Electric Truck Market

ID: 4800

154 Pages

Research Team

06/2025

Electric Truck Market Research Report By Vehicle Type (Light Duty Trucks, Medium Duty Trucks, Heavy Duty Trucks), By Power Source (Battery Electric Trucks, Hydrogen Fuel Cell Trucks, Hybrid Electric Trucks), By Application (Freight Transportation, Construction, Waste Management, Urban Delivery), By Weight Class (Below 3.5 Tons, 3.5 to 7.5 Tons, Above 7.5 Tons) and By Regional (North America, E...

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1. Market Overview

2. Market Trends

3. Market Segment Insights

4. Key Players and Competitive Insights

5. Industry Developments

6. Market Segmentation

7. Report Scope

8. Market Highlights

9. FAQs

Certified Researchers

Market Summary

Research Methodology on Electric Truck Market

1. Introduction

The published research is focused on the ‘Electric Truck Market’. This research study focuses on understanding the current market scenario, market size and opportunities, key players and segmentation for the electric truck market. The research aims to provide a detailed market analysis along with the growth prospects of the market during the forecast period 2024-2032.

2. Objectives

The main objective of this research is to provide an analysis of the electric truck market and identify the key drivers and opportunities present in the electric truck market. The research uses a variety of primary and secondary sources to develop a complete picture of the electric truck market.

3. Scope of the Research

The scope of this research focuses on gaining an understanding of the electric truck market structure and analyzing the market forecasts. The research includes data from region-specific studies, industry opinions and trends, market forecasts, and other various sources.

4. Research Design

This research uses a combination of desk research, primary research and secondary research methods to develop a comprehensive understanding of the electric truck market.

5. Research Methodology

The research design adopted for this research is a sequential and exhaustive approach.

5.1 Desk Research

The desk research phase includes a comprehensive study of available literature related to the electric truck market. This includes industry reports, data from industry associations, and other secondary sources. The desk research phase also involves the development of a list of potential key stakeholders and industry personnel who could provide insights into the current market dynamics and trends.

5.2 Primary Research

The primary research phase of this research involves a variety of activities such as interviews with industry experts, focus groups and surveys. The primary research phase also involves the development of an interview guide and focus group questions to gain an understanding of the market size, current trends and opportunities in the electric truck market.

Interviews:

Expert interviews are conducted with industry stakeholders, including industry experts, OEMs, dealers, and electric truck users to gauge their industry perspectives, opinions and experiences. The expert interviews are conducted in the form of telephone and email interviews.

Focus Group:

Focus groups are conducted with expert stakeholders on the innovation development of electric trucks. The focus group is conducted to gain an understanding of the development life cycle of electric trucks, current market trends and opportunities.

Surveys:

Surveys are conducted via email to electric truck users and analysts. The surveys are performed to gain insights into user experiences and trends in the electric truck market.

5.3 Secondary Research

The secondary research phase involves collating data from secondary sources such as journals, industry publications, company websites and other industry sources.

6. Data Collection and Analysis

The data collection and analysis phase includes the collection and analysis of data from the primary and secondary research processes. Interviews results are collated, analyzed and presented in the form of charts and tables. The focus group results are analyzed and presented in the form of charts and figures.

Survey results are collated and analyzed by qualitative methods to identify trends and patterns in the data. The analysis of data from the secondary sources is performed through qualitative and quantitative methods, such as trend analysis, correlation and regression analysis and market forecasting analysis.

