North America Electric Transporters Market was valued at USD 15 Billion in 2022 and is projected to reach USD 30 Billion by 2030, growing at a CAGR of 9.4% from 2024 to 2030.
The demand for electric transporters in North America has seen an impressive surge in recent years, as businesses across various sectors begin to embrace eco-friendly and cost-effective transportation solutions. The North American Electric Transporters Market is being driven by multiple industries, including logistics, e-commerce, and urban mobility, all of which are aiming to reduce their carbon footprints and lower operational costs. The shift towards electric vehicles (EVs) in these sectors is not just about meeting environmental goals but also about improving efficiency, performance, and reliability.
One of the primary drivers in this market is the logistics and delivery industry. With the growth of e-commerce and the need for last-mile delivery solutions, companies are turning to electric transporters to optimize their delivery fleets. Electric vans and trucks, with their lower maintenance costs and emissions-free operation, are ideal for urban areas where environmental regulations are becoming stricter. These vehicles can handle short to medium-range deliveries with ease, while businesses also benefit from government incentives for using green transport options.
Public transportation and shared mobility services also play a critical role in the increasing demand for electric transporters. Buses, shuttles, and even electric taxis are being incorporated into the daily commute in urban centers. The shift towards electric public transport is part of a broader initiative to reduce emissions, improve air quality, and make cities more sustainable. In fact, many municipalities in North America have introduced policies to replace traditional diesel-powered buses with electric alternatives.
The industrial sector is also a significant consumer of electric transporters. Warehouses, factories, and large manufacturing plants are utilizing electric pallet jacks and forklifts for material handling. These electric-powered solutions are not only quieter but also offer greater control and lower running costs than their gas-powered counterparts. As these industries embrace more sustainable practices, the need for electric transport solutions continues to rise.
As businesses across various industries explore cleaner alternatives, the North America Electric Transporters Market continues to grow and evolve, bringing new opportunities for companies that prioritize sustainability and efficiency.
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Jiangsu Xinri E-Vehicle Co.
Ltd
Terra Motors Corporation
Gogoro Inc
Mahindra GenZe
Vmoto Limited
BMW Motorrad International
AllCell Technologies LLC
BOXX Corporation
Kiwano
Ninebot Inc
Hama GmbH & Co KG
Honda Motor Co. Ltd.
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 North America Electric Transporters Market
24V
36V
48V
Greater than 48V
Based on Types the Market is categorized into Below types that held the largest Electric Transporters market share In 2023.
Sealed Lead Acid
NiMH
Li-Ion
North America (United States, North America 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 North America Electric Transporters 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. North America Electric Transporters Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. North America Electric Transporters Market, By Type
6. North America Electric Transporters Market, By Application
7. North America Electric Transporters Market, By Geography
North America
Europe
Asia Pacific
Rest of the World
8. North America Electric Transporters Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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