Microcars - Global Strategic Business Report

Report
197 Pages
July 2024
Region: Global
Global Industry Analysts, Inc
ID: 2586884

The global market for Microcars is estimated at US$46.6 Billion in 2023 and is projected to reach US$56.1 Billion by 2030, growing at a CAGR of 2.3% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Electric Microcars segment, which is expected to reach US$25.1 Billion by 2030 with a CAGR of 2.9%. The Hybrid Microcars segment is also set to grow at 1.9% CAGR over the next 8 years.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Microcars Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Microcars Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Microcars Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Ford Motor Company, Nissan Motor Co., Ltd., Daimler AG, and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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

MarketGlass Platform

Our reports are enhanced by the MarketGlass platform, which brings together industry experts and influencers to provide high-quality, accurate insights. This unique platform allows us to gather comprehensive data and market perspectives, ensuring you receive the most reliable and detailed analysis available.

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Microcars - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2024 (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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030

JAPAN

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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030

CHINA

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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030

EUROPE

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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030

ASIA-PACIFIC

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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 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 2023 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 2022 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, 2024 & 2030

IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

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

Table Information

Report Attribute	Details
No. of Pages	197
Published	July 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 46.6 Billion
Forecasted Market Value ( USD ) by 2030	$ 56.1 Billion
Compound Annual Growth Rate	2.7%
Regions Covered	Global

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Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 57 Featured):

MarketGlass Platform

Table of Contents

Companies Mentioned (Partial List)

Table Information

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