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SUV Market 2024-2028

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    Report

  • 167 Pages
  • February 2024
  • Region: Global
  • TechNavio
  • ID: 5945932
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The SUV market is forecasted to grow by USD 272.36 bn during 2023-2028, accelerating at a CAGR of 5.72% during the forecast period. The report on the SUV market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased preference for safety and comfort driving sales of SUVs, rise in demand for 4-wheel and all-wheel drive options for off-roading, and rising preference for SUVs by upper-middle-class families.

The SUV market is segmented as below:

By Vehicle Type

  • Medium-sized SUVs
  • Crossover and compact SUVs
  • Large-sized SUVs

By Fuel Type

  • Gasoline
  • Hybrid and electric SUV
  • Diesel

By Geographical Landscape

  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the rapid development of electric and hybrid SUVs as one of the prime reasons driving the SUV market growth during the next few years. Also, increased technological updates for luxury SUVs and implementing subscription services for SUVs by established automakers will lead to sizable demand in the market.

The report on the SUV market covers the following areas:

  • SUV market sizing
  • SUV market forecast
  • SUV market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading SUV market vendors that include AB Volvo, Bayerische Motoren Werke AG, BYD Co. Ltd., China FAW Group Co. Ltd., Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mazda Motor Corp., Mercedes Benz Group AG, Mitsubishi Motors Corp., Nissan Motor Co. Ltd., Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG. Also, the SUV market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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
1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Fuel Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning
2 Market Landscape
2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics
3 Market Sizing
3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global SUV market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global suv market 2018 - 2022 ($ billion)
4.2 Vehicle Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
4.3 Fuel Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Fuel Type Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Vehicle Type
6.1 Market segments
Exhibit 30: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Vehicle Type - Market share 2023-2028 (%)
6.2 Comparison by Vehicle Type
Exhibit 32: Chart on Comparison by Vehicle Type
Exhibit 33: Data Table on Comparison by Vehicle Type
6.3 Medium-sized SUVs - Market size and forecast 2023-2028
Exhibit 34: Chart on Medium-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Medium-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Medium-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Medium-sized SUVs - Year-over-year growth 2023-2028 (%)
6.4 Crossover and compact SUVs - Market size and forecast 2023-2028
Exhibit 38: Chart on Crossover and compact SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Crossover and compact SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Crossover and compact SUVs - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Crossover and compact SUVs - Year-over-year growth 2023-2028 (%)
6.5 Large-sized SUVs - Market size and forecast 2023-2028
Exhibit 42: Chart on Large-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Large-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Large-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Large-sized SUVs - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Vehicle Type
Exhibit 46: Market opportunity by Vehicle Type ($ billion)
Exhibit 47: Data Table on Market opportunity by Vehicle Type ($ billion)
7 Market Segmentation by Fuel Type
7.1 Market segments
Exhibit 48: Chart on Fuel Type - Market share 2023-2028 (%)
Exhibit 49: Data Table on Fuel Type - Market share 2023-2028 (%)
7.2 Comparison by Fuel Type
Exhibit 50: Chart on Comparison by Fuel Type
Exhibit 51: Data Table on Comparison by Fuel Type
7.3 Gasoline - Market size and forecast 2023-2028
Exhibit 52: Chart on Gasoline - Market size and forecast 2023-2028 ($ billion)
Exhibit 53: Data Table on Gasoline - Market size and forecast 2023-2028 ($ billion)
Exhibit 54: Chart on Gasoline - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Gasoline - Year-over-year growth 2023-2028 (%)
7.4 Hybrid and electric SUV - Market size and forecast 2023-2028
Exhibit 56: Chart on Hybrid and electric SUV - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Hybrid and electric SUV - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Hybrid and electric SUV - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Hybrid and electric SUV - Year-over-year growth 2023-2028 (%)
7.5 Diesel - Market size and forecast 2023-2028
