Europe Electric Trucks Market Size & Outlook, 2026-2033
The electric trucks market in Europe is expected to reach a projected revenue of US$ 26,644.3 million by 2033. A compound annual growth rate of 21.5% is expected of Europe electric trucks market from 2026 to 2033.
- Automotive, Mobility & Logistics
- E-Mobility & Charging Infrastructure
- Electric Trucks Market Outlook
- E-Mobility & Charging Infrastructure
Revenue, 2025 (US$M)
$5,191.3
Estimate, 2026 (US$M)
$6,820.3
Forecast, 2033 (US$M)
$26,644.3
CAGR, 2026 - 2033
21.5%
Global Market
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Europe electric trucks market highlights
- The Europe electric trucks market generated a revenue of USD 5,191.3 million in 2025.
- The market is expected to grow at a CAGR of 21.5% from 2026 to 2033.
- In terms of segment, light duty trucks was the largest revenue generating vehicle type in 2025.
- Medium Duty Trucks is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2026 to 2033.
Europe data book summary
| Market revenue in 2025 | USD 5,191.3 million |
| Market revenue in 2033 | USD 26,644.3 million |
| Growth rate | 21.5% (CAGR from 2026 to 2033) |
| Largest segment | Light duty trucks |
| Fastest growing segment | Medium Duty Trucks |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Duty Trucks, Medium Duty Trucks, Heavy Duty Trucks |
Other key industry trends
- In terms of revenue, Europe region accounted for 13.2% of the global electric trucks market in 2025.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- North America is the fastest growing regional market and is projected to reach USD 9,425.2 million by 2033.
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Publish Date: Mar 24, 2026
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Electric Trucks Market Scope
Electric Trucks Market segmentation & scope
Electric Trucks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Navistar | View profile | 10001+ | Lisle, Illinois, United States, North America | www.navistar.com |
| PACCAR Inc | View profile | 32,400 | 777-106th Avenue N.E., Bellevue, WA, United States, 98004 | www.paccar.com |
| Daimler Truck Holding AG ADR | View profile | 104,213 | Fasanenweg 10, Leinfelden-Echterdingen, BW, Germany, 70771 | www.daimlertruck.com |
| BYD Company | View profile | 10001+ | Shenzhen, Guangdong, China, Asia | en.byd.com |
| Scania | View profile | 10001+ | Södertälje, Vasternorrlands Lan, Sweden, Europe | www.scania.com |
| Isuzu Motors | View profile | 251-500 | Anaheim, California, United States, North America | www.isuzu.com/ |
| Dongfeng Motor Corporation | View profile | 501-1000 | Wuhan, Hubei, China, Asia | www.dfmc.com.cn |
| Foton | View profile | 101-250 | Cuajimalpa, Tabasco, Mexico, North America | www.foton.mx |
| FAW Group | View profile | 10001+ | Changchun, Jilin, China, Asia | www.faw.com/ |
Europe Electric Trucks Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Electric Trucks Market Outlook will help companies and investors design strategic landscapes.
Light Duty Trucks was the largest segment with a revenue share of 83.76% in 2025.
Horizon Databook has segmented the Europe electric trucks market based on light duty trucks, medium duty trucks, heavy duty trucks covering the revenue growth of each sub-segment from 2021 to 2033.
- Europe Electric Trucks Market Vehicle Type Outlook (Revenue, USD Million , 2021-2033)
- Light Duty Trucks
- Medium Duty Trucks
- Heavy Duty Trucks
- Europe Electric Trucks Market Propulsion Type Outlook (Revenue, USD Million , 2021-2033)
- BEV
- PHEV
- HEV
- Europe Electric Trucks Market Vehicle Range Outlook (Revenue, USD Million , 2021-2033)
- Upto 300 miles
- 300 to 600 miles
- Above 600 miles
- Europe Electric Trucks Market Application Outlook (Revenue, USD Million , 2021-2033)
- Logistics & Delivery
- Construction
- Waste Management
- Other Application
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe Electric Trucks Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Europe Electric Trucks Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Europe Electric Trucks Market, 2021-2033 (US$M)
Europe Vehicle Type - Electric Trucks Market Statistics, 2025 - 2033 (US$M)
