出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2022年10月
SUV市場：タイプ（ミニ、コンパクト、ミッド＆フルサイズ、MPV）、推進（ディーゼル、ガソリン、電気）、クラス（B、C、D、E）、座席定員（5人乗り、6人以上）、EVタイプ（ BEV、PHEV、FCEV)、販売 (小型、中型およびフルサイズ) 、地域別 – 2027 年までの世界予測
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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MarketsandMarkets（マーケッツアンドマーケッツ）「SUV市場：タイプ（ミニ、コンパクト、ミッド＆フルサイズ、MPV）、推進（ディーゼル、ガソリン、電気）、クラス（B、C、D、E）、座席定員（5人乗り、6人以上）、EVタイプ（ BEV、PHEV、FCEV)、販売 (小型、中型およびフルサイズ) 、地域別 – 2027 年までの世界予測 – 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」は世界のSUV市場を調査し、主要セグメント毎の分析・予測結果を提供します。
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 4×4 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
目次
1 INTRODUCTION 23
1.1 STUDY OBJECTIVES 23
1.2 MARKET DEFINITION 23
1.2.1 INCLUSIONS AND EXCLUSIONS 24
1.3 MARKET SCOPE 24
FIGURE 1 SUV MARKET: MARKET SEGMENTATION 24
1.3.1 SUV (ICE) MARKET, BY REGION 25
1.3.2 YEARS CONSIDERED 25
1.4 CURRENCY CONSIDERED 25
1.5 LIMITATIONS 26
1.6 STAKEHOLDERS 26
1.7 SUMMARY OF CHANGES 26
2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 SUV MARKET: RESEARCH DESIGN 28
FIGURE 3 RESEARCH DESIGN MODEL 29
2.1.1 SECONDARY DATA 30
2.1.1.1 Key secondary sources for ICE SUV production and electric SUV sales 30
2.1.1.2 Key data from secondary sources 31
2.1.2 PRIMARY DATA 31
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 32
2.1.2.1 Sampling techniques and data collection methods 32
2.1.2.2 Primary participants 33
2.2 MARKET SIZE ESTIMATION 33
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 34
2.2.1 BOTTOM-UP APPROACH 35
FIGURE 6 BOTTOM-UP APPROACH 35
2.2.2 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDES 36
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 37
FIGURE 7 DATA TRIANGULATION 37
2.4 FACTOR ANALYSIS 38
2.5 ASSUMPTIONS AND ASSOCIATED RISKS 38
2.5.1 RESEARCH ASSUMPTIONS 38
2.5.2 MARKET ASSUMPTIONS 39
TABLE 1 ASSUMPTIONS, ASSOCIATED RISKS, AND IMPACT 39
2.6 LIMITATIONS 40
3 EXECUTIVE SUMMARY 41
3.1 REPORT SUMMARY 41
FIGURE 8 SUV MARKET, BY REGION (ICE), 2022 VS. 2027 (USD MILLION) 42
3.2 SUV PRODUCTION VS. SALES COMPARISON OUTLOOK 43
FIGURE 9 SUV PRODUCTION VS. SALES COMPARISON (THOUSAND UNITS),
2018–2021 43
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE OPPORTUNITIES IN SUV MARKET 44
FIGURE 10 GROWING DEMAND FOR PREMIUM VEHICLES WITH COMFORT FEATURES, CONSUMER INCLINATION TOWARD UPRIGHT DRIVING EXPERIENCE,
AND RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE SUV MARKET 44
4.2 SUV MARKET, BY TYPE (ICE) 44
FIGURE 11 MID-SIZE SUV SEGMENT TO HOLD LARGEST MARKET 44
4.3 SUV MARKET, BY SEATING CAPACITY (ICE) 45
FIGURE 12 5 SEATER SUV TO LEAD GLOBAL SUV MARKET DURING FORECAST PERIOD 45
4.4 SUV MARKET, BY CLASS (ICE) 45
FIGURE 13 D SEGMENT TO SHOWCASE LARGEST MARKET SHARE DURING FORECAST PERIOD 45
4.5 SUV MARKET, BY PROPULSION TYPE (ICE) 46
FIGURE 14 GASOLINE SUVS PROJECTED TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 46
4.6 ELECTRIC AND HYBRID SUV MARKET, BY EV TYPE 46
FIGURE 15 FCEV SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 46
4.7 SUV MARKET, BY REGION 47
FIGURE 16 ASIA PACIFIC TO ACQUIRE LARGEST MARKET SHARE DURING FORECAST PERIOD 47
4.8 SUV MARKET, BY REGION (ICE) 47
FIGURE 17 ASIA PACIFIC EXPECTED TO DOMINATE SUV MARKET DURING FORECAST PERIOD 47
5 MARKET OVERVIEW 48
5.1 INTRODUCTION 48
5.2 MARKET DYNAMICS 48
FIGURE 18 SUV MARKET: MARKET DYNAMICS 49
5.2.1 DRIVERS 49
5.2.1.1 Demand for premium vehicles with advanced features 49
FIGURE 19 LUXURY SUV PRODUCTION (D AND E SEGMENTS), 2018–2021 (THOUSAND UNITS) 50
5.2.1.2 Consumer inclination toward compact SUVs 50
TABLE 2 OEM VS. PROPULSION TYPE VS. COMPACT SUV MODELS, 2021 51
5.2.2 RESTRAINTS 51
5.2.2.1 High cost of SUVs 51
TABLE 3 FULL-SIZE SUV PRICE RANGE, 2021 52
5.2.3 OPPORTUNITIES 52
5.2.3.1 Electrification of SUVs 52
TABLE 4 TOP ELECTRIC SUV MODELS, SALES, AND PRICE RANGE, 2021 53
TABLE 5 LIST OF LAUNCHED AND UPCOMING ELECTRIC SUV MODELS, 2021–2022 53
5.2.4 CHALLENGES 54
5.2.4.1 Challenges in meeting fuel economy and emission limits 54
5.3 TRENDS/DISRUPTIONS IMPACTING BUYERS 54
FIGURE 20 TRENDS/DISRUPTIONS IMPACTING BUYERS 55
5.4 SUV MARKET SCENARIO 55
FIGURE 21 SUV MARKET SCENARIO, 2018–2027 (USD MILLION) 55
5.4.1 REALISTIC SCENARIO 56
TABLE 6 SUV MARKET (REALISTIC SCENARIO), BY REGION, 2018–2027 (USD BILLION) 56
5.4.2 LOW IMPACT SCENARIO 56
TABLE 7 SUV MARKET (LOW IMPACT SCENARIO), BY REGION, 2018–2027 (USD BILLION) 56
5.4.3 HIGH IMPACT SCENARIO 56
TABLE 8 SUV MARKET (HIGH IMPACT SCENARIO), BY REGION, 2018–2027 (USD BILLION) 57
5.5 PORTER’S FIVE FORCES ANALYSIS 57
FIGURE 22 PORTER’S FIVE FORCES ANALYSIS: ESTABLISHED GLOBAL PLAYERS INCREASE COMPETITION 57
5.5.1 PORTER’S FIVE FORCES ANALYSIS 58
5.5.2 THREAT OF SUBSTITUTES 58
5.5.3 THREAT OF NEW ENTRANTS 58
5.5.4 BARGAINING POWER OF BUYERS 58
5.5.5 BARGAINING POWER OF SUPPLIERS 58
5.5.6 INTENSITY OF COMPETITIVE RIVALRY 59
5.6 SUV MARKET ECOSYSTEM 59
FIGURE 23 SUV MARKET ECOSYSTEM 59
TABLE 9 SUV MARKET: ROLE OF COMPANIES IN ECOSYSTEM 60
5.7 SUPPLY CHAIN ANALYSIS 61
FIGURE 24 SUPPLY CHAIN ANALYSIS: SUV MARKET 61
5.8 PRICING ANALYSIS 62
5.8.1 ICE SUV PRICING, BY TYPE AND REGION, 2021 62
5.8.2 ELECTRIC SUV PRICING, BY TYPE AND REGION, 2021 63
5.9 CASE STUDY ANALYSIS 63
5.9.1 SUCCESS OF RENAULT DUSTER 63
5.9.2 SKODA DRIVES BRAND IMAGE AND PURCHASE INTENT FOR KAMIQ SUV 64
5.9.3 REDUCING RANGE ANXIETY FOR AUDI FIRST ALL-ELECTRIC SUV 64
5.10 TRADE ANALYSIS 65
5.10.1 IMPORT DATA 65
TABLE 10 IMPORT TRADE DATA, BY COUNTRY, 2021 65
5.10.2 EXPORT DATA 66
TABLE 11 EXPORT TRADE DATA, BY COUNTRY, 2021 66
5.11 KEY CONFERENCES AND EVENTS IN 2022–2023 67
TABLE 12 SUV MARKET: DETAILED LIST OF UPCOMING CONFERENCES AND EVENTS 67
5.12 TECHNOLOGY ANALYSIS 68
5.12.1 DEVELOPMENT OF ADVANCED TECHNOLOGY 68
FIGURE 25 ADAS FEATURES IN SUVS 68
5.12.2 PACKAGED FUEL CELL SYSTEM MODULE 68
FIGURE 26 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA MOTOR CORPORATION 69
5.12.3 HEAD-UP DISPLAY (HUD) 69
6 SUV SALES, BY TYPE 70
6.1 INTRODUCTION 70
FIGURE 27 SUV SALES, BY TYPE, 2016 VS. 2021 (THOUSAND UNITS) 70
TABLE 13 GLOBAL SUV SALES, BY TYPE, 2016–2021 (THOUSAND UNITS) 71
6.2 COMPACT SUV 71
6.2.1 ASIA PACIFIC 71
TABLE 14 ASIA PACIFIC: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 71
6.2.2 EUROPE 72
TABLE 15 EUROPE: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 72
6.2.3 AMERICAS 72
TABLE 16 AMERICAS: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 72
6.3 MID-SIZE SUV 73
6.3.1 ASIA PACIFIC 73
TABLE 17 ASIA PACIFIC: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 73
6.3.2 EUROPE 73
TABLE 18 EUROPE: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 73
6.3.3 AMERICAS 74
TABLE 19 AMERICAS: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 74
6.4 FULL-SIZE SUV 74
6.4.1 ASIA PACIFIC 74
TABLE 20 ASIA PACIFIC: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 74
6.4.2 EUROPE 75
TABLE 21 EUROPE: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 75
6.4.3 AMERICAS 75
TABLE 22 AMERICAS: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS) 75
7 SUV MARKET, BY TYPE (ICE) 76
7.1 INTRODUCTION 77
7.1.1 RESEARCH METHODOLOGY 77
7.1.2 ASSUMPTIONS 77
7.1.3 INDUSTRY INSIGHTS: SUV MARKET, BY TYPE 78
FIGURE 28 SUV MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION) 78
TABLE 23 SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 78
TABLE 24 SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 79
TABLE 25 SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 79
TABLE 26 SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 79
7.2 MINI SUV 80
7.2.1 LOWER OWNERSHIP COST, RUGGED STYLING, AND COMFORT FEATURES 80
TABLE 27 MINI SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 80
TABLE 28 MINI SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 80
