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Global Electric Van Market Size, Trends and Growth opportunity, By Propulsion Type (Battery Electric Vehicles, Hybrid Electric Vehicles, Fuel Cell Electric Vehicles, Plug-in Hybrid Electric Vehicles), By Vehicle Type (Short and Mid-range Electric Vans, Long-range Electric Vans), By Charging Type (Normal Charging, Fast Charging), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027.


Report ID : IR100968 | Industries : Automotive and Transportation | Published On :March 2024 | Page Count : 2

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  • Global Electric Van Market Size, Trends and Growth opportunity, By Propulsion Type (Battery Electric Vehicles, Hybrid Electric Vehicles, Fuel Cell Electric Vehicles, Plug-in Hybrid Electric Vehicles), By Vehicle Type (Short and Mid-range Electric Vans, Long-range Electric Vans), By Charging Type (Normal Charging, Fast Charging), Regional Outlook, Competitive Market Share & Forecast, 2022 – 2027. 
    Global Electric Van Market 
    Global Electric Van Market was valued at USD 15.618 billion in 2021 and is expected to reach USD 31.807 billion by 2027, at a CAGR 10.90% from 2022-2027.
    Electric vans are becoming increasingly popular with buyers, and for all good reasons. These EV vans offer a zero-emissions substitute for routine trips such as parcel deliveries, and the benefits are huge for local air pollution, especially in urban areas. Electric vans are cheaper to run than diesel and petrol vans because of the lower cost of electricity per mile. As well as potentially large savings on fuel, vehicle maintenance is usually cheaper and for a pure electric van, there is no vehicle excise duty or road tax to be paid.
    Market Drivers
    With technological breakthroughs and the mass production of electric vehicle (EV) batteries in massive volumes, the cost of EV batteries has decreased over the last few decades. As EV batteries are one of the most expensive components of the car, this has resulted in a reduction in the cost of electric vehicles.
    Furthermore, an electric van is used for multipurpose, that includes side and rear doors and side panels. Electric van is called a motor truck vehicle which receives power from the power grid and is driven by an electric motor. These vans are primarily eco-friendly and emission free which significantly reduces carbon emission. In addition, battery powered electric vans have low noise levels and are well cushioned that makes every drive a smooth one.
    Market Restraints
    Many electric vehicle charging points are few in many areas across the globe. As a result, the availability of public EV charging stations for electric vehicles decreases, lowering adoption.
    Market Segmentation
    The Global Electric Van Market is segmented into propulsion type, vehicle type, battery type, charging type, end-use and region.
    Based on propulsion type, battery EVs will lead the market over the forecast period and by vehicle type, the electric van market is segmented into long-range electric vans and short & mid-range electric vans.
    Regional Analysis
    The Global Electric Van Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
    The Asia Pacific region dominates the global electric van market, owing to a greater rate of EV adoption in the region on account of transportation pollution and rising fuel prices. Rising knowledge of the benefits of EVs, government incentives to encourage EVs, and the availability of EV charging infrastructure across Japan and China have resulted in increased adoption of electric vans, raising the region's market share. The Asia Pacific electric van market is led by Japan, China, and South Korea.
    Key Players
    Various key players are discussed into the Global Electric Van Market Report including: Tesla Inc, Mercedes-Benz Group AG, BYD Company Ltd, General Motors, Toyota Motor Corporation, Hyundai Motor Company, Honda Motor Company Ltd., Nissan Motor Co. ltd, Volkswagen AG, Stellantis N.V, and others.
