Europe Electric Vehicles For Logistics Market was valued at USD 6.0 Billion in 2022 and is projected to reach USD 20.0 Billion by 2030, growing at a CAGR of 17.3% from 2024 to 2030.
The Europe Electric Vehicles for Logistics Market is rapidly evolving, as industries across the continent are adopting electric vehicle (EV) technologies to meet sustainability targets and streamline operations. The demand for electric logistics vehicles has been increasing steadily, driven by environmental regulations and the push for green logistics. This market is projected to see significant growth over the next decade, as industries move towards electric vehicles to reduce carbon emissions, cut costs, and enhance operational efficiency.
Several types of electric vehicles are in demand within the logistics sector, each tailored to specific needs. These include electric delivery vans, trucks, and last-mile electric vehicles, such as e-cargo bikes. The popularity of electric delivery vans is increasing due to their ability to navigate urban environments efficiently while reducing noise pollution and emissions. Meanwhile, electric trucks are gaining traction for long-distance freight transport, offering a sustainable alternative to traditional diesel-powered trucks. Last-mile electric vehicles, such as e-cargo bikes, are particularly in demand in densely populated cities, where congestion and pollution are a concern.
Industries are requiring these electric vehicles to meet stringent regulations on emissions and environmental impact, as well as to improve fleet efficiency and reduce operational costs. Businesses are seeking EVs with extended battery life, fast-charging capabilities, and the ability to carry significant payloads without compromising performance. Additionally, industries are pushing for the development of charging infrastructure to ensure that EVs can be easily recharged across urban and rural routes. EV manufacturers must also focus on cost-efficiency, as many logistics companies are hesitant to transition to electric vehicles due to the high initial investment costs.
The rise of electric vehicles in the logistics market is closely tied to the wider trend of sustainability and carbon reduction goals. As European cities and countries set ambitious targets for reducing emissions, the demand for electric vehicles will continue to grow. With innovations in battery technology, longer driving ranges, and improved infrastructure, the future of logistics is expected to be increasingly electrified, contributing to the overall decarbonization of the transport industry.
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Chanje
Daimler Trucks
Nikola Motors
Volvo
Workhorse
BYD
BrightDrop
Alke'
Proterra
MellowVans
Domino
Ruichi New Energy Vehicle
Intelligent Transforms Union
Farizon Auto
Karry
Guangxi Auto
Changan Kaicheng
Tianjin Qingyuan Electric Vehicle
Zhongtong Bus
CRRC Electric Vehicle
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Electric Vehicles For Logistics Market
Light Duty Electric Vehicles (LDEV)
Medium Duty Electric Vehicles (MDEV)
Heavy Duty Electric Vehicles (HDEV)
Electric Vans
Electric Trucks
Lithium-Ion Batteries
Sodium-Ion Batteries
Solid-State Batteries
Nickel-Metal Hydride (NiMH) Batteries
Lead-Acid Batteries
Retail and E-commerce
Food and Beverage
Pharmaceuticals
Construction and Heavy Equipment
Cleaning and Maintenance Services
Public Charging Stations
Private Charging Stations
Fast-Charging Solutions
Battery Swapping Technologies
Home Charging Options
Battery Electric Vehicles (BEVs)
Plug-in Hybrid Electric Vehicles (PHEVs)
Fuel Cell Electric Vehicles (FCEVs)
Range-Extended Electric Vehicles (REEVs)
Hybrid Electric Vehicles (HEVs)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Electric Vehicles For Logistics Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Electric Vehicles For Logistics Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Electric Vehicles For Logistics Market, By Type
6. Europe Electric Vehicles For Logistics Market, By Application
7. Europe Electric Vehicles For Logistics Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Electric Vehicles For Logistics Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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