Automotive Manufacturing Global Industry Guide 2020-2029
Summary
Global Automotive Manufacturing industry profile provides top-line qualitative and quantitative summary information including: industry size (value and volume , and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the industry.
Key Highlights
- The automotive manufacturing industry is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. The electric and hybrid vehicles are out of our market scope.
- Passenger cars are motor vehicles designed to transport passengers. They have at least four wheels and no more than eight seats, including the driver's seat. The market for passenger cars includes those that are powered by petrol and diesel. This category includes mini, small, medium, large, exclusive, and luxury cars, as well as compact, mid, and full-size SUVs/crossovers. Passenger cars also encompass compact, small, and large MPVs, mini, compact, mid, and full-size pickups, and sport coupe cars.
- The motorcycle manufacturing segment includes powered two-wheelers, including mopeds, for on-road, racetrack-only, and off-road use.
- The truck manufacturing segment includes three types of vehicles: light commercial vehicles (LCVs), heavy trucks, and buses & coaches.
- The value of the automotive manufacturing industry is calculated based on the manufacturer's selling price, excluding taxes and levies. Market volume represents the production of vehicles in a country in a specific year.
- All market data and forecasts are based on nominal prices and all currency conversions used in the creation of this report have been calculated using yearly annual average exchange rates. The USD values may show a declining trend for few countries such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global automotive manufacturing industry recorded revenues of $2,526.5 billion in 2024, representing a compound annual growth rate (CAGR) of 0.6% between 2019 and 2024.
- Industry production volume increased with a CAGR of 0.9% between 2019 and 2024, reaching a total of 170.9 million units in 2024.
- The global automotive manufacturing industry’s production volume grew by 1.9% in 2024, which was also supported by rising demand from the domestic rental car market. Fleet expansion by rental companies led to bulk orders, boosting factory output. According to GlobalData, the rental car fleet in China stood at 198,509 units in 2024, an increase of 21.6% from the previous year.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global automotive manufacturing industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global automotive manufacturing industry
- Leading company profiles reveal details of key automotive manufacturing industry players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global automotive manufacturing industry with five year forecasts by both value and volume
- Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
Reasons To Buy
- What was the size of the global automotive manufacturing industry by value in 2024?
- What will be the size of the global automotive manufacturing industry in 2029?
- What factors are affecting the strength of competition in the global automotive manufacturing industry?
- How has the industry performed over the last five years?
- What are the main segments that make up the global automotive manufacturing industry?