• Report SKU:SKU: SYNR9817
  • Description
  • Table of Contents
  • Request Sample

The Global Electric Commercial Vehicle Market is expected to reach $934.44 thousand units by 2026 growing at a CAGR of 39.1% during 2019 to 2026. An electric commercial vehicle is an electrically powered vehicle used for the transportation that is powered either by the battery or an external source. The commercial vehicles store electricity in the on-board electric battery. In commercial electric busses, the electricity is also supplied by contact with outside power sources. The development in the automotive industry is also making new ways of storing electricity such as the gyrobus, which uses flywheel energy storage. The gyrobus is not in use commercially, as development in this area continues. Electric vehicles are powered using collector system off-vehicle sources of electricity or chargeable batteries, solar panels, etc. Factors such as increasing demand for emission-free commercial vehicles, rising adoption of electric vehicles in the logistics industry, government support for electric commercial vehicles, reduction in battery prices, and increasing awareness regarding low carbon emission in the environment among individuals are driving the market growth. However, high development cost is restraining the market growth. Amongst vehicle type, the electric van segment is expected to grow at the significant rate over the forecast period, as there is a high demand for electric vans from the logistics sector, especially in the North America region. The growth of the logistics and e-commerce sectors is expected to drive the market for electric vans during the forecast period. The usage of electric vans in the logistics sector would minimize the cost of transportation. Many leading logistics companies in Europe and North America have started using electric vans for shipping and delivery purposes. For instance, DHL, one of the leading logistics companies in the world, is using electric vans while Amazon announced plans to use electric delivery vans to be built by Rivian from 2021 onwards. The key vendors mentioned are Samsung SDI Co., Ltd., Panasonic Corporation, Tesla Inc., Nissan Motor Co., Ltd., Continental AG, Hyundai Motor Company, Delphi Automotive Systems, ABB, Ballard Power Systems, Mitsubishi Electric, BYD Company Limited, Daimler AG, Honda, LG Chem, Toshiba, Siemens, Proterra, Toyota Motor Corp., Ford Motor Co., and Tata Motors Ltd. Battery Capacities Covered: • Above 250 kWh • 50−250 kWh • Less Than 50 kWh Propulsion Types Covered: • Plug-in Hybrid Electric Vehicles (PHEV) • Battery Electric Vehicles (BEV) • Fuel Cell Electric Vehicles (FCEV) • Hybrid Electric Vehicles (HEV) Vehicle Types Covered: • Electric Truck (Medium and Heavy Duty Trucks) • Electric Van • Electric Pick-up Truck • Electric Buses • Light Commercial Vehicles (LCVs) Power Outputs Covered: • Above 250 KW • 100−250 KW • Less Than 100 KW Battery Types Covered: • Lithium-Nickel-Manganese-Cobalt Oxide (NMC) • Lithium-Iron-Phosphate (LFP) Components Covered: • Hydrogen Fuel Cell • Electric Motor • Electric Vehicles (EV) Battery Ranges Covered: • Above 500 Miles • 251-500 Miles • 151-250 Miles • 0-150 Miles Autonomous Vehicles Covered: • Electric Autonomous Bus • Electric Autonomous Truck Length of Bus Types Covered: • Above 14m • 9−14m • less than 9m Charging Infrastructures Covered: • Plug-In • Pantograph • Inductive Cell Formats Covered: • Pouch • Round • Prismatic Haulages Covered: • Long-Haul Cycles • Urban • Regional Applications Covered: • Private • Commercial • Cargo • Passenger End Users Covered: • Field Service • Long Haul Transportation • Distribution Service • Last Mile Delivery • Refuse Service Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period

1 Market Synopsis

2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources

3 Market Dynamics
3.1 Drivers
3.2 Restraints

4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry

5 Global Electric Commercial Vehicle Market, By Battery Capacity
5.1 Introduction
5.2 Above 250 kWh
5.3 50−250 kWh
5.4 Less Than 50 kWh

