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2023 SUV Market - Revenue, Trends, Growth Opportunities, Competition, COVID Strategies, Regional Analysis and Future outlook to 2030 (by products, applications, end cases)

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  • 146 Pages
  • September 2023
  • Region: Global
  • OG Analysis
  • ID: 5355833
UP TO OFF until Mar 31st 2024

SUV Market Overview

SUV Market Research Report is comprehensive research with in-depth data and contemporary analysis of the SUV market at a global, regional and key country level, covering different sub-segments of the industry.

The automotive industry is set to experience a few structural changes in the near term due to the rapid developments in novel technologies. Artificial intelligence (AI) and machine learning will significantly transform the manufacturing process improving robotic efficiency, accuracy, and consistency. Level 2 automation including active safety systems and driver assistance is allowing OEMs to add attractive features and bolster revenue growth. However, the full-fledged rollout of level 4 autonomous vehicles is expected to witness further delays for the technology to mature and for consumers to accept.

Impact of COVID-19 on SUV market

SUV market is quickly reaching its pre-COVID levels and a healthy growth rate is expected over the forecast period driven by the economic revival in most of the developing nations. Frequent suspension of public transport systems coupled with the highly contagious nature of the virus propelled the need for passenger cars leading to the derived demand for SUV products.

However, unprecedented situations due to expected third and further waves of the pandemic are creating a gloomy outlook. This study endeavors to evaluate different scenarios of COVID impact on the future of the SUV market from 2021 to 2028.

SUV Market Structure and Strategies of key competitors

Companies operating in SUV business are strategizing moves to enhance their market share highlighting their USP statements, diversifying product folio, and adding attractive features being a few of the key winning strategies. The report offers detailed profiles of top companies serving the SUV value chain along with their strategies for the near, medium, and long term period.

SUV Market Trends, Growth Opportunities, and Forecast Scenarios to 2028

Lockdowns across the globe in 2020 and continuing restrictions in 2021 disrupted the SUV supply chain posing challenges for manufactures in the SUV industry. Intense competition, fluctuating prices, and shifting OEM preferences are expected to be the major challenges for SUV Market during the forecast period.

The fast pace recovery of developing economies leading to increased disposable income will support the SUV market demand between 2021 and 2028.

The SUV research report portrays the latest trends shaping the SUV industry along with key demand drivers and potential challenges anticipated for the market during the outlook period.

SUV Market Analysis by Types, Applications and Regions

The research estimates global SUV market revenues in 2021, considering the SUV market prices, supply, demand, and trade analysis across regions. A detailed market share and penetration of different types, processes, and geographies in the SUV market from 2001 to 2028 is included.

The report covers North America, Europe, Asia Pacific, Middle East, Africa, and LATAM SUV market statistics from 2020 to 2028 with further division by leading product types, processes, and distribution channels of SUV. The status of the SUV market in 16 key countries over the world is elaborated to enable an in-depth understanding of the SUV industry.

What's Included in the Report

  • Global SUV market size and growth projections, 2020-2028
  • COVID impact on SUV industry with future scenarios
  • SUV market size, share, and outlook across 5 regions and 16 countries, 2020-2028
  • SUV market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2020-2028
  • Short and long term SUV market trends, drivers, restraints, and opportunities
  • Porter’s Five forces analysis, Technological developments in SUV market, SUV supply chain analysis
  • SUV trade analysis, SUV market price analysis, SUV supply/demand
  • Profiles of 5 leading companies in the industry-overview, key strategies, financials, and products
  • Latest SUV market news and developments

Who can benefit from this research

The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways
1. The report provides 2021 SUV market sales data at the global, regional, and key country level with a detailed outlook to 2028 allowing companies to calculate their market share and analyze prospects, and uncover new markets, and plan market entry strategy.
2. The research includes the SUV market split by different types and applications. This segmentation helps managers plan their products and budgets based on future growth rates of each segment
3. The SUV market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigate risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing SUV business prospects by region, key countries, and top companies' information to channel their investments.

Additional support

  • All the data presented in tables and charts of the report is provided in a separate Excel document
  • Print authentication allowed on purchase of online versions
  • 10% free customization to include any specific data/analysis to match with the requirement
  • 3 months of analyst support

This product will be delivered within 1-3 business days.

