Report Author
With a background in computational biology, Rueben Scriven joined Interact Analysis two years ago and leads the warehouse automation and on-highway commercial vehicle research areas. Rueben has spoken at some of the leading industry events and moderated several panel discussions on the topic of commercial vehicle electrification. Heβs also appeared on CNBC to provide insight on the global electric bus market.
Covid-19 has had a major impact on the market but a strong recovery and strong growth is forecast for electrified powertrains. Along with the announcement from China in regards to their future electric vehicle policy, Interact Analysis have prepared a credible, detailed and fully researched report of the market which would be an asset to any business plan.
For the last 2 years, Interact Analysis have been developing a rigorous forecasting methodology for commercial vehicles electrification.
Using a TCO model to compare the advantage of electric commercial vehicles to diesel vehicles along with well modelled forecasts and transparent assumptions, they have been able to produce detailed forecasts on the market up to the year 2026.
Objective
To produce an accurate and up to date report on market sizes, prices, volumes for hybrid and electric trucks and buses technology.
Key Findings
- There were 20 million registrations in 2019 for the global commercial vehicle market.
- It is predicted that there will be over 2.5 million annual registrations of electrified powertrains by 2030, mainly from China, US, Germany, France and the UK.
- Long term CAGR growth from 2021 for the overall market is predicted at 2%
- Major growth opportunities exist in electrification to exceed 20% in the long term
Deliverables include 150 Excel tables and PivotΒ tables, 100-page report and Power-BI dashboard.
PDF Report
Chapter 1 - Executive Summary
Chapter 2 - China Policy Scenarios
Chapter 3 - Global Commercial Vehicle Market Overview
Chapter 4 - Commercial Vehicle Battery Packaging and Design
Chapter 5 - Competitive Landscape
Chapter 6 - Definitions
Chapter 7 - Methodology
To view full table of contents and market segmentation please download the report brochure and sample pages.
- Detailed discussions of key issues and trends based upon 40 hours of primary interviews with key stakeholders.
- Primary research, real company data, proprietary models and forecasts, geographic and industry company level analysis
- Interviews with lead OEMβs, suppliers, start-ups and fleets to give up to date detailed assessments and identify main trends.
- A bottom up analysis model to validate TCO model, using the interviews and desk research previously conducted.