Electric delivery van battery powered electric vehicles which are used for delivery of goods. The electric delivery vans are powered by lithium ion batteries owing to which these vehicles offers instant torque and power. The storage space of electric delivery vans are highly customizable according to the end users requirement.
MARKET DYNAMICS
The electric delivery van market is experiencing owing to its lower operational cost over ICE delivery van. However, shortage of microprocessor due to the COVID-19 is hampering the growth of the electric delivery van market. Meanwhile, increasing government initiatives for promoting EVs across the globe is projected to flourish the electric delivery van market.
MARKET SCOPE
The "Electric Delivery Van Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation with a special focus on the global market trend analysis. The report aims to provide an overview of electric delivery van market with detailed market segmentation by component, vehicle type, and geography. The global electric delivery van market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric delivery van market players and offers key trends and opportunities in the electric delivery van market.
MARKET SEGMENTATION
The global electric delivery van market is segmented on the basis of vehicle type and end user. Based on vehicle type, the market is segmented into light duty vehicle and medium duty vehicle. Based on end user, the market is segmented into transport and logistics, retail, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric delivery van market based on various segments. It also provides market size and forecast estimates from year 2018 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric delivery van market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting electric delivery van market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porters five forces analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric delivery van market in these regions.
MARKET PLAYERS
The reports cover key developments in the electric delivery van market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from electric delivery van market are anticipated to lucrative growth opportunities in the future with the rising demand for electric delivery van market. Below mentioned is the list of few companies engaged in the electric delivery van market.
IMPACT OF COVID-19 ON ELECTRIC DELIVERY VAN MARKET
The outbreak of COVID-19 has significantly impacted various industries including the automotive industry. Containment measures were imposed by governments across the globe such as trade restriction and factor shutdown followed by limited personnel at workplaces in order to adhere to the norms of social distancing. Thus, the imposition of such measures has disrupted the supply chain of automotive manufacturers. Automotive Manufacturers are facing bottleneck in their supply chain owing to microchip shortage which is caused decrease in production volumes and delay in deliveries of vehicles which has negatively impacted the automotive industry.
The report also includes the profiles of key electric delivery van market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- MAHINDRA & MAHINDRA LTD.
- Alke
- Ford Motor Company
- General Motors
- Daimler
- FCA Italy S.p.A.
- Renault
- Rivian
- PEUGEOT
- Tata Motors Limited