Electric truck is an electric mobility which is powered by an electric motor, or a truck which receives power or energy primarily from the power grid. They are low or zero emission trucks, which contributes significantly towards a greener environment. Electric trucks are alternative to conventional fossil fuel trucks. However, they are heavier than traditional trucks owing to the weight of batteries.
Increase in transportation emission caused by fossil fuel powered vehicles coupled with a surge in pollution levels especially in urban areas. It is key driving factor which expected to boost the global electric truck market growth. Furthermore, increase in demand for electric trucks in logistic industry which is expected to positively contribute the market growth. Logistics industry is one of the important contributors to any country’s GDP, as increase in internet penetration and demand for e-commerce may require logistics providers deliver to remote locations in the emerging economies. As the increase in demand for green transportation across the globe and many government are backing are backing this initiatives, freight transportation, which contributes highly carbon dioxide emissions, has been observing a reduction. Many logistics companies are actively participating in replacing their fleet with greener vehicles. For instance, in February 2020, CEVA logistics in UK had started trails using electric lorries/trucks for supplying products in Central London.
However, lack of charging infrastructure is the major challenging factor which is expected to hinder the global electric truck market growth. For adequate charging infrastructure proper planning and installation is needed and which would require huge investments. It is expected to obstruct the electric truck market growth during this forecast period.
Global Electric Truck Market is segmented into truck type such as Light-Duty Truck, Medium-Duty Truck, and Heavy-Duty Truck, by electric propulsion type such as Plug-in Hybrid, Fuel Cell Electric, and Battery Electric. Further, market is segmented into application such as Logistics, Municipal, Construction, Mining, and Others.
Also, Global Electric Truck Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as Bosch, Denso, CEVA Logistics, Johnson Control, Hitachi Automotive Systems, Magna, Infineon, Eaton, and Siemens.
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Truck Type
5.2 Global Electric Truck Market Share Analysis, By Truck Type
5.3 Global Electric Truck Market Size and Forecast, By Truck Type
5.3.1 Light-Duty Truck
5.3.2. Medium-Duty Truck
5.3.3 Heavy-Duty Truck
6.1 Y-o-Y Growth Comparison, By Electric Propulsion Type
6.2 Global Electric Truck Market Share Analysis, By Electric Propulsion Type
6.3 Global Electric Truck Market Size and Forecast, By Electric Propulsion Type
6.3.1Plug-in Hybrid
6.3.2 Fuel Cell Electric
6.3.3 Battery Electric
7.1 Y-o-Y Growth Comparison, By Application
7.2 Global Electric Truck Market Share Analysis, By Application
7.3 Global Electric Truck Market Size and Forecast, By Application
7.3. 1 Logistics
7.3.2. Municipal
7.3.3. Construction
7.3.4. Mining
7.3.5. Others
8.1 Global Electric Truck Market Share Analysis, By Region
8.2 Global Electric Truck Market Share Analysis, By Region
8.3 Global Electric Truck Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Electric Truck Market Share Analysis, By Truck Type
9.3 North America Electric Truck Market Size and Forecast, By Electric Propulsion Type
9.4 North America Electric Truck Market Size and Forecast, By Application
9.5 North America Electric Truck Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Electric Truck Market Share Analysis, By Truck Type
10.3 Europe Electric Truck Market Size and Forecast, By Electric Propulsion Type
10.4 Europe Electric Truck Market Size and Forecast, By Application
10.5 Europe Electric Truck Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Electric Truck Market Share Analysis, By Truck Type
11.3 Asia Pacific Electric Truck Market Size and Forecast, By Electric Propulsion Type
11.4 Asia Pacific Electric Truck Market Size and Forecast, By Application
11.5 Asia Pacific Electric Truck Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Electric Truck Market Share Analysis, By Truck Type
12.3 Latin America Electric Truck Market Size and Forecast, By Electric Propulsion Type
12.4 Latin America Electric Truck Market Size and Forecast, By Application
12.5 Latin America Electric Truck Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Electric Truck Market Share Analysis, By Truck Type
13.3 Middle East Electric Truck Market Size and Forecast, By Electric Propulsion Type
13.4 Middle East Electric Truck Market Size and Forecast, By Application
13.5 Middle East Electric Truck Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
