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Car Manufacturing Global Industry Guide 2020-2029

Car Manufacturing Global Industry Guide 2020-2029

Summary

Global Car Manufacturing industry profile provides top-line qualitative and quantitative summary information including: market share, 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 car manufacturing market encompasses passenger cars, which are defined as motor vehicles equipped with at least four wheels, designed primarily for the transportation of passengers. These vehicles typically accommodate no more than eight seats, including the driver's seat. This market includes petrol, diesel, electric, and hybrid passenger cars. The market encompasses a broad spectrum of vehicle types, such as mini, small, medium, large, exclusive, and luxury cars, along with mini, compact, mid and full-size SUVs/crossovers. Additionally, it encompasses compact, small and large MPVs, as well as mini, compact, mid and full-size pickups. Sport coupe cars are also included within the scope. Light or heavy commercial vehicles e.g., vans or heavy goods vehicles (HGVs) are excluded from the market scope.
- Market volume represents the quantity of completely built-up (CBU) cars in a particular country/region. Market value is calculated in terms of manufacturer's selling price (MSP) and excludes all taxes and levies. Market shares refer to the volume of built units in a particular country in the respective calendar year. This represents only the number of cars manufactured.
- The market is segmented into car, pickup, SUV, and MPV. The car segment covers all passenger cars, mini, small, medium, large, exclusive, luxury cars as well as sporty cars. The pickup segment includes small vans or light-duty trucks that have enclosed cabins with low sides. SUV includes a multi-passenger sport utility vehicle with body-on-frame construction with a body mounted to a ladder frame. These also include crossovers and are generally rear-wheel drive (RWD). MPV includes large, tall cars whose seats could be moved or removed to make space for carrying loads.
- 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 a few countries, such as Argentina, Turkey, Nigeria, Egypt, and Russia. This is primarily because of the impact of exchange rates considered.
- The global car manufacturing industry recorded revenues of $1,366.5 billion in 2024, representing a compound annual growth rate (CAGR) of 0.2% between 2019 and 2024.
- Industry production volume increased with a CAGR of 0.4% between 2019 and 2024, reaching a total of 81,083.7 thousand units in 2024.
- The production volume of the global car manufacturing industry saw a notable contraction of 0.4% in 2024, primarily due to supply chain disruptions, especially for chips, EV batteries, and specialized components. Although the severity of semiconductor shortages had lessened compared to 2022, localized bottlenecks persisted—particularly in Southeast Asia and Eastern Europe—impacting just-in-time manufacturing processes.

Scope

- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the global car manufacturing Industry
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global car manufacturing Industry
- Leading company profiles reveal details of key car manufacturing Industry players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the global car 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 car manufacturing Industry by value in 2024?
- What will be the size of the global car manufacturing Industry in 2029?
- What factors are affecting the strength of competition in the global car manufacturing Industry?
- How has the Industry performed over the last five years?
- Who are the top competitors in the global car manufacturing Industry?
Provider
MarketLine
MarketLine

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