Electric Sports Utility Vehicle Market Research Report – Global Forecast till 2027

Electric Sports Utility Vehicle (e-SUV) Market Research Report: Information by Drive Train (Front Wheel Drive, Rear Wheel Drive, All Wheel Drive), Seater Type (5-Seater, 7-Seater) and Region - Global Forecast till 2027

ID: MRFR/AM/6029-HCR | February, 2021 | Region : Global

Electric Sports Utility Vehicle Market Synopsis:


Global electric sports utility vehicle (e-SUV) market is estimated to witness a 10% CAGR during the forecast period.


Electric vehicles, since their inception, have revolutionized the global automotive sector. Growing prices of fossil fuels and the adverse effects of internal combustion engine (ICE) vehicles on the environment have increased the importance of electric vehicles globally. Sports utility vehicles (SUV), which are mainly used as family cars due to growing demand for comfortable and luxury rides. However, SUVs are generally fueled by diesel, which increases their emissions. Thus, electric SUVs were introduced in the market. E-SUVs do not comprome on the passengers’ comfort and do not harm the environment as well.


Stringent regulations regarding pollution emission have prompted some countries to banning of diesel vehicles. Due to this reason, the overall SUV market was expected to dip. However, with the advent of e-SUVs, the demand for SUVs, that run on eco-friendly fuel, has gone up. These vehicles are particularly popular in Europe and North America, where tight regulations and standards regarding maintenance of environmental balance, are in place.


The Prominent Players


The prominent players in the Global Electric Sports Utility Vehicle (E-SUV) Market include Toyota Motor Corporation (Japan), Tesla, Inc. (U.S.), BMW Group (Germany), Jaguar Land Rover (UK), Audi AG (Germany), Porsche AG (Germany), Volvo Car (Sweden), The Hyundai Motor Company (South Korea), Honda Motor Company, Ltd. (Japan), and Nissan Motor Co., Ltd. (Japan).


Electric Sports Utility Vehicle (e-SUV) Market Segmentation


Electric Sports Utility Vehicle (e-SUV) Market


The global electric sports utility vehicle (e-SUV) market is segmented on the basis of drive train, seater type and region. On the basis of drive train, the market is segmented into Front Wheel Drive (FWD), Rear Wheel Drive (RWD), and All Wheel Drive (AWD). By seater type, the market is segmented into 5-seater and 7-seater.


Geographically, the Global Electric Sports Utility Vehicle (e-SUV) Market has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to account for a significant share in the Global Electric Sports Utility Vehicle (e-SUV) Market. The U.S. dominated this region, followed by Canada. This region has witnessed growing demand for SUVs and recreational vehicles in the last few years. However, due to stringent environmental regulations, the demand for e-SUVs is also expected to go up in the next five years.


The Asia Pacific region is expected to grow at the highest CAGR in the Global Electric Sports Utility Vehicle (e-SUV) Market. This region is dominated by China, which is considered to be one of the fastest-growing countries in the global automotive sector. Technologically advanced countries such as Japan and South Korea have also played key roles in the growth of the market in this region. Besides, developing countries such as India, Taiwan and Malaysia provide a huge opportunity for further growth of this markets These are untapped markets, which is encouraging e-SUV OEMs to invest and establish themselves as strong players in the local market.


The report for Global Electric Sports Utility Vehicle (E-SUV) Market of Market Research Future covers extensive primary research. This is accompanied with detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

Table of Contents

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining power of buyers

3.1.3. Threat of substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train

5.1. Introduction

5.2. Front Wheel Drive

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast by Region, 2020-2027

5.3. Rear Wheel Drive

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast by Region, 2020-2027

5.4. All Wheel Drive

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast by Region, 2020-2027

5.4.3.

