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The utility vehicle market is poised to grow by 9300 thousand units during 2022-2026, accelerating at a CAGR of 4.77% during the forecast period. The report on the utility vehicle market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increase in penetration of the AWD and 4WD vehicles, rising demand for utility vehicles, and government rules to support driving utility vehicles such as UTVs on the road.
The utility vehicle market analysis includes the type segment and geographic landscape.
The utility vehicle market is segmented as below:
By Type
- SUV
- MUV
- UTV
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on utility vehicle market covers the following areas:
- Utility vehicle market sizing
- Utility vehicle market forecast
- Utility vehicle market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Type
6 Customer Landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global utility vehicle market: AB Volvo, Bayerische Motoren Werke AG, Bombardier Recreational Products Inc., Deere and Co., Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Hyundai Motor Group, Kawasaki Heavy Industries Ltd., Mahindra and Mahindra Ltd., Mercedes Benz Group AG, Mitsubishi Motors Corp., Renault sas, SAIC Motor Corp. Ltd., Suzuki Motor Corp., Tata Sons Pvt. Ltd., Toyota Motor Corp., Volkswagen AG, and Yamaha Motor Co. Ltd.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is development of electric-powered utility vehicles.`
According to the report, one of the major drivers for this market is the increase in penetration of the AWD and 4WD vehicles.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AB Volvo
- Bayerische Motoren Werke AG
- Bombardier Recreational Products Inc.
- Deere and Co.
- Ford Motor Co.
- General Motors Co.
- Honda Motor Co. Ltd.
- Hyundai Motor Co.
- Hyundai Motor Group
- Kawasaki Heavy Industries Ltd.
- Mahindra and Mahindra Ltd.
- Mercedes Benz Group AG
- Mitsubishi Motors Corp.
- Renault sas
- SAIC Motor Corp. Ltd.
- Suzuki Motor Corp.
- Tata Sons Pvt. Ltd.
- Toyota Motor Corp.
- Volkswagen AG
- Yamaha Motor Co. Ltd.
