Europe Electric Light Commercial Vehicles Market Size
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Study Period: | 2016 - 2028 |
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Largest Share by Sub Body Type: | Light Commercial Pick-up Trucks |
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Largest Share by Country: | Germany |
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CAGR: | 6.04 % |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Electric Light Commercial Vehicles Market Analysis
The Europe Electric Light Commercial Vehicles Market is projected to register a CAGR of 6.04%
- Largest Segment by Fuel Type - BEV : In Europe, pure battery light commercial vehicles has highest sales in all fuel types. Due to higher fuel efficiency and less maintenance cost, the demand for the BEV LCV is increasing significantly.
- Largest Segment by Sub-Body Type - Light Commercial Pick-up Trucks : An increase in online purchases and growth in the e-commerce industry has grown the last mile logistics, which has immensely grown the market for vans for delivery in Europe in recent years.
- Fastest-growing Segment by Fuel Type - FCEV : Government focus on green mobility to cut carbon emissions, and development in charging infrastructure is making BEV the fastest growing fuel type in commercial vehicles in Europe.
- Largest Segment by Country - Germany : France has witnessed the highest sales of electric LCV in Europe. Stringent norms by the government and adopting electric mobility are fueling demand for electric light commercial vehicles in France.
Europe Electric Light Commercial Vehicles Industry Segmentation
Light Commercial Vehicles are covered as segments by Body Type. BEV, FCEV, HEV, PHEV are covered as segments by Fuel Type. Austria, Belgium, Czech Republic, Denmark, Estonia, France, Germany, Ireland, Italy, Latvia, Lithuania, Norway, Poland, Russia, Spain, Sweden, UK, Rest-of-Europe are covered as segments by Country.| Body Type | ||||
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| Fuel Type | |
| BEV | |
| FCEV | |
| HEV | |
| PHEV |
| Country | |
| Austria | |
| Belgium | |
| Czech Republic | |
| Denmark | |
| Estonia | |
| France | |
| Germany | |
| Ireland | |
| Italy | |
| Latvia | |
| Lithuania | |
| Norway | |
| Poland | |
| Russia | |
| Spain | |
| Sweden | |
| UK | |
| Rest-of-Europe |
Europe Electric Light Commercial Vehicles Market Trends
This section covers the major market trends shaping the Europe Electric Light Commercial Vehicles Market according to our research experts:
Light Commercial Pick-up Trucks is the largest segment by Sub Body Type.
- The foundation of Europe's economy, growth, and competitiveness is efficient transport. The commercial vehicle industry is committed to assisting the European economy meet ambitious climate targets set forth in the Paris Agreement. Alternative fuels and powertrains are becoming more varied, but there are still very few charging and refueling locations appropriate for commercial vehicles. There are 6.3 million vehicles in use across the European Union that transport about 15 billion tons of freight annually or 76.7% of all freight transported over land.
- Europe was the focal point of COVID-19's effects, with around 50,000 units of output lost in March and April as a result of strict factory closures, workplace regulations across the area, supply chain issues, and orders to stay at home. By the end of 2020, the commercial vehicle manufacturing in Europe decreased by almost 20% from the previous year. Countries, like Poland in Central Europe and Italy in Western Europe, where the trucking industry prominently facilitates the flow of commodities throughout Europe, are expected to experience the largest fall in demand.
- The logistics, construction, and e-commerce activity growth raised the need for material transportation, driving up commercial vehicle sales across the world. This may fuel the market for business vehicles in the near future. The market is anticipated to develop as a result of the rise in construction and e-commerce activities, as well as the transition toward electric vehicles, which is anticipated to present chances for market expansions in the years to come.
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Germany is the largest segment by Country.
- There are worldwide sales of commercial vehicles total of 17.7 million each year. With more than 2.9 million new vans, trucks, and buses, Europe accounted for 16.4% of global registrations. Consumer purchasing habits have altered in favor of electric vehicles as a result of increasing environmental concerns, the government's plan to ban internal combustion engines by 2030, and a general understanding of the advantages of eco-friendly cars, such as fuel efficiency and zero emissions.
- The COVID-19 pandemic has had unparalleled repercussions on culture and the economy. The automobile industry has experienced significant effects, and it is still expected that the recovery process will be drawn out and challenging. In spite of this, the Italian government continues to predict that starting in 2025, the use of electric vehicles will significantly expand. Additionally, the European Commission approved public financing of EUR 3.2 billion in December 2019 from seven Member States for pan-European research and innovation projects. It promotes the development of highly creative and sustainable technologies for lithium-ion batteries, involving R&I activities up to the first industrial deployment along the entire battery value chain.
- The government has prioritized the development of batteries, cars, charging stations, digital mobility apps, ICT, smart mobility, and energy services in order to speed up the adoption of electric vehicles in the next years. The demand for electric commercial vehicles is anticipated to increase due to the growth of e-commerce and logistical activities.
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Europe Electric Light Commercial Vehicles Industry Overview
The Europe Electric Light Commercial Vehicles Market is moderately consolidated, with the top five companies occupying 61.54%. The major players in this market are Citroen, Nissan Motor Company Ltd, Opel, Renault Group and Volkswagen AG (sorted alphabetically).
Europe Electric Light Commercial Vehicles Market Leaders
Citroen
Nissan Motor Company Ltd
Opel
Renault Group
Volkswagen AG
*Disclaimer: Major Players sorted in no particular order
Europe Electric Light Commercial Vehicles Market News
- January 2022: Nissan has announced the new Townstar van, which will go on sale in June 2022. This model will take the place of the e-NV200. With both petrol and fully electric engine options, the all-new Townstar provides a comprehensive and competitive offering to the tiny van category. The brand-new Townstar, which is entirely electric is designed to hasten the switch to zero-emission motoring. The all-new Townstar, the newest addition to Nissan's fully electric compact LCV series is designed to be a trustworthy efficient and sustainable business partner that is optimised to meet the demands of clients who have ever-changing needs.
- January 2022: Alnatura has a partnership with Addax Motors. This is where Addax Motors comes in. The company provided a fleet of Addax cars to support Alnatura during the last mile delivery as the organic food retail chain Alnatura launches its e-commerce operation coupled with a home delivery option.
- January 2022: Allego Holding B.V, the leading pan-European electric vehicle charging network, and Volkswagen Group France announced their partnership with Groupe Bertrand to expand its HPC network in France by installing 15 Ultra-Fast Charging Hubs by the middle of 2023.
Europe Electric Light Commercial Vehicles Market Report - Table of Contents
1. EXECUTIVE SUMMARY & KEY FINDINGS
2. REPORT OFFERS
3. INTRODUCTION
3.1. Study Assumptions & Market Definition
3.2. Scope of the Study
3.3. Research Methodology
4. KEY INDUSTRY TRENDS
4.1. Population
4.2. GDP
4.3. CVP
4.4. Inflation Rate
4.5. Interest Rate For Auto Loans
4.6. Battery Price (per Kwh)
4.7. Logistics Performance Index
4.8. Electrification Impact
4.9. New XEV Models Announced
4.10. Charging Stations Deployment
4.11. Regulatory Framework
4.12. Value Chain & Distribution Channel Analysis
5. MARKET SEGMENTATION
5.1. Body Type
5.1.1. Light Commercial Vehicles
5.1.1.1. Light Commercial Pick-up Trucks
5.1.1.2. Light Commercial Vans
5.2. Fuel Type
5.2.1. BEV
5.2.2. FCEV
5.2.3. HEV
5.2.4. PHEV
5.3. Country
5.3.1. Austria
5.3.2. Belgium
5.3.3. Czech Republic
5.3.4. Denmark
5.3.5. Estonia
5.3.6. France
5.3.7. Germany
5.3.8. Ireland
5.3.9. Italy
5.3.10. Latvia
5.3.11. Lithuania
5.3.12. Norway
5.3.13. Poland
5.3.14. Russia
5.3.15. Spain
5.3.16. Sweden
5.3.17. UK
5.3.18. Rest-of-Europe
6. COMPETITIVE LANDSCAPE
6.1. Key Strategic Moves
6.2. Market Share Analysis
6.3. Company Landscape
6.4. Company Profiles
6.4.1. AB Volvo
6.4.2. ADDAX MOTORS NV.
6.4.3. ARRIVAL LTD.
6.4.4. Citroen
6.4.5. Fiat
6.4.6. Ford Motor Company
6.4.7. Maxus
6.4.8. Nissan Motor Company Ltd
6.4.9. Opel
6.4.10. Peugeot
6.4.11. Renault Group
6.4.12. Tesla Inc.
6.4.13. Volkswagen AG
7. KEY STRATEGIC QUESTIONS FOR VEHICLES CEOS
8. APPENDIX
8.1. Global Overview
8.1.1. Overview
8.1.2. Porter’s Five Forces Framework
8.1.3. Global Value Chain Analysis
8.1.4. Market Dynamics (DROs)
8.2. Sources & References
8.3. List of Tables & Figures
8.4. Primary Insights
8.5. Data Pack
8.6. Glossary of Terms
List of Tables & Figures
Figure 1:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, POPULATION YOY GROWTH RATE, MILLION UNITS, 2016 – 2026
Figure 2:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, GDP YOY GROWTH RATE, USD MILLION, 2016 – 2026
Figure 3:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, CVP YOY GROWTH RATE, 2016 – 2027
Figure 4:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, INFLATION RATE YOY GROWTH RATE, PERCENT, 2016 – 2026
Figure 5:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, INTEREST RATE FOR AUTO LOANS YOY GROWTH RATE, PERCENT, 2016 – 2026
Figure 6:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BATTERY PRICES YOY GROWTH RATE, 2016 – 2026
Figure 7:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, LPI YOY GROWTH RATE, 2016 – 2026
Figure 8:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, ELECTRIFICATION IMPACT, VOLUME, YOY GROWTH RATE, PERCENT, 2016 – 2026
Figure 9:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, NEW XEV MODELS ANNOUNCED, VOLUME, YOY GROWTH RATE, UNITS, 2016 – 2026
Figure 10:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, CHARGING STATIONS DEPLOYMENT, VOLUME, YOY GROWTH RATE, UNITS, 2016 – 2026
Figure 11:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, VOLUME IN UNITS, 2016 – 2026
Figure 12:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, VALUE IN USD, 2016 – 2026
Figure 13:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SUB BODY TYPE, BY VOLUME IN UNITS, 2016-2028
Figure 14:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SUB BODY TYPE, BY VALUE IN USD, 2016-2028
Figure 15:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2016 - 2028
Figure 16:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2016 - 2028
Figure 17:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LIGHT COMMERCIAL PICK-UP TRUCKS, BY VOLUME IN UNITS, 2016-2028
Figure 18:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LIGHT COMMERCIAL PICK-UP TRUCKS, BY VALUE IN USD, 2016-2028
Figure 19:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL TYPE, 2021 - 2028
Figure 20:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LIGHT COMMERCIAL VANS, BY VOLUME IN UNITS, 2016-2028
Figure 21:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LIGHT COMMERCIAL VANS, BY VALUE IN USD, 2016-2028
Figure 22:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL TYPE, 2021 - 2028
Figure 23:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL TYPE, BY VOLUME IN UNITS, 2016-2028
Figure 24:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FUEL TYPE, BY VALUE IN USD, 2016-2028
Figure 25:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL TYPE, 2016 - 2028
Figure 26:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY FUEL TYPE, 2016 - 2028
Figure 27:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BEV, BY VOLUME IN UNITS, 2016-2028
Figure 28:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BEV, BY VALUE IN USD, 2016-2028
Figure 29:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 30:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FCEV, BY VOLUME IN UNITS, 2016-2028
Figure 31:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FCEV, BY VALUE IN USD, 2016-2028
Figure 32:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 33:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY HEV, BY VOLUME IN UNITS, 2016-2028
Figure 34:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY HEV, BY VALUE IN USD, 2016-2028
Figure 35:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 36:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY PHEV, BY VOLUME IN UNITS, 2016-2028
Figure 37:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY PHEV, BY VALUE IN USD, 2016-2028
Figure 38:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 39:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VOLUME IN UNITS, 2016-2028
Figure 40:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY COUNTRY, BY VALUE IN USD, 2016-2028
Figure 41:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2016 - 2016
Figure 42:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY COUNTRY, 2016 - 2016
Figure 43:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VOLUME IN UNITS, 2016-2028
Figure 44:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY AUSTRIA, BY VALUE IN USD, 2016-2028
