Market Overview:
The global mini BEV market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The mini BEV market is segmented on the basis of type, application and region. On the basis of type, the mini BEVs are classified into three wheelers and four wheelers. The three wheelers are further sub-segmented into two categories: passenger vehicles and commercial vehicles. The four wheelers are further sub-segmented into passenger cars and utility vehicles. On the basis of application, the mini BEVs are used for personal usage as well as commercial usage.
Product Definition:
A Mini BEV is a battery electric vehicle that is smaller in size than a traditional passenger car. These vehicles are typically used for short-distance trips and have a limited range. The importance of Mini BEVs lies in their potential to reduce emissions and improve air quality in urban areas.
Three Wheels:
Three wheels, also known as tricycle, is a form of electric vehicle (EV) with an additional wheel in the rear part. The extra wheel helps in better stability and handling of the vehicle. It also provides increased traction while driving.
The three-wheeler EV can be operated with two persons riding or pedaling simultaneously.
Four Wheels:
The four wheels and it's usage in the mini BEV market is a vehicle configuration that has four driven wheels with one or more drive motors connected to those wheels. The configuration is commonly used for cars, trucks, motorcycles, all-terrain vehicles (ATVs), and bicycles.
Application Insights:
The commercial usage segment dominated the global mini BEV market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth in the coming years owing to increasing number of e-commerce platforms and rising disposable income among consumers, especially in emerging economies including China, India and Brazil. Moreover, several governments are taking initiatives to promote electric vehicles through various subsidies and tax rebates which will further propel their demand over the forecast period.
Personal usage accounted for a smaller share as compared with commercial usage but is also anticipated to grow at a considerable rate during the forecast period due largely to increased availability of financial assistance from both public and private institutions such as Department of Energy (DOE) along with other non-governmental organizations (NGOs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 60% in terms of volume owing to increasing demand from China, India, Japan, South Korea and Taiwan. BEVs are being adopted by key companies such as Tesla Motors Inc., BMW AG, Volkswagen Group and Nissan Motor Corporation because these vehicles offer better fuel economy as compared to other conventional modes of transportation such as ICEs or LPG cylinders. Moreover, incentives provided on account of carbon emission reduction are also driving regional growth.
Growth Factors:
- Increasing demand for fuel-efficient and environment-friendly vehicles
- Rising disposable income of the middle class population in developing countries
- Proliferation of electric vehicle charging infrastructure
- Government initiatives and subsidies for electric vehicles
- Growing awareness about the benefits of mini BEVs
Scope Of The Report
Report Attributes
Report Details
Report Title
Mini BEV Market Research Report
By Type
Three Wheels, Four Wheels
By Application
Commercial Usage, Personal Usage
By Companies
BMW, Polaris, SAIC, CCAG, Dongfeng, BAIC, JAC, Chery, Geely
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Mini BEV Market Report Segments:
The global Mini BEV market is segmented on the basis of:
Types
Three Wheels, Four Wheels
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
Commercial Usage, Personal Usage
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:
- BMW
- Polaris
- SAIC
- CCAG
- Dongfeng
- BAIC
- JAC
- Chery
- Geely
Highlights of The Mini BEV 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:
- Three Wheels
- Four Wheels
- By Application:
- Commercial Usage
- Personal Usage
- 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 Mini BEV 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
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?
Mini BEV is a small, fuel-efficient electric car that uses lithium ion batteries.
Some of the major players in the mini bev market are BMW, Polaris, SAIC, CCAG, Dongfeng, BAIC, JAC, Chery, Geely.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Mini BEV 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. Mini BEV Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Mini BEV Market - Supply Chain
4.5. Global Mini BEV Market Forecast
4.5.1. Mini BEV Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Mini BEV Market Size (000 Units) and Y-o-Y Growth
4.5.3. Mini BEV Market Absolute $ Opportunity
5. Global Mini BEV 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. Mini BEV Market Size and Volume Forecast by Type
5.3.1. Three Wheels
5.3.2. Four Wheels
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Mini BEV 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. Mini BEV Market Size and Volume Forecast by Application
6.3.1. Commercial Usage
6.3.2. Personal Usage
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Mini BEV 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. Mini BEV 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 Mini BEV 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. Mini BEV 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 Mini BEV Demand Share Forecast, 2019-2026
9. North America Mini BEV 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 Mini BEV 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 Mini BEV Market Size and Volume Forecast by Application
9.4.1. Commercial Usage
9.4.2. Personal Usage
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Mini BEV Market Size and Volume Forecast by Type
9.7.1. Three Wheels
9.7.2. Four Wheels
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 Mini BEV Demand Share Forecast, 2019-2026
10. Latin America Mini BEV 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 Mini BEV 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 Mini BEV Market Size and Volume Forecast by Application
10.4.1. Commercial Usage
10.4.2. Personal Usage
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Mini BEV Market Size and Volume Forecast by Type
10.7.1. Three Wheels
10.7.2. Four Wheels
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 Mini BEV Demand Share Forecast, 2019-2026
11. Europe Mini BEV 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 Mini BEV 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 Mini BEV Market Size and Volume Forecast by Application
11.4.1. Commercial Usage
11.4.2. Personal Usage
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Mini BEV Market Size and Volume Forecast by Type
11.7.1. Three Wheels
11.7.2. Four Wheels
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 Mini BEV Demand Share, 2019-2026
12. Asia Pacific Mini BEV 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 Mini BEV 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 Mini BEV Market Size and Volume Forecast by Application
12.4.1. Commercial Usage
12.4.2. Personal Usage
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Mini BEV Market Size and Volume Forecast by Type
12.7.1. Three Wheels
12.7.2. Four Wheels
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 Mini BEV Demand Share, 2019-2026
13. Middle East & Africa Mini BEV 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 Mini BEV 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 Mini BEV Market Size and Volume Forecast by Application
13.4.1. Commercial Usage
13.4.2. Personal Usage
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Mini BEV Market Size and Volume Forecast by Type
13.7.1. Three Wheels
13.7.2. Four Wheels
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 Mini BEV Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Mini BEV Market: Market Share Analysis
14.2. Mini BEV Distributors and Customers
14.3. Mini BEV Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. BMW
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Polaris
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SAIC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CCAG
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dongfeng
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BAIC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. JAC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Chery
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Geely
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
