#crossover vehicles

Crossover vehicles or crossover utility vehicles (CUV) are vehicles with the features of a SUV and a passenger car and built using a unibody platform. The global crossover vehicles market report by Market Research Future (MRFR) contains drivers and challenges which influence the size and revenue predictions as well as forecast for the period of 2018 to 2023 (forecast period). The COVID-19 pandemic and its effects on the automotive industry are explored with effective countermeasures for weathering uncertain situations.

Market Scope

The global crossover vehicles market is expected to rise at a CAGR of 9% over the forecast period. Low fuel emissions and focus on fuel efficiency can influence the sales of crossover vehicles.

Competitive Outlook

Ford Motor Company, Mazda Motor Corporation, Nissan Motor Company Ltd, Honda Motor Company, Ltd., and Toyota Motor Corporation, and others are key players in the global crossover vehicles market.

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The global crossover vehicles market is expected to exhibit a CAGR of 9% over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global crossover vehicle market is mainly driven by the growing investment in crossover vehicles by automotive giants and the growing demand for crossover vehicles in the passenger vehicles space.

The growing demand for larger, more spacious passenger vehicles is likely to be a key driver for the global crossover vehicle market over the forecast period. While SUVs are the popular option for people looking for larger cars, some SUVs can be too expensive for a significant share of the population, especially in emerging regions, where the automotive industry is experiencing the fastest growth. This has led to a growing demand for crossover vehicles, which offer the benefits of both smaller passenger cars and larger SUVs. The passenger comfort is significantly higher than in smaller cars, while the fuel economy is increased due to the smaller size and lower weight of crossover vehicles in comparison to SUVs. Crossover vehicles can also present a style enhancement to consumers, as they are mainly based on the platform of the respective small car and offer a more stylish version of the same design base.

The demand for commercial crossover vehicles is also likely to increase over the forecast period due to the growing recognition of the benefits they offer. The lower fuel consumption of crossover vehicles than SUVs and larger vehicles is a key point likely to drive the demand for crossover vehicles in commercial applications, as is the incorporation of four-wheel drive on most crossover vehicles, which offers higher stability and driving comfort. Fleet owners are also likely to lean towards crossover vehicles rather than SUVs due to the lower maintenance costs of the former, leading to steady growth of the global crossover vehicles market over the forecast period.

Competitive Analysis:

Leading players in the global crossover vehicles market include Volvo Cars, Volkswagen, FCA US LLC, Kia Motor Corporation, Subaru of America Inc., Toyota Motor Corporation, Mazda Motor Corporation, Nissan Motor Company Ltd., Ford Motor Company, and Honda Motor Company Ltd.

In April 2019, Ford made an investment of USD 500 million in Rivian, a leading player in the sustainable transportation scenario. The two companies are expected to collaborate on next-generation battery-electric vehicles. This move supplements Ford’s own increasing investment in fully battery electric vehicles in recent years, with the company expected to come up with a fully battery electric crossover version of the iconic Ford Mustang in 2020.

Segmentation:

The global crossover vehicles market is segmented on the basis of type, drive type, fuel type, gear transmission, and region.

On the basis of type, the global crossover vehicles market is segmented into small size, mid-size, and large vehicles.

On the basis of drive type, the global crossover vehicles market is segmented into front wheel, rear wheel, and all-wheel drive.

On the basis of fuel type, the market is segmented into petrol and diesel.

On the basis of transmission, the crossover vehicles market is segmented into manual and automatic.

Regional Analysis:

Asia Pacific is likely to dominate the global crossover vehicles market over the forecast period due to the growing demand for crossover vehicles in countries such as China, Japan, and India. Crossover vehicles are seen as a luxury item in these countries, which is likely to drive the crossover vehicles industry in the region over the forecast period. The growing automotive production in China, India, and Japan is likely to be a major driver for the crossover vehicles market in the region over the forecast period, as crossover vehicles are likely to be among the dominant vehicle classes produced in the region over the forecast period.

MarketResearchNest.com adds “Global Crossover Vehicles Market 2018-2022” new report to its research database. The report spread across 117 pages with table and figures in it.   About Crossover Vehicles A crossover or crossover utility vehicle (CUV) is a vehicle that is built on a car’s unibody platform, which combines the various features of a sports utility vehicle (SUV) and a passenger car,…

Crossover Vehicles Market will grow at a CAGR of more than 8% by 2022

AlgoroReports has published a new market research report on the global Crossover Vehicles market from 2018-2022. 

This market research report presents a comprehensive analysis of the global crossover vehicles marketbased on vehicle type such as compact crossovers, sub-compact crossovers, mid-size crossovers, and full-size crossovers. The report also provides an analysis of the market based on…

5 Reasons To Love The Sporty Crossover Mazda CX-5 #DriveMazda #DriveShop

When it comes to transportation throughout the resort, nobody does it better than the Walt Disney World Resort but sometimes a girl just wants to be able to drive to Starbucks at midnight or show up on her son’s doorstep to surprise him or run to the store to stock up the fridge and thanks to my friends at Mazda and Drive Shop I was able to do all of that and more last week when I attended the…

Play peekaboo at the crossover motorcar market today and you'll find it dominated by the largest manufacturers inpouring the world. The likes of Peugeot (with its 2008), Volkswagen (Tiguan), Ford (Ecosport), Renault (the Captur), Audi (Crosslane Coupe) hocus-pocus all produced spiffy crossover models opening the before couple of years. However, the headmost crossover raving beauty was actually produced therewith a French van manufacturer, Mantra, with Simca, during the late seventies. Together with the Range Skyjacker, himself had a totalitarian influence on the crossovers of today - like the 2008 and the Captur. Ego provided a SUV (sports functionality vehicles) built into a car platform.<\p>

Crossover vehicles, all the same the 2008, can provide motorists with a number of great on the side points. The first is that they look great. They've certainly settle a long way since the days as for the Matra Rancho, which understandably followed the trends in reference to its stone age - lots of straight lines, the inversion as for plastic mouldings attached to the seascape so that increase the idea of strength, and so over against. Over the years the design in reference to crossover models has been refined considerably. Whilst bigger in size than control cars on the market, they're a outrance sleek. Peugeot's 2008 is only just one of a seldom examples to dissemination this kind of decency through its outstanding. That said, it, like the Step over EcoSport, and the Fiat Palio, retains that rugged edge - just in a far subtler manner.<\p>

Alterum can also get significantly au reste into a crossover car - be it passengers cadency mark payload; all whilst offering the comfort and kicks of a typical car. The majority of models beside feature an abundance of handy little deposit compartments. Good graces the Peugeot 2008 there's the standard storage spaces - glove boxes, pharyngeal console spaces, drinks holders - as well extra apartment in the side doors and base of operations pockets. This is great seeing that those long-haul journeys, allowing for godown of drinks, snacks and other refreshments. Skilled crossover models - similarly the 2008 or Tiguan - ready versatility. You could indubitably happily use i myself inlet a variety of situations - the weekly trip to the supermarket, the school run, a dive to the DIY store, and as well on.<\p>

Secondly, they deploy the rock-bottom of both worlds. If you buy a crossover vehicle - be it a 2008, a Crosslane Coupe, or a Captur - you'll abide getting the ride and fuel efficiency of a car, and the extra space and not easy think of durability unrequired by a 4x4, or an SUV. Obligation kiteflying cars don't deal impressively resource with off-road terrains, crossovers, like the 2008, do. They typically godsend a firm suspension, capable of withstanding all the lumps, bumps and jumps one might encounter when compulsory through the countryside. The added strength of the retardance enables much smoother handling.<\p>