In this article, we will look at the 10 best three-row SUVs in 2023. If you want to explore similar SUVs, you can also take a look at 5 Best Three-Row SUVs in 2023.
SUVs are becoming increasingly popular due to their versatility and spacious interiors, making them an ideal choice for drivers who need plenty of room to take their family and friends on trips. Three-row SUVs are the perfect option for those who need extra space for passengers or cargo, as they offer ample seating for up to seven or eight people.
An Analysis of the Global SUV Industry: Size, Drivers, Opportunities, Challenges, and More
The SUV market has grown significantly over the past decade, with an increasing number of consumers opting for the larger and more expensive vehicles. SUVs offer more space, higher ground clearance and greater visibility than other vehicle categories, making them an attractive option for consumers who require a vehicle with greater utility.
While the global automotive industry is among the largest industries in the world, valued at $2.6 trillion, the SUV industry is responsible for a major chunk of this huge market cap. According to a report by MarketsandMarkets, the global SUV industry was worth $885.8 billion in 2022. The SUV market is expected to grow at a compound annual growth rate of 6.6% through 2027, reaching a valuation of $1.22 trillion by the end of the forecasted period.
According to the report, the SUV industry is being driven by a surge in demand for luxury vehicles, particularly SUVs, due to improving economic conditions across the globe and a rise in disposable income. The report pointed out that global premium SUV production increased from 53% in 2016 to 62% in 2021. The U.S., Canada, China, Japan, and South Korea are the main drivers of the SUV market, representing over 90% of total production. Not just SUVs, these countries are also among the largest car producers in the world, no matter its class. In 2021, 75% of luxury cars produced in the U.S. were SUVs. China and India have also seen significant growth in SUV demand, with China increasing by 36% and India by 10% between 2018 and 2021.
Rising global vehicle sales have prompted governments and regulatory bodies to impose stricter emission norms. This has increased the demand for electric and hybrid vehicles, resulting in more electric SUVs being launched. The report pointed out that according to statistics from the IEA, over 55% of electric car models that were announced in 2021 were SUVs and pickups. Electrification of SUVs is attractive due to their higher fuel consumption and since they have a higher price tag as compared to smaller cars, manufacturers can charge a premium and reap higher profit margins. Currently, the US has the highest electric SUV market share, while India, China, and some EU countries are recording the fastest growth.
Automakers are working on bringing more large electric SUVs to market. However, large batteries and increased weight are resulting in increased costs and higher charging times. SUV sales continue to be dominated by traditional powertrains. Though some hybrid or electric models exist, advancements in battery technology are needed to make electric SUVs more popular.
In 2021, the all-electric SUV market was led by Asia-Pacific, with China accounting for more than 94% of sales. In recent years, Chinese, South Korean, Japanese, and Indian carmakers have launched various electric SUVs. Future electric SUVs are expected to be more powerful due to advancements in electric powertrain, batteries, thermal management, and other power electronic modules.
Furthermore, according to the report, two-row and three-row SUVs are becoming increasingly popular among consumers. While, the Americas region held the largest market share of this segment, rising adoption of three-row SUVs from APAC countries is expected to drive the growth of this segment further through the forecasted period.
The SUV market is expected to continue to grow in the coming years as more consumers opt for these vehicles over other categories. Manufacturers are also continuing to invest in developing new technologies, such as hybrid and electric powertrains, to make SUVs more efficient and attractive to consumers. Some of the largest car companies in the world that are working on bringing their all-electric SUVs to the market include Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F).
Let’s now look at the 10 best three-row SUVs in 2023.
Our Methodology
To determine the best three-row SUVs in 2023, we reviewed consensus picks from Forbes, Edmunds, Motor Trend, TrueCar, and Kelley Blue Book. We then used our own scoring method to narrow down the best from these. We started by including SUVs that were mentioned in at least 3 of the 5 rankings we reviewed. Then we scored each SUV according to how high they were ranked on their respective lists. SUVs that were ranked at number 1 received 10 points and we deducted 1 point for each lower rank up. SUVs that were ranked at number 10 and below received 1 point. We added up the points we gave to each SUV and then arranged these SUVs in ascending order of their calculated scores. Where the score was the same, we used the number of mentions as the tie-breaker.
In addition to its features, along with each SUV, we have mentioned the number of rankings it was part of and also our calculated score for it.
Best Three-Row SUVs in 2023
10. Subaru Ascent
Number of Mentions: 3
Insider Monkey’s Score: 11
The 2023 Subaru Ascent, by Subaru Corporation (OTC:FUJHY) is becoming a popular choice among experts when it comes to three-row SUVs. Subaru Corporation (OTC:FUJHY) equipped the 2023 Ascent with a powerful 2.4-liter turbocharged flat-four engine that produces 260 horsepower and 277 lb-ft of torque, which is paired with a CVT automatic transmission and all-wheel drive. Furthermore, it is equipped with a variety of safety features as standard, such as automatic emergency braking, lane centering, adaptive cruise control, and automatic high-beams. Subaru Corporation (OTC:FUJHY) offered blind-spot monitoring and rear cross-traffic alert in the higher trim models. Additionally, this car offers a comfortable ride, a large infotainment touchscreen, and a comprehensive selection of safety features. All these features make the 2023 Subaru Ascent one of the best three-row SUVs in 2023.
Some of the top automakers in the world include Subaru Corporation (OTC:FUJHY), Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F).
9. Acura MDX
Number of Mentions: 3
Insider Monkey’s Score: 13
The 2023 Acura MDX is a luxurious and practical three-row SUV offering the modern driver a high-end cabin with plush seating and a variety of features. Its standard 290-horsepower V6 engine, coupled with a 10-speed automatic transmission, provides drivers with ample power and great performance. For those who desire more power, the MDX Type S model features a turbocharged 355-horsepower V6 engine. The MDX also has superior handling capabilities and is made with high-quality materials. It offers plenty of cargo space and advanced safety features such as pedestrian detection, lane-departure warning, adaptive cruise control, and driver-attention monitoring. It has become a favorite of experts, making it an easy choice for anyone looking for a luxurious three-row SUV. With its modern features, plenty of power, and superior quality, the 2023 Acura MDX is one of the best three-row SUVs for 2023.
8. Jeep Grand Cherokee L
Number of Mentions: 4
Insider Monkey’s Score: 13
The 2023 Jeep Grand Cherokee L is a great choice for those looking for an impressive three-row SUV. This model offers seating for up to seven passengers, along with a variety of safety and technology features. For power, you have the option of a 290 horsepower V-6 engine and an eight-speed automatic transmission, or a 357 horsepower V-8 engine with either rear- or all-wheel drive. Fuel economy is equally impressive, with 19 mpg in the city and 26 mpg on the highway for the V-6. Inside, the Grand Cherokee L features luxurious materials and finishes, including wood trim and genuine leather upholstery in the higher-end variants. No matter what you’re looking for in a three-row SUV, the 2023 Grand Cherokee L is an excellent choice. It’s sure to be a popular choice in the upcoming year thanks to its impressive powertrain, decent fuel economy, and luxurious interior.
7. Ford Explorer
Number of Mentions: 4
Insider Monkey’s Score: 15
The 2023 Ford Explorer is a top-rated three-row SUV that offers a generous amount of cargo space and superior handling and ride comfort. Safety is also a major priority, with a wide range of advanced safety features such as forward collision warning, forward automatic emergency braking, pedestrian detection, and driver-attention monitoring. The infotainment system is user-friendly and intuitive, making it easy to access the features you need. For power, the lower trims of the Explorer feature a turbocharged 2.3-liter four-cylinder engine, boasting an impressive 300 horsepower and delivering a smooth ride. If you’re looking for more power and a more enjoyable driving experience, the higher trim levels come with a twin-turbocharged 3.0-liter V6 engine, providing 400 horsepower. With a total score of 15, the 2023 Ford Explorer is one of the best three-row SUVs available in 2023.
6. Volkswagen Atlas
Number of Mentions: 3
Insider Monkey’s Score: 17
The 2023 Volkswagen Atlas is an ideal choice for those looking for a reliable and safe vehicle that offers plenty of seating and cargo space and a pleasant driving experience. Volkswagen AG (OTC:VWAGY) offered two engine options for the 2023 Atlas – a turbocharged 2.0-liter four-cylinder and a 3.6-liter V6, both of which are paired with an eight-speed automatic transmission and front-wheel drive. All-wheel drive is available as an optional feature. Volkswagen AG (OTC:VWAGY) also equipped the 2023 Atlas with plenty of standard and optional safety features, such as forward-collision warning, automated emergency braking, blind-spot monitoring, and rear cross-traffic alert, the Atlas is sure to provide peace of mind. It also comes with plenty of entertainment options, making it a great family vehicle. With 17 points, the 2023 Atlas has earned a spot among the best three-row SUVs for 2023.
In addition to Tesla, Inc. (NASDAQ:TSLA), General Motors Company (NYSE:GM), and Ford Motor Company (NYSE:F), Volkswagen AG (OTC:VWAGY) is also making strides to dominate the electric SUV space and is working on innovative SUVs such as the VW ID.4.
Click to continue reading and see 5 Best Three-Row SUVs in 2023.
Suggested articles:
- 35 Most Expensive Countries in the World
- 15 Dividend Stocks That Also Beat the Market
- 15 Most Valuable Russian Companies
Disclosure: None. 10 Best Three-Row SUVs in 2023 is originally published on Insider Monkey.