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E-SUV Market Size, Share, Trends and Forecast to 2030 | BMW GROUP, TATA MOTORS, GROUPE RENAULT

04-18-2024 02:11 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
E-SUV Market

E-SUV Market

The global ๐„-๐’๐”๐• ๐Œ๐š๐ซ๐ค๐ž๐ญ 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 report provides a detailed analysis of changing market dynamics, key segments, top investment pockets, regional scenarios, value chain, and competitive landscape.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A13129

Based on propulsion, the battery electric vehicle segment contributed to the largest share in 2020, holding more than three-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the hybrid vehicle segment is projected to manifest the highest CAGR of 27.0% from 2021 to 2030.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐๐˜๐ƒ ๐‚๐Ž๐Œ๐๐€๐๐˜ ๐‹๐ˆ๐Œ๐ˆ๐“๐„๐ƒ, ๐๐Œ๐– ๐†๐‘๐Ž๐”๐, ๐‡๐Ž๐๐ƒ๐€ ๐Œ๐Ž๐“๐Ž๐‘ ๐‚๐Ž., ๐‹๐“๐ƒ., ๐•๐Ž๐‹๐Š๐’๐–๐€๐†๐„๐ ๐€๐†, ๐“๐„๐’๐‹๐€, ๐“๐€๐“๐€ ๐Œ๐Ž๐“๐Ž๐‘๐’, ๐†๐‘๐Ž๐”๐๐„ ๐‘๐„๐๐€๐”๐‹๐“, ๐…๐Ž๐‘๐ƒ ๐Œ๐Ž๐“๐Ž๐‘ ๐‚๐Ž๐Œ๐๐€๐๐˜, ๐•๐Ž๐‹๐•๐Ž ๐‚๐€๐‘ ๐‚๐Ž๐‘๐๐Ž๐‘๐€๐“๐ˆ๐Ž๐, ๐Š๐ˆ๐€ ๐‚๐Ž๐‘๐๐Ž๐‘๐€๐“๐ˆ๐Ž๐, ๐ƒ๐€๐ˆ๐Œ๐‹๐„๐‘ ๐€๐†

Rise in penetration of fuel-efficient mobility solutions and reduction in battery cost per KWH drive the growth of the global e-SUV market. However, lowered sales and production of automotive and high manufacturing cost of electric-driven SUVs restrain the market growth. On the other hand, development of e-SUV integrated with high-end technologies and huge potential in developing nations create new opportunities in the coming years.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/e-suv-market/purchase-options

Region wise, Asia-Pacific dominated the market share as well as it is expected to be a growth leader in the global e-SUV market. U.S. is expected to be a leader in the North America market during the forecast period owing to growing penetration of the electric vehicles and growing inclination towards utility vehicles. India, Germany and China serve as the emerging market for eSUV. The global e-SUV market is a fairly consolidated market with limited number of players holding majority of the market share in the global market. Majority of the market participants are strategically involved in product launch, point venture, and product development activities.

Based on type, the compact crossover segment held the largest share in 2020, accounting for more than one-third of the global e-SUV market, and is expected to continue its lead position during the forecast period. However, the mid-size segment is estimated to register the fastest CAGR of 27.3% from 2021 to 2030.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

Based on region, Asia-Pacific accounted for the highest share in 2020, contributing to nearly two-fifths of the total share, and is projected to maintain its dominant share in terms of revenue by 2030. Moreover, this segment is expected to witness the highest CAGR of 27.0% during the forecast period.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A13129

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

By propulsion, the hybrid vehicle segment is expected to register significant growth during the forecast period.

By type, compact crossover segment is projected to lead the global market in terms of market share by the end of the forecast period.

By Seating Capacity, the 6 seater and above segment is projected to lead the global market, in terms of market share, by the end of the forecast period.

By region, Asia-pacific dominated the global e-SUV market in 2020 in terms of market share.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Electric Bikes Market - https://www.alliedmarketresearch.com/electric-bikes-market

Smart Mobility Market - https://www.alliedmarketresearch.com/smart-mobility-market-A06658

Luxury Car Market - https://www.alliedmarketresearch.com/luxury-car-market-A05980

Water Scooter Market - https://www.alliedmarketresearch.com/water-scooter-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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