Press release
E-commerce companies and 3PL players across the board eventually committing to including EVs in their fleet as a part of their sustainability initiatives will have Strong Influence in the Industry: Ken Research
Majority of the companies and users are hesitant to adopt LEVs owing to outdated concerns regarding range and reliability.
Under the automotive sector strategy, NIDLP is aiming to attract 3 to 4 international manufacturers to locally manufacture EVs.
The mass production of batteries and available tax incentives will bring down the cost of EV, thus, making it cost-effective and the preferred choice.
Cities such as NEOM and SPARK are incorporating smart mobility into their urban planning
Small format EVs may gain momentum in the near future, given their lower fuel and maintenance costs. They are also less dependent on charging infrastructure, since their power requirements are lower, and they are more likely to come in models that allow battery swapping.
Electric Vehicles in Food and Grocery Delivery sectors are expected to penetrate faster due to availability of hybrid models. Major demand regions such as Central and Western Saudi Arabia (Riyadh, Jeddah and Dammam and AL-Khobar being major cities) to witness LEV penetration in the near future.
Service Contracts: In order for platforms to stay asset-light, service contracts with strategic partners (for EV deployment and charging infrastructure) present a high potential for deployment.
Several gaps in the LEV market such as a limited hybrid car range, high prices, insufficient battery life and an underdeveloped charging ecosystem are yet to be filled.
Fleet operators need to create and manage vehicle service infrastructure and charging infrastructure on their own due to limited availability of existing set-ups in public domain.
The report titled “Future Potential Market of LEVs in Last Mile Delivery Industry in KSA – Favorable Government Policies and Better Charging Infrastructure Availability to drive the LEV Sales in KSA Market” by Ken Research suggested that the Light Electric Vehicle market is further expected to grow in the near future owing to available tax benefits and convenient usage. The advent of e-commerce, food and grocery deliveries leading to a rapid increase in demand for last-mile deliveries along with the initiatives taken by the government regarding the EV Infrastructure and Policies will increase its sale in the near future. The market is expected to register a positive ten year CAGR of 4.0% in terms of last mile delivery fleets during the forecast period 2020-2030F.
Key Segments Covered in LEV Adotpion in Last Mile Delivery Market in KSA
Business Side Potential for LEVs in KSA CEP Industry
CEP Market Size
Total Number of Courier Shipments
KSA E-Commerce Landscape
E-Commerce Market Major Categories
Total Number of E-Commerce Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA CEP Market
Future Projections towards Penetration of LEVs in Courier Segment
Business Side Potential for LEVs in KSA Grocery Delivery Market
KSA Online Grocery Ecosystem
KSA Online Grocery Market Size
KSA Online Grocery Market Concentration
KSA Online Grocery Market Segmentations
Total Number of Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA Grocery Delivery Market
Future Projections Towards Penetration of LEVs in Grocery Delivery Segment
Business Side Potential for LEVs in KSA Food Delivery Market
Landscape of Food Delivery Companies in Saudi Arabia
KSA Online Food Delivery Market Size
Total Number of Orders
Total Number of Vehicles Deployed
Competition Scenario in KSA Food Delivery Market
Future Projections Towards Penetration of LEVs in Food Delivery Segment
Key Target Audience
LEV Manufacturers
LEV Dealers/Distributors
Courier and Parcel Companies
E-Commerce Companies
Grocery Delivery Companies
Food Delivery Companies
Time Period Captured in the Report:
Historical Period: 2015-2020
Forecast Period: 2020–2030
Companies Covered:
EV Manufacturers
Tesla
BMW
Chevrolet
Renault
Hyundai
Nissan
CEP Industry
Saudi Post
Naquel Express
SMSA Express
DHL
Aramex
UPS
FedEx/TNT
Grocery Delivery Companies
Nana Direct
Zadfresh
Danube
Carrefour
Qareeb
Food Delivery Companies
Hungerstation
Careem
Jahez
Talabat
Mrsool
Key Topics Covered in the Report
Overview of Global EV Market
Genesis and Overview of KSA LEV Market
Ecosystem of Major Entities in Saudi Arabia LEV market
Charging Infrastructure for LEV Market in Saudi Arabia
Overview of KSA Last-Mile Delivery Market
Number of Orders/Shipments in KSA Last-Mile Delivery Market
Number of Fleets Deployed for Last Mile Delivery
Business Side Potential for LEVs in KSA CEP Industry including E-commerce Landscape in KSA
Business Side Potential for LEVs in KSA Grocery Delivery Market
Business Side Potential for LEVs in KSA Food Delivery Market
Regulatory Scenario and Framework in Saudi Arabia LEV Market
Opinions of Industry Experts regarding adoption of LEVs
Difference in EV costs compared to ICE vehicles- Cost Benefit Analysis
Viable Supply Chain Model for Adoption and Supplying LEVs in KSA
Current Landscape of LEV Offering in KSA
Major Deals/Transactions for LEVs in KSA
Impact of COVID 19 on EV sales
Future Analysis and Projections for LEVs in Saudi Arabia
Opportunity Analysis of an LEV in Last Mile Delivery
Case Studies for LEV Last-Mile Delivery
Recommendations / Success Factors
Research Methodology
Appendix
For More Information on the Research Report, refer to below links: -
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/future-potential-market-of-last-mile-levs-in-ksa/412167-100.html
Related Reports by Ken Research
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/electric-commercial-vehicle/332260-100.html
https://www.kenresearch.com/consumer-products-and-retail/consumer-services/last-mile-delivery/304353-95.html
https://www.kenresearch.com/metal-mining-and-chemicals/chemicals/global-peek-market-outlook-to-2025/274946-101.html
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
support@kenresearch.com
+91-9015378249
Ken Research Pvt. Ltd.,
Unit 14, Tower B3, Spaze I Tech Business Park, Sohna Road, sector 49 Gurgaon, Haryana - 122001, India
Ken Research is a research based management consulting company. We provide strategic consultancy to aid clients on critical business perspective: strategy, marketing, organization, operations and technology transformation, advanced analytics, corporate finance, mergers & acquisitions and sustainability across all industries and geographies. We provide business intelligence and operational advisory across 300+ verticals underscoring disruptive technologies, emerging business models with precedent analysis and success case studies. Some of top consulting companies and Market leaders seek our intelligence to identify new revenue streams, customer/ vendor paradigm and pain points and due diligence on competition.
