Delivery Vans Market

Delivery Vans: Introduction

• A van is a kind of road vehicle used to move passengers or cargo. The tiniest vans, called microvans, are employ to transport a very small number of either products or people. A van may be larger or smaller than a pickup truck, an SUV, and a regular automobile depending on its type. Compact MPVs, mini MPVs, and MPVs are all small vans that are typically used to transport a small number of passengers. Larger vans with passenger seats are employed for institutional uses, including the transportation of students. Larger vans with only the front seats are frequently employed for corporate transportation of supplies and machinery. Television stations employ specially equipped vans as mobile studios. Large step vans are used by courier firms and postal agencies to transport packages.

Key Drivers of Global Delivery Vans Market:

• Use of e-commerce platform during the coronavirus pandemic increased exponentially and furthermore, it is likely to fuel the demand for delivery vans across the globe. Growing consumer trend toward online shopping is driving the transportation of goods and commodities across the globe, which is likely to boost the electric parcel delivery van market across the globe.
• Adoption of autonomous electric vans for food delivery by large food providers and restaurants is expected to drive the global market for electric parcel delivery vans
• The global market for electric parcel delivery vans is expected to grow due to the increase in demand for vehicle electrification and enactment of stringent emission regulations worldwide to limit the emission of dangerous gases from vehicles. However, major governments throughout the world are likely to outlaw them because most parcel delivery vans use diesel engines. This is expected to propel the demand for electric parcel delivery vans globally.

Restraints of Global Delivery Vans Market:

• New online categories including grocery and home care are growing slowly in the e-commerce industry due to COVID-19's short-term disruption and long-term structural changes. People chose to order their daily essentials online throughout the pandemic owing to their tendency to isolate themselves. Consequently, suppliers are currently developing autonomous vehicles, such as robots and drones, to deliver items to customers without the need for human intervention.

Opportunities in Global Delivery Vans Market:

• The commercial vehicle landscape is positioned for seismic shifts due to the announcement of ICE phase-out deadlines. The economy's health has a significant impact on the van market, with housing and retail having an impact on demand. Vans, regardless of their powertrains, were frequently in short supply because to the epidemic, which led to an upsurge in home delivery services.
• The World Economic Forum predicts that from 2020 to 2030, demand for urban last-mile deliveries would increase by 78%. Consequently, the 100 most populous cities are likely to witness a 36% increase in delivery vehicles.
• Increase in demand for fast delivery of packages and rise in technological advancements in delivery vehicles further boost the autonomous delivery van market growth

Regional Outlook of Global Delivery Vans Market

• Europe is expected to hold for a major share of the global parcel delivery van market due to rapid expansion of logistics and warehouse industries across the region. Enactment of stringent emission norms to reduce pollution is also anticipated to augment the electric parcel delivery van market in the region. Europe has presence of major original equipment manufacturers as well as tier-1 suppliers, including Daimler AG who have major facilities that undertake research & development on the electric vehicle, which is likely to propel the electric parcel delivery van market in Europe.
• Followed by Europe, Asia Pacific is projected to hold a significant share of the global parcel delivery van market due to an increase in adoption of e-commerce and delivery platforms across the region. Rise in transportation of goods and commodities across the region is likely to boost the parcel delivery van market across the region. Major e-commerce companies are heavily investing in the region for expansion of their business, which is projected to increase the demand for parcel delivery vans across the region.

Key Players Operating in Global Delivery Vans Market:

The major players operating in the global delivery vans market are mentioned as below:

• Daimler AG
• London EV Company Ltd
• Fiat Automobile S.p.A.
• PSA Group
• Ford Motor Company
• Toyota Motor Corporation
• BYD Company
• Tesla Inc.
• Nissan Motor Corporation
• Renault Automobile
• StreetScooter GmbH
• Volkswagen Group
• IVECO
• Alke

Global Delivery Vans Market, Research Scope

Global Delivery Vans Market, by Vehicle Type

• Light-Duty Vehicle
• Medium-Duty Vehicle
• Heavy-Duty Vehicle

Global Delivery Vans Market, by Propulsion

• ICE Van
• Electric Van

Global Delivery Vans Market, by End-user

• Transport and Logistics
• Retail
• Others

Global Delivery Vans Market, by Gross Weight

• 3.5-5 Ton
• 6-7.5 Ton
• >8 Ton

Global Delivery Vans Market, by Operation

• Manual
• Autonomous

Global Delivery Vans Market, by Region

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
  • Nordic Region
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • ASEAN
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • GCC
  • Turkey
  • South Africa
  • Rest of Middle East & Africa