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Parcel Delivery Vehicle Market Share

Report ID: GMI5618
Published Date: May 2023
Report Format: PDF

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Parcel Delivery Vehicle Market Share

The global market for parcel delivery vehicle is highly competitive, with several key participants operating in the landscape. Some of them include

Ford Motor Company
General Motors
Nissan Motor Co.
Jeep
Honda Motor Company
Isuzu Motors Limited
Rivian

These companies are focusing on developing innovative products and creating strategic partnerships to stay ahead in the market.

For instance, in December 2022, DHL Express Canada became a client of BrightDrop, the electric delivery van division of General Motors, marking the company's entry into the global market. At the Ontario CAMI Assembly facility of General Motors, BrightDrop has also begun producing its Zevo 600 delivery vans (previously known as EV600).

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of parcel delivery vehicle surpassed USD 100 billion in 2022 and is anticipated to expand at 7% CAGR from 2023 to 2032, says this GMI report.

Parcel delivery vehicle industry share from the diesel propulsion segment will cross USD 130 billion by 2032 owing to the adoption of greener technology and the growing emphasis on sustainability.

Parcel delivery vehicle industry in North America is expected to attain 7.5% gains during 2023 to 2032 attributed to the demand for goods and commodities in the region.

Some of the key players in the parcel delivery vehicle business landscape include Ford Motor Company, General Motors, Nissan Motor Co., Jeep, Honda Motor Company, Isuzu Motors Limited, and Rivian.