| Product Code: ETC5871414 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada electric utility vehicle market experienced a notable increase in imports from 2020 to 2024, with a compound annual growth rate (CAGR) of 21.57%. In particular, there was a significant year-on-year growth rate of -31.51% from 2023 to 2024, contributing to the overall upward trend in imports during this period.

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 Canada Electric Utility Vehicle Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Electric Utility Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Electric Utility Vehicle Market - Industry Life Cycle |
3.4 Canada Electric Utility Vehicle Market - Porter's Five Forces |
3.5 Canada Electric Utility Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Canada Electric Utility Vehicle Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Canada Electric Utility Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
4 Canada Electric Utility Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives promoting clean energy and sustainability |
4.2.2 Growing awareness about environmental conservation and reducing carbon footprint |
4.2.3 Rising demand for electric vehicles in urban areas due to lower operating costs compared to traditional vehicles |
4.3 Market Restraints |
4.3.1 High initial cost of electric utility vehicles compared to conventional vehicles |
4.3.2 Limited charging infrastructure in certain regions impacting adoption rates |
4.3.3 Range anxiety among consumers due to limited driving range of electric utility vehicles |
5 Canada Electric Utility Vehicle Market Trends |
6 Canada Electric Utility Vehicle Market Segmentations |
6.1 Canada Electric Utility Vehicle Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Electric Utility Vehicle Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Canada Electric Utility Vehicle Market Revenues & Volume, By Lithium-Ion, 2021-2031F |
6.2 Canada Electric Utility Vehicle Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Electric Utility Vehicle Market Revenues & Volume, By 2WD, 2021-2031F |
6.2.3 Canada Electric Utility Vehicle Market Revenues & Volume, By 4WD, 2021-2031F |
6.2.4 Canada Electric Utility Vehicle Market Revenues & Volume, By AWD, 2021-2031F |
6.3 Canada Electric Utility Vehicle Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 Canada Electric Utility Vehicle Market Revenues & Volume, By Pure Electric, 2021-2031F |
6.3.3 Canada Electric Utility Vehicle Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
7 Canada Electric Utility Vehicle Market Import-Export Trade Statistics |
7.1 Canada Electric Utility Vehicle Market Export to Major Countries |
7.2 Canada Electric Utility Vehicle Market Imports from Major Countries |
8 Canada Electric Utility Vehicle Market Key Performance Indicators |
8.1 Average charging station density per 100 km of road network |
8.2 Percentage increase in government incentives for electric vehicle adoption |
8.3 Growth in number of electric utility vehicle models available in the market |
9 Canada Electric Utility Vehicle Market - Opportunity Assessment |
9.1 Canada Electric Utility Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Canada Electric Utility Vehicle Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Canada Electric Utility Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10 Canada Electric Utility Vehicle Market - Competitive Landscape |
10.1 Canada Electric Utility Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Canada Electric Utility Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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