Need help finding what you are looking for?
Contact Us
PUBLISHER: Grand View Research | PRODUCT CODE: 1554193
PUBLISHER: Grand View Research | PRODUCT CODE: 1554193
Electric Van Market Size, Share & Trends Analysis Report By Propulsion (Battery Electric Vehicle (BEV), Hybrid Vehicle (HEV)), By Range, By Battery, By Application (Commercial, Personal), By Region, And Segment Forecasts, 2024 - 2030
PUBLISHED:
PAGES: 130 Pages
DELIVERY TIME: 2-10 business days
SELECT AN OPTION
Electric Van Market Size & Trends:
The global electric van market size was estimated at USD 13.33 billion in 2023 and is expected to grow at a CAGR of 13.8% from 2024 to 2030. Governments worldwide increasingly implement stringent environmental regulations to combat climate change and reduce air pollution. These regulations often include mandates and incentives for adopting electric vehicles, particularly in urban areas where air quality is a significant concern. Many countries are setting ambitious targets to phase out internal combustion engine (ICE) vehicles, encouraging businesses to transition to electric vans to comply with new regulations and meet sustainability goals. This push toward greener transportation solutions drives the market's growth.
Electric vans typically offer a lower total ownership cost than traditional diesel or gasoline-powered vans. While the upfront purchase price of an electric van may be higher, the lower operating costs, including reduced fuel expenses and lower maintenance costs due to fewer moving parts, make them more economical over the vehicle's lifetime. As businesses increasingly recognize the long-term financial benefits of electric vans, their adoption is accelerating, particularly among fleet operators looking to reduce operational expenses.
Moreover, the rapid growth of e-commerce and urbanization drives demand for efficient, eco-friendly delivery solutions. As cities become more congested, the need for smaller, more agile vehicles that can navigate urban environments and comply with emission regulations is growing. Electric vans are well-suited for this purpose, offering the flexibility needed for last-mile deliveries in dense urban areas. The rise of online shopping and the corresponding increase in delivery volumes have created a strong demand for electric vans that can operate efficiently in these environments while minimizing environmental impact.
In addition, many companies increasingly focus on corporate social responsibility (CSR) and seek to enhance their brand image by adopting sustainable practices. Transitioning to electric vans is seen as a way for businesses to demonstrate their commitment to environmental stewardship, appeal to environmentally conscious consumers, and differentiate themselves from competitors. This trend is particularly strong among large corporations and delivery companies that operate extensive vehicle fleets, where the shift to electric vehicles can significantly impact their overall carbon footprint.
However, the limited charging infrastructure restrains the market's growth. While urban areas have a growing number of charging stations, rural and developing regions often lack the necessary infrastructure to support electric vans. This limitation can restrict the operational range of electric vans, making them less suitable for long-distance travel or routes beyond the reach of reliable charging facilities. The slow expansion of charging networks, particularly fast-charging stations, hampers the adoption of electric vans.
Global Electric Van Market Report Segmentation
The report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the electric van market report based on propulsion, range, battery, application, and region:
- Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- Battery Electric Vehicle (BEV)
- Hybrid Vehicle (HEV)
- Range Outlook (Revenue, USD Million, 2018 - 2030)
- Up to 100 miles
- 100 to 200 miles
- Above 200 miles
- Battery Outlook (Revenue, USD Million, 2018 - 2030)
- Lithium Ion
- Sealed Lead Acid
- Nickel Metal Hydride (NiMH)
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Commercial
- Personal
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- Middle East & Africa
- UAE
- Kingdom of Saudi Arabia
- South Africa
Product Code: GVR-4-68040-428-9
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.4. Information Analysis
- 1.4.1. Market Formulation & Data Visualization
- 1.4.2. Data Validation & Publishing
- 1.5. Research Scope and Assumptions
- 1.6. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Impact Analysis
- 3.3.2. Market Restraint Impact Analysis
- 3.3.3. Market Opportunity Impact Analysis
- 3.4. Industry Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.2. PESTEL Analysis
Chapter 4. Electric Van Market: Propulsion Estimates & Trend Analysis
- 4.1. Propulsion Movement Analysis & Market Share, 2023 & 2030
- 4.2. Electric Van Market Estimates & Forecast, By Propulsion
- 4.2.1. Battery Electric Vehicle (BEV)
- 4.2.2. Hybrid Vehicle (HEV)
Chapter 5. Electric Van Market: Range Estimates & Trend Analysis
- 5.1. Range Movement Analysis & Market Share, 2023 & 2030
- 5.2. Electric Van Market Estimates & Forecast, By Range
- 5.2.1. Up to 100 miles
- 5.2.2. 100 to 200 miles
- 5.2.3. Above 200 miles
Chapter 6. Electric Van Market: Battery Estimates & Trend Analysis
- 6.1. Battery Movement Analysis & Market Share, 2023 & 2030
- 6.2. Electric Van Market Estimates & Forecast, By Battery
- 6.2.1. Lithium Ion
- 6.2.2. Sealed Lead Acid
- 6.2.3. Nickel Metal Hydride (NiMH)
Chapter 7. Electric Van Market: Application Estimates & Trend Analysis
- 7.1. Application Movement Analysis & Market Share, 2023 & 2030
- 7.2. Electric Van Market Estimates & Forecast, By Application
- 7.2.1. Commercial
- 7.2.2. Personal
Chapter 8. Electric Van Market: Regional Estimates & Trend Analysis
- 8.1. Electric Van Market: Regional Outlook
- 8.2. North America
- 8.2.1. North America Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.2. U.S.
- 8.2.2.1. U.S. Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.3. Canada
- 8.2.3.1. Canada Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.2.4. Mexico
- 8.2.4.1. Mexico Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3. Europe
- 8.3.1. Europe Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.2. Germany
- 8.3.2.1. Germany Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.3. UK
- 8.3.3.1. UK Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.3.4. France
- 8.3.4.1. France Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4. Asia Pacific
- 8.4.1. Asia Pacific Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.2. China
- 8.4.2.1. China Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.3. India
- 8.4.3.1. India Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.4. Japan
- 8.4.4.1. Japan Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.5. Australia
- 8.4.5.1. Australia Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.4.6. South Korea
- 8.4.6.1. South Korea Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.5. Latin America
- 8.5.1. Latin America Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.5.2. Brazil
- 8.5.2.1. Brazil Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6. MEA
- 8.6.1. MEA Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.2. UAE
- 8.6.2.1. UAE Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.3. Kingdom of Saudi Arabia (KSA)
- 8.6.3.1. Kingdom of Saudi Arabia (KSA) Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
- 8.6.4. South Africa
- 8.6.4.1. South Africa Electric Van market estimates & forecasts, 2018 - 2030 (USD Million)
Chapter 9. Competitive Landscape
- 9.1. Company Categorization
- 9.2. Company Market Share Analysis, 2023
- 9.3. Company Heat Map Analysis
- 9.4. Strategy Mapping
- 9.4.1. Expansion
- 9.4.2. Collaborations
- 9.4.3. Mergers & Acquisitions
- 9.4.4. New Product Launches
- 9.4.5. Partnerships
- 9.4.6. Others
- 9.5. Company Profiles
- 9.5.1. Mercedes-Benz USA, LLC
- 9.5.1.1. Company Overview
- 9.5.1.2. Financial Performance
- 9.5.1.3. Product Benchmarking
- 9.5.1.4. Strategic Initiatives
- 9.5.2. Ford Motor Company
- 9.5.2.1. Company Overview
- 9.5.2.2. Financial Performance
- 9.5.2.3. Product Benchmarking
- 9.5.2.4. Strategic Initiatives
- 9.5.3. Rivian
- 9.5.3.1. Company Overview
- 9.5.3.2. Financial Performance
- 9.5.3.3. Product Benchmarking
- 9.5.3.4. Strategic Initiatives
- 9.5.4. Nissan
- 9.5.4.1. Company Overview
- 9.5.4.2. Financial Performance
- 9.5.4.3. Product Benchmarking
- 9.5.4.4. Strategic Initiatives
- 9.5.5. Volkswagen
- 9.5.5.1. Company Overview
- 9.5.5.2. Financial Performance
- 9.5.5.3. Product Benchmarking
- 9.5.5.4. Strategic Initiatives
- 9.5.6. Stellantis Europe S.p.A.
- 9.5.6.1. Company Overview
- 9.5.6.2. Financial Performance
- 9.5.6.3. Product Benchmarking
- 9.5.6.4. Strategic Initiatives
- 9.5.7. Renault
- 9.5.7.1. Company Overview
- 9.5.7.2. Financial Performance
- 9.5.7.3. Product Benchmarking
- 9.5.7.4. Strategic Initiatives
- 9.5.8. BYD Singapore
- 9.5.8.1. Company Overview
- 9.5.8.2. Financial Performance
- 9.5.8.3. Product Benchmarking
- 9.5.8.4. Strategic Initiatives
- 9.5.9. MAN
- 9.5.9.1. Company Overview
- 9.5.9.2. Financial Performance
- 9.5.9.3. Product Benchmarking
- 9.5.9.4. Strategic Initiatives
- 9.5.10. Volvo Car Corporation
- 9.5.10.1. Company Overview
- 9.5.10.2. Financial Performance
- 9.5.10.3. Product Benchmarking
- 9.5.10.4. Strategic Initiatives
- 9.5.1. Mercedes-Benz USA, LLC
Product Code: GVR-4-68040-428-9
List of Tables
- Table 1 Electric van market, 2018 - 2030 (USD Million)
- Table 2 Global market estimates and forecasts, by region, 2018 - 2030 (USD Million)
- Table 3 Global market estimates and forecasts, by propulsion, 2018 - 2030 (USD Million)
- Table 4 Global market estimates and forecasts, by range, 2018 - 2030 (USD Million)
- Table 5 Global market estimates and forecasts, by battery, 2018 - 2030 (USD Million)
- Table 6 Global market estimates and forecasts, by application, 2018 - 2030 (USD Million)
- Table 7 Battery electric vehicle (BEV) market, by region, 2018 - 2030 (USD Million)
- Table 8 Hybrid vehicle (HEV) market, by region, 2018 - 2030 (USD Million)
- Table 9 Electric van market, by range up to 100 miles, by region, 2018 - 2030 (USD Million)
- Table 10 Electric van market, by range 100 to 200 miles, by region, 2018 - 2030 (USD Million)
- Table 11 Electric van market, by range above 200 miles, by region, 2018 - 2030 (USD Million)
- Table 12 Lithium ion electric van market, by region, 2018 - 2030 (USD Million)
- Table 13 Sealed lead acid electric van market, by region, 2018 - 2030 (USD Million)
- Table 14 Nickel metal hydride (NiMH) electric van market, by region, 2018 - 2030 (USD Million)
- Table 15 Commercial electric van market, by region, 2018 - 2030 (USD Million)
- Table 16 Personal electric van market, by region, 2018 - 2030 (USD Million)
- Table 17 North America electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 18 North America electric van market, by range, 2018 - 2030 (USD Million)
- Table 19 North America electric van market, by battery, 2018 - 2030 (USD Million)
- Table 20 North America electric van market, by application, 2018 - 2030 (USD Million)
- Table 21 U.S. electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 22 U.S. electric van market, by range, 2018 - 2030 (USD Million)
- Table 23 U.S. electric van market, by battery, 2018 - 2030 (USD Million)
- Table 24 U.S. electric van market, by application, 2018 - 2030 (USD Million)
- Table 25 Canada electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 26 Canada electric van market, by range, 2018 - 2030 (USD Million)
- Table 27 Canada electric van market, by battery, 2018 - 2030 (USD Million)
- Table 28 Canada electric van market, by application, 2018 - 2030 (USD Million)
- Table 29 Mexico electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 30 Mexico electric van market, by range, 2018 - 2030 (USD Million)
- Table 31 Mexico electric van market, by battery, 2018 - 2030 (USD Million)
- Table 32 Mexico electric van market, by application, 2018 - 2030 (USD Million)
- Table 33 Europe electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 34 Europe electric van market, by range, 2018 - 2030 (USD Million)
- Table 35 Europe electric van market, by battery, 2018 - 2030 (USD Million)
- Table 36 Europe electric van market, by application, 2018 - 2030 (USD Million)
- Table 37 UK electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 38 UK electric van market, by range, 2018 - 2030 (USD Million)
- Table 39 UK electric van market, by battery, 2018 - 2030 (USD Million)
- Table 40 UK electric van market, by application, 2018 - 2030 (USD Million)
- Table 41 Germany electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 42 Germany electric van market, by range, 2018 - 2030 (USD Million)
- Table 43 Germany electric van market, by battery, 2018 - 2030 (USD Million)
- Table 44 Germany electric van market, by application, 2018 - 2030 (USD Million)
- Table 45 France electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 46 France electric van market, by range, 2018 - 2030 (USD Million)
- Table 47 France electric van market, by battery, 2018 - 2030 (USD Million)
- Table 48 France electric van market, by application, 2018 - 2030 (USD Million)
- Table 49 Asia Pacific electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 50 Asia Pacific electric van market, by range, 2018 - 2030 (USD Million)
- Table 51 Asia Pacific electric van market, by battery, 2018 - 2030 (USD Million)
- Table 52 Asia Pacific electric van market, by application, 2018 - 2030 (USD Million)
- Table 53 China electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 54 China electric van market, by range, 2018 - 2030 (USD Million)
- Table 55 China electric van market, by battery, 2018 - 2030 (USD Million)
- Table 56 China electric van market, by application, 2018 - 2030 (USD Million)
- Table 57 India electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 58 India electric van market, by range, 2018 - 2030 (USD Million)
- Table 59 India electric van market, by battery, 2018 - 2030 (USD Million)
- Table 60 India electric van market, by application, 2018 - 2030 (USD Million)
- Table 61 Japan electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 62 Japan electric van market, by range, 2018 - 2030 (USD Million)
- Table 63 Japan electric van market, by battery, 2018 - 2030 (USD Million)
