Allied Market Research

E-SUV Market Expected to Reach $252.72 Billion by 2030—Allied Market Research


Report Code : A13129

quote , “by propulsion, the battery electric vehicle segment dominated the global market in 2020 in terms of revenue. However, the hybrid vehicle segment is expected to lead the market during the forecast period. Depending on type, the compact crossover segment incurs a higher share. Asia-Pacific was the highest revenue contributor in 2020, and is anticipated to lead the market growth by 2030” quote

Omkar Bachal
Lead Analyst, Automotive & Transportation at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       

According to a recent report published by Allied Market Research, titled, e-suv market by propulsion, type, and seating capacity: global opportunity analysis and industry forecast, 2021–2030,” The global e-SUV market was valued at $35.57 billion in 2020, and is projected to reach $252.72 billion by 2030, registering a CAGR of 25.1%. Asia-Pacific was the highest revenue contributor, accounting for $13.93 billion in 2020, and is estimated to reach $111.07 billion by 2030, with a CAGR of 27.0%.

Changing consumer perspective toward improved vehicle safety, high integration of high-end technologies in vehicles, and government policies to promote electrified vehicles are key factors that drive demand for e-SUVs. On the basis of type, global market is divided into compact crossover, crossover, mid-size, and full size. The compact crossover segment holds a leading share in the global market, owing to growth in consumer preference toward compact SUV solutions with compact sizes and designs as it is mid solution between sedan passenger vehicles and large sports utility vehicles. Moreover, battery electric SUVs are being popular amongst the end users, owing to its operational competence along with low noise and optimum fuel efficiency. 

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.

COVID-19 Impact Analysis 

  • The COVID impact on the e-SUV market is unpredictable, and is expected to remain in force till the first to second quarter of 2021. 
  • Adverse impacts of the COVID-19 pandemic have resulted in delays in activities and initiatives regarding development of innovative e-SUV products globally.
  • The COVID-19 outbreak forced governments across the globe to implement strict lockdowns and made social distancing mandatory to contain the spread of the virus. Consequently, several organizations started the work from home programs. This led to sudden fall in demand for e-SUV use across the globe. 
  • Moreover, nationwide lockdowns forced e-SUV manufacturers to partially or completely shut their operations.

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.

Key players operating in the global e-SUV market include BMW Group, BYD Company Limited, Daimler AG, Ford Motor Company, Groupe Renault, Honda Motor Co., Ltd, Kia Corporation, Tata Motors, Tesla, Volkswagen AG, and Volvo Car Corporation.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975



For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at


First time buyer?
Check offers and discount on this report
To get this report

Click Here

quote E-SUV Market by Propulsion (Battery Electric Vehicle, and Hybrid Vehicle), Type (Compact Crossover, Crossover, Mid-Size, and Full-Size), and Seating Capacity (5-Seater, and 6-Seater, and Above): Global Opportunity Analysis and Industry Forecast, 2021–2030 quote

View Report
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,690 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.


Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction


On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers


Featured Readings


Published Date Jan 2021

Surgical Equipment Market

Download Sample

Published Date Nov 2020

Medical Implant Market

Download Sample

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

Get Industry Data Alerts

Buy Full Version
"E-SUV Market"
Purchase Enquiry