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2021
E-suv Market

E-SUV Market by Propulsion (Battery Electric Vehicle, and Hybrid Vehicle), Type (Compact Crossover, Crossover, Mid-Size, and Full-Size), and Seating Capacity (5-Seater, and 6-Seater, and Above): Global Opportunity Analysis and Industry Forecast, 2021–2030

A13129
Pages: 299
Aug 2021 | 213 Views
   
Author(s) : Omkar Bachal , Sonia Mutreja
Tables: 134
Charts: 92
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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E-SUV Market Statistics 2030 -

The global e-SUV market was valued at $35,572.5 million in 2020, and is projected to reach $252,721.7 million by 2030, registering a CAGR of 25.1%. Asia-Pacific was the highest revenue contributor, accounting for $13,926.6 million in 2020, and is estimated to reach $111,071.2 million by 2030, with a CAGR of 27.0%.    

The spread of the COVID-19 pandemic has negatively impacted the global e-SUV market, owing to commute restrictions, negative demand outlook and expected weak financial performance of the market players in 2020. Market participants of e-SUV are following certain approaches to manage the operations by slashed budgets, extended equipment lifecycles, decreased staff sizes, and reduced salaries in the short term to overcome the financial downturn. The demand from end users has reduced at a considerable level as there is low consumer confidence and high vehicle prices.

E-SUV refers to the electric sports utility vehicle, which drives through the hybrid or battery electric propulsion systems that combines off-road vehicle as well as road-going passenger vehicle. E-SUV are equipped with all-wheel drive (AWD) or four-wheel drive system (4WD) to operate on both rough terrain surface and public roads to attain operational requirements. E-SUV is a popular amongst the electric passenger vehicle owners, owing to its operational capability, high end technology enabled vehicles, along with improved safety. E-SUV has several benefits over conventional automotive, including improved vehicle dynamics, reduced fuel consumption, and low noise electric drive. However, e-SUV is associated with high cost from all aspects such as acquisition cost and maintenance cost compared to other passenger vehicles.

e-SUV-Market-2021-2030

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Factors, such as increase in penetration of fuel-efficient mobility solution and decrease in battery cost per KWH are expected to drive growth of the e-SUV market. However, decrease in sales and production of automotive and high manufacturing cost of electric driven SUV restrain the market growth. On the contrary, growth in developing nations, and development of e-SUV integrated with high-end technologies are projected to offer lucrative growth opportunities for the market players.

The global e-SUV market is segmented on the basis of propulsion, type, seating capacity, and region. On the basis of propulsion, the market is divided into battery electric vehicle and hybrid vehicle. On the basis of type, it is categorized into compact crossover, crossover, mid-size, and full-size. By seating capacity, it is fragmented into 5-seater, and 6-seater, and above. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Leading players and their key business strategies have been analyzed in the report to gain a competitive insight into the market. Key players covered in the report include BMW Group, BYD Company Limited, Daimler AG, Ford Motor Company, Groupe Renault, Honda Motor Co., Ltd, Kia Corporation, Tata Motors, Tesla, Volkswagen AG, and Volvo Car Corporation. 

Increase in penetration of fuel-efficient mobility solution

In the recent years, the automotive industry has witnessed drastic change in terms of technological evolution. To cater to the changing demands of consumers, OEMs are relying on electrical components, owing to their output efficiency and lightweight; thus, making vehicle electrification a fuel economic solution. In addition, hybrid and electric vehicles are fuel efficient transportation solution as compare to gasoline-driven vehicles. Moreover, emission from vehicles is a crucial factor, as harmful greenhouse gases are released, which increase environmental and health concerns. Thus, governments across the globe are implementing vehicle emission norms to control greenhouse emission and maintain environmental balance. Manufacturers need to comply with these regulations to control the emission level. For instance, from April 2020, the Government of India implemented the BS6 emission standard to control the outflow of air pollutants from vehicles. Furthermore, electrification is the future step as majority of the carmakers are in-lining toward the hybrid driven vehicles development to cater the changing requirement of the end users and policy makers to cope up with green mobility requirements. For instance, in 2021, Groupe Renault goals to achieve 35% from hybrid models and 30% of sales from fully electric cars by 2025. Thus, all these factors collectively escalate the demand for e-SUV in the near future.  

