PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Small Car, Big Ambitions – Over 60 Base Models Set for Launch in the Next Three Years in the European Microcars Market - 7 out of top 10 vehicle manufacturers to develop on strong revenue potential of microcars
Small Car, Big Ambitions – Over 60 Base Models Set for Launch in the Next Three Years in the European Microcars Market

 

NewswireToday - /newswire/ - London, United Kingdom, 2011/06/27 - 7 out of top 10 vehicle manufacturers to develop on strong revenue potential of microcars.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The microcars segment is poised to become one of the largest revenue generators for over 30 market participants, including seven out of the top 10 global vehicle manufacturers (VMs). Challenged by tighter emission norms and safety requirements, the entire microcars market has evolved from being a highly protected and niche segment to an extremely focused one that even qualifies for vehicle crash tests.

New analysis from Frost & Sullivan (automotive.frost.com), Strategic Analysis of the European Microcars Market, finds that the European microcars market is expected to witness the introduction of over 60 base models, including quadricycles, by 2013. Moreover, over 19 models are projected for launch by top seven out of 10 OEMs in the entirely new emerging class of sub-A segment vehicles over the next three years. The sub-A vehicles segment is anticipated to grow faster than quadricycles due to their characteristics and striking resemblance to A-segment vehicles.

"The development of megacities, paralleled by changing mobility trends and growing interest in urban vehicles with low emissions and low fuel consumption, has encouraged VMs to introduce microcars in Europe," notes Frost & Sullivan Industry Analyst Vishwas Shankar. "Greener agendas, government subsidies, parking charge exemptions and possible vehicle homologation rules of 'no-license' required to drive these vehicles could reinforce sales of microcars."

In Europe, the focus on alternate fuel driven vehicles, congestion in city centres and increasing cost of vehicle ownership is expected to boost microcars sales over seven fold. Global mainstream OEMs have provided market momentum – over 30 models were introduced in the recently concluded 2010 Paris Motor Show and the 2011 Geneva Motor Show.

Over 75 per cent of the microcars announced are expected to be battery electric vehicles (EVs), with the major related challenges being range anxiety and limited speeds. Since their introduction, safety has been a cause of concern with the L6 and L7 quadricycles (L-category) and industry experts expect traces of this anxiety to persist in the microcars segment for a brief period.

Increasing legislative controls are also expected to pull down sales in the long term. This is likely due to the rising vehicle costs associated with the addition of new components recommended by legislation.

"VMs are pro-actively addressing stricter emission norm and increased safety level requirements with the introduction of sub-A segment vehicles," remarks Shankar. "In contrast, conventional engine powered quadricycle manufacturers continue to be constrained by the need for high investment costs to upgrade their vehicles to match sub-A levels in terms of safety and emission norms."

Unlike sub-A vehicles, conventional engine powered quadricycles do not qualify for subsidies/rebates, resulting in quadricycle manufacturers facing the prospect of attenuating profit margins. The introduction, therefore, of electric quadricycles is a promising sign as they have started to qualify for regional grants and benefits including access to high-occupancy vehicle lanes and parking charge exemptions.

"As a result, VMs are expected to introduce electric quadricycles in large numbers and even follow it with a sub-A vehicle (by increasing motor torque and power) to boost sales shipment," adds Shankar. "Quadricycle manufacturers in Europe have also started to invest in new age business models driven by car sharing organisations, addressing thereby the challenge of increased vehicle ownership cost."

Automakers such as Aixam Mega and Ligier Microcar are early entrants in announcing electric quadricycles in the European market. They have clear visions of growth strategy in this category – to commercialise electric quadricycles and reduce carbon footprint.

"However in Europe, automakers like Renault, PSA Peugeot Citroen, Tata Motors and many more have announced their entry in the microcars segment with sub-A vehicles," concludes Shankar. "There is an evident market demand in the electric microcars category, stimulated by the growing needs of Gen-Y end consumers."

If you are interested in more information Frost & Sullivan's Strategic Analysis of the European Microcars Market study, please send an email with your contact details to Katja Feick, Corporate Communications, at katja.feick[.]frost.com.

Strategic Analysis of the European Microcars Market is part of the Automotive & Transportation Growth Partnership Service programme, which also includes research in the following markets: Sustainable and Innovative Personal Transport Solutions - Strategic Analysis of Carsharing Market in Europe, Analysis of the Market for Carsharing in North America, Strategic Analysis of Passenger Vehicle Market in Malaysia and Russian and CEE Automotive Industry Outlook. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Strategic Analysis of the European Microcars Market / M55D

Follow us: twitter.com/frost_sullivan | facebook.com/FrostandSullivan

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive/Trucking/RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive/Trucking/RV articles,
CATCH Visitors via Your Competitors Announcements!


Small Car, Big Ambitions – Over 60 Base Models Set for Launch in the Next Three Years in the European Microcars Market

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Frost & Sullivan |
Publisher Contact: Katja Feick 
+49 (0) 69 7703343 katja.feick[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive/Trucking/RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Newswires:

First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable
Frost & Sullivan Acclaims Federal-Mogul Motorparts' Visionary Solutions and Growth Strategies for the North American Automotive Aftermarket
Borealis and Borouge Showcase Lightweight Solutions with the 2016 European Car of the Year At K Fair
BASF - Charge Air Duct Made from The High-temperature Polyamide Ultramid® Endure BM for Blow Molding
MAN Announces First Major Order from Tbilisi
BASF and Hyundai Motor Showcase RN30 Concept Car At K Fair
750th MAN D2676 Engine for Alstom’s Coradia Polyvalent Delivered in Time for Innotrans 2016

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)