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Sports Utility Vehicles (SUVs) Market Trends  

The global market for Sports Utility Vehicles (SUVs) is projected to surpass 21 million units by 2020, driven by declining fuel prices, safe, convenient, comfortable and luxuriant personal mobility needs in emerging markets, and growing preference for recreation driving in remote & rugged areas. Asia-Pacific represents the largest market worldwide. Despite slowing economic growth and the subsequent weakness in new car sales, China and India continue to remain primary markets for SUVs. The growth in these markets is supported by the sheer size of population and large untapped opportunities among the rural and expanding urban middle class consumer segment. Continued industrialization, rising employment levels, improving standard of living, increasing discretionary spends, and development of road infrastructure, represent other factors driving growth in the market. The United States with a CAGR of 7.7% through the analysis period ranks as one of the major markets worldwide. More...

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Snapshot Summary of Trends & Drivers

  • Consumer Demand for Versatility & Performance in Automobiles Drives SUV Sales
  • Higher Seating Position, Higher Ground Clearance, & Off-road Capability Features Drive Demand
  • Launch of New Models with Creative Designs & Technology Features Provides Growth Opportunities
  • Strict Fuel Efficiency Standards Drive Demand for Subcompact SUVs with Turbocharged-Engines
  • Growing Replacement Needs to Generate Substantial Demand for SUVs
  • Demand for Compact & Mid-size SUVs in Emerging Markets Benefits Growth
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Market Analytics

  • Market Estimates and Forecasts for 2014-2020
  • Historic Review 2007-2013
  • Geographic Regions Covered – The US, US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, South Korea, and Rest of Asia-Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Rest of World
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Market Profiling

  • Market Trends & Issues
  • Growth Drivers & Enablers
  • Growth Inhibitors
  • Opportunities and Challenges
  • Recent Industry Activity
  • Product Innovations & Trends
  • Market Analyses, Facts, Figures & Forecasts
  • Coverage of Major & Niche Players
  • Comprehensive Geographic Coverage
  • Extensive Product Coverage
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Competitive Intelligence

  • 56 major and niche players covered

Major Players

  • Bayerische Motoren Werke AG
  • Fiat Chrysler Automobiles Group
  • Ford Motor Company
  • General Motors Company
  • Honda Motor Co., Ltd.
  • Motor Co., Ltd.
  • Toyota Motor Corporation
  • Volkswagen AG
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Market Research Report Details

The research report titled “Sports Utility Vehicles (SUVs): A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, drivers, opportunities, challenges and issues in addition to current coverage on company information and latest news and events including strategic corporate developments, and product innovations. The report helps identify the biggest opportunities in this space and offers accurate latent demand forecasting that empowers quantitative decision making among existing market players and new entrants.

To view complete report details including the full table of contents (TOC) and to sign up for a comprehensive complimentary review of our research program including details on methodology, secondary and primary sources and summary of research findings, please click here

1. Infographics Compiled From Search Engine Research

Source: http://www.moneyhero.com.hk/blog/en/infographic-should-you-get-a-sedan-or-an-suv

2. Infographics Compiled From Search Engine Research

Source: http://www.gocompare.com/van-insurance/is-my-vehicle-a-car-or-van/

3. Infographics Compiled From Search Engine Research

Source: http://www.autocaraustralia.com/best-australian-7-seater-suvs-and-7-seater-cars-2014/