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Electric Drive Truck-Global Market Insights and Sales Trends 2024
Synopsis
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 global Electric Drive Truck market size is expected to reach US$ 2394.3 million by 2029, growing at a CAGR of 20.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Drive Truck in various end use industries. The expanding demands from the Logistics and Municipal, are propelling Electric Drive Truck market. Light & Medium-duty Truck, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heavy-duty Truck segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Drive Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Drive Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Drive Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Drive Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Drive Truck covered in this report include Volvo, DAF Trucks, BYD, Scania Group, MAN, XCMG, Dongfeng Motor, Mercedes-Benz Trucks and Chongqing Ruichi Automobile, etc.
The global Electric Drive Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Electric Drive Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Drive Truck market, Segment by Type:
Light & Medium-duty Truck
Heavy-duty Truck
Global Electric Drive Truck market, by Application
Logistics
Municipal
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Drive Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Drive Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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 global Electric Drive Truck market size is expected to reach US$ 2394.3 million by 2029, growing at a CAGR of 20.4% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Drive Truck in various end use industries. The expanding demands from the Logistics and Municipal, are propelling Electric Drive Truck market. Light & Medium-duty Truck, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Heavy-duty Truck segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Electric Drive Truck, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Electric Drive Truck market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Electric Drive Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric Drive Truck sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Electric Drive Truck covered in this report include Volvo, DAF Trucks, BYD, Scania Group, MAN, XCMG, Dongfeng Motor, Mercedes-Benz Trucks and Chongqing Ruichi Automobile, etc.
The global Electric Drive Truck market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global Electric Drive Truck market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Drive Truck market, Segment by Type:
Light & Medium-duty Truck
Heavy-duty Truck
Global Electric Drive Truck market, by Application
Logistics
Municipal
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Drive Truck manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Drive Truck in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Electric Drive Truck Market Overview
1.1 Electric Drive Truck Product Overview
1.2 Electric Drive Truck Market Segment by Type
1.2.1 Light & Medium-duty Truck
1.2.2 Heavy-duty Truck
1.3 Global Electric Drive Truck Market Size by Type
1.3.1 Global Electric Drive Truck Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Drive Truck Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Drive Truck Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Drive Truck Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Drive Truck Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Drive Truck Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Drive Truck Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Drive Truck Sales Breakdown by Type (2018-2023)
2 Global Electric Drive Truck Market Competition by Company
2.1 Global Top Players by Electric Drive Truck Sales (2018-2023)
2.2 Global Top Players by Electric Drive Truck Revenue (2018-2023)
2.3 Global Top Players by Electric Drive Truck Price (2018-2023)
2.4 Global Top Manufacturers Electric Drive Truck Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Drive Truck Market Competitive Situation and Trends
2.5.1 Electric Drive Truck Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric Drive Truck Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Electric Drive Truck as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Drive Truck Market
2.8 Key Manufacturers Electric Drive Truck Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Drive Truck Status and Outlook by Region
3.1 Global Electric Drive Truck Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Drive Truck Historic Market Size by Region
3.2.1 Global Electric Drive Truck Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Drive Truck Sales in Value by Region (2018-2023)
3.2.3 Global Electric Drive Truck Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Drive Truck Forecasted Market Size by Region
3.3.1 Global Electric Drive Truck Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Drive Truck Sales in Value by Region (2024-2029)
3.3.3 Global Electric Drive Truck Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Drive Truck by Application
4.1 Electric Drive Truck Market Segment by Application
4.1.1 Logistics
4.1.2 Municipal
4.2 Global Electric Drive Truck Market Size by Application
4.2.1 Global Electric Drive Truck Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Drive Truck Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Drive Truck Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Drive Truck Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Drive Truck Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Drive Truck Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Drive Truck Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Drive Truck Sales Breakdown by Application (2018-2023)
5 North America Electric Drive Truck by Country
5.1 North America Electric Drive Truck Historic Market Size by Country
5.1.1 North America Electric Drive Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Drive Truck Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Drive Truck Sales in Value by Country (2018-2023)
5.2 North America Electric Drive Truck Forecasted Market Size by Country
5.2.1 North America Electric Drive Truck Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Drive Truck Sales in Value by Country (2024-2029)
6 Europe Electric Drive Truck by Country
6.1 Europe Electric Drive Truck Historic Market Size by Country
6.1.1 Europe Electric Drive Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Drive Truck Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Drive Truck Sales in Value by Country (2018-2023)
6.2 Europe Electric Drive Truck Forecasted Market Size by Country
6.2.1 Europe Electric Drive Truck Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Drive Truck Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Drive Truck by Region
7.1 Asia-Pacific Electric Drive Truck Historic Market Size by Region
7.1.1 Asia-Pacific Electric Drive Truck Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Drive Truck Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Drive Truck Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Drive Truck Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Drive Truck Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Drive Truck Sales in Value by Region (2024-2029)
8 Latin America Electric Drive Truck by Country
8.1 Latin America Electric Drive Truck Historic Market Size by Country
8.1.1 Latin America Electric Drive Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Drive Truck Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Drive Truck Sales in Value by Country (2018-2023)
8.2 Latin America Electric Drive Truck Forecasted Market Size by Country
8.2.1 Latin America Electric Drive Truck Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Drive Truck Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Drive Truck by Country
9.1 Middle East and Africa Electric Drive Truck Historic Market Size by Country
9.1.1 Middle East and Africa Electric Drive Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Drive Truck Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Drive Truck Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Drive Truck Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Drive Truck Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Drive Truck Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Volvo
10.1.1 Volvo Company Information
10.1.2 Volvo Introduction and Business Overview
10.1.3 Volvo Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Volvo Electric Drive Truck Products Offered
10.1.5 Volvo Recent Development
10.2 DAF Trucks
10.2.1 DAF Trucks Company Information
10.2.2 DAF Trucks Introduction and Business Overview
10.2.3 DAF Trucks Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.2.4 DAF Trucks Electric Drive Truck Products Offered
10.2.5 DAF Trucks Recent Development
10.3 BYD
10.3.1 BYD Company Information
10.3.2 BYD Introduction and Business Overview
10.3.3 BYD Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.3.4 BYD Electric Drive Truck Products Offered
10.3.5 BYD Recent Development
10.4 Scania Group
10.4.1 Scania Group Company Information
10.4.2 Scania Group Introduction and Business Overview
10.4.3 Scania Group Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Scania Group Electric Drive Truck Products Offered
10.4.5 Scania Group Recent Development
10.5 MAN
10.5.1 MAN Company Information
10.5.2 MAN Introduction and Business Overview
10.5.3 MAN Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.5.4 MAN Electric Drive Truck Products Offered
10.5.5 MAN Recent Development
10.6 XCMG
10.6.1 XCMG Company Information
10.6.2 XCMG Introduction and Business Overview
10.6.3 XCMG Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.6.4 XCMG Electric Drive Truck Products Offered
10.6.5 XCMG Recent Development
10.7 Dongfeng Motor
10.7.1 Dongfeng Motor Company Information
10.7.2 Dongfeng Motor Introduction and Business Overview
10.7.3 Dongfeng Motor Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Dongfeng Motor Electric Drive Truck Products Offered
10.7.5 Dongfeng Motor Recent Development
10.8 Mercedes-Benz Trucks
10.8.1 Mercedes-Benz Trucks Company Information
10.8.2 Mercedes-Benz Trucks Introduction and Business Overview
10.8.3 Mercedes-Benz Trucks Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Mercedes-Benz Trucks Electric Drive Truck Products Offered
10.8.5 Mercedes-Benz Trucks Recent Development
10.9 Chongqing Ruichi Automobile
10.9.1 Chongqing Ruichi Automobile Company Information
10.9.2 Chongqing Ruichi Automobile Introduction and Business Overview
10.9.3 Chongqing Ruichi Automobile Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Chongqing Ruichi Automobile Electric Drive Truck Products Offered
10.9.5 Chongqing Ruichi Automobile Recent Development
10.10 Shineray Group
10.10.1 Shineray Group Company Information
10.10.2 Shineray Group Introduction and Business Overview
10.10.3 Shineray Group Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Shineray Group Electric Drive Truck Products Offered
10.10.5 Shineray Group Recent Development
10.11 Sky-well New Energy Automobile
10.11.1 Sky-well New Energy Automobile Company Information
10.11.2 Sky-well New Energy Automobile Introduction and Business Overview
10.11.3 Sky-well New Energy Automobile Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Sky-well New Energy Automobile Electric Drive Truck Products Offered
10.11.5 Sky-well New Energy Automobile Recent Development
10.12 Changan Automobile
10.12.1 Changan Automobile Company Information
10.12.2 Changan Automobile Introduction and Business Overview
10.12.3 Changan Automobile Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Changan Automobile Electric Drive Truck Products Offered
10.12.5 Changan Automobile Recent Development
10.13 Mitsubishi Fuso
10.13.1 Mitsubishi Fuso Company Information
10.13.2 Mitsubishi Fuso Introduction and Business Overview
10.13.3 Mitsubishi Fuso Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Mitsubishi Fuso Electric Drive Truck Products Offered
10.13.5 Mitsubishi Fuso Recent Development
10.14 Zhengzhou Yutong
10.14.1 Zhengzhou Yutong Company Information
10.14.2 Zhengzhou Yutong Introduction and Business Overview
10.14.3 Zhengzhou Yutong Electric Drive Truck Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Zhengzhou Yutong Electric Drive Truck Products Offered
10.14.5 Zhengzhou Yutong Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric Drive Truck Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Electric Drive Truck Industrial Chain Analysis
11.4 Electric Drive Truck Market Dynamics
11.4.1 Electric Drive Truck Industry Trends
11.4.2 Electric Drive Truck Market Drivers
11.4.3 Electric Drive Truck Market Challenges
11.4.4 Electric Drive Truck Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Drive Truck Distributors
12.3 Electric Drive Truck Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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