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Global Electric Trucks Market Opportunities and Forecast 2023-2030

  •   DLR308
  •   May, 2024
  •   Pages: 120
  •  Global

Electric Trucks Market Overview

Due to technological advancements and production of ev batteries on a mass scale, the cost of energy unit batteries has been decreasing over the past decade. This has diode to a decrease in value of the electrical trucks as energy unit batteries ar one among the foremost costly elements of an electrical truck. At the side of the growing demand for low emission transportation, this may cause an increase in adoption of electrical trucks within the returning decade. In 2020, Tesla, one among the world’s prime makers of energy unit’s has already declared plans to drastically cut back the costs of their EV batteries within the next few years. Alternative prime battery makers like Samsung SDI, Panasonic, LG Chem, SK Innovative, CATL, etc. are operating with prime energy unit makers for achieving this goal within the next 4-5 years.

The initial investment for manufacturing electrical trucks is way higher compared to it of rock oil, diesel or CNG trucks. The worth of elements and machinery used for production is additionally quite high. This can be for the most part because of the high value {of electrical|of electrical} batteries employed in electric trucks. Once battery technology improves and costs fall, the worth of electrical trucks can get less than trucks victimization alternative fuel sorts. The assembly of those trucks is a smaller amount subtle compared to alternative fuel-trucks and so is extremely suffering from the costs of energy unit batteries within the market. As production of those vehicles is presently done on a restricted scale, the price of production of those vehicles continues to be quite high compared to alternative trucks. Consistent with a report on Forbes by energy innovation, the producing value of an electrical truck is way higher presently compared to diesel or gasolene trucks, however by 2030, it'll be five hundredth cheaper compared to diesel and gasolene variants with falling battery costs.

The electric trucks market is going to be suffering from the recent trend of self-driving trucks. Prime OEM’s like Tesla, Volvo, Vera, applied scientist etc. are developing self-driving electrical trucks for the market. Startups like Embark, Einride, TuSimple, Ike, etc. have conjointly started developing self-driving electrical trucks. Self-driving electrical truck technology can increase demand for electrical trucks within the long-standing time because of the assorted benefits like simple use, presence important more options etc. This technology is predicted to mature by future 5-6 years.

Report Metric Details
Market size available for years 2023–2030
Base year considered 2023
Forecast period 2024–2030
Forecast unit Value (USD Million)
Segments covered Vehicle Type, Battery Type , and Region
Regions covered North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered AB Volvo, BYD company Ltd. Daimler AG, Dongfeng Motor Company, Geely Automobiles Holdings Limited, Man SE, Paccar Inc.,Scania ,Tata Motors, Workhorse. 

 


The covid-19 Impact on Electric Trucks Market:

Like several different industries, COVID-19 badly knocked the electronic and semiconductor trade. This new event has compact nearly 230 countries in exactly a couple of weeks, leading to the forced conclusion of producing and transportation activities at intervals and across the countries. This has directly affected the expansion of the sector. It's calculable that COVID-19 to depart over USD thirty billion impacts on the physics and semiconductor trade. The arena is majorly affected thanks to transport restrictions on major physics and semiconductor staple suppliers. However, the rising want for semiconductors in many industries can supply fast market recovery over the longer-term amount.
 
Electric Trucks Market Segment Overview

Electric Trucks Market Segment

The E-Motorcycle segment is predicted to be the fastest-growing segment throughout the forecast amount. The e-motorcycle segment is that the fastest-growing market. Earlier, manufacturers were specializing in developing e-scooters/mopeds as they need a style a lot of appropriate to include the electrical system. However, e-scooters/mopeds have vary and performance constraints; conjointly, they serve the restricted purpose of short-distance travelling solely. With e-motorcycles, users may serve completely different functions like cruising, racing, off-roading, and travelling, which might increase their demand within the future.

