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SUV Market Trend Analysis

The SUV & sub-compact SUVs market in terms of production, is projected to reach 30.2 million units by 2020, growing at a CAGR of 5.36%. The SUV & sub-compact SUV market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to the low cost, compact size, stylistic design, and better maneuverability among others.

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SUV Market Trend Analysis

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  1. SUV Market SUV Market Trend Analysis Expected to reach $30.2 billion by 2020

  2. The global SUV and sub-compact SUV market is projected to reach 30.2 million units by 2020, growing at a CAGR of 5.36% during the forecast period. The SUV and sub-compact SUV market has witnessed considerable growth in countries such as the U.S., China, India, and Mexico, owing to its low cost and compactness (compared to full-sized suvs), stylistic design, and high maneuverability. https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=21889098 Download PDF Brochure

  3. Target Audience • Manufacturers of SUV, sub-compact-suv, crossovers, and MPV • Component suppliers to the aforementioned vehicle types • Dealers and distributors • Automotive industry associations • Investment firms • Equity research firms • Private equity firms • Governments and regulatory authorities https://www.marketsandmarkets.com/requestsampleNew.asp?id=21889098 Request for Sample Report

  4. Asia Oceania: driving the market for SUVs and sub-compact SUVs:the asia-oceania SUV and sub-compact SUV market is poised to register the highest CAGR during the forecast period. This can be primarily attributed to the strong state support, availability of economical domestic resources, and emerging economies in the region, particularly china and India. Major oems are investing heavily in the region, prompted by factors such as young demographics and the expanding middle class. The production of suvs and sub-compact suvs is expected to increase in countries such as china and India, owing to availability of cost-effective labor and favorable government policies. For instance, the government of India has allowed 100% foreign direct investment (FDI) with no minimum investment criteria for the automotive sector.  https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=21889098 Speak to analyst

  5. Global players:Ford Motor Company (The U.S.)Toyota Corporation (Japan)Honda Motor Company (Japan)Hyundai Motor Company (South Korea)Restraints:High cost of the vehiclesOpportunities:Electrification of the SUVsChallenges:Increasing the fuel economy and meeting the emission norms Early buyers will receive 10% customization on reports. Get 10 % Free Customization

  6. Browse 46 market data Tables and 27 Figures spread through 124 Pages and in-depth TOC on "SUV Market Trend Analysis by Production, Sale & Type (SUV, Sub-Compact SUV, Crossover, MPV), Demographics & Economy (Population, Median Age, Per Capita Income, Unemployment Ratio & their Correlation Coefficient), & by Competitive Benchmarking - Forecast to 2020"This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments. https://www.marketsandmarkets.com/RequestBundleReport.asp?id=21889098 Request bundle reports

  7. MarketsandMarketsis the world’s no. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and smes at MarketsandMarkets are tracking global high growth markets following the "growth engagement model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=21889098 Buy Now

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441 sales@marketsandmarkets.com Mail Us @

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