The global Electric Commercial Vehicle Market is forecasted to be worth USD 339.78 Billion by 2027, according to a current analysis by Emergen Research. The current developments in the technology of electric vehicles have provided an opportunity for its growth to revolutionize the commercial transportation sector. The electric commercial vehicles are projected to approach cost-competitiveness with conventional vehicles, owing to the reduction in battery costs and increased production volumes during the forecast years.

The Electric Commercial Vehicle report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2027. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.

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The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.

Top Companies Operating in the Electric Commercial Vehicle Market and Profiled in the Report are:

Yutong, BYD, VDL Groep, Proterra, AB Volvo, NFI Group, Daimler AG, King Long, Ebusco B.V., and Ankai, among others.

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Objectives of the Report:

• Study of the global Electric Commercial Vehicle market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
• Industrial structure analysis of the Electric Commercial Vehicle market by identification of various sub-segments
• Extensive analysis of key market players along with their SWOT analysis
• Competitive landscape benchmarking
• Analysis of Electric Commercial Vehicle market based on growth trends, futuristic outlook, and contribution to the total growth of the market
• Analysis of drivers, constraints, opportunities, challenges, and risks in the global Electric Commercial Vehicle market
• Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

For the purpose of this report, Emergen Research has segmented into the global Electric Commercial Vehicle Market on the basis of component, propulsion type, vehicle type, battery type, range, end-user, and region:

Component Outlook (Revenue, USD Billion; 2017-2027)

• Electric Motor
• Electric Vehicle Battery
• Hydrogen Fuel Cell

Propulsion Type Outlook (Revenue, USD Billion; 2017-2027)

• BEV
• PHEV
• FCEV

Vehicle Type Outlook (Revenue, USD Billion; 2017-2027)

• Electric Bus
• Electric Truck (Medium and Heavy Duty Trucks)
• Electric Pick-up Truck
• Electric Van

Battery Type Outlook (Revenue, USD Billion; 2017-2027)

• Lithium-iron-phosphate (LFP)
• Lithium-nickel-manganese-cobalt oxide (NMC)
• Others

Range Outlook (Revenue, USD Billion; 2017-2027)

• less than 150 Miles
• 150-300 Miles
• Above 300 Miles

End-User Outlook (Revenue, USD Billion; 2017-2027)

• Last-Mile Delivery
• Distribution Service
• Field Service
• Refuse Service
• Long Haul Transportation

Electric Commercial Vehicle Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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