BOSTON, July 20, 2016 /PRNewswire/ —
IDTechEx Research, a leading provider of independent market research, business intelligence and events on emerging technology announces the availability of a new report, Industrial and Commercial Electric Vehicles on Land 2016-2026.
Industrial and commercial electric vehicles are the largest and most profitable sector of what will be a $500 billion market in 2026. These vehicles are hybrid and pure electric and their technologies change fast to meet new carbon dioxide emissions laws and demands for better economy and performance. Many manufacturers in this market are widening their involvement, bringing some order to the fragmented areas, such as light commercial and industrial vehicles, and economy of scale to the big sectors of buses, trucks and forklifts.
Electric vehicles offer energy efficiency, lower maintenance costs and better controllability and drivability results. Increased use of these vehicles reduce greenhouse gas and other pollutant emissions and meet new regulations. Huge opportunities emerge for key components and systems such as energy storage, power electronics and motors.
Industrial and Commercial Electric Vehicles on Land 2016-2026 encompasses the industrial and commercial vehicles market, from buses and forklifts to fragmented other markets, including mobile robots and energy independent vehicles. The report contains ten year forecasts including units, ex-factory average prices and value market for 46 categories of electric vehicles, 21 of them being industrial and commercial, including indoor and outdoor forklifts, light industrial and commercial vehicles, buses, trucks and taxis. The report also encompasses construction, agriculture and mining vehicles and includes a selection of company profiles. This report details how demand for EVs is regionally very different within the USA, China and Europe.
Industrial and Commercial Electric Vehicles on Land 2016-2026 covers the technical and market trends for industrial and commercial vehicles whether hybrid or pure electric, putting it in the context of electric vehicles overall and including the activities of a host of manufacturers of the vehicles and their components and even providing future technological development roadmaps.
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