6. Global Electric Sports Utility Vehicle (E-SUV) Market, By Seater Type

6.1. Introduction

6.2. 5-Seater

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast by Region, 2020-2027

6.3. 7-Seater

6.3.1. Market Estimates & Forecast, 2020-2027

6.3.2. Market Estimates & Forecast by Region, 2020-2027

7. Global Electric Sports Utility Vehicle (E-SUV) Market, By Region

7.1. Introduction

7.2. North America

7.2.1. Market Estimates & Forecast, By Country, 2020-2027

7.2.2. Market Estimates & Forecast By Drive Train, 2020-2027

7.2.3. Market Estimates & Forecast by Seater Type, 2020-2027

7.2.4. US

7.2.4.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.2.4.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.2.5. Canada

7.2.5.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.2.5.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.3. Europe

7.3.1. Market Estimates & Forecast, By Country, 2020-2027

7.3.2. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.3. Market Estimates & Forecast by Seater Type, 2020-2027

7.3.4. UK

7.3.4.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.4.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.3.5. Germany

7.3.5.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.5.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.3.6. France

7.3.6.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.6.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.3.7. Italy

7.3.7.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.7.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.3.8. Rest of Europe

7.3.8.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.3.8.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.4. Asia-Pacific

7.4.1. Market Estimates & Forecast, By Country, 2020-2027

7.4.2. Market Estimates & Forecast By Drive Train, 2020-2027

7.4.3. Market Estimates & Forecast by Seater Type, 2020-2027

7.4.4. China

7.4.4.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.4.4.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.4.5. Japan

7.4.5.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.4.5.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.4.6. India

7.4.6.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.4.6.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.4.7. Rest of Asia-Pacific

7.4.7.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.4.7.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.5. Rest of the World

7.5.1. Market Estimates & Forecast, By Region, 2020-2027

7.5.2. Market Estimates & Forecast By Drive Train, 2020-2027

7.5.3. Market Estimates & Forecast by Seater Type, 2020-2027

7.5.4. Middle East & Africa

7.5.4.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.5.4.2. Market Estimates & Forecast by Seater Type, 2020-2027

7.5.5. South America

7.5.5.1. Market Estimates & Forecast By Drive Train, 2020-2027

7.5.5.2. Market Estimates & Forecast by Seater Type, 2020-2027

8. Competitive Landscape

9. Company Profile

9.1. Toyota Motor Corporation

9.1.1. Company Overview

9.1.2. Products/Services Offering

9.1.3. Financial Overview

9.1.4. Key Developments

9.1.5. Strategy

9.1.6. SWOT Analysis

9.2. Tesla, Inc.

9.2.1. Company Overview

9.2.2. Products/Services Offering

9.2.3. Financial Overview

9.2.4. Key Developments

9.2.5. Strategy

9.2.6. SWOT Analysis

9.3. BMW Group

9.3.1. Company Overview

9.3.2. Products/Services Offering

9.3.3. Financial Overview

9.3.4. Key Developments

9.3.5. Strategy

9.3.6. SWOT Analysis

9.4. Jaguar Land Rover

9.4.1. Company Overview

9.4.2. Products/Services Offering

9.4.3. Financial Overview

9.4.4. Key Developments

9.4.5. Strategy

9.4.6. SWOT Analysis

9.5. Audi AG

9.5.1. Company Overview

9.5.2. Products/Services Offering

9.5.3. Financial Overview

9.5.4. Key Developments

9.5.5. Strategy

9.5.6. SWOT Analysis

9.6. Porsche AG

9.6.1. Company Overview

9.6.2. Products/Services Offering

9.6.3. Financial Overview

9.6.4. Key Developments

9.6.5. Strategy

9.6.6. SWOT Analysis

9.7. Volvo Car

9.7.1. Company Overview

9.7.2. Products/Services Offering

9.7.3. Financial Overview

9.7.4. Key Developments

9.7.5. Strategy

9.7.6. SWOT Analysis

9.8. The Hyundai Motor Company

9.8.1. Company Overview

9.8.2. Products/Services Offering

9.8.3. Financial Overview

9.8.4. Key Developments

9.8.5. Strategy

9.8.6. SWOT Analysis

9.9. Nissan Motor Co., Ltd.

9.9.1. Company Overview

9.9.2. Products/Services Offering

9.9.3. Financial Overview

9.9.4. Key Developments

9.9.5. Strategy

9.9.6. SWOT Analysis

9.10. Honda Motor Company, Ltd.

9.10.1. Company Overview

9.10.2. Products/Services Offering

9.10.3. Financial Overview

9.10.4. Key Developments

9.10.5. Strategy

9.10.6. SWOT Analysis

9.10.7.

