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Micro-Compact Cars-Global Market Insights and Sales Trends 2024
Synopsis
A microcar is the smallest automobile classification, usually applied to very small cars (smaller than city cars). Such small cars were generally referred to as cyclecars until the 1940s. More recent models are also called bubble cars due to their bubble-shaped appearance.
The global Micro-Compact Cars market size is expected to reach US$ 3085.3 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Micro-Compact Cars in various end use industries. The expanding demands from the Passenger and Utility, are propelling Micro-Compact Cars market. Electric, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Petrol segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Micro-Compact Cars, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Micro-Compact Cars market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Micro-Compact Cars market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Micro-Compact Cars sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Micro-Compact Cars covered in this report include Daimler AG, Mahindra Electric Mobility Limited, Nissan Motor Co., Ltd., Groupe PSA, Piaggio & C. Spa, Renault S.A., Suzuki Motor Corporation, Tata Motors Limited and Toyota Motor Corporation, etc.
The global Micro-Compact Cars market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daimler AG
Mahindra Electric Mobility Limited
Nissan Motor Co., Ltd.
Groupe PSA
Piaggio & C. Spa
Renault S.A.
Suzuki Motor Corporation
Tata Motors Limited
Toyota Motor Corporation
Daihatsu Motor Co., Ltd.
Global Micro-Compact Cars market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Micro-Compact Cars market, Segment by Type:
Electric
Petrol
Diesel
Hybrid
Global Micro-Compact Cars market, by Application
Passenger
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Micro-Compact Cars manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Micro-Compact Cars in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A microcar is the smallest automobile classification, usually applied to very small cars (smaller than city cars). Such small cars were generally referred to as cyclecars until the 1940s. More recent models are also called bubble cars due to their bubble-shaped appearance.
The global Micro-Compact Cars market size is expected to reach US$ 3085.3 million by 2029, growing at a CAGR of 2.8% from 2023 to 2029. The market is mainly driven by the significant applications of Micro-Compact Cars in various end use industries. The expanding demands from the Passenger and Utility, are propelling Micro-Compact Cars market. Electric, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Petrol segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Micro-Compact Cars, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Micro-Compact Cars market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Micro-Compact Cars market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Micro-Compact Cars sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Micro-Compact Cars covered in this report include Daimler AG, Mahindra Electric Mobility Limited, Nissan Motor Co., Ltd., Groupe PSA, Piaggio & C. Spa, Renault S.A., Suzuki Motor Corporation, Tata Motors Limited and Toyota Motor Corporation, etc.
The global Micro-Compact Cars market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Daimler AG
Mahindra Electric Mobility Limited
Nissan Motor Co., Ltd.
Groupe PSA
Piaggio & C. Spa
Renault S.A.
Suzuki Motor Corporation
Tata Motors Limited
Toyota Motor Corporation
Daihatsu Motor Co., Ltd.
Global Micro-Compact Cars market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Micro-Compact Cars market, Segment by Type:
Electric
Petrol
Diesel
Hybrid
Global Micro-Compact Cars market, by Application
Passenger
Utility
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Micro-Compact Cars manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Micro-Compact Cars in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Micro-Compact Cars Market Overview
1.1 Micro-Compact Cars Product Overview
1.2 Micro-Compact Cars Market Segment by Type
1.2.1 Electric
1.2.2 Petrol
1.2.3 Diesel
1.2.4 Hybrid
1.3 Global Micro-Compact Cars Market Size by Type
1.3.1 Global Micro-Compact Cars Market Size Overview by Type (2018-2029)
1.3.2 Global Micro-Compact Cars Historic Market Size Review by Type (2018-2023)
1.3.3 Global Micro-Compact Cars Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Micro-Compact Cars Sales Breakdown by Type (2018-2023)
1.4.2 Europe Micro-Compact Cars Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Micro-Compact Cars Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Micro-Compact Cars Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Micro-Compact Cars Sales Breakdown by Type (2018-2023)
2 Global Micro-Compact Cars Market Competition by Company
2.1 Global Top Players by Micro-Compact Cars Sales (2018-2023)
2.2 Global Top Players by Micro-Compact Cars Revenue (2018-2023)
2.3 Global Top Players by Micro-Compact Cars Price (2018-2023)
2.4 Global Top Manufacturers Micro-Compact Cars Manufacturing Base Distribution, Sales Area, Product Type
2.5 Micro-Compact Cars Market Competitive Situation and Trends
2.5.1 Micro-Compact Cars Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Micro-Compact Cars Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Micro-Compact Cars as of 2022)
2.7 Date of Key Manufacturers Enter into Micro-Compact Cars Market
2.8 Key Manufacturers Micro-Compact Cars Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Micro-Compact Cars Status and Outlook by Region
3.1 Global Micro-Compact Cars Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Micro-Compact Cars Historic Market Size by Region
3.2.1 Global Micro-Compact Cars Sales in Volume by Region (2018-2023)
3.2.2 Global Micro-Compact Cars Sales in Value by Region (2018-2023)
3.2.3 Global Micro-Compact Cars Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Micro-Compact Cars Forecasted Market Size by Region
3.3.1 Global Micro-Compact Cars Sales in Volume by Region (2024-2029)
3.3.2 Global Micro-Compact Cars Sales in Value by Region (2024-2029)
3.3.3 Global Micro-Compact Cars Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Micro-Compact Cars by Application
4.1 Micro-Compact Cars Market Segment by Application
4.1.1 Passenger
4.1.2 Utility
4.2 Global Micro-Compact Cars Market Size by Application
4.2.1 Global Micro-Compact Cars Market Size Overview by Application (2018-2029)
4.2.2 Global Micro-Compact Cars Historic Market Size Review by Application (2018-2023)
4.2.3 Global Micro-Compact Cars Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Micro-Compact Cars Sales Breakdown by Application (2018-2023)
4.3.2 Europe Micro-Compact Cars Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Micro-Compact Cars Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Micro-Compact Cars Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Micro-Compact Cars Sales Breakdown by Application (2018-2023)
5 North America Micro-Compact Cars by Country
5.1 North America Micro-Compact Cars Historic Market Size by Country
5.1.1 North America Micro-Compact Cars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Micro-Compact Cars Sales in Volume by Country (2018-2023)
5.1.3 North America Micro-Compact Cars Sales in Value by Country (2018-2023)
5.2 North America Micro-Compact Cars Forecasted Market Size by Country
5.2.1 North America Micro-Compact Cars Sales in Volume by Country (2024-2029)
5.2.2 North America Micro-Compact Cars Sales in Value by Country (2024-2029)
6 Europe Micro-Compact Cars by Country
6.1 Europe Micro-Compact Cars Historic Market Size by Country
6.1.1 Europe Micro-Compact Cars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Micro-Compact Cars Sales in Volume by Country (2018-2023)
6.1.3 Europe Micro-Compact Cars Sales in Value by Country (2018-2023)
6.2 Europe Micro-Compact Cars Forecasted Market Size by Country
6.2.1 Europe Micro-Compact Cars Sales in Volume by Country (2024-2029)
6.2.2 Europe Micro-Compact Cars Sales in Value by Country (2024-2029)
7 Asia-Pacific Micro-Compact Cars by Region
7.1 Asia-Pacific Micro-Compact Cars Historic Market Size by Region
7.1.1 Asia-Pacific Micro-Compact Cars Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Micro-Compact Cars Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Micro-Compact Cars Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Micro-Compact Cars Forecasted Market Size by Region
7.2.1 Asia-Pacific Micro-Compact Cars Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Micro-Compact Cars Sales in Value by Region (2024-2029)
8 Latin America Micro-Compact Cars by Country
8.1 Latin America Micro-Compact Cars Historic Market Size by Country
8.1.1 Latin America Micro-Compact Cars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Micro-Compact Cars Sales in Volume by Country (2018-2023)
8.1.3 Latin America Micro-Compact Cars Sales in Value by Country (2018-2023)
8.2 Latin America Micro-Compact Cars Forecasted Market Size by Country
8.2.1 Latin America Micro-Compact Cars Sales in Volume by Country (2024-2029)
8.2.2 Latin America Micro-Compact Cars Sales in Value by Country (2024-2029)
9 Middle East and Africa Micro-Compact Cars by Country
9.1 Middle East and Africa Micro-Compact Cars Historic Market Size by Country
9.1.1 Middle East and Africa Micro-Compact Cars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Micro-Compact Cars Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Micro-Compact Cars Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Micro-Compact Cars Forecasted Market Size by Country
9.2.1 Middle East and Africa Micro-Compact Cars Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Micro-Compact Cars Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Daimler AG
10.1.1 Daimler AG Company Information
10.1.2 Daimler AG Introduction and Business Overview
10.1.3 Daimler AG Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Daimler AG Micro-Compact Cars Products Offered
10.1.5 Daimler AG Recent Development
10.2 Mahindra Electric Mobility Limited
10.2.1 Mahindra Electric Mobility Limited Company Information
10.2.2 Mahindra Electric Mobility Limited Introduction and Business Overview
10.2.3 Mahindra Electric Mobility Limited Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Mahindra Electric Mobility Limited Micro-Compact Cars Products Offered
10.2.5 Mahindra Electric Mobility Limited Recent Development
10.3 Nissan Motor Co., Ltd.
10.3.1 Nissan Motor Co., Ltd. Company Information
10.3.2 Nissan Motor Co., Ltd. Introduction and Business Overview
10.3.3 Nissan Motor Co., Ltd. Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Nissan Motor Co., Ltd. Micro-Compact Cars Products Offered
10.3.5 Nissan Motor Co., Ltd. Recent Development
10.4 Groupe PSA
10.4.1 Groupe PSA Company Information
10.4.2 Groupe PSA Introduction and Business Overview
10.4.3 Groupe PSA Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Groupe PSA Micro-Compact Cars Products Offered
10.4.5 Groupe PSA Recent Development
10.5 Piaggio & C. Spa
10.5.1 Piaggio & C. Spa Company Information
10.5.2 Piaggio & C. Spa Introduction and Business Overview
10.5.3 Piaggio & C. Spa Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Piaggio & C. Spa Micro-Compact Cars Products Offered
10.5.5 Piaggio & C. Spa Recent Development
10.6 Renault S.A.
10.6.1 Renault S.A. Company Information
10.6.2 Renault S.A. Introduction and Business Overview
10.6.3 Renault S.A. Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Renault S.A. Micro-Compact Cars Products Offered
10.6.5 Renault S.A. Recent Development
10.7 Suzuki Motor Corporation
10.7.1 Suzuki Motor Corporation Company Information
10.7.2 Suzuki Motor Corporation Introduction and Business Overview
10.7.3 Suzuki Motor Corporation Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Suzuki Motor Corporation Micro-Compact Cars Products Offered
10.7.5 Suzuki Motor Corporation Recent Development
10.8 Tata Motors Limited
10.8.1 Tata Motors Limited Company Information
10.8.2 Tata Motors Limited Introduction and Business Overview
10.8.3 Tata Motors Limited Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Tata Motors Limited Micro-Compact Cars Products Offered
10.8.5 Tata Motors Limited Recent Development
10.9 Toyota Motor Corporation
10.9.1 Toyota Motor Corporation Company Information
10.9.2 Toyota Motor Corporation Introduction and Business Overview
10.9.3 Toyota Motor Corporation Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Toyota Motor Corporation Micro-Compact Cars Products Offered
10.9.5 Toyota Motor Corporation Recent Development
10.10 Daihatsu Motor Co., Ltd.
10.10.1 Daihatsu Motor Co., Ltd. Company Information
10.10.2 Daihatsu Motor Co., Ltd. Introduction and Business Overview
10.10.3 Daihatsu Motor Co., Ltd. Micro-Compact Cars Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Daihatsu Motor Co., Ltd. Micro-Compact Cars Products Offered
10.10.5 Daihatsu Motor Co., Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Micro-Compact Cars Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Micro-Compact Cars Industrial Chain Analysis
11.4 Micro-Compact Cars Market Dynamics
11.4.1 Micro-Compact Cars Industry Trends
11.4.2 Micro-Compact Cars Market Drivers
11.4.3 Micro-Compact Cars Market Challenges
11.4.4 Micro-Compact Cars Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Micro-Compact Cars Distributors
12.3 Micro-Compact Cars Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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