Revenue in the Small Cars market segment is projected to reach US$131,300.00m in 2022.
Revenue is expected to show an annual growth rate (CAGR 2022-2026) of -0.77%, resulting in a projected market volume of US$127,300.00m by 2026.
Small Cars market segment unit sales are expected to reach 8,222.9K vehicles in 2026.
The volume weighted average price of Small Cars market segment in 2022 is expected to amount to US$15.34k.
From an international perspective it is shown that the most revenue will be generated in China (US$16,070.00m in 2022).
The Small Cars Market segment includes economy passenger cars of an average footprint around 3.7m2 (40 ft2), an average mass around 1200kg (2680lbs) and a passenger/cargo volume between 2.4 m3 and 2.8 m3 (85 ft3 and 99 ft3).
European Car Segment: B (Small Cars)
US Car Segment: Subcompact Cars
Chinese Car Segment: Category A
Also known as: Light Cars, Superminis
Background: The Smalls Cars Market developed significantly in the late 1960’s and the early 1970’s as manufacturers responded to economic growth by offering a larger car alternative to a mini car. Although models of this kind existed from mid twentieth century on, small cars became especially popular around the turn of the century due to their fuel efficiency and a strong trend in retro-branding.
Example Models: Citroën C3, Fiat Grande Punto, Fiat Punto Evo, Ford Fiesta, Hyundai i30, Kia Soul, Kia Venga, Lancia Musa, Lancia Ypsilon, Mazda 2, Nissan Note, Opel Corsa, Peugeot 207, Renault Clio, Seat Ibiza, Škoda Fabia, Suziki Swift, Toyota Yaris, Volkswagen Polo.