Lithium-ion battery phase is predicted to be the fastest-growing phase throughout the forecast amount. The lithium-ion phase is projected to be the faster-growing phase within the electrical scooter and bike market throughout the forecast amount. Makers try to develop electrical scooters and motorcycles equipped with advanced lithium-ion batteries. The restricted lifecycle and usable capability area unit probably to shift the main focus from lead-acid batteries to lithium-ion batteries and drive the electrical scooter and bike market throughout the forecast amount. Another advantage of a lithium-ion battery is light-weight, that helps maintain the energy to weight ratio of the vehicle. Its electrodes area unit product of metallic element and carbon. It will store a lot of energy per kg of weight compared to a storage battery. Also, lithium-ion batteries' value is high, however it's come back down considerably within the previous couple of years and is predicted to scale back additional.

Market Analysis, Insights and Forecast – By Vehicle Type
·       E-Scooter/Moped
·       E-Motorcycle
 
Market Analysis, Insights and Forecast – By Battery Type
·       Sealed lead acid
·       Lithium-ion
 
Electric Trucks Market Regional Overview

Region-wise, in terms of regions, European region accounts for the most important market share for the electrical trucks market within the forecasted period. The electrical trucks market in Europe is segmented into France, Germany, netherlands, Norway, Sweden, and uk. Europe has demanding emission regulation standards. The governments of European region area unit providing immense incentives to market electrical vehicles. As a result, the demand for electrical vehicles has enlarged hugely within the region. The region is home to electrical truck makers like Volvo, Daimler et al.. Europe has set a really bold goal of reducing eightieth CO2 emission by 2050 and has created a roadmap for a similar. The governments of assorted countries in Europe area unit subsidizing electrical infrastructure and therefore the focus can still air electrical vehicles within the long haul.
 
Electric Trucks Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Electric Trucks Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Electric Trucks are highlighted below.
 
·       In August 2020, Okinawa Autotech launched its new electrical scooter, R30. The scooter belongs to the low-speed range, having a most speed of 25 km/h.
 
Electric Trucks Market, Key Players

·       AB Volvo
·       BYD Compay Ltd.
·       Daimler AG
·       Dongfeng Motor Company
·       Geely Automobiles Holdings Limited
·       Man SE
·       Paccar Inc.
·       Scania
·       Tata Motors
·       Workhorse

 

 



Frequently Asked Questions (FAQ) :

Q1. What is the total CAGR expected to be recorded for the Electric Trucks market during the forecast period?

Electric Trucks market is expected to record a CAGR of ~ xx% during the forecast period

Q2. Which segment is projected to hold the largest share in the Electric Trucks Market?

E- motorcycle segment is projected to hold the largest share in the Electric Trucks Market.

Q3. What are the driving factors for the Electric Trucks market?

Due to technological advancements and production of ev batteries on a mass scale, the cost of energy unit batteries has been decreasing over the past decade are key factors that boost the growth of the Electric Trucks market progressively

Q4. Which Segments are covered in the Electric Trucks market report?

Vehicle Type, Battery Type, and Region, these segments are covered in the Electric Trucks market report

Q5. Which are the prominent players offering Electric Trucks?

AB Volvo, BYD company Ltd. Daimler AG, Dongfeng Motor Company, Geely Automobiles Holdings Limited, Man SE, Paccar Inc.,Scania ,Tata Motors, Workhorse

Electric Trucks Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    1. Introduction

    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions

    2. Executive Summary

      3. Market Dynamics

      • 3.1. Market Drivers
      • 3.2. Market Restraints
      • 3.3. Market Opportunities

      4. Key Insights

      • 4.1. Key Emerging Trends – For Major Countries
      • 4.2. Latest Technological Advancement
      • 4.3. Regulatory Landscape
      • 4.4. Industry SWOT Analysis
      • 4.5. Porters Five Forces Analysis

      5. Global Electric Trucks Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Vehicle Type
        • 5.2.1. E-Scooter/Moped
        • 5.2.2. E-Motorcycle
      • 5.3. Market Analysis, Insights and Forecast – By Battery Type
        • 5.3.1. Sealed lead acid
        • 5.3.2. Lithium-ion
      • 5.4. Market Analysis, Insights and Forecast – By Region
        • 5.4.1. North America
        • 5.4.2. Europe
        • 5.4.3. Asia Pacific
        • 5.4.4. Latin America, Middle East, and Africa

