Microcars

Global Market Trajectory & Analytics

MCP-7800

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6101
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DATE

APR 2021

TABLES

102

PAGES

163

EDITION

18

PRICE

USD 5600

CODE

MCP-7800


COMPETITIVE METRICS

COMPANY

D S N T

% *

Automobiles Chatenet

BYD Co., Ltd.

Casalini Srl

Daihatsu Motor Co., Ltd.

Dongfeng Xiaokang

General Motors Company

General Motors Corporation - Chevrolet

Honda Motor Co., Ltd.

Kia Motors Corporation

Ligier Group

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HIGHLIGHTS & REPORT INDEX

Amid the COVID-19 crisis, the global market for Microcars estimated at US$50.5 Billion in the year 2020, is projected to reach a revised size of US$54.3 Billion by 2027, growing at a CAGR of 1% over the analysis period 2020-2027. Electricity Cars, one of the segments analyzed in the report, is projected to record a 1.1% CAGR and reach US$24.5 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid Cars segment is readjusted to a revised 1% CAGR for the next 7-year period.
The Microcars market in the U.S. is estimated at US$14.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9.6 Billion by the year 2027 trailing a CAGR of 0.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.1% and 0.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.1% CAGR.
In the global Fuel Cars segment, USA, Canada, Japan, China and Europe will drive the 0.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$8.9 Billion in the year 2020 will reach a projected size of US$9.4 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6.1 Billion by the year 2027.

SELECT PLAYERS

Daihatsu Motor Co., Ltd.; Daimler AG; Groupe PSA; Mahindra Electric Mobility Limited; Nissan Motor Co., Ltd.; Piaggio & C. Spa; Renault S.A.; Suzuki Motor Corporation; Tata Motors Limited; Toyota Motor Corporation

SEGMENTS

» Type (Electricity Cars, Hybrid Cars, Fuel Cars) » Application (Personal Cars, Commercial Cars)

GEOGRAPHIES

» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Microcars - Pacing Up to Alter Global Auto Landscape
Recent Market Activity
Need for Businesses to Embrace Microcars
Consumer Perceptions - A Major Hindrance for Adoption of Microcars
Low Volumes and High Costs Lead to Higher Prices
Key Market Inhibitors
Safety Features
Urban and Rural Setting
Outlook
A Prelude
Global Automobile Production on a Growth Avenue
Opportunity Indicators
Expanding Automotive Production in Asia-Pacific
China & India to Play Important Role
Chinese Growth Cools Down but Still Growing at a Healthy Rate
India - A Promising Market for Small Cars
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Daimler AG (Germany)
Mahindra Electric Mobility Limited (India)
Nissan Motor Co., Ltd. (Japan)
Groupe PSA (France)
Piaggio & C. Spa (Italy)
Renault S.A. (France)
Suzuki Motor Corporation (Japan)
Tata Motors Limited (India)
Toyota Motor Corporation (Japan)
Daihatsu Motor Co., Ltd. (Japan)
3. MARKET TRENDS & DRIVERS
Microcars Go Electric
Growing Trend towards Small and Low-Speed Electric Vehicles
Fuel Efficiency and Vehicle Emission Standards Gain Increased Focus
Review of Green House Gas Emissions and Fuel Economy Standards for Vehicles Across the World
Hybrid Cars to Remain in Race in Near Term
Government Incentives Driving the Microelectric Car Segment
Changing Mobility Trends Affect Design Changes
Safety Aspect Remains High Priority among Consumers
Stringent Eco-Norms and Safety Rules to Increase Prices of Microcars
Adoption of E-Trikes Gains Momentum in Indonesia
Foray of Quadricycle Microcars in Israel
Small Engine Compact Cars to Witness Robust Demand
Convergence - A Highlighting Feature
Technologies Evolve to Revolutionize Driving Experience
In-Car Internet Connectivity - The Next Mega Trend
Marked Shifts in Automotive Value Chains
Emerging Markets to Drive Automotive Industry
Changing Perceptions of Transportation Bode Well for Microcars
Urban Transpiration Issues to the Fore
Advent of Innovative Technologies Fuel Demand for Sustainable Vehicles
Peek into Major Growth Drivers
High Fuel Prices
Government Efforts
Advanced Technology Plug-Ins
Endeavors by Vehicle Makers
4. GLOBAL MARKET PERSPECTIVE
World 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 2020 through 2027 and % CAGR
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 2012 through 2019 and % CAGR
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 2012, 2020 & 2027
World Current & Future Analysis for Electricity Cars 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 2020 through 2027 and % CAGR
World Historic Review for Electricity Cars 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 2012 through 2019 and % CAGR
World 15-Year Perspective for Electricity Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Hybrid Cars 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 2020 through 2027 and % CAGR
World Historic Review for Hybrid Cars 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 2012 through 2019 and % CAGR
World 15-Year Perspective for Hybrid Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Fuel Cars 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 2020 through 2027 and % CAGR
World Historic Review for Fuel Cars 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 2012 through 2019 and % CAGR
World 15-Year Perspective for Fuel Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Personal Cars 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 2020 through 2027 and % CAGR
World Historic Review for Personal Cars 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 2012 through 2019 and % CAGR
World 15-Year Perspective for Personal Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
World Current & Future Analysis for Commercial Cars 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 2020 through 2027 and % CAGR
World Historic Review for Commercial Cars 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 2012 through 2019 and % CAGR
World 15-Year Perspective for Commercial Cars by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
USA Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
USA Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
USA 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
CANADA
Canada Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Canada Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Canada Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Canada 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
JAPAN
Japan Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Japan Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Japan Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Japan 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
CHINA
China Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
China Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
China Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
China 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
EUROPE
Europe Current & Future Analysis for Microcars by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
Europe Historic Review for Microcars by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Microcars by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2012, 2020 & 2027
Europe Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Europe Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Europe Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Europe 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
FRANCE
France Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
France Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
France Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
France 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
GERMANY
Germany Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Germany Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Germany Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Germany 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
ITALY
Italy Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Italy Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Italy Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Italy 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
UK Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
UK Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
UK 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Rest of Europe Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of Europe Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of Europe 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Asia-Pacific Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Asia-Pacific Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Asia-Pacific 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Microcars by Type - Electricity Cars, Hybrid Cars and Fuel Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Microcars by Type - Percentage Breakdown of Value Sales for Electricity Cars, Hybrid Cars and Fuel Cars for the Years 2012, 2020 & 2027
Rest of World Current & Future Analysis for Microcars by Application - Personal Cars and Commercial Cars - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
Rest of World Historic Review for Microcars by Application - Personal Cars and Commercial Cars Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
Rest of World 15-Year Perspective for Microcars by Application - Percentage Breakdown of Value Sales for Personal Cars and Commercial Cars for the Years 2012, 2020 & 2027
Total Companies Profiled: 31

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