Electric Truck Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Norway, UK - Size and Forecast 2023-2027

Published: Nov 2022

Pages: 174

SKU: IRTNTR40875

Snapshot

Electric Truck Market Forecast 2023-2027

The Electric Truck Market size is estimated to grow by 562.44 thousand units between 2022 and 2027, accelerating at a CAGR of 28.82%. The demand for emission-free vehicles, including electric trucks, is surging due to growing concerns over fuel efficiency and low emissions. Strict regulations are further emphasizing the importance of this trend.

Last mile delivery services and organizations are increasingly turning to class 8 battery electric trucks and fuel cell electric trucks to meet their needs. Electric trucks are gaining popularity due to their eco-friendly nature and lower operating costs compared to traditional diesel trucks. The growth rate of the EV trucks market, such as cyber trucks and electric pickup trucks, is accelerating in the commercial vehicle sector. Sales of these vehicles, including electric cars, are expected to continue expanding as more companies adopt sustainable transportation solutions. Battery capacity is a key consideration for the success of these vehicles, with advancements in technology driving improvements in range and performance.

What will be the Size of the Market During the Forecast Period?

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Market Dynamics and Customer Landscape

The market is experiencing significant growth in the transportation industry, driven by the need for sustainable, emission-free vehicles and low-emission solutions. Manufacturers are investing heavily in innovation to improve the efficiency, range, and power capabilities of these vehicles. Charging infrastructure is a crucial component of the adoption of battery electric trucks, and technology advancements are making charging more convenient and faster. The logistics sector is also recognizing the benefits of electric trucks, as they offer reduced fuel costs and lower emissions. The growth of this market is expected to continue, as more companies seek to reduce their carbon footprint and improve their fleet sustainability. Overall, the battery electric truck market is a key area of investment and development in the renewable energy and transportation sectors.v

Key Market Driver

The renewable battery-powered transportation industry is experiencing significant growth due to the adoption of electric vehicles (EVs) in the logistics sector. Despite higher upfront costs, EVs offer sustainable solutions with reduced emissions, leading to long-term value creation for customers. The technology's efficiency and extended range contribute to substantial fuel savings and minimal maintenance costs, making it an attractive investment for fleet operators.

Prominent manufacturers are continuously innovating to improve battery durability and charging infrastructure, further driving the growth of the EV industry. The increasing focus on sustainable practices and the need for emissions reduction are key factors fueling the adoption of EVs in the transportation sector. Logistics firms worldwide are embracing this shift towards renewable energy sources to lower operating costs and contribute to a more sustainable future.

Major Market Trends

The majority of the leading truck manufacturers generate most of their revenues from the sales and production of IC engine-based trucks which is a major trend. The revenue generated through the sales accounts for a negligible share of their total revenue. However, the growing demand for sustainable mobility is expected to result in the replacement of IC engine-based vehicles with electric vehicles in the long run. Therefore, to sustain in such a business environment, several automobile manufacturers are working on expanding their product portfolios by developing electric truck models. For instance, major automobile manufacturers such as Volvo, Daimler, Ford Motor, Hino Motors, BYD, and Renault are developing their own that are expected to be launched during the forecast period. For example, In April 2022, Ford Motor Co. launched the all-new, electric F-150 Lightning pickup truck in North America. The F-150 Lightning is the only current full-size electric pickup with a starting price under USD 40,000 and the F-150 with the fastest acceleration.

Significant Market Challenge

Due to the harmful effects of fossil fuel emissions on people worldwide, the demand for low-emission vehicles has increased. Consumers are now opting for EVs due to fluctuating fuel prices, increased energy security, improved fuel economy, and reduced emissions. The shift from conventional vehicles to EVs has also been driven by growing geopolitical tensions in the Gulf region, a major crude oil exporter. The high greenhouse gas emissions from fuel-based vehicles are causing climate change and health problems, which have prompted governments and consumers to find viable options. EVs produce fewer emissions than ICE vehicles and are boosted by policies, guidelines, and technological advancements. The rising demand will further drive the growth of the market in focus.

