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SUV Market by Type (Mini, Compact, Mid- & Full-Size, MPV), Propulsion (Diesel, Gasoline, Electric), Class (B, C, D, E), Seating Capacity (5 Seater,>5 seater), EV Type (BEV, PHEV, FCEV), Sales (Compact, Mid- & Full-Size) & Region - Global Forecast to 2027

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Date: 12-Oct-2022
No. of pages: 249
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"The advanced comfort and automatic safety features premium SUVs offer, and benefits like better maneuverability, larger space, and better comfort compared with sedans, are drawing the consumer inclination towards compact SUVs in developing countries. Alternatively, shifting trend towards electric & hybrid SUVs owing to similar benefits is set to fuel the SUV market during the forecast period."

The SUV market is projected to grow from USD 885.8 billion in 2022 to USD 1,221.7 billion in 2027, at a CAGR of 6.6%.The SUVs are well known for using high-end materials and have a sporty look. The off-road capabilities of SUVs are driving their demand in US and European countries. The growing demand for premium cars with increased comfort features would create potential demand for luxury SUVs in the coming years. Similarly, the increasing trend of electrification worldwide would create demand for electric SUVs and components such as batteries and motors.

Strong demand for SUVs is noticed in countries such as China, India, and Japan, where the demand for entry-level and mid-sized SUVs is growing in India and China. The key reasons for this growth are – multiple SUV launches with advanced features by almost all OEMs, competitive pricing of compact SUVs as compared with sedans, and other benefits offered by SUVs such as high ground clearance, robustness, and maneuverability.

"5-seater segment would lead the SUV market."

All the mini, compact, and some mid-size SUVs are offered with 2-row seats and five-passenger seating capability. The demand for mini, compact and mid-size SUVs in the Asia Pacific and European are expected to drive this segment. Rising per capita income, growing prosperity, and urbanization in Asian countries influence young buyers to choose stylishly and feature-rich cars, which ultimately would drive the 5-seater SUV market in the Asia Pacific. Further, premium mid-size SUVs have noticed substantial demand in European countries as these cars with 5-seater configurations offer large seating space and larger boot space. Due to this, many European OEMs such as Volkswagen, BMW, Mercedes-Benz, Skoda, and Audi provide a broad portfolio of mid-size SUVs to gain a competitive edge in the regional market. These factors together fuel the 5-seater SUV market in these regions.

"Class D SUV segment holds the largest market share in SUV market."

The class D SUVs accounted for the largest market share in the global SUV market, owing to the rising adoption of class D SUVs in developing countries such as India, China, and Thailand. Further, class-D SUVs are mostly mid-size and full-size SUVs with two or three rows of seating options and ample boot space. These vehicles are equipped with powerful engines with 4-wheel or all-wheel drive options, providing better tractability. Plus, SUVs under this class are available in mid to premium price range, which allows OEMs to include descent features to improve in-vehicle feel and comfort. OEMs such as Volkswagen, Lexus, Mercedes-Benz, BMW, Cadillac, Land Rover, and Buick deliver a broad array of SUVs in the global market. Hence, the demand for the class D segment will continue to grow.

Americas is estimated to be the second largest SUV market

Americas accounted to be the second largest market for SUVs. The region has a higher demand for passenger vehicles, particularly for premium SUVs (D segment and above), due to strong buying power with higher adoption of advanced vehicles. These premium SUVs are installed with advanced safety and comfort features. In 2021, the production of luxury SUVs in the US out of total luxury cars stood at around 75%. The factors attributing to the growth of premium SUVs in the region are consumer requirement for powerful engine performance, higher driving position, multiple driving modes (sports, adventure, mud, snow, etc.), off-roading capabilities with 4x4 drive, larger & comfortable seats, better cargo and towing capacity among others. With increasing premium SUV sales, the region's demand for premium mid-size and full-size SUVs are expected to grow.

The automotive industry of the Americas is home to the big three, Ford Motor Company, General Motors, and Fiat Chrysler Automobiles (FCA), which have favored and experienced significant demand for premium mid-size and full-size SUVs. The US is the largest market in the region and accounts for more than two-thirds of the overall market, followed by Mexico and Canada. The big three hold the market strongly, along with established European and Asian OEMs such as Toyota, Nissan, Honda, Hyundai/Kia, BMW Group, and Volkswagen Group. Almost every OEM offers gasoline SUVs as a standard feature and diesel engines as an option. This allows consumers to choose which variants they want to go ahead with, while OEMs choose best practices to achieve the target of lower emissions at the regional level.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and strategy directors, and executives from various key organizations operating in this market.


  • By Company Type: OEMs –90%, and Tier 1 – 10%

  • By Designation: C Level Executives -     10%, Directors- 70%, and Others – 20%

  • By Region: Asia Pacific - 50%,Europe– 10%,North America–30%, RoW- 10%


Toyota Motor Corporation (Japan), Hyundai Motor Company (South Korea), Honda Motor (Japan), General Motors (US), Ford Motor Company (US), and Stellantis (Netherland) are the leading providers of SUVs in the global market.

