Electric Commercial Vehicle Market, 2025 by Propulsion, Vehicle Type, Component, Range, Autonomous Vehicle, Charging Infrastructure, and Region - ResearchAndMarkets.com
The "Electric
Commercial Vehicle Market by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle
Type (Bus, Truck, Pick-Up Truck and Van), Component, Range, Autonomous
Vehicle, Charging Infrastructure, and Region - Global Forecast to 2025"
report has been added to ResearchAndMarkets.com's
offering.
The global electric commercial vehicle market is estimated to be 125,212
Units in 2017 and is projected to grow at a CAGR of 39.85% to reach
1,831,865 Units by the end of 2025.
Some of the major drivers of this market are the need for fuel-efficient
and emission-free vehicles and the increasing demand for electric
commercial vehicle such as electric truck in the logistics industry to
minimize the additional liability of fuel expenses. Innovations in EV
battery capacity, which will enable electric commercial vehicle to carry
heavy loads over longer range, can create new revenue generation
opportunities. Whereas, oil companies lobbying against EV, limited
battery power, and longer charging duration are few challenges for the
electric commercial vehicle market.
The market is segmented
by propulsion system, vehicle type, components, range, charging
infrastructure, autonomous vehicle, and region. The report discusses
four propulsion systems of electric commercial vehicle, namely, battery
electric vehicle (BEV), hybrid electric vehicle (HEV), plug-in hybrid
electric vehicle (PHEV), fuel cell electric vehicle (FCEV). BEV accounts
for the largest market share in the electric commercial vehicle market,
by propulsion, and is estimated to grow with the highest CAGR during the
forecast period because of its wide application in several types of
vehicles.
The bus segment is estimated to be the fastest
growing market, in terms of volume, for electric commercial vehicle, by
vehicle, followed by van, pick-up truck, and truck. Various government
mandates and individual country targets to phase out fossil fuel-based
public transportation system and to replace them with electric buses
will help the bus market grow over the forecast period.
Above
500 miles range segment of the Electric commercial vehicle market is
expected to grow the most. In this segment, the market growth will be
propelled mostly by bus. The growth is expected with anticipation that
most of the electric commercial vehicles produced and sold over the
forecast period will be buses. Efforts have been on to make buses that
can travel longer range on a single charge.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive
Summary
4 Premium Insights
5 Market Overview
6
Electrical Commercial Vehicle Market, By Propulsion
7
Electrical Commercial Vehicle Market, By Vehicle Type
8
Electric Commercial Vehicle Market, By Range
9 Electric
Commercial Vehicle Market, By Component
10 Electric
Commercial Vehicle Market, By Region
11 Electrical Commercial
Vehicle Market, By Autonomous Vehicles
12 Electric Commercial
Vehicle Market, By Charging Infrastructure Type
13
Competitive Landscape
14 Company Profiles
- Tesla
- Nissan
- BYD
- Daimler
- Proterra
- LG Chem
- Samsung SDI
- Panasonic
- Delphi
- ABB
- Continental
- Siemens
- Mitsubishi Electric
- Toshiba
- Ballard Power Systems
- Hydrogenics
- ITM Power
- Ceres Power
- Plug Power
- Nedstack
- Nuvera
- AFCC
- Toyota
- Honda
-
Hyundai
For more information about this report visit https://www.researchandmarkets.com/research/8wklwb/electric?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180430005586/en/