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Market Segmentation by Propulsion, Vehicle Type, Geography

Propulsion Analysis

The market share growth by both hybrid and battery trucks will be significant during the forecast period. The electric motor in a hybrid electric-truck is powered by a battery that is either charged by an external power source or regenerative braking. The hybrid trucks segment is witnessing steady growth owing to its high-mile range and reduced operational and maintenance costs. Trucks are meant for long-distance traveling, which requires a long mile range. Increasing awareness about reducing vehicular emissions, coupled with regulatory norms on curbing emissions, is compelling truck manufacturers to develop hybrid electric-trucks.

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The hybrid electric segment was valued at 46.89 thousand units in 2017. Various manufacturers, including Daimler, Volvo and Volkswagen, among others, have started introducing and expanding their truck portfolio with hybrid trucks. Several other OEMs are expected to launch their hybrid truck models during the forecast period. For instance, US-based automobile manufacturers Ford Motor and General Motors Co. (General Motors) were expected to launch their hybrid pickup truck models by 2021. In addition to pickup trucks, manufacturers are developing hybrid powertrains for heavy-duty trucks.

Vehicle Type Analysis

Light trucks, also known as light-duty trucks in the US and light commercial vehicles in Europe, have a truck-based chassis and can carry up to 4,000 pounds (1,815 kg) of payload. They are used for transporting goods or people and performing off-street tasks. The light-duty truck industry is moving towards electric vehicles, with significant growth in the adoption of light-duty battery electric vehicles (BEVs). LDTs are the most commonly used vehicle type, especially pickup trucks. Many sectors are driving the market for LDTs, with electric LDTs helping fleet owners cut operational costs.

Electric LCV sales increased worldwide by over 70% in 2021. Urban delivery fleets that frequently follow set routes and can be charged at commercial depots make the economic case for electrifying LCVs stronger. Light trucks are used by almost all industries to transport finished goods and raw materials. Sales of electric light-duty trucks in Korea have seen a rapid increase due to a policy that encourages the use of EVs for commercial use. Fleet owners' decisions to purchase electric LCVs are influenced by total ownership and low operating expenses. The increasing demand for electric light trucks in e-commerce is expected to propel the growth of the global market during the forecast period.

Geographical Analysis

APAC is estimated to contribute 52% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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This is due to the growing demand for freight transportation from emerging markets, such as India, Thailand, and Indonesia, and the growing demand in the trucking industry in these countries. The increased demand for trucks to cater to the surging demand from industries like e-commerce is likely to be instrumental in the growth of the market in the region. Domestic truck manufacturers are witnessing growth in electric truck adoption in countries like China and Japan, while in developing countries like India, the market is expected to witness a boost because of prominent international brands.

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Who are the Major Market Players?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. One of the major players in the market include:

Bollingermotors - The company is primarily engaged in manufacturing or assembling complete passenger automobiles, trucks, commercial cars and buses, and special-purpose motor vehicles, which are for highway use. They offer trucks that use energy stored in batteries charged with electricity from the grid.

The market research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified. Furthermore, it is also quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The market is witnessing a surge in demand as businesses seek emission-free vehicles to align with sustainability goals. Particularly, the e-commerce and logistics sector is embracing electric truck as a means to reduce carbon footprint while enhancing operational efficiency. This shift not only promotes environmental stewardship but also creates a new revenue stream for manufacturers.

With a global geographical presence, electric truck manufacturers are securing lucrative supply contracts with major players in the industry. Collaborations between traditional automotive manufacturers and autonomous vehicle technology developers are driving new product developments and technological breakthroughs in the sector. Partnerships, agreements, and expansions are shaping the landscape, while advancements in electric charging price and fuel alternatives are making them more accessible. Infrastructure investments, including the expansion of public stations and the adoption of CNG as a viable fuel option, further bolster the market.

