The global Electric Drive Truck market size was valued at US$ 771.8 million in 2023. With growing demand in downstream market, the Electric Drive Truck is forecast to a readjusted size of US$ 2958.7 million by 2030 with a CAGR of 21.2% during review period.
The research report highlights the growth potential of the global Electric Drive Truck market. Electric Drive Truck are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Electric Drive Truck. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Electric Drive Truck market.
This report studies the electric drive trucks market. Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric Trucks can largely cutting down the pollution in the city transmission.
The electric drive trucks market has been experiencing continual growth for the past several years. This expansion can be attributed to the increasing demand of Logistics and Municipal.
Key Features:
The report on Electric Drive Truck market reflects various aspects and provide valuable insights into the industry.
Market Size and Growth: The research report provide an overview of the current size and growth of the Electric Drive Truck market. It may include historical data, market segmentation by Type (e.g., Light & Medium-duty Truck, Heavy-duty Truck), and regional breakdowns.
Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Electric Drive Truck market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.
Competitive Landscape: The research report provides analysis of the competitive landscape within the Electric Drive Truck market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.
Technological Developments: The research report can delve into the latest technological developments in the Electric Drive Truck industry. This include advancements in Electric Drive Truck technology, Electric Drive Truck new entrants, Electric Drive Truck new investment, and other innovations that are shaping the future of Electric Drive Truck.
Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Electric Drive Truck market. It includes factors influencing customer ' purchasing decisions, preferences for Electric Drive Truck product.
Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Electric Drive Truck market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Electric Drive Truck market. The report also evaluates the effectiveness of these policies in driving market growth.
Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Electric Drive Truck market.
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Electric Drive Truck industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.
Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Electric Drive Truck market.
Market Segmentation:
Electric Drive Truck market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Segmentation by type
Light & Medium-duty Truck
Heavy-duty Truck
Segmentation by application
Logistics
Municipal
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Volvo
DAF Trucks
BYD
Scania Group
MAN
XCMG
Dongfeng Motor
Mercedes-Benz Trucks
Chongqing Ruichi Automobile
Shineray Group
Sky-well New Energy Automobile
Changan Automobile
Mitsubishi Fuso
Zhengzhou Yutong
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Drive Truck market?
What factors are driving Electric Drive Truck market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Drive Truck market opportunities vary by end market size?
How does Electric Drive Truck break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Electric Drive Truck Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Electric Drive Truck by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Electric Drive Truck by Country/Region, 2019, 2023 & 2030
2.2 Electric Drive Truck Segment by Type
2.2.1 Light & Medium-duty Truck
2.2.2 Heavy-duty Truck
2.3 Electric Drive Truck Sales by Type
2.3.1 Global Electric Drive Truck Sales Market Share by Type (2019-2024)
2.3.2 Global Electric Drive Truck Revenue and Market Share by Type (2019-2024)
2.3.3 Global Electric Drive Truck Sale Price by Type (2019-2024)
2.4 Electric Drive Truck Segment by Application
2.4.1 Logistics
2.4.2 Municipal
2.5 Electric Drive Truck Sales by Application
2.5.1 Global Electric Drive Truck Sale Market Share by Application (2019-2024)
2.5.2 Global Electric Drive Truck Revenue and Market Share by Application (2019-2024)
2.5.3 Global Electric Drive Truck Sale Price by Application (2019-2024)
3 Global Electric Drive Truck by Company
3.1 Global Electric Drive Truck Breakdown Data by Company
3.1.1 Global Electric Drive Truck Annual Sales by Company (2019-2024)
3.1.2 Global Electric Drive Truck Sales Market Share by Company (2019-2024)
3.2 Global Electric Drive Truck Annual Revenue by Company (2019-2024)
3.2.1 Global Electric Drive Truck Revenue by Company (2019-2024)
3.2.2 Global Electric Drive Truck Revenue Market Share by Company (2019-2024)
3.3 Global Electric Drive Truck Sale Price by Company
3.4 Key Manufacturers Electric Drive Truck Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Electric Drive Truck Product Location Distribution
3.4.2 Players Electric Drive Truck Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Electric Drive Truck by Geographic Region
4.1 World Historic Electric Drive Truck Market Size by Geographic Region (2019-2024)
4.1.1 Global Electric Drive Truck Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Electric Drive Truck Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Electric Drive Truck Market Size by Country/Region (2019-2024)
4.2.1 Global Electric Drive Truck Annual Sales by Country/Region (2019-2024)
4.2.2 Global Electric Drive Truck Annual Revenue by Country/Region (2019-2024)
4.3 Americas Electric Drive Truck Sales Growth
4.4 APAC Electric Drive Truck Sales Growth
4.5 Europe Electric Drive Truck Sales Growth
4.6 Middle East & Africa Electric Drive Truck Sales Growth
5 Americas
5.1 Americas Electric Drive Truck Sales by Country
5.1.1 Americas Electric Drive Truck Sales by Country (2019-2024)
5.1.2 Americas Electric Drive Truck Revenue by Country (2019-2024)
5.2 Americas Electric Drive Truck Sales by Type
5.3 Americas Electric Drive Truck Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Electric Drive Truck Sales by Region
6.1.1 APAC Electric Drive Truck Sales by Region (2019-2024)
6.1.2 APAC Electric Drive Truck Revenue by Region (2019-2024)
6.2 APAC Electric Drive Truck Sales by Type
6.3 APAC Electric Drive Truck Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Electric Drive Truck by Country
7.1.1 Europe Electric Drive Truck Sales by Country (2019-2024)
7.1.2 Europe Electric Drive Truck Revenue by Country (2019-2024)
7.2 Europe Electric Drive Truck Sales by Type
7.3 Europe Electric Drive Truck Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Electric Drive Truck by Country
8.1.1 Middle East & Africa Electric Drive Truck Sales by Country (2019-2024)
8.1.2 Middle East & Africa Electric Drive Truck Revenue by Country (2019-2024)
8.2 Middle East & Africa Electric Drive Truck Sales by Type
8.3 Middle East & Africa Electric Drive Truck Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Electric Drive Truck
10.3 Manufacturing Process Analysis of Electric Drive Truck
10.4 Industry Chain Structure of Electric Drive Truck
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Electric Drive Truck Distributors
11.3 Electric Drive Truck Customer
12 World Forecast Review for Electric Drive Truck by Geographic Region
12.1 Global Electric Drive Truck Market Size Forecast by Region
12.1.1 Global Electric Drive Truck Forecast by Region (2025-2030)
12.1.2 Global Electric Drive Truck Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Electric Drive Truck Forecast by Type
12.7 Global Electric Drive Truck Forecast by Application
13 Key Players Analysis
13.1 Volvo
13.1.1 Volvo Company Information
13.1.2 Volvo Electric Drive Truck Product Portfolios and Specifications
13.1.3 Volvo Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Volvo Main Business Overview
13.1.5 Volvo Latest Developments
13.2 DAF Trucks
13.2.1 DAF Trucks Company Information
13.2.2 DAF Trucks Electric Drive Truck Product Portfolios and Specifications
13.2.3 DAF Trucks Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 DAF Trucks Main Business Overview
13.2.5 DAF Trucks Latest Developments
13.3 BYD
13.3.1 BYD Company Information
13.3.2 BYD Electric Drive Truck Product Portfolios and Specifications
13.3.3 BYD Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 BYD Main Business Overview
13.3.5 BYD Latest Developments
13.4 Scania Group
13.4.1 Scania Group Company Information
13.4.2 Scania Group Electric Drive Truck Product Portfolios and Specifications
13.4.3 Scania Group Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Scania Group Main Business Overview
13.4.5 Scania Group Latest Developments
13.5 MAN
13.5.1 MAN Company Information
13.5.2 MAN Electric Drive Truck Product Portfolios and Specifications
13.5.3 MAN Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 MAN Main Business Overview
13.5.5 MAN Latest Developments
13.6 XCMG
13.6.1 XCMG Company Information
13.6.2 XCMG Electric Drive Truck Product Portfolios and Specifications
13.6.3 XCMG Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 XCMG Main Business Overview
13.6.5 XCMG Latest Developments
13.7 Dongfeng Motor
13.7.1 Dongfeng Motor Company Information
13.7.2 Dongfeng Motor Electric Drive Truck Product Portfolios and Specifications
13.7.3 Dongfeng Motor Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Dongfeng Motor Main Business Overview
13.7.5 Dongfeng Motor Latest Developments
13.8 Mercedes-Benz Trucks
13.8.1 Mercedes-Benz Trucks Company Information
13.8.2 Mercedes-Benz Trucks Electric Drive Truck Product Portfolios and Specifications
13.8.3 Mercedes-Benz Trucks Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Mercedes-Benz Trucks Main Business Overview
13.8.5 Mercedes-Benz Trucks Latest Developments
13.9 Chongqing Ruichi Automobile
13.9.1 Chongqing Ruichi Automobile Company Information
13.9.2 Chongqing Ruichi Automobile Electric Drive Truck Product Portfolios and Specifications
13.9.3 Chongqing Ruichi Automobile Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 Chongqing Ruichi Automobile Main Business Overview
13.9.5 Chongqing Ruichi Automobile Latest Developments
13.10 Shineray Group
13.10.1 Shineray Group Company Information
13.10.2 Shineray Group Electric Drive Truck Product Portfolios and Specifications
13.10.3 Shineray Group Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Shineray Group Main Business Overview
13.10.5 Shineray Group Latest Developments
13.11 Sky-well New Energy Automobile
13.11.1 Sky-well New Energy Automobile Company Information
13.11.2 Sky-well New Energy Automobile Electric Drive Truck Product Portfolios and Specifications
13.11.3 Sky-well New Energy Automobile Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 Sky-well New Energy Automobile Main Business Overview
13.11.5 Sky-well New Energy Automobile Latest Developments
13.12 Changan Automobile
13.12.1 Changan Automobile Company Information
13.12.2 Changan Automobile Electric Drive Truck Product Portfolios and Specifications
13.12.3 Changan Automobile Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Changan Automobile Main Business Overview
13.12.5 Changan Automobile Latest Developments
13.13 Mitsubishi Fuso
13.13.1 Mitsubishi Fuso Company Information
13.13.2 Mitsubishi Fuso Electric Drive Truck Product Portfolios and Specifications
13.13.3 Mitsubishi Fuso Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 Mitsubishi Fuso Main Business Overview
13.13.5 Mitsubishi Fuso Latest Developments
13.14 Zhengzhou Yutong
13.14.1 Zhengzhou Yutong Company Information
13.14.2 Zhengzhou Yutong Electric Drive Truck Product Portfolios and Specifications
13.14.3 Zhengzhou Yutong Electric Drive Truck Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Zhengzhou Yutong Main Business Overview
13.14.5 Zhengzhou Yutong Latest Developments
14 Research Findings and Conclusion
*If Applicable.