Research Coverage:

The SUV market is segmented based on Type (ICE) (mini, compact, mid-size, full-size, and MPV/MUV), seating capacity (5-seater, and >5-seater), propulsion (diesel, gasoline, and electric), class (B class, C class, D class, and E class) electric & hybrid SUV by EV type (BEV, PHEV, and FCEV), and region (Asia Pacific, Europe, and Americas).

The study also includes an in-depth competitive analysis of the major SUV manufacturers in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders in this market with the information on the closest approximations of the revenue numbers for the overall SUV market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market's pulse and provides information on key market drivers, restraints, challenges, and opportunities. This report would also helps OEMs and Tier 1 suppliers to understand current and future market for different SUV types across all prominent countries of considered region. It will also provide future market outlook for electric and hybrid versions of SUVs which is expected to bring key future growth prospects at global level

SUV Market by Type (Mini, Compact, Mid- & Full-Size, MPV), Propulsion (Diesel, Gasoline, Electric), Class (B, C, D, E), Seating Capacity (5 Seater,>5 seater), EV Type (BEV, PHEV, FCEV), Sales (Compact, Mid- & Full-Size) & Region - Global Forecast to 2027

Table Of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
Figure 1 SUV Market: Market Segmentation
1.3.1 SUV (ICE) Market, By Region
1.3.2 Years Considered
1.4 Currency Considered
1.5 Limitations
1.6 Stakeholders
1.7 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 2 SUV Market: Research Design
Figure 3 Research Design Model
2.1.1 Secondary Data
2.1.1.1 Key Secondary Sources For Ice SUV Production And Electric SUV Sales
2.1.1.2 Key Data From Secondary Sources
2.1.2 Primary Data
Figure 4 Breakdown Of Primary Interviews
2.1.2.1 Sampling Techniques And Data Collection Methods
2.1.2.2 Primary Participants
2.2 Market Size Estimation
Figure 5 Research Methodology: Hypothesis Building
2.2.1 Bottom-Up Approach
Figure 6 Bottom-Up Approach
2.2.2 Factor Analysis For Market Sizing: Demand- And Supply-Sides
2.3 Market Breakdown And Data Triangulation
Figure 7 Data Triangulation
2.4 Factor Analysis
2.5 Assumptions And Associated Risks
2.5.1 Research Assumptions
2.5.2 Market Assumptions
Table 1 Assumptions, Associated Risks, And Impact
2.6 Limitations

3 Executive Summary
3.1 Report Summary
Figure 8 SUV Market, By Region (Ice), 2022 Vs. 2027 (Usd Million)
3.2 SUV Production Vs. Sales Comparison Outlook
Figure 9 SUV Production Vs. Sales Comparison (Thousand Units), 2018–2021

4 Premium Insights
4.1 Attractive Opportunities In Market
Figure 10 Growing Demand For Premium Vehicles With Comfort Features,Consumer Inclination Toward Upright Driving Experience, And Rising Demand Forelectric Vehicles To Drive Market
4.2 Market, By Type (Ice)
Figure 11 Mid-Size SUV Segment To Hold Largest Market
4.3 Market, By Seating Capacity (Ice)
Figure 12 5 Seater SUV To Lead Global Market During Forecast Period
4.4 Market, By Class (Ice)
Figure 13 D Segment To Showcase Largest Market Share During Forecast Period
4.5 Market, By Propulsion Type (Ice)
Figure 14 Gasoline SUVs Projected To Hold Largest Market Share Duringforecast Period
4.6 Electric And Hybrid Market, By Ev Type
Figure 15 Fcev Segment To Grow At Highest Cagr During Forecast Period
4.7 Market, By Region
Figure 16 Asia Pacific To Acquire Largest Market Share During Forecast Period
4.8 Market, By Region (Ice)
Figure 17 Asia Pacific Expected To Dominate Market During Forecast Period

