Investment Rating - The report does not explicitly state an investment rating for the SUV industry Core Insights - The SUV market in China is projected to grow significantly, with the market size expected to reach approximately 43,432.02 billion RMB by 2028, reflecting a compound annual growth rate (CAGR) of around 15.07% from 2023 to 2028 [25] - The A0-level SUV market is forecasted to decline, with a projected market size of 920.47 billion RMB in 2024, down from 929.77 billion RMB in 2023, indicating a slight decrease [25] - The A-level SUV market is expected to stabilize around 8,281.82 billion RMB in 2024, with a modest growth rate of 0.45% anticipated for the following years [25][32] - The B-level SUV market is projected to experience robust growth, with an expected market size of 12,312.66 billion RMB in 2024, reflecting a growth rate of 24.44% [51] Market Size Overview - The overall SUV market size in China from 2018 to 2028 shows a consistent upward trend, with the market size increasing from 14,778.46 billion RMB in 2018 to an estimated 43,432.02 billion RMB in 2028 [25] - The A0-level SUV market size fluctuated significantly, peaking at 2,179.5 billion RMB in 2020 before declining to 929.77 billion RMB in 2023, with projections indicating further decreases in the coming years [25][32] - The A-level SUV market has shown relative stability, with minor fluctuations in size, maintaining a range around 8,000 billion RMB over the years [25][32] - The B-level SUV market has shown strong growth, increasing from 3,662.58 billion RMB in 2018 to a projected 12,312.66 billion RMB in 2024 [51] Retail Sales Insights - Retail sales of A0-level SUVs have been declining, with sales expected to drop from 109,000 units in 2023 to 98,100 units in 2024, reflecting a decrease of 10% [29] - A-level SUV retail sales are projected to decrease from 520,500 units in 2023 to 510,090 units in 2024, indicating a slight decline [37] - B-level SUV retail sales are expected to grow significantly, from 322,400 units in 2023 to 393,330 units in 2024, reflecting a growth rate of approximately 22% [51] - C-level SUV retail sales are also projected to increase from 83,900 units in 2023 to 96,490 units in 2024, indicating a growth rate of 15% [62]
中国SUV行业市场规模测算逻辑模型 头豹词条报告系列
Tou Bao Yan Jiu Yuan·2024-10-09 12:01