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Electric Truck Market by Technology (Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicle) by Product (General Trucks, Pickup Trucks, Garbage Trucks, and Others) by Application (Logistics, Government, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018 – 2025

Published Date: 03-Oct-2019 Category: Automotive Report Format : PDF Pages: 189 Report Code: ZMR-4811 Status : Published

According to the report, the electric truck market is expected to grow with a CAGR of 14.5% between 2019 and 2026.

Description

Electric trucks use one or more electric motors for driving the vehicle. The vehicles contain battery instead of the fuel tank and an electric motor instead of a combustion engine. Electric vehicles have a wide range of power sources but are not limited to nuclear power, solar power, tidal power, and wind power. The major advantage of electric vehicles is their ability to convert energy generated by the braking system into to recharge the battery. This is called regenerative braking.

Electric trucks are of two types, namely hybrid electric vehicle and pure electric vehicles. Hybrid electric vehicles run on both, fuel and electricity. Pure electric vehicles do not have a fuel tank and run only on electricity. Battery electric vehicles (BEVs) do not have a fuel engine and are powered by electricity. Plug-in hybrid electric vehicles (PHEVs) run on both, fuel and electricity. Their battery can be recharged by plugging into an external source.

All the segments of the electric truck market have been analyzed based on the past, present, and future trends. The market is estimated from 2019 to 2025. Based on technology, the global electric truck market is further divided into a hybrid electric vehicle, battery electric vehicle, and plug-in hybrid electric vehicle. The hybrid electric vehicle is anticipated to hold a notable chunk of the electric truck market over the forecast period owing to the various advantages over battery electric vehicle & plug-in hybrid electric vehicle. The product segment is bifurcated into general trucks, pickup trucks, garbage trucks, and others. The application segment includes logistics, government, and others. The government segment is projected to hold a considerable share over the coming years considering the initiatives taken by governments of various countries to promote the usage of electric vehicles.

The regional segmentation consists of the past, present, and estimated demand for the Middle East & Africa, North America, Asia Pacific, Latin America, and Europe. The regional segment is further divided into the U.S., Mexico, Canada, UK, Germany, France, China, India, Japan, South Korea, Brazil, and Argentina among others. The European region is expected to hold a substantial share due to the presence of various electric vehicle manufacturers such as Bayerische Motoren Werke AG and Daimler AG. Asia Pacific region is anticipated to grow at a notable rate owing to the initiatives taken by the governments of China and India. In 2017, the government of India announced its plan for the full usage of electric vehicles by 2013. Further, in 2019, it was estimated that around 500 electric vehicle manufacturers had registered to manufacture electric vehicles in China with a total manufacturing capacity of up to 3.9 million vehicles annually.

Detailed analysis of the major players in the global electric truck market includes their financial overview, business strategies, recent developments, and the product offered by them in the market. Key competitors included in this report are Daimler AG, Bayerische Motoren Werke AG, Toyota Motor Corporation, Volvo Group, Hino Motors Ltd., BYD Auto Co., Ltd., Nikola Motor Company, Isuzu Motors Limited, and General Motors among others.

This report segments the global electric trucks market as follows:

