세계의 SUV 시장 : 유형별, 추진별, 클래스별, 좌석수별, EV 유형별, 지역별 예측(-2032년)

The SUV market is expected to grow from USD 1,180.30 billion in 2025 to USD 1,673.57 billion in 2032, registering a CAGR of 5.1%.

In the US and Europe, SUV demand is increasingly driven by advanced chassis architectures, where OEMs are integrating adaptive air suspensions, active roll control, and terrain-calibrated torque management systems to enhance both on-road dynamics and off-road articulation. Premium SUV growth is supported by the shift to zonal E/E architectures, enabling real-time damping control, predictive ADAS functions, and improved NVH isolation through active noise cancellation. Electrification is accelerating due to consumer demand for high-performance e-SUVs, pushing OEMs toward 800V platforms, high-density NMC battery packs, and multi-motor e-axles that deliver higher towing capacity and thermal robustness, critical performance differentiators in the Western market.

In China, India, and Japan, the momentum for compact and mid-size SUVs is being shaped by modular skateboard and multi-energy platforms that enable OEMs to package hybrid, turbo-petrol, and BEV powertrains without requiring redesign of the vehicle architecture. The shift toward 1.0-1.5L turbocharged GDI engines, strong-hybrid systems with e-CVTs, and localized battery modules has made SUVs more efficient and cost-competitive than sedans. Chinese and Indian manufacturers are also deploying lightweight multilink rear suspensions, high-strength steel cages, and compact e-drive units to improve handling and crash safety while maintaining aggressive pricing.

"The 5-seater segment is expected to hold a larger market share during the forecast period."

Mini, compact, and select mid-size SUVs in Asia Pacific and Europe continue to gain traction due to their optimized 2-row configurations, which balance urban maneuverability with enhanced cabin ergonomics. In Asia Pacific, increased disposable income and rapid urban expansion are pushing young buyers toward SUVs that integrate advanced infotainment domains, ADAS Level 1-2 features, and high-efficiency turbo-hybrid powertrains, delivering premium functionality without the pricing burden of larger segments. Automakers are also leveraging localized modular platforms (e.g., CMP, TNGA-B, BMA) to engineer roomier 5-seater layouts and maximize interior volume despite compact exterior footprints, directly appealing to dense-city use cases.

In Europe, the surge in premium 5-seater mid-size SUVs is driven by the demand for vehicles that combine long-distance comfort, upgraded multilink rear suspensions, and enhanced cargo capacity while remaining compliant with stringent EU emissions and safety norms. European OEMs, such as Volkswagen, BMW, Mercedes-Benz, Skoda, and Audi, are expanding their portfolios with models featuring 48V mild-hybrid integration, advanced chassis domain control units, and high-strength, lightweight structures to improve both efficiency and dynamic capability. These engineering advancements, combined with consumer preferences for spacious yet city-suitable vehicles, are reinforcing the growth of the 5-seater SUV segment.

"Class D is expected to be the largest segment during the forecast period."

Class D continues to dominate global SUV demand, as India, China, and Thailand shift toward larger, multi-row vehicles built on scalable architectures like MQB, TNGA-K, SPA, and CLAR, which enable higher wheelbases and improved cabin packaging. These models increasingly feature electrified AWD (e-axles), 2.0-3.0L turbocharged powertrains, and multilink rear suspensions, providing superior tractability and high-speed stability compared to smaller classes. Rising consumer preference for 3-row flexibility, higher towing capacity, and long-distance ride comfort continues to make Class-D SUVs attractive in both ICE and hybrid categories. Premium OEMs, including BMW, Mercedes-Benz, Lexus, Land Rover, and Cadillac, are upgrading this segment with 48V systems, advanced ADAS L2+/L3 preparation, and lightweight aluminum subframes, further driving market growth. As emerging markets upscale and infrastructure improves, Class-D SUVs are becoming the default choice for families seeking larger footprint vehicles with premium mechanical and software capabilities.

The Americas is expected to be the second-largest market during the forecast period."

