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Microcars Market

Microcars Market (Fuel Type: Petrol/Diesel, Hybrid, Electric, and Others (Alternate Fuel); Wheel: 3-wheel Microcar and 4-wheel Microcar; and Drive: 2WD/1WD and AWD) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

Environment-friendly and Cost-effective Microcars to Witness Widespread Adoption

The automotive sector continues to experience waves of innovations at a consistent pace. Regulatory pressure pertaining to carbon emissions in automotive vehicles has paved the way for a range of innovative concepts that aim to reduce air pollution. At present, hybrid and full-electric cars are gaining immense popularity around the world, as automotive companies are increasingly focusing on launching electric vehicles to establish a solid footing in the automotive sector. As the popularity of electric vehicles continues to head in the upward direction, microcars are gradually making a solid presence around global markets. Current trends in the automotive sector indicate a growing interest in micro-mobility due to which, the demand for microcars is growing at a steady pace particularly in East Asia and Europe.

Sensing the growing interest in microcars, a broad spectrum of automotive companies are increasingly diversifying their product offerings to launch energy-efficient, eco-friendly, and cost-effective microcars. In addition, government bodies around the world are promoting the production of electric vehicles by offering lucrative incentives and tax subsidies due to which, the overall production of microcars is projected to grow at a rapid pace during the forecast period. Several original equipment manufacturers (OEMs) have initiated the development of their own microcar concepts– a trend that is expected to set the wheels running for the microcars market in the assessment period.

At the back of these factors, along with advancements in technology, the global microcars market is expected to reach ~US$ 12.7 Bn by the end of 2030.

Microcar Market Infographic

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License-free Driving and Environmental Concerns to Augment Sales

Governments across several key regions continue to put forward stringent regulations pertaining to environment safety and carbon emissions. The automotive sector, thereby, is required to comply with these regulations due to which, electric and hybrid cars are being developed. Microcars are likely to provide consumers the convenience of a four-wheeler and mobility of two or three-wheeled vehicles – both these factors are expected to play a key role in augmenting the sales of microcars in the upcoming years.

In several nations around the world, a driving license is not mandatory to drive a microcar- another factor that is expected to play a major role in influencing consumers to opt for microcars during the forecast period. The soaring demand for electric microcars coupled with growing interest in artificial intelligence-based autonomous vehicles is projected to play a key role in the overall development of the microcars market.

China to Remain Frontrunner in Production, Automotive Companies Eye Launch of New Microcars

The automotive sector is highly competitive wherein companies are striving hard to survive the cutthroat competition. Automotive companies are increasingly investing in new technologies and concepts to roll out eco-friendly microcars. At present, China is a major manufacturer of microcars due to the presence of over 400 microcar developers in the nation. Although there are no concrete guidelines and regulations related to the usage of microcars, government bodies are gradually stepping toward that direction by putting forward guidelines that are likely to improve on-road safety.

Microcar Market Segmentation

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Several automotive brands are launching new models of electric microcars to gain an advantage in the microcars market. For instance, Sunning Logistics and Baidu Apollo revealed a newly developed microcar equipped with the self-driving technology. Companies further revealed their plans of mass-producing unmanned delivery vehicles– a trend that is likely to be witnessed during the forecast period. Several startups in various parts of the world have entered the microcars market, due to which the competition continues to grow.

Sales to Drop amid COVID-19 Pandemic

The onset of the COVID-19 pandemic is expected to deeply impact the automotive sector. The initial lockdown in the first quarter of 2020 in China has created major disruptions in the supply chain of various automotive components. In addition, as China is projected to control a dominant share of the global supply chain in the automotive sector, the lockdown of the industrial sector in the first quarter of 2020 is expected to hinder the growth of the microcars market in 2020.

Restrictions on transportation and cross-border trade coupled with the ongoing political tension between China and the U.S. are likely to influence the growth of the microcars market. The demand for microcars is expected to remain sluggish in 2020 amid the ongoing COVID-19 event. However, the trend is likely to change over the last quarter of 2020, as the demand is expected to gain momentum.

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Analysts’ Viewpoint

The global microcars market is expected to grow at a staggering CAGR of ~15% during the forecast period. Technological advancements, growing regulatory pressure pertaining to environmental protection, and high demand for electric and hybrid microcars are some of the leading factors that are expected to boost the expansion of the global microcars market during the assessment period. In addition, governments of various countries are increasingly encouraging the production of electric vehicles by offering subsidies and incentives due to which, the high growth of the microcars market is projected.  

Microcars Market: Overview

  • The global microcars market is anticipated to expand at a CAGR of ~15% during the forecast period, owing to the rise in production and sales of vehicles across the globe that has led to the increase in consumption and hence, is expected to boost the microcars market. Increasing demand for electric vehicles across the globe due to the enactment of stringent rules and regulations regarding vehicle emission is likely to increase the demand for electric microcars, which, in turn, is anticipated to propel the microcars market during the forecast period.
  • Expansion of the automotive industry, rise in income level, increase in consumer demand for small vehicles, and innovative engineering solutions such as rear-mid-engine are primary factors driving the global microcars market. Rise in demand for lightweight vehicles, owing to enhanced fuel efficiency of the vehicle is projected to boost the microcars market during the forecast period.