Exhibit 60: Chart on Diesel - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Diesel - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Diesel - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Diesel - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Fuel Type
Exhibit 64: Market opportunity by Fuel Type ($ billion)
Exhibit 65: Data Table on Market opportunity by Fuel Type ($ billion)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Exhibit 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
Exhibit 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 US - Market size and forecast 2023-2028
Exhibit 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on US - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 111: Market opportunity By Geographical Landscape ($ billion)
Exhibit 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 AB Volvo
Exhibit 119: AB Volvo - Overview
Exhibit 120: AB Volvo - Business segments
Exhibit 121: AB Volvo - Key news
Exhibit 122: AB Volvo - Key offerings
Exhibit 123: AB Volvo - Segment focus
12.4 Bayerische Motoren Werke AG
Exhibit 124: Bayerische Motoren Werke AG - Overview
Exhibit 125: Bayerische Motoren Werke AG - Business segments
Exhibit 126: Bayerische Motoren Werke AG - Key news
Exhibit 127: Bayerische Motoren Werke AG - Key offerings
Exhibit 128: Bayerische Motoren Werke AG - Segment focus
12.5 BYD Co. Ltd.
Exhibit 129: BYD Co. Ltd. - Overview
Exhibit 130: BYD Co. Ltd. - Business segments
Exhibit 131: BYD Co. Ltd. - Key offerings
Exhibit 132: BYD Co. Ltd. - Segment focus
12.6 Ford Motor Co.
Exhibit 133: Ford Motor Co. - Overview
Exhibit 134: Ford Motor Co. - Business segments
Exhibit 135: Ford Motor Co. - Key offerings
Exhibit 136: Ford Motor Co. - Segment focus
12.7 General Motors Co.
Exhibit 137: General Motors Co. - Overview
Exhibit 138: General Motors Co. - Business segments
Exhibit 139: General Motors Co. - Key news
Exhibit 140: General Motors Co. - Key offerings
Exhibit 141: General Motors Co. - Segment focus
12.8 Mazda Motor Corp.
Exhibit 142: Mazda Motor Corp. - Overview
Exhibit 143: Mazda Motor Corp. - Business segments
Exhibit 144: Mazda Motor Corp. - Key news
Exhibit 145: Mazda Motor Corp. - Key offerings
Exhibit 146: Mazda Motor Corp. - Segment focus
12.9 Mercedes Benz Group AG
Exhibit 147: Mercedes Benz Group AG - Overview
Exhibit 148: Mercedes Benz Group AG - Business segments
Exhibit 149: Mercedes Benz Group AG - Key news
Exhibit 150: Mercedes Benz Group AG - Key offerings
Exhibit 151: Mercedes Benz Group AG - Segment focus
12.10 Mitsubishi Motors Corp.
Exhibit 152: Mitsubishi Motors Corp. - Overview
Exhibit 153: Mitsubishi Motors Corp. - Business segments
Exhibit 154: Mitsubishi Motors Corp. - Key offerings
Exhibit 155: Mitsubishi Motors Corp. - Segment focus
12.11 Nissan Motor Co. Ltd.
Exhibit 156: Nissan Motor Co. Ltd. - Overview
Exhibit 157: Nissan Motor Co. Ltd. - Business segments
Exhibit 158: Nissan Motor Co. Ltd. - Key news
Exhibit 159: Nissan Motor Co. Ltd. - Key offerings
Exhibit 160: Nissan Motor Co. Ltd. - Segment focus
12.12 Renault SAS
Exhibit 161: Renault SAS - Overview
Exhibit 162: Renault SAS - Product/Service
Exhibit 163: Renault SAS - Key news
Exhibit 164: Renault SAS - Key offerings
12.13 Stellantis NV
Exhibit 165: Stellantis NV - Overview
Exhibit 166: Stellantis NV - Business segments
Exhibit 167: Stellantis NV - Key news
Exhibit 168: Stellantis NV - Key offerings
Exhibit 169: Stellantis NV - Segment focus
12.14 Tata Motors Ltd.
Exhibit 170: Tata Motors Ltd. - Overview
Exhibit 171: Tata Motors Ltd. - Business segments
Exhibit 172: Tata Motors Ltd. - Key news
Exhibit 173: Tata Motors Ltd. - Key offerings
Exhibit 174: Tata Motors Ltd. - Segment focus
12.15 Tesla Inc.
Exhibit 175: Tesla Inc. - Overview
Exhibit 176: Tesla Inc. - Business segments
Exhibit 177: Tesla Inc. - Key news
Exhibit 178: Tesla Inc. - Key offerings
Exhibit 179: Tesla Inc. - Segment focus
12.16 Toyota Motor Corp.
Exhibit 180: Toyota Motor Corp. - Overview
Exhibit 181: Toyota Motor Corp. - Business segments
Exhibit 182: Toyota Motor Corp. - Key offerings
Exhibit 183: Toyota Motor Corp. - Segment focus
12.17 Volkswagen AG
Exhibit 184: Volkswagen AG - Overview
Exhibit 185: Volkswagen AG - Business segments
Exhibit 186: Volkswagen AG - Key offerings
Exhibit 187: Volkswagen AG - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 188: Inclusions checklist
Exhibit 189: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 190: Currency conversion rates for US$
13.4 Research methodology
Exhibit 191: Research methodology
Exhibit 192: Validation techniques employed for market sizing
Exhibit 193: Information sources
13.5 List of abbreviations
Exhibit 194: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Fuel Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Vendor Market Positioning
Exhibits 10: Parent market
Exhibits 11: Market Characteristics
Exhibits 12: Offerings of vendors included in the market definition
Exhibits 13: Market segments
Exhibits 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 18: Historic Market Size - Data Table on global suv market 2018 - 2022 ($ billion)
Exhibits 19: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ billion)
