Minivans Global Market Report 2022: Ukraine-Russia War Impact

“Minivans Global Market Report 2022: Ukraine-Russia War Impact ” from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global minivans market.

This report focuses on minivans market which is experiencing strong growth. The report gives a guide to the minivans market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

• Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.

• Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.

• Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.

• Impact of high global inflation on market growth.

• Create regional and country strategies on the basis of local data and analysis.

• Identify growth segments for investment.

• Outperform competitors using forecast data and the drivers and trends shaping the market.

• Understand customers based on the latest market research findings.

• Benchmark performance against key competitors.

• Utilize the relationships between key data sets for superior strategizing.

• Suitable for supporting your internal and external presentations with reliable high quality data and analysis

• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.

• All data from the report will also be delivered in an excel format

Where is the largest and fastest growing market for the minivans? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The Minivans market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider minivans market, and compares it with other markets.

• The market characteristics section of the report defines and explains the market.

• The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19virus and forecasting its growth.

• Our forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of COVID-19 on supply chains and consumption patterns.

• Market segmentations break down market into sub markets.

• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19for all regions, key developed countries and major emerging markets.

• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.

• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

• The minivans market section of the report gives context. It compares the minivans market with other segments of the minivans market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, minivans indicators comparison.

Scope

Markets Covered:

• 1) By Product Type: Plug-In Minivan, Hybrid Minivan, Mini MPV, Compact MPV, Large MPV.

• 2) By Fuel Type: Diesel, Petrol, Electric, Other Fuel Types

• 3) By Application: Commercial Vehicle, Passenger vehicle

• Companies Mentioned: SAIC Motor Corporation Limited; Nissan Motor Co., Ltd; TOYOTA MOTOR CORPORATION; Honda Motor Co., Ltd; Ford Motor Company

• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

• Time series: Five years historic and ten years forecast.

• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Executive Summary

Major players in the minivan market are: SAIC Motor Corporation Limited, Nissan Motor Co. Ltd, Toyota Motor Corporation, Honda Motor Co. Ltd, Ford Motor Company, Hyundai Motor Company, Kia Corporation, General Motors Company, Daimler AG, Mahindra Group, Suzuki Motor Corporation , Bayerische Motoren Werke AG, Volkswagenwerk GmbH, Tata Motors Limited, and Stellantis N.V.

The global minivan market is expected to grow from $95.52 billion in 2021 to $100.83 billion in 2022 at a compound annual growth rate (CAGR) of 5.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The minivan market is expected to grow to $114.52 billion in 2026 at a CAGR of 3.2%.

The minivan market consists of sales of minivans by entities (organizations, sole traders, and partnerships) that are used for carrying passengers and transporting goods. Minivans are larger cars with the capacity to carry more passengers as compared to regular cars. In minivans, rear seats can be removed to convert minivans into goods carriers or delivery vehicles. Minivans have a higher roof, high H-point seating for passengers, and sliding doors for fewer passengers or carrying goods.

The main types of products in minivans are plug-in minivans, hybrid minivans, mini MPVS, compact MPVS, and large MPVS. The plug-in minivans use external sources of energy to power batteries through cables. The plug-in minivans are equipped with a battery internally that can be charged through an electric cable to the battery by plugging it at a gas station for operation. The different fuel types include diesel, petrol, electricity, and others. The various applications include commercial vehicles and passenger vehicles.

Asia Pacific was the largest region in the minivan market in 2021. The regions covered in the minivan market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The rising demand for electric vehicles is expected to propel the growth of the minivans market going forward. Electric vehicles refer to vehicles that use one or more electric motors as means of propulsion that run on electric power. There is a rise in demand for electric minivans to protect the environment from pollution and to reduce the cost of fuel while accommodating more passengers and transporting goods. For instance, according to International Energy Agency (IEA), a France-based autonomous intergovernmental organization, 10 million electric vehicles were on road globally in 2020, a 43% increase from 2019. Therefore, the rising demand for electric vehicles is driving the growth of the minivans market.

Technological advancements are the key trends gaining traction in the minivans market. Major players in the minivans sector are focusing on advanced technologies to lead the market. For instance, in January 2022, Toyota launched new fourth-generation Noah and Voxy minivans in Japan. These are equipped with advanced driving support technologies such as advanced park (with remote function) and advanced drive (support during traffic congestion). They are equipped with Toyota Safety Sense, the active safety package with advanced functionality.

In May 2022, Mahindra & Mahindra, an India-based automotive manufacturing company partnered with Volkswagen to use MEB electric components such as battery system components, electric motors, and battery cells for its new Born Electric Platform. This partnership aimed at the shared objective of both companies to electrify the automotive market in India. Volkswagen, a Germany-based motor vehicle manufacturer.

The countries covered in the minivan market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The minivan market research report is one of a series of new reports from The Business Research Company that provides minivan market statistics, including global market size, regional shares, competitors with minivan market share, detailed minivan market segments, market trends, and opportunities, and any further data you may need to thrive in the minivan industry. This minivan market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.