Global Electric Suv Market Size & Outlook, 2023-2030
Global electric suv market, 2018-2030 (US$M)
Related Markets
Global electric suv market highlights
- The global electric suv market generated a revenue of USD 558,337.9 million in 2023 and is expected to reach USD 4,325,329.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 34% by 2030.
- In terms of segment, compact accounted for a revenue of USD 301,380.9 million in 2023.
- Mid Size is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 558,337.9 million |
| Market revenue in 2030 | USD 4,325,329.7 million |
| Growth rate | 34% (CAGR from 2023 to 2030) |
| Largest segment | Compact |
| Fastest growing segment | Mid Size |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Compact, Mid Size, Full Size |
Other key industry trends
- In terms of revenue, the North America accounted for 11.0% of the global electric suv market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 19,706.8 million by 2030.
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Electric SUV Market Scope
Electric SUV Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global electric suv market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric suv market will help companies and investors design strategic landscapes.
Compact was the largest segment with a revenue share of 53.98% in 2023. Horizon Databook has segmented the Global electric suv market based on compact, mid size, full size covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Electric SUV Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Compact
- Mid Size
- Full Size
- Global Electric SUV Propulsion type Outlook (Revenue, USD Million, 2018-2030)
- BEV
- PHEV
- Global Electric SUV Vehicle Range Outlook (Revenue, USD Million, 2018-2030)
- Upto 250 miles
- 250-500 miles
- Above 500 miles
- Global Electric SUV Drive Type Outlook (Revenue, USD Million, 2018-2030)
- FWD
- RWD
- AWD
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Target buyers of Global electric suv market databook
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Our clientele includes a mix of electric suv market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global electric suv market , including forecasts for subscribers. This global databook contains high-level insights into Global electric suv market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global electric suv market size, by regions, 2018-2030 (US$M)
Top 10 countries: Electric suv market size, 2023 (US$M)
Global electric suv market share, by vehicle type, 2023 & 2030 (%, US$M)
Electric suv market: Opportunity assessment by country
Global electric suv market, by region, 2023 (US$M)
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