Electric Truck Market Dynamics Trends, Segmentation, Key Players And Forecast 1 ©P&SIntelligence.Allrightsreserved
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/market- analysis/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/send- enquiry?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
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