China Suv Market Size, Share, Trends and Forecasts to 2018

China SUV Market Size, Share, Trends, Company Profiles, Demand, Insights,

Analysis, Research, Report, Opportunities, Segmentation and Forecast To

2018

Chinese automobile market obtained the maximum growth in the year 2013. In addition, it

increased the output by more than 14.8% YoY to 22 million. The sales volume of the China

SUV Industry attained over 13.92% YoY and crossing over 21 million. This has lead to the

growth in Passenger car segment with increase in output and sales volume. Owing to the huge

base of the current market, growth rate of china’s passenger car market will be reduced by 10%.

Furthermore, Chinese SUV industry observed rapid development in 2013 with a higher growth

rate than the passenger car market and total car market. This increased the industry output by 2

million, hence augmenting the 50% of the sales volume. The total sales volume increased from

49.3% YoY to 2.99 million. Nowadays, SUV has become more in demand and more popular

among the Chinese customers. By 2018, SUV market since past few years is growing rapidly. Its

sales volume is likely to cross over 7 million by 2018.

The SUV sub- compact industry has experienced considerable growth in the regions like Mexico,

United States, India and China. This is majorly due to its compactness and low cost nature. Also,

high maneuverability and stylish design of the sub compact SUV will augment the market

demand for china SUV. High fuel efficient of SUV;s than passenger cars owing to its small

engine , rebate and compact body on excise duty in various countries is the major factor

augmenting the industry demand.

Read Complete Report with TOC: http://www.radiantinsights.com/research/china-suvindustry

The sub-compact SUV and Asia-Oceania SUV market is anticipated to go through maximum

CAGR over the forecast period. Availability of economical domestic resources, strong

governmental supports and developing economies in the regions like China and India will impact

the overall...