List of Tables

Table 1 Global Electric Sports Utility Vehicle (E-SUV) Market: By Region, 2020-2027

Table 2 North America: Electric Sports Utility Vehicle (E-SUV) Market: By Country, 2020-2027

Table 3 Europe: Electric Sports Utility Vehicle (E-SUV) Market: By Country, 2020-2027

Table 4 Asia-Pacific: Electric Sports Utility Vehicle (E-SUV) Market: By Country, 2020-2027

Table 5 RoW: Electric Sports Utility Vehicle (E-SUV) Market: By Region, 2020-2027

Table 6 Global Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, By Regions, 2020-2027

Table 7 North America: Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, By Country, 2020-2027

Table 8 Europe: Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, By Country, 2020-2027

Table 9 Asia-Pacific: Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, By Country, 2020-2027

Table 10 RoW: Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, By Country, 2020-2027

Table 11 Global Electric Sports Utility Vehicle (E-SUV) Market by Seater Type, By Regions, 2020-2027

Table 12 North America: Electric Sports Utility Vehicle (E-SUV) Market by Seater Type: By Country, 2020-2027

Table 13 Europe: Electric Sports Utility Vehicle (E-SUV) Market by Seater Type: By Country, 2020-2027

Table 14 Asia-Pacific: Electric Sports Utility Vehicle (E-SUV) Market by Seater Type: By Country, 2020-2027

Table 15 RoW: Electric Sports Utility Vehicle (E-SUV) Market by Seater Type: By Country, 2020-2027

Table 16 Global Electric Sports Utility Vehicle (E-SUV) Market: By Region, 2020-2027

Table 17 Global Electric Sports Utility Vehicle (E-SUV) Market: By Drive Train, 2020-2027

Table 18 Global Electric Sports Utility Vehicle (E-SUV) Market: By Seater Type, 2020-2027


List of Figures

FIGURE 1 Research Process of MRFR

FIGURE 2 Top-down & Bottom-up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Electric Sports Utility Vehicle (E-SUV) Market Share, By Drive Train, 2020 (%)

FIGURE 9 Global Electric Sports Utility Vehicle (E-SUV) Market, By Drive Train, 2020-2027 (USD MILLION)

FIGURE 10 Global Electric Sports Utility Vehicle (E-SUV) Market Share, By Seater Type, 2020 (%)

FIGURE 11 Global Electric Sports Utility Vehicle (E-SUV) Market, By Seater Type, 2020-2027 (USD MILLION)

FIGURE 12 Global Electric Sports Utility Vehicle (E-SUV) Market Share (%), BY Region, 2020

FIGURE 13 Global Electric Sports Utility Vehicle (E-SUV) Market, BY Region, 2020-2027 (USD MILLION)

FIGURE 14 North America: Electric Sports Utility Vehicle (E-SUV) Market Share (%), 2020

FIGURE 15 North America: Electric Sports Utility Vehicle (E-SUV) Market by Country, 2020-2027 (USD MILLION)

FIGURE 16 Europe: Electric Sports Utility Vehicle (E-SUV) Market Share (%), 2020

FIGURE 17 Europe: Electric Sports Utility Vehicle (E-SUV) Market BY Country, 2020-2027 (USD MILLION)

FIGURE 18 Asia-Pacific: Electric Sports Utility Vehicle (E-SUV) Market Share (%), 2020

FIGURE 19 Asia-Pacific: Electric Sports Utility Vehicle (E-SUV) Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Rest of the World Electric Sports Utility Vehicle (E-SUV) Market Share (%), 2020

FIGURE 21 Rest of the World Electric Sports Utility Vehicle (E-SUV) Market BY Region, 2020-2027 (USD MILLION)