Product Code: ETC4566505 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The India Sport Utility Vehicle (SUV) market is thriving as consumers` preferences shift towards these versatile and spacious vehicles. SUVs offer a combination of style, space, and performance, making them a popular choice in the India automotive market. As consumer preferences evolve, automakers are introducing a wide range of SUV models, leading to continued growth in this market.
The SUV market in India is experiencing robust growth owing to changing consumer preferences. Customers are increasingly inclined toward spacious, versatile, and safe vehicles. The availability of a wide range of SUV models, often equipped with advanced features, and a sense of prestige associated with owning an SUV are key drivers.
The India SUV market confronts challenges associated with balancing the growing demand for SUVs with fuel efficiency and environmental concerns. Manufacturers must develop SUVs that cater to the diverse India terrain while meeting emission standards.
The SUV market in India saw fluctuations during the pandemic. While consumer preferences shifted towards larger vehicles with more space and safety features, economic uncertainties impacted purchasing decisions. The market adapted by offering a wide range of SUV models to cater to different customer segments.
Prominent companies in this market are Hyundai Motor India, Maruti Suzuki India, Mahindra & Mahindra, and Tata Motors.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India SUV Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India SUV Market Revenues & Volume, 2021 & 2031F |
3.3 India SUV Market - Industry Life Cycle |
3.4 India SUV Market - Porter's Five Forces |
3.5 India SUV Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 India SUV Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 India SUV Market Revenues & Volume Share, By Class, 2021 & 2031F |
4 India SUV Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income of the middle-class population in India |
4.2.2 Changing consumer preferences towards larger vehicles for comfort and safety |
4.2.3 Growth in infrastructure development leading to better road connectivity and driving conditions |
4.3 Market Restraints |
4.3.1 High import duties and taxes on SUVs leading to increased prices |
4.3.2 Rising fuel prices impacting the affordability of SUVs |
4.3.3 Stringent emission norms and regulations affecting the production and sales of SUVs |
5 India SUV Market Trends |
6 India SUV Market, By Types |
6.1 India SUV Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 India SUV Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 India SUV Market Revenues & Volume, By Mini, 2021-2031F |
6.1.4 India SUV Market Revenues & Volume, By Compact, 2021-2031F |
6.1.5 India SUV Market Revenues & Volume, By Mid- & Full-Size, 2021-2031F |
6.1.6 India SUV Market Revenues & Volume, By MPV, 2021-2031F |
6.2 India SUV Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 India SUV Market Revenues & Volume, By Diesel, 2021-2031F |
6.2.3 India SUV Market Revenues & Volume, By Gasoline, 2021-2031F |
6.2.4 India SUV Market Revenues & Volume, By Electric, 2021-2031F |
6.3 India SUV Market, By Class |
6.3.1 Overview and Analysis |
6.3.2 India SUV Market Revenues & Volume, By B, 2021-2031F |
6.3.3 India SUV Market Revenues & Volume, By C, 2021-2031F |
6.3.4 India SUV Market Revenues & Volume, By D, 2021-2031F |
6.3.5 India SUV Market Revenues & Volume, By E, 2021-2031F |
7 India SUV Market Import-Export Trade Statistics |
7.1 India SUV Market Export to Major Countries |
7.2 India SUV Market Imports from Major Countries |
8 India SUV Market Key Performance Indicators |
8.1 Average household income levels in India |
8.2 Number of new SUV models launched in the market |
8.3 Percentage of road infrastructure development projects completed on time |
9 India SUV Market - Opportunity Assessment |
9.1 India SUV Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 India SUV Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 India SUV Market Opportunity Assessment, By Class, 2021 & 2031F |
10 India SUV Market - Competitive Landscape |
10.1 India SUV Market Revenue Share, By Companies, 2024 |
10.2 India SUV Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |