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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Sport Utility Vehicle (SUV) Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The sport utility vehicle (suv) market is expected to reach usd 124.63 billion by 2030, which is usd 39.99 billion in 2022, at a cagr of 15.30% during the forecast period.
Competitive Landscape Analysis:
The main players in the Sport Utility Vehicle (SUV) market include Ford Motor Company (U.S.), General Motors (U.S.), AUDI AG (Germany), Kia Motors Corporation (South Korea), and Groupe Renault (France). The share of the top 3 players in the Sport Utility Vehicle (SUV) market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Sport Utility Vehicle (SUV) market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. SUV-C accounted for xx% of Sport Utility Vehicle (SUV) market in 2022. SUV-D share of xx%.
Remote Areas accounted for xx% of the Sport Utility Vehicle (SUV) market in 2022. Recreation accounts for xx%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
In recent years, a series of factors are affecting the development of the automotive industry.
Electric Vehicles (EVs): The shift towards electric vehicles has gained significant momentum in recent years. Automakers are investing heavily in EV development and expanding their electric vehicle lineups. This trend is driven by factors such as government regulations to reduce emissions, improvements in battery technology, and increasing consumer interest in eco-friendly transportation options.
Autonomous Driving: Autonomous driving technology has advanced rapidly, with the development of sophisticated sensors, machine learning algorithms, and connectivity systems. Automakers and tech companies are investing in autonomous driving research and development, aiming to achieve higher levels of vehicle automation. This trend holds the promise of safer and more efficient transportation, as well as new business models like autonomous ride-hailing services.
Shared Mobility: The concept of shared mobility has gained popularity, particularly in urban areas. Services like ride-hailing, car-sharing, and car subscription models have experienced significant growth. These services offer convenience, cost savings, and reduced traffic congestion by optimizing vehicle utilization. Automakers are responding by entering partnerships or launching their own shared mobility platforms.
Segmental Analysis
North America
United States
Canada
China
Asia Pacific (Excluding China)
Japan
Korea
Southeast Asia
India
Australia
EMEA
Europe
Germany
France
UK
Italy
Russia
Nordic
Middle East
Africa
Latin America
Brazil
Argentina
Mexico
Some of the Top Market Players Covered Are:
Ford Motor Company (U.S.)
General Motors (U.S.)
AUDI AG (Germany)
Kia Motors Corporation (South Korea)
Groupe Renault (France)
Groupe PSA (France)
SAIC Motor Corporation Limited (China)
Tesla (U.S.)
Daimler AG (Germany)
BMW AG (Germany)
Hyundai Motor Company (South Korea)
BYD Company Ltd. (China)
Continental AG (Germany)
TOYOTA MOTOR CORPORATION (Japan)
Nissan Motor Co., LTD. (Japan)
Volkswagen AG (Germany)
AB Volvo (Sweden)
Honda Motor Co., Ltd. (Japan)
Market outlook by product/service type:
SUV-C
SUV-D
SUV-E
SUV-F
Market outlook by Application :
Remote Areas
Recreation
Motorsport
Table of Content
1 Sport Utility Vehicle (SUV) Market Introduction and Overview
1.1 Sport Utility Vehicle (SUV) Definition
1.2 Research Purposes
1.3 Currency Rate
1.4 Report Timeline
1.5 Economic Analysis of Global Regions
1.6 Inflation Analysis
1.7 The Impact of the Russian-Ukrainian War on the Market
2 Market Competition by Manufacturers
2.1 Global Sport Utility Vehicle (SUV) Sales and Market Share by Manufacturer
2.2 Global Sport Utility Vehicle (SUV) Revenue and Market Share by Manufacturer
2.3 Global Sport Utility Vehicle (SUV) Average Price by Manufacturers
2.4 Manufacturers Sport Utility Vehicle (SUV) Production Sites, Area Served, Product Types
2.5 Sport Utility Vehicle (SUV) Market Competitive Situation and Trends
2.5.1 Sport Utility Vehicle (SUV) Market Concentration Rate
2.5.2 Global Top 5 and Top 10 Players Market Share by Revenue in 2023
2.5.3 Mergers & Acquisitions, Expansion
3 Global Sport Utility Vehicle (SUV) Historical Market Analysis by Type
3.1 Market Size Analysis by Types
3.1.4 Global Sport Utility Vehicle (SUV) Market Share by Type 2018 VS 2022
3.2 Global Sport Utility Vehicle (SUV) Revenue and Market Share by Type
3.3 Global Sport Utility Vehicle (SUV) Sales and Market Share by Type
4 Global Sport Utility Vehicle (SUV) Historical and Forecast Market Analysis by Application
4.1 Market Size Analysis by Application
4.1.4 Global Sport Utility Vehicle (SUV) Market Share by Application 2018 VS 2022
4.2 Global Sport Utility Vehicle (SUV) Revenue Market Share by Application (2018-2023)
4.3 Global Sport Utility Vehicle (SUV) Sales Market Share by Application (2018-2023)
5 Global Market Growth Trends Analysis
5.1 Global Sport Utility Vehicle (SUV) Market Size (2018-2023)
5.2 Sport Utility Vehicle (SUV) Growth Trends Analysis by Regions
5.2.1 Sport Utility Vehicle (SUV) Market Size by Regions: 2018 VS 2023 VS 2029
5.2.2 Sport Utility Vehicle (SUV) Historic Revenue Market Size by Regions (2018-2023)
5.2.3 Sport Utility Vehicle (SUV) Historic Sales Market Size by Regions (2018-2023)
5.3 North America
5.3.1 North America Sport Utility Vehicle (SUV) Revenue by Countries (2018-2023)
5.3.2 North America Sport Utility Vehicle (SUV) Sales by Countries (2018-2023)
5.3.3 North America SWOT Analysis
5.3.4 United States
5.3.5 Canada
5.4 China
5.4.1 China SWOT Analysis
5.5 Asia Pacific (Excluding China)
5.5.1 Asia Pacific Sport Utility Vehicle (SUV) Revenue by Countries (2018-2023)
5.5.2 Asia Pacific Sport Utility Vehicle (SUV) Sales by Countries (2018-2023)
5.5.3 Asia Pacific SWOT Analysis
5.5.4 Japan
5.5.5 Korea
5.5.6 Southeast Asia
5.5.7 India
5.5.8 Australia
5.6 EMEA
5.6.1 EMEA Sport Utility Vehicle (SUV) Revenue by Countries (2018-2023)
5.6.2 EMEA Sport Utility Vehicle (SUV) Sales by Countries (2018-2023)
5.6.3 EMEA SWOT Analysis
5.6.4 Europe
5.6.5 Middle East
5.6.6 Africa
5.7 Latin America
5.7.1 Latin America Sport Utility Vehicle (SUV) Revenue by Countries (2018-2023)
5.7.2 Latin America Sport Utility Vehicle (SUV) Sales by Countries (2018-2023)
5.7.3 Latin America SWOT Analysis
5.7.4 Brazil
5.7.5 Argentina
5.7.6 Mexico
6 Players Profiles
6.1 Ford Motor Company (U.S.)
6.1.1 Ford Motor Company (U.S.) Company Profile
6.1.2 Sport Utility Vehicle (SUV) Product Overview
6.1.3 Ford Motor Company (U.S.) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.1.4 Ford Motor Company (U.S.) Business Overview
