Global Commercial Electric Vehicle Market Report to 2031 – Featuring Alke, Tropos Motors, Columbia Vehicle and Polaris, among others – PR Newswire | CarTailz

DUBLIN, November 17, 2022 /PRNewswire/ — The Electric Commercial Vehicles Market by Battery Type, By Vehicle Type, By Application: Global Opportunity Analysis and Industry Forecast, 2021-2031 report has been added ResearchAndMarkets.com Offer.

According to this report, the electric utility vehicle market has been evaluated $8.59 billion in 2021 and is expected to be achieved $24.98 billion to 2031 and growing at a CAGR of 11.4% from 2022 to 2031.

An electric utility vehicle is a zero-emission vehicle that uses an electric motor to perform a specific task. In addition, these vehicles are used in farms, parks, in logistics or to transport other utilities. Airports, warehouses and industrial plants use specialized electric utility vehicles. In addition, electric utility vehicles also find application in leisure activities and last-mile deliveries.

The popularity of lithium-ion batteries is growing exponentially due to their light weight, high capacity, and sharp price declines in recent years. Lead-acid batteries have disadvantages such as high self-discharge rates and relatively low charge/discharge cycles, making them less suitable for energy storage applications. Because of these disadvantages, manufacturers use lithium-ion batteries in electric commercial vehicles.

Additionally, several manufacturers are innovating in lithium-ion batteries to enable fast charging in upcoming EVs and EVs. For example in March 2020, General Motors introduced Ultium batteries. Ultium batteries use a new type of lithium-ion chemistry being developed by GM and LG Chem under the Ultium brand name. GM’s new Ultium batteries can be stacked vertically or horizontally in the battery pack. It also helps in providing an estimated range of up to 400 miles. Additionally, Ultium-powered EVs are expected to feature Level 2 and DC fast charging.

The growth of the global electric commercial vehicle market has been driven by the introduction of new and improved electric commercial vehicles, stringent government regulations and regulations related to vehicle emissions, and an increase in fuel costs. However, lack of charging infrastructure and limited range of electric vehicles are the factors hampering the growth of the market. Furthermore, advancements in technology and proactive government initiatives are the factors that are expected to provide opportunities for growth during the forecast period.

The electric utility vehicle market is segmented by battery type, vehicle type, application and region. According to the battery type, it is divided into lithium-ion, lead-acid and others. By vehicle type, it is classified into sport utility vehicle, multi utility vehicle, utility terrain vehicle and others. According to the application, it is fragmented into passenger transport, industrial, agricultural, sports and others. In addition, it analyzes the current Commercial Electric Vehicle market trends in different regions such as: North America, Europe, Asia Pacificand LAMEA and suggests the future growth opportunities by analyzing the government regulations and policies.

Main Benefits

  • This report provides a quantitative analysis of the market segments, current trends, estimates and dynamics of the Electric Commercial Vehicles Market Analysis from 2021 to 2031 to identify the prevailing Electric Commercial Vehicles market opportunities.
  • The market research is offered along with information on key drivers, restraints and opportunities.
  • Porter’s Five Forces Analysis highlights the potential of buyers and suppliers to enable stakeholders to make profit-driven business decisions and strengthen their supplier-buyer network.
  • An in-depth analysis of the Electric Commercial Vehicles market segmentation helps to determine the prevailing opportunities in the market.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • The positioning of market participants facilitates benchmarking and provides a clear understanding of the current position of market participants.
  • The report includes the analysis of regional and global Electric Commercial Vehicles market trends, key players, market segments, application areas, and market growth strategies.

Main topics covered:

CHAPTER 1 INTRODUCTION

CHAPTER 2: SUMMARY

CHAPTER 3: MARKET OVERVIEW
3.1. Market Definition and Scope
3.2.Key Findings
3.2.1.Top Investment Bags
3.3.Porter’s Five Forces Analysis
3.4.Top Player Positioning
3.5.Market Dynamics
3.5.1. Driver
3.5.2.Restrictions
3.5.3.Possibilities
3.6.COVID-19 Impact Analysis in the Market

CHAPTER 4: ELECTRIC COMMERCIAL VEHICLE MARKET, BY BATTERY TYPE
4.1 Overview
4.1.1 Market Size and Forecast
4.2 Lead Acid
4.2.1 Key Market Trends, Growth Factors and Opportunities
4.2.2 Market Size and Forecast by Region
4.2.3 Market Analysis by Countries
4.3 Lithium Ion
4.3.1 Key Market Trends, Growth Factors and Opportunities
4.3.2 Market Size and Forecast by Region
4.3.3 Market Analysis by Countries
4.4 Miscellaneous
4.4.1 Key Market Trends, Growth Factors and Opportunities
4.4.2 Market Size and Forecast by Region
4.4.3 Market Analysis by Countries

CHAPTER 5: ELECTRIC COMMERCIAL VEHICLE MARKET BY VEHICLE TYPE
5.1 Overview
5.1.1 Market Size and Forecast
5.2 Sports Utility Vehicle
5.2.1 Key Market Trends, Growth Factors and Opportunities
5.2.2 Market Size and Forecast by Region
5.2.3 Market Analysis by Countries
5.3 Multi-Purpose Vehicle
5.3.1 Key Market Trends, Growth Factors and Opportunities
5.3.2 Market Size and Forecast by Region
5.3.3 Market Analysis by Countries
5.4 Off-road utility vehicle
5.4.1 Key Market Trends, Growth Factors and Opportunities
5.4.2 Market Size and Forecast by Region
5.4.3 Market Analysis by Countries
5.5 Miscellaneous
5.5.1 Key Market Trends, Growth Factors and Opportunities
5.5.2 Market Size and Forecast by Region
5.5.3 Market Analysis by Countries

