Sports Utility Vehicle Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A sports utility vehicle (SUV) is a commercial vehicle that combines the load-hauling and passenger-carrying capabilities of a light-weight pickup truck with the utility of a passenger vehicle. The majority of sports utility vehicles have an engine compartment with a roughly square cross-section and a freight and passenger compartment combined. Sports utility vehicles have become increasingly common in recent years, especially in the United States. The growth of this type of vehicle has been aided by a number of factors.
MARKET SCOPE
The "Global Sports utility vehicle Market Analysis to 2028" is a specialized and in-depth study of the automotive and transportation industry with a special focus on the global market trend analysis. The report aims to provide an overview of the sports utility vehicle market with detailed market segmentation by type, propulsion type, and geography. The report provides key statistics on the market status of the leading sports utility vehicle players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on design, the global Sports utility vehicle market is segmented into compact, mid-size, and full-size.
- On the basis of transmission, the market is segmented into automatic, and manual.
- On the basis of types, the market is segmented into passenger, and commercial.
- On the basis of drivetrain, the market is segmented into AWD, 4WD, FWD, AND RWD.
MARKET DYNAMICS
Drivers:
- Increasing demand and sale of the light truck and off road car
- rising disposable income coupled with increasing purchasing power of the population
Restraints
- High cost associated with sports utility vehicle.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sports utility vehicle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Sports utility vehicle market in these regions.
IMPACT OF COVID-19 ON SPORTS UTILITY VEHICLE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
![World Geography](https://www.theinsightpartners.com/assets/rdimages/world-geography.png)
Have a question?
![Analyst](https://www.theinsightpartners.com/assets/naveen-chittaragi.png)
Naveen
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
![Analyst](https://www.theinsightpartners.com/assets/images/speak_analyst.gif)
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The sports utility vehicle market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the Sports utility vehicle market in these regions.
IMPACT OF COVID-19 ON SPORTS UTILITY VEHICLE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the Sports utility vehicle market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Sports utility vehicle market are anticipated to lucrative growth opportunities in the future with the rising demand for Sports utility vehicle market in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sports utility vehicle market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- FCA Group
- Ford Motor Company
- General Motors Company
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Nissan Motor Co.,Ltd.
- PSA Group
- Suzuki Motor Corporation
- Toyota Motor Corporation
- Volkswagen AG
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
![Report Coverage](https://www.theinsightpartners.com/assets/rdimages/report_coverage.png)
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
![Segment Covered](https://www.theinsightpartners.com/assets/rdimages/segment_covered.png)
Segment Covered
This text is related
to segments covered.
![Regional Scope](https://www.theinsightpartners.com/assets/rdimages/regional_scope.png)
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
![Country Scope](https://www.theinsightpartners.com/assets/rdimages/country_scope.png)
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Sports Utility Vehicle Market - By Design
1.3.2 Sports Utility Vehicle Market - By Transmission
1.3.3 Sports Utility Vehicle Market - By Types
1.3.4 Sports Utility Vehicle Market - By Drivetrain
1.3.5 Sports Utility Vehicle Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. SPORTS UTILITY VEHICLE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. SPORTS UTILITY VEHICLE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. SPORTS UTILITY VEHICLE MARKET - GLOBAL MARKET ANALYSIS