Exhibits 20: Historic Market Size - Fuel Type Segment 2018 - 2022 ($ billion)
Exhibits 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits 23: Five forces analysis - Comparison between 2023 and 2028
Exhibits 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 29: Chart on Market condition - Five forces 2023 and 2028
Exhibits 30: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 31: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 32: Chart on Comparison by Vehicle Type
Exhibits 33: Data Table on Comparison by Vehicle Type
Exhibits 34: Chart on Medium-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 35: Data Table on Medium-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 36: Chart on Medium-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 37: Data Table on Medium-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 38: Chart on Crossover and compact SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 39: Data Table on Crossover and compact SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 40: Chart on Crossover and compact SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 41: Data Table on Crossover and compact SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 42: Chart on Large-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 43: Data Table on Large-sized SUVs - Market size and forecast 2023-2028 ($ billion)
Exhibits 44: Chart on Large-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 45: Data Table on Large-sized SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 46: Market opportunity by Vehicle Type ($ billion)
Exhibits 47: Data Table on Market opportunity by Vehicle Type ($ billion)
Exhibits 48: Chart on Fuel Type - Market share 2023-2028 (%)
Exhibits 49: Data Table on Fuel Type - Market share 2023-2028 (%)
Exhibits 50: Chart on Comparison by Fuel Type
Exhibits 51: Data Table on Comparison by Fuel Type
Exhibits 52: Chart on Gasoline - Market size and forecast 2023-2028 ($ billion)
Exhibits 53: Data Table on Gasoline - Market size and forecast 2023-2028 ($ billion)
Exhibits 54: Chart on Gasoline - Year-over-year growth 2023-2028 (%)
Exhibits 55: Data Table on Gasoline - Year-over-year growth 2023-2028 (%)
Exhibits 56: Chart on Hybrid and electric SUV - Market size and forecast 2023-2028 ($ billion)
Exhibits 57: Data Table on Hybrid and electric SUV - Market size and forecast 2023-2028 ($ billion)
Exhibits 58: Chart on Hybrid and electric SUV - Year-over-year growth 2023-2028 (%)
Exhibits 59: Data Table on Hybrid and electric SUV - Year-over-year growth 2023-2028 (%)
Exhibits 60: Chart on Diesel - Market size and forecast 2023-2028 ($ billion)
Exhibits 61: Data Table on Diesel - Market size and forecast 2023-2028 ($ billion)
Exhibits 62: Chart on Diesel - Year-over-year growth 2023-2028 (%)
Exhibits 63: Data Table on Diesel - Year-over-year growth 2023-2028 (%)
Exhibits 64: Market opportunity by Fuel Type ($ billion)
Exhibits 65: Data Table on Market opportunity by Fuel Type ($ billion)
Exhibits 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 67: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 68: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 69: Chart on Geographic comparison
Exhibits 70: Data Table on Geographic comparison
Exhibits 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 79: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 80: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits 81: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 82: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 83: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 84: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits 85: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 86: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 87: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 88: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits 89: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 90: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 91: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 92: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibits 93: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 94: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 95: Chart on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 96: Data Table on India - Market size and forecast 2023-2028 ($ billion)
Exhibits 97: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibits 98: Data Table on India - Year-over-year growth 2023-2028 (%)
Exhibits 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 103: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 104: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibits 105: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 106: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 107: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 108: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibits 109: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 110: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 111: Market opportunity By Geographical Landscape ($ billion)
Exhibits 112: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits 113: Impact of drivers and challenges in 2023 and 2028
Exhibits 114: Overview on Criticality of inputs and Factors of differentiation
Exhibits 115: Overview on factors of disruption
Exhibits 116: Impact of key risks on business
Exhibits 117: Vendors covered
Exhibits 118: Matrix on vendor position and classification
Exhibits 119: AB Volvo - Overview
Exhibits 120: AB Volvo - Business segments
Exhibits 121: AB Volvo - Key news
Exhibits 122: AB Volvo - Key offerings
Exhibits 123: AB Volvo - Segment focus
Exhibits 124: Bayerische Motoren Werke AG - Overview
Exhibits 125: Bayerische Motoren Werke AG - Business segments
Exhibits 126: Bayerische Motoren Werke AG - Key news
Exhibits 127: Bayerische Motoren Werke AG - Key offerings
Exhibits 128: Bayerische Motoren Werke AG - Segment focus
Exhibits 129: BYD Co. Ltd. - Overview
Exhibits 130: BYD Co. Ltd. - Business segments
Exhibits 131: BYD Co. Ltd. - Key offerings
Exhibits 132: BYD Co. Ltd. - Segment focus
Exhibits 133: Ford Motor Co. - Overview
Exhibits 134: Ford Motor Co. - Business segments
Exhibits 135: Ford Motor Co. - Key offerings
Exhibits 136: Ford Motor Co. - Segment focus
Exhibits 137: General Motors Co. - Overview
Exhibits 138: General Motors Co. - Business segments
Exhibits 139: General Motors Co. - Key news
Exhibits 140: General Motors Co. - Key offerings
Exhibits 141: General Motors Co. - Segment focus
Exhibits 142: Mazda Motor Corp. - Overview
Exhibits 143: Mazda Motor Corp. - Business segments
Exhibits 144: Mazda Motor Corp. - Key news
Exhibits 145: Mazda Motor Corp. - Key offerings
Exhibits 146: Mazda Motor Corp. - Segment focus
Exhibits 147: Mercedes Benz Group AG - Overview
Exhibits 148: Mercedes Benz Group AG - Business segments
Exhibits 149: Mercedes Benz Group AG - Key news
Exhibits 150: Mercedes Benz Group AG - Key offerings
Exhibits 151: Mercedes Benz Group AG - Segment focus
Exhibits 152: Mitsubishi Motors Corp. - Overview
Exhibits 153: Mitsubishi Motors Corp. - Business segments
Exhibits 154: Mitsubishi Motors Corp. - Key offerings
Exhibits 155: Mitsubishi Motors Corp. - Segment focus
Exhibits 156: Nissan Motor Co. Ltd. - Overview
Exhibits 157: Nissan Motor Co. Ltd. - Business segments
Exhibits 158: Nissan Motor Co. Ltd. - Key news
Exhibits 159: Nissan Motor Co. Ltd. - Key offerings
Exhibits 160: Nissan Motor Co. Ltd. - Segment focus
Exhibits 161: Renault SAS - Overview
Exhibits 162: Renault SAS - Product/Service
Exhibits 163: Renault SAS - Key news
Exhibits 164: Renault SAS - Key offerings
Exhibits 165: Stellantis NV - Overview
Exhibits 166: Stellantis NV - Business segments
Exhibits 167: Stellantis NV - Key news
Exhibits 168: Stellantis NV - Key offerings
Exhibits 169: Stellantis NV - Segment focus
Exhibits 170: Tata Motors Ltd. - Overview
Exhibits 171: Tata Motors Ltd. - Business segments
Exhibits 172: Tata Motors Ltd. - Key news
Exhibits 173: Tata Motors Ltd. - Key offerings
Exhibits 174: Tata Motors Ltd. - Segment focus
Exhibits 175: Tesla Inc. - Overview
Exhibits 176: Tesla Inc. - Business segments
Exhibits 177: Tesla Inc. - Key news
Exhibits 178: Tesla Inc. - Key offerings
Exhibits 179: Tesla Inc. - Segment focus
Exhibits 180: Toyota Motor Corp. - Overview
Exhibits 181: Toyota Motor Corp. - Business segments
Exhibits 182: Toyota Motor Corp. - Key offerings
Exhibits 183: Toyota Motor Corp. - Segment focus
Exhibits 184: Volkswagen AG - Overview
Exhibits 185: Volkswagen AG - Business segments
Exhibits 186: Volkswagen AG - Key offerings
Exhibits 187: Volkswagen AG - Segment focus
Exhibits 188: Inclusions checklist
Exhibits 189: Exclusions checklist
Exhibits 190: Currency conversion rates for US$
Exhibits 191: Research methodology
Exhibits 192: Validation techniques employed for market sizing
Exhibits 193: Information sources
Exhibits 194: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global SUV market: AB Volvo, Bayerische Motoren Werke AG, BYD Co. Ltd., China FAW Group Co. Ltd., Ford Motor Co., General Motors Co., Honda Motor Co. Ltd., Hyundai Motor Co., Mahindra and Mahindra Ltd., Mazda Motor Corp., Mercedes Benz Group AG, Mitsubishi Motors Corp., Nissan Motor Co. Ltd., Renault SAS, SAIC Motor Corp. Ltd., Stellantis NV, Tata Motors Ltd., Tesla Inc., Toyota Motor Corp., and Volkswagen AG.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is rapid development of electric and hybrid SUVs.'

According to the report, one of the major drivers for this market is the increased preference for safety and comfort driving sales of SUVs.

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
  • BYD Co. Ltd.
  • China FAW Group Co. Ltd.
  • Ford Motor Co.
  • General Motors Co.
  • Honda Motor Co. Ltd.
  • Hyundai Motor Co.
  • Mahindra and Mahindra Ltd.
  • Mazda Motor Corp.
  • Mercedes Benz Group AG
  • Mitsubishi Motors Corp.
  • Nissan Motor Co. Ltd.
  • Renault SAS
  • SAIC Motor Corp. Ltd.
  • Stellantis NV
  • Tata Motors Ltd.
  • Tesla Inc.
  • Toyota Motor Corp.
  • Volkswagen AG