Home Automotive and Transportation Electric Commercial Vehicle Market Size, Share & Trends Chart by 2033

Electric Commercial Vehicle Market Size & Outlook, 2025-2033

Electric Commercial Vehicle Market Size, Share & Trends Analysis Report By Component (Electric Vehicle Battery, Electric Motor, Propulsion System / Power Electronics, Thermal Management System, Others (semiconductors, charging equipment), By Vehicle Type (Electric Buses and Coaches, Electric Light Commercial Vehicles (Vans, Pickup Trucks), Electric Trucks and Tippers, Trailers), By Propulsion Type (Battery Electric Vehicle (BEV), Fuel Cell Electric Vehicle (FCEV), Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV), By End User( Last‑mile Delivery, Logistics and Freight, Public Transport, Construction and Mining, Refuse / Municipal) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2025-2033

Report Code: SRAT54360DR
Last Updated : Aug, 2025
Pages : 110
Author : Abhijeet Patil
Format : PDF, Excel

Market Segmentation

  1. Electric Commercial Vehicle Market, By Component (2021-2033)
    1. Electric Vehicle Battery
    2. Electric Motor
    3. Propulsion System / Power Electronics
    4. Thermal Management System
    5. Others (semiconductors, charging equipment)
  2. Electric Commercial Vehicle Market, By Vehicle Type (2021-2033)
    1. Electric Buses and Coaches
    2. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
    3. Electric Trucks and Tippers
    4. Trailers
  3. Electric Commercial Vehicle Market, By Propulsion Type (2021-2033)
    1. Battery Electric Vehicle (BEV)
    2. Fuel Cell Electric Vehicle (FCEV)
    3. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
  4. Electric Commercial Vehicle Market, By End‑User (2021-2033)
    1. Last‑mile Delivery
    2. Logistics and Freight
    3. Public Transport
    4. Construction and Mining
    5. Refuse / Municipal
    1. North America
      1. North America Electric Commercial Vehicle Market, By Component
        1. Electric Vehicle Battery
          1. Electric Motor
            1. Propulsion System / Power Electronics
              1. Thermal Management System
                1. Others (semiconductors, charging equipment)
                2. North America Electric Commercial Vehicle Market, By Vehicle Type
                  1. Electric Buses and Coaches
                    1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                      1. Electric Trucks and Tippers
                        1. Trailers
                        2. North America Electric Commercial Vehicle Market, By Propulsion Type
                          1. Battery Electric Vehicle (BEV)
                            1. Fuel Cell Electric Vehicle (FCEV)
                              1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                              2. North America Electric Commercial Vehicle Market, By End‑User
                                1. Last‑mile Delivery
                                  1. Logistics and Freight
                                    1. Public Transport
                                      1. Construction and Mining
                                        1. Refuse / Municipal
                                        2. U.S.
                                          1. U.S. Electric Commercial Vehicle Market, By Component
                                            1. Electric Vehicle Battery
                                              1. Electric Motor
                                                1. Propulsion System / Power Electronics
                                                  1. Thermal Management System
                                                    1. Others (semiconductors, charging equipment)
                                                    2. U.S. Electric Commercial Vehicle Market, By Vehicle Type
                                                      1. Electric Buses and Coaches
                                                        1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                          1. Electric Trucks and Tippers
                                                            1. Trailers
                                                            2. U.S. Electric Commercial Vehicle Market, By Propulsion Type
                                                              1. Battery Electric Vehicle (BEV)
                                                                1. Fuel Cell Electric Vehicle (FCEV)
                                                                  1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                  2. U.S. Electric Commercial Vehicle Market, By End‑User
                                                                    1. Last‑mile Delivery
                                                                      1. Logistics and Freight
                                                                        1. Public Transport
                                                                          1. Construction and Mining
                                                                            1. Refuse / Municipal
                                                                          2. Canada
                                                                        2. Europe
                                                                          1. Europe Electric Commercial Vehicle Market, By Component
                                                                            1. Electric Vehicle Battery
                                                                              1. Electric Motor
                                                                                1. Propulsion System / Power Electronics
                                                                                  1. Thermal Management System
                                                                                    1. Others (semiconductors, charging equipment)
                                                                                    2. Europe Electric Commercial Vehicle Market, By Vehicle Type
                                                                                      1. Electric Buses and Coaches
                                                                                        1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                          1. Electric Trucks and Tippers
                                                                                            1. Trailers
                                                                                            2. Europe Electric Commercial Vehicle Market, By Propulsion Type
                                                                                              1. Battery Electric Vehicle (BEV)
                                                                                                1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                  1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                  2. Europe Electric Commercial Vehicle Market, By End‑User
                                                                                                    1. Last‑mile Delivery
                                                                                                      1. Logistics and Freight
                                                                                                        1. Public Transport
                                                                                                          1. Construction and Mining
                                                                                                            1. Refuse / Municipal
                                                                                                            2. U.K.
                                                                                                              1. U.K. Electric Commercial Vehicle Market, By Component
                                                                                                                1. Electric Vehicle Battery
                                                                                                                  1. Electric Motor
                                                                                                                    1. Propulsion System / Power Electronics
                                                                                                                      1. Thermal Management System
                                                                                                                        1. Others (semiconductors, charging equipment)
                                                                                                                        2. U.K. Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                          1. Electric Buses and Coaches
                                                                                                                            1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                              1. Electric Trucks and Tippers
                                                                                                                                1. Trailers
                                                                                                                                2. U.K. Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                  1. Battery Electric Vehicle (BEV)
                                                                                                                                    1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                      1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                      2. U.K. Electric Commercial Vehicle Market, By End‑User
                                                                                                                                        1. Last‑mile Delivery
                                                                                                                                          1. Logistics and Freight
                                                                                                                                            1. Public Transport
                                                                                                                                              1. Construction and Mining
                                                                                                                                                1. Refuse / Municipal
                                                                                                                                              2. Germany
                                                                                                                                              3. France
                                                                                                                                              4. Spain
                                                                                                                                              5. Italy
                                                                                                                                              6. Russia
                                                                                                                                              7. Nordic
                                                                                                                                              8. Benelux
                                                                                                                                              9. Rest of Europe
                                                                                                                                            2. APAC
                                                                                                                                              1. APAC Electric Commercial Vehicle Market, By Component
                                                                                                                                                1. Electric Vehicle Battery
                                                                                                                                                  1. Electric Motor
                                                                                                                                                    1. Propulsion System / Power Electronics
                                                                                                                                                      1. Thermal Management System
                                                                                                                                                        1. Others (semiconductors, charging equipment)
                                                                                                                                                        2. APAC Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                          1. Electric Buses and Coaches
                                                                                                                                                            1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                              1. Electric Trucks and Tippers
                                                                                                                                                                1. Trailers
                                                                                                                                                                2. APAC Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                  1. Battery Electric Vehicle (BEV)
                                                                                                                                                                    1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                      1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                      2. APAC Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                        1. Last‑mile Delivery
                                                                                                                                                                          1. Logistics and Freight
                                                                                                                                                                            1. Public Transport
                                                                                                                                                                              1. Construction and Mining
                                                                                                                                                                                1. Refuse / Municipal
                                                                                                                                                                                2. China
