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Microcars - Global Strategic Business Report

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    Report

  • 197 Pages
  • March 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.

Table of Contents

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