Sports Utility Vehicle Market Trend, Growth, Price and Forecast to 2021

Market Research Analysts forecast the global sports utility vehicle market to grow at a CAGR of 19.03% during the period 2017-2021.

According to the report, one driver in market is automakers launching new models leading to new customer base. The global automotive industry is evolving rapidly with the emergence of new technologies and development of new vehicles. In the last decade, many new vehicles have been commercially viable to the mass market, especially with the entrance of new-age SUVs in the automotive market. The automakers have been working on the economics of demand and supply. In order to meet the potential demand, they have been working on the increasing the product line of SUVs.

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About Sports Utility Vehicle

An SUV is usually equipped with either four-wheel drive or all-wheel drive for off-road capability. These vehicles are usually built on the same platform as that of a light-duty truck and are generally shares the common chassis as used while manufacturing pick-up trucks or light duty trucks. In the past couple of years, the global automotive market has also witnessed the emergence of new vehicle type such as cross-utility vehicles (CUVs), which share the similar design as that of an SUV but they are built on passenger car chassis rather than station wagon chassis.

Covered in this report

The report covers the present scenario and the growth prospects of the global sports utility vehicle market for 2017-2021. To calculate the market size, the report analyses the global SUV market in the small-sized SUV, medium-sized SUV, and large-sized SUV segments.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio’s report, Global Sports Utility Vehicle Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Ford

GM

Daimler

Toyota

Volkswagen

Other prominent vendors

Honda Motor

Nissan Motor

Market driver

Automakers working in greenfield market driving the premium SUV segment.

For a full, detailed list, view our report

Market challenge

Reduced weight of small SUVs has increased the chances of roll-over accidents.

For a full, detailed list, view our report

Market trend

Integration of advanced safety technologies to gain higher safety ratings.

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

Complete Report Details @ https://marketreportscenter.com/reports/494139/global-sports-utility-vehicle-market-2017-2021

PART 01: Executive summary

PART 02: Scope of the report

Report coverage

Top-vendor offerings

PART 03: Market research methodology

Research methodology

Economic indicators

PART 04: Introduction

Key market highlights

What is an SUV?

History of SUVs

SUVs in the current automotive market

Modern SUVs gaining consumer popularity

Characteristics of an SUV

Market dynamics of the global SUV market

PART 05: Market landscape

Market overview

Market size and forecast

Five forces analysis

PART 06: Geographical segmentation

Market overview

SUV market in APAC

SUV market in Americas

SUV market in EMEA

PART 07: Market segmentation by vehicle type

Market overview

Global SUV market for small-sized SUVs

Global SUV market for medium-sized SUVs

Global SUV market for large-sized SUVs

……..CONTINUED

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Source: https://marketreportscenter.com/reports/494139/global-sports-utility-vehicle-market-2017-2021