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United Kingdom Electric Delivery Vans Market, By Vehicle Type (Light Duty, Medium Duty, Heavy Duty), By GVWR (Less than 5 ton, 5-8 ton, Above 8 ton), By Propulsion (BEV, HEV, PHEV), By Range (Less than 100 miles, 100-150 miles, Above 150 miles), By Battery Capacity (Less than 50 kWh, 50-100 kWh, Above 100 kWh), By Region, Competition Forecast & Opportunities, 2017-2027
Market Report I 2022-07-01 I 75 Pages I TechSci Research
United Kingdom electric delivery vans market is projected to grow at a formidable rate during the forecast period, 2023-2027. The market growth can be attributed to the rising demand for fuel-efficient vehicles owing to enhanced environmental awareness. The rapid development of charging infrastructure for electric vehicles and the rising number of government subsidies and incentives are propelling the growth of the United Kingdom electric delivery vans market. Growing preference for electric vans and rapid commercialization of zero-emission vehicles are propelling the growth of electric delivery vans in the United Kingdom. Moreover, the UK government is promoting the adoption of electric vehicles by enacting various policies and regulations on carbon emissions. Long-term cost-effectiveness, eco-friendliness, and long-running distance capability of the electric delivery vans are some factors driving the United Kingdom's electric delivery vans market.
Additionally, increasing research and development activities coupled with a rising inclination towards electric energy are further anticipated to support the growth of the United Kingdom electric delivery vans market in the coming years. Expanding food & beverage industry, the emergence of cloud kitchens, multiple food delivery restaurants, and the rising e-commerce sector are expanding the demand for online delivery services and further contributing to the United Kingdom electric delivery vans market during the forecast period.
The United Kingdom electric delivery vans market is segmented by vehicle type, GVWR, propulsion, range, battery capacity, competitional landscape, and regional distribution. Based on vehicle type, the market is further segmented into light duty, medium-duty, and heavy-duty. Light-duty vehicles are expected to gain the largest share in the United Kingdom electric delivery vans market due to increasing demands for light commercial vehicles and an increase in online delivery services. Heavy-duty vehicles are anticipated to gain the fastest growth in the coming years due to their increased demand for long-distance transportation and freight movement.
Major companies operating in the United Kingdom electric delivery vans market are Ford Motor Company, BYD Auto Co., Ltd., Mercedes-Benz AG, Rivian Automotive, Inc., Workhorse Group Incorporated, Arrival Ltd., among others.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022E
Forecast Period: 2023F-2027F
Objective of the Study:
- To analyze the historical growth in the market size of the United Kingdom electric delivery vans market from 2017 to 2021.
- To estimate and forecast the market size of United Kingdom electric delivery vans market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast the United Kingdom electric delivery vans market based on vehicle type, GVWR, propulsion, range, battery capacity, region, and company.
- To identify the dominant region or segment in the United Kingdom electric delivery vans market.
- To identify drivers and challenges for the United Kingdom electric delivery vans market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the United Kingdom electric delivery vans market.
- To identify and analyze the profiles of leading players operating in the United Kingdom electric delivery vans market.
- To identify key sustainable strategies adopted by market players in United Kingdom electric delivery vans market
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the country.
TechSci Research calculated the market size of the United Kingdom electric delivery vans market using a top-down approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these products and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Electric delivery van manufacturers
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums, and alliances related to electric delivery vans
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, United Kingdom electric delivery vans market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- United Kingdom Electric Delivery Vans Market, By Vehicle Type:
o Light Duty
o Medium Duty
o Heavy Duty
- United Kingdom Electric Delivery Vans Market, By GVWR:
o Less than 5 ton
o 5-8 ton
o Above 8 ton
- United Kingdom Electric Delivery Vans Market, By Propulsion:
o BEV
o HEV
o PHEV
- United Kingdom Electric Delivery Vans Market, By Range:
o Less than 100 miles
o 100-150 miles
o Above 150 miles
- United Kingdom Electric Delivery Vans Market, By Battery Capacity:
o Less than 50 kWh
o 50-100 kWh
o Above 100 kWh
- United Kingdom Electric Delivery Vans Market, By Region:
o London
o East Anglia
o Southwest
o Southeast
o Scotland
o East Midlands
o Yorkshire & Humberside
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in United Kingdom Electric delivery vans market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on United Kingdom Electric Delivery Vans Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. United Kingdom Electric Delivery Vans Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Light Duty, Medium Duty, Heavy Duty)
6.2.2. By GVWR (Less than 5 ton, 5-8 ton, Above 8 ton)
6.2.3. By Propulsion (BEV, HEV, PHEV)
6.2.4. By Range (Less than 100 miles, 100-150 miles, Above 150 miles)
6.2.5. By Battery Capacity (Less than 50 kWh, 50-100 kWh, Above 100 kWh)
6.2.6. By Region
6.2.7. By Company (2021)
6.3. Product Market Map (By Vehicle Type, By Region)
7. United Kingdom Battery Electric Van Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By GVWR
7.2.3. By Range
7.2.4. By Battery Capacity
8. United Kingdom Hybrid Electric Van Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By GVWR
8.2.3. By Range
8.2.4. By Battery Capacity
9. United Kingdom Plug-In Hybrid Electric Van Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value & Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By GVWR
9.2.3. By Range
9.2.4. By Battery Capacity
10. Market Dynamics
10.1. Drivers
10.2. Challenges
11. Market Trends and Developments
12. Policy and Regulatory Landscape
13. United Kingdom Economic Profile
14. Competitive Landscape
14.1. Company Profiles (Partial List of Leading Companies)
14.1.1. Ford Motor Company
14.1.2. BYD Auto Co., Ltd.
14.1.3. Mercedes-Benz AG
14.1.4. Rivian Automotive, Inc.
14.1.5. Workhorse Group Incorporated
14.1.6. Arrival Ltd.
15. Strategic Recommendations
(Note: The companies list can be customized based on the client requirements.)
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