MEDIUM AND HEAVY-DUTY (M&HD) VEHICLE ELECTRIFICATION IS TAKING OFF, WITH 34.1% CAGR BETWEEN 21-27.
M&HD vehicles are close to adopting electrification widely. This segment will grow from 75,000 vehicles sold in 2021 to 436,000 in 2027, a compound annual growth rate for this period (CAGR21-27) of 34.1%. The main growth comes from battery electric vehicles (BEVs), just as happened in Light Duty (LD) vehicles, including passenger vehicles and light duty commercial vehicles, but 6-8 years later.
M&HD COMMERCIAL VEHICLES SHOULD BENEFIT FROM ELECTRIFICATION SYNERGY WITH LD VEHICLES.
Leading M&HD commercial vehicle manufacturers find good synergies between buses and trucks.
Tier-1 part suppliers find more synergy with the LD vehicle segment. Some suppliers have businesses in both LD and M&HD vehicles, while there are specific suppliers for power converters.
For Tier-2 component suppliers, at least semiconductor suppliers, there is no distinction between LD or M&HD vehicles. Both segments increasingly require automotive standard devices, configured at sub-system level to meet specific requirements. On one hand, M&HD vehicles can benefit from the rapid development driven by LD vehicles. On the other hand, since the total volume is much smaller, it is more challenging to secure supplies.
Although less vertical integration is seen in M&HD, several vehicle makers are manufacturing their own inverters and motors, at least. Uniquely in China, some inverter suppliers exist specifically for M&HD vehicles.
NEW TECHNOLOGIES, SUCH AS SIC MOSFETS, HIGH VOLTAGE SYSTEM INTEGRATION, DEDICATED BEV PLATFORMS, ETC. ARE PENETRATING TO M&HD.
BEVs and Fuel Cell Electric Vehicles (FCEVs) will be the main technologies for M&HD commercial vehicles, which also find synergy as FCEVs mostly use an electric powertrain of battery, inverter and motor.
New technologies, such as SiC Metal Oxide Semiconductor Field Effect Transistors (MOSFETs), high voltage system integration, and dedicated BEV platforms are penetrating from LD to M&HD. However, implementing these concepts must be tailored to M&HD requirements, such as high continuous power, high torque, axles, complex gearboxes, high utilization and high reliability.
Glossary
xEV classification and terms used in this report
Table of contents
Report objectives
Report scope
Report methodology and definitions
About the author
Companies cited in this report
Three-page summary
Executive summary
Context
- Commercial vehicle classification
- On-road transportation electrification
Market forecasts
- Global M&HD commercial vehicle market
- Global electrified medium- & heavy-duty truck market
- Global electrified bus & coach market
- Converter market for electrified M&HD vehicles
- Comparison of converters for electrified LD and M&HD vehicles
- Power device market for electrified M&HD vehicles
- Comparison of power devices for electrified LD and M&HD vehicles
- Comparison of SiC penetration in LD and M&HD vehicles
- Si wafer market for electrified M&HD vehicles
- SiC wafer market for electrified M&HD vehicles
Market trends
- Status of M&HD vehicle electrification
- Regulations on commercial vehicle electrification
- OEM and fleet customer commitments
- M&HD vehicle retrofitting for electrification
Supply chain
- Supply chain overview: LD vs M&HD vehicles
- Global M&HD BEV truck OEMs
- Global BEV bus OEMs
- Global M&HD commercial vehicle OEMs
- Start-ups in M&HD electrification (BEV & FCEV)
- Converter suppliers of electric systems for M&HD vehicles
- Power device suppliers for electrified vehicles
- Who-supplies-to-whom
- China focus
Technology trends
- Technical requirements for M&HD vehicle electrification
- Converters for M&HD vehicles
- Voltage platform for M&HD vehicles
- Integration of drivetrain in M&HD vehicles
- Power electronics for M&HD vehicles
- Power module packaging
- ‘Skateboard’ chassis for M&HD vehicles
- Energy replenishment choices for M&HD vehicles
High-power charging
Battery swapping
Others (pathography and wireless)
- Alternative technologies for M&HD vehicles
- FCEV
- ICE-based: H2, e-fuel, & bio-fuel
- Batteries for M&HD vehicles
Outlook
Yole Group corporate presentation