Product Code: ETC173874 | Publication Date: Jan 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia Electric Commercial Vehicle market currently, in 2023, has witnessed an HHI of 6151, Which has decreased substantially as compared to the HHI of 8600 in 2017. The market is moving towards Highly concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The electric commercial vehicle market in Australia is witnessing significant growth driven by the increasing emphasis on sustainability and environmental regulations. With the transportation sector being a major contributor to carbon emissions, there is a growing interest in electric vehicles (EVs) as a cleaner alternative to traditional combustion engine vehicles. Government incentives, subsidies, and regulations promoting the adoption of electric vehicles play a pivotal role in shaping the market landscape. Additionally, advancements in battery technology, infrastructure development for charging stations, and the expanding range of electric commercial vehicle models contribute to the market`s growth trajectory. As businesses prioritize sustainability goals and seek to reduce operational costs, the demand for electric commercial vehicles in Australia is expected to continue rising.
The electric commercial vehicle market in Australia is being driven by several factors. Firstly, there is an increasing emphasis on sustainability and reducing carbon emissions in the transportation sector. Government initiatives aimed at promoting electric vehicles (EVs), such as subsidies and incentives, are also playing a significant role. Additionally, rising fuel prices and a growing awareness of the environmental impact of traditional fossil fuel-powered vehicles are driving demand for electric alternatives. Moreover, improvements in battery technology and charging infrastructure are making electric commercial vehicles more viable options for businesses looking to transition to greener transportation solutions. Overall, these factors are contributing to the growth of the electric commercial vehicle market in Australia.
One significant challenge facing the electric commercial vehicle market in Australia is the lack of infrastructure to support widespread adoption. While urban centers may have charging stations, long-haul routes and regional areas often lack adequate charging infrastructure, limiting the practicality of electric commercial vehicles for many businesses.
Government policies in Australia significantly influence the electric commercial vehicle market, particularly concerning transportation regulations, emissions standards, and incentives for electric vehicle adoption. Policies promoting sustainable transportation and reducing greenhouse gas emissions drive demand for electric commercial vehicles, such as electric buses, trucks, and vans. Government agencies may offer financial incentives, tax credits, or subsidies to encourage fleet operators and businesses to transition to electric vehicles, thereby supporting market growth. Additionally, regulations regarding vehicle standards, charging infrastructure development, and grid integration impact the deployment and operation of electric commercial vehicles in Australia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Electric Commercial Vehicle Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Electric Commercial Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Electric Commercial Vehicle Market - Industry Life Cycle |
3.4 Australia Electric Commercial Vehicle Market - Porter's Five Forces |
3.5 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.6 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.8 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.9 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
3.10 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By End-user, 2021 & 2031F |
3.11 Australia Electric Commercial Vehicle Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 Australia Electric Commercial Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Increasing awareness and concern for environmental sustainability |
4.2.3 Advances in battery technology leading to improved range and performance |
4.3 Market Restraints |
4.3.1 High initial purchase cost of electric commercial vehicles |
4.3.2 Limited charging infrastructure in certain regions |
4.3.3 Longer refueling time compared to traditional vehicles |
5 Australia Electric Commercial Vehicle Market Trends |
6 Australia Electric Commercial Vehicle Market, By Types |
6.1 Australia Electric Commercial Vehicle Market, By Propulsion Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Propulsion Type, 2021-2031F |
6.1.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By BEV, 2021-2031F |
6.1.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By PHEV, 2021-2031F |
6.1.5 Australia Electric Commercial Vehicle Market Revenues & Volume, By FCEV, 2021-2031F |
6.2 Australia Electric Commercial Vehicle Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Bus, 2021-2031F |
6.2.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Truck, 2021-2031F |
6.2.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Pick-up Truck, 2021-2031F |
6.2.5 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Van, 2021-2031F |
6.3 Australia Electric Commercial Vehicle Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Lithium-iron-phosphate (LFP), 2021-2031F |
6.3.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By Lithium-nickel-manganese-cobalt oxide (NMC), 2021-2031F |
6.3.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By Others, 2021-2031F |
6.4 Australia Electric Commercial Vehicle Market, By Battery Capacity |
6.4.1 Overview and Analysis |
6.4.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By less than 50 kWh, 2021-2031F |
6.4.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By 50??250 kWh, 2021-2031F |
6.4.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By above 250 kWh, 2021-2031F |
6.5 Australia Electric Commercial Vehicle Market, By Power Output |
6.5.1 Overview and Analysis |
6.5.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By less than 100 KW,, 2021-2031F |
6.5.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By 100??250 KW, 2021-2031F |
6.5.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By Above 250 KW, 2021-2031F |
6.6 Australia Electric Commercial Vehicle Market, By End-user |
6.6.1 Overview and Analysis |
6.6.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Last Mile Delivery, 2021-2031F |
6.6.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By Distribution Service, 2021-2031F |
6.6.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By Field Service, 2021-2031F |
6.6.5 Australia Electric Commercial Vehicle Market Revenues & Volume, By Refuse Service, 2021-2031F |
6.6.6 Australia Electric Commercial Vehicle Market Revenues & Volume, By Long Haul Transportation, 2021-2031F |
6.7 Australia Electric Commercial Vehicle Market, By Component |
6.7.1 Overview and Analysis |
6.7.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Motor, 2021-2031F |
6.7.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By EV Battery, 2021-2031F |
6.7.4 Australia Electric Commercial Vehicle Market Revenues & Volume, By , 2021-2031F |
6.8 Australia Electric Commercial Vehicle Market, By Autonomous Vehicles |
6.8.1 Overview and Analysis |
6.8.2 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Autonomous Truck, 2021-2031F |
6.8.3 Australia Electric Commercial Vehicle Market Revenues & Volume, By Electric Autonomous Bus, 2021-2031F |
7 Australia Electric Commercial Vehicle Market Import-Export Trade Statistics |
7.1 Australia Electric Commercial Vehicle Market Export to Major Countries |
7.2 Australia Electric Commercial Vehicle Market Imports from Major Countries |
8 Australia Electric Commercial Vehicle Market Key Performance Indicators |
8.1 Average charging station availability per square mile |
8.2 Percentage increase in electric vehicle registrations year over year |
8.3 Average cost per kilowatt-hour for charging electric vehicles |
9 Australia Electric Commercial Vehicle Market - Opportunity Assessment |
9.1 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.2 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.4 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.5 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Power Output, 2021 & 2031F |
9.6 Australia Electric Commercial Vehicle Market Opportunity Assessment, By End-user, 2021 & 2031F |
9.7 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Component, 2021 & 2031F |
9.7 Australia Electric Commercial Vehicle Market Opportunity Assessment, By Autonomous Vehicles, 2021 & 2031F |
10 Australia Electric Commercial Vehicle Market - Competitive Landscape |
10.1 Australia Electric Commercial Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Australia Electric Commercial Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |