Global Electric Vehicles Market To Hit $44.3Bn By 2030 – Analysts

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New researches by experts have indicated that the global goods and parcels’ electric delivery vehicles market could reach US$ 44.3 billion by 2030, with an annual growth rate of more than 18.5 percent.

In RationalStat’s latest industry analysis, the Global Electric Delivery Vehicles Market value is US$ 13.5 billion in 2023 and is expected to rise at a strong Compound Annual Growth Rate, CAGR of over 18.5 per cent over the forecast period of 2023-2030

Unlike traditional delivery trucks, which use internal combustion engines powered by fossil fuels, electric delivery cars employ rechargeable batteries for energy storage. These vehicles are essential in the logistics and transportation industries.

According to a deep-dive market assessment by RationalStat, the global electric delivery vehicles market has been analyzed on the basis of market segments, including vehicle type, range, payload capacity, end user industry, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific).

The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

Market intelligence for the global electric delivery vehicles market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

Also, the report covers the long-term sector and products/services 10-year outlook and its implications on the global electric delivery vehicles market and includes the industry’s current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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