Electric Trucks Market Scope And Analysis

  • Report Code : TIPRE00025913
  • Category : Automotive and Transportation
  • Status : Published
  • No. of Pages : 180
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Electric Trucks Market Analysis, Trends, and Scope 2022 to 2028

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Electric Trucks Market Report Scope

Report Attribute Details
Market size in 2021 US$ 4.59 Billion
Market Size by 2028 US$ 26.54 Billion
Global CAGR (2021 - 2028) 29.4%
Historical Data 2019-2020
Forecast period 2022-2028
Segments Covered By Propulsion
  • BEV
  • PHEV
  • FCV
By Vehicle Type
  • LCV and Medium & HCV
By Range
  • Less than 200 Miles and More than 200 Miles
By Level of Automation
  • Semi-Autonomous and Fully Autonomous
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AB Volvo
  • BYD Company Ltd
  • Daimler AG
  • FAW Group Co Ltd
  • Navistar Inc
  • PACCAR Inc
  • Proterra Inc
  • Rivian
  • Scania
  • Based on the electric trucks market report, players operating in the market are mainly focused on new product launches.

    • In early 2021, Volvo Trucks introduced the new Volvo FM electric truck model. This model, with new automated features, offers enhanced visibility for drivers and an integrated electronically controlled brake system.
    • In August 2021, Navistar announced the launch of its new fully electric international eMV Series trucks. The eMV trucks are designed to combine medium-duty truck experience with zero emissions and deliver a fully integrated electrified powertrain solution.