デフォルト表紙
市場調査レポート
商品コード
1451904

電動トラック市場レポート:車両タイプ、推進、距離、用途、地域別、2024-2032

Electric Truck Market Report by Vehicle Type, Propulsion, Range, Application, and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 142 Pages | 納期: 2~3営業日

● お客様のご希望に応じて、既存データの加工や未掲載情報(例:国別セグメント)の追加などの対応が可能です。  詳細はお問い合わせください。

価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=155.85円
電動トラック市場レポート:車両タイプ、推進、距離、用途、地域別、2024-2032
出版日: 2024年03月02日
発行: IMARC
ページ情報: 英文 142 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界の電動トラック市場規模は2023年に6億7,280万米ドルに達しました。今後、IMARC Groupは、市場は2032年までに60億720万米ドルに達し、2024年から2032年の間に26.7%の成長率(CAGR)を示すと予測しています。同市場は、環境意識の高まりと温室効果ガス(GHG)排出削減の必要性、大気汚染対策に向けた政府の好意的な取り組み、費用対効果の高い輸送ソリューションに対する需要の高まりによって、着実な成長を遂げています。

電動トラック市場の分析:

市場の成長と規模:気候変動や大気汚染に対する懸念の高まり、厳しい排出基準などが市場の堅調な成長を後押ししています。

技術の進歩:テレマティクスや自律走行機能などの先進技術の統合は、業務効率と安全性の向上に役立ちます。さらに、バッテリー技術の革新は、航続距離、充電時間、電動トラックの全体的な性能を向上させる。

産業用途:電動トラックは、物流や建設を含む様々な産業において、配送目的で広く利用されています。

地理的動向:北米が市場をリードしており、これは持続可能性目標維持への関心の高まりによるものです。しかし、アジア太平洋は、確立された製造施設の存在により、急成長市場として浮上しています。

競合情勢:主なプレーヤーは研究開発(R&D)活動に投資し、航続距離、効率、性能を改善した先進的な電動トラックモデルを開発しています。

課題と機会:市場は、バッテリーの廃棄管理などの課題に直面する一方で、持続可能な輸送に対する需要の高まりという機会にも遭遇しています。

将来の展望:電動トラック市場の将来は有望です。また、バッテリー技術の向上が市場の成長を後押しすると予想されます。

電動トラック市場の動向:

環境問題への関心の高まり

世界中の人々の環境意識の高まりを背景とした電動トラックへの需要の高まりが、市場の成長を後押ししています。これに加え、気候変動に対する懸念の高まりと温室効果ガス(GHG)排出削減の必要性が市場成長を後押ししています。さらに、環境の持続可能性を維持するために、人々はよりクリーンな交通手段を好むようになっています。彼らは、汚染が健康に及ぼす悪影響を認識しつつあります。これに伴い、電動トラックは従来のディーゼル車に代わる環境に優しい選択肢を提供しています。電動トラックはテールパイプからの排出がゼロであり、都市部でも農村部でも大気汚染を削減する上で極めて重要です。この環境上の利点は、気候変動と闘い、大気の質を改善する努力と一致します。さらに、持続可能性の目標を維持し、ブランドの評判を高め、二酸化炭素排出量を削減するために、さまざまな組織が電動トラックを採用するようになってきています。さらに、電動トラックを彼らのフリートに組み込むことで、環境責任へのコミットメントを示すことができます。

有利な政府イニシアティブ

各国の政府機関は、厳しい排出基準を実施することにより、電動トラックの採用を奨励しています。彼らは大気汚染と闘い、温室効果ガス(GHG)排出を削減することに注力しており、これが市場の成長に寄与しています。これに伴い、企業はよりクリーンな輸送手段を採用するよう奨励するため、数多くのインセンティブを提供しています。これらのインセンティブには、税額控除、リベート、補助金などがあり、電動トラックは企業にとってより経済的に魅力的なものとなっています。これとは別に、さまざまな国が内燃機関車(ICE)の販売を段階的に廃止する目標を発表しており、電気自動車(EV)の採用を促進しています。さらに、各国は充電インフラの開拓に注力しており、電動トラックが広大な新興国市場で効率的に運行できるようにしています。さらに、こうした取り組みにより、持続可能性とクリーンエネルギー・ソリューションの重要性に対する人々の意識が高まっています。

