• Cat-intel
  • MedIntelliX
  • Resources
  • About Us
  • Request Free Sample ×

    Kindly complete the form below to receive a free sample of this Report

    Leading companies partner with us for data-driven Insights

    clients tt-cursor

    US Utility Vehicles Market

    ID: MRFR/AM/14291-HCR
    100 Pages
    Garvit Vyas
    September 2025

    US Utility Vehicles Market

    Share:
    Download PDF ×

    We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

    US Utility Vehicles Market Research Report - Forecast to 2035 Infographic
    Purchase Options
    $ 4,950.0
    $ 5,950.0
    $ 7,250.0

    US Utility Vehicles Market Summary

    The US Utility Vehicles market is projected to grow significantly from 235.94 USD Billion in 2024 to 541.32 USD Billion by 2035.

    Key Market Trends & Highlights

    US Utility Vehicles Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate of 7.84 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 541.32 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 235.94 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of utility vehicles due to increasing consumer demand for versatility is a major market driver.

    Market Size & Forecast

    2024 Market Size 235.94 (USD Billion)
    2035 Market Size 541.32 (USD Billion)
    CAGR (2025 - 2035) 7.84%

    Major Players

    Apple Inc (US), Microsoft Corp (US), Amazon.com Inc (US), Alphabet Inc (US), Berkshire Hathaway Inc (US), Meta Platforms Inc (US), Tesla Inc (US), Johnson & Johnson (US), Visa Inc (US), Procter & Gamble Co (US)

    Key Companies in the US Utility Vehicles Market market include

    FAQs

    What is the projected market size of the US Utility Vehicles Market in 2024?

    The projected market size of the US Utility Vehicles Market in 2024 is expected to be valued at 5.5 billion USD.

    What is the expected market size for the US Utility Vehicles Market by 2035?

    By 2035, the expected market size for the US Utility Vehicles Market is projected to reach 15.5 billion USD.

    What is the expected CAGR for the US Utility Vehicles Market from 2025 to 2035?

    The expected compound annual growth rate (CAGR) for the US Utility Vehicles Market from 2025 to 2035 is 9.877%.

    Which vehicle type is expected to dominate the US Utility Vehicles Market in terms of value?

    The Sport Utility Vehicle (SUV) segment is expected to dominate the US Utility Vehicles Market, valued at 2.4 billion USD in 2024 and projected to reach 7 billion USD by 2035.

    What market value is anticipated for Multi Utility Vehicles (MUV) in 2024 and 2035?

    The market value for Multi Utility Vehicles (MUV) is anticipated to be 1.5 billion USD in 2024 and 4.5 billion USD by 2035.

    What are the anticipated market values for Utility Terrain Vehicles (UTV) from 2024 to 2035?

    Utility Terrain Vehicles (UTV) are anticipated to have a market value of 1 billion USD in 2024, growing to 3 billion USD by 2035.

    Who are the key players in the US Utility Vehicles Market?

    Key players in the US Utility Vehicles Market include Jeep, Nissan, Kia, Toyota, Tesla, Land Rover, Ford Motor Company, and others.

    What are the expected market values for other types of utility vehicles by 2035?

    Other types of utility vehicles are expected to have a market value of 0.6 billion USD in 2024 and rise to 1 billion USD by 2035.

    What growth opportunities exist in the US Utility Vehicles Market?

    Growing consumer preferences for versatile and spacious vehicles present significant growth opportunities in the US Utility Vehicles Market.

    How is the current economic landscape affecting the US Utility Vehicles Market?

    The current economic landscape, including inflation and supply chain issues, is influencing consumer purchasing behaviors and market dynamics in the US Utility Vehicles Market.

    Report Infographic
    Free Sample Request

    Kindly complete the form below to receive a free sample of this Report

    Customer Stories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
    Case Study

    Chemicals and Materials