SUV Market Size, Share, Growth, Demand & Industry Forecast 2027
The SUV market is projected to grow at a CAGR of 6.6% during the forecast period, from an estimated USD 885.8 billion in 2022 to USD 1,221.7 billion by 2027, at a CAGR of 6.6%.
Rising consumer inclination toward comfort and automatic safety features, other benefits such as higher ground clearance, commanding driver seating position, robustness, and off-road driving capabilities are projected to...
SUV Market Size, Share, Growth, Trends, Analysis and Forecast 2030
The SUV market is projected to reach USD 1,221.7 billion by 2027 from USD 885.8 billion in 2022, at a CAGR of 6.6%. The growth of the market includes the advanced comfort and automatic safety features premium SUVs offer, and the benefits like better maneuverability, larger space, and better comfort compared with sedans, are drawing the consumer inclination towards compact SUVs in developing...