E-SUV Market
By Propulsion

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Hybrid Vehicle segment is projected as the most lucrative segments

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Decrease in sales and production of automotive

The automotive industry has witnessed decline in the overall growth from the last straight three years, which results in reduced sales as well as production of automotive. This is majorly attributed to changes in manufacturing standard of the automotive and low consumer confidence for buying the vehicles due to uncertainty in the government regulations regarding emission and safety, which, in turn, increases the prices of automotive. The growth of the e-SUV market movement is completely dependent on the automotive industry outlook. Thus, lowering automotive demand and weaken vehicle sales outlook is expected to hamper the growth of the overall market. According to OICA (Organisation Internationale des Constructeurs d'Automobiles) registered total automotive production of 95.6 Mn units in 2018, and it has reached 77.6 Mn units in 2020. Moreover, the automotive industry is witnessing slower growth than expected, which is likely to downturn the demand for e-SUV market in the upcoming years.

E-SUV Market
By Type

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Mid-Size segment is projected as the most lucrative segments

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High manufacturing cost of electric driven SUV

Electric driven vehicles are advantageous over conventional engine driven vehicles, but the cost of electric vehicles is much higher than internal combustion engine-powered vehicles. The main shortcomings of the existing lithium-ion battery technologies are their low energy density and high costs of manufacturing (a significant fraction of the total electric vehicle price). Electric vehicles are getting immensely popular across the globe. However, due to their high costs, the battery-powered vehicles have managed to occupy a low share in the sales of automobile in several countries. For instance, consumers in the UK purchased more than 75,000 electric cars in till October 2020. However, the UK market share of battery-powered cars was still only 5.5%. The cheapest electric cars available in the Europe market start at around $25,000. This is about twice the price of an entry-level gasoline-powered car. Electric sports utility vehicles are much spacious than the compact and mid-size passenger cars which directly influence the overall pricing of the vehicle by considering the material requirements and manufacturing cost. The high-cost factor associated with e-SUV is anticipated to hamper the growth of the e-SUV market over the forecast timeframe.

E-SUV Market
By Seating Capacity

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5 seater segment is projected as the most lucrative segments

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Development of e-SUV integrated with high-end technologies

Since their introduction, electric sports utility vehicles have witnessed several technological advancements in battery technologies, charging efficiency, and range. The improved efficiency of electric sports utility vehicles has resulted in the launch of several all-electric and hybrid models in the market. The International Energy Agency (IEA) predicts that the number of electric vehicles across the globe will be 125 million by 2030. Although the advancements in lithium-ion battery technologies have been quite slow over the years, the on-going improvements in the higher-yield fabrication process, anode & cathode material, cell chemistry, and economies of scale are anticipated to result in a significant reduction in battery cost over the years. Moreover, developments regarding the search for outdated lithium-ion battery alternatives, such as miniaturized solid oxide fuel cells, micro-capacitors, gold nanowire technology, aluminum-graphite, and graphene polymer, are anticipated to offer more efficient and viable electric sports utility vehicles over the years. A major issue with the current fleet of electric sports utility vehicles is the high charging time. To overcome this issue, companies, such as, Porche has developed a supercharging solution that can recharge the car in 15 minutes. Other players are also anticipated to deploy charging stations to provide hassle-free and fast recharging for electric sports utility vehicles across Europe. Such vital technological developments are projected to bolster the growth of the sports utility vehicles market over the forecast timeframe.

E-SUV Market
By Region

2030
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific would exhibit the highest CAGR of 24.7% during 2021-2030.

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COVID-19 Impact Analysis 

For the e-SUV market, 2020 was witnessed as a negative performing year, owing to the negative demand and supply outlook from the COVID-19 crisis restrictions and supply chain disruptions. The demand from end users has reduced at a considerable level as there is low consumer confidence and high vehicle prices. Market participants of e-SUV are following certain approaches to manage the operations by slashed budgets, extended equipment lifecycles, decreased staff sizes, and reduced salaries in the short term to overcome the financial downturn. However, there are most probable chances of sales momentum for the e-SUV from 2022, owing to its positive demand outlook and green mobility initiatives.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global e-SUV market analysis along with the current trends and future estimations to depict imminent investment pockets.
  • The overall e-SUV market opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the global e-SUV market with a detailed impact analysis.
  • The current e-SUV market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By propulsion