The Americas remain the second-largest SUV market, driven by strong demand for premium D- and E-segment SUVs equipped with high-output turbo/V6 engines, electrified AWD systems, and advanced ADAS L2+ suites. In the US, luxury OEMs now generate 70-80% of their premium volumes from SUVs, supported by consumer preference for high ground clearance, tow ratings above 3,500-5,000 lbs, multi-terrain drive modes, and long-wheelbase comfort. The shift toward hybrid and extended-range SUV architectures is accelerating as CAFE and EPA standards tighten, pushing Ford, GM, and Stellantis to expand battery-electric body-on-frame platforms. Full-size and three-row SUVs remain dominant due to their superior cabin space and payload/towing capability, making them the preferred choice across the US and Canada. Mexico contributes to strong growth in compact and mid-size SUVs, driven by cost-sensitive buyers and the expansion of local manufacturing by Asian OEMs. The competitive landscape is intensifying as Tesla, Hyundai-Kia, BMW, and Toyota scale up regional production of electric and hybrid SUVs, reshaping the powertrain mix and supply chain localization.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

• By Company Type: Automotive OEMs - 90%, Tier 1 - 10%
• By Designation: C-level - 35%, Director Level - 55%, Others - 10%
• By Region: North America - 20%, Europe - 45%, Asia Pacific - 30%, Rest of the World - 5%

The SUV market is dominated by established players, such as Toyota Motor Corporation (Japan), Hyundai Motor Company (South Korea), Honda Motor Co., Ltd. (Japan), General Motors (US), Ford Motor Company (US), and Stellantis (Netherlands).

Research Coverage:

The study segments the SUV market and forecasts the market size based on type (mini, compact, mid-size, full-size, MPV/MUV), seating capacity (5-seater, >5-seater), propulsion (diesel, gasoline, electric), class (B, C, D, E), electric & hybrid vehicle type (BEV, PHEV, FCEV), and region (Asia Pacific, Europe, Americas).

Key Benefits of Purchasing this Report

The study provides a comprehensive competitive analysis of key market players, including their company profiles, key insights into product and business offerings, recent developments, and primary market strategies. The report will assist market leaders and new entrants with estimates of revenue figures for the overall SUV market and its subsegments. It helps stakeholders understand the competitive landscape and gain additional insights to better position their businesses and develop effective go-to-market strategies. Additionally, the report provides information on key market drivers, restraints, challenges, and opportunities, enabling stakeholders to stay informed about market dynamics.

The report provides insights into the following points:

• Analysis of key drivers (demand for premium vehicles with advanced features and consumer inclination toward compact and mid-size SUVs), restraints (high cost of SUVs), opportunities (trend of electrification), and challenges (Adherence to fuel economy and emission limits and range limitations of electric SUVs) influencing the growth of the SUV market
• Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the SUV market
• Market Development: Comprehensive information about lucrative markets; the report analyzes the SUV across various regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the SUV market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Toyota Motor Corporation (Japan), Hyundai Motor Company (South Korea), Honda Motor (Japan), General Motors (US), Ford Motor Company (US), and Stellantis (Netherlands)

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 STAKEHOLDERS
• 1.7 SUMMARY OF CHANGES

2 EXECUTIVE SUMMARY

• 2.1 KEY INSIGHTS AND MARKET HIGHLIGHTS
• 2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS
• 2.3 DISRUPTIVE TRENDS IN SUV MARKET
• 2.4 HIGH-GROWTH SEGMENTS
• 2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST
• 2.6 SUV PRODUCTION VS. SALES OUTLOOK
• 2.7 SUV PRODUCTION VS. TOTAL CAR PRODUCTION OUTLOOK

3 PREMIUM INSIGHTS

• 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SUV MARKET
• 3.2 SUV MARKET, BY TYPE
• 3.3 SUV MARKET, BY SEATING CAPACITY
• 3.4 SUV MARKET, BY CLASS
• 3.5 SUV MARKET, BY PROPULSION
• 3.6 ELECTRIC SUV MARKET, BY TYPE
• 3.7 SUV MARKET, BY REGION

4 MARKET OVERVIEW

• 4.1 INTRODUCTION
• 4.2 MARKET DYNAMICS
  • 4.2.1 DRIVERS
    • 4.2.1.1 Surge in demand for premium vehicles with advanced features
    • 4.2.1.2 Consumer inclination toward compact and mid-size SUVs
    • 4.2.1.3 Launch of new EV models by major OEMs
  • 4.2.2 RESTRAINTS
    • 4.2.2.1 High cost of SUVs
  • 4.2.3 OPPORTUNITIES
    • 4.2.3.1 Trend of electrification
  • 4.2.4 CHALLENGES
    • 4.2.4.1 Adherence to fuel economy and emission limits
    • 4.2.4.2 Range limitations of electric SUVs
• 4.3 UNMET NEEDS AND WHITE SPACES
• 4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
• 4.5 STRATEGIC MOVES BY TIER-1/2/3 SUPPLIERS

5 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS

• 5.1 KEY TECHNOLOGIES
  • 5.1.1 800V ELECTRIFIED POWERTRAIN SYSTEMS
  • 5.1.2 ADAS AND AUTONOMOUS DRIVING SUITES
• 5.2 COMPLEMENTARY TECHNOLOGIES
  • 5.2.1 AR-BASED HEAD-UP DISPLAYS
  • 5.2.2 PACKAGED FUEL CELL POWER MODULES
• 5.3 TECHNOLOGY ROADMAP
  • 5.3.1 SHORT-TERM ROADMAP
  • 5.3.2 MID-TERM ROADMAP
  • 5.3.3 LONG-TERM ROADMAP
• 5.4 PATENT ANALYSIS
• 5.5 FUTURE APPLICATIONS
• 5.6 IMPACT OF AI/GEN AI
  • 5.6.1 TOP USE CASES AND MARKET POTENTIAL
  • 5.6.2 BEST PRACTICES
  • 5.6.3 CASE STUDIES OF AI IMPLEMENTATION
  • 5.6.4 INTERCONNECTED ECOSYSTEM AND IMPACT ON MARKET PLAYERS
  • 5.6.5 CLIENTS' READINESS TO ADOPT AI/GEN AI
  • 5.6.6 SUCCESS STORIES AND REAL-WORLD APPLICATIONS
    • 5.6.6.1 Ford Motor Company: AI for adaptive vehicle diagnostics and predictive maintenance
    • 5.6.6.2 Mercedes-Benz Group: Gen AI for personalized in-cabin experience and design optimization
    • 5.6.6.3 Hyundai Motor Company: AI for energy management and off-road performance optimization

6 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR

• 6.1 DECISION-MAKING PROCESS
• 6.2 BUYER STAKEHOLDERS AND BUYING EVALUATION CRITERIA
  • 6.2.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 6.2.2 BUYING CRITERIA
• 6.3 ADOPTION BARRIERS AND INTERNAL CHALLENGES
• 6.4 UNMET NEEDS FROM END-USE INDUSTRIES
• 6.5 MARKET PROFITABILITY
  • 6.5.1 REVENUE POTENTIAL
  • 6.5.2 COST DYNAMICS
  • 6.5.3 MARGIN OPPORTUNITIES BY APPLICATION

7 REGULATORY LANDSCAPE

• 7.1 REGIONAL REGULATIONS AND COMPLIANCE
  • 7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 7.1.2 INDUSTRY STANDARDS

