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Worldwide Industry for Microcars to 2026 - by Wheel, Driver, Fuel Type, Application, Sales Channel and Geography -

·3-min read

The "Global Microcars Market Analysis 2020" report has been added to's offering.

The Global Microcars market is expected to reach $8.19 billion by 2026 growing at a CAGR of 17.0% from 2019 to 2026. The microcar is a small-sized car, with three or four wheels and often an engine smaller than 700 cc.

Factors such as increased adoption of electric cars and government regulations regarding environmental safety and carbon emissions are driving the growth of the market. However, the high initial cost is restraining the growth of the market.

Based on the fuel type, the electric segment is going to have a lucrative growth during the forecast period owing to the increased awareness among people regarding the impacts of fossil fuels.

Companies Mentioned

  • Daimler AG

  • Hyundai

  • Toyota Motor Corporation

  • Honda Motor Company

  • Tata Motors Limited

  • Renault S.A.

  • Mahindra Electric Mobility Limited

  • Maruti

  • Suzuki Motor Corporation

  • Nissan Motor Co Ltd

  • Fiat

  • Groupe PSA

  • Piaggio & C. Spa

  • Daihatsu Motor Co Ltd

  • Geely

  • BMW AG.

  • Mazda Motor Corporation

  • LIGIER Group.

Key Questions Answered in this Report:

  • How this market evolved since the year 2018

  • Market size estimations, forecasts and CAGR for all the segments presented in the scope

  • Key Market Developments and financials of the key players

  • Opportunity Analysis for the new entrants

  • SWOT Analysis of the key players

  • Fastest growing markets analyzed during the forecast period

Key Topics Covered:

1 Market Synopsis

2 Research Outline

2.1 Research Snapshot

2.2 Research Methodology

2.3 Research Sources

2.3.1 Primary Research Sources

2.3.2 Secondary Research Sources

3 Market Dynamics

3.1 Drivers

3.2 Restraints

4 Market Environment

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Microcars Market, by Wheel

5.1 Introduction

5.2 4-Wheel Microcar

5.3 3-Wheel Microcar

6 Global Microcars Market, by Drive

6.1 Introduction

6.2 All Wheel Drive (AWD)

6.3 2 Wheel Drive/1Wheel Drive

7 Global Microcars Market, by Fuel Type

7.1 Introduction

7.2 Electric

7.3 Petrol/Diesel

7.4 Hybrid

8 Global Microcars Market, by Application

8.1 Introduction

8.2 Commercial

8.3 Personal

9 Global Microcars Market, by Sales Channel

9.1 Introduction

9.2 Direct Channel

9.3 Distribution Channel

10 Global Microcars Market, by Geography

10.1 Introduction

10.2 North America

10.3 Europe

10.4 Asia Pacific

10.5 South America

10.6 Middle East & Africa

11 Strategic Benchmarking

12 Vendors Landscape

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