  • Battery Electric Vehicle
  • Hybrid Vehicle

By type

  • Compact crossover
  • Crossover
  • Mid-size
  • Full-size

By seating capacity

  • 5 seater
  • 6 seater and above

By Region

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • BMW Group 
  • BYD Company Limited 
  • Daimler AG
  • Ford Motor Company 
  • Groupe Renault 
  • Honda Motor Co., Ltd.
  • Kia Corporation 
  • Tata Motors
  • Tesla
  • Volkswagen AG 
  • Volvo Car Corporation
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis, 2020
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in penetration of fuel-efficient mobility solution
3.5.1.2.Decrease in battery cost per KWH

3.5.2.Restraints

3.5.2.1.Decrease in sales and production of automotive
3.5.2.2.High manufacturing cost of electric driven SUV

3.5.3.Opportunities

3.5.3.1.Growth in developing nations
3.5.3.2.Development of e-SUV integrated with high-end technologies

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macro-economic impact analysis
3.6.3.Micro-economic impact analysis
3.6.4.Impact on industry analysis
3.6.5.Regulatory framework for solving market challenges

CHAPTER 4:E-SUV MARKET, BY PROPULSION

4.1.Overview
4.2.Battery Electric Vehicle

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Hybrid Vehicle

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:E-SUV MARKET, BY TYPE

5.1.Overview
5.2.Compact Crossover

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Crossover

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Mid-Size

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Full Size

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

CHAPTER 6:E-SUV MARKET, BY SEATING CAPACITY

6.1.Overview
6.2.5 seater
6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country
6.3.6 seater and above
6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

CHAPTER 7:E-SUV MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by propulsion
7.2.3.Market size and forecast, by type
7.2.4.Market size and forecast, by seating capacity
7.2.5.Market size and forecast, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by propulsion
7.2.5.1.2.Market size and forecast, by type
7.2.5.1.3.Market size and forecast, by seating capacity

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by propulsion
7.2.5.2.2.Market size and forecast, by type
7.2.5.2.3.Market size and forecast, by seating capacity

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by propulsion
7.2.5.3.2.Market size and forecast, by type
7.2.5.3.3.Market size and forecast, by seating capacity

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by propulsion
7.3.3.Market size and forecast, by type
7.3.4.Market size and forecast, by seating capacity
7.3.5.Market size and forecast, by country

7.3.5.1.UK

7.3.5.1.1.Market size and forecast, by propulsion
7.3.5.1.2.Market size and forecast, by type
7.3.5.1.3.Market size and forecast, by seating capacity

7.3.5.2.Germany

7.3.5.2.1.Market size and forecast, by propulsion
7.3.5.2.2.Market size and forecast, by type
7.3.5.2.3.Market size and forecast, by seating capacity

7.3.5.3.France

7.3.5.3.1.Market size and forecast, by propulsion
7.3.5.3.2.Market size and forecast, by type
7.3.5.3.3.Market size and forecast, by seating capacity

7.3.5.4.Spain

7.3.5.4.1.Market size and forecast, by propulsion
7.3.5.4.2.Market size and forecast, by type
7.3.5.4.3.Market size and forecast, by seating capacity

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by propulsion
7.3.5.5.2.Market size and forecast, by type
7.3.5.5.3.Market size and forecast, by seating capacity

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by propulsion
7.4.3.Market size and forecast, by type
7.4.4.Market size and forecast, by seating capacity
7.4.5.Market size and forecast, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by propulsion
7.4.5.1.2.Market size and forecast, by type
7.4.5.1.3.Market size and forecast, by seating capacity

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by propulsion
7.4.5.2.2.Market size and forecast, by type
7.4.5.2.3.Market size and forecast, by seating capacity

7.4.5.3.South Korea

7.4.5.3.1.Market size and forecast, by propulsion
7.4.5.3.2.Market size and forecast, by type
7.4.5.3.3.Market size and forecast, by seating capacity

7.4.5.4.India

7.4.5.4.1.Market size and forecast, by propulsion
7.4.5.4.2.Market size and forecast, by type
7.4.5.4.3.Market size and forecast, by seating capacity

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by propulsion
7.4.5.5.2.Market size and forecast, by type
7.4.5.5.3.Market size and forecast, by seating capacity

