Press release
Electric Truck Market 2022-2027: Growth, Share, Size, Trends, Analysis and Forecast
Electric Truck Market
Report Metric
Historical: 2016-2020
Base Year: 2021
Forecast Year: 2022-2027
Download free sample of the report: https://www.imarcgroup.com/electric-truck-market/requestsample
Electric Truck Market Industry Definition and Application:
An electric truck refers to an electric vehicle (EV) that functions on rechargeable batteries for transporting cargo. It is equipped with an electric motor, regenerative braking systems, and automatic start and stop facilities. It promotes a greener environment as it significantly minimizes carbon emissions and vehicular noise. It finds applications across various segments, such as municipal and logistics.Nowadays, its hybrid variants are available worldwide, which are manufactured using lightweight materials and function via fuel-gas and battery-operated engines.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Electric Truck Market Trends and Drivers:
The burgeoning automotive industry and increasing preferences for hybrid and electric vehicles (H/EVs) are among the major factors creating a positive outlook for the market. Besides this, governing authorities of various countries are undertaking initiatives to minimize the consumption of fossil fuels, which is encouraging the adoption of EVs. This is consequently assisting in reducing greenhouse gas (GHG) and driving the market. Moreover, the improving electronic charging infrastructure and the integration of magnetic resonance for wireless vehicle charging are stimulating the market growth.
Electric Truck Market Segmentation:
The report has segmented the market on the basis on vehicle type, propulsion, range and application.
Breakup by Vehicle Type:
Light-duty Truck
Medium-duty Truck
Heavy-duty Truck
Breakup by Propulsion:
Battery Electric Truck
Hybrid Electric Truck
Plug-in Hybrid Electric Truck
Fuel Cell Electric Truck
Breakup by Range:
0-150 Miles
151-300 Miles
Above 300 Miles
Breakup by Application:
Logistics
Municipal
Construction
Mining
Others
Breakup by Region:
North America:( United States, Canada)
Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico,Others)
Middle East and Africa
Browse full report with TOC: https://www.imarcgroup.com/electric-truck-market
Who are the Major Electric Truck Market Key players?
The report provides a detailed analysis of the market leaders, including.
AB Volvo, BYD Company Ltd., Daimler AG, FAW Group Co. Ltd., Isuzu Motors Ltd, Navistar Inc., PACCAR Inc., Rivian Automotive Inc., Scania AB (Volkswagen AG), Tata Motors Limited, Tesla Inc. and Tevva Motors Limited.
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