The global SUV and sub-compact SUV market is projected to reach 30.2 million units by
2020, growing at a CAGR of 5.36% during the forecast period. The SUV and sub-compact
SUV market has witnessed considerable growth in countries such as the U.S., China,
India, and Mexico, owing to its low cost and compactness (compared to full-sized suvs),
stylistic design, and high maneuverability.
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