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by propulsion
7.5.3.Market size and forecast, by type
7.5.4.Market size and forecast, by seating capacity
7.5.5.Market size and forecast, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by propulsion
7.5.5.1.2.Market size and forecast, by type
7.5.5.1.3.Market size and forecast, by seating capacity

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by propulsion
7.5.5.2.2.Market size and forecast, by type
7.5.5.2.3.Market size and forecast, by seating capacity

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by propulsion
7.5.5.3.2.Market size and forecast, by type
7.5.5.3.3.Market size and forecast, by seating capacity

CHAPTER 8:COMPANY PROFILES

8.1.BMW GROUP

8.1.1.Company overview
8.1.2.Key executives
8.1.3.Company snapshot
8.1.4.Operating business segments
8.1.5.Product portfolio
8.1.6.R&D expenditure
8.1.7.Business performance
8.1.8.SWOT Analysis

8.1.8.1.Strengths
8.1.8.2.Weaknesses
8.1.8.3.Opportunities
8.1.8.4.Threats

8.1.9.Key strategic moves and developments

8.2.BYD COMPANY LIMITED

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.Business performance
8.2.7.Key strategic moves and developments

8.3.DAIMLER AG

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance
8.3.8.SWOT Analysis

8.3.8.1.Strengths
8.3.8.2.Weaknesses
8.3.8.3.Opportunities
8.3.8.4.Threats

8.3.9.Key strategic moves and developments

8.4.FORD MOTOR COMPANY

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.SWOT Analysis

8.4.8.1.Strengths
8.4.8.2.Weaknesses
8.4.8.3.Opportunities
8.4.8.4.Threats

8.4.9.Key strategic moves and developments

8.5.GROUPE RENAULT

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Product portfolio
8.5.5.R&D expenditure
8.5.6.Business performance
8.5.7.SWOT Analysis

8.5.7.1.Strengths
8.5.7.2.Weaknesses
8.5.7.3.Opportunities
8.5.7.4.Threats

8.5.8.Key strategic moves and developments

8.6.HONDA MOTOR CO., LTD.

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D expenditure
8.6.7.Business performance
8.6.8.SWOT Analysis

8.6.8.1.Strengths
8.6.8.2.Weaknesses
8.6.8.3.Opportunities
8.6.8.4.Threats

8.6.9.Key strategic moves and developments

8.7.KIA CORPORATION

8.7.1.Company overview
8.7.2.Key executives
8.7.3.Company snapshot
8.7.4.Product portfolio
8.7.5.R&D expenditure
8.7.6.Business performance
8.7.7.SWOT Analysis

8.7.7.1.Strengths
8.7.7.2.Weaknesses
8.7.7.3.Opportunities
8.7.7.4.Threats

8.7.8.Key strategic moves and developments

8.8.TATA MOTORS

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Business performance
8.8.7.Key strategic moves and developments

8.9.TESLA

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.R&D expenditure
8.9.7.Business performance
8.9.8.Key strategic moves and developments

8.10.VOLKSWAGEN AG

8.10.1.Company overview
8.10.2.Key executives
8.10.3.Company snapshot
8.10.4.Operating business segments
8.10.5.Product portfolio
8.10.6.R&D expenditure
8.10.7.Business performance
8.10.8.SWOT Analysis

8.10.8.1.Strengths
8.10.8.2.Weaknesses
8.10.8.3.Opportunities
8.10.8.4.Threats

8.10.9.Key strategic moves and developments

8.11.VOLVO CAR CORPORATION

8.11.1.Company overview
8.11.2.Key executives
8.11.3.Company snapshot
8.11.4.Product portfolio
8.11.5.R&D expenditure
8.11.6.Business performance
8.11.7.SWOT Analysis

