Product Code: A10762
The crossovers market is expected to experience a significant growth rate of 7.6% from 2023-2032 due to the expansion of various factors influencing consumer preferences and the automotive industry as a whole - Allied Market Research
The popularity of SUVs has emerged as a compelling force with a positive impact on the crossovers market, shaping consumer preferences and contributing significantly to the overall growth of the automotive segment. CUVs, or Crossover Utility Vehicles, have witnessed a remarkable surge in popularity over the past few decades, owing to several factors, including the desire for a commanding driving position, increased visibility, and a rugged aesthetic that resonates with a diverse range of consumers. The crossovers image as a versatile vehicle capable of handling diverse terrains and varying weather conditions has contributed to its widespread appeal. This surge in popularity has led to increase in the sales of crossovers market, positively influencing its trajectory.
Crossovers, often considered a more refined and urban-oriented iteration of traditional SUVs, share many of the attractive features that have fueled the SUV craze. The elevated driving position, which provides a clear view of the road, is a characteristic that both SUVs and crossovers share. This feature appeals to drivers seeking a sense of confidence and control while navigating through various driving environments.
Moreover, consumers are attracted to the perceived sense of safety and security provided by SUVs, which has significantly contributed to their widespread popularity. The sturdy construction and expansive size of SUVs play a crucial role in instilling a heightened feeling of safety among drivers on the road. Crossovers inherit these safety features, offering families and individuals a vehicle that not only meets their practical needs but also aligns with their safety concerns. Manufacturers are strategically introducing a diverse range of crossover models, drawing inspiration from the success of SUV designs. Crossovers now come in various sizes and configurations, catering to different consumer preferences and family sizes.
Also, the positive influence of SUVs on the crossovers market extends to the driving experience. Consumers appreciate the smooth ride and handling characteristics of SUVs, traits that crossover vehicles have adopted to create a more enjoyable and comfortable driving experience. The crossovers market has embraced these attributes, positioning itself as an attractive option for those seeking a blend of SUV-like features with the efficiency and urban-friendly design of a sedan. Hence, the popularity of SUVs has played a pivotal and positive role in shaping the crossovers market.
The global crossovers market is segmented by type, by propulsion, by gear transmission, and by region. On the basis of type, the market is divided into compact crossovers, mid-size crossovers, and full-size crossovers. By propulsion, it is bifurcated into ICE and electric. By gear transmission, it is bifurcated into manual and automatic. By region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players covered in the report include Ford Motor Company, Mitsubishi Motors North America, Inc., Hyundai Motor Group, Kia Motors, Nissan Motor Company Ltd, TATA Motors, Toyota Motor Corporation, Volkswagen AG , Subaru of America, Inc., and Mazda Motor Corporation.
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- Investment Opportunities
- Technology Trend Analysis
- Average Consumer Expenditure
- Distributor margin Analysis
- Go To Market Strategy
- Market share analysis of players by products/segments
- New Product Development/ Product Matrix of Key Players
- Additional company profiles with specific to client's interest
- Additional country or region analysis- market size and forecast
- Brands Share Analysis
- Historic market data
- SWOT Analysis
- Volume Market Size and Forecast
Key Market Segments
By Type
- Compact Crossovers
- Mid-size Crossovers
- Full-size Crossovers
By Propulsion
By Gear Transmission
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Indonesia
- Malaysia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players:
- Ford Motor Company
- Tata Motors
- Subaru of America, Inc.
- Mazda Motor Corporation
- Kia Corporation
- Nissan Motor Co., Ltd.
