Press release
Remodeling Market to Reach USD 13.93 Bn by 2029, emerging at a CAGR of 28.1 percent and forecast 2023-2029
Remodeling Market
The research employs a robust methodology, incorporating detailed market analysis, industry expertise, and thorough data scrutiny to present a comprehensive view of the Electric Truck Market.
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What are Remodeling Market Dynamics:
Thanks to technological advancements and manufacturing of EV batteries on a large scale, the cost of EV batteries has been decreased over the past decade. This has led to a decrease in cost of the electric trucks as EV batteries are one of the most expensive parts of an electric truck. For example, an electric vehicle battery cost roughly USD 1,100 per kWh in 2010. According to Bloomberg, their price would have dropped to roughly USD 137 per kWh by 2022, while the price in China is as low as USD 100 per kWh.
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Remodeling Market Regional Insights:
Europe leads the market share due to strict emission regulations, government incentives, and the presence of key manufacturers like Volvo and Daimler.
In the United States, the adoption of Zero Emission Vehicles (ZEV) Program is expected to drive electric truck sales.
China holds a significant revenue share (78.85%) in 2022, driven by government incentives and collaborations between companies like Dongfeng Motor Corporation and Toyota Motor.
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What is Remodeling Market Segmentation:
by Type
Battery Electric Trucks
Hybrid Trucks
by Application
Logistics
Municipal
Construction
Mining
Others
by Propulsion
Battery Electric Truck
Hybrid Electric Truck
Plug-in Hybrid electric Truck
Fuel cell electric Truck
by Level of Automation
Semi-Autonomous
Autonomous
Battery type
Who are Remodeling Market Key Players:
1.AB Volvo
2.BYD Auto Co. Ltd
3.Daimler AG
4.Dongfeng Motor Corporation
5.FAW Group Co., Ltd.
6.Foton Motor Inc.
7.Isuzu Motors Ltd
8.Navistar, Inc.
9.PACCAR Inc.
10.Scania
11.Tevva Motors Limited
12.Tesla
13.Rivian
14.Ford
15.GM
16.Workhorse
17.Atlis
18.Lordstown
19.Bollinger
20.Volkswagen AG
21.Hino Motors Ltd.
22.Chanje Energy Inc.
23.Orange EV
24.Mitsubishi Fuso Truck & Bus Corp.
25. Nikola Motor Co.
26.Fiat Chrysler Automobiles N.V.
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Table of content for the Remodeling Market includes:
Global Remodeling Market: Research Methodology
Global Remodeling Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Remodeling 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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