Market Forecast By Propulsion Type (BEV, PHEV, FCEV), By Type (Light Duty Trucks, Medium Duty Trucks, Heavy Duty Trucks), By End User (Last Mile Delivery, Long Haul Transportation, Refuse Services, Field Services, Distribution services), By Range (Upto 200 Miles, Above 200 Miles), By Battery Capacity (Less Than 50kwh, 50-250 Kwh, Above 250 Kwh), By Payload Capacity (Upto 10,000 lbs, 10,001-26,000 lbs, Above 26,001 lbs), By Level of Automation (Semi-autonomous, Autonomous) And Competitive Landscape
Product Code: ETC174474 | Publication Date: Jan 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Electric Truck Market |
Forecast period | 2025-2031 |
CAGR | 5.88% |
Growing Sector | Transport |
Australia Electric Truck Market report thoroughly covers the market by Propulsion type, type, end -user, Range, battery Capacity, Payload Capacity and Level of Automation. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Electric Truck Market is expected to experience significant growth in the coming years. Government support and investments, advancements in technology, and an increasing demand for sustainable transportation are all contributing factors. With these developments, it is only a matter of time before electric trucks become a common sight on Australian roads. So, it is important for stakeholders in the transportation industry to stay updated and adapt to the changing landscape of electric trucks. Whether it is investing in new technology, developing sustainable practices, or exploring new market opportunities, companies must be proactive in order to thrive in this evolving market.
According to 6Wresearch, the Australia Electric Truck Market size is projected to grow at the CAGR of 5.88% during the forecast period of 2025-2031. The increasing concern for environmental sustainability is a major factor driving the growth of the Australia electric truck market. With stricter regulations on emissions, there is a rising demand for cleaner and more efficient transportation options. Moreover, with advancements in technology, electric trucks are becoming more affordable and offering longer driving ranges. This is attracting more fleet operators and businesses to switch to electric trucks, further boosting the market growth. Despite the promising growth of the Australia electric truck market, there are also challenges that need to be addressed. One major challenge is the lack of charging infrastructure in the country. This poses a limitation on long-distance travel and may deter potential buyers. However, this challenge presents an opportunity for investment in charging infrastructure and partnerships between the government and private companies. This can help accelerate the adoption of electric trucks and fuel the market growth. One of the latest trends in the Australia electric truck Industry is the development of smart and connected trucks. These trucks are equipped with advanced technology such as telematics, sensors, and GPS tracking systems to improve efficiency and performance.
Another innovation in this market is the development of battery swapping technology. This allows for quick and convenient battery replacements, addressing concerns about charging infrastructure. Furthermore, there is a growing trend towards renewable energy sources for powering electric trucks. This includes solar-powered charging stations and the use of sustainable materials in truck manufacturing
The Australian government has introduced a range of policies and schemes aimed at promoting the adoption of electric vehicles (EVs), including electric trucks. Key incentives include tax rebates, grants for EV infrastructure development, and research funding for electric vehicle technology. The government's commitment is evident in its "Future Fuels and Vehicles Strategy," aimed at reducing emissions from the transport sector and encouraging the uptake of EVs across the country. This strategy includes substantial investments in charging infrastructure, making it easier for businesses and consumers to switch to electric trucks.
Companies like SEA Electric, an Australian-based global automotive technology company, have been at the forefront leading to major rise in Australia Electric Truck Market Share, offering a range of fully electric trucks suited for various industries. International manufacturers such as Tesla and BYD are also making inroads into the Australian market with their electric truck offerings. Additionally, traditional automotive giants like Volvo and Mercedes-Benz are adapting their global electric truck models for the Australian market, recognizing the growing demand for sustainable transport solutions. These leading players are not only providing electric trucks but are also investing in the development of a supportive ecosystem, including charging infrastructure and after-sales services, to accelerate the adoption of electric trucks in Australia.
The future looks bright for the Electric truck market in Australia. With government initiatives and investments in charging infrastructure, as well as advancements in technology, the market is expected to continue its growth trajectory. Moreover, with increasing concerns over emissions and environmental impact, there is a growing demand for zero-emission vehicles. This further drives the adoption of electric trucks and opens up opportunities for new players in the market.
According to Shivankar, Research Manager, 6Wresearch, the medium duty trucks segment is expected to witness the highest growth in the coming years. This can be attributed to the increasing demand for electric trucks in industries such as logistics and delivery, construction, and waste management, which primarily require medium duty trucks for their operations.
