Aug 16, 2018   SOURCE: BusinessWire

China Sport Utility Vehicle (SUV) Industry Report, 2018-2022 - SUV Sales will Take up a Larger Proportion of the Passenger Vehicle Sales in China and Exceed 15 Million Units in 2022 - ResearchAndMarkets.com

The "Research Report on China's Sport Utility Vehicle (SUV) Industry, 2018-2022" report has been added to ResearchAndMarkets.com's offering.

China's automobile market is undergoing a period of slow growth as China's economic growth slows down. However, the high growth rate of the SUV market has attracted the attention of many automakers and led to increasingly fierce market competition. For more market share, some joint-venture automobile brands keep launching low-end SUVs to compete with domestic automobile brands on the low-price market. Less well-known, domestic automobile brands find it difficult to compete with joint venture automobile brands and imported ones on the high-end market.

From 2018 to 2022, the Chinese economy is expected to maintain steady growth and the demand for SUVs will continue to grow with the rise in the income of Chinese residents. Compared with developed countries, China's automobile consumption market is still at an early stage, and there is huge growth potential for automobile reserve volume. Moreover, in response to resources and environment pressure, new energy SUVs are growing rapidly with policy support, which further expands the market for SUVs. From 2018 to 2022, SUV sales will take up a larger proportion of the passenger vehicle sales in China and exceed 15 million units in 2022.

Key Topics Covered:

1 Basic Concepts of SUV Industry

2 Analysis on China's SUV Industry, 2013-2017

3 Market Competition in China's SUV Industry

4 Analysis on Major SUV Manufacturers in China

5 Analysis on Production Costs and Prices of SUVs in China, 2015-2018

6 Forecast on Development of China's SUV Industry, 2018-2022

Companies Mentioned

  • Great Wall Motor Company Limited
  • SAIC-GM-Wuling Automobile Co., Ltd.
  • Guangzhou Automobile Group Motor Co., Ltd.
  • SAIC Volkswagen Automotive Co., Ltd.
  • Geely Automobile Holdings Limited
  • Chongqing Changan Automobile Co., Ltd.
  • SAIC General Motors Corporation Limited
  • SAIC Motor Passenger Vehicle Company
  • Dongfeng Nissan Passenger Vehicle Company

For more information about this report visit https://www.researchandmarkets.com/research/bjt853/china_sport?w=4