Mini Cars

United States

(Core country: data based on in-depth analysis)

Highlights
Market definition
in-scope / out-of-scope
Reports special
  • Revenue in the Mini Cars market segment amounts to £203m in 2019.
  • From an international perspective it is shown that most revenue is generated in China (£3,580m in 2019).
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The Mini Cars Market segment includes economy passenger cars of an average footprint around 3.35m2 (36 ft2), an average mass around 1000kg (2250lbs) and passenger/cargo volume less then 2.4m3 (around 85 ft3). While considered to be the market with the most inexpensive models, prices in the mini cars segment tend to be comparable to those in the small cars segment.

  • European Car Segment: A (Mini Cars)
  • US Car Segment: Minicompact Cars
  • Chinese Car Segment: Category A
  • Also known as: City Cars, Microcars

Background:
This segment originated in the time of the great depression when a need for smaller and more affordable passenger cars arose while the aftermarket for larger and more expensive models experienced a severe slump. Mini cars continued to be marketed as inexpensive, driving their sales up in Europe after the Second World War, but with each coming generation and a newly found economic prosperity, they were being slowly replaced by larger models.
Nevertheless, mini cars got their comeback in the late 1980’s and the early 1990’s caused by the growing urban population and a desire for smaller, more practical four-seat or two-seat city cars. With many manufacturers moving towards this market (mostly by updating their previous, rebranding existing models) an average price of a mini car varied until they finally settled around those of a small car.
In recent years manufacturers like Opel and FIAT have been marketing design oriented and highly connected cars like the Opel Adam and the FIAT 500 which are turning around the diffusion of innovation pyramid and have become a huge success among young, tech-savvy urban buyers.

Example Models: Citroën C2, Daihatsu Sirion, Fiat 500, Fiat Panda, Hyundai i10, Kia Picanto, Mini Cooper, Nissan Micra, Peugeot 107, Renault Twingo.

in-scope
  • Economy passenger cars - Mini cars
out-of-scope
  • Mini MPVs
Mini Cars Report 2019

Mini Cars Report 2019

Statista Mobility Market Outlook - Segment Report
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Vehicle Sales by make (2019)
-19.0% yoy
20.1t
Revenue by make (2019)
-18.5% yoy
£203m

Vehicle Sales by make

in the Mini Cars market in thousand vehicles

Reading Support Mini Cars unit sales are expected to reach 6.3t in 2023.

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Vehicle Sales:

The box shows vehicle sales of the selection (market segment, region, make) for each year.

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Revenue by make

in the Mini Cars market in million £

Reading Support Revenue in the Mini Cars market segment amounts to £203m in 2019.

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Revenue:

The box shows the forecasted revenue development of the selection (market segment, region, make).

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Average Price

in the Mini Cars market in £

Reading Support The volume weighted average price of Mini Cars in 2019 is £10,110.

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Price per Unit:

The "Price per Unit" box shows the volume weighted average price per car in the selected market (market segment, region, make) for each year.

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Global Comparison - Revenue

in the Mini Cars market in million £

Reading Support With a market volume of £3,580m in 2019, most revenue is generated in China.

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Global Comparison – Revenue:

The “Revenue” tab shows a comparison of revenues for the leading economies in the selected market (market segment, region) and year.

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Key Market Indicators

The following Key Market Indicators give an overview of the demographic, economic and technological development of the selected region on the basis of general KPIs. The calculation of Statista’s Market Outlook is based on a complex market-driver logic including over 400 region-specific data sets.