Figure 45:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 46:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VOLUME IN UNITS, 2016-2028
Figure 47:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY BELGIUM, BY VALUE IN USD, 2016-2028
Figure 48:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 49:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VOLUME IN UNITS, 2016-2028
Figure 50:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY CZECH REPUBLIC, BY VALUE IN USD, 2016-2028
Figure 51:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 52:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VOLUME IN UNITS, 2016-2028
Figure 53:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY DENMARK, BY VALUE IN USD, 2016-2028
Figure 54:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 55:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VOLUME IN UNITS, 2016-2028
Figure 56:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ESTONIA, BY VALUE IN USD, 2016-2028
Figure 57:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 58:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VOLUME IN UNITS, 2016-2028
Figure 59:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY FRANCE, BY VALUE IN USD, 2016-2028
Figure 60:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 61:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VOLUME IN UNITS, 2016-2028
Figure 62:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY GERMANY, BY VALUE IN USD, 2016-2028
Figure 63:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 64:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VOLUME IN UNITS, 2016-2028
Figure 65:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY IRELAND, BY VALUE IN USD, 2016-2028
Figure 66:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 67:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ITALY, BY VOLUME IN UNITS, 2016-2028
Figure 68:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY ITALY, BY VALUE IN USD, 2016-2028
Figure 69:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 70:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LATVIA, BY VOLUME IN UNITS, 2016-2028
Figure 71:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LATVIA, BY VALUE IN USD, 2016-2028
Figure 72:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 73:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LITHUANIA, BY VOLUME IN UNITS, 2016-2028
Figure 74:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY LITHUANIA, BY VALUE IN USD, 2016-2028
Figure 75:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 76:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VOLUME IN UNITS, 2016-2028
Figure 77:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY NORWAY, BY VALUE IN USD, 2016-2028
Figure 78:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 79:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY POLAND, BY VOLUME IN UNITS, 2016-2028
Figure 80:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY POLAND, BY VALUE IN USD, 2016-2028
Figure 81:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 82:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VOLUME IN UNITS, 2016-2028
Figure 83:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY RUSSIA, BY VALUE IN USD, 2016-2028
Figure 84:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 85:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VOLUME IN UNITS, 2016-2028
Figure 86:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SPAIN, BY VALUE IN USD, 2016-2028
Figure 87:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 88:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VOLUME IN UNITS, 2016-2028
Figure 89:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY SWEDEN, BY VALUE IN USD, 2016-2028
Figure 90:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 91:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY UK, BY VOLUME IN UNITS, 2016-2028
Figure 92:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY UK, BY VALUE IN USD, 2016-2028
Figure 93:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 94:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VOLUME IN UNITS, 2016-2028
Figure 95:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, BY REST-OF-EUROPE, BY VALUE IN USD, 2016-2028
Figure 96:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET MARKET, SHARE(%), BY SUB BODY TYPE, 2021 - 2028
Figure 97:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, MOST ACTIVE COMPANIES, BY NUMBER OF STRATEGIC MOVES, 2018 - 2021
Figure 98:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET, MOST ADOPTED STRATEGIES, 2018 - 2021
Figure 99:
EUROPE ELECTRIC LIGHT COMMERCIAL VEHICLES MARKET SHARE(%), BY MAJOR PLAYERS, 2021
Market Definition
- Body Type - Commercial vehicles that weigh less than 6,000 lb (Class 1) and in the range of 6,001–10,000 lb (Class 2) are covered under this category.
- Engine Type - Hybrid and electric vehicles are vehicles that run on batteries and use one or more electric motors for propulsion.
- Fuel Type - Hybrid and electric vehicles include HEV, PHEV, BEV, and FCEV.
- Sub Body Type - Under this category, light commercial pickup trucks, and light commercial vans have been included.
- Vehicle Type - Commercial vehicles are motorized road vehicles designed for transporting people or goods. The category includes light commercial vehicles (LCVs).
Research Methodology
Mordor Intelligence follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step-1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set and the model is built on the basis of these variables.
- Step-2: Build a Market Model: Market-size estimations for the historical and forecast years have been provided in revenue and volume terms. For sales conversion to volume, the average selling price (ASP) is kept constant throughout the forecast period for each country, and inflation is not a part of the pricing.
- Step-3: Validate and Finalize: In this important step, all market numbers, variables and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms
