SUV Market Trend Analysis

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• SUV Market Trend Analysis worth 30.2 Million
  Units by 2020

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The global SUV and sub-compact SUV market is
projected to reach 30.2 million units by 2020,
growing at a CAGR of 5.36 during the forecast
period. The SUV and sub-compact SUV market has
witnessed considerable growth in countries such
as the U.S., China, india, and mexico, owing to
its low cost and compactness (compared to
full-sized suvs), stylistic design, and high
maneuverability.
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Target Audience

• Manufacturers of SUV, sub-compact-SUV,
  Crossovers, and MPV
• Component suppliers to the aforementioned vehicle
  types
• Dealers and distributors
• Automotive industry associations
• Investment firms
• Equity research firms
• Private equity firms
• Governments and regulatory authorities

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Scope of the SUV Market

• By Vehicle Type (SUV, sub-compact SUV, crossover,
  and MUV/MPV)
• Roadmap (by region and by vehicle type)
• Competitive Benchmarking
• Demographics
• By Region (North America, Asia-Oceania, Europe,
  and RoW)

The SUV sub-compact SUVs market in terms of
production, is projected to reach 30.2 million
units by 2020, growing at a CAGR of 5.36. The
SUV sub-compact SUV market has witnessed
considerable growth in countries such as the
U.S., China, India, and Mexico, owing to the low
cost, compact size, stylistic design, and better
maneuverability among others.
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Key players of SUV Market

• Ford Motor Company (the U.S.)
• Toyota Corporation (Japan)
• Honda Motor Company (Japan)
• Hyundai Motor Company (South Korea)
• General Motors (the U.S.).

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Asia-oceania driving the market for suvs and
sub-compact suvsThe asia-oceania SUV and
sub-compact SUV market is poised to register the
highest CAGR during the forecast period. This can
be primarily attributed to the strong state
support, availability of economical domestic
resources, and emerging economies in the region,
particularly china and india. Major oems are
investing heavily in the region, prompted by
factors such as young demographics and the
expanding middle class. The production of suvs
and sub-compact suvs is expected to increase in
countries such as china and india, owing to
availability of cost-effective labor and
favorable government policies. For instance, the
government of india has allowed 100 foreign
direct investment (FDI) with no minimum
investment criteria for the automotive sector.
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SUV Market Trend Analysis by Production, Sale
Type (SUV, Sub-Compact SUV, Crossover, MPV),
Demographics Economy (Population, Median Age,
Per Capita Income, Unemployment Ratio their
Correlation Coefficient), by Competitive
Benchmarking - Forecast to 2020This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.

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