Market Size & Forecast

Report Attribute/Metric	Details
Market Size 2023	1.92(USD Billion)
Market Size 2024	2.48(USD Billion)
Market Size 2035	40.0(USD Billion)
Compound Annual Growth Rate (CAGR)	28.76% (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Nikola, Volta Trucks, Peterbilt, Hino, Ford, Cummins, Scania, BYD, Volvo, Tesla, MAN, Freightliner, Isuzu, Renault, Daimler
Segments Covered	Vehicle Type, Power Source, Application, Weight Class, Regional
Key Market Opportunities	Growing demand for sustainable transport, Advancements in battery technology, Government incentives and regulations, Expansion of charging infrastructure, Increasing urbanization and logistics needs
Key Market Dynamics	rising environmental regulations, advancing battery technology, increasing electric vehicle adoption, growing logistics sector demand, fluctuating fuel prices
Countries Covered	North America, Europe, APAC, South America, MEA

Major Players

Electric Truck Market Segmentation

Electric Truck Market By Vehicle Type (USD Billion, 2019-2035)
- Light Duty Trucks
- Medium Duty Trucks
- Heavy Duty Trucks

Electric Truck Market By Power Source (USD Billion, 2019-2035)
- Battery Electric Trucks
- Hydrogen Fuel Cell Trucks
- Hybrid Electric Trucks

Electric Truck Market By Application (USD Billion, 2019-2035)
- Freight Transportation
- Construction
- Waste Management
- Urban Delivery

Electric Truck Market By Weight Class (USD Billion, 2019-2035)
- Below 3.5 Tons
- 5 to 7.5 Tons
- Above 7.5 Tons

Electric Truck Market By Regional (USD Billion, 2019-2035)
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa

Electric Truck Market Regional Outlook (USD Billion, 2019-2035)

North America Outlook (USD Billion, 2019-2035)
- North America Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- North America Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- North America Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- North America Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- North America Electric Truck Market by Regional Type
  - US
  - Canada
- US Outlook (USD Billion, 2019-2035)
- US Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- US Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- US Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- US Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- CANADA Outlook (USD Billion, 2019-2035)
- CANADA Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- CANADA Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- CANADA Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- CANADA Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- Europe Outlook (USD Billion, 2019-2035)
  - Europe Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - Europe Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - Europe Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - Europe Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - Europe Electric Truck Market by Regional Type
    - Germany
    - UK
    - France
    - Russia
    - Italy
    - Spain
    - Rest of Europe
  - GERMANY Outlook (USD Billion, 2019-2035)
  - GERMANY Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - GERMANY Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - GERMANY Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - GERMANY Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - UK Outlook (USD Billion, 2019-2035)
  - UK Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - UK Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - UK Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - UK Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - FRANCE Outlook (USD Billion, 2019-2035)
  - FRANCE Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - FRANCE Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - FRANCE Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - FRANCE Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - RUSSIA Outlook (USD Billion, 2019-2035)
  - RUSSIA Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - RUSSIA Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - RUSSIA Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - RUSSIA Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - ITALY Outlook (USD Billion, 2019-2035)
  - ITALY Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - ITALY Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - ITALY Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - ITALY Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - SPAIN Outlook (USD Billion, 2019-2035)
  - SPAIN Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - SPAIN Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - SPAIN Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - SPAIN Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - REST OF EUROPE Outlook (USD Billion, 2019-2035)
  - REST OF EUROPE Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - REST OF EUROPE Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - REST OF EUROPE Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - REST OF EUROPE Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - APAC Outlook (USD Billion, 2019-2035)
    - APAC Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - APAC Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - APAC Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - APAC Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - APAC Electric Truck Market by Regional Type
      - China
      - India
      - Japan
      - South Korea
      - Malaysia
      - Thailand
      - Indonesia
      - Rest of APAC
    - CHINA Outlook (USD Billion, 2019-2035)
    - CHINA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - CHINA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - CHINA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - CHINA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - INDIA Outlook (USD Billion, 2019-2035)
    - INDIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - INDIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - INDIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - INDIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - JAPAN Outlook (USD Billion, 2019-2035)
    - JAPAN Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - JAPAN Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - JAPAN Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - JAPAN Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - SOUTH KOREA Outlook (USD Billion, 2019-2035)
    - SOUTH KOREA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - SOUTH KOREA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - SOUTH KOREA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - SOUTH KOREA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - MALAYSIA Outlook (USD Billion, 2019-2035)
    - MALAYSIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - MALAYSIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - MALAYSIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - MALAYSIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - THAILAND Outlook (USD Billion, 2019-2035)
    - THAILAND Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - THAILAND Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - THAILAND Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - THAILAND Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - INDONESIA Outlook (USD Billion, 2019-2035)
    - INDONESIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - INDONESIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - INDONESIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - INDONESIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - REST OF APAC Outlook (USD Billion, 2019-2035)
    - REST OF APAC Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - REST OF APAC Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - REST OF APAC Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - REST OF APAC Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - South America Outlook (USD Billion, 2019-2035)
      - South America Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
      - South America Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
      - South America Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
      - South America Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
      - South America Electric Truck Market by Regional Type
        
