세계의 배터리 전기 트럭 시장 예측(-2032년) : 차량 클래스별, 배터리 유형별, 충전 유형별, 바디 유형별, 최종사용자별, 지역별 분석

According to Stratistics MRC, the Global Battery Electric Truck Market is accounted for $26.8 billion in 2025 and is expected to reach $143.6 billion by 2032 growing at a CAGR of 27.1% during the forecast period. A Battery Electric Truck is a commercial vehicle powered solely by rechargeable batteries, eliminating the need for fossil fuels. It runs on electric motors, producing zero tailpipe emissions and significantly reducing environmental impact. Commonly used in freight, logistics, and delivery, these trucks offer quieter operation and lower maintenance than diesel counterparts. Ideal for urban and short-haul applications, they support sustainability goals while enhancing operational efficiency. Their adoption reflects a shift toward cleaner, smarter transportation in the commercial vehicle sector.

According to Bloomberg NEF, battery electric trucks are gaining momentum in logistics fleets due to falling battery costs, regulatory incentives, and improved range, especially for urban and regional delivery routes.

Market Dynamics:

Driver:

Stringent emission norms boosting adoption

Stringent emission norms boosting adoption are fueling the transition toward electric trucks across major logistics and freight industries. Governments worldwide are enforcing carbon-neutrality targets, encouraging fleet electrification through incentives and regulatory mandates. Spurred by sustainability goals, OEMs are developing advanced zero-emission trucks with improved payload efficiency. Furthermore, corporate ESG commitments are prompting large logistics operators to adopt electric fleets, reducing dependency on diesel and reinforcing the shift toward eco-efficient and regulatory-compliant transportation systems.

Restraint:

High battery and infrastructure costs

High battery and infrastructure costs continue to restrain large-scale adoption of battery electric trucks. The substantial upfront investment required for high-capacity lithium-ion battery systems and charging infrastructure limits accessibility for small and mid-sized fleet operators. Additionally, range anxiety and charging downtime create operational inefficiencies, particularly in long-haul applications. Consequently, industry participants are advocating for cost-optimization through modular battery design, government-backed subsidies, and shared infrastructure models to enhance affordability and accelerate market penetration globally.

Opportunity:

Next-gen long-range battery development

Next-generation long-range battery development presents a transformative growth opportunity in the electric truck market. Continuous R&D in solid-state batteries, fast-charging technologies, and energy-dense materials promises extended driving ranges and reduced charging times. OEMs are strategically partnering with battery manufacturers to achieve cost reduction and thermal efficiency improvements. Moreover, the integration of regenerative braking and smart energy management systems is further optimizing vehicle performance, positioning long-range electric trucks as a viable alternative to traditional diesel fleets.

Threat:

Material shortages affecting EV batteries

Material shortages affecting EV batteries pose a critical threat to production stability and cost predictability. The global supply chain for lithium, nickel, and cobalt remains vulnerable to geopolitical disruptions and extraction constraints. These raw material challenges lead to price volatility and delayed manufacturing cycles. To mitigate these risks, manufacturers are diversifying sourcing, investing in battery recycling, and adopting alternative chemistries to reduce dependency on scarce materials, ensuring long-term sustainability in electric truck production.

Covid-19 Impact:

The COVID-19 pandemic initially disrupted electric truck production and delayed component supply chains, leading to temporary market stagnation. However, the post-pandemic recovery has accelerated adoption as logistics operators seek resilient, cost-efficient, and sustainable fleet solutions. Increased e-commerce deliveries and renewed green mobility investments have strengthened market momentum. Consequently, OEMs have ramped up electrification initiatives, supported by favorable policies and infrastructure funding, driving steady recovery and positioning the electric truck sector for long-term growth.

The heavy-duty segment is expected to be the largest during the forecast period

The heavy-duty segment is expected to account for the largest market share during the forecast period, resulting from expanding long-haul logistics and government-led electrification programs. Fleet operators are increasingly transitioning to electric heavy-duty trucks to comply with emission mandates and reduce total cost of ownership. Supported by battery advancements and fast-charging technologies, this segment dominates due to its operational efficiency, strong payload capacity, and alignment with sustainability-driven fleet modernization trends.