6.1. SPORTS UTILITY VEHICLE - GLOBAL MARKET OVERVIEW
6.2. SPORTS UTILITY VEHICLE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. SPORTS UTILITY VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - DESIGN
7.1. OVERVIEW
7.2. DESIGN MARKET FORECASTS AND ANALYSIS
7.3. COMPACT
7.3.1. Overview
7.3.2. Compact Market Forecast and Analysis
7.4. MID-SIZE
7.4.1. Overview
7.4.2. Mid-size Market Forecast and Analysis
7.5. FULL SIZE
7.5.1. Overview
7.5.2. Full size Market Forecast and Analysis
8. SPORTS UTILITY VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - TRANSMISSION
8.1. OVERVIEW
8.2. TRANSMISSION MARKET FORECASTS AND ANALYSIS
8.3. AUTOMATIC
8.3.1. Overview
8.3.2. Automatic Market Forecast and Analysis
8.4. MANUAL
8.4.1. Overview
8.4.2. Manual Market Forecast and Analysis
9. SPORTS UTILITY VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - TYPES
9.1. OVERVIEW
9.2. TYPES MARKET FORECASTS AND ANALYSIS
9.3. PASSENGER
9.3.1. Overview
9.3.2. Passenger Market Forecast and Analysis
9.4. COMMERCIAL
9.4.1. Overview
9.4.2. Commercial Market Forecast and Analysis
10. SPORTS UTILITY VEHICLE MARKET - REVENUE AND FORECASTS TO 2028 - DRIVETRAIN
10.1. OVERVIEW
10.2. DRIVETRAIN MARKET FORECASTS AND ANALYSIS
10.3. AWD
10.3.1. Overview
10.3.2. AWD Market Forecast and Analysis
10.4. 4WD
10.4.1. Overview
10.4.2. 4WD Market Forecast and Analysis
10.5. FWD
10.5.1. Overview
10.5.2. FWD Market Forecast and Analysis
10.6. RWD
10.6.1. Overview
10.6.2. RWD Market Forecast and Analysis
11. SPORTS UTILITY VEHICLE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Sports Utility Vehicle Market Overview
11.1.2 North America Sports Utility Vehicle Market Forecasts and Analysis
11.1.3 North America Sports Utility Vehicle Market Forecasts and Analysis - By Design
11.1.4 North America Sports Utility Vehicle Market Forecasts and Analysis - By Transmission
11.1.5 North America Sports Utility Vehicle Market Forecasts and Analysis - By Types
11.1.6 North America Sports Utility Vehicle Market Forecasts and Analysis - By Drivetrain
11.1.7 North America Sports Utility Vehicle Market Forecasts and Analysis - By Countries
11.1.7.1 United States Sports Utility Vehicle Market
11.1.7.1.1 United States Sports Utility Vehicle Market by Design
11.1.7.1.2 United States Sports Utility Vehicle Market by Transmission
11.1.7.1.3 United States Sports Utility Vehicle Market by Types
11.1.7.1.4 United States Sports Utility Vehicle Market by Drivetrain
11.1.7.2 Canada Sports Utility Vehicle Market
11.1.7.2.1 Canada Sports Utility Vehicle Market by Design
11.1.7.2.2 Canada Sports Utility Vehicle Market by Transmission
11.1.7.2.3 Canada Sports Utility Vehicle Market by Types
11.1.7.2.4 Canada Sports Utility Vehicle Market by Drivetrain
11.1.7.3 Mexico Sports Utility Vehicle Market
11.1.7.3.1 Mexico Sports Utility Vehicle Market by Design
11.1.7.3.2 Mexico Sports Utility Vehicle Market by Transmission
11.1.7.3.3 Mexico Sports Utility Vehicle Market by Types
11.1.7.3.4 Mexico Sports Utility Vehicle Market by Drivetrain
11.2. EUROPE
11.2.1 Europe Sports Utility Vehicle Market Overview
11.2.2 Europe Sports Utility Vehicle Market Forecasts and Analysis
11.2.3 Europe Sports Utility Vehicle Market Forecasts and Analysis - By Design
11.2.4 Europe Sports Utility Vehicle Market Forecasts and Analysis - By Transmission
11.2.5 Europe Sports Utility Vehicle Market Forecasts and Analysis - By Types
11.2.6 Europe Sports Utility Vehicle Market Forecasts and Analysis - By Drivetrain
11.2.7 Europe Sports Utility Vehicle Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Sports Utility Vehicle Market
11.2.7.1.1 Germany Sports Utility Vehicle Market by Design
11.2.7.1.2 Germany Sports Utility Vehicle Market by Transmission
11.2.7.1.3 Germany Sports Utility Vehicle Market by Types
11.2.7.1.4 Germany Sports Utility Vehicle Market by Drivetrain
11.2.7.2 France Sports Utility Vehicle Market
11.2.7.2.1 France Sports Utility Vehicle Market by Design
11.2.7.2.2 France Sports Utility Vehicle Market by Transmission