        Brazil
        
        Mexico
        
        Argentina
        
        Rest of South America
      - BRAZIL Outlook (USD Billion, 2019-2035)
      - BRAZIL Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
      - BRAZIL Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
      - BRAZIL Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
      - BRAZIL Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
      - MEXICO Outlook (USD Billion, 2019-2035)
      - MEXICO Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
      - MEXICO Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
      - MEXICO Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
      - MEXICO Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
      - ARGENTINA Outlook (USD Billion, 2019-2035)
      - ARGENTINA Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
      - ARGENTINA Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
      - ARGENTINA Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
      - ARGENTINA Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
      - REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)
      - REST OF SOUTH AMERICA Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
      - REST OF SOUTH AMERICA Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
      - REST OF SOUTH AMERICA Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
      - REST OF SOUTH AMERICA Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
      - MEA Outlook (USD Billion, 2019-2035)
        
        MEA Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
        
        MEA Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
        
        MEA Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
        
        MEA Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
        
        MEA Electric Truck Market by Regional Type
        
        GCC Countries
        
        South Africa
        
        Rest of MEA
        
        GCC COUNTRIES Outlook (USD Billion, 2019-2035)
        
        GCC COUNTRIES Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
        
        GCC COUNTRIES Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
        
        GCC COUNTRIES Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
        
        GCC COUNTRIES Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
        
        SOUTH AFRICA Outlook (USD Billion, 2019-2035)
        
        SOUTH AFRICA Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
        
        SOUTH AFRICA Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
        
        SOUTH AFRICA Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
        
        SOUTH AFRICA Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons
        
        REST OF MEA Outlook (USD Billion, 2019-2035)
        
        REST OF MEA Electric Truck Market by Vehicle Type
        
        Light Duty Trucks
        
        Medium Duty Trucks
        
        Heavy Duty Trucks
        
        REST OF MEA Electric Truck Market by Power Source Type
        
        Battery Electric Trucks
        
        Hydrogen Fuel Cell Trucks
        
        Hybrid Electric Trucks
        
        REST OF MEA Electric Truck Market by Application Type
        
        Freight Transportation
        
        Construction
        
        Waste Management
        
        Urban Delivery
        
        REST OF MEA Electric Truck Market by Weight Class Type
        
        Below 3.5 Tons
        
        5 to 7.5 Tons
        
        Above 7.5 Tons

Market Trends

Global Electric Truck Market Overview

As per MRFR analysis, the Electric Truck Market Size was estimated at 1.92 (USD Billion) in 2023.
The Electric Truck Market Industry is expected to grow from 2.48(USD Billion) in 2024 to 40 (USD Billion) by 2035. The Electric Truck Market CAGR (growth rate) is expected to be around 28.76% during the forecast period (2025 - 2035).

Key Electric Truck Market Trends Highlighted

The Electric Truck Market is expanding at a rapid pace due to the implementation of stringent government regulations and the growing awareness of environmental issues, which are designed to mitigate carbon emissions. The transition of fleet operators from traditional diesel trucks to electric alternatives is significantly influenced by incentives for electric vehicle adoption, such as tax exemptions and rebates offered by various countries. The demand for sustainable logistics solutions is also a significant market driver, as businesses strive to improve their environmental credentials and satisfy the expectations of environmentally conscious consumers. Advancements in battery technology and the development of charging infrastructure are among the opportunities in the Electric Truck Market.

