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Global Electric Trucks Market Research Report 2025
Synopsis
This report studies the Electric Trucks market. Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric Trucks can largely cutting down the pollution in the city transmission.
The global Electric Trucks market was valued at US$ 637.6 million in 2023 and is anticipated to reach US$ 2938.1 million by 2030, witnessing a CAGR of 24.1% during the forecast period 2024-2030.
Global Electric Trucks key players include Dongfeng, BAIC, etc. Global top two manufacturers hold a share over 65%.
China is the largest market, with a share about 80%, followed by North America and Europe, both have a share about 10 percent.
In terms of product, Light & Medium-duty Truck is the largest segment, with a share over 90%. And in terms of application, the largest application is Logistics, followed by Municipal, etc.
This report aims to provide a comprehensive presentation of the global market for Electric Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Trucks.
Report Scope
The Electric Trucks market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Trucks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dongfeng
BAIC
Guohong Auto
Chongqing Ruichi
BYD
Alke XT
Zenith Motors
Voltia
Shineray Group
Sky-well New Energy Automobile
Changan Automobile
Mitsubishi Fuso
Scania
MAN
Segment by Type
Light & Medium-duty Truck
Heavy-duty Truck
Segment by Application
Logistics
Municipal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Trucks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Trucks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
This report studies the Electric Trucks market. Motor truck is the most of polluters on the road. Nearly 50% of all emissions from the transportation sector are attributable to light-, medium-, and heavy-duty trucks. With the development of electric drive, more and more companies entered into this market and some are planning on the introduction of electric trucks. Electric Trucks can largely cutting down the pollution in the city transmission.
The global Electric Trucks market was valued at US$ 637.6 million in 2023 and is anticipated to reach US$ 2938.1 million by 2030, witnessing a CAGR of 24.1% during the forecast period 2024-2030.
Global Electric Trucks key players include Dongfeng, BAIC, etc. Global top two manufacturers hold a share over 65%.
China is the largest market, with a share about 80%, followed by North America and Europe, both have a share about 10 percent.
In terms of product, Light & Medium-duty Truck is the largest segment, with a share over 90%. And in terms of application, the largest application is Logistics, followed by Municipal, etc.
This report aims to provide a comprehensive presentation of the global market for Electric Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Trucks.
Report Scope
The Electric Trucks market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Trucks market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Trucks manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Dongfeng
BAIC
Guohong Auto
Chongqing Ruichi
BYD
Alke XT
Zenith Motors
Voltia
Shineray Group
Sky-well New Energy Automobile
Changan Automobile
Mitsubishi Fuso
Scania
MAN
Segment by Type
Light & Medium-duty Truck
Heavy-duty Truck
Segment by Application
Logistics
Municipal
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Trucks manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Trucks by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Trucks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electric Trucks Market Overview
1.1 Product Definition
1.2 Electric Trucks Segment by Type
1.2.1 Global Electric Trucks Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Light & Medium-duty Truck
1.2.3 Heavy-duty Truck
1.3 Electric Trucks Segment by Application
1.3.1 Global Electric Trucks Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Logistics
1.3.3 Municipal
1.4 Global Market Growth Prospects
1.4.1 Global Electric Trucks Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Trucks Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Trucks Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Trucks Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Trucks Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Trucks Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Trucks, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Trucks Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Trucks Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Trucks, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Trucks, Product Offered and Application
2.8 Global Key Manufacturers of Electric Trucks, Date of Enter into This Industry
2.9 Electric Trucks Market Competitive Situation and Trends
2.9.1 Electric Trucks Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Trucks Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Trucks Production by Region
3.1 Global Electric Trucks Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Trucks Production Value by Region (2019-2030)
3.2.1 Global Electric Trucks Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Trucks by Region (2025-2030)
3.3 Global Electric Trucks Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Trucks Production by Region (2019-2030)
3.4.1 Global Electric Trucks Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Trucks by Region (2025-2030)
3.5 Global Electric Trucks Market Price Analysis by Region (2019-2024)
3.6 Global Electric Trucks Production and Value, Year-over-Year Growth
3.6.1 North America Electric Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Trucks Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Trucks Production Value Estimates and Forecasts (2019-2030)
4 Electric Trucks Consumption by Region
4.1 Global Electric Trucks Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Trucks Consumption by Region (2019-2030)
4.2.1 Global Electric Trucks Consumption by Region (2019-2024)
