Global $149+ Billion Electric Commercial Vehicles Market Outlook to 2024

DUBLIN, Jan. 17, 2019 /PRNewswire/ --

The "Global Electric Commercial Vehicles Market by Propulsion Type (BEV, HEV, PHEV, FCEV), by Vehicle Type (Bus, Truck, Van, Others), by Component (Motor, Battery, Others) - Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2014-2024" report has been added to ResearchAndMarkets.com's offering.

The market study reveals that the Global Electric Commercial Vehicles market is expected to grow at a CAGR over 13% during the forecast period in terms of value. The market is expected to reach over USD 149,316 Million by 2024.

The demand for the commercial electric vehicles is governed by increase in demand for fuel-efficient, high-performance and low-emission vehicles. Moreover, it is also been influenced by the trend of reduction in vehicular emission due to stringent rules & regulations in several countries and growth of public charging infrastructure in China, France, Norway, and the other developed countries.

However, technological advancements in electric vehicles and proactive government initiatives are expected to unfold various opportunities for the growth of the stakeholders of the said market, such as system integrators, vehicle manufacturers, engine manufactures, and component providers.

Though electric vehicles have proven to be advantageous over conventional vehicles, the market is not without restraints hindering the growth of the market over the forecast period. Electric vehicles come along with a high price tag which might evoke customer apathy towards this market. Scarcity of charging points within major cities is a massive hurdle in the growth of the global electric vehicles market.

Key Findings

• Global electrical commercial vehicle market is expected to witness significant growth over the next ten years due to population expansion coupled with growing industrial sector in developing economies of Asia Pacific and Latin America. Rising transportation infrastructural spending owing to strong economic growth is anticipated to remain a key driving factor for industry growth over the forecast period.
• Increasing incorporation of telematics & communication capabilities in electrical commercial vehicles is anticipated to boost market growth. Growing food & beverage industry is another key factor driving industry growth over forthcoming years owing to increasing food trucks and refrigerated vehicles demand.

Topics Covered

1. Preface
1.1 Market Definition and Scope
1.2 Market Segmentation
1.3 Key Research Objectives

2. Research Methodology

3. Executive Summary
3.1 Market Overview
3.2 Market Outlook
3.3 Market Absolute $ Opportunity (US$ Mn)
3.4 Key Players

4. Market Introduction & Market Dynamics
4.1 Introduction
4.2 Market Dynamics
4.3 Drivers
4.4 Restraints
4.5 Value Chain Analysis
4.6 Taxonomy
4.7 Research Methodology

5. Electric Commercial Vehicle Market Development
5.1 China electric commercial vehicle Sales - 2011-2017
5.2 Growth in Number of electric commercial vehicles Sales in China in 2017

6. Global Electric Commercial Vehicle Market
6.1 Key Trends
6.2 Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
6.3 Global Market Size, By Propulsion
6.4 Global Market Volume, By Propulsion
6.5 Global Market Size, By Vehicle Type
6.6 Global Market Volume, By Vehicle Type
6.7 Global Market Size, By Component
6.8 Global Market Volume, By Component
6.9 Global Market Size, By Country
6.10 Global Market Volume, By Country

7. North America Electric Commercial Vehicle Market
7.1 North America Electric Commercial Vehicle Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
7.2 North America Electric Commercial Vehicle Market Y-o-Y Analysis, 2014-2024
7.3 USA and Canada Electric Commercial Vehicle Market Y-o-Y Analysis, 2014-2024
7.4 North America Electric Commercial Vehicle Market Size, By Propulsion
7.5 North America Electric Commercial Vehicle Market Volume, By Propulsion
7.6 North America Electric Commercial Vehicle Market Size, By Vehicle Type
7.7 North America Electric Commercial Vehicle Market Volume, By Vehicle Type
7.8 North America Electric Commercial Vehicle Market Size, By Component
7.9 North America Electric Commercial Vehicle Market Volume, By Component
7.10 North America Electric Commercial Vehicle Market Size, By Country
7.11 North America Electric Commercial Vehicle Market Volume, By Country

8. Europe Electric Commercial Vehicle Market
8.1. Europe Electric Commercial Vehicle Market Driver Europe Electric Commercial Vehicle Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
8.3 Europe Electric Commercial Vehicle Market Size, By Propulsion
8.4 Europe Electric Commercial Vehicle Market Volume, By Propulsion
8.5 Europe Electric Commercial Vehicle Market Size, By Vehicle Type
8.6 Europe Electric Commercial Vehicle Market Volume, By Vehicle Type
8.7 Europe Electric Commercial Vehicle Market Size, By Component
8.8 Europe Electric Commercial Vehicle Market Volume, By Component
8.9 Europe Electric Commercial Vehicle Market Size, By Country
8.10 Europe Electric Commercial Vehicle Market Volume, By Country

9. Asia Pacific America Electric Commercial Vehicle Market
9.1 Asia Pacific Electric Commercial Vehicle Market Driver
9.2 Indian Electric Commercial Vehicle Market Driver
9.3 Asia Pacific Electric Commercial Vehicle Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
9.4 Asia Pacific Electric Commercial Vehicle Market Size, By Propulsion
9.5 Asia Pacific Electric Commercial Vehicle Market Volume, By Propulsion
9.6 Asia Pacific Electric Commercial Vehicle Market Size, By Vehicle Type
9.7 Asia Pacific Electric Commercial Vehicle Market Volume, By Component
9.8 Asia Pacific Electric Commercial Vehicle Market Size, By Country
9.9 Asia Pacific Electric Commercial Vehicle Market Volume, By Country
9.10 Asia Pacific America Electric Commercial Vehicle Market Size, By Country
9.11 Asia Pacific America Electric Commercial Vehicle Market Volume, By Country

10. Middle East & Africa Electric Commercial Vehicle Market
10.1 Middle East & Africa Electric Commercial Vehicle Market Outlook
10.2 Middle East & Africa Electric Commercial Vehicle Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
10.3 Middle East & Africa Electric Commercial Vehicle Market Size, By Propulsion
10.4 Middle East & Africa Electric Commercial Vehicle Market Volume, By Propulsion
10.5 Middle East & Africa Electric Commercial Vehicle Market Size, By Vehicle Type
10.6 Middle East & Africa Electric Commercial Vehicle Market Volume, By Vehicle Type
10.7 Middle East & Africa Electric Commercial Vehicle Market Size, By Component
10.8 Middle East & Africa Electric Commercial Vehicle Market Volume, By Component
10.9 Middle East & Africa Electric Commercial Vehicle Market Size, By Country
10.10 Middle East & Africa Electric Commercial Vehicle Market Volume, By Country

11. Latin America Electric Commercial Vehicle Market
11.1 Latin America Electric Commercial Vehicle Market Outlook
11.2 Latin America Electric Commercial Vehicle Market Value in US$ Mn and Volume in Units Analysis, 2014-2024
11.3 Latin America Electric Commercial Vehicle Market Size, By Propulsion
11.4 Latin America Electric Commercial Vehicle Market Volume, By Propulsion
11.5 Latin America Electric Commercial Vehicle Market Size, By Vehicle Type
11.6 Latin America Electric Commercial Vehicle Market Volume, By Vehicle Type
11.7 Latin America Electric Commercial Vehicle Market Size, By Component
11.8 Latin America Electric Commercial Vehicle Market Volume, By Component
11.9 Latin America Electric Commercial Vehicle Market Size, By Country
11.10 Latin America Electric Commercial Vehicle Market Volume, By Country

12. Company Profile Analysis
12.1 BMW Group
12.2 Daimler A
12.3 BYD Co. Ltd.
12.4 Tesla Inc.
12.5 Toyota Motor Corporation
12.6 ABB Group
12.7 Nissan Motor Co. Ltd.
12.8 Mitsubishi Electric Corporation

13. Assumptions & Acronyms Used

For more information about this report visit https://www.researchandmarkets.com/research/3lq9tp/global_149?w=5

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