Electric Commercial Vehicles Market Growth Analysis, Latest Trends And Business Opportunity 2021 To 2030

Posted September 9, 2021 by BharadwajReddy

Global Electric Commercial Vehicles Market by The Business Research Company is segmented as BEV, PHEV, FCEV

Electric Commercial Vehicles Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the electric commercial vehicles industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected electric commercial vehicles market growth numbers 2021-2030.

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The Electric Commercial Vehicles Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global electric commercial vehicles market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Electric Commercial Vehicles Global Market Report 2021 covers electric commercial vehicles market drivers, electric commercial vehicles market trends, electric commercial vehicles market growth rate, electric commercial vehicles market major players, player-adopted strategies in the market, and electric commercial vehicles market size.

The global electric commercial vehicles market is expected to grow from $60.11 billion in 2020 to $63.71 billion in 2021 at a compound annual growth rate (CAGR) of 6%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $121.01 billion in 2025 at a CAGR of 17%.

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The report covers the electric commercial vehicles market segments-

1) By Propulsion Type: BEV, PHEV, FCEV

2) By Vehicle Type: Electric Bus, Electric Truck, Electric Pick-up Truck, Electric Van

3) By Battery Type: Lithium-Iron-Phosphate (LFP), Lithium-Nickel-Manganese-Cobalt Oxide (NMC), Others

4) By Technology: Battery Electric Commercial Vehicles, Plug-In Hybrids, Hybrids, Fuel Cell Electric Commercial Vehicles

About The Business Research Company:

The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.

Get a quick glimpse of our services here: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

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Issued By tbrc
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Categories Automotive
Tags electriccommercialvehiclesmarket , electriccommercialvehiclesmarkettrends , electriccommercialvehiclesmarkethgrowth , tbrc
Last Updated September 9, 2021