8.11.7.1.Strengths
8.11.7.2.Weaknesses
8.11.7.3.Opportunities
8.11.7.4.Threats

LIST OF TABLES

TABLE 01.E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 02.E-SUV MARKET FOR BATTERY ELECTRIC VEHICLE, BY REGION 2020–2030 ($MILLION)
TABLE 03.E-SUV MARKET FOR HYBRID VEHICLE, BY REGION 2020–2030 ($MILLION)
TABLE 04.E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 05.E-SUV MARKET FOR COMPACT CROSSOVER, BY REGION 2020–2030 ($MILLION)
TABLE 06.E-SUV MARKET FOR CROSSOVER, BY REGION 2020–2030 ($MILLION)
TABLE 07.E-SUV MARKET FOR MID-SIZE, BY REGION 2020–2030 ($MILLION)
TABLE 08.E-SUV MARKET FOR FULL SIZE, BY REGION 2020–2030 ($MILLION)
TABLE 09.E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 10.E-SUV MARKET FOR 5 SEATER, BY REGION 2020–2030 ($MILLION)
TABLE 11.E-SUV MARKET FOR 6 SEATER AND ABOVE, BY REGION 2020–2030 ($MILLION)
TABLE 12.E-SUV MARKET, BY REGION, 2020–2030 ($MILLION)
TABLE 13.NORTH AMERICA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 14.NORTH AMERICA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 15.NORTH AMERICA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 16.U.S. E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 17.U.S. E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 18.U.S. E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 19.CANADA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 20.CANADA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 21.CANADA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 22.MEXICO E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 23.MEXICO E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 24.MEXICO E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 25.EUROPE E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 26.EUROPE E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 27.EUROPE E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 28.UK. E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 29.UK E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 30.UK E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 31.GERMANY E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 32.GERMANY E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 33.GERMANY E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 34.FRANCE E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 35.FRANCE E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 36.FRANCE. E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 37.SPAIN E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 38.SPAIN E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 39.SPAIN E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 42.REST OF EUROPE E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 43.ASIA-PACIFIC E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 44.ASIA-PACIFIC E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 45.ASIA-PACIFIC E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 46.CHINA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 47.CHINA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 48.CHINA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 49.JAPAN E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 50.JAPAN E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 51.JAPAN E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 52.SOUTH KOREA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 53.SOUTH KOREA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 54.SOUTH KOREA. E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 55.INDIA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 56.INDIA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 57.INDIA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 58.REST OF ASIA-PACIFIC E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 59.REST OF ASIA-PACIFIC E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 60.REST OF ASIA-PACIFIC E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 61.LAMEA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 62.LAMEA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 63.LAMEA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 64.LATIN AMERICA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 65.LATIN AMERICA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 66.LATIN AMERICA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 67.MIDDLE EAST E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 68.MIDDLE EAST E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 69.MIDDLE EAST E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 70.AFRICA E-SUV MARKET, BY PROPULSION, 2020–2030 ($MILLION)
TABLE 71.AFRICA E-SUV MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 72.AFRICA E-SUV MARKET, BY SEATING CAPACITY, 2020–2030 ($MILLION)
TABLE 73.BMW GROUP: KEY EXECUTIVES
TABLE 74.BMW GROUP: COMPANY SNAPSHOT
TABLE 75.BMW GROUP: OPERATING SEGMENTS
TABLE 76.BMW GROUP: PRODUCT PORTFOLIO
TABLE 77.BMW GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 78.BMW GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 79.BYD COMPANY LIMITED: KEY EXECUTIVES
TABLE 80.BYD COMPANY LIMITED: COMPANY SNAPSHOT
TABLE 81.BYD COMPANY LIMITED: OPERATING SEGMENTS
TABLE 82.BYD COMPANY LIMITED: PRODUCT PORTFOLIO
TABLE 83.BYD COMPANY LIMITED: NET SALES, 2017–2019 ($MILLION)
TABLE 84.DAIMLER AG: KEY EXECUTIVES
TABLE 85.DAIMLER AG: COMPANY SNAPSHOT
TABLE 86.DAIMLER AG: OPERATING SEGMENTS
TABLE 87.DAIMLER AG: PRODUCT PORTFOLIO
TABLE 88.DAIMLER AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 89.DAIMLER AG: NET SALES, 2018–2020 ($MILLION)
TABLE 90.FORD MOTOR COMPANY: KEY EXECUTIVES
TABLE 91.FORD MOTOR COMPANY: COMPANY SNAPSHOT
TABLE 92.FORD MOTOR COMPANY: OPERATING SEGMENTS
TABLE 93.FORD MOTOR COMPANY: PRODUCT PORTFOLIO
TABLE 94.FORD MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 95.FORD MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
TABLE 96.GROUPE RENAULT: KEY EXECUTIVES
TABLE 97.GROUPE RENAULT: COMPANY SNAPSHOT
TABLE 98.GROUPE RENAULT: PRODUCT PORTFOLIO
TABLE 99.GROUPE RENAULT: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 100.GROUPE RENAULT: NET SALES, 2018–2020 ($MILLION)
TABLE 101.HONDA MOTOR CO., LTD.: KEY EXECUTIVES
TABLE 102.HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
TABLE 103.HONDA MOTOR CO., LTD.: OPERATING SEGMENTS
TABLE 104.HONDA MOTOR CO., LTD.: PRODUCT PORTFOLIO
TABLE 105.HONDA MOTOR CO., LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 106.HONDA MOTOR CO., LTD.: NET SALES, 2018–2020 ($MILLION)
