Electric Transporters Market Size Analysis and Top Companies
The electric transporters market size is projected to hit around USD 96.69 billion by 2033 from USD 43.08 billion in 2024 with a CAGR of 8.42%. The top companies operating in the electric transporters are AllCell Technologies LLC, BMW Motorrad International, BOXX Corporation, Kiwano, Ninebot Inc., Razor USA LLC, Hama GmbH & Co KG, Honda Motor Co. Ltd., Jiangsu Xinri E-Vehicle Co., Ltd., Airwheel Holding Ltd., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Market Size by 2033 |
USD 96.69 Billion |
| Market Size in 2023 |
USD 43.08 Billion |
| Market Growth Rate from 2024 to 2034 |
CAGR of 8.42% |
| Largest Market |
Largest Market |
| Base Year |
2023 |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Vehicle, Battery, Voltage, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Electric Transporters Key Players
- AllCell Technologies LLC
- BMW Motorrad International
- BOXX Corporation
- Kiwano
- Ninebot Inc.
- Razor USA LLC
- Hama GmbH & Co KG
- Honda Motor Co. Ltd.
- Jiangsu Xinri E-Vehicle Co., Ltd.
- Airwheel Holding Ltd.
Recent Developments
- In June 2023, Mercedes launched the EQT electric transporter in Germany, which includes a range of sector-specific electric mobility solutions.
- In May 2022, Tata Motors introduced e-cargo transport solutions that are the most innovative transporter including zero-emission, four-wheel small commercial vehicles (SCV) to serve a wide variety of intra-city applications.
Latest Announcements by Leaders
- In June 2024, in an exclusive interview with NBC News, General Motors CEO Mary Barra said the storied automaker's plan to turn its fleet 100% electric will now play out over decades. Barra's remarks come amid a softening sales environment for electric vehicles in the U.S.
- In June 2024, Polestar announced plans to introduce new electric vehicles in seven new markets, such as Europe, Asia, and South America. Europe is the focus of most China-owned car brands. The Polestar brand comes from Volvo, which is owned by China-based Geely.
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