TABLE 29 MINI SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 80
TABLE 30 MINI SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 81
7.3 COMPACT SUV 81
7.3.1 DOMINATED BY ASIA PACIFIC 81
TABLE 31 COMPACT SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 81
TABLE 32 COMPACT SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 82
TABLE 33 COMPACT SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 82
TABLE 34 COMPACT SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 82
7.4 MID-SIZE SUV 82
7.4.1 BETTER FUNCTIONALITY AND PRACTICAL FEATURES 82
TABLE 35 MID-SIZE SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 83
TABLE 36 MID-SIZE SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 83
TABLE 37 MID-SIZE SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 83
TABLE 38 MID-SIZE SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 83
7.5 FULL-SIZE SUV 84
7.5.1 LARGER PASSENGER AND CARGO SPACE AND SUPERIOR ENGINE PERFORMANCE 84
TABLE 39 FULL-SIZE SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 84
TABLE 40 FULL-SIZE SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 84
TABLE 41 FULL-SIZE SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 84
TABLE 42 FULL-SIZE SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 85
7.6 MPV/MUV 85
7.6.1 LED BY ASIA PACIFIC AND EUROPE 85
TABLE 43 MPV/MUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 85
TABLE 44 MPV/MUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 86
TABLE 45 MPV/ MUV MARKET, BY REGION, 2018–2021 (USD MILLION) 86
TABLE 46 MPV/MUV MARKET, BY REGION, 2022–2027 (USD MILLION) 86
8 SUV MARKET, BY PROPULSION TYPE 87
8.1 INTRODUCTION 88
8.1.1 RESEARCH METHODOLOGY 88
8.1.2 ASSUMPTIONS 88
8.1.3 INDUSTRY INSIGHTS: SUV MARKET, BY PROPULSION TYPE 88
FIGURE 29 SUV MARKET, BY PROPULSION TYPE, 2022 VS. 2027 (USD MILLION) 89
TABLE 47 SUV MARKET, BY PROPULSION TYPE, 2018–2021 (THOUSAND UNITS) 89
TABLE 48 SUV MARKET, BY PROPULSION TYPE, 2022–2027 (THOUSAND UNITS) 89
TABLE 49 SUV MARKET, BY PROPULSION TYPE, 2018–2021 (USD MILLION) 89
TABLE 50 SUV MARKET, BY PROPULSION TYPE, 2022–2027 (USD MILLION) 90
8.2 GASOLINE 90
8.2.1 CLEANER FUEL WITH ENHANCED PERFORMANCE 90
TABLE 51 GASOLINE SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 90
TABLE 52 GASOLINE SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 91
TABLE 53 GASOLINE SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 91
TABLE 54 GASOLINE SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 91
8.3 DIESEL 91
8.3.1 HIGHER DEMAND IN FUTURE 91
TABLE 55 DIESEL SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 92
TABLE 56 DIESEL SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 92
TABLE 57 DIESEL SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 92
TABLE 58 DIESEL SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 92
8.4 ELECTRIC 93
8.4.1 STRICT EMISSION NORMS AND HIGHER FUEL EFFICIENCY 93
TABLE 59 ELECTRIC SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 93
TABLE 60 ELECTRIC SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 93
TABLE 61 ELECTRIC SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 93
TABLE 62 ELECTRIC SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 94
9 SUV MARKET, BY CLASS (ICE) 95
9.1 INTRODUCTION 96
9.1.1 RESEARCH METHODOLOGY 96
9.1.2 ASSUMPTIONS 96
9.1.3 INDUSTRY INSIGHTS: SUV MARKET, BY CLASS 96
FIGURE 30 SUV MARKET, BY CLASS, 2022 VS. 2027 (USD MILLION) 97
TABLE 63 SUV MARKET, BY CLASS, 2018–2021 (THOUSAND UNITS) 97
TABLE 64 SUV MARKET, BY CLASS, 2022–2027 (THOUSAND UNITS) 97
TABLE 65 SUV MARKET, BY CLASS, 2018–2021 (USD MILLION) 98
TABLE 66 SUV MARKET, BY CLASS, 2022–2027 (USD MILLION) 98
9.2 CLASS B 98
9.2.1 HIGHEST DEMAND IN ASIA PACIFIC 98
TABLE 67 CLASS B SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 98
TABLE 68 CLASS B SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 99
