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Compact Cars Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The global compact cars market reached a value of US$ XX Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Compact cars fall between mid- and subcompact-sized vehicles that have a combined passenger and cargo interior volume. These cars consume less fuel and are affordable as well as easy to drive and park compared to large and luxury vehicles. They are gaining traction across the globe due to the growing consumer inclination towards more economical, convenient, and environmentally friendly alternatives. At present, on account of the continuously advancing technology, leading manufacturers are offering automatic transmissions in compact cars to enhance the overall driving experience.

Compact Cars Market Trends:

The emerging solo driving trend on account of convenience offered represents one of the main factors shifting consumer preferences towards compact cars that are well suited for short commutes. Moreover, the substantially increasing traffic congestion and lack of parking space on urban road networks, along with stringent regulations imposed by governments of numerous countries to minimize carbon emissions of vehicles, are encouraging automotive manufacturers across the globe to reduce car size and weight. Apart from this, several leading manufacturers are offering customized models with added features, such as television (TV) and wheel rims. These manufacturers are also collaborating with foreign original equipment manufacturers (OEMs) and increasingly investing in the manufacturing and research and development (R&D) facilities to improve the design and efficiency of compact cars. Furthermore, surging fuel prices and growing environmental concerns are leading consumers to favor economical and lightweight cars. This is anticipated to impel the growth of the market in upcoming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global compact cars market, along with forecasts at the global, regional and country level from 2021-2026. Our report has categorized the market based on fuel type and application.

Breakup by Fuel Type:

  • Gasoline
  • Diesel
  • Electric
  • Others
     

Breakup by Application:

  • Private
  • Commercial
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Ford Motor Company, General Motors, Hyundai Motor Group, Renault Group, Stellantis N.V, Suzuki Motor Corporation, Toyota Motor Corporation and Volkswagen AG (Porsche Automobil Holding SE).

Report Coverage:

Report Features Details
Base Year of the Analysis 2020
    Historical Period 2015-2020
Forecast Period 2021-2026
Units US$ Billion
Segment Coverage Fuel Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Ford Motor Company, General Motors, Hyundai Motor Group, Renault Group, Stellantis N.V, Suzuki Motor Corporation, Toyota Motor Corporation and Volkswagen AG (Porsche Automobil Holding SE).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global compact cars market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global compact cars market?
  • What are the key regional markets?
  • What is the breakup of the market based on the fuel type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global compact cars market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Compact Cars Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Fuel Type
    6.1    Gasoline
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Diesel
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Electric
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Application
    7.1    Private
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Commercial
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Ford Motor Company
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
           13.3.1.3 Financials
           13.3.1.4 SWOT Analysis
        13.3.2    General Motors
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
           13.3.2.3 Financials
           13.3.2.4 SWOT Analysis
        13.3.3    Hyundai Motor Group
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Renault Group
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
           13.3.4.3 Financials
           13.3.4.4 SWOT Analysis
        13.3.5    Stellantis N.V
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    Suzuki Motor Corporation
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Toyota Motor Corporation
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
           13.3.7.3 Financials
           13.3.7.4 SWOT Analysis
        13.3.8    Volkswagen AG (Porsche Automobil Holding SE)
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis

List of Figures

Figure 1: Global: Compact Cars Market: Major Drivers and Challenges
Figure 2: Global: Compact Cars Market: Sales Value (in Billion US$), 2015-2020
Figure 3: Global: Compact Cars Market Forecast: Sales Value (in Billion US$), 2021-2026
Figure 4: Global: Compact Cars Market: Breakup by Fuel Type (in %), 2020
Figure 5: Global: Compact Cars Market: Breakup by Application (in %), 2020
Figure 6: Global: Compact Cars Market: Breakup by Region (in %), 2020
Figure 7: Global: Compact Cars (Gasoline) Market: Sales Value (in Million US$), 2015 & 2020
Figure 8: Global: Compact Cars (Gasoline) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 9: Global: Compact Cars (Diesel) Market: Sales Value (in Million US$), 2015 & 2020
Figure 10: Global: Compact Cars (Diesel) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 11: Global: Compact Cars (Electric) Market: Sales Value (in Million US$), 2015 & 2020
Figure 12: Global: Compact Cars (Electric) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 13: Global: Compact Cars (Other Fuel Types) Market: Sales Value (in Million US$), 2015 & 2020
Figure 14: Global: Compact Cars (Other Fuel Types) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 15: Global: Compact Cars (Private) Market: Sales Value (in Million US$), 2015 & 2020
Figure 16: Global: Compact Cars (Private) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 17: Global: Compact Cars (Commercial) Market: Sales Value (in Million US$), 2015 & 2020
Figure 18: Global: Compact Cars (Commercial) Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 19: North America: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 20: North America: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 21: United States: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 22: United States: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 23: Canada: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 24: Canada: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 25: Asia-Pacific: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 26: Asia-Pacific: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 27: China: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 28: China: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 29: Japan: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 30: Japan: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 31: India: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 32: India: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 33: South Korea: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 34: South Korea: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 35: Australia: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 36: Australia: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 37: Indonesia: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 38: Indonesia: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 39: Others: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 40: Others: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 41: Europe: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 42: Europe: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 43: Germany: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 44: Germany: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 45: France: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 46: France: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 47: United Kingdom: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 48: United Kingdom: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 49: Italy: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 50: Italy: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 51: Spain: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 52: Spain: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 53: Russia: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 54: Russia: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 55: Others: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 56: Others: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 57: Latin America: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 58: Latin America: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 59: Brazil: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 60: Brazil: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 61: Mexico: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 62: Mexico: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 63: Others: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 64: Others: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 65: Middle East and Africa: Compact Cars Market: Sales Value (in Million US$), 2015 & 2020
Figure 66: Middle East and Africa: Compact Cars Market: Breakup by Country (in %), 2020
Figure 67: Middle East and Africa: Compact Cars Market Forecast: Sales Value (in Million US$), 2021-2026
Figure 68: Global: Compact Cars Industry: SWOT Analysis
Figure 69: Global: Compact Cars Industry: Value Chain Analysis
Figure 70: Global: Compact Cars Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Compact Cars Market: Key Industry Highlights, 2020 and 2026
Table 2: Global: Compact Cars Market Forecast: Breakup by Fuel Type (in Million US$), 2021-2026
Table 3: Global: Compact Cars Market Forecast: Breakup by Application (in Million US$), 2021-2026
Table 4: Global: Compact Cars Market Forecast: Breakup by Region (in Million US$), 2021-2026
Table 5: Global: Compact Cars Market: Competitive Structure
Table 6: Global: Compact Cars Market: Key Players

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