Title: Electric Truck Market 2024 - By Growth Rate, Sales, Production, Consumption Manufacturers, Shares And Outlook By 2033
1Electric Truck Global Market Report 2024
Global Forecast 2024 2033 Market Size, Drivers,
And Trends
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2Electric Truck Market Segments
The Business Research Company segments the
electric truck market report as
Light Duty Electric Truck, Medium Duty Electric
Truck, Heavy Duty Electric Truck
By Vehicle
Battery Electric Vehicle, Hybrid Electric
Vehicle, Fuel Cell Electric Vehicle
By Propulsion
Up to 150 Miles, 151-300 Miles, Above 300 Miles
By Range
By End-User
Last Mile Delivery, Long Haul Transportation,
Refuse Services, Field Services, Distribution
Services
3Market Statistics
The global Electric Truck market size grew
from 2.71 billion in 2023 to 4.03 billion in
2024 at a compound annual growth rate (CAGR) of
49.0. The Electric Truck market size is expected
to grow to 5.38 billion in 2028 at a compound
annual growth rate (CAGR) of 23.4.
5.38 B
4.03 B
2.71 B
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4Key Market Drivers And Trends
Drivers
Government incentives and schemes are expected to
drive the growth of the electric truck market.
Trends
The development of self-driving electric trucks
is the key trend gaining popularity in the
electric trucks sector.
Region
Western Europe was the largest region in the
Electric Truck market in 2023. The regions
covered in the Electric Truck market analysis
report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle East
and Africa.
5Top Eleven Players In The Market
- Major players in the market are
- AB Volvo
- Volkswagen AG
- Daimler Truck AG
- Paccar Inc.
- Dongfeng Motor Company
- Groupe Renault
- Hino Motors
- Isuzu Motors Ltd.
- BharatBenz
- Ashok Leyland
- MellowVans
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