Electric Delivery Vans Market Trends

On the basis of geographical analysis, the global electric delivery vans market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. The market in the North America region is estimated to grab the largest share and witness noteworthy growth over the forecast period on the back of the rising technological advancements in electric vehicles, and high awareness levels about fossil fuel emissions. In addition, intensifying government support regarding electrification of delivery trucks is also evaluated to boost market growth in the coming years. Furthermore, the market in Europe is also assessed to occupy significant market share during the forecast period ascribing to favorable government policies associated with the manufacture of green vehicles and the strong presence of electric vehicle companies in the region. As per the European Environment Agency, the uptake of electric vans increased in Europe, from 0.8 % of total registrations in 2018 to 1.3 % in 2019. In 2019, electric car registrations were close to 550,000 units, having reached 300,000 units in 2018.

The global electric delivery vans market is further classified on the basis of region as follows:

• North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
• Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
• Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
• Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis