Electric Truck Market Key Segments, Size and Future Potential

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With the rise in the concerns raised over the environmental degradation caused due to theextensive usage of oil and gas-powered vehicles, the demand for environment-friendlyvehicles is growing rapidly across the globe. Moreover, the governments of several countriesare enacting policies and strict regulations such as targets pertaining to the reduction ofharmful gases such as carbon dioxide (CO2) and nitrogen oxides (NOx) aimed at promotingthe deployment of electric vehicles including electric trucks.Request to Get the Sample Report: https://www.psmarketresearch.com/marketanalysis/electric-truck-market/report-sampleAdditionally, the governments of many countries are implementing strict diesel bans in urbanareas for mitigating the air pollution levels. For instance, the authorities in cities such asMadrid, 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 200cities in Europe that have enacted strict environmental regulations and created low-emissionzones.Because of the above-mentioned factors, the sales of electric trucks are rising sharply acrossthe 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 ispredicted 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-marketAcross 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 industryaccounted for a sales volume of more than 80% in this region in 2017. In this region, thedemand for these vehicles was found to be the highest in China in the past years and this trendis 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 theforthcoming years, mainly because of the growing requirement for environment-friendlyvehicles and the rising enactment of favorable government policies regarding the usage ofthese vehicles in several countries.GLOBAL ELECTRIC TRUCK MARKET• By Propulsion – Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-InHybrid Electric Vehicle (PHEV), and Fuel Cell Electric Vehicle (FCEV)• By Vehicle Type – Light-Duty Trucks (LDTs), Medium-Duty Trucks (MDTs), AndHeavy-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 CanadaEUROPE ELECTRIC TRUCK MARKET• By Propulsion• By Vehicle Type• By Range• By Application• By Country – Germany, U.K., France, Italy, Spain, Netherlands, Norway, and Rest ofEuropeAPAC ELECTRIC TRUCK MARKET• By Propulsion• By Vehicle Type• By Range• By Application• By Country – China, Japan, South Korea, and Rest of APACRoW ELECTRIC TRUCK MARKET• By Propulsion• By Vehicle Type• By Range• By Application• By Country – U.A.E., Brazil, and OthersThis 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 longterms• 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 theircomparative future potential• Potential of on-demand logistics services, so the market players make informeddecisions on the sales of their offerings• Competitive scenario of various market segments across key countries in severalregions 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
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Electric Truck Market Key Segments, Size and Future Potential

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