Increase in penetration of fuel-efficient mobility solution and decrease in battery cost per KWH are expected to drive growth of the e-SUV market.

WILMINGTON, DE, UNITED STATES, October 16, 2024 /EINPresswire.com/ -- Allied Market Research published a new report, titled, " Registering a CAGR of 25.1% | The E-SUV Market Size Projected to Garner USD 252.72 Billion by 2030." The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter’s Five Forces analysis, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain thorough understanding of the industry and determine steps to be taken to gain competitive advantage.

The global 𝐄-𝐒𝐔𝐕 𝐌𝐚𝐫𝐤𝐞𝐭 was valued at $35,572.5 million in 2020, and is projected to reach $252,721.7 million by 2030, registering a CAGR of 25.1%. Asia-Pacific was the highest revenue contributor, accounting for $13,926.6 million in 2020, and is estimated to reach $111,071.2 million by 2030, with a CAGR of 27.0%.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/request-sample/A13129

Rise in penetration of fuel-efficient mobility solutions and reduction in battery cost per KWH drive the growth of the global e-SUV market. However, lowered sales and production of automotive and high manufacturing cost of electric-driven SUVs restrain the market growth. On the other hand, development of e-SUV integrated with high-end technologies and huge potential in developing nations create new opportunities in the coming years.

The global e-SUV market is segmented on the basis of propulsion, type, seating capacity, and region. On the basis of propulsion, the market is divided into battery electric vehicle and hybrid vehicle. On the basis of type, it is categorized into compact crossover, crossover, mid-size, and full-size. By seating capacity, it is fragmented into 5-seater, and 6-seater, and above. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐯𝐞 𝐚𝐧𝐲 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬, 𝐏𝐥𝐞𝐚𝐬𝐞 𝐟𝐞𝐞𝐥 𝐟𝐫𝐞𝐞 𝐭𝐨 𝐜𝐨𝐧𝐭𝐚𝐜𝐭 𝐨𝐮𝐫 𝐚𝐧𝐚𝐥𝐲𝐬𝐭 𝐚𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/A13129

Based on type, the compact crossover segment held the largest share in 2020, accounting for more than one-third of the global e-SUV market, and is expected to continue its lead position during the forecast period. However, the mid-size segment is estimated to register the fastest CAGR of 27.3% from 2021 to 2030.

Based on propulsion, the battery electric vehicle segment contributed to the largest share in 2020, holding more than three-fifths of the total share, and is estimated to maintain its leadership status during the forecast period. However, the hybrid vehicle segment is projected to manifest the highest CAGR of 27.0% from 2021 to 2030.

𝐑𝐞𝐠𝐢𝐨𝐧𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:

Region wise, Asia-Pacific dominated the market share as well as it is expected to be a growth leader in the global e-SUV market. U.S. is expected to be a leader in the North America market during the forecast period owing to growing penetration of the electric vehicles and growing inclination towards utility vehicles. India, Germany and China serve as the emerging market for eSUV. The global e-SUV market is a fairly consolidated market with limited number of players holding majority of the market share in the global market. Majority of the market participants are strategically involved in product launch, point venture, and product development activities.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A13129

𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬

𝐁𝐘𝐃 𝐂𝐎𝐌𝐏𝐀𝐍𝐘 𝐋𝐈𝐌𝐈𝐓𝐄𝐃,
𝐁𝐌𝐖 𝐆𝐑𝐎𝐔𝐏,
𝐇𝐎𝐍𝐃𝐀 𝐌𝐎𝐓𝐎𝐑 𝐂𝐎., 𝐋𝐓𝐃.,
𝐕𝐎𝐋𝐊𝐒𝐖𝐀𝐆𝐄𝐍 𝐀𝐆,
𝐓𝐄𝐒𝐋𝐀,
𝐓𝐀𝐓𝐀 𝐌𝐎𝐓𝐎𝐑𝐒,
𝐆𝐑𝐎𝐔𝐏𝐄 𝐑𝐄𝐍𝐀𝐔𝐋𝐓,
𝐅𝐎𝐑𝐃 𝐌𝐎𝐓𝐎𝐑 𝐂𝐎𝐌𝐏𝐀𝐍𝐘,
𝐕𝐎𝐋𝐕𝐎 𝐂𝐀𝐑 𝐂𝐎𝐑𝐏𝐎𝐑𝐀𝐓𝐈𝐎𝐍,
𝐊𝐈𝐀 𝐂𝐎𝐑𝐏𝐎𝐑𝐀𝐓𝐈𝐎𝐍,
𝐃𝐀𝐈𝐌𝐋𝐄𝐑 𝐀𝐆

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘

● By propulsion, the hybrid vehicle segment is expected to register significant growth during the forecast period.
● By type, compact crossover segment is projected to lead the global market in terms of market share by the end of the forecast period.
● By Seating Capacity, the 6 seater and above segment is projected to lead the global market, in terms of market share, by the end of the forecast period.
● By region, Asia-pacific dominated the global e-SUV market in 2020 in terms of market share.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰: https://www.alliedmarketresearch.com/e-suv-market/purchase-options

Thanks for reading this article, you can also get an individual chapter-wise section or region-wise report versions like North America, Europe, or Asia.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

1. Electric Bikes Market - https://www.alliedmarketresearch.com/electric-bikes-market
2. Smart Mobility Market - https://www.alliedmarketresearch.com/smart-mobility-market-A06658
3. Luxury Car Market - https://www.alliedmarketresearch.com/luxury-car-market-A05980
4. Water Scooter Market - https://www.alliedmarketresearch.com/water-scooter-market

𝐀𝐛𝐨𝐮𝐭 𝐔𝐬

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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Allied Market Research INC
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