201420152016201720182019202020212022 CAGR
(2014-2022)
Population in m
Number of individuals (all ages) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
0-14 years in m
Number of individuals (age 0-14) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
15-24 years in m
Number of individuals (age 15-24) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
25-34 years in m
Number of individuals (age 25-34) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
35-44 years in m
Number of individuals (age 35-44) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
45-54 years in m
Number of individuals (age 45-54) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
55+ years in m
Number of individuals (age 55 and older) living in the selected region, the data reflect the United Nations' medium variant of World Population Prospects | Source: Statista, based on UN DESA
Consumer spending (current) in £
Average consumer spending per capita of private households in the selected region (in current prices, constant exchange rate) | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices
Transport in £
Consumer spending per capita for transport (according to the Classification of Individual Consumption Purposes, COICOP) in the selected region (in current prices, constant exchange rate). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. | Source: Statista, based on IMF, UN, World Bank, Eurostat and national statistical offices
Consumer price index (CPI)
Consumer price index (CPI) for a weighted basket of goods and services. The weights of the components vary by country according to local consumption patterns. The base year (100) has been set to 2017 for all countries, the base year of the input data may vary. | Source: Statista, based on IMF WEOD
Price level (U.S.=100)
Estimated price level index for all goods and services for individual private consumption (U.S.=100). Data has been extrapolated from the latest iteration of the World Bank's International Comparison Program (2011) using inflation data. The timeline has been stabilised for currency effects by using the average exchange rate for 2017. Numbers above 100 signal that prices are on average higher in this region than in the U.S., numbers below would mean prices in this region are on average lower than in the U.S.. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Transport
Estimated price level index for transport (U.S.=100). This group inlcudes the purchase of vehicles, maintenenace of vehicles as well as transportation services. Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data. The timeline has been stabilised for currency effects by using a constant exchange rate. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Recreation, culture
Estimated price level index for recreation and culture (U.S.=100). Data has been extrapolated from the last iteration of the World Bank's International Comparison Program (ICP) using inflation data. The timeline has been stabilised for currency effects by using a constant exchange rate. | Source: Statista, based on World Bank, IMF, Eurostat and national statistical offices
Tax rates
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Corporate tax rate in %
Displayed is the typical rate for corporate income. Due to local taxes, the overall tax rate may vary within the country. | Source: Statista, based on KPMG
Personal income tax rate in %
Displayed is the top marginal tax rate. Due to local taxes, the overall tax rate may vary within the country. | Source: Statista, based on KPMG
Mobility
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Cars per 1,000 capita
Number of passenger cars in the selected region in relation to the total population | Source: Statista, based on OICA
Passenger km (road) in pkm
Total movement of passengers on roads using inland transport on a given network. Data are expressed in passenger-kilometres per-capita, which represents the transport of each one passenger on a distance of one kilometre. | Source: Statista, based on OECD
Rail lines in k km
Rail lines are the length of railway route available for train service, irrespective of the number of parallel tracks. | Source: Statista, based on World Bank
Passenger km (rail) in pkm
Total movement of passengers by rail using inland transport on a given network, data are expressed in passenger-kilometres per capita, which represents the transport of each one passenger on a distance of one kilometre | Source: Statista, based on OECD
Air passengers in m
Number of passengers carried by air transport in the selected region | Source: Statista, based on ICAO, World Bank
Pump price for gasoline / liter in £
Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency using a constant exchange rate. | Source: Statista, based on World Bank, GIZ
Pump price for diesel fuel / liter in £
Fuel prices refer to the pump prices of the most widely sold grade of diesel. Prices have been converted from the local currency using a constant exchange rate. | Source: Statista, based on World Bank, GIZ
Infrastructure
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Rail investment in % of GDP
Infrastructure investment covers spending on new transport construction and the improvement of the existing rail network. | Source: Statista, based on OECD
Road investment in % of GDP
Infrastructure investment covers spending on new transport construction and the improvement of the existing road network | Source: Statista, based on OECD
Airport investment in % of GDP
Infrastructure investment covers spending on new transport construction and the improvement of the existing airport network. | Source: Statista, based on OECD
Road maintenance in % of GDP
Infrastructure maintenance covers spending on preservation of the existing road network | Source: Statista, based on OECD
International trade
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Trade (% of GDP) in %
Sum of exports and imports of goods and services in relation to total gross domestic product (GDP) | Source: Statista, based on World Bank, OECD
Tariff rate in %
Simple mean of applied tariff rates for all products in the selected region | Source: Statista, based on World Bank
Households in m
Total number of households in the selected region | Source: Statista
Urban population share in %
Share of population in the selected region living in urban areas | Source: Statista, based on World Bank
GDP (current) in £
Gross domestic product (in current prices, constant exchange rate) of the selected region per capita | Source: Statista, based on IMF WEOD
Source: Statista, June 2019
Source: Statista, June 2019, based on IMF, World Bank, UN and Eurostat