CHAPTER 6: ELECTRIC COMMERCIAL VEHICLE MARKET BY APPLICATION
6.1 Overview
6.1.1 Market Size and Forecast
6.2 Passenger Shuttle Service
6.2.1 Key Market Trends, Growth Factors and Opportunities
6.2.2 Market Size and Forecast by Region
6.2.3 Market Analysis by Countries
6.3 Industrial
6.3.1 Key Market Trends, Growth Factors and Opportunities
6.3.2 Market Size and Forecast by Region
6.3.3 Market Analysis by Countries
6.4 Agriculture
6.4.1 Key Market Trends, Growth Factors and Opportunities
6.4.2 Market Size and Forecast by Region
6.4.3 Market Analysis by Countries
6.5 Sports
6.5.1 Key Market Trends, Growth Factors and Opportunities
6.5.2 Market Size and Forecast by Region
6.5.3 Market Analysis by Countries
6.6 Miscellaneous
6.6.1 Key Market Trends, Growth Factors and Opportunities
6.6.2 Market Size and Forecast by Region
6.6.3 Market Analysis by Countries

CHAPTER 7: ELECTRIC COMMERCIAL VEHICLE MARKET BY REGION

CHAPTER 8: ENTERPRISE LANDSCAPE
8.1. introduction
8.2. The best winning strategies
8.3. Product attribution of the top 10 players
8.4. Competition Dashboard
8.5. Competitive heat map
8.6. Important Developments

CHAPTER 9: COMPANY PROFILES
9.1 Tesla, Inc.
9.1.1 Corporate Overview
9.1.2 Company Snapshot
9.1.3 Operating Business Segments
9.1.4 Product Portfolio
9.1.5 Business Performance
9.1.6 Important strategic steps and developments
9.2 Alks
9.2.1 Company Overview
9.2.2 Company Snapshot
9.2.3 Operating Business Segments
9.2.4 Product Portfolio
9.2.5 Business Performance
9.2.6 Important strategic steps and developments
9.3 Tropos engines
9.3.1 Company Overview
9.3.2 Company Snapshot
9.3.3 Operating Business Segments
9.3.4 Product Portfolio
9.3.5 Business Performance
9.3.6 Important strategic steps and developments
9.4 Columbia Vehicle Group Inc.
9.4.1 Company Overview
9.4.2 Company Snapshot
9.4.3 Operating Business Segments
9.4.4 Product Portfolio
9.4.5 Business Performance
9.4.6 Important strategic steps and developments
9.5 Marshall Green Power
9.5.1 Company Overview
9.5.2 Company Snapshot
9.5.3 Operating Business Segments
9.5.4 Product Portfolio
9.5.5 Business Performance
9.5.6 Important strategic steps and developments
9.6 Polaris Inc.
9.6.1 Company Overview
9.6.2 Company Snapshot
9.6.3 Operating Segments
9.6.4 Product Portfolio
9.6.5 Business Performance
9.6.6 Important strategic steps and developments
9.7 Club Car
9.7.1 Company Overview
9.7.2 Company Snapshot
9.7.3 Operating Segments
9.7.4 Product Portfolio
9.7.5 Business Performance
9.7.6 Important strategic steps and developments
9.8 Star EV Corporation
9.8.1 Company Overview
9.8.2 Company Snapshot
9.8.3 Operating Segments
9.8.4 Product Portfolio
9.8.5 Business Performance
9.8.6 Important strategic steps and developments
9.9 Neuron EV
9.9.1 Company Overview
9.9.2 Company Snapshot
9.9.3 Operating Segments
9.9.4 Product Portfolio
9.9.5 Business Performance
9.9.6 Important strategic steps and developments
9.10 Bollinger Motors
9.10.1 Company Overview
9.10.2 Company Snapshot
9.10.3 Operating segments
9.10.4 Product Portfolio
9.10.5 Business Performance
9.10.6 Important strategic steps and developments
9.11 Mahindra Electric Mobility Limited
9.11.1 Company Overview
9.11.2 Company Snapshot
9.11.3 Operating segments
9.11.4 Product Portfolio
9.11.5 Business Performance
9.11.6 Important strategic steps and developments
9.12 Ford Motor Company
9.12.1 Company Overview
9.12.2 Company Snapshot
9.12.3 Operating segments
9.12.4 Product Portfolio
9.12.5 Business Performance
9.12.6 Important strategic steps and developments
9.13 The General Motors Company
9.13.1 Company Overview
9.13.2 Company Snapshot
9.13.3 Operating Segments
9.13.4 Product Portfolio
9.13.5 Business Performance
9.13.6 Important strategic steps and developments
9.14 Toyota Motor Corporation
9.14.1 Company Overview
9.14.2 Company Snapshot
9.14.3 Operating segments
9.14.4 Product Portfolio
9.14.5 Business Performance
9.14.6 Important strategic steps and developments
9.15 Hyundai Motor Company
9.15.1 Company Overview
9.15.2 Company Snapshot
9.15.3 Operating segments
9.15.4 Product Portfolio
9.15.5 Business Performance
9.15.6 Key strategic steps and developments

For more information about this report, visit https://www.researchandmarkets.com/r/wqmbai

Media contact:

Laura WoodSenior managers
[email protected]

For EST office hours, call +1-917-300-0470
For US/CAN, call toll free +1-800-526-8630
For GMT office hours, call +353-1-416-8900

US Fax: 646-607-1907 Fax (Outside US): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets

Leave a Comment