Table of Content

1 INTRODUCTION (Page No. - 23)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           FIGURE 1 SUV MARKET: MARKET SEGMENTATION
           1.3.1 SUV (ICE) MARKET, BY REGION
           1.3.2 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 28)
    2.1 RESEARCH DATA
           FIGURE 2 SUV MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH DESIGN MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key secondary sources for ICE SUV production and electric SUV sales
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
                    2.1.2.1 Sampling techniques and data collection methods
                    2.1.2.2 Primary participants
    2.2 MARKET SIZE ESTIMATION
           FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           2.2.1 BOTTOM-UP APPROACH
                    FIGURE 6 BOTTOM-UP APPROACH
           2.2.2 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDES
    2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 7 DATA TRIANGULATION
    2.4 FACTOR ANALYSIS
    2.5 ASSUMPTIONS AND ASSOCIATED RISKS
           2.5.1 RESEARCH ASSUMPTIONS
           2.5.2 MARKET ASSUMPTIONS
                    TABLE 1 ASSUMPTIONS, ASSOCIATED RISKS, AND IMPACT
    2.6 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 41)
    3.1 REPORT SUMMARY
           FIGURE 8 SUV MARKET, BY REGION (ICE), 2022 VS. 2027 (USD MILLION)
    3.2 SUV PRODUCTION VS. SALES COMPARISON OUTLOOK
           FIGURE 9 SUV PRODUCTION VS. SALES COMPARISON (THOUSAND UNITS), 2018–2021

4 PREMIUM INSIGHTS (Page No. - 44)
    4.1 ATTRACTIVE OPPORTUNITIES IN MARKET
           FIGURE 10 GROWING DEMAND FOR PREMIUM VEHICLES WITH COMFORT FEATURES, CONSUMER INCLINATION TOWARD UPRIGHT DRIVING EXPERIENCE, AND RISING DEMAND FOR ELECTRIC VEHICLES TO DRIVE MARKET
    4.2 MARKET, BY TYPE (ICE)
           FIGURE 11 MID-SIZE SUV SEGMENT TO HOLD LARGEST MARKET
    4.3 MARKET, BY SEATING CAPACITY (ICE)
           FIGURE 12 5 SEATER SUV TO LEAD GLOBAL MARKET DURING FORECAST PERIOD
    4.4 MARKET, BY CLASS (ICE)
           FIGURE 13 D SEGMENT TO SHOWCASE LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.5 MARKET, BY PROPULSION TYPE (ICE)
           FIGURE 14 GASOLINE SUVS PROJECTED TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.6 ELECTRIC AND HYBRID MARKET, BY EV TYPE
           FIGURE 15 FCEV SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
    4.7 MARKET, BY REGION
           FIGURE 16 ASIA PACIFIC TO ACQUIRE LARGEST MARKET SHARE DURING FORECAST PERIOD
    4.8 MARKET, BY REGION (ICE)
           FIGURE 17 ASIA PACIFIC EXPECTED TO DOMINATE MARKET DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 48)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 18 SUV MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Demand for premium vehicles with advanced features
                               FIGURE 19 LUXURY SUV PRODUCTION (D AND E SEGMENTS), 2018–2021 (THOUSAND UNITS)
                    5.2.1.2 Consumer inclination toward compact SUVs
                               TABLE 2 OEM VS. PROPULSION TYPE VS. COMPACT SUV MODELS, 2021
           5.2.2 RESTRAINTS
                    5.2.2.1 High cost of SUVs
                               TABLE 3 FULL-SIZE SUV PRICE RANGE, 2021
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Electrification of SUVs
                               TABLE 4 TOP ELECTRIC SUV MODELS, SALES, AND PRICE RANGE, 2021
                               TABLE 5 LIST OF LAUNCHED AND UPCOMING ELECTRIC SUV MODELS, 2021–2022
           5.2.4 CHALLENGES
                    5.2.4.1 Challenges in meeting fuel economy and emission limits
    5.3 TRENDS/DISRUPTIONS IMPACTING BUYERS
           FIGURE 20 TRENDS/DISRUPTIONS IMPACTING BUYERS
    5.4 MARKET SCENARIO
           FIGURE 21 MARKET SCENARIO, 2018–2027 (USD MILLION)
           5.4.1 REALISTIC SCENARIO
                    TABLE 6 MARKET (REALISTIC SCENARIO), BY REGION, 2018–2027 (USD BILLION)
           5.4.2 LOW IMPACT SCENARIO
                    TABLE 7 MARKET (LOW IMPACT SCENARIO), BY REGION, 2018–2027 (USD BILLION)
           5.4.3 HIGH IMPACT SCENARIO
                    TABLE 8 MARKET (HIGH IMPACT SCENARIO), BY REGION, 2018–2027 (USD BILLION)
    5.5 PORTER'S FIVE FORCES ANALYSIS
           FIGURE 22 PORTER'S FIVE FORCES ANALYSIS: ESTABLISHED GLOBAL PLAYERS INCREASE COMPETITION
           5.5.1 PORTER'S FIVE FORCES ANALYSIS
           5.5.2 THREAT OF SUBSTITUTES
           5.5.3 THREAT OF NEW ENTRANTS
           5.5.4 BARGAINING POWER OF BUYERS
           5.5.5 BARGAINING POWER OF SUPPLIERS