TABLE 69 CLASS B SUV MARKET, BY REGION, 2018–2021 (MILLION USD) 99
TABLE 70 CLASS B SUV MARKET, BY REGION, 2022–2027 (MILLION USD) 99
9.3 CLASS C 99
9.3.1 INCREASING DEMAND FOR COMPACT SUVS 99
TABLE 71 CLASS C SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 100
TABLE 72 CLASS C SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 100
TABLE 73 CLASS C SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 100
TABLE 74 CLASS C SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 100
9.4 CLASS D 101
9.4.1 IMPROVED CONVENIENCE WITH OFF-ROADING CAPABILITIES 101
TABLE 75 CLASS D SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 101
TABLE 76 CLASS D SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 101
TABLE 77 CLASS D SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 101
TABLE 78 CLASS D SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 102
9.5 CLASS E 102
9.5.1 HIGHER DEMAND FOR FULL-SIZE SUVS WITH ADVANCED COMFORT FEATURES 102
TABLE 79 CLASS E SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 102
TABLE 80 CLASS E SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 103
TABLE 81 CLASS E SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 103
TABLE 82 CLASS E SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 103
10 SUV MARKET, BY SEATING CAPACITY (ICE) 104
10.1 INTRODUCTION 105
10.1.1 RESEARCH METHODOLOGY 105
10.1.2 ASSUMPTIONS 105
10.1.3 INDUSTRY INSIGHTS: SUV MARKET, BY SEATING CAPACITY 105
FIGURE 31 SUV MARKET, BY SEATING CAPACITY, 2022 VS. 2027 (USD MILLION) 106
TABLE 83 SUV MARKET, BY SEATING CAPACITY, 2018–2021 (THOUSAND UNITS) 106
TABLE 84 SUV MARKET, BY SEATING CAPACITY, 2022–2027 (THOUSAND UNITS) 106
TABLE 85 SUV MARKET, BY SEATING CAPACITY, 2018–2021 (USD MILLION) 106
TABLE 86 SUV MARKET, BY SEATING CAPACITY, 2022–2027 (USD MILLION) 107
10.2 5 SEATER 107
10.2.1 DEMAND FOR COMPACT SUVS IN DEVELOPING COUNTRIES 107
TABLE 87 5 SEATER SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 107
TABLE 88 5 SEATER SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 107
TABLE 89 5 SEATER SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 108
TABLE 90 5 SEATER SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 108
10.3 >5 SEATER 108
10.3.1 HIGH DEMAND AND INCLINATION FOR FULL-SIZE SUVS 108
TABLE 91 >5 SEATER SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 108
TABLE 92 >5 SEATER SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 109
TABLE 93 >5 SEATER SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 109
TABLE 94 >5 SEATER SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 109
11 ELECTRIC SUV MARKET, BY ELECTRIC VEHICLE TYPE 110
11.1 INTRODUCTION 111
11.1.1 RESEARCH METHODOLOGY 111
11.1.2 ASSUMPTIONS 111
11.1.3 INDUSTRY INSIGHTS: ELECTRIC SUV MARKET, BY EV TYPE 111
FIGURE 32 ELECTRIC SUV MARKET, BY EV TYPE, 2022 VS. 2027 (USD MILLION) 112
TABLE 95 ELECTRIC AND HYBRID SUV MARKET, BY EV TYPE, 2018–2021 (THOUSAND UNITS) 112
TABLE 96 ELECTRIC AND HYBRID SUV MARKET, BY EV TYPE, 2022–2027 (THOUSAND UNITS) 112
TABLE 97 ELECTRIC AND HYBRID SUV MARKET, BY EV TYPE, 2018–2021 (USD MILLION) 112
TABLE 98 ELECTRIC AND HYBRID SUV MARKET, BY EV TYPE, 2022–2027 (USD MILLION) 113
11.2 BEV 113
11.2.1 INCREASING DEVELOPMENT OF HIGH-RANGE BATTERIES AND FAST CHARGING INFRASTRUCTURE 113
TABLE 99 BEV SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 113
TABLE 100 BEV SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 114
TABLE 101 BEV SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 114
TABLE 102 BEV SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 114
11.3 PHEV 115
11.3.1 TAX RELAXATION AND GOVERNMENT INCENTIVES 115
TABLE 103 PHEV SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 115
TABLE 104 PHEV SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 115
TABLE 105 PHEV SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 115
