Market Overview:
The global all-wheel drive SUV market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for all-wheel drive SUVs for both home and commercial use. In terms of type, the small type segment is expected to grow at a higher CAGR than the medium and large type segments during the forecast period. This can be attributed to the growing demand for fuel-efficient vehicles in developed countries such as North America and Europe. In terms of application, the home use segment is expected to hold a larger share of the global all-wheel drive SUV market than other segments duringthe forecast period.
Product Definition:
All-wheel drive (AWD) is a type of vehicle transmission system that provides power to all the wheels of a vehicle, instead of just the front or rear wheels. This helps to improve traction and handling on slippery surfaces, as well as in off-road conditions. All-wheel drive vehicles are typically used for sport utility vehicles (SUVs), but they are also becoming more popular for passenger cars.
Small Type:
Small type is a term used to define the vehicles with engine capacity up to 1.5L and curb weight less than 900 kg. The small type segment includes economy cars, compact cars, city cars and sub-compact premium compacts. The demand for small types has been growing at a significant pace on account of increasing per capita income in emerging economies such as China & India coupled with rising purchasing power in developed regions such as Europe & North America.
Medium Type:
The global all-wheel drive (AWD) SUV market is expected to witness significant growth over the forecast period owing to increasing demand for high performance and fuel efficient vehicles. AWD systems are used in such vehicles where the power generated by the engine is needed at one wheel and lost at other wheels, thereby making use of rotational kinetic energy. The system works on a single or multi-pawl principle depending upon vehicle design.
Application Insights:
The commercial use segment dominated the global all-wheel drive SUV market, accounting for more than 60.0% share of the total revenue in 2017. The growth can be attributed to growing demand from countries, such as India and China, where winters are cold and snowfall occurs frequently. In these regions, AWD SUVs provide better traction on snowy roads due to larger tires fitted at the rear that spinternot only preventing skidding but also providing better control over wheel slip by enhancing cornering stability.
The home use segment is expected to witness significant growth over the forecast period owing to increasing consumer preference for high performance vehicles with enhanced capabilities across various end-use markets including North America and Europe. Furthermore, technological advancements coupled with increased efficiency among four-wheel drive systems will further boost product demand among consumers in developed economies of North America and Europe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional segment over the forecast period. The growth can be attributed to increasing per capita income, changing consumer preferences, and rising disposable incomes in developing countries such as China and India. Furthermore, government initiatives encouraging people to buy all-wheel drive vehicles are anticipated to further boost the market growth in these regions. For instance, in 2017 ‘China Energy Conservation Promotion Act’ was introduced which imposed a tax of up to US$ 20,000 on any imported car not meeting Chinese energy consumption standards from 2018 onwards.
Europe accounted for more than 25% share of global revenue in 2017 owing with high demand for AWD vehicles across countries including Germany, Norway, Sweden.
Growth Factors:
- Increasing demand for All-Wheel Drive SUVs from the developing countries as their standard of living improves and they become more affluent.
- The increasing popularity of outdoor activities and sports, such as skiing, snowboarding, mountain biking, etc., which has led to an increase in demand for vehicles that are better equipped to handle difficult terrain and challenging weather conditions.
- An aging population that is looking for vehicles with greater safety features and easier maneuverability.
- A rise in the number of women drivers who prefer All-Wheel Drive SUVs for their increased safety and stability on the road.
- The growing trend among consumers towards purchasing environmentally friendly/sustainable vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
All-Wheel Drive SUV Market Research Report
By Type
Small Type, Medium Type, Large Type
By Application
Home Use, Commercial Use
By Companies
Benz, Dodge, BMW, Nissan, Mitsubishi, Subaru, Honda, Toyota, Chevrolet, Volvo, Volkswagen, Buick, Hyundai, Jeep, Mazda
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global All-Wheel Drive SUV Market Report Segments:
The global All-Wheel Drive SUV market is segmented on the basis of:
Types
Small Type, Medium Type, Large Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Use, Commercial Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Benz
- Dodge
- BMW
- Nissan
- Mitsubishi
- Subaru
- Honda
- Toyota
- Chevrolet
- Volvo
- Volkswagen
- Buick
- Hyundai
- Jeep
- Mazda
Highlights of The All-Wheel Drive SUV Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Type
- Medium Type
- Large Type
- By Application:
- Home Use
- Commercial Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the All-Wheel Drive SUV Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
All-wheel drive is a system that uses all four wheels to provide power. This system helps the SUV stay in control on slippery surfaces and prevents it from spinning out of control.
Some of the key players operating in the all-wheel drive suv market are Benz, Dodge, BMW, Nissan, Mitsubishi, Subaru, Honda, Toyota, Chevrolet, Volvo, Volkswagen, Buick, Hyundai, Jeep, Mazda.
The all-wheel drive suv market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 All-Wheel Drive SUV Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 All-Wheel Drive SUV Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 All-Wheel Drive SUV Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the All-Wheel Drive SUV Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global All-Wheel Drive SUV Market Size & Forecast, 2020-2028
4.5.1 All-Wheel Drive SUV Market Size and Y-o-Y Growth
4.5.2 All-Wheel Drive SUV Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small Type
5.2.2 Medium Type
5.2.3 Large Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Use
6.2.2 Commercial Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global All-Wheel Drive SUV Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 All-Wheel Drive SUV Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small Type
9.6.2 Medium Type
9.6.3 Large Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Use
9.10.2 Commercial Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small Type
10.6.2 Medium Type
10.6.3 Large Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Use
10.10.2 Commercial Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small Type
11.6.2 Medium Type
11.6.3 Large Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Use
11.10.2 Commercial Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small Type
12.6.2 Medium Type
12.6.3 Large Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Use
12.10.2 Commercial Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small Type
13.6.2 Medium Type
13.6.3 Large Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Use
13.10.2 Commercial Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 All-Wheel Drive SUV Market: Competitive Dashboard
14.2 Global All-Wheel Drive SUV Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benz
14.3.2 Dodge
14.3.3 BMW
14.3.4 Nissan
14.3.5 Mitsubishi
14.3.6 Subaru
14.3.7 Honda
14.3.8 Toyota
14.3.9 Chevrolet
14.3.10 Volvo
14.3.11 Volkswagen
14.3.12 Buick
14.3.13 Hyundai
14.3.14 Jeep
14.3.15 Mazda
