Market Research Future (MRFR) emphasizes that the global
electric sports utility vehicle market 2020 is slated to grow exponentially
over the review period, securing a substantial market valuation and a healthy
CAGR over the review period.
Drivers and Restraints
Automobiles operating on non-renewable fuel supplies emit
large quantities of carbon, which is a primary polluting agent. Governments are
also encouraging environmentally friendly vehicles which are supposed to curb
carbon emissions. Rising levels of stringency in terms of environmental
legislation and increasing knowledge among the masses about environmental
degradation are expected to play key roles in this market's growth over the
forecast period. In addition, competitive rewards by regulatory bodies such as
free parking and charging batteries, along with discounts, have had a major
effect on business growth. Monetary programs include incentives to purchase
alternative fuel cars, and exemptions for car owners from road tax exemptions.
This is expected to boost the market for electric sports utility vehicles (SUVs) over the
forecast era.
Increasing worldwide demand for SUVs due to the recent flock
of electric SUV models has also driven buyers to opt for SUVs over traditional
sedans and hatchbacks. Electric SUVs deliver numerous advantages such as low
emissions, ease of maintenance, versatile interior space, improved performance,
enhanced esthetic appearance, comfort and a higher ride position. This is
projected in the near future to raise the electric SUV market.
Competitive Analysis
The key market players operating in the global market as
acknowledged by MRFR are Honda Motor Company, Ltd. (Japan), Utility Vehicle
(E-SUV) Market include Tesla, Inc. (U.S.), Toyota Motor Corporation (Japan),
Jaguar Land Rover (UK), BMW Group (Germany), Porsche AG (Germany), Volvo Car
(Sweden), Audi AG (Germany), The Hyundai Motor Company (South Korea), and
Nissan Motor Co., Ltd. (Japan).
Electric Sports Utility Vehicle
(e-SUV) Market @ https://stockmarketfunda.com/2020/11/10/electric-sports-utility-vehicle-e-suv-market-analysis-2020-by-seater-type-front-wheel-drive-fwd-rear-wheel-drive-rwd-all-wheel-drive-awd-by-drive-train-5-seater-7-seater/
Segmental
Analysis
The global electric sports utility vehicle market is analyzed
on the basis of the drive train, and seater type.
By drive train,
·
Rear Wheel Drive (RWD)
·
Front Wheel Drive (FWD)
· All-Wheel Drive (AWD)
By seater type,
·
5-seater
· 7-seater
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Regional Analysis
The geographical overview of the global market has been analyzed in four major regions, including North America, the Asia Pacific, Europe, and the rest of the world. The area was dominated by the U.S. followed by Canada. In the last few years, this area has witnessed rising demand for SUVs and recreational vehicles. Nonetheless, demand for e-SUVs is also expected to increase over the next five years due to strict environmental regulations.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Electric sports utility vehicle Market
Segmentation
8. Electric sports utility vehicle Market
Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
More…
If you have any
requirements, let know and we will customize the report according to your need.
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