With key players Daimler, Tesla, Proterra, NISSAN, BYD, Honda, Hyundai, LG Chem, ABB Ltd and others

DUBLIN, June 28, 2022 /PRNewswire/ — The “UAE Electric Commercial Vehicle Market, By Propulsion Type (BEV, HEV, PHEV, and FCEV), By Vehicle Type, By Range (0-150 Miles, 151-250 Miles, 251-500 Miles, and 500+ Miles) ), by component, by region, competition forecast and opportunities, 2017-2027″ report has been added to from ResearchAndMarkets.com offer.

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The UAE electric commercial vehicle market is expected to grow at a significant rate during the forecast period. The growth of the market can be attributed to the government’s emphasis on promoting the use of clean-energy vehicles and the growing demand for zero-emission vehicles in the e-commerce and logistics sector.

The UAE government has planned to achieve climate neutrality by 2050, mitigating climate change through a series of community and economic initiatives. The government has planned to invest more than AED600 billion in renewable energy to make the Emirates the most dynamic economy in the world.

Furthermore, increasing penetration of electric buses in public transport fleets and stringent government regulations regarding increasing pollution levels and environmental hazards are driving the growth of the electric commercial vehicle market in UAE.

Additionally, advancements in electric vehicle charging infrastructure in the country and stringent emission standards imposed on fossil fuel commercial vehicles are driving the growth of the electric commercial vehicle market in the UAE. Growing demand for non-polluting vehicles among customers owing to increasing environmental awareness and emergence of various models of advanced and affordable electric utility vehicles are some of the factors driving their market growth.

Advancements in battery technology and the use of latest technologies such as IoT, ADAS, AI, etc., are contributing to the growth of the electric utility vehicle market in UAE. Additionally, many automakers are investing heavily in R&D to further improve battery technologies, which could result in better electric utility vehicles and contribute to its market growth in the coming years.

However, high development costs involved in the development of electric utility vehicles and related components and limited battery capacity might restrain the UAE electric utility vehicle market growth in the coming years.

The UAE electric commercial vehicle market is segmented on the basis of propulsion type, vehicle type, range, component, company and region. Based on vehicle type, the market is divided into buses, trucks and vans. Electric trucks are expected to hold the largest share of the UAE electric commercial vehicle market owing to rapid urbanization and rapid economic growth, resulting in high demand for electric trucks.

Goal of the study:

  • To analyze and forecast the market size of the UAE Electric Utility Vehicle market, in terms of value and volume.

  • To classify and forecast the UAE Electric Utility Vehicle Market based on drive type, vehicle type, range, component, company, and regional distribution.

  • Identify the drivers and challenges of the Electric Utility Vehicles market in UAE.

  • Examine competitive developments such as expansions, new product launches, mergers and acquisitions, etc., in the UAE Electric Utility Vehicle Market.

  • Perform pricing analysis for the UAE Electric Commercial Vehicle Market.

  • To identify and analyze the profile of major players involved in the Electric Utility Vehicles market in UAE.

The publisher conducted extensive primary and secondary research for this study. Initially, the publisher provided a list of manufacturers across the UAE. Subsequently, the publisher conducted primary research surveys with the identified companies. During the interview, respondents were also asked about their competitors. Using this technique, the publisher could include manufacturers, who could not be identified due to secondary research limitations. The editor has analyzed the product offerings, distribution channels and presence of all major manufacturers in the United Arab Emirates.

Report Scope:
In this report, the UAE Electric Commercial Vehicles Market has been segmented into the following categories, in addition to industry trends which have also been detailed below:

United Arab Emirates Electric Commercial Vehicles Market, By Propulsion Type:

United Arab Emirates Electric Commercial Vehicles Market, By Vehicle Type:

UAE Electric Commercial Vehicle Market, By Range:

  • 0-150 miles

  • 151-250 miles

  • 251-500 miles

  • 500 miles and more

United Arab Emirates Electric Commercial Vehicles Market, By Component:

United Arab Emirates Electric Commercial Vehicles Market, By Region:

  • dubai

  • Abu Dhabi

  • Sharjah

  • Rest of the UAE

Main topics covered:

1. Product introduction

2. Research methodology

3. Executive Summary

4. Voice of the customer
4.1. Product awareness
4.2. Product Pricing
4.3. Challenges and unmet needs

5. UAE Electric Commercial Vehicle Market Overview

6. UAE Electric Commercial Vehicle Market Outlook

7. UAE Electric Bus Market Outlook

8. UAE Electric Truck Market Outlook

9. UAE Electric Pickup Trucks Market Outlook

10. Price Analysis

11. Market dynamics
11.1. Drivers
11.2. Challenges

12. Market trends and developments

13. Policy and regulatory landscape

14. UAE Economic Profile

Companies cited

  • Daimler

  • You’re here

  • Proterra

  • NISSAN

  • BYD

  • Proterra

  • Honda

  • hyundai

  • LG Chemistry

  • ABB SA

For more information on this report, visit https://www.researchandmarkets.com/r/f4j5ss

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

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