Microcars Market: Drivers

  • Rising urbanization and demand for smart cities around the world has propelled the usage of passenger cars and light commercial vehicles significantly, which is likely to augment the microcars market during the forecast period
  • Vehicle manufacturers, especially engine manufacturers, are anticipated to invest heavily in research & development to design and develop new and technologically advanced vehicles, including autonomous vehicles and connected vehicles. This is estimated to boost the microcars market during the forecast period.
  • Decline in vehicle loan interest rates, easy availability of finance with customized financial schemes, and increase in per capita income of consumers are key factors leading to the increase in sales and production of vehicles. Furthermore, expansion of the construction industry and rising development through rapid industrialization are anticipated to drive the production and sales of commercial vehicles, especially in developed regions, including China, the U.S. and Japan. This, in turn, is likely to propel the microcars market across the globe.

Microcars Market: Challenges

  • Global vehicle sales are expected to decline by 2.5% in 2020 due to the Covid-19 pandemic; however, presently, they are more likely to decline between 6% and 8% this year, with knock-on effects into 2021. Currently, people are not keen to use public transport, which is likely to boost interest to own cars. This depends highly on the restriction period required to contain the global spread of the COVID-19 pandemic and assumes there would be no subsequent second global wave. Such a pandemic is projected to pose a major challenge to the microcars market across the globe.
  • Changing consumer preference, scarcity of land for parking, growing safety concerns, rising clean air standards for automobiles, increasingly stringent regulatory standards, and volatile oil price may pose key challenges to the microcars market during the forecast the period.

Microcars Market: Segmentation

  • Based on drive, the AWD segment dominated the global microcars market, as AWD helps increase fuel efficiency, enhance traction, and control of the vehicle. Rise in demand for small and lightweight passenger vehicles in order to increase the fuel-efficiency of the vehicle is projected to boost the microcars market across the globe.
  • Based on fuel type, the electric segment dominated the market, as the demand for electric vehicles has been rising across the globe due to enactment of stringent rules and regulations regarding vehicle emission.

Microcars Market: Regional Analysis

  • Based on region, the global microcars market has been segregated into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa
  • Asia Pacific and Europe are projected to be highly lucrative markets during the forecast period. This is primarily due to the presence of a prominent automotive industry in the U.S., China, Japan, and India. Consistent rise in vehicle production across Asia Pacific and Europe is anticipated to propel the microcars market during the forecast period.

Microcars Market: Competition Landscape

  • Key players operating in the global microcars market include
    • BMW AG.
    • Mazda Motor Corporation
    • Daihatsu Motor Co., Ltd. 
    • Daimler AG
    • Group PSA
    • Honda Motor Company
    • LIGIER Group.
    • Mahindra & Mahindra
    • Tata Motors
    • Toyota Motor Corporation
    • Groupe Renault SA
    • Daihatsu Motor Co. Ltd.
    • Piaggio & C. Spa
    • Subaru
    • Suzuki Motor Corporation
  • Key players at the global level are expanding their footprint by engaging in mergers and acquisitions with several players in the industry. In February 2019, Honda Automoveis do Brasil Ltda. (HAB), the Honda automobile production and sales subsidiary in Brazil, began operation at its new automobile plant in the city of Itirapina in the state of São Paulo. This new plant is projected to consolidate the company’s automobile business in the country. In May 2018, Mahindra & Mahindra signed two Memoranda of Understanding (MoUs) with the Government of Maharashtra (GoM), to further its next phase of expansion in electric vehicles (EVs) and achieve its vision of becoming completely electric ready. This is, in line, with the government’s pursuit for rapid adoption of EVs for private use as well as public (shared mobility).

Microcars Market – Segmentation

This report on the microcars market provides information on the basis of fuel type, wheel, drive, and region.

Fuel Type

  • Petrol/Diesel
  • Hybrid
  • Electric
  • Others (Alternate Fuel)

