Press release
Global Sports Utility Vehicle Market to grow at a CAGR of 19.03% during 2017-2021
About Sports Utility VehicleAn 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.
Technavios analysts forecast the global sports utility vehicle market to grow at a CAGR of 19.03% during the period 2017-2021.
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.
Download Sample Copy of Report at http://www.marketresearchreports.biz/sample/sample/915031
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?
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