| Product Code: ETC5871447 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Israeli electric utility vehicle import market continues to show significant growth, with top exporting countries in 2024 being China, Singapore, USA, Netherlands, and others. The high Herfindahl-Hirschman Index (HHI) concentration in 2023 has transitioned to a high concentration in 2024, indicating a competitive market. The impressive compound annual growth rate (CAGR) of 32.47% from 2020 to 2024 highlights the increasing demand for electric utility vehicles in Israel. Moreover, the growth rate of 22.9% from 2023 to 2024 suggests a sustained momentum in the market, offering opportunities for both local and international players.

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 Israel Electric Utility Vehicle Market Overview |
3.1 Israel Country Macro Economic Indicators |
3.2 Israel Electric Utility Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 Israel Electric Utility Vehicle Market - Industry Life Cycle |
3.4 Israel Electric Utility Vehicle Market - Porter's Five Forces |
3.5 Israel Electric Utility Vehicle Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
3.6 Israel Electric Utility Vehicle Market Revenues & Volume Share, By Drive Type, 2021 & 2031F |
3.7 Israel Electric Utility Vehicle Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
4 Israel Electric Utility Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government incentives and subsidies for electric vehicles |
4.2.2 Growing environmental awareness and focus on reducing carbon emissions |
4.2.3 Increasing need for sustainable transportation solutions in urban areas |
4.3 Market Restraints |
4.3.1 High initial cost of electric utility vehicles compared to traditional vehicles |
4.3.2 Limited charging infrastructure for electric vehicles in Israel |
4.3.3 Range anxiety among consumers due to limited driving range of electric vehicles |
5 Israel Electric Utility Vehicle Market Trends |
6 Israel Electric Utility Vehicle Market Segmentations |
6.1 Israel Electric Utility Vehicle Market, By Battery Type |
6.1.1 Overview and Analysis |
6.1.2 Israel Electric Utility Vehicle Market Revenues & Volume, By Lead Acid, 2021-2031F |
6.1.3 Israel Electric Utility Vehicle Market Revenues & Volume, By Lithium-Ion, 2021-2031F |
6.2 Israel Electric Utility Vehicle Market, By Drive Type |
6.2.1 Overview and Analysis |
6.2.2 Israel Electric Utility Vehicle Market Revenues & Volume, By 2WD, 2021-2031F |
6.2.3 Israel Electric Utility Vehicle Market Revenues & Volume, By 4WD, 2021-2031F |
6.2.4 Israel Electric Utility Vehicle Market Revenues & Volume, By AWD, 2021-2031F |
6.3 Israel Electric Utility Vehicle Market, By Propulsion |
6.3.1 Overview and Analysis |
6.3.2 Israel Electric Utility Vehicle Market Revenues & Volume, By Pure Electric, 2021-2031F |
6.3.3 Israel Electric Utility Vehicle Market Revenues & Volume, By Hybrid Electric, 2021-2031F |
7 Israel Electric Utility Vehicle Market Import-Export Trade Statistics |
7.1 Israel Electric Utility Vehicle Market Export to Major Countries |
7.2 Israel Electric Utility Vehicle Market Imports from Major Countries |
8 Israel Electric Utility Vehicle Market Key Performance Indicators |
8.1 Number of charging stations per capita in Israel |
8.2 Adoption rate of electric utility vehicles in commercial fleet operations |
8.3 Investment in research and development for improving battery technology and increasing driving range |
9 Israel Electric Utility Vehicle Market - Opportunity Assessment |
9.1 Israel Electric Utility Vehicle Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
9.2 Israel Electric Utility Vehicle Market Opportunity Assessment, By Drive Type, 2021 & 2031F |
9.3 Israel Electric Utility Vehicle Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
10 Israel Electric Utility Vehicle Market - Competitive Landscape |
10.1 Israel Electric Utility Vehicle Market Revenue Share, By Companies, 2024 |
10.2 Israel 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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