11.2.7.2.3 France Sports Utility Vehicle Market by Types
11.2.7.2.4 France Sports Utility Vehicle Market by Drivetrain
11.2.7.3 Italy Sports Utility Vehicle Market
11.2.7.3.1 Italy Sports Utility Vehicle Market by Design
11.2.7.3.2 Italy Sports Utility Vehicle Market by Transmission
11.2.7.3.3 Italy Sports Utility Vehicle Market by Types
11.2.7.3.4 Italy Sports Utility Vehicle Market by Drivetrain
11.2.7.4 United Kingdom Sports Utility Vehicle Market
11.2.7.4.1 United Kingdom Sports Utility Vehicle Market by Design
11.2.7.4.2 United Kingdom Sports Utility Vehicle Market by Transmission
11.2.7.4.3 United Kingdom Sports Utility Vehicle Market by Types
11.2.7.4.4 United Kingdom Sports Utility Vehicle Market by Drivetrain
11.2.7.5 Russia Sports Utility Vehicle Market
11.2.7.5.1 Russia Sports Utility Vehicle Market by Design
11.2.7.5.2 Russia Sports Utility Vehicle Market by Transmission
11.2.7.5.3 Russia Sports Utility Vehicle Market by Types
11.2.7.5.4 Russia Sports Utility Vehicle Market by Drivetrain
11.2.7.6 Rest of Europe Sports Utility Vehicle Market
11.2.7.6.1 Rest of Europe Sports Utility Vehicle Market by Design
11.2.7.6.2 Rest of Europe Sports Utility Vehicle Market by Transmission
11.2.7.6.3 Rest of Europe Sports Utility Vehicle Market by Types
11.2.7.6.4 Rest of Europe Sports Utility Vehicle Market by Drivetrain
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Sports Utility Vehicle Market Overview
11.3.2 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis
11.3.3 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis - By Design
11.3.4 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis - By Transmission
11.3.5 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis - By Types
11.3.6 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis - By Drivetrain
11.3.7 Asia-Pacific Sports Utility Vehicle Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Sports Utility Vehicle Market
11.3.7.1.1 Australia Sports Utility Vehicle Market by Design
11.3.7.1.2 Australia Sports Utility Vehicle Market by Transmission
11.3.7.1.3 Australia Sports Utility Vehicle Market by Types
11.3.7.1.4 Australia Sports Utility Vehicle Market by Drivetrain
11.3.7.2 China Sports Utility Vehicle Market
11.3.7.2.1 China Sports Utility Vehicle Market by Design
11.3.7.2.2 China Sports Utility Vehicle Market by Transmission
11.3.7.2.3 China Sports Utility Vehicle Market by Types
11.3.7.2.4 China Sports Utility Vehicle Market by Drivetrain
11.3.7.3 India Sports Utility Vehicle Market
11.3.7.3.1 India Sports Utility Vehicle Market by Design
11.3.7.3.2 India Sports Utility Vehicle Market by Transmission
11.3.7.3.3 India Sports Utility Vehicle Market by Types
11.3.7.3.4 India Sports Utility Vehicle Market by Drivetrain
11.3.7.4 Japan Sports Utility Vehicle Market
11.3.7.4.1 Japan Sports Utility Vehicle Market by Design
11.3.7.4.2 Japan Sports Utility Vehicle Market by Transmission
11.3.7.4.3 Japan Sports Utility Vehicle Market by Types
11.3.7.4.4 Japan Sports Utility Vehicle Market by Drivetrain
11.3.7.5 South Korea Sports Utility Vehicle Market
11.3.7.5.1 South Korea Sports Utility Vehicle Market by Design
11.3.7.5.2 South Korea Sports Utility Vehicle Market by Transmission
11.3.7.5.3 South Korea Sports Utility Vehicle Market by Types
11.3.7.5.4 South Korea Sports Utility Vehicle Market by Drivetrain
11.3.7.6 Rest of Asia-Pacific Sports Utility Vehicle Market
11.3.7.6.1 Rest of Asia-Pacific Sports Utility Vehicle Market by Design
11.3.7.6.2 Rest of Asia-Pacific Sports Utility Vehicle Market by Transmission
11.3.7.6.3 Rest of Asia-Pacific Sports Utility Vehicle Market by Types
11.3.7.6.4 Rest of Asia-Pacific Sports Utility Vehicle Market by Drivetrain
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Sports Utility Vehicle Market Overview
11.4.2 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis
11.4.3 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis - By Design
11.4.4 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis - By Transmission
11.4.5 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis - By Types
11.4.6 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis - By Drivetrain
