Sport Utility Vehicles (SUVs) take on a new meaning in India. In a country where vehicles and their costs are deeply immersed in the concept of power and abundance, more Indians are avoiding the humble hatchbacks and gentleman sedans to opt for a ferocious face-on SUV. This new love of power and fame is laughing at the Society of Indian Automobile Manufacturers as the segment (UV) grows by 30% in fiscal 2016-17.
The SUV and sub-compact SUV market, in terms of sales, is projected to reach 30.16 Million Units by 2020, growing at a CAGR of 5% during the forecast period.
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The report covers key models from all major players in the global SUV market, including Ford Motor Company (the U.S.), Toyota Corporation (Japan), Honda Motor Company (Japan), Hyundai Motor Company (South Korea), and General Motors (the U.S.).
The study contains insights provided by various industry experts. The break-up of the primaries is as follows:
By Company Type – OEM – 42%, Tier-1 – 32 %, and Others – 26%
By Designation – C level – 40%, D level – 29%, and Others – 31%
By Region – North America – 38%, Europe – 22%, and Asia-Oceania – 30%, RoW – 10%
A full report of Global SUV Market is available at: https://www.orionmarketreports.com/suv-market/40750/
Scope of the Report
The research study analyzes the global SUV industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by SUV Market Report
1. What was the SUV Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of SUV Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the SUV Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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