8 INDUSTRY TRENDS

• 8.1 MACROECONOMIC INDICATORS
  • 8.1.1 INTRODUCTION
  • 8.1.2 GDP TRENDS AND FORECAST
  • 8.1.3 TRENDS IN SUV INDUSTRY
• 8.2 ECOSYSTEM ANALYSIS
  • 8.2.1 OEMS
  • 8.2.2 COMPONENT MANUFACTURERS
  • 8.2.3 SOFTWARE PROVIDERS
  • 8.2.4 SUV CHARGING PROVIDERS
  • 8.2.5 BATTERY MANUFACTURERS
  • 8.2.6 END USERS
• 8.3 SUPPLY CHAIN ANALYSIS
• 8.4 PRICING ANALYSIS
  • 8.4.1 AVERAGE SELLING PRICE OF SUVS OFFERED BY KEY PLAYERS, 2024
  • 8.4.2 AVERAGE SELLING PRICE OF ICE SUVS, BY REGION, 2024
  • 8.4.3 AVERAGE SELLING PRICE OF ELECTRIC SUVS, BY REGION, 2024
• 8.5 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 8.6 INVESTMENT AND FUNDING SCENARIO
• 8.7 FUNDING, BY APPLICATION
• 8.8 KEY CONFERENCES AND EVENTS, 2025-2026
• 8.9 TRADE ANALYSIS
  • 8.9.1 IMPORT SCENARIO (HS CODE 870380)
  • 8.9.2 EXPORT SCENARIO (HS CODE 870380)
• 8.10 CASE STUDY ANALYSIS
  • 8.10.1 ELECTRIFIED SUV MANUFACTURING EXPANSION
  • 8.10.2 PREMIUM ELECTRIC SUV PORTFOLIO REVAMP
  • 8.10.3 STRATEGIC INVESTMENTS FOR MARKET DIVERSIFICATION
• 8.11 EXISTING AND UPCOMING SUV MODELS
• 8.12 TOTAL COST OF OWNERSHIP
• 8.13 ICE VS. EV PRICE COMPARISON
• 8.14 BILL OF MATERIALS
• 8.15 GLOBAL SUV L**H ANALYSIS
• 8.16 GLOBAL ELECTRIC SUV L**H ANALYSIS
• 8.17 SUV VS. TOTAL PASSENGER VEHICLE VOLUME SALES, 2018-2023
• 8.18 SUV VS. TOTAL PASSENGER VEHICLE VOLUME SALES, 2024-2030
• 8.19 SUV PENETRATION IN TOTAL PASSENGER CAR SALES, 2018-2030
• 8.20 GLOBAL SUV SALES, BY TYPE, 2023-2030
• 8.21 GLOBAL SUV SALES, BY PROPULSION, 2023-2030
• 8.22 GLOBAL SUV SALES, BY REGION, 2018-2030
• 8.23 SUV L**H ANALYSIS, BY REGION
  • 8.23.1 NORTH AMERICA
  • 8.23.2 EUROPE
  • 8.23.3 ASIA PACIFIC
• 8.24 GLOBAL AVERAGE BATTERY COST ANALYSIS
• 8.25 ELECTRIC SUV BATTERY CAPACITY VS. RANGE ANALYSIS
• 8.26 ELECTRIC SUV PRICING VS. RANGE ANALYSIS
• 8.27 FUEL CELLS IN SUV
• 8.28 SUV PLATFORMS
  • 8.28.1 CURRENT SUV PLATFORMS
  • 8.28.2 FUTURE OF SUV PLATFORMS
• 8.29 SUV MANUFACTURING PLANTS BY OEM AND LOCATION
• 8.30 SUV L**H ANALYSIS, BY OEM
  • 8.30.1 TOYOTA GROUP
  • 8.30.2 VOLKSWAGEN GROUP
  • 8.30.3 HYUNDAI MOTOR COMPANY

9 SUV MARKET, BY TYPE

• 9.1 INTRODUCTION
• 9.2 MINI
  • 9.2.1 LOWER OWNERSHIP COST TO DRIVE MARKET
• 9.3 COMPACT
  • 9.3.1 INCREASED CONSUMER PREFERENCE DUE TO POWERTRAIN VARIANTS AND AFFORDABILITY TO DRIVE MARKET
• 9.4 MID-SIZE
  • 9.4.1 BETTER FUNCTIONALITY AND PRACTICAL FEATURES TO DRIVE MARKET
• 9.5 FULL-SIZE
  • 9.5.1 LARGER CABIN AREA AND SUPERIOR ENGINE PERFORMANCE TO DRIVE MARKET
• 9.6 MPV/MUV
  • 9.6.1 PREFERENCE FOR COMPACT AND MID-SIZE SUVS TO IMPEDE MARKET
• 9.7 PRIMARY INSIGHTS

10 SUV MARKET, BY CLASS

• 10.1 INTRODUCTION
• 10.2 CLASS B
  • 10.2.1 ONGOING ENGINEERING UPGRADES TO DRIVE MARKET
• 10.3 CLASS C
  • 10.3.1 LONG-WHEELBASE PACKAGING AND ADVANCED SAFETY ELECTRONICS TO DRIVE MARKET
• 10.4 CLASS D
  • 10.4.1 IMPROVED CONVENIENCE WITH OFF-ROADING CAPABILITIES TO DRIVE MARKET
• 10.5 CLASS E
  • 10.5.1 HIGHER ACCEPTANCE OF LUXURY VEHICLES IN NORTH AMERICA TO DRIVE MARKET
• 10.6 PRIMARY INSIGHTS

