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Micro Electric Vehicle Market 2023-2027

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    Report

  • 167 Pages
  • February 2023
  • Region: Global
  • TechNavio
  • ID: 5510812
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The publisher has been monitoring the micro electric vehicle market and is forecast to grow by 1542.22 th units during 2022-2027, accelerating at a CAGR of 8.02% during the forecast period. Our report on the micro electric vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by a dedicated consortium for the development of micro electric vehicles: all-new designs and vehicle platforms drive demand, government subsidies to manufacturers of micro electric vehicles are encouraging micro EV designers, and technological advances in manufacturing.

The publisher's micro electric vehicle market is segmented as below:

By Type

  • Golf and micro cars
  • Quadricycle

By Application

  • Commercial
  • Personal
  • Public utilities

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the improved Li-ion batteries, lighter construction, and increasing automation for improved drivability and maneuverability as one of the prime reasons driving the micro electric vehicle market growth during the next few years. Also, increasing investments in R&D of EV charging infrastructure and leading automakers and urban mobility solution providers working on dev will lead to sizable demand in the market.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the micro electric vehicle market covers the following areas:
  • Micro electric vehicle market sizing
  • Micro electric vehicle market forecast
  • Micro electric vehicle market industry analysis
The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading micro electric vehicle market vendors that include Alta Zero Emissions Solutions Inc., AYRO Inc., Bayerische Motoren Werke AG, Bintelli Electric Vehicles, BYD Electronic Co. Ltd., Electrameccanica Vehicles Corp., Elio Motors Inc., G H Varley Pty Ltd., Hyundai Motor Co., Italcar Industrial Srl, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Microlino AG, PMV Electric Pvt. Ltd., Polaris Inc., Renault SAS, Shandong Baoya, Shifeng Group Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd. Also, the micro electric vehicle market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The publisher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

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 Geographical Landscape
  • Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
  • Exhibit 06: Executive Summary - Chart on Market Segmentation by Application
  • 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 (thousand units)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
  • 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 micro electric vehicle market 2017 - 2021
  • Exhibit 18: Historic Market Size - Data Table on Global micro electric vehicle market 2017 - 2021 (thousand units)
4.2 Type Segment Analysis 2017 - 2021
  • Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 (thousand units)
4.3 Application Segment Analysis 2017 - 2021
  • Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 (thousand units)
4.4 Geography Segment Analysis 2017 - 2021
  • Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (thousand units)
4.5 Country Segment Analysis 2017 - 2021
  • Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (thousand units)
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 Type
6.1 Market segments
  • Exhibit 30: Chart on Type - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
  • Exhibit 32: Chart on Comparison by Type
  • Exhibit 33: Data Table on Comparison by Type
6.3 Golf and micro cars - Market size and forecast 2022-2027
  • Exhibit 34: Chart on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 35: Data Table on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 36: Chart on Golf and micro cars - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Golf and micro cars - Year-over-year growth 2022-2027 (%)
6.4 Quadricycle - Market size and forecast 2022-2027
  • Exhibit 38: Chart on Quadricycle - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 39: Data Table on Quadricycle - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 40: Chart on Quadricycle - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Quadricycle - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
  • Exhibit 42: Market opportunity by Type (thousand units)
7 Market Segmentation by Application
7.1 Market segments
  • Exhibit 43: Chart on Application - Market share 2022-2027 (%)
  • Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
7.2 Comparison by Application
  • Exhibit 45: Chart on Comparison by Application
  • Exhibit 46: Data Table on Comparison by Application
7.3 Commercial - Market size and forecast 2022-2027
  • Exhibit 47: Chart on Commercial - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 48: Data Table on Commercial - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 49: Chart on Commercial - Year-over-year growth 2022-2027 (%)
  • Exhibit 50: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
7.4 Personal - Market size and forecast 2022-2027
  • Exhibit 51: Chart on Personal - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 52: Data Table on Personal - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 53: Chart on Personal - Year-over-year growth 2022-2027 (%)
  • Exhibit 54: Data Table on Personal - Year-over-year growth 2022-2027 (%)
7.5 Public utilities - Market size and forecast 2022-2027
  • Exhibit 55: Chart on Public utilities - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 56: Data Table on Public utilities - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 57: Chart on Public utilities - Year-over-year growth 2022-2027 (%)
  • Exhibit 58: Data Table on Public utilities - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Application
  • Exhibit 59: Market opportunity by Application (thousand units)
8 Customer Landscape
8.1 Customer landscape overview
  • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
  • Exhibit 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
  • Exhibit 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
  • Exhibit 63: Chart on Geographic comparison
  • Exhibit 64: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
  • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
  • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
  • Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
  • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
  • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
  • Exhibit 85: Chart on US - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
  • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
  • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
  • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 Canada - Market size and forecast 2022-2027
  • Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
  • Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
  • Exhibit 97: Chart on UK - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
  • Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
  • Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
  • Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
  • Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
  • Exhibit 105: Market opportunity By Geographical Landscape (thousand units)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
  • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
  • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
  • Exhibit 108: Overview on factors of disruption
11.4 Industry risks
  • Exhibit 109: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
  • Exhibit 110: Vendors covered
12.2 Market positioning of vendors
  • Exhibit 111: Matrix on vendor position and classification
12.3 AYRO Inc.
  • Exhibit 112: AYRO Inc. - Overview
  • Exhibit 113: AYRO Inc. - Product/Service
  • Exhibit 114: AYRO Inc. - Key offerings
12.4 Bayerische Motoren Werke AG
  • Exhibit 115: Bayerische Motoren Werke AG - Overview
  • Exhibit 116: Bayerische Motoren Werke AG - Business segments
  • Exhibit 117: Bayerische Motoren Werke AG - Key news
  • Exhibit 118: Bayerische Motoren Werke AG - Key offerings
  • Exhibit 119: Bayerische Motoren Werke AG - Segment focus
12.5 Bintelli Electric Vehicles
  • Exhibit 120: Bintelli Electric Vehicles - Overview
  • Exhibit 121: Bintelli Electric Vehicles - Product/Service
  • Exhibit 122: Bintelli Electric Vehicles - Key offerings
12.6 BYD Electronic Co. Ltd.
