysis. Further, key market indicators included in the report provide the significant factors which are capable to define the market position of global electric commercial product.

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Scope of the Report

The electric commercial vehicle market can be segmented on the basis of propulsion type, vehicle type, component, and region. Based on propulsion type, the global electric commercial vehicle market is further classified into battery electric vehicle (BEV), hybrid electric vehicle (HEV), Plug-in hybrid electric vehicles (PHEV) and fuel cell electric vehicle (FCEV). The battery electric vehicle segment dominates the market due to government initiatives to promote green transportation across the globe.

Based on electric vehicle type, the global electric commercial vehicle market can be fragmented into bus, truck, vans and others. Based on components, the electric commercial vehicle market can be segmented into motors, electric batteries, and others. On the basis of region, the electric commercial vehicle market can be segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The report also highlights the competitive landscape of the global electric commercial vehicles market, positioning all the major players according to their presence in different regions and recent key developments initiated by them in the industry.

This report provides all the essential information required to understand the key developments in the electric commercial vehicles market, growth trends of each segment and region. It also includes strategies of companies, financial information, SWOT analysis, and developments under the company profile section. Also, the report provides insights related to trends and their impact on the market.

Key Findings of the Report

According to BlueWeave Consulting, the key findings of the report “Global Electric Commercial Vehicles Market Size, Share, Development, Growth and Demand Forecast to 2024” are:

• Global electrical commercial vehicle market is expected to witness significant growth over the next ten years due to population expansion coupled with growing industrial sector in developing economies of Asia Pacific and Latin America. Rising transportation infrastructural spending owing to strong economic growth is anticipated to remain a key driving factor for industry growth over the forecast period

• Increasing incorporation of telematics & communication capabilities in electrical commercial vehicles is anticipated to boost market growth. Growing food & beverage industry is another key factor driving industry growth over forthcoming years owing to increasing food trucks and refrigerated vehicles demand.

Market Dynamics

The demand for the commercial electric vehicles is governed by increase in demand for fuel-efficient, high-performance and low-emission vehicles. Moreover, it is also been influenced by the trend of reduction in vehicular emission due to stringent rules & regulations in several countries and growth of public charging infrastructure in China, France, Norway, and the other developed countries. However, technological advancements in electric vehicles and proactive government initiatives are expected to unfold various opportunities for the growth of the stakeholders of the said market, such as system integrators, vehicle manufacturers, engine manufactures, and component providers.

Though electric vehicles have proven to be advantageous over conventional vehicles, the market is not without restraints hindering the growth of the market over the forecast period. Electric vehicles come along with a high price tag which might evoke customer apathy towards this market. Scarcity of charging points within major cities is a massive hurdle in the growth of the global electric vehicles market.

Research Methodology

Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding on the global electrical commercial vehicles market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants. The primary research was conducted to gain market insights from industry respondents and validate the gathered information through desk research.

Competitive Dynamics

The research study includes profiles of leading companies operating in the global electric commercial vehicles market. Some of the key players profiled in the report include Daimler, Tesla, BYD, NISSAN, Proterra, Toyota, BYD Company Limited, ZHONGTONGBUS Ltd, ABB group etc.

TABLE OF CONTENTS

Chapter One: Preface
Chapter Two: Research Methodology
Chapter Three: Executive summary
Chapter Four: Market Introduction & Market Dynamics
Chapter Five: Electric Commercial Vehicle Market Development
Chapter Six: Global Electric Commercial Vehicle Market
Chapter Seven: North America Electric Commercial Vehicle Market
Chapter Eight: Europe Electric Commercial Vehicle Market
Chapter Nine: Asia Pacific America Electric Commercial Vehicle Market

List of figures

Figure:1 Gross Domestic Product (GDP) per Capita; Analysis (1/2) (US$ Tn), By Major Countries, 2011-2016
Figure:2 Gross Domestic Product (GDP) Analysis (2/2) (US$ Tn), By Major Countries, 2011-2016
Figure:3 Managed Print Service Market, Revenue Analysis
Figure:4 Market Share Analysis by Region, 2018
Figure:5 Global Managed Print Services Market Share by Deployment, 2018
Figure:6 Global Managed Print Services Market Share by Enterprise Size, 2018

List of Tables

Table: 1 Global Electric Commercial Vehicle Market Key Players
Table: 2 China electric commercial vehicle Sales — Jan–Dec 2017
Table: 3 Global Electric Commercial Vehicle Market Size (US$ Mn) Forecast, 2014-2024, By Propulsion
Table: 4 Global Electric Commercial Vehicle Market Volume (Units) Forecast, 2014-2024, By Propulsion
Table : 5 Global Electric Commercial Vehicle Market Size (US$ Mn) Forecast, 2014-2024, By Vehicle Type
Table: 6 Global Electric Commercial Vehicle Market Volume (Units) Forecast, 2014-2024, By Vehicle Type

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