Press release
ELECTRIC COMMERCIAL VEHICLES MARKET RELEASE LATEST TRENDS & INDUSTRY VISION BY 2025
ELECTRIC COMMERCIAL VEHICLES MARKET
Need for fuel-efficient and emission free-vehicle and the available government subsidies and tax rebates to fuel the growth of the electric commercial vehicle market
Policies and mandates to curb urban pollution menace and the subsequent demand of emission-free vehicle and the increasing demand for electrified vans and trucks from the logistics industry are the driving factors for the electric commercial vehicle market. Whereas, the less number of charging stations and high cost involved in the initial development of electric commercial vehicle are restraining factors for the electric commercial vehicle market. Government funds and incentive programs to encourage adoption of electric commercial vehicles such as public buses and electric trucks will be creating opportunities in upcoming years. 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 the next seven years owing to increasing food trucks and refrigerated vehicles demand.
Request for Sample of this Report@ https://bit.ly/2IltO5R
Scope of the Report
The electric commercial vehicle market can be segmented on the basis propulsion type, vehicle type, component, and region. Based on propulsion type, the global electric commercial vehicle market is 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. Battery electric buses require less fuel and maintenance. Hybrid electric buses require conventional fuel along with electric prolusion system to operate. These hybrid vehicles require large batteries and motors to meet its power requirement, which makes hybrid commercial vehicles costlier. Based on electric vehicle type, the global electric commercial vehicle market can be fragmented into bus, truck, vans and others. On the basis of components, the electric commercial vehicle market can be segmented into motors, electric batteries, and others.
The Asia Pacific is expected to lead the global electric commercial vehicle market during the forecast period
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. Asia Pacific accounts for a major share of the global electric commercial vehicle market. China dominated the electric commercial vehicle market. China is electrifying their fleets as the country has the world’s worst pollution problem. Countries such as Japan and South Korea are investing in the development of electric vehicles and charging stations and creating awareness regarding the benefits related to electric commercial vehicles.
The Asia Pacific region is estimated to hold the largest volume share of global electric commercial vehicle market in year 2017. The segment is estimated to grow with a significant CAGR in the forecast period. The high adoption of electric buses to curb pollution and the subsequent increase in sales of electric commercial vehicles such as buses are expected to fuel electric commercial vehicle market in the Asia Pacific region.
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 (Germany), Tesla (US), BYD (China), NISSAN (Japan), Proterra (US), Toyota, BYD Company Limited, ZHONGTONGBUS Bus Holding Co., Ltd, ABB group etc.
Market Segmentation
by Propulsion
by Vehicle Type
by Component
By Geography
North America
Europe
Asia Pacific (APAC)
LATAM
MEA
Browse full Research Report@ https://www.blueweaveconsulting.com/electric-commercial-vehicles/
Contact Us:
info@blueweaveconsulting.com
https://www.blueweaveconsulting.com
Phone Number: 18666586826
About BlueWeave Consulting & Research Pvt Ltd. (BWC)
BlueWeave Consulting provides a full scope of business intelligence solution for solving your toughest challenges. BWC is an emerging global expert & pioneer in the market research and provision of exclusive market INTEL. We optimize your decision making by equipping your industry with an accurate & better market research according to your industry demands through our professionally designed qualitative & quantitative research methods. Our trendy & efficient sample collection methods, integrated data solutions as well as methodologies certainly make us a better partner that you can rely on. With collective experience in the varied fields of retail, market research and reporting, we provide the business insight and business practices that would give the required impetus for your company’s growth.
GD-69, Sector G, East kolkata Twp,
Kolkata, West Bengal
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release ELECTRIC COMMERCIAL VEHICLES MARKET RELEASE LATEST TRENDS & INDUSTRY VISION BY 2025 here
News-ID: 1455221 • Views: …
More Releases from BlueWeave Consulting & Research Pvt Ltd.
United States Enhanced Water Market Size, Share Growth is Projected to Growing a …
The United States enhanced water market is growing at high rate because of the rising health awareness and the need for additional nutritional supplements in the body due to a busy lifestyle....
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the US enhanced water market was worth USD 2,131.0 million in the year 2020. The data yielded by the study reveals that the…
Global Electronic Bill Presentment and Payment (EBPP) Market Size & Share is Gro …
Electronic bill presentment and payment (EBPP) market is being driven by factors such as globalization, businesses expanding overseas, and consumers increasingly using plastic money. Market growth is also driven by the use of high-speed internet access on smart phones...
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global electronic bill presentment and payment (EBPP) market was worth 18.5 number of bills in…
Global Fatty Alcohol Market Size & Share is Predicted to Garner USD 8.4 Billion …
The global fatty alcohol market is growing at a high CAGR because of the increasing demand for bio-based renewable products to promote sustainability and control dependence on non-renewable products such as petrochemicals...
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global fatty alcohol market was worth USD 5.5 billion in the year 2020. The market is estimated to grow at a CAGR…
Global Medical Goggle Market Size, Share & Growth is Projected to Grow at a CAGR …
The global medical goggle market is growing at a high CAGR because of the increasing demand for surgical procedures and prevalence of infectious diseases and stringent regulations regarding the safety of healthcare workers...
A recent study conducted by the strategic consulting and market research firm BlueWeave Consulting revealed that the global medical goggle market was worth USD 443.4 million in the year 2020. The data generated by the study reveals that…
More Releases for Asia
Asia Private Equity Firm, Asia Private Equity Management, Asia Private Equity Se …
The private equity market in China has been rapidly growing in recent years. Private equity (PE) refers to the purchase of shares in a company that are not publicly traded on a stock exchange. PE firms typically target companies that are undervalued or in need of capital for growth, and aim to improve the company's operations and financial performance before selling it at a higher value.
https://boomingfaucet.com/
Asia Private Equity Consulting
E-mail:nolan@pandacuads.com
In China,…
South East Asia Business Jet Market And Top Key Players are Asia Corporate Jet, …
By 2022, the South East Asia Business Jet Markets estimated to reach US$ XX Mn, up from US$ XX Mn in 2016, growing at a CAGR of XX% during the forecast period. The Global Business Jet Market, currently at 21 million USD, contributes the highest share in the market and is poised to grow at the fastest rate in the future. The three broad categories of business jets are Small,…
LIXIL Asia Presents Asia Pacific Property Awards
Through its power brands GROHE and American Standard, LIXIL Asia signs a three-year deal to become the Headline Sponsor of the Asia Pacific Property Awards from 2019 until 2022.
23rd January 2019: The International Property Awards, first established in 1993, are open to residential and commercial property professionals from around the globe. They celebrate the highest levels of achievement by companies operating within the architecture, interior design, real estate and property…
PEOPLEWAVE WINS ASIA TECH PODCAST PITCHDECK ASIA 2019 AWARDS
15 January 2019, Singapore – Peoplewave, Asia’s leading data-driven HR technology company, won the Asia Tech Podcast (ATP) Pitchdeck Asia 2019 Awards, being awarded “Startup Most Likely to Succeed in 2019".
The 2019 Pitchdeck Asia Awards is an opportunity for the Asian Startup Ecosystem to shine a spotlight on some of its best startups. The awards were decided by a public vote. More than 7,200 votes were cast by registered LinkedIn…
Undersea Defence Technology Asia, UDT Asia 2011
Latest Military Diving Technologies featured in UDT Asia
Equipping Asia’s navies with the latest diving technology for asymmetric warfare and
operations
SINGAPORE, 17 October 2011 - Naval diving and underwater special operations is a field that is
seeing increased attention and investment amongst navies in Asia. Units such as the Indonesian Navy‟s KOPASKA, the Republic of Singapore Navy‟s Naval Diving Unit (NDU), the Royal Malaysian Navy‟s PASKAL are increasingly utilising specialised equipment for conducting…
Asia Diligence – Specialist Investigative Due Diligence for Asia & Beyond
Asia Diligence today announced the opening of its European Customer Services office in the United Kingdom. The office is to be managed by Steve Fowler and will focus on providing services to Asia Diligence’s European customers. Asia Diligence is also planning to open a US office in the near future, which will provide customer service to its US and North American clients.
Asked to comment on the move, Luke Palmer, the…