TABLE 107.KIA CORPORATION: KEY EXECUTIVES
TABLE 108.KIA CORPORATION: COMPANY SNAPSHOT
TABLE 109.KIA CORPORATION: PRODUCT PORTFOLIO
TABLE 110.KIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 111.KIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 112.TATA MOTORS: KEY EXECUTIVES
TABLE 113.TATA MOTORS: COMPANY SNAPSHOT
TABLE 114.TATA MOTORS: OPERATING SEGMENTS
TABLE 115.TATA MOTORS: PRODUCT PORTFOLIO
TABLE 116.TATA MOTORS: NET SALES, 2018–2020 ($MILLION)
TABLE 117.TATA MOTORS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 118.TESLA: KEY EXECUTIVES
TABLE 119.TESLA: COMPANY SNAPSHOT
TABLE 120.TESLA: OPERATING SEGMENTS
TABLE 121.TESLA: PRODUCT PORTFOLIO
TABLE 122.TESLA: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 123.TESLA: NET SALES, 2018–2020 ($MILLION)
TABLE 124.VOLKSWAGEN AG: KEY EXECUTIVES
TABLE 125.VOLKSWAGEN AG: COMPANY SNAPSHOT
TABLE 126.VOLKSWAGEN AG: OPERATING SEGMENTS
TABLE 127.VOLKSWAGEN AG: PRODUCT PORTFOLIO
TABLE 128.VOLKSWAGEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 129.VOLKSWAGEN AG: NET SALES, 2018–2020 ($MILLION)
TABLE 130.VOLVO CAR CORPORATION: KEY EXECUTIVES
TABLE 131.VOLVO CAR CORPORATION: COMPANY SNAPSHOT
TABLE 132.VOLVO CAR CORPORATION: PRODUCT PORTFOLIO
TABLE 133.VOLVO CAR CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 134.VOLVO CAR CORPORATION: NET SALES, 2018–2020 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2020)
FIGURE 15.E-SUV MARKET SHARE, BY PROPULSION, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR BATTERY ELECTRIC VEHICLE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR HYBRID VEHICLE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.E-SUV MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR COMPACT CROSSOVER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR CROSSOVER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR MID-SIZE, BY COUNTRY,  2020 & 2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR FULL SIZE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.E-SUV MARKET SHARE, BY SEATING CAPACITY, 2020–2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR 5 SEATER, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET FOR 6 SEATER AND ABOVE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 26.E-SUV MARKET, BY REGION, 2020–2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 28.U.S. E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 29.CANADA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 30.MEXICO E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 32.UK E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 33.GERMANY E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 34.FRANCE E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 35.SPAIN E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 36.REST OF EUROPE E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 37.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 38.CHINA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 39.JAPAN E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 40.SOUTH KOREA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 41.INDIA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 42.REST OF ASIA-PACIFIC E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 43.COMPARATIVE SHARE ANALYSIS OF E-SUV MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 44.LATIN AMERICA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 45.MIDDLE EAST E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 46.AFRICA E-SUV MARKET, 2020–2030 ($MILLION)
FIGURE 47.BMW GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 48.BMW GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 49.BMW GROUP: KEY RATIOS, 2018–2020 (%)
FIGURE 50.BMW GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.BMW GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 52.BYD COMPANY LIMITED: NET SALES, 2017–2019 ($MILLION)
FIGURE 53.BYD COMPANY LIMITED: KEY RATIOS, 2017–2019 (%)
FIGURE 54.BYD COMPANY LIMITED: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 55.BYD COMPANY LIMITED: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 56.DAIMLER AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 57.DAIMLER AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 58.DAIMLER AG: KEY RATIO, 2018-2020 (%)
FIGURE 59.DAIMLER AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 60.DAIMLER AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 61.FORD MOTOR COMPANY: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 62.FORD MOTOR COMPANY: NET SALES, 2018–2020 ($MILLION)
FIGURE 63.FORD MOTOR COMPANY: KEY RATIOS, 2018-2020 (%)
FIGURE 64.FORD MOTOR COMPANY: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.FORD MOTOR COMPANY: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.GROUPE RENAULT: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 67.GROUPE RENAULT: NET SALES, 2018–2020 ($MILLION)
FIGURE 68.GROUPE RENAULT: KEY RATIOS, 2018–2020 (%)
FIGURE 69.HONDA MOTOR CO., LTD.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 70.HONDA MOTOR CO., LTD.: NET SALES, 2018–2020 ($MILLION)
FIGURE 71.HONDA MOTOR CO., LTD.: KEY RATIOS, 2018-2020 (%)
FIGURE 72.HONDA MOTOR CO., LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 73.HONDA MOTOR CO., LTD.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 74.KIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 75.KIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 76.KIA CORPORATION: KEY RATIOS, 2018-2020 (%)
FIGURE 77.KIA CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 78.KIA CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 79.TATA MOTORS: NET SALES, 2018–2020 ($MILLION)
FIGURE 80.TATA MOTORS: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 81.TESLA: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 82.TESLA: NET SALES, 2018–2020 ($MILLION)
FIGURE 83.TESLA: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 84.VOLKSWAGEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 85.VOLKSWAGEN AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 86.VOLKSWAGEN AG: KEY RATIOS, 2018–2020 (%)
FIGURE 87.VOLKSWAGEN AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 88.VOLKSWAGEN AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 89.VOLVO CAR CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 90.VOLVO CAR CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 91.VOLVO CAR CORPORATION: KEY RATIOS, 2018–2020 (%)
FIGURE 92.VOLVO CAR CORPORATION: REVENUE SHARE BY REGION, 2020 (%)

