Asia Pacific: The Largest Market for Electric Commercial Vehicle, Checkout Investment Opportunity, Growth and Forecast 2025 - Daimler, Tesla, BYD, NISSAN, Proterra, Nstitutes and Others

Increasing awareness of the pollution menace, government policies and mandates to restrict pollution, reduction in battery prices, and rapid adoption of electric vehicles such as buses and vans are some of the major factors driving the growth of electric commercial vehicle market. A key driver for the increase in adoption of electric commercial vehicle in recent years is the changing consumer preference. Strategies to minimize the dependence on fossil fuel in developing economies are propelling the electric commercial vehicle market. Whereas, electric commercial vehicles are used extensively by transportation companies in countries such as China, The Netherlands, and Sweden. All these factors are driving the market for electric commercial vehicle market.

Downlaod and Get FREE pdf Brochure: https://www.worldwidemarketreports.com/sample/199799

Current Market Scenario and Forecast:
The 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, and Region - Global Forecast to 2025" The Electric commercial vehicle market is projected to grow at a CAGR of 39.85% during the forecast period to reach 1,831,865 Units by 2025 from an estimated 125,212 Units in 2017.

Asia Pacific: the largest market for Electric Commercial Vehicle

Asia Pacific is projected to be the largest market for electric commercial vehicles from 2017 to 2025. The market growth, in terms of volume, in the region can be attributed to numerous factors such as adoption of more electric buses, government policies to restrict urban pollution, engagement of OEMs to develop electric vehicles of different propulsion system.

Bus is estimated to hold the largest market share in terms of volume during the forecast period:

The market share for bus in electric commercial vehicle market is estimated to be the highest in 2017 and is projected to remain predominant during the forecast period. The share, in terms of volume, of bus in electric commercial vehicle market is estimated to be the highest followed by the share of van, pick-up truck, and truck. Countries such as China and US have witnessed significant sales of electric bus bus due to rapid economic growth and favorable government policies to curb down emission.

Battery Electric Vehicle (BEV) segment of the electric commercial vehicle market is estimated to be the largest segment by propulsion from 2017 to 2025:

BEV is expected to be the largest segment, by propulsion, of the electric commercial vehicle market, as BEV finds great application in electric commercial vehicles such as buses and vans. The growth of BEV in electric commercial vehicle market is mainly due to two factors—advancement in battery capacity which fulfills the power requirement in electric commercial vehicle and the decrease of the price of EV battery. The price of EV battery is expected to reach US$ 109/kWh in few years.

The Electric Commercial Vehicle market is dominated by a few globally established players such as - Daimler (Germany), Tesla (US), BYD (China), NISSAN (Japan), Proterra (US) and nstitutes such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).

Talk to Our Industry Expert for Instant Solution at https://www.worldwidemarketreports.com/quiry/199799

Table of Content (Overview):
Global Electric Commercial Vehicle Market Research Report 2018

Part I Electric Commercial Vehicle Industry Overview
Chapter One Electric Commercial Vehicle Industry Overview
Chapter Two Electric Commercial Vehicle Up and Down Stream Industry Analysis

Part II Asia Electric Commercial Vehicle Industry (The Report Company Including the Below Listed But Not All)

Chapter Three Asia Electric Commercial Vehicle Market Analysis
Chapter Four 2013-2018 Asia Electric Commercial Vehicle Productions Supply Sales Demand Market Status and Forecast
Chapter Five Asia Electric Commercial Vehicle Key Manufacturers Analysis
Chapter Six Asia Electric Commercial Vehicle Industry Development Trend

Part III North American Electric Commercial Vehicle Industry (The Report Company Including the Below Listed But Not All)
Chapter Seven North American Electric Commercial Vehicle Market Analysis
Chapter Eight 2013-2018 North American Electric Commercial Vehicle Productions Supply Sales Demand Market Status and Forecast
Chapter Nine North American Electric Commercial Vehicle Key Manufacturers Analysis
Chapter Ten North American Electric Commercial Vehicle Industry Development Trend

Part IV Europe Electric Commercial Vehicle Industry Analysis (The Report Company Including the Below Listed But Not All)
Chapter Eleven Europe Electric Commercial Vehicle Market Analysis
Chapter Twelve 2013-2018 Europe Electric Commercial Vehicle Productions Supply Sales Demand Market Status and Forecast
Chapter Thirteen Europe Electric Commercial Vehicle Key Manufacturers Analysis
Chapter Fourteen Europe Electric Commercial Vehicle Industry Development Trend

Part V Electric Commercial Vehicle Marketing Channels and Investment Feasibility
Chapter Fifteen Electric Commercial Vehicle Marketing Channels Development Proposals Analysis
Chapter Sixteen Development Environmental Analysis
Chapter Seventeen Electric Commercial Vehicle New Project Investment Feasibility Analysis

Part VI Global Electric Commercial Vehicle Industry Conclusions
Chapter Eighteen 2013-2018 Global Electric Commercial Vehicle Productions Supply Sales Demand Market Status and Forecast
Chapter Nineteen Global Electric Commercial Vehicle Industry Development Trend
Chapter Twenty Global Electric Commercial Vehicle Industry Research Conclusions

Sample PDF Brochure available @ https://www.worldwidemarketreports.com/sample/199799

About Worldwide Market Reports:
Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe. We offer reports across virtually all domains and an exhaustive list of sub-domains under the sun.

Mr. Shah
Worldwide Market Reports
1001 4th Ave,
#3200
Seattle, WA 98154,
U.S
Tel: +1 415 871 0703
Email:sales@worldwidemarketreports.com

This release was published on openPR.