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 SUV Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Demand For Premium Vehicles With Advanced Features
Figure 19 Luxury SUV Production (D And E Segments), 2018–2021(Thousand Units)
5.2.1.2 Consumer Inclination Toward Compact SUVs
Table 2 Oem Vs. Propulsion Type Vs. Compact SUV Models, 2021
5.2.2 Restraints
5.2.2.1 High Cost Of SUVs
Table 3 Full-Size SUV Price Range, 2021
5.2.3 Opportunities
5.2.3.1 Electrification Of SUVs
Table 4 Top Electric SUV Models, Sales, And Price Range, 2021
Table 5 List Of Launched And Upcoming Electric SUV Models, 2021–2022
5.2.4 Challenges
5.2.4.1 Challenges In Meeting Fuel Economy And Emission Limits
5.3 Trends/Disruptions Impacting Buyers
Figure 20 Trends/Disruptions Impacting Buyers
5.4 Market Scenario
Figure 21 Market Scenario, 2018–2027 (Usd Million)
5.4.1 Realistic Scenario
Table 6 Market (Realistic Scenario), By Region, 2018–2027 (Usd Billion)
5.4.2 Low Impact Scenario
Table 7 Market (Low Impact Scenario), By Region, 2018–2027 (Usd Billion)
5.4.3 High Impact Scenario
Table 8 Market (High Impact Scenario), By Region, 2018–2027 (Usd Billion)
5.5 Porter's Five Forces Analysis
Figure 22 Porter's Five Forces Analysis: Established Global Players Increasecompetition
5.5.1 Porter's Five Forces Analysis
5.5.2 Threat Of Substitutes
5.5.3 Threat Of New Entrants
5.5.4 Bargaining Power Of Buyers
5.5.5 Bargaining Power Of Suppliers
5.5.6 Intensity Of Competitive Rivalry
5.6 Market Ecosystem
Figure 23 Market Ecosystem
Table 9 Market: Role Of Companies In Ecosystem
5.7 Supply Chain Analysis
Figure 24 Supply Chain Analysis: Market
5.8 Pricing Analysis
5.8.1 Ice SUV Pricing, By Type And Region, 2021
5.8.2 Electric SUV Pricing, By Type And Region, 2021
5.9 Case Study Analysis
5.9.1 Success Of Renault Duster
5.9.2 Skoda Drives Brand Image And Purchase Intent For Kamiq SUV
5.9.3 Reducing Range Anxiety For Audi First All-Electric SUV
5.10 Trade Analysis
5.10.1 Import Data
Table 10 Import Trade Data, By Country, 2021
5.10.2 Export Data
Table 11 Export Trade Data, By Country, 2021
5.11 Key Conferences And Events In 2022–2023
Table 12 SUV Market: Detailed List Of Upcoming Conferences And Events
5.12 Technology Analysis
5.12.1 Development Of Advanced Technology
Figure 25 Adas Features In SUVs
5.12.2 Packaged Fuel Cell System Module
Figure 26 New Packaged Fuel Cell System Module By Toyota Motorcorporation
5.12.3 Head-Up Display (Hud)

6 SUV Sales, By Type
6.1 Introduction
Figure 27 SUV Sales, By Type, 2016 Vs. 2021 (Thousand Units)
Table 13 Global SUV Sales, By Type, 2016–2021 (Thousand Units)
6.2 Compact SUV
6.2.1 Asia Pacific
Table 14 Asia Pacific: Compact SUV Sales, By Country, 2016–2021 (Thousandunits)
6.2.2 Europe
Table 15 Europe: Compact SUV Sales, By Country, 2016–2021 (Thousand Units)
6.2.3 Americas
Table 16 Americas: Compact SUV Sales, By Country, 2016–2021 (Thousand Units)
6.3 Mid-Size SUV
6.3.1 Asia Pacific
Table 17 Asia Pacific: Mid-Size SUV Sales, By Country, 2016–2021 (Thousand Units)
6.3.2 Europe
Table 18 Europe: Mid-Size SUV Sales, By Country, 2016–2021 (Thousand Units)
6.3.3 Americas
Table 19 Americas: Mid-Size SUV Sales, By Country, 2016–2021 (Thousand Units)
6.4 Full-Size SUV
6.4.1 Asia Pacific
Table 20 Asia Pacific: Full-Size SUV Sales, By Country, 2016–2021 (Thousandunits)
6.4.2 Europe
Table 21 Europe: Full-Size SUV Sales, By Country, 2016–2021 (Thousand Units)
6.4.3 Americas
Table 22 Americas: Full-Size SUV Sales, By Country, 2016–2021 (Thousand Units)

7 SUV Market, By Type (Ice)
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights: Market, By Type
Figure 28 Market, By Type, 2022 Vs. 2027 (Usd Million)
Table 23 Market, By Type, 2018–2021 (Thousand Units)
Table 24 Market, By Type, 2022–2027 (Thousand Units)
Table 25 Market, By Type, 2018–2021 (Usd Million)
Table 26 Market, By Type, 2022–2027 (Usd Million)
7.2 Mini SUV
7.2.1 Lower Ownership Cost, Rugged Styling, And Comfort Features
Table 27 Mini Market, By Region, 2018–2021 (Thousand Units)
Table 28 Mini Market, By Region, 2022–2027 (Thousand Units)
Table 29 Mini Market, By Region, 2018–2021 (Usd Million)
Table 30 Mini Market, By Region, 2022–2027 (Usd Million)
7.3 Compact SUV
7.3.1 Dominated By Asia Pacific
Table 31 Compact Market, By Region, 2018–2021 (Thousand Units)
Table 32 Compact Market, By Region, 2022–2027 (Thousand Units)
Table 33 Compact Market, By Region, 2018–2021 (Usd Million)
Table 34 Compact Market, By Region, 2022–2027 (Usd Million)
7.4 Mid-Size SUV
7.4.1 Better Functionality And Practical Features
Table 35 Mid-Size Market, By Region, 2018–2021 (Thousand Units)
Table 36 Mid-Size Market, By Region, 2022–2027 (Thousand Units)
Table 37 Mid-Size Market, By Region, 2018–2021 (Usd Million)
Table 38 Mid-Size Market, By Region, 2022–2027 (Usd Million)
7.5 Full-Size SUV
7.5.1 Larger Passenger And Cargo Space And Superior Engine Performance
Table 39 Full-Size Market, By Region, 2018–2021 (Thousand Units)
Table 40 Full-Size Market, By Region, 2022–2027 (Thousand Units)
Table 41 Full-Size Market, By Region, 2018–2021 (Usd Million)
Table 42 Full-Size Market, By Region, 2022–2027 (Usd Million)
7.6 Mpv/Muv
7.6.1 Led By Asia Pacific And Europe
Table 43 Mpv/Muv Market, By Region, 2018–2021 (Thousand Units)
Table 44 Mpv/Muv Market, By Region, 2022–2027 (Thousand Units)
Table 45 Mpv/ Muv Market, By Region, 2018–2021 (Usd Million)
Table 46 Mpv/Muv Market, By Region, 2022–2027 (Usd Million)

