Try our corporate solution for free!
+1 (212) 419-5770
esther.shaulova@statista.com

SUV sales worldwide 2017 & 2023

Global sport utility vehicle (SUV) sales are expected to double between 2017 and 2023 and exceed 50 million units by 2023. Sport utility vehicles combine the characteristics of road-use passenger cars and off-road vehicles.

Consumer preference for SUVs increases in key regions

SUV popularity has increased significantly worldwide. Traditionally, this body style has been most successful in North America. The United States is the region with the highest market share of SUVs with about 50 percent of vehicle sales. The U.S. is not the only market where SUV sales are thriving, though. SUV sales in Europe and China have also begun to pick up steam in recent years. Four out of 10 passenger vehicles sold in China were SUVs, compared to about one third in Europe. Small and crossover sub-segment sales as well as compact SUV models such as the Dacia Duster have grown the most. The improvements in safety, weight, and fuel economy are major factors in its appeal to a wider audience.

The electric SUV competition gains traction

Alongside consumer interest in SUVs, electric vehicles (EVs) are becoming increasingly popular. Many governments across the world are incentivizing electric car purchases and investing in infrastructure. Much like the SUV, improvements in technology and, particularly, the chemical composition of batteries, coupled with lower costs due to economies of scale has made electric vehicles more competitive against conventional cars. It also opens up the industry to electrify heavier and larger vehicle segments. As the SUV is fast becoming the most popular vehicle type in major passenger car markets, electrified versions will become a highly competitive ground. BYD had the best-selling all-electric sport utility vehicle in its line-up in 2019.

SUV sales worldwide in 2017 and 2023

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until October 31st
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

March 2018

Region

Worldwide

Survey time period

2017 through March 2018

Supplementary notes

The values have been rounded.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Sport utility vehicles worldwide"

Further Content: You might find this interesting as well

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.