市场调查报告书
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1422764
全球电动卡车市场:依车身类型、推进力、范围、地区、机会、预测,2017-2031 年Electric Truck Market Assessment, By Body Type, By Propulsion, By Range, By Region, Opportunities and Forecast, 2017-2031F |
全球电动卡车市场规模预计将从 2023 年的 101.5 亿美元成长到 2031 年的 445.8 亿美元,2024-2031 年预测期间复合年增长率为 20.32%。近年来,市场经历了显着成长,预计未来将保持强劲的扩张速度。
随着商用车采用电动车技术,未来的交通很可能是电动的。电动卡车不久前只是一个概念,但现在它们已成为现实,减少碳排放并使运输更有效率。强大的电池、电池管理系统和高效的马达使电动卡车成为强大的装载机。政府致力于绿色交通计划,扩大物流业务也增加了公共和私营部门对电动卡车的采用。电动吸纳卡车包括自卸车、堆高机、轻型货车、重型卡车等。不断成长的电子商务产业也正在采用永续的运输方式,例如电动卡车和货车等混合动力车、电动车和电动电池车。此外,当局补贴电动商用车等电动车采用措施预计将推动市场成长。随着电动车电池的进步,平均电池容量变化也有所改善。国际能源总署 (IEA) 在其《2023 年全球电动车展望》中分享了 2019 年至 2022 年平均电池容量(kWh)和变化的数据。重卡得分从2019年的293kWh变为2022年的311kWh。
涉及私人或公共物流需求的商业营运正在采用永续的货运方法。由于电动卡车的营运效率、柴油价格上涨和维护要求减少,对电动卡车的需求正在增加。这家物流巨头正在采取可持续的营运方式,并使用重型和中型卡车。电动卡车需要较少的维护,因为它们没有引擎系统。具有马达感测器的先进电力推进装置可监控电池系统以及电池管理系统。诸如此类的先进技术使电动卡车比柴油卡车更具优势。随着世界各国政府寻求限制碳排放,他们正在升级柴油引擎或用电动车取代它们。预计这将在预测期内推动电动卡车的销售。
本报告研究了全球电动卡车市场,并提供了市场概述,包括车身类型、推进力、范围、区域趋势和市场参与者概况的趋势。
The global electric truck market is projected to witness a CAGR of 20.32% during the forecast period 2024-2031, growing from USD 10.15 billion in 2023 to USD 44.58 billion in 2031. The market has experienced significant growth in recent years and is expected to maintain a strong pace of expansion in the coming years.
The future of transportation seems electric as commercial vehicles are adopting EV technology. While the electric truck was merely a concept some time back, now it is a reality, reducing carbon emissions and making transportation efficient. The strong batteries, battery management systems, and efficient motors have made electric trucks powerful loaders. The expanding logistics businesses with governments working for green transportation programs are also increasing the adoption of electric trucks in the public and private sectors. The absorption of electric trucks involves dump trucks, forklift trucks, light-duty cargo trucks, heavy-duty trucks, etc. The expanding e-commerce sector is also adopting sustainable transportation measures such as hybrid, electric, and electric cell-based vehicles such as electric trucks and vans. Furthermore, the EV adoption initiatives with authorities subsidizing electric commercial vehicles are expected to drive market growth. As EV batteries keep getting advanced, the shift in average battery capacity has also improved. International Energy Agency (IEA), in its Global EV Outlook 2023, has shared data regarding average battery capacity (kWh) and the shift between 2019 and 2022. The heavy-duty truck's score changed from 293 kWh in 2019 to 311 kWh in 2022.
Lower Operational Costs and Reduced Maintenance Requirements Fuel Market Growth
Commercial operations involving private or public logistics requirements are adopting the sustainable method of transporting cargo. The higher demand for electric trucks is due to their operational efficiency, increasing diesel prices, and lower maintenance requirements. The logistic giants are adopting a sustainable approach to their operations and adopting heavy-duty and medium-duty trucks. The electric truck requires low maintenance costs as it doesn't have an engine system. The advanced electric propulsion with motor sensors monitors the battery systems along with the battery management system. Advanced technologies like these provide electric trucks with an edge over diesel trucks. Governments around the world are trying to limit their carbon emissions and hence refining diesel engines or replacing them with electric vehicles. This is expected to fuel the sales of electric trucks during the forecast period.
Another example of a low-maintenance electric truck is Rizon. Working on lithium iron phosphate battery technology, Daimler Truck Holding AG launched Rizon with its class 4 and class 5 medium-duty trucks in April 2023. The truck has lower maintenance costs that are expected to fuel its sales in the United States market.
