Global Passenger Cars Market to Reach 65 Million Units by 2030
The global market for Passenger Cars estimated at 48 Million Units in the year 2022, is projected to reach a revised size of 65 Million Units by 2030, growing at a CAGR of 3.9% over the analysis period 2022-2030.The U.S. Market is Estimated at 13.1 Million Units, While China is Forecast to Grow at 6.5% CAGR
The Passenger Cars market in the U.S. is estimated at 13.1 Million Units in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of 13.3 Million Units by the year 2030 trailing a CAGR of 6.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 3.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.6% CAGR.Select Competitors (Total 56 Featured) -
- Adam Opel AG
- American Honda Motor Co., Inc.
- Audi AG
- Bayerische Motoren Werke AG (BMW GROUP)
- Beijing Automotive Group Co., Ltd.
- Cadillac
- Daihatsu Motor Co., Ltd.
- Daimler AG
- Dongfeng Motor Corporation
- Dr. Ing. HCF Porsche AG
- Ferrari SpA
- General Motors Company
- Haima Automobile International Corporation
- Hindustan Motors Ltd.
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Infiniti Motor Company Ltd.
- Kia Motors Corporation
- Mahindra & Mahindra Ltd.
- Maruti Suzuki India Ltd.
- Mazda Motor Corporation
- Mitsubishi Motors Corporation
- Nissan Motor Co., Ltd.
- PSA Peugeot Citroen
- Renault Group
- Tata Motors Ltd.
- Toyota Motor Corporation
- Volkswagen AG
- Volvo Car Corporation
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Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- Adam Opel AG
- American Honda Motor Co., Inc.
- Audi AG
- Bayerische Motoren Werke AG (BMW GROUP)
- Beijing Automotive Group Co., Ltd.
- Cadillac
- Daihatsu Motor Co., Ltd.
- Daimler AG
- Dongfeng Motor Corporation
- Dr. Ing. HCF Porsche AG
- Ferrari SpA
- General Motors Company
- Haima Automobile International Corporation
- Hindustan Motors Ltd.
- Honda Motor Co., Ltd.
- Hyundai Motor Company
- Infiniti Motor Company Ltd.
- Kia Motors Corporation
- Mahindra & Mahindra Ltd.
- Maruti Suzuki India Ltd.
- Mazda Motor Corporation
- Mitsubishi Motors Corporation
- Nissan Motor Co., Ltd.
- PSA Peugeot Citroen
- Renault Group
- Tata Motors Ltd.
- Toyota Motor Corporation
- Volkswagen AG
- Volvo Car Corporation