8 SUV Market, By Propulsion Type
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights: Market, By Propulsion Type
Figure 29 Market, By Propulsion Type, 2022 Vs. 2027 (Usd Million)
Table 47 Market, By Propulsion Type, 2018–2021 (Thousand Units)
Table 48 Market, By Propulsion Type, 2022–2027 (Thousand Units)
Table 49 Market, By Propulsion Type, 2018–2021 (Usd Million)
Table 50 Market, By Propulsion Type, 2022–2027 (Usd Million)
8.2 Gasoline
8.2.1 Cleaner Fuel With Enhanced Performance
Table 51 Gasoline Market, By Region, 2018–2021 (Thousand Units)
Table 52 Gasoline Market, By Region, 2022–2027 (Thousand Units)
Table 53 Gasoline Market, By Region, 2018–2021 (Usd Million)
Table 54 Gasoline Market, By Region, 2022–2027 (Usd Million)
8.3 Diesel
8.3.1 Higher Demand In Future
Table 55 Diesel Market, By Region, 2018–2021 (Thousand Units)
Table 56 Diesel Market, By Region, 2022–2027 (Thousand Units)
Table 57 Diesel Market, By Region, 2018–2021 (Usd Million)
Table 58 Diesel Market, By Region, 2022–2027 (Usd Million)
8.4 Electric
8.4.1 Strict Emission Norms And Higher Fuel Efficiency
Table 59 Electric Market, By Region, 2018–2021 (Thousand Units)
Table 60 Electric Market, By Region, 2022–2027 (Thousand Units)
Table 61 Electric Market, By Region, 2018–2021 (Usd Million)
Table 62 Electric Market, By Region, 2022–2027 (Usd Million)

9 SUV Market, By Class (Ice)
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions
9.1.3 Industry Insights: Market, By Class
Figure 30 Market, By Class, 2022 Vs. 2027 (Usd Million)
Table 63 Market, By Class, 2018–2021 (Thousand Units)
Table 64 Market, By Class, 2022–2027 (Thousand Units)
Table 65 Market, By Class, 2018–2021 (Usd Million)
Table 66 Market, By Class, 2022–2027 (Usd Million)
9.2 Class B
9.2.1 Highest Demand In Asia Pacific
Table 67 Class B Market, By Region, 2018–2021 (Thousand Units)
Table 68 Class B Market, By Region, 2022–2027 (Thousand Units)
Table 69 Class B Market, By Region, 2018–2021 (Million Usd)
Table 70 Class B Market, By Region, 2022–2027 (Million Usd)
9.3 Class C
9.3.1 Increasing Demand For Compact SUVs
Table 71 Class C Market, By Region, 2018–2021 (Thousand Units)
Table 72 Class C Market, By Region, 2022–2027 (Thousand Units)
Table 73 Class C Market, By Region, 2018–2021 (Usd Million)
Table 74 Class C Market, By Region, 2022–2027 (Usd Million)
9.4 Class D
9.4.1 Improved Convenience With Off-Roading Capabilities
Table 75 Class D Market, By Region, 2018–2021 (Thousand Units)
Table 76 Class D Market, By Region, 2022–2027 (Thousand Units)
Table 77 Class D Market, By Region, 2018–2021 (Usd Million)
Table 78 Class D Market, By Region, 2022–2027 (Usd Million)
9.5 Class E
9.5.1 Higher Demand For Full-Size SUVs With Advanced Comfort Features
Table 79 Class E Market, By Region, 2018–2021 (Thousand Units)
Table 80 Class E Market, By Region, 2022–2027 (Thousand Units)
Table 81 Class E Market, By Region, 2018–2021 (Usd Million)
Table 82 Class E Market, By Region, 2022–2027 (Usd Million)