6 Global Electric Commercial Vehicle Market, By Propulsion Type
6.1 Introduction
6.2 Plug-in Hybrid Electric Vehicles (PHEV)
6.3 Battery Electric Vehicles (BEV)
6.4 Fuel Cell Electric Vehicles (FCEV)
6.5 Hybrid Electric Vehicles (HEV)

7 Global Electric Commercial Vehicle Market, By Vehicle Type
7.1 Introduction
7.2 Electric Truck (Medium and Heavy Duty Trucks)
7.3 Electric Van
7.4 Electric Pick-up Truck
7.5 Electric Buses
7.6 Light Commercial Vehicles (LCVs)

8 Global Electric Commercial Vehicle Market, By Power Output
8.1 Introduction
8.2 Above 250 KW
8.3 100−250 KW
8.4 Less Than 100 KW

9 Global Electric Commercial Vehicle Market, By Battery Type
9.1 Introduction
9.2 Lithium-Nickel-Manganese-Cobalt Oxide (NMC)
9.3 Lithium-Iron-Phosphate (LFP)

10 Global Electric Commercial Vehicle Market, By Component
10.1 Introduction
10.2 Hydrogen Fuel Cell
10.3 Electric Motor
10.4 Electric Vehicles (EV) Battery

11 Global Electric Commercial Vehicle Market, By Range
11.1 Introduction
11.2 Above 500 Miles
11.3 251-500 Miles
11.4 151-250 Miles
11.5 0-150 Miles

12 Global Electric Commercial Vehicle Market, By Autonomous Vehicles
12.1 Introduction
12.2 Electric Autonomous Bus
12.3 Electric Autonomous Truck

13 Global Electric Commercial Vehicle Market, By Length of Bus Type
13.1 Introduction
13.2 Above 14m
13.3 9−14m
13.4 less than 9m

14 Global Electric Commercial Vehicle Market, By Charging Infrastructure
14.1 Introduction
14.2 Plug-In
14.3 Pantograph
14.4 Inductive

15 Global Electric Commercial Vehicle Market, By Cell Format
15.1 Introduction
15.2 Pouch
15.3 Round
15.4 Prismatic

16 Global Electric Commercial Vehicle Market, By Haulage
16.1 Introduction
16.2 Long-Haul Cycles
16.3 Urban
16.4 Regional

17 Global Electric Commercial Vehicle Market, By Application
17.1 Introduction
17.2 Private
17.3 Commercial
17.4 Cargo
17.5 Passenger

18 Global Electric Commercial Vehicle Market, By End User
18.1 Introduction
18.2 Field Service
18.3 Long Haul Transportation
18.4 Distribution Service
18.5 Last Mile Delivery
18.6 Refuse Service

19 Global Electric Commercial Vehicle Market, By Geography
19.1 Introduction
19.2 North America
19.3 Europe
19.4 Asia Pacific
19.5 South America
19.6 Middle East & Africa

20 Strategic Benchmarking

21 Vendors Landscape
21.1 Samsung SDI Co Ltd
21.2 Panasonic Corporation
21.3 Tesla Inc
21.4 Nissan Motor Co Ltd
21.5 Continental AG
21.6 Hyundai Motor Company
21.7 Delphi Automotive Systems
21.8 ABB
21.9 Ballard Power Systems
21.10 Mitsubishi Electric
21.11 BYD Company Limited
21.12 Daimler AG
21.13 Honda
21.14 LG Chem
21.15 Toshiba
21.16 Siemens
21.17 Proterra
21.18 Toyota Motor Corp
21.19 Ford Motor Co
21.20 Tata Motors Ltd

List of Data Tables
1 Global Electric Commercial Vehicle Market Outlook, By Region (2018-2026) ($MN)
2 Global Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
3 Global Electric Commercial Vehicle Market Outlook, By Above 250 kWh (2018-2026) ($MN)
4 Global Electric Commercial Vehicle Market Outlook, By 50−250 kWh (2018-2026) ($MN)
5 Global Electric Commercial Vehicle Market Outlook, By Less Than 50 kWh (2018-2026) ($MN)
6 Global Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
7 Global Electric Commercial Vehicle Market Outlook, By Plug-in Hybrid Electric Vehicles (PHEV) (2018-2026) ($MN)
8 Global Electric Commercial Vehicle Market Outlook, By Battery Electric Vehicles (BEV) (2018-2026) ($MN)
9 Global Electric Commercial Vehicle Market Outlook, By Fuel Cell Electric Vehicles (FCEV) (2018-2026) ($MN)
10 Global Electric Commercial Vehicle Market Outlook, By Hybrid Electric Vehicles (HEV) (2018-2026) ($MN)
11 Global Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
12 Global Electric Commercial Vehicle Market Outlook, By Electric Truck (Medium and Heavy Duty Trucks) (2018-2026) ($MN)
13 Global Electric Commercial Vehicle Market Outlook, By Electric Van (2018-2026) ($MN)
14 Global Electric Commercial Vehicle Market Outlook, By Electric Pick-up Truck (2018-2026) ($MN)
15 Global Electric Commercial Vehicle Market Outlook, By Electric Buses (2018-2026) ($MN)
16 Global Electric Commercial Vehicle Market Outlook, By Light Commercial Vehicles (LCVs) (2018-2026) ($MN)
17 Global Electric Commercial Vehicle Market Outlook, By Global Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
18 Global Electric Commercial Vehicle Market Outlook, By Above 250 KW (2018-2026) ($MN)
19 Global Electric Commercial Vehicle Market Outlook, By 100−250 KW (2018-2026) ($MN)
20 Global Electric Commercial Vehicle Market Outlook, By Less Than 100 KW (2018-2026) ($MN)
21 Global Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
22 Global Electric Commercial Vehicle Market Outlook, By Lithium-Nickel-Manganese-Cobalt Oxide (NMC) (2018-2026) ($MN)
23 Global Electric Commercial Vehicle Market Outlook, By Lithium-Iron-Phosphate (LFP) (2018-2026) ($MN)
24 Global Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
25 Global Electric Commercial Vehicle Market Outlook, By Hydrogen Fuel Cell (2018-2026) ($MN)
26 Global Electric Commercial Vehicle Market Outlook, By Electric Motor (2018-2026) ($MN)
27 Global Electric Commercial Vehicle Market Outlook, By Electric Vehicles (EV) Battery (2018-2026) ($MN)
28 Global Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
29 Global Electric Commercial Vehicle Market Outlook, By Above 500 Miles (2018-2026) ($MN)
30 Global Electric Commercial Vehicle Market Outlook, By 251-500 Miles (2018-2026) ($MN)
31 Global Electric Commercial Vehicle Market Outlook, By 151-250 Miles (2018-2026) ($MN)
32 Global Electric Commercial Vehicle Market Outlook, By 0-150 Miles (2018-2026) ($MN)
33 Global Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
34 Global Electric Commercial Vehicle Market Outlook, By Electric Autonomous Bus (2018-2026) ($MN)
35 Global Electric Commercial Vehicle Market Outlook, By Electric Autonomous Truck (2018-2026) ($MN)
36 Global Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
37 Global Electric Commercial Vehicle Market Outlook, By Above 14m (2018-2026) ($MN)
38 Global Electric Commercial Vehicle Market Outlook, By 9−14m (2018-2026) ($MN)
39 Global Electric Commercial Vehicle Market Outlook, By less than 9m (2018-2026) ($MN)
40 Global Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
41 Global Electric Commercial Vehicle Market Outlook, By Plug-In (2018-2026) ($MN)
42 Global Electric Commercial Vehicle Market Outlook, By Pantograph (2018-2026) ($MN)
43 Global Electric Commercial Vehicle Market Outlook, By Inductive (2018-2026) ($MN)
44 Global Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
45 Global Electric Commercial Vehicle Market Outlook, By Pouch (2018-2026) ($MN)
46 Global Electric Commercial Vehicle Market Outlook, By Round (2018-2026) ($MN)
47 Global Electric Commercial Vehicle Market Outlook, By Prismatic (2018-2026) ($MN)
48 Global Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
49 Global Electric Commercial Vehicle Market Outlook, By Long-Haul Cycles (2018-2026) ($MN)
50 Global Electric Commercial Vehicle Market Outlook, By Urban (2018-2026) ($MN)
51 Global Electric Commercial Vehicle Market Outlook, By Regional (2018-2026) ($MN)
52 Global Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
53 Global Electric Commercial Vehicle Market Outlook, By Private (2018-2026) ($MN)
54 Global Electric Commercial Vehicle Market Outlook, By Commercial (2018-2026) ($MN)
55 Global Electric Commercial Vehicle Market Outlook, By Cargo (2018-2026) ($MN)
56 Global Electric Commercial Vehicle Market Outlook, By Passenger (2018-2026) ($MN)
57 Global Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)
58 Global Electric Commercial Vehicle Market Outlook, By Field Service (2018-2026) ($MN)
59 Global Electric Commercial Vehicle Market Outlook, By Long Haul Transportation (2018-2026) ($MN)
60 Global Electric Commercial Vehicle Market Outlook, By Distribution Service (2018-2026) ($MN)
61 Global Electric Commercial Vehicle Market Outlook, By Last Mile Delivery (2018-2026) ($MN)
62 Global Electric Commercial Vehicle Market Outlook, By Refuse Service (2018-2026) ($MN)