Wheel

  • 3-wheel Microcar
  • 4-wheel Microcar

Drive

  • 2WD/1WD
  • AWD

Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America
Microcars Market

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1. Preface

   1.1. Market Definition and Scope

   1.2. Market Segmentation

   1.3. Key Research Objectives

   1.4. Research Highlights

2. Assumptions and Research Methodology

   2.1. Research Methodology

       2.1.1. Primary Research and List of Primary Sources

       2.1.2. Secondary Research and Sources

   2.2. Key assumptions for Data Modelling

3. Executive Summary : Global Microcars market

   3.1. Global Microcars Market Volume Million Units, and Value (US$ Mn) Forecast, 2019?2030

4. Market Overview

   4.1. Introduction

   4.2. Global Market – Macro Economic Factors

   4.3. Industry Dynamics

   4.4. Market Dynamics

       4.4.1. Drivers

       4.4.2. Restraints

       4.4.3. Opportunity

       4.4.4. Impact Analysis of Drivers and Restraints

   4.5. Market Factor Analysis

       4.5.1. Porter’s Five Force Analysis

       4.5.2. PESTEL Analysis

       4.5.3. Value Chain Analysis

           4.5.3.1. List of Key Manufacturers

           4.5.3.2. List of Customers

           4.5.3.3. Level of Integration

       4.5.4. SWOT Analysis

   4.6. Regulatory Scenario

   4.7. Key Industry Development

5. Global Microcars Market Analysis and Forecast, by Fuel Type

   5.1. Definition

   5.2. Market Snapshot

   5.3. Global Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type, 2019?2030

       5.3.1. Petrol/Diesel

       5.3.2. Hybrid

       5.3.3. Electric

       5.3.4. Other alternate fuel

6. Global Microcars Market Analysis and Forecast, by Wheel

   6.1. Definition

   6.2. Market Snapshot

   6.3. Global Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel, 2019?2030

       6.3.1. 3- Wheel Micro Car

       6.3.2. 4- Wheel Micro Car

7. Global Microcars Market Analysis and Forecast, by Drive

   7.1. Definition

   7.2. Market Snapshot

   7.3. Global Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive, 2019?2030

       7.3.1. 2WD/1WD

       7.3.2. AWD

8. Global Microcars Market Analysis and Forecast, by Region

   8.1. Market Snapshot

   8.2. Global Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Region, 2019?2030

       8.2.1. North America

       8.2.2. Latin America

       8.2.3. Europe

       8.2.4. Asia Pacific

       8.2.5. Middle East & Africa

9. North America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, 2019?2030

   9.1. Market Snapshot

   9.2. North America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       9.2.1. Petrol/Diesel

       9.2.2. Hybrid

       9.2.3. Electric

       9.2.4. Other alternate fuel

   9.3. North America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       9.3.1. 3- Wheel Micro Car

       9.3.2. 4- Wheel Micro Car

   9.4. North America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       9.4.1. 2WD/1WD

       9.4.2. AWD

   9.5. North America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country

       9.5.1. U.S.

       9.5.2. Canada

   9.6. U.S. Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       9.6.1. Petrol/Diesel

       9.6.2. Hybrid

       9.6.3. Electric

       9.6.4. Other alternate fuel

   9.7. U.S. Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       9.7.1. 3- Wheel Micro Car

       9.7.2. 4- Wheel Micro Car

   9.8. U.S.  Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       9.8.1. 2WD/1WD

       9.8.2. AWD

   9.9. Canada Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       9.9.1. Petrol/Diesel

       9.9.2. Hybrid

       9.9.3. Electric

       9.9.4. Other alternate fuel

   9.10. Canada Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       9.10.1. 3- Wheel Micro Car

       9.10.2. 4- Wheel Micro Car

   9.11. Canada Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       9.11.1. 2WD/1WD

       9.11.2. AWD

   9.12. North America Microcars Market: PEST Analysis

10. Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, 2019?2030

   10.1. Market Snapshot

   10.2. Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.2.1. Petrol/Diesel

       10.2.2. Hybrid

       10.2.3. Electric

       10.2.4. Other alternate fuel

   10.3. Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.3.1. 3- Wheel Micro Car

