𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐒𝐔𝐕 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐢𝐳𝐞 𝐰𝐚𝐬 𝐞𝐯𝐚𝐥𝐮𝐚𝐭𝐞𝐝 𝐭𝐨 𝐛𝐞 𝐚𝐭 𝐔𝐒𝐃 𝟕𝟖𝟓.𝟗𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑. 𝐓𝐡𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐬 𝐞𝐱𝐩𝐞𝐜𝐭𝐞𝐝 𝐭𝐨 𝐠𝐫𝐨𝐰 𝐟𝐫𝐨𝐦 𝐔𝐒𝐃 𝟖𝟑𝟓.𝟏𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟒 𝐭𝐨 𝐔𝐒𝐃 𝟏,𝟑𝟕𝟐.𝟑𝟕 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐞𝐱𝐡𝐢𝐛𝐢𝐭𝐢𝐧𝐠 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟔.𝟒% 𝐝𝐮𝐫𝐢𝐧𝐠 𝟐𝟎𝟐𝟒-𝟐𝟎𝟑𝟐. Growth Projections: SUV Market Aiming for USD 1,372.37 Billion by 2032 | CAGR: 6.4%.
SUV Market Size, Share, Trends, Industry Analysis Report: By Type (Compact, Full-Size, Mid-Size, MPV, and Sub-Compact), Seating Capacity, Propulsion, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) – Market Forecast, 2024 – 2032 SUV Market Size Worth USD 1,372.37 billion by 2032 | CAGR: 6.4%
Global SUV market size was valued at USD 785.90 billion in 2023. The market is projected to grow from USD 835.17 billion in 2024 to USD 1,372.37 billion by 2032, exhibiting a CAGR of 6.4% during the forecast period. SUV Market Size, Share, Trends Analysis , Growth | Report, 2032