      6. North America Electric Trucks Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Vehicle Type
        • 6.2.1. E-Scooter/Moped
        • 6.2.2. E-Motorcycle
      • 6.3. Market Analysis, Insights and Forecast – By Battery Type
        • 6.3.1. Sealed lead acid
        • 6.3.2. Lithium-ion
      • 6.4. Market Analysis, Insights and Forecast – By Country
        • 6.4.1. U.S.
        • 6.4.2. Canada

      7. Europe Electric Trucks Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Vehicle Type
        • 7.2.1. E-Scooter/Moped
        • 7.2.2. E-Motorcycle
      • 7.3. Market Analysis, Insights and Forecast – By Battery Type
        • 7.3.1. Sealed lead acid
        • 7.3.2. Lithium-ion
      • 7.4. Market Analysis, Insights and Forecast – By Country
        • 7.4.1. UK
        • 7.4.2. Germany
        • 7.4.3. France
        • 7.4.4. Italy
        • 7.4.5. Spain
        • 7.4.6. Russia
        • 7.4.7. Rest of Europe

      8. Asia Pacific Electric Trucks Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Vehicle Type
        • 8.2.1. E-Scooter/Moped
        • 8.2.2. E-Motorcycle
      • 8.3. Market Analysis, Insights and Forecast – By Battery Type
        • 8.3.1. Sealed lead acid
        • 8.3.2. Lithium-ion
      • 8.4. Market Analysis, Insights and Forecast – By Country
        • 8.4.1. China
        • 8.4.2. India
        • 8.4.3. Japan
        • 8.4.4. Australia
        • 8.4.5. South East Asia
        • 8.4.6. Rest of Asia Pacific

      9. Latin America, Middle East, and Africa Electric Trucks Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Vehicle Type
        • 9.2.1. E-Scooter/Moped
        • 9.2.2. E-Motorcycle
      • 9.3. Market Analysis, Insights and Forecast – By Battery Type
        • 9.3.1. Sealed lead acid
        • 9.3.2. Lithium-ion
      • 9.4. Market Analysis, Insights and Forecast – By Country
        • 9.4.1. Brazil
        • 9.4.2. Saudi Arabia
        • 9.4.3. UAE
        • 9.4.4. Rest of LAMEA

      10. Competitive Analysis

      • 10.1. Company Market Share Analysis, 2018
      • 10.2. Key Industry Developments
      • 10.3. Company Profile
      • 10.4. AB Volvo
        • 10.4.1. Business Overview
        • 10.4.2. Segment 1 & Service Offering
        • 10.4.3. Overall Revenue
        • 10.4.4. Geographic Presence
        • 10.4.5. Recent Development
      *Similar details will be provided for the following companies
      • 10.5. BYD Compay Ltd.
      • 10.6. Daimler AG
      • 10.7. Dongfeng Motor Company
      • 10.8. Geely Automobiles Holdings Limited
      • 10.9. Man SE
      • 10.10. Paccar Inc.
      • 10.11. Scania
      • 10.12. Tata Motors
      List of Figures

      Figure 1: Global Electric Trucks Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
      Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 9: Global Electric Trucks Market Forecast (USD Billion), by Others, 2016-2027
      Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
      Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
      Figure 16: North America Electric Trucks Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
      Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
      Figure 31: Latin America Electric Trucks Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
      Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
      Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
      Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
      Figure 47: Europe Electric Trucks Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
      Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
      Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
      Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
      Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
      Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
      Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
      Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
      Figure 67: Asia Pacific Electric Trucks Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 68: Asia Pacific Electric Trucks Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
      Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
      Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
      Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
      Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
      Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
      Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
      Figure 86: Middle East & Africa Electric Trucks Market Value Share (%), By Segment 1, 2019 & 2027
      Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
      Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
      Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
      Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
      Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
      Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
      Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
      Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
      Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027 
      List of Tables
      Table 1: Global Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
      Table 5: North America Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 9: Europe Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 13: Latin America Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 17: Asia Pacific Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Table 21: Middle East & Africa Electric Trucks Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
      Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
      Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
      Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027
      Research Process

      Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.

      In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization

      FIGURE 1: DLR RESEARH PROCESS

      research-methodology1

      Primary Research

      Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.

      In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.

      It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.

      Secondary Research

      Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.

      Market Size Estimation

      Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.

      Forecast Model

      research-methodology2