Code: IMR0595 | Automotive &Transportation | Oct-2021 | 80 Pages |
In 2021, the Global E-SUV Market’s
size was valued at USD 35,575.5 million and is estimated to reach USD 252,724.7
million by 2028 and is expected to be growing at a CAGR of 25.3 % throughout
the forecast period. In this report, 2021 has been taken as the base year while
2020 is the historical year. The forecast year for the report is 2028 to
approximate the size of the market for E-SUV.
Icon Market Research’s report on E-SUV
studies the past and current opportunities of growth and trends to get a clear
picture of the growth indicators of the market for the forecast period 2021 to
2028. The report also offers the revenue generated by the E-SUV market
considering 2020 as the historical year, 2021 as the base year, and 2028 as the
forecast year. The report also consists of the compound annual growth rate
(CAGR) for the E-SUV market over the forecast period.
Report Overview
of E-SUV Market
The E-SUV market report provides information and
statistics on market shares, size, restraining factors, and driving factors for
the forecast period 2021 to 2028. It also mentions the role of main market
players in the automotive industry. The report on E-SUV market evaluates the
value of the market report, keeping in mind the application and regional
segments, market share, and size while forecasting the market for each product
type and application of the E-SUV market in different segments of the report.
The research report also mentions some sections of the E-SUV market including
opportunities, growth, trend, size, demand, and technology used by prominent
players of the market. Then, it gives detailed profiles of the key players as a
part of the competitive landscape of the E-SUV market.
The study of the
report divides it into several sub-segments and represents the whole automotive
industry. An estimation of the revenue generated by the entire automotive
industry and its sub-segments are also provided in the report. It decides the
factors that affect the demand of the automotive industry rapidly, including
methods of development, growth networks, and the product model. The report also
points out the greatest prospects for the growth of the automotive market such
as forecasting the growth of the market, the launch of new goods, and analysis
of the product demand, purchase decisions, several economic factors that are
important to determine the trend of E-SUV market, and the attractiveness of the
market. The report on the E-SUV market will help in assisting the stakeholders
in identifying high-potential customers, such as distributors and manufacturers.
Methodology of
E-SUV Market
The methods used for collecting
information for the report involve 4 main activities. These activities help in
estimating the current size of the E-SUV market. Thorough secondary research
was conducted to collect information on the E-SUV market, such as new
technologies coming into the market, and components connected with this market.
Then the collected information was validated with experts from the automotive
industry across all the value chains through primary researches. Both top-down
and bottom-up approaches were used for estimating the market size.
The secondary research includes
collecting data from sources such as government publications such as
country-level automotive associations and organizations, World Bank, Eurostat,
Organization for Economic Co-operation and Development (OECD), and CDC;
regulatory and corporate filings such as SEC filings, annual reports, investor
presentations, and business magazines, financial statements, press releases,
and research journals, free and paid automotive databases such as Organization
International des Constructer’s d’Automobiles (OICA), Marlines, etc., and
trade, business, and professional associations. The secondary data collected
was then analyzed to predict the overall size of the market which was later
validated with primary research.
Thorough primary research was done
after getting a clear picture of the E-SUV market through secondary research.
Many market experts were interviewed for the primary research from both the
supply-side players and demand-side players and across four major regions,
namely, Europe, North America, Asia Oceania, and the Rest of the World. Apart
from the interviews, primary data was collected through mails, questionnaires,
and telephonic interviews.
Growth Mapping of E-SUV Market
The main aim of the
E-SUV report is to give the map of the growth for the E-SUV market that will
help in providing the clients with the required information for the formulation
strategies to meet their respective business goals. The report also provides
deep knowledge of the E-SUV for the previous year as well as for the forecast
years and what the CAGR level of the market is going to be. This report is a
synopsis of what the market conditions are going to be while also giving
information regarding the market’s definition, classifications, applications,
and engagements are. This report also aims to analyze the E-SUV market’s
developments including the market improvement, market position, and others
which are usually done by the prominent players and brands of the automotive
industry. This report also consists of all the market drivers and restraints
which are obtained through SWOT analysis. The report also has the CAGR values
of the E-SUV market for the base years 2021, the historic year 2020, and
forecast years 2021-2028.
