Future of Sports Utility Vehicles in the United States, 2016-2022

Socio-Economic and Political Influence Projected to Drive SUV Segment Market Share to 42% in the US by 2022

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SUVs in the US have been growing steadily since 2012 and have over taken passenger cars as the largest selling passenger vehicle segment in US in 2016. This recent spike in SUV sales has encouraged auto OEMs to capitalize on the demand and increase their SUV model line-up. Over 20 new SUV name plates across both luxury and non-luxury segments are expected to be introduced by 2022. By 2022, SUVs are expected to contribute over 42% of the overall passenger vehicles in the US by selling over 7.4 million units. The aim of this study is to highlight the sales trend of SUVs going forward and understand the factors socio-economic and political affecting SUV sales and their impact in the US.

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Future of Sports Utility Vehicles in the United States, 2016-2022Future of Sports Utility Vehicles in the United StatesGrowth Insight

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