  • Exhibit 123: BYD Electronic Co. Ltd. - Overview
  • Exhibit 124: BYD Electronic Co. Ltd. - Business segments
  • Exhibit 125: BYD Electronic Co. Ltd. - Key news
  • Exhibit 126: BYD Electronic Co. Ltd. - Key offerings
  • Exhibit 127: BYD Electronic Co. Ltd. - Segment focus
12.7 Electrameccanica Vehicles Corp.
  • Exhibit 128: Electrameccanica Vehicles Corp. - Overview
  • Exhibit 129: Electrameccanica Vehicles Corp. - Business segments
  • Exhibit 130: Electrameccanica Vehicles Corp. - Key offerings
  • Exhibit 131: Electrameccanica Vehicles Corp. - Segment focus
12.8 Elio Motors Inc.
  • Exhibit 132: Elio Motors Inc. - Overview
  • Exhibit 133: Elio Motors Inc. - Product/Service
  • Exhibit 134: Elio Motors Inc. - Key offerings
12.9 Italcar Industrial Srl
  • Exhibit 135: Italcar Industrial Srl - Overview
  • Exhibit 136: Italcar Industrial Srl - Product/Service
  • Exhibit 137: Italcar Industrial Srl - Key offerings
12.10 Mercedes Benz Group AG
  • Exhibit 138: Mercedes Benz Group AG - Overview
  • Exhibit 139: Mercedes Benz Group AG - Product/Service
  • Exhibit 140: Mercedes Benz Group AG - Key offerings
12.11 Microlino AG
  • Exhibit 141: Microlino AG - Overview
  • Exhibit 142: Microlino AG - Product/Service
  • Exhibit 143: Microlino AG - Key offerings
12.12 PMV Electric Pvt. Ltd.
  • Exhibit 144: PMV Electric Pvt. Ltd. - Overview
  • Exhibit 145: PMV Electric Pvt. Ltd. - Product/Service
  • Exhibit 146: PMV Electric Pvt. Ltd. - Key offerings
12.13 Polaris Inc.
  • Exhibit 147: Polaris Inc. - Overview
  • Exhibit 148: Polaris Inc. - Business segments
  • Exhibit 149: Polaris Inc. - Key offerings
  • Exhibit 150: Polaris Inc. - Segment focus
12.14 Renault SAS
  • Exhibit 151: Renault SAS - Overview
  • Exhibit 152: Renault SAS - Product/Service
  • Exhibit 153: Renault SAS - Key news
  • Exhibit 154: Renault SAS - Key offerings
12.15 Shandong Baoya
  • Exhibit 155: Shandong Baoya - Overview
  • Exhibit 156: Shandong Baoya - Product/Service
  • Exhibit 157: Shandong Baoya - Key offerings
12.16 Textron Inc.
  • Exhibit 158: Textron Inc. - Overview
  • Exhibit 159: Textron Inc. - Business segments
  • Exhibit 160: Textron Inc. - Key news
  • Exhibit 161: Textron Inc. - Key offerings
  • Exhibit 162: Textron Inc. - Segment focus
12.17 Yamaha Motor Co. Ltd.
  • Exhibit 163: Yamaha Motor Co. Ltd. - Overview
  • Exhibit 164: Yamaha Motor Co. Ltd. - Business segments
  • Exhibit 165: Yamaha Motor Co. Ltd. - Key offerings
  • Exhibit 166: Yamaha Motor Co. Ltd. - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
  • Exhibit 167: Inclusions checklist
  • Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
  • Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
  • Exhibit 170: Research methodology
  • Exhibit 171: Validation techniques employed for market sizing
  • Exhibit 172: Information sources
13.5 List of abbreviations
  • Exhibit 173: List of abbreviations
Exhibit:
Exhibit 1: Executive Summary - Chart on Market Overview
Exhibit 2: Executive Summary - Data Table on Market Overview
Exhibit 3: Executive Summary - Chart on Global Market Characteristics
Exhibit 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 5: Executive Summary - Chart on Market Segmentation by Type
Exhibit 6: Executive Summary - Chart on Market Segmentation by Application
Exhibit 7: Executive Summary - Chart on Incremental Growth
Exhibit 8: Executive Summary - Data Table on Incremental Growth
Exhibit 9: Executive Summary - Chart on Vendor Market Positioning
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
Exhibit 12: Offerings of vendors included in the market definition
Exhibit 13: Market segments
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand units)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand units)
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 (%)
Exhibit 18: Historic Market Size - Data Table on Global micro electric vehicle market 2017 - 2021 (thousand units)
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 (thousand units)
Exhibit 20: Historic Market Size - Application Segment 2017 - 2021 (thousand units)
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 (thousand units)
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 (thousand units)
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
Exhibit 34: Chart on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
Exhibit 35: Data Table on Golf and micro cars - Market size and forecast 2022-2027 (thousand units)
Exhibit 36: Chart on Golf and micro cars - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Golf and micro cars - Year-over-year growth 2022-2027 (%)
Exhibit 38: Chart on Quadricycle - Market size and forecast 2022-2027 (thousand units)
Exhibit 39: Data Table on Quadricycle - Market size and forecast 2022-2027 (thousand units)
Exhibit 40: Chart on Quadricycle - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Quadricycle - Year-over-year growth 2022-2027 (%)
Exhibit 42: Market opportunity by Type (thousand units)
Exhibit 43: Chart on Application - Market share 2022-2027 (%)
Exhibit 44: Data Table on Application - Market share 2022-2027 (%)
Exhibit 45: Chart on Comparison by Application
Exhibit 46: Data Table on Comparison by Application
Exhibit 47: Chart on Commercial - Market size and forecast 2022-2027 (thousand units)
Exhibit 48: Data Table on Commercial - Market size and forecast 2022-2027 (thousand units)
Exhibit 49: Chart on Commercial - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
Exhibit 51: Chart on Personal - Market size and forecast 2022-2027 (thousand units)
Exhibit 52: Data Table on Personal - Market size and forecast 2022-2027 (thousand units)
Exhibit 53: Chart on Personal - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Personal - Year-over-year growth 2022-2027 (%)
Exhibit 55: Chart on Public utilities - Market size and forecast 2022-2027 (thousand units)
Exhibit 56: Data Table on Public utilities - Market size and forecast 2022-2027 (thousand units)
Exhibit 57: Chart on Public utilities - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Public utilities - Year-over-year growth 2022-2027 (%)
Exhibit 59: Market opportunity by Application (thousand units)
