Press release
Electric Truck Market 2027 Future Product Development Plans | Covid-19 Impact Analysis | Hino Motors, Dongfeng Motor Corp, PACCAR Inc, Daimler (Mitsubishi Fuso), Isuzu, Renault Trucks, Tesla Inc
Get detailed COVID-19 impact analysis on the Electric Trucks Industry @ https://www.alliedmarketresearch.com/request-for-customization/6548?reqfor=covid
Key players of the electric truck industry analyzed in the research include Hino Motors, Dongfeng Motor Corporation, PACCAR Inc., Daimler (Mitsubishi Fuso), Navistar International Corporation, Isuzu, BYD Auto Co. Ltd, Renault Trucks, Zenith Motors, Smith Electric Vehicles, Tesla Inc.. They have adopted various strategies including new product launches, collaborations, partnerships, mergers & acquisitions, joint ventures, agreements, and others to gain a stronghold and international presence across the world.
The global electric truck market is experiencing a significant growth, and will grow considerably in next few years. Electric truck is an electric vehicle which is operated on electric power supply through batteries to provide cargos. From past hundred years, electric trucks have been used in niche application, but more recently, the arrival of lithium ion batteries helped to enable the travelling capacity of electric trucks to travel up to several hundred miles. Electric trucks are preferred in various industries and applications owing to its features including no local pollution and low running costs. However, electric trucks are heavier than the tradition diesel trucks.
Download Report Sample (210 Pages PDF with Insights, Charts, Tables, Figures) @ https://www.alliedmarketresearch.com/request-toc-and-sample/6548
The electric trucks requires recharging its battery after a travelling of particular distance owing to the less energy density of the lithium batteries used in this trucks which is responsible to cause delay and vehicle swapping. Innovations in the electric truck industry pave the way for improved and better transportation than other types of trucks, which have petrol and diesel engine.
Top impacting factors:
Surge in demand for electric truck in the transport and construction sector due to its low running cost &l ow maintenance and the government incentives for the purchase of these vehicles are the factors that drive the global market. However, the high price of lithium batteries used in this truck may hinder the market growth. Contrarily, research and development (R&D) activities regarding battery technology along with partnerships with motor and battery technology providers to enhance energy density and improve battery life present new pathways in the industry. The global electric truck market trends are as follows:
Low operating and maintenance cost of an electric truck
The operating cost of trucks which operated with fuel such as diesel and petrol is high due to the rising price of the crude oil. In case of electric trucks, the operating cost is almost one-fourth of the fuel cost, and the mileage is also double in comparison with normal trucks. Moreover, there is no emission of gases that are harmful for the environment as these trucks are not operating on petrol and diesel.
Interested to Procure The Data? Inquire here @ https://www.alliedmarketresearch.com/purchase-enquiry/6548
In February 2020, Tata Motors has launched Ultra T.7 Electric - India's first intermediate commercial electric truck which can be fully charged in two hours with high speed DCfast charger.
Innovation in the electric truck industry
The electric trucks are the best substitute for the regular trucks as these trucks are operated without emission of harmful gases. However, these trucks are not capable of the long distance transportation. The capacity of the batteries used in this truck is not sufficient for the long distance transportation. The innovation in the battery technology toward improving energy density and increasing battery life coupled with the reduction in the battery price also act as an opportunity for the global electric truck market.
In March 2020, Tesla has launched batteries with cathodes made from lithium iron phosphate for its Model 3s. These new batteries will provide higher charge & discharge rates and longer life times than conventional lithium-ion cells.
Schedule a Call with Our Analysts/Industry Experts to Find Solution for Your Business @ https://www.alliedmarketresearch.com/connect-to-analyst/6548
Key benefits of the report:
o This study presents the analytical depiction of the global electric truck industry along with the current trends and future estimations to determine the imminent investment pockets.
o The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global electric truck market share.
o The current market is quantitatively analyzed from 2020 to 2027 to highlight the global electric truck market growth scenario.
o Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.
o The report provides a detailed global electric truck market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the electric truck Market research report:
o What are the leading market players active in the market?
o What the current trends will influence the electric truck market in the next few years?
o What are the driving factors, restraints, and opportunities in the electric truck market?
o What are the projections for the future that would help in taking further strategic steps?
Browse Complete Report @ https://www.alliedmarketresearch.com/electric-truck-market-A06183
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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 Truck Market 2027 Future Product Development Plans | Covid-19 Impact Analysis | Hino Motors, Dongfeng Motor Corp, PACCAR Inc, Daimler (Mitsubishi Fuso), Isuzu, Renault Trucks, Tesla Inc here
News-ID: 2038189 • Views: …
More Releases from Allied Market Research
Food Service Equipment Market Research Overview, Share, Size, Analysis, and Fore …
food service equipment market size was valued at $35.8 billion in 2023, and is estimated to reach $74.4 billion by 2035, growing at a CAGR of 6.3% from 2024 to 2035.
Food service equipment includes a comprehensive range of appliances, tools, and machinery critical to the efficient preparation, cooking, storage, and serving of food and beverages in commercial environments such as restaurants, hotels, cafeterias, and catering services. This category encompasses everything…
Aircraft Ejection Seat Market Global Growth, Size, Trends, Industry Analysis, Ke …
The aircraft ejection seat is a system designed specifically to rescue the pilot or other crew members of an aircraft in a state of emergency. To save the life of the pilot in the event of an accident or malfunction on-board, seat ejection from the aircraft is considered as one of the primary countermeasures. In addition, the recent aircraft models come up with aircraft ejection seats that are designed to…
Sugar Substitute Market Size | Industry Thriving Worldwide at a Significant Grow …
Sugar is the soluble carbohydrate with a sweet taste and is widely used in a variety of foods but the rise in number of diseases due to high consumption of sugar has led to the demand for alternative products. Sugar substitute also known as low-calorie sugar is the alternative used instead of actual sugar and is considered as a food additive that provides a sweet taste to the product but…
Cloud Kitchen Market Size Growing at 11.0% CAGR, Set to Reach USD 154.9 Billion …
The "cloud kitchen industry" was valued at $44.9 billion in 2023, and is estimated to reach $154.9 billion by 2035, growing with a CAGR of 11.0% from 2024 to 2035.
The rapid expansion of the cloud kitchen market is fueled by shifting consumer preferences towards convenience and online food delivery services, with significant impact of the COVID-19 pandemic on traditional dine-in restaurants. As consumers increasingly opt for the ease of ordering…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
