Electric Truck Market Key Segments, Size and Future Potential

Electric Truck Market Dynamics Trends,
Segmentation, Key Players And Forecast
©P&SIntelligence.Allrightsreserved
1

With the rise in the concerns raised over the environmental degradation caused due to the
extensive usage of oil and gas-powered vehicles, the demand for environment-friendly
vehicles is growing rapidly across the globe. Moreover, the governments of several countries
are enacting policies and strict regulations such as targets pertaining to the reduction of
harmful gases such as carbon dioxide (CO2) and nitrogen oxides (NOx) aimed at promoting
the deployment of electric vehicles including electric trucks.
Request to Get the Sample Report: https://www.psmarketresearch.com/marketanalysis/electric-truck-market/report-sample
Additionally, the governments of many countries are implementing strict diesel bans in urban
areas for mitigating the air pollution levels. For instance, the authorities in cities such as
Madrid, Mexico City, and Paris have already banned the usage of diesel-powered vehicles.
This is fueling the sales of electric trucks across the world. Currently, there are nearly 200
cities in Europe that have enacted strict environmental regulations and created low-emission
zones.
Because of the above-mentioned factors, the sales of electric trucks are rising sharply across
the world. This is, in turn, driving the advancement of the global electric truck market.
According to the estimates of P&S Intelligence, a market research company based in India,
the market will have a size of 1,508.1 thousand units by 2025. Furthermore, the market is
predicted to progress at a CAGR of 18.5% from 2018 to 2025.
Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/sendenquiry?enquiry-url=electric-truck-market
Across the globe, the sales of electric trucks were observed to be the highest in the Asia-
Pacific (APAC) region during the last few years. According to various reports, the industry
accounted for a sales volume of more than 80% in this region in 2017. In this region, the
demand for these vehicles was found to be the highest in China in the past years and this trend
is likely to continue in the forthcoming years as well.
Hence, it is safe to say that the sales of electric trucks will soar all over the world in the
forthcoming years, mainly because of the growing requirement for environment-friendly
vehicles and the rising enactment of favorable government policies regarding the usage of
these vehicles in several countries.
GLOBAL ELECTRIC TRUCK MARKET
• By Propulsion – Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In
Hybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCEV)
• By Vehicle Type – Light-Duty Trucks (LDTs), Medium-Duty Trucks (MDTs), And
Heavy-Duty Trucks (HDTs)
• By Range – 0–150 Miles, 151–250 Miles, 251–500 Miles, and Above 500 Miles
• By Application – Logistics, Municipal, and Others
• By Region – North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)

NORTH AMERICA ELECTRIC TRUCK MARKET
• By Propulsion
• By Vehicle Type
• By Range
• By Application
• By Country – U.S. and Canada
EUROPE ELECTRIC TRUCK MARKET
• By Propulsion
• By Vehicle Type
• By Range
• By Application
• By Country – Germany, U.K., France, Italy, Spain, Netherlands, Norway, and Rest of
Europe
APAC ELECTRIC TRUCK MARKET
• By Propulsion
• By Vehicle Type
• By Range
• By Application
• By Country – China, Japan, South Korea, and Rest of APAC
RoW ELECTRIC TRUCK MARKET
• By Propulsion
• By Vehicle Type
• By Range
• By Application
• By Country – U.A.E., Brazil, and Others
This study covers
• Historical and the present size of the Electric Truck Market
• Major factors driving the market and their impact during the short, medium, and long
terms
• Market restraints and their impact during the short, medium, and long terms
• Recent trends and evolving opportunities for the market participants
• Historical and the present size of the market segments and understand their
comparative future potential
• Potential of on-demand logistics services, so the market players make informed
decisions on the sales of their offerings
• Competitive scenario of various market segments across key countries in several
regions for uncovering market opportunities for the stakeholders
• Major players operating in the market and their service offerings
• Recent strategic developments by the major players in the market

©P&SIntelligence.Allrightsreserved 3

Disclaimer:
P&S Intelligence always keeps its customers’ interests at the core while carrying out
research activities. P&S Intelligence ensures the reliability and accuracy of information
and data provided in its market research publications. However, the information in
publications is subject to fluctuations, as it is based on primary interviews of officials
from various companies or organizations. P&S Intelligence is not responsible for any
incorrect data provided by the key industry players of the concerned domain. The
information or analysis in P&S Intelligence publications represents opinions based on
research and should not be interpreted as statements of fact. Information in this report
was believed to be correct at the time of publication, but cannot be guaranteed. P&S
Intelligence does not endorse any product, service, or vendor depicted in its research
publications.
All intellectual properties, including trademarks and copyrights, belong to their
respective owners and may be protected by copyright. Under no circumstance can these
be reproduced in any form without prior written agreement of their owners.
An order for market research report is intended for internal use of the company only and
not for disclosure to third parties or any other publication in general. No service, report,
or part thereof provided by P&S Intelligence can be reproduced, republished, resold,
revealed, distributed, circulated, or sublicensed in any medium or form now realized or
hereafter become realized, including but not limited to, all forms of optical-based
media, magnetic, electronic, or digital, without a written permission from Prescient &
Strategic Intelligence Pvt. Ltd.

Kindly write to: enquiry@psmarketresearch.com
B-13, Sector – 2, Noida, U.P. – 201301, INDIA
Contact No: +91 120 4541 337
US/Canada Toll-Free: 1-888-778-7886
©P&SIntelligence.Allrightsreserved
4