                                                                                                                                                                                  1. China Electric Commercial Vehicle Market, By Component
                                                                                                                                                                                    1. Electric Vehicle Battery
                                                                                                                                                                                      1. Electric Motor
                                                                                                                                                                                        1. Propulsion System / Power Electronics
                                                                                                                                                                                          1. Thermal Management System
                                                                                                                                                                                            1. Others (semiconductors, charging equipment)
                                                                                                                                                                                            2. China Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                                                              1. Electric Buses and Coaches
                                                                                                                                                                                                1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                                                                  1. Electric Trucks and Tippers
                                                                                                                                                                                                    1. Trailers
                                                                                                                                                                                                    2. China Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                                                      1. Battery Electric Vehicle (BEV)
                                                                                                                                                                                                        1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                                                          1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                                                          2. China Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                                                            1. Last‑mile Delivery
                                                                                                                                                                                                              1. Logistics and Freight
                                                                                                                                                                                                                1. Public Transport
                                                                                                                                                                                                                  1. Construction and Mining
                                                                                                                                                                                                                    1. Refuse / Municipal
                                                                                                                                                                                                                  2. Korea
                                                                                                                                                                                                                  3. Japan
                                                                                                                                                                                                                  4. India
                                                                                                                                                                                                                  5. Australia
                                                                                                                                                                                                                  6. Taiwan
                                                                                                                                                                                                                  7. South East Asia
                                                                                                                                                                                                                  8. Rest of Asia-Pacific
                                                                                                                                                                                                                2. Middle East and Africa
                                                                                                                                                                                                                  1. Middle East and Africa Electric Commercial Vehicle Market, By Component
                                                                                                                                                                                                                    1. Electric Vehicle Battery
                                                                                                                                                                                                                      1. Electric Motor
                                                                                                                                                                                                                        1. Propulsion System / Power Electronics
                                                                                                                                                                                                                          1. Thermal Management System
                                                                                                                                                                                                                            1. Others (semiconductors, charging equipment)
                                                                                                                                                                                                                            2. Middle East and Africa Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                                                                                              1. Electric Buses and Coaches
                                                                                                                                                                                                                                1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                                                                                                  1. Electric Trucks and Tippers
                                                                                                                                                                                                                                    1. Trailers
                                                                                                                                                                                                                                    2. Middle East and Africa Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                                                                                      1. Battery Electric Vehicle (BEV)
                                                                                                                                                                                                                                        1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                                                                                          1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                                                                                          2. Middle East and Africa Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                                                                                            1. Last‑mile Delivery
                                                                                                                                                                                                                                              1. Logistics and Freight
                                                                                                                                                                                                                                                1. Public Transport
                                                                                                                                                                                                                                                  1. Construction and Mining
                                                                                                                                                                                                                                                    1. Refuse / Municipal
                                                                                                                                                                                                                                                    2. UAE
                                                                                                                                                                                                                                                      1. UAE Electric Commercial Vehicle Market, By Component
                                                                                                                                                                                                                                                        1. Electric Vehicle Battery
                                                                                                                                                                                                                                                          1. Electric Motor
                                                                                                                                                                                                                                                            1. Propulsion System / Power Electronics
                                                                                                                                                                                                                                                              1. Thermal Management System
                                                                                                                                                                                                                                                                1. Others (semiconductors, charging equipment)
                                                                                                                                                                                                                                                                2. UAE Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                                                                                                                                  1. Electric Buses and Coaches
                                                                                                                                                                                                                                                                    1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                                                                                                                                      1. Electric Trucks and Tippers
                                                                                                                                                                                                                                                                        1. Trailers
                                                                                                                                                                                                                                                                        2. UAE Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                                                                                                                          1. Battery Electric Vehicle (BEV)
                                                                                                                                                                                                                                                                            1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                                                                                                                              1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                                                                                                                              2. UAE Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                                                                                                                                1. Last‑mile Delivery
                                                                                                                                                                                                                                                                                  1. Logistics and Freight
                                                                                                                                                                                                                                                                                    1. Public Transport