Proliferation in Heavy-Duty Charging Stations and Effective Service to Propel Market Growth
Electric battery and automotive brands are electrifying the truck routes in the potential regions. This is adding ease to the e-truck riders in hassle-free operations. The growing electric truck fleet depends upon the charging structure and service on cargo routes. As EV brands grow with higher sales of heavy and medium-duty electric vehicles like buses and trucks, companies tend to extend their service area and install a greater number of charging stations across countries. In December 2023, Uber Freight and Greenlane teamed up to electrify America's trucking routes with the deployment of heavy-duty charging stations across the country. The partnership is expected to add Uber Frieght's logistical insights to Greenlane's experience in commercial electric charging infrastructure.
Governments around the world are also investing in heavy-duty charging infrastructure to minimize tailpipe emissions. For instance, in July 2023, the Dutch government funded a consortium to install Charging Energy Hubs in the nation. The consortium involves twenty-nine partners including local companies such as Shell and DAF.
Government Subsidies and Higher Investments to Limit Emissions Norms Driving Market Growth
Governments around the world are limiting carbon emissions through different measures and hence promoting electric and hybrid vehicles among the public and private sectors. Furthermore, the government has subsidized passenger and commercial electric vehicles since its advent. However, there have been some subsidy cuts in recent years, but it hasn't slowed EV sales across countries. Alongside, the government is also building the heavy-duty charging infrastructure and investing in its deployment. Apart from the passenger EV charging spots, the authorities are heavily investing in commercial charging setups. The authorities help the company build core infrastructure, solar canopies, and battery energy storage systems.
In July 2023, the US state of Michigan announced that it will set up a mobility charging hub in the Redford facility of Daimler Trucks. The setup will be on 130 acres of land. The location witnesses 10,000 medium- and heavy-duty trucks per day, and hence, the setup is likely to cater to these drivers.
Increased E-Commerce Operations and Higher ROI to Increase the Sales of Heavy-Duty Trucks
Based on body type, heavy-duty commercial trucks perform significantly better. The growth is attributed to the rising e-commerce adoption of electric and hybrid vehicles. The heavy-duty carriers comprise a capacity of 16 tons to 49 tons, providing a better return on investment (ROI). The extended heavy-duty charging spots also fuel the demand for heavy-duty electric trucks. Several heavy-duty vehicle distributors are helping the electric truck brands to penetrate different potential markets. The expanding logistic businesses with sustainable operational ranges are also adopting heavy-duty trucks with no tailpipe emission.
For example, in June 2023, the Al-Futtaim Auto & Machinery Company (FAMCO) launched the first-ever heavy-duty electric truck range in the Middle East and UAE. The range has been developed to build a sustainable future of transport and mobility in the UAE.
Besides enhancing the distribution, new battery technology is being developed to increase the distance range. In April 2023, Automotive brands Scania and Northvolt launched a jointly developed battery cell serving heavy-duty electric vehicles. The battery delivers a lifetime range of 1.5 million kilometers.
Asia-Pacific Dominates Electric Truck Market
Asia-Pacific is expected to hold a significant market share during the forecast period while North America follows up regarding the market hold. Emerging economies of the Asia-Pacific region like China and India are building the infrastructure to deploy commercial electric vehicles. These countries provide several subsidies on different body types and ranges of commercial electric vehicles. In November 2023, India unraveled a plan worth USD 960 million for boosting electric vehicle battery production. The target is establishing advanced battery plants with an outcome of 20-gigawatt hours. The increased sales of commercial electric vehicles are attributed to the high fuel prices, local EV startups, and strong government support to both manufacturers and end users. Advanced battery technology like battery swapping systems or battery management systems is propelling and helping the market expand its regional boundaries.
China led the race to electric trucks as it sold 36,000 electric trucks in 2022. The factor attributing to the higher sales of these electric trucks is battery swapping technology. In 2022, more than 49.5 % of the total electric truck sales in China came from swap-capable vehicles. Swap-capable electric vehicles are majorly used for short-distance operations at ports, mines, and urban logistics.
Future Market Scenario (2024 - 2031F)
Autonomous or self-driving commercial trucks with electric propulsion are anticipated to perform well in the global market.
Advanced battery technologies like battery swapping, heavy-duty fast charging, and battery management systems are likely to impact the market positively.
E-commerce and logistic businesses advancing their transportation measures are expected to add new electric truck fleets to their operations.
The proliferation of commercial charging stations for truck routes across states and countries will boost the electric truck market globally.
Key Players Landscape and Outlook
Key participants in the electric truck market focus on supply chains, advanced technology, and higher loading capacity. Apart from the properties, the companies compete to undertake government projects and funds for building EV charging infrastructures. Key players collaborate, partner, and acquire companies working for enhanced technology to upscale their vehicles. Mergers between brands to extend charging and service range also add value to the global market.
In December 2023, Triton EV selected Ward Wizard Innovation and Mobility as its manufacturing partner for battery-operated trucks in India and the UAE. The partnership will focus on the sales of commercial EVs in these regions.
In January 2023, Adani Enterprises Limited signed an agreement with Canada's Ballard Power and Ashok Leyland to develop a hydrogen fuel cell electric truck (FCET). The truck is being developed for mining logistics and transportation.
All segments will be provided for all regions and countries covered
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.