An electric truck is an electric vehicle powered by batteries designed to transport cargo, carry specialized payloads, or perform other utilitarian work. According to market research study published by Gen Consulting Company, the global electric truck battery market stood at around USD 926 million in 2020 and is projected to rise to a worth of USD 11,158 million by 2027 end, thereby garnering a CAGR of 42.7% during 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global electric truck battery market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments.

The electric truck battery market is segmented on the basis of product, and region. The electric truck battery market is segmented as below:

By product:

  • lithium manganese oxide (LMO)
  • lithium nickel manganese cobalt oxide (NMC)
  • lithium iron phosphate (LFP)



By region:

  • Asia Pacific
  • Europe
  • North America
  • Rest of the World (RoW)



The report has also analysed the competitive landscape of the global electric truck battery market with some of the key players being A123 Systems, LLC, Contemporary Amperex Technology Co. Limited (CATL), LG Chem Ltd., Northvolt AB, Samsung SDI Co., Ltd., SK Innovation Co., Ltd., SVOLT Energy Technology Co. Ltd., Tesla, Inc., Tianjin Lishen Battery Joint-Stock Co. Ltd., TotalEnergies SE (Saft Groupe S.A.), among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

  • To analyze and forecast the market size of the global electric truck battery market.
  • To classify and forecast the global electric truck battery market based on product, and region.
  • To identify drivers and challenges for the global electric truck battery market.
  • To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global electric truck battery market.
  • To identify and analyze the profile of leading players operating in the global electric truck battery market.



Why Choose This Report

  • Gain a reliable outlook of the global electric truck battery market forecasts from 2021 to 2027 across scenarios.
  • Identify growth segments for investment.
  • Stay ahead of competitors through company profiles and market data.
  • The market estimate for ease of analysis across scenarios in Excel format.
  • Strategy consulting and research support for three months.
  • Print authentication provided for the single-user license.