(MENAFN- GlobeNewsWire - Nasdaq) New York, May 25, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Microcars Industry" -
Electric Fuel Type, one of the segments analyzed in the report, is projected to record a 3.2% CAGR and reach US$26.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hybrid segment is readjusted to a revised 2.2% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 3.3% CAGR
The Microcars market in the U.S. is estimated at US$3.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$6.4 Billion by the year 2030 trailing a CAGR of 3.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 2.0% respectively over the 2022-2030 period.
Select Competitors (Total 57 Featured)
- Ford Motor Company
- Nissan Motor Co., Ltd.
- Daimler AG
- General Motors Company
- Honda Motor Co., Ltd.
- Mahindra & Mahindra Ltd.
- Bayerische Motoren Werke AG (BMW GROUP)
- Mitsubishi Motors Corporation
- Daihatsu Motor Co., Ltd.
- BYD Co., Ltd.
- Kia Motors Corporation
- Maruti Suzuki India Ltd.
- Hyundai Motor Company
- Mercedes-Benz AG
- Fiat Automobiles Group
Read the full report:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Microcars - Global Key Competitors Percentage Market Share in
2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2022 (E)
Impact of COVID-19 Pandemic and Looming Global Recession
2020: A Year of Disruption & Transformation
As the Race between the Virus & Vaccines Intensifies, Where is
the World Economy Headed in 2021?
World Economic Growth Projections (Real GDP, Annual % Change)
for 2020 through 2022
How the Automotive Industry was Impacted by the Pandemic &
What?s the New Normal?
Car Production YoY % Growth in 2020 Across Major Regional Markets
Pandemic Impacts Demand for Microcars
Increased Use of Mask-Vacation Pods at Workspaces, An
Opportunity for Microcars
An Introduction to Microcars
Microcars: Promising Alternative to Traditional Vehicles
Global Market Prospects & Outlook
Developing Regions to Witness High Growth
Competition
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growing Challenges of Urban Transportation Enhance Importance
of Microcars
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of
Total Population by Geographic Region for the Years 1950,
1970, 1990, 2018, 2030 and 2050
Growing Road Congestion and Restricted Parking Spaces Fuel Need
for Smaller Microcars
Urbanization and Emergence of Smart Cities Spurs Demand for
Light Vehicles, Microcars to Benefit
Global Smart Cities Market: Annual Sales in US$ Million for
Years 2020 and 2027
Rise in Two-Wheeler Accidents Turns Consumers towards Microcars
Regulatory Pressures to Reduce Carbon Emissions Drives Focus
onto Micro-Electric Vehicles
Trend towards Small and Low-Speed Electric Vehicles
Hybrid Cars to Remain in Race in Near Term
Government Support for Electric Vehicles: Micro-Electric
Vehicles Market to Benefit
Micro-Mobility Trend Fuels Importance of Microcars
Global Micromobility Market Size (in $ Billion) for 2020, 2023
and 2026
Could Microcars Emerge as the Future of Shared Mobility Services?