    Market Taxonomy
    By Propulsion Type
    •    Battery Electric Vehicles
    •    Hybrid Electric Vehicles
    •    Fuel Cell Electric Vehicles
    •    Plug-in Hybrid Electric Vehicles
    By Vehicle Type
    •    Short And Mid-Range Electric Vans
    •    Long-range Electric Vans
    By Charging Type
    •    Normal Charging
    •    Fast Charging
    By Battery Type
    •    Lithium-ion battery
    •    Lead-ion battery
    •    Lead carbon
    By End-Use
    •    Personal
    •    Commercial
    By Region
    •    North America
    •    Latin America
    •    Europe
    •    Asia Pacific
    •    Middle East & Africa

    Global Electric Van Market
    1 Introduction    
    1.1 Objective of the Study
    1.2 Market definition
    1.3 Market Scope
    2 Research Methodology
    2.1 Data Mining
    2.2 Validation
    2.3 Primary Interviews
    2.4 List of Data Sources
    3 Executive Summary
    4 Global Electric Van Market Outlook
    4.1 Overview
    4.2 Market Dynamics
    4.2.1 Drivers
    4.2.2 Restraints
    4.2.3 Opportunities
    4.3 Porters Five Force Model
    4.4 Value Chain Analysis
    5 Global Electric Van Market, By Propulsion Type
    5.1 Y-o-Y Growth Comparison, By Propulsion Type
    5.2 Global Electric Van Market Share Analysis, By Propulsion Type
    5.3 Global Electric Van Market Size and Forecast, By Propulsion Type
    5.3.1 Battery Electric Vehicles
    5.3.2 Hybrid Electric Vehicles
    5.3.3 Fuel Cell Electric Vehicles
    5.3.4 Plug-in Hybrid Electric Vehicles
    6 Global Electric Van Market, By Vehicle Type
    6.1 Y-o-Y Growth Comparison, By Vehicle Type
    6.2 Global Electric Van Market Share Analysis, By Vehicle Type
    6.3 Global Electric Van Market Size and Forecast, By Vehicle Type
    6.3.1 Short And Mid-Range Electric Vans
    6.3.2 Long-range Electric Vans
    7 Global Electric Van Market, By Charging Type 
    7.1 Y-o-Y Growth Comparison, By Charging Type
    7.2 Global Electric Van Market Share Analysis, By Charging Type
    7.3 Global Electric Van Market Size and Forecast, By Charging Type
    7.3.1 Normal Charging
    7.3.2 Fast Charging
    8 Global Electric Van Market, By Battery Type
    8.1 Y-o-Y Growth Comparison, By Battery Type
    8.2 Global Electric Van Market Share Analysis, By Battery Type
    8.3 Global Electric Van Market Size and Forecast, By Battery Type
    8.3.1 Lithium-ion battery
    8.3.2 Lead-ion battery
    8.3.3 Lead carbon
    9 Global Electric Van Market, By End-use
    9.1 Y-o-Y Growth Comparison, By End-use
    9.2 Global Electric Van Market Share Analysis, By End-use
    9.3 Global Electric Van Market Size and Forecast, By End-use
    9.3.1 Personal
    9.3.2 Commercial
    10 Global Electric Van Market, By Region
    10.1 Global Electric Van Market Share Analysis, By Region
    10.2 Global Electric Van Market Share Analysis, By Region
    10.3 Global Electric Van Market Size and Forecast, By Region
    11 North America Electric Van Market Analysis and Forecast (2022-2027)
    11.1 Introduction
    11.2 North America Electric Van Market Share Analysis, By Propulsion Type
    11.3 North America Electric Van Market Size and Forecast, By Vehicle Type
    11.4 North America Electric Van Market Size and Forecast, By Charging Type
    11.5 North America Electric Van Market Size and Forecast, By Battery Type
    11.6 North America Electric Van Market Size and Forecast, By End-Use
    11.7 North America Electric Van Market Size and Forecast, By Country
    11.7.1 U.S.
    11.7.2 Canada
    11.7.3 Mexico
    12 Europe Electric Van Market Analysis and Forecast (2022-2027)
    12.1 Introduction
    12.2 Europe Electric Van Market Share Analysis, By Propulsion Type
    12.3 Europe Electric Van Market Size and Forecast, By Vehicle Type
    12.4 Europe Electric Van Market Size and Forecast, By Charging Type
    12.5 Europe Electric Van Market Size and Forecast, By Battery Type
    12.5 Europe Electric Van Market Size and Forecast, By End-Use
    12.7 Europe Electric Van Market Size and Forecast, By Country
    12.7.1 Germany
    12.7.2 France
    12.7.3 UK
    12.7.4 Rest of Europe