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibit 61: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 62: Data Table on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
Exhibit 65: Chart on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 (thousand units)
Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 (thousand units)
Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 (thousand units)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 77: Chart on South America - Market size and forecast 2022-2027 (thousand units)
Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 (thousand units)
Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand units)
Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 85: Chart on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 (thousand units)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 (thousand units)
Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 (thousand units)
Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 93: Chart on Canada - Market size and forecast 2022-2027 (thousand units)
Exhibit 94: Data Table on Canada - Market size and forecast 2022-2027 (thousand units)
Exhibit 95: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 97: Chart on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 98: Data Table on UK - Market size and forecast 2022-2027 (thousand units)
Exhibit 99: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on UK - Year-over-year growth 2022-2027 (%)
Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 (thousand units)
Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 105: Market opportunity By Geographical Landscape (thousand units)
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
Exhibit 108: Overview on factors of disruption
Exhibit 109: Impact of key risks on business
Exhibit 110: Vendors covered
Exhibit 111: Matrix on vendor position and classification
Exhibit 112: AYRO Inc. - Overview
Exhibit 113: AYRO Inc. - Product/Service
Exhibit 114: AYRO Inc. - Key offerings
Exhibit 115: Bayerische Motoren Werke AG - Overview
Exhibit 116: Bayerische Motoren Werke AG - Business segments
Exhibit 117: Bayerische Motoren Werke AG - Key news
Exhibit 118: Bayerische Motoren Werke AG - Key offerings
Exhibit 119: Bayerische Motoren Werke AG - Segment focus
Exhibit 120: Bintelli Electric Vehicles - Overview
Exhibit 121: Bintelli Electric Vehicles - Product/Service
Exhibit 122: Bintelli Electric Vehicles - Key offerings
Exhibit 123: BYD Electronic Co. Ltd. - Overview
Exhibit 124: BYD Electronic Co. Ltd. - Business segments
Exhibit 125: BYD Electronic Co. Ltd. - Key news
Exhibit 126: BYD Electronic Co. Ltd. - Key offerings
Exhibit 127: BYD Electronic Co. Ltd. - Segment focus
Exhibit 128: Electrameccanica Vehicles Corp. - Overview
Exhibit 129: Electrameccanica Vehicles Corp. - Business segments
Exhibit 130: Electrameccanica Vehicles Corp. - Key offerings
Exhibit 131: Electrameccanica Vehicles Corp. - Segment focus
Exhibit 132: Elio Motors Inc. - Overview
Exhibit 133: Elio Motors Inc. - Product/Service
Exhibit 134: Elio Motors Inc. - Key offerings
Exhibit 135: Italcar Industrial Srl - Overview
Exhibit 136: Italcar Industrial Srl - Product/Service
Exhibit 137: Italcar Industrial Srl - Key offerings
Exhibit 138: Mercedes Benz Group AG - Overview
Exhibit 139: Mercedes Benz Group AG - Product/Service
Exhibit 140: Mercedes Benz Group AG - Key offerings
Exhibit 141: Microlino AG - Overview
Exhibit 142: Microlino AG - Product/Service
Exhibit 143: Microlino AG - Key offerings
Exhibit 144: PMV Electric Pvt. Ltd. - Overview
Exhibit 145: PMV Electric Pvt. Ltd. - Product/Service
Exhibit 146: PMV Electric Pvt. Ltd. - Key offerings
Exhibit 147: Polaris Inc. - Overview
Exhibit 148: Polaris Inc. - Business segments
Exhibit 149: Polaris Inc. - Key offerings
Exhibit 150: Polaris Inc. - Segment focus
Exhibit 151: Renault SAS - Overview
Exhibit 152: Renault SAS - Product/Service
Exhibit 153: Renault SAS - Key news
Exhibit 154: Renault SAS - Key offerings
Exhibit 155: Shandong Baoya - Overview
Exhibit 156: Shandong Baoya - Product/Service
Exhibit 157: Shandong Baoya - Key offerings
Exhibit 158: Textron Inc. - Overview
Exhibit 159: Textron Inc. - Business segments
Exhibit 160: Textron Inc. - Key news
Exhibit 161: Textron Inc. - Key offerings
Exhibit 162: Textron Inc. - Segment focus
Exhibit 163: Yamaha Motor Co. Ltd. - Overview
Exhibit 164: Yamaha Motor Co. Ltd. - Business segments
Exhibit 165: Yamaha Motor Co. Ltd. - Key offerings
Exhibit 166: Yamaha Motor Co. Ltd. - Segment focus
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
Exhibit 169: Currency conversion rates for US$
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
Exhibit 173: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global micro electric vehicle market: Alta Zero Emissions Solutions Inc., AYRO Inc., Bayerische Motoren Werke AG, Bintelli Electric Vehicles, BYD Electronic Co. Ltd., Electrameccanica Vehicles Corp., Elio Motors Inc., G H Varley Pty Ltd., Hyundai Motor Co., Italcar Industrial Srl, Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Microlino AG, PMV Electric Pvt. Ltd., Polaris Inc., Renault SAS, Shandong Baoya, Shifeng Group Co. Ltd., Textron Inc., and Yamaha Motor Co. Ltd.

Commenting on the report, an analyst from the researcher said: 'The latest trend gaining momentum in the market is improved li-ion batteries, lighter construction, and increasing automation for improved drivability and maneuverability.'

According to the report, one of the major drivers for this market is the dedicated consortium for the development of micro electric vehicles: all-new designs and vehicle platforms drive demand.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Alta Zero Emissions Solutions Inc.
  • AYRO Inc.
  • Bayerische Motoren Werke AG
  • Bintelli Electric Vehicles
  • BYD Electronic Co. Ltd.
  • Electrameccanica Vehicles Corp.
  • Elio Motors Inc.
  • G H Varley Pty Ltd.
  • Hyundai Motor Co.
  • Italcar Industrial Srl
  • Mahindra and Mahindra Ltd.
  • Mercedes Benz Group AG
  • Microlino AG
  • PMV Electric Pvt. Ltd.
  • Polaris Inc.
  • Renault SAS
  • Shandong Baoya
  • Shifeng Group Co. Ltd.
  • Textron Inc.
  • Yamaha Motor Co. Ltd.