4.2.2 Global Electric Trucks Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Trucks Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Trucks Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Trucks Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Trucks Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Trucks Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Trucks Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Trucks Production by Type (2019-2030)
5.1.1 Global Electric Trucks Production by Type (2019-2024)
5.1.2 Global Electric Trucks Production by Type (2025-2030)
5.1.3 Global Electric Trucks Production Market Share by Type (2019-2030)
5.2 Global Electric Trucks Production Value by Type (2019-2030)
5.2.1 Global Electric Trucks Production Value by Type (2019-2024)
5.2.2 Global Electric Trucks Production Value by Type (2025-2030)
5.2.3 Global Electric Trucks Production Value Market Share by Type (2019-2030)
5.3 Global Electric Trucks Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Trucks Production by Application (2019-2030)
6.1.1 Global Electric Trucks Production by Application (2019-2024)
6.1.2 Global Electric Trucks Production by Application (2025-2030)
6.1.3 Global Electric Trucks Production Market Share by Application (2019-2030)
6.2 Global Electric Trucks Production Value by Application (2019-2030)
6.2.1 Global Electric Trucks Production Value by Application (2019-2024)
6.2.2 Global Electric Trucks Production Value by Application (2025-2030)
6.2.3 Global Electric Trucks Production Value Market Share by Application (2019-2030)
6.3 Global Electric Trucks Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Dongfeng
7.1.1 Dongfeng Electric Trucks Corporation Information
7.1.2 Dongfeng Electric Trucks Product Portfolio
7.1.3 Dongfeng Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Dongfeng Main Business and Markets Served
7.1.5 Dongfeng Recent Developments/Updates
7.2 BAIC
7.2.1 BAIC Electric Trucks Corporation Information
7.2.2 BAIC Electric Trucks Product Portfolio
7.2.3 BAIC Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BAIC Main Business and Markets Served
7.2.5 BAIC Recent Developments/Updates
7.3 Guohong Auto
7.3.1 Guohong Auto Electric Trucks Corporation Information
7.3.2 Guohong Auto Electric Trucks Product Portfolio
7.3.3 Guohong Auto Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Guohong Auto Main Business and Markets Served
7.3.5 Guohong Auto Recent Developments/Updates
7.4 Chongqing Ruichi
7.4.1 Chongqing Ruichi Electric Trucks Corporation Information
7.4.2 Chongqing Ruichi Electric Trucks Product Portfolio
7.4.3 Chongqing Ruichi Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Chongqing Ruichi Main Business and Markets Served
7.4.5 Chongqing Ruichi Recent Developments/Updates
7.5 BYD
7.5.1 BYD Electric Trucks Corporation Information
7.5.2 BYD Electric Trucks Product Portfolio
7.5.3 BYD Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.5.4 BYD Main Business and Markets Served
7.5.5 BYD Recent Developments/Updates
7.6 Alke XT
7.6.1 Alke XT Electric Trucks Corporation Information
7.6.2 Alke XT Electric Trucks Product Portfolio
7.6.3 Alke XT Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Alke XT Main Business and Markets Served
7.6.5 Alke XT Recent Developments/Updates
7.7 Zenith Motors
7.7.1 Zenith Motors Electric Trucks Corporation Information
7.7.2 Zenith Motors Electric Trucks Product Portfolio
7.7.3 Zenith Motors Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Zenith Motors Main Business and Markets Served
7.7.5 Zenith Motors Recent Developments/Updates
7.8 Voltia
7.8.1 Voltia Electric Trucks Corporation Information
7.8.2 Voltia Electric Trucks Product Portfolio
7.8.3 Voltia Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Voltia Main Business and Markets Served
7.7.5 Voltia Recent Developments/Updates
7.9 Shineray Group
7.9.1 Shineray Group Electric Trucks Corporation Information
7.9.2 Shineray Group Electric Trucks Product Portfolio
7.9.3 Shineray Group Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shineray Group Main Business and Markets Served
7.9.5 Shineray Group Recent Developments/Updates
7.10 Sky-well New Energy Automobile
7.10.1 Sky-well New Energy Automobile Electric Trucks Corporation Information
7.10.2 Sky-well New Energy Automobile Electric Trucks Product Portfolio
7.10.3 Sky-well New Energy Automobile Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Sky-well New Energy Automobile Main Business and Markets Served
7.10.5 Sky-well New Energy Automobile Recent Developments/Updates
7.11 Changan Automobile
7.11.1 Changan Automobile Electric Trucks Corporation Information
7.11.2 Changan Automobile Electric Trucks Product Portfolio
7.11.3 Changan Automobile Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Changan Automobile Main Business and Markets Served
7.11.5 Changan Automobile Recent Developments/Updates
7.12 Mitsubishi Fuso
7.12.1 Mitsubishi Fuso Electric Trucks Corporation Information
7.12.2 Mitsubishi Fuso Electric Trucks Product Portfolio
7.12.3 Mitsubishi Fuso Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Mitsubishi Fuso Main Business and Markets Served
7.12.5 Mitsubishi Fuso Recent Developments/Updates
7.13 Scania
7.13.1 Scania Electric Trucks Corporation Information
7.13.2 Scania Electric Trucks Product Portfolio
7.13.3 Scania Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Scania Main Business and Markets Served
7.13.5 Scania Recent Developments/Updates
7.14 MAN
7.14.1 MAN Electric Trucks Corporation Information
7.14.2 MAN Electric Trucks Product Portfolio
7.14.3 MAN Electric Trucks Production, Value, Price and Gross Margin (2019-2024)
7.14.4 MAN Main Business and Markets Served
7.14.5 MAN Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Trucks Industry Chain Analysis
8.2 Electric Trucks Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Trucks Production Mode & Process
8.4 Electric Trucks Sales and Marketing
8.4.1 Electric Trucks Sales Channels
8.4.2 Electric Trucks Distributors
8.5 Electric Trucks Customers
9 Electric Trucks Market Dynamics
9.1 Electric Trucks Industry Trends
9.2 Electric Trucks Market Drivers
9.3 Electric Trucks Market Challenges
9.4 Electric Trucks Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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