Electric Sports Utility Vehicle (e-SUV) Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Norway, Germany - Size and Forecast 2023-2027

Published: Oct 2023 Pages: 160 SKU: IRTNTR75660

Electric Sports Utility Vehicle (e-SUV) Market Forecast 2023-2027

The electric sports utility vehicle (e-SUV) market size is forecast to increase by USD 83.748 billion. The market is estimated to grow at a CAGR of 25.19% between 2022 and 2027. The expansion of the e-SUV market depends on various factors, notably the escalating demand and sales of Battery Electric Vehicles (BEVs) across the global automotive landscape. Additionally, the decreasing costs of lithium-ion batteries contribute significantly to this growth trajectory. The proliferation of government regulations, along with incentives and subsidies aimed at promoting Electric Vehicles (EVs), play a pivotal role in fostering market expansion. These combined dynamics underscore a promising outlook for the e-SUV sector, driving its upward trajectory in the foreseeable future. This market analysis and report also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Electric Sports Utility Vehicle (e-SUV) Market During the Forecast Period?

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Market Segmentation

The market share growth by the battery electric vehicle segment will be significant during the forecast period. The demand for BEVs in the (e-SUV) market is growing due to their environmental advantages, lower costs, and technological advancements that have led to better range, performance, and safety. The new product launches increasing the popularity of zero-emission vehicles, decreasing battery prices, and government initiatives worldwide will drive the growth of the BEV segment of the global electric sports utility vehicle (e-SUV) market during the forecast period.

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The battery electric vehicle segment was valued at USD 8.26 billion in 2017 and continued to grow by 2021The BEV segment in the global e-SUV market has been growing rapidly in recent years. There has been an increased demand for e-SUVs due to their eco-friendliness, efficiency, and lower operating costs compared with traditional gasoline-powered SUVs. Governments across the world have also been encouraging the adoption of BEVs by offering incentives such as tax breaks, rebate programs, and infrastructure development. Also, the technological advancements in BEVs have significantly improved their range, safety, and performance, leading to higher customer acceptance. The above factors will increase the segment growth in the market during the forecast period.

Key Regions

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APAC is estimated to contribute 33% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Various government initiatives to go green, increasing stringent carbon emission norms, and incentive schemes formulated for the adoption of e-SUV in polluted Chinese and Indian cities are contributing to market growth. The rising number of EV charging stations and growing participation by foreign as well as local OEMs to make EV technology more efficient and effective are also propelling market growth in the country.  Moreover, people's discretionary income has grown in the last five years as the economic conditions of nations such as China and Japan have improved. As a result, automobile sales in these nations have soared. China is a significant vehicle market, with large volume sales of passenger cars and EVs. Therefore, the increasing demand for EVs will drive the growth of the (e-SUV) market in APAC during the forecast period.

Market Dynamics and Customer Landscape

In the Global Electric Sports Utility Vehicle (e-SUV) Market, electric SUVs are emerging as leading contenders against traditional internal combustion fuel engine vehicles, including hybrid SUVs, offering all-wheel drive (AWD) and four-wheel drive (4WD) capabilities for traversing both rough terrain surfaces and public roads. With their zero-emission profile and quiet operation, e-SUVs are revolutionizing the automotive industry, providing efficient and sustainable mobility solutions powered by advanced batteries and electric motors, thereby challenging the dominance of ICE vehicles. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

The surge in demand and sales of e-SUVs globally serves as the primary driver for the expansion of the electric SUV market. Notably, the sales of battery electric vehicles (BEVs) witnessed remarkable growth in 2021, particularly in key markets such as China and the US, alongside select European nations. Over the past five years, BEV sales have experienced substantial traction worldwide. China emerged as the dominant market for BEV sales in terms of units delivered, with Europe and the US closely following suit.

The proliferation of hybrid SUVs equipped with internal combustion fuel engines has also contributed to this growth, catering to diverse consumer preferences for all-wheel drive (AWD) and four-wheel drive (4WD) capabilities on both rough terrain surfaces and public roads. Moreover, the emphasis on zero-emission vehicles and quiet operation has accelerated the transition away from traditional ICE vehicles towards battery-powered alternatives, leveraging advancements in batteries and motors. This shift aligns with the broader automotive industry's focus on fuel-efficient mobility solutions to address environmental concerns and regulatory mandates.

Significant Market Trends

The emergence of wireless charging systems for EVs is the primary trend in the global market. The charging infrastructure for electric cars is extremely important for the sustainability of fully electric cars. Consequently, significant investments are being made in the development and improvement of electric vehicle charging infrastructure. With the growing emphasis on sustainable transportation, the greater autonomy of electric cars is gaining widespread popularity. Higher adoption of these vehicles will increase the demand for wireless charging systems during the forecast period as they mostly require on-the-go charging to maintain range.

In addition, the connected technology in all-electric cars allows communication among the vehicles to swap charging pads as needed and share a common pad based on the time slot. For instance, Google is engaged in the trial of a wireless charging systems technology in its self-driving cars. The trend of charging EVs using wireless charging systems is expected to be applied commercially by the end of the forecast period, which will boost the growth of the market in focus.

Major Market Challenge

The high cost of ownership is a major challenge to the growth of the global market. In developed automotive markets, improved socio-economic conditions, developed EV infrastructure, higher localization of manufacturing, and government incentives/subsidies make e-SUVs significantly affordable. In addition, the cost differential between e-SUVs and their ICE counterparts remains minimal owing to such factors. However, this does not hold true for emerging automotive markets. For the consumers in the EV industry, the cost of ownership of e-SUVs is higher compared with the ICE options available in the market.  In addition, the cost of designing and manufacturing BEVs depends on their intended range, hours of use, fuel cost, and government subsidies. One of the best-selling economical e-SUVs is Tesla Model 3, which costs about USD 40,000.

Similarly, the price of the Chevrolet Volt starts at about USD 36,000 in the US. Moreover, the after-sales services, such as maintenance of EV components, are expensive due to the immature local market and the non-availability of EV service parts. The servicing facilities for EVs are fewer in number compared with the well-established centers for conventional ICE vehicles. Replacing or servicing the damaged (ECU) in terms of pricing is a costly affair. In addition, some replacements will depend on the availability of parts and can slow down the service activity. These factors are likely to negatively impact the growth of the global e-SUV market during the forecast period.

Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Electric Sports Utility Vehicle (e-SUV) Market Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ford Motor Co.: The company offers e-SUVs such as the Ford Mustang Mach-E.

The market growth and trends report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:

  • AEHRA
  • Bayerische Motoren Werke AG
  • BYD Co. Ltd.
  • Dr. Ing. h.c. F. Porsche AG
  • General Motors Co.
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  • Kia Motors Corp.
  • Mahindra and Mahindra Ltd.
  • Maruti Suzuki India Ltd.
  • Mercedes Benz Group AG
  • Nissan Motor Co. Ltd.
  • Pravaig Dynamics Pvt Ltd.
  • Renault SAS
  • Tata Motors Ltd.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Market Analyst Overview

The e-SUV Market is witnessing rapid growth as consumers embrace electric SUVs as alternatives to traditional internal combustion fuel engine vehicles. With a focus on sustainability and efficiency, hybrid electric vehicles with all-wheel drive (AWD) or four-wheel drive (4WD) capabilities cater to diverse needs, offering smooth rides on both rough terrain surfaces and public roads while ensuring zero-emission and quiet operation. The shift towards electrification is driven by advancements in batteries and motors, providing fuel-efficient mobility solutions and reshaping the automotive industry landscape. With a focus on sustainability, the e-SUV market continues to evolve, driven by innovations in electric vehicle architecture and the adoption of advanced battery technologies like lithium-iron-phosphate (LFP) and lithium-ion batteries, transforming the future of transportation.

Automobile assembly plants worldwide are ramping up their production to meet the growing demand for electric car models, particularly those equipped with efficient powertrains, infotainment systems, and safety features. Global supply chains play a crucial role in sourcing components necessary for the manufacturing of electric vehicles, ensuring smooth operations and timely delivery. Additionally, government incentive schemes like the FAME II scheme encourage the adoption of electric vehicles by offering subsidies and benefits to consumers. 