The widespread adoption of electric trucks can be facilitated by the investment in fast-charging stations, particularly in urban areas and logistics centers. Furthermore, the expansion of battery recycling ...

Market Segment Insights

Smartphone Sensors Smartphone Type Insights

The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Manufacturer Insights

The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

Smartphone Sensors Application Insights

Smartphone Sensors Regional Insights

Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

Smartphone Sensors Price Insights

The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

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Key Players and Competitive Insights

Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

Key Companies in the Smartphone Sensors market include

MS AG (Austria)

Industry Developments

September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

Market Segmentation

Smartphone Type Outlook

Standard Smartphone
Rugged Smartphone
Smartwatches
Other Wearable

Price Outlook

USD 300 to USD 500
USD 100 to USD 300
Above USD 500
Under USD 100

Manufacturer Outlook

Apple Inc.
Samsung Electronics
Huawei Technology
Xiaomi Inc.

Oppo
Sony Corporation
HMD Global

Application Outlook

High-Level
Mid-Level
Low-Level

Manufacturer Outlook

North America

US
Canada

Europe

Germany
France
UK
Italy
Spain
Rest of Europe

Asia-Pacific

China
Japan
India
Italy
Australia
South Korea
Rest of Asia-Pacific

Rest of the World

Middle East
Africa
Latin America

Report Scope

Report Attribute/Metric	Details
Market Size 2023	1.92(USD Billion)
Market Size 2024	2.48(USD Billion)
Market Size 2035	40.0(USD Billion)
Compound Annual Growth Rate (CAGR)	28.76% (2025 - 2035)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year	2024
Market Forecast Period	2025 - 2035
Historical Data	2019 - 2024
Market Forecast Units	USD Billion
Key Companies Profiled	Nikola, Volta Trucks, Peterbilt, Hino, Ford, Cummins, Scania, BYD, Volvo, Tesla, MAN, Freightliner, Isuzu, Renault, Daimler
Segments Covered	Vehicle Type, Power Source, Application, Weight Class, Regional
Key Market Opportunities	Growing demand for sustainable transport, Advancements in battery technology, Government incentives and regulations, Expansion of charging infrastructure, Increasing urbanization and logistics needs
Key Market Dynamics	rising environmental regulations, advancing battery technology, increasing electric vehicle adoption, growing logistics sector demand, fluctuating fuel prices
Countries Covered	North America, Europe, APAC, South America, MEA

Market Highlights

Author

Aarti Dhapte

Team Lead - Research

She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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FAQs

Who are the competitors retaining a stake in the electric truck market?

PACCAR Inc. (US), Isuzu Motors Ltd (Japan), Navistar, Inc. (US), FAW Group Co., Ltd. (China), and China National Heavy Duty Truck Group Co Ltd., (China) are the market competitors.

What CAGR is predicted to become evident in the electric truck market?

A strong CAGR of 73.65% is anticipated to create a promising growth environment in the market.

Which regions are establishing themselves in the electric truck market?

It is expected that the North American and European regions, along with China, will be responsible for more than 70% of the aggregate transactions related to electric trucks.

What are the chief factors reinforcing the development of the electric truck market?

Government of different countries is planning to find ways to incentives fleets owner in electric trucks

Which segments are created in the electric truck market?

Application, truck type, charge type, and region are the identifiable segments in the market.

TO 2035 (USD Billions)
(% SHARE)
(USD Billions)

Electric Truck Market Segmentation

Electric Truck Market By Vehicle Type (USD Billion, 2019-2035)
- Light Duty Trucks
- Medium Duty Trucks
- Heavy Duty Trucks

Electric Truck Market By Power Source (USD Billion, 2019-2035)
- Battery Electric Trucks
- Hydrogen Fuel Cell Trucks
- Hybrid Electric Trucks

Electric Truck Market By Application (USD Billion, 2019-2035)
- Freight Transportation
- Construction
- Waste Management
- Urban Delivery

Electric Truck Market By Weight Class (USD Billion, 2019-2035)
- Below 3.5 Tons
- 5 to 7.5 Tons
- Above 7.5 Tons

Electric Truck Market By Regional (USD Billion, 2019-2035)
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa

Electric Truck Market Regional Outlook (USD Billion, 2019-2035)

North America Outlook (USD Billion, 2019-2035)
- North America Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- North America Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- North America Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- North America Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- North America Electric Truck Market by Regional Type
  - US
  - Canada
- US Outlook (USD Billion, 2019-2035)
- US Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- US Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- US Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- US Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- CANADA Outlook (USD Billion, 2019-2035)
- CANADA Electric Truck Market by Vehicle Type
  - Light Duty Trucks
  - Medium Duty Trucks
  - Heavy Duty Trucks
- CANADA Electric Truck Market by Power Source Type
  - Battery Electric Trucks
  - Hydrogen Fuel Cell Trucks
  - Hybrid Electric Trucks
- CANADA Electric Truck Market by Application Type
  - Freight Transportation
  - Construction
  - Waste Management
  - Urban Delivery
- CANADA Electric Truck Market by Weight Class Type
  - Below 3.5 Tons
  - 5 to 7.5 Tons
  - Above 7.5 Tons
- Europe Outlook (USD Billion, 2019-2035)
  - Europe Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - Europe Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - Europe Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - Europe Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - Europe Electric Truck Market by Regional Type
    - Germany
    - UK
    - France
    - Russia
    - Italy
    - Spain
    - Rest of Europe
  - GERMANY Outlook (USD Billion, 2019-2035)
  - GERMANY Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - GERMANY Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - GERMANY Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - GERMANY Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - UK Outlook (USD Billion, 2019-2035)
  - UK Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - UK Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - UK Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - UK Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - FRANCE Outlook (USD Billion, 2019-2035)
  - FRANCE Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - FRANCE Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - FRANCE Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - FRANCE Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - RUSSIA Outlook (USD Billion, 2019-2035)
  - RUSSIA Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - RUSSIA Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - RUSSIA Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - RUSSIA Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - ITALY Outlook (USD Billion, 2019-2035)
  - ITALY Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - ITALY Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - ITALY Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - ITALY Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - SPAIN Outlook (USD Billion, 2019-2035)
  - SPAIN Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - SPAIN Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - SPAIN Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - SPAIN Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - REST OF EUROPE Outlook (USD Billion, 2019-2035)
  - REST OF EUROPE Electric Truck Market by Vehicle Type
    - Light Duty Trucks
    - Medium Duty Trucks
    - Heavy Duty Trucks
  - REST OF EUROPE Electric Truck Market by Power Source Type
    - Battery Electric Trucks
    - Hydrogen Fuel Cell Trucks
    - Hybrid Electric Trucks
  - REST OF EUROPE Electric Truck Market by Application Type
    - Freight Transportation
    - Construction
    - Waste Management
    - Urban Delivery
  - REST OF EUROPE Electric Truck Market by Weight Class Type
    - Below 3.5 Tons
    - 5 to 7.5 Tons
    - Above 7.5 Tons
  - APAC Outlook (USD Billion, 2019-2035)
    - APAC Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - APAC Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - APAC Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - APAC Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - APAC Electric Truck Market by Regional Type
      - China
      - India
      - Japan
      - South Korea
      - Malaysia
      - Thailand
      - Indonesia
      - Rest of APAC
    - CHINA Outlook (USD Billion, 2019-2035)
    - CHINA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - CHINA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - CHINA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - CHINA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - INDIA Outlook (USD Billion, 2019-2035)
    - INDIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - INDIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - INDIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - INDIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - JAPAN Outlook (USD Billion, 2019-2035)
    - JAPAN Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - JAPAN Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - JAPAN Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - JAPAN Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - SOUTH KOREA Outlook (USD Billion, 2019-2035)
    - SOUTH KOREA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - SOUTH KOREA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - SOUTH KOREA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - SOUTH KOREA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - MALAYSIA Outlook (USD Billion, 2019-2035)
    - MALAYSIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - MALAYSIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - MALAYSIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - MALAYSIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - THAILAND Outlook (USD Billion, 2019-2035)
    - THAILAND Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - THAILAND Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - THAILAND Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - THAILAND Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - INDONESIA Outlook (USD Billion, 2019-2035)
    - INDONESIA Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - INDONESIA Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - INDONESIA Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - INDONESIA Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - REST OF APAC Outlook (USD Billion, 2019-2035)
    - REST OF APAC Electric Truck Market by Vehicle Type
      - Light Duty Trucks
      - Medium Duty Trucks
      - Heavy Duty Trucks
    - REST OF APAC Electric Truck Market by Power Source Type
      - Battery Electric Trucks
      - Hydrogen Fuel Cell Trucks
      - Hybrid Electric Trucks
    - REST OF APAC Electric Truck Market by Application Type
      - Freight Transportation
      - Construction
      - Waste Management
      - Urban Delivery
    - REST OF APAC Electric Truck Market by Weight Class Type
      - Below 3.5 Tons
      - 5 to 7.5 Tons
      - Above 7.5 Tons
    - South America Outlook (USD Billion, 2019-2035)
      - South America Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
      - South America Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
      - South America Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
      - South America Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
      - South America Electric Truck Market by Regional Type
        Brazil
        Mexico
        Argentina
        Rest of South America
      - BRAZIL Outlook (USD Billion, 2019-2035)
      - BRAZIL Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
      - BRAZIL Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
      - BRAZIL Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
      - BRAZIL Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
      - MEXICO Outlook (USD Billion, 2019-2035)
      - MEXICO Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
      - MEXICO Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
      - MEXICO Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
      - MEXICO Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
      - ARGENTINA Outlook (USD Billion, 2019-2035)
      - ARGENTINA Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
      - ARGENTINA Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
      - ARGENTINA Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
      - ARGENTINA Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
      - REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2035)
      - REST OF SOUTH AMERICA Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
      - REST OF SOUTH AMERICA Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
      - REST OF SOUTH AMERICA Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
      - REST OF SOUTH AMERICA Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
      - MEA Outlook (USD Billion, 2019-2035)
        MEA Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
        MEA Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
        MEA Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
        MEA Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
        MEA Electric Truck Market by Regional Type
        GCC Countries
        South Africa
        Rest of MEA
        GCC COUNTRIES Outlook (USD Billion, 2019-2035)
        GCC COUNTRIES Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
        GCC COUNTRIES Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
        GCC COUNTRIES Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
        GCC COUNTRIES Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
        SOUTH AFRICA Outlook (USD Billion, 2019-2035)
        SOUTH AFRICA Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
        SOUTH AFRICA Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
        SOUTH AFRICA Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
        SOUTH AFRICA Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons
        REST OF MEA Outlook (USD Billion, 2019-2035)
        REST OF MEA Electric Truck Market by Vehicle Type
        Light Duty Trucks
        Medium Duty Trucks
        Heavy Duty Trucks
        REST OF MEA Electric Truck Market by Power Source Type
        Battery Electric Trucks
        Hydrogen Fuel Cell Trucks
        Hybrid Electric Trucks
        REST OF MEA Electric Truck Market by Application Type
        Freight Transportation
        Construction
        Waste Management
        Urban Delivery
        REST OF MEA Electric Truck Market by Weight Class Type
        Below 3.5 Tons
        5 to 7.5 Tons
        Above 7.5 Tons

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