Electric SUV Market Size, Share, and Trends 2024 to 2034

The global electric SUV market size accounted for USD 740.91 billion in 2024, grew to USD 978.44 billion in 2025 and is expected to hit around USD 11,953.03 billion by 2034, representing a healthy CAGR of 32.06% between 2024 and 2034. The Europe electric SUV market size is evaluated at USD 348.23 billion in 2024 and is predicted to grow at a CAGR of 32.18% during the forecast year.

  • Last Updated : November 2024
  • Report Code : 5242
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID-19 Impact on Electric SUV Market 

5.1. COVID-19 Landscape: Electric SUV Industry Impact

5.2. COVID-19  Impact Assessment for the Industry

5.3. COVID-19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric SUV Market, By Vehicle Type

8.1. Electric SUV Market Revenue and Volume Forecast, by Vehicle Type, 2024-2034

8.1.1. Compact

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Mid-size

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Full-size

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Electric SUV Market, By Propulsion Type

9.1. Electric SUV Market Revenue and Volume Forecast, by Propulsion Type, 2024-2034

9.1.1. Battery Electric Vehicle (BEV)

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Plug-in Hybrid Electric Vehicle (PHEV)

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Electric SUV Market, By Vehicle Range

10.1. Electric SUV Market Revenue and Volume Forecast, by Vehicle Range, 2024-2034

10.1.1. Up to 250 Miles

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. 250-500 Mile

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

10.1.3. Above 500 Miles

10.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Electric SUV Market, By Drive Type 

11.1. Electric SUV Market Revenue and Volume Forecast, by Drive Type, 2024-2034

11.1.1. FWD

11.1.1.1. Market Revenue and Volume Forecast (2021-2034)

11.1.2. RWD

11.1.2.1. Market Revenue and Volume Forecast (2021-2034)

11.1.3. AWD

11.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 12. Global Electric SUV Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.1.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.1.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.1.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.1.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.1.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.1.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.1.6.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.1.6.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.1.6.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.2.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.2.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.2.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.2.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.2.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.2.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.2.6.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.2.6.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.2.6.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.2.7.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.2.7.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.2.7.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.2.8.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.2.8.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.2.8.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.3.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.3.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.3.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.3.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.3.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.3.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.3.6.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.3.6.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.3.6.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.3.7.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.3.7.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.3.7.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.3.8.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.3.8.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.3.8.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.4.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.4.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.4.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.4.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.4.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.4.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.4.6.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.4.6.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.4.6.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.4.7.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.4.7.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.4.7.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.4.8.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.4.8.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.4.8.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.5.5.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.5.5.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.5.5.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Vehicle Type (2021-2034)

12.5.6.2. Market Revenue and Volume Forecast, by Propulsion Type (2021-2034)

12.5.6.3. Market Revenue and Volume Forecast, by Vehicle Range (2021-2034)

12.5.6.4. Market Revenue and Volume Forecast, by Drive Type (2021-2034)

Chapter 13. Company Profiles

13.1. Tesla Inc.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Hyundai Motor Company

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Toyota Motor Corporation

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Nissan Motor Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Kia Corporation

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. BYD Company Ltd.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Ford Motor Company

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Volkswagen AG

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. AB Volvo

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Honda Motor Co., Ltd.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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