10 SUV Market, By Seating Capacity (Ice)
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions
10.1.3 Industry Insights: Market, By Seating Capacity
Figure 31 Market, By Seating Capacity, 2022 Vs. 2027 (Usd Million)
Table 83 Market, By Seating Capacity, 2018–2021 (Thousand Units)
Table 84 Market, By Seating Capacity, 2022–2027 (Thousand Units)
Table 85 Market, By Seating Capacity, 2018–2021 (Usd Million)
Table 86 Market, By Seating Capacity, 2022–2027 (Usd Million)
10.2 5 Seater
10.2.1 Demand For Compact SUVs In Developing Countries
Table 87 5 Seater Market, By Region, 2018–2021 (Thousand Units)
Table 88 5 Seater Market, By Region, 2022–2027 (Thousand Units)
Table 89 5 Seater Market, By Region, 2018–2021 (Usd Million)
Table 90 5 Seater Market, By Region, 2022–2027 (Usd Million)
10.3 >5 Seater
10.3.1 High Demand And Inclination For Full-Size SUVs
Table 91 >5 Seater Market, By Region, 2018–2021 (Thousand Units)
Table 92 >5 Seater Market, By Region, 2022–2027 (Thousand Units)
Table 93 >5 Seater Market, By Region, 2018–2021 (Usd Million)
Table 94 >5 Seater Market, By Region, 2022–2027 (Usd Million)

11 Electric SUV Market, By Electric Vehicle Type
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights: Electric Market, By Ev Type
Figure 32 Electric SUV Market, By Ev Type, 2022 Vs. 2027 (Usd Million)
Table 95 Electric And Hybrid Market, By Ev Type, 2018–2021 (Thousand Units)
Table 96 Electric And Hybrid Market, By Ev Type, 2022–2027 (Thousand Units)
Table 97 Electric And Hybrid Market, By Ev Type, 2018–2021 (Usd Million)
Table 98 Electric And Hybrid Market, By Ev Type, 2022–2027 (Usd Million)
11.2 Bev
11.2.1 Increasing Development Of High-Range Batteries And Fast Charginginfrastructure
Table 99 Bev Market, By Region, 2018–2021 (Thousand Units)
Table 100 Bev Market, By Region, 2022–2027 (Thousand Units)
Table 101 Bev Market, By Region, 2018–2021 (Usd Million)
Table 102 Bev Market, By Region, 2022–2027 (Usd Million)
11.3 Phev
11.3.1 Tax Relaxation And Government Incentives
Table 103 Phev Market, By Region, 2018–2021 (Thousand Units)
Table 104 Phev Market, By Region, 2022–2027 (Thousand Units)
Table 105 Phev Market, By Region, 2018–2021 (Usd Million)
Table 106 Phev Market, By Region, 2022–2027 (Usd Million)
11.4 Fcev
11.4.1 Increased Investment To Develop Models
Table 107 Fcev Market, By Region, 2018–2021 (Thousand Units)
Table 108 Fcev Market, By Region, 2022–2027 (Thousand Units)
Table 109 Fcev Market, By Region, 2018–2021 (Usd Million)
Table 110 Fcev Market, By Region, 2022–2027 (Usd Million)

