Apr 15, 2020   SOURCE: BusinessWire

Outlook on the Worldwide Heavy Duty Truck Electrification Industry (2018 to 2027) - Featuring Aisin Seiki, Borgwarner & Continental Among Others - ResearchAndMarkets.com

The "Heavy Duty Truck Electrification Market to 2027 - Global Analysis and Forecast by Components; Powertrain Type" report has been added to ResearchAndMarkets.com's offering.

The global heavy duty truck electrification market accounted for US$ 8.28 Bn in 2018 and is expected to grow at a CAGR of 14.3% over the forecast period 2019-2027, to account for US$ 25.5 Bn by 2027. Currently, the heavy duty truck electrification market is gaining high momentum across the globe. With the growing interest of the masses in the electric vehicle supply chain globally, the predictions for battery-driven heavy-duty vehicles are almost transparent.

Presently, the automotive manufacturers are focusing on the applications for electrification across the heavy and medium-duty trucks. The factors mentioned above offers worthy growth opportunities to the heavy duty truck electrification market during the forecast period.

Globally, the heavy duty truck electrification market is experiencing intense growth with regards to the use of electric components in heavy vehicles such as tractors and agricultural machinery. Rising concern towards corporate social responsibility for major fleets and operators to maintain environmental ethics. Trucks with ranges from 150-300 km, with batteries, are supposed to play a vital role in urban areas where concern for air quality is high, and therefore need for stringent emissions laws is mandatory.

Companies Mentioned

  • Aisin Seiki Co. Ltd.
  • Borgwarner Inc.
  • Continental AG
  • Delphi Technologies PLC
  • Denso Corporation
  • Magna International Inc
  • Mitsubishi Motors Corporation
  • Robert Bosch GmbH
  • Schaeffler Technologies AG & Co. KG
  • ZF Friedrichshafen AG

Reasons to Buy

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global heavy duty truck electrification market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the global heavy duty truck electrification market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Key Topics Covered:

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Automotive Heavy-Duty Truck Electrification - Market Landscape

4.1 Market Overview

4.2 Ecosystem Analysis

4.3 Porter's Five Forces Analysis

5. Premium Insights

5.1 Overview

5.2 Transition Trends from ICE to Alternate Prolusion Engine (Electric and Fuel Cell)

5.3 Competitive Landscape of Transition from ICE to Alternate Propulsion System (Battery Powered and Fuel Cell)

5.4 Vehicle Unit Volume and Sales of Trucks and Buses

5.5 Buses

5.6 Charging Infrastructure Development Analysis

5.7 Battery Price Analysis

6. Automotive Heavy-Duty Truck Electrification Market - Key Market Dynamics

6.1 Key Market Drivers

6.1.1 Government initiatives and stringent emission rules to boost the growth

6.1.2 Low penetration of electric powertrain in Heavy Commercial Vehicles (HCV) is flourishing the growth for diesel powertrain

6.2 Market Restraints

6.2.1 Rise of natural gas powertrain in heavy duty trucks might hinder the market growth

6.3 Opportunities

6.3.1 Upsurge in the demand for electric trucks is projected to soar in future

6.4 Future Trends

6.4.1 Emergence of fully electric trucks

6.5 Impact Analysis of Drivers and Restraints

7. Heavy-Duty Trucks Electrification Market - Global Market Analysis

7.1 Overview

7.2 Global Heavy-Duty Trucks Electrification Market Revenue and Forecast to 2027 (US$ Mn)

8. Heavy-Duty Truck Electrification Market Analysis - By Component

8.1 Overview

8.2 Heavy-Duty Truck Electrification Market Breakdown, By Component, 2018 & 2027

8.3 Electric Pumps

8.4 Electric Power Steering

8.5 Liquid Heater PTC

8.6 Electric Air Conditioner Compressor

8.7 Actuator

8.8 Alternator

8.9 Others

9. Heavy-Duty Truck Electrification Market Analysis - By Powertrain Type

9.1 Overview

9.2 Heavy-Duty Truck Electrification Market Breakdown, By Powertrain Type, 2018 & 2027

9.3 Fully Electric

9.4 Hybrid

9.5 Fuel Cell

9.6 Internal Combustion Engine (ICE)

9.7 Compressed Natural Gas (CNG)

10. Global Heavy-duty Truck Electrification Market - Geographic Analysis

10.1 Overview

10.2 North America Heavy-duty Truck Electrification Market Revenue and Forecast To 2027

10.3 Europe Heavy-duty Truck Electrification Market Revenue and Forecast To 2027

10.4 APAC Heavy-duty Truck Electrification Market, Revenue and Forecast To 2027

10.5 MEA Heavy-duty Truck Electrification Market Revenue and Forecast To 2027

10.6 SAM Heavy-duty Truck Electrification Market Revenue and Forecast To 2027

11. Industry Landscape

11.1 Market Initiative

11.2 New Development

11.3 Merger & Acquisition

12. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/75tozr