The global electric SUV market is projected to reach over 252.7 billion U.S. dollars in size by 2030, after dipping in 2021. By contrast, the market amounted to around 35.6 billion U.S. dollars in 2020. That same year, the Tesla Model Y was the leading plug-in electric vehicle model in the crossover and SUV category in terms of sales.
Projections for the electric SUV market size worldwide between 2020 and 2030
(in million U.S. dollars)
This Statista estimate is based on the 2030 values and the compound annual growth rate from 2021 to 2030 of 25.1 percent, which were provided by the source. An exponential development of the market was assumed. The value for 2020 was also provided by the source.
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Allied Market Research, & Statista. (January 1, 2021). Projections for the electric SUV market size worldwide between 2020 and 2030 (in million U.S. dollars) [Graph]. In Statista. Retrieved September 26, 2024, from https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/
Allied Market Research, und Statista. "Projections for the electric SUV market size worldwide between 2020 and 2030 (in million U.S. dollars)." Chart. January 1, 2021. Statista. Accessed September 26, 2024. https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/
Allied Market Research, Statista. (2021). Projections for the electric SUV market size worldwide between 2020 and 2030 (in million U.S. dollars). Statista. Statista Inc.. Accessed: September 26, 2024. https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/
Allied Market Research, and Statista. "Projections for The Electric Suv Market Size Worldwide between 2020 and 2030 (in Million U.S. Dollars)." Statista, Statista Inc., 1 Jan 2021, https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/
Allied Market Research & Statista, Projections for the electric SUV market size worldwide between 2020 and 2030 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/ (last visited September 26, 2024)
Projections for the electric SUV market size worldwide between 2020 and 2030 (in million U.S. dollars) [Graph], Allied Market Research, & Statista, January 1, 2021. [Online]. Available: https://www.statista.com/statistics/1275290/global-electric-suv-market-size-forecast/