12 SUV Market, By Region
12.1 Introduction
12.1.1 Research Methodology
12.1.2 Assumptions
12.1.3 Industry Insights: Market, By Type And Region
Figure 33 Market By Region, 2022 Vs. 2027 (Usd Billion)
Table 111 Market, By Region, 2018–2021 (Thousand Units)
Table 112 Market, By Region, 2022–2027 (Thousand Units)
Table 113 Market, By Region, 2018–2021 (Usd Million)
Table 114 Market, By Region, 2022–2027 (Usd Million)
12.2 Asia Pacific
Figure 34 Asia Pacific: Market Snapshot
Table 115 Asia Pacific: Market, By Country, 2018–2021 (Thousand Units)
Table 116 Asia Pacific: Market, By Country, 2022–2027 (Thousand Units)
Table 117 Asia Pacific: Market, By Country, 2018–2021 (Usd Million)
Table 118 Asia Pacific: Market, By Country, 2022–2027 (Usd Million)
12.2.1 China
12.2.1.1 High Passenger Vehicle Demand
Table 119 China: Market, By Type, 2018–2021 (Thousand Units)
Table 120 China: Market, By Type, 2022–2027 (Thousand Units)
Table 121 China: Market, By Type, 2018–2021 (Usd Million)
Table 122 China: Market, By Type, 2022–2027 (Usd Million)
12.2.2 India
12.2.2.1 Growth In Demand For Compact SUVs
Table 123 India: Market, By Type, 2018–2021 (Thousand Units)
Table 124 India: Market, By Type, 2022–2027 (Thousand Units)
Table 125 India: Market, By Type, 2018–2021 (Usd Million)
Table 126 India: Market, By Type, 2022–2027 (Usd Million)
12.2.3 Japan
12.2.3.1 Preference For Advanced Features With Improved Cabin Comfort
Table 127 Japan: Market, By Type, 2018–2021 (Thousand Units)
Table 128 Japan: Market, By Type, 2022–2027 (Thousand Units)
Table 129 Japan: Market, By Type, 2018–2021 (Usd Million)
Table 130 Japan: Market, By Type, 2022–2027 (Usd Million)
12.2.4 South Korea
12.2.4.1 Increased Demand For Luxury Cars
Table 131 South Korea: Market, By Type, 2018–2021 (Thousand Units)
Table 132 South Korea: Market, By Type, 2022–2027 (Thousand Units)
Table 133 South Korea: Market, By Type, 2018–2021 (Usd Million)
Table 134 South Korea: Market, By Type, 2022–2027 (Usd Million)
12.2.5 Indonesia
12.2.5.1 High Demand For Mpvs For Nuclear Families
Table 135 Indonesia: Market, By Type, 2018–2021 (Thousand Units)
Table 136 Indonesia: Market, By Type, 2022–2027 (Thousand Units)
Table 137 Indonesia: Market, By Type, 2018–2021 (Usd Million)
Table 138 Indonesia: Market, By Type, 2022–2027 (Usd Million)
12.2.6 Asia Pacific Others
12.2.6.1 Developing Countries With Rising Disposable Income
Table 139 Asia Pacific Others: Market, By Type, 2018–2021 (Thousandunits)
Table 140 Asia Pacific Others: Market, By Type, 2022–2027 (Thousandunits)
Table 141 Asia Pacific Others: Market, By Type, 2018–2021 (Usd Million)
Table 142 Asia Pacific Others: Market, By Type, 2022–2027 (Usd Million)
12.3 Europe
Figure 35 Europe: Market, 2022–2027 (Usd Million)
Table 143 Europe: Market, By Country, 2018–2021 (Thousand Units)
Table 144 Europe: Market, By Country, 2022–2027 (Thousand Units)
Table 145 Europe: Market, By Country, 2018–2021 (Usd Million)
Table 146 Europe: Market, By Country, 2022–2027 (Usd Million)
12.3.1 Germany
12.3.1.1 High Demand For Premium Cars
Table 147 Germany: Market, By Type, 2018–2021 (Thousand Units)
Table 148 Germany: Market, By Type, 2022–2027 (Thousand Units)
Table 149 Germany: Market, By Type, 2018–2021 (Usd Million)
Table 150 Germany: Market, By Type, 2022–2027 (Usd Million)
12.3.2 France
12.3.2.1 Increased Demand For Premium Comfort Features
Table 151 France: Market, By Type, 2018–2021 (Thousand Units)
Table 152 France: Market, By Type, 2022–2027 (Thousand Units)
Table 153 France: Market, By Type, 2018–2021 (Usd Million)
Table 154 France: Market, By Type, 2022–2027 (Usd Million)
12.3.3 Italy
12.3.3.1 Presence Of Premium Vehicle Manufacturers
Table 155 Italy: Market, By Type, 2018–2021 (Thousand Units)
Table 156 Italy: Market, By Type, 2022–2027 (Thousand Units)
Table 157 Italy: Market, By Type, 2018–2021 (Usd Million)
Table 158 Italy: Market, By Type, 2022–2027 (Usd Million)
12.3.4 Spain
12.3.4.1 Increased Production Of Passenger Cars
Table 159 Spain: Market, By Type, 2018–2021 (Thousand Units)
Table 160 Spain: Market, By Type, 2022–2027 (Thousand Units)
Table 161 Spain: Market, By Type, 2018–2021 (Usd Million)
Table 162 Spain: Market, By Type, 2022–2027 (Usd Million)
12.3.5 Uk
12.3.5.1 Strict Emission Norms
Table 163 Uk: Market, By Type, 2018–2021 (Thousand Units)
Table 164 Uk: Market, By Type, 2022–2027 (Thousand Units)
Table 165 Uk: Market, By Type, 2018–2021 (Usd Million)
Table 166 Uk: Market, By Type, 2022–2027 (Usd Million)
12.3.6 Czech Republic
12.3.6.1 Growing Passenger Vehicle Segment
Table 167 Czech Republic: Market, By Type, 2018–2021 (Thousand Units)
Table 168 Czech Republic: Market, By Type, 2022–2027 (Thousand Units)
Table 169 Czech Republic: Market, By Type, 2018–2021 (Usd Million)
Table 170 Czech Republic: Market, By Type, 2022–2027 (Usd Million)
12.3.7 Slovakia
12.3.7.1 Hub Of Major Oems
Table 171 Slovakia: Market, By Type, 2018–2021 (Thousand Units)
Table 172 Slovakia: Market, By Type, 2022–2027 (Thousand Units)
Table 173 Slovakia: Market, By Type, 2018–2021 (Usd Million)
Table 174 Slovakia: Market, By Type, 2022–2027 (Usd Million)
12.3.8 Russia
12.3.8.1 Increasing Sales Of Passenger Cars
Table 175 Russia: SUV Market, By Type, 2018–2021 (Thousand Units)
Table 176 Russia: Market, By Type, 2022–2027 (Thousand Units)
Table 177 Russia: Market, By Type, 2018–2021 (Usd Million)
Table 178 Russia: Market, By Type, 2022–2027 (Usd Million)
12.3.9 Europe Others
12.3.9.1 Robust Growth In Production Capacities
Table 179 Europe Others: Market, By Type, 2018–2021 (Thousand Units)
Table 180 Europe Others: Market, By Type, 2022–2027 (Thousand Units)
Table 181 Europe Others: Market, By Type, 2018–2021 (Usd Million)
Table 182 Europe Others: Market, By Type, 2022–2027 (Usd Million)
12.4 Americas
Figure 36 Americas: SUV Market Snapshot
Table 183 Americas: Market, By Country, 2018–2021 (Thousand Units)
Table 184 Americas: Market, By Country, 2022–2027 (Thousand Units)
Table 185 Americas: Market, By Country, 2018–2021 (Usd Million)
Table 186 Americas: Market, By Country, 2022–2027 (Usd Million)
12.4.1 Us
12.4.1.1 High Demand For Powerful Vehicles For Off-Roading
Table 187 Us: Market, By Type, 2018–2021 (Thousand Units)
Table 188 Us: Market, By Type, 2022–2027 (Thousand Units)
Table 189 Us: Market, By Type, 2018–2021 (Usd Million)
Table 190 Us: Market, By Type, 2022–2027 (Usd Million)
12.4.2 Canada
12.4.2.1 Favorable Government Policies And Regulatory Standards
Table 191 Canada: Market, By Type, 2018–2021 (Thousand Units)
Table 192 Canada: Market, By Type, 2022–2027 (Thousand Units)
Table 193 Canada: Market, By Type, 2018–2021 (Usd Million)
Table 194 Canada: Market, By Type, 2022–2027 (Usd Million)
12.4.3 Mexico
12.4.3.1 Domestic Economic Stability To Drive Market
Table 195 Mexico: Market, By Type, 2018–2021 (Thousand Units)
Table 196 Mexico: Market, By Type, 2022–2027 (Thousand Units)
Table 197 Mexico: Market, By Type, 2018–2021 (Usd Million)
Table 198 Mexico: Market, By Type, 2022–2027 (Usd Million)
12.4.4 Brazil
12.4.4.1 Improving Infrastructure And Proximity To Us To Fuel Market
Table 199 Brazil: Market, By Type, 2018–2021 (Thousand Units)
Table 200 Brazil: Market, By Type, 2022–2027 (Thousand Units)
Table 201 Brazil: Market, By Type, 2018–2021 (Usd Million)
Table 202 Brazil: Market, By Type, 2022–2027 (Usd Million)