Regional
Analysis of E-SUV
Market
The E-SUV market report provides a study for more than 20 countries and their market players The report covers a regional and country-level analysis that covers North America, South America, Europe, Asia Pacific (APAC), Africa, and the Middle East. The market is deeply analyzed for each region, which helps in identifying the market trends for each region, growth opportunities, and restraining factors.
For the forecast year 2021-2028,
it has been estimated that North America will the dominating market for E-SUV. This region is expected to see
growth in the automotive industry because of the increasing population,
increase in per capita income, and improvement in living standards. There has
been an increase in demand for comfort features in vehicles and fuel-efficient
vehicles which accelerates the growth of the E-SUV market. The weight reduction
of vehicles and enhanced energy efficiency is further driving the automotive
industry. The other factors which are driving the growth of the E-SUV
market include the development of marketing analytics tools and firmly
established existing players in the market. In addition to this, government agencies,
companies, third-party administrators, etc. are channelizing their efforts to
make customer-centric automotive products which will also contribute to the
growth of the E-SUV market in this region. Rising demand for vehicles and their
parts, increased investment by the government, new and advanced technology, and
machinery, along with the improved marketing tactics will likely cause the E-SUV
market to grow substantially.
The Asia Pacific market is estimated to grow at the highest CAGR during
the forecast period (2021-2028). This growth is driven by the increasing
research activities, growing demand for vehicles and parts, and an increasing
number of initiatives by market players for expanding their presence in the
APAC, and higher adoption of E-SUV in several APAC countries. Improvements in GDP per
capita and infrastructure development have urbanized the region to a greater
extent turning rural areas into urban areas. The sudden surge in the demand has
caused the cities to fall into unsustainable consumption models. The top key
players in the E-SUV market are located in the region. China and India are expected to offer significant
growth opportunities for players operating in the E-SUV market, owing to the
growing support from government bodies, increasing demand for new vehicles with
special features, and the presence of less-stringent regulations and data
requirements (as compared to developed countries) in their respective
healthcare systems.
Competitive
Landscape of E-SUV
Market
The report provides a competitive landscape on both the quantitative as well as qualitative research of E-SUV market. The report also provides detailed insights on the development methods used by the key market players. The report offers deep research on the key market players and details on the competitiveness of these players. The main business strategies used by these players such as mergers and acquisitions (M&A), collaborations, affiliations, and contracts are also and analyzed in the report. For each competitor, the report studies their global presence, service offerings, competitors, and specification. The main players covered by the study on the global E-SUV market are: 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.
The Report
Provides Insights on The Following Pointers:
●
It gives a forecast analysis of
factors that are driving or restraining the development of the E-SUV market.
●
The report gives a seven-year
forecast value evaluated on the basis of the current market performance of the
automotive industry.
●
It helps in understanding the main
segments of the products and their future.
●
The report gives a deep analysis
of changing competition in the market which keeps you ahead of your
competitors.
●
The report gives the market definition of the E-SUV market along
with the analysis of different factors influencing the market such as drivers,
opportunities, and restraints.
The Report
Answers Questions Such As:
●
What is the potential opportunity for the E-SUV market?
●
What are the major drivers, restraints, and opportunities of the E-SUV
market?
●
What is the market share of the leading segments and sub-segments
of the E-SUV market in the forecast period (2021-2028)?
●
How did the E-SUV market evolve?
●
How each segment of the E-SUV market is expected to grow during the
forecast period?
●
What is the expected revenue to be generated by each of the
segments by the end of 2028?
●
What are the key development strategies implemented by the key
players to stand out in this E-SUV market?
●
What is the preferred business model used for building E-SUV?
●
Which area of application is expected to be the highest revenue
generator in the E-SUV market during the forecast period?
●
Which end-user segment is expected to be the highest revenue
generator in this industry during the forecast period?
●
What is the potential of E-SUV market in the emerging countries
during the forecast period?
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.