TABLE 106 PHEV SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 116
11.4 FCEV 116
11.4.1 INCREASED INVESTMENT TO DEVELOP MODELS 116
TABLE 107 FCEV SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 116
TABLE 108 FCEV SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 117
TABLE 109 FCEV SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 117
TABLE 110 FCEV SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 117
12 SUV MARKET, BY REGION 118
12.1 INTRODUCTION 119
12.1.1 RESEARCH METHODOLOGY 119
12.1.2 ASSUMPTIONS 119
12.1.3 INDUSTRY INSIGHTS: SUV MARKET, BY TYPE AND REGION 120
FIGURE 33 SUV MARKET BY REGION, 2022 VS. 2027 (USD BILLION) 120
TABLE 111 SUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS) 120
TABLE 112 SUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS) 121
TABLE 113 SUV MARKET, BY REGION, 2018–2021 (USD MILLION) 121
TABLE 114 SUV MARKET, BY REGION, 2022–2027 (USD MILLION) 121
12.2 ASIA PACIFIC 121
FIGURE 34 ASIA PACIFIC: SUV MARKET SNAPSHOT 122
TABLE 115 ASIA PACIFIC: SUV MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS) 123
TABLE 116 ASIA PACIFIC: SUV MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS) 123
TABLE 117 ASIA PACIFIC: SUV MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 123
TABLE 118 ASIA PACIFIC: SUV MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 124
12.2.1 CHINA 124
12.2.1.1 High passenger vehicle demand 124
TABLE 119 CHINA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 124
TABLE 120 CHINA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 125
TABLE 121 CHINA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 125
TABLE 122 CHINA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 125
12.2.2 INDIA 126
12.2.2.1 Growth in demand for compact SUVs 126
TABLE 123 INDIA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 126
TABLE 124 INDIA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 126
TABLE 125 INDIA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 126
TABLE 126 INDIA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 127
12.2.3 JAPAN 127
12.2.3.1 Preference for advanced features with improved cabin comfort 127
TABLE 127 JAPAN: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 127
TABLE 128 JAPAN: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 128
TABLE 129 JAPAN: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 128
TABLE 130 JAPAN: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 128
12.2.4 SOUTH KOREA 129
12.2.4.1 Increased demand for luxury cars 129
TABLE 131 SOUTH KOREA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 129
TABLE 132 SOUTH KOREA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 129
TABLE 133 SOUTH KOREA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 129
TABLE 134 SOUTH KOREA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 130
12.2.5 INDONESIA 130
12.2.5.1 High demand for MPVs for nuclear families 130
TABLE 135 INDONESIA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 130
TABLE 136 INDONESIA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 131
TABLE 137 INDONESIA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 131
TABLE 138 INDONESIA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 131
12.2.6 ASIA PACIFIC OTHERS 132
12.2.6.1 Developing countries with rising disposable income 132
TABLE 139 ASIA PACIFIC OTHERS: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 132
TABLE 140 ASIA PACIFIC OTHERS: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 132
TABLE 141 ASIA PACIFIC OTHERS: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 133
TABLE 142 ASIA PACIFIC OTHERS: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 133
12.3 EUROPE 133
FIGURE 35 EUROPE: SUV MARKET, 2022–2027 (USD MILLION) 134
TABLE 143 EUROPE: SUV MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS) 134