Table of Contents

1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Global SUV Market Introduction, 2021
2.1 SUV Industry Overview
2.2 Research Methodology
3. SUV Market Analysis
3.1 SUV Market Trends to 2028
3.2 Future Opportunities in SUV Market
3.3 Dominant Applications of SUV to 2028
3.4 Key Types of SUV to 2028
3.5 Leading End Uses of SUV Market to 2028
3.6 High Prospect Countries for SUV Market to 2028
4. SUV Market Drivers and Challenges
4.1 Key Drivers Fuelling the SUV Market Growth to 2028
4.2 Major Challenges in the SUV industry
4.3 Impact of COVID on SUV Market to 2028
5 Five Forces Analysis for Global SUV Market
5.1 SUV Industry Attractiveness Index, 2021
5.2 Ranking Methodology
5.3 Threat of New Entrants
5.4 Bargaining Power of Suppliers
5.5 Bargaining Power of Buyers
5.6 Intensity of Competitive Rivalry
5.7 Threat of Substitutes
6. Global SUV Market Share, Structure, and Outlook
6.1 SUV Market Sales Outlook, 2022-2028 ($ Million)
6.1 Global SUV Market Sales Outlook by Type, 2022-2028 ($ Million)
6.2 Global SUV Market Sales Outlook by Application, 2022-2028 ($ Million)
6.3 Global SUV Market Revenue Outlook by End-User, 2022-2028 ($ Million)
6.4 Global SUV Market Revenue Outlook by Region, 2022-2028 ($ Million)
7. Asia Pacific SUV Market Size, Share, Competition and Outlook
7.1 Asia Pacific Market Findings, 2022
7.2 Asia Pacific SUV Market Forecast by Type, 2022-2028
7.3 Asia Pacific SUV Market Forecast by Application, 2022-2028
7.4 Asia Pacific SUV Revenue Forecast by End-User, 2022-2028
7.5 Asia Pacific SUV Revenue Forecast by Country, 2022-2028
7.6 Leading Companies in Asia Pacific SUV Industry
8. Europe SUV Market Trends, Outlook, and Growth Prospects
8.1 Europe Key Findings, 2022
8.2 Europe SUV Market Size and Share by Type, 2022-2028
8.3 Europe SUV Market Size and Share by Application, 2022-2028
8.4 Europe SUV Market Size and Share by End-User, 2022-2028
8.5 Europe SUV Market Size and Share by Country, 2022-2028
8.6 Leading Companies in Europe SUV Industry
9. North America SUV Market Trends, Outlook, and Growth Prospects
9.1 North America Key Findings, 2022
9.2 North America SUV Market Outlook by Type, 2022-2028
9.3 North America SUV Market Outlook by Application, 2022-2028
9.4 North America SUV Market Outlook by End-User, 2022-2028
9.5 North America SUV Market Outlook by Country, 2022-2028
9.6 Leading Companies in North America SUV Business
10. Latin America SUV Market Drivers, Challenges, and Growth Prospects
10.1 Latin America Key Findings, 2022
10.2 Latin America SUV Market Future by Type, 2022-2028
10.3 Latin America SUV Market Future by Application, 2022-2028
10.4 Latin America SUV Market Analysis by End-User, 2022-2028
10.5 Latin America SUV Market Analysis by Country, 2022-2028
10.6 Leading Companies in Latin America SUV Industry
11. Middle East Africa SUV Market Outlook and Growth Prospects
11.1 Middle East Africa Key Findings, 2022
11.2 Middle East Africa SUV Market Share by Type, 2022-2028
11.3 Middle East Africa SUV Market Share by Application, 2022-2028
11.3 Middle East Africa SUV Market Forecast by End-User, 2022-2028
11.4 Middle East Africa SUV Market Forecast by Country, 2022-2028
11.5 Leading Companies in Middle East Africa SUV Business
12. SUV Market Structure and Competitive Landscape
12.1 Key Companies in SUV Business
12.2 SUV Key Player Benchmarking
12.3 SUV Product Portfolio
12.4 Financial Analysis
12.5 SWOT and Financial Analysis Review
14. Latest News, Deals, and Developments in SUV Market
15 Appendix
15.1 Publisher Expertise
15.2 SUV Industry Report Sources and Methodology