Global Electric 4 Wheel Drive Car Market 2027

MARKET INTELLIGENCE . CONSULTING
www.techsciresearch.com
GLOBAL ELECTRIC 4 WHEEL DRIVE CAR MARKET
FORECAST & OPPORTUNITIES
2017 – 2027

2
Scope of Report
Product of Interest (POI): Electric 4 Wheel Drive Car
Review Period
2017 – 2020
Base Year
2021
Estimated Year
2022
Forecast Period
2023 – 2027
Year Range
REGION
• Asia-Pacific
• Europe
• North America
• South America
• Middle East & Africa
(MEA)
In a Four-wheel drive- the power is sent to the rear wheels, which means that the back-
wheels of a car drive the vehicle forward whilst the front wheels function or spin freely.
This process enables better traction for the vehicle and to avoid wheelspin. This
concept is also known as 'Variable Torque Distribution.
Market Segmentation
PROPULSION
• BEV
• HEV
• PHEV
VEHICLE TYPE
• Hatchback
• Sedan
• SUV
BATTERY CAPACITY
• Below 25 KWH
• 25KWH-40KWH
• Above 40KWH

3
Table of Contents
S. No. Contents Page No.
1. Product Overview (Definition of Product Type and major terminologies used in the report)
2.
Research Methodology (Detailed description of the methodology used to conduct the research, Raw data
backup, list of all secondary sources, List of respondents for primary surveys)
3. Impact of COVID-19 on Global Electric 4 Wheel Drive Car Market
4. Executive Summary
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6.
Global Electric 4 Wheel Drive Car Market Outlook, 2017-2027F (This chapter includes a brief overview of
the product of interest market such as total market’s growth rate, expected growth rate, key growth levers,
leading region, top grossing product types, etc. It includes more of a qualitative information about the
market.)
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Propulsion (BEV, HEV, PHEV)
6.2.2. By Vehicle Type (Hatchback, Sedan, SUV)
6.2.3. By Battery Capacity (Below 25 KWH, 25KWH-40KWH, Above 40KWH)
6.2.4. By Company (2021)
6.2.5 By Region
6.3. Product Market Map (By Vehicle Type, By Region)

4
Table of Contents
7. Asia-Pacific Electric 4 Wheel Drive Car Market Outlook
7.2.1. By Propulsion
7.2.2. By Vehicle Type
7.2.3. By Battery Capacity
7.2.4. By Country
7.3. Product Market Map (By Vehicle Type, By Country)
7.4. Asia-Pacific: Country Analysis
7.4.1. China Electric 4 Wheel Drive Car Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value & Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Propulsion
7.4.1.2.2. By Vehicle Type
7.4.1.2.3. By Battery Capacity
7.4.2. India Electric 4 Wheel Drive Car Market Outlook

5
Table of Contents
7.4.3. Japan Electric 4 Wheel Drive Car Market Outlook
7.4.4. Malaysia Electric 4 Wheel Drive Car Market Outlook
7.4.5. Thailand Electric 4 Wheel Drive Car Market Outlook

6
Table of Contents
7.4.6. Indonesia Electric 4 Wheel Drive Car Market Outlook
7.4.7. South Korea Electric 4 Wheel Drive Car Market Outlook
7.4.8. Thailand Electric 4 Wheel Drive Car Market Outlook

7
Table of Contents
8. Europe Electric 4 Wheel Drive Car Market Outlook
8.2.4. By Country
8.4. Europe: Country Analysis
8.4.1. France Electric 4 Wheel Drive Car Market Outlook
8.4.2. Germany Electric 4 Wheel Drive Car Market Outlook

8
Table of Contents
8.4.3. United Kingdom Electric 4 Wheel Drive Car Market Outlook
8.4.4. Italy Electric 4 Wheel Drive Car Market Outlook
8.4.5. Spain Electric 4 Wheel Drive Car Market Outlook

9
Table of Contents
8.4.6. Belgium Electric 4 Wheel Drive Car Market Outlook
8.4.7. Russia Electric 4 Wheel Drive Car Market Outlook
9. North America Electric 4 Wheel Drive Car Market Outlook
9.2.4. By Country
9.4. North America: Country Analysis

10
Table of Contents
9.4.1. United States Electric 4 Wheel Drive Car Market Outlook
9.4.2. Canada Electric 4 Wheel Drive Car Market Outlook
9.4.3. Mexico Electric 4 Wheel Drive Car Market Outlook

11
Table of Contents
10. South America Electric 4 Wheel Drive Car Market Outlook
10.2.4. By Country
10.4. South America: Country Analysis
10.4.1. Brazil Electric 4 Wheel Drive Car Market Outlook
10.4.2. Argentina Electric 4 Wheel Drive Car Market Outlook

12
Table of Contents
10.4.3. Colombia Electric 4 Wheel Drive Car Market Outlook
11. Middle East & Africa Electric 4 Wheel Drive Car Market Outlook
11.2.4. By Country
11.4. Middle East & Africa: Country Analysis
11.4.1. South Africa Electric 4 Wheel Drive Car Market Outlook