6.1.5 SWOT Analysis
6.2 General Motors (U.S.)
6.2.1 General Motors (U.S.) Company Profile
6.2.2 Sport Utility Vehicle (SUV) Product Overview
6.2.3 General Motors (U.S.) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.2.4 General Motors (U.S.) Business Overview
6.2.5 SWOT Analysis
6.3 AUDI AG (Germany)
6.3.1 AUDI AG (Germany) Company Profile
6.3.2 Sport Utility Vehicle (SUV) Product Overview
6.3.3 AUDI AG (Germany) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.3.4 AUDI AG (Germany) Business Overview
6.3.5 SWOT Analysis
6.4 Kia Motors Corporation (South Korea)
6.4.1 Kia Motors Corporation (South Korea) Company Profile
6.4.2 Sport Utility Vehicle (SUV) Product Overview
6.4.3 Kia Motors Corporation (South Korea) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.4.4 Kia Motors Corporation (South Korea) Business Overview
6.4.5 SWOT Analysis
6.5 Groupe Renault (France)
6.5.1 Groupe Renault (France) Company Profile
6.5.2 Sport Utility Vehicle (SUV) Product Overview
6.5.3 Groupe Renault (France) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.5.4 Groupe Renault (France) Business Overview
6.5.5 SWOT Analysis
6.6 Groupe PSA (France)
6.6.1 Groupe PSA (France) Company Profile
6.6.2 Sport Utility Vehicle (SUV) Product Overview
6.6.3 Groupe PSA (France) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.6.4 Groupe PSA (France) Business Overview
6.6.5 SWOT Analysis
6.7 SAIC Motor Corporation Limited (China)
6.7.1 SAIC Motor Corporation Limited (China) Company Profile
6.7.2 Sport Utility Vehicle (SUV) Product Overview
6.7.3 SAIC Motor Corporation Limited (China) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.7.4 SAIC Motor Corporation Limited (China) Business Overview
6.7.5 SWOT Analysis
6.8 Tesla (U.S.)
6.8.1 Tesla (U.S.) Company Profile
6.8.2 Sport Utility Vehicle (SUV) Product Overview
6.8.3 Tesla (U.S.) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.8.4 Tesla (U.S.) Business Overview
6.8.5 SWOT Analysis
6.9 Daimler AG (Germany)
6.9.1 Daimler AG (Germany) Company Profile
6.9.2 Sport Utility Vehicle (SUV) Product Overview
6.9.3 Daimler AG (Germany) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.9.4 Daimler AG (Germany) Business Overview
6.9.5 SWOT Analysis
6.10 BMW AG (Germany)
6.10.1 BMW AG (Germany) Company Profile
6.10.2 Sport Utility Vehicle (SUV) Product Overview
6.10.3 BMW AG (Germany) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.10.4 BMW AG (Germany) Business Overview
6.10.5 SWOT Analysis
6.11 Hyundai Motor Company (South Korea)
6.11.1 Hyundai Motor Company (South Korea) Company Profile
6.11.2 Sport Utility Vehicle (SUV) Product Overview
6.11.3 Hyundai Motor Company (South Korea) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.11.4 Hyundai Motor Company (South Korea) Business Overview
6.11.5 SWOT Analysis
6.12 BYD Company Ltd. (China)
6.12.1 BYD Company Ltd. (China) Company Profile
6.12.2 Sport Utility Vehicle (SUV) Product Overview
6.12.3 BYD Company Ltd. (China) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.12.4 BYD Company Ltd. (China) Business Overview
6.12.5 SWOT Analysis
6.13 Continental AG (Germany)
6.13.1 Continental AG (Germany) Company Profile
6.13.2 Sport Utility Vehicle (SUV) Product Overview
6.13.3 Continental AG (Germany) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.13.4 Continental AG (Germany) Business Overview
6.13.5 SWOT Analysis
6.14 TOYOTA MOTOR CORPORATION (Japan)
6.14.1 TOYOTA MOTOR CORPORATION (Japan) Company Profile
6.14.2 Sport Utility Vehicle (SUV) Product Overview
