Market Size of united states electric pick-up trucks Industry
| Icons | Lable | Value |
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Study Period | 2016 - 2029 |
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Market Size (2024) | USD 14.09 Billion |
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Market Size (2029) | USD 56.90 Billion |
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Largest Share by Fuel Type | BEV |
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CAGR (2024 - 2029) | 32.20 % |
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Fastest Growing by Fuel Type | FCEV |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
US Electric Pick-up Trucks Market Analysis
The United States Electric Pick-up Trucks Market size is estimated at USD 14.09 billion in 2024, and is expected to reach USD 56.90 billion by 2029, growing at a CAGR of 32.20% during the forecast period (2024-2029).
- Largest Segment by Fuel Type - BEV : The battery electric pickup truck holds the highest share in the US and is likely to increase, as the logistics and e-commerce industries are growing rapidly. Retail e-commerce sales in the United States were estimated at USD 768 billion in 2021, with YoY growth of 19.25%.
- Fastest-growing Segment by Fuel Type - FCEV : The rising popularity of BEV, new EV model launches, and developing charging infrastructure are the key factors propelling the growth of the market.
