Press release
Electric Commercial Vehicle Market expected to grow at a 20.97 percent during the forecast period, Investment Feasibility and Competitive Landscape
Pune, 8, Feb, 2023: As per the report published by Maximize Market research, a global business research and consultancy firm, the total global market for "Electric Commercial Vehicle Market" was USD 285.35 Bn in 2021 and is expected to grow at a CAGR of 20.97 percent over the forecast period to reach USD 1308.57 Bn by 2029.Electric Commercial Vehicle Market Scope and Research Methodology
The report on Electric Commercial Vehicle Market includes data of the market's present and historical trends with information about revenue, demand, applications and sales to assist key vendors of the Electric Commercial Vehicle Market for investing on research and development. The report provides an in-depth analysis of the trends, opportunities, statistical analysis, pricing analysis and structural analysis to assist market players to invest in Electric Commercial Vehicle Market. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence global Electric Commercial Vehicle Market growth in different nations. Primary and secondary research methods were used to collect data and then analysed by using SWOT, PESTLE and PORTER's five force analysis which gives information about future opportunities of Electric Commercial Vehicle Market.
Know More About The Report: https://www.maximizemarketresearch.com/market-report/electric-commercial-vehicle-market/147852/
Electric Commercial Vehicle Market Dynamics
Rising prices of fossil fuels, fluctuations in the supply and demand gasoline, various treaties are signed to control gasoline prices still price is rising year by year and government initiatives promoting key players and consumers to buy electric vehicles are expected to drive the Electric Commercial Vehicle Market growth. The factors such as poor charging infrastructure and low set up rates are expected to restrain the Electric Commercial Vehicle Market.
Electric Commercial Vehicle Market Regional Insights
The Asia Pacific region dominated the market share, holding 41.63 percent in 2021 with China leading country in production of electric vehicles market. The country is planning to ban diesel fuel and gasoline vehicles during the forecast period which is expected to increase the demand for Electric Commercial Vehicle Market. Government initiatives by countries such as India, Japan, and Malaysia are also contributing to regional Electric Commercial Vehicle Market growth.
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Electric Commercial Vehicle Market Segmentation
By Vehicle Type:
Passenger Cars
Commercial Vehicles
Two-Wheelers
E-Scooters & Bikes
Light Commercial Vehicles
Others
By Propulsion:
Battery Electric Vehicle (BEV)
Fuel Cell Electric Vehicle (FCEV)
Plug-in Hybrid Electric Vehicle (PHEV)
By Length of Bus:
Less than 9m
9-14m
More than 14m
By Battery Type:
Lithium-iron-phosphate (LFP)
Nickel-manganese-cobalt (NMC)
Solid-state battery
Others
By EV Charging Point Type
Normal Charging
Super Charging
By Vehicle Class:
Mid-priced
Luxury
By Top Speed:
Less Than 100 MPH
100 to 125 MPH
More Than 125 MPH
By Vehicle Drive:
Front-Wheel Drive
Rear Wheel Drive
All-Wheel Drive
By Autonomous Vehicles:
Electric Autonomous Truck
Electric Autonomous Bus
By Component:
Battery Cells & Packs
On-Board Charge
Motor
Reducer
Fuel Stack
Power Control Unit
Battery Management System
Fuel Processor
Power Conditioner
Air Compressor
Humidifier
By End Users:
Last Mile Delivery
Distribution
Field Services
Long Haul Transportation
Refuse Services
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Electric Commercial Vehicle Market Key Players Include:
Ampere Vehicles
Benling India Energy and Technology Pvt Ltd
BMW AG
BYD Company Limited
Chevrolet Motor Company
Daimler AG
Energica Motor Company S.p.A.
Ford Motor Company
General Motors
Hero Electric
Hyundai Motor Company
Karma Automotive
Kia Corporation
Lucid Group, Inc.
Mahindra Electric Mobility Limited
NIO
Nissan Motors Co., Ltd.
Okinawa Autotech Pvt. Ltd.
Rivain
Tata Motors
Table of Content for Electric Commercial Vehicle Market:
Global Electric Commercial Vehicle Market: Research Methodology
Global Electric Commercial Vehicle Market: Executive Summary
Market Overview and Definitions
Introduction to Global Electric Commercial Vehicle Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
Global Electric Commercial Vehicle Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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Global Electric Commercial Vehicle Market Segmentation
Global Electric Commercial Vehicle Market, by Vehicle Type (2021-2029)
Global Electric Commercial Vehicle Market, by Propulsion (2021-2029)
Global Electric Commercial Vehicle Market, by Length Of Bus (2021-2029)
Global Electric Commercial Vehicle Market, by Battery Type (2021-2029)
Global Electric Commercial Vehicle Market, by EV Charging Point Type (2021-2029
Global Electric Commercial Vehicle Market, by Vehicle Class (2021-2029)
Global Electric Commercial Vehicle Market, by Top Speed (2021-2029)
Global Electric Commercial Vehicle Market, by Vehicle Drive (2021-2029)
Global Electric Commercial Vehicle Market, by Autonomous Vehicles (2021-2029)
Global Electric Commercial Vehicle Market, by Component (2021-2029)
Global Electric Commercial Vehicle Market, by End Users (2021-2029)
Regional Electric Commercial Vehicle Market(2021-2029)
Regional Electric Commercial Vehicle Market, by Vehicle Type (2021-2029)
Regional Electric Commercial Vehicle Market, by Propulsion (2021-2029)
Regional Electric Commercial Vehicle Market, by Length Of Bus (2021-2029)
Regional Electric Commercial Vehicle Market, by Battery Type (2021-2029)
Regional Electric Commercial Vehicle Market, by EV Charging Point Type (2021-2029)
Regional Electric Commercial Vehicle Market, by Vehicle Class (2021-2029)
Regional Electric Commercial Vehicle Market, by Top Speed (2021-2029)
Regional Electric Commercial Vehicle Market, by Vehicle Drive (2021-2029)
Regional Electric Commercial Vehicle Market, by Autonomous Vehicles (2021-2029)
Regional Electric Commercial Vehicle Market, by Component (2021-2029)
Regional Electric Commercial Vehicle Market, by End Users (2021-2029)
Regional Electric Commercial Vehicle Market, by Country (2021-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Market Share, Size & Forecast by Revenue | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation - A detailed analysis by Vehicle Type, Propulsion, Length of Bus, Battery Type, EV Charging Point Type, Vehicle Class, Top Speed, Vehicle Drive, Autonomous Vehicle, Component, End-users and Region
Competitive Landscape - Top Key Vendors and Other Prominent Vendors
Maximize Market Research is leading Automotive and Transportation market research firm, has also published the following reports:
Electric Tuk-tuks Market : Global Industry Analysis, Trends, and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/electric-tuk-tuks-market/171589/
Electric Two-Wheeler Lithium-Ion Battery Management System Market: Global Industry Analysis and Forecast (2021-2029) - know more: https://www.maximizemarketresearch.com/market-report/electric-two-wheeler-lithium-ion-battery-management-system-market/168385/
Electric Tricycle Market: Global Industry Analysis and Forecast (2021-2029) - know more: https://www.maximizemarketresearch.com/market-report/electric-tricycle-market/166377/
Electric Vehicle Traction Motor Market: Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-electric-vehicle-traction-motor-market/96048/
Automotive Retrofit Electric Vehicle Power Train Market: Global Industry Analysis and Forecast (2022-2029) - know more: https://www.maximizemarketresearch.com/market-report/global-automotive-retrofit-electric-vehicle-power-train-market/82047/
Autonomous / Self-Driving Cars Market: Global Industry Analysis and Forecast (2021-2029) - know more: https://www.maximizemarketresearch.com/market-report/autonomous-self-driving-cars-market/161327/
EV Charging Cables Market: Global Industry Analysis and Forecast (2021-2029) - know more: https://www.maximizemarketresearch.com/market-report/ev-charging-cables-market/122484/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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