6.14.3 TOYOTA MOTOR CORPORATION (Japan) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.14.4 TOYOTA MOTOR CORPORATION (Japan) Business Overview
6.14.5 SWOT Analysis
6.15 Nissan Motor Co., LTD. (Japan)
6.15.1 Nissan Motor Co., LTD. (Japan) Company Profile
6.15.2 Sport Utility Vehicle (SUV) Product Overview
6.15.3 Nissan Motor Co., LTD. (Japan) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.15.4 Nissan Motor Co., LTD. (Japan) Business Overview
6.15.5 SWOT Analysis
6.16 Volkswagen AG (Germany)
6.16.1 Volkswagen AG (Germany) Company Profile
6.16.2 Sport Utility Vehicle (SUV) Product Overview
6.16.3 Volkswagen AG (Germany) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.16.4 Volkswagen AG (Germany) Business Overview
6.16.5 SWOT Analysis
6.17 AB Volvo (Sweden)
6.17.1 AB Volvo (Sweden) Company Profile
6.17.2 Sport Utility Vehicle (SUV) Product Overview
6.17.3 AB Volvo (Sweden) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.17.4 AB Volvo (Sweden) Business Overview
6.17.5 SWOT Analysis
6.18 Honda Motor Co., Ltd. (Japan)
6.18.1 Honda Motor Co., Ltd. (Japan) Company Profile
6.18.2 Sport Utility Vehicle (SUV) Product Overview
6.18.3 Honda Motor Co., Ltd. (Japan) Sport Utility Vehicle (SUV) Market Performance (2018-2023)
6.18.4 Honda Motor Co., Ltd. (Japan) Business Overview
6.18.5 SWOT Analysis
7 Sport Utility Vehicle (SUV) Manufacturing Cost Analysis
7.1 Sport Utility Vehicle (SUV) Key Raw Materials Analysis
7.1.1 Key Raw Materials
7.1.2 Price Trend of Key Raw Materials
7.1.3 Key Suppliers of Raw Materials
7.2 Proportion of Manufacturing Cost Structure
7.3 Manufacturing Process Analysis of Sport Utility Vehicle (SUV)
7.4 Sport Utility Vehicle (SUV) Industrial Chain Analysis
8 Market Channel, Distributors, Traders and Dealers
8.1 Market Channel Status
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.2 Sport Utility Vehicle (SUV) Typical Distributors
8.3 Sport Utility Vehicle (SUV) Typical Customers
9 Sport Utility Vehicle (SUV) Industry Dynamic Analysis
9.1 Sport Utility Vehicle (SUV) Market Trends Analysis
9.2 Sport Utility Vehicle (SUV) Market Drivers Analysis
9.3 Sport Utility Vehicle (SUV) Market Challenges Analysis
9.4 Sport Utility Vehicle (SUV) Market Restraints Analysis
10 Global Sport Utility Vehicle (SUV) Forecast Market Analysis by Type & Application
10.1 Global Sport Utility Vehicle (SUV) Revenue Market Forecast by Type (2023-2029)
10.2 Global Sport Utility Vehicle (SUV) Sales Market Forecast by Type (2023-2029)
10.3 Sport Utility Vehicle (SUV) Revenue Market Forecast by Application (2023-2029)
10.4 Sport Utility Vehicle (SUV) Sales Market Forecast by Application (2023-2029)
11 Global Sport Utility Vehicle (SUV) Forecast Market Analysis by Region
11.1 Sport Utility Vehicle (SUV) Revenue Market Forecast by Region (2023-2029)
11.2 Sport Utility Vehicle (SUV) Sales Market Forecast by Region (2023-2029)
11.3 North America Sport Utility Vehicle (SUV) Forecast Market Analysis
11.4 EMEA Sport Utility Vehicle (SUV) Forecast Market Analysis
11.5 China Sport Utility Vehicle (SUV) Forecast Market Analysis
11.6 Asia-Pacific Sport Utility Vehicle (SUV) Forecast Market Analysis
11.7 Latin America Sport Utility Vehicle (SUV) Forecast Market Analysis
12 Research Findings and Conclusion
Research Methodology:
Sport Utility Vehicle (SUV) Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Qualitative Analysis |
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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