시장 전망:
Automotive Manufacturing Electric Truck Market size is expected to see substantial growth, increasing from USD 44.22 billion in 2024 to USD 299.96 billion by 2034, at a CAGR of over 21.1%. By 2025, the industry revenue is estimated to be USD 51.68 billion.
Base Year Value (2024)
USD 44.22 Billion
19-24
x.x %
25-34
x.x %
CAGR (2025-2034)
21.1%
19-24
x.x %
25-34
x.x %
Forecast Year Value (2034)
USD 299.96 Billion
19-24
x.x %
25-34
x.x %
Historical Data Period
2021-2024
Largest Region
North America
Forecast Period
2025-2034
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시장 역학:
Growth Drivers & Opportunities
The automotive manufacturing electric truck market is experiencing significant growth driven by a combination of evolving consumer preferences and regulatory pressures. Increasing environmental awareness among consumers is pushing manufacturers to invest in electric vehicle technology. The shift towards sustainability is becoming a core value for many consumers, leading to higher demand for electric trucks as companies seek to reduce their carbon footprints and comply with stricter emissions regulations.
Additionally, advancements in battery technology are enhancing electric truck performance, making them more viable for varied applications. Improvements in battery efficiency and reduction in costs have helped alleviate range anxiety, a major concern for potential buyers. The ongoing development of charging infrastructure is further supporting market growth, as the establishment of more accessible charging stations improves convenience for electric truck users.
Another pivotal growth driver is the rise of e-commerce, which is fostering demand for last-mile delivery electric trucks. As logistics companies strive to optimize their operations, electric trucks are increasingly seen as a solution that combines cost-efficiency with sustainability. This opens new avenues for electric truck manufacturers to partner with logistics firms and develop tailored solutions that meet the needs of a rapidly evolving market.
Report Scope
Report Coverage | Details |
---|
Segments Covered | Vehicle Type, Powertrain, Application, Battery Type, Rangeal |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | CNH Industrial, Volvo Trucks, Daimler Truck, Tata Motors, Ashok Leyland, Isuzu Motors, BYD, Mitsubishi Fuso Truck and Bus, UD Trucks, Tesla, Navistar International, PACCAR, Rivian, Hino Motors, Nikola |
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Industry Restraints:
Despite the promising growth trajectory of the electric truck market, it faces several
Report Scope
Report Coverage | Details |
---|
Segments Covered | Vehicle Type, Powertrain, Application, Battery Type, Rangeal |
Regions Covered | • North America (United States, Canada, Mexico)
• Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC)
• Latin America (Argentina, Brazil, Rest of South America)
• Middle East & Africa (GCC, South Africa, Rest of MEA) |
Company Profiled | CNH Industrial, Volvo Trucks, Daimler Truck, Tata Motors, Ashok Leyland, Isuzu Motors, BYD, Mitsubishi Fuso Truck and Bus, UD Trucks, Tesla, Navistar International, PACCAR, Rivian, Hino Motors, Nikola |
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Industry Restraints: that could impede its expansion. One significant challenge is the high initial cost of electric trucks compared to traditional fuel-powered vehicles. This upfront investment can deter potential buyers, particularly small to medium-sized enterprises that may not have the financial flexibility to transition to electric vehicles.
Another restraint is the limited range offered by many electric trucks, which can be a barrier for businesses that require vehicles capable of covering long distances without frequent recharging. Although advancements in battery technology are addressing this issue, the pace of innovation may not be rapid enough to meet the immediate demands of users in various sectors.
Furthermore, the development of a comprehensive and reliable charging infrastructure remains insufficient in many regions. The lack of charging stations can create operational challenges for electric truck fleets, ultimately discouraging adoption. Additionally, concerns around the longevity and maintenance of electric truck components compared to traditional vehicles can further complicate decision-making for fleet operators.
Ultimately, while the automotive manufacturing electric truck market is poised for growth, it must navigate these restraints to realize its full potential.