13
Table of Contents
11.4.2. Saudi Arabia Electric 4 Wheel Drive Car Market Outlook
11.4.3. UAE Electric 4 Wheel Drive Car Market Outlook
11.4.4. Egypt Electric 4 Wheel Drive Car Market Outlook

14
Table of Contents
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends & Developments
14. Competitive Landscape
14.1. Competition Outlook
14.2. Players Profiled (Partial List of Leading Companies)
14.2.1. Company Details
14.2.2. Products & Services
14.2.3. Financials (As Reported)
14.2.4. Key Market Focus & Geographical Presence
14.2.5. Recent Developments
14.2.6. Key Management Personnel
15. Strategic Recommendations
16. About Us & Disclaimer

16
Research Methodology
✓ Identifying Key Opinion
Leaders
✓ Questionnaire Design
✓ In-depth Interviews
Data
Collection
Developing List
of Respondents
Formulating
Questionnaire
Market
Profiling
Data
Validation
Data
Analysis
In-depth secondary
research was conducted to
determine top players in
the global electric 4-wheel
drive car market, overall
market size and segmental
market size.
In order to conduct
industry experts’
interviews, TechSci
formulated a detailed
discussion guide.
List of industry
players and industry
specialists was
developed.
TechSci conducted
interviews with
industry experts and
industry players for
data collection and
verification.
Data obtained as a
result of primary
and secondary
research was
validated through
rigorous
triangulation.
The data was scrutinized
using MS-Excel, statistical
tools and internal
proprietary database to
obtain qualitative and
quantitative insights about
the global electric 4-wheel
drive car market.
Data
Collection
Data Filter
& Analysis
Research &
Intelligence
Actionable
Insights
Business
Solution
Primary Research Desk Research Company Analysis
✓ Recent Developments
✓ Market Changing
Aspects/Dynamics
✓ Government Policies
✓ Conclusion
✓ Market Participants
✓ Key Strengths
✓ LinkedIn
✓ TechSci Internal
Database
✓ Factiva
✓ Hoovers
Paid Sources
✓ Company Websites
✓ Company Annual
Reports
✓ White Paper Study
✓ Financial Reports
✓ Investor
Presentations
✓ Regulatory Body
✓ Associations, etc.
Secondary
Research
Primary Research

17
Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of the global electric 4-wheel drive car market. The team
has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing demand for
luxury cars and developments in the 4-wheel drive car system and its growing penetration in electric vehicles are the major factors driving the
growth of the global electric 4-wheel drive car market. The study includes market forecasting, which would enable our clients to take better
decisions while planning their strategy to achieve sustainability in the global electric 4-wheel drive car market.
Methodology Followed for Calculation of Market Size:
• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2021 was calculated based on information collected
through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as electric 4-wheel drive
car market companies, channel partners, market influencers & end users, industry experts, and other industry participants.
• The team interviewed more than 15 – 20 electric 4-wheel drive car market companies, 100 – 120 end users, and 15 – 20 industry experts and
other value chain stakeholders in the global electric 4-wheel drive car market to obtain the overall market size from 2017 to 2021, which was
validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market
size data during 2017-2021.

18
• Respondents were asked about the current and future market growth rates, market shares by propulsion, by vehicle type, by battery
capacity, by company and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue
shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various
segments were further triangulated from other stakeholders.
Methodology Followed for Calculation of Market Shares:
• Market by propulsion, by vehicle type, by battery capacity, by company and by region were calculated based on the responses received
through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from
various segments of electric 4-wheel drive car markets. The final shares were calculated by taking the geometric mean of the responses
gathered from key opinion leaders after eliminating the outliers.
Methodology Followed for Forecasting:
• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software.
• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast global
electric 4-wheel drive car market, TechSci Research used various forecast techniques such as:
✓ Moving Average
✓ Time Series Analysis s
✓ Regression Analysis
✓ Econometric and Judgmental Analysis

19
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research
also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It
should be noted that the figures compiled are only for the organized market including market share data. The currency used in the report is the
United States Dollar (USD), with the market size indicated in USD million.
Partial List of Companies Interviewed Key Secondary Sources
▪ Volkswagen Group
▪ BMW AG
▪ Hyundai Motor Company
▪ Daimler AG
▪ Tesla INC
▪ Toyota Motor Company
▪ World Bank
▪ TechSci Research Proprietary Database & Knowledge
Repository
▪ Company Annual Reports
▪ Industry Magazines
▪ Industry Reports
▪ News Dailies
▪ Credible Paid Databases

20
Industry Brief
According to TechSci Research report, “Electric 4 Wheel Drive Car Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-
2027”, the global electric 4 wheel drive car market is anticipated to grow at a rate steady CAGR for the forecast period, 2023-2027. The front and rear
wheels of an electric 4 wheel drive car are powered by a motor, and these may or may not be powered by the same motor. Torque is divided among
the four wheels of an electric vehicle by the two motors used for each axle. The rise in demand for better traction control and vehicle handling capacity
is contributing to the market demand. Electric 4 wheel drive cars save energy during low load running by efficiently distributing the power between two
or more motors, enhancing power, and lowering energy loss. The growing demand for increased vehicle mileage is expected to drive the demand of the
global electric 4 wheel drive car market. The rise in the number of the launch of models of electric vehicle SUVs and the growing use of intelligent
electric 4 wheel drive car systems is fueling the sales of electric vehicles.
Electric vehicles have lower maintenance costs and produce no noise while traveling. They have lower running costs than conventional four-wheeler
vehicles and conveniently charge them at home. The electric vehicle offers storage space and comfortable cabin space and is environment-friendly,
which is one of the major reasons for its high sales across the globe.
However, the increased cost of maintenance and the extra equipment adds complexity and weight to the vehicle, which may restrain the growth of the
global electric 4 wheel drive car market in the forecast period.
The global electric 4 wheel drive car market is segmented on the basis of propulsion, vehicle type, battery capacity, competitional landscape, and
regional distribution.
Based on the propulsion, the global electric 4 wheel drive car market is divided into BEV, HEV, and PHEV. BEV is short for battery electric vehicles,
and these are powered entirely by electricity and do not use fuel tanks or exhaust pipes. The presence of large onboard battery charges one or more
motors, and the users can charge the battery by using an external outlet. Hybrid electric vehicle (HEV) uses two types of power sources that a fuel-
based engine and an electric motor with a larger battery. It also supports regenerative braking, which charges the engine every time the brake is
applied. Plug-in hybrid electric vehicle (PHEV) consists of an electric motor charged by an electric plug and a fuel-based ICE. PHEV can travel longer
distances by using electric power owing to the increased battery size and ability to recharge from the grid.
Based on the vehicle type, the global electric 4 wheel drive car market is divided into hatchback, sedan, and SUV. The hatchback segment is expected
to witness the fastest incremental growth in five years. Hatchbacks are smaller electric vehicles and can hold four to five passengers. They are more
affordable than their counterparts which is one of the major reasons for their high demand worldwide.
Based on the regional analysis, the Asia-pacific region is expected to hold the largest market share in the forecast period. Ongoing technological
advancements and the booming automotive industry fuel the shift of vehicle operations from complex mechanical systems to electronically control
systems. Shift to the adoption of the advanced system is accelerating the adoption of 4 wheel drive car systems, therefore significantly contributing to
the market growth.
Major market players operating in the global electric 4 wheel drive car market are: Volkswagen Group, BMW AG, Hyundai Motor Company, Daimler
AG, Tesla INC, Toyota Motor Company.
“Increasing demand for fuel-efficient, high-performance vehicles fuels the demand for electric vehicles across the globe. Market players are investing
heavily in upgrading the existing infrastructure and finding innovative technologies to enhance the consumer experience. The development of fast-
charging stations to charge electric vehicles, reduce the cost of electric vehicle batteries, and the government's support is boosting the demand for
electric vehicles. Change in preference of consumers to cover long distances via road trips and the growing consciousness of consumers about the
benefits of traveling by electric vehicles are expected to propel the global electric 4 wheel drive car market till 2027” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based Global management consulting firm.

21
Sample Data - Snapshot
Global Electric 4 Wheel Drive Car Market Size, By Value (USD Million), By Volume (Thousand Units), 2017-2027F
XX% YY%
5.00
6.00
7.00
8.00
9.00
10.00
11.00
12.00
13.00
14.00
15.00
10.00
20.00
30.00
40.00
50.00
60.00
70.00
80.00
90.00
100.00
110.00
2017 2021 2022E 2027F
By Value (USD Million)
CAGR By Value & Volume CAGR By Value & Volume
North America Electric 4 Wheel Drive Car Market Share,
By Propulsion, By Volume, 2017–2027F
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2017
2018
2019
2020
2021
2022E
2023F
2024F
2025F
2026F
2027F
BEV HEV PHEV
North America Electric 4 Wheel Drive Car Market Share, By
Vehicle Type, By Volume, 2017–2027F
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2017
2018
2019
2020
2021
2022E
2023F
2024F
2025F
2026F
2027F
Hatchback Sedan SUV
United States Electric 4 Wheel Drive Car Market Share, By Battery Capacity, By Volume, 2017–2027F
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
33%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
34%
2017
2018
2019
2020
2021
2022E
2023F
2024F
2025F
2026F
2027F
Below 25 KWH 25KWH-40KWH Above 40KWH

22
Report Ordering
Report Name: GLOBAL ELECTRIC 4 WHEEL DRIVE CAR MARKET
FORECAST & OPPORTUNITIES
2017 – 2027
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model of a country, regional and global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich
evaluation of the opportunities available in the market.
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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely,
accurate or complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers
reliable and first hand. However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or
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