- TOYOTA MOTOR CORPORATION
- Hyundai Motor Group
- MITSUBISHI MOTORS CORPORATION
- Volkswagen Group
TABLE OF CONTENTS
CHAPTER 1: INTRODUCTION
- 1.1. Report description
- 1.2. Key market segments
- 1.3. Key benefits to the stakeholders
- 1.4. Research methodology
- 1.4.1. Primary research
- 1.4.2. Secondary research
- 1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
- 3.1. Market definition and scope
- 3.2. Key findings
- 3.2.1. Top impacting factors
- 3.2.2. Top investment pockets
- 3.3. Porter's five forces analysis
- 3.3.1. Low bargaining power of suppliers
- 3.3.2. Moderate threat of new entrants
- 3.3.3. High threat of substitutes
- 3.3.4. Moderate intensity of rivalry
- 3.3.5. Moderate bargaining power of buyers
- 3.4. Market dynamics
- 3.4.1. Drivers
- 3.4.1.1. Changes in Family Structures to Impact Positively to Crossovers Market
- 3.4.1.2. Evolution of Safety Technologies Drive Crossover Market Growth
- 3.4.1.3. Electric Crossovers to Spark a Transformation in the Market
- 3.4.2. Restraints
- 3.4.2.1. Competition from Other Vehicle Segments
- 3.4.2.2. Concerns About Fuel Efficiency
- 3.4.3. Opportunities
- 3.4.3.1. Hybrid and Plug-In Hybrid Models to create lucrative opportunities
- 3.4.3.2. Expanding into Luxury Crossover Segment
CHAPTER 4: CROSSOVERS MARKET, BY TYPE
- 4.1. Overview
- 4.1.1. Market size and forecast
- 4.2. Compact Crossovers
- 4.2.1. Key market trends, growth factors and opportunities
- 4.2.2. Market size and forecast, by region
- 4.2.3. Market share analysis by country
- 4.3. Mid-size Crossovers
- 4.3.1. Key market trends, growth factors and opportunities
- 4.3.2. Market size and forecast, by region
- 4.3.3. Market share analysis by country
- 4.4. Full-size Crossovers
- 4.4.1. Key market trends, growth factors and opportunities
- 4.4.2. Market size and forecast, by region
- 4.4.3. Market share analysis by country
CHAPTER 5: CROSSOVERS MARKET, BY PROPULSION
- 5.1. Overview
- 5.1.1. Market size and forecast
- 5.2. ICE
- 5.2.1. Key market trends, growth factors and opportunities
- 5.2.2. Market size and forecast, by region
- 5.2.3. Market share analysis by country
- 5.3. Electric
- 5.3.1. Key market trends, growth factors and opportunities
- 5.3.2. Market size and forecast, by region
- 5.3.3. Market share analysis by country
CHAPTER 6: CROSSOVERS MARKET, BY GEAR TRANSMISSION
- 6.1. Overview
- 6.1.1. Market size and forecast
- 6.2. Manual
- 6.2.1. Key market trends, growth factors and opportunities
- 6.2.2. Market size and forecast, by region
- 6.2.3. Market share analysis by country
- 6.3. Automatic
- 6.3.1. Key market trends, growth factors and opportunities
- 6.3.2. Market size and forecast, by region
- 6.3.3. Market share analysis by country
CHAPTER 7: CROSSOVERS MARKET, BY REGION
- 7.1. Overview
- 7.1.1. Market size and forecast By Region
- 7.2. North America
- 7.2.1. Key market trends, growth factors and opportunities
- 7.2.2. Market size and forecast, by Type
- 7.2.3. Market size and forecast, by Propulsion
- 7.2.4. Market size and forecast, by Gear Transmission
- 7.2.5. Market size and forecast, by country
- 7.2.5.1. U.S.
