Electric Heavy Vehicle Market, Global Outlook and Forecast 2024-2031

Report ID: 1067836 | Published Date: Jan 2025 | No. of Page: 115 | Base Year: 2024 | Rating: 4.5 | Webstory: Check our Web story

This report contains market size and forecasts of Electric Heavy Vehicle in global, including the following market information:
Global Electric Heavy Vehicle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Heavy Vehicle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Heavy Vehicle companies in 2021 (%)
The global Electric Heavy Vehicle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Battery Electric Heavy Vehicles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Heavy Vehicle include Orange EV, Tesla, Hino Heavy Vehicles, Isuzu Motors Limited, Nissan, Goupil Industries, Dong Feng Motors, Iveco and Efficient Drivetrains Inc (EDI), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Heavy Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Heavy Vehicle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Heavy Vehicle Market Segment Percentages, by Type, 2021 (%)
Battery Electric Heavy Vehicles
Plug-in Hybrids
Global Electric Heavy Vehicle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Heavy Vehicle Market Segment Percentages, by Application, 2021 (%)
Light-duty Electric Truck
Medium-Duty Electric Truck
Heavy-Duty Electric Truck
Global Electric Heavy Vehicle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Heavy Vehicle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Heavy Vehicle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Heavy Vehicle revenues share in global market, 2021 (%)
Key companies Electric Heavy Vehicle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Heavy Vehicle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Orange EV
Tesla
Hino Heavy Vehicles
Isuzu Motors Limited
Nissan
Goupil Industries
Dong Feng Motors
Iveco
Efficient Drivetrains Inc (EDI)
BYD
Wrightspeed
Renault & Groupe Delanchy
Cummins Inc.
Daimler AG
Nikola Motor Company.

Frequently Asked Questions
Electric Heavy Vehicle Market In Global report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Electric Heavy Vehicle Market In Global report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Electric Heavy Vehicle Market In Global report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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