Commercial Electric Vehicle.pdf

Global Commercial Electric Vehicle Market Research
Report, 2023-2029
Market Value:
• 2021 = 234.16 Thousand units
• 2028 = 1200.43 Thousand units
• CAGR = 26.3%
• Date Published: January 2023
Publisher: Introspective Market Research

Commercial Electric Vehicle Market
www.introspectivemarketresearch.com IMR 2023
Annual Market Size and Forecast
Technological Roadmap & Regulatory Landscape
Analysis on type and applications
Industry Value Chain Analysis
Analysis on Major Trends
Key strategies by Top Market Players
Market Share Analysis 2021
REPORT OUTCOMES

The Global Commercial Electric Vehicle Market was estimated at 234.16 Thousand units
in 2021 and is anticipated to reach 1200.43 Thousand units by 2028, growing at a CAGR
of 26.3%.
Electricity can power not only cars, but also commercial vehicles such as buses, trucks, vans,
and vehicles used in agriculture and building industry. Electric vehicles are more
environmentally friendly, quieter, and efficient than gasoline vehicles. Furthermore,
commercial vehicles require a lot of fuel and thus consume far more diesel than a car. However,
fossil fuels such as oil are limited. They also contribute significantly to air pollution: in the EU,
commercial vehicles account for 25% of CO2 emissions from traffic, and thus 5% of total
greenhouse gas emissions. As electric commercial vehicles do not consume any fossil fuels
they do not emit any CO2 in operation. They are completely clean if their electricity comes
from renewable sources.
Read more: -
https://introspectivemarketresearch.com/reports/commercial-electric-vehicle-market/
The global Commercial Electric Vehicle Market report provides comprehensive market
information, including classifications, definitions, and market analysis. This also helps with
the awareness of various item specifics, the manufacturing cycle, the supply chain, and the
cost structure. Along these lines, the understanding of the project's structural squares and key
drivers of development is enhanced. To estimate the market size, boundaries such as import
and fare, rules in various nations, inflation, legal and political variables, financial elements,
and other minor aspects inside organizations have been broken down. The research examines
the competitive landscape as well as the most current positions of major rivals in the
Commercial Electric Vehicle industry.
Segmentation of Commercial Electric Vehicle Market: -
By Vehicle Type
• Bus
• Trucks
• Pick-up Trucks
• Vans
By Propulsion
• Battery Electric Vehicles
• Plug-in Hybrid Electric Vehicles
• Fuel Cell Electric Vehicles
By End Users
• Last Mile Delivery
• Distribution Services
• Transportation
• Others
By Region

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of
APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Are Concerned about the possibility of an economic recession and unsure
how to adapt to the current social and economic climate? Considering the current
economic situation, it is crucial to conduct market research to evaluate the forthcoming
opportunities and threats. Introspective Market Research is here to assist you in overcoming
these threats and seizing the opportunities that will soon become available. Do not be concerned
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If You Have Any Queries Regarding Commercial Electric Vehicle Market, Please Visit:
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Top Key Players Covered Commercial Electric Vehicle Market: -
• Traton SE
• AB Volvo
• BYD Auto Co. Ltd
• Daimler AG
• Zhongtong Bus Holding
• Anhui Ankai Automobile Co. LTD
• Proterra Inc.
• Rivian
• Tata Motors Limited
• Tesla Inc.
• Ford Motor Company
• NFI Group Inc and Other Major Players.
COVID-19 Impact Analysis on Commercial Electric Vehicle Market
COVID-19's effects have significantly altered the business environment for 2020 and had a
detrimental effect on both production and sales across the board for the automobile industry.
The COVID-19 epidemic caused a significant blow to the global economy. Global sales of
electric vehicles were, on average, 15% lower in the first half of 2020 than in 2019. The