Microcars Proved to be Successful for Car Sharing even before
Pandemic
The Advantage of License-free Driving Bodes Well for Microcars
Market
Changing Mobility Trends Affect Design Changes
Motorized Quadricycles Market: Poised for Healthy Growth
Safety Aspect Remains High Priority among Consumers
Stringent Eco-Norms and Safety Rules to Increase Prices of
Microcars
Small Engine Compact Cars to Witness Robust Demand
Solar Electric Microcar - A New Development
Consumer Perceptions: A Major Hindrance for Adoption of Microcars
4. GLOBAL MARKET PERSPECTIVE
Table 1: World Recent Past, Current & Future Analysis for
Microcars by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 2: World Historic Review for Microcars by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2021 and % CAGR
Table 3: World 15-Year Perspective for Microcars by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World Markets
for Years 2015, 2023 & 2030
Table 4: World Recent Past, Current & Future Analysis for
Electric by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 5: World Historic Review for Electric by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2021 and % CAGR
Table 6: World 15-Year Perspective for Electric by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2023 & 2030
Table 7: World Recent Past, Current & Future Analysis for
Hybrid by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 8: World Historic Review for Hybrid by Geographic Region -
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World Markets - Independent Analysis of Annual Sales in US$
Million for Years 2015 through 2021 and % CAGR
Table 9: World 15-Year Perspective for Hybrid by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2023 & 2030
Table 10: World Recent Past, Current & Future Analysis for
Petrol / Diesel by Geographic Region - USA, Canada, Japan,
China, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2022 through 2030 and % CAGR
Table 11: World Historic Review for Petrol / Diesel by
Geographic Region - USA, Canada, Japan, China, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Sales in US$ Million for Years 2015 through 2021 and
% CAGR
Table 12: World 15-Year Perspective for Petrol / Diesel by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2015, 2023 & 2030
Table 13: World Recent Past, Current & Future Analysis for
Personal by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 14: World Historic Review for Personal by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2021 and % CAGR
Table 15: World 15-Year Perspective for Personal by Geographic
Region - Percentage Breakdown of Value Sales for USA, Canada,
Japan, China, Europe, Asia-Pacific and Rest of World for Years
2015, 2023 & 2030
Table 16: World Recent Past, Current & Future Analysis for
Commercial by Geographic Region - USA, Canada, Japan, China,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2022 through
2030 and % CAGR
Table 17: World Historic Review for Commercial by Geographic
Region - USA, Canada, Japan, China, Europe, Asia-Pacific and
Rest of World Markets - Independent Analysis of Annual Sales in
US$ Million for Years 2015 through 2021 and % CAGR
Table 18: World 15-Year Perspective for Commercial by
Geographic Region - Percentage Breakdown of Value Sales for
USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of
World for Years 2015, 2023 & 2030
Table 19: World Microcars Market Analysis of Annual Sales in
US$ Million for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
Microcars Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in the United States for 2023 (E)
Microcars for Car Sharing in the US
Table 20: USA Recent Past, Current & Future Analysis for
Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 21: USA Historic Review for Microcars by Fuel Type -
Electric, Hybrid and Petrol / Diesel Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 22: USA 15-Year Perspective for Microcars by Fuel Type -
Percentage Breakdown of Value Sales for Electric, Hybrid and
Petrol / Diesel for the Years 2015, 2023 & 2030
Table 23: USA Recent Past, Current & Future Analysis for
Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 24: USA Historic Review for Microcars by Application -
Personal and Commercial Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2021 and %
CAGR
Table 25: USA 15-Year Perspective for Microcars by Application -
Percentage Breakdown of Value Sales for Personal and
Commercial for the Years 2015, 2023 & 2030
CANADA
Table 26: Canada Recent Past, Current & Future Analysis for
Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 27: Canada Historic Review for Microcars by Fuel Type -
Electric, Hybrid and Petrol / Diesel Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 28: Canada 15-Year Perspective for Microcars by Fuel Type -
Percentage Breakdown of Value Sales for Electric, Hybrid and
Petrol / Diesel for the Years 2015, 2023 & 2030
Table 29: Canada Recent Past, Current & Future Analysis for
Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 30: Canada Historic Review for Microcars by Application -
Personal and Commercial Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2021 and %
CAGR
Table 31: Canada 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
JAPAN
Microcars Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Japan for 2023 (E)
Market Overview
Japanese Minicars Market Breakdown by Leading Manufacturers (In
%) for 2020
Increased Prominence of EVs: Implications for Keis Market
Table 32: Japan Recent Past, Current & Future Analysis for
Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 33: Japan Historic Review for Microcars by Fuel Type -
Electric, Hybrid and Petrol / Diesel Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 34: Japan 15-Year Perspective for Microcars by Fuel Type -
Percentage Breakdown of Value Sales for Electric, Hybrid and
Petrol / Diesel for the Years 2015, 2023 & 2030
Table 35: Japan Recent Past, Current & Future Analysis for
Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 36: Japan Historic Review for Microcars by Application -
Personal and Commercial Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2021 and %
CAGR
Table 37: Japan 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
CHINA
Microcars Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in China for 2023 (E)
Market Overview
Carbon Credits Program to Expand Micro Vehicles Market in China
Table 38: China Recent Past, Current & Future Analysis for
Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 39: China Historic Review for Microcars by Fuel Type -
Electric, Hybrid and Petrol / Diesel Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 40: China 15-Year Perspective for Microcars by Fuel Type -
Percentage Breakdown of Value Sales for Electric, Hybrid and
Petrol / Diesel for the Years 2015, 2023 & 2030
Table 41: China Recent Past, Current & Future Analysis for
Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 42: China Historic Review for Microcars by Application -
Personal and Commercial Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2021 and %
CAGR
Table 43: China 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
EUROPE
Microcars Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Europe for 2023 (E)
Market Overview
Table 44: Europe Recent Past, Current & Future Analysis for
Microcars by Fuel Type - Electric, Hybrid and Petrol / Diesel -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 45: Europe Historic Review for Microcars by Fuel Type -
Electric, Hybrid and Petrol / Diesel Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 46: Europe 15-Year Perspective for Microcars by Fuel Type -
Percentage Breakdown of Value Sales for Electric, Hybrid and
Petrol / Diesel for the Years 2015, 2023 & 2030
Table 47: Europe Recent Past, Current & Future Analysis for
Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 48: Europe Historic Review for Microcars by Application -
Personal and Commercial Markets - Independent Analysis of
Annual Sales in US$ Million for Years 2015 through 2021 and %
CAGR
Table 49: Europe 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
ASIA-PACIFIC
Microcars Market Presence - Strong/Active/Niche/Trivial - Key
Competitors in Asia-Pacific for 2023 (E)
Promising Potential for Microcars Market in India
Table 50: Asia-Pacific Recent Past, Current & Future Analysis
for Microcars by Fuel Type - Electric, Hybrid and Petrol /
Diesel - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 51: Asia-Pacific Historic Review for Microcars by Fuel
Type - Electric, Hybrid and Petrol / Diesel Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2015 through 2021 and % CAGR
Table 52: Asia-Pacific 15-Year Perspective for Microcars by
Fuel Type - Percentage Breakdown of Value Sales for Electric,
Hybrid and Petrol / Diesel for the Years 2015, 2023 & 2030
Table 53: Asia-Pacific Recent Past, Current & Future Analysis
for Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 54: Asia-Pacific Historic Review for Microcars by
Application - Personal and Commercial Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 55: Asia-Pacific 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
REST OF WORLD
Table 56: Rest of World Recent Past, Current & Future Analysis
for Microcars by Fuel Type - Electric, Hybrid and Petrol /
Diesel - Independent Analysis of Annual Sales in US$ Million
for the Years 2022 through 2030 and % CAGR
Table 57: Rest of World Historic Review for Microcars by Fuel
Type - Electric, Hybrid and Petrol / Diesel Markets -
Independent Analysis of Annual Sales in US$ Million for Years
2015 through 2021 and % CAGR
Table 58: Rest of World 15-Year Perspective for Microcars by
Fuel Type - Percentage Breakdown of Value Sales for Electric,
Hybrid and Petrol / Diesel for the Years 2015, 2023 & 2030
Table 59: Rest of World Recent Past, Current & Future Analysis
for Microcars by Application - Personal and Commercial -
Independent Analysis of Annual Sales in US$ Million for the
Years 2022 through 2030 and % CAGR
Table 60: Rest of World Historic Review for Microcars by
Application - Personal and Commercial Markets - Independent
Analysis of Annual Sales in US$ Million for Years 2015 through
2021 and % CAGR
Table 61: Rest of World 15-Year Perspective for Microcars by
Application - Percentage Breakdown of Value Sales for Personal
and Commercial for the Years 2015, 2023 & 2030
IV. COMPETITION
Read the full report:
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