Electric Commercial Vehicle Market Expected to Witness a Sustainable Growth over 2027

ReportsnReports adds “Electric Commercial Vehicle Market” to its store. The Report provides in-depth analysis of the Electric Commercial Vehicle Market at global and key country level.

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The Global Electric Commercial Vehicle Market size is projected to grow from 261 thousand units in 2020 to reach 1,890 thousand units by 2027, at a CAGR of 32.7%.

Top Companies Profiled in the Electric Commercial Vehicle Market:
• BYD (China)
• Yutong (China)
• Proterra (US)
• VDL Groep (Netherlands)
• AB Volvo (Sweden)

“The growth of e-commerce, logistics, and shared mobility is likely to propel the growth of the electric van segment during the forecast period”
The electric van segment is expected to be the fastest growing market as there is a high demand for these vans from the logistics sector, especially in the European region. The growth of the logistics and e-commerce sectors are expected to drive the market for electric vans during the forecast period.

“European market is expected to register the fastest growth during the forecast period”
The European region is projected to be the fastest-growing market during the forecast period. The increasing demand for electric vans in the logistics sector and the focus on electrification of the public transport fleet are driving the electric commercial vehicle market in Europe.

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Table of Contents:
1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions
1.3 Market Scope
1.3.1 Years Considered for Study
1.4 Package Size
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources for Electric Commercial Vehicle Sales
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Sampling Techniques & Data Collection Methods
2.1.3 Primary Participants
2.2 Market Size Estimation
2.3 Market Breakdown and Data Triangulation
2.4 Assumptions & Associated Risks

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Electric Commercial Vehicle Market
4.2 Electric Commercial Vehicle Market Growth Rate, By Region
4.3 Electric Commercial Vehicle Market, By Vehicle Type
4.4 Electric Commercial Vehicle Market, By Propulsion
4.5 Electric Commercial Vehicle Market, By Range
4.6 Electric Commercial Vehicle Market, By Length of Bus
4.7 Electric Commercial Vehicle Market, By Battery Typea
4.8 Electric Commercial Vehicle Market, By Battery Capacity Type
4.9 Electric Commercial Vehicle Market, By Power Output Type

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Demand for Emission Free Commercial Vehicles and Rising Adoption of Electric Vehicles in the Logistics Industry
5.2.2 Restraints
5.2.2.1 High Development Cost
5.2.3 Opportunities
5.2.3.1 Government Support for Electric Commercial Vehicles
5.2.3.2 New Revenue Pockets in Asia Pacific and Northern Europe
5.2.4 Challenges
5.2.4.1 Limited Battery Capacity
5.2.4.2 Lack of Charging Infrastructure
5.3 Electric Commercial Vehicle Market, Scenarios (2018–2027)
5.3.1 Electric Commercial Vehicle Market, Most Likely Scenario
5.3.2 Electric Commercial Vehicle Market, Optimistic Scenario
5.3.3 Electric Commercial Vehicle Market, Pessimistic Scenario
5.4 Revenue Shift and Hot Bets in the Electric Commercial Vehicle Market
….And More

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This release was published on openPR.