The heavy-duty truck segment is expected to experience the highest growth in the Australia electric truck market. This can be attributed to the increasing demand for sustainable transportation solutions in industries such as mining, construction, and logistics that rely heavily on large trucks for their operations
The report offers a comprehensive study of the subsequent market segments:
By Payload Capacity
By Level Of Automation
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 Truck Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Electric Truck Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Electric Truck Market - Industry Life Cycle |
3.4 Australia Electric Truck Market - Porter's Five Forces |
3.5 Australia Electric Truck Market Revenues & Volume Share, By Propulsion Type, 2021 & 2031F |
3.6 Australia Electric Truck Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Australia Electric Truck Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Australia Electric Truck Market Revenues & Volume Share, By Range, 2021 & 2031F |
3.9 Australia Electric Truck Market Revenues & Volume Share, By Battery Capacity, 2021 & 2031F |
3.10 Australia Electric Truck Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.11 Australia Electric Truck Market Revenues & Volume Share, By Level of Automation, 2021 & 2031F |
4 Australia Electric Truck Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Electric Truck Market Trends |
6 Australia Electric Truck Market, By Types |
6.1 Australia Electric Truck Market, By Propulsion Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Electric Truck Market Revenues & Volume, By Propulsion Type, 2021-2031F |
6.1.3 Australia Electric Truck Market Revenues & Volume, By BEV, 2021-2031F |
6.1.4 Australia Electric Truck Market Revenues & Volume, By PHEV, 2021-2031F |
6.1.5 Australia Electric Truck Market Revenues & Volume, By FCEV, 2021-2031F |
6.2 Australia Electric Truck Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Australia Electric Truck Market Revenues & Volume, By Light Duty Trucks, 2021-2031F |
6.2.3 Australia Electric Truck Market Revenues & Volume, By Medium Duty Trucks, 2021-2031F |
6.2.4 Australia Electric Truck Market Revenues & Volume, By Heavy Duty Trucks, 2021-2031F |
6.3 Australia Electric Truck Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Australia Electric Truck Market Revenues & Volume, By Last Mile Delivery, 2021-2031F |
6.3.3 Australia Electric Truck Market Revenues & Volume, By Long Haul Transportation, 2021-2031F |
6.3.4 Australia Electric Truck Market Revenues & Volume, By Refuse Services, 2021-2031F |
6.3.5 Australia Electric Truck Market Revenues & Volume, By Field Services, 2021-2031F |
6.3.6 Australia Electric Truck Market Revenues & Volume, By Distribution services, 2021-2031F |
6.4 Australia Electric Truck Market, By Range |
6.4.1 Overview and Analysis |
6.4.2 Australia Electric Truck Market Revenues & Volume, By Upto 200 Miles, 2021-2031F |
6.4.3 Australia Electric Truck Market Revenues & Volume, By Above 200 Miles, 2021-2031F |
6.5 Australia Electric Truck Market, By Battery Capacity |
6.5.1 Overview and Analysis |
6.5.2 Australia Electric Truck Market Revenues & Volume, By Less Than 50kwh, 2021-2031F |
6.5.3 Australia Electric Truck Market Revenues & Volume, By 50-250 Kwh, 2021-2031F |
6.5.4 Australia Electric Truck Market Revenues & Volume, By Above 250 Kwh, 2021-2031F |
6.6 Australia Electric Truck Market, By Payload Capacity |
6.6.1 Overview and Analysis |
6.6.2 Australia Electric Truck Market Revenues & Volume, By Upto 10,000 lbs, 2021-2031F |
6.6.3 Australia Electric Truck Market Revenues & Volume, By 10,001-26,000 lbs, 2021-2031F |
6.6.4 Australia Electric Truck Market Revenues & Volume, By Above 26,001 lbs, 2021-2031F |
6.7 Australia Electric Truck Market, By Level of Automation |
6.7.1 Overview and Analysis |
6.7.2 Australia Electric Truck Market Revenues & Volume, By Semi-autonomous, 2021-2031F |
6.7.3 Australia Electric Truck Market Revenues & Volume, By Autonomous, 2021-2031F |
7 Australia Electric Truck Market Import-Export Trade Statistics |
7.1 Australia Electric Truck Market Export to Major Countries |
7.2 Australia Electric Truck Market Imports from Major Countries |
8 Australia Electric Truck Market Key Performance Indicators |
9 Australia Electric Truck Market - Opportunity Assessment |
9.1 Australia Electric Truck Market Opportunity Assessment, By Propulsion Type, 2021 & 2031F |
9.2 Australia Electric Truck Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Australia Electric Truck Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Australia Electric Truck Market Opportunity Assessment, By Range, 2021 & 2031F |
9.5 Australia Electric Truck Market Opportunity Assessment, By Battery Capacity, 2021 & 2031F |
9.6 Australia Electric Truck Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.7 Australia Electric Truck Market Opportunity Assessment, By Level of Automation, 2021 & 2031F |
10 Australia Electric Truck Market - Competitive Landscape |
10.1 Australia Electric Truck Market Revenue Share, By Companies, 2024 |
10.2 Australia Electric Truck Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |