Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Commercial & Off-Highway Vehicles Market Analysis (ICE, Hybrid, & Electric) 2018-2024

A new market research service is now available from Power Technology Research on Commercial and Off-Highway Vehicles (ICE, Hybrid, & Electric) covering 6 vehicle segments: Agricultural Vehicles, Buses/Coaches, Construction Vehicles, Forklifts (Industrial Trucks), Lightweight Commercial Vehicles (LCVs), and Trucks.


News provided by

Power Technology Research

Dec 14, 2018, 12:00 ET

Share this article

Share toX

Share this article

Share toX


MUNICH, Dec. 14, 2018 /PRNewswire-PRWeb/ -- A new market research service is now available from Power Technology Research on Commercial and Off-Highway Vehicles (ICE, Hybrid, & Electric) covering 6 vehicle segments: Agricultural Vehicles, Buses/Coaches, Construction Vehicles, Forklifts (Industrial Trucks), Lightweight Commercial Vehicles (LCVs), and Trucks. The research covers both the global market for all fuel types as well as the production electrification (both BEV and PHEV) of these vehicles from 2018 through 2024. Over 160 companies were researched in the formation of this data set. Analysis was conducted through November 2018, including the latest industry developments.

Total units across all segments amounted to 30.3 Million vehicles in 2017 with PTR forecasting growth of 13.9% by 2024. The largest application are LCV's with over 73% of the market. The hottest growth segment in 2018 was China' forklift market with 350 thousand units being produced in 2017. Of course, the largest volume segment is Forklifts with Class I, II, and III already 100% electrified, albeit with mainly Lead-Acid batteries, there is a significant opportunity for Lithium-Ion chemistries.

Total units across all segments amounted to 30.3 Million vehicles in 2017 with PTR forecasting growth of 13.9% by 2024.

Post this

The analysis is presented through PTR's data visualization platform, utilizing Microsoft Power BI. This consists of an interactive report to best extract key trends and data while also providing multiple dashboards to better understand the methodology and to keep updated on the latest trends in each segment throughout the one-year subscription. Excel database and PowerPoint available on request.

Commercial & Off-Highway Vehicle Segmentations covered:

1. Agricultural Vehicles
2. Buses & Coaches
3. Construction Vehicles
4. Forklifts (Industrial Trucks)
5. Lightweight Commercial Vehicles - LCVs (Incl. Vans & Delivery Vehicles)
6. Trucks

Country/Region Splits:

1. Americas

  • United States
  • Rest of Americas

2. APAC

  • China
  • Japan
  • Rest of APAC

3. EMEA

Top 9 companies covered in each segment for market share (parent organizations cited):

1. AGCO Corporation
2. Amalgamations Group
3. Anhui Forklift Truck Group
4. Ashok Leyland
5. Caterpillar Inc.
6. Claas Group
7. CNH Industrial
8. Crown Equipment Corp.
9. Daimler Group
10. Deere & Company
11. Dongfeng Motor
12. Doosan Corporation
13. Fiat Chrysler Automobiles
14. Ford motor Company
15. General Motors Company
16. Groupe PSA
17. Groupe Renault
18. Hangcha Group
19. Hitachi Construction Machinery
20. Hyster-Yale Materials Handling
21. Jungheinrich AG
22. Kion Group
23. Komatsu Ltd.
24. Kubota Corporation
25. Liebherr Group
26. Mahindra Group
27. Mitsubishi Nichiyu Forklift Co.
28. Navistar International
29. Nissan Motor Co.
30. PACCAR Inc.
31. SAIC Motor Corporation
32. Sany Heavy Industry Co.
33. SDF Group
34. Suzuki Motor Corporation
35. TATA Motors
36. Toyota Group
37. Volkswagen Group
38. Volvo Group
39. Xiamen King Long Motor Group
40. XCMG Group
41. Zhengzhou Yutong Bus Co.
42. Zhongtong Bus Holding Co.

For more information about this report, visit:
https://powertechresearch.com/services/e-mobility/commercial-ev-market-analysis/

Contact:
Mike Sheppard
[email protected]
+1 408 622 0456
+49 89 122 50949

Source: Power Technology Research
Related Links: https://powertechresearch.com/services/e-mobility/

SOURCE Power Technology Research

Related Links

http://powertechresearch.com

Modal title

Abstract - Commercial & Off-Highway Vehicle Electrification Market Analysis
View PDF
Abstract - Commercial & Off-Highway Vehicle Electrification Market Analysis
Abstract - Commercial & Off-Highway Vehicle Electrification Market Analysis

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.