Micro-Compact Cars Industry Research Report and Growth Trends 2018-2025
In terms of consumption side, this report focuses on the consumption of Micro-Compact Cars by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
City of Industry, CA -- (SBWire) -- 08/09/2018 --This study focuses on the production side and consumption side of Micro-Compact Cars, presents the global Micro-Compact Cars market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. In terms of production side, this report researches the Micro-Compact Cars capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
A microcar is the smallest automobile classification, usually applied to very small cars (smaller than city cars). Such small cars were generally referred to as cyclecars until the 1940s. More recent models are also called bubble cars due to their bubble-shaped appearance.
Over the last few years, as growing environmental concern, increasing fuel price as well as traffic congestion globally, the emphasis on improving transportation facilities began to gather more attention. Thus, automobile manufacturers are breaking their dependency on heavier car models and managing to develop comfortable, affordable, low carbon emissions as well as fuel consumption small vehicles such as microcars. Thus, these tiny cars are finding appeal among consumers offered as an alternative to combat road traffic congestion.
Moreover, as the companies are introducing new models, the microcars are gaining more popularity and competitiveness in the market. In many developing countries such as India, microcars are used as public transportation. In the U.S., people who own three-wheel microcars are benefiting from safety regulations as these microcars are categorized as motorcycles. The primary benefits to owning microcars include taxes, insurance credits as well as special parking are the factors which as boost the microcars market in the near future.
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The Micro-Compact Cars market was valued at 2550 Million US$ in 2017 and is projected to reach 3170 Million US$ by 2025, at a CAGR of 2.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Micro-Compact Cars.
This report includes the following manufacturers; we can also add the other companies as you want.
Mahindra Electric Mobility Limited
Nissan Motor Co., Ltd.
Piaggio & C. Spa
Suzuki Motor Corporation
Tata Motors Limited
Toyota Motor Corporation
Daihatsu Motor Co., Ltd.
Market Segment by Product Type
Market Segment by Application
The study objectives are:
To analyze and research the global Micro-Compact Cars status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
To present the key Micro-Compact Cars manufacturers, capacity, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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In this study, the years considered to estimate the market size of Micro-Compact Cars are as follows:
History Year: 2013-2018
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
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