11 SUV MARKET, BY SEATING CAPACITY

• 11.1 INTRODUCTION
• 11.2 5-SEATER
  • 11.2.1 HIGH DEMAND FOR COMPACT SUVS IN EMERGING COUNTRIES TO DRIVE MARKET
• 11.3 >5-SEATER
  • 11.3.1 INCLINATION FOR FULL-SIZE SUVS TO DRIVE MARKET
• 11.4 PRIMARY INSIGHTS

12 SUV MARKET, BY PROPULSION

• 12.1 INTRODUCTION
• 12.2 GASOLINE
  • 12.2.1 PUSH FOR CLEANER FUEL WITH ENHANCED PERFORMANCE TO DRIVE MARKET
• 12.3 DIESEL
  • 12.3.1 GLOBAL ADOPTION OF EURO 6/VI, BS-VI PHASE II, CHINA 6B, AND US TIER 3 STANDARDS TO IMPEDE MARKET
• 12.4 ELECTRIC
  • 12.4.1 STRINGENT EMISSION NORMS AND HIGHER FUEL EFFICIENCY TO DRIVE MARKET
• 12.5 PRIMARY INSIGHTS

13 ELECTRIC SUV MARKET, BY TYPE

• 13.1 INTRODUCTION
• 13.2 BEV
  • 13.2.1 DEVELOPMENT OF HIGH-RANGE BATTERIES AND FAST CHARGING INFRASTRUCTURE TO DRIVE MARKET
• 13.3 PHEV
  • 13.3.1 ELEVATED DEMAND FOR FLEXIBLE POWERTRAINS TO DRIVE MARKET
• 13.4 FCEV
  • 13.4.1 SUBSTANTIAL INVESTMENTS IN NEWER MODELS TO DRIVE MARKET
• 13.5 PRIMARY INSIGHTS

14 SUV SALES, BY TYPE

• 14.1 INTRODUCTION
• 14.2 COMPACT
  • 14.2.1 ASIA PACIFIC
  • 14.2.2 EUROPE
  • 14.2.3 AMERICAS
• 14.3 MID-SIZE
  • 14.3.1 ASIA PACIFIC
  • 14.3.2 EUROPE
  • 14.3.3 AMERICAS
• 14.4 FULL-SIZE
  • 14.4.1 ASIA PACIFIC
  • 14.4.2 EUROPE
  • 14.4.3 AMERICAS

15 SUV MARKET, BY REGION

• 15.1 INTRODUCTION
• 15.2 ASIA PACIFIC
  • 15.2.1 CHINA
    • 15.2.1.1 Strong demand for compact and mid-size SUVs to drive market
  • 15.2.2 INDIA
    • 15.2.2.1 Recent launches and feature updates to drive market
  • 15.2.3 JAPAN
    • 15.2.3.1 Consumer preference for advanced features with improved cabin comfort to drive market
  • 15.2.4 SOUTH KOREA
    • 15.2.4.1 Rapid shift toward hybrid and electric SUVs to drive market
  • 15.2.5 INDONESIA
    • 15.2.5.1 Preference for family-oriented vehicles to drive market
  • 15.2.6 REST OF ASIA PACIFIC
• 15.3 EUROPE
  • 15.3.1 GERMANY
    • 15.3.1.1 High demand for premium cars to drive market
  • 15.3.2 FRANCE
    • 15.3.2.1 Shift toward hybrid and fully electric SUVs due to regulatory pressures to drive market
  • 15.3.3 ITALY
    • 15.3.3.1 Rise of electrification and urban-friendly designs to drive market
  • 15.3.4 SPAIN
    • 15.3.4.1 Strong consumer demand to drive market
  • 15.3.5 UK
    • 15.3.5.1 High per capita income and robust economic conditions to drive market
  • 15.3.6 CZECH REPUBLIC
    • 15.3.6.1 Strong supplier networks and favorable production ecosystem to drive market
  • 15.3.7 SLOVAKIA
    • 15.3.7.1 Significant presence of OEMs to drive market
  • 15.3.8 RUSSIA
    • 15.3.8.1 Growing consumer interest in hybrid and fully electric SUVs to drive market
  • 15.3.9 REST OF EUROPE
• 15.4 AMERICAS
  • 15.4.1 US
    • 15.4.1.1 High demand for powerful vehicles for off-roading to drive market
  • 15.4.2 CANADA
    • 15.4.2.1 Regulatory push toward sustainability to drive market
  • 15.4.3 MEXICO
    • 15.4.3.1 Rise in domestic purchasing power and proximity to US to drive market
  • 15.4.4 BRAZIL
    • 15.4.4.1 Competitive manufacturing costs and availability of skilled labor to drive market
• 15.5 PRIMARY INSIGHTS