Innovations in self-driving truck technology are reducing manufacturing costs and battery prices, making them increasingly competitive. Moreover, the rise of e-commerce sector is fueling demand for electric trucks, especially for last-mile delivery from warehouses to consumers' doorsteps, significantly cutting fuel expenses.With increasing pre-orders and the anticipation surrounding vehicles like the Cybertruck and offerings from Performance Team in the Class 8 battery-electric truck segment, the electric truck market is poised for exponential growth. Cab-hailing companies are also eyeing electric truck as part of their fleets, further expanding the market. Comprehensive market analysis and reports indicate a promising future for electric trucks, heralding a new era in sustainable transportation.

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

Propulsion
- Hybrid electric-trucks
- Battery electric-trucks
Vehicle Type
- Light trucks
- Heavy-duty trucks
Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - U.K.
  - Germany
  - France
  - Rest of Europe
- APAC
  - China
  - India
- Middle East & Africa
  - Saudi Arabia
  - South Africa
  - Rest of the Middle East & Africa
- South America
  - Argentina
  - Brazil
  - Chile

Electric Truck Market Scope
Report Coverage	Details
Page number	174
Base year	2022
Historic period	2017-2021
Forecast period	2023-2027
Growth momentum & CAGR	Accelerate at a CAGR of 28.82%
Market growth 2023-2027	562.44 th units
Market structure	Fragmented
YoY growth 2022-2023(%)	26.54
Regional analysis	APAC, North America, Europe, South America, and Middle East and Africa
Performing market contribution	APAC at 52%
Key countries	US, China, Japan, Norway, and UK
Competitive landscape	Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks
Key companies profiled	AB Volvo, BOLLINGER MOTORS LLC, BYD Electronic Co. Ltd., Daimler AG, E Force One AG, General Motors Co, Hino Motors Ltd., Isuzu Motors Ltd., Lordstown Motors Corp., Navistar International Corp., PACCAR Inc., Proterra Inc., Rivian Automotive LLC, Scania AB, Sinotruk Hong Kong Ltd., Tesla Inc., VDL Groep BV, Renault SAS, Nissan Motor Co. Ltd., and Ford Motor Co.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our market growth analysis report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research and Growth Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
Precise estimation of the size of the market size and its contribution of the market in focus to the parent market
Accurate predictions about upcoming market growth and trends and changes in consumer behavior
Growth of the market industry across APAC, North America, Europe, South America, and Middle East and Africa
Thorough analysis of the market’s competitive landscape and detailed information about companies
Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
Vendor landscape comparing criticality of inputs and factors of differentiation
Exclusive Matrix on vendor position and classification
Comprehensive market trends and analysis of factors that will challenge the growth of market companies

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Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Propulsion
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
- Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global Electric Trucks Market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global Electric Trucks Market 2017 - 2021 (thousand units)

4.2 Geography Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Geography Segment 2017 - 2021 (thousand units)

4.3 Propulsion Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Propulsion Segment 2017 - 2021 (thousand units)

4.4 Type Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Type Segment 2017 - 2021 (thousand units)

4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand units)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Propulsion

6.1 Market segments
- Exhibit 30: Chart on Propulsion - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Propulsion - Market share 2022-2027 (%)

6.2 Comparison by Propulsion
- Exhibit 32: Chart on Comparison by Propulsion
- Exhibit 33: Data Table on Comparison by Propulsion

6.3 Hybrid electric trucks - Market size and forecast 2022-2027
- Exhibit 34: Chart on Hybrid electric trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 35: Data Table on Hybrid electric trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 36: Chart on Hybrid electric trucks - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Hybrid electric trucks - Year-over-year growth 2022-2027 (%)

6.4 Battery electric trucks - Market size and forecast 2022-2027
- Exhibit 38: Chart on Battery electric trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 39: Data Table on Battery electric trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 40: Chart on Battery electric trucks - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Battery electric trucks - Year-over-year growth 2022-2027 (%)

6.5 Market opportunity by Propulsion
- Exhibit 42: Market opportunity by Propulsion (thousand units)

7 Market Segmentation by Vehicle Type

7.1 Market segments
- Exhibit 43: Chart on Vehicle Type - Market share 2022-2027 (%)
- Exhibit 44: Data Table on Vehicle Type - Market share 2022-2027 (%)