           5.5.6 INTENSITY OF COMPETITIVE RIVALRY
    5.6 MARKET ECOSYSTEM
           FIGURE 23 MARKET ECOSYSTEM
           TABLE 9 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
    5.7 SUPPLY CHAIN ANALYSIS
           FIGURE 24 SUPPLY CHAIN ANALYSIS: MARKET
    5.8 PRICING ANALYSIS
           5.8.1 ICE SUV PRICING, BY TYPE AND REGION, 2021
           5.8.2 ELECTRIC SUV PRICING, BY TYPE AND REGION, 2021
    5.9 CASE STUDY ANALYSIS
           5.9.1 SUCCESS OF RENAULT DUSTER
           5.9.2 SKODA DRIVES BRAND IMAGE AND PURCHASE INTENT FOR KAMIQ SUV
           5.9.3 REDUCING RANGE ANXIETY FOR AUDI FIRST ALL-ELECTRIC SUV
    5.10 TRADE ANALYSIS
           5.10.1 IMPORT DATA
                    TABLE 10 IMPORT TRADE DATA, BY COUNTRY, 2021
           5.10.2 EXPORT DATA
                    TABLE 11 EXPORT TRADE DATA, BY COUNTRY, 2021
    5.11 KEY CONFERENCES AND EVENTS IN 2022–2023
                    TABLE 12 SUV MARKET: DETAILED LIST OF UPCOMING CONFERENCES AND EVENTS
    5.12 TECHNOLOGY ANALYSIS
           5.12.1 DEVELOPMENT OF ADVANCED TECHNOLOGY
                    FIGURE 25 ADAS FEATURES IN SUVS
           5.12.2 PACKAGED FUEL CELL SYSTEM MODULE
                    FIGURE 26 NEW PACKAGED FUEL CELL SYSTEM MODULE BY TOYOTA MOTOR CORPORATION
           5.12.3 HEAD-UP DISPLAY (HUD)

6 SUV SALES, BY TYPE (Page No. - 70)
    6.1 INTRODUCTION
           FIGURE 27 SUV SALES, BY TYPE, 2016 VS. 2021 (THOUSAND UNITS)
           TABLE 13 GLOBAL SUV SALES, BY TYPE, 2016–2021 (THOUSAND UNITS)
    6.2 COMPACT SUV
           6.2.1 ASIA PACIFIC
                    TABLE 14 ASIA PACIFIC: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.2.2 EUROPE
                    TABLE 15 EUROPE: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.2.3 AMERICAS
                    TABLE 16 AMERICAS: COMPACT SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
    6.3 MID-SIZE SUV
           6.3.1 ASIA PACIFIC
                    TABLE 17 ASIA PACIFIC: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.3.2 EUROPE
                    TABLE 18 EUROPE: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.3.3 AMERICAS
                    TABLE 19 AMERICAS: MID-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
    6.4 FULL-SIZE SUV
           6.4.1 ASIA PACIFIC
                    TABLE 20 ASIA PACIFIC: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.4.2 EUROPE
                    TABLE 21 EUROPE: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)
           6.4.3 AMERICAS
                    TABLE 22 AMERICAS: FULL-SIZE SUV SALES, BY COUNTRY, 2016–2021 (THOUSAND UNITS)

7 SUV MARKET, BY TYPE (ICE) (Page No. - 76)
    7.1 INTRODUCTION
           7.1.1 RESEARCH METHODOLOGY
           7.1.2 ASSUMPTIONS
           7.1.3 INDUSTRY INSIGHTS: MARKET, BY TYPE
                    FIGURE 28 MARKET, BY TYPE, 2022 VS. 2027 (USD MILLION)
                    TABLE 23 MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                    TABLE 24 MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                    TABLE 25 MARKET, BY TYPE, 2018–2021 (USD MILLION)
                    TABLE 26 MARKET, BY TYPE, 2022–2027 (USD MILLION)
    7.2 MINI SUV
           7.2.1 LOWER OWNERSHIP COST, RUGGED STYLING, AND COMFORT FEATURES
                    TABLE 27 MINI MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 28 MINI MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 29 MINI MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 30 MINI MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.3 COMPACT SUV
           7.3.1 DOMINATED BY ASIA PACIFIC
                    TABLE 31 COMPACT MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 32 COMPACT MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 33 COMPACT MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 34 COMPACT MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.4 MID-SIZE SUV
           7.4.1 BETTER FUNCTIONALITY AND PRACTICAL FEATURES
                    TABLE 35 MID-SIZE MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 36 MID-SIZE MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 37 MID-SIZE MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 38 MID-SIZE MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.5 FULL-SIZE SUV
           7.5.1 LARGER PASSENGER AND CARGO SPACE AND SUPERIOR ENGINE PERFORMANCE
                    TABLE 39 FULL-SIZE MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 40 FULL-SIZE MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 41 FULL-SIZE MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 42 FULL-SIZE MARKET, BY REGION, 2022–2027 (USD MILLION)
