Zero Emission Trucks Market - Top Companies and Manufacturers

  • Report ID: 6492
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Companies Dominating the Zero Emission Trucks Landscape

    The competitive landscape of the zero emission trucks market is rapidly evolving as established key players, automotive giants and new entrants are investing in electrification and hydrogen technologies. Key players in the zero emission trucks market are focused on developing new technologies and products catering to the stringent regulatory norms and consumer demand.  These key players are adopting several strategies such as mergers and acquisitions, joint ventures, partnerships, and novel product launches to enhance their product base and strengthen their market position. Here are some key players operating in the global zero emission trucks market:

    • Daimler AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Tesla
    • Volvo Group
    • PACCAR
    • Faw Jiefang Group
    • Shaanxi Heavy Duty Automobile
    • Toyota Motor Corporation
    • Cummins Inc.
    • BYD Company Limited

Browse Key Market Insights with Data Illustration:

In the News

  • In September 2024, Volvo announced its plan to launch its FH Electric truck that can travel 600 km in one recharge. The company plans to launch the vehicle during the second half of 2025.
  • In October 2024, Volvo Trucks released an update on developing hydrogen-powered trucks. The on-road tests are set to begin in 2026 and the commercial launch will occur towards the end of the decade.

Author Credits:  Saima Khursheed


  • Report ID: 6492
  • Published Date: Oct 01, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The zero emission trucks market size was USD 8.1 billion in 2024.

The global zero emission trucks market size was estimated at USD 8.1 billion in 2024 and is expected to reach USD 185.2 billion by the end of 2037, expanding at a CAGR of 29.8% during the forecast period, i.e. 2025-2037.

Tesla, Volvo Group, PACCAR, Faw Jiefang Group, Shaanxi Heavy Duty Automobile, Toyota Motor Corporation, Cummins Inc., and BYD Company Limited are some key players operating in the global zero-emission truck market.

The electric heavy-duty trucks segment is expected to account for the largest revenue share of 59.1% during the forecast period owing to high demand for heavy-duty trucks in freights.

North America is expected to open lucrative opportunities in the coming years.
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