       10.3.2. 4- Wheel Micro Car

   10.4. Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.4.1. 2WD/1WD

       10.4.2. AWD

   10.5. Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region

       10.5.1. Germany

       10.5.2. U.K.

       10.5.3. France

       10.5.4. Italy

       10.5.5. Spain

       10.5.6. Rest of Europe

   10.6. Germany Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.6.1. Petrol/Diesel

       10.6.2. Hybrid

       10.6.3. Electric

       10.6.4. Other alternate fuel

   10.7. Germany Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.7.1. 3- Wheel Micro Car

       10.7.2. 4- Wheel Micro Car

   10.8. Germany Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.8.1. 2WD/1WD

       10.8.2. AWD

   10.9. U.K. Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.9.1. Petrol/Diesel

       10.9.2. Hybrid

       10.9.3. Electric

       10.9.4. Other alternate fuel

   10.10. U.K. Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.10.1. 3- Wheel Micro Car

       10.10.2. 4- Wheel Micro Car

   10.11. U.K. Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.11.1. 2WD/1WD

       10.11.2. AWD

   10.12. France Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.12.1. Petrol/Diesel

       10.12.2. Hybrid

       10.12.3. Electric

       10.12.4. Other alternate fuel

   10.13. France Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.13.1. 3- Wheel Micro Car

       10.13.2. 4- Wheel Micro Car

   10.14. France Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.14.1. 2WD/1WD

       10.14.2. AWD

   10.15. Italy Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.15.1. Petrol/Diesel

       10.15.2. Hybrid

       10.15.3. Electric

       10.15.4. Other alternate fuel

   10.16. Italy Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.16.1. 3- Wheel Micro Car

       10.16.2. 4- Wheel Micro Car

   10.17. Italy Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.17.1. 2WD/1WD

       10.17.2. AWD

   10.18. Spain Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.18.1. Petrol/Diesel

       10.18.2. Hybrid

       10.18.3. Electric

       10.18.4. Other alternate fuel

   10.19. Spain Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.19.1. 3- Wheel Micro Car

       10.19.2. 4- Wheel Micro Car

   10.20. Spain Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.20.1. 2WD/1WD

       10.20.2. AWD

   10.21. Rest of Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       10.21.1. Petrol/Diesel

       10.21.2. Hybrid

       10.21.3. Electric

       10.21.4. Other alternate fuel

   10.22. Rest of Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       10.22.1. 3- Wheel Micro Car

       10.22.2. 4- Wheel Micro Car

   10.23. Rest of Europe Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       10.23.1. 2WD/1WD

       10.23.2. AWD

   10.24. Europe Microcars Market: PEST Analysis

11. Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, 2019?2030

   11.1. Market Snapshot

   11.2. Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.2.1. Petrol/Diesel

       11.2.2. Hybrid

       11.2.3. Electric

       11.2.4. Other alternate fuel

   11.3. Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.3.1. 3- Wheel Micro Car

       11.3.2. 4- Wheel Micro Car

   11.4. Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.4.1. 2WD/1WD

       11.4.2. AWD

   11.5. Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region

       11.5.1. China

       11.5.2. India

       11.5.3. Japan

       11.5.4. ASEAN

       11.5.5. Rest of Asia Pacific

   11.6. China Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.6.1. Petrol/Diesel

       11.6.2. Hybrid

       11.6.3. Electric

       11.6.4. Other alternate fuel

   11.7. China Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.7.1. 3- Wheel Micro Car

       11.7.2. 4- Wheel Micro Car

   11.8. China Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.8.1. 2WD/1WD

       11.8.2. AWD

   11.9. India Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.9.1. Petrol/Diesel

       11.9.2. Hybrid

       11.9.3. Electric

       11.9.4. Other alternate fuel

   11.10. India Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.10.1. 3- Wheel Micro Car

       11.10.2. 4- Wheel Micro Car

   11.11. India Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.11.1. 2WD/1WD

       11.11.2. AWD

   11.12. Japan Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.12.1. Petrol/Diesel

       11.12.2. Hybrid

       11.12.3. Electric

       11.12.4. Other alternate fuel

   11.13. Japan Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.13.1. 3- Wheel Micro Car

       11.13.2. 4- Wheel Micro Car

   11.14. Japan Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.14.1. 2WD/1WD

       11.14.2. AWD

   11.15. ASEAN Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.15.1. Petrol/Diesel

       11.15.2. Hybrid

       11.15.3. Electric

       11.15.4. Other alternate fuel

   11.16. ASEAN Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.16.1. 3- Wheel Micro Car

       11.16.2. 4- Wheel Micro Car

   11.17. ASEAN Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.17.1. 2WD/1WD

       11.17.2. AWD

   11.18. Rest of Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       11.18.1. Petrol/Diesel

       11.18.2. Hybrid

       11.18.3. Electric

       11.18.4. Other alternate fuel

   11.19. Rest of Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       11.19.1. 3- Wheel Micro Car

       11.19.2. 4- Wheel Micro Car

   11.20. Rest of Asia Pacific Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       11.20.1. 2WD/1WD

       11.20.2. AWD

   11.21. Asia Pacific Microcars Market: PEST Analysis

12. Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, 2019?2030

   12.1. Market Snapshot

   12.2. Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       12.2.1. Petrol/Diesel

       12.2.2. Hybrid

       12.2.3. Electric

       12.2.4. Other alternate fuel

   12.3. Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       12.3.1. 3- Wheel Micro Car