    7.6 MPV/MUV
           7.6.1 LED BY ASIA PACIFIC AND EUROPE
                    TABLE 43 MPV/MUV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 44 MPV/MUV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 45 MPV/ MUV MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 46 MPV/MUV MARKET, BY REGION, 2022–2027 (USD MILLION)

8 SUV MARKET, BY PROPULSION TYPE (Page No. - 87)
    8.1 INTRODUCTION
           8.1.1 RESEARCH METHODOLOGY
           8.1.2 ASSUMPTIONS
           8.1.3 INDUSTRY INSIGHTS: MARKET, BY PROPULSION TYPE
                    FIGURE 29 MARKET, BY PROPULSION TYPE, 2022 VS. 2027 (USD MILLION)
                    TABLE 47 MARKET, BY PROPULSION TYPE, 2018–2021 (THOUSAND UNITS)
                    TABLE 48 MARKET, BY PROPULSION TYPE, 2022–2027 (THOUSAND UNITS)
                    TABLE 49 MARKET, BY PROPULSION TYPE, 2018–2021 (USD MILLION)
                    TABLE 50 MARKET, BY PROPULSION TYPE, 2022–2027 (USD MILLION)
    8.2 GASOLINE
           8.2.1 CLEANER FUEL WITH ENHANCED PERFORMANCE
                    TABLE 51 GASOLINE MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 52 GASOLINE MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 53 GASOLINE MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 54 GASOLINE MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.3 DIESEL
           8.3.1 HIGHER DEMAND IN FUTURE
                    TABLE 55 DIESEL MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 56 DIESEL MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 57 DIESEL MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 58 DIESEL MARKET, BY REGION, 2022–2027 (USD MILLION)
    8.4 ELECTRIC
           8.4.1 STRICT EMISSION NORMS AND HIGHER FUEL EFFICIENCY
                    TABLE 59 ELECTRIC MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 60 ELECTRIC MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 61 ELECTRIC MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 62 ELECTRIC MARKET, BY REGION, 2022–2027 (USD MILLION)

9 SUV MARKET, BY CLASS (ICE) (Page No. - 95)
    9.1 INTRODUCTION
           9.1.1 RESEARCH METHODOLOGY
           9.1.2 ASSUMPTIONS
           9.1.3 INDUSTRY INSIGHTS: MARKET, BY CLASS
                    FIGURE 30 MARKET, BY CLASS, 2022 VS. 2027 (USD MILLION)
                    TABLE 63 MARKET, BY CLASS, 2018–2021 (THOUSAND UNITS)
                    TABLE 64 MARKET, BY CLASS, 2022–2027 (THOUSAND UNITS)
                    TABLE 65 MARKET, BY CLASS, 2018–2021 (USD MILLION)
                    TABLE 66 MARKET, BY CLASS, 2022–2027 (USD MILLION)
    9.2 CLASS B
           9.2.1 HIGHEST DEMAND IN ASIA PACIFIC
                    TABLE 67 CLASS B MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 68 CLASS B MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 69 CLASS B MARKET, BY REGION, 2018–2021 (MILLION USD)
                    TABLE 70 CLASS B MARKET, BY REGION, 2022–2027 (MILLION USD)
    9.3 CLASS C
           9.3.1 INCREASING DEMAND FOR COMPACT SUVS
                    TABLE 71 CLASS C MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 72 CLASS C MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 73 CLASS C MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 74 CLASS C MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.4 CLASS D
           9.4.1 IMPROVED CONVENIENCE WITH OFF-ROADING CAPABILITIES
                    TABLE 75 CLASS D MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 76 CLASS D MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 77 CLASS D MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 78 CLASS D MARKET, BY REGION, 2022–2027 (USD MILLION)
    9.5 CLASS E
           9.5.1 HIGHER DEMAND FOR FULL-SIZE SUVS WITH ADVANCED COMFORT FEATURES
                    TABLE 79 CLASS E MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                    TABLE 80 CLASS E MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                    TABLE 81 CLASS E MARKET, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 82 CLASS E MARKET, BY REGION, 2022–2027 (USD MILLION)

10 SUV MARKET, BY SEATING CAPACITY (ICE) (Page No. - 104)
     10.1 INTRODUCTION
             10.1.1 RESEARCH METHODOLOGY
             10.1.2 ASSUMPTIONS
             10.1.3 INDUSTRY INSIGHTS: MARKET, BY SEATING CAPACITY
                       FIGURE 31 MARKET, BY SEATING CAPACITY, 2022 VS. 2027 (USD MILLION)
                       TABLE 83 MARKET, BY SEATING CAPACITY, 2018–2021 (THOUSAND UNITS)
                       TABLE 84 MARKET, BY SEATING CAPACITY, 2022–2027 (THOUSAND UNITS)
                       TABLE 85 MARKET, BY SEATING CAPACITY, 2018–2021 (USD MILLION)
                       TABLE 86 MARKET, BY SEATING CAPACITY, 2022–2027 (USD MILLION)
     10.2 5 SEATER
             10.2.1 DEMAND FOR COMPACT SUVS IN DEVELOPING COUNTRIES
                       TABLE 87 5 SEATER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 88 5 SEATER MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 89 5 SEATER MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 90 5 SEATER MARKET, BY REGION, 2022–2027 (USD MILLION)
     10.3 >5 SEATER
             10.3.1 HIGH DEMAND AND INCLINATION FOR FULL-SIZE SUVS
                       TABLE 91 >5 SEATER MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 92 >5 SEATER MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 93 >5 SEATER MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 94 >5 SEATER MARKET, BY REGION, 2022–2027 (USD MILLION)

11 ELECTRIC SUV MARKET, BY ELECTRIC VEHICLE TYPE (Page No. - 110)
     11.1 INTRODUCTION
             11.1.1 RESEARCH METHODOLOGY
             11.1.2 ASSUMPTIONS
             11.1.3 INDUSTRY INSIGHTS: ELECTRIC MARKET, BY EV TYPE
                       FIGURE 32 ELECTRIC SUV MARKET, BY EV TYPE, 2022 VS. 2027 (USD MILLION)
                       TABLE 95 ELECTRIC AND HYBRID MARKET, BY EV TYPE, 2018–2021 (THOUSAND UNITS)
                       TABLE 96 ELECTRIC AND HYBRID MARKET, BY EV TYPE, 2022–2027 (THOUSAND UNITS)
                       TABLE 97 ELECTRIC AND HYBRID MARKET, BY EV TYPE, 2018–2021 (USD MILLION)
                       TABLE 98 ELECTRIC AND HYBRID MARKET, BY EV TYPE, 2022–2027 (USD MILLION)
     11.2 BEV
             11.2.1 INCREASING DEVELOPMENT OF HIGH-RANGE BATTERIES AND FAST CHARGING INFRASTRUCTURE
                       TABLE 99 BEV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 100 BEV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 101 BEV MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 102 BEV MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.3 PHEV
             11.3.1 TAX RELAXATION AND GOVERNMENT INCENTIVES
                       TABLE 103 PHEV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 104 PHEV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 105 PHEV MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 106 PHEV MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.4 FCEV
             11.4.1 INCREASED INVESTMENT TO DEVELOP MODELS
                       TABLE 107 FCEV MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 108 FCEV MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 109 FCEV MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 110 FCEV MARKET, BY REGION, 2022–2027 (USD MILLION)

12 SUV MARKET, BY REGION (Page No. - 118)
     12.1 INTRODUCTION
             12.1.1 RESEARCH METHODOLOGY
             12.1.2 ASSUMPTIONS
             12.1.3 INDUSTRY INSIGHTS: MARKET, BY TYPE AND REGION
                       FIGURE 33 MARKET BY REGION, 2022 VS. 2027 (USD BILLION)
                       TABLE 111 MARKET, BY REGION, 2018–2021 (THOUSAND UNITS)
                       TABLE 112 MARKET, BY REGION, 2022–2027 (THOUSAND UNITS)
                       TABLE 113 MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 114 MARKET, BY REGION, 2022–2027 (USD MILLION)
     12.2 ASIA PACIFIC
               FIGURE 34 ASIA PACIFIC: MARKET SNAPSHOT
               TABLE 115 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
               TABLE 116 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
               TABLE 117 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 118 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.2.1 CHINA
                       12.2.1.1 High passenger vehicle demand
                                   TABLE 119 CHINA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 120 CHINA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 121 CHINA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 122 CHINA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.2.2 INDIA
                       12.2.2.1 Growth in demand for compact SUVs
                                   TABLE 123 INDIA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 124 INDIA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 125 INDIA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 126 INDIA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.2.3 JAPAN
                       12.2.3.1 Preference for advanced features with improved cabin comfort
                                   TABLE 127 JAPAN: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 128 JAPAN: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 129 JAPAN: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 130 JAPAN: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.2.4 SOUTH KOREA
                       12.2.4.1 Increased demand for luxury cars
                                   TABLE 131 SOUTH KOREA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 132 SOUTH KOREA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 133 SOUTH KOREA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 134 SOUTH KOREA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.2.5 INDONESIA
                       12.2.5.1 High demand for MPVs for nuclear families
                                   TABLE 135 INDONESIA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 136 INDONESIA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 137 INDONESIA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 138 INDONESIA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.2.6 ASIA PACIFIC OTHERS
                       12.2.6.1 Developing countries with rising disposable income
                                   TABLE 139 ASIA PACIFIC OTHERS: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 140 ASIA PACIFIC OTHERS: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 141 ASIA PACIFIC OTHERS: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 142 ASIA PACIFIC OTHERS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
     12.3 EUROPE
               FIGURE 35 EUROPE: MARKET, 2022–2027 (USD MILLION)
               TABLE 143 EUROPE: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
               TABLE 144 EUROPE: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
               TABLE 145 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 146 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.3.1 GERMANY
                       12.3.1.1 High demand for premium cars
                                   TABLE 147 GERMANY: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 148 GERMANY: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 149 GERMANY: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 150 GERMANY: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.2 FRANCE
                       12.3.2.1 Increased demand for premium comfort features
                                   TABLE 151 FRANCE: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 152 FRANCE: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 153 FRANCE: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 154 FRANCE: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.3 ITALY
                       12.3.3.1 Presence of premium vehicle manufacturers
                                   TABLE 155 ITALY: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 156 ITALY: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 157 ITALY: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 158 ITALY: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.4 SPAIN
                       12.3.4.1 Increased production of passenger cars
                                   TABLE 159 SPAIN: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 160 SPAIN: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 161 SPAIN: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 162 SPAIN: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.5 UK
                       12.3.5.1 Strict emission norms
                                   TABLE 163 UK: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 164 UK: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 165 UK: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 166 UK: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.6 CZECH REPUBLIC
                       12.3.6.1 Growing passenger vehicle segment
                                   TABLE 167 CZECH REPUBLIC: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 168 CZECH REPUBLIC: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 169 CZECH REPUBLIC: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 170 CZECH REPUBLIC: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.7 SLOVAKIA
                       12.3.7.1 Hub of major OEMs
                                   TABLE 171 SLOVAKIA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 172 SLOVAKIA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 173 SLOVAKIA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 174 SLOVAKIA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.8 RUSSIA
                       12.3.8.1 Increasing sales of passenger cars
                                   TABLE 175 RUSSIA: SUV MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 176 RUSSIA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 177 RUSSIA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 178 RUSSIA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.3.9 EUROPE OTHERS
                       12.3.9.1 Robust growth in production capacities
                                   TABLE 179 EUROPE OTHERS: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 180 EUROPE OTHERS: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 181 EUROPE OTHERS: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 182 EUROPE OTHERS: MARKET, BY TYPE, 2022–2027 (USD MILLION)
     12.4 AMERICAS
               FIGURE 36 AMERICAS: SUV MARKET SNAPSHOT
               TABLE 183 AMERICAS: MARKET, BY COUNTRY, 2018–2021 (THOUSAND UNITS)
               TABLE 184 AMERICAS: MARKET, BY COUNTRY, 2022–2027 (THOUSAND UNITS)
               TABLE 185 AMERICAS: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 186 AMERICAS: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
             12.4.1 US
                       12.4.1.1 High demand for powerful vehicles for off-roading
                                   TABLE 187 US: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 188 US: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 189 US: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 190 US: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.4.2 CANADA
                       12.4.2.1 Favorable government policies and regulatory standards
                                   TABLE 191 CANADA: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 192 CANADA: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 193 CANADA: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 194 CANADA: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.4.3 MEXICO
                       12.4.3.1 Domestic economic stability to drive market
                                   TABLE 195 MEXICO: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 196 MEXICO: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 197 MEXICO: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 198 MEXICO: MARKET, BY TYPE, 2022–2027 (USD MILLION)
             12.4.4 BRAZIL
                       12.4.4.1 Improving infrastructure and proximity to US to fuel market
                                   TABLE 199 BRAZIL: MARKET, BY TYPE, 2018–2021 (THOUSAND UNITS)
                                   TABLE 200 BRAZIL: MARKET, BY TYPE, 2022–2027 (THOUSAND UNITS)
                                   TABLE 201 BRAZIL: MARKET, BY TYPE, 2018–2021 (USD MILLION)
                                   TABLE 202 BRAZIL: MARKET, BY TYPE, 2022–2027 (USD MILLION)

13 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 159)
     13.1 ASIA PACIFIC TO BE MAJOR MARKET FOR SUVS
     13.2 ADAPTATION OF ELECTRIC SUVS AND INCREASED CONNECTED AND ADVANCED FEATURES TO BE KEY FOCUS AREAS FOR MANUFACTURERS
     13.3 CONCLUSION

14 COMPETITIVE LANDSCAPE (Page No. - 161)
     14.1 OVERVIEW
     14.2 SUV MARKET SHARE ANALYSIS, 2021
               TABLE 203 MARKET SHARE ANALYSIS FOR MARKET, 2021
               FIGURE 37 MARKET SHARE ANALYSIS OF TOP FIVE PLAYERS, 2021
     14.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
               FIGURE 38 REVENUE ANALYSIS OF TOP FIVE PLAYERS
     14.4 COMPETITIVE EVALUATION QUADRANT
             14.4.1 TERMINOLOGY
             14.4.2 STARS
             14.4.3 EMERGING LEADERS
             14.4.4 PERVASIVE COMPANIES
             14.4.5 PARTICIPANTS
                       FIGURE 39 SUV MANUFACTURERS: COMPETITIVE EVALUATION MATRIX, 2021
                       TABLE 204 MARKET: COMPANY PRODUCT FOOTPRINT, 2021
                       TABLE 205 MARKET: COMPANY APPLICATION FOOTPRINT, 2021
                       TABLE 206 MARKET: COMPANY REGION FOOTPRINT, 2021
     14.5 COMPETITIVE SCENARIO
             14.5.1 NEW PRODUCT LAUNCHES
                       TABLE 207 PRODUCT LAUNCHES, 2018–2022
             14.5.2 DEALS
                       TABLE 208 DEALS, 2018–2022
             14.5.3 EXPANSIONS
                       TABLE 209 EXPANSIONS, 2018–2022
     14.6 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2022
               TABLE 210 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSION AS KEY GROWTH STRATEGIES, 2018–2022
     14.7 COMPETITIVE BENCHMARKING
               TABLE 211 SUV MARKET: DETAILED LIST OF KEY PLAYERS