費用対効果の高い輸送ソリューションへの需要の高まり

個人や様々な業界における費用対効果の高い輸送ソリューションに対する需要の高まりが、市場の成長を後押ししています。さらに、電動トラックはエネルギー効率が高く、ディーゼル燃料に比べて同じ距離を移動するのに必要な電力が少なくて済みます。これは、特に電気代がディーゼル価格よりも安定している傾向があるため、車両の寿命にわたって燃料費を削減するのに役立ちます。これとは別に、電動トラックは従来の内燃機関(ICE)車と比べて可動部品が少ないため、メンテナンス・コストが削減されます。さらに、機械的故障の可能性が少ないため、ダウンタイムが少なくなり、メンテナンス費用が削減されます。このようなコスト上の利点により、電動トラックは、運転経費を効果的に管理したいと考えている企業や個人にとって、経済的に実行可能な選択肢となっています。さらに、進歩は電動トラックの運転能力を拡張する上で有益であり、1回の充電でより長い距離をカバーし、より重い貨物積載量を扱うことを可能にします。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 電動トラックの世界市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場予測

第6章 市場内訳:車両タイプ別

  • 小型トラック
    • 市場動向
    • 市場予測
  • 中型トラック
    • 市場動向
    • 市場予測
  • 大型トラック
    • 市場動向
    • 市場予測

第7章 市場内訳:推進別

  • バッテリー電動トラック
    • 市場動向
    • 市場予測
  • ハイブリッド電動トラック
    • 市場動向
    • 市場予測
  • プラグインハイブリッド電動トラック
    • 市場動向
    • 市場予測
  • 燃料電池電動トラック
    • 市場動向
    • 市場予測

第8章 市場内訳:距離別

  • 0-150マイル
    • 市場動向
    • 市場予測
  • 151-300マイル
    • 市場動向
    • 市場予測
  • 300マイル以上
    • 市場動向
    • 市場予測

第9章 市場内訳:用途別

  • ロジスティクス
    • 市場動向
    • 市場予測
  • 自治体
    • 市場動向
    • 市場予測
  • 建設
    • 市場動向
    • 市場予測
  • 鉱業
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第10章 市場内訳:地域別

  • 北米
    • 米国
      • 市場動向
      • 市場予測
    • カナダ
      • 市場動向
      • 市場予測
  • アジア太平洋
    • 中国
      • 市場動向
      • 市場予測
    • 日本
      • 市場動向
      • 市場予測
    • インド
      • 市場動向
      • 市場予測
    • 韓国
      • 市場動向
      • 市場予測
    • オーストラリア
      • 市場動向
      • 市場予測
    • インドネシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 欧州
    • ドイツ
      • 市場動向
      • 市場予測
    • フランス
      • 市場動向
      • 市場予測
    • 英国
      • 市場動向
      • 市場予測
    • イタリア
      • 市場動向
      • 市場予測
    • スペイン
      • 市場動向
      • 市場予測
    • ロシア
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • ラテンアメリカ
    • ブラジル
      • 市場動向
      • 市場予測
    • メキシコ
      • 市場動向
      • 市場予測
    • その他
      • 市場動向
      • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場内訳:国別
    • 市場予測

第11章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第12章 バリューチェーン分析

第13章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第14章 価格分析

第15章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • VolvoGroup
    • BYD Company Ltd.
    • Mercedes-Benz Group AG
    • China FAW Group Co. Ltd .
    • Isuzu Motors Ltd
    • Navistar Inc.
    • PACCAR Inc.
    • Rivian Automotive Inc.
    • Volkswagen AG
    • Tata Motors Limited
    • Tesla Inc.
    • Tevva Motors Limited
図表