- 7.2.5.1.1. Market size and forecast, by Type
- 7.2.5.1.2. Market size and forecast, by Propulsion
- 7.2.5.1.3. Market size and forecast, by Gear Transmission
- 7.2.5.2. Canada
- 7.2.5.2.1. Market size and forecast, by Type
- 7.2.5.2.2. Market size and forecast, by Propulsion
- 7.2.5.2.3. Market size and forecast, by Gear Transmission
- 7.2.5.3. Mexico
- 7.2.5.3.1. Market size and forecast, by Type
- 7.2.5.3.2. Market size and forecast, by Propulsion
- 7.2.5.3.3. Market size and forecast, by Gear Transmission
- 7.3. Europe
- 7.3.1. Key market trends, growth factors and opportunities
- 7.3.2. Market size and forecast, by Type
- 7.3.3. Market size and forecast, by Propulsion
- 7.3.4. Market size and forecast, by Gear Transmission
- 7.3.5. Market size and forecast, by country
- 7.3.5.1. UK
- 7.3.5.1.1. Market size and forecast, by Type
- 7.3.5.1.2. Market size and forecast, by Propulsion
- 7.3.5.1.3. Market size and forecast, by Gear Transmission
- 7.3.5.2. Germany
- 7.3.5.2.1. Market size and forecast, by Type
- 7.3.5.2.2. Market size and forecast, by Propulsion
- 7.3.5.2.3. Market size and forecast, by Gear Transmission
- 7.3.5.3. France
- 7.3.5.3.1. Market size and forecast, by Type
- 7.3.5.3.2. Market size and forecast, by Propulsion
- 7.3.5.3.3. Market size and forecast, by Gear Transmission
- 7.3.5.4. Italy
- 7.3.5.4.1. Market size and forecast, by Type
- 7.3.5.4.2. Market size and forecast, by Propulsion
- 7.3.5.4.3. Market size and forecast, by Gear Transmission
- 7.3.5.5. Spain
- 7.3.5.5.1. Market size and forecast, by Type
- 7.3.5.5.2. Market size and forecast, by Propulsion
- 7.3.5.5.3. Market size and forecast, by Gear Transmission
- 7.3.5.6. Rest of Europe
- 7.3.5.6.1. Market size and forecast, by Type
- 7.3.5.6.2. Market size and forecast, by Propulsion
- 7.3.5.6.3. Market size and forecast, by Gear Transmission
- 7.4. Asia-Pacific
- 7.4.1. Key market trends, growth factors and opportunities
- 7.4.2. Market size and forecast, by Type
- 7.4.3. Market size and forecast, by Propulsion
- 7.4.4. Market size and forecast, by Gear Transmission
- 7.4.5. Market size and forecast, by country
- 7.4.5.1. China
- 7.4.5.1.1. Market size and forecast, by Type
- 7.4.5.1.2. Market size and forecast, by Propulsion
- 7.4.5.1.3. Market size and forecast, by Gear Transmission
- 7.4.5.2. Japan
- 7.4.5.2.1. Market size and forecast, by Type
- 7.4.5.2.2. Market size and forecast, by Propulsion
- 7.4.5.2.3. Market size and forecast, by Gear Transmission
- 7.4.5.3. India
- 7.4.5.3.1. Market size and forecast, by Type
- 7.4.5.3.2. Market size and forecast, by Propulsion
- 7.4.5.3.3. Market size and forecast, by Gear Transmission
- 7.4.5.4. South Korea
- 7.4.5.4.1. Market size and forecast, by Type
- 7.4.5.4.2. Market size and forecast, by Propulsion
- 7.4.5.4.3. Market size and forecast, by Gear Transmission
- 7.4.5.5. Indonesia
- 7.4.5.5.1. Market size and forecast, by Type
- 7.4.5.5.2. Market size and forecast, by Propulsion
- 7.4.5.5.3. Market size and forecast, by Gear Transmission
- 7.4.5.6. Malaysia
- 7.4.5.6.1. Market size and forecast, by Type
- 7.4.5.6.2. Market size and forecast, by Propulsion
- 7.4.5.6.3. Market size and forecast, by Gear Transmission
- 7.4.5.7. Rest of Asia-Pacific
- 7.4.5.7.1. Market size and forecast, by Type
- 7.4.5.7.2. Market size and forecast, by Propulsion
- 7.4.5.7.3. Market size and forecast, by Gear Transmission
