SUVs: market data & analysis

Starting from mid-2020s’, SUVs have been the most sold car class worldwide. The growth of this market is expected to continue in the future, due to the popularity of crossover vehicles.  

This Market segment includes light trucks, used as family vehicles of an average footprint around 4.45m² (48ft²) and an average mass around 1890kg (4170lbs).

• European Car Segment: J (Sport Utility Cars)
• US Car Segment: Sport Utility Vehicles
• Chinese Car Segment: Sport Utility Vehicles
• Also known as: 4x4

Background:
Early SUVs originated form commercial repurposing of the military vehicles used around the Second World War, although those initial models were marketed as station wagons for over fifty years, before finally being called sport utility vehicles in the late 1980’s. In the USA, they rose to popularity in the end of the last century with two major factors influencing their increase in sales: firstly, EPA (United States Environmental Protection Agency) classified them as light trucks, changing how they are regulated in respect to fuel efficiency, and, secondly, American manufacturers, influenced by competitive prices of imported, smaller models, focused on a more profitable production of larger cars, driving prices of SUVs further down. After the financial crisis in the late 2000’s, sales of the SUVs recovered quickly and continued to rise, influencing many companies to redesign their models to suit this new market trend and making SUVs the fasted growing trend today.

Example Models: Daihatsu Terios, Kia Sorento, Kia Sportage, Land Rover Freelander, Mitsubishi Outlander, Peugeot 4007, Suzuki Grand Vitara.

Overview

• Class profile
• Executive summary
• Worldwide market

• Market share
• Revenue and unit sales
• Price comparison

• Top makes
• In-depth make analysis

• Country coverage
• Included models
• Product overview
• Imprint

Overview

• Segment's Passenger Cars revenues worldwide
• Passenger Cars revenues worldwide
• Segment's passenger cars revenue worldwide in bnUS$
• Market share of passenger cars revenue worldwide

• Passenger Cars revenue share
• Market share of the make by revenue
• Market share of the make by unit sales
• Segment's passenger cars sales in bnUS$ by region
• Segment's Passenger Cars unit sales in thousands by region
• Segment's average car prices by region

• List of the top makes by revenue in the segment
• Revenue share of the top makes in the segment
• The top makes Passenger Cars and the segment's revenues in bnUS$
• Worldwide Passenger Cars growth and market share comparison
• Average price comparisons by region
• Segment's share in the top makes portfolios