TABLE 144 EUROPE: SUV MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS) 135
TABLE 145 EUROPE: SUV MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 135
TABLE 146 EUROPE: SUV MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 136
12.3.1 GERMANY 136
12.3.1.1 High demand for premium cars 136
TABLE 147 GERMANY: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 136
TABLE 148 GERMANY: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 137
TABLE 149 GERMANY: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 137
TABLE 150 GERMANY: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 137
12.3.2 FRANCE 138
12.3.2.1 Increased demand for premium comfort features 138
TABLE 151 FRANCE: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 138
TABLE 152 FRANCE: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 138
TABLE 153 FRANCE: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 138
TABLE 154 FRANCE: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 139
12.3.3 ITALY 139
12.3.3.1 Presence of premium vehicle manufacturers 139
TABLE 155 ITALY: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 139
TABLE 156 ITALY: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 140
TABLE 157 ITALY: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 140
TABLE 158 ITALY: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 140
12.3.4 SPAIN 141
12.3.4.1 Increased production of passenger cars 141
TABLE 159 SPAIN: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 141
TABLE 160 SPAIN: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 141
TABLE 161 SPAIN: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 141
TABLE 162 SPAIN: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 142
12.3.5 UK 142
12.3.5.1 Strict emission norms 142
TABLE 163 UK: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 142
TABLE 164 UK: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 143
TABLE 165 UK: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 143
TABLE 166 UK: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 143
12.3.6 CZECH REPUBLIC 144
12.3.6.1 Growing passenger vehicle segment 144
TABLE 167 CZECH REPUBLIC: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 144
TABLE 168 CZECH REPUBLIC: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 144
TABLE 169 CZECH REPUBLIC: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 144
TABLE 170 CZECH REPUBLIC: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 145
12.3.7 SLOVAKIA 145
12.3.7.1 Hub of major OEMs 145
TABLE 171 SLOVAKIA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 145
TABLE 172 SLOVAKIA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 146
TABLE 173 SLOVAKIA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 146
TABLE 174 SLOVAKIA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 146
12.3.8 RUSSIA 147
12.3.8.1 Increasing sales of passenger cars 147
TABLE 175 RUSSIA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 147
TABLE 176 RUSSIA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 147
TABLE 177 RUSSIA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 147
TABLE 178 RUSSIA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 148
12.3.9 EUROPE OTHERS 148
12.3.9.1 Robust growth in production capacities 148
TABLE 179 EUROPE OTHERS: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 148
TABLE 180 EUROPE OTHERS: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 149
TABLE 181 EUROPE OTHERS: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 149
TABLE 182 EUROPE OTHERS: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 149
12.4 AMERICAS 150
FIGURE 36 AMERICAS: SUV MARKET SNAPSHOT 150
TABLE 183 AMERICAS: SUV MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS) 151
TABLE 184 AMERICAS: SUV MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS) 151
TABLE 185 AMERICAS: SUV MARKET, BY COUNTRY, 2018–2021 (USD MILLION) 151
TABLE 186 AMERICAS: SUV MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 151
12.4.1 US 152
12.4.1.1 High demand for powerful vehicles for off-roading 152
TABLE 187 US: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 152
TABLE 188 US: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 152
TABLE 189 US: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 153
TABLE 190 US: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 153
12.4.2 CANADA 153
12.4.2.1 Favorable government policies and regulatory standards 153
TABLE 191 CANADA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 154
TABLE 192 CANADA: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 154
TABLE 193 CANADA: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 154
TABLE 194 CANADA: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 155
12.4.3 MEXICO 155
12.4.3.1 Domestic economic stability to drive market 155
TABLE 195 MEXICO: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 155
TABLE 196 MEXICO: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 156
TABLE 197 MEXICO: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 156
TABLE 198 MEXICO: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 156
12.4.4 BRAZIL 157
12.4.4.1 Improving infrastructure and proximity to US to fuel market 157
TABLE 199 BRAZIL: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS) 157
TABLE 200 BRAZIL: SUV MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS) 157
TABLE 201 BRAZIL: SUV MARKET, BY TYPE, 2018–2021 (USD MILLION) 158
TABLE 202 BRAZIL: SUV MARKET, BY TYPE, 2022–2027 (USD MILLION) 158
13 RECOMMENDATIONS BY MARKETSANDMARKETS 159
13.1 ASIA PACIFIC TO BE MAJOR MARKET FOR SUVS 159
13.2 ADAPTATION OF ELECTRIC SUVS AND INCREASED CONNECTED AND ADVANCED FEATURES TO BE KEY FOCUS AREAS FOR MANUFACTURERS 159
13.3 CONCLUSION 160
14 COMPETITIVE LANDSCAPE 161
14.1 OVERVIEW 161
14.2 SUV MARKET SHARE ANALYSIS, 2021 161
TABLE 203 MARKET SHARE ANALYSIS FOR SUV MARKET, 2021 161
FIGURE 37 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021 162
14.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 162
FIGURE 38 REVENUE ANALYSIS OF TOP FIVE PLAYERS 162
14.4 COMPETITIVE EVALUATION QUADRANT 163
14.4.1 TERMINOLOGY 163
14.4.2 STARS 164
14.4.3 EMERGING LEADERS 164
14.4.4 PERVASIVE COMPANIES 164
14.4.5 PARTICIPANTS 164
FIGURE 39 SUV MANUFACTURERS: COMPETITIVE EVALUATION MATRIX, 2021 165
TABLE 204 SUV MARKET: COMPANY PRODUCT FOOTPRINT, 2021 166
TABLE 205 SUV MARKET: COMPANY APPLICATION FOOTPRINT, 2021 166
TABLE 206 SUV MARKET: COMPANY REGION FOOTPRINT, 2021 167
14.5 COMPETITIVE SCENARIO 168
14.5.1 NEW PRODUCT LAUNCHES 168
TABLE 207 PRODUCT LAUNCHES, 2018–2022 168
14.5.2 DEALS 171
TABLE 208 DEALS, 2018–2022 171
14.5.3 EXPANSIONS 174
TABLE 209 EXPANSIONS, 2018–2022 174
14.6 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2022 176
TABLE 210 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSION AS KEY GROWTH STRATEGIES, 2018–2022 176
14.7 COMPETITIVE BENCHMARKING 178
TABLE 211 SUV MARKET: DETAILED LIST OF KEY PLAYERS 178
15 COMPANY PROFILES 179
(Business overview, Products offered, Recent developments & MnM View)*
15.1 KEY PLAYERS 179
15.1.1 TOYOTA MOTOR CORPORATION 179
TABLE 212 TOYOTA MOTOR CORPORATION: KEY BRANDS 179
TABLE 213 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW 179
FIGURE 40 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT 180
TABLE 214 TOYOTA MOTOR CORPORATION: PRODUCT LAUNCHES 182
TABLE 215 TOYOTA MOTOR CORPORATION: DEALS 183
TABLE 216 TOYOTA MOTOR CORPORATION: EXPANSIONS 184
15.1.2 HONDA MOTOR CO., LTD. 186
TABLE 217 HONDA MOTOR CO., LTD.: KEY BRANDS 186
TABLE 218 HONDA MOTOR CO., LTD.: BUSINESS OVERVIEW 186
FIGURE 41 HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT 187
TABLE 219 HONDA MOTOR CO., LTD.: PRODUCT LAUNCHES 188
TABLE 220 HONDA MOTOR CO., LTD.: DEALS 189
TABLE 221 HONDA MOTOR CO., LTD.: EXPANSIONS 189
