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Mild Hybrid Vehicles Market Size, Trends, Analysis, and Outlook by Capacity (12 V, 24 V, 48V, Above 48V), Vehicle (Passenger Car, Commercial Vehicle), Application (Commercial, Residential), Battery (Lithium Ion, Lead-Based, Others), by Country, Segment, and Companies, 2024-2030

April 2024 | 190 pages | ID: MB0D2782BD50EN
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The global Electric Trucks market size is poised to register 32.3% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Electric Trucks market by Type (Light & Medium-duty Truck, Heavy-duty Truck), Component (12v Battery, High Voltage Battery, DC/AC Inverter, DC/DC Converter, DC/DC Boost Converter, E-Motor, AC/DC Charger, Motor Controller), Vehicle (Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Plug-In Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEV)), Battery (Lead Acid Battery, Lithium-Ion Battery, Nickel-Based Battery), Application (Logistics, Municipal).
The Electric Trucks Market is poised for significant growth and innovation until 2030, driven by increasing concerns over air pollution, and carbon emissions, and the need for sustainable transportation solutions are expected to drive robust adoption of electric trucks across various industries. As governments worldwide implement stricter emissions regulations and companies strive to meet sustainability targets, electric trucks offer a viable solution for reducing environmental impact and operating costs. Secondly, advancements in battery technology, charging infrastructure, and electric drivetrain efficiency will contribute to the development of more efficient, reliable, and cost-effective electric truck models, further accelerating market expansion. Further, supportive government policies and incentives, including subsidies, grants, and emissions regulations, will create a conducive environment for market growth, fostering investment in electric truck manufacturing and infrastructure development. In addition, changing consumer preferences toward eco-friendly products and services, coupled with the rise of e-commerce and urbanization, will drive demand for electric trucks as efficient and sustainable options for last-mile delivery and freight transport. Furthermore, the integration of autonomous driving technology, telematics, and predictive maintenance solutions into electric trucks will enhance efficiency, safety, and operational flexibility, driving adoption among fleet operators seeking to optimize logistics and reduce operating costs. .

Electric Trucks 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 Electric Trucks market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Electric Trucks 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 Electric Trucks industry.

Key market trends defining the global Electric Trucks 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.

Electric Trucks Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Electric Trucks 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 Electric Trucks companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Electric Trucks industry
Leading Electric Trucks 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 Electric Trucks companies.

Electric Trucks Market Study- Strategic Analysis Review
The Electric Trucks 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.

Electric Trucks Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Electric Trucks 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.

Electric Trucks 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 Electric Trucks 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 Electric Trucks market segments. Similarly, Strong end-user demand is encouraging Canadian Electric Trucks companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Electric Trucks market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Electric Trucks Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Electric Trucks 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 Electric Trucks 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 Electric Trucks 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 Electric Trucks in Asia Pacific. In particular, China, India, and South East Asian Electric Trucks 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 Electric Trucks 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 Electric Trucks 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 Electric Trucks market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Electric Trucks.

Electric Trucks Market Company Profiles
The global Electric Trucks 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 BYD Motors Inc, Daimler AG, Dongfeng Motor Corp, Groupe Renault, Hino Motors Ltd, Isuzu Motors Ltd, Navistar International Transportation Corp, PACCAR Inc, Scania AB, Volvo Group.

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

Electric Trucks 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:
Type
Light & Medium-duty Truck
Heavy-duty Truck
Component
12v Battery
High Voltage Battery
DC/AC Inverter
DC/DC Converter
DC/DC Boost Converter
E-Motor
AC/DC Charger
Motor Controller
Vehicle
Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Fuel Cell Electric Vehicle (FCEV)
Battery
Lead Acid Battery
Lithium-Ion Battery
Nickel-Based Battery
Application
Logistics
Municipal

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

Companies
BYD Motors Inc
Daimler AG
Dongfeng Motor Corp
Groupe Renault
Hino Motors Ltd
Isuzu Motors Ltd
Navistar International Transportation Corp
PACCAR Inc
Scania AB
Volvo Group.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

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

2. MILD HYBRID VEHICLES MARKET SIZE OUTLOOK TO 2030

2.1 Mild Hybrid Vehicles Market Size Outlook, USD Million, 2021- 2030
2.2 Mild Hybrid Vehicles Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. MILD HYBRID VEHICLES 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. MILD HYBRID VEHICLES MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Capacity

12 V

24 V

48V

Above 48V
Vehicle
Passenger Car
Commercial Vehicle
Application
Commercial
Residential
Battery
Lithium Ion
Lead-Based
Others
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 Mild Hybrid Vehicles Market, 2025
5.2 Asia Pacific Mild Hybrid Vehicles Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Mild Hybrid Vehicles Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Mild Hybrid Vehicles Market, 2025
5.5 Europe Mild Hybrid Vehicles Market Size Outlook by Type, 2021- 2030
5.6 Europe Mild Hybrid Vehicles Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Mild Hybrid Vehicles Market, 2025
5.8 North America Mild Hybrid Vehicles Market Size Outlook by Type, 2021- 2030
5.9 North America Mild Hybrid Vehicles Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Mild Hybrid Vehicles Market, 2025
5.11 South America Pacific Mild Hybrid Vehicles Market Size Outlook by Type, 2021- 2030
5.12 South America Mild Hybrid Vehicles Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Mild Hybrid Vehicles Market, 2025
5.14 Middle East Africa Mild Hybrid Vehicles Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Mild Hybrid Vehicles Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

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

7. MILD HYBRID VEHICLES MARKET OUTLOOK ACROSS SCENARIOS

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

8. MILD HYBRID VEHICLES COMPANY PROFILES

8.1 Profiles of Leading Mild Hybrid Vehicles Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
Audi AG
BMW AG
BYD Co. Ltd
Daimler AG
Ford Motor Company
Honda Motor Company Ltd
Hyundai Motor Company
Kia Motors Corp
Mitsubishi Motors Corp
Nissan Motor Co. Ltd
Suzuki Motor Corp
Toyota Motor Corp
Volkswagen Group
Volvo Group

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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