                                                                                                                                                                                                                                                                                      1. Construction and Mining
                                                                                                                                                                                                                                                                                        1. Refuse / Municipal
                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                      1. LATAM Electric Commercial Vehicle Market, By Component
                                                                                                                                                                                                                                                                                        1. Electric Vehicle Battery
                                                                                                                                                                                                                                                                                          1. Electric Motor
                                                                                                                                                                                                                                                                                            1. Propulsion System / Power Electronics
                                                                                                                                                                                                                                                                                              1. Thermal Management System
                                                                                                                                                                                                                                                                                                1. Others (semiconductors, charging equipment)
                                                                                                                                                                                                                                                                                                2. LATAM Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                                                                                                                                                                  1. Electric Buses and Coaches
                                                                                                                                                                                                                                                                                                    1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                                                                                                                                                                      1. Electric Trucks and Tippers
                                                                                                                                                                                                                                                                                                        1. Trailers
                                                                                                                                                                                                                                                                                                        2. LATAM Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                                                                                                                                                          1. Battery Electric Vehicle (BEV)
                                                                                                                                                                                                                                                                                                            1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                                                                                                                                                              1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                                                                                                                                                              2. LATAM Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                                                                                                                                                                1. Last‑mile Delivery
                                                                                                                                                                                                                                                                                                                  1. Logistics and Freight
                                                                                                                                                                                                                                                                                                                    1. Public Transport
                                                                                                                                                                                                                                                                                                                      1. Construction and Mining
                                                                                                                                                                                                                                                                                                                        1. Refuse / Municipal
                                                                                                                                                                                                                                                                                                                        2. Brazil
                                                                                                                                                                                                                                                                                                                          1. Brazil Electric Commercial Vehicle Market, By Component
                                                                                                                                                                                                                                                                                                                            1. Electric Vehicle Battery
                                                                                                                                                                                                                                                                                                                              1. Electric Motor
                                                                                                                                                                                                                                                                                                                                1. Propulsion System / Power Electronics
                                                                                                                                                                                                                                                                                                                                  1. Thermal Management System
                                                                                                                                                                                                                                                                                                                                    1. Others (semiconductors, charging equipment)
                                                                                                                                                                                                                                                                                                                                    2. Brazil Electric Commercial Vehicle Market, By Vehicle Type
                                                                                                                                                                                                                                                                                                                                      1. Electric Buses and Coaches
                                                                                                                                                                                                                                                                                                                                        1. Electric Light Commercial Vehicles (Vans, Pickup Trucks)
                                                                                                                                                                                                                                                                                                                                          1. Electric Trucks and Tippers
                                                                                                                                                                                                                                                                                                                                            1. Trailers
                                                                                                                                                                                                                                                                                                                                            2. Brazil Electric Commercial Vehicle Market, By Propulsion Type
                                                                                                                                                                                                                                                                                                                                              1. Battery Electric Vehicle (BEV)
                                                                                                                                                                                                                                                                                                                                                1. Fuel Cell Electric Vehicle (FCEV)
                                                                                                                                                                                                                                                                                                                                                  1. Hybrid Electric Vehicle / Plug‑in Hybrid Electric Vehicle (HEV/PHEV)
                                                                                                                                                                                                                                                                                                                                                  2. Brazil Electric Commercial Vehicle Market, By End‑User
                                                                                                                                                                                                                                                                                                                                                    1. Last‑mile Delivery
                                                                                                                                                                                                                                                                                                                                                      1. Logistics and Freight
                                                                                                                                                                                                                                                                                                                                                        1. Public Transport
                                                                                                                                                                                                                                                                                                                                                          1. Construction and Mining
                                                                                                                                                                                                                                                                                                                                                            1. Refuse / Municipal
                                                                                                                                                                                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                                                                                                                                                                                          4. Chile
                                                                                                                                                                                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                                                                                                                                                                                          6. Rest of LATAM

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