Global Electric Trucks Market: Propulsion Segment Analysis

  • BEV
  • HEV
  • PHEV
  • FCEV

Global Electric Trucks Market: Vehicle Type Segment Analysis

  • Light-duty truck
  • Medium-duty truck
  • Heavy-duty truck

Global Electric Trucks Market: Mode of Application Segment Analysis

  • Logistic
  • Municipal
  • Other

Global Electric Trucks Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Electric Truck Market, 2016-2025 (USD Million)
    • 2.2. Electric Truck Market, 2016-2025 (USD Million)
    • 2.3. Electric Truck Market: Snapshot
  • Chapter 3. Electric Truck Market- Industry Analysis
    • 3.1. Electric Truck Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Driver 1
      • 3.2.2. Driver 2
    • 3.3. Restraints
      • 3.3.1. Restraint 1
      • 3.3.2. Restraint 2
    • 3.4. Opportunity
      • 3.4.1. Government funding and support
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Technology
      • 3.6.2. Market attractiveness analysis By Product
      • 3.6.3. Market attractiveness analysis By Application
      • 3.6.4. Market attractiveness analysis by Region
  • Chapter 4. Electric Truck Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Electric Truck Market : company share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Technology launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Electric Truck Market -Technology Analysis
    • 5.1. Global Electric Truck Market overview: By Technology type
      • 5.1.1. Global Electric Truck Market share, By Technology ,2018 and 2025
    • 5.2. Battery Electric Vehicle
      • 5.2.1. Global Electric Truck Market by Battery Electric Vehicle, 2016-2025 (USD Million)
    • 5.3. Hybrid Electric Vehicle
      • 5.3.1. Global Electric Truck Market by Hybrid Electric Vehicle, 2016-2025 (USD Million)
    • 5.4. Plug-in Hybrid Electric Vehicle
      • 5.4.1. Global Electric Truck Market by Plug-in Hybrid Electric Vehicle, 2016-2025 (USD Million)
  • Chapter 6. Global Electric Truck Market -Product Analysis
    • 6.1. Global Electric Truck Market overview: By Product
      • 6.1.1. Global Electric Truck Market share, By Product, 2018 and 2025
    • 6.2. General Trucks
      • 6.2.1. Global Electric Truck Market By General Trucks, 2016-2025 (USD Million)
    • 6.3. Pickup Trucks
      • 6.3.1. Global Electric Truck Market By Pickup Trucks, 2016-2025 (USD Million)
    • 6.4. Garbage Trucks
      • 6.4.1. Global Electric Truck Market By Garbage Trucks, 2016-2025 (USD Million)
    • 6.5. Others
      • 6.5.1. Global Electric Truck Market by Other Products, 2016-2025 (USD Million)
  • Chapter 7. Global Electric Truck Market -Application Analysis
    • 7.1. Global Electric Truck Market overview: By Application
      • 7.1.1. Global Electric Truck Market share, By Application, 2018 and 2025
    • 7.2. Logistics
      • 7.2.1. Global Electric Truck Market by Logistics, 2016-2025 (USD Million)
    • 7.3. Government
      • 7.3.1. Global Electric Truck Market by Government, 2016-2025 (USD Million)
    • 7.4. Others
      • 7.4.1. Global Electric Truck Market by Others, 2016-2025 (USD Million)
  • Chapter 8. Global Electric Truck Market - Regional Analysis
    • 8.1. Global Electric Truck Market overview: by Region
      • 8.1.1. Global Electric Truck Market share, by Region, 2018 and 2025
    • 8.2. North America
      • 8.2.1. North America Electric Truck Market , 2016-2025 (USD Million)
      • 8.2.2. North America Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
      • 8.2.3. North America Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
      • 8.2.4. North America Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.2.5. The U.S.
        • 8.2.5.1. The U.S.Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.2.5.2. The U.S.Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.2.5.3. The U.S.Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.2.6. Rest of North America
        • 8.2.6.1. Rest of North America Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.2.6.2. Rest of North America Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.2.6.3. Rest of North America Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
    • 8.3. Europe
      • 8.3.1. Europe Electric Truck Market , 2016-2025 (USD Million)
      • 8.3.2. Europe Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
      • 8.3.3. Europe Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
      • 8.3.4. Europe Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.3.5. UK
        • 8.3.5.1. U.K.Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.3.5.2. U.K.Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.3.5.3. U.K. Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.3.6. France
        • 8.3.6.1. France Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.3.6.2. France Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.3.6.3. France Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.3.7. Germany
        • 8.3.7.1. Germany Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.3.7.2. Germany Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.3.7.3. Germany Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.3.8. Rest of Europe
        • 8.3.8.1. Rest of EuropeElectric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.3.8.2. Rest of EuropeElectric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.3.8.3. Rest of Europe Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
    • 8.4. Asia Pacific
      • 8.4.1. Asia Pacific Electric Truck Market , 2016-2025 (USD Million)
      • 8.4.2. Asia Pacific Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
      • 8.4.3. Asia Pacific Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
      • 8.4.4. Asia Pacific Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.4.5. China
        • 8.4.5.1. China Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.4.5.2. China Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.4.5.3. China Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.4.6. Japan
        • 8.4.6.1. Japan Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.4.6.2. Japan Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.4.6.3. Japan Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.4.7. India
        • 8.4.7.1. India Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.4.7.2. India Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.4.7.3. India Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.4.8. Rest of Asia Pacific
        • 8.4.8.1. Rest of Asia Pacific Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.4.8.2. Rest of Asia Pacific Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.4.8.3. Rest of Asia Pacific Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
    • 8.5. Latin America
      • 8.5.1. Latin America Electric Truck Market , 2016-2025 (USD Million)
      • 8.5.2. Latin America Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
      • 8.5.3. Latin America Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
      • 8.5.4. Latin America Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.5.5. Brazil
        • 8.5.5.1. Brazil Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.5.5.2. Brazil Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.5.5.3. Brazil Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
      • 8.5.6. Rest of LatinAmerica
        • 8.5.6.1. Rest of LatinAmerica Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
        • 8.5.6.2. Rest of LatinAmerica Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
        • 8.5.6.3. Rest of Latin America Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
    • 8.6. The Middle East and Africa
      • 8.6.1. The Middle East and Africa Electric Truck Market , 2016-2025 (USD Million)
      • 8.6.2. The Middle East and Africa Electric Truck Market revenue, By Technology ,2016-2025 (USD Million)
      • 8.6.3. The Middle East and Africa Electric Truck Market revenue, By Product, 2016-2025 (USD Million)
      • 8.6.4. The Middle East and Africa Electric Truck Market revenue, By Application, 2016-2025 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1. Daimler AG
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Technology Portfolio
      • 9.1.4. Business Strategy
      • 9.1.5. Recent Developments
    • 9.2. Bayerische Motoren Werke AG
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Technology Portfolio
      • 9.2.4. Business Strategy
      • 9.2.5. Recent Developments
    • 9.3. Toyota Motor Corporation
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Technology Portfolio
      • 9.3.4. Business Strategy
      • 9.3.5. Recent Developments
    • 9.4. Volvo Group
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Technology Portfolio
      • 9.4.4. Business Strategy
      • 9.4.5. Recent Developments
    • 9.5. Hino Motors Ltd
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Technology Portfolio
      • 9.5.4. Business Strategy
      • 9.5.5. Recent Development
    • 9.6. BYD Auto Co., Ltd
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Technology Portfolio
      • 9.6.4. Business Strategy
      • 9.6.5. Recent Development
    • 9.7. Nikola Motor Company
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Technology Portfolio
      • 9.7.4. Business Strategy
      • 9.7.5. Recent Development
    • 9.8. General Motors
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Technology Portfolio
      • 9.8.4. Business Strategy
      • 9.8.5. Recent Development
    • 9.9. Others
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Technology Portfolio
      • 9.9.4. Business Strategy
      • 9.9.5. Recent Development

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