Segment Overview

This market research and growth report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Propulsion Outlook 
    • Battery electric vehicle
    • Hybrid vehicle
  • Type Outlook 
    • Small and medium size
    • Large size
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Electric Sports Utility Vehicle (e-SUV) Market Scope

Report Coverage

Details

Page number

160

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 25.19%

Market growth 2023-2027

USD 83.74 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

23.71

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key countries

US, China, Japan, Norway, and Germany

Competitive landscape

Leading companies, Market Positioning of companies, Competitive Strategies, and Industry Risks

Key companies profiled

AEHRA, Bayerische Motoren Werke AG, BYD Co. Ltd., Dr. Ing. h.c. F. Porsche AG, Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Kia Motors Corp., Mahindra and Mahindra Ltd., Maruti Suzuki India Ltd., Mercedes Benz Group AG, Nissan Motor Co. Ltd., Pravaig Dynamics Pvt Ltd., Renault SAS, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., Volkswagen AG, and Volvo Car Corp.

Market dynamics

Market trends and analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2023 and 2027
  • Precise estimation of the market  size and its contribution of the market in focus to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Market Growth Analysis across APAC, North America, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about companies
  • Market forecasting of factors that will challenge the growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Propulsion
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global electric sports utility vehicle (e-SUV) market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global electric sports utility vehicle (e-suv) market 2017 - 2021 ($ million)
    • 4.2 Propulsion Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Propulsion Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Propulsion

