Electric Delivery Vans Sector: Growth Drivers and Challenges
Growth Drivers
- Growing Emphasis of Government on Electrification of Public Transport Fleet
- Increasing Demand for Emission-Free Delivery Vans
Challenges
- Limited Battery Capacity of Electric Delivery Vans
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Electric Delivery Vans Market size is set to register over 16.6% CAGR during the forecast period i.e., between 2025-2037.
The market growth is driven by growing emphasis of government on electrification of public transport fleet and increasing demand for emission-free delivery vans.
North America industry is likely to account for largest revenue share by 2037, on the back of rising technological advancements in electric vehicles, and high awareness levels about fossil fuel emissions.
The major players in the market are Rivian SCANIA AB, Dongfeng Motor Group Co., Ltd, BYD Company Ltd, DAIMLER AG, and others.