The lithium-ion segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the lithium-ion segment is predicted to witness the highest growth rate, propelled by advancements in battery chemistry, energy density, and cost reduction. Manufacturers are focusing on high-performance lithium-ion systems capable of extended range and rapid charging. Furthermore, economies of scale and recycling innovations are lowering production costs. These improvements are positioning lithium-ion technology as the industry standard for next-generation electric trucks, driving widespread adoption across regional and global logistics networks.

Region with largest share:

During the forecast period, the Asia Pacific region is expected to hold the largest market share, attributed to rapid industrialization, stringent emission policies, and the presence of leading EV manufacturers. China, Japan, and South Korea are spearheading electric truck production and battery innovation, supported by robust government incentives. Additionally, rising logistics demand and urban sustainability initiatives are amplifying regional deployment, making Asia Pacific the epicenter of the global electric truck ecosystem.

Region with highest CAGR:

Over the forecast period, the North America region is anticipated to exhibit the highest CAGR associated with expanding commercial EV infrastructure and strong corporate sustainability goals. The U.S. and Canada are witnessing accelerated adoption through government subsidies, state-level emission regulations, and private-sector electrification commitments. Major logistics firms are actively integrating electric trucks into urban and intercity operations, bolstered by advancements in fast-charging networks and supportive green transportation policies across the region.

Key players in the market

Some of the key players in Battery Electric Truck Market include Volvo Group, Daimler, Rivian, Nikola, Tesla, Ford, MAN Truck & Bus, Scania, Freightliner, Iveco, Xos, Inc., Lion Electric, Workhorse Group, AB Volvo, Dongfeng, and Cummins.

Key Developments:

In October 2025, Volvo Group launched its new "Modular Battery Platform" for the Volvo VNR Electric and Volvo FH Electric trucks. This new design allows for easier serviceability and replacement of individual battery modules, significantly reducing downtime and lifecycle costs for fleet operators.

In September 2025, Daimler Truck announced the North American launch of its next-generation Freightliner eCascadia, featuring a new ultra-high-density battery pack that extends the range to up to 550 kilometers (342 miles) on a single charge, specifically targeting long-haul regional freight.

Vehicle Classes Covered:

• Light-Duty
• Medium-Duty
• Heavy-Duty

Battery Types Covered:

• Lithium-Ion
• Lead-Acid
• Nickel-Metal Hydride

Charging Types Covered:

• Fast-Charging
• Standard Charging
• Inductive Charging
• Swappable Battery

Body Types Covered:

• Box Truck
• Flatbed
• Tanker

End Users Covered:

• Logistics Companies
• Municipal Fleets
• Industrial Enterprises
• Construction Firms

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2024, 2025, 2026, 2028, and 2032
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Battery Electric Truck Market, By Vehicle Class

• 5.1 Introduction
• 5.2 Light-Duty
• 5.3 Medium-Duty
• 5.4 Heavy-Duty

6 Global Battery Electric Truck Market, By Battery Type

• 6.1 Introduction
• 6.2 Lithium-Ion
• 6.3 Lead-Acid
• 6.4 Nickel-Metal Hydride

7 Global Battery Electric Truck Market, By Charging Type

• 7.1 Introduction
• 7.2 Fast-Charging
• 7.3 Standard Charging
• 7.4 Inductive Charging
• 7.5 Swappable Battery

8 Global Battery Electric Truck Market, By Body Type

• 8.1 Introduction
• 8.2 Box Truck
• 8.3 Flatbed
• 8.4 Tanker

9 Global Battery Electric Truck Market, By End User

• 9.1 Introduction
• 9.2 Logistics Companies
• 9.3 Municipal Fleets
• 9.4 Industrial Enterprises
• 9.5 Construction Firms

10 Global Battery Electric Truck Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Volvo Group
• 12.2 Daimler
• 12.3 Rivian
• 12.4 Nikola
• 12.5 Tesla
• 12.6 Ford
• 12.7 MAN Truck & Bus
• 12.8 Scania
• 12.9 Freightliner
• 12.10 Iveco
• 12.11 Xos, Inc.
• 12.12 Lion Electric
• 12.13 Workhorse Group
• 12.15 AB Volvo
• 12.16 Dongfeng
• 12.17 Cummins