List of Figures

  • Figure 1: Global: Electric Truck Market: Major Drivers and Challenges
  • Figure 2: Global: Electric Truck Market: Sales Value (in Million US$), 2018-2023
  • Figure 3: Global: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 4: Global: Electric Truck Market: Breakup by Vehicle Type (in %), 2023
  • Figure 5: Global: Electric Truck Market: Breakup by Propulsion (in %), 2023
  • Figure 6: Global: Electric Truck Market: Breakup by Range (in %), 2023
  • Figure 7: Global: Electric Truck Market: Breakup by Application (in %), 2023
  • Figure 8: Global: Electric Truck Market: Breakup by Region (in %), 2023
  • Figure 9: Global: Electric Truck (Light-duty Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 10: Global: Electric Truck (Light-duty Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 11: Global: Electric Truck (Medium-duty Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 12: Global: Electric Truck (Medium-duty Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 13: Global: Electric Truck (Heavy-duty Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 14: Global: Electric Truck (Heavy-duty Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 15: Global: Electric Truck (Battery Electric Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 16: Global: Electric Truck (Battery Electric Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 17: Global: Electric Truck (Hybrid Electric Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 18: Global: Electric Truck (Hybrid Electric Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 19: Global: Electric Truck (Plug-in Hybrid Electric Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 20: Global: Electric Truck (Plug-in Hybrid Electric Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 21: Global: Electric Truck (Fuel Cell Electric Truck) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 22: Global: Electric Truck (Fuel Cell Electric Truck) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 23: Global: Electric Truck (0-150 Miles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 24: Global: Electric Truck (0-150 Miles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 25: Global: Electric Truck (151-300 Miles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 26: Global: Electric Truck (151-300 Miles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 27: Global: Electric Truck (Above 300 Miles) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 28: Global: Electric Truck (Above 300 Miles) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 29: Global: Electric Truck (Logistics) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 30: Global: Electric Truck (Logistics) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 31: Global: Electric Truck (Municipal) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 32: Global: Electric Truck (Municipal) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 33: Global: Electric Truck (Construction) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 34: Global: Electric Truck (Construction) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 35: Global: Electric Truck (Mining) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 36: Global: Electric Truck (Mining) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 37: Global: Electric Truck (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 38: Global: Electric Truck (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 39: North America: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 40: North America: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 41: United States: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 42: United States: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 43: Canada: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 44: Canada: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 45: Asia-Pacific: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 46: Asia-Pacific: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 47: China: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 48: China: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 49: Japan: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 50: Japan: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 51: India: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 52: India: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 53: South Korea: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 54: South Korea: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 55: Australia: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 56: Australia: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 57: Indonesia: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 58: Indonesia: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 59: Others: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 60: Others: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 61: Europe: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 62: Europe: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 63: Germany: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 64: Germany: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 65: France: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 66: France: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 67: United Kingdom: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 68: United Kingdom: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 69: Italy: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 70: Italy: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 71: Spain: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 72: Spain: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 73: Russia: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 74: Russia: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 75: Others: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 76: Others: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 77: Latin America: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 78: Latin America: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 79: Brazil: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 80: Brazil: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 81: Mexico: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 82: Mexico: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 83: Others: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 84: Others: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 85: Middle East and Africa: Electric Truck Market: Sales Value (in Million US$), 2018 & 2023
  • Figure 86: Middle East and Africa: Electric Truck Market: Breakup by Country (in %), 2023
  • Figure 87: Middle East and Africa: Electric Truck Market Forecast: Sales Value (in Million US$), 2024-2032
  • Figure 88: Global: Electric Truck Industry: SWOT Analysis
  • Figure 89: Global: Electric Truck Industry: Value Chain Analysis
  • Figure 90: Global: Electric Truck Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Electric Truck Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Electric Truck Market Forecast: Breakup by Vehicle Type (in Million US$), 2024-2032
  • Table 3: Global: Electric Truck Market Forecast: Breakup by Propulsion (in Million US$), 2024-2032
  • Table 4: Global: Electric Truck Market Forecast: Breakup by Range (in Million US$), 2024-2032
  • Table 5: Global: Electric Truck Market Forecast: Breakup by Application (in Million US$), 2024-2032
  • Table 6: Global: Electric Truck Market Forecast: Breakup by Region (in Million US$), 2024-2032
  • Table 7: Global: Electric Truck Market: Competitive Structure
  • Table 8: Global: Electric Truck Market: Key Players
目次
Product Code: SR112024A3635

The global electric truck market size reached US$ 672.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 6,007.2 Million by 2032, exhibiting a growth rate (CAGR) of 26.7% during 2024-2032. The market is experiencing steady growth driven by the growing environmental consciousness and the need to reduce greenhouse gas (GHG) emissions, favorable government initiatives to combat air pollution, and increasing demand for cost-effective transportation solutions.

Electric Truck Market Analysis:

Market Growth and Size: The market is witnessing robust growth, driven by increasing concerns about climate change and air pollution, along with stringent emission standards.

Technological Advancements: Integration of advanced technologies like telematics and autonomous features benefits in enhancing operational efficiency and safety. Moreover, innovations in battery technology improve the range, charging times, and overall performance of electric trucks.

Industry Applications: Electric trucks are widely utilized in various industries, including logistics and construction, for delivery purposes.

Geographical Trends: North America leads the market, driven by the rising focus on maintaining sustainability goals. However, Asia Pacific is emerging as a fast-growing market due to the presence of well-established manufacturing facilities.

Competitive Landscape: Key players are investing in research and development (R&D) activities to develop advanced electric truck models with improved range, efficiency, and performance.

Challenges and Opportunities: While the market faces challenges, such as managing battery disposal, it also encounters opportunities in the increasing demand for sustainable transport.

Future Outlook: The future of the electric truck market looks promising, with rising environmental consciousness among individuals. In addition, improvements in battery technology are expected to bolster the market growth.

Electric Truck Market Trends:

Growing environmental concerns

The growing demand for electric trucks on account of the rising environmental consciousness among people across the globe is impelling the growth of the market. Besides this, increasing concerns about climate change and the need to reduce greenhouse gas (GHG) emissions are propelling the market growth. Moreover, people are preferring cleaner transportation options to maintain environmental sustainability. They are becoming aware of the adverse effects of pollution on health. In line with this, electric trucks offer an eco-friendly alternative to traditional diesel-powered vehicles. They produce zero tailpipe emissions, which is crucial in reducing air pollution in both urban and rural areas. This environmental benefit aligns with efforts to combat climate change and improve air quality. Additionally, various organizations are increasingly adopting electric trucks to maintain sustainability goals, build brand reputation, and lower their carbon footprint. Furthermore, incorporating electric trucks into their fleets allows them to demonstrate their commitment to environmental responsibility.

Favorable government initiatives

Governing agencies of various countries are encouraging the adoption of electric trucks by implementing stringent emission standards. They are focusing on combating air pollution and reducing greenhouse gas (GHG) emissions, which is contributing to the growth of the market. In line with this, they are offering numerous incentives to encourage companies to adopt cleaner transportation options. These incentives can include tax credits, rebates, and subsidies, which make electric trucks more financially attractive to companies. Apart from this, various countries are announcing targets to phase out the sale of internal combustion engine (ICE) vehicles, which promotes the adoption of electric vehicles (EVs). Furthermore, they are focusing on developing charging infrastructure, ensuring that electric trucks can operate efficiently across vast transportation networks, which is strengthening the market growth. In addition, these initiatives generate awareness among people about the importance of sustainability and clean energy solutions.

Increasing demand for cost-effective transportation solutions

The rising demand for cost-effective transportation solutions among individuals and various industries is bolstering the growth of the market. In addition, electric trucks are more energy-efficient, requiring less electricity to travel the same distance as compared to diesel fuel. This assists in lowering fuel expenses over the lifespan of the vehicle, especially as electricity costs tend to be more stable than diesel prices. Apart from this, electric trucks have fewer moving parts as compared to traditional internal combustion engine (ICE) vehicles, resulting in reduced maintenance costs. Moreover, there are fewer chances for mechanical failures, leading to less downtime and lower maintenance expenditures. These cost advantages make electric trucks an economically viable choice for companies and individuals looking to manage their operational expenses effectively. Furthermore, advancements benefit in extending the operational capabilities of electric trucks, allowing them to cover longer distances on a single charge and handle heavier cargo loads.

Electric Truck Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global, regional, and country levels for 2024-2032. Our report has categorized the market based on vehicle type, propulsion, range, and application.

Breakup by Vehicle Type:

Light-duty Truck

Medium-duty Truck

Heavy-duty Truck

Light-duty electric truck accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes light-duty truck, medium-duty truck, and heavy-duty truck. According to the report, light-duty truck represented the largest segment.