       12.3.2. 4- Wheel Micro Car

   12.4. Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       12.4.1. 2WD/1WD

       12.4.2. AWD

   12.5. Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region

       12.5.1. GCC

       12.5.2. South Africa

       12.5.3. Rest of Middle East & Africa

   12.6. GCC Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       12.6.1. Petrol/Diesel

       12.6.2. Hybrid

       12.6.3. Electric

       12.6.4. Other alternate fuel

   12.7. GCC Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       12.7.1. 3- Wheel Micro Car

       12.7.2. 4- Wheel Micro Car

   12.8. GCC Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       12.8.1. 2WD/1WD

       12.8.2. AWD

   12.9. South Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       12.9.1. Petrol/Diesel

       12.9.2. Hybrid

       12.9.3. Electric

       12.9.4. Other alternate fuel

   12.10. South Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       12.10.1. 3- Wheel Micro Car

       12.10.2. 4- Wheel Micro Car

   12.11. South Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       12.11.1. 2WD/1WD

       12.11.2. AWD

   12.12. Rest of Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       12.12.1. Petrol/Diesel

       12.12.2. Hybrid

       12.12.3. Electric

       12.12.4. Other alternate fuel

   12.13. Rest of Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       12.13.1. 3- Wheel Micro Car

       12.13.2. 4- Wheel Micro Car

       12.13.3. Composite

   12.14. Rest of Middle East & Africa Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       12.14.1. 2WD/1WD

       12.14.2. AWD

   12.15. Middle East & Africa Microcars Market: PEST Analysis

13. Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, 2019?2030

   13.1. Market Snapshot

   13.2. Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       13.2.1. Petrol/Diesel

       13.2.2. Hybrid

       13.2.3. Electric

       13.2.4. Other alternate fuel

   13.3. Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       13.3.1. 3- Wheel Micro Car

       13.3.2. 4- Wheel Micro Car

   13.4. Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       13.4.1. 2WD/1WD

       13.4.2. AWD

   13.5. Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Country and Sub-region

       13.5.1. Brazil

       13.5.2. Mexico

       13.5.3. Rest of Latin America

   13.6. Brazil Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       13.6.1. Petrol/Diesel

       13.6.2. Hybrid

       13.6.3. Electric

       13.6.4. Other alternate fuel

   13.7. Brazil Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       13.7.1. 3- Wheel Micro Car

       13.7.2. 4- Wheel Micro Car

   13.8. Brazil Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       13.8.1. 2WD/1WD

       13.8.2. AWD

   13.9. Mexico Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       13.9.1. Petrol/Diesel

       13.9.2. Hybrid

       13.9.3. Electric

       13.9.4. Other alternate fuel

   13.10. Mexico Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       13.10.1. 3- Wheel Micro Car

       13.10.2. 4- Wheel Micro Car

   13.11. Mexico Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       13.11.1. 2WD/1WD

       13.11.2. AWD

   13.12. Rest of Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Fuel Type

       13.12.1. Petrol/Diesel

       13.12.2. Hybrid

       13.12.3. Electric

       13.12.4. Other alternate fuel

   13.13. Rest of Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Wheel

       13.13.1. 3- Wheel Micro Car

       13.13.2. 4- Wheel Micro Car

   13.14. Rest of Latin America Microcars Market Volume (Million Units) and Value (US$ Mn) Forecast, by Drive 

       13.14.1. 2WD/1WD

       13.14.2. AWD

   13.15. Latin America Microcars Market: PEST Analysis

14. Competition Landscape

   14.1. Market Analysis By Company (2018)

   14.2. Market Player – Competition Matrix (By Tier and Size of companies)

   14.3. Key Market Players (Details – Overview, Recent Developments, Strategy)

       14.3.1. BMW AG

           14.3.1.1. Overview

           14.3.1.2. Recent Developments

           14.3.1.3. Strategy

       14.3.2. Daimler AG

           14.3.2.1. Overview

           14.3.2.2. Recent Developments

           14.3.2.3. Strategy

       14.3.3. Groupe PSA

           14.3.3.1. Overview

           14.3.3.2. Recent Developments

           14.3.3.3. Strategy

       14.3.4. Honda Motor Co. Ltd

           14.3.4.1. Overview

           14.3.4.2. Recent Developments

           14.3.4.3. Strategy

       14.3.5. Tata Motors

           14.3.5.1. Overview

           14.3.5.2. Recent Developments

           14.3.5.3. Strategy

       14.3.6. Mazda Motor Corporation

           14.3.6.1. Overview

           14.3.6.2. Recent Developments

           14.3.6.3. Strategy

       14.3.7. Mahindra & Mahindra

           14.3.7.1. Overview

           14.3.7.2. Recent Developments

           14.3.7.3. Strategy

       14.3.8. Toyota Motor Corporation

           14.3.8.1. Overview

           14.3.8.2. Recent Developments

           14.3.8.3. Strategy

       14.3.9. Piaggio & C. Spa

           14.3.9.1. Overview

           14.3.9.2. Recent Developments

           14.3.9.3. Strategy

       14.3.10. Nissan Motor Co. Ltd.

           14.3.10.1. Overview

           14.3.10.2. Recent Developments

           14.3.10.3. Strategy

       14.3.11. Suzuki Motor Corporation

           14.3.11.1. Overview

           14.3.11.2. Recent Developments

           14.3.11.3. Strategy

       14.3.12. Subaru

           14.3.12.1. Overview

           14.3.12.2. Recent Developments

           14.3.12.3. Strategy

       14.3.13. Groupe Renault S.A.

           14.3.13.1. Overview

           14.3.13.2. Recent Developments

           14.3.13.3. Strategy

List of Tables

Table  1: Global Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  2: Global Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  3: Global Microcars Market Volume (Million Units), by Wheel, 2019

