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Global Electric Commercial Heavy Vehicle Market Research Report 2025
Synopsis
In this report, we mainly study the electric commercial heavy vehicles, include Class 6, 7 and 8 heavy-vehicle/trucks. {Class 6- Medium truck 19,501–26,000 pounds (8,846–11,793 kg), Class 7 Heavy truck: 26,001–33,000 pounds (11,794–14,969 kg) and Class 8 Heavy truck: 33,001 pounds (14,969 kg) and above}
The global Electric Commercial Heavy Vehicle market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Electric Commercial Heavy Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Electric Commercial Heavy Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Electric Commercial Heavy Vehicle include Volvo Trucks, Daimler, BYD Truck, Iveco, Scania, MAN Truck & Bus, Faw Jiefang Group, DAF and Shaanxi Automobile Group, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electric Commercial Heavy Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Commercial Heavy Vehicle.
Report Scope
The Electric Commercial Heavy Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Commercial Heavy Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Commercial Heavy Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Volvo Trucks
Daimler
BYD Truck
Iveco
Scania
MAN Truck & Bus
Faw Jiefang Group
DAF
Shaanxi Automobile Group
Segment by Type
Class 6- Medium Truck
Class 7-Heavy Truck
Class 8-Heavy Truck
Segment by Application
Construction
Mining
Ports
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Commercial Heavy Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Commercial Heavy Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Commercial Heavy Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
In this report, we mainly study the electric commercial heavy vehicles, include Class 6, 7 and 8 heavy-vehicle/trucks. {Class 6- Medium truck 19,501–26,000 pounds (8,846–11,793 kg), Class 7 Heavy truck: 26,001–33,000 pounds (11,794–14,969 kg) and Class 8 Heavy truck: 33,001 pounds (14,969 kg) and above}
The global Electric Commercial Heavy Vehicle market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Electric Commercial Heavy Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Electric Commercial Heavy Vehicle is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Electric Commercial Heavy Vehicle include Volvo Trucks, Daimler, BYD Truck, Iveco, Scania, MAN Truck & Bus, Faw Jiefang Group, DAF and Shaanxi Automobile Group, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electric Commercial Heavy Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Commercial Heavy Vehicle.
Report Scope
The Electric Commercial Heavy Vehicle market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Commercial Heavy Vehicle market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Commercial Heavy Vehicle manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Volvo Trucks
Daimler
BYD Truck
Iveco
Scania
MAN Truck & Bus
Faw Jiefang Group
DAF
Shaanxi Automobile Group
Segment by Type
Class 6- Medium Truck
Class 7-Heavy Truck
Class 8-Heavy Truck
Segment by Application
Construction
Mining
Ports
Other
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Commercial Heavy Vehicle manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Commercial Heavy Vehicle by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Commercial Heavy Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Index1 Electric Commercial Heavy Vehicle Market Overview
1.1 Product Definition
1.2 Electric Commercial Heavy Vehicle Segment by Type
1.2.1 Global Electric Commercial Heavy Vehicle Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Class 6- Medium Truck
1.2.3 Class 7-Heavy Truck
1.2.4 Class 8-Heavy Truck
1.3 Electric Commercial Heavy Vehicle Segment by Application
1.3.1 Global Electric Commercial Heavy Vehicle Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Construction
1.3.3 Mining
1.3.4 Ports
1.3.5 Other
1.4 Global Market Growth Prospects
1.4.1 Global Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Commercial Heavy Vehicle Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Commercial Heavy Vehicle Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Commercial Heavy Vehicle Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Commercial Heavy Vehicle Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Commercial Heavy Vehicle Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Commercial Heavy Vehicle, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Commercial Heavy Vehicle Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Commercial Heavy Vehicle Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Commercial Heavy Vehicle, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Commercial Heavy Vehicle, Product Offered and Application
2.8 Global Key Manufacturers of Electric Commercial Heavy Vehicle, Date of Enter into This Industry
2.9 Electric Commercial Heavy Vehicle Market Competitive Situation and Trends
2.9.1 Electric Commercial Heavy Vehicle Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Commercial Heavy Vehicle Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Commercial Heavy Vehicle Production by Region
3.1 Global Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Commercial Heavy Vehicle Production Value by Region (2019-2030)
3.2.1 Global Electric Commercial Heavy Vehicle Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Commercial Heavy Vehicle by Region (2025-2030)
3.3 Global Electric Commercial Heavy Vehicle Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Commercial Heavy Vehicle Production by Region (2019-2030)
3.4.1 Global Electric Commercial Heavy Vehicle Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Commercial Heavy Vehicle by Region (2025-2030)
3.5 Global Electric Commercial Heavy Vehicle Market Price Analysis by Region (2019-2024)
3.6 Global Electric Commercial Heavy Vehicle Production and Value, Year-over-Year Growth
3.6.1 North America Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Electric Commercial Heavy Vehicle Production Value Estimates and Forecasts (2019-2030)
4 Electric Commercial Heavy Vehicle Consumption by Region
4.1 Global Electric Commercial Heavy Vehicle Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Commercial Heavy Vehicle Consumption by Region (2019-2030)
4.2.1 Global Electric Commercial Heavy Vehicle Consumption by Region (2019-2024)
4.2.2 Global Electric Commercial Heavy Vehicle Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Commercial Heavy Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Commercial Heavy Vehicle Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Commercial Heavy Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Commercial Heavy Vehicle Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Commercial Heavy Vehicle Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Commercial Heavy Vehicle Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Commercial Heavy Vehicle Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Commercial Heavy Vehicle Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Commercial Heavy Vehicle Production by Type (2019-2030)
5.1.1 Global Electric Commercial Heavy Vehicle Production by Type (2019-2024)
5.1.2 Global Electric Commercial Heavy Vehicle Production by Type (2025-2030)
5.1.3 Global Electric Commercial Heavy Vehicle Production Market Share by Type (2019-2030)
5.2 Global Electric Commercial Heavy Vehicle Production Value by Type (2019-2030)
5.2.1 Global Electric Commercial Heavy Vehicle Production Value by Type (2019-2024)
5.2.2 Global Electric Commercial Heavy Vehicle Production Value by Type (2025-2030)
5.2.3 Global Electric Commercial Heavy Vehicle Production Value Market Share by Type (2019-2030)
5.3 Global Electric Commercial Heavy Vehicle Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Commercial Heavy Vehicle Production by Application (2019-2030)
6.1.1 Global Electric Commercial Heavy Vehicle Production by Application (2019-2024)
6.1.2 Global Electric Commercial Heavy Vehicle Production by Application (2025-2030)
6.1.3 Global Electric Commercial Heavy Vehicle Production Market Share by Application (2019-2030)
6.2 Global Electric Commercial Heavy Vehicle Production Value by Application (2019-2030)
6.2.1 Global Electric Commercial Heavy Vehicle Production Value by Application (2019-2024)
6.2.2 Global Electric Commercial Heavy Vehicle Production Value by Application (2025-2030)
6.2.3 Global Electric Commercial Heavy Vehicle Production Value Market Share by Application (2019-2030)
6.3 Global Electric Commercial Heavy Vehicle Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Volvo Trucks
7.1.1 Volvo Trucks Electric Commercial Heavy Vehicle Corporation Information
7.1.2 Volvo Trucks Electric Commercial Heavy Vehicle Product Portfolio
7.1.3 Volvo Trucks Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Volvo Trucks Main Business and Markets Served
7.1.5 Volvo Trucks Recent Developments/Updates
7.2 Daimler
7.2.1 Daimler Electric Commercial Heavy Vehicle Corporation Information
7.2.2 Daimler Electric Commercial Heavy Vehicle Product Portfolio
7.2.3 Daimler Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Daimler Main Business and Markets Served
7.2.5 Daimler Recent Developments/Updates
7.3 BYD Truck
7.3.1 BYD Truck Electric Commercial Heavy Vehicle Corporation Information
7.3.2 BYD Truck Electric Commercial Heavy Vehicle Product Portfolio
7.3.3 BYD Truck Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.3.4 BYD Truck Main Business and Markets Served
7.3.5 BYD Truck Recent Developments/Updates
7.4 Iveco
7.4.1 Iveco Electric Commercial Heavy Vehicle Corporation Information
7.4.2 Iveco Electric Commercial Heavy Vehicle Product Portfolio
7.4.3 Iveco Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Iveco Main Business and Markets Served
7.4.5 Iveco Recent Developments/Updates
7.5 Scania
7.5.1 Scania Electric Commercial Heavy Vehicle Corporation Information
7.5.2 Scania Electric Commercial Heavy Vehicle Product Portfolio
7.5.3 Scania Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Scania Main Business and Markets Served
7.5.5 Scania Recent Developments/Updates
7.6 MAN Truck & Bus
7.6.1 MAN Truck & Bus Electric Commercial Heavy Vehicle Corporation Information
7.6.2 MAN Truck & Bus Electric Commercial Heavy Vehicle Product Portfolio
7.6.3 MAN Truck & Bus Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.6.4 MAN Truck & Bus Main Business and Markets Served
7.6.5 MAN Truck & Bus Recent Developments/Updates
7.7 Faw Jiefang Group
7.7.1 Faw Jiefang Group Electric Commercial Heavy Vehicle Corporation Information
7.7.2 Faw Jiefang Group Electric Commercial Heavy Vehicle Product Portfolio
7.7.3 Faw Jiefang Group Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Faw Jiefang Group Main Business and Markets Served
7.7.5 Faw Jiefang Group Recent Developments/Updates
7.8 DAF
7.8.1 DAF Electric Commercial Heavy Vehicle Corporation Information
7.8.2 DAF Electric Commercial Heavy Vehicle Product Portfolio
7.8.3 DAF Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.8.4 DAF Main Business and Markets Served
7.7.5 DAF Recent Developments/Updates
7.9 Shaanxi Automobile Group
7.9.1 Shaanxi Automobile Group Electric Commercial Heavy Vehicle Corporation Information
7.9.2 Shaanxi Automobile Group Electric Commercial Heavy Vehicle Product Portfolio
7.9.3 Shaanxi Automobile Group Electric Commercial Heavy Vehicle Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shaanxi Automobile Group Main Business and Markets Served
7.9.5 Shaanxi Automobile Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Commercial Heavy Vehicle Industry Chain Analysis
8.2 Electric Commercial Heavy Vehicle Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Commercial Heavy Vehicle Production Mode & Process
8.4 Electric Commercial Heavy Vehicle Sales and Marketing
8.4.1 Electric Commercial Heavy Vehicle Sales Channels
8.4.2 Electric Commercial Heavy Vehicle Distributors
8.5 Electric Commercial Heavy Vehicle Customers
9 Electric Commercial Heavy Vehicle Market Dynamics
9.1 Electric Commercial Heavy Vehicle Industry Trends
9.2 Electric Commercial Heavy Vehicle Market Drivers
9.3 Electric Commercial Heavy Vehicle Market Challenges
9.4 Electric Commercial Heavy Vehicle Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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