- 7.5. LAMEA
- 7.5.1. Key market trends, growth factors and opportunities
- 7.5.2. Market size and forecast, by Type
- 7.5.3. Market size and forecast, by Propulsion
- 7.5.4. Market size and forecast, by Gear Transmission
- 7.5.5. Market size and forecast, by country
- 7.5.5.1. Latin America
- 7.5.5.1.1. Market size and forecast, by Type
- 7.5.5.1.2. Market size and forecast, by Propulsion
- 7.5.5.1.3. Market size and forecast, by Gear Transmission
- 7.5.5.2. Middle East
- 7.5.5.2.1. Market size and forecast, by Type
- 7.5.5.2.2. Market size and forecast, by Propulsion
- 7.5.5.2.3. Market size and forecast, by Gear Transmission
- 7.5.5.3. Africa
- 7.5.5.3.1. Market size and forecast, by Type
- 7.5.5.3.2. Market size and forecast, by Propulsion
- 7.5.5.3.3. Market size and forecast, by Gear Transmission
CHAPTER 8: COMPETITIVE LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product mapping of top 10 player
- 8.4. Competitive dashboard
- 8.5. Competitive heatmap
- 8.6. Top player positioning, 2022
CHAPTER 9: COMPANY PROFILES
- 9.1. Ford Motor Company
- 9.1.1. Company overview
- 9.1.2. Key executives
- 9.1.3. Company snapshot
- 9.1.4. Operating business segments
- 9.1.5. Product portfolio
- 9.1.6. Business performance
- 9.1.7. Key strategic moves and developments
- 9.2. MITSUBISHI MOTORS CORPORATION
- 9.2.1. Company overview
- 9.2.2. Key executives
- 9.2.3. Company snapshot
- 9.2.4. Operating business segments
- 9.2.5. Product portfolio
- 9.2.6. Business performance
- 9.2.7. Key strategic moves and developments
- 9.3. Hyundai Motor Group
- 9.3.1. Company overview
- 9.3.2. Key executives
- 9.3.3. Company snapshot
- 9.3.4. Operating business segments
- 9.3.5. Product portfolio
- 9.3.6. Business performance
- 9.3.7. Key strategic moves and developments
- 9.4. Kia Corporation
- 9.4.1. Company overview
- 9.4.2. Key executives
- 9.4.3. Company snapshot
- 9.4.4. Operating business segments
- 9.4.5. Product portfolio
- 9.4.6. Business performance
- 9.4.7. Key strategic moves and developments
- 9.5. Nissan Motor Co., Ltd.
- 9.5.1. Company overview
- 9.5.2. Key executives
- 9.5.3. Company snapshot
- 9.5.4. Operating business segments
- 9.5.5. Product portfolio
- 9.5.6. Business performance
- 9.5.7. Key strategic moves and developments
- 9.6. Tata Motors
- 9.6.1. Company overview
- 9.6.2. Key executives
- 9.6.3. Company snapshot
- 9.6.4. Operating business segments
- 9.6.5. Product portfolio
- 9.6.6. Business performance
- 9.7. TOYOTA MOTOR CORPORATION
- 9.7.1. Company overview
- 9.7.2. Key executives
- 9.7.3. Company snapshot
- 9.7.4. Operating business segments
- 9.7.5. Product portfolio
- 9.7.6. Business performance
- 9.7.7. Key strategic moves and developments
- 9.8. Volkswagen Group
- 9.8.1. Company overview
- 9.8.2. Key executives
- 9.8.3. Company snapshot
- 9.8.4. Operating business segments
- 9.8.5. Product portfolio
- 9.8.6. Business performance
- 9.8.7. Key strategic moves and developments
- 9.9. Subaru of America, Inc.
- 9.9.1. Company overview
- 9.9.2. Key executives
- 9.9.3. Company snapshot
- 9.9.4. Operating business segments
- 9.9.5. Product portfolio
- 9.9.6. Business performance
- 9.10. Mazda Motor Corporation
- 9.10.1. Company overview
- 9.10.2. Key executives
- 9.10.3. Company snapshot
- 9.10.4. Operating business segments
- 9.10.5. Product portfolio
- 9.10.6. Business performance
- 9.10.7. Key strategic moves and developments