The global MultUtility Vehicle (MUV) market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 5.2 billion by 2030. The growth of the global MUV market is driven by factors such as increasing demand for compact MUVs in developing countries and rising demand for mini MPVs in developed countries.
Compact MUVs are expected to dominate the global MUV market during the forecast period, accounting for over 50% share of total revenue in 2030. The growth of this segment is attributed to increasing demand from developing countries such as India and China, where compact vehicles are preferred due to their fuel efficiency and low cost of ownership.
Some Of The Growth Factors Of This Market:
- The growth of the MUV market is driven by the increasing demand for SUVs and CUVs in emerging markets such as China, India, and Brazil.
- Increasing urbanization in developing countries will also drive the growth of the MUV market.
- The introduction of new technologies such as autonomous driving will also drive the growth of this market.
- Increasing fuel prices are expected to have a negative impact on this market.
Industry Growth Insights published a new data on “Multi-Utility Vehicle (MUV) Market”. The research report is titled “Multi-Utility Vehicle (MUV) Market research by Types (Compact MUV, Middle MPV, Mini MPV, Other), By Applications (Household, Travel, Rent, Government, Other), By Players/Companies Toyota, HONDA, Volkswagen Group, General Motors, FORD, Fiat Chrysler Automobiles, Haima Automobile Group, GreatWall, Chery, Dongfeng Motor Corporation, Mahindra & Mahindra, Maruti Suzuki, Nissan, BMW, JAC, Mercedes-Benz, Chang'an, SAIC”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multi-Utility Vehicle (MUV) Market Research Report
By Type
Compact MUV, Middle MPV, Mini MPV, Other
By Application
Household, Travel, Rent, Government, Other
By Companies
Toyota, HONDA, Volkswagen Group, General Motors, FORD, Fiat Chrysler Automobiles, Haima Automobile Group, GreatWall, Chery, Dongfeng Motor Corporation, Mahindra & Mahindra, Maruti Suzuki, Nissan, BMW, JAC, Mercedes-Benz, Chang'an, SAIC
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Multi-Utility Vehicle (MUV) Market Report Segments:
The global Multi-Utility Vehicle (MUV) market is segmented on the basis of:
Types
Compact MUV, Middle MPV, Mini MPV, Other
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
Household, Travel, Rent, Government, Other
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:
- Toyota
- HONDA
- Volkswagen Group
- General Motors
- FORD
- Fiat Chrysler Automobiles
- Haima Automobile Group
- GreatWall
- Chery
- Dongfeng Motor Corporation
- Mahindra & Mahindra
- Maruti Suzuki
- Nissan
- BMW
- JAC
- Mercedes-Benz
- Chang'an
- SAIC
 Market Overview.svg)
Highlights of The Multi-Utility Vehicle (MUV) 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:
- Compact MUV
- Middle MPV
- Mini MPV
- Other
- By Application:
- Household
- Travel
- Rent
- Government
- Other
- 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 Multi-Utility Vehicle (MUV) 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
 Market Statistics.svg)
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?
A Multi-Utility Vehicle (MUV) is a type of vehicle that can be used for a variety of purposes, including transportation, work, and recreational activities. MUVs typically have more than one function and are designed to be versatile.
Some of the major players in the multi-utility vehicle (muv) market are Toyota, HONDA, Volkswagen Group, General Motors, FORD, Fiat Chrysler Automobiles, Haima Automobile Group, GreatWall, Chery, Dongfeng Motor Corporation, Mahindra & Mahindra, Maruti Suzuki, Nissan, BMW, JAC, Mercedes-Benz, Chang'an, SAIC.
The multi-utility vehicle (muv) market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Multi-Utility Vehicle (MUV) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Multi-Utility Vehicle (MUV) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Multi-Utility Vehicle (MUV) Market - Supply Chain
4.5. Global Multi-Utility Vehicle (MUV) Market Forecast
4.5.1. Multi-Utility Vehicle (MUV) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Multi-Utility Vehicle (MUV) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Multi-Utility Vehicle (MUV) Market Absolute $ Opportunity
5. Global Multi-Utility Vehicle (MUV) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
5.3.1. Compact MUV
5.3.2. Middle MPV
5.3.3. Mini MPV
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Multi-Utility Vehicle (MUV) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
6.3.1. Household
6.3.2. Travel
6.3.3. Rent
6.3.4. Government
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Multi-Utility Vehicle (MUV) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Multi-Utility Vehicle (MUV) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Multi-Utility Vehicle (MUV) Demand Share Forecast, 2019-2026
9. North America Multi-Utility Vehicle (MUV) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
9.4.1. Household
9.4.2. Travel
9.4.3. Rent
9.4.4. Government
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
9.7.1. Compact MUV
9.7.2. Middle MPV
9.7.3. Mini MPV
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Multi-Utility Vehicle (MUV) Demand Share Forecast, 2019-2026
10. Latin America Multi-Utility Vehicle (MUV) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
10.4.1. Household
10.4.2. Travel
10.4.3. Rent
10.4.4. Government
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
10.7.1. Compact MUV
10.7.2. Middle MPV
10.7.3. Mini MPV
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Multi-Utility Vehicle (MUV) Demand Share Forecast, 2019-2026
11. Europe Multi-Utility Vehicle (MUV) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
11.4.1. Household
11.4.2. Travel
11.4.3. Rent
11.4.4. Government
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
11.7.1. Compact MUV
11.7.2. Middle MPV
11.7.3. Mini MPV
1.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Multi-Utility Vehicle (MUV) Demand Share, 2019-2026
12. Asia Pacific Multi-Utility Vehicle (MUV) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
12.4.1. Household
12.4.2. Travel
12.4.3. Rent
12.4.4. Government
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
12.7.1. Compact MUV
12.7.2. Middle MPV
12.7.3. Mini MPV
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Multi-Utility Vehicle (MUV) Demand Share, 2019-2026
13. Middle East & Africa Multi-Utility Vehicle (MUV) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Multi-Utility Vehicle (MUV) Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Application
13.4.1. Household
13.4.2. Travel
13.4.3. Rent
13.4.4. Government
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Multi-Utility Vehicle (MUV) Market Size and Volume Forecast by Type
13.7.1. Compact MUV
13.7.2. Middle MPV
13.7.3. Mini MPV
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Multi-Utility Vehicle (MUV) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Multi-Utility Vehicle (MUV) Market: Market Share Analysis
14.2. Multi-Utility Vehicle (MUV) Distributors and Customers
14.3. Multi-Utility Vehicle (MUV) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Toyota
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HONDA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Volkswagen Group
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. General Motors
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. FORD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Fiat Chrysler Automobiles
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Haima Automobile Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. GreatWall
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Chery
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dongfeng Motor Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mahindra & Mahindra
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Maruti Suzuki
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Nissan
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. BMW
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JAC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Mercedes-Benz
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Chang'an
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. SAIC
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