15 COMPANY PROFILES (Page No. - 179)
(Business overview, Products offered, Recent developments & MnM View)*
     15.1 KEY PLAYERS
             15.1.1 TOYOTA MOTOR CORPORATION
                       TABLE 212 TOYOTA MOTOR CORPORATION: KEY BRANDS
                       TABLE 213 TOYOTA MOTOR CORPORATION: BUSINESS OVERVIEW
                       FIGURE 40 TOYOTA MOTOR CORPORATION: COMPANY SNAPSHOT
                       TABLE 214 TOYOTA MOTOR CORPORATION: PRODUCT LAUNCHES
                       TABLE 215 TOYOTA MOTOR CORPORATION: DEALS
                       TABLE 216 TOYOTA MOTOR CORPORATION: EXPANSIONS
             15.1.2 HONDA MOTOR CO., LTD.
                       TABLE 217 HONDA MOTOR CO., LTD.: KEY BRANDS
                       TABLE 218 HONDA MOTOR CO., LTD.: BUSINESS OVERVIEW
                       FIGURE 41 HONDA MOTOR CO., LTD.: COMPANY SNAPSHOT
                       TABLE 219 HONDA MOTOR CO., LTD.: PRODUCT LAUNCHES
                       TABLE 220 HONDA MOTOR CO., LTD.: DEALS
                       TABLE 221 HONDA MOTOR CO., LTD.: EXPANSIONS
             15.1.3 HYUNDAI MOTOR COMPANY
                       TABLE 222 HYUNDAI MOTOR COMPANY: KEY BRANDS
                       TABLE 223 HYUNDAI MOTOR COMPANY: BUSINESS OVERVIEW
                       FIGURE 42 HYUNDAI MOTOR COMPANY: COMPANY SNAPSHOT
                       TABLE 224 HYUNDAI MOTOR COMPANY: PRODUCT LAUNCHES
                       TABLE 225 HYUNDAI MOTOR COMPANY: EXPANSIONS
             15.1.4 GENERAL MOTORS
                       TABLE 226 GENERAL MOTORS: KEY BRANDS
                       TABLE 227 GENERAL MOTORS: BUSINESS OVERVIEW
                       FIGURE 43 GENERAL MOTORS: COMPANY SNAPSHOT
                       TABLE 228 GENERAL MOTORS: PRODUCT LAUNCHES
                       TABLE 229 GENERAL MOTORS: DEALS
                       TABLE 230 GENERAL MOTORS: EXPANSIONS
             15.1.5 STELLANTIS N.V.
                       TABLE 231 STELLANTIS N.V.: KEY BRANDS
                       TABLE 232 STELLANTIS N.V.: BUSINESS OVERVIEW
                       FIGURE 44 STELLANTIS N.V.: COMPANY SNAPSHOT
                       TABLE 233 STELLANTIS N.V.: PRODUCT LAUNCHES
                       TABLE 234 STELLANTIS N.V.: DEALS
                       TABLE 235 STELLANTIS N.V.: EXPANSIONS
             15.1.6 VOLKSWAGEN AG
                       TABLE 236 VOLKSWAGEN AG: KEY BRANDS
                       TABLE 237 VOLKSWAGEN AG: BUSINESS OVERVIEW
                       FIGURE 45 VOLKSWAGEN AG: COMPANY SNAPSHOT
                       TABLE 238 VOLKSWAGEN AG: PRODUCT LAUNCHES
                       TABLE 239 VOLKSWAGEN AG: DEALS
                       TABLE 240 VOLKSWAGEN AG: EXPANSIONS
             15.1.7 FORD MOTOR COMPANY
                       TABLE 241 FORD MOTOR COMPANY: KEY BRANDS
                       TABLE 242 FORD MOTOR COMPANY: BUSINESS OVERVIEW
                       FIGURE 46 FORD MOTOR COMPANY: COMPANY SNAPSHOT
                       TABLE 243 FORD MOTOR COMPANY: PRODUCT LAUNCHES
             15.1.8 MERCEDES-BENZ
                       TABLE 244 MERCEDES-BENZ: KEY BRANDS
                       TABLE 245 MERCEDES-BENZ: BUSINESS OVERVIEW
                       FIGURE 47 MERCEDES-BENZ: COMPANY SNAPSHOT
                       TABLE 246 MERCEDES-BENZ: PRODUCT LAUNCHES
                       TABLE 247 MERCEDES-BENZ: DEALS