7.2 Comparison by Vehicle Type
- Exhibit 45: Chart on Comparison by Vehicle Type
- Exhibit 46: Data Table on Comparison by Vehicle Type

7.3 Light trucks - Market size and forecast 2022-2027
- Exhibit 47: Chart on Light trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 48: Data Table on Light trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 49: Chart on Light trucks - Year-over-year growth 2022-2027 (%)
- Exhibit 50: Data Table on Light trucks - Year-over-year growth 2022-2027 (%)

7.4 Medium trucks - Market size and forecast 2022-2027
- Exhibit 51: Chart on Medium trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 52: Data Table on Medium trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 53: Chart on Medium trucks - Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Medium trucks - Year-over-year growth 2022-2027 (%)

7.5 Heavy-duty trucks - Market size and forecast 2022-2027
- Exhibit 55: Chart on Heavy-duty trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 56: Data Table on Heavy-duty trucks - Market size and forecast 2022-2027 (thousand units)
- Exhibit 57: Chart on Heavy-duty trucks - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Heavy-duty trucks - Year-over-year growth 2022-2027 (%)

7.6 Market opportunity by Vehicle Type
- Exhibit 59: Market opportunity by Vehicle Type (thousand units)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 61: Chart on Market share by geography 2022-2027 (%)
- Exhibit 62: Data Table on Market share by geography 2022-2027 (%)

9.2 Geographic comparison
- Exhibit 63: Chart on Geographic comparison
- Exhibit 64: Data Table on Geographic comparison

9.3 APAC - Market size and forecast 2022-2027
- Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
- Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
- Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)

9.4 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

9.5 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

9.6 South America - Market size and forecast 2022-2027
- Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
- Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

9.7 Middle East and Africa - Market size and forecast 2022-2027
- Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
- Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
- Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

9.8 China - Market size and forecast 2022-2027
- Exhibit 85: Chart on China - Market size and forecast 2022-2027 (thousand units)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 (thousand units)
- Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

9.9 US - Market size and forecast 2022-2027
- Exhibit 89: Chart on US - Market size and forecast 2022-2027 (thousand units)
- Exhibit 90: Data Table on US - Market size and forecast 2022-2027 (thousand units)
- Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

9.10 Norway - Market size and forecast 2022-2027
- Exhibit 93: Chart on Norway - Market size and forecast 2022-2027 (thousand units)
- Exhibit 94: Data Table on Norway - Market size and forecast 2022-2027 (thousand units)
- Exhibit 95: Chart on Norway - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Norway - Year-over-year growth 2022-2027 (%)

9.11 UK - Market size and forecast 2022-2027
- Exhibit 97: Chart on UK - Market size and forecast 2022-2027 (thousand units)
- Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
- Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)

9.12 Japan - Market size and forecast 2022-2027
- Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
- Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

9.13 Market opportunity by geography
- Exhibit 105: Market opportunity by geography (thousand units)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption

11.4 Industry risks
- Exhibit 109: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 110: Vendors covered

12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification

12.3 AB Volvo
- Exhibit 112: AB Volvo - Overview
- Exhibit 113: AB Volvo - Business segments
- Exhibit 114: AB Volvo - Key offerings
- Exhibit 115: AB Volvo - Segment focus

12.4 BOLLINGER MOTORS LLC
- Exhibit 116: BOLLINGER MOTORS LLC - Overview
- Exhibit 117: BOLLINGER MOTORS LLC - Product / Service
- Exhibit 118: BOLLINGER MOTORS LLC - Key offerings

12.5 BYD Electronic Co. Ltd.
- Exhibit 119: BYD Electronic Co. Ltd. - Overview
- Exhibit 120: BYD Electronic Co. Ltd. - Business segments
- Exhibit 121: BYD Electronic Co. Ltd. - Key news
- Exhibit 122: BYD Electronic Co. Ltd. - Key offerings
- Exhibit 123: BYD Electronic Co. Ltd. - Segment focus

