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Electric Truck-Global Market Insights and Sales Trends 2024
Synopsis
The global Electric Truck market size is expected to reach US$ 2111.5 million by 2029, growing at a CAGR of 31.2% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Truck in various end use industries. The expanding demands from the Logistics, Municipal and Others,, are propelling Electric Truck market. 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.
Asia Pacific shows high growth potential for Electric Truck market, driven by demand from China, the second largest economy with some signs of stabilising, the Electric Truck market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 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 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 Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric 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 Truck covered in this report include Dongfeng, Hino Motors, Daimler (Mitsubishi Fuso), PACCAR, Isuzu, Navistar, Renault, BYD and Smith Electric Vehicles, etc.
The global Electric 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:
Dongfeng
Hino Motors
Daimler (Mitsubishi Fuso)
PACCAR
Isuzu
Navistar
Renault
BYD
Smith Electric Vehicles
Zenith Motors
Alke XT
Voltia
Global Electric 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 Truck market, Segment by Type:
Medium-duty Truck
Heavy-duty Truck
Global Electric Truck market, by Application
Logistics
Municipal
Others
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 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 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.
The global Electric Truck market size is expected to reach US$ 2111.5 million by 2029, growing at a CAGR of 31.2% from 2023 to 2029. The market is mainly driven by the significant applications of Electric Truck in various end use industries. The expanding demands from the Logistics, Municipal and Others,, are propelling Electric Truck market. 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.
Asia Pacific shows high growth potential for Electric Truck market, driven by demand from China, the second largest economy with some signs of stabilising, the Electric Truck market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
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 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 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 Truck market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Electric 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 Truck covered in this report include Dongfeng, Hino Motors, Daimler (Mitsubishi Fuso), PACCAR, Isuzu, Navistar, Renault, BYD and Smith Electric Vehicles, etc.
The global Electric 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:
Dongfeng
Hino Motors
Daimler (Mitsubishi Fuso)
PACCAR
Isuzu
Navistar
Renault
BYD
Smith Electric Vehicles
Zenith Motors
Alke XT
Voltia
Global Electric 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 Truck market, Segment by Type:
Medium-duty Truck
Heavy-duty Truck
Global Electric Truck market, by Application
Logistics
Municipal
Others
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 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 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 Truck Market Overview
1.1 Electric Truck Product Overview
1.2 Electric Truck Market Segment by Type
1.2.1 Medium-duty Truck
1.2.2 Heavy-duty Truck
1.3 Global Electric Truck Market Size by Type
1.3.1 Global Electric Truck Market Size Overview by Type (2018-2029)
1.3.2 Global Electric Truck Historic Market Size Review by Type (2018-2023)
1.3.3 Global Electric Truck Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Electric Truck Sales Breakdown by Type (2018-2023)
1.4.2 Europe Electric Truck Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Electric Truck Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Electric Truck Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Electric Truck Sales Breakdown by Type (2018-2023)
2 Global Electric Truck Market Competition by Company
2.1 Global Top Players by Electric Truck Sales (2018-2023)
2.2 Global Top Players by Electric Truck Revenue (2018-2023)
2.3 Global Top Players by Electric Truck Price (2018-2023)
2.4 Global Top Manufacturers Electric Truck Manufacturing Base Distribution, Sales Area, Product Type
2.5 Electric Truck Market Competitive Situation and Trends
2.5.1 Electric Truck Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Electric 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 Truck as of 2022)
2.7 Date of Key Manufacturers Enter into Electric Truck Market
2.8 Key Manufacturers Electric Truck Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Electric Truck Status and Outlook by Region
3.1 Global Electric Truck Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Electric Truck Historic Market Size by Region
3.2.1 Global Electric Truck Sales in Volume by Region (2018-2023)
3.2.2 Global Electric Truck Sales in Value by Region (2018-2023)
3.2.3 Global Electric Truck Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Electric Truck Forecasted Market Size by Region
3.3.1 Global Electric Truck Sales in Volume by Region (2024-2029)
3.3.2 Global Electric Truck Sales in Value by Region (2024-2029)
3.3.3 Global Electric Truck Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Electric Truck by Application
4.1 Electric Truck Market Segment by Application
4.1.1 Logistics
4.1.2 Municipal
4.1.3 Others
4.2 Global Electric Truck Market Size by Application
4.2.1 Global Electric Truck Market Size Overview by Application (2018-2029)
4.2.2 Global Electric Truck Historic Market Size Review by Application (2018-2023)
4.2.3 Global Electric Truck Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Electric Truck Sales Breakdown by Application (2018-2023)
4.3.2 Europe Electric Truck Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Electric Truck Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Electric Truck Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Electric Truck Sales Breakdown by Application (2018-2023)
5 North America Electric Truck by Country
5.1 North America Electric Truck Historic Market Size by Country
5.1.1 North America Electric Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Electric Truck Sales in Volume by Country (2018-2023)
5.1.3 North America Electric Truck Sales in Value by Country (2018-2023)
5.2 North America Electric Truck Forecasted Market Size by Country
5.2.1 North America Electric Truck Sales in Volume by Country (2024-2029)
5.2.2 North America Electric Truck Sales in Value by Country (2024-2029)
6 Europe Electric Truck by Country
6.1 Europe Electric Truck Historic Market Size by Country
6.1.1 Europe Electric Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Electric Truck Sales in Volume by Country (2018-2023)
6.1.3 Europe Electric Truck Sales in Value by Country (2018-2023)
6.2 Europe Electric Truck Forecasted Market Size by Country
6.2.1 Europe Electric Truck Sales in Volume by Country (2024-2029)
6.2.2 Europe Electric Truck Sales in Value by Country (2024-2029)
7 Asia-Pacific Electric Truck by Region
7.1 Asia-Pacific Electric Truck Historic Market Size by Region
7.1.1 Asia-Pacific Electric Truck Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Electric Truck Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Electric Truck Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Electric Truck Forecasted Market Size by Region
7.2.1 Asia-Pacific Electric Truck Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Electric Truck Sales in Value by Region (2024-2029)
8 Latin America Electric Truck by Country
8.1 Latin America Electric Truck Historic Market Size by Country
8.1.1 Latin America Electric Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Electric Truck Sales in Volume by Country (2018-2023)
8.1.3 Latin America Electric Truck Sales in Value by Country (2018-2023)
8.2 Latin America Electric Truck Forecasted Market Size by Country
8.2.1 Latin America Electric Truck Sales in Volume by Country (2024-2029)
8.2.2 Latin America Electric Truck Sales in Value by Country (2024-2029)
9 Middle East and Africa Electric Truck by Country
9.1 Middle East and Africa Electric Truck Historic Market Size by Country
9.1.1 Middle East and Africa Electric Truck Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Electric Truck Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Electric Truck Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Electric Truck Forecasted Market Size by Country
9.2.1 Middle East and Africa Electric Truck Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Electric Truck Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Dongfeng
10.1.1 Dongfeng Company Information
10.1.2 Dongfeng Introduction and Business Overview
10.1.3 Dongfeng Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Dongfeng Electric Truck Products Offered
10.1.5 Dongfeng Recent Development
10.2 Hino Motors
10.2.1 Hino Motors Company Information
10.2.2 Hino Motors Introduction and Business Overview
10.2.3 Hino Motors Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hino Motors Electric Truck Products Offered
10.2.5 Hino Motors Recent Development
10.3 Daimler (Mitsubishi Fuso)
10.3.1 Daimler (Mitsubishi Fuso) Company Information
10.3.2 Daimler (Mitsubishi Fuso) Introduction and Business Overview
10.3.3 Daimler (Mitsubishi Fuso) Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Daimler (Mitsubishi Fuso) Electric Truck Products Offered
10.3.5 Daimler (Mitsubishi Fuso) Recent Development
10.4 PACCAR
10.4.1 PACCAR Company Information
10.4.2 PACCAR Introduction and Business Overview
10.4.3 PACCAR Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PACCAR Electric Truck Products Offered
10.4.5 PACCAR Recent Development
10.5 Isuzu
10.5.1 Isuzu Company Information
10.5.2 Isuzu Introduction and Business Overview
10.5.3 Isuzu Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Isuzu Electric Truck Products Offered
10.5.5 Isuzu Recent Development
10.6 Navistar
10.6.1 Navistar Company Information
10.6.2 Navistar Introduction and Business Overview
10.6.3 Navistar Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Navistar Electric Truck Products Offered
10.6.5 Navistar Recent Development
10.7 Renault
10.7.1 Renault Company Information
10.7.2 Renault Introduction and Business Overview
10.7.3 Renault Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Renault Electric Truck Products Offered
10.7.5 Renault Recent Development
10.8 BYD
10.8.1 BYD Company Information
10.8.2 BYD Introduction and Business Overview
10.8.3 BYD Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.8.4 BYD Electric Truck Products Offered
10.8.5 BYD Recent Development
10.9 Smith Electric Vehicles
10.9.1 Smith Electric Vehicles Company Information
10.9.2 Smith Electric Vehicles Introduction and Business Overview
10.9.3 Smith Electric Vehicles Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Smith Electric Vehicles Electric Truck Products Offered
10.9.5 Smith Electric Vehicles Recent Development
10.10 Zenith Motors
10.10.1 Zenith Motors Company Information
10.10.2 Zenith Motors Introduction and Business Overview
10.10.3 Zenith Motors Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Zenith Motors Electric Truck Products Offered
10.10.5 Zenith Motors Recent Development
10.11 Alke XT
10.11.1 Alke XT Company Information
10.11.2 Alke XT Introduction and Business Overview
10.11.3 Alke XT Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Alke XT Electric Truck Products Offered
10.11.5 Alke XT Recent Development
10.12 Voltia
10.12.1 Voltia Company Information
10.12.2 Voltia Introduction and Business Overview
10.12.3 Voltia Electric Truck Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Voltia Electric Truck Products Offered
10.12.5 Voltia Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Electric 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 Truck Industrial Chain Analysis
11.4 Electric Truck Market Dynamics
11.4.1 Electric Truck Industry Trends
11.4.2 Electric Truck Market Drivers
11.4.3 Electric Truck Market Challenges
11.4.4 Electric Truck Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Electric Truck Distributors
12.3 Electric 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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