Large SUVs Market Size, Share, and Trends 2024 to 2034

The global large SUVs market size is calculated at USD 328.66 billion in 2025 and is forecasted to reach around USD 349.94 billion by 2034, accelerating at a CAGR of 0.70% from 2025 to 2034. The North America large SUVs market size surpassed USD 169.72 billion in 2024 and is expanding at a CAGR of 0.73% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : February 2025
  • Report Code : 4518
  • Category : Automotive

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Large SUVs Market 

5.1. COVID-19 Landscape: Large SUVs Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Large SUVs Market, By Fuel Type

8.1. Large SUVs Market Revenue and Volume, by Fuel Type

8.1.1. Petrol

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Diesel

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Electric

8.1.3.1. Market Revenue and Volume Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Volume Forecast

Chapter 9. Global Large SUVs Market, Regional Estimates and Trend Forecast

9.1. North America

9.1.1. Market Revenue and Volume Forecast, by Fuel Type

9.1.2. U.S.

9.1.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.1.3. Rest of North America

9.1.3.1. Market Revenue and Volume Forecast, by Fuel Type

9.2. Europe

9.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.2.2. UK

9.2.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.2.3. Germany

9.2.3.1. Market Revenue and Volume Forecast, by Fuel Type

9.2.4. France

9.2.4.1. Market Revenue and Volume Forecast, by Fuel Type

9.2.5. Rest of Europe

9.2.5.1. Market Revenue and Volume Forecast, by Fuel Type

9.3. APAC

9.3.1. Market Revenue and Volume Forecast, by Fuel Type

9.3.2. India

9.3.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.3.3. China

9.3.3.1. Market Revenue and Volume Forecast, by Fuel Type

9.3.4. Japan

9.3.4.1. Market Revenue and Volume Forecast, by Fuel Type

9.3.5. Rest of APAC

9.3.5.1. Market Revenue and Volume Forecast, by Fuel Type

9.4. MEA

9.4.1. Market Revenue and Volume Forecast, by Fuel Type

9.4.2. GCC

9.4.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.4.3. North Africa

9.4.3.1. Market Revenue and Volume Forecast, by Fuel Type

9.4.4. South Africa

9.4.4.1. Market Revenue and Volume Forecast, by Fuel Type

9.4.5. Rest of MEA

9.4.5.1. Market Revenue and Volume Forecast, by Fuel Type

9.5. Latin America

9.5.1. Market Revenue and Volume Forecast, by Fuel Type

9.5.2. Brazil

9.5.2.1. Market Revenue and Volume Forecast, by Fuel Type

9.5.3. Rest of LATAM

9.5.3.1. Market Revenue and Volume Forecast, by Fuel Type

Chapter 10. Company Profiles

10.1. Stellantis NV

10.1.1. Company Overview

10.1.2. Product Offerings

10.1.3. Financial Performance

10.1.4. Recent Initiatives

10.2. Toyota Motor

10.2.1. Company Overview

10.2.2. Product Offerings

10.2.3. Financial Performance

10.2.4. Recent Initiatives

10.3. Renault

10.3.1. Company Overview

10.3.2. Product Offerings

10.3.3. Financial Performance

10.3.4. Recent Initiatives

10.4. Volkswagen

10.4.1. Company Overview

10.4.2. Product Offerings

10.4.3. Financial Performance

10.4.4. Recent Initiatives

10.5. Hyundai Motor Company

10.5.1. Company Overview

10.5.2. Product Offerings

10.5.3. Financial Performance

10.5.4. Recent Initiatives

10.6. Volvo Car Corporation

10.6.1. Company Overview

10.6.2. Product Offerings

10.6.3. Financial Performance

10.6.4. Recent Initiatives

10.7. Suzuki Motor Corporation

10.7.1. Company Overview

10.7.2. Product Offerings

10.7.3. Financial Performance

10.7.4. Recent Initiatives

10.8. General Motors

10.8.1. Company Overview

10.8.2. Product Offerings

10.8.3. Financial Performance

10.8.4. Recent Initiatives

10.9. Ford Motor Company

10.9.1. Company Overview

10.9.2. Product Offerings

10.9.3. Financial Performance

10.9.4. Recent Initiatives

10.10. BMW Group

10.10.1. Company Overview

10.10.2. Product Offerings

10.10.3. Financial Performance

10.10.4. Recent Initiatives

Chapter 11. Research Methodology

11.1. Primary Research

11.2. Secondary Research

11.3. Assumptions

Chapter 12. Appendix

12.1. About Us

12.2. Glossary of Terms

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Frequently Asked Questions

The global large SUVs market size is expected to increase USD 349.94 billion by 2034 from USD 326.38 billion in 2024.

The global large SUVs market will register growth rate of 0.70% between 2025 and 2034.

The major players operating in the large SUVs market are Stellantis NV, Toyota Motor, Renault, Volkswagen, Hyundai Motor Company, Volvo Car Corporation, Suzuki Motor Corporation, General Motors, Ford Motor Company, BMW Group, Peugeot S.A., Geely, and Others.

The driving factors of the large SUVs market are the rising consumer demand and versatility and capability.

North America region will lead the global large SUVs market during the forecast period 2025 to 2034.

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