Electric Truck Market 2018 Global Forecast To 2023 Research Report

Posted by Abhijeet Bendre on October 12th, 2018

Electric Truck Market To Project Steady Expansion Till The End Of 2023. Market Research Future published a half-cooked research report on “Global Electric Truck Market” – Market Analysis, Scope, Stake, Progress, Trends and Forecast up to 2027. Global Electric Truck Market Research Report: Information by Truck Type (Medium Duty and Heavy Duty), Material (Battery, Plug-In Hybrid, Hybrid, and Hydrogen Fuel Cell), Application (Logistic, Municipal, Others) and Region - Forecast till 2023.

Global electric truck market is segmented on the basis of truck type, charge type, application, and region. On the basis of truck type, the market has been segmented into medium duty and heavy duty. On the basis of charge type, the market has been segmented into battery, plug-in hybrid, hybrid, and hydrogen fuel cell. On the basis of application, the market has been segmented into logistic, municipal, and others.

The electric truck is a commercial vehicle that is powered through electricity. Electric trucks are a highly preferred alternative to fuel-based commercial vehicles as they are cost-effective compared to fuel based commercial vehicles and less polluting. Electric trucks are commonly used in logistic services, municipal bodies, and others.

Geographically, the global electric truck market has been segmented into the four major regions of North America, Europe, Asia-Pacific, and the Rest of the World. It is expected that China, Europe, and North America will account for more than 70% of total sales of electric trucks. Moreover, the growing concern for environment pollution through internal combustion engine vehicles will play a crucial role in the development of the market size for global electric trucks market.

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