India Electric Truck Market Outlook (2020-2025) | Size, Share, Growth, Analysis, COVID-19 IMPACT, Forecast, Trends, Industry, Revenue, Value & Companies

Market Forecast By Charger Types (AC and DC), By DC Charger Connector Types (CHAdeMO, CCS, and Others (including Tesla superchargers and GB/T)), By DC Charger Power Ratings (40-80 kW, 80-120 kW, and 120-200 kW), By End Consumers (Public and Private) And Competitive Landscape.

Product Code: ETC174463 Publication Date: Aug 2023 Updated Date: Apr 2024 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 80 No. of Figures: 14 No. of Tables: 8

India Electric Truck Market Shipment Analysis

India Electric Truck Market registered a growth of 22.38% in value shipments in 2022 as compared to 2021 and an increase of 12.06% CAGR in 2022 over a period of 2017. In Electric Truck Market India is becoming less competitive as HHI index in 2022 was 3260 while in 2017 it was 2206. 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 less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Electric Truck Market.

India Electric Truck Market Competition 2023


India Export Potential Assessment For Electric Truck Market (Values in Thousand)


India Electric Truck Market report comprehensively covers the market by-charger types, DC charger connector types, DC charger power ratings, and end consumers. India Electric Truck market report provides an unbiased and detailed analysis of the ongoing 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.

India Electric Truck Market Synopsis

According to NITI Aayog, freight transport in India is road-dominated—accounting for 59% of freight movement. Consequently, commercial vehicles represent a huge market (annual sales of ~650,000 units in FY19, likely to reach 2.0-3.9 million units by 2026, as per the Automotive Mission Plan) and offer substantial opportunities for electrification. However, the incursion of the COVID-19 pandemic has resulted in a slowdown in the economy during the first half of 2020 further obstructing the growth of the electric vehicle market.

According to 6Wresearch, India Electric Truck market size grew at a CAGR of 118.5% during 2020-2025. Many companies such as BharatBenz, TATA, and IPLT are entering the Indian market of electric trucks to cater to the current needs of the end consumers and put a halt on the use of Internal Combustion Engine (ICE) based vehicles as they are a threat to the environment. These companies would also be setting up their own charging stations to provide the required charging infrastructure to the consumers. In addition to this, the electric trucks would be able to run at a top speed of 80-100 kmph with a range of 200-400 kms.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 6 Years Market Numbers.
  • Estimated Data Starting from 2020 to 2025F.
  • Base Year: 2019
  • Forecast Data until 2025F.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • India Electric Truck Market Overview
  • India Electric Truck Market Outlook
  • India Electric Truck Market Forecast
  • Historical Data and Forecast India Electric Truck Market Revenues and Volume for the Period 2019-2025F
  • Historical Data and Forecast of India Electric Truck Market Revenues and Volume, By Vehicle Types, for the Period 2019-2025F
  • Historical Data and Forecast of India Electric Truck Market Revenues and Volume, By Charger Types, for the Period 2019-2025F
  • Historical Data and Forecast of India Electric Truck Market Revenues and Volume, By DC Charger Connector Types, for the Period 2019-2025F
  • Historical Data and Forecast of India Electric Truck Market Revenues and Volume, By DC Charger Power Ratings, for the Period 2019-2025F
  • Historical Data and Forecast of India Electric Truck Market Revenues and Volume, By Charger End Consumers, for the Period 2019-2025F
  • Market Drivers and Restraints
  • Industry Life Cycle
  • Porter’s Five Force Analysis
  • Impact Analysis of COVID-19
  • Market Trends
  • India Vehicle Market Revenue Ranking, By Companies
  • Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Charger Types

  • AC
  • DC

By DC Charger Connector Types

  • CHAdeMO
  • CCS
  • Others (including Tesla superchargers and GB/T)

By DC Charger Power Ratings

  • 40-80 kW
  • 80-120 kW
  • 120-200 kW

By Charger End Consumers

  • Public
  • Private
Frequently Asked Questions About the Market Study (FAQs):
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
1. Introduction
1.1 Market Scope & Segmentation
1.2 Research Methodology – Sources of Information
1.3 Robust Forecasting Model
1.4 Assumptions
2. India Electric Truck Market Overview
2.1. India Electric Truck Market Overview
2.2. India Electric Truck Market Revenues and Volume, 2019-2025F
2.3. India Electric Truck Market Revenue Share, By Types
2.3.3. India Electric Truck Market Revenue and Volume Share, 2019 & 2025F
2.4. India Electric Truck Market Revenues and Volume, 2019-2025F
2.5. India Electric Truck Market Overview, By Types
3. India Electric Truck Charging Infrastructure Market Overview
3.1. India Electric Truck Charger Market Revenues and Volume, 2019-2025F
3.2. India Electric Truck Charger Market Revenue and Volume Share, By Types, 2019 & 2025F
3.2.1. India AC Charger Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F
3.2.2. India DC Charger Electric Vehicle Market Revenue and Volume Share, 2019 & 2025F
3.3. India Electric Truck Charger Market Revenues and Volume, By Type 2019-2025F
3.3.1. India AC Charger Electric Vehicle Market Revenues and Volume, 2019 & 2025F
3.3.2. India DC Charger Electric Vehicle Market Revenues and Volume, 2019 & 2025F
3.4. India Electric Truck Charger Market Volume Share, By End Consumers, 2019 & 2025F
3.4.1. India Public End Consumer Electric Bus Charger Market Volume, 2016-2025F
3.4.1. India Private End Consumer Electric Bus Charger Market Volume, 2016-2025F
3.5. India DC Charger Market Volume Share, By Connector Types, 2019 & 2025F
3.5.1. India CHAdeMO DC Electric Bus Charger Market Volume, 2016-2025F
3.5.2. India CCS DC Electric Bus Charger Market Volume, 2016-2025F
3.5.3. India Other DC Electric Bus Charger Market Volume, 2016-2025F
3.6. India DC Charger Market Volume Share, By Power Rating, 2019 & 2025F
3.6.1. India 40-80 kW DC Electric Vehicle Charger Market Volume, 2016-2025F
3.6.2. India 80-120 kW DC Electric Vehicle Charger Market Volume, 2016-2025F
3.6.3. India 120-200 kW DC Electric Vehicle Charger Market Volume, 2016-2025F
3.7. India Electric Truck High Power Charger Market Volume, 2022F-2025F
3.8. India Electric Truck Charging Infrastructure - Ecosystem
4. India Electric Truck Competitive Landscape
4.1. India Electric Truck Charger Volume, By Company, 2019
4.2. India Electric Truck Charger Market Volume Share, By Company, 2019
5. Company Profiles
6. Disclaimer
 
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: ETC174463 Publication Date: Jan 2022 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 70 No. of Figures: 35 No. of Tables: 5

Key Highlights of the Report:

  • India Electric Truck Market Outlook
  • Market Size of India Electric Truck Market, 2021
  • Forecast of India Electric Truck Market, 2028
  • Historical Data and Forecast of India Electric Truck Revenues & Volume for the Period 2018 - 2028
  • India Electric Truck Market Trend Evolution
  • India Electric Truck Market Drivers and Challenges
  • India Electric Truck Price Trends
  • India Electric Truck Porter's Five Forces
  • India Electric Truck Industry Life Cycle
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Propulsion Type for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By BEV for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By PHEV for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By FCEV for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Type for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Light Duty Trucks for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Medium Duty Trucks for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Heavy Duty Trucks for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By End User for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Last Mile Delivery for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Long Haul Transportation for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Refuse Services for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Field Services for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Distribution services for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Range for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Upto 200 Miles for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By  Above 200 Miles for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Battery Capacity for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Less Than 50kwh for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By 50-250 Kwh for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Above 250 Kwh for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Payload Capacity for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By  Upto 10,000 lbs for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By 10,001-26,000 lbs for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Above 26,001 lbs for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Level of Automation for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Semi-autonomous for the Period 2018 - 2028
  • Historical Data and Forecast of India Electric Truck Market Revenues & Volume By Autonomous for the Period 2018 - 2028
  • India Electric Truck Import Export Trade Statistics
  • Market Opportunity Assessment By Propulsion Type
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End User
  • Market Opportunity Assessment By Range
  • Market Opportunity Assessment By Battery Capacity
  • Market Opportunity Assessment By Payload Capacity
  • Market Opportunity Assessment By Level of Automation
  • India Electric Truck Top Companies Market Share
  • India Electric Truck Competitive Benchmarking By Technical and Operational Parameters
  • India Electric Truck Company Profiles
  • India Electric Truck Key Strategic Recommendations
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