Global Electric Commercial Vehicles Market is Projected to Grow at a CAGR of +45% during the Forecast Period (2017-2025)

New York, USA, 2018-Aug-24 — /EPR Network/ —According to Goldstein Research, technological advancements and declining battery costs have made electric vehicles cheaper as compared to the previous price in previous years and more economical against inefficient gas and diesel trucks. The adoption of electric commercial vehicles across the globe is “going to be driven simply by cost-per-mile.”

Global electric commercial vehicles market outlook also includes new product developments and capital investment as the key strategies adopted by the major players for significant expansion across the globe. Additionally, growing demand from North America and European markets will provide the major boost to the Chinese electric commercial vehicles manufacturing industry.

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Market Segmentation

On the basis of our in-depth analysis, global electric commercial vehicles market can be segmented as follows:

By Technology Type

  • Battery Electric Commercial Vehicles
  • Plug-in Hybrids
  • Hybrids
  • Fuel Cell Electric Commercial Vehicles

By Vehicle Type

  • Light-Duty Commercial Vehicles
  • Medium-Duty Commercial Vehicles
  • Heavy-Duty Commercial Vehicles

By Applications

  • Cargo
  • Passenger

By Haulage

  • Urban
  • Regional
  • Long-Haul Cycles

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

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“Global Electric Commercial Vehicles Market Outlook 2025” contains the detailed overview of the global electric commercial vehicles market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by technology type, by vehicles type, by applications and by haulage type.

Further, for the in-depth analysis, Global Electric Commercial Vehicles Market Analysis encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis.

This market research report also includes competitive outlook of some of the major players profiling of companies such as PACCAR, Volvo, Tesla, Hino Trucks, New Flyer Industries Inc., Varley Group, Isuzu Motors Limited, Nissan, Goupil Industries, Dong Feng Motors. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the global electric commercial vehicles market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new market players searching for opportunities and other investors to positions their market centred strategies according to the evolving and expected trends in the future.

Key questions answered in this global electric commercial vehicles market report

  • What is the global electric commercial vehicles market size by 2025 and what would be the expected growth rate of the industry?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the electric commercial vehicles market trends?
  • What are the factors which are driving this industry?
  • What are the major barriers to electric commercial vehicles industry growth?
  • Who are the key vendors in this industry space?
  • What are the industry opportunities for the existing and entry-level players?
  • What are the recent developments and business strategy of the key players?

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts.

Our industry research reports provide in-depth analysis of global and regional variations along with competitors’ overview. Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.

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