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 E-commerce companies and 3PL players across the board eventually committing to including EVs in their fleet as a part of their sustainability initiatives will have Strong Influence in the Industry: Ken Research here
News-ID: 2368084 • Views: …
More Releases from Ken Research Pvt Ltd
Increase in cybercrime results in India Digital Forensic Market to rise, with an …
With the rise in digital threats and cybercrimes, India Digital Forensic Market makes successive changes like integration of Artificial Intelligence, and marking its overall growth.
STORY OUTLINE
Using techniques like Data Recovery, Log Analysis and more, India Digital Forensic Market enhances its Computer Forensics.
Upgrades towards Network and Mobile Forensics are improving in cyber threats prevention, marking its increase in efficiency and security.
With the incorporation of Cloud Based services, advanced methods and easy…
Global Health Insurance market is expected to grow at a CAGR of ~6% by 2028: Ken …
Due to recent pandemic of Covid 19 health insurance market has grabbed growth ensuring economic help to comman man for better health care facilities with easy money handling and increasing awareness especially after COVID 19.
STORY OUTLINE
Launch of new policies, mergers, acquisitions and partnerships to propel growth in future
Covid 19 has a huge impact on the health insurance market on Global level.
Factors, which are responsible for the growth, are the higher…
Exploring the Investment Landscape in the UK Agricultural Equipment Market
Anticipated to achieve a CAGR of approximately 3.5% (2022-2027), the UK's agricultural equipment market expanded between 2014 and 2018, yet faced a significant downturn in 2019-2020 due to COVID-19.
STORY OUTLINE
The investment landscape in the UK agricultural equipment market is diverse, offering a spectrum of opportunities from established manufacturers to startups driving disruptive change.
Investors can benefit from the technological prowess of leading manufacturers like John Deere, CNH Industrial, and AGCO Corporation…
Unveiling the Thriving Landscape of UAE's IT Service Market
The IT services sector encompasses a diverse range of offerings, including but not limited to Cloud services, Cloud Applications, Datacenters, Artificial Intelligence (AI), Consulting Services, Connectivity Solutions, Security services, and other related services.
STORY OUTLINE
Digital Transformation Drive: UAE's IT market thrives on visionary government initiatives like "Smart Dubai" and "UAE Vision 2021," spurring sectoral evolution.
Cloud's Ascendancy: Rapid cloud adoption, coupled with AI, IoT, and blockchain, reshapes industries for scalability and innovation.
Security…
More Releases for LEV
LEV Battery Packs Market Growing Trends and Demands Analysis Forecast 2025 to 20 …
New Jersey, United States: The latest research study by Infinity Business Insights, titled 'Global LEV Battery Packs Market,' 118 analysis on business strategies adopted by key and emerging industry players. It provides insights into current market developments, trends, technologies, drivers, opportunities, and overall market outlook. Understanding various segments is crucial for identifying the factors that drive market growth. Some of the major companies featured in this report include LG Chem, Panasonic,…
Growth Drivers of LEV Battery Packs Market 2023-2030 based on Key Players - Amer …
About Us:
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. The in-depth market analysis by some of the most vastly experienced analysts provides our diverse range of clients from across all industries with vital decision-making insights to plan…
Indonesia LEV Market, Industry Growth and Analysis, Market By End User, By Comme …
How Is LEV Market Positioned In Indonesia?
Indonesia is the world's fourth most populous nation and 10th largest economy in terms of purchasing power parity. The LEV space of Indonesia is highly dominated by the two-wheeler segment, as the country's two-wheeler population is extremely large. Being a low-middle class dominated country leading to affordability issues, it results in a high demand for two-wheelers.
The market is moderately fragmented with presence of major…
LEV Sales in Indonesia expected to cross 200,000 by 2026F with government courti …
The market is moderately fragmented with presence of major private and public manufacturers in various potential locations across Indonesia.
To be price competitive and reduce the risk that comes from the mere sale of energy, CPOs may need to explore partnerships and adjacent offerings.
With the largest reserves of nickel, a key raw material for lithium-ion batteries, Indonesia has a vision to lead the global EV battery market.
Strong Government Push: The government…
KSA LEV Market | KSA LEV Industry | Electric Vehicle Saudi Arabia | KSA Light El …
The report titled “Future Potential Market of LEVs in Last Mile Delivery Industry in KSA – Favorable Government Policies and Better Charging Infrastructure Availability to drive the LEV Sales in KSA Market” provides a comprehensive analysis of the future potential of Light Electric Vehicle industry in Last Mile Delivery Industry in the KSA. The report covers various aspects including the current EV Scenario and charging infrsatructure status in KSA along…
Author Sheldon Greene Releases New Literary Novel - The Lev Effect
Author Sheldon Greene Releases New Literary Novel - The Lev Effect
A lyrical, funny, feel- good read for troubled times
In The Lev Effect, Sheldon Greene “wisely explores the salutary power of faith, which protagonist Mendel calls a "kind of spiritual walker for the psychologically disabled” in this profoundly funny meditation on how one can find strength in religion.” Kirkus “This author’s style will sing to your soul. I…
