Norway Electric Trucks Market Tends to Grow at a CAGR of +45% During 2017-2025


Posted February 25, 2019 by Steveblade

Norway is one of the most lucrative markets for electric vehicles technology as the current adoption rate is relatively high as compared to other countries and accounts for the highest market share of approximately 29% of electric vehicles.

 
According to Goldstein Research, Norway electric trucks market is anticipated to expand at a CAGR of more than 45% during the forecast period, 2017-2025. The first factor is based on the total cost of ownership as these trucks could be on parity with diesel and substitute powertrains in the virtual near term. The second factor would be the vigorous electric-vehicle (EV) technology and infrastructure is becoming progressively cost competitive and accessible. Third, adoption is being supported by the regulatory environment, including country-level emission regulations and local access policies.
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Market Segmentation
On the basis of our in-depth analysis, Norway Electric Trucks Market can be segmented as follows:
By Technology Type
• Battery Electric Trucks
• Plug-in Hybrids
• Hybrids
• Fuel Cell Electric Trucks
By Vehicle Type
• Light-Duty Trucks (LDTs)
• Medium-Duty Trucks (MDTs)
• Heavy-Duty Trucks (HDTs)
By Applications
• Urban
• Regional (Inter Cities)
• Long-Haul Cycles
Norway Electric Trucks Market Report by Goldstein Research contains a detailed overview of the Norway electric trucks market. The Norway Electric Trucks Market Report highlights the competitive outlook of major Norway players that includes business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of electric trucks market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the Norway electric trucks market discussed in the report are: Orange EV, Tesla, Hino Trucks, Isuzu Motors Limited, Nissan, Goupil Industries, Dong Feng Motors, Iveco, Efficient Drivetrains Inc (EDI), BYD, Wrightspeed, Renault & Groupe Delanchy, Cummins Inc., Daimler AG, Nikola Motor Company, etc.
Further, the report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Electric Trucks Market outlook also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. The report also includes the expert analysis which provides a complete overview of the market post analysis of the economic, political, environmental & social factors of each region and country.
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About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the industry, and leave a mark across businesses and communities through our well-defined ideas and clear cut forecasts.
Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on automotive industry analysis report to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current industry scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.
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Categories Automotive , Research
Tags norway_electric_trucks_markety
Last Updated February 25, 2019