growth of the Commercial Electric Vehicle business was adversely impacted by the drop in
electric car sales.
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Report Includes Competitor's Landscape:
• Major trends and growth projections by region and country
• Key winning strategies followed by the competitors
• Who are the key competitors in this industry?
• What shall be the potential of this industry over the forecast tenure?
• What are the factors propelling the demand for the Action Figures and Statues?
• What are the opportunities that shall aid in significant proliferation of the market
growth?
• What are the regional and country wise regulations that shall either hamper or boost
the demand for Action Figures and Statues?
• How has the covid-19 impacted the growth of the market?
• Has the supply chain disruption caused changes in the entire value chain?
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Table of Content: -
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Vehicle Type
3.2 By Propulsion
3.3 By End Users
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Commercial Electric Vehicle Market by Vehicle Type
5.1 Commercial Electric Vehicle Market Overview Snapshot and Growth Engine
5.2 Commercial Electric Vehicle Market Overview
5.3 Bus
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities

5.3.4 Bus: Geographic Segmentation
5.4 Trucks
5.4.4 Trucks: Geographic Segmentation
5.5 Pick-up Trucks
5.5.4 Pick-up Trucks: Geographic Segmentation
5.6 Vans
5.6.4 Vans: Geographic Segmentation
Chapter 6: Commercial Electric Vehicle Market by Propulsion
6.3 Battery Electric Vehicles
6.3.4 Battery Electric Vehicles: Geographic Segmentation
6.4 Plug-in Hybrid Electric Vehicles
6.4.4 Plug-in Hybrid Electric Vehicles: Geographic Segmentation
6.5 Fuel Cell Electric Vehicles
6.5.4 Fuel Cell Electric Vehicles: Geographic Segmentation
Chapter 7: Commercial Electric Vehicle Market by End Users
7.3 Last Mile Delivery
7.3.4 Last Mile Delivery: Geographic Segmentation
7.4 Distribution Services
7.4.4 Distribution Services: Geographic Segmentation
7.5 Transportation

7.5.4 Transportation: Geographic Segmentation
7.6 Others
7.6.4 Others: Geographic Segmentation
Chapter 8: Company Profiles and Competitive Analysis
8.1 Competitive Landscape
8.1.1 Competitive Positioning
8.1.2 Commercial Electric Vehicle Sales and Market Share By Players
8.1.3 Industry BCG Matrix
8.1.4 Heat Map Analysis
8.1.5 Commercial Electric Vehicle Industry Concentration Ratio (CR5 and HHI)
8.1.6 Top 5 Commercial Electric Vehicle Players Market Share
8.1.7 Mergers and Acquisitions
8.1.8 Business Strategies By Top Players
8.2 TRATON SE
8.2.1 Company Overview
8.2.2 Key Executives
8.2.3 Company Snapshot
8.2.4 Operating Business Segments
8.2.5 Product Portfolio
8.2.6 Business Performance
8.2.7 Key Strategic Moves and Recent Developments
8.2.8 SWOT Analysis
8.3 AB VOLVO
8.4 BYD AUTO CO. LTD
8.5 DAIMLER AG
8.6 ZHONGTONG BUS HOLDING
8.7 ANHUI ANKAI AUTOMOBILE CO. LTD
8.8 PROTERRA INC.
8.9 RIVIAN
8.10 TATA MOTORS LIMITED
8.11 TESLA INC.
8.12 FORD MOTOR COMPANY
8.13 NFI GROUP INC
8.14 OTHER MAJOR PLAYERS
Chapter 9: Global Commercial Electric Vehicle Market Analysis, Insights and Forecast, 2016-
2028
To Be Continued…

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Terms of Use:
This research study involved the extensive usage of both primary and secondary data
sources. The research process involved the study of various factors affecting the
industry, including the government policy, market environment, competitive
landscape, historical data, present trends in the market, technological innovation,
upcoming technologies and the technical progress in related industry, and market
risks, opportunities, market barriers and challenges. The following illustrative figure
shows the market research methodology applied in this report.

Top-down and bottom-up approaches are used to validate the global market size
market and estimate the market size for Company, regions segments, product
segments and Application (end users).

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