Electric Parcel Delivery Van: Introduction
Rise in use of e-commerce platform due to the coronavirus pandemic is likely to fuel the demand for electric parcel delivery vans
Key Drivers of Electric Parcel Delivery Van Market
Growing consumer trend toward online shopping is driving the transportation of goods and commodities across the globe, which is likely to boost the electric parcel delivery van market across the globe. Rise in demand for vehicle electrification across the globe, due to enactment of stringent emission norms across the globe to reduce the emission of harmful gases from vehicles, is likely to further propel the electric parcel delivery van market across the globe. However, major governments across the globe are likely to ban diesel engines, as major parcel delivery van run on diesel, which is anticipated to increase the demand for electric parcel delivery van across the globe. This, in turn, is likely to boost the electric parcel delivery van market across the globe.
Major food providers and restaurants are using autonomous electric vans for delivery of food, which is likely to fuel the electric parcel delivery van market across the globe. Rise in government investment to boost production of electric vehicles across the globe is also likely to propel the electric parcel delivery van market across the globe. Major vehicle manufacturers are trying to enhance the output of their electric vehicles and also four-speed transmission system, which is estimated to further drive the electric parcel delivery van market across the globe.
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Europe is projected to hold for a major share of the global electric parcel delivery van market due to rapid expansion of logistics and warehouse industries across the region. Enactment of stringent emission norms to reduce pollution is also anticipated to augment the electric parcel delivery van market in the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Daimler AG who have major facilities that undertake research & development on the electric vehicle, which is likely to propel the electric parcel delivery van market in Europe.
Followed by Europe, Asia Pacific is projected to hold a significant share of the global electric parcel delivery van market due to an increase in production of electric vehicles across the region. Rise in transportation of goods and commodities across the region is likely to boost the electric parcel delivery van market across the region. Major e-commerce companies are heavily investing in the region for expansion of their business, which is projected to increase the demand for electric parcel delivery vans across the region.
Key Players Operating in Electric Parcel Delivery Van Market The electric parcel delivery van market is expanding consistently, as a large number of players operate in the market. A few of the key players operating in the electric parcel delivery van market are:
PSA Group
Daimler AG
London EV Company Ltd
Fiat Automobile S.p.A.
Ford Motor Company
Toyota Motor Corporation
BYD Company
Tesla Inc.
Renault Automobile
Nissan Motor Corporation
StreetScooter GmbH
Volkswagen Group
IVECO
Alke
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Light Duty Vehicle
Medium Duty Vehicle
Heavy Duty Vehicle
Global Electric Parcel Delivery Van Market, by Gross Weight
3.5-5 Ton
6-7.5 Ton
>8 Ton
Global Electric Parcel Delivery Van Market, by Operation
Manual
Autonomous
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions. Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
Customer Experience Maps
Insights and Tools based on data-driven research
Actionable Results to meet all the business priorities
Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment. The following regional segments are covered comprehensively:
North America
Asia Pacific
Europe
Latin America
The Middle East and Africa
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