12.6 Daimler AG
- Exhibit 124: Daimler AG - Overview
- Exhibit 125: Daimler AG - Business segments
- Exhibit 126: Daimler AG - Key news
- Exhibit 127: Daimler AG - Key offerings
- Exhibit 128: Daimler AG - Segment focus

12.7 General Motors Co
- Exhibit 129: General Motors Co - Overview
- Exhibit 130: General Motors Co - Business segments
- Exhibit 131: General Motors Co - Key news
- Exhibit 132: General Motors Co - Key offerings
- Exhibit 133: General Motors Co - Segment focus

12.8 Hino Motors Ltd.
- Exhibit 134: Hino Motors Ltd. - Overview
- Exhibit 135: Hino Motors Ltd. - Business segments
- Exhibit 136: Hino Motors Ltd. - Key offerings
- Exhibit 137: Hino Motors Ltd. - Segment focus

12.9 Isuzu Motors Ltd.
- Exhibit 138: Isuzu Motors Ltd. - Overview
- Exhibit 139: Isuzu Motors Ltd. - Product / Service
- Exhibit 140: Isuzu Motors Ltd. - Key offerings

12.10 Navistar International Corp.
- Exhibit 141: Navistar International Corp. - Overview
- Exhibit 142: Navistar International Corp. - Business segments
- Exhibit 143: Navistar International Corp. - Key offerings
- Exhibit 144: Navistar International Corp. - Segment focus

12.11 Nissan Motor Co. Ltd.
- Exhibit 145: Nissan Motor Co. Ltd. - Overview
- Exhibit 146: Nissan Motor Co. Ltd. - Business segments
- Exhibit 147: Nissan Motor Co. Ltd. - Key news
- Exhibit 148: Nissan Motor Co. Ltd. - Key offerings
- Exhibit 149: Nissan Motor Co. Ltd. - Segment focus

12.12 Proterra Inc.
- Exhibit 150: Proterra Inc. - Overview
- Exhibit 151: Proterra Inc. - Product / Service
- Exhibit 152: Proterra Inc. - Key news
- Exhibit 153: Proterra Inc. - Key offerings

12.13 Renault SAS
- Exhibit 154: Renault SAS - Overview
- Exhibit 155: Renault SAS - Product / Service
- Exhibit 156: Renault SAS - Key news
- Exhibit 157: Renault SAS - Key offerings

12.14 Rivian Automotive LLC
- Exhibit 158: Rivian Automotive LLC - Overview
- Exhibit 159: Rivian Automotive LLC - Product / Service
- Exhibit 160: Rivian Automotive LLC - Key offerings

12.15 Scania AB
- Exhibit 161: Scania AB - Overview
- Exhibit 162: Scania AB - Business segments
- Exhibit 163: Scania AB - Key offerings
- Exhibit 164: Scania AB - Segment focus

12.16 Sinotruk Hong Kong Ltd.
- Exhibit 165: Sinotruk Hong Kong Ltd. - Overview
- Exhibit 166: Sinotruk Hong Kong Ltd. - Business segments
- Exhibit 167: Sinotruk Hong Kong Ltd. - Key offerings
- Exhibit 168: Sinotruk Hong Kong Ltd. - Segment focus

12.17 Tesla Inc.
- Exhibit 169: Tesla Inc. - Overview
- Exhibit 170: Tesla Inc. - Business segments
- Exhibit 171: Tesla Inc. - Key news
- Exhibit 172: Tesla Inc. - Key offerings
- Exhibit 173: Tesla Inc. - Segment focus

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 174: Inclusions checklist
- Exhibit 175: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 176: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 177: Research methodology
- Exhibit 178: Validation techniques employed for market sizing
- Exhibit 179: Information sources

13.5 List of abbreviations
- Exhibit 180: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

What are the key global market and the regional market share?
What are the revenue-generating key market segments?
What are the key factors driving and challenging this market’s growth?
Who are the key market vendors and their growth strategies?
What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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