13 Recommendations By Marketsandmarkets
13.1 Asia Pacific To Be Major Market For SUVs
13.2 Adaptation Of Electric SUVs And Increased Connected And Advanced Featuresto Be Key Focus Areas For Manufacturers
13.3 Conclusion

14 Competitive Landscape
14.1 Overview
14.2 SUV Market Share Analysis, 2021
Table 203 Market Share Analysis For Market, 2021
Figure 37 Market Share Analysis Of Top Five Players, 2021
14.3 Revenue Analysis Of Top Listed/Public Players
Figure 38 Revenue Analysis Of Top Five Players
14.4 Competitive Evaluation Quadrant
14.4.1 Terminology
14.4.2 Stars
14.4.3 Emerging Leaders
14.4.4 Pervasive Companies
14.4.5 Participants
Figure 39 SUV Manufacturers: Competitive Evaluation Matrix, 2021
Table 204 Market: Company Product Footprint, 2021
Table 205 Market: Company Application Footprint, 2021
Table 206 Market: Company Region Footprint, 2021
14.5 Competitive Scenario
14.5.1 New Product Launches
Table 207 Product Launches, 2018–2022
14.5.2 Deals
Table 208 Deals, 2018–2022
14.5.3 Expansions
Table 209 Expansions, 2018–2022
14.6 Key Player Strategies/Right To Win, 2018–2022
Table 210 Companies Adopted New Product Developments And Expansion As Keygrowth Strategies, 2018–2022
14.7 Competitive Benchmarking
Table 211 SUV Market: Detailed List Of Key Players

