Electric Commercial Vehicle Market 2022 | Industry Demand, Fastest Growth, Opportunities Analysis and Forecast To 2028

 

COVID-19 Impact Analysis on Electric Commercial Vehicle Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electric commercial vehicle market include BYD (China), Yutong (China), AB Volvo (Sweden), VDL Groep (Netherland), and CAF (Spain). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The electric commercial vehicle market looks promising during the forecast period. The growing trend of electric vehicles owing to the increasing activities in the logistics and supply chain sector and strict global emission rules worldwide compelling commercial organizations to electrify their vehicles are things that push forward the market. This also encourages vehicle manufacturers to invest heavily in electric vehicles to reduce carbon emissions caused by fossil fuels. Additionally, the developments in the battery industry with state-of-the-art features also assist the growth. The growing adoption of electric buses compared to diesel buses in the cities because of their efficiency, low maintenance costs, extending life span, and great comfort level will retain the growth in the future. ""

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of electric commercial vehicle. The growth and trends of Electric Commercial Vehicle Industry provide a holistic approach to this study.

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Market Segmentation

This section of the electric commercial vehicle market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

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 Vehicle Type

·        Bus

·        Pickup Truck

·        Truck

·        Van

By Battery Type

·        Lithium-Iron-Phosphate (LFP)

·        Nickel-Manganese-Cobalt (NMC)

·        Solid-State Battery

·        Others

By Battery Capacity

·        Less Than 50 Kwh

·        50-250 Kwh

·        Above 250 Kwh

By Propulsion

·        Battery Electric Vehicle (BEV)

·        Fuel Cell Electric Vehicle (FCEV)

·        Plug-In Hybrid Electric Vehicle (PHEV)

By End User

·        Last Mile Delivery

·        Distribution

·        Field Services

·        Long Haul Transportation

·        Refuse Services

By Truck Payload Capacity

·        Less Than 10,000 LBS

·        10,001 – 26,000 LBS

·        Greater Than 26,001 LBS

·         

·        By Autonomous Vehicle

·        Electric Autonomous Truck

·        Electric Autonomous Bus

By Length Of Bus:

·        Less Than 9M

·        9-14M

·        More Than 14M

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Electric Commercial Vehicle market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

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