Light-duty truck is designed for relatively smaller cargo and passenger loads. It is commonly used for urban and suburban deliveries, last-mile logistics, and plumbing or electrical services. In addition, it offers various advantages, such as zero emissions, reduced operating costs, and easy maneuverability in congested urban areas. It is often preferred by companies looking to make short trips with frequent stops.

Medium-duty truck is mainly used for local freight delivery, refuse collection, and utility services. It provides a balance between cargo capacity and maneuverability, making it suitable for organizations that require a more load-carrying capacity than light-duty truck but still need to navigate city streets efficiently. It assists in reducing emissions in urban environments and saving operational costs.

Heavy-duty truck is usually used for long-haul transportation, including freight and logistics for extended distances. It is designed to handle substantial cargo loads while providing the benefits of zero emissions and lower operating costs as compared to traditional diesel trucks. Manufacturers are actively developing electric heavy-duty trucks with extended ranges and fast-charging capabilities to meet the demands of long-distance transportation.

Breakup by Propulsion:

Battery Electric Truck

Hybrid Electric Truck

Plug-in Hybrid Electric Truck

Fuel Cell Electric Truck

Hybrid electric truck holds the largest share

A detailed breakup and analysis of the market based on the propulsion have also been provided in the report. This includes battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck. According to the report, hybrid electric truck accounted for the largest market share.

Hybrid electric truck combines both an internal combustion engine (ICE) and an electric propulsion system. It relies on electric motors for low-speed and stop-and-go driving, reducing fuel consumption and emissions during urban or congested traffic conditions. The ICE is used for higher-speed or heavy-load situations, providing the range and power needed for long-haul transportation. It offers improved fuel efficiency and reduced emissions as compared to traditional diesel trucks while maintaining the flexibility of longer-range travel.

Battery electric truck relies solely on electricity for propulsion. It is powered by large battery packs that store electrical energy, which is used to drive electric motors connected to the wheels. It produces zero tailpipe emissions and is suitable for short to medium-haul deliveries and urban logistics. Besides this, advancements in battery technology are making these trucks more viable for a wider range of applications.

Plug-in hybrid electric truck combines aspects of both hybrid and battery electric trucks. It has an ICE and an electric motor but can also be charged via an electrical outlet or charging station. It can operate in all-electric mode for shorter trips and then switch to ICE for longer journeys. It provides enhanced flexibility as it can use electricity when available and switch to conventional fuel when needed, providing a balance between emissions reduction and range.

Fuel cell electric truck relies on hydrogen fuel cells to generate electricity to power electric motors. Hydrogen gas combines with oxygen in the fuel cell, producing electricity and emitting only water vapor as a byproduct. Apart from this, it is suitable for long-haul transportation due to its extended range and relatively quick refueling times as compared to battery electric truck.

Breakup by Range:

0-150 Miles

151-300 Miles

Above 300 Miles

0-150 miles represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the range. This includes 0-150 miles, 151-300 miles, and above 300 miles. According to the report, 0-150 miles represented the largest segment.

0-150 miles range category are usually designed for shorter, intra-city, and regional applications. They are well-suited for urban deliveries, short-haul transportation, and services that involve frequent stops and starts. These trucks offer the advantage of zero emissions, making them eco-friendly and compliant with stringent urban emission regulations. Electric trucks in this range category require recharge during the day for extended operations.

151-300 miles range category are suitable for more diverse applications, including both intra-city and inter-city transport. They are often used for medium-distance regional deliveries, allowing companies to reach destinations beyond the immediate urban areas. These trucks maintain a balance between range and payload capacity, making them versatile for various freight and logistics tasks.

Above 300 miles are designed for long-haul transportation, including regional and even national routes. Electric trucks in this category are suitable for companies that require trucks to cover significant distances on a single charge. These trucks often feature larger and more advanced battery packs to accommodate the extended range. Infrastructure planning, including the availability of fast-charging stations along major transportation routes plays a crucial role for these electric trucks.

Breakup by Application:

Logistics

Municipal

Construction

Mining

Others

Logistics represent the leading market segment

The report has provided a detailed breakup and analysis of the market based on the application. This includes logistics, municipal, construction, mining, and others. According to the report, logistics represented the largest segment.

The rising utilization of electric trucks in the logistics sector is propelling the market growth. These trucks are well-suited for urban and suburban deliveries, including last-mile logistics. Electric trucks in logistics help reduce emissions in densely populated areas, where air quality and noise pollution are major concerns. In addition, they are used by courier services, e-commerce companies, and parcel delivery firms for efficient and eco-friendly transport of goods.

Municipal and local governments employ electric trucks for various purposes, such as waste collection, street cleaning, and public transportation. Electric garbage trucks offer quieter and emission-free operation, contributing to cleaner and quieter urban environments. In line with this, municipal electric trucks align with sustainability goals and promote eco-friendly services within communities.

The increasing adoption of electric trucks in the construction industry for transporting materials and equipment within construction sites is supporting the market growth. Moreover, they have reduced noise levels and lower operating costs, making them suitable for construction projects in both urban and rural areas. Apart from this, electric construction trucks contribute to improved air quality and lower the environmental impact on worksites.

In the mining industry, electric trucks are employed for hauling ore, waste, and materials within mining operations. These trucks are known for their robustness and ability to handle heavy payloads, making them suitable for challenging mining environments. Electric mining trucks contribute to reduced emissions and operating costs while meeting stringent safety and environmental standards.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America leads the market, accounting for the largest electric truck market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share due to stringent emissions regulations. In addition, the rising focus on maintaining sustainability goals is propelling the market growth. Moreover, North America has an advanced infrastructure for EV charging. Besides this, governing agencies in the region are investing in charging networks, such as high-power charging stations along major transportation routes, which is bolstering the market growth.

Asia Pacific stands as another key region in the market due to the increasing focus on reducing air pollution and dependence on imported oil. In line with this, the presence of well-established manufacturing facilities for EVs and batteries is contributing to the market growth in the region. Furthermore, the growing demand for electric trucks due to their low emissions and quiet operations is supporting the market growth.

Europe maintains a strong presence in the market, with the rising utilization of cleaner and greener transportation solutions. In line with this, governing agencies in Europe are offering numerous incentives, subsidies, and tax benefits for electric trucks, which is impelling the market growth. Additionally, Europe has a well-developed charging infrastructure network, providing convenient access to charging stations for electric truck users.

Latin America exhibits growing potential in the electric truck market on account of the increasing focus on electric vehicles (EVs) and sustainable transportation solutions. Besides this, Latin American countries, particularly Brazil, Mexico, and Chile, are adopting green mobility solutions. Moreover, governing agencies in Latin America are implementing policies, tax incentives, and subsidies to encourage the adoption of electric trucks, which is supporting the market growth. These initiatives aim to reduce greenhouse gas (GHG) emissions, air pollution, and dependence on fossil fuels.

The Middle East and Africa region shows a developing market for electric trucks, primarily driven by the rising need to reduce dependence on oil and promote sustainable transportation. In line with this, the increasing number of charging infrastructure in the region is contributing to the growth of the market.

Leading Key Players in the Electric Truck Industry:

Key players in the market are investing in research and development (R&D) activities to develop advanced electric truck models with improved range, efficiency, and performance. They are also focusing on enhancing battery technology, electric drivetrains, and aerodynamics to optimize electric truck designs. In addition, manufacturers are expanding their electric truck product offerings across different weight classes, including light-duty, medium-duty, and heavy-duty trucks, to cater to diverse industry needs. Besides this, companies are focusing on expanding charging networks, ensuring convenient access to charging stations for electric truck users. Moreover, manufacturers are adopting eco-friendly manufacturing practices and sourcing sustainable materials to reduce the environmental footprint.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

VolvoGroup

BYD Company Ltd.

Mercedes-Benz Group AG

China FAW Group Co. Ltd .

Isuzu Motors Ltd.

Navistar Inc.

PACCAR Inc.

Rivian Automotive Inc.

Volkswagen AG

Tata Motors Limited

Tesla Inc.

