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Electric Heavy Vehicle Market Size, Trends, Analysis, and Outlook by Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV), Hydrogen Electric Vehicle (Fuel Cell)), Application (Refuse Services, Logistics, Industrial, Others), Battery Capacity (Up to 150 Kwh, 150 to 250 Kwh, Above 250 Kwh), by Country, Segment, and Companies, 2024-2030

April 2024 | 194 pages | ID: E250178D87FCEN
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The global New Energy Automobile market size is poised to register 17.07% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global New Energy Automobile market by Fuel (Internal Combustion Engine, Electrical Vehicles), Vehicle (Two-Wheelers, Four-Wheeler, Commercial Vehicle), Price Range (Low, Medium, Premium), Technology (Hybrid, Plug-in Hybrid, Battery Electric), End-User (Government, Residence, Business).
The New Energy Automobile Market is poised for transformative growth and innovation by 2030, driven by increasing awareness of environmental sustainability and the need to mitigate climate change is propelling the adoption of new energy vehicles (NEVs), including electric vehicles (EVs), hybrid electric vehicles (HEVs), and fuel cell vehicles (FCVs), as cleaner and more sustainable alternatives to traditional internal combustion engine vehicles. Secondly, advancements in battery technology, charging infrastructure, and government incentives are overcoming barriers to adoption, enabling longer driving ranges, faster charging times, and reduced costs, thereby enhancing the attractiveness and feasibility of NEVs for consumers and fleet operators. Further, regulatory mandates and emissions regulations aimed at reducing air pollution and carbon emissions are driving automakers to invest in NEV development and expand their electrified vehicle offerings to meet compliance requirements and market demand. In addition, technological convergence, including the integration of artificial intelligence, connectivity, and autonomous driving features, is reshaping the automotive industry and driving innovation in NEVs, with features such as advanced driver-assistance systems (ADAS), predictive maintenance, and remote diagnostics enhancing safety, convenience, and user experience. Furthermore, the shift toward shared mobility, urbanization, and smart city initiatives is creating opportunities for NEVs to play a central role in future transportation ecosystems, driving market growth and adoption globally. .

New Energy Automobile Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The New Energy Automobile market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of New Energy Automobile survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the New Energy Automobile industry.

Key market trends defining the global New Energy Automobile demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

New Energy Automobile Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The New Energy Automobile industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support New Energy Automobile companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the New Energy Automobile industry
Leading New Energy Automobile companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 New Energy Automobile companies.

New Energy Automobile Market Study- Strategic Analysis Review
The New Energy Automobile market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

New Energy Automobile Market Size Outlook- Historic and Forecast Revenue in Three Cases
The New Energy Automobile industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

New Energy Automobile Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America New Energy Automobile Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various New Energy Automobile market segments. Similarly, Strong end-user demand is encouraging Canadian New Energy Automobile companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico New Energy Automobile market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe New Energy Automobile Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European New Energy Automobile industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European New Energy Automobile market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific New Energy Automobile Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for New Energy Automobile in Asia Pacific. In particular, China, India, and South East Asian New Energy Automobile markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America New Energy Automobile Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa New Energy Automobile Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East New Energy Automobile market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for New Energy Automobile.

New Energy Automobile Market Company Profiles
The global New Energy Automobile market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are AB Volvo, BMW AG, Ford Motor Company, General Motors Company, Hyundai Motor Company, Nissan Motor Co. Ltd, Renault Group, Tesla Inc, Toyota Motor Corp, Volkswagen AG.

Recent New Energy Automobile Market Developments
The global New Energy Automobile market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

New Energy Automobile Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Fuel
Internal Combustion Engine
Electrical Vehicles
Vehicle
Two-Wheelers
Four-Wheeler
Commercial Vehicle
Price Range
Low
Medium
Premium
Technology
Hybrid
Plug-in Hybrid
Battery Electric
End-User
Government
Residence
Business

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
AB Volvo
BMW AG
Ford Motor Company
General Motors Company
Hyundai Motor Company
Nissan Motor Co. Ltd
Renault Group
Tesla Inc
Toyota Motor Corp
Volkswagen AG.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Electric Heavy Vehicle Market Overview and Key Findings, 2024
1.2 Electric Heavy Vehicle Market Size and Growth Outlook, 2021- 2030
1.3 Electric Heavy Vehicle Market Growth Opportunities to 2030
1.4 Key Electric Heavy Vehicle Market Trends and Challenges
  1.4.1 Electric Heavy Vehicle Market Drivers and Trends
  1.4.2 Electric Heavy Vehicle Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Electric Heavy Vehicle Companies

2. ELECTRIC HEAVY VEHICLE MARKET SIZE OUTLOOK TO 2030

2.1 Electric Heavy Vehicle Market Size Outlook, USD Million, 2021- 2030
2.2 Electric Heavy Vehicle Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. ELECTRIC HEAVY VEHICLE MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. ELECTRIC HEAVY VEHICLE MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
Hydrogen Electric Vehicle (Fuel Cell)
Application
Refuse Services
Logistics
Industrial
Others
Battery Capacity
Up to 150 Kwh

150 TO 250 KWH

Above 250 Kwh
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Electric Heavy Vehicle Market, 2025
5.2 Asia Pacific Electric Heavy Vehicle Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Electric Heavy Vehicle Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Electric Heavy Vehicle Market, 2025
5.5 Europe Electric Heavy Vehicle Market Size Outlook by Type, 2021- 2030
5.6 Europe Electric Heavy Vehicle Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Electric Heavy Vehicle Market, 2025
5.8 North America Electric Heavy Vehicle Market Size Outlook by Type, 2021- 2030
5.9 North America Electric Heavy Vehicle Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Electric Heavy Vehicle Market, 2025
5.11 South America Pacific Electric Heavy Vehicle Market Size Outlook by Type, 2021- 2030
5.12 South America Electric Heavy Vehicle Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Electric Heavy Vehicle Market, 2025
5.14 Middle East Africa Electric Heavy Vehicle Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Electric Heavy Vehicle Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Electric Heavy Vehicle Market Size Outlook and Revenue Growth Forecasts
6.2 US Electric Heavy Vehicle Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Electric Heavy Vehicle Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Electric Heavy Vehicle Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Electric Heavy Vehicle Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Electric Heavy Vehicle Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Electric Heavy Vehicle Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Electric Heavy Vehicle Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Electric Heavy Vehicle Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Electric Heavy Vehicle Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Electric Heavy Vehicle Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Electric Heavy Vehicle Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Electric Heavy Vehicle Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Electric Heavy Vehicle Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Electric Heavy Vehicle Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Electric Heavy Vehicle Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Electric Heavy Vehicle Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Electric Heavy Vehicle Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Electric Heavy Vehicle Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Electric Heavy Vehicle Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Electric Heavy Vehicle Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Electric Heavy Vehicle Industry Drivers and Opportunities

7. ELECTRIC HEAVY VEHICLE MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. ELECTRIC HEAVY VEHICLE COMPANY PROFILES

8.1 Profiles of Leading Electric Heavy Vehicle Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
AB Volvo
BYD Auto Co. Ltd
Daimler AG
Daimler AG
Groupe Renault
JBM Auto Ltd
Proterra Inc
Tata Motors Ltd
Tesla Inc
Traton SE

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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