    • 6.1 Market segments
      • Exhibit 30: Chart on Propulsion - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Propulsion - Market share 2022-2027 (%)
    • 6.2 Comparison by Propulsion
      • Exhibit 32: Chart on Comparison by Propulsion
      • Exhibit 33: Data Table on Comparison by Propulsion
    • 6.3 Battery electric vehicle - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Battery electric vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Battery electric vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Battery electric vehicle - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Battery electric vehicle - Year-over-year growth 2022-2027 (%)
    • 6.4 Hybrid vehicle - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Hybrid vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Hybrid vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Hybrid vehicle - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Hybrid vehicle - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Propulsion
      • Exhibit 42: Market opportunity by Propulsion ($ million)
      • Exhibit 43: Data Table on Market opportunity by Propulsion ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Small and medium size - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Small and medium size - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Small and medium size - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Small and medium size - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Small and medium size - Year-over-year growth 2022-2027 (%)
    • 7.4 Large size - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Large size - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Large size - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Large size - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Large size - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ million)
      • Exhibit 57: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 63: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 67: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 83: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Norway - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Norway - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Norway - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 Japan - Market size and forecast 2022-2027
      • Exhibit 99: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Bayerische Motoren Werke AG
              • Exhibit 111: Bayerische Motoren Werke AG - Overview
              • Exhibit 112: Bayerische Motoren Werke AG - Business segments
              • Exhibit 113: Bayerische Motoren Werke AG - Key news
              • Exhibit 114: Bayerische Motoren Werke AG - Key offerings
              • Exhibit 115: Bayerische Motoren Werke AG - Segment focus
            • 12.4 BYD Co. Ltd.
              • Exhibit 116: BYD Co. Ltd. - Overview
              • Exhibit 117: BYD Co. Ltd. - Business segments
              • Exhibit 118: BYD Co. Ltd. - Key news
              • Exhibit 119: BYD Co. Ltd. - Key offerings
              • Exhibit 120: BYD Co. Ltd. - Segment focus
            • 12.5 Dr. Ing. h.c. F. Porsche AG
              • Exhibit 121: Dr. Ing. h.c. F. Porsche AG - Overview
              • Exhibit 122: Dr. Ing. h.c. F. Porsche AG - Product / Service
              • Exhibit 123: Dr. Ing. h.c. F. Porsche AG - Key offerings
            • 12.6 Ford Motor Co.
              • Exhibit 124: Ford Motor Co. - Overview
              • Exhibit 125: Ford Motor Co. - Business segments
              • Exhibit 126: Ford Motor Co. - Key news
              • Exhibit 127: Ford Motor Co. - Key offerings
              • Exhibit 128: Ford Motor Co. - Segment focus
            • 12.7 Honda Motor Co. Ltd.
              • Exhibit 129: Honda Motor Co. Ltd. - Overview
              • Exhibit 130: Honda Motor Co. Ltd. - Business segments
              • Exhibit 131: Honda Motor Co. Ltd. - Key news
              • Exhibit 132: Honda Motor Co. Ltd. - Key offerings
              • Exhibit 133: Honda Motor Co. Ltd. - Segment focus
            • 12.8 Hyundai Motor Co.
              • Exhibit 134: Hyundai Motor Co. - Overview
              • Exhibit 135: Hyundai Motor Co. - Business segments
              • Exhibit 136: Hyundai Motor Co. - Key news
              • Exhibit 137: Hyundai Motor Co. - Key offerings
              • Exhibit 138: Hyundai Motor Co. - Segment focus
            • 12.9 Kia Motors Corp.
              • Exhibit 139: Kia Motors Corp. - Overview
              • Exhibit 140: Kia Motors Corp. - Business segments
              • Exhibit 141: Kia Motors Corp. - Key offerings
              • Exhibit 142: Kia Motors Corp. - Segment focus
            • 12.10 Mercedes Benz Group AG
              • Exhibit 143: Mercedes Benz Group AG - Overview
              • Exhibit 144: Mercedes Benz Group AG - Business segments
              • Exhibit 145: Mercedes Benz Group AG - Key offerings
              • Exhibit 146: Mercedes Benz Group AG - Segment focus
            • 12.11 Nissan Motor Co. Ltd.
              • Exhibit 147: Nissan Motor Co. Ltd. - Overview
              • Exhibit 148: Nissan Motor Co. Ltd. - Business segments
              • Exhibit 149: Nissan Motor Co. Ltd. - Key news
              • Exhibit 150: Nissan Motor Co. Ltd. - Key offerings
              • Exhibit 151: Nissan Motor Co. Ltd. - Segment focus
            • 12.12 Renault SAS
              • Exhibit 152: Renault SAS - Overview
              • Exhibit 153: Renault SAS - Product / Service
              • Exhibit 154: Renault SAS - Key offerings
            • 12.13 Tata Motors Ltd.
              • Exhibit 155: Tata Motors Ltd. - Overview
              • Exhibit 156: Tata Motors Ltd. - Business segments
              • Exhibit 157: Tata Motors Ltd. - Key news
              • Exhibit 158: Tata Motors Ltd. - Key offerings
              • Exhibit 159: Tata Motors Ltd. - Segment focus
            • 12.14 Tesla Inc.
              • Exhibit 160: Tesla Inc. - Overview
              • Exhibit 161: Tesla Inc. - Business segments
              • Exhibit 162: Tesla Inc. - Key news
              • Exhibit 163: Tesla Inc. - Key offerings
              • Exhibit 164: Tesla Inc. - Segment focus
            • 12.15 Toyota Motor Corp.
              • Exhibit 165: Toyota Motor Corp. - Overview
              • Exhibit 166: Toyota Motor Corp. - Business segments
              • Exhibit 167: Toyota Motor Corp. - Key offerings
              • Exhibit 168: Toyota Motor Corp. - Segment focus
            • 12.16 Volkswagen AG
              • Exhibit 169: Volkswagen AG - Overview
              • Exhibit 170: Volkswagen AG - Business segments
              • Exhibit 171: Volkswagen AG - Key offerings
              • Exhibit 172: Volkswagen AG - Segment focus
            • 12.17 Volvo Car Corp.
              • Exhibit 173: Volvo Car Corp. - Overview
              • Exhibit 174: Volvo Car Corp. - Product / Service
              • Exhibit 175: Volvo Car Corp. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 176: Inclusions checklist
                • Exhibit 177: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 178: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 179: Research methodology
                • Exhibit 180: Validation techniques employed for market sizing
                • Exhibit 181: Information sources
              • 13.5 List of abbreviations
                • Exhibit 182: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              electric sports utility vehicle (e-suv) market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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