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Zero Emission Commercial Vehicle Market, Global Outlook and Forecast 2023-2029

Zero Emission Commercial Vehicle Market, Global Outlook and Forecast 2023-2029

  • Published on : 12 May 2023
  • Pages :129
  • Report Code:SMR-7686306

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Report overview

The global Zero Emission Commercial Vehicle market was valued at US$ 92000 million in 2022 and is projected to reach US$ 346600 million by 2029, at a CAGR of 20.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A zero-emissions vehicle is a vehicle that never emits exhaust gas from the onboard source of power; generally refers to electric vehicles.
This report aims to provide a comprehensive presentation of the global market for Zero Emission Commercial Vehicle, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Zero Emission Commercial Vehicle. This report contains market size and forecasts of Zero Emission Commercial Vehicle in global, including the following market information:
Global Zero Emission Commercial Vehicle Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Zero Emission Commercial Vehicle Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Zero Emission Commercial Vehicle companies in 2022 (%)
The leading manufactures mainly are Tesla, BYD, SAIC, BAIC, BMW, Hyundai & Kia, GEELY, Nissan, Volkswagen, Renault, JAC, TOYOTA , Mitsubishi, Chery, VOLVO, GAC Motor, etc. Tesla is the largest manufacturer; its revenue of global market exceeds 31% in 2019. Geographically, the global Zero Emission Vehicle (ZEV) production market has been segmented into United States, Europe, China, Japan, others. The China held the largest share in the global market, its revenue of global market exceeds 47% % in 2019. The next is Europe. There are mainly two-type product of Zero Emission Vehicle (ZEV) market: BEV and PHEV. In 2020, BEV accounted for a major share of 61% the global Zero Emission Vehicle (ZEV) market. In addition, the applications of Zero Emission Vehicle (ZEV) are classified as home use and commercial use.
We surveyed the Zero Emission Commercial Vehicle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Zero Emission Commercial Vehicle Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Zero Emission Commercial Vehicle Market Segment Percentages, by Type, 2022 (%)
  • Battery Electric Commercial Vehicle
  • Fuel Cell Commercial Vehicle
Global Zero Emission Commercial Vehicle Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Zero Emission Commercial Vehicle Market Segment Percentages, by Application, 2022 (%)
  • Trucks
  • Buses
  • Others
Global Zero Emission Commercial Vehicle Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Zero Emission Commercial Vehicle Market Segment Percentages, By Region and Country, 2022 (%)
  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Zero Emission Commercial Vehicle revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Zero Emission Commercial Vehicle revenues share in global market, 2022 (%)
  • Key companies Zero Emission Commercial Vehicle sales in global market, 2018-2023 (Estimated), (Units)
  • Key companies Zero Emission Commercial Vehicle sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • Daimler
  • Volvo
  • PACCAR
  • Yutong Bus
  • BYD
  • CRRC Electric Vehicle
  • Zhongtong Bus
  • Faw Jiefang Group
  • Man Truck
  • Scania
  • New Flyer
  • Proterra
  • VDL Bus & Coach
  • Sinotruck
  • Shaanxi Heavy Duty Automobile
  • Isuzu Motors
  • Navistar
  • Iveco
  • Solaris Bus & Coach
  • EBUSCO
Outline of Major Chapters:
  • Chapter 1: Introduces the definition of Zero Emission Commercial Vehicle, market overview.
  • Chapter 2: Global Zero Emission Commercial Vehicle market size in revenue and volume.
  • Chapter 3: Detailed analysis of Zero Emission Commercial Vehicle manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6: Sales of Zero Emission Commercial Vehicle in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Global Zero Emission Commercial Vehicle capacity by region & country.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 11: The main points and conclusions of the report.