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.
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
3.1. Market Snapshot
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
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
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
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)
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)
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)
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)
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)
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
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
15.1. About Us
15.2. Glossary of Terms
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