Table  4: Global Microcars Market Value (US$ Mn), by Wheel, 2030

Table  5: Global Microcars Market Volume (Million Units), by Drive, 2019

Table  6: Global Microcars Market Value (US$ Mn), by Drive, 2030

Table  7: Global Microcars Market Volume (Million Units), by Region, 2019

Table  8: Global Microcars Market Value (US$ Mn), by Region, 2030

Table  9: Europe Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  10: Europe Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  11: Europe Microcars Market Volume (Million Units), by Wheel, 2019

Table  12: Europe Microcars Market Value (US$ Mn), by Wheel, 2030

Table  13: Europe Microcars Market Volume (Million Units), by Drive, 2019

Table  14: Europe Microcars Market Value (US$ Mn), by Drive, 2030

Table  15: Europe Microcars Market Volume (Million Units), by Country and Sub-region, 2030, 2019

Table  16: Europe Microcars Market Value (US$ Mn), by Country and Sub-region, 2030, 2030

Table  17: Germany  Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  18: Germany  Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  19: Germany  Microcars Market Volume (Million Units), by Wheel, 2019

Table  20: Germany  Microcars Market Value (US$ Mn), by Wheel, 2030

Table  21: Germany  Microcars Market Volume (Million Units), by Drive, 2019

Table  22: Germany  Microcars Market Value (US$ Mn), by Drive, 2030

Table  23: U.K. Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  24: U.K. Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  25: U.K. Microcars Market Volume (Million Units), by Wheel, 2019

Table  26: U.K. Microcars Market Value (US$ Mn), by Wheel, 2030

Table  27: U.K. Microcars Market Volume (Million Units), by Drive, 2019

Table  28: U.K. Microcars Market Value (US$ Mn), by Drive, 2030

Table  29: France Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  30: France Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  31: France Microcars Market Volume (Million Units), by Wheel, 2019

Table  32: France Microcars Market Value (US$ Mn), by Wheel, 2030

Table  33: France Microcars Market Volume (Million Units), by Drive, 2019

Table  34: France Microcars Market Value (US$ Mn), by Drive, 2030

Table  35: Italy Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  36: Italy Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  37: Italy Microcars Market Volume (Million Units), by Wheel, 2019

Table  38: Italy Microcars Market Value (US$ Mn), by Wheel, 2030

Table  39: Italy Microcars Market Volume (Million Units), by Drive, 2019

Table  40: Italy Microcars Market Value (US$ Mn), by Drive, 2030

Table  41: Spain Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  42: Spain Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  43: Spain Microcars Market Volume (Million Units), by Wheel, 2019

Table  44: Spain Microcars Market Value (US$ Mn), by Wheel, 2030

Table  45: Spain Microcars Market Volume (Million Units), by Drive, 2019

Table  46: Spain Microcars Market Value (US$ Mn), by Drive, 2030

Table  47: Rest of Europe Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  48: Rest of Europe Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  49: Rest of Europe Microcars Market Volume (Million Units), by Wheel, 2019

Table  50: Rest of Europe Microcars Market Value (US$ Mn), by Wheel, 2030

Table  51: Rest of Europe Microcars Market Volume (Million Units), by Drive, 2019

Table  52: Rest of Europe Microcars Market Value (US$ Mn), by Drive, 2030

Table  53: North America Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  54: North America Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  55: North America Microcars Market Volume (Million Units), by Wheel, 2019

Table  56: North America Microcars Market Value (US$ Mn), by Wheel, 2030

Table  57: North America Microcars Market Volume (Million Units), by Drive, 2019

Table  58: North America Microcars Market Value (US$ Mn), by Drive, 2030

Table  59: North America Microcars Market Volume (Million Units), by Country, 2019

Table  60: North America Microcars Market Value (US$ Mn), by Country, 2030

Table  61: U.S. Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  62: U.S. Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  63: U.S. Microcars Market Volume (Million Units), by Wheel, 2019

Table  64: U.S. Microcars Market Value (US$ Mn), by Wheel, 2030

Table  65: U.S. Microcars Market Volume (Million Units), by Drive, 2019

Table  66: U.S. Microcars Market Value (US$ Mn), by Drive, 2030

Table  67: Canada Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  68: Canada Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  69: Canada Microcars Market Volume (Million Units), by Wheel, 2019

Table  70: Canada Microcars Market Value (US$ Mn), by Wheel, 2030

Table  71: Canada Microcars Market Volume (Million Units), by Drive, 2019

Table  72: Canada Microcars Market Value (US$ Mn), by Drive, 2030

Table  73: Latin America Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  74: Latin America Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  75: Latin America Microcars Market Volume (Million Units), by Wheel, 2019

Table  76: Latin America Microcars Market Value (US$ Mn), by Wheel, 2030

Table  77: Latin America Microcars Market Volume (Million Units), by Drive, 2019

Table  78: Latin America Microcars Market Value (US$ Mn), by Drive, 2030

Table  79: Latin America Microcars Market Volume (Million Units), by Country and Sub-region, 2030, 2019

Table  80: Latin America Microcars Market Value (US$ Mn), by Country and Sub-region, 2030, 2030

Table  81: Brazil Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  82: Brazil Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  83: Brazil Microcars Market Volume (Million Units), by Wheel, 2019

Table  84: Brazil Microcars Market Value (US$ Mn), by Wheel, 2030

Table  85: Brazil Microcars Market Volume (Million Units), by Drive, 2019

Table  86: Brazil Microcars Market Value (US$ Mn), by Drive, 2030

Table  87: Mexico Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  88: Mexico Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  89: Mexico Microcars Market Volume (Million Units), by Wheel, 2019

Table  90: Mexico Microcars Market Value (US$ Mn), by Wheel, 2030

Table  91: Mexico Microcars Market Volume (Million Units), by Drive, 2019

Table  92: Mexico Microcars Market Value (US$ Mn), by Drive, 2030

Table  93: Rest of Latin America Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  94: Rest of Latin America Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  95: Rest of Latin America Microcars Market Volume (Million Units), by Wheel, 2019

Table  96: Rest of Latin America Microcars Market Value (US$ Mn), by Wheel, 2030

Table  97: Rest of Latin America Microcars Market Volume (Million Units), by Drive, 2019

Table  98: Rest of Latin America Microcars Market Value (US$ Mn), by Drive, 2030

Table  99: Asia Pacific Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  100: Asia Pacific Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  101: Asia Pacific Microcars Market Volume (Million Units), by Wheel, 2019

Table  102: Asia Pacific Microcars Market Value (US$ Mn), by Wheel, 2030

Table  103: Asia Pacific Microcars Market Volume (Million Units), by Drive, 2019

Table  104: Asia Pacific Microcars Market Value (US$ Mn), by Drive, 2030

Table  105: Asia Pacific Microcars Market Volume (Million Units), by Country and Sub-region, 2030, 2019

Table  106: Asia Pacific Microcars Market Value (US$ Mn), by Country and Sub-region, 2030, 2030

Table  107: China Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  108: China Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  109: China Microcars Market Volume (Million Units), by Wheel, 2019

Table  110: China Microcars Market Value (US$ Mn), by Wheel, 2030

Table  111: China Microcars Market Volume (Million Units), by Drive, 2019

Table  112: China Microcars Market Value (US$ Mn), by Drive, 2030

Table  113: India Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  114: India Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  115: India Microcars Market Volume (Million Units), by Wheel, 2019

Table  116: India Microcars Market Value (US$ Mn), by Wheel, 2030

Table  117: India Microcars Market Volume (Million Units), by Drive, 2019

Table  118: India Microcars Market Value (US$ Mn), by Drive, 2030

Table  119: Japan Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  120: Japan Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  121: Japan Microcars Market Volume (Million Units), by Wheel, 2019

Table  122: Japan Microcars Market Value (US$ Mn), by Wheel, 2030

Table  123: Japan Microcars Market Volume (Million Units), by Drive, 2019

Table  124: Japan Microcars Market Value (US$ Mn), by Drive, 2030

Table  125: ASEAN Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  126: ASEAN Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  127: ASEAN Microcars Market Volume (Million Units), by Wheel, 2019

Table  128: ASEAN Microcars Market Value (US$ Mn), by Wheel, 2030

Table  129: ASEAN Microcars Market Volume (Million Units), by Drive, 2019

Table  130: ASEAN Microcars Market Value (US$ Mn), by Drive, 2030

Table  131: Rest of Asia Pacific Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  132: Rest of Asia Pacific Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  133: Rest of Asia Pacific Microcars Market Volume (Million Units), by Wheel, 2019

Table  134: Rest of Asia Pacific Microcars Market Value (US$ Mn), by Wheel, 2030

Table  135: Rest of Asia Pacific Microcars Market Volume (Million Units), by Drive, 2019

Table  136: Rest of Asia Pacific Microcars Market Value (US$ Mn), by Drive, 2030

Table  137: Middle East & Africa, Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  138: Middle East & Africa, Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  139: Middle East & Africa, Microcars Market Volume (Million Units), by Wheel, 2019

Table  140: Middle East & Africa, Microcars Market Value (US$ Mn), by Wheel, 2030

Table  141: Middle East & Africa, Microcars Market Volume (Million Units), by Drive, 2019

Table  142: Middle East & Africa, Microcars Market Value (US$ Mn), by Drive, 2030

Table  143: Middle East & Africa, Microcars Market Volume (Million Units), by Country and Sub-region, 2030, 2019

Table  144: Middle East & Africa, Microcars Market Value (US$ Mn), by Country and Sub-region, 2030

Table  145: GCC Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  146: GCC Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  147: GCC Microcars Market Volume (Million Units), by Wheel, 2019

Table  148: GCC Microcars Market Value (US$ Mn), by Wheel, 2030

Table  149: GCC Microcars Market Volume (Million Units), by Drive, 2019

Table  150: GCC Microcars Market Value (US$ Mn), by Drive, 2030

Table  151: South Africa Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  152: South Africa Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  153: South Africa Microcars Market Volume (Million Units), by Wheel, 2019

Table  154: South Africa Microcars Market Value (US$ Mn), by Wheel, 2030

Table  155: South Africa Microcars Market Volume (Million Units), by Drive, 2019

Table  156: South Africa Microcars Market Value (US$ Mn), by Drive, 2030

Table  157: Rest of Middle East & Africa Microcars Market Volume (Million Units), by Fuel Type, 2019

Table  158: Rest of Middle East & Africa Microcars Market Value (US$ Mn), by Fuel Type, 2030

Table  159: Rest of Middle East & Africa Microcars Market Volume (Million Units), by Wheel, 2019

Table  160: Rest of Middle East & Africa Microcars Market Value (US$ Mn), by Wheel, 2030

Table  161: Rest of Middle East & Africa Microcars Market Volume (Million Units), by Drive, 2019

Table  162: Rest of Middle East & Africa Microcars Market Value (US$ Mn), by Drive, 2030

List of Figures

Figure 1: Global Microcars Market Share, by Fuel Type, 2019

Figure 2: Global Microcars Market Share, by Fuel Type, 2030

Figure 3: Global Microcars Market Share, by Wheel, 2019

Figure 4: Global Microcars Market Share, by Wheel, 2030

Figure 5: Global Microcars Market Share, by Drive, 2019

Figure 6: Global Microcars Market Share, by Drive, 2030

Figure 7: Global Microcars Market Share, by Region, 2019

Figure 8: Global Microcars Market Share, by Region, 2030

Figure 9: Europe Microcars Market Share, by Fuel Type, 2019

Figure 10: Europe Microcars Market Share, by Fuel Type, 2030

Figure 11: Europe Microcars Market Share, by Wheel, 2019

Figure 12: Europe Microcars Market Share, by Wheel, 2030

Figure 13: Europe Microcars Market Share, by Drive, 2019

Figure 14: Europe Microcars Market Share, by Drive, 2030

Figure 15: Europe Microcars Market Share, by Country and Sub-region, 2019

Figure 16: Europe Microcars Market Share, by Country and Sub-region, 2030

Figure 17: North America Microcars Market Share, by Fuel Type, 2019

Figure 18: North America Microcars Market Share, by Fuel Type, 2030

Figure 19: North America Microcars Market Share, by Wheel, 2019

Figure 20: North America Microcars Market Share, by Wheel, 2030

Figure 21: North America Microcars Market Share, by Drive, 2019

Figure 22: North America Microcars Market Share, by Drive, 2030

Figure 23: North America Microcars Market Share, by Country, 2019

Figure 24: North America Microcars Market Share, by Country, 2030

Figure 25: Latin America Microcars Market Share, by Fuel Type, 2019

Figure 26: Latin America Microcars Market Share, by Fuel Type, 2030

Figure 27: Latin America Microcars Market Share, by Wheel, 2019

Figure 28: Latin America Microcars Market Share, by Wheel, 2030

Figure 29: Latin America Microcars Market Share, by Drive, 2019

Figure 30: Latin America Microcars Market Share, by Drive, 2030

Figure 31: Latin America Microcars Market Share, by Country and Sub-region, 2019

Figure 32: Latin America Microcars Market Share, by Country and Sub-region, 2030

Figure 33: Asia Pacific Microcars Market Share, by Fuel Type, 2019

Figure 34: Asia Pacific Microcars Market Share, by Fuel Type, 2030

Figure 35: Asia Pacific Microcars Market Share, by Wheel, 2019

Figure 36: Asia Pacific Microcars Market Share, by Wheel, 2030

Figure 37: Asia Pacific Microcars Market Share, by Drive, 2019

Figure 38: Asia Pacific Microcars Market Share, by Drive, 2030

Figure 39: Asia Pacific Microcars Market Share, by Country and Sub-region, 2030, 2019

Figure 40: Asia Pacific Microcars Market Share, by Country and Sub-region, 2030, 2030

Figure 41: Middle East & Africa, Microcars Market Share, by Fuel Type, 2019

Figure 42: Middle East & Africa, Microcars Market Share, by Fuel Type, 2030

Figure 43: Middle East & Africa, Microcars Market Share, by Wheel, 2019

Figure 44: Middle East & Africa, Microcars Market Share, by Wheel, 2030

Figure 45: Middle East & Africa, Microcars Market Share, by Drive, 2019

Figure 46: Middle East & Africa, Microcars Market Share, by Drive, 2030

Figure 47: Middle East & Africa, Microcars Market Share, by Country and Sub-region, 2030, 2019

Figure 48: Middle East & Africa, Microcars Market Share, by Country and Sub-region, 2030, 2030

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