16 COMPETITIVE LANDSCAPE

• 16.1 INTRODUCTION
• 16.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2023-2025
• 16.3 MARKET SHARE ANALYSIS, 2024
• 16.4 REVENUE ANALYSIS, 2020-2024
• 16.5 COMPANY VALUATION AND FINANCIAL METRICS
• 16.6 BRAND/PRODUCT COMPARISON
• 16.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 16.7.1 STARS
  • 16.7.2 EMERGING LEADERS
  • 16.7.3 PERVASIVE PLAYERS
  • 16.7.4 PARTICIPANTS
  • 16.7.5 COMPANY FOOTPRINT
    • 16.7.5.1 Company footprint
    • 16.7.5.2 Region footprint
    • 16.7.5.3 Propulsion footprint
    • 16.7.5.4 Application footprint
    • 16.7.5.5 Type footprint
• 16.8 COMPETITIVE SCENARIO
  • 16.8.1 PRODUCT LAUNCHES
  • 16.8.2 DEALS
  • 16.8.3 EXPANSIONS
  • 16.8.4 OTHER DEVELOPMENTS

17 COMPANY PROFILES

• 17.1 KEY PLAYERS
  • 17.1.1 TOYOTA MOTOR CORPORATION
    • 17.1.1.1 Business overview
    • 17.1.1.2 Products offered
    • 17.1.1.3 Recent developments
      • 17.1.1.3.1 Product launches
      • 17.1.1.3.2 Deals
      • 17.1.1.3.3 Expansions
      • 17.1.1.3.4 Other developments
    • 17.1.1.4 MnM view
      • 17.1.1.4.1 Key strengths
      • 17.1.1.4.2 Strategic choices
      • 17.1.1.4.3 Weaknesses and competitive threats
  • 17.1.2 HONDA MOTOR CO., LTD.
    • 17.1.2.1 Business overview
    • 17.1.2.2 Products offered
    • 17.1.2.3 Recent developments
      • 17.1.2.3.1 Product launches
      • 17.1.2.3.2 Deals
      • 17.1.2.3.3 Expansions
      • 17.1.2.3.4 Other developments
    • 17.1.2.4 MnM view
      • 17.1.2.4.1 Key strengths
      • 17.1.2.4.2 Strategic choices
      • 17.1.2.4.3 Weaknesses and competitive threats
  • 17.1.3 HYUNDAI MOTOR COMPANY
    • 17.1.3.1 Business overview
    • 17.1.3.2 Products offered
    • 17.1.3.3 Recent developments
      • 17.1.3.3.1 Product launches
      • 17.1.3.3.2 Deals
      • 17.1.3.3.3 Other developments
    • 17.1.3.4 MnM view
      • 17.1.3.4.1 Key strengths
      • 17.1.3.4.2 Strategic choices
      • 17.1.3.4.3 Weaknesses and competitive threats
  • 17.1.4 GENERAL MOTORS
    • 17.1.4.1 Business overview
    • 17.1.4.2 Products offered
    • 17.1.4.3 Recent developments
      • 17.1.4.3.1 Product launches
      • 17.1.4.3.2 Deals
      • 17.1.4.3.3 Expansions
      • 17.1.4.3.4 Other developments
    • 17.1.4.4 MnM view
      • 17.1.4.4.1 Key strengths
      • 17.1.4.4.2 Strategic choices
      • 17.1.4.4.3 Weaknesses and competitive threats
  • 17.1.5 STELLANTIS N.V.
    • 17.1.5.1 Business overview
    • 17.1.5.2 Products offered
    • 17.1.5.3 Recent developments
      • 17.1.5.3.1 Product launches
      • 17.1.5.3.2 Deals
      • 17.1.5.3.3 Expansions
      • 17.1.5.3.4 Other developments
    • 17.1.5.4 MnM view
      • 17.1.5.4.1 Key strengths
