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Sedans to Emerge as Most Popular Bodystyle in Premium Electric Vehicle Segment by 2021
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This research service provides an overview of the future of sedans and discusses how the decline in sales within the segment is expected to change in the future. The sedan segment has been a popular choice among consumers in North America with 77 models being sold as of 2015. This number has since dropped to 75—despite growth in the number of models in the premium segment—due to the phase-out of models in mass market segments. This is directly linked to the decline in oil prices over the years, which has sharply increased the sales of crossovers, SUVs and pickup trucks.This research service categorizes sedans into 4 major categories based on their size, namely:• Sub-compact Sedans: Vehicles with length lesser than 4300 mm, including vehicles such as Audi A3 and Nissan Versa• Compact Sedan: Vehicles with length greater than 4300 mm and lesser than 4500 mm, including vehicles such as Honda Civic and Toyota Corolla• Mid-size Sedan: Vehicles with length greater than 4500 mm and lesser than 5000 mm, including vehicles such as Toyota Camry and BMW 5 Series• Full-size Sedans: Vehicles with length lesser than 4300 mm, including vehicles such as Dodge Charger and Chevrolet ImpalaDespite crossover popularity, some sedans have managed to secure better sales in 2017, than they had in previous years. Automakers have continued to show interest in the segment, introducing new models and variants. A key area that most OEMs have focused on is the premium sedan segment.The research also discusses the potential future of sedans and where these models are expected to be popular, accounting for the rise in fuel prices and the shift to electrification. The research highlights how OEMs have moved from the sedans phased out between the years 2015 and 2017 and what models have replaced these vehicles in production facilities. The study also lists future models expected to be launched in the sedan segment and what categories they are to be introduced in.
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