The Electric Commercial Vehicles Global Market Report 2023, provides comprehensive information on the electric commercial vehicles market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Electric Commercial Vehicles Global Market Report 2023, the global commercial electric vehicles market grew from $88.45 billion in 2022 to $116.95 billion in 2023 at a compound annual growth rate (CAGR) of 32.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The commercial electric vehicles market is expected to grow from $357.44 billion in 2027 at a CAGR of 32.2%.
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The electric commercial vehicles market is segmented:
1) By Propulsion Type: BEV, PHEV, FCEV
2) By Vehicle Type: Electric Bus, Electric Truck, Electric Pick-up Truck, Electric Van
3) By Battery Type: Lithium-iron-phosphate (LFP), Lithium-nickel-manganese-cobalt oxide (NMC), Other Battery Types
4)By Technology: Battery Electric Commercial Vehicles, Plug-in Hybrids, Hybrids, Fuel Cell Electric Commercial Vehicles
Asia-Pacific was the largest region in the electric commercial vehicles market in 2022.
The table of contents in TBRC’s electric commercial vehicles market report includes:
- Executive Summary
- Electric commercial vehicles Market Characteristics
- Electric commercial vehicles Market Trends And Strategies
- Electric commercial vehicles Market – Macro Economic Scenario
- Electric commercial vehicles Market Size And Growth
…..
- Africa Electric commercial vehicles Market
- Electric commercial vehicles Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Electric commercial vehicles Market
- Electric commercial vehicles Market Future Outlook and Potential Analysis
- Appendix
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