Electric Delivery Vans Market Analysis

The market is segmented based on propulsion type into battery electric truck, hybrid electric truck, plug-in hybrid electric truck, and fuel cell electric truck, out of which, the hybrid electric truck segment is anticipated to hold the largest share in the global electric delivery vans market. This can be accounted to the environment-friendliness, financial benefits, regenerative braking system and low dependence of these vehicles on fossil fuels. Additionally, on the basis of application, the segment for distribution services is predicted to acquire the largest share during the forecast period owing to the growing demand for electric delivery vans in the logistics industry resulting from the rapid expansion of e-commerce services. Apart from these, increase in usage of green vehicles in the distribution services industry is also assessed to drive growth to the market segment in the imminent time.

Our in-depth analysis of the global market includes the following segments: