Global Micro-Compact Cars Market Professional Survey Report 2019
Over the last few years, as growing environmental concern, increasing fuel price as well as traffic congestion globally, the emphasis on improving transportation facilities began to gather more attention. Thus, automobile manufacturers are breaking their dependency on heavier car models and managing to develop comfortable, affordable, low carbon emissions as well as fuel consumption small vehicles such as microcars. Thus, these tiny cars are finding appeal among consumers offered as an alternative to combat road traffic congestion. Moreover, as the companies are introducing new models, the microcars are gaining more popularity and competitiveness in the market. In many developing countries such as India, microcars are used as public transportation. In the U.S., people who own three-wheel microcars are benefiting from safety regulations as these microcars are categorized as motorcycles. The primary benefits to owning microcars include taxes, insurance credits as well as special parking are the factors which as boost the microcars market in the near future.
The global Micro-Compact Cars market was valued at 2550 million US$ in 2018 and will reach 3170 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025.
This report focuses on Micro-Compact Cars volume and value at global level, regional level and company level. From a global perspective, this report represents overall Micro-Compact Cars market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Micro-Compact Cars in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Micro-Compact Cars manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Mahindra Electric Mobility Limited
Nissan Motor Co., Ltd.
Piaggio & C. Spa
Suzuki Motor Corporation
Tata Motors Limited
Toyota Motor Corporation
Daihatsu Motor Co., Ltd.
Segment by Regions
Segment by Type
Segment by Application
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.