The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Micro Electric Vehicles-Global Market Insights and Sales Trends 2024
Synopsis
Micro Electric Vehicles (EVs) are space-saving, mini-electric vehicles, which typically have a range of approximately 200 km, with their top speed touching 60-100 km/h. These vehicles use a low-powered drivetrain and have a low power output, running on a similar but compact battery system.
The global Micro Electric Vehicles market size is expected to reach US$ 11720 million by 2029, growing at a CAGR of 5.2% from 2023 to 2029. The market is mainly driven by the significant applications of Micro Electric Vehicles in various end use industries. The expanding demands from the Hosehold and Commercial, are propelling Micro Electric Vehicles market. Pure 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 Hybrid Electric segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
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 Electric Vehicles, 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 Electric Vehicles 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 Electric Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Micro Electric Vehicles 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 Electric Vehicles covered in this report include Tesla, Renault, Toyota, BMW, Audi, BYD, Ford, Honda and Alta, etc.
The global Micro Electric Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tesla
Renault
Toyota
BMW
Audi
BYD
Ford
Honda
Alta
E-Rex
Jinhua
Sanyo system
Global Micro Electric Vehicles 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 Electric Vehicles market, Segment by Type:
Pure Electric
Hybrid Electric
Global Micro Electric Vehicles market, by Application
Hosehold
Commercial
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 Electric Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Micro Electric Vehicles 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.
Micro Electric Vehicles (EVs) are space-saving, mini-electric vehicles, which typically have a range of approximately 200 km, with their top speed touching 60-100 km/h. These vehicles use a low-powered drivetrain and have a low power output, running on a similar but compact battery system.
The global Micro Electric Vehicles market size is expected to reach US$ 11720 million by 2029, growing at a CAGR of 5.2% from 2023 to 2029. The market is mainly driven by the significant applications of Micro Electric Vehicles in various end use industries. The expanding demands from the Hosehold and Commercial, are propelling Micro Electric Vehicles market. Pure 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 Hybrid Electric segment is estimated at % CAGR for the next seven-year period.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
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 Electric Vehicles, 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 Electric Vehicles 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 Electric Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Micro Electric Vehicles 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 Electric Vehicles covered in this report include Tesla, Renault, Toyota, BMW, Audi, BYD, Ford, Honda and Alta, etc.
The global Micro Electric Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Tesla
Renault
Toyota
BMW
Audi
BYD
Ford
Honda
Alta
E-Rex
Jinhua
Sanyo system
Global Micro Electric Vehicles 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 Electric Vehicles market, Segment by Type:
Pure Electric
Hybrid Electric
Global Micro Electric Vehicles market, by Application
Hosehold
Commercial
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 Electric Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Micro Electric Vehicles 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 Electric Vehicles Market Overview
1.1 Micro Electric Vehicles Product Overview
1.2 Micro Electric Vehicles Market Segment by Type
1.2.1 Pure Electric
1.2.2 Hybrid Electric
1.3 Global Micro Electric Vehicles Market Size by Type
1.3.1 Global Micro Electric Vehicles Market Size Overview by Type (2018-2029)
1.3.2 Global Micro Electric Vehicles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Micro Electric Vehicles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Micro Electric Vehicles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Micro Electric Vehicles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Micro Electric Vehicles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Micro Electric Vehicles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Micro Electric Vehicles Sales Breakdown by Type (2018-2023)
2 Global Micro Electric Vehicles Market Competition by Company
2.1 Global Top Players by Micro Electric Vehicles Sales (2018-2023)
2.2 Global Top Players by Micro Electric Vehicles Revenue (2018-2023)
2.3 Global Top Players by Micro Electric Vehicles Price (2018-2023)
2.4 Global Top Manufacturers Micro Electric Vehicles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Micro Electric Vehicles Market Competitive Situation and Trends
2.5.1 Micro Electric Vehicles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Micro Electric Vehicles 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 Electric Vehicles as of 2022)
2.7 Date of Key Manufacturers Enter into Micro Electric Vehicles Market
2.8 Key Manufacturers Micro Electric Vehicles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Micro Electric Vehicles Status and Outlook by Region
3.1 Global Micro Electric Vehicles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Micro Electric Vehicles Historic Market Size by Region
3.2.1 Global Micro Electric Vehicles Sales in Volume by Region (2018-2023)
3.2.2 Global Micro Electric Vehicles Sales in Value by Region (2018-2023)
3.2.3 Global Micro Electric Vehicles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Micro Electric Vehicles Forecasted Market Size by Region
3.3.1 Global Micro Electric Vehicles Sales in Volume by Region (2024-2029)
3.3.2 Global Micro Electric Vehicles Sales in Value by Region (2024-2029)
3.3.3 Global Micro Electric Vehicles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Micro Electric Vehicles by Application
4.1 Micro Electric Vehicles Market Segment by Application
4.1.1 Hosehold
4.1.2 Commercial
4.2 Global Micro Electric Vehicles Market Size by Application
4.2.1 Global Micro Electric Vehicles Market Size Overview by Application (2018-2029)
4.2.2 Global Micro Electric Vehicles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Micro Electric Vehicles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Micro Electric Vehicles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Micro Electric Vehicles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Micro Electric Vehicles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Micro Electric Vehicles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Micro Electric Vehicles Sales Breakdown by Application (2018-2023)
5 North America Micro Electric Vehicles by Country
5.1 North America Micro Electric Vehicles Historic Market Size by Country
5.1.1 North America Micro Electric Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Micro Electric Vehicles Sales in Volume by Country (2018-2023)
5.1.3 North America Micro Electric Vehicles Sales in Value by Country (2018-2023)
5.2 North America Micro Electric Vehicles Forecasted Market Size by Country
5.2.1 North America Micro Electric Vehicles Sales in Volume by Country (2024-2029)
5.2.2 North America Micro Electric Vehicles Sales in Value by Country (2024-2029)
6 Europe Micro Electric Vehicles by Country
6.1 Europe Micro Electric Vehicles Historic Market Size by Country
6.1.1 Europe Micro Electric Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Micro Electric Vehicles Sales in Volume by Country (2018-2023)
6.1.3 Europe Micro Electric Vehicles Sales in Value by Country (2018-2023)
6.2 Europe Micro Electric Vehicles Forecasted Market Size by Country
6.2.1 Europe Micro Electric Vehicles Sales in Volume by Country (2024-2029)
6.2.2 Europe Micro Electric Vehicles Sales in Value by Country (2024-2029)
7 Asia-Pacific Micro Electric Vehicles by Region
7.1 Asia-Pacific Micro Electric Vehicles Historic Market Size by Region
7.1.1 Asia-Pacific Micro Electric Vehicles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Micro Electric Vehicles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Micro Electric Vehicles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Micro Electric Vehicles Forecasted Market Size by Region
7.2.1 Asia-Pacific Micro Electric Vehicles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Micro Electric Vehicles Sales in Value by Region (2024-2029)
8 Latin America Micro Electric Vehicles by Country
8.1 Latin America Micro Electric Vehicles Historic Market Size by Country
8.1.1 Latin America Micro Electric Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Micro Electric Vehicles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Micro Electric Vehicles Sales in Value by Country (2018-2023)
8.2 Latin America Micro Electric Vehicles Forecasted Market Size by Country
8.2.1 Latin America Micro Electric Vehicles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Micro Electric Vehicles Sales in Value by Country (2024-2029)
9 Middle East and Africa Micro Electric Vehicles by Country
9.1 Middle East and Africa Micro Electric Vehicles Historic Market Size by Country
9.1.1 Middle East and Africa Micro Electric Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Micro Electric Vehicles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Micro Electric Vehicles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Micro Electric Vehicles Forecasted Market Size by Country
9.2.1 Middle East and Africa Micro Electric Vehicles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Micro Electric Vehicles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Tesla
10.1.1 Tesla Company Information
10.1.2 Tesla Introduction and Business Overview
10.1.3 Tesla Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Tesla Micro Electric Vehicles Products Offered
10.1.5 Tesla Recent Development
10.2 Renault
10.2.1 Renault Company Information
10.2.2 Renault Introduction and Business Overview
10.2.3 Renault Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Renault Micro Electric Vehicles Products Offered
10.2.5 Renault Recent Development
10.3 Toyota
10.3.1 Toyota Company Information
10.3.2 Toyota Introduction and Business Overview
10.3.3 Toyota Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Toyota Micro Electric Vehicles Products Offered
10.3.5 Toyota Recent Development
10.4 BMW
10.4.1 BMW Company Information
10.4.2 BMW Introduction and Business Overview
10.4.3 BMW Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 BMW Micro Electric Vehicles Products Offered
10.4.5 BMW Recent Development
10.5 Audi
10.5.1 Audi Company Information
10.5.2 Audi Introduction and Business Overview
10.5.3 Audi Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Audi Micro Electric Vehicles Products Offered
10.5.5 Audi Recent Development
10.6 BYD
10.6.1 BYD Company Information
10.6.2 BYD Introduction and Business Overview
10.6.3 BYD Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BYD Micro Electric Vehicles Products Offered
10.6.5 BYD Recent Development
10.7 Ford
10.7.1 Ford Company Information
10.7.2 Ford Introduction and Business Overview
10.7.3 Ford Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ford Micro Electric Vehicles Products Offered
10.7.5 Ford Recent Development
10.8 Honda
10.8.1 Honda Company Information
10.8.2 Honda Introduction and Business Overview
10.8.3 Honda Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Honda Micro Electric Vehicles Products Offered
10.8.5 Honda Recent Development
10.9 Alta
10.9.1 Alta Company Information
10.9.2 Alta Introduction and Business Overview
10.9.3 Alta Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Alta Micro Electric Vehicles Products Offered
10.9.5 Alta Recent Development
10.10 E-Rex
10.10.1 E-Rex Company Information
10.10.2 E-Rex Introduction and Business Overview
10.10.3 E-Rex Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.10.4 E-Rex Micro Electric Vehicles Products Offered
10.10.5 E-Rex Recent Development
10.11 Jinhua
10.11.1 Jinhua Company Information
10.11.2 Jinhua Introduction and Business Overview
10.11.3 Jinhua Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Jinhua Micro Electric Vehicles Products Offered
10.11.5 Jinhua Recent Development
10.12 Sanyo system
10.12.1 Sanyo system Company Information
10.12.2 Sanyo system Introduction and Business Overview
10.12.3 Sanyo system Micro Electric Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Sanyo system Micro Electric Vehicles Products Offered
10.12.5 Sanyo system Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Micro Electric Vehicles 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 Electric Vehicles Industrial Chain Analysis
11.4 Micro Electric Vehicles Market Dynamics
11.4.1 Micro Electric Vehicles Industry Trends
11.4.2 Micro Electric Vehicles Market Drivers
11.4.3 Micro Electric Vehicles Market Challenges
11.4.4 Micro Electric Vehicles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Micro Electric Vehicles Distributors
12.3 Micro Electric Vehicles 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
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Automotive Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
