Market Research Report

United States Electric Trucks Industry: Market Share, Size, Trends, Demand, Scope, Growth Analysis, Key Players, Product Specification, Market Data Forecast 2017-2025

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2019-06-18

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United States Electric Trucks Market Outlook 2017-2025

Market Overview

Technology advancements and declining battery costs have made electric vehicles cheaper as compare to previous price in previous years and more economical against inefficient gas and diesel trucks. The adoption of electric trucks in United States is “going to be driven simply by cost-per-mile.” Moreover, the government regulation in United States to achieve energy conservation targets, climate change and industrial development goals ha significantly supported the growth and development of electric trucks market. One of the major trends in the electric vehicles market is the rapid declining cost of batteries. In mid of rapid growth of electric vehicle sales, electric vehicle’s battery manufacturers are developing cost effective batteries that have put electric vehicles on track to pass conventional vehicles. Indeed, U.S. EV sales have grown an average of 32% annually from 2012-2016 and 40% over the year ending June 2017, the EVs sales are set grow in coming years also. Further, entry of new market players with innovative products such as Tesla has significantly the marked the emergence of electric trucks in United States.

Goldstein Research analyst forecast United States electric trucks market is likely to boom with the emergence of electric trucks in coming years. Further, the U.S electric trucks market is expected to expand at a CAGR of +40% over the forecast period as advancements in batteries and higher adoption rate will augment the growth of electric trucks sales in the region.

United States Electric Trucks Market Segmentation

By Technology Type

  • Battery Electric Trucks
  • Plug-in Hybrids
  • Hybrids
  • Fuel Cell Electric Trucks

Based on types of technology, Goldstein Research predicts strong potential uptake of battery electric trucks, particularly in the light- and medium-duty segments. Conflicting choice conditions to purchase passenger cars, commercial vehicles buying decisions place greater importance on economic calculations and reveal a greater sensitivity to regulation. Light- and medium-duty battery electric trucks segment adoption will possibly lag that of passenger-car electric vehicles through 2025 due to a lack of eTruck model availability and fleets that are risk hostile.

By Vehicle Type

  • Light-Duty Trucks (LDTs)
  • Medium-Duty Trucks (MDTs)
  • Heavy-Duty Trucks (HDTs)

By Applications

  • Urban
  • Regional (Inter Cities)
  • Long-Haul Cycles

Covered In This United States Electric Trucks Market Report    

The report covers the present ground scenario and the future growth prospects of the electric trucks for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in all major regions. United States electric trucks market is forecasted on the basis of revenue analysis, product benchmarking and strategic developments of key market players.

United States Electric Trucks Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the United States electric trucks market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “United States Electric Trucks Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide competitive advantage to the existing and new entry players.

Our US Electric Trucks Market Report comprises of the following companies as the key players: Orange EV, Tesla, Hino Trucks, Isuzu Motors Limited, Nissan, Goupil Industries, Dong Feng Motors, Iveco, Efficient Drivetrains Inc (EDI), BYD, Wrightspeed, Renault & Groupe Delanchy, Cummins Inc., Daimler AG and Nikola Motor Company.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key Questions Answered In This United States Electric Trucks Market Report

  • What is the total market size by 2025 and what would be the expected growth rate of market?
  • What is the total revenue per segment and region in 2016-17 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

Reasons to buy this market study

  • Facilitate decision-making based on strong historic and forecast data for US electric trucks market
  • Develop strategies based on the latest regulatory framework
  • Position yourself to gain the maximum advantage of the US electric trucks market’s growth potential
  • Identify key partners and business development avenues across the globe
  • Respond to your competitors’ business structure, strategy and prospects



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United States Electric Trucks Industry: Market Share, Size, Trends, Demand, Scope, Growth Analysis, Key Players, Product Specification, Market Data Forecast 2017-2025

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

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