      • 17.1.5.4.2 Strategic choices
      • 17.1.5.4.3 Weaknesses and competitive threats
  • 17.1.6 VOLKSWAGEN GROUP
    • 17.1.6.1 Business overview
    • 17.1.6.2 Products offered
    • 17.1.6.3 Recent developments
      • 17.1.6.3.1 Product launches
      • 17.1.6.3.2 Deals
      • 17.1.6.3.3 Expansions
      • 17.1.6.3.4 Other developments
    • 17.1.6.4 MnM view
      • 17.1.6.4.1 Key strengths
      • 17.1.6.4.2 Strategic choices
      • 17.1.6.4.3 Weaknesses and competitive threats
  • 17.1.7 FORD MOTOR COMPANY
    • 17.1.7.1 Business overview
    • 17.1.7.2 Products offered
    • 17.1.7.3 Recent developments
      • 17.1.7.3.1 Deals
      • 17.1.7.3.2 Other developments
  • 17.1.8 MERCEDES-BENZ
    • 17.1.8.1 Business overview
    • 17.1.8.2 Products offered
    • 17.1.8.3 Recent developments
      • 17.1.8.3.1 Product launches
      • 17.1.8.3.2 Other developments
  • 17.1.9 BMW GROUP
    • 17.1.9.1 Business overview
    • 17.1.9.2 Products offered
    • 17.1.9.3 Recent developments
      • 17.1.9.3.1 Product launches
      • 17.1.9.3.2 Expansions
      • 17.1.9.3.3 Other developments
  • 17.1.10 NISSAN MOTORS
    • 17.1.10.1 Business overview
    • 17.1.10.2 Products offered
    • 17.1.10.3 Recent developments
      • 17.1.10.3.1 Product launches
      • 17.1.10.3.2 Deals
• 17.2 OTHER PLAYERS
  • 17.2.1 RENAULT GROUP
  • 17.2.2 SUZUKI MOTOR CORPORATION
  • 17.2.3 SUBARU CORPORATION
  • 17.2.4 TATA MOTORS
  • 17.2.5 MITSUBISHI MOTORS CORPORATION
  • 17.2.6 MAHINDRA & MAHINDRA LIMITED
  • 17.2.7 VOLVO CAR CORPORATION
  • 17.2.8 TESLA, INC.
  • 17.2.9 MAZDA MOTOR CORPORATION
  • 17.2.10 BYD COMPANY LTD.
  • 17.2.11 ISUZU MOTORS LIMITED

18 RESEARCH METHODOLOGY

• 18.1 RESEARCH DATA
  • 18.1.1 SECONDARY DATA
    • 18.1.1.1 List of secondary sources to estimate vehicle production
    • 18.1.1.2 List of secondary sources to estimate market size
    • 18.1.1.3 Key data from secondary sources
  • 18.1.2 PRIMARY DATA
    • 18.1.2.1 Primary interviewees from demand and supply sides
    • 18.1.2.2 Breakdown of primary interviews
    • 18.1.2.3 List of primary participants
• 18.2 MARKET SIZE ESTIMATION
  • 18.2.1 BOTTOM-UP APPROACH
  • 18.2.2 TOP-DOWN APPROACH
• 18.3 DATA TRIANGULATION
• 18.4 FACTOR ANALYSIS
• 18.5 RESEARCH ASSUMPTIONS AND RISK ASSESSMENT
• 18.6 RESEARCH LIMITATIONS

19 APPENDIX

• 19.1 INSIGHTS FROM INDUSTRY EXPERTS
• 19.2 DISCUSSION GUIDE
• 19.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 19.4 CUSTOMIZATION OPTIONS
  • 19.4.1 SUV MARKET, BY CLASS, AT COUNTRY LEVEL
    • 19.4.1.1 Class B
    • 19.4.1.2 Class C
    • 19.4.1.3 Class D
    • 19.4.1.4 Class E
  • 19.4.2 ELECTRIC SUV MARKET, AT COUNTRY LEVEL
• 19.5 RELATED REPORTS
• 19.6 AUTHOR DETAILS