63 North America Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
64 North America Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
65 North America Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
66 North America Electric Commercial Vehicle Market Outlook, By North America Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
67 North America Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
68 North America Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
69 North America Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
70 North America Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
71 North America Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
72 North America Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
73 North America Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
74 North America Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
75 North America Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
76 North America Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)
77 Europe Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
78 Europe Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
79 Europe Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
80 Europe Electric Commercial Vehicle Market Outlook, By Europe Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
81 Europe Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
82 Europe Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
83 Europe Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
84 Europe Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
85 Europe Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
86 Europe Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
87 Europe Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
88 Europe Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
89 Europe Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
90 Europe Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)
91 Asia Pacific Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
92 Asia Pacific Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
93 Asia Pacific Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
94 Asia Pacific Electric Commercial Vehicle Market Outlook, By Asia Pacific Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
95 Asia Pacific Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
96 Asia Pacific Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
97 Asia Pacific Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
98 Asia Pacific Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
99 Asia Pacific Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
100 Asia Pacific Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
101 Asia Pacific Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
102 Asia Pacific Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
103 Asia Pacific Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
104 Asia Pacific Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)
105 South America Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
106 South America Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
107 South America Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
108 South America Electric Commercial Vehicle Market Outlook, By South America Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
109 South America Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
110 South America Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
111 South America Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
112 South America Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
113 South America Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
114 South America Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
115 South America Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
116 South America Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
117 South America Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
118 South America Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)
119 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Battery Capacity (2018-2026) ($MN)
120 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Propulsion Type (2018-2026) ($MN)
121 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Vehicle Type (2018-2026) ($MN)
122 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Middle East & Africa Electric Commercial Vehicle Market, By Power Output (2018-2026) ($MN)
123 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Battery Type (2018-2026) ($MN)
124 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Component (2018-2026) ($MN)
125 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Range (2018-2026) ($MN)
126 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Autonomous Vehicles (2018-2026) ($MN)
127 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Length of Bus Type (2018-2026) ($MN)
128 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Charging Infrastructure (2018-2026) ($MN)
129 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Cell Format (2018-2026) ($MN)
130 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Haulage (2018-2026) ($MN)
131 Middle East & Africa Electric Commercial Vehicle Market Outlook, By Application (2018-2026) ($MN)
132 Middle East & Africa Electric Commercial Vehicle Market Outlook, By End User (2018-2026) ($MN)