Market Overview:
The global electric sports utility vehicle (E-SUV) market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in the electric sports utility vehicle market can be attributed to various factors such as the increasing demand for electric vehicles, rising concerns over environmental pollution, and government initiatives towards promoting the adoption of electric vehicles. The global E-SUV market is segmented on the basis of type into small and medium size, and large size. On the basis of application, it is segmented into family car, recreational vehicle (RV), and others. Geographically, it is segmented into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
 Industry Outlook.svg)
Product Definition:
An electric sports utility vehicle (E-SUV) is a variant of the standard SUV that is powered exclusively by an electric motor, as opposed to an internal combustion engine. E-SUVs are becoming increasingly popular, as they offer all of the benefits of traditional SUVs (such as increased cargo space and off-road capability), but without the environmental and financial drawbacks associated with gasoline engines.
Small and Medium Size:
Small and medium size vehicles segment is expected to grow at a significant rate owing to increasing demand for Electric Sports Utility Vehicle (E-SUV) in developed countries including U.S., Germany, Japan, and France among others. The market growth can be attributed to stringent government regulations on emission control coupled with growing environmental awareness among consumers across the world.
Large Size:
Large size vehicles are those with a gross vehicle weight of 8,500 lbs. (3.6 tons) or more and generally used for towing other vehicles or powering accessories like generators, water pumps, etc. The E-SUV market is expected to grow over the forecast period owing to increasing demand across commercial applications such as delivery & logistics and government initiatives towards environmental protection such as Corporate Average Fuel Economy (CAFE).
Application Insights:
The family car segment dominated the global electric sports utility vehicle (E-SUV) market, accounting for a revenue share of over 60.0% in 2017. The growth of this segment is attributed to the growing trend of having only one or two children in several countries including China, India and Brazil. Moreover, government initiatives promoting population control are also expected to contribute toward higher demand for E-SUVs in the coming years.
Recreational vehicle application is projected to witness significant growth over the forecast period owing to increasing interest among millennials towards outdoor activities such as camping and hiking which has resulted in increased sales of recreational vehicles across North America and Europe regions. Furthermore, with rising disposable income levels among millennials majorly living in Asia Pacific region who prefer spending their vacation at remote locations outside city hotels where E-RVs can serve as mobile homes; this trend is expected to drive overall demand for E-RVs during future vacations which will eventually propel product demand globally over next few years.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing demand for electric vehicles from U.S., which has been one of the leading manufacturers of sports utility vehicles (SUVs). Europe is also expected to witness considerable growth over the next eight years owing to rising environmental concerns and government regulations regarding carbon emissions, which are primarily caused by vehicle exhausts. Moreover, growing popularity of electric cars in countries such as Norway and Sweden will boost regional demand further.
Asia Pacific is anticipated to emerge as a lucrative market for global E-SUV manufacturers during 2018 - 2030 period due to increasing disposable income levels among consumers along with rapid urbanization trends witnessed in developing economies including China, India, Indonesia.
Growth Factors:
- Increasing demand for electric vehicles: The global electric vehicle market is expected to grow at a CAGR of more than 28% during the forecast period. This is mainly due to the increasing awareness about the benefits of electric vehicles over traditional gasoline-powered vehicles, such as lower emissions and fuel costs.
- Government initiatives and subsidies: Governments across the globe are promoting the adoption of electric vehicles through various initiatives and subsidies. For instance, in China, a subsidy of up to ,800 is offered for purchasing an electric vehicle. This is expected to drive growth in the E-SUV market during the forecast period.
- Development of charging infrastructure: The development of charging infrastructure is essential for widespread adoption of electric vehicles. Governments and private players are investing heavily in developing charging infrastructure across major cities worldwide. This will help reduce range anxiety among consumers and promote uptake of E-SUVs during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Sports Utility Vehicle (E-SUV) Market Research Report
By Type
Small and Medium Size, Large Size
By Application
Family Car, Recreational Vehicle, Others
By Companies
AUDI, BMW, Porsche, Tesla, Toyota Motor, Volvo Car, The Hyundai Motor Company, Honda Motor Company, Ltd., Nissan Motor Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Electric Sports Utility Vehicle (E-SUV) Market Report Segments:
The global Electric Sports Utility Vehicle (E-SUV) market is segmented on the basis of:
Types
Small and Medium Size, Large Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Family Car, Recreational Vehicle, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AUDI
- BMW
- Porsche
- Tesla
- Toyota Motor
- Volvo Car
- The Hyundai Motor Company
- Honda Motor Company, Ltd.
- Nissan Motor Co., Ltd.
 Market Overview.svg)
Highlights of The Electric Sports Utility Vehicle (E-SUV) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small and Medium Size
- Large Size
- By Application:
- Family Car
- Recreational Vehicle
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Sports Utility Vehicle (E-SUV) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electric sports utility vehicle (E-SUV) is a type of SUV that uses electricity as its primary source of propulsion. E-SUVs are typically larger and more powerful than traditional SUVs, and they can be equipped with a variety of features to make them more versatile and comfortable for driving.
Some of the major players in the electric sports utility vehicle (e-suv) market are AUDI, BMW, Porsche, Tesla, Toyota Motor, Volvo Car, The Hyundai Motor Company, Honda Motor Company, Ltd., Nissan Motor Co., Ltd..
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Sports Utility Vehicle (E-SUV) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Sports Utility Vehicle (E-SUV) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Sports Utility Vehicle (E-SUV) Market - Supply Chain
4.5. Global Electric Sports Utility Vehicle (E-SUV) Market Forecast
4.5.1. Electric Sports Utility Vehicle (E-SUV) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Sports Utility Vehicle (E-SUV) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Sports Utility Vehicle (E-SUV) Market Absolute $ Opportunity
5. Global Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
5.3.1. Small and Medium Size
5.3.2. Large Size
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
6.3.1. Family Car
6.3.2. Recreational Vehicle
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Sports Utility Vehicle (E-SUV) Demand Share Forecast, 2019-2026
9. North America Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
9.4.1. Family Car
9.4.2. Recreational Vehicle
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
9.7.1. Small and Medium Size
9.7.2. Large Size
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Sports Utility Vehicle (E-SUV) Demand Share Forecast, 2019-2026
10. Latin America Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
10.4.1. Family Car
10.4.2. Recreational Vehicle
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
10.7.1. Small and Medium Size
10.7.2. Large Size
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Sports Utility Vehicle (E-SUV) Demand Share Forecast, 2019-2026
11. Europe Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
11.4.1. Family Car
11.4.2. Recreational Vehicle
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
11.7.1. Small and Medium Size
11.7.2. Large Size
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Sports Utility Vehicle (E-SUV) Demand Share, 2019-2026
12. Asia Pacific Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
12.4.1. Family Car
12.4.2. Recreational Vehicle
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
12.7.1. Small and Medium Size
12.7.2. Large Size
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Sports Utility Vehicle (E-SUV) Demand Share, 2019-2026
13. Middle East & Africa Electric Sports Utility Vehicle (E-SUV) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Application
13.4.1. Family Car
13.4.2. Recreational Vehicle
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Sports Utility Vehicle (E-SUV) Market Size and Volume Forecast by Type
13.7.1. Small and Medium Size
13.7.2. Large Size
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Sports Utility Vehicle (E-SUV) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Sports Utility Vehicle (E-SUV) Market: Market Share Analysis
14.2. Electric Sports Utility Vehicle (E-SUV) Distributors and Customers
14.3. Electric Sports Utility Vehicle (E-SUV) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AUDI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BMW
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Porsche
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tesla
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Toyota Motor
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Volvo Car
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. The Hyundai Motor Company
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honda Motor Company, Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Nissan Motor Co., Ltd.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
