According to the latest report by IMARC Group, titled, “Electric Truck Market Share : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026“, the electric truck market exhibited strong growth during 2015-2020 and expected to grew at a CAGR of around 20% during the next five years.
Electric trucks are electronic vehicles that run on batteries powered by the power grid. They are considered an efficient and cost-effective alternative to conventional fossil fuel trucks as they emit low CO2 emissions from vehicles, contributing to a greener environment. These trucks are extensively used in the commercial sector to deliver cargo due to their increased battery storage capacity.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Electric Truck Market Trends:
The global electric truck market is primarily driven by various government initiatives and regulations that promote the adoption of zero-emission vehicles. The low maintenance cost of the electric trucks has also escalated their demand across several sectors such as logistics, municipal, construction, and mining. Besides this, the improvement in the electronic charging infrastructure and the utilization of magnetic resonance for wireless vehicle charging also acts as other growth-inducing factors. Furthermore, with the growing e-commerce sector, electric trucks are widely used to deliver products to remote locations. These factors are providing a positive thrust to the market growth.
Request Free Sample Report: https://www.imarcgroup.com/electric-truck-market/requestsample
Global Electric Truck 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AB Volvo, BYD Company Ltd., Daimler AG, FAW Group Co. Ltd., Navistar Inc., PACCAR Inc., Rivian Automotive Inc., Scania AB (Volkswagen AG), Tata Motors Limited, Tesla Inc. and Tevva Motors Limited.
The report has segmented the market on the based on region, vehicle type, propulsion, range and application.
Breakup by Vehicle Type:
- Light-duty Truck
- Medium-duty Truck
- Heavy-duty Truck
Breakup by Propulsion:
- Battery Electric Truck
- Hybrid Electric Truck
- Plug-in Hybrid Electric Truck
- Fuel Cell Electric Truck
Breakup by Range:
- 0-150 Miles
- 151-300 Miles
- Above 300 Miles
Breakup by Application:
- Logistics
- Municipal
- Construction
- Mining
- Others
Breakup by Region:
- North America:(United State,Canada)
- Asia-Pacific:(China, Japan,India, South Korea,Australia, Indonesia,Others)
- Europe: (Germany,France,United Kingdom,Italy,Spain,Russia,Others
- Latin America: (Brazi,Mexico,Others)
- Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC List of Figure: https://www.imarcgroup.com/electric-truck-market
If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
Email: sales@imarcgroup.com
Toll Free Number: USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group
Thank you for great article. I look forward to the continuation.
I appreciate you sharing this blog post. Thanks Again. Cool.
This was beautiful Admin. Thank you for your reflections.
Greetings! Very helpful advice in this particular article! It is the little changes which will make the most important changes. Thanks a lot for sharing!
We always follow your beautiful content I look forward to the continuation.
Superb post however I was wanting to know if you could write a litte more on this topic? I’d be very grateful if you could elaborate a little bit more.
Very well presented. Every quote was awesome and thanks for sharing the content. Keep sharing and keep motivating others. youtube newsmax live streaming
Excellent article! We will be linking to this particularly great article on our website. Keep up the good writing.
Very nice blog post. I definitely love this site. Stick with it!
A number of them are rife with spelling problems and I find it very bothersome to tell the truth on the other hand I will surely come again again.
I m often to blogging and i really appreciate your content. The article has actually peaks my interest.
Thank you for great information. look forward to the continuation.<a href="https://www.google.com.ph/url?sa=t
There is definately a lot to find out about this subject. like all the points you made .-kostenlos online fernsehen ohne anmeldung
But wanna say that this really is quite helpful Thanks for taking your time to write this.Nillkin Laptop Sleeve Case with Laptop Stand and Mouse Pad 13-14 inch Computer Bag with 2 Adjustable Angle Laptop Stand for MacBook Pro/Air 13DellChromebookSurface Book iPad Pro 12.9 Gray – Hot Deals