                       TABLE 248 MERCEDES-BENZ: EXPANSIONS
             15.1.9 BMW GROUP
                       TABLE 249 BMW GROUP: KEY BRANDS
                       TABLE 250 BMW GROUP: BUSINESS OVERVIEW
                       FIGURE 48 BMW GROUP: COMPANY SNAPSHOT
                       TABLE 251 BMW GROUP: PRODUCT LAUNCHES
                       TABLE 252 BMW GROUP: DEALS
                       TABLE 253 BMW GROUP: EXPANSIONS
             15.1.10 NISSAN MOTORS
                       TABLE 254 NISSAN MOTORS: BUSINESS OVERVIEW
                       FIGURE 49 NISSAN MOTORS: COMPANY SNAPSHOT
                       TABLE 255 NISSAN MOTORS: PRODUCT LAUNCHES
                       TABLE 256 NISSAN MOTORS: DEALS
                       TABLE 257 NISSAN MOTORS: EXPANSIONS
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
     15.2 ADDITIONAL PLAYERS
             15.2.1 RENAULT GROUP
                       TABLE 258 RENAULT GROUP: COMPANY OVERVIEW
             15.2.2 SUZUKI MOTOR CORPORATION
                       TABLE 259 SUZUKI MOTOR CORPORATION: COMPANY OVERVIEW
             15.2.3 SUBARU
                       TABLE 260 SUBARU: COMPANY OVERVIEW
             15.2.4 TATA MOTORS
                       TABLE 261 TATA MOTORS: COMPANY OVERVIEW
             15.2.5 MITSUBISHI MOTORS
                       TABLE 262 MITSUBISHI MOTORS: COMPANY OVERVIEW
             15.2.6 MAHINDRA & MAHINDRA LIMITED
                       TABLE 263 MAHINDRA & MAHINDRA LIMITED: COMPANY OVERVIEW
             15.2.7 VOLVO CAR CORPORATION
                       TABLE 264 VOLVO CAR CORPORATION: COMPANY OVERVIEW
             15.2.8 TESLA, INC.
                       TABLE 265 TESLA, INC.: COMPANY OVERVIEW
             15.2.9 MAZDA MOTOR CORPORATION
                       TABLE 266 MAZDA MOTOR CORPORATION: COMPANY OVERVIEW
             15.2.10 BYD COMPANY LTD.
                       TABLE 267 BYD COMPANY LTD.: COMPANY OVERVIEW
             15.2.11 ISUZU MOTORS LIMITED
                       TABLE 268 ISUZU MOTORS LIMITED: COMPANY OVERVIEW

16 APPENDIX (Page No. - 242)
     16.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
     16.2 DISCUSSION GUIDE
     16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     16.4 CUSTOMIZATION OPTIONS
             16.4.1 SUV MARKET, BY CLASS AND COUNTRY
                       16.4.1.1 B Segment
                       16.4.1.2 C Segment
                       16.4.1.3 D Segment
                       16.4.1.4 E Segment
             16.4.2 ELECTRIC AND HYBRID SUV MARKET, BY REGION AND COUNTRY
                       16.4.2.1 Asia Pacific
                                   16.4.2.1.1 China
                                   16.4.2.1.2 India
                                   16.4.2.1.3 Japan
                                   16.4.2.1.4 South Korea
                       16.4.2.2 Europe
                                   16.4.2.2.1 Germany
                                   16.4.2.2.2 France
                                   16.4.2.2.3 UK
                                   16.4.2.2.4 Sweden
                                   16.4.2.2.5 Norway
                                   16.4.2.2.6 Netherlands
                       16.4.2.3 North America
                                   16.4.2.3.1 US
                                   16.4.2.3.2 Canada
     16.5 RELATED REPORTS
     16.6 AUTHOR DETAILS