지역예보:
Largest Region
North America
XX% Market Share in 2024
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North America
The North American automotive manufacturing electric truck market is largely shaped by the United States, which stands out as a leader in electric vehicle adoption and innovation. The demand for electric trucks is propelled by growing environmental concerns, government incentives, and an expanding charging infrastructure. Major manufacturers are investing heavily in developing electric versions of their popular truck models, which are critical in a market that has a strong cultural affinity for pickups and larger vehicles. Canada is also contributing to market expansion with supportive policies aimed at reducing emissions, although its market size remains smaller compared to the U.S. The presence of strong automotive companies and robust investment in battery technology further solidifies North America's position in this industry.
Asia Pacific
Asia Pacific represents a rapidly evolving automotive manufacturing electric truck market, with China emerging as a dominant player. The Chinese government is heavily promoting electric vehicles through policies and subsidies, facilitating widespread adoption among consumers and commercial fleets alike. Additionally, local manufacturers like BYD and NIO are leading the charge in electric truck production, driving innovation and competitiveness. Japan and South Korea are also making significant strides, with companies like Toyota and Hyundai focusing on eco-friendly technologies. The combination of government support, technological innovation, and a large consumer base places Asia Pacific at the forefront of growth in the electric truck sector.
Europe
In Europe, the automotive manufacturing electric truck market is characterized by a strong commitment to sustainability and stringent emissions regulations. Germany is a powerhouse in this space, with leading automotive manufacturers such as Volkswagen and Daimler investing heavily in electric trucks. The United Kingdom is also witnessing significant growth as it aims for all new vehicles to be zero-emission by 2030, fostering a conducive environment for electric truck innovation. France, with its robust automotive industry and government incentives, is also poised for growth. The combination of regulatory frameworks, consumer awareness, and advancements in technology across these countries is expected to create a vibrant market for electric trucks in Europe, making it a key region for future developments in the industry.
Report Coverage & Deliverables
Historical Statistics
Growth Forecasts
Latest Trends & Innovations
Market Segmentation
Regional Opportunities
Competitive Landscape
세분화 분석:
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In terms of segmentation, the global Automotive Manufacturing Electric Truck market is analyzed on the basis of Vehicle Type, Powertrain, Application, Battery Type, Rangeal.
Vehicle Type
The automotive manufacturing electric truck market can be segmented by vehicle type into Class 3 to Class 8 trucks as well as terminal tractors. Among these, Class 8 trucks, which are heavy-duty trucks primarily used for long-haul transportation, are expected to experience the largest market size due to the increasing demand for sustainable freight solutions. Additionally, Class 4 and Class 5 trucks are anticipated to grow rapidly as they are commonly used in regional distribution and last-mile delivery applications. Terminal tractors are also gaining traction due to their role in moving cargo within shipping yards and ports, making them a vital component of logistics.
Powertrain
In terms of powertrain options, the market is divided into battery electric, plug-in hybrid electric, and fuel cell electric vehicles. Battery electric trucks are projected to dominate the market as advancements in battery technology lead to improved ranges and charging capabilities. Plug-in hybrid electric trucks are expected to grow significantly as they offer flexibility and enhanced performance for various applications. Fuel cell electric trucks, though currently a smaller segment, are anticipated to gain momentum, particularly in long-haul scenarios where refueling times are crucial, and weight constraints are considered.
Application
The application segment encompasses long-haul trucking, regional distribution, last-mile delivery, construction, and mining. Long-haul trucking is expected to exhibit the largest market size as companies prioritize reducing carbon emissions across extensive supply chains. Regional distribution and last-mile delivery are also forecasted to show rapid growth, driven by the surge in e-commerce and the need for sustainable urban transportation solutions. Construction and mining applications are gradually adopting electric trucks for their heavy-duty performance needs, which is projected to result in notable growth in the sector.
Battery Type
Battery type is another critical segment comprising lithium-ion batteries, lead-acid batteries, and solid-state batteries. Lithium-ion batteries currently dominate the market due to their high energy density and decreasing costs, making them the preferred choice for manufacturers. However, solid-state batteries are emerging with potential advantages in safety and energy efficiency, thus contributing to fast growth in the long term. Lead-acid batteries, while still in use, are predicted to gradually decline in market share, especially in applications requiring higher performance and efficiency.
Range
The range of electric trucks is crucial for their adoption in various applications. Electric trucks offering extended ranges are anticipated to see the largest market size, particularly in long-haul trucking and regional distribution. Advances in battery technology and infrastructure development will lead to increased availability of trucks with longer ranges, enabling operators to meet logistical demands without the constraints associated with shorter range electric trucks. Hence, trucks with moderate to extended range capabilities are expected to drive the market growth rapidly as they become more viable for diverse applications.
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경쟁 구도:
The competitive landscape in the Automotive Manufacturing Electric Truck Market is evolving rapidly as traditional automakers and new entrants vie for market share in the face of increasing demand for sustainable transportation solutions. Established companies are leveraging their manufacturing capabilities and brand recognition, while startups are focusing on innovation and advanced technologies. The market is characterized by significant investments in research and development to enhance the performance and efficiency of electric trucks, as well as strategic partnerships to expand distribution networks and charging infrastructure. Strong regulatory support for electric vehicles and growing environmental concerns drive competition, prompting companies to adopt aggressive marketing strategies and competitive pricing to capture consumers' attention.
Top Market Players
1. Tesla Inc.
2. Daimler AG
3. Ford Motor Company
4. Rivian Automotive Inc.
5. Nikola Corporation
6. BYD Auto Co. Ltd.
7. Volvo Group
8. Workhorse Group Inc.
9. Hyundai Motor Company
10. Lion Electric Company
이름 * 1. 방법론
- 시장 정의
- 연구 Assumptions
- 시장 범위
- 회사연혁
- 지역 커버
- 기본 견적
- Forecast 계산
- 데이터 소스
이름 * 2. 경영진
제3장 Automotive Manufacturing Electric Truck Market 관련 기사
- 시장 개요
- 시장 드라이버 & 기회
- 시장 재량 및 도전
- 규제 조경
- Ecosystem 분석
- 기술 & 혁신 파일 형식
- 주요 산업 개발
- 주요 특징
- Merger / 인수
- 투자정보
- 제품 출시
- 공급망 분석
- Porter의 다섯 힘 분석
- 새로운 Entrants의 위협
- 의 목
- 기업 Rivalry
- 공급 업체의 Bargaining 힘
- 구매자의 Bargaining 힘
- COVID-19 영향
- PESTLE 분석
- 연락처
- 경제 풍경
- 사회 풍경
- 기술 조경
- 법적 풍경
- 환경 풍경
- 공급 업체
제4장 Automotive Manufacturing Electric Truck Market 통계, Segments
*보고서 범위/requirements에 따라 정렬 목록
장 5. Automotive Manufacturing Electric Truck Market Region의 통계
- 주요 동향
- 시장 예상 및 예측
- 지역 범위
- 북아메리카
- ·
- 담당자: Mr. Li
- 대한민국
- 한국어
- 담당자: Mr. Li
- 담당자: Ms.
- 유럽의 나머지
- 아시아 태평양
- 주요 특징
- ·
- 대한민국
- 대한민국
- 주요 특징
- 주요 특징
- APAC의 나머지
- 라틴 아메리카
- 중동 및 아프리카
*List 배기
이름 * 6. 회사 자료
- 사업영역
- 재무정보
- 제품 제안
- 전략 매핑
- 주요 특징
- Merger / 인수
- 투자정보
- 제품 출시
- 최근 개발
- 지역 지배
- SWOT 분석
*보고 범위 / 요구 사항에 따라 회사 목록