Market Overview:
The global electric logistics vehicle market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric vehicles across different applications and regions. Electric logistics vehicles are being increasingly adopted for express postal service, online retail, and other applications owing to their low operating costs and environmental benefits. The medium/heavy truck electric logistics vehicle segment is expected to account for the largest share of the global electric logistics vehicle market in 2018. This segment is projected to grow at a CAGR of XX% during the forecast period from 2018-2030.
Product Definition:
Electric Logistics Vehicle is a type of electric vehicle used for transporting goods. It is important for businesses as it helps them save money on fuel costs and reduce their carbon footprint.
Medium/Heavy Truck Electric Logistics Vehicle:
The global medium/heavy truck electric logistics vehicle market size was valued at USD 2.8 billion in 2016 and is expected to witness a CAGR of XX% over the forecast period. The increasing demand for last-mile delivery services coupled with growing e-commerce industry is anticipated to drive the growth of this market during the forecast period.
Increasing urbanization, globalization,.
Micro/Light Truck Electric Logistics Vehicle:
Micro/Light truck electric logistic vehicle (ELV) is a small sized commercial van that can be used for delivering goods using an electric drive train. The ELV market is expected to witness significant growth over the forecast period owing to increasing government regulations on emission control and fuel economy, rising environmental awareness among consumers, and high demand for last-mile delivery services.
Application Insights:
The others application segment includes the express delivery service, which is used for urgent and time-sensitive shipments. The segment accounted for a share of over 30% in 2017 owing to the growing e-commerce industry across the globe. Companies such as UPS are focusing on offering same day and next day delivery services to maintain their competitive edge in an increasingly saturated market.
Companies such as Amazon are also venturing into providing their own logistics services, which will provide them with a significant advantage over competitors and allow them to directly manage the supply chain process. This trend is expected to continue over the forecast period, driving demand for electric logistics vehicles that can efficiently deliver packages at reduced costs while improving operational efficiency and reducing environmental impact through reduced carbon emissions.
Medium/Heavy Trucks Electric Logistics Vehicle (EMV) dominated this application segment owing to its wide scope of applications including retail distribution, food & beverage distribution, healthcare supply chain etc.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Factors such as increasing demand for electric trucks on account of rising environmental concerns and government regulations are likely to drive regional growth over the next eight years. Europe accounted for a significant share of revenue in 2017 owing to growing online retailing, which has resulted in increased e-commerce activities across countries such as Germany, U.K.
Asia Pacific is anticipated to be one of the fastest-growing regions over the forecast period owing to developing economies including China and India among others that have a high potential for e-commerce delivery services due their large population base along with rapid urbanization resulting into increased consumer spending on various products including food & beverages, electronics goods etcetera The Middle East & Africa (MEA) region also holds immense potential considering its strategic geographical location with respect bothto Asia Pacific.
Growth Factors:
- Increasing demand for electric vehicles from the automotive sector
- Government initiatives and subsidies for electric vehicles
- Rising awareness about the benefits of electric vehicles over traditional fuel-based vehicles
- Development of advanced technologies and charging infrastructure for electric vehicles
- Growing demand from logistics and transportation sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Logistics Vehicle Market Research Report
By Type
Medium/Heavy Truck Electric Logistics Vehicle, Micro/Light Truck Electric Logistics Vehicle, MPV Electric Logistics Vehicle, Micro-surface Electric Logistics Vehicle
By Application
Express Postal Service, Online Retailers, Others
By Companies
Dongfeng Motor, Smith Electric Vehicles, StreetScooter, Chongqing Lifan, Baic Motor, BYD, Nissan, EMOSS, Peugeot, Renault, Dongfeng Motor
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Electric Logistics Vehicle Market Report Segments:
The global Electric Logistics Vehicle market is segmented on the basis of:
Types
Medium/Heavy Truck Electric Logistics Vehicle, Micro/Light Truck Electric Logistics Vehicle, MPV Electric Logistics Vehicle, Micro-surface Electric Logistics Vehicle
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Express Postal Service, Online Retailers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Dongfeng Motor
- Smith Electric Vehicles
- StreetScooter
- Chongqing Lifan
- Baic Motor
- BYD
- Nissan
- EMOSS
- Peugeot
- Renault
- Dongfeng Motor
Highlights of The Electric Logistics Vehicle Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Medium/Heavy Truck Electric Logistics Vehicle
- Micro/Light Truck Electric Logistics Vehicle
- MPV Electric Logistics Vehicle
- Micro-surface Electric Logistics Vehicle
- By Application:
- Express Postal Service
- Online Retailers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Logistics Vehicle Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric logistics vehicle (ELV) is a type of electric vehicle that is designed to transport goods and materials. ELVs typically have a larger battery pack than traditional passenger cars, allowing them to travel longer distances on a single charge. They are also often equipped with sensors and GPS systems that allow them to navigate their way around obstacles and avoid traffic congestion.
Some of the major companies in the electric logistics vehicle market are Dongfeng Motor, Smith Electric Vehicles, StreetScooter, Chongqing Lifan, Baic Motor, BYD, Nissan, EMOSS, Peugeot, Renault, Dongfeng Motor.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Logistics Vehicle Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Logistics Vehicle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Logistics Vehicle Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Logistics Vehicle Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Logistics Vehicle Market Size & Forecast, 2020-2028
4.5.1 Electric Logistics Vehicle Market Size and Y-o-Y Growth
4.5.2 Electric Logistics Vehicle Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Medium/Heavy Truck Electric Logistics Vehicle
5.2.2 Micro/Light Truck Electric Logistics Vehicle
5.2.3 MPV Electric Logistics Vehicle
5.2.4 Micro-surface Electric Logistics Vehicle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Express Postal Service
6.2.2 Online Retailers
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Logistics Vehicle Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Logistics Vehicle Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Medium/Heavy Truck Electric Logistics Vehicle
9.6.2 Micro/Light Truck Electric Logistics Vehicle
9.6.3 MPV Electric Logistics Vehicle
9.6.4 Micro-surface Electric Logistics Vehicle
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Express Postal Service
9.10.2 Online Retailers
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Medium/Heavy Truck Electric Logistics Vehicle
10.6.2 Micro/Light Truck Electric Logistics Vehicle
10.6.3 MPV Electric Logistics Vehicle
10.6.4 Micro-surface Electric Logistics Vehicle
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Express Postal Service
10.10.2 Online Retailers
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Medium/Heavy Truck Electric Logistics Vehicle
11.6.2 Micro/Light Truck Electric Logistics Vehicle
11.6.3 MPV Electric Logistics Vehicle
11.6.4 Micro-surface Electric Logistics Vehicle
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Express Postal Service
11.10.2 Online Retailers
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Medium/Heavy Truck Electric Logistics Vehicle
12.6.2 Micro/Light Truck Electric Logistics Vehicle
12.6.3 MPV Electric Logistics Vehicle
12.6.4 Micro-surface Electric Logistics Vehicle
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Express Postal Service
12.10.2 Online Retailers
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Medium/Heavy Truck Electric Logistics Vehicle
13.6.2 Micro/Light Truck Electric Logistics Vehicle
13.6.3 MPV Electric Logistics Vehicle
13.6.4 Micro-surface Electric Logistics Vehicle
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Express Postal Service
13.10.2 Online Retailers
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Logistics Vehicle Market: Competitive Dashboard
14.2 Global Electric Logistics Vehicle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dongfeng Motor
14.3.2 Smith Electric Vehicles
14.3.3 StreetScooter
14.3.4 Chongqing Lifan
14.3.5 Baic Motor
14.3.6 BYD
14.3.7 Nissan
14.3.8 EMOSS
14.3.9 Peugeot
14.3.10 Renault
14.3.11 Dongfeng Motor