 
 

The global e-SUV market is expected to witness significant growth, owing to adoption of electric mobility solution and attractive design solutions along with positive consumer sentiments as it is a symbol of status and wealth. SUV is witnessing significant growth in India, Germany and China due to changing consumer preferences toward SUV, improved safety & comfort, and becoming a status symbol of the end users. In Africa, rapid economic development and growing urbanization are anticipated to spur the demand for SUVs over the last decade. The dramatic shift toward heavier and bigger cars has led to doubling the SUVs market share over the decade, which in turn support the eSUV over the forecast period.

The global e-SUV market is a fairly consolidated market in which countable market participants are operating in the global market. Market participants are focused to introduce new product lines of e-SUV to cope up with changing requirement of end users and develop their sales footprints by expanding dealer network. Numerous developments have been carried out by top companies, such as BMW Group, BYD, Daimler AG, Ford Motor Company, and Renault which supplements growth of the global e-SUV market. Impacts of COVID-19 significantly affected the global e-SUV market in 2020. Furthermore, the market witnessed negative growth or significant downfall in 2020, and is expected to witness a recovery in 2022.

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A. The global e-SUV market was valued at $35,572.5 million in 2020, and is projected to reach $252,721.7 million by 2030, registering a CAGR of 25.1%.

A. Market players are entering into developping nations to acquire the untapped potential of the market

A. The report sample for global e-SUV market report can be obtained on demand from the website.

A. Tesla, Volkswagen AG are the leading market participants of global e-SUV market

A. High peneration of electric vehicles and changing consumer prefence has witnessed significant growth in the global market. As per AMR analysis, the market is epxected to witness CAGR of 25.1% over the forecast period

A. The company profiles of the top players of the market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the industry along with their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated

A. Increase in penetration of fuel-efficient mobility solution, and Decrease in battery cost per KWH are the leadig drivers of the global market ehich create significant opportunity in the near future.

A. BMW Group, BYD Company Limited, Daimler AG, Ford Motor Company, Groupe Renault, Honda Motor Co., Ltd, Kia Corporation, Tata Motors, Tesla, Volkswagen AG, and Volvo Car Corporation are the leading manufacturers of the e-SUV

A. U.S., Germany and China are the key matured markets growing in the e-SUV market

A. Decrease in sales and production of automotive,Decrease in battery cost per KWH and high penetration of the electrifies vehicles are the known and unknown adjacencies impacting the e-SUV market

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