15.1.3 HYUNDAI MOTOR COMPANY 191
TABLE 222 HYUNDAI MOTOR COMPANY: KEY BRANDS 191
TABLE 223 HYUNDAI MOTOR COMPANY: BUSINESS OVERVIEW 191
FIGURE 42 HYUNDAI MOTOR COMPANY: COMPANY SNAPSHOT 192
TABLE 224 HYUNDAI MOTOR COMPANY: PRODUCT LAUNCHES 194
TABLE 225 HYUNDAI MOTOR COMPANY: EXPANSIONS 194
15.1.4 GENERAL MOTORS 196
TABLE 226 GENERAL MOTORS: KEY BRANDS 196
TABLE 227 GENERAL MOTORS: BUSINESS OVERVIEW 196
FIGURE 43 GENERAL MOTORS: COMPANY SNAPSHOT 197
TABLE 228 GENERAL MOTORS: PRODUCT LAUNCHES 198
TABLE 229 GENERAL MOTORS: DEALS 199
TABLE 230 GENERAL MOTORS: EXPANSIONS 200
15.1.5 STELLANTIS N.V. 202
TABLE 231 STELLANTIS N.V.: KEY BRANDS 202
TABLE 232 STELLANTIS N.V.: BUSINESS OVERVIEW 203
FIGURE 44 STELLANTIS N.V.: COMPANY SNAPSHOT 203
TABLE 233 STELLANTIS N.V.: PRODUCT LAUNCHES 205
TABLE 234 STELLANTIS N.V.: DEALS 206
TABLE 235 STELLANTIS N.V.: EXPANSIONS 206
15.1.6 VOLKSWAGEN AG 208
TABLE 236 VOLKSWAGEN AG: KEY BRANDS 208
TABLE 237 VOLKSWAGEN AG: BUSINESS OVERVIEW 208
FIGURE 45 VOLKSWAGEN AG: COMPANY SNAPSHOT 209
TABLE 238 VOLKSWAGEN AG: PRODUCT LAUNCHES 211
TABLE 239 VOLKSWAGEN AG: DEALS 212
TABLE 240 VOLKSWAGEN AG: EXPANSIONS 212
15.1.7 FORD MOTOR COMPANY 214
TABLE 241 FORD MOTOR COMPANY: KEY BRANDS 214
TABLE 242 FORD MOTOR COMPANY: BUSINESS OVERVIEW 214
FIGURE 46 FORD MOTOR COMPANY: COMPANY SNAPSHOT 215
TABLE 243 FORD MOTOR COMPANY: PRODUCT LAUNCHES 216
15.1.8 MERCEDES-BENZ 217
TABLE 244 MERCEDES-BENZ: KEY BRANDS 217
TABLE 245 MERCEDES-BENZ: BUSINESS OVERVIEW 217
FIGURE 47 MERCEDES-BENZ: COMPANY SNAPSHOT 218
TABLE 246 MERCEDES-BENZ: PRODUCT LAUNCHES 220
TABLE 247 MERCEDES-BENZ: DEALS 220
TABLE 248 MERCEDES-BENZ: EXPANSIONS 221
15.1.9 BMW GROUP 222
TABLE 249 BMW GROUP: KEY BRANDS 222
TABLE 250 BMW GROUP: BUSINESS OVERVIEW 222
FIGURE 48 BMW GROUP: COMPANY SNAPSHOT 223
TABLE 251 BMW GROUP: PRODUCT LAUNCHES 225
TABLE 252 BMW GROUP: DEALS 225
TABLE 253 BMW GROUP: EXPANSIONS 225
15.1.10 NISSAN MOTORS 226
TABLE 254 NISSAN MOTORS: BUSINESS OVERVIEW 226
FIGURE 49 NISSAN MOTORS: COMPANY SNAPSHOT 227
TABLE 255 NISSAN MOTORS: PRODUCT LAUNCHES 229
TABLE 256 NISSAN MOTORS: DEALS 230
TABLE 257 NISSAN MOTORS: EXPANSIONS 230
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15.2 ADDITIONAL PLAYERS 231
15.2.1 RENAULT GROUP 231
TABLE 258 RENAULT GROUP: COMPANY OVERVIEW 231
15.2.2 SUZUKI MOTOR CORPORATION 232
TABLE 259 SUZUKI MOTOR CORPORATION: COMPANY OVERVIEW 232
15.2.3 SUBARU 233
TABLE 260 SUBARU: COMPANY OVERVIEW 233
15.2.4 TATA MOTORS 234
TABLE 261 TATA MOTORS: COMPANY OVERVIEW 234
15.2.5 MITSUBISHI MOTORS 235
TABLE 262 MITSUBISHI MOTORS: COMPANY OVERVIEW 235
15.2.6 MAHINDRA & MAHINDRA LIMITED 236
TABLE 263 MAHINDRA & MAHINDRA LIMITED: COMPANY OVERVIEW 236
15.2.7 VOLVO CAR CORPORATION 237
TABLE 264 VOLVO CAR CORPORATION: COMPANY OVERVIEW 237
15.2.8 TESLA, INC. 238
TABLE 265 TESLA, INC.: COMPANY OVERVIEW 238
15.2.9 MAZDA MOTOR CORPORATION 239
TABLE 266 MAZDA MOTOR CORPORATION: COMPANY OVERVIEW 239
15.2.10 BYD COMPANY LTD. 240
TABLE 267 BYD COMPANY LTD.: COMPANY OVERVIEW 240
15.2.11 ISUZU MOTORS LIMITED 241
TABLE 268 ISUZU MOTORS LIMITED: COMPANY OVERVIEW 241
16 APPENDIX 242
16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS 242
16.2 DISCUSSION GUIDE 242
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 245
16.4 CUSTOMIZATION OPTIONS 247
16.4.1 SUV MARKET, BY CLASS AND COUNTRY 247
16.4.1.1 B Segment 247
16.4.1.2 C Segment 247
16.4.1.3 D Segment 247
16.4.1.4 E Segment 247
16.4.2 ELECTRIC AND HYBRID SUV MARKET, BY REGION AND COUNTRY 247
16.4.2.1 Asia Pacific 247
16.4.2.1.1 China 247
16.4.2.1.2 India 247
16.4.2.1.3 Japan 247
16.4.2.1.4 South Korea 247
16.4.2.2 Europe 247
16.4.2.2.1 Germany 247
16.4.2.2.2 France 247
16.4.2.2.3 UK 247
16.4.2.2.4 Sweden 247
16.4.2.2.5 Norway 247
16.4.2.2.6 Netherlands 247
16.4.2.3 North America 247
16.4.2.3.1 US 247
16.4.2.3.2 Canada 247
16.5 RELATED REPORTS 248
16.6 AUTHOR DETAILS 249