Global SUV Market Growth, Size, Trends Analysis - By SUV, By Propulsion, By Seating Capacity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034

Description

Global SUV Market Introduction and Overview

According to SPER market research, 'Global SUV Market Size- By SUV, By Propulsion, By Seating Capacity - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Global SUV Market is predicted to reach 1692.34 billion by 2034 with a CAGR of 6.24%.

A Sports Utility Vehicle, often referred to as an SUV, is a vehicle type that merges characteristics of passenger cars with those of off-road vehicles. SUVs are generally larger, more accommodating, and provide greater ground clearance than most conventional vehicles, making them a favored option for urban driving as well as for traversing rough terrains. The surging consumer demand for a vehicle that offers ample space, comfort, and flexibility is a major factor propelling the demand for SUVs relative to other vehicle types.

Restraints: A prominent challenge confronting the SUV market is the considerable fuel consumption exhibited by numerous traditional models, especially those equipped with larger engines. As awareness regarding environmental concerns grows and stricter emission regulations are implemented globally, consumers are increasingly mindful of the environmental footprint associated with their vehicle choices. SUVs, particularly those that rely on internal combustion engines, are frequently perceived as less fuel-efficient when compared to smaller, eco-friendlier options such as electric or hybrid vehicles.

Scope of the report:

Report Metric Details

Market size available for years 2021-2034

Base year considered 2024

Forecast period 2025-2034

Segments covered By SUV, By Propulsion, By Seating Capacity

Regions covered North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa

Companies Covered

BMW Group, Ford Motor Company, General Motors, Honda Motor Co Ltd, KIA, Mitsubishi Motors, Nissan Motors, Tesla, Inc, Toyota Motor Corporation, Volkswagen AG.

Global SUV Market Segmentation:

By SUV: Based on the SUV, Global SUV Market is segmented as; Compact, Mid-size, Full-size.

By Propulsion: Based on the Propulsion, Global SUV Market is segmented as; Gasoline, Diesel, Electric.

By Seating Capacity: Based on the Seating Capacity, Global SUV Market is segmented as; 5 Seater, More than 5 Seater.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

Product Code: AMIN2546

1.Introduction

1.1.Scope of the report
1.2.Market segment analysis

2.Research Methodology

2.1.Research data source
- 2.1.1.Secondary Data
- 2.1.2.Primary Data
- 2.1.3.SPER's internal database
- 2.1.4.Premium insight from KOLs
2.2.Market size estimation
- 2.2.1.Top-down and Bottom-up approach
2.3.Data triangulation

3.Executive Summary

4.Market Dynamics

4.1.Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1.Drivers
- 4.1.2.Restraints
- 4.1.3.Opportunities
- 4.1.4.Challenges

5.Market variable and outlook

5.1.SWOT Analysis
- 5.1.1.Strengths
- 5.1.2.Weaknesses
- 5.1.3.Opportunities
- 5.1.4.Threats
5.2.PESTEL Analysis
- 5.2.1.Political Landscape
- 5.2.2.Economic Landscape
- 5.2.3.Social Landscape
- 5.2.4.Technological Landscape
- 5.2.5.Environmental Landscape
- 5.2.6.Legal Landscape
5.3.PORTERs Five Forces
- 5.3.1.Bargaining power of suppliers
- 5.3.2.Bargaining power of buyers
- 5.3.3.Threat of Substitute
- 5.3.4.Threat of new entrant
- 5.3.5.Competitive rivalry
5.4.Heat Map Analysis

6.Competitive Landscape

6.1.Global SUV Market Manufacturing Base Distribution, Sales Area, Product Type
6.2.Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global SUV Market

7.Global SUV Market, By SUV (USD Million) 2021-2034

7.1.Compact SUV
7.2.Mid-size SUV
7.3.Full-size SUV

8.Global SUV Market, By Propulsion (USD Million) 2021-2034

8.1.Gasoline
8.2.Diesel
8.3.Electric

9.Global SUV Market, By Seating Capacity (USD Million) 2021-2034

9.1.5 Seater

9.2.More than 5 Seater

10.Global SUV Market, (USD Million) 2021-2034

10.1.Global SUV Market Size and Market Share

11.Global SUV Market, By Region, (USD Million) 2021-2034

11.1.Asia-Pacific
- 11.1.1.Australia
- 11.1.2.China
- 11.1.3.India
- 11.1.4.Japan
- 11.1.5.South Korea
- 11.1.6.Rest of Asia-Pacific
11.2.Europe
- 11.2.1.France
- 11.2.2.Germany
- 11.2.3.Italy
- 11.2.4.Spain
- 11.2.5.United Kingdom
- 11.2.6.Rest of Europe
11.3.Middle East and Africa
- 11.3.1.Kingdom of Saudi Arabia
- 11.3.2.United Arab Emirates
- 11.3.3.Qatar
- 11.3.4.South Africa
- 11.3.5.Egypt
- 11.3.6.Morocco
- 11.3.7.Nigeria
- 11.3.8.Rest of Middle-East and Africa
11.4.North America
- 11.4.1.Canada
- 11.4.2.Mexico
- 11.4.3.United States
11.5.Latin America
- 11.5.1.Argentina
- 11.5.2.Brazil
- 11.5.3.Rest of Latin America

12.Company Profile

12.1.BMW Group
- 12.1.1.Company details
- 12.1.2.Financial outlook
- 12.1.3.Product summary
- 12.1.4.Recent developments
12.2.Ford Motor Company
- 12.2.1.Company details
- 12.2.2.Financial outlook
- 12.2.3.Product summary
- 12.2.4.Recent developments
12.3.General Motors
- 12.3.1.Company details
- 12.3.2.Financial outlook
- 12.3.3.Product summary
- 12.3.4.Recent developments
12.4.Honda Motor Co Ltd
- 12.4.1.Company details
- 12.4.2.Financial outlook
- 12.4.3.Product summary
- 12.4.4.Recent developments
12.5.KIA
- 12.5.1.Company details
- 12.5.2.Financial outlook
- 12.5.3.Product summary
- 12.5.4.Recent developments
12.6.Mitsubishi Motors
- 12.6.1.Company details
- 12.6.2.Financial outlook
- 12.6.3.Product summary
- 12.6.4.Recent developments
12.7.Nissan Motors
- 12.7.1.Company details
- 12.7.2.Financial outlook
- 12.7.3.Product summary
- 12.7.4.Recent developments
12.8.Tesla, Inc
- 12.8.1.Company details
- 12.8.2.Financial outlook
- 12.8.3.Product summary
- 12.8.4.Recent developments
12.9.Toyota Motor Corporation
- 12.9.1.Company details
- 12.9.2.Financial outlook
- 12.9.3.Product summary
- 12.9.4.Recent developments
12.10.Volkswagen AG
- 12.10.1.Company details
- 12.10.2.Financial outlook
- 12.10.3.Product summary
- 12.10.4.Recent developments
12.11.Others