Tevva Motors Limited

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

August 31, 2021: BYD Company Ltd unveiled two revolutionary battery-electric heavy-duty trucks, the Gen3 8TT and 6F, vehicles that combine performance, reliability, and driver comfort with stylish designs. The Gen 3 8TT and 6F feature cabs that offer improved aerodynamics and energy efficiency. These trucks have advanced driver-assistance systems (ADAS), making driving easier and safer.

November 14, 2023: VolvoGroup introduced updated electric medium duty trucks designed for zero-emission city transports. In addition, these trucks have an electric range up to 450 km, 50% shorter charging time, and new active safety features to meet all the needs for city transport and logistics.

August 31, 2021: Navistar Inc. launched the new fully electric International(R) eMV(TM) Series trucks. The International eMV is the result of the commitment of Navistar to safe, reliable, and zero emissions solutions that improve consumer total cost of ownership (TCO) and deliver on value-added business objectives. It is available in four different wheelbase options - 217", 236", 254" and 272" - and features the Diamond Logic(R) electrical system as standard equipment.

Key Questions Answered in This Report

  • 1. What was the size of the global electric truck market in 2023?
  • 2. What is the expected growth rate of the global electric truck market during 2024-2032?
  • 3. What are the key factors driving the global electric truck market?
  • 4. What has been the impact of COVID-19 on the global electric truck market?
  • 5. What is the breakup of the global electric truck market based on the vehicle type?
  • 6. What is the breakup of the global electric truck market based on the propulsion?
  • 7. What is the breakup of the global electric truck market based on the range?
  • 8. What is the breakup of the global electric truck market based on the application?
  • 9. What are the key regions in the global electric truck market?
  • 10. Who are the key players/companies in the global electric truck market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Electric Truck Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Vehicle Type

  • 6.1 Light-duty Truck
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Medium-duty Truck
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Heavy-duty Truck
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast

7 Market Breakup by Propulsion

  • 7.1 Battery Electric Truck
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Hybrid Electric Truck
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3 Plug-in Hybrid Electric Truck
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast
  • 7.4 Fuel Cell Electric Truck
    • 7.4.1 Market Trends
    • 7.4.2 Market Forecast

8 Market Breakup by Range

  • 8.1 0-150 Miles
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 151-300 Miles
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast
  • 8.3 Above 300 Miles
    • 8.3.1 Market Trends
    • 8.3.2 Market Forecast

9 Market Breakup by Application

  • 9.1 Logistics
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Municipal
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Construction
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Mining
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Others
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 Market Breakup by Region

  • 10.1 North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2 Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3 Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4 Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5 Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11 SWOT Analysis

  • 11.1 Overview
  • 11.2 Strengths
  • 11.3 Weaknesses
  • 11.4 Opportunities
  • 11.5 Threats

12 Value Chain Analysis

13 Porters Five Forces Analysis

  • 13.1 Overview
  • 13.2 Bargaining Power of Buyers
  • 13.3 Bargaining Power of Suppliers
  • 13.4 Degree of Competition
  • 13.5 Threat of New Entrants
  • 13.6 Threat of Substitutes

14 Price Analysis

15 Competitive Landscape

  • 15.1 Market Structure
  • 15.2 Key Players
  • 15.3 Profiles of Key Players
    • 15.3.1 VolvoGroup
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
      • 15.3.1.3 Financials
      • 15.3.1.4 SWOT Analysis
    • 15.3.2 BYD Company Ltd.
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
      • 15.3.2.3 Financials
      • 15.3.2.4 SWOT Analysis
    • 15.3.3 Mercedes-Benz Group AG
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4 China FAW Group Co. Ltd .
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5 Isuzu Motors Ltd
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6 Navistar Inc.
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
      • 15.3.6.3 Financials
      • 15.3.6.4 SWOT Analysis
    • 15.3.7 PACCAR Inc.
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8 Rivian Automotive Inc.
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
    • 15.3.9 Volkswagen AG
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 SWOT Analysis
    • 15.3.10 Tata Motors Limited
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
      • 15.3.10.4 SWOT Analysis
    • 15.3.11 Tesla Inc.
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
    • 15.3.12 Tevva Motors Limited
      • 15.3.12.1 Company Overview
      • 15.3.12.2 Product Portfolio