11.4.7 Middle East and Africa Sports Utility Vehicle Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Sports Utility Vehicle Market
11.4.7.1.1 South Africa Sports Utility Vehicle Market by Design
11.4.7.1.2 South Africa Sports Utility Vehicle Market by Transmission
11.4.7.1.3 South Africa Sports Utility Vehicle Market by Types
11.4.7.1.4 South Africa Sports Utility Vehicle Market by Drivetrain
11.4.7.2 Saudi Arabia Sports Utility Vehicle Market
11.4.7.2.1 Saudi Arabia Sports Utility Vehicle Market by Design
11.4.7.2.2 Saudi Arabia Sports Utility Vehicle Market by Transmission
11.4.7.2.3 Saudi Arabia Sports Utility Vehicle Market by Types
11.4.7.2.4 Saudi Arabia Sports Utility Vehicle Market by Drivetrain
11.4.7.3 U.A.E Sports Utility Vehicle Market
11.4.7.3.1 U.A.E Sports Utility Vehicle Market by Design
11.4.7.3.2 U.A.E Sports Utility Vehicle Market by Transmission
11.4.7.3.3 U.A.E Sports Utility Vehicle Market by Types
11.4.7.3.4 U.A.E Sports Utility Vehicle Market by Drivetrain
11.4.7.4 Rest of Middle East and Africa Sports Utility Vehicle Market
11.4.7.4.1 Rest of Middle East and Africa Sports Utility Vehicle Market by Design
11.4.7.4.2 Rest of Middle East and Africa Sports Utility Vehicle Market by Transmission
11.4.7.4.3 Rest of Middle East and Africa Sports Utility Vehicle Market by Types
11.4.7.4.4 Rest of Middle East and Africa Sports Utility Vehicle Market by Drivetrain
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Sports Utility Vehicle Market Overview
11.5.2 South and Central America Sports Utility Vehicle Market Forecasts and Analysis
11.5.3 South and Central America Sports Utility Vehicle Market Forecasts and Analysis - By Design
11.5.4 South and Central America Sports Utility Vehicle Market Forecasts and Analysis - By Transmission
11.5.5 South and Central America Sports Utility Vehicle Market Forecasts and Analysis - By Types
11.5.6 South and Central America Sports Utility Vehicle Market Forecasts and Analysis - By Drivetrain
11.5.7 South and Central America Sports Utility Vehicle Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Sports Utility Vehicle Market
11.5.7.1.1 Brazil Sports Utility Vehicle Market by Design
11.5.7.1.2 Brazil Sports Utility Vehicle Market by Transmission
11.5.7.1.3 Brazil Sports Utility Vehicle Market by Types
11.5.7.1.4 Brazil Sports Utility Vehicle Market by Drivetrain
11.5.7.2 Argentina Sports Utility Vehicle Market
11.5.7.2.1 Argentina Sports Utility Vehicle Market by Design
11.5.7.2.2 Argentina Sports Utility Vehicle Market by Transmission
11.5.7.2.3 Argentina Sports Utility Vehicle Market by Types
11.5.7.2.4 Argentina Sports Utility Vehicle Market by Drivetrain
11.5.7.3 Rest of South and Central America Sports Utility Vehicle Market
11.5.7.3.1 Rest of South and Central America Sports Utility Vehicle Market by Design
11.5.7.3.2 Rest of South and Central America Sports Utility Vehicle Market by Transmission
11.5.7.3.3 Rest of South and Central America Sports Utility Vehicle Market by Types
11.5.7.3.4 Rest of South and Central America Sports Utility Vehicle Market by Drivetrain
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. SPORTS UTILITY VEHICLE MARKET, KEY COMPANY PROFILES
13.1. FCA GROUP
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. FORD MOTOR COMPANY
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. GEELY GLOBAL (VOLVO)
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. GENERAL MOTORS COMPANY
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. HONDA MOTOR CO., LTD.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. HYUNDAI MOTOR COMPANY
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. NISSAN MOTOR CO., LTD.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PSA GROUP
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. TOYOTA MOTOR CORPORATION
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. VOLKSWAGEN AG
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. FCA Group
2. Ford Motor Company
3. Geely Global (Volvo)
4. General Motors Company
5. Honda Motor Co., Ltd.
6. Hyundai Motor Company
7. Nissan Motor Co., Ltd.
8. PSA Group
9. Toyota Motor Corporation
10. Volkswagen AG
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.