15 Company Profiles
(Business Overview, Products Offered, Recent Developments & Mnm View)*
15.1 Key Players
15.1.1 Toyota Motor Corporation
Table 212 Toyota Motor Corporation: Key Brands
Table 213 Toyota Motor Corporation: Business Overview
Figure 40 Toyota Motor Corporation: Company Snapshot
Table 214 Toyota Motor Corporation: Product Launches
Table 215 Toyota Motor Corporation: Deals
Table 216 Toyota Motor Corporation: Expansions
15.1.2 Honda Motor Co., Ltd.
Table 217 Honda Motor Co., Ltd.: Key Brands
Table 218 Honda Motor Co., Ltd.: Business Overview
Figure 41 Honda Motor Co., Ltd.: Company Snapshot
Table 219 Honda Motor Co., Ltd.: Product Launches
Table 220 Honda Motor Co., Ltd.: Deals
Table 221 Honda Motor Co., Ltd.: Expansions
15.1.3 Hyundai Motor Company
Table 222 Hyundai Motor Company: Key Brands
Table 223 Hyundai Motor Company: Business Overview
Figure 42 Hyundai Motor Company: Company Snapshot
Table 224 Hyundai Motor Company: Product Launches
Table 225 Hyundai Motor Company: Expansions
15.1.4 General Motors
Table 226 General Motors: Key Brands
Table 227 General Motors: Business Overview
Figure 43 General Motors: Company Snapshot
Table 228 General Motors: Product Launches
Table 229 General Motors: Deals
Table 230 General Motors: Expansions
15.1.5 Stellantis N.V.
Table 231 Stellantis N.V.: Key Brands
Table 232 Stellantis N.V.: Business Overview
Figure 44 Stellantis N.V.: Company Snapshot
Table 233 Stellantis N.V.: Product Launches
Table 234 Stellantis N.V.: Deals
Table 235 Stellantis N.V.: Expansions
15.1.6 Volkswagen Ag
Table 236 Volkswagen Ag: Key Brands
Table 237 Volkswagen Ag: Business Overview
Figure 45 Volkswagen Ag: Company Snapshot
Table 238 Volkswagen Ag: Product Launches
Table 239 Volkswagen Ag: Deals
Table 240 Volkswagen Ag: Expansions
15.1.7 Ford Motor Company
Table 241 Ford Motor Company: Key Brands
Table 242 Ford Motor Company: Business Overview
Figure 46 Ford Motor Company: Company Snapshot
Table 243 Ford Motor Company: Product Launches
15.1.8 Mercedes-Benz
Table 244 Mercedes-Benz: Key Brands
Table 245 Mercedes-Benz: Business Overview
Figure 47 Mercedes-Benz: Company Snapshot
Table 246 Mercedes-Benz: Product Launches
Table 247 Mercedes-Benz: Deals
Table 248 Mercedes-Benz: Expansions
15.1.9 Bmw Group
Table 249 Bmw Group: Key Brands
Table 250 Bmw Group: Business Overview
Figure 48 Bmw Group: Company Snapshot
Table 251 Bmw Group: Product Launches
Table 252 Bmw Group: Deals
Table 253 Bmw Group: Expansions
15.1.10 Nissan Motors
Table 254 Nissan Motors: Business Overview
Figure 49 Nissan Motors: Company Snapshot
Table 255 Nissan Motors: Product Launches
Table 256 Nissan Motors: Deals
Table 257 Nissan Motors: Expansions
*Details On Business Overview, Products Offered, Recent Developments & Mnm View Might Not Be Captured Incase Of Unlisted Companies.
15.2 Additional Players
15.2.1 Renault Group
Table 258 Renault Group: Company Overview
15.2.2 Suzuki Motor Corporation
Table 259 Suzuki Motor Corporation: Company Overview
15.2.3 Subaru
Table 260 Subaru: Company Overview
15.2.4 Tata Motors
Table 261 Tata Motors: Company Overview
15.2.5 Mitsubishi Motors
Table 262 Mitsubishi Motors: Company Overview
15.2.6 Mahindra & Mahindra Limited
Table 263 Mahindra & Mahindra Limited: Company Overview
15.2.7 Volvo Car Corporation
Table 264 Volvo Car Corporation: Company Overview
15.2.8 Tesla, Inc.
Table 265 Tesla, Inc.: Company Overview
15.2.9 Mazda Motor Corporation
Table 266 Mazda Motor Corporation: Company Overview
15.2.10 Byd Company Ltd.
Table 267 Byd Company Ltd.: Company Overview
15.2.11 Isuzu Motors Limited
Table 268 Isuzu Motors Limited: Company Overview

16 Appendix
16.1 Key Insights From Industry Experts
16.2 Discussion Guide
16.3 Knowledgestore: Marketsandmarkets’ Subscription Portal
16.4 Customization Options
16.4.1 SUV Market, By Class And Country
16.4.1.1 B Segment
16.4.1.2 C Segment
16.4.1.3 D Segment
16.4.1.4 E Segment
16.4.2 Electric And Hybrid SUV Market, By Region And Country
16.4.2.1 Asia Pacific
16.4.2.1.1 China
16.4.2.1.2 India
16.4.2.1.3 Japan
16.4.2.1.4 South Korea
16.4.2.2 Europe
16.4.2.2.1 Germany
16.4.2.2.2 France
16.4.2.2.3 Uk
16.4.2.2.4 Sweden
16.4.2.2.5 Norway
16.4.2.2.6 Netherlands
16.4.2.3 North America
16.4.2.3.1 Us
16.4.2.3.2 Canada
16.5 Related Reports
16.6 Author Details

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