- Table 64 Japan electric van market, by application, 2018 - 2030 (USD Million)
- Table 65 South Korea electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 66 South Korea electric van market, by range, 2018 - 2030 (USD Million)
- Table 67 South Korea electric van market, by battery, 2018 - 2030 (USD Million)
- Table 68 South Korea electric van market, by application, 2018 - 2030 (USD Million)
- Table 69 Australia electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 70 Australia electric van market, by range, 2018 - 2030 (USD Million)
- Table 71 Australia electric van market, by battery, 2018 - 2030 (USD Million)
- Table 72 Australia electric van market, by application, 2018 - 2030 (USD Million)
- Table 73 Latin America electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 74 Latin America electric van market, by range, 2018 - 2030 (USD Million)
- Table 75 Latin America electric van market, by battery, 2018 - 2030 (USD Million)
- Table 76 Latin America electric van market, by application, 2018 - 2030 (USD Million)
- Table 77 Brazil electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 78 Brazil electric van market, by range, 2018 - 2030 (USD Million)
- Table 79 Brazil electric van market, by battery, 2018 - 2030 (USD Million)
- Table 80 Brazil electric van market, by application, 2018 - 2030 (USD Million)
- Table 81 MEA electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 82 MEA electric van market, by range, 2018 - 2030 (USD Million)
- Table 83 MEA electric van market, by battery, 2018 - 2030 (USD Million)
- Table 84 MEA electric van market, by application, 2018 - 2030 (USD Million)
- Table 85 Kingdom of Saudi Arabia (KSA) electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 86 Kingdom of Saudi Arabia (KSA) electric van market, by range, 2018 - 2030 (USD Million)
- Table 87 Kingdom of Saudi Arabia (KSA) electric van market, by battery, 2018 - 2030 (USD Million)
- Table 88 Kingdom of Saudi Arabia (KSA) electric van market, by application, 2018 - 2030 (USD Million)
- Table 89 UAE electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 90 UAE electric van market, by range, 2018 - 2030 (USD Million)
- Table 91 UAE electric van market, by battery, 2018 - 2030 (USD Million)
- Table 92 UAE electric van market, by application, 2018 - 2030 (USD Million)
- Table 93 South Africa electric van market, by propulsion, 2018 - 2030 (USD Million)
- Table 94 South Africa electric van market, by range, 2018 - 2030 (USD Million)
- Table 95 South Africa electric van market, by battery, 2018 - 2030 (USD Million)
- Table 96 South Africa electric van market, by application, 2018 - 2030 (USD Million)
- Table 97 Company Market Share, 2023
- Table 98 Company Heat Map Analysis
- Table 99 Key companies undergoing expansion
- Table 100 Key companies undergoing collaborations
- Table 101 Key companies undergoing new product launch
- Table 102 Key companies undergoing mergers & acquisitions
- Table 103 Key companies undergoing other strategies
List of Figures
- Fig. 1 Electric Van Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Information Analysis
- Fig. 4 Market Formulation & Data Visualization
- Fig. 5 Data Validation & Publishing
- Fig. 6 Electric Van Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 9 Electric Van Market Value, 2023 & 2030 (USD Million)
- Fig. 10 Electric Van Market - Industry Value Chain Analysis
- Fig. 11 Electric Van Market - Market Dynamics
- Fig. 12 Electric Van Market: PORTER's Analysis
- Fig. 13 Electric Van Market: PESTEL Analysis
- Fig. 14 Electric Van Market, by Propulsion: Key Takeaways
- Fig. 15 Electric Van Market, by Propulsion: Market Share, 2023 & 2030
- Fig. 16 Electric Van Market, by Range: Key Takeaways
- Fig. 17 Electric Van Market, by Range: Market Share, 2023 & 2030
- Fig. 18 Electric Van Market, by Battery: Key Takeaways
- Fig. 19 Electric Van Market, by Battery: Market Share, 2023 & 2030
- Fig. 20 Electric Van Market, by Application: Key Takeaways
- Fig. 21 Electric Van Market, by Application: Market Share, 2023 & 2030
- Fig. 22 Electric Van Market, by Region, 2023 & 2030 (USD Million)
- Fig. 23 Regional Marketplace: Key Takeaways
- Fig. 24 North America Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 25 US Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 26 Canada Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 27 Mexico Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 28 Europe Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 29 Germany Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 30 UK Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 31 France Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 32 Asia Pacific Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 33 China Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 34 India Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 35 Japan Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 36 Australia Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 37 South Korea Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 38 Latin America Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 39 Brazil Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 40 MEA Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 41 UAE Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 42 Kingdom of Saudi Arabia Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 43 South Africa Electric Van Market Estimates & Forecast, 2018 - 2030 (USD Million)
- Fig. 44 Company Market Share Analysis, 2023
- Fig. 45 Strategic Framework
Have a question?
SELECT AN OPTION
Have a question?
Questions? Please give us a call or visit the contact form.