    13 Asia Pacific Electric Van Market Analysis and Forecast (2022-2027)
    13.1 Introduction
    13.2 Asia Pacific Electric Van Market Share Analysis, By Propulsion Type
    13.3 Asia Pacific Electric Van Market Size and Forecast, By Vehicle Type
    13.4 Asia Pacific Electric Van Market Size and Forecast, By Charging Type
    13.5 Asia Pacific Electric Van Market Size and Forecast, By Battery Type
    13.6 Asia Pacific Electric Van Market Size and Forecast, By End-Use
    13.7 Asia Pacific Electric Van Market Size and Forecast, By Country
    13.7.1 China    
    13.7.2 Japan
    13.7.3 India
    13.7.4 Rest of Asia Pacific
    14 Latin America Electric Van Market Analysis and Forecast (2022-2027)
    14.1 Introduction
    14.2 Latin America Electric Van Market Share Analysis, By Propulsion Type
    14.3 Latin America Electric Van Market Size and Forecast, By Vehicle Type
    14.4 Latin America Electric Van Market Size and Forecast, By Charging Type
    14.5 Latin America Electric Van Market Size and Forecast, By Battery Type
    14.6 Latin America Electric Van Market Size and Forecast, By End-Use
    14.7 Latin America Electric Van Market Size and Forecast, Country
    14.7.1 Brazil
    14.7.2 Rest of Latin America
    15 Middle East Electric Van Market Analysis and Forecast (2022-2027)
    15.1 Introduction
    15.2 Middle East Electric Van Market Share Analysis, By Propulsion Type
    15.3 Middle East Electric Van Market Size and Forecast, By Vehicle Type
    15.4 Middle East Electric Van Market Size and Forecast, By Charging Type
    15.5 Middle East Electric Van Market Size and Forecast, By Battery Type
    15.6 Middle East Electric Van Market Size and Forecast, By End-Use
    15.7 Middle East Electric Van Market Size and Forecast, By Country
    15.7.1 Saudi Arabia
    15.7.2 UAE
    15.7.3 Egypt
    15.7.4 Kuwait
    15.7.5 South Africa
    16 Competitive Analysis
    16.1 Competition Dashboard
    16.2 Market share Analysis of Top Vendors
    16.3 Key Development Strategies
    17 Company Profiles
    17.1 Tesla Inc.
    17.1.1 Overview
    17.1.2 Offerings
    17.1.3 Key Financials
    17.1.4 Business Segment & Geographic Overview
    17.1.5 Key Market Developments
    17.1.6 Key Strategies
    17.2 Mercedes-Benz Group AG
    17.2.1 Overview
    17.2.2 Offerings
    17.2.3 Key Financials
    17.2.4 Business Segment & Geographic Overview
    17.2.5 Key Market Developments
    17.2.6 Key Strategies
    17.3 BYD Company Ltd
    17.3.1 Overview
    17.3.2 Offerings
    17.3.3 Key Financials
    17.3.4 Business Segment & Geographic Overview
    17.3.5 Key Market Developments
    17.3.6 Key Strategies
    17.4 General Motors
    17.4.1 Overview
    17.4.2 Offerings
    17.4.3 Key Financials
    17.4.4 Business Segment & Geographic Overview
    17.4.5 Key Market Developments
    16.4.6 Key Strategies
    17.5 Toyota Motor Corporation
    17.5.1 Overview
    17.5.2 Offerings
    17.5.3 Key Financials
    17.5.4 Business Segment & Geographic Overview
    17.5.5 Key Market Developments
    17.5.6 Key Strategies
    17.6 Hyundai Motor Company
    16.6.1 Overview
    17.6.2 Offerings
    17.6.3 Key Financials
    17.6.4 Business Segment & Geographic Overview
    17.6.5 Key Market Developments
    17.6.6 Key Strategies
    17.7 Honda Motor Company Ltd.
    17.7.1 Overview
    17.7.2 Offerings
    17.7.3 Key Financials
    17.7.4 Business Segment & Geographic Overview
    17.7.5 Key Market Developments
    17.7.6 Key Strategies    
    17.8 Nissan Motor Co. ltd
    17.8.1 Overview
    17.8.2 Offerings
    17.8.3 Key Financials
    17.8.4 Business Segment & Geographic Overview
    17.8.5 Key Market Developments
    17.8.6 Key Strategies
    17.9 Volkswagen AG
    17.9.1 Overview
    17.9.2 Offerings
    17.9.3 Key Financials
    17.9.4 Business Segment & Geographic Overview
    17.9.5 Key Market Developments
    17.9.6 Key Strategies
    17.10 Stellantis N.V
    17.10.1 Overview
    17.10.2 Offerings
    17.10.3 Key Financials
    17.10.4 Business Segment & Geographic Overview
    17.10.5 Key Market Developments
    17.10.6 Key Strategies