Global Micro-Compact Cars Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
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.

The global Micro-Compact Cars market is valued at 2550 million US$ in 2018 is expected to reach 3170 million US$ by the end of 2025, growing at a CAGR of 2.8% during 2019-2025.
This report focuses on Micro-Compact Cars volume and value at global level, regional level and company level. From a global perspective, this report represents overall Micro-Compact Cars market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Daimler AG
    Mahindra Electric Mobility Limited
    Nissan Motor Co., Ltd.
    Groupe PSA
    Piaggio & C. Spa
    Renault S.A.
    Suzuki Motor Corporation
    Tata Motors Limited
    Toyota Motor Corporation
    Daihatsu Motor Co., Ltd.

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Electric
    Petrol
    Diesel
    Hybrid

Segment by Application
    Passenger
    Utility