Hong Kong Electric Truck Market Outlook (2020-2025) | COVID-19 IMPACT, Forecast, Companies, Size, Revenue, Trends, Value, Industry, Share, Analysis & Growth

Hong Kong Electric Truck Market report comprehensively covers the market by-charger types, DC charger connector types, DC charger power ratings, and end consumers. Hong Kong Electric Truck market report provides an unbiased and detailed analysis of the ongoing trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Hong Kong Electric Truck Market Synopsis

The electric truck market of Hong Kong is expected to witness a significant in the forecast period, however, several challenges such as Hong Kongn Design Rules (ADRs) and Hong Kong’s Heavy Vehicle National Law are acting as the key barriers to the uptake of commercial trucks. Hong Kongn Design Rules (ADRs) are national standards for vehicle safety - they promote the safe sale and import of vehicles, however, they are not in line with those of international markets, meaning vehicles need to be customized before they are legally roadworthy in Hong Kong. However, the incursion of the COVID-19 pandemic has resulted in a slowdown in the economy during the first half of 2020 further obstructing the growth of the electric vehicle market.

According to 6Wresearch, Hong Kong Electric Truck market size grew at a CAGR of 34.8% during 2020-2025. Hong Kong’s Heavy Vehicle National Law also limits electric truck use as the regulated Gross Vehicle Mass (GVM) limits do not accommodate for the additional weight of the battery when considering vehicle payload which reduces the amount of cargo an electric truck is permitted to carry which further make electric truck an expensive affair in the country.

Key Attractiveness of the Report

• COVID-19 Impact on the Market.
• 6 Years Market Numbers.
• Estimated Data Starting from 2020 to 2025F.
• Base Year: 2019
• Forecast Data until 2025F.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report

• Hong Kong Electric Truck Market Overview
• Hong Kong Electric Truck Market Outlook
• Hong Kong Electric Truck Market Forecast
• Historical Data and Forecast Hong Kong Electric Truck Market Revenues and Volume for the Period 2019-2025F
• Historical Data and Forecast of Hong Kong Electric Truck Market Revenues and Volume, By Vehicle Types, for the Period 2019-2025F
• Historical Data and Forecast of Hong Kong Electric Truck Market Revenues and Volume, By Charger Types, for the Period 2019-2025F
• Historical Data and Forecast of Hong Kong Electric Truck Market Revenues and Volume, By DC Charger Connector Types, for the Period 2019-2025F
• Historical Data and Forecast of Hong Kong Electric Truck Market Revenues and Volume, By DC Charger Power Ratings, for the Period 2019-2025F
• Historical Data and Forecast of Hong Kong Electric Truck Market Revenues and Volume, By Charger End Consumers, for the Period 2019-2025F
• Market Drivers and Restraints
• Industry Life Cycle
• Porter’s Five Force Analysis
• Impact Analysis of COVID-19
• Market Trends
• Hong Kong Vehicle Market Revenue Ranking, By Companies
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Charger Types

• AC
• DC

By DC Charger Connector Types

• CHAdeMO
• CCS
• Others (including Tesla superchargers and GB/T)

By DC Charger Power Ratings

• 40-80 kW
• 80-120 kW
• 120-200 kW
• By Charger End Consumers
• Public
• Private